About FEBMX
American Funds Emerging Markets Bond Fund 529-F-2 is a mutual fund designed to provide 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 securities, primarily non-U.S. bonds that constitute the majority of its portfolio, alongside smaller allocations to U.S. bonds, cash equivalents, and minimal equities. The fund focuses on both sovereign and corporate bonds from emerging market issuers, denominated in U.S. dollars or local currencies, targeting countries with developing economies in regions such as Latin America, Asia, Africa, and Eastern Europe. Key characteristics include an effective duration around 5.8 years, monthly regular dividend payments, and capital gains distributions typically in June and December. Managed by experienced professionals including Robert Burgess, Luis Freitas De Oliveira, and Kirstie Spence, it emphasizes a differentiated approach to emerging markets debt within the Capital Group family of American Funds. This share class, designated 529-F-2, supports education savings plans under Section 529, offering investors exposure to high-yield opportunities in global emerging debt markets while maintaining a focus on total return potential.
Fund Family Capital Group
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FEBMX
Share Class Class 529-f-2
Index JP Morgan EMBI Global Diversified TR
FEBMX had a total return of 10.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.95%.
