About CFACX
American Funds The Bond Fund of America 529-C is a taxable bond mutual fund designed to provide investors with a high level of current income while emphasizing the preservation of capital. As an actively managed core fixed-income fund, it primarily invests in a broad array of investment-grade U.S. bonds, including government, corporate, and securitized debt, with a smaller allocation to non-U.S. bonds. The fund typically holds a large and diversified portfolio, with over 1,300 issuers, offering exposure to a variety of credit sectors and maturities. With an effective duration of approximately six years, it is structured to manage interest rate sensitivity while aiming for stable income generation. Regular monthly dividends are distributed to shareholders, and its structure as a 529-C share class allows it to be used as an option within education savings plans. The fund plays a significant role in the market as a diversified fixed-income vehicle, catering to investors seeking stability, diversification, and routine income within a tax-advantaged framework for education savings.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CFACX
Share Class Class 529-c
Index Bloomberg U.S. Aggregate Bond TR
CFACX had a total return of -3.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.95%.
