AAZXX — American Funds U.S. Government Money Market Fund
Data updated: 2025-12-15
AAZXX — American Funds U.S. Government Money Market Fund. Money Market · 0.46% expense ratio. Holdings, fees, performance and SEC filings.
AAZXX Fund Overview
AAZXX — American Funds U.S. Government Money Market Fund is a US mutual fund managed by American Funds U.S. Government Money Market Fund, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Funds U.S. Government Money Market Fund
- Category: Money Market
- Ticker: AAZXX
- SEC CIK: 0001454975
- SEC series ID: S000025394
- Share class ID: C000202065
AAZXX Investment Objective and Strategy
American Funds U.S. Government Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Funds U.S. Government Money Market Fund.
Investment objective
The investment objective of the fund is to provide you with a way to earn income on your cash reserves while preserving capital and maintaining liquidity. The fund is a government money market fund that seeks to preserve the value of your investment at $1.00 per share.
Principal investment strategy
The fund will invest at least 99.5% of its total assets in cash, U.S. Treasury securities and other government securities guaranteed or issued by an agency or instrumentality of the U.S. government, and repurchase agreements that are fully collateralized by cash or government securities. Additionally, at least 80% of the funds assets will normally be invested in securities that are issued or guaranteed by the U.S. government, its agencies and instrumentalities, and repurchase agreements that are fully collateralized by government securities. Repurchase agreements are agreements under which the fund purchases a security from a bank or broker-dealer and obtains a simultaneous commitment from the seller to repurchase the security at a specified time and price. Because the security purchased by the fund constitutes collateral for the sellers repurchase obligation, a repurchase agreement is effectively a loan by the fund that is collateralized by the security purchased.
The fund will only enter into repurchase agreements involving securities of the type (excluding any maturity limitations) in which it could otherwise invest. In practice, the fund expects to enter only into repurchase agreements that are fully collateralized by cash or U.S. government securities. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to provide current income while preserving capital and maintaining liquidity. The investment adviser believes that an important way to accomplish this is by analyzing various factors, including the credit strength of the issuer, prices of similar securities issued by comparable issuers, current and anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated.
AAZXX Holdings
Top 10 holdings of American Funds U.S. Government Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 3.87% |
| United States Treasury | 3.17% |
| United States Treasury | 2.94% |
| United States Treasury | 2.52% |
| United States Treasury | 2.42% |
| Federal Home Loan Banks | 2.23% |
| Federal Home Loan Banks | 2.21% |
| Federal Home Loan Banks | 2.20% |
| Federal Home Loan Banks | 2.07% |
| Rbc Dominion Securities, Inc. | 2.02% |
AAZXX Costs and Fees
AAZXX costs about $46 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.46%
- Gross expense ratio: 0.51%
AAZXX Debt Constituents
No individual debt constituents are reported in American Funds U.S. Government Money Market Fund's latest SEC N-PORT filing.
AAZXX Prospectus and SEC Filings
Official American Funds U.S. Government Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.