CWBCX

About CWBCX

American Funds Capital World Bond Fund Class C is a globally diversified bond mutual fund designed to provide a high level of total return through a mix of income and capital appreciation. Managed by Capital Research and Management Company, this fund utilizes a multi-manager approach, dividing its assets among several seasoned portfolio managers to tap into diverse strategies and viewpoints. Its primary investment focus is on fixed-income securities worldwide, allocating substantial portions to both U.S. and non-U.S. government and agency bonds, corporate bonds, and mortgage-backed securities. As of mid-2025, the portfolio held roughly 41.7% in non-U.S. government/agency securities and 26.2% in corporate debt, with remaining exposure in U.S. Treasuries, mortgage-backed, and asset-backed obligations. The fund is intended for investors seeking global diversification beyond U.S. markets and those interested in participating in international interest rate trends. With an effective duration around 6.4 years, it aims to balance return potential with sensitivity to interest rate changes. The fund’s Class C shares feature a level load fee structure and an annual expense ratio of approximately 1.74%. As part of the global bond category, the fund plays a significant role for investors seeking broad fixed-income exposure on a worldwide scale and aims to complement portfolios concentrated in domestic stocks and bonds.