1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#74 in Short-Term Bond
U.S. News evaluated 122 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -0.04 percent over the past year, 0.64 percent over the past three years, and 1.39 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.4%|
|3 Years (Annualized)||0.6%|
|5 Years (Annualized)||1.4%|
|10 Years (Annualized)||N/A|
The investment seeks current income, consistent with the maturity and quality standards described in the prospectus, and preservation of capital. The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio having a dollar-weighted average maturity no greater than three years and consisting primarily of debt securities rated AA- or Aa3 or better. The fund primarily invests in short-term debt securities denominated in U.S. dollars. It may invest up to 10% of its assets in debt securities in the A rating category.
Fees are Low compared to funds in the same category.
American Funds Short Term Bond Fund of America has an expense ratio of 0.60 percent.
Risk is Low compared to funds in the same category according to Morningstar.