American Funds Corporate Bond R5 (RCBEX)
| Fund Assets | 1.94B |
| Expense Ratio | 0.37% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.45% |
| Dividend Growth | -1.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.40 |
| YTD Return | 0.22% |
| 1-Year Return | 4.47% |
| 5-Year Return | -1.33% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 750 |
| Inception Date | Jul 29, 2016 |
About RCBEX
American Funds Corporate Bond Fund Class R-5 is an open-end mutual fund specializing in investment-grade corporate debt securities. Its primary objective is to achieve maximum total return while ensuring capital preservation and prudent risk management. The fund typically invests at least 80% of its assets in corporate bonds, notes, and loans, focusing on those with quality ratings of Baa3 or higher by Moody’s or BBB- or higher by S&P. A significant portion of the portfolio, over 80%, is dedicated to corporate debt, with smaller allocations to U.S. Treasury bonds and a minor presence in asset-backed and revenue bonds. Managed by Capital Research and Management Company, the fund is designed to provide enhanced income relative to core bond funds, with a monthly dividend distribution and a relatively low expense ratio. By focusing on high quality credit within the corporate sector, the fund plays an important role for investors seeking dedicated exposure to U.S. investment-grade corporate bonds and diversification from equity-based strategies.
Performance
RCBEX had a total return of 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.68%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03451 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03417 | May 1, 2026 |
| Mar 31, 2026 | $0.036 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03192 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03475 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03551 | Jan 2, 2026 |