CBOEX

About CBOEX

Intermediate Bond Fund of America 529-E is a mutual fund primarily focused on generating current income while maintaining standards of maturity and credit quality. As a part of the 529 plan offerings, it is tailored for college savings, allowing investors to access professional fixed-income management within tax-advantaged education plans. The fund mainly invests in a diverse portfolio of U.S. investment-grade bonds with intermediate maturities, including U.S. Treasury securities, mortgage-backed obligations, corporate bonds, and asset-backed securities. As of mid-2025, the fund allocated approximately 89% to U.S. bonds and kept a moderate effective duration of about 4.2 years, balancing income potential and interest rate sensitivity. The portfolio is characterized by broad diversification—spanning nearly a thousand issuers—helping to mitigate credit risk. Regular monthly distributions reflect its income-oriented mandate, and its management emphasizes both stability and credit quality for investors with medium-term objectives, especially within education-related accounts. The Intermediate Bond Fund of America 529-E plays a significant role in the muni and investment-grade bond sectors thanks to its scale and focus on accessible college savings solutions.