CBNFX

About CBNFX

American Funds Emerging Markets Bond Fund 529-F-1 is an actively managed mutual fund focused on fixed income securities issued by emerging-market sovereigns and corporations. Its primary objective is to provide income and diversification by investing across a broad spectrum of emerging markets debt, including both U.S. dollar–denominated and local-currency bonds, with flexibility to allocate between sovereign and corporate issuers based on fundamental research. The portfolio is predominantly non‑U.S. bonds, reflecting its global mandate, and maintains a moderate effective duration profile alongside an income orientation supported by the fund’s yield metrics and regular monthly distributions. Managed by a seasoned team employing a differentiated, research-driven approach, the strategy spans more than 175 issuers and targets risk-adjusted returns through country selection, currency exposure, and credit analysis. With a multi-decade perspective from its managers and a history dating to 2016, the fund occupies a role in portfolios as a dedicated emerging-markets debt allocation, offering exposure to developing economies’ interest-rate cycles and currencies while complementing core bond holdings.