U.S. Government/AAA-Rated Securities Fund

C000176236 Fund Overview

U.S. Government/AAA-Rated Securities Fund is a US mutual fund managed by American Funds Insurance Series, categorised as Long Total / Aggregate Bond. 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 Insurance Series
• Category: Long Total / Aggregate Bond
• Assets under management: $1.87B
• 1-year return: 2.7%
• SEC CIK: 0000729528
• SEC series ID: S000008788
• Share class ID: C000176236

C000176236 Investment Objective and Strategy

U.S. Government/AAA-Rated Securities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Funds Insurance Series.

Investment objective

The funds investment objective is to provide a high level of current income consistent with prudent investment risk and preservation of capital.

Principal investment strategy

Normally at least 80% of the funds assets will be invested in securities that are guaranteed or sponsored by the U.S. government, its agencies and instrumentalities, including bonds and other debt securities denominated in U.S. dollars, which may be represented by derivatives. The fund may also invest in mortgage-backed securities issued by federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. The fund may invest in inflation-linked bonds issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Inflation-linked bonds are structured to protect against inflation by linking the bonds principal and interest payments to an inflation index, such as the Consumer Price Index for Urban Consumers, so that principal and interest adjust to reflect changes in the index.

The fund may invest in futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. 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 invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

C000176236 Holdings

Top 10 holdings of U.S. Government/AAA-Rated Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000176236 holdings

C000176236 Portfolio Allocation

Asset-class allocation of U.S. Government/AAA-Rated Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000176236 Performance

Total returns for C000176236 (as of 2026-10-01), from SEC filings.

C000176236 Risk Information

Risk metrics for C000176236, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.1%

C000176236 Costs and Fees

C000176236 costs about $50 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.50%
• Gross expense ratio: 0.59%
• Portfolio turnover: 253%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000176236 Cashflows

Over the 12 months to 2026-06, U.S. Government/AAA-Rated Securities Fund had net inflows of $90.34M, from monthly SEC N-PORT filings.

C000176236 Debt Constituents

Largest debt holdings of U.S. Government/AAA-Rated Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000176236 Prospectus and SEC Filings

Official U.S. Government/AAA-Rated Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-30
• Prospectus (485BPOS) — filed 2025-04-30
• Prospectus (485BPOS) — filed 2024-04-30
• Portfolio holdings (N-PORT) — filed 2026-08-27
• Portfolio holdings (N-PORT) — filed 2026-05-28
• Portfolio holdings (N-PORT) — filed 2026-02-26
• Annual census (N-CEN) — filed 2026-03-16
• Annual census (N-CEN) — filed 2025-03-17

Related Funds

Other Long Total / Aggregate Bond funds tracked on ABC INVEST:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

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.