About ABNFX
American Funds The Bond Fund of America Class F-2 is an open-end mutual fund that primarily invests in a broad array of fixed-income securities. Its main objective is to provide as high a level of current income as possible while preserving capital. The fund maintains a diversified portfolio, with at least 80% of its assets allocated to bonds and other debt securities, including government, corporate, and securitized bonds, resulting in broad exposure to intermediate core bond markets. Notably, mortgage-backed obligations, corporate bonds, and U.S. Treasury securities make up significant portions of its holdings, reflecting its multi-sector approach and moderate interest rate sensitivity.
This fund is managed by a team of experienced portfolio managers and employs a research-driven, multi-manager strategy to help navigate changing credit and interest rate conditions. With a substantial asset base and monthly dividend distributions, it appeals to investors seeking income consistency and broad diversification within fixed income. The fund’s risk is characterized as average for its category, and it is classified by both Morningstar and industry benchmarks as an Intermediate Core Bond fund, indicating moderate credit and interest rate sensitivity with an average effective duration of just over six years.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol ABNFX
Share Class Class F-2
Index Bloomberg U.S. Aggregate Bond TR
ABNFX had a total return of -2.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.65%.
