CBFAX: American Funds Global Balanced Fund - MutualFunds.com
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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

$37.95
$26.60
$38.31

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


Compare CBFAX to Popular International Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$64.62

+0.34%

$103.65 B

3.31%

$2.13

2.56%

-

$62.61

+0.64%

$45.93 B

0.82%

$0.51

2.20%

-

$22.18

+0.86%

$25.51 B

0.65%

$0.14

2.26%

-

$38.31

+0.95%

$23.34 B

1.19%

$0.45

2.46%

-

$22.53

+0.22%

$10.44 B

3.91%

$0.88

5.18%

-

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    American Funds Global Balanced Fund
  • Fund Family Name
    American Funds
  • Inception Date
    Feb 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert 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

  1. Broadcom Inc 3.29%
  2. Microsoft Corp 2.26%
  3. Netflix Inc 2.03%
  4. Netflix Inc 1.93%
  5. Netflix Inc 1.93%
  6. Netflix Inc 1.93%
  7. Netflix Inc 1.93%
  8. Netflix Inc 1.93%
  9. Netflix Inc 1.93%
  10. 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

View More +

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