The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABNFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ABNFX 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 ABNFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Broad diversification works well here.
Alec Lucas
Director
Summary
American Funds Bond Fund of America succeeds while avoiding extremes.