About EBNAX
American Funds Emerging Markets Bond Fund Class A is a mutual fund that seeks a high level of total return over the long term, with current income as a significant component. It invests at least 80% of its net assets in emerging markets debt securities, including sovereign and government bonds, quasi-sovereign debt, and corporate bonds issued by companies in developing countries. The portfolio features both U.S. dollar-denominated and local currency bonds, providing exposure to economies across Latin America, Asia, Africa, and other emerging regions. Key characteristics include a focus on non-U.S. bonds, which typically comprise the majority of holdings, supplemented by limited allocations to U.S. bonds, cash equivalents, and minimal equity positions. The fund pays regular monthly dividends and distributes capital gains semiannually, emphasizing income generation alongside potential capital appreciation. Managed by experienced professionals at Capital Group, it offers investors a differentiated approach to emerging markets fixed income, balancing credit, currency, and interest rate considerations in a volatile asset class. Launched in 2016, this Class A share class caters to those pursuing diversification and growth opportunities from developing economies within a bond-focused strategy.
Fund Family Capital Group
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol EBNAX
Share Class Class A
Index JP Morgan EMBI Global Diversified TR
EBNAX had a total return of 9.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.22%.
