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Critical Facts You Need to Know About Preferred Stocks
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Short-Term Bond Fund of America
mutual fund
ASBCX
Payout Change
Pending
Price as of:
$9.36
-0.01
-0.11%
primary theme
U.S. Short-Term Bond Duration
ASBCX (Mutual Fund)
Short-Term Bond Fund of America
Payout Change
Pending
Price as of:
$9.36
-0.01
-0.11%
primary theme
U.S. Short-Term Bond Duration
ASBCX (Mutual Fund)
Short-Term Bond Fund of America
Payout Change
Pending
Price as of:
$9.36
-0.01
-0.11%
primary theme
U.S. Short-Term Bond Duration
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.2%
1 yr return
4.9%
3 Yr Avg Return
0.3%
5 Yr Avg Return
0.6%
Net Assets
$11.5 B
Holdings in Top 10
34.5%
52 WEEK LOW AND HIGH
$9.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.38%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 147.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
$25
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ASBCX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.25%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameShort-Term Bond Fund of America
-
Fund Family NameAmerican Funds
-
Inception DateAug 19, 2008
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Queen
ASBCX - Performance
Return Ranking - Trailing
| Period | ASBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | 0.6% | 18.5% | 91.25% |
| 1 Yr | 4.9% | 3.2% | 25.1% | 98.67% |
| 3 Yr | 0.3%* | -5.6% | 4.8% | 86.27% |
| 5 Yr | 0.6%* | -3.9% | 5.5% | 94.90% |
| 10 Yr | 0.5%* | -18.9% | 170.4% | 97.73% |
* Annualized
Return Ranking - Calendar
| Period | ASBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.6% | -1.6% | 7.6% | 90.65% |
| 2022 | -5.2% | -17.7% | -2.6% | 13.01% |
| 2021 | -1.6% | -4.0% | 4.4% | 48.50% |
| 2020 | 1.3% | -7.1% | 7.6% | 72.04% |
| 2019 | 1.1% | -2.3% | 9.3% | 87.76% |
Total Return Ranking - Trailing
| Period | ASBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | 0.6% | 18.5% | 91.25% |
| 1 Yr | 4.9% | 3.2% | 25.1% | 98.67% |
| 3 Yr | 0.3%* | -5.6% | 4.8% | 86.27% |
| 5 Yr | 0.6%* | -3.9% | 5.5% | 94.90% |
| 10 Yr | 0.5%* | -18.9% | 170.4% | 97.73% |
* Annualized
Total Return Ranking - Calendar
| Period | ASBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.3% | 1.8% | 15.2% | 98.47% |
| 2022 | -4.5% | -17.3% | -1.3% | 39.42% |
| 2021 | -0.6% | -2.7% | 7.7% | 69.66% |
| 2020 | 2.9% | -2.4% | 14.5% | 87.96% |
| 2019 | 2.4% | 0.6% | 12.6% | 97.89% |
NAV & Total Return History
ASBCX - Holdings
Concentration Analysis
| ASBCX | Category Low | Category High | ASBCX % Rank | |
|---|---|---|---|---|
| Net Assets | 11.5 B | 14.5 K | 57.3 B | 10.65% |
| Number of Holdings | 1273 | 2 | 8314 | 14.83% |
| Net Assets in Top 10 | 4.07 B | 1.05 M | 6.81 B | 9.70% |
| Weighting of Top 10 | 34.54% | 1.9% | 112.6% | 26.62% |
Top 10 Holdings
- CAPITAL GROUP CENTRAL CASH FUND 13.13%
- UNITED STATES TREASURY NOTE 4.0% 01-15-27 3.70%
- UNITED STATES TREASURY NOTE 4.625% 06-30-25 3.35%
- UNITED STATES TREASURY NOTE 4.125% 09-30-27 2.61%
- UNITED STATES TREASURY NOTE 3.75% 08-15-27 2.40%
- UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 0.125% 04-15-25 2.25%
- UNITED STATES TREASURY NOTE 4.125% 06-15-26 2.14%
- UNITED STATES TREASURY NOTE 5.0% 08-31-25 1.84%
- UNITED STATES TREASURY NOTE 3.875% 01-15-26 1.77%
- UNITED STATES TREASURY NOTE 4.0% 01-31-29 1.35%
Asset Allocation
| Weighting | Return Low | Return High | ASBCX % Rank | |
|---|---|---|---|---|
| Bonds | 64.49% | 0.00% | 129.40% | 85.74% |
| Other | 24.42% | -0.97% | 71.57% | 15.21% |
| Cash | 13.13% | -20.59% | 71.38% | 6.08% |
| Convertible Bonds | 1.56% | 0.00% | 27.71% | 70.29% |
| Stocks | 0.00% | 0.00% | 99.96% | 80.04% |
| Preferred Stocks | 0.00% | 0.00% | 24.12% | 80.99% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ASBCX % Rank | |
|---|---|---|---|---|
| Government | 57.56% | 0.00% | 73.63% | 6.29% |
| Securitized | 20.39% | 0.00% | 97.27% | 69.33% |
| Cash & Equivalents | 13.13% | 0.00% | 71.38% | 5.70% |
| Corporate | 10.40% | 0.00% | 99.82% | 93.90% |
| Municipal | 0.25% | 0.00% | 14.41% | 25.52% |
| Derivative | 0.06% | -0.44% | 27.90% | 23.38% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ASBCX % Rank | |
|---|---|---|---|---|
| US | 64.49% | 0.00% | 126.86% | 84.41% |
| Non US | 0.00% | 0.00% | 82.20% | 80.23% |
ASBCX - Expenses
Operational Fees
| ASBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.38% | 0.01% | 3.29% | 12.40% |
| Management Fee | 0.25% | 0.00% | 1.19% | 31.94% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 95.57% |
| Administrative Fee | 0.05% | 0.01% | 0.41% | 40.85% |
Sales Fees
| ASBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 0.50% | 4.00% | 69.64% |
Trading Fees
| ASBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| ASBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 147.00% | 2.00% | 500.00% | 79.83% |
ASBCX - Distributions
Dividend Yield Analysis
| ASBCX | Category Low | Category High | ASBCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.43% | 0.00% | 11.11% | 87.64% |
Dividend Distribution Analysis
| ASBCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| ASBCX | Category Low | Category High | ASBCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.25% | -1.27% | 4.98% | 98.07% |
Capital Gain Distribution Analysis
| ASBCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 31, 2024 | $0.027 | OrdinaryDividend |
| Sep 30, 2024 | $0.026 | OrdinaryDividend |
| Aug 30, 2024 | $0.026 | OrdinaryDividend |
| Jul 31, 2024 | $0.027 | OrdinaryDividend |
| Apr 30, 2024 | $0.026 | OrdinaryDividend |
| Mar 28, 2024 | $0.025 | OrdinaryDividend |
| Feb 29, 2024 | $0.023 | OrdinaryDividend |
| Jan 31, 2024 | $0.024 | OrdinaryDividend |
| Dec 29, 2023 | $0.023 | OrdinaryDividend |
| Nov 30, 2023 | $0.023 | OrdinaryDividend |
| Oct 31, 2023 | $0.024 | OrdinaryDividend |
| Sep 29, 2023 | $0.022 | OrdinaryDividend |
| Aug 31, 2023 | $0.022 | OrdinaryDividend |
| Jul 31, 2023 | $0.021 | OrdinaryDividend |
| Jun 30, 2023 | $0.020 | OrdinaryDividend |
| May 31, 2023 | $0.019 | OrdinaryDividend |
| Apr 28, 2023 | $0.017 | OrdinaryDividend |
| Mar 31, 2023 | $0.019 | OrdinaryDividend |
| Feb 28, 2023 | $0.012 | OrdinaryDividend |
| Jan 31, 2023 | $0.011 | OrdinaryDividend |
| Dec 30, 2022 | $0.012 | OrdinaryDividend |
| Nov 30, 2022 | $0.010 | OrdinaryDividend |
| Oct 31, 2022 | $0.006 | OrdinaryDividend |
| Sep 30, 2022 | $0.004 | OrdinaryDividend |
| Aug 31, 2022 | $0.011 | OrdinaryDividend |
| Jul 29, 2022 | $0.008 | OrdinaryDividend |
| Jun 30, 2022 | $0.003 | OrdinaryDividend |
| May 31, 2022 | $0.008 | OrdinaryDividend |
| Apr 29, 2022 | $0.003 | OrdinaryDividend |
| Mar 31, 2022 | $0.002 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | OrdinaryDividend |
| Jan 31, 2022 | $0.001 | OrdinaryDividend |
| Dec 31, 2021 | $0.002 | OrdinaryDividend |
| Oct 29, 2021 | $0.000 | OrdinaryDividend |
| Sep 30, 2021 | $0.001 | OrdinaryDividend |
| Aug 31, 2021 | $0.001 | OrdinaryDividend |
| Jul 30, 2021 | $0.000 | OrdinaryDividend |
| Jun 30, 2021 | $0.000 | OrdinaryDividend |
| May 28, 2021 | $0.000 | OrdinaryDividend |
| Apr 30, 2021 | $0.001 | OrdinaryDividend |
| Mar 31, 2021 | $0.000 | OrdinaryDividend |
| Jan 29, 2021 | $0.000 | OrdinaryDividend |
| Dec 31, 2020 | $0.084 | CapitalGainShortTerm |
| Dec 31, 2020 | $0.013 | CapitalGainLongTerm |
| Nov 30, 2020 | $0.000 | OrdinaryDividend |
| Oct 30, 2020 | $0.001 | OrdinaryDividend |
| Sep 30, 2020 | $0.001 | OrdinaryDividend |
| Aug 31, 2020 | $0.001 | OrdinaryDividend |
| Jul 31, 2020 | $0.001 | OrdinaryDividend |
| Jun 30, 2020 | $0.002 | OrdinaryDividend |
| May 29, 2020 | $0.003 | OrdinaryDividend |
| Apr 30, 2020 | $0.015 | OrdinaryDividend |
| Mar 31, 2020 | $0.012 | OrdinaryDividend |
| Feb 28, 2020 | $0.006 | OrdinaryDividend |
| Jan 31, 2020 | $0.006 | OrdinaryDividend |
| Dec 31, 2019 | $0.008 | OrdinaryDividend |
| Dec 31, 2019 | $0.003 | CapitalGainLongTerm |
| Nov 29, 2019 | $0.007 | OrdinaryDividend |
| Oct 31, 2019 | $0.007 | OrdinaryDividend |
| Sep 30, 2019 | $0.008 | OrdinaryDividend |
| Aug 30, 2019 | $0.008 | OrdinaryDividend |
| Jul 31, 2019 | $0.009 | OrdinaryDividend |
| Jun 28, 2019 | $0.011 | OrdinaryDividend |
| Dec 30, 2016 | $0.003 | CapitalGainShortTerm |
| Dec 31, 2015 | $0.010 | CapitalGainShortTerm |
| Dec 31, 2015 | $0.009 | CapitalGainLongTerm |
| Jan 02, 2015 | $0.007 | CapitalGainShortTerm |
ASBCX - Fund Manager Analysis
Managers
John Queen
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
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.
Vincent Gonzales
Start Date
Tenure
Tenure Rank
Nov 01, 2016
5.58
5.6%
Vincent J. Gonzales is a fixed income portfolio manager at Capital Group. As a fixed income investment analyst, he covers commercial mortgage-backed securities and asset-backed securities. He has 12 years of investment experience and has been with Capital Group for seven years. Prior to joining Capital, he was an associate at Newstone Capital Partners. Before that, he was an investment banking analyst at Goldman Sachs & Co. He holds an MBA from Harvard Business School and a bachelor’s degree in management science & engineering from Stanford University. Vince is based in Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 28.77 | 6.19 | 2.41 |
