American Funds Emerging Markets Bond Fund - A | American Funds

Select your location

Who are you ?

Select another location

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Who are you ?

Select another location

Who are you ?

RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

Total Return Fixed Income

®

Vehicle: Mutual Fund Share Class

Overview

Internal Prompt
A differentiated approach to emerging markets debt. Invests in both sovereign and corporate bonds, denominated in either U.S. dollar or local currency issues, which may serve as a source of favorable returns and potential diversification. As pioneers in emerging markets investing, this strategy leverages our 20-year track record of managing emerging markets bond portfolios.
Price at NAV $7.81 as of 8/12/2022 (updated daily)
Fund Assets (millions) $855.6
Portfolio Managers
3
Expense Ratio
0.97%

Internal Prompt

Returns at NAV

Returns at MOP

Read important investment disclosures
-20.33%
1-year return
-1.44%
5-year return
0.75%
Lifetime return (4/22/16)
6.64%
30-Day SEC Yield
Returns as of 7/31/22 (updated monthly). Yield as of 7/31/22 (updated monthly).

Asset Mix

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds6.4%
Non-U.S. Bonds85.6%
Cash & Equivalents
8.0%
U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds6.4%
Non-U.S. Bonds85.6%
Cash & Equivalents
8.0%
As of 7/31/2022 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Volatility & Return chart is not available for funds less than 10 years old.

Fund Statistics

5.3 years
Effective Duration
10.7%
Average Yield
to Worst
5.1%
Average Coupon
% of net assets as of 6/30/2022 (updated quarterly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as } of 6/30/22 (updated quarterly)

Description

Objective
The fund's investment objective is to provide a high level of total return over the long term, of which current income is a large component.
Distinguishing Characteristics
This strategy takes a differentiated approach by investing in the full universe of emerging markets debt. It invests in both sovereign and corporate bonds, denominated in either U.S. dollar or local currency issues, which may serve as a source of favorable returns and potential diversification. As pioneers in emerging markets investing, this strategy leverages our 20-year track record of managing emerging markets bond portfolios.
Types of Investments
Government debt (nominal and inflation-linked), quasi-sovereigns and corporate bonds — including U.S. dollar-denominated and local-currency issues.
Holdings Outside the U.S.
Up to 100% of assets may be invested in securities denominated in currencies other than the U.S. dollar, mostly fixed-income securities of emerging markets governments, quasi-government entities and corporations.
Maturity
The bond maturities that the fund targets will vary depending on the current strategy being implemented.
Portfolio Restrictions
The fund generally invests at least 80% of its assets in bonds and other debt securities from emerging markets issuers (some of which may be represented by derivatives). The fund may invest in securities rated below-investment grade (BB/Ba and below), or unrated, but determined by the fund’s investment adviser to be of equivalent quality at the time of purchase, including high-yield bonds issued by developing country governments and corporates.

Fund Facts

Fund Inception 4/22/2016
Fund Assets (millions)
As of 7/31/2022
$855.6
Companies/Issuers
Holdings are as of 6/30/2022 (updated quarterly).
122+
Shareholder Accounts
Shareholder accounts are as of 7/31/2022
18,372
Regular Dividends Paid
Monthly
Minimum Initial Investment $250
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2021) 52%
Fiscal Year-End Dec
Prospectus Date 05/01/2022
CUSIP 02631F 10 9
Fund Number 30114

Returns

Internal Prompt

Month-End Returns as of 7/31/22

EBNAX
J.P. Morgan Index Blend - 50% JPM EMBI Global Diversified & 50% JPM GBI-EM Global Diversified

Quarter-End Returns as of 6/30/22

Growth of 10K

Read important investment disclosures
For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2021.
EBNAX
J.P. Morgan Index Blend - 50% JPM EMBI Global Diversified & 50% JPM GBI-EM Global Diversified

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 6.94% N/A
Fund at MOP 6.68% 6.64%
As of 7/31/2022 (updated monthly)
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Luis Freitas de Oliveira 3 28 34
Robert H. Neithart 6 35
Kirstie Spence 6 26
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Portfolio Composition

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(253)
3-yr. Morningstar RatingTM
(253 funds rated)
5-yr. Morningstar RatingTM
(217 funds rated)
10-yr. Morningstar RatingTM
(-- funds rated)
--
Overall Morningstar Risk Average
HIGH
LOW
Category Emerging Markets Bond
Ratings are based on risk-adjusted returns as of 7/31/2022 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated

(239)

(239)

(214)
Expense Within Category
Funds Rated

(167)

(167)

(156)
Preservation Within Category
Funds Rated

(6265)

(6265)

(5585)
Tax Efficiency Within Category
Funds Rated

(239)

(239)

(214)
Total Return Within Category
Funds Rated

(239)

(239)

(214)
Category Emg Mkts HC Debt Funds
KEY
HIGHEST LOWEST
As of 7/31/2022 (updated monthly)

Risk Measures

Fund
Standard Deviation
10.90
Sharpe Ratio
-0.11
For the 5 Years ending 7/31/22 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
J.P. Morgan Index Blend - 50% JPM EMBI Global Diversified & 50% JPM GBI-EM Global Diversified
Bloomberg US Agg Bond TR USD
R-squared 88 16
Beta 1.01 1.06
Capture Ratio (Downside/Upside) 98/101 168/122
American Funds Benchmark for the 5 Years ending 6/30/22 (updated quarterly).
Morningstar Benchmark for the 5 Years ending 7/31/22 (updated monthly).
U.S. Treasuries/Agencies
3.7%
AA/Aa
2.2%
A
11.0%
BBB/Baa
32.6%
BB/Ba
24.3%
B
9.3%
CCC & Below
6.3%
Unrated
4.2%
Cash & equivalents
6.9%
% of net assets as of 6/30/2022 (updated quarterly)

Average Life Breakdown

0-4.9 Years
33.7%
5-9.9 Years
38.0%
10-19.9 Years
15.0%
20-29.9 Years
6.8%
30+ Years
1.2%
% of net assets as of 3/31/2022 (updated quarterly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
Non-U.S. government/agency securities 67.7%
U.S. Treasury bonds & notes 3.7%

% of net assets as of 6/30/2022 (updated quarterly)

Top Fixed-Income Issuers

MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)
9.6%
Brazil, Federal Government of
6.8%
South Africa, Republic of
6.1%
Indonesia, Government of the Republic of
5.0%
Colombia, Republic of
4.6%
Malaysia, Government of
4.5%
U.S. Treasury
3.7%
China, People's Republic of
3.2%
Egypt, Arab Republic of
2.5%
Dominican Republic
2.4%

% of net assets as of 6/30/2022 (updated quarterly)

Geographic Breakdown

United States
4.4%
Europe
7.2%
Asia & Pacific Basin
22.9%
Other (Including Canada & Latin America)
57.1%
Cash & equivalents
8.4%
% of net assets as of 6/30/2022 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 08/12/22

2022
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
Daily 01/31/22 02/01/22 $0.0427153 $0.00 $0.00 $0.00 $9.15
Daily 02/28/22 03/01/22 $0.0403213 $0.00 $0.00 $0.00 $8.53
Daily 03/31/22 04/01/22 $0.0440166 $0.00 $0.00 $0.00 $8.32
Daily 04/29/22 05/02/22 $0.0476829 $0.00 $0.00 $0.00 $7.83
Daily 05/31/22 06/01/22 $0.0485781 $0.00 $0.00 $0.00 $7.87
Daily 06/30/22 07/01/22 $0.0565977 $0.00 $0.00 $0.00 $7.39
Daily 07/29/22 08/01/22 $0.0498561 $0.00 $0.00 $0.00 $7.53
2022 Year-to-Date: Dividends Subtotal: $0.32976798 Cap Gains Subtotal: $0.00
Total Distributions: $0.32976798

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.46%
Other Expenses 0.21%
Service 12b-1 0.30%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

EBNAX 0.97%
Lipper Emerging Mrkts Hard Currency Debt Funds Average
1.13%
Fund as of most recent prospectus. Lipper Category as of 6/30/22 (updated quarterly).

Resources