Capital World Bond Fund®

Bond

 

Overview

Capital World Bond Fund may be appropriate for:

• Investors who wish to pursue income-producing opportunities outside the United States
• Investors seeking exposure to interest-rate trends around the world
• Investors looking to add global diversification to a portfolio of U.S. stocks or bonds

Objective

The fund's investment objective is to provide you, over the long term, with a high level of total return consistent with prudent investment management. Total return comprises the income generated by the fund and the changes in the market value of the fund's investments.

Manager

The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.

*The investment adviser is currently reimbursing a portion of other expenses. The reimbursement will be in effect through at least April 7, 2018. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. Expense ratios are as of each fund’s prospectus.
†You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.

Investments

The fund seeks to invest in quality fixed-income securities from major governments and corporations around the world and in the United States -- primarily obligations denominated in currencies of Japan, Canada, Western Europe, New Zealand, Australia, the U.S. and in multinational currency units. Typically, the fund will be invested in intermediate- to long-term securities, up to 25% of which may be in bonds rated below investment grade (BB and below, or unrated but determined by the fund’s investment adviser to be of equivalent quality) at time of purchase. The issuers of these bonds must be located in at least three countries; no one country (other than the U.S.) may represent more than 40% of total assets.

Where the fund was invested

(as of 6/30/24; percentage of net assets; holdings are subject to change)

*Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.

Past results

The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (These percentages are based on Class R-5E shares at net asset value after the share class inception date of May 15, 2002. All Class R-5E share results prior to this date, or prior to the date of first sale, are hypothetical based on Class A share results, adjusted for typical additional estimated expenses, and are calculated without a sales charge. These results are updated annually as of 12/31. Other share class results will vary.)

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely.  

Average annual total returns through 6/30/24

Class R-5E Shares