American Funds U.S. Govt Securities Cl F-1 Shs (UGSFX) NASDAQ

Currency In USD

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American Funds U.S. Govt Securities Cl F-1 Shs

Address

333 S Hope St - 55th Fl (MICG)

Los Angeles, CA 90071

United States of America (the)

Phone

213-486-9200

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 15, 2001

Key Executives

N/A
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Description

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.

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