Morningstar

American Funds Strategic Bond Fund Class R-3 RANCX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 8.95  /  −0.44 %
  • Total Assets 21.2B
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.84%
  • Effective Duration 7.51 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RANCX

Will RANCX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RANCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RANCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RANCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A complement for equity market exposure.

Director Alec Lucas

Alec Lucas

Director

Summary

American Funds Strategic Bond’s complexities and lumpy results versus its intermediate core-plus bond Morningstar Category peers can make it difficult to use well, but the fund can serve as an effective complement in a diversified portfolio to equity market exposure.

by Alec Lucas
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Portfolio Holdings RANCX

More RANCX Holdings
  • 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

10.29 2B
Cash and Equivalents

United States Treasury Notes 1.877%

3.43 727M
Government

United States Treasury Bonds 4.625%

3.31 701M
Government

United States Treasury Bonds 4.75%

1.14 241M
Government

United States Treasury Bonds 2.448%

1.11 234M
Government

Japan (Government Of) 2.4%

1.10 233M
Government

United States Treasury Bonds 0.156%

1.05 222M
Government

United States Treasury Notes 1.944%

0.94 199M
Government

United States Treasury Bonds 4.25%

0.92 195M
Government

Japan (Government Of) 2.4%

0.89 189M
Government

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