American Funds American Balanced Fund® Class A (ABALX)

27.27
Net Asset Value
+0.33%
1 Day
+0.44%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
5.75
Sales Expenses
0.57%
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+0.94% 3 years+8.10%
3 months+3.03% 5 years+9.65%
1 year+9.15% Since inception+10.65%
Data through --

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

 ABALXCategory
Performance 5-yr return+9.65%+6.55%
Expense ratio0.57%1.15%
Risk 5 year sharpe ratio1.240.91
Net assets$128.0B$3.1B
Average market cap$117.9B$66.8B
Average P/E20.218.7
Portfolio turnover95%95%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureJohn Smet / 21 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

U.S. stock47.10%
Fixed income41.16%
International stock7.38%
Cash4.35%
Other0.00%
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 Microsoft3.37%
UNH UnitedHealth1.92%
BRKA Berkshire Hathaway1.91%
HD Home Depot1.75%
WFC Wells Fargo1.51%
INTC Intel1.47%
CMCSA Comcast1.35%
NKE Nike1.30%
-- 1.28%
PM Philip Morris1.20%