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ABALX American Funds American Balanced A

  • Fund
  • ABALX
  • Price as of: Apr 22, 2019
  • $27.09 - $0.00 - 0.00%
  • Category
  • Diversified Portfolio

ABALX - Profile

Vitals

  • YTD Return 8.8%
  • 3 Yr Annualized Return 3.4%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $140 B
  • Holdings in Top 10 18.8%

52 WEEK LOW AND HIGH

$27.09
$23.98
$28.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.57%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 72.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 6.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name American Funds American Balanced Fund®
  • Fund Family Name American Funds
  • Inception Date Jul 25, 1975
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States

Fund Description

The American Funds American Balanced Fund Class A (ABALX) is an actively managed moderate-allocation mutual fund that seeks to conserve capital while providing income and some growth. As a balanced fund it owns both stocks and bonds with the normal 60/40 tilt. ABALX holds individual stocks and bonds rather than using indexes or other funds. ABALX is primarily a U.S.-based fund, although it can purchase up to 15% in international assets.

Despite its average costs, ABALX makes for an ideal core holding in any portfolio. The fund is managed by Capital Research and Management Company.

ABALX - Performance

Return Ranking - Trailing

Period ABALX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -4.1% 26.1% 56.74%
1 Yr 1.5% -23.9% 12.4% 20.71%
3 Yr 3.4%* -9.1% 14.5% 21.91%
5 Yr 1.8%* -24.3% 9.4% 14.80%
10 Yr 7.2%* -13.5% 10.4% 8.62%

* Annualized


Return Ranking - Calendar

Period ABALX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.3% -34.6% 1.6% 29.23%
2017 9.4% -12.4% 33.2% 27.12%
2016 4.1% -65.8% 23.3% 37.24%
2015 -3.7% -64.9% 4.8% 18.27%
2014 1.4% -59.3% 68.3% 40.05%

Total Return Ranking - Trailing

Period ABALX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -4.1% 26.1% 57.87%
1 Yr 2.4% -23.9% 13.7% 46.23%
3 Yr 7.1%* -9.1% 14.6% 22.10%
5 Yr 6.7%* -21.5% 13.5% 5.24%
10 Yr 10.9%* -12.5% 13.7% 5.22%

* Annualized


Total Return Ranking - Calendar

Period ABALX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.1% -32.7% 1.6% 47.37%
2017 15.5% -8.4% 33.2% 16.85%
2016 8.6% -65.2% 23.3% 19.62%
2015 1.8% -62.9% 9.2% 2.50%
2014 9.3% -28.5% 76.9% 7.35%

NAV & Total Return History

ABALX - Holdings

Concentration Analysis

ABALX Category Low Category High ABALX % Rank
Net Assets 140 B 592 K 140 B 0.06%
Number of Holdings 1675 2 13341 8.79%
Net Assets in Top 10 26.4 B -637 M 26.4 B 0.06%
Weighting of Top 10 18.83% 0.0% 3327.1% 83.62%

Top 10 Holdings

  1. Microsoft Corp 4.09%

  2. UnitedHealth Group Inc 2.57%

  3. The Home Depot Inc 2.07%

  4. Berkshire Hathaway Inc A 1.78%

  5. Philip Morris International Inc 1.49%

  6. Nike Inc B 1.46%

  7. Intel Corp 1.43%

  8. Broadcom Inc 1.35%

  9. DowDuPont Inc 1.33%

  10. Comcast Corp Class A 1.25%


Asset Allocation

Weighting Return Low Return High ABALX % Rank
Stocks
62.07% -50.88% 102.14% 29.22%
Bonds
31.96% -367.37% 252.78% 62.62%
Cash
5.76% -229.53% 902.22% 41.30%
Preferred Stocks
0.11% 0.00% 65.70% 41.62%
Convertible Bonds
0.10% -0.09% 39.88% 58.00%
Other
0.00% -802.22% 51.84% 74.45%

Stock Sector Breakdown

Weighting Return Low Return High ABALX % Rank
Technology
13.85% -9.43% 31.89% 14.37%
Healthcare
9.53% -2.72% 24.64% 16.33%
Financial Services
8.01% -0.33% 47.66% 49.24%
Consumer Cyclical
6.54% -9.87% 33.33% 37.66%
Energy
5.94% -2.23% 32.58% 10.25%
Consumer Defense
5.04% -1.70% 18.42% 25.00%
Industrials
4.65% -1.20% 27.79% 56.08%
Basic Materials
3.19% -1.52% 18.92% 16.84%
Real Estate
2.55% -6.85% 77.34% 34.87%
Communication Services
2.15% -0.92% 7.52% 26.58%
Utilities
0.63% -0.60% 23.37% 78.35%

Stock Geographic Breakdown

Weighting Return Low Return High ABALX % Rank
US
53.76% -42.66% 102.15% 20.37%
Non US
8.31% -8.63% 98.02% 59.20%

Bond Sector Breakdown

Weighting Return Low Return High ABALX % Rank
Government
11.37% -218.14% 252.78% 44.53%
Corporate
11.15% 0.00% 93.54% 62.18%
Securitized
9.38% 0.00% 43.20% 43.20%
Cash & Equivalents
5.77% -229.63% 902.21% 37.38%
Municipal
0.26% 0.00% 99.97% 24.92%
Derivative
0.00% -196.76% 70.06% 24.41%

Bond Geographic Breakdown

Weighting Return Low Return High ABALX % Rank
US
28.92% -346.74% 207.15% 54.84%
Non US
3.04% -84.44% 152.24% 60.09%

ABALX - Expenses

Operational Fees

ABALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.00% 11.64% 74.83%
Management Fee 0.22% 0.00% 2.50% 39.34%
12b-1 Fee 0.25% 0.00% 1.00% 21.77%
Administrative Fee 0.01% 0.00% 0.83% 1.82%

Sales Fees

ABALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.14% 5.75% 0.32%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ABALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 0.00% 6067.00% 70.71%

ABALX - Distributions

Dividend Yield Analysis

ABALX Category Low Category High ABALX % Rank
Dividend Yield 0.01% 0.00% 0.11% 73.12%

Dividend Distribution Analysis

ABALX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

ABALX Category Low Category High ABALX % Rank
Net Income Ratio 1.94% -4.09% 6.99% 36.24%

Capital Gain Distribution Analysis

ABALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

ABALX - Managers

Tenure Analysis

Category Low

0.0

Category High

38.27

Category Average

6.51

Category Mode

6.87

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