American Funds Strategic Bond Fund Class R-1 (RANAX)
| Fund Assets | 21.51B |
| Expense Ratio | 1.40% |
| Min. Investment | $250 |
| Turnover | 216.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.24% |
| Dividend Growth | 28.52% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 9.06 |
| YTD Return | -2.28% |
| 1-Year Return | 1.75% |
| 5-Year Return | -7.97% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.49 |
| Beta (5Y) | n/a |
| Holdings | 2371 |
| 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 1.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.41%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.0785 | Mar 20, 2026 |
| Dec 17, 2025 | $0.0733 | Dec 18, 2025 |
| Sep 19, 2025 | $0.0724 | Sep 19, 2025 |
| Jun 13, 2025 | $0.0696 | Jun 16, 2025 |
| Mar 14, 2025 | $0.0646 | Mar 17, 2025 |
| Dec 18, 2024 | $0.0556 | Dec 19, 2024 |