American Funds American Balanced Fund® Class A (ABALX)

30.84
Net Asset Value
+1.25%
1 Day
+2.12%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
5.75
Sales Expenses
0.59%
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+1.85% 3 years+9.77%
3 months+3.88% 5 years+10.78%
1 year+17.88% Since inception+10.59%
Data through --

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

 ABALXCategory
Performance 5-yr return+10.78%+8.99%
Expense ratio0.59%1.07%
Risk 5 year sharpe ratio1.040.84
Net assets$182.3B$4.0B
Average market cap$134.2B$92.5B
Average P/E26.424.8
Portfolio turnover104%104%

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Fund Management and Purchase Info

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

Holdings

U.S. stock49.92%
Fixed income31.88%
International stock10.08%
Cash7.27%
Other0.86%
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 Microsoft3.62%
AVGO Broadcom Inc2.27%
UNH UnitedHealth2.13%
PM Philip Morris1.80%
TSM Taiwan Semiconductor1.80%
CMCSA Comcast1.55%
-- 1.21%
AMZN Amazon1.17%
PFE Pfizer1.12%
JPM JPMorgan Chase1.06%