BFFAX Mutual Fund — American Funds The Bond Fund of America® Class F-3

American Funds The Bond Fund of America® Class F-3 (BFFAX)

Updated October 16, 2026.

BFFAX is a Mutual Fund. its distribution rate is 4.89%, its trailing-12-month yield is 4.66%, its expense ratio is 0.23%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 22.1% over the past 9.7 years, 266.0 points behind SPY at 288.1%.

The Bond Fund of America® Class F-3 is a mutual fund managed by Capital Group that invests at least 80% of its assets in bonds and other debt securities, with a focus on investment-grade holdings rated A3/A- or better, U.S. government securities, and cash equivalents. The fund carries a current distribution rate in the mid-range and has a low expense ratio of 0.23%, making it cost-efficient for fixed income exposure. This fund appeals to income-focused investors seeking steady returns from a diversified portfolio of higher-quality bonds.

BFFAX performance versus SPY

Price and return data through 2026-10-16.

Total return is 22.1% over the past 9.7 years, 266.0 points behind SPY at 288.1%. Over the past year its total return — price change plus distributions reinvested — is -1.8%. Its deepest 1-year drawdown was 5.0%.

BFFAX key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

4.65%

Issuer

Capital Group

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.23%

Distribution rate

4.89%

Distribution frequency

Monthly

Trailing yield

4.66%

Last close

$10.84 (as of 2026-10-16)

NAV

$10.52 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$38,922,866,688

Average volume

0.0

Dividend

$0.042

Ex-dividend date

09/30/2026

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (4.89%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.66%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Group or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BFFAX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.0%.

Who may consider BFFAX — and who may not

BFFAX may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BFFAX

• All tickers starting with B

Tagged: Mutual Fund.

Frequently asked questions

More securities from Capital Group.