|Expense Ratio (net)||0.60%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|Beta (3Y Monthly)||0.95|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||May 28, 1974|
Of the 3,794 actively managed mutual funds tallied for this ranking, most—3,128—lost money. The top firms in this year’s Barron’s annual Best Fund Families rankings did what they were supposed to do—beat their benchmarks and outperform their respective Lipper peers. Taking the top spot is American Funds, up from No. 36 in our previous ranking.
The following is our latest Fund Analyst Report for American Funds Bond Fund of America ABNDX . American Funds Bond Fund of America's hemmed-in profile offers diversification benefits relative to equities, while its substantial process improvements in recent years and low fees give it a competitive edge. Capital Group used the fund's financial-crisis struggles as impetus to improve its fixed-income investment process.