American Funds American Balanced Fund® Class A (ABALX)

26.70
Net Asset Value
-1.04%
1 Day
-1.66%
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-2.77% 3 years+7.29%
3 months-3.47% 5 years+7.10%
1 year+1.02% Since inception+10.54%
Data through --

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

 ABALXCategory
Performance 5-yr return+7.10%+6.67%
Expense ratio0.57%1.13%
Risk 5 year sharpe ratio1.060.67
Net assets$130.4B$3.1B
Average market cap$131.7B$69.2B
Average P/E20.017.6
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. stock50.47%
Fixed income38.69%
International stock6.80%
Cash3.89%
Other0.15%
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 Microsoft4.07%
UNH UnitedHealth2.62%
BRKA Berkshire Hathaway2.31%
HD Home Depot2.25%
AVGO Broadcom Inc1.60%
PM Philip Morris1.57%
NKE Nike1.57%
DWDP DowDuPont Inc1.41%
INTC Intel1.30%
-- 1.23%