American Funds Corporate Bond 529-E (COBEX)

Fund Assets	1.84B
Expense Ratio	0.871%
Min. Investment	$250
Turnover	226.00%
Dividend (ttm)	0.37
Dividend Yield	4.17%
Dividend Growth	-1.89%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.95
YTD Return	-3.44%
1-Year Return	-3.40%
5-Year Return	-7.21%
52-Week Low	8.90
52-Week High	9.72
Beta (5Y)	0.14
Holdings	741
Inception Date	Jul 29, 2016

About COBEX

American Funds Corporate Bond Fund Class 529-E is a mutual fund focused on generating total return while prioritizing capital preservation and prudent risk management. The fund primarily invests at least 80% of its assets in corporate debt securities, with a consistent emphasis on holding bonds carrying investment-grade ratings of BBB- or Baa3 or better. The portfolio is well diversified, typically comprising several hundred holdings across various sectors, and features regular monthly income distributions. This fund targets investors seeking managed exposure to U.S. corporate bonds as a means of capturing steady income and relative stability compared to riskier bond segments. The fund is notable within its category for emphasizing credit quality and measured risk, supported by a management team that leverages research-driven processes. Launched in 2016, it maintains a below-average risk and aims to achieve reliable performance over a full market cycle, serving as a core fixed-income holding for education savings accounts. Dividend yields and expense ratios remain competitive with peers, underscoring its role as a foundational investment-grade corporate bond vehicle for long-term investors focused on preservation and moderate income generation.

• Fund Family: Capital Group
• Category: Corporate Bond
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: COBEX
• Share Class: Class 529-e
• Index: Bloomberg U.S. Corp Investment Grade TR

Performance

COBEX had a total return of -3.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.42%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CFBFX	Class F-3	0.32%
RCBFX	Class R-6	0.32%
FBCDX	Class 529-f-3	0.37%
RCBEX	Class R-5	0.41%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03218	Oct 1, 2026
Aug 31, 2026	$0.03292	Sep 1, 2026
Jul 31, 2026	$0.03019	Aug 3, 2026
Jun 30, 2026	$0.03044	Jul 1, 2026
May 29, 2026	$0.03147	Jun 1, 2026
Apr 30, 2026	$0.03074	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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