Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
4.3%
1 yr return
7.3%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
0.6%
Net Assets
$1.93 B
Holdings in Top 10
17.5%
Expense Ratio 0.91%
Front Load N/A
Deferred Load N/A
Turnover 146.00%
Redemption Fee N/A
Standard (Taxable)
$250
IRA
$25
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund seeks to provide maximum total return consistent with capital preservation and prudent risk management by investing primarily in investment-grade corporate debt securities, such as bonds. Normally, at least 80% of the fund’s assets will be invested in corporate debt securities, which may be represented by derivatives and cash equivalents (including shares of money market or similar funds managed by the investment adviser or its affiliates). The fund will also normally invest all of its assets in debt instruments (including bonds, mortgage- and other asset-backed securities) with quality ratings of Baa3 or better or BBB- or better by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser or in debt instruments that are unrated but determined at the time of purchase to be of equivalent quality by the fund’s investment adviser. However, the fund may invest in debt securities guaranteed or sponsored by the U.S. government, as well as debt issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government, without regard to the quality rating assigned to the U.S. government by a Nationally Recognized Statistical Rating Organization. Additionally, the fund may invest in cash, and cash equivalents (including shares of money market or similar funds managed by the investment adviser or its affiliates). The fund may also invest in derivatives instruments (but excluding any derivatives instruments that are rated below Baa3 and BBB- by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser or are unrated but determined at the time of purchase to be of equivalent quality by the fund’s investment adviser).
The fund may invest significantly in debt securities tied economically to countries outside the United States, including developing countries. All securities held by the fund will be denominated in U.S. dollars.
The fund may invest in futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index.
The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
Period | COBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -0.6% | 9.1% | 86.05% |
1 Yr | 7.3% | 2.1% | 12.3% | 82.56% |
3 Yr | -2.3%* | -7.4% | 41.3% | 83.04% |
5 Yr | 0.6%* | -6.8% | 25.8% | 71.70% |
10 Yr | N/A* | 0.2% | 14.6% | N/A |
* Annualized
Period | COBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | -5.6% | 6.3% | 68.60% |
2022 | -18.0% | -28.7% | 142.1% | 34.50% |
2021 | -3.6% | -12.3% | 4.9% | 32.14% |
2020 | 8.2% | -8.0% | 10.6% | 11.59% |
2019 | 9.3% | 4.3% | 13.4% | 72.73% |
Period | COBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -0.6% | 9.1% | 86.05% |
1 Yr | 7.3% | 2.1% | 12.3% | 82.56% |
3 Yr | -2.3%* | -7.4% | 41.3% | 83.04% |
5 Yr | 0.6%* | -6.8% | 25.8% | 71.70% |
10 Yr | N/A* | 0.2% | 14.6% | N/A |
* Annualized
Period | COBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -5.6% | 12.9% | 82.56% |
2022 | -16.1% | -25.6% | 151.8% | 49.71% |
2021 | 0.4% | -5.1% | 7.5% | 20.83% |
2020 | 14.3% | -8.0% | 116.0% | 10.37% |
2019 | 13.5% | 6.7% | 17.4% | 68.83% |
COBEX | Category Low | Category High | COBEX % Rank | |
---|---|---|---|---|
Net Assets | 1.93 B | 17.6 M | 47.3 B | 32.56% |
Number of Holdings | 739 | 4 | 10364 | 34.30% |
Net Assets in Top 10 | 335 M | -29.6 M | 3.03 B | 31.98% |
Weighting of Top 10 | 17.48% | 1.7% | 143.7% | 29.07% |
Weighting | Return Low | Return High | COBEX % Rank | |
---|---|---|---|---|
Bonds | 94.74% | 0.00% | 136.47% | 74.42% |
Cash | 5.44% | -43.80% | 45.89% | 23.84% |
Convertible Bonds | 4.38% | 0.00% | 78.47% | 55.23% |
Other | 0.92% | -5.08% | 9.86% | 41.86% |
Stocks | 0.00% | 0.00% | 99.98% | 70.93% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 68.02% |
Weighting | Return Low | Return High | COBEX % Rank | |
---|---|---|---|---|
Corporate | 86.34% | 41.80% | 99.52% | 56.40% |
Government | 6.09% | 0.00% | 25.63% | 46.51% |
Cash & Equivalents | 5.44% | 0.00% | 45.89% | 22.09% |
Securitized | 1.16% | 0.00% | 23.18% | 52.33% |
Municipal | 0.39% | 0.00% | 3.37% | 35.47% |
Derivative | 0.01% | -2.44% | 2.14% | 49.42% |
Weighting | Return Low | Return High | COBEX % Rank | |
---|---|---|---|---|
US | 94.74% | 0.00% | 112.17% | 62.79% |
Non US | 0.00% | 0.00% | 47.05% | 75.00% |
COBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.03% | 3.33% | 36.69% |
Management Fee | 0.25% | 0.00% | 1.35% | 28.49% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 58.11% |
Administrative Fee | 0.05% | 0.02% | 0.45% | 37.84% |
COBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
COBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
COBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 146.00% | 0.00% | 259.00% | 92.35% |
COBEX | Category Low | Category High | COBEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.69% | 0.00% | 6.00% | 82.56% |
COBEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
COBEX | Category Low | Category High | COBEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.30% | 0.38% | 5.93% | 92.35% |
COBEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.030 | OrdinaryDividend |
Oct 31, 2024 | $0.031 | OrdinaryDividend |
Sep 30, 2024 | $0.031 | OrdinaryDividend |
Aug 30, 2024 | $0.030 | OrdinaryDividend |
Jul 31, 2024 | $0.031 | OrdinaryDividend |
Apr 30, 2024 | $0.029 | OrdinaryDividend |
Mar 28, 2024 | $0.029 | OrdinaryDividend |
Feb 29, 2024 | $0.027 | OrdinaryDividend |
Jan 31, 2024 | $0.030 | OrdinaryDividend |
Dec 29, 2023 | $0.030 | OrdinaryDividend |
Nov 30, 2023 | $0.026 | OrdinaryDividend |
Oct 31, 2023 | $0.026 | OrdinaryDividend |
Sep 29, 2023 | $0.027 | OrdinaryDividend |
Aug 31, 2023 | $0.027 | OrdinaryDividend |
Jul 31, 2023 | $0.025 | OrdinaryDividend |
Jun 30, 2023 | $0.025 | OrdinaryDividend |
May 31, 2023 | $0.025 | OrdinaryDividend |
Apr 28, 2023 | $0.023 | OrdinaryDividend |
Mar 31, 2023 | $0.025 | OrdinaryDividend |
Feb 28, 2023 | $0.021 | OrdinaryDividend |
Jan 31, 2023 | $0.023 | OrdinaryDividend |
Dec 30, 2022 | $0.026 | OrdinaryDividend |
Nov 30, 2022 | $0.023 | OrdinaryDividend |
Oct 31, 2022 | $0.020 | OrdinaryDividend |
Sep 30, 2022 | $0.019 | OrdinaryDividend |
Aug 31, 2022 | $0.019 | OrdinaryDividend |
Jul 29, 2022 | $0.018 | OrdinaryDividend |
Jun 30, 2022 | $0.018 | OrdinaryDividend |
May 31, 2022 | $0.018 | OrdinaryDividend |
Apr 29, 2022 | $0.015 | OrdinaryDividend |
Mar 31, 2022 | $0.014 | OrdinaryDividend |
Feb 28, 2022 | $0.013 | OrdinaryDividend |
Jan 31, 2022 | $0.014 | OrdinaryDividend |
Dec 31, 2021 | $0.013 | OrdinaryDividend |
Nov 30, 2021 | $0.013 | OrdinaryDividend |
Oct 29, 2021 | $0.013 | OrdinaryDividend |
Sep 30, 2021 | $0.013 | OrdinaryDividend |
Aug 31, 2021 | $0.013 | OrdinaryDividend |
Jul 30, 2021 | $0.012 | OrdinaryDividend |
Jun 30, 2021 | $0.013 | OrdinaryDividend |
May 28, 2021 | $0.012 | OrdinaryDividend |
Apr 30, 2021 | $0.012 | OrdinaryDividend |
Mar 31, 2021 | $0.010 | OrdinaryDividend |
Feb 26, 2021 | $0.011 | OrdinaryDividend |
Jan 29, 2021 | $0.011 | OrdinaryDividend |
Dec 31, 2020 | $0.012 | OrdinaryDividend |
Dec 31, 2020 | $0.216 | CapitalGainShortTerm |
Dec 31, 2020 | $0.100 | CapitalGainLongTerm |
Nov 30, 2020 | $0.012 | OrdinaryDividend |
Oct 30, 2020 | $0.013 | OrdinaryDividend |
Sep 30, 2020 | $0.014 | OrdinaryDividend |
Aug 31, 2020 | $0.012 | OrdinaryDividend |
Jul 31, 2020 | $0.015 | OrdinaryDividend |
Jun 30, 2020 | $0.015 | OrdinaryDividend |
May 29, 2020 | $0.017 | OrdinaryDividend |
Apr 30, 2020 | $0.017 | OrdinaryDividend |
Mar 31, 2020 | $0.019 | OrdinaryDividend |
Feb 28, 2020 | $0.014 | OrdinaryDividend |
Jan 31, 2020 | $0.018 | OrdinaryDividend |
Dec 31, 2019 | $0.018 | OrdinaryDividend |
Dec 31, 2019 | $0.124 | CapitalGainShortTerm |
Nov 29, 2019 | $0.018 | OrdinaryDividend |
Oct 31, 2019 | $0.020 | OrdinaryDividend |
Sep 30, 2019 | $0.020 | OrdinaryDividend |
Aug 30, 2019 | $0.020 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
Jun 28, 2019 | $0.020 | OrdinaryDividend |
Dec 29, 2017 | $0.020 | CapitalGainShortTerm |
Dec 29, 2017 | $0.008 | CapitalGainLongTerm |
Dec 30, 2016 | $0.067 | CapitalGainShortTerm |
Dec 30, 2016 | $0.006 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Jan 01, 2018
4.41
4.4%
Scott Sykes is a fixed income portfolio manager at Capital Group. He has 21 years of investment experience and has been with Capital Group for 16 years. Earlier in his career at Capital, he was an investment analyst covering investment-grade telecom and cable, high-yield shipping, metals and mining, as well as U.S. banks and exchanges. Prior to joining Capital, Scott was a financial analyst with Goldman Sachs & Co. He holds an MBA in finance from the Wharton School of the University of Pennsylvania, a master’s degree in international economics from the University of Essex, and a bachelor’s degree in both commerce and German from Washington and Lee University. Scott is based in New York.
Start Date
Tenure
Tenure Rank
Nov 01, 2019
2.58
2.6%
Karen Choi is a fixed income portfolio manager at Capital Group. She has 23 years of investment experience and has been with Capital Group for 14 years. Earlier in her career at Capital, as a fixed income investment analyst, Karen covered utilities, regional banks and non-bank financials in the U.S. Prior to joining Capital, she was a fixed income analyst with AllianceBernstein and before that with Prudential Financial. She holds a bachelor’s degree in international relations from Wellesley College. She also holds the Chartered Financial Analyst® designation. Karen is based in New York.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 24.76 | 6.84 | 2.41 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...