American Funds Corporate Bond Fund Class 529-C (COBCX)
| Fund Assets | 1.95B |
| Expense Ratio | 1.49% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.38% |
| Dividend Growth | 5.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.63 |
| YTD Return | 1.22% |
| 1-Year Return | 7.39% |
| 5-Year Return | -4.69% |
| 52-Week Low | 8.95 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 693 |
| Inception Date | Jul 29, 2016 |
About COBCX
American Funds Corporate Bond Fund 529C is an actively managed mutual fund designed to provide total return with a focus on capital preservation and prudent risk management. The fund primarily invests at least 80% of its assets in high-quality corporate debt securities, adhering to minimum credit ratings of Baa3 or BBB- or better, which positions it within the investment-grade bond category. With a portfolio concentrated mainly in U.S. bonds and a significant allocation to non-U.S. bonds, the fund seeks to generate the majority of its returns from income. It regularly pays monthly dividends to investors. The fund maintains a moderate duration profile, aiming to balance yield with interest rate risk, and its management emphasizes research-driven security selection. Notable for its broad sector exposure through over 195 holdings, the fund is benchmarked against the Bloomberg U.S. Corporate Investment Grade Index, reflecting its role in providing diversified credit exposure for investors seeking stable income within the fixed-income market. The 529C share class is tailored for educational savings plans, integrating investment discipline with the specific planning needs of college savings accounts.
Performance
COBCX had a total return of 7.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.03%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02636 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02713 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02564 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02695 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0266 | Oct 1, 2025 |
| Aug 29, 2025 | $0.027 | Sep 2, 2025 |