American Funds Emerging Markets Bond Fund Class 529-E (CBNEX)
| Fund Assets | 4.00B |
| Expense Ratio | 1.18% |
| Min. Investment | $250 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.74% |
| Dividend Growth | -9.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.31 |
| YTD Return | 2.32% |
| 1-Year Return | 16.11% |
| 5-Year Return | 12.95% |
| 52-Week Low | 7.10 |
| 52-Week High | 8.33 |
| Beta (5Y) | n/a |
| Holdings | 773 |
| Inception Date | Jul 29, 2016 |
About CBNEX
American Funds Emerging Markets Bond Fund 529E is a mutual fund focused on fixed income from developing economies, aiming to deliver a high level of total return with a substantial emphasis on current income. The strategy primarily invests in sovereign and quasi-sovereign debt from non‑U.S. issuers, complemented by selective corporate bonds, reflecting a portfolio dominated by non‑U.S. bonds and modest U.S. exposure. The fund maintains an intermediate effective duration profile and distributes income monthly, aligning it with investors seeking consistent cash flows within the emerging markets debt category. Managed by Capital Research and Management Company, the portfolio is broadly diversified across more than 170 issuers and is benchmarked against widely used emerging markets debt and core bond indices for risk and return context. Key characteristics such as average yield to worst, coupon profile, and turnover are actively managed to balance income generation with credit and interest rate risks inherent in hard‑currency emerging markets debt exposure.
Performance
CBNEX had a total return of 16.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.39%.
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 | $0.03951 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04012 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03759 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03845 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0389 | Oct 1, 2025 |
| Aug 29, 2025 | $0.039 | Sep 2, 2025 |