American Funds Corporate Bond Fund Class 529-F-1 (COBFX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.74% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.35% |
| Dividend Growth | 4.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.63 |
| YTD Return | 1.31% |
| 1-Year Return | 8.45% |
| 5-Year Return | 0.15% |
| 52-Week Low | 8.88 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 693 |
| Inception Date | Jul 29, 2016 |
About COBFX
American Funds Corporate Bond Fund 529-F-1 is a mutual fund focused on corporate fixed-income securities, designed to provide a high total return primarily through income generation. Its core mandate is to invest at least 80% of assets in corporate bonds, with the remainder allocated to other fixed-income instruments such as U.S. Treasury securities and asset-backed obligations. The fund employs a research-driven, risk-managed approach, emphasizing capital preservation and prudent diversification across more than 190 issuers. It maintains an effective duration of approximately 6.6 years, reflecting intermediate-term interest rate exposure, and regularly distributes monthly income to shareholders. The fund's strategy balances U.S. and non-U.S. bond exposure, offering investors access to a broad range of corporate credit opportunities while maintaining a relatively low carbon risk profile. Structured for 529 education savings plans, the fund plays a significant role in fixed-income portfolios by seeking stable returns with a focus on income and capital stability.
Performance
COBFX had a total return of 8.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.09%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03439 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03512 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03332 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03537 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0344 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03495 | Sep 2, 2025 |