About RANBX
American Funds Strategic Bond Fund Class R-2 is an open-end mutual fund focused on generating maximum total return while emphasizing the preservation of capital. Its primary function is to offer diversified exposure to global fixed-income markets, investing at least 80% of its assets in a broad mix of bonds and debt securities. The fund's portfolio typically includes U.S. government and agency bonds, corporate bonds, mortgage- and asset-backed securities, emerging markets debt, as well as non-U.S. and municipal bonds, providing significant risk and sector diversification.
By maintaining a flexible investment approach, the fund seeks to capture opportunities across various segments of the bond market, adapting to changing economic environments. As of June 2025, its holdings are predominantly in U.S. bonds, with a meaningful allocation to non-U.S. bonds, and a moderate effective duration that helps manage interest rate risk. The fund regularly distributes dividends on a quarterly basis, aligning with the needs of income-focused investors. Given its diversified and adaptive strategy, the American Funds Strategic Bond Fund Class R-2 plays a complementary role in broader fixed-income portfolio allocations, contributing both income and stability.
Fund Family American Funds
Category Intermediate Core-Plus Bond
Stock Exchange NASDAQ
Ticker Symbol RANBX
Share Class Class R-2
Index Bloomberg U.S. Aggregate Bond TR
RANBX had a total return of 2.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.75%.