American Funds Interm Bd Fd of Amer F3 (IFBFX)

American Funds Intermediate Bond Fund of America F-3 is an actively managed mutual fund specializing in intermediate-term, investment-grade fixed income securities. Its main objective is to provide current income while maintaining rigorous maturity and credit quality standards. The fund predominantly invests in U.S. dollar-denominated bonds, with at least 80% of assets allocated to high-quality debt instruments, including U.S. Treasury bonds and notes, corporate bonds, mortgage-backed securities, and asset-backed obligations. A distinguishing feature is the portfolio’s dollar-weighted average duration, typically between three and five years, which helps manage interest rate risk and positions the fund within the intermediate-term bond market. The fund commonly maintains a portfolio quality of A- or better but permits a small exposure (up to 10%) to securities rated BBB/Baa or their unrated equivalents. Its diversification extends across sectors such as government, corporate credit, and securitized assets, supporting risk management and consistent income generation. With monthly dividend distributions and a low expense structure relative to peers, American Funds Intermediate Bond Fund of America F-3 is considered significant for investors seeking a balance of income and moderate interest rate risk within the broader fixed income landscape.