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Morningstar

American Funds Capital World Bond 529F CCWFX

Morningstar Analyst Rating
Analyst rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 16.32  /  0.24 %
  • Total Assets 9.7 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.990%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 2.22%
  • Effective Duration 7.13 years

USD | NAV as of Mar 29, 2023 | 1-Day Return as of Mar 29, 2023, 10:25 PM GMT+0

Morningstar’s Analysis CCWFX

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

People Pillar

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

Retirement and Manager Addition at American Funds Capital World Bond; Ratings Unchanged

Senior Analyst

Analyst Note

|

Capital Group recently announced that 32-year firm veteran Thomas Hogh will retire on July 1, 2023. In anticipation of that retirement, Hogh will give up his principal investment officer and portfolio management duties on American Funds Capital World Bond, effective March 1, 2023. On that date, Philip Chitty, who joined Capital Group in 2004 and has been a comanager on the strategy since March 2021, will take over as principal investment officer and global rates specialist Thomas Reithinger will join as a comanager. Andrew Cormack, who came to Capital Group from Western Asset in 2018 and serves on the Capital Group’s portfolio strategy group, will remain a comanager on the still three-person strategy. Given the experience and expertise of the continuing managers and the team-based management approach to Capital Group’s fixed-income offerings, these changes do not alter our view. American Funds Capital World Bond retains its Morningstar Analyst Rating of Neutral across all share classes.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CCWFX

More CCWFX Holdings
  • Current Portfolio Date Dec 31, 2022
  • Equity Holdings 2
  • Bond Holdings 1673
  • Other Holdings 28
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

6.81
648,578,907
Cash and Equivalents

United States Treasury Notes 3.125%

1.55
147,690,225
Government

United States Treasury Notes 0.25%

1.28
122,236,550
Government

United States Treasury Notes 4.125%

1.28
121,458,047
Government

United States Treasury Notes 4.125%

1.18
112,856,510
Government

United States Treasury Notes 0.375%

1.03
97,781,091
Government

Canada (Government of) 3.5%

1.01
95,875,693
Government

United States Treasury Notes 1.875%

0.97
92,743,365
Government

China (People's Republic Of) 3.86%

0.95
90,784,142
Government

Germany (Federal Republic Of) 1.7%

0.94
89,166,508
Government