American Funds Capital World Bond Fund Class R-1 (RCWAX)
American Funds Capital World Bond Fund Class R-1 operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $15.68, down 0.06% on the session, giving a market capitalisation of $9.93B. On trailing twelve-month figures it carries a trailing P/E of -8.08, a net margin of -236.6%. Its beta of 1.19 implies it has historically moved more than the broad market.
This fund is mandated to allocate a substantial portion—at least 80%—of its total assets to bonds and other fixed-income instruments. This exposure may also be achieved through the use of derivative contracts. Its primary investment focus lies in a diverse array of debt securities, including asset-backed securities (ABS) and mortgage-backed securities (MBS). The fund seeks opportunities in obligations issued by governmental bodies, supranational organizations, and corporate entities, with these holdings denominated in various global currencies, including a significant component in U.S. dollars.
American Funds Capital World Bond Fund Class R-1 is most often compared with the following Financial Services names: