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CANEX
Mutual Fund ticker: NASDAQ
AS OF
Jul 8 closing price
Price
$9.21
Change
-$0.01 (-0.11%)
Net Assets
19.76B

CANEX American Funds Strategic Bond 529-E Forecast, Technical & Fundamental Analysis

The investment seeks to provide maximum total return consistent with preservation of capital... Show more

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A.I.Advisor
published Highlights

Industry description

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.
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A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Intermediate Core-Plus Bond
Address
American Funds6455 Irvine Center DriveIrvine
Phone
(213) 486-9200
Web
americanfunds.com
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CANEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, CANEX has been closely correlated with PTTNX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if CANEX jumps, then PTTNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CANEX
1D Price
Change %
CANEX100%
-0.11%
PTTNX - CANEX
91%
Closely correlated
N/A
DTBRX - CANEX
89%
Closely correlated
N/A
PDBAX - CANEX
88%
Closely correlated
N/A
PDBZX - CANEX
88%
Closely correlated
N/A
DODIX - CANEX
88%
Closely correlated
-0.08%
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