The Bond Fund of America - R-3 | American Funds

Select your location

Who are you ?

Select another location

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Who are you ?

Select another location

Who are you ?

RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

BOND FUNDS

®

Share Class
Purchase Restrictions: Class R-3 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A high-quality core bond portfolio with broad diversification. The fund has the ability to invest in every sector of the bond market and pursue multiple sources of active return, with a limited percentage of below-investment-grade holdings. This approach may help diversify equity risk in a portfolio.
Price at NAV $11.94 as of 7/01/2022 (updated daily)
Fund Assets (millions) $72,378.3
Portfolio Managers
4
Expense Ratio
0.85%

Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities0.1%
Non-U.S. Equities0.0%
U.S. Bonds86.1%
Non-U.S. Bonds11.9%
Cash & Equivalents
1.9%
U.S. Equities0.1%
Non-U.S. Equities0.0%
U.S. Bonds86.1%
Non-U.S. Bonds11.9%
Cash & Equivalents
1.9%
As of 5/31/2022 (updated monthly)

Growth of 10K

High & Low Prices

Fund Statistics

6.4 years
Effective Duration
3%
Average Yield
to Worst
2.3%
Average Coupon
% of net assets as of 3/31/2022 (updated quarterly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as } of 3/31/22 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to provide as high a level of current income as is consistent with the preservation of capital.
Distinguishing Characteristics
Taking a broadly diversified, high-quality approach, this core bond fund has the ability to invest in every sector of the bond market and pursue multiple sources of active return, with a limited percentage of below-investment-grade holdings. This approach may help diversify equity risk in a portfolio. The fund draws on our experience in managing U.S. core bonds since 1973 and a 90-year heritage of investing in U.S. markets.
Types of Investments
Primarily invests in corporate debt securities, U.S. and other government securities, mortgage-related securities and cash.
Holdings Outside the U.S.
May invest in fixed-income securities of corporations and government entities outside the United States.
Maturity
Typically, the fund will be invested in intermediate- to long-term securities.
Portfolio Restrictions
The fund generally invests at least 80% of its assets in bonds, including corporate bonds, U.S. government securities and money market instruments. At least 60% of its assets will be invested in securities rated A3/A- or better at the time of purchase (or unrated but determined by the fund’s investment adviser to be of equivalent quality). It is the fund’s current practice not to invest more than 10% of its assets in debt securities rated Ba1 and BB+ or below.

Fund Facts

Fund Inception 5/28/1974
Fund Assets (millions)
As of 5/31/2022
$72,378.3
Companies/Issuers
Holdings are as of 3/31/2022 (updated quarterly).
941+
Shareholder Accounts
Shareholder accounts are as of 5/31/2022
19,219
Regular Dividends Paid
Monthly
Minimum Initial Investment $0
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2021) 368%
Fiscal Year-End Dec
Prospectus Date 03/01/2022
CUSIP 097873 85 5
Fund Number 2308

Returns

Internal Prompt

Month-End Returns as of 5/31/22

Quarter-End Returns as of 3/31/22

Internal Prompt

Volatility & Return

Read important investment disclosures

Fixed-Income

For Class R-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the fixed income funds
RBFCX
Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 05/31/2022 (updated monthly) . Annualized return as of 05/31/2022 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.63% 3.80%
Fund at MOP N/A N/A
As of 5/31/2022 (updated monthly)

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Pramod Atluri 6 6 24
David J. Betanzos 6 20 22
David A. Hoag 13 31 34
Fergus N. MacDonald 7 18 29
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(396)
3-yr. Morningstar RatingTM
(396 funds rated)
5-yr. Morningstar RatingTM
(359 funds rated)
10-yr. Morningstar RatingTM
(264 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Intermediate Core Bond
Ratings are based on risk-adjusted returns as of 5/31/2022 (updated monthly).

Risk Measures

Fund
Standard Deviation
3.40
Sharpe Ratio
0.34
For the 10 Years ending 5/31/22 (updated monthly).
American Funds/
Morningstar Benchmark
Bloomberg US Agg Bond TR USD
R-squared 97
Beta 0.97
Capture Ratio (Downside/Upside) 98/99
American Funds and Morningstar Benchmark for the 10 Years ending 5/31/22 (updated monthly).
U.S. Treasuries/Agencies
39.2%
AAA/Aaa
19.3%
AA/Aa
4.6%
A
10.8%
BBB/Baa
18.0%
BB/Ba
3.3%
B
0.1%
CCC & Below
0.0%
Unrated
1.1%
Cash & equivalents
3.2%
% of net assets as of 3/31/2022 (updated quarterly)

Average Life Breakdown

0-4.9 Years
45.7%
5-9.9 Years
33.6%
10-19.9 Years
5.6%
20-29.9 Years
10.9%
30+ Years
0.5%
% of net assets as of 3/31/2022 (updated quarterly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
U.S. government & government agency bonds & notes 39.0%
Asset-backed obligations 3.2%
Non-U.S. government/agency securities 1.6%
Municipal securities 0.7%

% of net assets as of 3/31/2022 (updated quarterly)

Top Fixed-Income Issuers

U.S. Treasury
39.2%
UMBS
5.8%
Ginnie Mae II
4.2%
Fannie Mae
2.9%
PG&E
1.3%

% of net assets as of 3/31/2022 (updated quarterly)

Geographic Breakdown

United States
84.0%
Europe
6.0%
Asia & Pacific Basin
2.9%
Other (Including Canada & Latin America)
3.6%
Cash & equivalents
3.6%
% of net assets as of 3/31/2022 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 07/01/22

2022
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
Daily 01/31/22 02/01/22 $0.0140974 $0.00 $0.00 $0.00 $13.10
Daily 02/28/22 03/01/22 $0.0119746 $0.00 $0.00 $0.00 $12.95
Daily 03/31/22 04/01/22 $0.0197629 $0.00 $0.00 $0.00 $12.60
Daily 04/29/22 05/02/22 $0.0242893 $0.00 $0.00 $0.00 $12.12
Daily 05/31/22 06/01/22 $0.0321761 $0.00 $0.00 $0.00 $12.14
Daily 06/30/22 07/01/22 $0.0209566 $0.00 $0.015 $0.00 $11.86
2022 Year-to-Date: Dividends Subtotal: $0.12325685 Cap Gains Subtotal: $0.015
Total Distributions: $0.13825685

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.16%
Other Expenses 0.19%
Service 12b-1 0.50%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RBFCX 0.85%
Lipper Core Bond Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for RBFCX