PortfoliosLab logo

American Funds The Bond Fund of America (ABNDX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

The investment seeks to provide as high a level of current income as is consistent with the preservation of capital. 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. It invests at least 60% of its assets in debt securities rated A3 or better or A- or better by Nationally Recognized Statistical Ratings Organizations designated by the fund’s investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the fund’s investment adviser, including U.S. government securities, money market instruments or cash.

Share Price Chart

Loading data...


The chart shows the growth of $10,000 invested in American Funds The Bond Fund of America in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $75,039 for a total return of roughly 650.39%. All prices are adjusted for splits and dividends.

ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ABNDX


American Funds The Bond Fund of America had a return of 2.47% year-to-date (YTD) and -5.14% in the last 12 months. Over the past 10 years, American Funds The Bond Fund of America had an annualized return of 1.52%, while the S&P 500 had an annualized return of 10.16%, indicating that American Funds The Bond Fund of America did not perform as well as the benchmark.

1 month2.20%3.51%
6 months4.44%12.88%
1 year-5.14%-10.71%
5 years (annualized)1.45%9.25%
10 years (annualized)1.52%10.16%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Funds The Bond Fund of America Sharpe ratio is -0.66. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)

Dividend History

American Funds The Bond Fund of America granted a 3.86% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.


Dividend yield


Monthly Dividends

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.


Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds The Bond Fund of America. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Funds The Bond Fund of America is 26.06%, recorded on Sep 30, 1981. It took 1064 trading sessions for the portfolio to recover.



To Bottom


To Recover



-26.06%Jun 18, 1980326Sep 30, 19811064Dec 13, 19851390
-17.32%Jan 5, 2021453Oct 20, 2022
-17.09%Jan 28, 2008211Nov 24, 2008247Nov 17, 2009458
-9.84%Mar 27, 1987143Oct 19, 198769Jan 27, 1988212
-9.78%Jan 17, 198037Mar 10, 198038May 2, 198075
-7.91%Feb 1, 199467May 9, 1994249May 3, 1995316
-6.67%Mar 9, 20209Mar 19, 202018Apr 15, 202027
-5.05%May 3, 201387Sep 5, 2013165May 2, 2014252
-4.69%Jun 16, 200343Aug 14, 200367Nov 18, 2003110
-4.36%Aug 2, 199070Nov 8, 199055Jan 29, 1991125

Volatility Chart

Current American Funds The Bond Fund of America volatility is 9.07%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)