American Funds American Balanced Fund® Class A (ABALX)

27.06
Net Asset Value
-0.48%
1 Day
-0.33%
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-3.08% 3 years+7.59%
3 months+2.09% 5 years+10.24%
1 year+10.89% Since inception+10.82%
Data through --

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

 ABALXCategory
Performance 5-yr return+10.24%+8.03%
Expense ratio0.60%1.16%
Risk 5 year sharpe ratio1.611.17
Net assets$129.9B$3.2B
Average market cap$129.5B$67.3B
Average P/E24.421.7
Portfolio turnover79%79%

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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. stock51.77%
Fixed income34.96%
International stock8.01%
Cash5.26%
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 Microsoft4.11%
BRKA Berkshire Hathaway2.26%
HD Home Depot2.24%
UNH UnitedHealth2.13%
CMCSA Comcast1.87%
AMZN Amazon1.81%
DWDP DowDuPont Inc1.65%
AVGO Broadcom Ltd1.49%
WFC Wells Fargo1.49%
PM Philip Morris1.43%