American Funds Emerging Markets Bond Fund Class 529-A (CBNAX)
| Fund Assets | 4.00B |
| Expense Ratio | 0.98% |
| Min. Investment | $250 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.74% |
| Dividend Growth | -9.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.61 |
| YTD Return | 2.26% |
| 1-Year Return | 16.02% |
| 5-Year Return | 12.78% |
| 52-Week Low | 7.36 |
| 52-Week High | 8.63 |
| Beta (5Y) | 0.43 |
| Holdings | 773 |
| Inception Date | Jul 29, 2016 |
About CBNAX
American Funds Emerging Markets Bond Fund Class 529-A is an open-end mutual fund focused on debt from developing economies. Its primary objective is to deliver a high level of total return by investing predominantly in **sovereign and corporate bonds** across emerging markets, with flexibility to hold **U.S. dollar–denominated and local-currency issues**. The portfolio is largely allocated to **non‑U.S. government and agency securities**, complemented by corporate bonds and a smaller sleeve of U.S. Treasuries, reflecting a diversified approach to country, currency, and credit exposures. Managed by Capital Group, the fund distributes **monthly income** and maintains an intermediate **effective duration** profile, aligning interest-rate sensitivity with its global credit strategy. It operates under a policy to invest at least **80% of net assets in bonds and other debt securities**, positioning it squarely within the emerging-markets bond category. With thousands of holdings across more than a hundred issuers and a multi-manager process, it seeks balanced exposure to hard- and local‑currency debt, aiming to capture income and spread opportunities while managing volatility typical of emerging markets fixed income.
Performance
CBNAX had a total return of 16.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 0.76% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 0.76% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.76% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.76% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04087 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04139 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03896 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03986 | Nov 3, 2025 |
| Sep 30, 2025 | $0.04039 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04051 | Sep 2, 2025 |