Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
American Funds Corporate Bond R2 RCBBX
- NAV / 1-Day Return 9.17 / +0.13 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.390%
- Distribution Fee Level Above Average
- Share Class Type Retirement, Small
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.93%
- Effective Duration 6.82 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:02 PM GMT+0
Morningstar’s Analysis RCBBX
Will RCBBX 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 10.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Capital Group Central Cash Fund | 6.68 | 120.7 Mil | Cash and Equivalents |
United States Treasury Notes 4.25% | 1.88 | 33.9 Mil | Government |
Cash And Other Assets Less Liablities | 1.76 | 31.8 Mil | Cash and Equivalents |
AbbVie Inc. 5.05% | 1.49 | 26.8 Mil | Corporate |
United States Treasury Notes 4% | 1.26 | 22.7 Mil | Government |
JPMorgan Chase & Co. 2.005% | 1.22 | 22.0 Mil | Corporate |
United States Treasury Bonds 4.5% | 0.92 | 16.6 Mil | Government |
Bristol-Myers Squibb Company 5.2% | 0.89 | 16.2 Mil | Corporate |
The Boeing Company 2.75% | 0.85 | 15.3 Mil | Corporate |
Servicenow Inc 1.4% | 0.83 | 15.1 Mil | Corporate |