American Funds Strategic Bond R-2 (RANBX)
9.63
-0.08
(-0.82%)
USD |
Mar 27 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.37% | 17.40B | 4.52% | 75.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 7.779B | -6.42% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide maximum total return consistent with preservation of capital. The fund will invest at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives. It may invest in a broad range of debt securities, including corporate bonds and debt and mortgage-backed securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RANJX |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Intermediate Core-Plus Bond |
| Category Index | Bloomberg US Universal TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | American Funds |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Damien McCann | 6.96 yrs |
| Ritchie Tuazon | 6.96 yrs |
| Xavier Goss | 2.00 yrs |
| Timothy Ng | 0.00 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
2
7.779B
-8.753B
Category Low
19.79B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 27, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
United States Treasury Notes 3.125%
|
4.97% | -- | -- |
|
Federal Home Loan Mortgage Corporation 4.5%
|
3.87% | -- | -- |
|
United States Treasury Notes 0.134%
|
3.36% | -- | -- |
|
Federal Home Loan Mortgage Corporation 5%
|
3.33% | -- | -- |
|
United States Treasury Notes 0.641%
|
2.81% | -- | -- |
|
United States Treasury Notes 2.625%
|
2.26% | -- | -- |
|
United States Treasury Bonds 1.75%
|
1.94% | -- | -- |
|
United States Treasury Notes 0.142%
|
1.84% | -- | -- |
|
United States Treasury Notes 0.143%
|
1.84% | -- | -- |
|
United States Treasury Notes 3.25%
|
1.75% | -- | -- |
Basic Info
| Investment Strategy | |
| The investment seeks to provide maximum total return consistent with preservation of capital. The fund will invest at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives. It may invest in a broad range of debt securities, including corporate bonds and debt and mortgage-backed securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RANJX |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Intermediate Core-Plus Bond |
| Category Index | Bloomberg US Universal TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | American Funds |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Damien McCann | 6.96 yrs |
| Ritchie Tuazon | 6.96 yrs |
| Xavier Goss | 2.00 yrs |
| Timothy Ng | 0.00 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-27-23) | 4.52% |
| 30-Day SEC Yield (2-28-23) | Upgrade |
| 7-Day SEC Yield (8-31-17) | Upgrade |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.39% |
| Yield to Maturity | Upgrade |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 3/18/2016 |
| Last Annual Report Date | 12/31/2022 |
| Last Prospectus Date | 3/1/2023 |
| Share Classes | |
| ANBAX | A |
| ANBCX | C |
| ANBEX | Other |
| ANBFX | Other |
| ANBGX | Inst |
| CANAX | A |
| CANCX | C |
| CANEX | Other |
| CANFX | Other |
| FBSSX | Other |
| FSBMX | Other |
| RANAX | Retirement |
| RANCX | Retirement |
| RANEX | Retirement |
| RANFX | Retirement |
| RANGX | Retirement |
| RANHX | Retirement |
| RANJX | Retirement |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |