CCBPX — Capital Group Core Bond Fund
Data updated: 2022-09-28
CCBPX — Capital Group Core Bond Fund. Total / Aggregate Bond · $545.56M AUM · 0.28% expense ratio. Holdings, fees, performance and SEC filings.
CCBPX Fund Overview
CCBPX — Capital Group Core Bond Fund is a US mutual fund managed by Capital Group Private Client Services Funds, categorised as Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Capital Group Private Client Services Funds
- Category: Total / Aggregate Bond
- Assets under management: $545.56M
- 1-year return: -5.6%
- Ticker: CCBPX
- SEC CIK: 0001474365
- SEC series ID: S000027398
- Share class ID: C000082666
CCBPX Investment Objective and Strategy
Capital Group Core Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Capital Group Private Client Services Funds.
Investment objective
The funds investment objective is to provide you with current income while preserving your investment.
Principal investment strategy
The fund primarily invests in debt securities, including securities issued and guaranteed by the U.S. government and securities backed by mortgages or other assets. The fund may also invest in debt securities and mortgage-backed securities issued by federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. In addition, the fund may invest in asset-backed securities (securities backed by assets such as auto loans, credit card receivables or other providers of credit). The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities), which may be represented by other investment instruments, including derivatives. The fund primarily invests in debt securities with quality ratings of A- or A3 or better by Nationally Recognized Statistical Rating Organizations (NRSROs) designated by the funds investment adviser or unrated but determined to be of equivalent quality by the funds investment adviser.
The fund may invest up to 10% of its assets in debt securities rated in the BBB or Baa rating categories by NRSROs designated by the funds investment adviser or unrated but determined to be of equivalent quality by the funds investment adviser. Under normal circumstances, the dollar-weighted average effective maturity of the funds portfolio will be between three and 10 years. The fund may also invest in certain derivative instruments, such as futures contracts and swaps. 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 fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the funds statement of additional information.
The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers who decide how their respective segments will be invested. The fund relies on the professional judgment of its investment adviser to make decisions about the funds 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 investment opportunities. The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated.
Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
CCBPX Performance
Total returns for CCBPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -5.6% |
| 3 years (annualised) | 0.8% |
CCBPX Risk Information
Risk metrics for CCBPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
CCBPX Costs and Fees
CCBPX costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 217%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
CCBPX Cashflows
Over the 12 months to 2022-07, Capital Group Core Bond Fund had net outflows of $34.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-07 | −$12.67M |
| 2022-06 | −$6.41M |
| 2022-05 | −$7.28M |
| 2022-04 | −$10.67M |
| 2022-03 | −$23.82M |
| 2022-02 | $8.34M |
CCBPX Debt Constituents
No individual debt constituents are reported in Capital Group Core Bond Fund's latest SEC N-PORT filing.
CCBPX Prospectus and SEC Filings
Official Capital Group Core Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-12-30
- Prospectus (485BPOS) — filed 2020-12-31
- Prospectus (485BPOS) — filed 2020-01-23
- Portfolio holdings (N-PORT) — filed 2022-09-28
- Portfolio holdings (N-PORT) — filed 2022-06-24
- Portfolio holdings (N-PORT) — filed 2022-03-29
- Annual census (N-CEN) — filed 2022-01-14
- Annual census (N-CEN) — filed 2021-01-14
Related Funds
Other Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.