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Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Funds investment objective is to provide as high a level of current income as is consistent with the preservation of capital.The fund seeks to maximize your level of current income and preserve your capital by investing primarily in bonds. Normally the fund invests at least 80% of its assets in bonds and other debt securities, which may be represented by other investment instruments, including derivatives. The fund invests a majority of its assets in debt securities rated A3 or better or A-or better by Nationally Recognized Statistical Ratings Organizations designated by the funds investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the funds investment adviser, including U.S. government securities,money market instruments or cash.The fund may invest in debt securities and mortgage-backed securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S.government.The fund may invest in inflation-linked bonds issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Inflation-linked bonds are structured to protect against inflation by linking the bond s principal and interest payments to an inflation index, such as the Consumer Price Index for Urban Consumers, so that principal and interest adjust to reflect changes in the index.The fund may invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an The Bond Fund of America / Prospectus underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the funds statement of additional information.The fund may invest up to 10% of its assets in debt securities rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Ratings Organizations designated by the funds investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the funds investment adviser. Securities rated Ba1 or below and BB+ or below are sometimes referred to as junk bonds. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:21 PM ET 12/01/2021


  • 1 Week
  • +0.90%
  • 1 Month
  • +0.37%
  • 3 Months
  • -0.66%
  • 1 Yr Return
  • -4.66%
  • 5 Yr Return
  • +6.38%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 96.54%
Cash 8.64%
Stocks 0.06%
Preferred 0.01%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -5.25%
Total Net Assets 29.86 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 2.27 1.10 0.57
Beta 0.92 0.96 0.98
R Squared 0.72 0.80 0.85
Std Deviation 3.65 3.47 3.15
Sharpe Ratio 1.83 0.89 n/a

Purchase Information

as of 5:19 PM ET 11/30/2021
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25


Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +0.81%
  • +0.27%
+0.81% +0.27%
3 Year
  • +6.56%
  • +6.27%
+6.56% +6.27%
10 Year
  • +3.30%
  • +3.37%
+3.30% +3.37%
Life Of Fund
  • +7.31%
  • +7.32%
+7.31% +7.32%

Top 10 Holdings

Symbol Company Name % Of Assets


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