American Funds Capital World Bond Fund Class R-6 is a globally diversified open-ended mutual fund focused on fixed-income investments. Its primary objective is to provide a high level of total return through prudent investment management. The fund invests at least 80% of its assets in bonds and other debt securities, including investment-grade bonds from governmental, supranational, and corporate issuers that are rated Baa3 or better. The portfolio spans more than 60 developed and developing markets, offering exposure to various currencies and geographic regions. Key features include holdings in U.S. and non-U.S. government and agency securities, corporate bonds, mortgage-backed, and asset-backed obligations, with a significant emphasis on non-U.S. issuers and diversified sectors. The fund uses fundamental analysis, engaging directly with government officials, central banks, and company executives to inform its decisions. With a large number of holdings and a turnover ratio indicating active management, this fund serves institutional investors seeking diversified global bond exposure for income and risk mitigation within fixed-income allocations. The fund benchmarks its performance against global indices such as the Bloomberg Global Aggregate Index and is managed by Capital Research and Management Company.
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