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American Funds Strategic Bond R-2 RANBX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 8.99  /  −0.22 %
  • Total Assets 18.3 Bil
  • Adj. Expense Ratio
    1.350%
  • Expense Ratio 1.350%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Small
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 2.44%
  • Effective Duration 3.27 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:01 PM GMT+0

Morningstar’s Analysis RANBX

Will RANBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Stands out for its focus on rates rather than credit.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

American Funds Strategic Bond brings to the table a skilled leader, a robust team, and a distinctive but potentially volatile emphasis on macro decisions, including bold rates calls and short credit positioning.

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Portfolio Holdings RANBX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

14.72 2.7 Bil
Cash and Equivalents

United States Treasury Notes 3.5%

1.86 336.7 Mil
Government

United States Treasury Notes 3.875%

1.83 331.1 Mil
Government

United States Treasury Notes 3.5%

1.82 328.9 Mil
Government

United States Treasury Bonds 1.75%

1.73 312.0 Mil
Government

United States Treasury Bonds 0.148%

1.36 246.7 Mil
Government

Secretaria Tesouro Nacional 25.095%

1.26 227.2 Mil
Government

Fnma Pass-Thru I 4.5%

1.25 226.3 Mil
Securitized

Fnma Pass-Thru I 4.5%

1.23 221.8 Mil
Securitized

United States Treasury Bonds 4.375%

1.21 218.7 Mil
Government