American Funds The Bond Fund of America (ABNDX)
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
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Performance
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.
Compare to other instruments
Return
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 2.20% | 3.51% |
| Year-To-Date | 2.47% | 7.03% |
| 6 months | 4.44% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.14% | -2.78% | ||||||||||
| 2022 | -4.51% | -1.07% | 3.66% | -0.52% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.32 | $0.27 | $0.69 | $0.48 | $0.30 | $0.24 | $0.20 | $0.25 | $0.27 | $0.30 | $0.33 |
Dividend yield | 3.86% | 2.85% | 2.08% | 5.29% | 4.06% | 2.74% | 2.16% | 1.86% | 2.44% | 2.64% | 3.02% | 3.34% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.03 | $0.02 | ||||||||||
| 2022 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.07 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.45 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.20 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 |
| 2012 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.06% | Jun 18, 1980 | 326 | Sep 30, 1981 | 1064 | Dec 13, 1985 | 1390 |
| -17.32% | Jan 5, 2021 | 453 | Oct 20, 2022 | — | — | — |
| -17.09% | Jan 28, 2008 | 211 | Nov 24, 2008 | 247 | Nov 17, 2009 | 458 |
| -9.84% | Mar 27, 1987 | 143 | Oct 19, 1987 | 69 | Jan 27, 1988 | 212 |
| -9.78% | Jan 17, 1980 | 37 | Mar 10, 1980 | 38 | May 2, 1980 | 75 |
| -7.91% | Feb 1, 1994 | 67 | May 9, 1994 | 249 | May 3, 1995 | 316 |
| -6.67% | Mar 9, 2020 | 9 | Mar 19, 2020 | 18 | Apr 15, 2020 | 27 |
| -5.05% | May 3, 2013 | 87 | Sep 5, 2013 | 165 | May 2, 2014 | 252 |
| -4.69% | Jun 16, 2003 | 43 | Aug 14, 2003 | 67 | Nov 18, 2003 | 110 |
| -4.36% | Aug 2, 1990 | 70 | Nov 8, 1990 | 55 | Jan 29, 1991 | 125 |
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.