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American Funds ST Bd Fd of Amer R2 (RAMBX)

9.23 -0.01 (-0.11%)
At close: 8:05 AM EDT

Fund Summary

The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity no greater than three years and consisting primarily of debt securities rated AA- or Aa3 or better. The fund primarily invests in debt securities denominated in U.S. dollars. It may invest up to 10% of its assets in debt securities in the A rating category.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 3.23%
Worst 1Y Total Return --
Number of Years Up 12
Number of Years Down 5

Performance & Risk

YTD Return -0.06%
5y Average Return 0.18%
Rank in Category (ytd) 91
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.24
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
RAMBXCategory AverageRAMBXCategory AverageRAMBXCategory Average
Alpha -2.47 0.01 -1.49 0.01 -1.32 0
BETA 0.24 0 0.24 0 0.24 0
Mean Annual Return -0.06 0 0.02 0 0.02 0
R-squared 69.32 0.32 64.31 0.35 65.03 0.35
Standard Deviation 2.18 0.03 1.84 0.02 1.43 0.02
Sharpe Ratio -1.82 0.01 -1.04 0.01 -0.9 0.01
Treynor Ratio -15.89 0.06 -8.03 0.04 -5.43 0.06

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