ibfacorresp10-27.htm
[Logo – American
Funds®]
Intermediate
Bond Fund of America
333 South Hope
Street
Los Angeles,
California 90071
Phone (213)
486-9200
Kimberly
S. Verdick
Secretary
October 27,
2009
Ms. Laura Hatch,
Staff Accountant
U.S. Securities and
Exchange Commission
100 F Street,
NE
Washington, DC
20549
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Re:
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Intermediate
Bond Fund of America
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|
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File
Nos. 811-05446 and 033-19514
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Dear Ms.
Hatch:
This letter is in
response to oral comments we received from you on September 30, 2009 to the
fund’s Post-Effective Amendment No. 33 to the Registration Statement under the
Securities Act of 1933 and Amendment No. 34 to the Registration Statement under
the Investment Company Act of 1940. We appreciate your prompt
response to the filing.
Our responses to
your comments are set forth below. We will incorporate any changes to the fund’s
Registration Statement in a filing pursuant to Rule 485(b) to be automatically
effective on November 1, 2009.
1. Investment
objective, strategies and risks – page 8 of the fund’s prospectus
Comment: The
prospectus states that: “The fund may invest up to 10% of its assets in
securities rated in the BBB or Baa rating category (or in unrated securities
determined to be of equivalent quality by the fund’s investment adviser).”
Please confirm whether the fund may invest in securities rated below
BBB/Baa.
Response: The
fund does not currently invest in securities rated below BBB/Baa.
If
you have any questions please do not hesitate to contact me at (213) 486-9345 or
Tim McHale at (213) 615-0404.
/s/ Kimberly S.
Verdick
Kimberly S.
Verdick
Secretary