American Funds The Bond Fund of America (FBOFX)
| Fund Assets | 93.91B |
| Expense Ratio | 0.30% |
| Min. Investment | $250 |
| Turnover | 370.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.49% |
| Dividend Growth | 2.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.39 |
| YTD Return | 2.63% |
| 1-Year Return | 1.14% |
| 5-Year Return | n/a |
| 52-Week Low | 11.00 |
| 52-Week High | 11.73 |
| Beta (5Y) | n/a |
| Holdings | 5343 |
| Inception Date | Oct 30, 2020 |
About FBOFX
American Funds The Bond Fund of America 529-F-3 is an open-end mutual fund focused on generating current income while preserving capital. Structured as an intermediate core bond fund, it typically holds at least 80% of its assets in a diversified mix of bonds, including U.S. government securities, corporate bonds, and money market instruments. Its portfolio is predominantly composed of U.S. bonds, with a meaningful allocation to non-U.S. issues, providing broad exposure to fixed income markets. The fund is actively managed and maintains a relatively high portfolio turnover, adapting to changing market conditions to optimize income and manage risk. With over $90 billion in assets and more than 1,400 unique issuers, it stands out as one of the largest bond funds available. The fund pays dividends monthly, targeting consistent income for investors, and falls within the 529 share class structure designed for college savings plans, accommodating a range of educational investment goals. Its risk profile and performance are benchmarked against broad U.S. aggregate bond indices, making it a significant player in the fixed income segment for those seeking stable income and capital preservation over time.
Performance
FBOFX had a total return of 1.14% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
15.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 7.48% |
| United States Treasury Notes 3.75% | T.3.75 06.30.27 | 1.46% |
| United States Treasury Notes 4.375% | T.4.375 07.31.26 | 1.40% |
| United States Treasury Notes 3.875% | T.3.875 06.30.30 | 1.26% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 8.11 | 0.92% |
| United States Treasury Notes 4.625% | T.4.625 09.30.30 | 0.65% |
| United States Treasury Notes 3.875% | T.3.875 05.31.27 | 0.61% |
| United States Treasury Bonds 4.75% | T.4.75 05.15.55 | 0.60% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 8.11 | 0.60% |
| United States Treasury Notes 4.875% | T.4.875 10.31.30 | 0.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04329 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04198 | Jul 1, 2025 |
| May 30, 2025 | $0.04288 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04225 | May 1, 2025 |
| Mar 31, 2025 | $0.04314 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04007 | Mar 3, 2025 |