PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions

American Funds The Bond Fund of America (ABNDX)

Mutual Fund · Currency in USD · Last updated Dec 9, 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.

Summary

Fund Info

ISINUS0978731034
CUSIP097873103
IssuerAmerican Funds
Inception DateMay 28, 1974
CategoryIntermediate Core Bond
Minimum Investment$250
Asset ClassBond

Expense Ratio

The American Funds The Bond Fund of America has a high expense ratio of 0.55%, indicating higher-than-average management fees.


0.55%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in American Funds The Bond Fund of America, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


1,000.00%1,500.00%2,000.00%2,500.00%JulyAugustSeptemberOctoberNovemberDecember
649.33%
2,485.02%
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

Popular comparisons: ABNDX vs. TFBYX, ABNDX vs. VBND, ABNDX vs. GOOGL, ABNDX vs. FOCPX, ABNDX vs. FXAIX, ABNDX vs. FTBFX, ABNDX vs. DIA, ABNDX vs. IEF, ABNDX vs. IMOEX, ABNDX vs. BND

Return

American Funds The Bond Fund of America had a return of 1.82% year-to-date (YTD) and -0.02% in the last 12 months. Over the past 10 years, American Funds The Bond Fund of America had an annualized return of 1.56%, while the S&P 500 had an annualized return of 9.85%, indicating that American Funds The Bond Fund of America did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date1.82%19.92%
1 month2.81%5.06%
6 months0.47%7.11%
1 year-0.02%16.17%
5 years (annualized)1.14%11.84%
10 years (annualized)1.56%9.85%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.25%-0.65%-0.04%-0.65%-2.45%-1.49%4.47%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ABNDX
American Funds The Bond Fund of America
-0.05
^GSPC
S&P 500
1.25

Sharpe Ratio

The current American Funds The Bond Fund of America Sharpe ratio is -0.05. 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.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.05
1.25
ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)

Dividend History

American Funds The Bond Fund of America granted a 3.59% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.40$0.31$0.22$0.69$0.48$0.30$0.24$0.20$0.25$0.27$0.30$0.33

Dividend yield

3.59%2.71%1.62%5.03%3.66%2.38%1.84%1.55%2.01%2.13%2.38%2.57%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.02$0.04$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04
2022$0.02$0.02$0.02$0.03$0.04$0.02$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$0.02
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$0.02$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.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-12.37%
-4.01%
ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)

Worst Drawdowns

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 17.75%, occurring on Oct 24, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.75%Jan 5, 2021455Oct 24, 2022
-17.09%Feb 4, 2008205Nov 24, 2008247Nov 17, 2009452
-11.35%Mar 3, 1987165Oct 19, 198779Feb 5, 1988244
-7.91%Feb 1, 199470May 9, 1994257May 3, 1995327
-6.67%Mar 9, 20209Mar 19, 202018Apr 15, 202027

Volatility Chart

The current American Funds The Bond Fund of America volatility is 2.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.36%
2.77%
ABNDX (American Funds The Bond Fund of America)
Benchmark (^GSPC)