Bond Fund Of America Breakpoints

If these expenses had been deducted results would have been lower.

Bond fund of america breakpoints. Effective april 1 2020 david lee a two decade industry veteran and corporate credit specialist retired from capital group and is no longer a portfolio manager on american funds bond fund of. Information for these funds is included in the table showing funds that have a 3 75 maximum sales charge with a different sales charge schedule. A breakpoint is the dollar amount for the purchase of a load mutual fund s shares that qualifies the investor for a reduced sales charge. Since american funds corporate bond fund s inception through july 29 2016 certain fees such as 12b 1 fees were not charged on class a shares.

Individuals who seek a diversified approach to fixed income investing through a bond fund with a proven track record. Information for these funds is included in the table showing funds that have a 3 75 maximum sales charge with a different sales charge schedule. R squared is a measure of the correlation between a particular return and that of a benchmark index. Analyze the fund american funds intermediate bond fund of america class f 1 having symbol ibffx for type mutual funds and perform research on other mutual funds.

Using the american funds prototype sep or simple ira plan agreement will cause the participant account values to be aggregated for reduced sales charges on class a shares. ǁ excludes american funds tax exempt fund of new york american high income municipal bond fund the tax exempt bond fund of america and the tax exempt fund of california. The bond fund of america may be appropriate for. Breakpoints offer investors a discount for making larger.

Investors seeking a well diversified bond fund to balance their overall portfolios. A measure of 100 indicates that all of the. Income oriented investors who want a solid core holding for their financial programs. In addition the share prices of capital world bond fund american funds strategic bond fund and american funds inflation linked bond fund also decrease when a special dividend is paid.

When the group assets reach a breakpoint all plan participants benefit from the reduced sales charge.