Morningstar

American Funds Capital World Bond Fund® Class R-4 RCWEX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 15.75  /  −0.19 %
  • Total Assets 9.9B
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.97%
  • Effective Duration 6.24 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RCWEX

Will RCWEX outperform in the 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 RCWEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Despite its unique approach and deep resources, this strategy is yet to stand out from the crowd.

Senior Analyst Elbie Louw

Elbie Louw

Senior Analyst

Summary

American Funds Capital World Bond has retained some key strengths amid a changing of the guard, but the firm’s multimanager model and process have not yet clearly set it apart from its global bond peers. The strategy continues to hold Average People and Process ratings.

by Elbie Louw
Rated on Published on

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Portfolio Holdings RCWEX

More RCWEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

8.58 848M
Cash and Equivalents

Petroleos Mexicanos Sa De CV 6.84%

1.65 163M
Corporate

United States Treasury Notes 3.875%

1.62 160M
Government

Peru (Republic Of) 7.6%

1.50 148M
Government

United States Treasury Notes 3.625%

1.39 137M
Government

Secretaria Do Tesouro Nacional 10%

0.77 77M
Government

France (Republic Of) 0%

0.77 76M
Government

Korea (Republic Of) 4.25%

0.77 76M
Government

United States Treasury Bonds 2.441%

0.74 74M
Government

Federal National Mortgage Association 5%

0.73 73M
Securitized

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