About ANBGX
American Funds Strategic Bond Fund Class F-3 is an actively managed open-end mutual fund that seeks to provide maximum total return while prioritizing preservation of capital. This fund allocates at least 80% of its assets to a wide array of bonds and other debt securities, including investment-grade corporate bonds, U.S. government and agency securities, mortgage-backed instruments, and select high-yield, emerging market, and foreign bonds. The portfolio is notable for its flexibility—a "core plus" fixed income strategy—enabling investment managers to adjust credit, interest rate, and sector exposures based on macroeconomic views and market opportunities. The fund maintains a moderate duration and diversifies across more than 1,000 individual bond holdings, with U.S. bonds forming the core of the portfolio, complemented by a smaller allocation to non-U.S. bonds. Its management team employs robust risk oversight and may use derivatives for hedging or to enhance returns. With a competitive expense ratio and a focus on both risk-adjusted and absolute returns, the fund is positioned to serve investors seeking diversified access to global fixed income markets, minimizing equity market correlation while seeking steady income and principal stability.
Fund Family Capital Group
Category Intermediate Core-Plus Bond
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ANBGX
Share Class Class F-3
Index Bloomberg U.S. Aggregate Bond TR
ANBGX had a total return of -2.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.17%.
