American Funds Corporate Bond Fund Class 529-A (COBAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.22
-0.06 (-0.65%)
Jan 10, 2025, 4:00 PM EST
-2.64% (1Y)
| Fund Assets | 1.97B |
| Expense Ratio | 0.72% |
| Min. Investment | $250 |
| Turnover | 191.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.95% |
| Dividend Growth | 18.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 9.28 |
| YTD Return | -1.39% |
| 1-Year Return | 1.33% |
| 5-Year Return | -1.38% |
| 52-Week Low | 9.13 |
| 52-Week High | 9.84 |
| Beta (5Y) | n/a |
| Holdings | 739 |
| Inception Date | Jul 29, 2016 |
About COBAX
The fund normally invests at least 80% of its assets in corporate debt securities, which may be represented by derivatives. It will also normally invest all of its assets in debt instruments, (including bonds, mortgage- and other asset-backed securities, but excluding derivatives) with quality ratings of Baa3 or better or BBB- or better or in debt instruments that are unrated but determined at the time of purchase to be of equivalent quality by the investment adviser.
Fund Family American Funds
Category Corporate Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol COBAX
Index Bloomberg U.S. Corp Investment Grade TR
Performance
COBAX had a total return of 1.33% in the past year. Since the fund's inception, the average annual return has been 1.39%, including dividends.
Top 10 Holdings
15.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 3.66% |
| United States Treasury Bonds 4.125% | WIT 4.125 08.15.44 | 2.11% |
| United States Treasury Notes 3.5% | T 3.5 09.30.29 | 2.01% |
| AbbVie Inc. 5.05% | ABBV 5.05 03.15.34 | 1.42% |
| Pfizer Investment Enterprises Pte Ltd. 4.75% | PFE 4.75 05.19.33 | 1.28% |
| United States Treasury Bonds 4.625% | T 4.625 05.15.54 | 1.13% |
| Morgan Stanley 5.32% | MS V5.32 07.19.35 | 1.10% |
| JPMorgan Chase & Co. 5.294% | JPM V5.294 07.22.35 | 1.01% |
| Chubb INA Holdings Inc 5% | CB 5 03.15.34 | 0.96% |
| Bristol-Myers Squibb Company 5.2% | BMY 5.2 02.22.34 | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.03347 | Jan 2, 2025 |
| Nov 29, 2024 | $0.03118 | Dec 2, 2024 |
| Oct 31, 2024 | $0.03294 | Nov 1, 2024 |
| Sep 30, 2024 | $0.03228 | Oct 1, 2024 |
| Aug 30, 2024 | $0.03168 | Sep 3, 2024 |
| Jul 31, 2024 | $0.03256 | Aug 1, 2024 |