John Queen - Short-term Bond Fund Manager
| ASBAX Fund | USD 9.41 0.01 0.11% |
John R. Queen is president at Capital Research and Management Company. Prior to that, Queen is a portfolio manager with Mercury Advisors, his employer since 1997. Prior to joining the firm, he was associated with The Capital Group.
| Phone | 800-421-4225 |
Short-term Bond Management Performance (%)
Similar Money Managers
| Found 10 records | One Year Return | ||
| James Lovelace | American Mutual Fund | N/A | |
| Timothy Armour | New Economy Fund | N/A | |
| Timothy Armour | New Economy Fund | N/A | |
| Dina Perry | Income Fund Of | N/A | |
| Jody Jonsson | American Funds Income | N/A | |
| James Lovelace | American Funds Income | N/A | |
| Timothy Armour | New Economy Fund | N/A | |
| Mark Denning | New World Fund | N/A | |
| James Lovelace | American Mutual Fund | N/A | |
| Timothy Armour | New Economy Fund | N/A | |
Short-term Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Short-term Bond a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Total Asset | 4.53 B | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.17 % | ||||
| One Year Return | 2.46 % | ||||
| Three Year Return | (0.20) % | ||||
| Five Year Return | 0.92 % | ||||
| Ten Year Return | 1.19 % | ||||
| Net Asset | 12.19 B | ||||
| Cash Position Weight | 11.47 % | ||||
| Bond Positions Weight | 9.04 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Short-term Bond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Short-term Bond's short interest history, or implied volatility extrapolated from Short-term Bond options trading.
Pair Trading with Short-term Bond
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Short-term Bond position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Short-term Bond will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Short-term Bond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Short-term Bond when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Short-term Bond - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Short Term Bond Fund to buy it.
The correlation of Short-term Bond is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Short-term Bond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Short Term Bond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Short-term Bond can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Short Term Bond Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Short Term Bond information on this page should be used as a complementary analysis to other Short-term Bond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.