- What does EBNEX invest in?
- 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.
- What is the expense ratio of EBNEX?
- American Funds Emerging Markets Bond Fund Class F-1 (EBNEX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.
- What is EBNEX's dividend yield?
- EBNEX's trailing-twelve-month yield is 5.96%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of EBNEX?
- Effective duration measures EBNEX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EBNEX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of EBNEX?
- EBNEX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of EBNEX?
- Yield to maturity (YTM) is the total return you'd earn from EBNEX if every bond in the portfolio is held to maturity at the current price. EBNEX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
