U.S. Government Securities Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.3%
1 yr return
-2.5%
3 Yr Avg Return
-3.4%
5 Yr Avg Return
N/A
Net Assets
$20.5 B
Holdings in Top 10
39.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 133.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
$25
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FSUUX - Profile
Distributions
- YTD Total Return -3.3%
- 3 Yr Annualized Total Return -3.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.24%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameU.S. Government Securities Fund
-
Fund Family NameCapital Group Fund Group
-
Inception DateAug 07, 2008
-
Shares OutstandingN/A
-
Share Class529-F3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDina Perry
Fund Description
Normally at least 80% of the fund’s assets will be invested in securities that are guaranteed or sponsored by the U.S. government, its agencies and instrumentalities, including bonds and other debt securities denominated in U.S. dollars, which may be represented by derivatives. The fund may also invest in mortgage-backed securities issued by federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government.
The fund may invest in inflation-linked bonds issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Inflation-linked bonds are structured to protect against inflation by linking the bond’s principal and interest payments to an inflation index, such as the Consumer Price Index for Urban Consumers, so that principal and interest adjust to reflect changes in the index.
The fund may invest in futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index.
The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
FSUUX - Performance
Return Ranking - Trailing
Period | FSUUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -2.8% | 17.4% | 100.00% |
1 Yr | -2.5% | -3.9% | 43.1% | 99.66% |
3 Yr | -3.4%* | -9.2% | 9.5% | 98.60% |
5 Yr | N/A* | 0.2% | 13.0% | 40.54% |
10 Yr | N/A* | -0.6% | 11.2% | 45.32% |
* Annualized
Return Ranking - Calendar
Period | FSUUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.7% | -6.9% | 29.3% | 97.97% |
2022 | -13.2% | -37.4% | -8.2% | 10.07% |
2021 | N/A | -9.8% | 25.4% | N/A |
2020 | N/A | -21.0% | 25.4% | N/A |
2019 | N/A | -8.3% | 27.9% | N/A |
Total Return Ranking - Trailing
Period | FSUUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -2.8% | 17.4% | 100.00% |
1 Yr | -2.5% | -3.9% | 43.1% | 99.66% |
3 Yr | -3.4%* | -9.2% | 9.5% | 98.60% |
5 Yr | N/A* | 0.2% | 13.0% | 37.06% |
10 Yr | N/A* | -0.6% | 11.2% | 42.40% |
* Annualized
Total Return Ranking - Calendar
Period | FSUUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -0.9% | 33.0% | 99.32% |
2022 | -10.6% | -36.0% | -0.9% | 17.71% |
2021 | N/A | -7.8% | 33.9% | N/A |
2020 | N/A | -16.2% | 25.4% | N/A |
2019 | N/A | 7.3% | 34.8% | N/A |
NAV & Total Return History
FSUUX - Holdings
Concentration Analysis
FSUUX | Category Low | Category High | FSUUX % Rank | |
---|---|---|---|---|
Net Assets | 20.5 B | 1.11 M | 120 B | 7.41% |
Number of Holdings | 845 | 4 | 2543 | 12.79% |
Net Assets in Top 10 | 7.55 B | 1.06 M | 30.6 B | 14.14% |
Weighting of Top 10 | 39.10% | 19.8% | 102.8% | 74.07% |
Top 10 Holdings
- CAPITAL GROUP CENTRAL CASH FUND 16.84%
- FNCL 6.5 UMBS TBA 01-01-54 5.43%
- FNCL 6.0 UMBS TBA 01-01-54 3.49%
- US TREASURY NOTE 4.625% 02-28-25 2.51%
- FNCL UMBS 5.5 SD8342 07-01-53 1.92%
- FNCL 6.0 UMBS TBA 12-01-53 1.87%
- US TREASURY NOTE 2.0% 02-15-25 1.85%
- TREASURY BILL 0.0% 02-01-24 1.80%
- FNCL UMBS 6.0 SD8332 06-01-53 1.76%
- FNCL UMBS 6.5 MA5192 11-01-53 1.65%
Asset Allocation
Weighting | Return Low | Return High | FSUUX % Rank | |
---|---|---|---|---|
Bonds | 104.16% | 0.00% | 104.15% | 0.34% |
Cash | 16.84% | -7.71% | 88.58% | 1.68% |
Other | 0.78% | -0.24% | 31.76% | 17.85% |
Convertible Bonds | 0.46% | 0.00% | 26.48% | 31.53% |
Stocks | 0.00% | 0.00% | 100.68% | 94.95% |
Preferred Stocks | 0.00% | 0.00% | 18.32% | 61.62% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FSUUX % Rank | |
---|---|---|---|---|
Corporate | 54.74% | 0.00% | 98.43% | 17.29% |
Cash & Equivalents | 16.84% | 0.00% | 85.16% | 3.70% |
Government | 11.05% | 0.00% | 99.71% | 77.97% |
Securitized | 9.26% | 0.00% | 37.97% | 56.27% |
Municipal | 1.07% | 0.00% | 17.02% | 11.86% |
Derivative | 0.78% | -0.24% | 31.76% | 3.70% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FSUUX % Rank | |
---|---|---|---|---|
US | 104.16% | 0.00% | 104.15% | 0.34% |
Non US | 0.00% | 0.00% | 2.72% | 53.54% |
FSUUX - Expenses
Operational Fees
FSUUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.31% | 0.04% | 4.67% | 96.97% |
Management Fee | 0.22% | 0.00% | 1.25% | 48.82% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.05% | 0.01% | 0.28% | 43.04% |
Sales Fees
FSUUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FSUUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
FSUUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 133.00% | 4.00% | 236.00% | 92.53% |
FSUUX - Distributions
Dividend Yield Analysis
FSUUX | Category Low | Category High | FSUUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.05% | 13.13% |
Dividend Distribution Analysis
FSUUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
FSUUX | Category Low | Category High | FSUUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.24% | -1.12% | 6.07% | 5.21% |
Capital Gain Distribution Analysis
FSUUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.047 | OrdinaryDividend |
Mar 01, 2024 | $0.043 | OrdinaryDividend |
Feb 01, 2024 | $0.044 | OrdinaryDividend |
Jan 02, 2024 | $0.044 | OrdinaryDividend |
Dec 01, 2023 | $0.045 | OrdinaryDividend |
Nov 01, 2023 | $0.045 | OrdinaryDividend |
Oct 02, 2023 | $0.040 | OrdinaryDividend |
Sep 01, 2023 | $0.042 | OrdinaryDividend |
Aug 01, 2023 | $0.040 | OrdinaryDividend |
Jul 03, 2023 | $0.044 | OrdinaryDividend |
Jun 01, 2023 | $0.039 | OrdinaryDividend |
May 01, 2023 | $0.039 | OrdinaryDividend |
Apr 03, 2023 | $0.047 | OrdinaryDividend |
Mar 01, 2023 | $0.016 | OrdinaryDividend |
Feb 01, 2023 | $0.021 | OrdinaryDividend |
Jan 03, 2023 | $0.034 | OrdinaryDividend |
Dec 01, 2022 | $0.026 | OrdinaryDividend |
Nov 01, 2022 | $0.012 | OrdinaryDividend |
Oct 03, 2022 | $0.009 | OrdinaryDividend |
Sep 01, 2022 | $0.059 | OrdinaryDividend |
Aug 01, 2022 | $0.048 | OrdinaryDividend |
Jul 01, 2022 | $0.025 | OrdinaryDividend |
Jun 01, 2022 | $0.051 | OrdinaryDividend |
May 02, 2022 | $0.036 | OrdinaryDividend |
Apr 01, 2022 | $0.032 | OrdinaryDividend |
Mar 01, 2022 | $0.012 | OrdinaryDividend |
Feb 01, 2022 | $0.018 | OrdinaryDividend |
Jan 03, 2022 | $0.033 | OrdinaryDividend |
Dec 01, 2021 | $0.011 | OrdinaryDividend |
Nov 01, 2021 | $0.009 | OrdinaryDividend |
Oct 01, 2021 | $0.015 | OrdinaryDividend |
Sep 01, 2021 | $0.025 | OrdinaryDividend |
Aug 02, 2021 | $0.024 | OrdinaryDividend |
Jul 01, 2021 | $0.019 | OrdinaryDividend |
Jun 01, 2021 | $0.015 | OrdinaryDividend |
May 03, 2021 | $0.014 | OrdinaryDividend |
Apr 01, 2021 | $0.011 | OrdinaryDividend |
Mar 01, 2021 | $0.008 | OrdinaryDividend |
Feb 01, 2021 | $0.008 | OrdinaryDividend |
FSUUX - Fund Manager Analysis
Managers
Dina Perry
Start Date
Tenure
Tenure Rank
Jan 01, 1992
30.43
30.4%
Dina Perry is a senior vice president of Capital Research and Management Company serving as a portfolio manager for several mutual funds. Prior to joining Capital Research in 1991, she was a senior portfolio manager with Neuberger & Berman, where she managed equity portfolios for pension funds and individuals. Before that, she was a vice president, portfolio manager, and chief economist at Chase Investors Management Corporation. Ms. Perry received both a BA and MA in economics from Queens College in New York City. She is based in Washington, D.C.
Andrew Suzman
Start Date
Tenure
Tenure Rank
Oct 01, 1999
22.68
22.7%
Andrew B. Suzman is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 25 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Andrew covered global real-estate companies, U.S. merchandising, and Australian industrials and banks. He holds an MBA from Harvard Business School and a bachelor’s degree in political economy from Tulane University. Andrew is based in New York.
David Daigle
Start Date
Tenure
Tenure Rank
Oct 01, 2006
15.67
15.7%
David A. Daigle is a fixed income portfolio manager at Capital Group. He has 27 years of investment experience, all with Capital Group. Earlier in his career at Capital, David also had investment analyst responsibilities and covered multiple industries including health care, wireless communications, technology, and transportation. He holds an MBA with honors from the University of Chicago Booth School of Business and a bachelor’s degree in business administration from the University of Vermont. David is based in New York.
Paul Flynn
Start Date
Tenure
Tenure Rank
Oct 01, 2012
9.67
9.7%
Paul Flynn is a portfolio manager at Capital Group. He has 26 years of investment experience and has been with Capital Group for 24 years. Earlier in his career, as an equity investment analyst at Capital, Paul covered the global auto industry, as well as European business services and beverage companies. Prior to joining Capital, Paul was a consultant with Bain and Company. He holds an MBA from Harvard Business School. Paul is based in Hong Kong.
Pramod Atluri
Start Date
Tenure
Tenure Rank
Oct 01, 2017
4.67
4.7%
Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 23 years of investment industry experience and has been with Capital Group for six years. Prior to joining Capital, Pramod was a fixed income portfolio manager at Fidelity Investments, where he also worked as a fixed income strategist and corporate bond analyst. Before that, he was a management consultant at McKinsey & Company. He holds an MBA from Harvard Business School and a bachelor’s degree in biological chemistry from the University of Chicago, where he also completed the requirements for bachelor’s degrees in economics and chemistry. He holds the Chartered Financial Analyst® designation. Pramod is based in Los Angeles.
Shannon Ward
Start Date
Tenure
Tenure Rank
Oct 01, 2017
4.67
4.7%
Shannon Ward is a fixed income portfolio manager at Capital Group. She also serves on the Target Date Solutions Committee. She has 29 years of investment industry experience and has been with Capital Group for five years. Prior to joining Capital, Shannon worked as a portfolio manager at Oaktree Capital Management. She holds an MBA from the University of Southern California and a bachelor's degree in psychology from University of California, Santa Barbara. Shannon is based in Los Angeles.
Bradley Vogt
Start Date
Tenure
Tenure Rank
Jun 01, 2020
2.0
2.0%
Bradley J. Vogt is an equity portfolio manager at Capital Group. He is the principal investment officer of the American Funds Target Date Retirement Series® and serves on the Target Date Solutions Committee. Brad has been involved in the oversight of our multi-asset solutions for more than a decade. Brad has 34 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered environmental services, U.S. telecommunications and cable & satellite TV companies.
Caroline Randall
Start Date
Tenure
Tenure Rank
Jun 01, 2020
2.0
2.0%
Caroline Randall is a portfolio manager at Capital Group. She also serves on the Capital Group Management Committee. She has 24 years of investment experience and has been with Capital Group for 16 years. Earlier in her career at Capital, as an equity investment analyst, she covered European utilities and transportation companies. Prior to joining Capital, she was head of European utilities research at J.P. Morgan. Before that, she was an analyst with Schroder Securities and an associate in investment banking at Deutsche Bank.
Joyce Gordon
Start Date
Tenure
Tenure Rank
Jun 01, 2020
2.0
2.0%
Joyce E. Gordon is an equity portfolio manager at Capital Group. She has 41 years of investment experience, all with Capital Group. Earlier in her career, as an equity investment analyst at Capital, she covered thrifts, banking, and paper & forest products companies. She holds an MBA and a bachelor’s degree in business finance from the University of Southern California. Joyce is based in Los Angeles.
John Queen
Start Date
Tenure
Tenure Rank
Oct 01, 2020
1.66
1.7%
John R. Queen is a fixed income portfolio manager at Capital Group. He also serves on the Portfolio Solutions Committee. He has 32 years of investment experience and has been with Capital Group for 20 years. Earlier in his career at Capital, John was a trader and dealer service representative. Prior to joining Capital, he was chief operating officer and chief compliance officer, as well as managing director overseeing bond portfolios at Roxbury Capital Management, an affiliate of Wilmington Trust. Before that, he was managing director at Hotchkis and Wiley. John holds a bachelor’s degree in industrial management from Purdue University and attended the U.S. Military Academy at West Point, where he majored in mechanical engineering. He also holds the Chartered Financial Analyst® designation. John is based in Los Angeles.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 38.44 | 7.41 | 2.41 |