- 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 Funds Short-Term Bond Fund of America;F1 (ASBFX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.
- What is ASBFX's dividend yield?
- ASBFX's trailing-twelve-month yield is 3.73%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ASBFX?
- Effective duration measures ASBFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ASBFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ASBFX?
- ASBFX'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 ASBFX?
- Yield to maturity (YTM) is the total return you'd earn from ASBFX if every bond in the portfolio is held to maturity at the current price. ASBFX'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.
