RAMEX

About RAMEX

American Funds Short-Term Bond Fund of America Class R-4 is an actively managed mutual fund focused on high-quality, short-duration fixed income. Its primary objective is to provide current income with limited interest rate sensitivity by investing predominantly in U.S. bonds with a conservative maturity profile. The portfolio emphasizes U.S. Treasuries, agency mortgage‑ and asset‑backed securities, and investment‑grade corporates, complemented by a smaller allocation to non‑U.S. bonds and cash equivalents. The fund typically maintains an effective duration around two years, reflecting its short-term orientation and risk control framework. Management employs a multi‑manager structure under Capital Group’s research-driven process, targeting diversified sector exposure and broad issuer coverage. Regular monthly distributions, a below‑average risk profile within the short‑term bond category, and disciplined liquidity management position the fund as a core short-duration fixed‑income holding for investors seeking stability and income. As of mid‑2025, it reported substantial assets and hundreds of holdings, underscoring its scale and diversification.