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.
American Funds Strategic Bond R-4 RANEX
- NAV / 1-Day Return 8.84 / −0.23 %
- Total Assets 19.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.18%
- Effective Duration 5.26 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0
Morningstar’s Analysis RANEX
Will RANEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Capital Group Central Cash Fund | 17.95 | 3.3 Bil | Cash and Equivalents |
Fnma Pass-Thru I 5% | 2.53 | 460.1 Mil | Securitized |
Federal National Mortgage Association 4% | 2.36 | 429.6 Mil | Securitized |
Federal National Mortgage Association 4.5% | 2.15 | 391.6 Mil | Securitized |
United States Treasury Notes 3.5% | 1.81 | 330.2 Mil | Government |
Federal National Mortgage Association 4.5% | 1.66 | 302.7 Mil | Securitized |
United States Treasury Bonds 1.75% | 1.64 | 298.3 Mil | Government |
Federal National Mortgage Association 5% | 1.39 | 252.5 Mil | Securitized |
United States Treasury Bonds 0.148% | 1.30 | 236.7 Mil | Government |
Fnma Pass-Thru I 4.5% | 1.20 | 218.7 Mil | Securitized |