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American Funds American Balanced Fund® Class A (ABALX)

26.89
Net Asset Value
+0.04%
1 Day
+8.38%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
5.75
Sales Expenses
0.60%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks conservation of capital, current income and long-term growth of capital and income. The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.

Performance

1 month+1.39% 3 years+7.53%
3 months+2.62% 5 years+10.13%
1 year+12.00% Since inception+10.70%
Data through --

Peer Comparisonvs. Allocation--50% to 70% equity

 ABALXCategory
Performance 5-yr return+10.13%+7.97%
Expense ratio0.60%1.17%
Risk 5 year sharpe ratio1.551.13
Net assets$116.8B$2.9B
Average market cap$116.7B$56.7B
Average P/E22.619.6
Portfolio turnover79%79%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureJohn Smet / 20 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

U.S. stock50.72%
Fixed income36.44%
International stock6.57%
Cash6.24%
Other0.03%
Top 5 Sectors
Portfolio weighting
Industrial materials 20.02%
Financial service 16.57%
Energy 12.42%
Healthcare 11.71%
Consumer service 8.29%
Top 10 Holdings
Portfolio weighting
MSFT Microsoft3.86%
HD Home Depot2.40%
CMCSA Comcast2.17%
UNH UnitedHealth1.92%
BRKA Berkshire Hathaway1.83%
PM Philip Morris1.78%
AMZN Amazon1.76%
-- 1.51%
AVGO Broadcom Ltd1.48%
KO Coca-Cola1.30%