CBFEX: American Funds Global Balanced 529E

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Profile

CBFEX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 4.8%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $21.5 B
  • Holdings in Top 10 13.5%

52 WEEK LOW AND HIGH

$34.74
$31.47
$34.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 60.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.97%
DIVIDENDS
  • Dividend Yield 0.4%
  • 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
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Riley

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.


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Categories

Fund Company Quick Screens

CBFEX - Fund Company Quick Screens


Performance

CBFEX - Performance

Return Ranking - Trailing

Period CBFEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -9.2% 5.1% 59.01%
1 Yr 10.4% -13.2% 19.6% 15.18%
3 Yr 4.8%* -9.9% 10.3% 12.03%
5 Yr 2.5%* -10.7% 6.1% 14.06%
10 Yr N/A* -2.2% 7.1% N/A

* Annualized

Return Ranking - Calendar

Period CBFEX Return Category Return Low Category Return High Rank in Category (%)
2019 15.0% -7.3% 25.8% 18.55%
2018 -8.2% -32.7% 0.0% 22.18%
2017 10.4% -3.7% 29.4% 22.73%
2016 4.3% -43.7% 16.1% 31.58%
2015 -6.5% -19.5% 1.0% 49.87%

Total Return Ranking - Trailing

Period CBFEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -9.2% 5.1% 59.01%
1 Yr 10.4% -13.2% 19.6% 15.18%
3 Yr 6.3%* -9.9% 11.7% 10.47%
5 Yr 4.3%* -10.7% 7.8% 19.01%
10 Yr N/A* -2.2% 11.0% N/A

* Annualized

Total Return Ranking - Calendar

Period CBFEX Return Category Return Low Category Return High Rank in Category (%)
2019 15.0% -7.3% 25.8% 19.73%
2018 -6.8% -32.7% 0.0% 31.42%
2017 13.7% -3.7% 29.4% 37.27%
2016 6.1% -43.7% 20.7% 37.56%
2015 -3.7% -19.5% 6.2% 56.17%

NAV & Total Return History


Holdings

CBFEX - Holdings

Concentration Analysis

CBFEX Category Low Category High CBFEX % Rank
Net Assets 21.5 B 1.73 M 115 B 9.33%
Number of Holdings 724 52 4507 45.92%
Net Assets in Top 10 2.92 B 202 K 21.2 B 11.57%
Weighting of Top 10 13.54% 5.1% 170.2% 84.25%

Top 10 Holdings

  1. Microsoft Corp 1.86%
  2. Netflix Inc 1.61%
  3. Abbott Laboratories 1.41%
  4. Broadcom Inc 1.38%
  5. UnitedHealth Group Inc 1.32%
  6. Facebook Inc A 1.28%
  7. Gilead Sciences Inc 1.20%
  8. Zurich Insurance Group AG 1.19%
  9. Novartis AG 1.15%
  10. Royal Dutch Shell PLC B 1.13%

Asset Allocation

Weighting Return Low Return High CBFEX % Rank
Stocks
61.61% 22.67% 80.06% 27.13%
Bonds
33.61% 19.71% 76.70% 52.94%
Cash
4.53% -77.88% 50.88% 51.23%
Preferred Stocks
0.21% 0.00% 21.57% 44.21%
Convertible Bonds
0.05% 0.00% 13.83% 82.35%
Other
0.00% -2.50% 62.73% 92.41%

Stock Sector Breakdown

Weighting Return Low Return High CBFEX % Rank
Healthcare
16.84% 0.00% 38.81% 6.70%
Financial Services
13.76% 0.00% 41.89% 71.26%
Energy
13.27% -0.17% 41.94% 13.60%
Technology
12.80% 0.00% 33.84% 53.26%
Communication Services
11.10% 0.00% 28.30% 11.11%
Consumer Defense
8.76% 0.00% 33.90% 26.82%
Utilities
6.82% -0.17% 28.14% 22.99%
Basic Materials
4.89% 0.00% 16.54% 22.61%
Industrials
4.62% 0.22% 21.62% 94.83%
Consumer Cyclical
4.36% 0.00% 28.06% 82.38%
Real Estate
2.77% 0.00% 84.89% 75.10%

Stock Geographic Breakdown

Weighting Return Low Return High CBFEX % Rank
Non US
35.12% 1.90% 56.89% 9.87%
US
26.49% -0.12% 61.27% 61.48%

Bond Sector Breakdown

Weighting Return Low Return High CBFEX % Rank
Government
65.70% 0.00% 100.00% 6.64%
Corporate
17.72% 0.00% 98.30% 73.06%
Cash & Equivalents
11.81% -20.20% 67.01% 64.33%
Securitized
4.77% 0.00% 64.61% 61.29%
Derivative
0.00% -4.16% 44.33% 88.99%
Municipal
0.00% 0.00% 21.30% 89.75%

Bond Geographic Breakdown

Weighting Return Low Return High CBFEX % Rank
Non US
17.99% -56.41% 46.70% 20.68%
US
15.62% -0.30% 78.99% 85.39%

Expenses

CBFEX - Expenses

Operational Fees

CBFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.07% 26.19% 53.68%
Management Fee 0.44% 0.00% 1.95% 21.97%
12b-1 Fee 0.50% 0.00% 1.00% 66.67%
Administrative Fee 0.05% 0.01% 0.40% 41.76%

Sales Fees

CBFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CBFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

CBFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 14.00% 347.00% 40.42%

Distributions

CBFEX - Distributions

Dividend Yield Analysis

CBFEX Category Low Category High CBFEX % Rank
Dividend Yield 0.35% 0.00% 3.21% 39.58%

Dividend Distribution Analysis

CBFEX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

CBFEX Category Low Category High CBFEX % Rank
Net Income Ratio 1.97% -0.35% 6.29% 50.29%

Capital Gain Distribution Analysis

CBFEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CBFEX - Fund Manager Analysis

Managers

David Riley


Start Date

Tenure

Tenure Rank

Feb 01, 2011

9.0

9.0%

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.

Eric Richter


Start Date

Tenure

Tenure Rank

Feb 01, 2011

9.0

9.0%

Eric S. Richter is an equity portfolio manager at Capital Group. He has 27 years of investment experience and has been with Capital Group for 20 years. Earlier in his career, as an equity investment analyst at Capital, Eric covered electrical equipment, chemicals and miscellaneous companies with high dividend yields. Prior to joining Capital, he was a senior investment officer for Boatmen’s Trust Co. and an investment research analyst for Boatmen’s National Bank in St. Louis. Eric holds a doctorate in law from Harvard Law School, a master’s degree in art history from George Washington University and a bachelor’s degree in English from Princeton University. He also holds the Chartered Financial Analyst® designation. Eric is based in Washington, D.C.

Robert Neithart


Start Date

Tenure

Tenure Rank

Feb 01, 2011

9.0

9.0%

Robert H. Neithart is a fixed-income portfolio manager at Capital Group. He is chairman of the Fixed Income Management Committee and of Capital Strategy Research, Inc. 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. He holds a bachelor’s degree in economics from Occidental College.

L. Barroso


Start Date

Tenure

Tenure Rank

Jan 01, 2013

7.08

7.1%

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.

Winnie Kwan


Start Date

Tenure

Tenure Rank

Jan 01, 2013

7.08

7.1%

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

2.08

2.1%

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

1.08

1.1%

Andrew A. Cormack is a fixed income portfolio manager at Capital Group. 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.1 6.21 0.61