American Funds Global Balanced 529A
- CBFAX
- Price as of: Jan 20, 2021
-
$37.95
N/A N/A
- Primary Theme
- International Allocation
- Fund Company
- American Funds
- Share Class
CBFAX - Snapshot
Vitals
- YTD Return 2.5%
- 3 Yr Annualized Return 6.7%
- 5 Yr Annualized Return 8.0%
- Net Assets $23.3 B
- Holdings in Top 10 16.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.86%
SALES FEES
- Front Load 3.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 83.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250
- IRA $25
Fund Classification
-
Primary Theme
International Allocation
- Fund Type Open End Mutual Fund
- Investment Style World Allocation
CBFAX - Profile
Distributions
- YTD Total Return 2.5%
- 3 Yr Annualized Total Return 5.4%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.72%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAmerican Funds Global Balanced Fund
-
Fund Family NameAmerican Funds
-
Inception DateFeb 01, 2011
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Neithart
Fund Description
As a balanced fund with global scope, the fund seeks to invest in equity and debt securities around the world that offer the opportunity for growth and/or provide dividend income, while also constructing the portfolio to protect principal and limit volatility. It will allocate its assets among various countries. The fund will invest at least 40% of its net assets in issuers outside the United States. Normally it will invest at least 25% of the value of its assets in bonds and other debt securities.
CBFAX - Performance
Return Ranking - Trailing
Period | CBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -0.9% | 7.1% | 48.31% |
1 Yr | 10.5% | -23.8% | 32.2% | 34.28% |
3 Yr | 6.7%* | -28.4% | 12.3% | 28.29% |
5 Yr | 8.0%* | 2.1% | 12.9% | 29.79% |
10 Yr | N/A* | -2.4% | 11.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | CBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.9% | -21.0% | 24.5% | 25.16% |
2019 | 15.0% | -46.3% | 27.8% | 21.74% |
2018 | -8.2% | -41.9% | 1.1% | 13.57% |
2017 | 10.4% | -100.0% | 20.6% | 42.52% |
2016 | 4.3% | -17.0% | 210.7% | 34.92% |
Total Return Ranking - Trailing
Period | CBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -0.9% | 7.1% | 48.31% |
1 Yr | 6.6% | -23.8% | 32.2% | 45.64% |
3 Yr | 5.4%* | -28.4% | 12.3% | 44.96% |
5 Yr | 7.3%* | 1.8% | 12.9% | 41.61% |
10 Yr | N/A* | -2.4% | 11.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.9% | -21.0% | 24.5% | 25.16% |
2019 | 15.0% | -46.3% | 27.8% | 21.96% |
2018 | -6.7% | -41.9% | 1.1% | 11.67% |
2017 | 14.0% | -100.0% | 23.1% | 44.36% |
2016 | 6.3% | -9.5% | 233.7% | 29.33% |
NAV & Total Return History
CBFAX - Holdings
Concentration Analysis
CBFAX | Category Low | Category High | CBFAX % Rank | |
---|---|---|---|---|
Net Assets | 23.3 B | 25 | 104 B | 8.51% |
Number of Holdings | 863 | 1 | 2972 | 19.01% |
Net Assets in Top 10 | 3.92 B | -2.13 B | 18.8 B | 8.32% |
Weighting of Top 10 | 16.80% | 8.9% | 100.0% | 83.47% |
Top 10 Holdings
- Broadcom Inc 3.29%
- Microsoft Corp 2.26%
- Netflix Inc 2.03%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
- Netflix Inc 1.93%
Asset Allocation
Weighting | Return Low | Return High | CBFAX % Rank | |
---|---|---|---|---|
Stocks | 61.86% | -0.83% | 105.57% | 54.65% |
Bonds | 32.03% | -23.71% | 99.01% | 37.62% |
Cash | 5.45% | -34.04% | 100.00% | 36.63% |
Preferred Stocks | 0.43% | 0.00% | 37.24% | 26.14% |
Convertible Bonds | 0.24% | 0.00% | 26.93% | 57.62% |
Other | 0.00% | -1.15% | 120.34% | 90.30% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CBFAX % Rank | |
---|---|---|---|---|
Communication Services | 14.93% | 0.00% | 34.62% | 6.85% |
Healthcare | 14.90% | 0.00% | 36.31% | 12.30% |
Financial Services | 14.32% | 0.00% | 25.81% | 44.76% |
Technology | 14.24% | 0.00% | 51.45% | 56.65% |
Consumer Cyclical | 9.66% | 0.00% | 31.93% | 53.83% |
Utilities | 7.01% | 0.00% | 73.92% | 28.63% |
Industrials | 5.88% | 0.11% | 32.59% | 87.70% |
Consumer Defense | 5.86% | 0.00% | 30.74% | 65.73% |
Basic Materials | 5.06% | 0.00% | 28.01% | 50.20% |
Energy | 4.79% | 0.00% | 39.11% | 39.11% |
Real Estate | 3.37% | 0.00% | 91.11% | 56.25% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CBFAX % Rank | |
---|---|---|---|---|
Non US | 31.70% | -0.02% | 73.21% | 43.17% |
US | 30.16% | -45.71% | 103.16% | 52.28% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CBFAX % Rank | |
---|---|---|---|---|
Government | 60.80% | 0.00% | 97.95% | 7.33% |
Corporate | 19.47% | 0.00% | 96.96% | 63.56% |
Cash & Equivalents | 14.29% | 1.47% | 100.00% | 50.89% |
Securitized | 5.32% | 0.00% | 56.62% | 44.55% |
Municipal | 0.11% | 0.00% | 4.46% | 21.98% |
Derivative | 0.00% | 0.00% | 42.60% | 83.96% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CBFAX % Rank | |
---|---|---|---|---|
Non US | 19.23% | -28.46% | 54.57% | 17.62% |
US | 12.80% | -10.74% | 99.01% | 68.32% |
CBFAX - Expenses
Operational Fees
CBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.86% | 0.01% | 23.75% | 69.94% |
Management Fee | 0.44% | 0.00% | 1.90% | 31.31% |
12b-1 Fee | 0.23% | 0.00% | 1.00% | 17.48% |
Administrative Fee | 0.05% | 0.01% | 0.70% | 25.00% |
Sales Fees
CBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 2.25% | 5.75% | 92.41% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
CBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
CBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 83.00% | 0.00% | 464.61% | 56.67% |
CBFAX - Distributions
Dividend Yield Analysis
CBFAX | Category Low | Category High | CBFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.08% | 75.00% |
Dividend Distribution Analysis
CBFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
CBFAX | Category Low | Category High | CBFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.72% | -2.28% | 7.22% | 50.00% |
Capital Gain Distribution Analysis
CBFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 25, 2019 | $0.140 |
Dec 21, 2018 | $0.149 |
Sep 24, 2018 | $0.141 |
Jun 25, 2018 | $0.226 |
Mar 26, 2018 | $0.153 |
Sep 25, 2017 | $0.127 |
Jun 26, 2017 | $0.173 |
Mar 27, 2017 | $0.081 |
Dec 23, 2016 | $0.165 |
Sep 23, 2016 | $0.175 |
Jun 24, 2016 | $0.144 |
Mar 28, 2016 | $0.085 |
Sep 25, 2015 | $0.084 |
Jun 26, 2015 | $0.084 |
Mar 30, 2015 | $0.075 |
Sep 26, 2014 | $0.110 |
Jun 27, 2014 | $0.175 |
Mar 31, 2014 | $0.163 |
Sep 27, 2013 | $0.093 |
Jun 28, 2013 | $0.146 |
Mar 28, 2013 | $0.088 |
Dec 28, 2012 | $0.179 |
Sep 28, 2012 | $0.114 |
Jun 29, 2012 | $0.152 |
Mar 30, 2012 | $0.092 |
Dec 27, 2011 | $0.096 |
Sep 19, 2011 | $0.096 |
Jun 20, 2011 | $0.089 |
Mar 21, 2011 | $0.018 |
CBFAX - Fund Manager Analysis
Managers
Robert Neithart
Start Date
Tenure
Tenure Rank
Feb 01, 2011
9.92
9.9%
Robert H. Neithart is a fixed-income portfolio manager and one of the portfolio managers of Capital Group Global Balanced Fund (Canada). He is chairman of Capital Strategy Research, Inc. and serves on the Fixed Income Management Committee. Rob's investment responsibilities are focused on global multi-currency fixed income, emerging market debt and global high income portfolios. Rob began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization.
David Riley
Start Date
Tenure
Tenure Rank
Feb 01, 2011
9.92
9.9%
David M. Riley is an equity portfolio manager at Capital Group. He has 24 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, David covered European and Latin American telecommunication companies and European media companies. David holds an MBA from Harvard Business School and a bachelor’s degree in electronics from the University of Southampton in England. He is also a Licentiate of London and Guildhall Schools of Music. David is based in London.
L. Barroso
Start Date
Tenure
Tenure Rank
Jan 01, 2013
8.0
8.0%
L. Alfonso Barroso joined Capital Research Global Investors, one of Capital Research and Management Company's equity investment divisions, since 1994, all with Capital Research and Management Company or affiliate. Investment professional for 25 years, all with Capital Research and Management Company or affiliate
Winnie Kwan
Start Date
Tenure
Tenure Rank
Jan 01, 2013
8.0
8.0%
Winnie Kwan is an equity portfolio manager at Capital Group. She has 21 years of investment experience and has been with Capital Group for 18 years. Prior to joining Capital, Winnie worked with Morgan Stanley in London, Hong Kong and Singapore. She holds both master’s and bachelor’s degrees in economics from Trinity College at the University of Cambridge. She also holds the Chartered Financial Analyst® designation. Winnie is based in Hong Kong.
Thomas Høgh
Start Date
Tenure
Tenure Rank
Jan 01, 2018
3.0
3.0%
Thomas H. Høgh is a fixed income portfolio manager at Capital Group. Earlier in his career, as a fixed income investment analyst at Capital, Thomas covered Yankee bonds, as well as various non-U.S. bond markets. Prior to joining Capital, Thomas held a number of positions at Privatbanken (now Nordea). He holds an MBA in finance, international business and management from Columbia Business School. He also holds a master's degree in international economics and a bachelor's degree in economics, both from the University of Copenhagen, Denmark. Thomas is based in London.
Andrew Cormack
Start Date
Tenure
Tenure Rank
Jan 01, 2019
2.0
2.0%
Andrew A. Cormack is a fixed income portfolio manager at Capital Group. He has 16 years of investment industry experience and has been with Capital Group for one year. Prior to joining Capital, Andrew worked as a portfolio manager at Western Asset Management. He holds a first-class honours degree in actuarial science from the London School of Economics and Political Science. He also holds the Investment Management Certificate. Andrew is based in London.
Bradford Freer
Start Date
Tenure
Tenure Rank
Oct 01, 2019
1.25
1.3%
Bradford F. Freer is an equity portfolio manager at Capital Group. Earlier in his career at Capital, he was an equity investment analyst covering multiple sectors as a generalist in both Australia and India. Before that he was an equities trader in both Singapore and Hong Kong. Brad was also a participant in The Associates Program, a two-year series of work assignments in various areas of the Capital organization. Prior to joining Capital, he was an associate at Gamble, Jones, Holbrook & Bent in Pasadena, California. He holds a bachelor’s degree in international relations from Connecticut College, as well as the Chartered Financial Analyst® designation. Brad is based in Los Angeles.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 29.02 | 6.36 | 8.0 |