- What does BFAFX invest in?
- This fund's main goal is to generate the highest possible current income while diligently protecting the original capital invested. It allocates a minimum of 80% of its portfolio to various fixed-income instruments, including bonds and other debt securities, which may also be represented by financial tools like derivatives. A substantial portion, at least 60% of its total assets, is further dedicated to higher-quality debt. This comprises securities rated A3 or better, or A- or better, by nationally recognized statistical rating organizations selected by the fund's adviser. It can also include unrated debt considered to be of equivalent soundness by the adviser, as well as U.S. government securities, money market instruments, or cash.
- What is the expense ratio of BFAFX?
- The Bond Fund of America, Class F-1 Shares (BFAFX) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BFAFX's dividend yield?
- BFAFX's trailing-twelve-month yield is 4.15%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BFAFX?
- Effective duration measures BFAFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BFAFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BFAFX?
- BFAFX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BFAFX?
- Yield to maturity (YTM) is the total return you'd earn from BFAFX if every bond in the portfolio is held to maturity at the current price. BFAFX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
