About RBOGX
The American Funds Intermediate Bond Fund of America R-6 is a mutual fund focused on providing current income in accordance with maturity and quality standards set by its prospectus. This fund primarily invests in high-quality, U.S. dollar-denominated bonds, including U.S. government bonds, mortgage-backed securities, corporate debt, and asset-backed obligations. At least 80% of its assets are held in bonds, with a strong emphasis on securities rated A or above at purchase, though up to 10% may be invested in slightly lower investment-grade bonds. The fund maintains an intermediate effective duration, typically near 4 years, balancing interest rate sensitivity with the pursuit of steady income. With monthly dividend distributions and a moderately low expense ratio, it is structured to be a core fixed-income holding for investors seeking stable income with managed credit risk. Its diversified portfolio, risk-control discipline, and consistent payout profile make it a significant component in retirement and conservative investment strategies, impacting fixed-income allocations within both individual and institutional portfolios.
Fund Family Capital Group
Category Short-Term Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol RBOGX
Share Class Class R-6
Index Bloomberg US Govt/Credit 1-7 Y Ex BBB TR
RBOGX had a total return of 3.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.11%.