ABNDX: American Funds Bond Fund of Amer A

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ABNDX American Funds Bond Fund of Amer A

  • Fund
  • ABNDX
  • Price as of: Jan 17, 2020
  • $13.14
    - $0.01 - 0.08%

Profile

ABNDX - Profile

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $50.1 B
  • Holdings in Top 10 14.6%

52 WEEK LOW AND HIGH

$13.14
$12.57
$13.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 121.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.37%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds The Bond Fund of America® Class A
  • Fund Family Name
    American Funds
  • Inception Date
    May 28, 1974
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Hoag

Fund Description

The American Funds Bond Fund of America Fund Class A (ABNDX) is a multisector income fund that focuses on high yield. ABNDX invests in a wide range of fixed-income subsectors, including corporate bonds, Treasuries and mortgage-related securities. This can include exposure to international bonds and other debt as well. The fund’s managers use credit analysis to keep ABNDX as close to an A rating as possible while still reaching its high income goal.

As a ‘go anywhere’ bond fund, ABNDX makes an ideal core choice for investors looking to add fixed-income exposure to their portfolios. The fund is managed by Capital Research and Management Company.


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Categories

Performance

ABNDX - Performance

Return Ranking - Trailing

Period ABNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -0.3% 3.8% 72.10%
1 Yr 4.7% -1.5% 23.2% 55.20%
3 Yr 1.1%* -5.1% 8.8% 55.12%
5 Yr 0.3%* -5.9% 6.3% 39.37%
10 Yr 0.9%* -8.6% 8.0% 40.01%

* Annualized

Return Ranking - Calendar

Period ABNDX Return Category Return Low Category Return High Rank in Category (%)
2019 4.1% -1.7% 83.9% 48.07%
2018 -2.5% -12.4% 0.8% 48.56%
2017 1.3% -6.0% 17.1% 40.64%
2016 1.0% -58.1% 8.6% 20.06%
2015 -1.7% -18.3% 3.0% 62.73%

Total Return Ranking - Trailing

Period ABNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -0.3% 3.8% 72.10%
1 Yr 4.7% -2.6% 23.2% 52.43%
3 Yr 1.1%* -5.1% 8.8% 62.00%
5 Yr 0.3%* -5.9% 6.3% 50.82%
10 Yr 1.0%* -8.6% 8.0% 50.32%

* Annualized

Total Return Ranking - Calendar

Period ABNDX Return Category Return Low Category Return High Rank in Category (%)
2019 4.1% -1.7% 83.9% 49.11%
2018 -2.5% -11.7% 6.5% 57.05%
2017 1.3% -6.0% 27.0% 50.64%
2016 1.1% -58.1% 10.7% 26.40%
2015 -1.7% -14.6% 4.2% 70.09%

NAV & Total Return History


Holdings

ABNDX - Holdings

Concentration Analysis

ABNDX Category Low Category High ABNDX % Rank
Net Assets 50.1 B 688 K 249 B 1.38%
Number of Holdings 2029 1 17590 4.69%
Net Assets in Top 10 7.38 B -203 M 24.3 B 1.17%
Weighting of Top 10 14.64% 2.3% 138.1% 70.81%

Top 10 Holdings

  1. United States Treasury Notes 2.5% 2.49%
  2. United States Treasury Notes 2.75% 2.07%
  3. Federal National Mortgage Association 3% 1.77%
  4. United States Treasury Bonds 2.25% 1.75%
  5. United States Treasury Notes 2% 1.45%
  6. United States Treasury Notes 1.75% 1.14%
  7. United States Treasury Notes 2.12% 1.11%
  8. United States Treasury Notes 1.83% 1.02%
  9. United States Treasury Notes 2.12% 0.93%
  10. United States Treasury Notes 2.62% 0.90%

Asset Allocation

Weighting Return Low Return High ABNDX % Rank
Bonds
94.55% 80.34% 160.64% 72.55%
Cash
4.26% -60.64% 28.73% 28.73%
Convertible Bonds
1.17% 0.00% 6.14% 18.75%
Stocks
0.01% -17.64% 26.05% 7.63%
Preferred Stocks
0.01% 0.00% 7.32% 13.81%
Other
0.00% -26.77% 31.28% 35.16%

Stock Sector Breakdown

Weighting Return Low Return High ABNDX % Rank
Utilities
0.00% 0.00% 100.00% 18.12%
Technology
0.00% 0.00% 33.72% 15.03%
Real Estate
0.00% 0.00% 100.00% 14.50%
Industrials
0.00% 0.00% 100.00% 18.93%
Healthcare
0.00% 0.00% 39.26% 6.71%
Financial Services
0.00% 0.00% 100.00% 25.64%
Energy
0.00% 0.00% 100.00% 35.70%
Communication Services
0.00% 0.00% 100.00% 18.66%
Consumer Defense
0.00% 0.00% 26.01% 13.29%
Consumer Cyclical
0.00% 0.00% 100.00% 19.87%
Basic Materials
0.00% 0.00% 100.00% 15.30%

Stock Geographic Breakdown

Weighting Return Low Return High ABNDX % Rank
US
0.01% -17.64% 16.43% 7.24%
Non US
0.00% -1.93% 9.62% 29.58%

Bond Sector Breakdown

Weighting Return Low Return High ABNDX % Rank
Government
44.08% 0.00% 100.00% 12.61%
Corporate
25.39% 0.00% 99.29% 34.48%
Securitized
23.11% 0.00% 97.31% 36.72%
Cash & Equivalents
5.81% -26.49% 21.73% 21.41%
Municipal
1.60% 0.00% 100.00% 51.28%
Derivative
0.00% 0.00% 24.34% 37.75%

Bond Geographic Breakdown

Weighting Return Low Return High ABNDX % Rank
US
84.25% 67.16% 160.64% 77.66%
Non US
10.30% -27.08% 20.66% 22.69%

Expenses

ABNDX - Expenses

Operational Fees

ABNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.00% 209.96% 67.94%
Management Fee 0.19% 0.00% 1.25% 6.78%
12b-1 Fee 0.25% 0.00% 1.00% 40.33%
Administrative Fee 0.05% 0.00% 0.50% 15.93%

Sales Fees

ABNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.50% 5.75% 46.30%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

ABNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 121.00% 0.00% 2053.00% 79.63%

Distributions

ABNDX - Distributions

Dividend Yield Analysis

ABNDX Category Low Category High ABNDX % Rank
Dividend Yield 0.57% 0.00% 5.21% 58.51%

Dividend Distribution Analysis

ABNDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

ABNDX Category Low Category High ABNDX % Rank
Net Income Ratio 2.37% 0.00% 6.30% 62.76%

Capital Gain Distribution Analysis

ABNDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ABNDX - Fund Manager Analysis

Managers

David Hoag


Start Date

Tenure

Tenure Rank

Mar 01, 2009

10.84

10.8%

David A. Hoag is a fixed income portfolio manager at Capital Group. He has 30 years of investment experience and has been with Capital Group for 26 years. Prior to joining Capital, David worked as a municipal bond analyst for Van Kampen Merritt Investment Advisory Corp. in Lisle, Illinois. 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.

Robert Neithart


Start Date

Tenure

Tenure Rank

Mar 01, 2009

10.84

10.8%

Robert H. Neithart is a fixed-income portfolio manager at Capital Group. He is chairman of the Fixed Income Management Committee and of Capital Strategy Research, Inc. Rob’s investment responsibilities are focused on global multi-currency fixed income, emerging market debt and global high income portfolios. Rob began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in economics from Occidental College.

Fergus MacDonald


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.25

4.3%

Fergus N. MacDonald is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee. He has 25 years of investment experience and has been with Capital Group for 14 years. He holds a graduate degree in applied mathematics and theoretical physics from Cambridge University and a bachelor’s degree with first-class honors in mathematics from the Imperial College of Science Technology and Medicine. Fergus is based in Los Angeles.

David Lee


Start Date

Tenure

Tenure Rank

Nov 21, 2015

4.11

4.1%

David S. Lee is a fixed income portfolio manager at Capital Group. David has 19 years of investment experience and has been with Capital Group for 17 yrs. Earlier in his career, as a fixed income investment analyst at Capital, he covered brokerage, media, paper and leisure companies. Before joining Capital, he was at Pacific Investment Management Company. He holds an MBA from the University of Chicago Booth School of Business and both a master’s degree and bachelor’s degree in engineering from Stanford University. He also holds the Chartered Financial Analyst designation. David is based in LA.

Pramod Atluri


Start Date

Tenure

Tenure Rank

Jan 01, 2016

4.0

4.0%

Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 19 years of investment industry experience and has been with Capital Group for two years. Prior to joining Capital, Pramod was a fixed income portfolio manager at Fidelity Investments where he also worked as a fixed income strategist and corporate bond analyst. Before that he was a management consultant at McKinsey & Company. He holds an MBA from Harvard Business School and a bachelor’s degree in biological chemistry from the University of Chicago where he also completed the requirements for bachelor’s degrees in economics and chemistry. He holds the Chartered Financial Analyst® designation. Pramod is based in Los Angeles.

David Betanzos


Start Date

Tenure

Tenure Rank

Jul 01, 2016

3.5

3.5%

David J. Betanzos, Senior Vice President for Capital Fixed Income Investors. Mr. Betanzos has been wirth Capital Research and Management Company or affiliate since 2002.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.1 7.64 0.67