RBOCX

About RBOCX

Intermediate Bond Fund of America Class R-3 is a mutual fund focused on providing current income with a balanced approach to maturity and credit risk. As a fixed-income fund, it primarily invests in a diversified portfolio of U.S. bonds—including government and agency securities, mortgage-backed obligations, corporate bonds, and asset-backed securities—with supplementary allocations to non-U.S. bonds and cash equivalents. Notable features include an effective duration of approximately 4.2 years, underscoring its intermediate-term profile, and a large, actively managed asset base exceeding $26 billion. The fund is designed to appeal to investors seeking steady income through monthly dividends while aiming to preserve capital in a low-equity, bond-heavy structure. With holdings in over 980 issuers, it offers broad exposure within the fixed-income market and employs regular portfolio turnover to adapt to market opportunities. Its expense structure is moderate, and it is frequently used as a core fixed-income holding in retirement and asset allocation strategies, reflecting its significant presence and stability within the bond fund sector.