American Funds Inflation Linked Bond boasts a strong team of rates specialists and wider resources, but its emphasis on macro decisions, including bold rates calls and short credit positioning, could result in higher volatility relative to more straightforward inflation bond offerings. It earns a Morningstar Analyst Rating of Neutral for its cheapest share classes and a Negative for its priciest shares.
Morningstar’s Fund Analysis BFIAX
Will BFIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BFIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BFIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BFIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.