American Funds Strategic Bond Fund (ANBAX)
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.
Fund Info
ISIN | US02631E1029 |
---|---|
CUSIP | 02631E102 |
Issuer | American Funds |
Inception Date | Mar 18, 2016 |
Category | Intermediate Core-Plus Bond |
Min. Investment | $250 |
Asset Class | Bond |
Expense Ratio
The American Funds Strategic Bond Fund has a high expense ratio of 0.71%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: ANBAX vs. DIA, ANBAX vs. FFHCX, ANBAX vs. LQD, ANBAX vs. ABNDX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds Strategic Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds Strategic Bond Fund had a return of -2.15% year-to-date (YTD) and -3.63% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -2.15% | 10.16% |
1 month | 0.56% | 3.47% |
6 months | 3.31% | 22.20% |
1 year | -3.63% | 30.45% |
5 years (annualized) | 1.13% | 13.16% |
10 years (annualized) | N/A | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.00% | -2.37% | ||||||||||
2023 | -0.76% | -2.68% | -1.80% | 4.36% | 3.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
American Funds Strategic Bond Fund | -0.50 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
American Funds Strategic Bond Fund granted a 3.10% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|---|---|
Dividend | $0.28 | $0.27 | $0.50 | $0.20 | $0.45 | $0.32 | $0.34 | $0.21 | $0.14 |
Dividend yield | 3.10% | 2.91% | 5.31% | 1.74% | 3.87% | 3.09% | 3.49% | 2.06% | 1.42% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds Strategic Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 |
2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.32 |
2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 |
2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.33 |
2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.25 |
2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.24 |
2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.15 |
2016 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds Strategic Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds Strategic Bond Fund was 19.33%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current American Funds Strategic Bond Fund drawdown is 14.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.33% | Sep 23, 2021 | 522 | Oct 19, 2023 | — | — | — |
-5.3% | Mar 6, 2020 | 10 | Mar 19, 2020 | 11 | Apr 3, 2020 | 21 |
-4.45% | Jan 4, 2021 | 52 | Mar 18, 2021 | 124 | Sep 14, 2021 | 176 |
-3.66% | Oct 26, 2016 | 36 | Dec 15, 2016 | 83 | Apr 18, 2017 | 119 |
-3.42% | Sep 6, 2017 | 175 | May 16, 2018 | 159 | Jan 3, 2019 | 334 |
Volatility
Volatility Chart
The current American Funds Strategic Bond Fund volatility is 1.61%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.