About FBOFX
American Funds The Bond Fund of America 529-F-3 is an open-end mutual fund focused on generating current income while preserving capital. Structured as an intermediate core bond fund, it typically holds at least 80% of its assets in a diversified mix of bonds, including U.S. government securities, corporate bonds, and money market instruments. Its portfolio is predominantly composed of U.S. bonds, with a meaningful allocation to non-U.S. issues, providing broad exposure to fixed income markets. The fund is actively managed and maintains a relatively high portfolio turnover, adapting to changing market conditions to optimize income and manage risk. With over $90 billion in assets and more than 1,400 unique issuers, it stands out as one of the largest bond funds available. The fund pays dividends monthly, targeting consistent income for investors, and falls within the 529 share class structure designed for college savings plans, accommodating a range of educational investment goals. Its risk profile and performance are benchmarked against broad U.S. aggregate bond indices, making it a significant player in the fixed income segment for those seeking stable income and capital preservation over time.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FBOFX
Share Class Class 529-f-3
Index Bloomberg U.S. Aggregate Bond TR
FBOFX had a total return of 2.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been -0.43%.
