ASBCX: American Funds ST Bd Fd of Amer C

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Profile

ASBCX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $7.38 B
  • Holdings in Top 10 30.7%

52 WEEK LOW AND HIGH

$9.90
$9.74
$9.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.42%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 153.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Short-Term Bond Fund of America®
  • Fund Family Name
    American Funds
  • Inception Date
    Nov 06, 2006
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Queen

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Categories

Performance

ASBCX - Performance

Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -2.4% 9.5% 85.33%
1 Yr 1.5% -3.2% 25.4% 91.93%
3 Yr 0.2%* -3.0% 5.6% 90.38%
5 Yr 0.0%* -3.0% 12.5% 79.04%
10 Yr -0.2%* -5.2% 3.9% 91.99%

* Annualized

Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -1.7% 18.3% 93.59%
2018 -0.6% -11.7% 4.6% 9.20%
2017 -0.3% -4.4% 8.3% 89.77%
2016 -0.1% -7.8% 7.7% 43.69%
2015 -0.7% -18.3% 3.0% 42.33%

Total Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -2.4% 9.5% 85.33%
1 Yr 1.5% -3.2% 25.4% 91.90%
3 Yr 0.2%* -3.0% 8.1% 92.19%
5 Yr 0.0%* -3.0% 12.5% 81.12%
10 Yr -0.2%* -1.3% 7.0% 94.80%

* Annualized

Total Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -1.7% 18.3% 94.21%
2018 -0.6% -11.7% 6.5% 15.38%
2017 -0.3% -4.4% 10.4% 91.22%
2016 -0.1% -7.8% 10.7% 47.71%
2015 -0.4% -12.6% 4.2% 39.16%

NAV & Total Return History


Holdings

ASBCX - Holdings

Concentration Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Assets 7.38 B 690 K 259 B 9.65%
Number of Holdings 489 1 17668 33.15%
Net Assets in Top 10 2.24 B -216 M 21.4 B 5.89%
Weighting of Top 10 30.67% 2.5% 100.0% 28.69%

Top 10 Holdings

  1. United States Treasury Notes 1.5% 5.40%
  2. United States Treasury Notes 2.25% 4.22%
  3. United States Treasury Notes 2.12% 3.33%
  4. United States Treasury Notes 1.5% 3.28%
  5. United States Treasury Notes 1.5% 3.19%
  6. United States Treasury Notes 0.12% 2.85%
  7. United States Treasury Notes 2.62% 2.65%
  8. United States Treasury Notes 1.5% 2.05%
  9. United States Treasury Notes 1.62% 1.92%
  10. United States Treasury Notes 2.12% 1.78%

Asset Allocation

Weighting Return Low Return High ASBCX % Rank
Bonds
94.32% 80.02% 159.74% 76.74%
Cash
5.39% -59.74% 19.63% 18.54%
Convertible Bonds
0.30% 0.00% 7.23% 38.30%
Stocks
0.00% -0.98% 25.43% 92.21%
Preferred Stocks
0.00% 0.00% 7.43% 94.03%
Other
0.00% -8.60% 31.85% 90.46%

Bond Sector Breakdown

Weighting Return Low Return High ASBCX % Rank
Government
56.20% -2.21% 122.41% 7.29%
Securitized
28.54% 0.00% 98.40% 29.94%
Corporate
9.67% 0.00% 99.62% 49.52%
Cash & Equivalents
5.39% -29.57% 27.25% 21.76%
Municipal
0.20% 0.00% 100.11% 71.38%
Derivative
0.00% -0.83% 22.35% 93.53%

Bond Geographic Breakdown

Weighting Return Low Return High ASBCX % Rank
US
86.21% 58.28% 156.78% 73.81%
Non US
8.11% -12.35% 26.76% 31.58%

Expenses

ASBCX - Expenses

Operational Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.42% 0.01% 38.00% 18.77%
Management Fee 0.27% 0.00% 1.10% 17.87%
12b-1 Fee 1.00% 0.00% 1.00% 98.21%
Administrative Fee 0.05% 0.00% 0.50% 28.36%

Sales Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 87.76%

Trading Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 153.00% 0.00% 489.00% 87.63%

Distributions

ASBCX - Distributions

Dividend Yield Analysis

ASBCX Category Low Category High ASBCX % Rank
Dividend Yield 0.17% 0.00% 3.16% 80.49%

Dividend Distribution Analysis

ASBCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Income Ratio 1.09% 0.00% 6.30% 97.79%

Capital Gain Distribution Analysis

ASBCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ASBCX - Fund Manager Analysis

Managers

John Queen


Start Date

Tenure

Tenure Rank

Jul 01, 2011

8.59

8.6%

John R. Queen is president at Capital Research and Management Company. Prior to that, Queen is a portfolio manager with Mercury Advisors, his employer since 1997. Prior to joining the firm, he was associated with The Capital Group.

Ritchie Tuazon


Start Date

Tenure

Tenure Rank

Nov 01, 2013

6.25

6.3%

Ritchie Tuazon is a fixed-income portfolio manager at Capital Group with research responsibility for U.S. Treasuries and TIPS. He has 12 years of investment experience and has been with Capital Group for two years. Prior to joining Capital, Ritchie was an interest-rate trader at Goldman Sachs & Co. and an investment banking analyst at J.P. Morgan. He holds a master’s degree in business administration from MIT Sloan School of Management, a master’s degree in public administration from The Harvard Kennedy School and a bachelor’s degree from the University of California, Berkeley. Ritchie is based in Los Angeles.

Vincent Gonzales


Start Date

Tenure

Tenure Rank

Nov 01, 2016

3.25

3.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.19 7.42 0.08