ASBAX : American Funds Short-Term Bond Fund of America® Class A

ASBAX is a Bond Market High Yield Bond with MODERATE fees.

ASBAX

American Funds Short-Term Bond Fund of America® Class A

FI Score

61 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

10 /10

Category Score

0 /10

Market Size

10 /10

61% FI Score
  • asbax
  • Mutual Fund
  • Bond
  • High Yield Bond

American Funds Short-Term Bond Fund of America® Class A

Expenses: 0.70% (Better than 1% of similar funds)

This is an OK choice for a High Yield Bond Bond fund. See why »

Fund Summary

The investment seeks current income, consistent with the maturity and quality standards described in the prospectus, and preservation of capital. The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity no greater than three years and consisting primarily of debt securities rated AA- or Aa3 or better. The fund primarily invests in debt securities denominated in U.S. dollars. It may invest up to 10% of its assets in debt securities in the A rating category.

Largest Holdings

Amount Holding
4.74% United States Treasury Notes 1.5%
3.80% United States Treasury Notes 1.38%
3.24% United States Treasury Notes 1.62%
2.91% United States Treasury Notes 1.5%
2.80% United States Treasury Notes 1.5%
2.45% United States Treasury Notes 2.62%
1.82% United States Treasury Notes 2.25%
1.75% United States Treasury Notes 1.12%
1.65% United States Treasury Notes 2.12%
1.48% United States Treasury Notes 0.5%
1.36% United States Treasury Notes 1.62%
1.28% United States Treasury Notes 2.75%
1.24% United States Treasury Notes 2.62%
1.22% United States Treasury Notes 1.75%
1.21% United States Treasury Notes 1.5%
1.07% United States Treasury Notes 2.12%
1.01% United States Treasury Notes 2.62%
1.00% United States Treasury Notes 1.75%
0.98% United States Treasury Notes 2.75%
0.66% United States Treasury Notes 0.12%
0.63% United States Treasury Notes 0.12%
0.51% United States Treasury Notes 1.62%
0.50% United States Treasury Notes 1.5%
0.48% MELLO WAREHOUSE SECURITIZATION NOTES 1.75%
0.43% United States Treasury Notes 1.75%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo