American Funds Emerging Markets Bd 529E (CBNEX)
| Fund Assets | 6.58B |
| Expense Ratio | 1.15% |
| Min. Investment | $250 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 5.71% |
| Dividend Growth | -10.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.16 |
| YTD Return | 2.39% |
| 1-Year Return | 7.89% |
| 5-Year Return | 11.97% |
| 52-Week Low | 7.91 |
| 52-Week High | 8.33 |
| Beta (5Y) | 0.43 |
| Holdings | 955 |
| 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 7.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
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 C | 1.79% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income M | 1.04% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Z | 0.69% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income I | 0.79% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03868 | Jul 1, 2026 |
| May 29, 2026 | $0.03963 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0394 | May 1, 2026 |
| Mar 31, 2026 | $0.04001 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03563 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03951 | Feb 2, 2026 |