American Funds Emerging Markets Bond Fund Class F-1 (EBNEX)
American Funds Emerging Markets 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 $7.91, up 0.00% on the session, giving a market capitalisation of $3.78B. On trailing twelve-month figures it carries a trailing P/E of 9.42, a net margin of 113.9%. Its beta of 1.04 implies it has historically moved more than the broad market.
This fund aims to generate a high total return over the long term, with a substantial portion expected from current income. Its strategy involves dedicating at least 80% of its net assets, which includes any funds obtained through borrowing, to bonds and other debt securities; this allocation may also encompass equivalent positions via derivatives. A key mandate is to invest a minimum of 80% of its net assets (including borrowed capital) in instruments from emerging market issuers. The fund also maintains the flexibility to hold its entire portfolio (up to 100% of assets) in non-U.S. dollar denominated currencies. It is structured as a non-diversified investment.
American Funds Emerging Markets Bond Fund Class F-1 is most often compared with the following Financial Services names: