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Morningstar

American Funds Bond Fund of Amer F2 ABNFX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 11.38  /  0.25 %
  • Total Assets 76.6 Bil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.330%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.27%
  • Effective Duration 6.40 years

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 10:10 PM GMT+0

Morningstar’s Analysis ABNFX

Will ABNFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABNFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ABNFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ABNFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An excellent, risk-conscious option for core bond exposure.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

American Funds Bond Fund of America has benefited from several process and resource enhancements over the past decade. Its revamped team, including skilled leaders and a well-resourced and notably stable supporting cast, earns its cheapest share classes an upgrade to a Morningstar Analyst Rating of Gold. Its pricier shares range from Silver to Neutral.

by Sam Kulahan
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ABNFX

More ABNFX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 3408
  • Other Holdings 35
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

14.63
11,099,620,611
Cash and Equivalents

United States Treasury Notes 3.875%

4.25
3,226,838,910
Government

United States Treasury Notes 4.625%

2.38
1,805,054,557
Government

Federal National Mortgage Association 6.5%

2.24
1,696,413,288
Securitized

United States Treasury Notes 4.25%

2.10
1,595,537,970
Government

United States Treasury Bonds 4%

1.72
1,306,647,569
Government

Federal National Mortgage Association 2.5%

1.35
1,027,402,427
Securitized

Federal National Mortgage Association 5%

1.26
957,486,299
Securitized

United States Treasury Notes 0.5%

1.22
922,435,972
Government

Federal National Mortgage Association 5.5%

1.19
901,327,124
Securitized