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American Funds Capital World Bond R4 RCWEX

Analyst rating as of
NAV / 1-Day Return
20.98  /  0.24 %
Total Assets
13.8 Bil
Adj. Expense Ratio
0.850%
Expense Ratio
0.850%
Fee Level
Low
Longest Manager Tenure
24.92 years
Category
US Fund World Bond
Credit Quality / Interest Rate Sensitivity
Medium / Extensive
Min. Initial Investment
250
Status
Open
TTM Yield
2.00%
Effective Duration
7.30 years
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Morningstar’s Analysis

Will RCWEX outperform in future?

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American Funds Capital World Bond Removes a Comanager; Rating Unchanged

Senior Analyst

Analyst Note

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On Sept. 1, 2020, Capital Group announced that effective Oct. 1, 2020, David Daigle will no longer be a portfolio manager on American Funds Capital World Bond. Daigle has managed the high-yield sleeve of this strategy since 2014. Generalist comanagers Thomas Høgh, Robert Neithart, and Andrew Cormack will remain in place and will tap a firm-centralized high-yield sleeve, which will replace the strategy-specific high-yield sleeve currently run by Daigle. Høgh and Neithart have each been comanagers on this strategy for over two decades, while Cormack became a comanager in 2019, having joined the firm in 2018 following 14 years at Western Asset.

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