CBOFX

About CBOFX

Intermediate Bond Fund of America is an open-ended mutual fund focused on fixed income investments. Its primary objective is to provide investors with a combination of current income and preservation of capital by investing predominantly in U.S. dollar-denominated debt securities. The fund emphasizes exposure to intermediate-term bonds, with a typical effective duration of around 4.2 years, balancing interest-rate sensitivity with the potential for income generation. The portfolio is diversified across various segments, including mortgage-backed obligations, U.S. Treasury bonds and notes, corporate bonds, and asset-backed securities, reflecting a broad approach to the fixed-income market. Most holdings are rated A or better, with a portion allocated to securities rated BBB/Baa or unrated, aiming to maintain strong credit quality while pursuing incremental yield. This fund plays a significant role for investors seeking a stable, income-generating component within a diversified portfolio, and it offers regular monthly dividends. Its sizeable asset base and diversified issuer holdings further underline its relevance within the fixed-income sector.