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U.S. Government Securities Fund (Prospectus Summary) | U.S. Government Securities Fund
U.S. Government Securities Fund(SM)
Investment objective
The fund's investment objective is to provide a high level of current income

consistent with prudent investment risk and preservation of capital.
Fees and expenses of the fund
This table describes the fees and expenses that you may pay if you buy and hold

shares of the fund. You may qualify for sales charge discounts if you and your

family invest, or agree to invest in the future, at least $100,000 in American

Funds. More information about these and other discounts is available from your

financial professional and in the "Sales charge reductions and waivers" section

on page 26 of the prospectus and on page 57 of the fund's statement of

additional information.
Shareholder fees (fees paid directly from your investment)
Shareholder Fees U.S. Government Securities Fund (USD $)
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)3.75% none none none none 3.75% none none none none none none none none none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed)1.00%[1]5.00%1.00% none none 1.00%[1]5.00%1.00% none none none none none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none none none none none none none none none none
Redemption or exchange fees none none none none none none none none none none none none none none none none
Maximum annual account fee (529 share classes only)     1010101010      
[1]A contingent deferred sales charge of 1.00% applies on certain redemptions made within one year following purchases of $1 million or more made without an initial sales charge.
Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses U.S. Government Securities Fund
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Management fees0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%
Distribution and/or service (12b-1) fees0.24%1.00%1.00%0.25% none 0.22%1.00%0.99%0.49% none 1.00%0.75%0.50%0.25% none none
Other expenses0.14%0.14%0.19%0.15%0.15%0.24%0.25%0.26%0.25%0.25%0.18%0.43%0.25%0.16%0.11%0.06%
Total annual fund operating expenses0.61%1.37%1.42%0.63%0.38%0.69%1.48%1.48%0.97%0.48%1.41%1.41%0.98%0.64%0.34%0.29%
Example
This example is intended to help you compare the cost of investing in

the fund with the cost of investing in other mutual funds.



The example assumes that you invest $10,000 in the fund for the time periods

indicated and then redeem all of your shares at the end of those periods. The

example also assumes that your investment has a 5% return each year and that the

fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example U.S. Government Securities Fund (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Class A
4355637031,109
Class B
6398349501,438
Class C
2454497761,702
Class F-1
64202351786
Class F-2
39122213480
Class 529-A
4636278031,307
Class 529-B
6709071,0651,656
Class 529-C
2705078651,868
Class 529-E
1193485941,293
Class 529-F-1
69194328710
Class R-1
1444467711,691
Class R-2
1444467711,691
Class R-3
1003125421,201
Class R-4
65205357798
Class R-5
35109191431
Class R-6
3093163368
For the share classes listed below, you would pay the following if you did not redeem your shares:
Expense Example, No Redemption U.S. Government Securities Fund (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class B
1394347501,438
Class C
1454497761,702
Class 529-B
1705078651,656
Class 529-C
1705078651,868
Portfolio turnover
The fund pays transaction costs, such as commissions, when it buys and sells

securities (or "turns over" its portfolio). A higher portfolio turnover rate

may indicate higher transaction costs and may result in higher taxes when fund

shares are held in a taxable account. These costs, which are not reflected in

annual fund operating expenses or in the example, affect the fund's investment

results. During the most recent fiscal year, the fund's portfolio turnover rate

was 212% of the average value of its portfolio.
Principal investment strategies
Normally, the fund's assets will be invested primarily in securities that are

guaranteed or sponsored by the U.S. government, including bonds and other debt

securities. 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 invests in debt securities with a wide

range of maturities.



The investment adviser uses a system of multiple portfolio counselors in

managing the fund's assets. Under this approach, the portfolio of the fund is

divided into segments managed by individual counselors who decide how their

respective segments will be invested.



The fund relies on the professional judgment of its investment adviser to make

decisions about the fund's portfolio investments. The basic investment

philosophy of the investment adviser is to seek to invest in attractively valued

securities that, in its opinion, represent good, long-term investment

opportunities. The investment adviser believes that an important way to

accomplish this is by analyzing various factors, which may include the credit

strength of the issuer, prices of similar securities issued by comparable

issuers, anticipated changes in interest rates, general market conditions and

other factors pertinent to the particular security being evaluated. Securities

may be sold when the investment adviser believes that they no longer represent

relatively attractive investment opportunities.
Principal risks
This section describes the principal risks associated with the fund's principal

investment strategies. You may lose money by investing in the fund. The

likelihood of loss may be greater if you invest for a shorter period of time.



Market conditions - The prices of, and the income generated by, the securities

held by the fund may decline due to market conditions and other factors,

including those directly involving the issuers of securities held by the fund.



Investing in bonds - Rising interest rates will generally cause the prices of

bonds and other debt securities to fall. Longer maturity debt securities may be

subject to greater price fluctuations than shorter maturity debt securities.



Investing in securities backed by the U.S. government - Securities backed by the

U.S. Treasury or the full faith and credit of the U.S. government are guaranteed

only as to the timely payment of interest and principal when held to maturity.

Accordingly, the current market values for these securities will fluctuate with

changes in interest rates. Securities issued by government-sponsored entities

and federal agencies and instrumentalities that are not backed by the full faith

and credit of the U.S. government are neither issued nor guaranteed by the U.S.

government.



Investing in mortgage-related securities - Mortgage-related securities are

subject to prepayment risk, as well as the risks associated with investing in

debt securities in general. If interest rates fall and the loans underlying

these securities are prepaid faster than expected, the fund may have to reinvest

the prepaid principal in lower yielding securities, thus reducing the fund's

income. Conversely, if interest rates increase and the loans underlying the

securities are prepaid more slowly than expected, the expected duration of the

securities may be extended. This reduces the potential for the fund to invest

the principal in higher yielding securities.



Management - The investment adviser to the fund actively manages the fund's

investments. Consequently, the fund is subject to the risk that the methods and

analyses employed by the investment adviser in this process may not produce the

desired results. This could cause the fund to lose value or its investment

results to lag relevant benchmarks or other funds with similar objectives.



It is important to note that neither your investment in the fund nor the fund's

yield is guaranteed by the U.S. government.



Your investment in the fund is not a bank deposit and is not insured or

guaranteed by the Federal Deposit Insurance Corporation or any other

governmental agency, entity or person. You should consider how this fund fits

into your overall investment program.
Investment results
The following bar chart shows how the fund's investment results have varied from

year to year, and the following table shows how the fund's average annual total

returns for various periods compare with different broad measures of market

results. This information provides some indication of the risks of investing in

the fund. The fund has selected the Barclays Capital U.S.

Government/Mortgage-Backed Securities Index to replace the Citigroup

Treasury/Government Sponsored/Mortgage Index as its broad-based securiites

market index. The fund's investment adviser believes that the Barclays Capital

U.S. Government/Mortgage-Backed Securities Index better reflects the market

sectors and securities in which the fund primarily invests than the Citigroup

Treasury/Government Sponsored/Mortgage Index. Lipper General U.S. Government

Funds Average includes the fund and other funds that disclose investment

objectives and/or strategies reasonably comparable to the fund's objective. The

Consumer Price Index provides a comparison of the fund's results to inflation.

Past investment results (before and after taxes) are not predictive of future

investment results. Updated information on the fund's investment results can be

obtained by visiting americanfunds.com.
The following bar chart shows how the fund's investment results have varied from

year to year, and the following table shows how the fund's average annual total

returns for various periods compare with different broad measures of market

results.
Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart
Highest/Lowest quarterly results during this period were:



Highest   5.34% (quarter ended December 31, 2008)



Lowest  -2.00% (quarter ended June 30, 2004)



The fund’s total return for the nine months ended September 30, 2011,

was 6.98%.
After-tax returns are shown only for Class A shares; after-tax returns for other

share classes will vary. After-tax returns are calculated using the highest

individual federal income tax rates in effect during each year of the periods

shown and do not reflect the impact of state and local taxes. Your actual

after-tax returns depend on your individual tax situation and likely will differ

from the results shown above. In addition, after-tax returns are not relevant if

you hold your fund shares through a tax-deferred arrangement, such as a 401(k)

plan, individual retirement account (IRA) or 529 college savings plan.
Average annual total returns For the periods ended December 31, 2010 (with maximum sales charge):
Average Annual Total Returns U.S. Government Securities Fund
Average Annual Returns, Label
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, 10 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Class A
Share class A - Before taxes1.76%4.25%4.36%6.35%Oct. 17, 1985
Class A After Taxes on Distributions
Share class A - After taxes on distributions0.07%2.78%2.90% Oct. 17, 1985
Class A After Taxes on Distributions and Sales
Share class A - After taxes on distributions and sale of fund shares 1.50%2.79%2.86% Oct. 17, 1985
Class B
Share class B (before taxes)(0.08%)3.96%4.17%4.81%Mar. 15, 2000
Class C
Share class C (before taxes)3.85%4.25% 3.78%Mar. 15, 2001
Class F-1
Share class F-1 (before taxes)5.66%5.09% 4.59%Mar. 15, 2001
Class F-2
Share class F-2 (before taxes)5.94%  6.19%Aug. 07, 2008
Class 529-A
Share class 529-A (before taxes)1.69%4.20% 4.00%Feb. 20, 2002
Class 529-B
Share class 529-B (before taxes)(0.20%)3.83% 3.66%Feb. 20, 2002
Class 529-C
Share class 529-C (before taxes)3.78%4.18% 3.59%Feb. 19, 2002
Class 529-E
Share class 529-E (before taxes)5.32%4.71% 4.26%Mar. 07, 2002
Class 529-F-1
Share class 529-F-1 (before taxes)5.84%5.23% 4.16%Oct. 11, 2002
Class R-1
Share class R-1 (before taxes)4.84%4.23% 3.65%Jun. 13, 2002
Class R-2
Share class R-2 (before taxes)4.85%4.27% 3.72%May 31, 2002
Class R-3
Share class R-3 (before taxes)5.29%4.70% 4.14%Jun. 06, 2002
Class R-4
Share class R-4 (before taxes)5.65%5.06% 4.53%May 28, 2002
Class R-5
Share class R-5 (before taxes)5.97%5.38% 4.91%May 15, 2002
Class R-6
Share class R-6 (before taxes)6.02%  4.71%May 01, 2009
Barclays Capital U.S. Government/Mortgage-Backed Securities Index
Barclays Capital U.S. Government/Mortgage-Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or taxes) 5.41%5.88%5.64%7.52%Oct. 17, 1985
Citigroup Treasury/Govt. Sponsored/Mortgage Index
Citigroup Treasury/Govt. Sponsored/Mortgage Index (reflects no deductions for sales charges, account fees, expenses or taxes)5.59%5.93%5.69%7.55%Oct. 17, 1985
Lipper General U.S. Government Funds Average
Lipper General U.S. Government Funds Average (reflects no deductions for sales charges, account fees or taxes)5.92%4.68%4.66%6.36%Oct. 17, 1985
Consumer Price Index
Consumer Price Index1.50%2.18%2.34%2.82%Oct. 17, 1985
Class A annualized 30-day yield at August 31, 2011: 1.66%

(For current yield information, please call American FundsLine®

at 800/325-3590.)