About RBFBX
The Bond Fund of America Class R-2 is an open-end mutual fund focused on delivering a high level of current income while preserving capital for investors. Managed by Capital Research and Management Company, this fund primarily invests in a diversified portfolio of bonds and other debt securities, including U.S. government, corporate, and mortgage-backed securities. While the majority of holdings are investment-grade (rated A or better), the fund also maintains limited exposure to below-investment-grade bonds, balancing risk and return as appropriate. Up to 25% of assets can be allocated to non-U.S. issuers, enhancing geographic diversification.
The fund adheres to a multi-manager approach, leveraging the expertise of several portfolio managers to identify attractively priced opportunities across the fixed-income spectrum. Portfolios are actively managed with a broad range of maturities and sectors represented, offering exposure to U.S. Treasuries, agency securities, asset-backed and mortgage-backed instruments, and select corporate debt. Regular monthly dividends and a long-term market presence since 1974 support its reputation as a core holding for income-oriented investors and portfolio diversifiers. The Bond Fund of America Class R-2 plays a significant role in the market as a core bond fund choice for retirement plans and those seeking broad-based fixed-income exposure.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RBFBX
Share Class Class R-2
Index Bloomberg U.S. Aggregate Bond TR
RBFBX had a total return of -2.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.14%.
