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American Funds Strategic Bond Fund (ANBAX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

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.

Share Price Chart

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The chart shows the growth of $10,000 invested in American Funds Strategic Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,766 for a total return of roughly 17.66%. All prices are adjusted for splits and dividends.

ANBAX (American Funds Strategic Bond Fund)
Benchmark (^GSPC)

S&P 500

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American Funds Strategic Bond Fund had a return of 2.65% year-to-date (YTD) and -7.86% in the last 12 months. Over the past 10 years, American Funds Strategic Bond Fund had an annualized return of 2.36%, while the S&P 500 had an annualized return of 9.92%, indicating that American Funds Strategic Bond Fund did not perform as well as the benchmark.

1 month1.68%-1.87%
6 months1.00%2.64%
1 year-7.86%-10.31%
5 years (annualized)2.95%8.11%
10 years (annualized)2.36%9.92%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Funds Strategic Bond Fund Sharpe ratio is -0.91. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

ANBAX (American Funds Strategic Bond Fund)
Benchmark (^GSPC)

Dividend History

American Funds Strategic Bond Fund granted a 5.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.56 per share.


Dividend yield


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.


Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

ANBAX (American Funds Strategic Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds Strategic Bond Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Funds Strategic Bond Fund is 17.85%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.



To Bottom


To Recover



-17.85%Sep 23, 2021272Oct 20, 2022
-5.3%Mar 6, 202010Mar 19, 202011Apr 3, 202021
-4.45%Jan 4, 202152Mar 18, 2021124Sep 14, 2021176
-3.66%Oct 26, 201636Dec 15, 201683Apr 18, 2017119
-3.42%Sep 6, 2017175May 16, 2018159Jan 3, 2019334
-1.24%Aug 26, 201914Sep 13, 201913Oct 2, 201927
-1.17%Apr 19, 201715May 9, 20176May 17, 201721
-1.14%Oct 4, 20198Oct 15, 201955Jan 3, 202063
-1.09%Aug 11, 202052Oct 22, 202019Nov 18, 202071
-0.97%Jun 27, 20178Jul 7, 201710Jul 21, 201718

Volatility Chart

Current American Funds Strategic Bond Fund volatility is 18.84%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

ANBAX (American Funds Strategic Bond Fund)
Benchmark (^GSPC)