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American Funds Intermediate Bond Fund of America (AIBAX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The fund maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity of no less than three years and no greater than five years under normal market conditions. It invests primarily in bonds and other debt securities with quality ratings of A- or better or A3 or better or unrated but determined to be of equivalent quality by the fund's investment adviser. The fund primarily invests in debt securities denominated in U.S. dollars.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in American Funds Intermediate Bond Fund of America in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $40,131 for a total return of roughly 301.31%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.83%
7.43%
AIBAX (American Funds Intermediate Bond Fund of America)
Benchmark (^GSPC)

S&P 500

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Return

American Funds Intermediate Bond Fund of America had a return of 2.05% year-to-date (YTD) and -3.06% in the last 12 months. Over the past 10 years, American Funds Intermediate Bond Fund of America had an annualized return of 1.04%, while the S&P 500 had an annualized return of 9.86%, indicating that American Funds Intermediate Bond Fund of America did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.61%-3.13%
Year-To-Date2.05%2.92%
6 months1.55%2.02%
1 year-3.06%-11.46%
5 years (annualized)1.57%7.79%
10 years (annualized)1.04%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.80%-1.74%
2022-3.11%-0.60%2.09%-0.14%

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 Intermediate Bond Fund of America Sharpe ratio is -0.54. 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.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.54
-0.45
AIBAX (American Funds Intermediate Bond Fund of America)
Benchmark (^GSPC)

Dividend History

American Funds Intermediate Bond Fund of America granted a 2.61% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.33$0.27$0.12$0.45$0.48$0.22$0.15$0.23$0.19$0.17$0.18$0.24

Dividend yield

2.61%2.15%0.93%3.36%3.81%1.83%1.25%1.96%1.65%1.45%1.59%2.07%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.02
2022$0.01$0.01$0.02$0.02$0.03$0.02$0.03$0.04$0.01$0.02$0.03$0.03
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.01$0.01$0.01$0.02
2020$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.30
2019$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.25
2018$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2017$0.01$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.01
2016$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.08
2015$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.03
2014$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2013$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.02$0.01$0.01
2012$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-6.52%
-17.62%
AIBAX (American Funds Intermediate Bond Fund of America)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds Intermediate 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 Intermediate Bond Fund of America is 10.99%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.99%Jan 5, 2021453Oct 20, 2022
-6.06%Jan 31, 199471May 9, 1994231Mar 28, 1995302
-5.84%Jan 24, 2008212Nov 24, 2008151Jul 2, 2009363
-5.46%Jan 2, 199252Mar 13, 199279Jul 2, 1992131
-3.17%Mar 9, 20209Mar 19, 202014Apr 8, 202023
-2.77%May 3, 201387Sep 5, 2013182May 28, 2014269
-2.64%Nov 5, 201065Feb 8, 201177May 31, 2011142
-2.62%Sep 11, 2017172May 16, 2018159Jan 3, 2019331
-2.6%Oct 6, 199225Nov 9, 199255Jan 25, 199380
-2.54%Feb 14, 199642Apr 11, 199681Aug 2, 1996123

Volatility Chart

Current American Funds Intermediate Bond Fund of America volatility is 12.25%. 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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
12.25%
20.82%
AIBAX (American Funds Intermediate Bond Fund of America)
Benchmark (^GSPC)