Bond Fund Of America Institutional Share Class

Class f 1 share results prior to the date of first sale are hypothetical based on class a share results without a sales charge adjusted for estimated additional annual expenses.

Bond fund of america institutional share class. Results for these shares prior to the dates of first sale are hypothetical based on the original share class results without a sales charge adjusted for typical estimated expenses. R squared is a measure of the correlation between a particular return and that of a benchmark index. Usually labeled class a class b and so forth they have different characteristics costs and rights. In addition the share prices of capital world bond fund american funds strategic bond fund and american funds inflation linked bond fund also decrease when a special dividend is paid.

Class f 1 shares were first offered on march 15 2001 on february 21 2014 in funds in the american funds target date retirement series. ǁ excludes american funds tax exempt fund of new york american high income municipal bond fund the tax exempt bond fund of america and the tax exempt fund of california. Fund short term bond category for the period from january 1 2008 and ending december 31 2019 for all share classes at nav. Information for these funds is included in the table showing funds that have a 3 75 maximum sales charge with a different sales charge schedule.

Class c shares convert to class a shares after 8 years. Certain share classes were offered after the inception dates of some funds. Class c shares have higher expenses than class a shares and a 1 cdsc if shares are sold within the first year of purchase. Institutional shares are a class of mutual fund shares available for institutional investors.

The institutional class shares are just one share type out of several for a specific mutual fund. A mutual fund will have a single investment portfolio buying stocks and or bonds to meet the fund. There is no sales charge on class a shares for plans with over 1 million invested in american funds. Share class refers to different types of stock a company or mutual fund issues.

The bond fund of america may be appropriate for.