RANEX: American Funds Strategic Bond R-4

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Profile

RANEX - Profile

Vitals

  • YTD Return 15.9%
  • 3 Yr Annualized Return 4.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $2.59 B
  • Holdings in Top 10 49.9%

52 WEEK LOW AND HIGH

$11.91
$10.24
$11.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 428.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 15.9%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.34%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    American Funds Strategic Bond Fund
  • Fund Family Name
    American Funds
  • Inception Date
    Mar 18, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Hoag

Fund Description

The fund will invest at least 80% of its assets in bonds and other debt securities, which may be represented by other investment instruments, including 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. It is non-diversified.


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Categories

Performance

RANEX - Performance

Return Ranking - Trailing

Period RANEX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -31.7% 965.7% 0.82%
1 Yr 13.9% -26.1% 966.7% 0.61%
3 Yr 4.9%* -9.3% 121.7% 2.04%
5 Yr N/A* -6.9% 61.0% N/A
10 Yr N/A* -5.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period RANEX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% -1.7% 20.3% 40.09%
2018 -3.3% -24.9% 0.8% 69.83%
2017 1.1% -6.0% 16.5% 50.44%
2016 N/A -14.9% 15.0% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period RANEX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -31.7% 965.7% 0.82%
1 Yr 13.9% -26.1% 966.7% 0.61%
3 Yr 4.9%* -8.9% 121.7% 3.25%
5 Yr N/A* -6.8% 61.0% N/A
10 Yr N/A* -5.1% 6.8% N/A

* Annualized

Total Return Ranking - Calendar

Period RANEX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% -1.7% 20.3% 40.93%
2018 -3.3% -24.9% 3.1% 75.31%
2017 1.1% -6.0% 17.5% 58.91%
2016 N/A -14.8% 15.0% N/A
2015 N/A -12.6% 4.2% N/A

NAV & Total Return History


Holdings

RANEX - Holdings

Concentration Analysis

RANEX Category Low Category High RANEX % Rank
Net Assets 2.59 B 622 K 277 B 23.19%
Number of Holdings 426 1 18149 40.77%
Net Assets in Top 10 1.29 B -587 M 22.2 B 9.74%
Weighting of Top 10 49.88% 2.5% 100.0% 11.18%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High RANEX % Rank
Bonds
91.26% 71.08% 169.81% 84.08%
Cash
7.86% -72.40% 27.48% 13.98%
Convertible Bonds
0.88% 0.00% 9.66% 32.33%
Preferred Stocks
0.01% -0.14% 8.39% 16.20%
Stocks
0.00% -0.53% 21.06% 92.02%
Other
0.00% -27.60% 28.63% 87.43%

Bond Sector Breakdown

Weighting Return Low Return High RANEX % Rank
Government
35.12% -2.21% 100.00% 14.51%
Corporate
26.36% 0.00% 99.66% 37.45%
Cash & Equivalents
24.91% -26.49% 69.70% 1.24%
Securitized
13.17% 0.00% 97.63% 41.62%
Municipal
0.43% 0.00% 100.11% 64.98%
Derivative
0.00% -0.83% 19.83% 92.98%

Bond Geographic Breakdown

Weighting Return Low Return High RANEX % Rank
US
78.89% 49.78% 150.78% 88.32%
Non US
12.37% -12.10% 39.65% 18.14%

Expenses

RANEX - Expenses

Operational Fees

RANEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 34.57% 38.80%
Management Fee 0.45% 0.00% 1.50% 72.58%
12b-1 Fee 0.25% 0.00% 1.00% 56.77%
Administrative Fee 0.05% 0.00% 0.50% 28.74%

Sales Fees

RANEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

RANEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RANEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 428.00% 0.00% 496.90% 99.18%

Distributions

RANEX - Distributions

Dividend Yield Analysis

RANEX Category Low Category High RANEX % Rank
Dividend Yield 0.00% 0.00% 3.60% 91.32%

Dividend Distribution Analysis

RANEX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

RANEX Category Low Category High RANEX % Rank
Net Income Ratio 2.34% -0.81% 6.02% 59.54%

Capital Gain Distribution Analysis

RANEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RANEX - Fund Manager Analysis

Managers

David Hoag


Start Date

Tenure

Tenure Rank

Mar 18, 2016

4.29

4.3%

David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee and the Target Date Solutions Committee. He has 32 years of investment experience and has been with Capital Group for 28 years. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. Prior to joining Capital, David worked as a municipal bond analyst for Van Kampen Merritt Investment Advisory Corp. in Lisle, Illinois. He holds an MBA in finance from the University of Chicago Booth School of Business.

Ritchie Tuazon


Start Date

Tenure

Tenure Rank

Mar 18, 2016

4.29

4.3%

Ritchie Tuazon is a fixed-income portfolio manager at Capital Group with research responsibility for U.S. Treasuries and TIPS. He has more than 20 years of investment experience and has been with Capital Group for more than 9 years. Prior to joining Capital, Ritchie was an interest-rate trader at Goldman Sachs & Co. and an investment banking analyst at J.P. Morgan. He holds a master’s degree in business administration from MIT Sloan School of Management, a master’s degree in public administration from The Harvard Kennedy School and a bachelor’s degree from the University of California, Berkeley. Ritchie is based in Los Angeles.

Damien McCann


Start Date

Tenure

Tenure Rank

Mar 18, 2016

4.29

4.3%

Damien J. McCann is a fixed income portfolio manager at Capital Group. He has 19 years of investment experience, all with Capital Group. Earlier in his career at Capital, he was a fixed income investment analyst and covered energy, leisure and lodging, and rails. He holds a bachelor’s degree in business administration with an emphasis on finance from California State University, Northridge. He also holds the Chartered Financial Analyst® designation. Damien is based in Los Angeles.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.14 33.6 7.5 0.5