American Funds Emerging Markets Bond Fund (EBNAX)
The investment seeks a high level of total return over the long term, of which current income is a large component. The fund will invest at least 80% of its net assets (including any borrowing for investment purposes) in bonds and other debt securities, which may be represented by other investment instruments, including derivatives. It will invest at least 80% of its net assets (including any borrowing for investment purposes) in securities of emerging markets issuers. The fund may invest up to 100% of its assets in securities denominated in currencies other than the U.S. dollar. It is non-diversified.
Fund Info
| ISIN | US02631F1093 |
|---|---|
| CUSIP | 02631F109 |
| Issuer | American Funds |
| Inception Date | Apr 21, 2016 |
| Category | Emerging Markets Bonds |
| Min. Investment | $250 |
| Asset Class | Bond |
Expense Ratio
EBNAX has a high expense ratio of 0.98%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: EBNAX vs. AIVGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds Emerging Markets 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 Emerging Markets Bond Fund had a return of 0.49% year-to-date (YTD) and 11.77% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.49% | 11.29% |
| 1 month | 3.07% | 6.86% |
| 6 months | 5.64% | 16.73% |
| 1 year | 11.77% | 26.63% |
| 5 years (annualized) | 2.18% | 13.23% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of EBNAX, 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 | -1.07% | 0.14% | 1.09% | -2.20% | 0.49% | ||||||||
| 2023 | 4.44% | -4.16% | 2.65% | 0.05% | -0.29% | 4.55% | 2.47% | -2.21% | -2.93% | -0.49% | 5.14% | 4.02% | 13.44% |
| 2022 | -1.15% | -6.35% | -1.94% | -5.31% | 1.13% | -5.38% | 2.58% | 0.26% | -5.84% | 1.07% | 7.75% | 1.13% | -12.27% |
| 2021 | -1.19% | -2.07% | -2.17% | 1.85% | 1.75% | -0.26% | -0.02% | 1.33% | -2.07% | -0.32% | -2.25% | 1.52% | -3.97% |
| 2020 | 0.77% | -1.60% | -13.48% | 2.53% | 7.66% | 2.55% | 3.03% | 1.28% | -2.41% | -0.04% | 5.51% | 3.22% | 7.65% |
| 2019 | 4.77% | -0.10% | 0.06% | -0.08% | 0.47% | 4.85% | 0.92% | -3.38% | 0.71% | 1.24% | -0.61% | 2.96% | 12.15% |
| 2018 | 2.14% | -0.77% | 0.66% | -2.26% | -3.08% | -2.43% | 2.38% | -3.80% | 1.56% | -1.45% | 1.38% | 1.17% | -4.66% |
| 2017 | 2.04% | 2.09% | 1.98% | 1.27% | 1.12% | 0.21% | 1.77% | 1.65% | -0.48% | -1.15% | 0.77% | 0.49% | 12.34% |
| 2016 | 1.13% | 0.93% | -0.19% | -6.04% | 2.53% | -1.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EBNAX is 58, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
EBNAX (American Funds Emerging Markets Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds Emerging Markets Bond Fund (EBNAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds Emerging Markets Bond Fund granted a 6.60% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.53 | $0.56 | $0.45 | $0.50 | $0.52 | $0.55 | $0.57 | $0.29 |
Dividend yield | 6.60% | 6.55% | 7.34% | 4.84% | 4.89% | 5.22% | 5.91% | 5.53% | 3.00% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds Emerging Markets 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 | $0.04 | $0.04 | $0.05 | $0.05 | $0.00 | $0.18 | |||||||
| 2023 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.56 |
| 2021 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2020 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2019 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.52 |
| 2018 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.55 |
| 2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.02 | $0.57 |
| 2016 | $0.06 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.29 |
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 Emerging Markets 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 Emerging Markets Bond Fund was 24.77%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current American Funds Emerging Markets Bond Fund drawdown is 4.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.77% | Jan 5, 2021 | 455 | Oct 24, 2022 | — | — | — |
| -19.47% | Feb 18, 2020 | 25 | Mar 23, 2020 | 113 | Sep 1, 2020 | 138 |
| -10.61% | Feb 2, 2018 | 153 | Sep 11, 2018 | 192 | Jun 18, 2019 | 345 |
| -7.7% | Aug 17, 2016 | 75 | Dec 1, 2016 | 72 | Mar 17, 2017 | 147 |
| -4.07% | Jul 23, 2019 | 28 | Aug 29, 2019 | 82 | Dec 26, 2019 | 110 |
Volatility
Volatility Chart
The current American Funds Emerging Markets Bond Fund volatility is 1.41%, 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.