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ISIN
US0263001036
CUSIP
026300103
Inception Date
Oct 16, 1985
Min. Investment
$250
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

AMUSX Performance Chart

American Funds U.S. Government Securities Fund (AMUSX) is down 0.6% since the beginning of the year. AMUSX is currently trading at $12 per share. Investors who bought $1,000 worth of AMUSX shares 5 years ago would now be looking at an investment worth $986.


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S&P 500 Index

Returns By Period

American Funds U.S. Government Securities Fund (AMUSX) has returned -0.60% so far this year and 3.42% over the past 12 months. Over the last ten years, AMUSX has returned 1.11% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


American Funds U.S. Government Securities Fund

1D
0.08%
1M
0.70%
YTD
-0.60%
6M
-0.19%
1Y
3.42%
3Y*
3.20%
5Y*
-0.28%
10Y*
1.11%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMUSX Monthly Returns History

Based on dividend-adjusted daily data since Oct 31, 1985, AMUSX's average daily return is +0.01%, while the average monthly return is +0.30%. At this rate, an investment would double in approximately 19.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +4.2%, while the worst month was Sep 2022 at -4.8%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AMUSX closed higher 46% of trading days. The best single day was Oct 22, 1987 with a return of +4.9%, while the worst single day was Oct 21, 1987 at -3.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.05%1.46%-1.79%0.00%0.03%-0.34%-0.60%
20250.60%2.28%0.36%1.10%-1.23%1.52%-0.58%1.59%0.65%0.50%0.65%-0.07%7.55%
2024-0.07%-1.74%0.62%-2.58%1.66%1.02%2.40%1.50%1.32%-2.83%0.75%-1.24%0.63%
20232.35%-2.45%2.90%0.28%-1.47%-1.30%-0.28%-0.51%-2.38%-1.45%4.22%3.13%2.79%
2022-1.32%-0.01%-2.46%-2.87%0.36%-1.37%2.09%-2.83%-4.77%-1.17%3.10%-0.64%-11.50%
2021-0.52%-1.23%-1.08%0.65%0.22%0.45%1.07%-0.13%-0.41%-0.03%0.47%-0.28%-0.84%

Benchmark Metrics

American Funds U.S. Government Securities Fund has an annualized alpha of 3.93%, beta of -0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since October 31, 1985.

  • This fund captured 9.36% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -5.67%) - a profile typical of hedging or uncorrelated assets.
  • Beta of -0.02 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
3.93%
Beta
-0.02
0.01
Upside Capture
9.36%
Downside Capture
-5.67%

Expense Ratio

AMUSX has an expense ratio of 0.61%, placing it in the medium range.


Return for Risk

Risk / Return Rank

AMUSX ranks 12 for risk / return — in the bottom 12% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


AMUSX Risk / Return Rank: 1212
Overall Rank
AMUSX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
AMUSX Sortino Ratio Rank: 1313
Sortino Ratio Rank
AMUSX Omega Ratio Rank: 1212
Omega Ratio Rank
AMUSX Calmar Ratio Rank: 1212
Calmar Ratio Rank
AMUSX Martin Ratio Rank: 1212
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for American Funds U.S. Government Securities Fund (AMUSX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AMUSXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.12

Sortino ratioReturn per unit of downside risk

-1.38

Omega ratioGain probability vs. loss probability

1.16

1.37

-0.20

Calmar ratioReturn relative to maximum drawdown

1.08

2.78

-1.71

Martin ratioReturn relative to average drawdown

3.12

12.44

-9.32

Dividends

Dividend History

American Funds U.S. Government Securities Fund provided a 4.01% dividend yield over the last twelve months, with an annual payout of $0.48 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.48$0.48$0.49$0.42$0.25$0.15$0.71$0.39$0.23$0.18$0.31$0.39

Dividend yield

4.01%3.97%4.19%3.44%2.01%1.05%4.92%2.79%1.72%1.32%2.30%2.84%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds U.S. Government Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.04$0.04$0.04$0.04$0.04$0.00$0.20
2025$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.48
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.49
2023$0.02$0.01$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.42
2022$0.01$0.01$0.03$0.03$0.05$0.00$0.00$0.06$0.00$0.01$0.02$0.03$0.25
2021$0.00$0.00$0.01$0.01$0.01$0.01$0.02$0.02$0.01$0.01$0.01$0.03$0.15

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the American Funds U.S. Government Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds U.S. Government Securities Fund was 17.48%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current American Funds U.S. Government Securities Fund drawdown is 3.48%.


Related event

Drawdown

Fall

Recovery

Underwater

2023 correction2023
-17.48%Oct 2023
3y 2mo
5y 10moAug 2020 - now
Black Monday1987
-14.60%Oct 1987
8mo 28d3y 3mo
4y 17dJan 1987 - Feb 1991
1994 pullback1994
-8.12%May 1994
6mo 23d12mo 1d
1y 6moOct 1993 - May 1995
1996 pullback1996
-4.52%Jun 1996
3mo 29d3mo 24d
7mo 23dFeb 1996 - Oct 1996
2013 pullback2013
-4.50%Sep 2013
11mo 6d8mo 25d
1y 7moOct 2012 - May 2014

Drawdown Indicators


AMUSXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-17.48%

-56.78%

+39.30%

Max Drawdown (1Y)

Largest decline over 1 year

-3.35%

-9.10%

+5.75%

Max Drawdown (3Y)

Largest decline over 3 years

-6.43%

-18.90%

+12.47%

Max Drawdown (5Y)

Largest decline over 5 years

-16.84%

-25.43%

+8.59%

Max Drawdown (10Y)

Largest decline over 10 years

-17.48%

-33.92%

+16.44%

Current Drawdown

Current decline from peak

-3.48%

-1.80%

-1.68%

Average Drawdown

Average peak-to-trough decline

-2.75%

-10.71%

+7.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.15%

2.03%

-0.88%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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