American Funds The Bond Fund of America Class F-3 (BFFAX)
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.
Fund Info
| ISIN | US0978737726 |
|---|---|
| CUSIP | 097873772 |
| Issuer | American Funds |
| Inception Date | May 28, 1974 |
| Category | Intermediate Core Bond |
| Min. Investment | $250 |
| Home Page | www.capitalgroup.com |
| Asset Class | Bond |
Expense Ratio
The American Funds The Bond Fund of America Class F-3 has a high expense ratio of 0.20%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds The Bond Fund of America Class F-3, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds The Bond Fund of America Class F-3 had a return of -3.19% year-to-date (YTD) and -0.59% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.19% | 5.05% |
| 1 month | -2.11% | -4.27% |
| 6 months | 5.32% | 18.82% |
| 1 year | -0.59% | 21.22% |
| 5 years (annualized) | 0.36% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.06% | -1.57% | 0.92% | |||||||||
| 2023 | -2.42% | -1.46% | 4.50% | 3.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
American Funds The Bond Fund of America Class F-3(BFFAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds The Bond Fund of America Class F-3 (BFFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds The Bond Fund of America Class F-3 granted a 4.37% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.45 | $0.35 | $0.24 | $0.74 | $0.35 | $0.34 | $0.14 |
Dividend yield | 4.37% | 3.94% | 3.09% | 1.79% | 5.38% | 2.66% | 2.72% | 1.11% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | |||||||||
| 2023 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2022 | $0.02 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 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 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds The Bond Fund of America Class F-3. 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 Class F-3 was 17.39%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current American Funds The Bond Fund of America Class F-3 drawdown is 11.97%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.39% | Sep 15, 2021 | 278 | Oct 20, 2022 | — | — | — |
| -6.67% | Mar 9, 2020 | 9 | Mar 19, 2020 | 18 | Apr 15, 2020 | 27 |
| -3.55% | Sep 8, 2017 | 173 | May 16, 2018 | 159 | Jan 3, 2019 | 332 |
| -3.23% | Jan 5, 2021 | 51 | Mar 18, 2021 | 124 | Sep 14, 2021 | 175 |
| -2.09% | Sep 5, 2019 | 7 | Sep 13, 2019 | 96 | Jan 31, 2020 | 103 |
Volatility
Volatility Chart
The current American Funds The Bond Fund of America Class F-3 volatility is 1.96%, 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.