# American Funds U.S. Government Securities Fund Class A (AMUSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/amusx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 1985-10-17 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. ## Key Facts | Metric | Value | |---|---| | Price | $11.51 | | Expense Ratio | 0.65% | | AUM (All Share Classes) | $23.11B | | NAV | $11.51 | | Holdings Count | 0 | | Distribution Yield (TTM) | 4.04% | | Annual Distribution (TTM) | $0.46 /share | | Distribution Frequency | Monthly | | 52-Week Range | $11.28 – $12.25 | | Beta | 0.96 | ## Latest Distribution - Amount: $0.0346 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### 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. ### Does AMUSX pay a dividend? Yes, American Funds U.S. Government Securities Fund Class A (AMUSX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.04%. Full dividend history is on this page. ### How often does AMUSX pay dividends? American Funds U.S. Government Securities Fund Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is AMUSX's next ex-dividend date? The most recently announced ex-dividend date for AMUSX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will AMUSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AMUSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from AMUSX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AMUSX cost more than a fund like VOO? AMUSX is actively managed (current expense ratio 0.65%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether AMUSX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AMUSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as AMUSX (0.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/amusx - Distribution history: https://www.dividenddata.com/funds/amusx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/amusx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/amusx/expenses - Peer comparison: https://www.dividenddata.com/funds/amusx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.