Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
CAPITAL WORLD BOND FUND
mutual fund
RCWEX
Payout Change
Pending
Price as of:
$16.12
-0.03
-0.19%
primary theme
N/A
RCWEX (Mutual Fund)
CAPITAL WORLD BOND FUND
Payout Change
Pending
Price as of:
$16.12
-0.03
-0.19%
primary theme
N/A
RCWEX (Mutual Fund)
CAPITAL WORLD BOND FUND
Payout Change
Pending
Price as of:
$16.12
-0.03
-0.19%
primary theme
N/A
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-0.8%
1 yr return
3.0%
3 Yr Avg Return
-4.7%
5 Yr Avg Return
-1.8%
Net Assets
$9.61 B
Holdings in Top 10
19.0%
52 WEEK LOW AND HIGH
$16.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 89.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RCWEX - Profile
Distributions
- YTD Total Return -0.8%
- 3 Yr Annualized Total Return -4.7%
- 5 Yr Annualized Total Return -1.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.59%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameCAPITAL WORLD BOND FUND
-
Fund Family NameCapital Group Fund Group
-
Inception DateAug 01, 2008
-
Shares OutstandingN/A
-
Share ClassR4
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Høgh
Fund Description
Under normal market circumstances, the fund invests at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives. The fund invests primarily in debt securities, including asset-backed and mortgage-backed securities and securities of governmental, supranational and corporate issuers denominated in various currencies, including U.S. dollars. The fund will invest substantially in securities tied economically to a number of countries outside the United States, and such investments may include securities tied economically to developing countries. Normally, the fund invests substantially in investment-grade bonds (rated Baa3 or better or BBB– or better by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser or unrated but determined to be of equivalent quality by the fund’s investment adviser). The fund may also invest up to 25% of its assets in lower quality, higher yielding debt securities (rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser or unrated but determined to be of equivalent quality by the fund’s investment adviser). Such securities are sometimes referred to as “junk bonds.” The total return of the fund will be the result of interest income, changes in the market value of the fund’s investments and changes in the values of other currencies relative to the U.S. dollar.
The fund may invest in forward currency contracts, futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index.
The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
RCWEX - Performance
Return Ranking - Trailing
| Period | RCWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.8% | -59.5% | 0.9% | 87.38% |
| 1 Yr | 3.0% | -15.5% | 19.7% | 74.04% |
| 3 Yr | -4.7%* | -4.3% | 4.2% | 55.72% |
| 5 Yr | -1.8%* | -2.5% | 4.1% | 54.79% |
| 10 Yr | 0.0%* | -3.0% | 2.7% | 52.00% |
* Annualized
Return Ranking - Calendar
| Period | RCWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.2% | -15.2% | 0.9% | 42.50% |
| 2022 | -19.1% | -10.9% | 12.2% | 42.27% |
| 2021 | -7.6% | -10.8% | 14.8% | 32.81% |
| 2020 | 6.3% | -15.3% | 0.6% | 26.59% |
| 2019 | 5.3% | -44.4% | 14.4% | 60.74% |
Total Return Ranking - Trailing
| Period | RCWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.8% | -59.5% | 0.9% | 85.44% |
| 1 Yr | 3.0% | -16.6% | 30.5% | 66.82% |
| 3 Yr | -4.7%* | -5.2% | 10.9% | 52.66% |
| 5 Yr | -1.8%* | -2.8% | 7.4% | 52.06% |
| 10 Yr | 0.0%* | -3.0% | 3.6% | 50.28% |
* Annualized
Total Return Ranking - Calendar
| Period | RCWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.0% | -15.2% | 0.9% | 42.50% |
| 2022 | -17.4% | -10.9% | 12.2% | 42.27% |
| 2021 | -5.1% | -10.8% | 14.8% | 32.81% |
| 2020 | 9.9% | -15.3% | 3.8% | 36.99% |
| 2019 | 7.6% | -44.4% | 14.4% | 66.87% |
NAV & Total Return History
RCWEX - Holdings
Concentration Analysis
| RCWEX | Category Low | Category High | RCWEX % Rank | |
|---|---|---|---|---|
| Net Assets | 9.61 B | 74.5 K | 14.7 B | 8.82% |
| Number of Holdings | 2341 | 4 | 4562 | 14.69% |
| Net Assets in Top 10 | 2.02 B | -112 M | 3.66 B | 10.90% |
| Weighting of Top 10 | 19.04% | 4.7% | 100.0% | 84.62% |
Top 10 Holdings
- CAPITAL GROUP CENTRAL CASH FUND 7.88%
- UMBS 30YR TBA(REG A) 5.0 UMBS TBA 10-01-54 2.14%
- FNCL UMBS 5.0 SD4977 11-01-53 1.85%
- JAPAN TREASURY DISCOUNT BILL JPY 0.0% 10-15-24 1.73%
- BRAZIL LETRAS DO TESOURO NACIONAL BRL 0.0% 04-01-25 1.25%
- CANADIAN GOVERNMENT BOND CAD 3.5% 03-01-28 0.92%
- KOREA NDFB 3212 KRW 4.25% 12-10-32 0.92%
- CHINA GOVT BOND CNY 3.86% 07-22-49 0.84%
- SPAIN GOVERNMENT BOND EUR 144A LIFE/REG S 1.4% 07-30-28 0.82%
- FRENCH REPUBLIC GOVERNMENT BOND OAT EUR 144A LIFE/REG S 0.0% 11-25-30 0.68%
Asset Allocation
| Weighting | Return Low | Return High | RCWEX % Rank | |
|---|---|---|---|---|
| Bonds | 93.42% | 0.00% | 220.33% | 46.45% |
| Cash | 7.88% | -130.07% | 95.62% | 54.50% |
| Convertible Bonds | 1.26% | 0.00% | 11.19% | 55.92% |
| Other | 0.82% | -9.71% | 100.00% | 74.41% |
| Stocks | 0.02% | 0.00% | 7.47% | 37.44% |
| Preferred Stocks | 0.00% | 0.00% | 2.87% | 79.62% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RCWEX % Rank | |
|---|---|---|---|---|
| Energy | 100.00% | 0.00% | 100.00% | 29.03% |
| Utilities | 0.00% | 0.00% | 91.33% | 85.48% |
| Technology | 0.00% | 0.00% | 21.64% | 82.26% |
| Real Estate | 0.00% | 0.00% | 3.17% | 82.26% |
| Industrials | 0.00% | 0.00% | 11.80% | 87.10% |
| Healthcare | 0.00% | 0.00% | 9.46% | 85.48% |
| Financial Services | 0.00% | 0.00% | 100.00% | 91.94% |
| Communication Services | 0.00% | 0.00% | 56.19% | 85.48% |
| Consumer Defense | 0.00% | 0.00% | 34.30% | 85.48% |
| Consumer Cyclical | 0.00% | 0.00% | 27.00% | 85.48% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 87.10% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RCWEX % Rank | |
|---|---|---|---|---|
| US | 0.02% | 0.00% | 6.55% | 31.75% |
| Non US | 0.00% | 0.00% | 1.77% | 78.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | RCWEX % Rank | |
|---|---|---|---|---|
| Government | 67.21% | 0.30% | 99.47% | 15.38% |
| Corporate | 19.53% | 0.00% | 98.62% | 50.96% |
| Cash & Equivalents | 7.88% | 0.00% | 95.62% | 37.98% |
| Securitized | 4.97% | 0.00% | 52.02% | 51.44% |
| Municipal | 0.11% | 0.00% | 7.95% | 27.88% |
| Derivative | 0.05% | 0.00% | 74.77% | 87.98% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | RCWEX % Rank | |
|---|---|---|---|---|
| US | 48.20% | -5.52% | 107.53% | 38.39% |
| Non US | 45.23% | 0.00% | 112.80% | 60.66% |
RCWEX - Expenses
Operational Fees
| RCWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.83% | 0.02% | 3.65% | 49.28% |
| Management Fee | 0.43% | 0.00% | 2.08% | 21.46% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.49% |
| Administrative Fee | 0.05% | 0.01% | 0.45% | 49.23% |
Sales Fees
| RCWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.00% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RCWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RCWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 89.00% | 6.00% | 354.00% | 63.31% |
RCWEX - Distributions
Dividend Yield Analysis
| RCWEX | Category Low | Category High | RCWEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.14% | 0.00% | 17.40% | 78.67% |
Dividend Distribution Analysis
| RCWEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| RCWEX | Category Low | Category High | RCWEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.59% | -1.08% | 5.77% | 51.96% |
Capital Gain Distribution Analysis
| RCWEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 20, 2024 | $0.127 | OrdinaryDividend |
| Mar 15, 2024 | $0.116 | OrdinaryDividend |
| Dec 18, 2023 | $0.117 | OrdinaryDividend |
| Sep 15, 2023 | $0.116 | OrdinaryDividend |
| Jun 16, 2023 | $0.106 | OrdinaryDividend |
| Mar 17, 2023 | $0.096 | OrdinaryDividend |
| Dec 19, 2022 | $0.086 | OrdinaryDividend |
| Sep 16, 2022 | $0.085 | OrdinaryDividend |
| Jun 17, 2022 | $0.085 | OrdinaryDividend |
| Mar 18, 2022 | $0.084 | OrdinaryDividend |
| Dec 20, 2021 | $0.165 | OrdinaryDividend |
| Sep 17, 2021 | $0.085 | OrdinaryDividend |
| Jun 18, 2021 | $0.210 | OrdinaryDividend |
| Mar 19, 2021 | $0.084 | OrdinaryDividend |
| Dec 21, 2020 | $0.379 | OrdinaryDividend |
| Sep 18, 2020 | $0.105 | OrdinaryDividend |
| Jun 19, 2020 | $0.105 | OrdinaryDividend |
| Mar 20, 2020 | $0.105 | OrdinaryDividend |
| Dec 17, 2019 | $0.105 | OrdinaryDividend |
| Dec 17, 2019 | $0.025 | CapitalGainShortTerm |
| Sep 20, 2019 | $0.105 | OrdinaryDividend |
| Jun 21, 2019 | $0.103 | OrdinaryDividend |
| Mar 22, 2019 | $0.094 | OrdinaryDividend |
| Dec 18, 2018 | $0.094 | OrdinaryDividend |
| Dec 18, 2018 | $0.055 | ExtraDividend |
| Sep 21, 2018 | $0.092 | OrdinaryDividend |
| Jun 22, 2018 | $0.092 | OrdinaryDividend |
| Mar 23, 2018 | $0.093 | OrdinaryDividend |
| Dec 15, 2017 | $0.093 | OrdinaryDividend |
| Sep 15, 2017 | $0.093 | OrdinaryDividend |
| Jun 16, 2017 | $0.093 | OrdinaryDividend |
| Mar 17, 2017 | $0.094 | OrdinaryDividend |
| Dec 16, 2016 | $0.085 | OrdinaryDividend |
| Dec 16, 2016 | $0.068 | CapitalGainLongTerm |
| Oct 03, 2016 | $0.083 | OrdinaryDividend |
| Jun 17, 2016 | $0.082 | OrdinaryDividend |
| Mar 18, 2016 | $0.083 | OrdinaryDividend |
| Dec 17, 2015 | $0.052 | OrdinaryDividend |
| Oct 06, 2015 | $0.024 | OrdinaryDividend |
| Jun 22, 2015 | $0.021 | OrdinaryDividend |
| Mar 26, 2015 | $0.024 | OrdinaryDividend |
| Dec 19, 2014 | $0.068 | OrdinaryDividend |
| Dec 19, 2014 | $0.094 | CapitalGainShortTerm |
| Dec 19, 2014 | $0.186 | CapitalGainLongTerm |
| Oct 07, 2014 | $0.081 | OrdinaryDividend |
| Jun 26, 2014 | $0.083 | OrdinaryDividend |
| Mar 27, 2014 | $0.082 | OrdinaryDividend |
| Dec 20, 2013 | $0.102 | OrdinaryDividend |
| Dec 20, 2013 | $0.070 | ExtraDividend |
| Oct 08, 2013 | $0.102 | OrdinaryDividend |
| Jun 26, 2013 | $0.102 | OrdinaryDividend |
| Mar 27, 2013 | $0.102 | OrdinaryDividend |
| Dec 21, 2012 | $0.101 | OrdinaryDividend |
| Dec 21, 2012 | $0.039 | ExtraDividend |
| Dec 21, 2012 | $0.099 | CapitalGainShortTerm |
| Dec 21, 2012 | $0.182 | CapitalGainLongTerm |
| Oct 09, 2012 | $0.100 | OrdinaryDividend |
| Jun 27, 2012 | $0.131 | OrdinaryDividend |
| Mar 28, 2012 | $0.132 | OrdinaryDividend |
| Dec 23, 2011 | $0.002 | ExtraDividend |
| Dec 23, 2011 | $0.180 | OrdinaryDividend |
| Sep 28, 2011 | $0.180 | OrdinaryDividend |
| Jun 28, 2011 | $0.180 | OrdinaryDividend |
| Mar 23, 2011 | $0.180 | OrdinaryDividend |
| Dec 27, 2010 | $0.179 | OrdinaryDividend |
| Dec 27, 2010 | $0.097 | ExtraDividend |
| Sep 28, 2010 | $0.179 | OrdinaryDividend |
| Jun 23, 2010 | $0.179 | OrdinaryDividend |
| Mar 24, 2010 | $0.181 | OrdinaryDividend |
| Dec 28, 2009 | $0.180 | OrdinaryDividend |
| Dec 28, 2009 | $0.035 | ExtraDividend |
| Sep 30, 2009 | $0.180 | OrdinaryDividend |
| Jun 17, 2009 | $0.180 | OrdinaryDividend |
| Mar 23, 2009 | $0.180 | OrdinaryDividend |
| Dec 26, 2008 | $0.176 | OrdinaryDividend |
| Dec 26, 2008 | $0.091 | ExtraDividend |
| Oct 03, 2008 | $0.181 | OrdinaryDividend |
| Jun 19, 2008 | $0.182 | OrdinaryDividend |
| Mar 12, 2008 | $0.180 | OrdinaryDividend |
| Dec 24, 2007 | $0.160 | OrdinaryDividend |
| Dec 24, 2007 | $0.366 | ExtraDividend |
| Dec 24, 2007 | $0.060 | CapitalGainLongTerm |
| Oct 03, 2007 | $0.160 | OrdinaryDividend |
| Jun 06, 2007 | $0.160 | OrdinaryDividend |
| Mar 27, 2007 | $0.162 | OrdinaryDividend |
| Dec 22, 2006 | $0.158 | OrdinaryDividend |
| Oct 03, 2006 | $0.158 | OrdinaryDividend |
| Jun 19, 2006 | $0.159 | OrdinaryDividend |
| Dec 22, 2005 | $0.158 | OrdinaryDividend |
| Dec 22, 2005 | $0.102 | ExtraDividend |
| Dec 22, 2005 | $0.061 | CapitalGainShortTerm |
| Dec 22, 2005 | $0.159 | CapitalGainLongTerm |
| Oct 04, 2005 | $0.161 | OrdinaryDividend |
| Jun 27, 2005 | $0.161 | OrdinaryDividend |
| Mar 21, 2005 | $0.162 | OrdinaryDividend |
| Dec 16, 2004 | $0.138 | OrdinaryDividend |
| Dec 16, 2004 | $0.223 | ExtraDividend |
| Dec 16, 2004 | $0.016 | CapitalGainShortTerm |
| Dec 16, 2004 | $0.084 | CapitalGainLongTerm |
| Oct 04, 2004 | $0.144 | OrdinaryDividend |
| Jun 21, 2004 | $0.141 | OrdinaryDividend |
| Mar 22, 2004 | $0.142 | OrdinaryDividend |
| Dec 18, 2003 | $0.138 | OrdinaryDividend |
| Dec 18, 2003 | $0.220 | ExtraDividend |
| Oct 02, 2003 | $0.152 | OrdinaryDividend |
| Jun 23, 2003 | $0.139 | OrdinaryDividend |
| Mar 24, 2003 | $0.118 | OrdinaryDividend |
| Dec 19, 2002 | $0.118 | OrdinaryDividend |
| Dec 19, 2002 | $0.040 | ExtraDividend |
| Oct 02, 2002 | $0.089 | OrdinaryDividend |
RCWEX - Fund Manager Analysis
Managers
Thomas Høgh
Start Date
Tenure
Tenure Rank
Dec 01, 1995
26.52
26.5%
Thomas H. Høgh is a fixed income portfolio manager at Capital Group. He has 35 years of investment experience and has been with Capital Group for 31 years. Earlier in his career, as a fixed income investment analyst at Capital, Thomas covered Yankee bonds, as well as various non-U.S. bond markets. Prior to joining Capital, Thomas held a number of positions at Privatbanken (now Nordea). He holds an MBA in finance, international business and management from Columbia Business School.
Andrew Cormack
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
Andrew A. Cormack is a fixed income portfolio manager at Capital Group. He has 18 years of investment industry experience and has been with Capital Group for three years. Prior to joining Capital, Andrew worked as a portfolio manager at Western Asset Management. He holds a first-class honours degree in actuarial science from the London School of Economics and Political Science. He also holds the Investment Management Certificate. Andrew is based in London.
Philip Chitty
Start Date
Tenure
Tenure Rank
Dec 31, 2019
2.42
2.4%
Philip Chitty is a fixed income portfolio manager at Capital Group. He has 28 years of investment experience and has been with Capital Group for 18 years. Earlier in his career at Capital, as a fixed income investment analyst, Philip had macroeconomic responsibility for Western Europe, the UK and Japan. Prior to joining Capital, Philip was a senior European economist with ABN AMRO. Before that, he was an economist with HM Treasury. He holds a master’s degree in economics from Birkbeck College, University of London. Philip is based in London.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 28.31 | 6.8 | 3.67 |
