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American Funds Bond Fund of Amer A (ABNDX)

10.95 -0.04 (-0.36%)
At close: 8:01 PM EDT

Fund Summary

The fund invests at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives. It invests at least 60% of its assets in debt securities rated A3 or better or A- or better by Nationally Recognized Statistical Ratings Organizations designated by the fund’s investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the fund’s investment adviser, and in U.S. government securities, money market instruments, cash or cash equivalents.

American Funds Bond Fund of Amer A

Los Angeles CA 90071
333 S Hope St - 55th Fl (MICG)
213-486-9200

Fund Overview

Category Intermediate Core Bond
Fund Family American Funds
Net Assets 82.81B
YTD Return -0.83%
Yield 3.89%
Morningstar Rating
Inception Date Aug 04, 2008

Fund Operations

Last Dividend 0.11
Last Cap Gain -13.00
Holdings Turnover 466.00%
Average for Category --

Fees & Expenses

Expense ABNDX Category Average
Annual Report Expense Ratio (net) 0.35% 0.61%
Prospectus Net Expense Ratio 0.35% --
Prospectus Gross Expense Ratio 0.35% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.78%
Max Deferred Sales Load -- 1.18%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

David A. Hoag, Lead Manager since March 01, 2009
David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee and the Target Date Solutions Committee. He has 36 years of investment industry experience and has been with Capital Group for 32 years. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. He holds an MBA in finance from the University of Chicago Booth School of Business and a bachelor's degree in economics and business from Wheaton College, Illinois. David is based in Los Angeles.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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