Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
American Funds Corporate Bond 529A COBAX
- NAV / 1-Day Return 9.41 / +0.22 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.56%
- Effective Duration 7.10 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:07 PM GMT+0
Morningstar’s Analysis COBAX
Will COBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Capital Group Central Cash Fund | 7.49 | 141.9 Mil | Cash and Equivalents |
United States Treasury Notes 4.375% | 3.35 | 63.4 Mil | Government |
United States Treasury Notes 4.5% | 2.51 | 47.5 Mil | Government |
Pacific Gas and Electric Company 2.5% | 1.16 | 22.0 Mil | Corporate |
Cash And Other Assets Less Liablities | 1.05 | 19.9 Mil | Cash and Equivalents |
United States Treasury Notes 4.625% | 0.88 | 16.6 Mil | Government |
Servicenow Inc 1.4% | 0.82 | 15.5 Mil | Corporate |
The Boeing Company 2.75% | 0.81 | 15.4 Mil | Corporate |
United States Treasury Bonds 4.75% | 0.79 | 15.0 Mil | Government |
Firstenergy Transmission Llc 2.866% | 0.75 | 14.2 Mil | Corporate |