The Short-Term Bond Fund of America - Class T (TSTBX) is a mutual fund that primarily invests in a diversified portfolio of short-term bonds issued by corporations and governments. This fund aims to provide investors with a stable income stream while preserving capital and maintaining a low level of risk. With a focus on short-term bonds, this fund offers a shorter duration and lower interest rate risk compared to other bond funds. The Class T shares of this fund are typically available to institutional investors and have a lower expense ratio compared to other share classes. Overall, the Short-Term Bond Fund of America - Class T is a conservative investment option for those seeking a steady income and low-risk investment.