RCWAX Fees and Costs — Capital World Bond Fund, Class R-1
Data updated: 2026-08-27
The net expense ratio is 1.58%: a 0.43% management fee, a 1.00% 12b-1 fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 163%.
RCWAX Fees and Expenses
Annual operating expenses and sales charges of RCWAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.58% |
| Fee waiver | — |
| Net expense ratio | 1.58% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RCWAX Costs Over Time
On $10,000 invested in RCWAX, assuming 5% a year before costs, total costs come to $977 over 5 years, cutting the return by 1.66% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.58%) | $166 | $515 | $887 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $26 | $90 |
| Total costs | $166 | $540 | $977 |
| Value after costs | $10,334 | $11,036 | $11,786 |
| Impact on return, per year | 1.66% | 1.66% | 1.66% |
RCWAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $23.3B
- Portfolio turnover (prospectus): 163%
- Securities lending: none during the year
RCWAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Clarksons Securities, Inc. | $7K | 100.00% |
| Morgan Stanley & Co. LLC | $0 | 0.00% |
RCWAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $3.1B | 16.42% |
| Citigroup Global Markets Inc. | $2.5B | 13.02% |
| Bank of America, N.A. | $2.3B | 12.25% |
| Goldman Sachs & Co. LLC | $2.2B | 11.31% |
| Barclays Bank PLC | $2.1B | 10.88% |
| BNP Paribas | $1.8B | 9.63% |
| J.P. Morgan Securities LLC | $1.8B | 9.62% |
| Wells Fargo Securities, LLC | $1.8B | 9.55% |
| Deutsche Bank A.G. | $807.5M | 4.23% |
| Mizuho Bank, Ltd. | $590.2M | 3.09% |
Capital World Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RCWGX | Class R-6 | 0.48% | none |
| WFBFX | Class F-3 | 0.48% | none |
| FWBCX | Class 529-F-3 | 0.53% | none |
| RCWFX | Class R-5 | 0.54% | none |
| BFWFX | Class F-2 | 0.59% | none |
| FCWBX | Class 529-F-2 | 0.63% | none |
| RCWHX | Class R-5E | 0.64% | none |
| RCWEX | Class R-4 | 0.83% | none |
| TWCWX | Class T | 0.96% | 2.50% |
| CWBFX | Class A | 0.98% | 3.75% |
| CCWAX | Class 529-A | 0.99% | 3.50% |
| TWCBX | Class 529-T | 1.01% | 2.50% |
| WBFFX | Class F-1 | 1.03% | none |
| CCWFX | Class 529-F-1 | 1.08% | none |
| CCWEX | Class 529-E | 1.13% | none |
| RCWCX | Class R-3 | 1.13% | none |
| RCEBX | Class R-2E | 1.28% | none |
| RCWAX | Class R-1 | 1.58% | none |
| RCWBX | Class R-2 | 1.58% | none |
| CWBCX | Class C | 1.72% | none |
| CCWCX | Class 529-C | 1.74% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.