About American Funds Strategic Bond Fund Class F-1 (ANBEX) — Dividend Analysis 2026
The investment seeks to provide maximum total return consistent with preservation of capital. The fund will invest at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives. It may invest in a broad range of debt securities, including corporate bonds and debt and mortgage-backed securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government.
Is ANBEX a good dividend investment in 2026?
ANBEX offers a 3.92% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
ANBEX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your ANBEX portfolio grows to $14.7K vs $13.9K without reinvestment. This is the compound interest effect in action.
ANBEX dividend growth history & forecast
ANBEX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.92%.
Company generates negative FCF ($-11M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum-0.1B → -0.0B → -0.0B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 ANBEX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ANBEX.
Gross yield
3.92%
Tax rate
15.00%
After-tax yield
3.33%
Real yield (−CPI)
0.53%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.92%
1.12%
$392 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.33%
0.53%
$333 / yr
🇺🇸 US Taxable (20%)
20%
3.14%
0.34%
$314 / yr
🇬🇧 UK ISA
0%
3.92%
1.12%
$392 / yr
🇬🇧 UK Taxable
8.75%
3.58%
0.78%
$358 / yr
🇨🇦 TFSA
0%
3.92%
1.12%
$392 / yr
🇨🇦 CA Taxable
25%
2.94%
0.14%
$294 / yr
🇦🇺 Super (pension)
15%
3.33%
0.53%
$333 / yr
🇦🇺 AU Taxable
30%
2.74%
-0.06%
$274 / yr
🇩🇪 DE Taxable
26.375%
2.89%
0.09%
$289 / yr
🇫🇷 FR Taxable
30%
2.74%
-0.06%
$274 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 ANBEX Income Goal & Break-Even
Dividend Break-Even
31yr
Years for dividends to fully repay your ANBEX investment of $9.17/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$3.9K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.4K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in ANBEX for:
Shares needed
78,628
Capital required
$721,019
Monthly income
$2,000
Based on current dividend of $0.36/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 ANBEX Dividend Payment Schedule
ANBEX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.76 / payment
$3.05 / year after tax
100 shares
$7.63 / payment
$30.52 / year after tax
1,000 shares
$76.31 / payment
$305.23 / year after tax
📊 ANBEX vs Financial Services Benchmarks
How ANBEX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+1.02% vs sectorBetter
ANBEX
3.92%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
ANBEX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
ANBEX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ANBEX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ ANBEX Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
28.10
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ANBEX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →