Intro Guide To The American Funds US Government Securities A Fund (AMUSX)

American Funds US Government Securities A (AMUSX) a Zacks Ranked #1 (Strong Buy) was incepted in October 1985 and is managed by Capital Research and Management Company. The objective of AMUSX is to seek high level of current income and preservation of capital. AMUSX invests at least 65% of net assets in direct obligations of the U.S. treasury, GNMA mortgage-backed securities, securities issued by U.S. government agencies or instrumentalities but not backed by the full faith and credit of the U.S. government and short-term debt securities of private issuers. AMUSX offers dividends monthly. The fund distributes capital gains, if any, in December.

The American Funds US Government Securities A, managed by American Funds , carries an expense ratio of 0.66. Moreover, AMUSX requires a minimal initial investment of $250.

AMUSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.66%, 3 year 0.88% and 5 year 2.44%. To see how this fund performed compared in its category, please click here.

AMUSX’s performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 28% over the past 3 years, and in the 39% over the past 5 years.