About CBNFX
American Funds Emerging Markets Bond Fund 529-F-1 is an actively managed mutual fund focused on fixed income securities issued by emerging-market sovereigns and corporations. Its primary objective is to provide income and diversification by investing across a broad spectrum of emerging markets debt, including both U.S. dollar–denominated and local-currency bonds, with flexibility to allocate between sovereign and corporate issuers based on fundamental research. The portfolio is predominantly non‑U.S. bonds, reflecting its global mandate, and maintains a moderate effective duration profile alongside an income orientation supported by the fund’s yield metrics and regular monthly distributions. Managed by a seasoned team employing a differentiated, research-driven approach, the strategy spans more than 175 issuers and targets risk-adjusted returns through country selection, currency exposure, and credit analysis. With a multi-decade perspective from its managers and a history dating to 2016, the fund occupies a role in portfolios as a dedicated emerging-markets debt allocation, offering exposure to developing economies’ interest-rate cycles and currencies while complementing core bond holdings.
Fund Family Capital Group
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CBNFX
Share Class Class 529-f-1
Index JP Morgan EMBI Global Diversified TR
CBNFX had a total return of 6.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.68%.
