About RANFX
American Funds Strategic Bond Fund Class R-5 is an actively managed mutual fund focused on intermediate-term, core-plus fixed income strategies. Its primary objective is to achieve maximum total return while preserving capital. The fund maintains a diversified portfolio by investing at least 80% of its assets in a broad range of bonds and debt securities, including U.S. government bonds, corporate bonds, mortgage- and asset-backed securities, and, selectively, high-yield and non-U.S. bonds. Up to 40% of assets may be allocated to emerging market issuers, and up to 50% can be denominated in non-U.S. currencies, providing exposure to global fixed income opportunities. The fund’s managers employ active sector rotation, interest rate positioning, and credit selection, utilizing both cash bonds and derivatives to adjust sensitivity to market shifts. Noted for its resilience during equity downturns, the fund balances interest rate and credit risk to seek attractive risk-adjusted returns. Its role in the financial market is to offer a flexible, diversified bond solution for investors seeking steady income and capital protection within retirement plans or diversified portfolios.
Fund Family Capital Group
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RANFX
Share Class Class R-5
Index Bloomberg U.S. Aggregate Bond TR
RANFX had a total return of -3.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.94%.
