About CBCFX
The Capital Group Core Bond Fund is a mutual fund specializing in high-quality fixed income investments. Its primary objective is to maximize current income while preserving capital, making it a foundational component for diversified portfolios. The fund typically allocates at least 80% of its assets to a wide spectrum of bond instruments, including U.S. Treasuries, government agency securities, corporate bonds, and mortgage-backed securities. It maintains broad diversification across sectors and credit qualities, with a significant portion invested in investment-grade bonds rated AAA to BBB, and a modest allocation to non-U.S. bonds and cash equivalents.
Serving as a core holding, the fund aims to provide four essential roles for investors: diversification from equities, capital preservation, a reliable income stream, and a degree of inflation protection. The disciplined, quality-oriented approach employed by its management team reflects a long-term perspective, focusing on consistency and risk management. The Capital Group Core Bond Fund plays a vital role in balancing portfolio risk, especially during periods of equity market volatility, and is widely recognized for its conservative and robust approach to core bond investing.
Category Intermediate Core Bond
Stock Exchange Nasdaq
Ticker Symbol CBCFX
CBCFX had a total return of -0.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.43%.
