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Morningstar

American Funds Capital World Bond C CWBCX

Morningstar Analyst Rating
Analyst rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 16.37  /  1.33 %
  • Total Assets 9.8 Bil
  • Adj. Expense Ratio
    1.650%
  • Expense Ratio 1.660%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 1.17%
  • Effective Duration 7.13 years

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:11 PM GMT+00:00

Morningstar’s Analysis CWBCX

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

People Pillar

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

Recent changes haven’t yet differentiated this offering.

Analyst

Summary

| by Sam Kulahan

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 its global bond peers. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.

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