REBBX

About REBBX

American Funds Intermediate Bond Fund of America Class R-2E is an open-ended mutual fund within the intermediate-term bond category. Its primary objective is to provide current income, balancing preservation of capital with the maturity and quality standards outlined in its prospectus. The fund invests chiefly in a diversified portfolio of U.S. government bonds and notes, corporate bonds, mortgage-backed securities such as GNMA certificates, asset-backed obligations, and maintains some exposure to cash equivalents. Notable features include a focus on intermediate maturities, resulting in an effective duration around four years, which aims to mitigate some interest-rate sensitivity while still offering higher yields than short-term alternatives. The fund pays monthly dividends, facilitating consistent income for shareholders. It holds a broad mix of holdings across several sectors, with significant allocations to mortgage-backed and Treasury securities, and a smaller allocation to corporate debt and non-U.S. government/agency securities. Managed by Capital Group’s Capital Research and Management Company, the fund plays a key role for investors seeking a core fixed-income allocation in their portfolios, often serving as a stabilizing component that can complement both equity and short-term bond exposures.