American Funds Corporate Bond Fund Class R-4 (RCBDX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.66% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.19% |
| Dividend Growth | 4.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.63 |
| YTD Return | 1.30% |
| 1-Year Return | 8.27% |
| 5-Year Return | -0.67% |
| 52-Week Low | 8.89 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 693 |
| Inception Date | Jul 29, 2016 |
About RCBDX
American Funds Corporate Bond Fund R-4 is a mutual fund focused on providing investors with exposure to a diversified portfolio of corporate debt securities. Managed by Capital Research and Management Company, the fund seeks to maximize total return while maintaining capital preservation and prudent risk management as core objectives. It primarily invests in investment-grade U.S. corporate bonds, supplemented with non-U.S. bonds, U.S. Treasury securities, and a smaller allocation to asset-backed and revenue bonds. As of June 2025, roughly 85% of its assets are held in corporate bonds, with U.S. bonds representing about 80% of the total portfolio. This fund is designed for investors aiming to enhance their income potential relative to traditional core bond funds or to diversify portfolios with dedicated corporate credit exposure. Notably, the fund pays monthly dividends, reflecting its income-focused approach, and has a moderate average duration, providing a balance between yield and interest rate risk. The experienced management team employs a research-driven investment process and emphasizes risk mitigation. With an expense ratio of 0.65% and over $1.9 billion in assets under management, it plays a significant role in the corporate bond mutual fund segment, offering institutional-quality management and broad sector diversification for long-term fixed income investors.
Performance
RCBDX had a total return of 8.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.75%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03336 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03376 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03208 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03362 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03309 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03377 | Sep 2, 2025 |