Capital Group Core Bond
Name
As of 09/16/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.6%
1 yr return
-5.7%
3 Yr Avg Return
0.8%
5 Yr Avg Return
1.3%
Net Assets
$564 M
Holdings in Top 10
22.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 217.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$25,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/16/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CCBPX - Profile
Distributions
- YTD Total Return -8.6%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.36%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameCapital Group Core Bond Fund
-
Fund Family NameCapital Group
-
Inception DateApr 13, 2010
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Queen
Fund Description
The fund primarily invests in debt securities, including securities issued and guaranteed by the U.S. government and securities backed by mortgages or other assets. The fund may also invest in debt securities and mortgage-backed securities issued by federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. In addition, the fund may invest in asset-backed securities (securities backed by assets such as auto loans, credit card receivables or other providers of credit).
The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities), which may be represented by derivatives. The fund primarily invests in debt securities with quality ratings of A- or A3 or better by Nationally Recognized Statistical Rating Organizations (“NRSROs”) designated by the fund’s investment adviser or unrated but determined to be of equivalent quality by the fund’s investment adviser. The fund may invest up to 10% of its assets in debt securities rated in the BBB or Baa rating categories by NRSROs designated by the fund’s investment adviser or unrated but determined to be of equivalent quality by the fund’s investment adviser. Under normal circumstances, the dollar-weighted average effective maturity of the fund’s portfolio will be between three and 10 years.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
CCBPX - Performance
Return Ranking - Trailing
| Period | CCBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -8.6% | -18.7% | -1.0% | 86.89% |
| 1 Yr | -5.7% | -8.2% | 2.6% | 92.41% |
| 3 Yr | 0.8%* | -1.1% | 5.1% | 42.71% |
| 5 Yr | 1.3%* | -0.4% | 4.6% | 42.96% |
| 10 Yr | 1.4%* | -0.3% | 4.0% | 46.99% |
* Annualized
Return Ranking - Calendar
| Period | CCBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -2.9% | -15.4% | 94.2% | 94.01% |
| 2022 | 2.7% | -20.8% | 7.6% | 21.95% |
| 2021 | 2.8% | -74.0% | 9.3% | 20.11% |
| 2020 | -1.5% | -50.6% | 1.0% | 56.69% |
| 2019 | 0.3% | -2.6% | 9.2% | 24.03% |
Total Return Ranking - Trailing
| Period | CCBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -8.6% | -18.7% | -1.4% | 86.72% |
| 1 Yr | -5.7% | -10.9% | 2.4% | 79.04% |
| 3 Yr | 0.8%* | -2.6% | 5.1% | 37.05% |
| 5 Yr | 1.3%* | -1.1% | 4.6% | 38.76% |
| 10 Yr | 1.4%* | -0.4% | 4.0% | 43.88% |
* Annualized
Total Return Ranking - Calendar
| Period | CCBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -2.9% | -15.4% | 94.2% | 94.01% |
| 2022 | 2.7% | -20.8% | 7.6% | 21.77% |
| 2021 | 2.8% | -74.0% | 9.3% | 21.77% |
| 2020 | -1.5% | -50.6% | 6.5% | 65.07% |
| 2019 | 0.3% | -2.6% | 20.5% | 37.45% |
NAV & Total Return History
CCBPX - Holdings
Concentration Analysis
| CCBPX | Category Low | Category High | CCBPX % Rank | |
|---|---|---|---|---|
| Net Assets | 564 M | 5.81 M | 70.5 B | 63.68% |
| Number of Holdings | 496 | 4 | 4919 | 42.76% |
| Net Assets in Top 10 | 131 M | -23.9 M | 9.45 B | 62.93% |
| Weighting of Top 10 | 22.11% | 1.7% | 100.0% | 51.64% |
Top 10 Holdings
- United States Treasury Notes 0.125% 4.56%
- United States Treasury Notes 1.38% 4.14%
- United States Treasury Notes 0.375% 3.43%
- United States Treasury Bonds 1.38% 3.21%
- United States Treasury Notes 0.375% 3.00%
- United States Treasury Notes 1.5% 2.86%
- Federal National Mortgage Association 2.5% 2.78%
- Federal National Mortgage Association 1.5% 2.76%
- United States Treasury Notes 1.62% 2.69%
- Federal National Mortgage Association 1.5% 2.65%
Asset Allocation
| Weighting | Return Low | Return High | CCBPX % Rank | |
|---|---|---|---|---|
| Bonds | 89.60% | 49.71% | 194.71% | 77.56% |
| Cash | 9.18% | -102.46% | 39.20% | 14.63% |
| Convertible Bonds | 1.14% | 0.00% | 27.71% | 82.44% |
| Stocks | 0.07% | -0.66% | 11.31% | 16.75% |
| Preferred Stocks | 0.00% | 0.00% | 25.64% | 27.48% |
| Other | 0.00% | -2.59% | 10.19% | 11.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CCBPX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 81.48% | N/A |
| Technology | 0.00% | 0.00% | 24.45% | N/A |
| Real Estate | 0.00% | 0.00% | 100.00% | N/A |
| Industrials | 0.00% | 0.00% | 100.00% | N/A |
| Healthcare | 0.00% | 0.00% | 23.11% | N/A |
| Financial Services | 0.00% | 0.00% | 100.00% | N/A |
| Energy | 0.00% | 0.00% | 100.00% | N/A |
| Communication Services | 0.00% | 0.00% | 65.64% | N/A |
| Consumer Defense | 0.00% | 0.00% | 21.37% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 10.75% | N/A |
| Basic Materials | 0.00% | 0.00% | 22.71% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CCBPX % Rank | |
|---|---|---|---|---|
| US | 0.07% | -0.54% | 9.00% | 16.75% |
| Non US | 0.00% | -0.66% | 2.31% | 8.94% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | CCBPX % Rank | |
|---|---|---|---|---|
| Government | 39.52% | 0.00% | 73.63% | 20.33% |
| Corporate | 26.64% | 0.00% | 100.00% | 71.71% |
| Securitized | 19.81% | 0.00% | 97.27% | 70.08% |
| Cash & Equivalents | 13.34% | 0.00% | 44.09% | 12.52% |
| Municipal | 0.69% | 0.00% | 17.46% | 13.33% |
| Derivative | 0.00% | 0.00% | 45.97% | 25.69% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | CCBPX % Rank | |
|---|---|---|---|---|
| US | 81.75% | 0.00% | 165.96% | 38.54% |
| Non US | 7.85% | 0.00% | 72.71% | 80.33% |
CCBPX - Expenses
Operational Fees
| CCBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.28% | 0.02% | 2.48% | 89.93% |
| Management Fee | 0.25% | 0.00% | 1.19% | 23.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| CCBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
| CCBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| CCBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 217.00% | 0.00% | 500.00% | 85.82% |
CCBPX - Distributions
Dividend Yield Analysis
| CCBPX | Category Low | Category High | CCBPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.36% | 0.00% | 6.03% | 25.32% |
Dividend Distribution Analysis
| CCBPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| CCBPX | Category Low | Category High | CCBPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.36% | -1.27% | 4.98% | 38.23% |
Capital Gain Distribution Analysis
| CCBPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Aug 31, 2022 | $0.026 | OrdinaryDividend |
| Jul 29, 2022 | $0.022 | OrdinaryDividend |
| Jun 30, 2022 | $0.016 | OrdinaryDividend |
| May 31, 2022 | $0.021 | OrdinaryDividend |
| Apr 29, 2022 | $0.017 | OrdinaryDividend |
| Mar 31, 2022 | $0.017 | OrdinaryDividend |
| Feb 28, 2022 | $0.010 | OrdinaryDividend |
| Jan 31, 2022 | $0.013 | OrdinaryDividend |
| Dec 31, 2021 | $0.016 | OrdinaryDividend |
| Nov 30, 2021 | $0.010 | OrdinaryDividend |
| Oct 29, 2021 | $0.004 | OrdinaryDividend |
| Sep 30, 2021 | $0.016 | OrdinaryDividend |
| Aug 31, 2021 | $0.015 | OrdinaryDividend |
| Jul 30, 2021 | $0.012 | OrdinaryDividend |
| Jun 30, 2021 | $0.013 | OrdinaryDividend |
| May 28, 2021 | $0.010 | OrdinaryDividend |
| Apr 30, 2021 | $0.013 | OrdinaryDividend |
| Mar 31, 2021 | $0.012 | OrdinaryDividend |
| Feb 26, 2021 | $0.010 | OrdinaryDividend |
| Jan 29, 2021 | $0.010 | OrdinaryDividend |
| Nov 30, 2020 | $0.019 | OrdinaryDividend |
| Oct 30, 2020 | $0.016 | OrdinaryDividend |
| Sep 30, 2020 | $0.015 | OrdinaryDividend |
| Aug 31, 2020 | $0.013 | OrdinaryDividend |
| Jul 31, 2020 | $0.013 | OrdinaryDividend |
| Jun 30, 2020 | $0.014 | OrdinaryDividend |
| May 29, 2020 | $0.015 | OrdinaryDividend |
| Apr 30, 2020 | $0.018 | OrdinaryDividend |
| Mar 31, 2020 | $0.018 | OrdinaryDividend |
| Feb 28, 2020 | $0.016 | OrdinaryDividend |
| Jan 31, 2020 | $0.016 | OrdinaryDividend |
| May 31, 2019 | $0.023 | DailyAccrualFund |
| Apr 30, 2019 | $0.023 | DailyAccrualFund |
| Mar 29, 2019 | $0.018 | DailyAccrualFund |
| Feb 28, 2019 | $0.013 | DailyAccrualFund |
| Jan 31, 2019 | $0.014 | DailyAccrualFund |
| Dec 31, 2018 | $0.021 | DailyAccrualFund |
| Nov 30, 2018 | $0.018 | DailyAccrualFund |
| Oct 31, 2018 | $0.016 | DailyAccrualFund |
CCBPX - Fund Manager Analysis
Managers
John Queen
Start Date
Tenure
Tenure Rank
Apr 13, 2010
12.14
12.1%
John R. Queen is a fixed income portfolio manager at Capital Group. He also serves on the Portfolio Solutions Committee. He has 32 years of investment experience and has been with Capital Group for 20 years. Earlier in his career at Capital, John was a trader and dealer service representative. Prior to joining Capital, he was chief operating officer and chief compliance officer, as well as managing director overseeing bond portfolios at Roxbury Capital Management, an affiliate of Wilmington Trust. Before that, he was managing director at Hotchkis and Wiley. John holds a bachelor’s degree in industrial management from Purdue University and attended the U.S. Military Academy at West Point, where he majored in mechanical engineering. He also holds the Chartered Financial Analyst® designation. John is based in Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 28.77 | 6.16 | 2.41 |