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ASBCX American Funds ST Bd Fd of Amer C

  • Fund
  • ASBCX
  • Price as of: Jul 15, 2019
  • $9.84 - $0.00 - 0.00%
  • Category
  • Total Bond Market

ASBCX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return -0.2%
  • 5 Yr Annualized Return -0.2%
  • Net Assets $6.95 B
  • Holdings in Top 10 28.6%

52 WEEK LOW AND HIGH

$9.84
$9.64
$9.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.44%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 129.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.73%
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 R. Queen

ASBCX - Performance

Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -3.3% 12.1% 87.29%
1 Yr 1.7% -16.1% 8.0% 61.75%
3 Yr -0.2%* -4.3% 44.5% 47.83%
5 Yr -0.2%* -6.2% 23.8% 49.16%
10 Yr -0.1%* -7.3% 15.9% 87.27%

* Annualized


Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.6% -22.2% 3.1% 10.58%
2017 -0.3% -5.1% 25.1% 88.98%
2016 -0.1% -8.5% 192.8% 78.77%
2015 -0.7% -33.0% 3.0% 13.85%
2014 -0.5% -29.8% 32.1% 72.44%

Total Return Ranking - Trailing

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -3.3% 12.5% 88.29%
1 Yr 1.7% -16.1% 10.5% 67.68%
3 Yr -0.2%* -4.3% 49.6% 60.56%
5 Yr -0.2%* -3.8% 28.8% 62.82%
10 Yr -0.1%* -7.3% 18.6% 89.81%

* Annualized


Total Return Ranking - Calendar

Period ASBCX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.6% -22.2% 7.9% 17.59%
2017 -0.3% -4.6% 25.1% 90.68%
2016 -0.1% -4.1% 204.3% 83.46%
2015 -0.4% -32.4% 4.2% 18.26%
2014 -0.5% -29.8% 32.1% 79.20%

NAV & Total Return History

ASBCX - Holdings

Concentration Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Assets 6.95 B 337 K 218 B 14.83%
Number of Holdings 463 3 17333 51.66%
Net Assets in Top 10 1.93 B -1.98 B 29.3 B 11.17%
Weighting of Top 10 28.62% 4.0% 1674.7% 47.54%

Top 10 Holdings

  1. United States Treasury Notes 2.5% 7.68%

  2. United States Treasury Notes 2.5% 4.38%

  3. United States Treasury Notes 2.62% 2.82%

  4. United States Treasury Notes 2.62% 2.59%

  5. United States Treasury Notes 2.75% 2.12%

  6. United States Treasury Notes 2.12% 2.03%

  7. United States Treasury Notes 2.62% 2.01%

  8. United States Treasury Notes 2.38% 2.01%

  9. United States Treasury Notes 2.75% 1.49%

  10. United States Treasury Notes 2.62% 1.49%


Asset Allocation

Weighting Return Low Return High ASBCX % Rank
Bonds
90.93% 0.00% 394.27% 76.33%
Cash
9.07% -539.21% 80.58% 18.35%
Stocks
0.00% -0.99% 97.68% 68.09%
Preferred Stocks
0.00% 0.00% 20.33% 72.34%
Other
0.00% -98.58% 236.55% 63.63%
Convertible Bonds
0.00% 0.00% 18.42% 90.56%

Bond Sector Breakdown

Weighting Return Low Return High ASBCX % Rank
Government
51.99% -74.72% 316.66% 8.44%
Securitized
25.98% 0.00% 103.00% 66.09%
Corporate
12.10% 0.00% 127.23% 91.56%
Cash & Equivalents
9.07% -532.79% 80.58% 14.89%
Municipal
0.85% 0.00% 102.07% 24.07%
Derivative
0.00% -234.33% 54.22% 56.38%

Bond Geographic Breakdown

Weighting Return Low Return High ASBCX % Rank
US
79.68% 0.00% 219.16% 63.76%
Non US
11.25% -108.37% 244.34% 45.94%

ASBCX - Expenses

Operational Fees

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.44% 0.00% 38.42% 18.76%
Management Fee 0.28% 0.00% 2.15% 19.22%
12b-1 Fee 1.00% 0.00% 1.00% 92.03%
Administrative Fee 0.05% 0.00% 0.63% 18.42%

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% 0.15% 5.50% 62.55%

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

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.

ASBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 129.00% 0.00% 2337.00% 66.87%

ASBCX - Distributions

Dividend Yield Analysis

ASBCX Category Low Category High ASBCX % Rank
Dividend Yield 0.01% 0.00% 8.54% 97.14%

Dividend Distribution Analysis

ASBCX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

ASBCX Category Low Category High ASBCX % Rank
Net Income Ratio 0.73% -2.82% 7.22% 98.20%

Capital Gain Distribution Analysis

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

ASBCX - Managers

John R. Queen

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2011

8.0

8.0%

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

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2013

5.66

5.7%

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 J. Gonzales

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2016

2.66

2.7%


Tenure Analysis

Category Low

0.66

Category High

30.51

Category Average

9.5

Category Mode

12.59