Fund info

American Funds Emerging Markets Bond Fund Class A is an actively managed mutual fund focused on **emerging-markets debt** across sovereign, quasi-sovereign, and corporate issuers. Its primary objective is to deliver a **high level of total return over the long term**, with **current income** as a significant component. The strategy is differentiated by flexibility to invest in bonds **denominated in U.S. dollars or local currencies**, enabling the portfolio to balance credit and currency opportunities across developing economies. The fund predominantly holds **non‑U.S. bonds**, complemented by selective U.S. Treasuries and cash for liquidity and risk management. Key portfolio characteristics include an intermediate **effective duration** profile and a focus on diversified issuer exposure, with **monthly distributions** reflecting its income orientation. Managed by Capital Research and Management Company, the fund applies fundamental research and multi-manager oversight to navigate interest-rate, credit, and currency risks inherent to the emerging-markets bond universe. It serves investors seeking **diversification** beyond developed-market fixed income and exposure to the evolving credit landscape of emerging economies.