American Funds Strategic Bond Fund (RANAX)
| Fund Assets | 20.32B |
| Expense Ratio | 1.42% |
| Min. Investment | $250 |
| Turnover | 313.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.53% |
| Dividend Growth | 3.60% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 13, 2025 |
| Previous Close | 9.44 |
| YTD Return | 7.03% |
| 1-Year Return | 1.99% |
| 5-Year Return | -8.14% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 2192 |
| Inception Date | Mar 18, 2016 |
About RANAX
American Funds Strategic Bond Fund Class R-1 is an actively managed mutual fund specializing in intermediate core-plus taxable bonds. The fund’s primary objective is to achieve maximum total return while maintaining preservation of capital. It invests predominantly in bonds and other debt securities, allocating at least 80% of its assets to these instruments, which may include both U.S. and non-U.S. bonds as well as derivatives. Notable features include a broad and flexible investment mandate that spans corporate bonds, government securities, and emerging market debt, aiming to capture opportunities across various interest rate environments and credit cycles. The fund is distinguished by its substantial scale, holding thousands of issuers and a significant proportion of assets in U.S. bonds, making it a representative participant in the fixed-income market. Its portfolio turnover and diversified exposure contribute to its role as a core holding or complement in a diversified fixed-income allocation for investors seeking efficient total return strategies consistent with risk management and capital preservation principles.
Performance
RANAX had a total return of 1.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.73%.
Top 10 Holdings
27.06% of assets| Name | Symbol | Weight |
|---|---|---|
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 11.04% |
| UNIFORM MBS - FNCL 6.0 UMBS TBA 07-01-55 | FNCL.6 7.11 | 4.62% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 1.875% 07-15-34 | TII.1.875 07.15.34 | 1.97% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-55 | TII.2.375 02.15.55 | 1.93% |
| JAPAN (GOVERNMENT OF) - JAPAN GOVERNMENT TWENTY YEAR BOND JPY 2.4% 03-20-45 | JGB.2.4 03.20.45 192 | 1.47% |
| UNITED STATES TREASURY NOTE 4.25% 08-15-54 | T.4.25 08.15.54 | 1.34% |
| JAPAN (GOVERNMENT OF) - JAPAN GOVERNMENT THIRTY YEAR BOND JPY 2.4% 03-20-55 | JGB.2.4 03.20.55 86 | 1.25% |
| UNITED STATES TREASURY NOTE 4.75% 02-15-45 | T.4.75 02.15.45 | 1.22% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 0.125% 02-15-51 | TII.0.125 02.15.51 | 1.13% |
| UNITED STATES TREASURY NOTE 4.25% 05-15-35 | T.4.25 05.15.35 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 13, 2025 | $0.0696 | Jun 16, 2025 |
| Mar 14, 2025 | $0.0646 | Mar 17, 2025 |
| Dec 18, 2024 | $0.0556 | Dec 19, 2024 |
| Sep 20, 2024 | $0.0493 | Sep 23, 2024 |
| Jun 14, 2024 | $0.0591 | Jun 17, 2024 |
| Mar 15, 2024 | $0.0542 | Mar 18, 2024 |