American Funds American Balanced Fund® Class A (ABALX)

26.71
Net Asset Value
+0.07%
1 Day
+7.27%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
5.75
Sales Expenses
0.57%
Expense Ratio
Below 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-1.87% 3 years+8.46%
3 months+0.79% 5 years+7.21%
1 year+4.30% Since inception+10.59%
Data through --

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

 ABALXCategory
Performance 5-yr return+7.21%+5.12%
Expense ratio0.57%1.12%
Risk 5 year sharpe ratio1.000.65
Net assets$144.1B$3.3B
Average market cap$116.8B$72.8B
Average P/E19.218.9
Portfolio turnover72%72%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureJohn Smet / 22 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

U.S. stock53.76%
Fixed income31.96%
International stock8.31%
Cash5.76%
Other0.21%
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 Microsoft4.09%
UNH UnitedHealth2.57%
HD Home Depot2.07%
BRKA Berkshire Hathaway1.78%
PM Philip Morris1.49%
NKE Nike1.46%
INTC Intel1.43%
AVGO Broadcom Inc1.35%
DWDP DowDuPont Inc1.33%
CMCSA Comcast1.25%