American Funds Capital World Bond has seen changes to its team and approach in recent years, some of which are encouraging, but the firm’s multimanager model has yet to differentiate it from other global bond peers. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.
American Funds Capital World Bond A CWBFX
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CWBFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CWBFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CWBFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CWBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Yet to separate itself from the pack.
