About ANBAX
American Funds Strategic Bond Fund Class A is an intermediate core-plus bond mutual fund designed to provide maximum total return while preserving capital. Its primary function is to invest at least 80% of assets in bonds and other debt securities, spanning a diversified mix that includes U.S. government and agency debt, corporate bonds, mortgage- and asset-backed securities, high-yield debt, and emerging markets bonds. The fund can also invest up to 50% in non–U.S. dollar-denominated securities and up to 10% in equity or hybrid securities, aiming to capture opportunities across global credit markets.
Notably, the fund maintains a medium credit quality and moderate interest-rate sensitivity, as reflected by an effective duration of approximately 6.5 years. Its sector allocations focus on mortgage-backed obligations, corporate credit, and Treasuries, with a high portfolio turnover indicative of active management. With regular quarterly dividend payments and a below-average expense ratio relative to peers, the fund serves investors seeking a broadly diversified, actively managed fixed income solution within their portfolios, and it plays a significant role in managing risk-adjusted returns and income generation in the fixed income market.
Fund Family Capital Group
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ANBAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
ANBAX had a total return of -3.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.68%.
