BFCCX

About BFCCX

American Funds Corporate Bond Fund Class C is an actively managed mutual fund specializing in fixed-income investments, with a primary focus on investment-grade corporate bonds. The fund seeks to achieve maximum total return while prioritizing capital preservation and prudent risk management. It typically invests at least 80% of its assets in corporate debt securities, and the portfolio also includes U.S. Treasury bonds, asset-backed securities, and non-U.S. bonds, providing broad sector and issuer diversification across approximately 190–700 holdings. With an effective duration of around 6.6 years and an average credit quality of BBB or better, the fund balances yield generation with interest rate and credit risk controls. Regular monthly distributions offer a predictable income stream, appealing to income-oriented investors. The fund’s total assets exceed $1.9 billion, indicating substantial market presence. Benchmarking against major indices such as the Bloomberg U.S. Corporate Investment Grade Index, American Funds Corporate Bond Fund Class C is positioned as a core option for those seeking stable, moderate-return exposure to U.S. corporate credit markets within a diversified bond portfolio.