Intermediate Bond Fund of America

Intermediate Bond Fund of America · Series S000009236 · 21 share classes

Bond fund · 95% debt· rate + credit risk filed
One fund, 21 share classes:AIBAXRBOAXRBOBXRBOCXRBOEXRBOFXIBFCXIBFFXCBOAXCBOCXCBOEXCBOFXIBAFXRBOGXREBBXRBOHXIFBFXTIIBXTIBBXFFOOXFIFBX
$28.64B NAV
2,985 positions · as of 2026-02-28 · filed 2026-04-27
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2025 Q4

The funds investment objective is to provide you with current income consistent with the maturity and quality standards described in this prospectus and preservation of capital.

Strategy · summarised

The fund invests primarily in investment-grade bonds and debt securities with a dollar-weighted average maturity between three and five years, selecting securities rated A or better or determined by the adviser to be of equivalent quality, with up to 10% in BBB-rated or equivalent securities. The fund may also hold mortgage-backed securities, asset-backed securities, inflation-linked bonds, and derivatives such as futures and swaps. Multiple portfolio managers oversee segments of the portfolio, with securities selected based on the adviser's judgment of relative value and sold when they no longer appear attractively priced. Because security selection depends on the adviser's assessment of value, fund performance will diverge from any benchmark.

Expenses
0.25% 1.40%across 21 share classes
Share classExpense ratio
AIBAX0.65%
RBOAX1.31%
RBOBX1.31%
RBOCX0.89%
RBOEX0.59%
RBOFX0.30%
IBFCX1.35%
IBFFX0.68%
CBOAX0.63%
CBOCX1.40%
CBOEX0.83%
CBOFX0.73%
IBAFX0.36%
RBOGX0.25%
REBBX1.03%
RBOHX0.40%
IFBFX0.25%
TIIBX0.65%
TIBBX0.60%
FFOOX0.34%
FIFBX0.30%

Portfolio turnover 236.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

103.27%
of net assets
Bonds50.95%
Securitized43.82%
Cash & short-term8.40%
Derivatives0.10%
Stocks0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 401 new265 exited

Largest new: UNITED STATES TREASURY ×5, UNIFORM MBS ×3

Largest exited: UNITED STATES TREASURY ×3, UNIFORM MBS ×5

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Mar 2023 – Feb 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28

Avg coupon
4.33%
Avg maturity
11.76 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

16%
floating
Fixed rate84.5%
Floating rate15.5%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y6.2%
1-3y18.9%
3-5y24.1%
5-10y15.6%
10y+35.2%
Flagged holdings
Defaulted: 0.03% · $9.18M · 1 positions
In arrears: none reported
Paid in kind: none reported

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1

Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.

Interest-rate duration
3.75 yr
approx. move per 100bp
Credit-spread duration
1.39 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ -5.0%
of value
Interest rates73%
Credit spreads27%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+1.39
yrs total
Investment grade+1.27 yr
High yield+0.12 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate3.75 yr total
1 yr30 yr
1 yr1.13 yr30%
5 yr1.78 yr47%
10 yr0.46 yr12%
30 yr0.41 yr11%

3 mo is NEGATIVE (-0.04 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.

Credit spread1.39 yr total
3 mo30 yr
3 mo0.02 yr1%
1 yr0.33 yr24%
5 yr0.70 yr50%
10 yr0.31 yr22%
30 yr0.03 yr2%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo-0.04+0.02+0.00$50.6k$5.1k
1 yr+1.13+0.30+0.03$867.2k$82.6k
5 yr+1.78+0.64+0.06$1.83m$182.3k
10 yr+0.46+0.29+0.02$832.2k$55.7k
30 yr+0.41+0.02+0.01$66.5k$22.2k

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
CAPITAL GROUP CENTRAL CASH FUND8.40%$2.41B
UNITED STATES TREASURY3.50% · due 2028-01-314.05%$1.16B
UNITED STATES TREASURY3.75% · due 2031-01-313.73%$1.07B
UNITED STATES TREASURY4.25% · due 2029-02-283.56%$1.02B
UNITED STATES TREASURY4.38% · due 2026-07-312.76%$790.13M
UNITED STATES TREASURY3.75% · due 2027-06-300.97%$279.05M
UNITED STATES TREASURY4.00% · due 2030-05-310.87%$248.99M
UNIFORM MBS2.00% · due 2056-04-010.85%$244.29M
UNITED STATES TREASURY4.50% · due 2029-05-310.81%$230.54M
UNITED STATES TREASURY3.75% · due 2027-08-150.74%$211.92M
Showing 10 of 2,985Sign in to see more

Top 10 positions are 26.74% of net assets, top 25 34.97%, across 1.1K issuers.

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