American Funds American Balanced Fund® Class A (ABALX)

25.23
Net Asset Value
+1.94%
1 Day
-11.47%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
5.75
Sales Expenses
0.59%
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-7.43% 3 years+4.52%
3 months-11.01% 5 years+5.36%
1 year-1.80% Since inception+10.48%
Data through --

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

 ABALXCategory
Performance 5-yr return+5.36%+6.22%
Expense ratio0.59%1.10%
Risk 5 year sharpe ratio0.780.46
Net assets$155.4B$3.6B
Average market cap$133.7B$73.5B
Average P/E22.118.6
Portfolio turnover104%104%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureHilda Applbaum / 21 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

U.S. stock54.52%
Fixed income31.04%
International stock9.72%
Cash4.18%
Other0.55%
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 Microsoft4.79%
UNH UnitedHealth3.10%
TSM Taiwan Semiconductor2.04%
BRKA Berkshire Hathaway2.04%
AVGO Broadcom Inc1.74%
PM Philip Morris1.55%
HD Home Depot1.55%
BA Boeing1.54%
INTC Intel1.33%
-- 1.30%