Investment Fund

Share Class
Purchase Restrictions: Class R-5E shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
Seeks capital preservation and income. Offers exposure to a mix of fixed-income securities focused on preservation of principal and seeks to provide investors a source of some current income.
Price at NAV $9.28 as of 4/16/2024 (updated daily)
Fund Assets (millions) $1,948.3
Portfolio Solutions Committee Members
7
Expense Ratio
(Gross/Net %)
0.44 / 0.44%

Underlying Funds

Asset Mix

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds87.9%
Non-U.S. Bonds6.0%
Cash & Equivalents
6.1%
As of 3/31/2024 (updated monthly)

Fund Statistics

2.5 years
Effective Duration
5.1%
Average Yield
to Worst
4.1%
Average Coupon
% of net assets as of 3/31/2024 (updated monthly)

Growth of 10K

High & Low Prices

Internal Prompt

Returns at NAV

Returns with Sales Charge

Description

Fund Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds seek current income, consistent with the preservation of capital, through bond investments.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 2/29/2024
$1,948.3
Companies/Issuers
Holdings are as of 3/31/2024 (updated monthly).
1047+
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
200
Regular Dividends Paid
Monthly
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2023) 9%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02630G 10 8
Fund Number 2745

Returns

Internal Prompt

Month-End Returns as of 3/31/24

Quarter-End Returns as of 3/31/24

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class R-5E Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RGMFX
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.76% 4.18%
Fund at MOP N/A N/A
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund -- -- --
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
-- -- --
Fund as of 12/31/23. Index as of --.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 12 33 38
Michelle J. Black 4 22 29
Brittain Ezzes 1 2 26
Samir Mathur 4 11 31
Wesley K. Phoa 12 25 30
John R. Queen 4 22 34
Andrew B. Suzman 12 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(534)
3-yr. Morningstar RatingTM
(534 funds rated)
5-yr. Morningstar RatingTM
(494 funds rated)
10-yr. Morningstar RatingTM
(359 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category Short-Term Bond
Ratings are based on risk-adjusted returns as of 3/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
2.29
Sharpe Ratio
-0.03
For the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Bloomberg US Agg Bond TR USD
R-squared 94 84
Beta 1.06 0.44
Capture Ratio (Downside/Upside) 107/108 35/47
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
U.S. Treasuries/Agencies
27.2%
AAA/Aaa
45.5%
AA/Aa
5.5%
A
10.0%
BBB/Baa
3.3%
Unrated
2.4%
Cash & equivalents
6.1%
% of net assets as of 3/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
72.1%
5-9.9 Years
20.0%
10-19.9 Years
1.7%
20-29.9 Years
0.1%
30+ Years
--
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
U.S. Treasury bonds & notes 27.1%
Asset-backed obligations 17.1%
Non-U.S. government/agency securities 2.9%

% of net assets as of 3/31/2024 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 04/16/24

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
01/26/24 01/26/24 01/29/24 $0.0199 $0.00 $0.00 $0.00 $9.41
02/26/24 02/26/24 02/27/24 $0.0301 $0.00 $0.00 $0.00 $9.33
03/25/24 03/25/24 03/26/24 $0.0301 $0.00 $0.00 $0.00 $9.37
2024 Year-to-Date: Dividends Subtotal: $0.0801 Cap Gains Subtotal: $0.00
Total Distributions: $0.0801

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.17%
Acquired (Underlying) Fund Fees and Expenses 0.27%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RGMFX 0.44%
Lipper Short-Intmdt Investment Grade Debt Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for RGMFX