American Fd, Short-Term Fund of America, Class F-1 Shs

Frequently Asked Questions About ASBFX

What does ASBFX invest in?

This fund aims to generate ongoing income while safeguarding its initial value, adhering to the maturity and credit quality guidelines detailed in its offering document. At least 80% of its holdings will be allocated to fixed-income securities, which include various debt instruments and cash equivalents. The portfolio is structured with a dollar-weighted average effective maturity not exceeding three years, and primarily consists of debt securities and money market instruments rated AA- or Aa3 or better. Its investments predominantly comprise debt instruments denominated in U.S. dollars, though up to 10% of its assets may also be placed in debt securities within the A credit rating category.

What is the expense ratio of ASBFX?

American Fd, Short-Term Fund of America, Class F-1 Shs (ASBFX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ASBFX?

American Fd, Short-Term Fund of America, Class F-1 Shs (ASBFX) manages $13.00B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ASBFX actively managed or an index fund?

ASBFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ASBFX launched?

American Fd, Short-Term Fund of America, Class F-1 Shs (ASBFX) launched in November 2006 and is managed by the fund issuer.

How has ASBFX performed?

ASBFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.