Performance
Trailing returns
| 1 day | +0.10% |
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| 1 week |
| -0.14% | |||
| 4 week | +1.77% |
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| 3 month | +3.51% |
| |||
| YTD | +4.96% |
| |||
| 1 year | +14.31% |
| |||
| 3 years* | +10.31% |
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| 5 years* | +8.38% |
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| *annualized | |||||
| Best 3 month return | +20.07% | |
| Worst 3 month return | -28.73% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Below Average | Average |
 
|
| 5 years | Below Average | Average |
|
| 10 years | Average | Average |
|
| Overall | Average | Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 21.29B | |
| Front load | 3.75% | |
| Deferred load | - | |
| Expense ratio | 0.69% | |
| Management fee | - | |
| Fund family | American Funds |
Asset allocation
| Cash | 3.19% | |
| Stocks | 1.17% | |
| Bonds | 86.70% | |
| Preferred | 2.15% | |
| Convertible | 0.30% | |
| Other | 6.49% |
Purchase information
| Initial | US$250 | |
| Additional | US$50 | |
| IRA Initial | US$250 |
11.650.00(0.00%)
May 20, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by a nationally recognized statistical rating organization or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
David Daigle (Started: Dec 1, 2003)
Marcus Linden (Started: Dec 1, 2004)
David Barclay (Started: Dec 1, 1989)
Abner Goldstine (Started: Dec 1, 1997)
David Daigle (Started: Dec 1, 2003)
Marcus Linden (Started: Dec 1, 2004)
David Barclay (Started: Dec 1, 1989)
Abner Goldstine (Started: Dec 1, 1997)
American Funds, 4 Embarcadero Center P.O. Box 7650, San Francisco, CA 94120, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 12.97 | 11.46 | 3.88 | 4.85 | |
| Beta* | -0.32 | -0.45 | 0.89 | 0.60 | |
| Mean annual return | 0.99 | 0.76 | 0.75 | 0.71 | |
| R-squared* | 3.48 | 2.39 | 6.21 | 5.00 | |
| Standard deviation | 3.37 | 7.08 | 12.74 | 9.63 | |
| Sharpe ratio | 3.51 | 1.28 | 0.68 | 0.70 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| First Data 11.25% | 1.13% | |
| Wind Acquisition Fin Sa 144A 11.75% | 1.07% | |
| Reynolds Grp Issuer 5.75% | 0.88% | |
| Leap Wireless Tl-C (L+350) (Flr 1.25) 4.75% 04-16-20 | 0.86% | |
| Cricket Comms 7.75% | 0.83% | |
| Realogy 144A 7.875% | 0.77% | |
| Associated Matls 9.125% | 0.76% | |
| Inmet Mng 144A 8.75% | 0.74% | |
| Ply Gem Inds 8.25% | 0.72% | |
| Cit Grp 144A 4.75% | 0.68% |