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American Funds American Balanced Fund® Class A (ABALX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
Sales Expenses
Expense Ratio
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.


1 month+0.95% 3 years+7.57%
3 months+4.43% 5 years+11.07%
1 year+14.25% Since inception+10.73%
Data through --

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

Performance 5-yr return+11.07%+7.51%
Expense ratio0.60%1.17%
Risk 5 year sharpe ratio1.591.17
Net assets$121.0B$3.1B
Average market cap$121.5B$60.3B
Average P/E23.120.9
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


U.S. stock52.29%
Fixed income38.02%
International stock7.04%
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 Microsoft3.95%
HD Home Depot2.33%
BRKA Berkshire Hathaway2.20%
UNH UnitedHealth1.99%
CMCSA Comcast1.94%
PM Philip Morris1.83%
DWDP DowDuPont Inc1.70%
AMZN Amazon1.64%
AVGO Broadcom Ltd1.49%
WFC Wells Fargo1.42%