Bond Fund of America
Bond Fund of America · Series S000009231 · 21 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
The funds investment objective is to provide as high a level of current income as is consistent with the preservation of capital.
The fund invests primarily in investment-grade bonds rated A3/A- or better, U.S. government securities, and money market instruments, with up to 5% in high-yield debt rated Ba1/BB+ or below. Multiple portfolio managers oversee separate segments of the portfolio, selecting securities the investment adviser judges to offer attractive long-term value. Because security selection depends on the managers' judgment of relative value rather than a benchmark index, fund holdings and returns will differ from any particular bond index.
| Share class | Gross | Net | As of |
|---|---|---|---|
| ABNDX | 0.59% | 0.61% | 2025 Q1 |
| RBFAX | 1.32% | 1.33% | 2025 Q1 |
| RBFBX | 1.32% | 1.33% | 2025 Q1 |
| RBFCX | 0.88% | 0.89% | 2025 Q1 |
| RBFEX | 0.57% | 0.58% | 2025 Q1 |
| RBFFX | 0.28% | 0.29% | 2025 Q1 |
| BFACX | 1.34% | 1.35% | 2025 Q1 |
| BFAFX | 0.64% | 0.65% | 2025 Q1 |
| CFAAX | 0.61% | 0.65% | 2025 Q1 |
| CFACX | 1.37% | 1.40% | 2025 Q1 |
| CFAEX | 0.81% | 0.84% | 2025 Q1 |
| CFAFX | 0.69% | 0.71% | 2025 Q1 |
| ABNFX | 0.34% | 0.35% | 2025 Q1 |
| RBFGX | 0.23% | 0.24% | 2025 Q1 |
| RBEBX | 1.03% | 1.04% | 2025 Q1 |
| RBFHX | 0.38% | 0.39% | 2025 Q1 |
| BFFAX | 0.23% | 0.24% | 2025 Q1 |
| TFBFX | 0.63% | 0.65% | 2025 Q1 |
| TBFFX | 0.58% | 0.60% | 2025 Q1 |
| FFBOX | 0.33% | 0.35% | 2025 Q1 |
| FBOFX | 0.28% | 0.29% | 2025 Q1 |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 228.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 66.15% |
| Securitized | 30.49% |
| Cash & short-term | 6.88% |
| Loans | 0.28% |
| 2 smaller | 0.26% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: UNIFORM MBS ×5, UNITED STATES TREASURY ×3
Largest exited: UNIFORM MBS ×5, UNITED STATES TREASURY ×2, FEDERAL HOME LOAN MORTGAGE CORP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +3.72% | +9.78% | +0.25% | 3.55% | -6.37% | |
| +2.96% | +7.42% | -3.31% | 3.55% | -6.71% | |
| +2.96% | +7.43% | -3.34% | 3.55% | -6.71% | |
| +3.42% | +8.87% | -1.16% | 3.55% | -6.50% | |
| +3.73% | +9.85% | +0.34% | 3.55% | -6.36% | |
| +4.03% | +10.82% | +1.83% | 3.55% | -6.22% | |
| +2.95% | +7.36% | -3.41% | 3.55% | -6.73% | |
| +3.67% | +9.64% | +0.04% | 3.55% | -6.39% | |
| +3.68% | +9.66% | +0.06% | 3.55% | -6.39% | |
| +2.90% | +7.21% | -3.65% | 3.55% | -6.75% | |
| +3.47% | +9.03% | -0.91% | 3.55% | -6.48% | |
| +3.87% | +10.29% | +1.02% | 3.55% | -6.29% | |
| +3.97% | +10.62% | +1.52% | 3.55% | -6.25% | |
| +4.09% | +10.99% | +2.09% | 3.55% | -6.19% | |
| +3.26% | +8.37% | -1.92% | 3.55% | -6.57% | |
| +3.93% | +10.50% | +1.34% | 3.55% | -6.26% | |
| +4.09% | +10.99% | +2.09% | 3.55% | -6.20% | |
| +3.92% | +10.41% | +1.25% | 3.55% | -6.28% | |
| +4.00% | +10.66% | +1.58% | 3.55% | -6.25% | |
| +3.98% | +10.64% | +1.56% | 3.55% | -6.25% | |
| +4.01% | +10.80% | +1.76% | 3.55% | -6.22% |
These classes hold the same portfolio, so the 5.74pp spread over 5 years is the cost difference between them — roughly 1.15pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 87.4% |
| Floating rate | 12.6% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 5.4% |
| 1-3y | 14.9% |
| 3-5y | 19.3% |
| 5-10y | 21.9% |
| 10y+ | 38.6% |
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 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying a small fraction as much.
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.
| Interest rates | 76% |
| Credit spreads | 24% |
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.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.88 yr |
| High yield | +0.13 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.86 yr | 13% |
| 5 yr | 1.99 yr | 31% |
| 10 yr | 2.25 yr | 35% |
| 30 yr | 1.34 yr | 21% |
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.29 yr | 15% |
| 5 yr | 0.76 yr | 38% |
| 10 yr | 0.66 yr | 33% |
| 30 yr | 0.27 yr | 14% |
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
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.01 | +0.00 | $118.5k | $17.6k |
| 1 yr | +0.86 | +0.25 | +0.04 | $2.52m | $409.1k |
| 5 yr | +1.99 | +0.72 | +0.04 | $7.20m | $439.8k |
| 10 yr | +2.25 | +0.63 | +0.03 | $6.32m | $333.7k |
| 30 yr | +1.34 | +0.27 | +0.01 | $2.69m | $66.6k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.44 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| CMQXX | CAPITAL GROUP CENTRAL CASH FUNDCMQXX | 6.88% | $6.91B | — |
| — | UNITED STATES TREASURY4.75% · due 2056-02-15 | 1.75% | $1.76B | — |
| — | UNITED STATES TREASURY3.88% · due 2030-07-31 | 1.35% | $1.35B | — |
| — | UNITED STATES TREASURY4.38% · due 2026-07-31 | 1.22% | $1.22B | — |
| — | UNIFORM MBS2.50% · due 2056-08-01 | 1.18% | $1.18B | — |
| — | UNITED STATES TREASURY3.88% · due 2027-07-31 | 1.16% | $1.16B | — |
| — | UNITED STATES TREASURY4.38% · due 2036-05-15 | 1.15% | $1.16B | — |
| — | UNITED STATES TREASURY3.50% · due 2027-10-31 | 1.03% | $1.03B | — |
| — | UNITED STATES TREASURY3.75% · due 2027-06-30 | 0.85% | $851.13M | — |
| — | UNITED STATES TREASURY3.50% · due 2027-09-30 | 0.81% | $817.65M | — |
Top 10 positions are 17.37% of net assets, top 25 25.54%, across 1.6K issuers.
See more of this fund's book
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