American Funds Strategic Bond Fund Class F-1 (ANBEX)
American Funds Strategic Bond Fund Class F-1 operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Irvine, CA, US. The stock last traded at $8.97, up 0.00% on the session, giving a market capitalisation of $21.17B. On trailing twelve-month figures it carries a trailing P/E of -0.19, a net margin of -168.9%. Its beta of 1.02 implies it has historically moved more than the broad market.
The fund's primary objective is to generate robust overall returns while simultaneously prioritizing the safeguarding of invested capital. A substantial portion, no less than 80%, of its portfolio will be allocated to fixed-income instruments and other debt obligations, which may include synthetic exposure through derivatives. It possesses the flexibility to acquire a diverse array of credit products, such as corporate-issued debt and securitized mortgage instruments originating from government-sponsored entities and federal agencies, noting that these do not carry the explicit guarantee of the U.S. government's full faith and credit.
American Funds Strategic Bond Fund Class F-1 is most often compared with the following Financial Services names: