Detailed Fund Information
American Funds Money Market Fund® (money market fund)
Please note: American Funds no longer allows new investments in Class B and 529-B shares.
Updated March 7, 2014, 3:16PM Pacific time
|Net Asset Value (NAV)||$1.00|
|Maximum Offering Price (MOP)||$1.00|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||02630U 20 6|
|Fund Objective||The investment objective of the fund is to provide a way to earn income on your cash reserves while preserving capital and maintaining liquidity. The fund is a money market fund that seeks to preserve the value of your investment at $1.00 per share.|
|Minimum Initial Investment||$1,000|
|Shareholder Accounts (aggregated for all share classes; updated monthly)||695,586|
|Regular Dividends Paid||Monthly|
|Capital Gains Paid||—|
|Fund Inception||May 1, 2009|
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
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. Investment returns will vary. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. An investment in the money market fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Returns with sales charge for Class B shares reflect the deduction of a contingent deferred sales charge (up to 5%) on shares sold within the first six years of purchase.
Definitions and other important legal information about these prices and returns are shown below.
Rates of Return*
|Average Annual Total Returns|
|1 yr||3 yrs||5 yrs||10 yrs||Fund Lifetime|
|February 28, 2014 (most recent month-end)|
|December 31, 2013 (most recent quarter-end)|
|American Funds Money Market Fund||1.13%|
|Lipper U.S. Government Money Market Funds Average||0.13%|
Annualized 7-Day Yield
|As of January 31, 2014||0.00%|
For money market funds, the annualized 7-day SEC yield more accurately reflects the fund’s current earnings than does total return.
% of net assets as of December 31, 2013 (updated quarterly)
|Agency Notes & Bonds||0.3%|
|Commercial Paper & Cash||8.9%|
|Government Agency Securities||60.4%|
Access — Monthly portfolio holdings
(for fiscal years, in billions)
Assets shown are for combined share classes.
The value of fixed-income securities may be affected by changing interest rates and changes in credit ratings of the securities. Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.
Although the fund has 12b-1 plans for certain share classes, it is currently suspending certain 12b-1 payments in this low interest rate environment. Should payments commence, the fund's investment results will be lower.
* Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. See results without waivers and/or reimbursements. Read details about how waivers and/or reimbursements affect the results for each fund.
Source for Lipper expense ratio comparison: Lipper, based on back-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of December 31, 2013. The funds expense ratio is as of the funds prospectus. The expense ratios do not reflect sales charges.