American Funds Strategic Bond Fund; Class 529-F-1 Shares (CANFX)

9.60 -0.83%
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Pros
3-year return above the benchmark
No sales load or distribution fees
Cons
Low net assets
High expense ratio

Pros

  1. CANFX 3-year return is 7.98%, which is higher than the 3-year return of the benchmark index (Bloomberg Barclays US Aggregate Bond TR USD), 5.13%.
  2. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Cons

  1. CANFX net assets are $13.20 million. This fund is not a popular choice with retail investors.
  2. CANFX expense ratio is 0.69%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?