About BFAFX
American Funds The Bond Fund of America® Class F-1 is an actively managed mutual fund focused on providing a high level of current income while emphasizing the preservation of capital. The fund predominantly invests in a diverse portfolio of bonds and other debt securities, typically allocating at least 80% of its assets to these instruments. Holdings include U.S. government, corporate, mortgage-backed, and selected non-U.S. securities, with a majority of the portfolio concentrated in high-quality, investment-grade assets rated A or better at the time of purchase.
Managed by Capital Research and Management Company, the fund targets a wide spectrum of maturities and sectors, which helps balance interest rate and credit risks. It generally avoids speculative-grade bonds, maintaining less than 10% exposure to lower-rated securities, and limits international exposure to no more than a quarter of assets. This strategy makes it suitable as a core fixed-income holding, supporting investor needs for steady income and portfolio diversification. With a substantial asset base and monthly dividend distributions, the fund plays a significant role in the U.S. bond fund market, serving individual, institutional, and retirement-focused investors.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BFAFX
Share Class Class F-1
Index Bloomberg U.S. Aggregate Bond TR
BFAFX had a total return of 6.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.48%.