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
US02631E1029
02631E102
Mar 18, 2016
$250
Expense Ratio
ANBAX features an expense ratio of 0.71%, falling within the medium range.
Share Price Chart
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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 -1.49% year-to-date (YTD) and -0.74% in the last 12 months.
ANBAX
-1.49%
-1.65%
-0.21%
-0.74%
0.44%
N/A
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of ANBAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.00% | -2.37% | 0.22% | -2.33% | 1.70% | 1.00% | 2.56% | 1.63% | 1.55% | -2.75% | 0.11% | -1.49% | |
| 2023 | 2.65% | -2.38% | 3.18% | 0.10% | -2.06% | -1.90% | 0.11% | -0.76% | -2.68% | -1.80% | 4.36% | 3.03% | 1.52% |
| 2022 | -1.06% | -0.45% | -1.92% | -3.76% | -0.10% | -2.06% | 3.14% | -2.66% | -6.32% | -1.26% | 3.50% | -0.20% | -12.74% |
| 2021 | -0.77% | -1.64% | -1.53% | 0.98% | 0.27% | 0.88% | 1.23% | 0.17% | 0.30% | -1.56% | 0.79% | -0.20% | -1.13% |
| 2020 | 1.95% | 3.05% | 2.51% | 3.26% | 1.58% | 1.38% | 1.97% | -0.67% | 0.17% | -0.34% | 1.53% | 0.45% | 18.10% |
| 2019 | 1.73% | -0.00% | 1.45% | 0.79% | 1.66% | 1.01% | -0.10% | 0.38% | -0.10% | 0.38% | -0.29% | 0.66% | 7.83% |
| 2018 | -1.28% | -0.10% | 0.00% | -0.60% | 0.91% | -0.31% | 0.10% | 0.80% | -0.91% | -0.10% | 0.71% | 1.07% | 0.26% |
| 2017 | 0.90% | 0.79% | -0.30% | 0.69% | 0.59% | -0.20% | 0.68% | 0.39% | -0.20% | 0.19% | -0.48% | 0.10% | 3.18% |
| 2016 | 0.89% | -0.20% | 1.52% | 0.39% | -0.19% | 0.29% | 0.10% | -2.03% | 0.10% | 0.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ANBAX is 4, meaning it’s performing worse than 96% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds Strategic Bond Fund provided a 2.29% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.27 | $0.50 | $0.20 | $0.22 | $0.10 | $0.35 | $0.12 | $0.05 |
Dividend yield | 2.29% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.21 |
| 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 | $0.27 |
| 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 | $0.50 |
| 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 | $0.20 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.22 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.10 |
| 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 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.12 |
| 2016 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 13.95%.
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 2.15%, 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.