Investment Fund

Share Class

Summary

Internal Prompt
Price at NAV $1.00 as of 4/01/2025 (updated daily)
Fund Assets (millions) $34,514.9
Portfolio Managers
1
 N/A
Expense Ratio
(Gross/Net %)
2
 0.54 / 0.48%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Read important investment disclosures
N/A
1-year return
N/A
5-year return
N/A
10-year return
3.83%
Annualized 7-Day SEC Yield
Returns as of 2/28/25 (updated monthly). Yield as of 2/28/25 (updated monthly).

Asset Mix

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds4.6%
Non-U.S. Bonds0.0%
Cash & Equivalents
3
95.4%
As of 2/28/2025 (updated monthly)

Description

Fund Objective
The investment objective of the fund is to provide you with a way to earn income on your cash reserves while preserving capital and maintaining liquidity. The fund is a government money market fund that seeks to preserve the value of your investment at $1.00 per share.

Fund Statistics

33 days
Weighted Average Maturity
64 days
Weighted Average Life

As of 2/28/2025 (updated monthly)

Liquidity, Net Flows & Pricing

As of Date Daily Liquid Assets (%) Weekly Liquid Assets (%) Net Flows ($) Market Value NAV ($)
3/31/25 73.54 89.15 163,025,196.12 1.0000
3/28/25 74.16 88.27 4,807,124.28 1.0002
3/27/25 74.42 88.50 12,789,276.43 1.0000
3/26/25 74.11 88.12 -5,811,008.64 1.0000
3/25/25 74.46 88.14 -21,500,906.21 1.0000
3/24/25 72.75 86.25 -3,839,451.58 1.0000

VIEW HISTORY

Fund Facts

Fund Inception 5/01/2009
Fund Assets (millions)
As of 2/28/2025
 $34,514.9
Shareholder Accounts
Shareholder accounts are as of 2/28/2025
 514
Regular Dividends Paid
4
 Monthly
Minimum Initial Investment $1,000
Capital Gains Paid
4
 Dec
Fiscal Year-End Sep
Prospectus Date 12/01/2024
CUSIP 02630U 72 7
Fund Number 48059

Returns

Internal Prompt

Month-End Returns as of 2/28/25

Returns at NAV
5,6
 | With Sales Charge
5,6
Read important investment disclosures
AAZXX
USTREAS T-Bill Auction Ave 3 Mon

Quarter-End Returns as of 12/31/24

Growth of 10K
6

Read important investment disclosures

High & Low Prices

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Yield Read important investment disclosures

7-Day SEC Yield
as of 4/1/2025 (updated daily) 		7-Day SEC Yield
as of 2/28/2025 (updated monthly)
Fund at NAV 3.87% 3.83%
Fund at MOP N/A N/A

Holdings

Money Market Breakdown

Sectors

 U.S. Treasuries 55.8%
Government Agency Securities 25.0%
Repurchase Agreements 10.7%
Agency Notes & Bonds 8.5%

% of net assets as of 12/31/2024 (updated monthly)

Top Securities
7

U.S. Treasury 0% 1/28/2025
4.4%
U.S. Treasury 0% 1/21/2025
3.6%
U.S. Treasury 0% 2/13/2025
3.5%
U.S. Treasury 0% 1/16/2025
3.0%
U.S. Treasury 0% 2/25/2025
2.8%
U.S. Treasury 0% 1/9/2025
2.6%
U.S. Treasury 0% 2/11/2025
2.5%
U.S. Treasury 0% 1/14/2025
2.4%
SOCIETE GENERALE (NEW YORK BRANCH) 4.45% 01-02 ...
2.3%
U.S. Treasury 0% 2/20/2025
2.3%

% of net assets as of 12/31/2024 (updated monthly)

QUARTERLY HOLDINGS

MONTHLY HOLDINGS

Prices & Distributions

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Historical Prices Month-End

2025

Historical Prices Year-End

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Historical Distributions as of 04/01/25

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
Daily 01/31/25 02/03/25 $0.0033708 $0.00 $0.00 $0.00 $1.00
Daily 02/28/25 03/03/25 $0.0029842 $0.00 $0.00 $0.00 $1.00
Daily 03/31/25 04/01/25 $0.003282 $0.00 $0.00 $0.00 $1.00
2025 Year-to-Date: Dividends Subtotal: $0.00963701 Cap Gains Subtotal: $0.00
Total Distributions: $0.00963701

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.27%
Other Expenses 0.15%
Service 12b-1 0.12%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
2

Gross Net
AAZXX 0.54% 0.48%
Lipper U.S. Government Money Market Funds Average
8
 --%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely. View mutual fund expense ratios and returns. View current mutual fund SEC yields.
Returns will vary, so investors may lose money. (American Funds U.S. Government Money Market Fund)
Returns at net asset value (NAV) do not reflect a sales charge. If a sales charge had been deducted, the results would have been lower.
You could lose money by investing in American Funds® U.S. Government Money Market Fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.
For money market funds, the annualized 7-day SEC yield more accurately reflects the fund's current earnings than does the fund's return.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. Similar information is contained in the ABLEAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. ABLEAmerica is distributed by Capital Client Group, Inc., and sold through unaffiliated intermediaries.
Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits not available through ABLEAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. ABLEAmerica is a nationwide plan sponsored by Commonwealth Savers. 
The value of fixed income securities may be affected by changing interest rates and changes in credit ratings of the securities.
Visit the SEC website for the American Funds® U.S. Government Money Market Fund's most recent filings.
American Funds U.S. Government Money Market Fund may suspend 12b-1 payments under agreements between its principal underwriter and intermediaries and other entities that sell fund shares. To the extent such payments have been suspended for a certain share class, should payments subsequently commence, the fund's investment results would be lower and expenses would be higher for that share class. Please refer to the prospectus for additional information.
There have been periods when the results lagged the index(es) and/or average(s). The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Portfolios are managed, so holdings will change. Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.
Totals may not reconcile due to rounding.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower and net expenses higher. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement.
For the American Funds U.S. Government Money Market Fund share class(es) listed below, Commonwealth Savers, as program administrator of ABLEAmerica, has agreed to waive the fee owed to it as compensation for its oversight and administration of ABLEAmerica through the date(s) listed below, without which results would have been lower and net expenses higher.
  • Class ABLE-A shares (expiration: 12/1/2025)
Subject to the terms of its contractual arrangement with the investment adviser, Commonwealth Savers may elect at its discretion to extend, modify or terminate the waiver as of any noted expiration date. Please refer to the fund's most recent prospectus for details.
  1. Reflects current team at the time of publication. Years of experience in investment industry and Capital Group are as of the most recent year end. Years of experience on the fund are as of the most recent prospectus.
  1. Expense ratios are as of each fund's prospectus/characteristics statement available at the time of publication.
  1. Includes short-term securities, other assets less liabilities, and may include accrued income.
  1. The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
  1. YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
  1. When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
  1. The information shown does not include cash and cash equivalents. This includes shares of money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
  1. Comparable industry expense information is not available for the fund.
Use of this website is intended for U.S. residents only.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
© 2025 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.