American Funds American Balanced Fund® Class A (ABALX)
Net Asset Value
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
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.