American Funds Capital World Bond has seen changes to its team and approach in recent years, some of which are encouraging, but the firm’s multimanager model has yet to differentiate it from other global bond peers. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.
American Funds Capital World Bond F2 BFWFX
NAV / 1-Day Return
19.70
/
0.31
%
Total Assets
15.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.590%
Expense Ratio
0.590%
Fee Level
Below Average
Longest Manager Tenure
26.15
years
Category
World Bond
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
250
Status
Open
TTM Yield
2.35%
Effective Duration
6.71
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BFWFX 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 BFWFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BFWFX 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 BFWFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Yet to separate itself from the pack.
