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RBOBX American Funds Interm Bd Fd of Amer R2

  • Fund
  • RBOBX
  • Price as of: May 22, 2019
  • $13.39 + $0.01 + 0.08%
  • Category
  • Total Bond Market

RBOBX - Profile

Vitals

  • YTD Return 1.4%
  • 3 Yr Annualized Return -0.4%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $19.3 B
  • Holdings in Top 10 23.2%

52 WEEK LOW AND HIGH

$13.39
$13.01
$13.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.37%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 73.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name American Funds Intermediate Bond Fund of America®
  • Fund Family Name American Funds
  • Inception Date May 31, 2002
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Mark A. Brett

Fund Description

The fund maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity of no less than three years and no greater than five years under normal market conditions. It invests primarily in bonds and other debt securities with quality ratings of A- or better or A3 or better or unrated but determined to be of equivalent quality by the fund's investment adviser. The fund primarily invests in debt securities denominated in U.S. dollars.

RBOBX - Performance

Return Ranking - Trailing

Period RBOBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -1.4% 8.8% 69.52%
1 Yr 2.3% -16.4% 4.9% 27.77%
3 Yr -0.4%* -4.6% 43.7% 67.54%
5 Yr -0.3%* -5.8% 22.9% 32.58%
10 Yr 0.4%* -7.4% 15.9% 59.45%

* Annualized


Return Ranking - Calendar

Period RBOBX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.8% -22.2% 3.1% 15.97%
2017 -0.1% -5.1% 25.1% 79.00%
2016 -0.7% -8.5% 192.8% 91.55%
2015 -0.6% -33.0% 3.0% 10.31%
2014 0.7% -29.8% 32.1% 50.52%

Total Return Ranking - Trailing

Period RBOBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -1.4% 8.8% 71.11%
1 Yr 2.3% -16.4% 8.0% 36.69%
3 Yr -0.4%* -4.6% 48.8% 77.76%
5 Yr -0.3%* -3.8% 28.1% 54.06%
10 Yr 0.4%* -7.4% 18.7% 76.34%

* Annualized


Total Return Ranking - Calendar

Period RBOBX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.8% -22.2% 7.9% 23.62%
2017 -0.1% -4.6% 25.1% 82.25%
2016 -0.7% -4.1% 204.3% 93.88%
2015 -0.6% -32.4% 4.2% 22.54%
2014 0.7% -29.8% 32.1% 59.93%

NAV & Total Return History

RBOBX - Holdings

Concentration Analysis

RBOBX Category Low Category High RBOBX % Rank
Net Assets 19.3 B 337 K 218 B 7.09%
Number of Holdings 720 3 17324 38.24%
Net Assets in Top 10 4.41 B -1.98 B 29.3 B 6.36%
Weighting of Top 10 23.20% 3.4% 1616.9% 59.24%

Top 10 Holdings

  1. United States Treasury Notes 2.5% 4.17%

  2. United States Treasury Notes 2.5% 2.93%

  3. United States Treasury Notes 2% 2.75%

  4. United States Treasury Notes 2.88% 2.54%

  5. United States Treasury Notes 2.12% 2.23%

  6. United States Treasury Notes 1.88% 2.08%

  7. United States Treasury Notes 2.38% 1.95%

  8. United States Treasury Notes 2.88% 1.85%

  9. Federal National Mortgage Association 3% 1.38%

  10. United States Treasury Notes 2.62% 1.32%


Asset Allocation

Weighting Return Low Return High RBOBX % Rank
Bonds
93.16% -342.57% 340.77% 62.96%
Cash
6.06% -246.66% 453.71% 32.80%
Convertible Bonds
0.76% 0.00% 28.21% 31.81%
Preferred Stocks
0.01% -0.18% 20.25% 35.26%
Stocks
0.00% -0.99% 97.68% 94.83%
Other
0.00% -98.75% 19.81% 40.42%

Bond Sector Breakdown

Weighting Return Low Return High RBOBX % Rank
Government
56.63% -203.24% 178.24% 5.77%
Corporate
20.85% 0.00% 128.48% 82.57%
Securitized
16.42% 0.00% 102.58% 81.31%
Cash & Equivalents
6.06% -547.52% 455.04% 28.03%
Municipal
0.02% 0.00% 102.07% 60.50%
Derivative
0.00% -190.53% 299.06% 82.37%

Bond Geographic Breakdown

Weighting Return Low Return High RBOBX % Rank
US
82.58% -337.34% 218.41% 50.43%
Non US
10.58% -108.37% 122.36% 53.55%

RBOBX - Expenses

Operational Fees

RBOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.37% 0.00% 38.42% 21.01%
Management Fee 0.20% 0.00% 2.15% 9.34%
12b-1 Fee 0.75% 0.00% 1.00% 80.10%
Administrative Fee 0.05% 0.00% 0.63% 22.67%

Sales Fees

RBOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

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

Turnover 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.

RBOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 0.00% 2337.00% 47.12%

RBOBX - Distributions

Dividend Yield Analysis

RBOBX Category Low Category High RBOBX % Rank
Dividend Yield 0.01% 0.00% 2.87% 97.02%

Dividend Distribution Analysis

RBOBX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

RBOBX Category Low Category High RBOBX % Rank
Net Income Ratio 0.84% -2.82% 7.22% 97.22%

Capital Gain Distribution Analysis

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

RBOBX - Managers

Mark A. Brett

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2009

9.5

9.5%

Mark is a fixed-income portfolio manager at Capital Group. As a fixed-income investment analyst, he covers currency research. He has 34 years of investment experience and has been with Capital Group for 19 years. Prior to joining Capital, Mark was an economist and strategist with Barclays de Zoete Wedd (formerly de Zoete and Bevan) in London. In addition, he was a director of BZW Capital Markets Ltd. and a member of the London Stock Exchange. Currently, he is a member of the CFA Institute U.K. and is a fellow of the Chartered Institute for Securities and Investment. Mark is based in London.


David S. Lee

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2013

5.5

5.5%

David S. Lee is a fixed income portfolio manager at Capital Group. David has 18 years of investment experience and has been with Capital Group for 16 years. 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.


Fergus N. MacDonald

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2013

5.5

5.5%

Investment professional since 1992; more than 11 years with Capital Research and Management Company or affiliate. Vice President – Fixed Income, Capital Research Company.


David J. Betanzos

Manager

Start Date

Tenure

Tenure Rank

Nov 01, 2018

0.49

0.5%

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

0.0

Category High

30.35

Category Average

6.92

Category Mode

6.95