American Funds Strategic Bond 529-A (CANAX)
| Fund Assets | 19.89B |
| Expense Ratio | 0.70% |
| Min. Investment | $250 |
| Turnover | 313.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.12% |
| Dividend Growth | 3.40% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 13, 2025 |
| Previous Close | 9.33 |
| YTD Return | 5.04% |
| 1-Year Return | 2.25% |
| 5-Year Return | -6.87% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.53 |
| Beta (5Y) | n/a |
| Holdings | 2040 |
| Inception Date | Mar 18, 2016 |
About CANAX
American Funds Strategic Bond Fund 529-A is an open-end mutual fund designed primarily to achieve maximum total return while emphasizing the preservation of capital. This fund invests at least 80% of its assets in a diversified portfolio of bonds and other debt securities, spanning a broad spectrum of maturities, credit qualities, and issuers. Notable for its flexibility, the fund allocates capital across U.S. and non-U.S. bonds—recently holding about 81.6% in U.S. bonds and 13.9% in non-U.S. bonds—while maintaining minimal equity exposure. Classified within the intermediate core-plus bond category, it can incorporate various fixed income strategies, including limited use of derivatives to manage risk or enhance yield. The fund's portfolio is structured to provide recurring income through quarterly dividends, and it maintains a competitive expense ratio relative to peers. By prioritizing diversification and active management, American Funds Strategic Bond Fund 529-A serves individuals and institutions seeking a balanced fixed income solution with an explicit focus on capital stability and broad market exposure.
Performance
CANAX had a total return of 2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.14%.
Top 10 Holdings
26.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 10.29% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 4.58% |
| United States Treasury Notes 1.917% | TII.1.875 07.15.34 | 1.97% |
| United States Treasury Bonds 2.415% | TII.2.375 02.15.55 | 1.93% |
| Japan (Government Of) 2.4% | JGB.2.4 03.20.45 192 | 1.47% |
| United States Treasury Bonds 4.25% | T.4.25 08.15.54 | 1.34% |
| Japan (Government Of) 2.4% | JGB.2.4 03.20.55 86 | 1.24% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 1.22% |
| United States Treasury Bonds 0.154% | TII.0.125 02.15.51 | 1.13% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 13, 2025 | $0.0852 | Jun 16, 2025 |
| Mar 14, 2025 | $0.0804 | Mar 17, 2025 |
| Dec 18, 2024 | $0.0704 | Dec 19, 2024 |
| Sep 20, 2024 | $0.0652 | Sep 23, 2024 |
| Jun 14, 2024 | $0.0704 | Jun 17, 2024 |
| Mar 15, 2024 | $0.0703 | Mar 18, 2024 |