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.
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.29% | -5.31% |
| Year-To-Date | 2.63% | 2.01% |
| 6 months | 1.91% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.17% | -2.75% | ||||||||||
| 2022 | -4.48% | -1.04% | 3.69% | -0.49% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2021 | 278 | Oct 20, 2022 | — | — | — |
| -6.67% | Mar 9, 2020 | 9 | Mar 19, 2020 | 18 | Apr 15, 2020 | 27 |
| -3.54% | Sep 8, 2017 | 173 | May 16, 2018 | 159 | Jan 3, 2019 | 332 |
| -3.23% | Jan 5, 2021 | 51 | Mar 18, 2021 | 94 | Aug 2, 2021 | 145 |
| -2.08% | Sep 5, 2019 | 7 | Sep 13, 2019 | 96 | Jan 31, 2020 | 103 |
| -1.71% | Feb 27, 2017 | 9 | Mar 9, 2017 | 23 | Apr 11, 2017 | 32 |
| -1.44% | Aug 7, 2020 | 54 | Oct 22, 2020 | 26 | Nov 30, 2020 | 80 |
| -0.95% | Aug 5, 2021 | 6 | Aug 12, 2021 | 22 | Sep 14, 2021 | 28 |
| -0.93% | Apr 19, 2017 | 15 | May 9, 2017 | 6 | May 17, 2017 | 21 |
| -0.92% | Jun 27, 2017 | 8 | Jul 7, 2017 | 19 | Aug 3, 2017 | 27 |
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.