RANFX Fees and Costs — American Funds Strategic Bond Fund, Class R-5
Data updated: 2026-08-27
The net expense ratio is 0.37%: a 0.27% management fee plus 0.10% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $504 in broker commissions, and portfolio turnover was 428%.
RANFX Fees and Expenses
Annual operating expenses and sales charges of RANFX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.27% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.37% |
| Fee waiver | — |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RANFX Costs Over Time
On $10,000 invested in RANFX, assuming 5% a year before costs, total costs come to $234 over 5 years, cutting the return by 0.39% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.37%) | $39 | $122 | $213 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $128 | $234 |
| Value after costs | $10,461 | $11,448 | $12,528 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
RANFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $504
- Bought from dealers (principal trades, not a cost): $79.6B
- Portfolio turnover (prospectus): 428%
- Securities lending: none during the year
RANFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald & Co | $504 | 100.00% |
RANFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Bank PLC | $12.9B | 17.17% |
| Morgan Stanley & Co. LLC | $11.5B | 15.25% |
| Bank of America, N.A. | $11.4B | 15.07% |
| J.P. Morgan Securities LLC | $9.8B | 13.01% |
| Wells Fargo Securities, LLC | $8.7B | 11.58% |
| Citigroup Global Markets Inc. | $8.6B | 11.46% |
| Goldman Sachs & Co. LLC | $5.8B | 7.74% |
| BNP Paribas | $3.5B | 4.59% |
| Deutsche Bank A.G. | $1.6B | 2.10% |
| Citadel Securities Institutional LLC | $1.5B | 2.05% |
American Funds Strategic Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ANBGX | Class F-3 | 0.31% | none |
| RANGX | Class R-6 | 0.31% | none |
| FBSSX | Class 529-F-3 | 0.36% | none |
| RANFX | Class R-5 | 0.37% | none |
| FSBMX | Class 529-F-2 | 0.40% | none |
| ANBFX | Class F-2 | 0.42% | none |
| RANJX | Class R-5E | 0.47% | none |
| RANEX | Class R-4 | 0.65% | none |
| TFSBX | Class T | 0.66% | 2.50% |
| ANBAX | Class A | 0.69% | 3.75% |
| ANBEX | Class F-1 | 0.69% | none |
| CANAX | Class 529-A | 0.70% | 3.50% |
| TSFBX | Class 529-T | 0.70% | 2.50% |
| CANFX | Class 529-F-1 | 0.74% | none |
| CANEX | Class 529-E | 0.90% | none |
| RANCX | Class R-3 | 0.94% | none |
| RANHX | Class R-2E | 1.12% | none |
| RANBX | Class R-2 | 1.35% | none |
| RANAX | Class R-1 | 1.40% | none |
| ANBCX | Class C | 1.41% | none |
| CANCX | Class 529-C | 1.46% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.