American Funds Corporate Bond 529-F-2 (FFBBX)
| Fund Assets | 1.94B |
| Expense Ratio | 0.42% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.49% |
| Dividend Growth | -0.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.41 |
| YTD Return | 0.67% |
| 1-Year Return | 4.85% |
| 5-Year Return | -0.89% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 750 |
| Inception Date | Oct 30, 2020 |
About FFBBX
American Funds Corporate Bond Fund – Class 529-F-2 is a mutual fund that primarily invests in U.S. dollar-denominated, investment-grade corporate debt securities. Its main objective is to deliver a maximum total return while preserving capital and managing risk prudently. The fund maintains at least 80% of its assets in corporate bonds, notes, and loans, with additional allocations to U.S. Treasury securities and a small portion in asset-backed obligations. It actively avoids lower-quality debt by restricting holdings to securities rated Baa3/BBB- or higher, or to similarly assessed unrated instruments, supporting its conservative risk profile. Notable features of the fund include a significant portfolio turnover, monthly income distributions, and a focus on high credit quality. The fund is managed by a seasoned team and monitored against the Bloomberg U.S. Corporate Investment Grade Index, making it a notable fixed-income option for those seeking exposure to the corporate bond market. Its diversified portfolio spans multiple sectors and issuers, reflecting its role as a tool for fixed-income diversification and income generation within broader investment strategies.
Performance
FFBBX had a total return of 4.85% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.14%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03539 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03459 | May 1, 2026 |
| Mar 31, 2026 | $0.03615 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03244 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03506 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03584 | Jan 2, 2026 |