American Funds Strategic Bond Fund Class 529-A (CANAX)
| Fund Assets | 21.50B |
| Expense Ratio | 0.70% |
| Min. Investment | $250 |
| Turnover | 313.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.51% |
| Dividend Growth | 24.79% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 9.79 |
| YTD Return | 1.34% |
| 1-Year Return | 8.97% |
| 5-Year Return | -3.77% |
| 52-Week Low | 9.04 |
| 52-Week High | 9.81 |
| Beta (5Y) | n/a |
| Holdings | 2316 |
| 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 8.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.36%.
Top 10 Holdings
25.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 14.81% |
| United States Treasury Bonds 4.625% | T.4.625 11.15.55 | 1.93% |
| Cash And Other Assets Less Liablities | n/a | 1.43% |
| United States Treasury Notes 4% | T.4 11.15.35 | 1.34% |
| Japan (Government Of) 2.4% | JGB.2.4 03.20.45 192 | 1.19% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 1.17% |
| United States Treasury Bonds 0.156% | TII.0.125 02.15.51 | 1.09% |
| Japan (Government Of) 2.4% | JGB.2.4 03.20.55 86 | 0.98% |
| United States Treasury Notes 1.944% | TII.1.875 07.15.34 | 0.96% |
| United States Treasury Bonds 4.25% | T.4.25 02.15.54 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.0894 | Dec 18, 2025 |
| Sep 19, 2025 | $0.0898 | Sep 19, 2025 |
| 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 |