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Morningstar

American Funds Bond Fund of Amer A ABNDX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 10.98  /  0.38 %
  • Total Assets 74.7 Bil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.18%
  • Effective Duration 6.34 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:11 PM GMT+0

Morningstar’s Analysis ABNDX

Will ABNDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABNDX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ABNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ABNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An excellent, risk-conscious option for core bond exposure.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

American Funds Bond Fund of America has benefited from several process and resource enhancements over the past decade. Its revamped team, including skilled leaders and a well-resourced and notably stable supporting cast, earns its cheapest share classes an upgrade to a Morningstar Analyst Rating of Gold. Its pricier shares range from Silver to Neutral.

by Sam Kulahan
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ABNDX

More ABNDX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 3653
  • Other Holdings 25
  • % Assets in Top 10 Holdings 14.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

12.15
9,205,382,335
Cash and Equivalents

United States Treasury Notes 3.875%

3.69
2,794,386,732
Government

United States Treasury Notes 4.625%

1.98
1,499,885,588
Government

Federal National Mortgage Association 6%

1.32
1,003,026,482
Securitized

Federal National Mortgage Association 5%

1.26
956,249,551
Securitized

United States Treasury Notes 4.25%

1.23
931,647,705
Government

United States Treasury Bonds 3.625%

1.14
865,542,612
Government

Federal Home Loan Mortgage Corporation 5.5%

1.12
849,892,522
Securitized

Federal National Mortgage Association 2.5%

1.03
777,483,900
Securitized

United States Treasury Notes 4.25%

1.01
768,047,775
Government