About CFAAX
American Funds The Bond Fund of America® Class 529-A is an intermediate core bond mutual fund designed to provide a high level of current income while prioritizing capital preservation. The fund primarily invests in a diversified portfolio of U.S. and non-U.S. bonds, with a notable focus on mortgage-backed obligations, corporate bonds, U.S. Treasury securities, and asset-backed instruments. As of mid-2025, its asset allocation typically consists of approximately 85%–86% U.S. bonds, about 10% non-U.S. bonds, and the remainder in cash or equivalents. The fund’s effective duration and average yield are reflective of its intermediate-term focus, and it regularly distributes income to shareholders on a monthly basis. With over 1,400 holdings and total net assets exceeding $90 billion, the fund plays a significant role in the fixed-income segment by offering broad credit and sector diversification. It is structured as a 529-A share class, making it accessible for education-related investment accounts and emphasizing suitability for long-term financial planning within tax-advantaged frameworks. The fund is noted for its active management and history of navigating varying interest rate environments, aiming to deliver steady income and manage risk within the bond market.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CFAAX
Share Class Class 529-a
Index Bloomberg U.S. Aggregate Bond TR
CFAAX had a total return of 2.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.82%.
