Capital Group Central Corporate Bond Fund
Actively managed U.S. bond fund
As of its 2026 Q2 report, Capital Group Central Corporate Bond Fund held 853 positions with $11.88B in net assets. Its ten largest holdings made up 22.3% of the fund. Over the 12 months to May 2026, CCBFX returned 5.8%, with dividends reinvested. In 2026 Q2 it added 138 new positions and exited 90.
Capital Group Central Corporate Bond Fund is actively managed U.S. bond fund.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
CMQXXCAPITAL GROUP CENTRAL CASH FUND | 11.25% | $1.34B | — |
UNITED STATES TREASURY 4.75% · due 2056-02-15 | 2.87% | $340.82M | — |
UNITED STATES TREASURY 3.88% · due 2031-04-30 | 2.52% | $298.98M | — |
UNITED STATES TREASURY 5.00% · due 2046-05-15 | 1.26% | $150.14M | — |
UNITED STATES TREASURY 4.38% · due 2036-05-15 | 0.89% | $105.28M | — |
PACIFICORP 5.80% · due 2036-04-15 | 0.77% | $91.28M | — |
UNITED STATES TREASURY 3.88% · due 2029-05-15 | 0.74% | $87.81M | — |
RD MICHIGAN PROPERTY OWNER I LLC 7.50% · due 2045-03-30 | 0.69% | $82.56M | — |
ABBOTT LABORATORIES 4.65% · due 2036-03-15 | 0.69% | $82.45M | — |
CHUBB INA HOLDINGS LLC 5.00% · due 2034-03-15 | 0.66% | $78.06M | — |
The 200 largest of 853 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 89.90% |
| Cash & short-term | 11.25% |
| Securitized | 0.79% |
| Derivatives | -0.01% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- Other
- 16.1%
- Financials
- 15.9%
- Health Care
- 12.1%
- Cash
- 11.0%
- 12 other sectors
- 44.8%
- Other
- 16.1%
- Financials
- 15.9%
- Health Care
- 12.1%
- Cash
- 11.0%
- Government
- 8.9%
- Utilities
- 7.7%
- International
- 6.1%
- Industrials
- 5.5%
- Communication Services
- 4.6%
- Information Technology
- 4.0%
- Consumer Discretionary
- 2.4%
- Consumer Staples
- 2.2%
- Real Estate
- 1.0%
- Materials
- 0.8%
- Securitized
- 0.8%
- Energy
- 0.6%
How it has done
CCBFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.47%. Past returns are a record, not a forecast.
Fees & fund details
Capital Group Central Corporate Bond Fund is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
138 new· the largest 4
90 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
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 | 81.7% |
| Floating rate | 18.3% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.5% |
| 1-3y | 6.2% |
| 3-5y | 16.5% |
| 5-10y | 45.4% |
| 10y+ | 30.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
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 nearly 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 | 55% |
| Credit spreads | 45% |
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 | +5.82 yr |
| High yield | -0.23 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.51 yr | 7% |
| 5 yr | 1.97 yr | 29% |
| 10 yr | 2.58 yr | 38% |
| 30 yr | 1.72 yr | 25% |
3 mo is NEGATIVE (-0.00 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.34 yr | 6% |
| 5 yr | 1.50 yr | 27% |
| 10 yr | 2.53 yr | 45% |
| 30 yr | 1.22 yr | 22% |
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 | -0.00 | +0.01 | +0.00 | $15.8k | $73 |
| 1 yr | +0.51 | +0.33 | +0.01 | $393.0k | $6.8k |
| 5 yr | +1.97 | +1.73 | -0.23 | $2.06m | -$279.1k |
| 10 yr | +2.58 | +2.53 | -0.00 | $3.01m | -$2.5k |
| 30 yr | +1.72 | +1.22 | +0.00 | $1.45m | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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