- ISIN
- US02631F1093
- CUSIP
- 02631F109
- Issuer
- American Funds
- Inception Date
- Apr 21, 2016
- Category
- Emerging Markets Bonds
- Min. Investment
- $250
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
EBNAX Performance Chart
American Funds Emerging Markets Bond Fund (EBNAX) is up 1.6% since the beginning of the year. EBNAX is currently trading at $8 per share. Investors who bought $1,000 worth of EBNAX shares 5 years ago would now be looking at an investment worth $1,118.
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Returns By Period
American Funds Emerging Markets Bond Fund (EBNAX) has returned 1.63% so far this year and 7.34% over the past 12 months.
American Funds Emerging Markets Bond Fund
- 1D
- 0.25%
- 1M
- -0.86%
- 6M
- 0.27%
- YTD
- 1.63%
- 1Y
- 7.34%
- 3Y*
- 6.67%
- 5Y*
- 2.26%
- 10Y*
- —
- ALL TIME*
- 3.51%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
EBNAX Monthly Returns History
Based on dividend-adjusted daily data since Aug 2, 2016, EBNAX's average daily return is +0.01%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2022 with a return of +7.7%, while the worst month was Mar 2020 at -13.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EBNAX closed higher 46% of trading days. The best single day was Mar 25, 2020 with a return of +2.5%, while the worst single day was Mar 12, 2020 at -4.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.36% | 1.29% | -3.94% | 2.53% | 0.76% | 0.74% | -0.98% | 1.63% | |||||
| 2025 | 1.94% | 0.95% | 0.61% | 1.33% | 1.33% | 2.97% | -0.11% | 2.16% | 1.38% | 0.74% | 0.85% | 0.76% | 15.91% |
| 2024 | -1.07% | 0.14% | 1.09% | -2.20% | 1.78% | -0.45% | 1.78% | 2.27% | 2.59% | -3.25% | 0.07% | -2.24% | 0.33% |
| 2023 | 4.44% | -4.16% | 2.64% | -0.52% | -0.30% | 4.55% | 2.46% | -2.21% | -2.93% | -1.07% | 5.14% | 4.02% | 12.11% |
| 2022 | -1.15% | -6.35% | -1.94% | -5.31% | 1.14% | -6.10% | 1.89% | 0.27% | -6.40% | 1.07% | 7.74% | 1.13% | -14.03% |
| 2021 | -1.19% | -2.07% | -2.17% | 1.85% | 1.76% | -0.25% | -0.02% | 1.34% | -2.07% | -0.32% | -2.25% | 1.51% | -3.96% |
Benchmark Metrics
American Funds Emerging Markets Bond Fund has an annualized alpha of 1.39%, beta of 0.17, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since August 02, 2016.
- This fund participated in 49.18% of S&P 500 Index downside but only 31.87% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.17 may look defensive, but with R2 of 0.19 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.19 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.39%
- Beta
- 0.17
- R²
- 0.19
- Upside Capture
- 31.87%
- Downside Capture
- 49.18%
Expense Ratio
EBNAX has a high expense ratio of 0.98%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
EBNAX ranks 57 for risk / return — above 57% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for American Funds Emerging Markets Bond Fund (EBNAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EBNAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.00 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.26 | 8.49 | -2.24 |
Dividends
Dividend History
American Funds Emerging Markets Bond Fund provided a 5.49% dividend yield over the last twelve months, with an annual payout of $0.44 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.50 | $0.55 | $0.44 | $0.41 | $0.45 | $0.50 | $0.61 | $0.55 | $0.68 | $0.18 |
Dividend yield | 5.49% | 6.12% | 7.26% | 5.45% | 5.39% | 4.85% | 4.89% | 6.09% | 5.90% | 6.59% | 1.85% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.24 | |||||
| 2025 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2024 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.55 |
| 2023 | $0.05 | $0.04 | $0.05 | $0.00 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.04 | $0.04 | $0.44 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.41 |
| 2021 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
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.
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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 26.27%, occurring on Oct 24, 2022. Recovery took 667 trading sessions.
The current American Funds Emerging Markets Bond Fund drawdown is 1.10%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-26.27%Oct 2022 | 1y 9mo | 2y 8mo | 4y 5moJan 2021 - Jun 2025 | Bear market2022 |
-19.47%Mar 2020 | 1mo 2d | 5mo 12d | 6mo 14dFeb 2020 - Sep 2020 | COVID crash2020 |
-10.62%Sep 2018 | 7mo 11d | 9mo 10d | 1y 4moFeb 2018 - Jun 2019 | Rate-hike selloffLate 2018 |
-7.71%Dec 2016 | 3mo 16d | 3mo 16d | 7mo 2dAug 2016 - Mar 2017 | — |
-4.93%Mar 2026 | 28d | 2mo 18d | 3mo 16dMar 2026 - Jun 2026 | — |
Drawdown Indicators
| EBNAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.27% | -56.78% | +30.51% |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | -9.10% | +4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -6.06% | -18.90% | +12.84% |
Max Drawdown (5Y)Largest decline over 5 years | -25.72% | -25.43% | -0.29% |
Max Drawdown (10Y)Largest decline over 10 years | -26.27% | -33.92% | +7.65% |
Current DrawdownCurrent decline from peak | -1.10% | -1.58% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -10.70% | +4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 2.14% | -0.83% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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