TABBX Fees and Costs — American Funds Corporate Bond Fund, Class 529-T
Data updated: 2026-08-31
The net expense ratio is 0.73%: a 0.25% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses. This share class carries a maximum front-end sales load of 2.50%. Portfolio turnover was 226%.
TABBX Fees and Expenses
Annual operating expenses and sales charges of TABBX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TABBX Costs Over Time
On $10,000 invested in TABBX, assuming 5% a year before costs, total costs come to $767 over 5 years, cutting the return by 1.29% 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 |
| Sales charges | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.73%) | $75 | $234 | $407 |
| Lost growth on money paid in costs | $12 | $51 | $110 |
| Total costs | $337 | $535 | $767 |
| Value after costs | $10,163 | $11,041 | $11,996 |
| Impact on return, per year | 3.37% | 1.64% | 1.29% |
TABBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $8.2B
- Portfolio turnover (prospectus): 226%
- Securities lending: none during the year
TABBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $1.7B | 23.98% |
| Citadel Securities Institutional LLC | $1.1B | 15.04% |
| Morgan Stanley & Co. LLC | $854.8M | 11.75% |
| Goldman Sachs & Co. LLC | $809.7M | 11.13% |
| J.P. Morgan Securities LLC | $642.7M | 8.84% |
| Deutsche Bank A.G. | $564.4M | 7.76% |
| BNP Paribas | $503.0M | 6.92% |
| Barclays Bank PLC | $393.3M | 5.41% |
| Citigroup Global Markets Inc. | $392.5M | 5.40% |
| Wells Fargo Securities, LLC | $274.9M | 3.78% |
American Funds Corporate 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 |
|---|---|---|---|
| CFBFX | Class F-3 | 0.32% | none |
| RCBFX | Class R-6 | 0.32% | none |
| FBCDX | Class 529-F-3 | 0.37% | none |
| RCBEX | Class R-5 | 0.41% | none |
| FFBBX | Class 529-F-2 | 0.42% | none |
| BFCGX | Class F-2 | 0.43% | none |
| RCBHX | Class R-5E | 0.48% | none |
| RCBDX | Class R-4 | 0.66% | none |
| TFBBX | Class T | 0.68% | 2.50% |
| BFCAX | Class A | 0.69% | 3.75% |
| BFCFX | Class F-1 | 0.70% | none |
| COBAX | Class 529-A | 0.70% | 3.50% |
| TABBX | Class 529-T | 0.73% | 2.50% |
| COBFX | Class 529-F-1 | 0.75% | none |
| COBEX | Class 529-E | 0.91% | none |
| RCBCX | Class R-3 | 0.95% | none |
| RCBGX | Class R-2E | 1.11% | none |
| RCBBX | Class R-2 | 1.40% | none |
| RCBAX | Class R-1 | 1.41% | none |
| BFCCX | Class C | 1.43% | none |
| COBCX | Class 529-C | 1.48% | 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.