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RAMBX American Funds ST Bd Fd of Amer R2

  • Fund
  • RAMBX
  • Price as of: Dec 09, 2016
  • $9.82
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

RAMBX - Profile

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return -0.3%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $5.59 B
  • Holdings in Top 10 23.7%

52 WEEK LOW AND HIGH

$9.82
$9.81
$9.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.43%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 301.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name American Funds Short-Term Bond Fund of America®
  • Fund Family Name American Funds
  • Inception Date Dec 08, 2006
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Ritchie Tuazon

Fund Description

The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio 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.

RAMBX - Performance

Return Ranking - Trailing

Period RAMBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.1% -11.3% 201.5% 49.14% 4
1 Yr 0.0% -12.6% 13.8% 90.83% 5
3 Yr -0.3% * -5.9% 8.2% 94.40% 5
5 Yr -0.3% * -3.1% 13.6% 96.43% 5
10 Yr 0.7% * -2.2% 9.5% 96.91% 5

* Annualized


Return Ranking - Calendar

Period RAMBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.8% -33.0% 3.0% 9.30% 1
2014 -0.5% -9.3% 14.9% 46.08% 4
2013 -1.3% -24.1% 40.4% 18.87% 2
2012 -0.1% -100.0% 18.7% 63.49% 5
2011 0.0% -20.6% 15.5% 37.28% 3

Total Return Ranking - Trailing

Period RAMBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.1% -9.9% 204.3% 57.46% 4
1 Yr 0.0% -12.6% 16.3% 74.04% 4
3 Yr -0.3% * -7.2% 8.2% 92.04% 5
5 Yr -0.3% * -3.9% 13.6% 95.91% 5
10 Yr 0.7% * -2.2% 9.5% 96.66% 5

* Annualized


Total Return Ranking - Calendar

Period RAMBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.5% -32.5% 4.5% 22.02% 2
2014 -0.5% -8.3% 16.8% 63.40% 5
2013 -1.3% -12.9% 58.5% 33.01% 3
2012 -0.1% -100.0% 35.2% 72.44% 5
2011 0.0% -20.7% 18.1% 54.83% 4

NAV & Total Return History

RAMBX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

RAMBX Category Low Category High RAMBX % Rank Quintile
Net Assets 5.59 B 319 K 176 B 4.22% 1
Number of Holdings 425 1 17569 12.51% 3
Net Assets in Top 10 1.3 B -36 B 36.7 B 3.36% 1
Weighting of Top 10 23.7% 0.0% 1167.9% 18.57% 3

Top 10 Holdings

  1. US Treasury Note 0.75% 4.07%
  2. US Treasury Note 1% 3.67%
  3. US Treasury Note 0.75% 3.64%
  4. US Treasury Note 0.875% 2.37%
  5. US Treasury Note 1.125% 2.30%
  6. US Treasury Note 1.89%
  7. US Treasury Note 1.25% 1.84%
  8. US Treasury Note 1.25% 1.55%
  9. US Treasury Note 0.75% 1.20%
  10. Hertz Vehicle Fin 2013-1 1.83% 1.16%

Asset Allocation

Weighting Category Low Category High RAMBX % Rank Quintile
Bonds
95.84% -175.98% 1241.14% 10.58% 2
Cash
4.11% -1141.94% 275.92% 16.48% 3
Other
0.05% -30.13% 98.36% 13.48% 4
Convertible Bonds
0.00% 0.00% 12.73% 5.65% 3
Preferred Stocks
0.00% -0.45% 17.66% 7.53% 4
Stocks
0.00% -3.27% 98.55% 6.00% 3

Bond Sector Breakdown

Weighting Category Low Category High RAMBX % Rank Quintile
Government
43.94% -389.49% 1167.69% 4.07% 1
Securitized
28.44% 0.00% 105.84% 16.53% 3
Corporate
20.76% 0.00% 221.70% 26.75% 5
Cash & Equivalents
4.11% -1141.94% 416.01% 16.68% 3
Municipal
1.62% 0.00% 98.41% 7.58% 2
Derivative
0.00% -513.07% 38.63% 2.39% 2

Bond Geographic Breakdown

Weighting Category Low Category High RAMBX % Rank Quintile
US
80.54% -370.09% 982.00% 15.31% 3
Non US
15.30% -45.82% 351.70% 12.21% 2

RAMBX - Expenses

Operational Fees

RAMBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.43% 0.00% 42.51% 7.38% 4
Management Fee 0.28% 0.00% 2.15% 3.51% 1
12b-1 Fee 0.74% 0.00% 1.00% 0.87% 4
Administrative Fee 0.05% 0.00% 0.63% 3.40% 1

Sales Fees

RAMBX Fees (% of AUM) Category Low Category High RAMBX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

RAMBX Fees (% of AUM) Category Low Category High RAMBX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

RAMBX Fees (% of AUM) Category Low Category High RAMBX Rank Quintile
Turnover 301.00% 0.00% 1856.00% 3.97% 5

RAMBX - Distributions

Dividend Yield Analysis

RAMBX Category Low Category High RAMBX % Rank Quintile
Dividend Yield 0.0% 0.00% 1.30% 32.85% 5

Dividend Distribution Analysis

RAMBX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

RAMBX Category Low Category High RAMBX % Rank Quintile
Net Income Ratio -0.14% -1.76% 17.13% 24.27% 5

Capital Gain Distribution Analysis

RAMBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

RAMBX - Managers

Ritchie Tuazon

Manager

Start Date

Nov 01, 2013

Tenure

3.08

Tenure Rank

6.8%

Ritchie Tuazon is a fixed-income investment analyst 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.


John R. Queen

Manager

Start Date

Jul 01, 2011

Tenure

5.42

Tenure Rank

5.2%

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.


Tenure Analysis

Category Low

0.0

Category High

27.9

Category Average

6.12

Category Mode

1.9