American Funds Intermediate Bond Fund of America structurally carries more interest-rate risk than many of its short-term bond Morningstar Category peers but benefits from a well-executed, conservative approach to credit risk. Its advantages are enough to award the strategy’s cheapest share classes a Morningstar Analyst Rating of Bronze, while its more expensive share classes earn a Neutral or Negative.
American Funds Interm Bd Fd of Amer F1 IBFFX
NAV / 1-Day Return
12.94
/
0.17
%
Total Assets
26.7 Bil
Adj. Expense Ratio
0.600%
Expense Ratio
0.600%
Fee Level
Above Average
Longest Manager Tenure
8.79
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
High / LimitedMin. Initial Investment
250
Status
Open
TTM Yield
1.51%
Effective Duration
3.65
years
Morningstar’s Fund Analysis IBFFX
Will IBFFX 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 IBFFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the IBFFX 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 IBFFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A short-term offering with a distinctive posture.
