American Funds Strategic Bond Fund Class 529-F-1 (CANFX)
| Fund Assets | 21.51B |
| Expense Ratio | 0.74% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.19% |
| Dividend Growth | 23.77% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 9.07 |
| YTD Return | -2.27% |
| 1-Year Return | 1.35% |
| 5-Year Return | -5.00% |
| 52-Week Low | 9.04 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 2371 |
| Inception Date | Mar 18, 2016 |
About CANFX
The American Funds Strategic Bond Fund 529-F-1 is an open-end mutual fund that primarily focuses on generating maximum total return while maintaining preservation of capital. As a diversified bond fund, it invests at least 80% of its assets in fixed-income securities, with a significant allocation to U.S. bonds and a portion dedicated to non-U.S. bonds. The fund's strategy allows exposure to a wide range of bond sectors, including investment-grade government and corporate bonds, as well as a limited allocation to below-investment-grade and emerging-markets debt, capped to help manage overall risk. Notable characteristics of this fund include a broad issuer base—holding hundreds of securities—a moderate effective duration, and regular dividend distributions scheduled quarterly. It also maintains competitive expense ratios within its category and demonstrates an active management approach, as reflected in its portfolio turnover. The fund serves a diverse set of investors, including those utilizing 529 college savings plans. With its balanced and flexible approach to risk and return, the American Funds Strategic Bond Fund 529-F-1 plays a key role for investors seeking diversified fixed-income exposure within their broader financial strategies.
Performance
CANFX had a total return of 1.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.16%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.0994 | Mar 20, 2026 |
| Dec 17, 2025 | $0.0945 | Dec 18, 2025 |
| Sep 19, 2025 | $0.0952 | Sep 19, 2025 |
| Jun 13, 2025 | $0.0905 | Jun 16, 2025 |
| Mar 14, 2025 | $0.0852 | Mar 17, 2025 |
| Dec 18, 2024 | $0.076 | Dec 19, 2024 |