Morningstar

American Funds Capital World Bond Fund® Class R-5 RCWFX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 16.02  /  −0.74 %
  • Total Assets 10.0B
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 4.14%
  • Effective Duration 6.24 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 1:25 AM GMT+0

Morningstar’s Analysis RCWFX

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

  • People Pillar

    The People Pillar is our evaluation of the RCWFX 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 RCWFX’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 RCWFX

More RCWFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

9.22 902M
Cash and Equivalents

United States Treasury Notes 3.625%

1.80 176M
Government

United States Treasury Notes 3.875%

1.66 162M
Government

Petroleos Mexicanos Sa De CV 6.84%

1.63 159M
Corporate

Korea (Republic Of) 3.25%

1.46 143M
Government

United States Treasury Notes 4.125%

1.27 125M
Government

Peru (Republic Of) 7.6%

1.04 102M
Government

Federal National Mortgage Association 3.5%

1.00 98M
Securitized

Japan (Government Of) 0.1%

0.82 80M
Government

European Union 3.375%

0.82 80M
Government

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