American Funds The Bond Fund of America (ABNDX)

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American Funds The Bond Fund of America (ABNDX) is up 0.1% since the beginning of the year. ABNDX is currently trading at $11 per share. Investors who bought $1,000 worth of ABNDX shares 5 years ago would now be looking at an investment worth $989.

American Funds The Bond Fund of America (ABNDX) has returned 0.10% so far this year and 5.03% over the past 12 months. Over the last ten years, ABNDX has returned 1.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 1986, ABNDX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Oct 2008 at -6.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 7 months.

On a daily basis, ABNDX closed higher 46% of trading days. The best single day was Oct 22, 1987 with a return of +3.0%, while the worst single day was Dec 24, 1986 at -3.5%.

American Funds The Bond Fund of America has an annualized alpha of 4.26%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 1986.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (17.94%) than losses (8.92%) - typical of diversified or defensive assets.
• Beta of 0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ABNDX has an expense ratio of 0.55%, placing it in the medium range.

ABNDX ranks 17 for risk / return — in the bottom 17% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and compare them to S&P 500 Index.

American Funds The Bond Fund of America provided a 4.14% dividend yield over the last twelve months, with an annual payout of $0.47 per share.

The table displays the monthly dividend distributions for American Funds The Bond Fund of America. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the American Funds The Bond Fund of America. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds The Bond Fund of America was 18.18%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current American Funds The Bond Fund of America drawdown is 3.07%.

The chart below shows the rolling one-month volatility.