ASBCX: American Funds Short-Term Bond Fund of America® - MutualFunds.com

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ASBCX - Snapshot

Vitals

  • YTD Return 2.2%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 1.0%
  • Net Assets $10.6 B
  • Holdings in Top 10 28.8%

52 WEEK LOW AND HIGH

$10.05
$9.81
$10.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.39%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Compare ASBCX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.00

0.00%

$67.93 B

2.36%

$0.26

2.52%

-

$10.86

0.00%

$59.81 B

-

$0.02

2.74%

-

$82.89

+0.04%

$59.81 B

1.90%

$1.57

2.83%

-

$4.20

+0.24%

$55.37 B

2.99%

$0.13

-0.24%

-

$83.09

+0.04%

$40.61 B

2.42%

$2.01

2.54%

-

ASBCX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.55%
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
    Nov 06, 2006
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Queen

ASBCX - Performance

Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -8.4% 206.6% 33.05%
1 Yr 2.7% -5.2% 7.1% 68.93%
3 Yr 1.6%* -0.7% 4.6% 95.99%
5 Yr 1.0%* -0.8% 5.0% 97.51%
10 Yr 0.3%* 0.2% 4.2% 99.27%

* Annualized

Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -2.4% 5.0% 85.92%
2018 -0.6% -50.6% 1.0% 17.02%
2017 -0.3% -1.6% 2.8% 72.30%
2016 -0.1% -65.8% 7.1% 77.01%
2015 -0.7% -75.0% 3.0% 27.14%

Total Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -8.4% 206.6% 33.05%
1 Yr 1.7% -6.8% 7.1% 71.99%
3 Yr 1.6%* -0.7% 4.6% 92.90%
5 Yr 1.0%* -0.8% 5.0% 96.56%
10 Yr 0.3%* 0.2% 4.2% 98.78%

* Annualized

Total Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -2.3% 7.2% 87.88%
2018 -0.6% -4.2% 6.5% 27.27%
2017 -0.3% -1.6% 5.9% 74.63%
2016 -0.1% -65.2% 10.7% 79.24%
2015 -0.4% -7.0% 3.5% 20.95%

NAV & Total Return History


ASBCX - Holdings

Concentration Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Assets 10.6 B 4.48 M 67.9 B 9.68%
Number of Holdings 709 3 4826 24.50%
Net Assets in Top 10 2.95 B -168 M 7.13 B 9.06%
Weighting of Top 10 28.76% 2.4% 100.0% 37.16%

Top 10 Holdings

  1. United States Treasury Notes 0.13% 4.78%
  2. United States Treasury Notes 1.5% 3.51%
  3. United States Treasury Notes 0.12% 3.42%
  4. US Treasury Note 0.12% 3.02%
  5. United States Treasury Notes 1.62% 2.61%
  6. United States Treasury Notes 0.12% 2.51%
  7. United States Treasury Notes 1.75% 2.51%
  8. United States Treasury Notes 1.5% 2.25%
  9. United States Treasury Notes 1.5% 2.21%
  10. United States Treasury Notes 0.12% 1.95%

Asset Allocation

Weighting Return Low Return High ASBCX % Rank
Bonds
91.96% 0.00% 177.64% 65.27%
Cash
7.37% -80.64% 100.00% 23.83%
Convertible Bonds
0.66% 0.00% 32.87% 79.87%
Stocks
0.00% 0.00% 6.71% 82.21%
Preferred Stocks
0.00% 0.00% 51.61% 83.22%
Other
0.00% -2.01% 20.06% 77.68%

Bond Sector Breakdown

Weighting Return Low Return High ASBCX % Rank
Government
51.61% 0.00% 78.98% 6.88%
Securitized
30.52% 0.00% 92.39% 47.82%
Cash & Equivalents
11.09% 0.00% 100.00% 23.15%
Corporate
6.57% 0.00% 100.00% 95.47%
Municipal
0.21% 0.00% 17.16% 30.54%
Derivative
0.00% 0.00% 27.60% 99.33%

Bond Geographic Breakdown

Weighting Return Low Return High ASBCX % Rank
US
84.66% 0.00% 144.19% 42.79%
Non US
7.30% -22.36% 78.41% 71.64%

ASBCX - Expenses

Operational Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.39% 0.01% 34.57% 18.54%
Management Fee 0.27% 0.00% 1.19% 29.55%
12b-1 Fee 1.00% 0.00% 1.00% 96.27%
Administrative Fee 0.05% 0.01% 0.50% 31.30%

Sales Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 0.50% 5.00% 78.57%

Trading Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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 N/A 0.00% 496.37% 82.01%

ASBCX - Distributions

Dividend Yield Analysis

ASBCX Category Low Category High ASBCX % Rank
Dividend Yield 0.00% 0.00% 3.55% 81.97%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Income Ratio 0.55% -9.96% 4.42% 98.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ASBCX - Fund Manager Analysis

Managers

John Queen


Start Date

Tenure

Tenure Rank

Jul 01, 2011

9.34

9.3%

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.

Vincent Gonzales


Start Date

Tenure

Tenure Rank

Nov 01, 2016

4.0

4.0%

Vincent J. Gonzales is a fixed income portfolio manager at Capital Group. As a fixed income investment analyst, he covers commercial mortgage-backed securities and asset-backed securities. He has 12 years of investment experience and has been with Capital Group for seven years. Prior to joining Capital, he was an associate at Newstone Capital Partners. Before that, he was an investment banking analyst at Goldman Sachs & Co. He holds an MBA from Harvard Business School and a bachelor’s degree in management science & engineering from Stanford University. Vince is based in Los Angeles.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 27.75 5.89 0.83
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