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Morningstar

American Funds Interm Bd Fd of Amer 529A CBOAX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 12.19  /  −0.30 %
  • Total Assets 23.9 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Effective Duration 3.55 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:11 PM GMT+0

Morningstar’s Analysis CBOAX

Will CBOAX 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 CBOAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CBOAX 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 CBOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

More sensitive to interest rates than credit.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

American Funds Intermediate Bond Fund of America's team courts more interest-rate risk than many of its Morningstar Category peers but a well-executed, conservative approach to credit risk commends it.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings CBOAX

More CBOAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

13.95 3.3 Bil
Cash and Equivalents

United States Treasury Notes 4.625%

3.74 895.4 Mil
Government

Federal National Mortgage Association 6%

2.51 601.1 Mil
Securitized

Federal National Mortgage Association 6%

2.19 526.0 Mil
Securitized

Federal National Mortgage Association 5%

1.25 298.7 Mil
Securitized

Federal Home Loan Mortgage Corp. 6.5%

1.24 297.3 Mil
Securitized

Federal National Mortgage Association 6.5%

1.18 282.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

1.06 254.0 Mil
Securitized

United States Treasury Notes 4.625%

0.91 217.9 Mil
Government

United States Treasury Notes 4.125%

0.84 202.1 Mil
Government