American Funds U.S. Government Securities Fund Class A

Frequently Asked Questions About AMUSX

What does AMUSX invest in?

This fund allocates a minimum of 80% of its total holdings to debt instruments that are either backed or sponsored by the U.S. government, its various agencies, and associated entities. This primary investment includes U.S. dollar-denominated bonds and other debt obligations, which can also be accessed via derivative contracts. Furthermore, the fund has the flexibility to acquire mortgage-backed securities (MBS) issued by federal agencies and instrumentalities, even if these specific MBS do not carry the explicit full faith and credit guarantee of the U.S. government.

What is the expense ratio of AMUSX?

American Funds U.S. Government Securities Fund Class A (AMUSX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

What is AMUSX's dividend yield?

AMUSX's trailing-twelve-month yield is 4.04%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AMUSX?

Effective duration measures AMUSX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AMUSX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AMUSX?

AMUSX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AMUSX?

Yield to maturity (YTM) is the total return you'd earn from AMUSX if every bond in the portfolio is held to maturity at the current price. AMUSX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.