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American Funds The Bond Fund of America Class F-3 (BFFAX)

Mutual Fund · Currency in USD · Last updated Mar 18, 2023

The American Funds Bond Fund of America (BFFAX) is a well-diversified bond portfolio that invests in various sectors within the bond market to generate active returns. The fund aims to provide a high current income level while preserving capital. It primarily invests in debt securities, including bonds and other instruments such as derivatives, and aims to have at least 80% of its assets in these types of investments. Of these assets, a minimum of 60% are invested in debt securities rated A3 or higher or A- or higher by Nationally Recognized Statistical Ratings Organizations or in unrated securities that are deemed to be of equivalent quality by the fund's investment adviser. These securities may include U.S. government bonds, money market instruments, and 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 Class F-3 in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,876 for a total return of roughly 8.76%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.96%
6.48%
BFFAX (American Funds The Bond Fund of America Class F-3)
Benchmark (^GSPC)

S&P 500

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Return

American Funds The Bond Fund of America Class F-3 had a return of 2.63% year-to-date (YTD) and -5.01% in the last 12 months. Over the past 10 years, American Funds The Bond Fund of America Class F-3 had an annualized return of 1.38%, while the S&P 500 had an annualized return of 9.12%, indicating that American Funds The Bond Fund of America Class F-3 did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.29%-5.31%
Year-To-Date2.63%2.01%
6 months1.91%0.39%
1 year-5.01%-10.12%
5 years (annualized)1.67%7.32%
10 years (annualized)1.38%9.12%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.17%-2.75%
2022-4.48%-1.04%3.69%-0.49%

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 Class F-3 Sharpe ratio is -0.65. 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
-0.65
-0.43
BFFAX (American Funds The Bond Fund of America Class F-3)
Benchmark (^GSPC)

Dividend History

American Funds The Bond Fund of America Class F-3 granted a 4.33% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.


PeriodTTM202220212020201920182017
Dividend$0.50$0.37$0.32$0.74$0.35$0.34$0.12

Dividend yield

4.33%3.24%2.44%5.71%2.97%3.14%1.10%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds The Bond Fund of America Class F-3. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.03
2022$0.02$0.02$0.03$0.03$0.04$0.04$0.04$0.04$0.02$0.02$0.03$0.03
2021$0.02$0.02$0.02$0.02$0.02$0.04$0.02$0.02$0.02$0.02$0.02$0.08
2020$0.03$0.02$0.04$0.04$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.46
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2018$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04
2017$0.02$0.02$0.02$0.03$0.03

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-10.76%
-18.34%
BFFAX (American Funds The Bond Fund of America Class F-3)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds The Bond Fund of America Class F-3. 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 Class F-3 is 16.96%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.96%Sep 15, 2021278Oct 20, 2022
-6.67%Mar 9, 20209Mar 19, 202018Apr 15, 202027
-3.54%Sep 8, 2017173May 16, 2018159Jan 3, 2019332
-3.23%Jan 5, 202151Mar 18, 202194Aug 2, 2021145
-2.08%Sep 5, 20197Sep 13, 201996Jan 31, 2020103
-1.71%Feb 27, 20179Mar 9, 201723Apr 11, 201732
-1.44%Aug 7, 202054Oct 22, 202026Nov 30, 202080
-0.95%Aug 5, 20216Aug 12, 202122Sep 14, 202128
-0.93%Apr 19, 201715May 9, 20176May 17, 201721
-0.92%Jun 27, 20178Jul 7, 201719Aug 3, 201727

Volatility Chart

Current American Funds The Bond Fund of America Class F-3 volatility is 11.32%. 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
11.32%
21.17%
BFFAX (American Funds The Bond Fund of America Class F-3)
Benchmark (^GSPC)