RANHX: American Funds Strategic Bond R-2E

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

RANHX - Profile

Vitals

  • YTD Return 6.0%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return N/A
  • Net Assets $904 M
  • Holdings in Top 10 51.7%

52 WEEK LOW AND HIGH

$10.42
$9.75
$10.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

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

BROKERAGE FEES

  • Turnover 295.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Core-Plus Bond

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.07%
DIVIDENDS
  • Dividend Yield 1.8%
  • 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 Ritchie Tuazon

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. The fund invests in debt securities with a wide range of maturities. It is non-diversified.

RANHX - Performance

Return Ranking - Trailing

Period RANHX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -1.1% 84.1% 24.13%
1 Yr 5.6% -6.3% 20.3% 53.19%
3 Yr 0.2%* -2.7% 8.8% 51.14%
5 Yr N/A* -14.8% 7.0% N/A
10 Yr N/A* -8.6% 6.4% N/A

* Annualized


Return Ranking - Calendar

Period RANHX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.2% -13.7% 7.3% 67.44%
2017 1.0% -6.5% 21.2% 52.74%
2016 N/A -58.1% 8.6% N/A
2015 N/A -24.0% 3.0% N/A
2014 N/A -60.4% 26.9% N/A

Total Return Ranking - Trailing

Period RANHX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -1.1% 84.1% 25.67%
1 Yr 5.6% -6.3% 20.3% 50.97%
3 Yr 0.2%* -2.7% 8.8% 59.90%
5 Yr N/A* -14.8% 7.0% N/A
10 Yr N/A* -8.6% 6.9% N/A

* Annualized


Total Return Ranking - Calendar

Period RANHX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.2% -13.7% 6.9% 73.40%
2017 1.0% -6.5% 27.0% 61.44%
2016 N/A -58.1% 10.7% N/A
2015 N/A -14.6% 4.2% N/A
2014 N/A -60.4% 26.9% N/A

NAV & Total Return History

RANHX - Holdings

Concentration Analysis

RANHX Category Low Category High RANHX % Rank
Net Assets 904 M 698 K 241 B 41.94%
Number of Holdings 223 1 17412 57.85%
Net Assets in Top 10 403 M -195 M 22.6 B 22.44%
Weighting of Top 10 51.66% 2.5% 215.9% 14.07%

Top 10 Holdings

  1. United States Treasury Notes 2.12% 29.02%

  2. Federal National Mortgage Association 3.5% 7.98%

  3. United States Treasury Bonds 2.88% 4.56%

  4. United States Treasury Notes 2.38% 3.17%

  5. United States Treasury Bonds 1% 2.34%

  6. United States Treasury Notes 2% 1.52%

  7. Takeda Pharmaceutical Company Limited 5% 0.78%

  8. Broadcom Corp 75% 0.77%

  9. Sands China Ltd 5.4% 0.77%

  10. Nigeria (Republic Of) 0% 2020 0.76%


Asset Allocation

Weighting Return Low Return High RANHX % Rank
Bonds
94.73% 80.14% 153.76% 73.84%
Cash
4.68% -46.73% 22.95% 24.35%
Convertible Bonds
0.56% 0.00% 6.16% 27.65%
Preferred Stocks
0.03% -48.13% 8.19% 10.92%
Stocks
0.00% -14.50% 18.61% 17.87%
Other
0.00% -55.96% 29.72% 18.86%

Bond Sector Breakdown

Weighting Return Low Return High RANHX % Rank
Government
51.48% -74.40% 253.85% 9.18%
Corporate
32.79% -57.89% 99.47% 27.79%
Securitized
9.42% 0.00% 141.25% 42.93%
Cash & Equivalents
4.68% -46.73% 22.95% 24.18%
Municipal
1.63% 0.00% 157.77% 51.72%
Derivative
0.00% -125.90% 27.06% 16.73%

Bond Geographic Breakdown

Weighting Return Low Return High RANHX % Rank
US
79.14% 66.38% 153.76% 91.14%
Non US
15.59% -55.96% 22.80% 5.42%

RANHX - Expenses

Operational Fees

RANHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.00% 209.96% 24.78%
Management Fee 0.45% 0.00% 1.25% 65.86%
12b-1 Fee 0.60% 0.00% 1.00% 72.68%
Administrative Fee 0.05% 0.00% 0.63% 14.53%

Sales Fees

RANHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

RANHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Turnover 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.

RANHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 295.00% 0.00% 1856.00% 94.77%

RANHX - Distributions

Dividend Yield Analysis

RANHX Category Low Category High RANHX % Rank
Dividend Yield 1.85% 0.00% 95.70% 20.13%

Dividend Distribution Analysis

RANHX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

RANHX Category Low Category High RANHX % Rank
Net Income Ratio 3.07% -0.18% 6.30% 23.20%

Capital Gain Distribution Analysis

RANHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

RANHX - Managers

Ritchie Tuazon

Manager

Start Date

Tenure

Tenure Rank

Mar 18, 2016

3.54

3.5%

Ritchie Tuazon is a fixed-income portfolio manager at Capital Group with research responsibility for U.S. Treasuries and TIPS. He has 12 years of investment experience and has been with Capital Group for two 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.


David A. Hoag

Manager

Start Date

Tenure

Tenure Rank

Mar 18, 2016

3.54

3.5%

David A. Hoag is a fixed income portfolio manager at Capital Group. He has 30 years of investment experience and has been with Capital Group for 26 years. 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 and a bachelor’s degree in economics and business from Wheaton College, Illinois. David is based in Los Angeles.


Damien J. McCann

Manager

Start Date

Tenure

Tenure Rank

Mar 18, 2016

3.54

3.5%

Investment professional for 19years, all with Capital Research and Management Company or affiliate


Tenure Analysis

Category Low

0.0

Category High

32.85

Category Average

7.59

Category Mode

7.37