American Funds Bond Fund of Amer 529C 333 S Hope St - 55th FL (micg) Los Angeles CA 90071 Map
Phone: 800-421-0180
| Category: | Intermediate-Term Bond | | Fund Family: | American Funds | | Net Assets: | 274.66M | | Year-to-Date Return: | -3.67% | | Yield: | 5.01% | | Morningstar Rating: |  | | Fund Inception Date: | 19-Feb-02 |
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Abner D. Goldstine
Lead Manager since
28-May-74 | | | Goldstine is a senior vice president and director of Capital Research and Management, his employer since 1967. Previously, he was a financial economist with the Federal Reserve Bank of Chicago, chief economist with Union Bank of Los Angeles, and chief deputy savings and loan commissioner with the State of California. |
| Min Initial Investment: | $250 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks to provide as high a level of current income as is consistent with the preservation of capital. The fund normally invests at least 80% of assets in bonds and other debt securities. It invests a majority of its assets in debt securities rated A and above, including securities issued and guaranteed by the U.S. and other governments, and securities backed by mortgages and other assets. The fund currently does not invest more than 15% of its assets in debt securities rated Ba and BB or below or in debt securities that are unrated but determined to be of equivalent quality. |
| Last Dividend
(25-Aug-08):
| 0.05 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 58.00% | | Average for Category:
| 200.26% |
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| Expense | CFACX | Category Avg | | Total Expense Ratio: | 1.46%
| 0.98% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.21% | | Max Deferred Sales Load: | 1.00%
| 2.69% | | 3 Yr Expense Projection*: |
$510 | $466 | | 5 Yr Expense Projection*: |
$870 | $718 | | 10 Yr Expense Projection*: |
$1,879 | $1,428 |
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