American Funds Corporate Bond 529-F-3 (FBCDX)
Fund Assets | 1.93B |
Expense Ratio | 0.37% |
Min. Investment | $250 |
Turnover | 216.00% |
Dividend (ttm) | 0.43 |
Dividend Yield | 4.47% |
Dividend Growth | 9.14% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 29, 2025 |
Previous Close | 9.67 |
YTD Return | 4.41% |
1-Year Return | 1.00% |
5-Year Return | n/a |
52-Week Low | 9.20 |
52-Week High | 9.84 |
Beta (5Y) | n/a |
Holdings | 720 |
Inception Date | Oct 30, 2020 |
About FBCDX
American Funds Corporate Bond Fund 529-F-3 is an open-end mutual fund that primarily invests in high-quality corporate debt securities, aiming to deliver maximum total return while maintaining capital preservation and prudent risk management. The fund typically allocates at least 80% of its assets to bonds issued by corporations and maintains a consistent focus on investment-grade credit, with holdings generally rated Baa3/BBB- or higher. Notable for its broad diversification, the portfolio encompasses hundreds of individual securities, providing significant sector and issuer spread, and features a relatively high portfolio turnover. As of mid-2025, the portfolio is composed chiefly of U.S. and non-U.S. investment-grade bonds, with an effective duration near 6.6 years. Regular monthly income is a hallmark, as the fund pays dividends on a monthly basis. The fund serves the needs of core fixed-income investors, as well as those seeking tax-advantaged 529 plan options for education savings, and plays an important role in providing stable, income-oriented exposure to the corporate bond market within diversified investment strategies.
Performance
FBCDX had a total return of 1.00% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.75%.
Top 10 Holdings
17.59% of assetsName | Symbol | Weight |
---|---|---|
Capital Group Central Cash Fund | n/a | 6.67% |
United States Treasury Notes 4.25% | T.4.25 05.15.35 | 2.36% |
United States Treasury Notes 3.875% | T.3.875 06.30.30 | 2.01% |
United States Treasury Bonds 5% | T.5 05.15.45 | 1.61% |
AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 1.21% |
Chubb INA Holdings Inc 5% | CB.5 03.15.34 | 0.81% |
The Boeing Company 2.75% | BA.2.75 02.01.26 | 0.81% |
Cisco Systems, Inc. 5.05% | CSCO.5.05 02.26.34 | 0.73% |
United States Treasury Notes 3.875% | T.3.875 06.15.28 | 0.73% |
Takeda US Financing Inc. 5.2% | TACHEM.5.2 07.07.35 | 0.66% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 29, 2025 | $0.0362 | Sep 2, 2025 |
Jul 31, 2025 | $0.03689 | Aug 1, 2025 |
Jun 30, 2025 | $0.03593 | Jul 1, 2025 |
May 30, 2025 | $0.03773 | Jun 2, 2025 |
Apr 30, 2025 | $0.03594 | May 1, 2025 |
Mar 31, 2025 | $0.03771 | Apr 1, 2025 |