Continue to site >
Trending ETFs

American Funds Emerging Markets Bond Fund

EBNFX (Mutual Fund)

American Funds Emerging Markets Bond Fund

EBNFX (Mutual Fund)

American Funds Emerging Markets Bond Fund

Payout Change
Pending
Price as of:
$7.74 +0.01 +0.13%
primary theme
Emerging Markets Bond

Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.74

$1.1 B

7.54%

$0.58

0.66%

Vitals

YTD Return

-0.3%

1 yr return

6.0%

3 Yr Avg Return

-0.8%

5 Yr Avg Return

1.1%

Net Assets

$1.1 B

Holdings in Top 10

17.3%

52 WEEK LOW AND HIGH

$7.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.66%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 52.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

$25


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.74

$1.1 B

7.54%

$0.58

0.66%

EBNFX - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.01%
DIVIDENDS
  • Dividend Yield 7.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Emerging Markets Bond Fund
  • Fund Family Name
    Capital Group Fund Group
  • Inception Date
    Jul 29, 2016
  • Shares Outstanding
    N/A
  • Share Class
    F2
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kirstie Spence

Fund Description

The fund will invest at least 80% of its net assets (including any borrowing for investment purposes) in bonds and other debt securities, which may be represented by derivatives. The fund will invest at least 80% of its net assets (including any borrowing for investment purposes) in emerging markets securities, defined as securities: (1) that are tied economically to emerging markets as defined by global index providers designated by the investment adviser (for example, the investment adviser expects that most emerging markets included in any one of the Morgan Stanley Capital Index (MSCI) Emerging Markets or Frontier Market Indices or J.P. Morgan Emerging Markets Bond and J.P. Morgan Global Bond Indices will be treated as emerging markets); (2) that are denominated in emerging markets currencies; (3) that are from issuers deemed to be suitable for the fund because they have or are expected to have significant economic exposure to emerging markets (through assets, revenues, or profits); (4) that are issued by countries rated Ba/BB or lower; or (5) that are issued by countries that are on an International Monetary Fund (“IMF”) program, have outstanding liabilities to the IMF or have exited an IMF program no more than five years earlier. The IMF’s primary purpose is to ensure the stability of the international monetary system. Under an IMF lending program, certain countries may request financial assistance to help correct balance of payment problems in those countries. The fund may invest up to 100% of its assets in securities denominated in currencies other than the U.S. dollar. The fund may invest in any quality debt securities with a wide range of maturities.

The fund may invest in forward currency contracts, futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index.

The fund invests primarily in securities of emerging market issuers, including for example, sovereign debt of emerging market countries and debt of companies located in or with substantial business in emerging markets. Such securities may be rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Ratings Organizations designated by the fund’s investment adviser, or in securities that are unrated but determined to be of equivalent quality by the fund’s investment adviser. Such securities are sometimes referred to as “junk bonds.” Ratings are only one of many factors the investment adviser considers when investing in emerging markets and are not necessarily determinative of the potential return on the investment.

The fund is nondiversified, which allows it to invest a greater percentage of its assets in any one issuer than would otherwise be the case.

The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Read More

EBNFX - Performance

Return Ranking - Trailing

Period EBNFX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -5.8% 9.5% 68.79%
1 Yr 6.0% -6.4% 20.6% 59.40%
3 Yr -0.8%* -14.4% 4.1% 19.51%
5 Yr 1.1%* -9.7% 6.0% 24.26%
10 Yr N/A* -6.2% 4.9% N/A

* Annualized

Return Ranking - Calendar

Period EBNFX Return Category Return Low Category Return High Rank in Category (%)
2023 5.9% -10.6% 17.8% 37.25%
2022 -18.4% -29.1% -2.4% 53.13%
2021 -8.4% -24.0% 2.7% 60.56%
2020 2.1% -14.0% 9.7% 28.00%
2019 6.3% -6.4% 13.0% 75.28%

Total Return Ranking - Trailing

Period EBNFX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -5.8% 9.5% 68.79%
1 Yr 6.0% -6.4% 20.6% 59.40%
3 Yr -0.8%* -14.4% 4.1% 19.51%
5 Yr 1.1%* -9.7% 6.0% 24.26%
10 Yr N/A* -6.2% 4.9% N/A

* Annualized

Total Return Ranking - Calendar

Period EBNFX Return Category Return Low Category Return High Rank in Category (%)
2023 14.4% -0.6% 20.0% 10.74%
2022 -11.7% -27.6% -1.7% 36.46%
2021 -3.3% -18.5% 7.4% 53.87%
2020 8.0% -7.8% 18.0% 12.00%
2019 13.0% -3.0% 23.0% 54.24%

NAV & Total Return History


EBNFX - Holdings

Concentration Analysis

EBNFX Category Low Category High EBNFX % Rank
Net Assets 1.1 B 565 K 14.8 B 22.15%
Number of Holdings 692 4 1779 17.79%
Net Assets in Top 10 241 M -134 M 1.25 B 20.13%
Weighting of Top 10 17.33% 5.1% 102.0% 55.59%

Top 10 Holdings

  1. CAPITAL GROUP CENTRAL CASH FUND 5.33%
  2. POLAND GOVERNMENT BOND PLN 6.0% 10-25-33 2.09%
  3. REPUBLIC OF SOUTH AFRICA ZAR 8.875% 02-28-35 1.81%
  4. NOTA DO TESOURO NACIONAL BRL 10.0% 01-01-29 1.68%
  5. BONOS MEXICAN MXN 8.0% 07-31-53 1.63%
  6. BRAZIL NTNB BRL I/L 6.0% 08-15-50 1.10%
  7. US TREASURY N/B 4.625% 09-30-28 0.96%
  8. INDONESIA GOVT BOND IDR FR87 6.5% 02-15-31 0.93%
  9. COLOMBIA COLTES COP 9.25% 05-28-42 0.90%
  10. REPUBLIC OF ARGENTINA SF 0.75% 07-09-30 0.89%

Asset Allocation

Weighting Return Low Return High EBNFX % Rank
Bonds
93.89% 0.00% 105.14% 53.69%
Cash
5.97% 0.00% 23.05% 41.28%
Convertible Bonds
0.33% 0.00% 8.47% 42.03%
Stocks
0.11% -0.01% 95.82% 24.50%
Other
0.03% -10.19% 87.32% 43.62%
Preferred Stocks
0.00% 0.00% 3.04% 55.37%

Stock Sector Breakdown

Weighting Return Low Return High EBNFX % Rank
Utilities
0.00% 0.00% 11.41% N/A
Technology
0.00% 0.00% 30.64% N/A
Real Estate
0.00% 0.00% 2.39% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 12.25% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 100.00% N/A
Communication Services
0.00% 0.00% 8.92% N/A
Consumer Defense
0.00% 0.00% 24.66% N/A
Consumer Cyclical
0.00% 0.00% 100.00% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High EBNFX % Rank
US
0.11% 0.00% 95.78% 20.47%
Non US
0.00% -0.01% 87.46% 61.74%

Bond Sector Breakdown

Weighting Return Low Return High EBNFX % Rank
Government
80.88% 0.00% 99.79% 12.20%
Corporate
13.74% 0.00% 91.26% 65.42%
Cash & Equivalents
5.33% 0.00% 23.23% 26.85%
Derivative
0.03% -5.25% 8.09% 32.21%
Securitized
0.00% 0.00% 2.41% 60.34%
Municipal
0.00% 0.00% 0.00% 53.90%

Bond Geographic Breakdown

Weighting Return Low Return High EBNFX % Rank
Non US
50.24% 0.00% 132.49% 27.52%
US
43.65% -42.31% 100.14% 70.81%

EBNFX - Expenses

Operational Fees

EBNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.02% 32.92% 89.56%
Management Fee 0.46% 0.00% 1.10% 10.07%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.02% 0.65% 35.24%

Sales Fees

EBNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

EBNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EBNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 0.00% 218.00% 44.44%

EBNFX - Distributions

Dividend Yield Analysis

EBNFX Category Low Category High EBNFX % Rank
Dividend Yield 7.54% 0.00% 22.22% 13.42%

Dividend Distribution Analysis

EBNFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

EBNFX Category Low Category High EBNFX % Rank
Net Income Ratio 5.01% -2.28% 8.00% 12.71%

Capital Gain Distribution Analysis

EBNFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

EBNFX - Fund Manager Analysis

Managers

Kirstie Spence


Start Date

Tenure

Tenure Rank

Apr 22, 2016

6.11

6.1%

Kirstie Spence is a fixed income portfolio manager at Capital Group. She has 26 years of investment experience, all with Capital Group. Earlier in her career at Capital, Kirstie was a fixed income investment analyst and her coverage included sovereign debt in emerging markets with a focus on Europe, the Middle East, Africa and Latin America, as well as European telecommunications as a credit analyst. Kirstie began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. She holds a master’s degree with honors in German and international relations from the University of St. Andrews, Scotland. Kirstie is based in London.

Robert Neithart


Start Date

Tenure

Tenure Rank

Apr 22, 2016

6.11

6.1%

Robert H. Neithart is a fixed income portfolio manager at Capital Group. He is chair of Capital Strategy Research, Inc., and serves on the Fixed Income Management Committee. Rob’s investment responsibilities are focused on emerging market debt and global high-income portfolios. He has 34 years of investment experience, all with Capital Group. Rob began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in economics from Occidental College graduating cum laude.

Luis Freitas de Oliveira


Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Luis Freitas de Oliveira is a portfolio manager at Capital Group. He is chair of Capital International Sàrl. He has 33 years of investment experience and has been with Capital Group for 28 years. Earlier in his career, as an equity investment analyst at Capital, Luis covered financial institutions in emerging markets. Before joining Capital, he was a corporate banker for Citibank N.A. in Brazil. He holds an MBA from INSEAD, France, and a bachelor’s degree in economics from the Federal University of Minas Gerais, Brazil. Luis is based in Geneva.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.48 6.11