Intermediate Bond Fund of America®

American Funds®

Share Class A

Bond 
 fund Bond
 
Overview

Intermediate Bond Fund of America may be appropriate for:

  • An intermediate-term investment with potential for higher income than from short-term investments, which offer more stable principal
  • A degree of balance for a long-term portfolio
  • An asset-building tool to help meet future needs, such as a new home or college tuition

Objective

The fund's investment objective is to provide current income consistent with its maturity and quality standards described in the prospectus and preservation of capital.

Manager

The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest and most respected investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.

Fund information
  • Began operations: 2/19/88
  • Expense ratio:* 0.60%
  • Investment expenses paid annually:† $6.00 for a $1,000 balance
  • Ticker symbol: AIBAX
Investments

The fund seeks to invest primarily in corporate bonds, U.S. government bonds or notes, GNMA certificates and other mortgage-related securities, as well as cash. The portfolio will have an average dollar-weighted maturity of no more than five years. Normally, at least 80% of assets will be invested in bonds, including debt instruments and cash equivalents. The fund will primarily invest in bonds rated A or higher at the time of purchase (or unrated but determined to be of comparable quality by the fund's investment adviser). However, up to 10% of assets may be invested in securities rated Baa/BBB.

Where the fund was invested
fund holdings
 
Past results

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. 

HistReturn
Average annual total returns through 12/31/18
  Latest10 years Latest5 years Latest3 years Latestyear
At net asset value 2.20% 1.17% 1.00% 0.92%
At maximum offering price
(Class A shares, with 2.50% maximum sales charge)
1.94% 0.66% 0.16% -1.59%
 

 

Investment results reflect the deduction of applicable fees and expenses and the reinvestment of all distributions. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.

The maximum sales charge was 3.75% prior to November 1, 2006.