About RANHX
American Funds Strategic Bond Fund Class R-2E is an open-end mutual fund specializing in diversified fixed income investments. The fund’s primary objective is to deliver maximum total return while also prioritizing preservation of capital. It achieves this by allocating at least 80% of its assets to a broad selection of bonds, including U.S. and non-U.S. government and agency securities, corporate bonds, mortgage- and asset-backed securities, and emerging markets debt. Notably, the portfolio reflects a strategic mix: significant allocations are made to U.S. bonds, with supplementary exposure to non-U.S. bonds and cash equivalents, aiming for both yield and risk diversification.
Within the fund, key sectors include U.S. Treasuries, mortgage-backed obligations, corporate debt, and select international government and corporate issues. Active management and higher portfolio turnover allow the investment team to tactically adjust holdings in response to changing market conditions.
This fund plays a significant role in the intermediate core-plus bond fund category, often serving as a core fixed income holding for retirement plans and diversified portfolios. Its broad approach aims to balance income generation and capital protection amid varying interest rate and credit cycles.
Fund Family Capital Group
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol RANHX
Share Class Class R-2e
Index Bloomberg U.S. Aggregate Bond TR
RANHX had a total return of -4.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.46%.
