RANJX

About RANJX

American Funds Strategic Bond Fund Class R-5E is a diversified mutual fund specializing in fixed income securities. Its primary objective is to achieve maximum total return while preserving capital. The portfolio predominantly invests in bonds, allocating the majority to U.S. fixed income assets such as government and agency securities, corporate bonds, and mortgage-backed obligations, with a smaller proportion dedicated to non-U.S. bonds and cash equivalents. The fund actively manages its sector allocations and duration exposure, allowing it to respond to shifting market conditions and capitalize on interest rate or credit trends. Notable features include a focus on mortgage-backed (over 35%) and corporate bonds (over 30%), as well as U.S. Treasuries and asset-backed securities. With an effective duration typically around 6.5 years and a wide array of issuers, the fund seeks to offer stability and income in a broad range of market environments. Its role in the market is to provide a core fixed income solution suitable for retirement accounts and other investor portfolios prioritizing steady, risk-aware bond exposure over time.