American Funds U.S. Govt Securities Cl F-1 Shs (UGSFX)
American Funds U.S. Govt Securities Cl F-1 Shs operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $11.72, up 0.00% on the session, giving a market capitalisation of $24.21B. Its beta of 0.98 implies it has historically moved less than the broad market.
This fund primarily dedicates at least 80% of its total holdings to debt instruments that receive backing or sponsorship from the U.S. government, its associated agencies, or various instrumentalities. These investments include dollar-denominated fixed-income assets like bonds, and their exposure can also be achieved through derivative contracts. Furthermore, the fund is permitted to acquire mortgage-backed securities (MBS) issued by federal bodies, though it's important to note that these particular MBS may not carry the explicit full faith and credit guarantee of the U.S. government.
American Funds U.S. Govt Securities Cl F-1 Shs is most often compared with the following Financial Services names: