Detailed Fund Information
American Funds Money Market Fund® (money market fund)
Updated July 11, 2014, 3:15PM Pacific time
|Net Asset Value (NAV)||$1.00|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||02630U 50 3|
|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)||677,747|
|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.
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|
|June 30, 2014 (most recent month-end)|
|June 30, 2014 (most recent quarter-end)|
|American Funds Money Market Fund||0.41%|
|Lipper Institutional U.S. Government Money Market Funds Average||0.13%|
Annualized 7-Day Yield
|As of June 30, 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 March 31, 2014 (updated quarterly)
|Commercial Paper & Cash||10.7%|
|Government Agency Securities||56.6%|
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.
* 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 institutional load funds, excluding funds of funds, for the most recent fiscal year-ends available as of March 31, 2014. Expenses are as of the funds prospectus. The expense ratios do not reflect sales charges or fees charged by financial intermediaries.