American Funds Intermediate Bond Fund of America (AIBAX)
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
Loading data...
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.61% | -3.13% |
| Year-To-Date | 2.05% | 2.92% |
| 6 months | 1.55% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.80% | -1.74% | ||||||||||
| 2022 | -3.11% | -0.60% | 2.09% | -0.14% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2021 | 453 | Oct 20, 2022 | — | — | — |
| -6.06% | Jan 31, 1994 | 71 | May 9, 1994 | 231 | Mar 28, 1995 | 302 |
| -5.84% | Jan 24, 2008 | 212 | Nov 24, 2008 | 151 | Jul 2, 2009 | 363 |
| -5.46% | Jan 2, 1992 | 52 | Mar 13, 1992 | 79 | Jul 2, 1992 | 131 |
| -3.17% | Mar 9, 2020 | 9 | Mar 19, 2020 | 14 | Apr 8, 2020 | 23 |
| -2.77% | May 3, 2013 | 87 | Sep 5, 2013 | 182 | May 28, 2014 | 269 |
| -2.64% | Nov 5, 2010 | 65 | Feb 8, 2011 | 77 | May 31, 2011 | 142 |
| -2.62% | Sep 11, 2017 | 172 | May 16, 2018 | 159 | Jan 3, 2019 | 331 |
| -2.6% | Oct 6, 1992 | 25 | Nov 9, 1992 | 55 | Jan 25, 1993 | 80 |
| -2.54% | Feb 14, 1996 | 42 | Apr 11, 1996 | 81 | Aug 2, 1996 | 123 |
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.