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CLBEX American Funds American Balanced 529E

  • Fund
  • CLBEX
  • Price as of: Jul 15, 2019
  • $27.67 - $0.00 - 0.00%
  • Category
  • Diversified Portfolio

CLBEX - Profile

Vitals

  • YTD Return 11.4%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $147 B
  • Holdings in Top 10 18.8%

52 WEEK LOW AND HIGH

$27.67
$23.93
$28.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • 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 11.4%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 6.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.63%
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 Mar 05, 2002
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Hilda L. Applbaum

CLBEX - Performance

Return Ranking - Trailing

Period CLBEX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -52.8% 20.9% 45.52%
1 Yr 0.5% -62.9% 11.7% 31.53%
3 Yr 3.5%* -27.1% 13.5% 20.12%
5 Yr 1.8%* -24.9% 7.6% 13.49%
10 Yr 6.8%* -15.3% 9.0% 7.16%

* Annualized


Return Ranking - Calendar

Period CLBEX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.3% -34.6% 1.6% 29.57%
2017 9.4% -12.4% 33.2% 27.77%
2016 4.1% -65.8% 23.3% 38.26%
2015 -3.7% -64.9% 4.8% 18.46%
2014 1.4% -29.5% 68.3% 39.72%

Total Return Ranking - Trailing

Period CLBEX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -52.8% 20.9% 45.90%
1 Yr 0.8% -60.7% 12.4% 56.96%
3 Yr 6.5%* -22.5% 14.3% 23.33%
5 Yr 6.3%* -22.2% 47.3% 6.84%
10 Yr 10.1%* -12.5% 13.1% 4.92%

* Annualized


Total Return Ranking - Calendar

Period CLBEX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.4% -32.7% 1.6% 48.82%
2017 15.1% -8.4% 33.2% 19.05%
2016 8.2% -65.2% 23.3% 21.86%
2015 1.4% -62.9% 9.2% 3.41%
2014 8.9% -28.5% 76.9% 9.20%

NAV & Total Return History

CLBEX - Holdings

Concentration Analysis

CLBEX Category Low Category High CLBEX % Rank
Net Assets 147 B 608 K 147 B 0.51%
Number of Holdings 1675 2 13352 9.54%
Net Assets in Top 10 26.4 B -120 M 26.4 B 0.51%
Weighting of Top 10 18.83% 5.6% 3196.0% 85.63%

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 CLBEX % Rank
Stocks
62.07% -37.73% 135.47% 29.18%
Bonds
31.96% -47.15% 261.66% 66.18%
Cash
5.76% -283.85% 353.31% 38.78%
Preferred Stocks
0.11% 0.00% 65.70% 42.09%
Convertible Bonds
0.10% 0.00% 26.92% 67.45%
Other
0.00% -253.31% 53.08% 79.91%

Stock Sector Breakdown

Weighting Return Low Return High CLBEX % Rank
Technology
13.85% -3.22% 31.95% 16.96%
Healthcare
9.53% -1.99% 45.45% 14.03%
Financial Services
8.01% -0.38% 47.66% 51.28%
Consumer Cyclical
6.54% -10.37% 42.25% 38.84%
Energy
5.94% -2.23% 34.31% 10.40%
Consumer Defense
5.04% -4.62% 18.58% 25.13%
Industrials
4.65% -0.28% 27.17% 57.40%
Basic Materials
3.19% -1.52% 22.33% 14.99%
Real Estate
2.55% -3.85% 76.20% 39.22%
Communication Services
2.15% -0.92% 7.14% 27.36%
Utilities
0.63% -0.60% 23.50% 79.40%

Stock Geographic Breakdown

Weighting Return Low Return High CLBEX % Rank
US
53.76% -39.12% 134.61% 19.01%
Non US
8.31% -85.22% 74.42% 58.74%

Bond Sector Breakdown

Weighting Return Low Return High CLBEX % Rank
Government
11.37% -57.27% 316.66% 48.44%
Corporate
11.15% 0.00% 86.09% 66.82%
Securitized
9.38% 0.00% 43.20% 45.20%
Cash & Equivalents
5.77% -277.47% 353.31% 34.90%
Municipal
0.26% 0.00% 99.76% 26.06%
Derivative
0.00% -234.33% 27.17% 54.80%

Bond Geographic Breakdown

Weighting Return Low Return High CLBEX % Rank
US
28.92% -47.15% 201.54% 61.47%
Non US
3.04% -71.37% 144.19% 61.41%

CLBEX - Expenses

Operational Fees

CLBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.00% 11.64% 54.99%
Management Fee 0.22% 0.00% 2.50% 40.24%
12b-1 Fee 0.50% 0.00% 1.00% 64.10%
Administrative Fee 0.05% 0.00% 0.83% 28.31%

Sales Fees

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

Trading Fees

CLBEX 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.

CLBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 0.00% 6067.00% 71.65%

CLBEX - Distributions

Dividend Yield Analysis

CLBEX Category Low Category High CLBEX % Rank
Dividend Yield 0.01% 0.00% 0.57% 69.80%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

CLBEX Category Low Category High CLBEX % Rank
Net Income Ratio 1.63% -4.09% 6.99% 52.45%

Capital Gain Distribution Analysis

CLBEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Monthly Annually

CLBEX - Managers

Hilda L. Applbaum

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 1999

20.51

20.5%

Ms. Applbaum is a portfolio manager and senior vice president of the Capital Research and Management Company. Ms. Applbaum formerly served the California Public Employee Retirement Service.


Gregory D. Johnson

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2003

16.34

16.3%

Gregory D. Johnson is an equity portfolio manager at Capital Group. He has many years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. merchandising, retail, restaurant and footwear companies. He holds an MBA from Columbia Business School and a bachelor’s degree in political science from the University of California, Los Angeles. Greg is based in Los Angeles.


James R. Mulally

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2006

13.34

13.3%

James R. Mulally is a senior vice president of Capital Research and Management Company as well as Capital International Limited with global fixed-income portfolio management responsibilities. He joined the organization in 1980, and from 1983 through 1988 was based in London. Prior to coming to Capital, Mr. Mulally was a research associate with the Federal Reserve Bank of Minneapolis. He received his undergraduate degree from Dartmouth College (Phi Beta Kappa) and an MBA from Columbia University Graduate School of Business. He is based in Los Angeles.


Alan N. Berro

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2006

13.34

13.3%

Alan N. Berro is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 33 years of investment experience and has been with Capital Group for 28 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. utilities, capital goods and machinery companies. Before joining Capital, he was a portfolio manager and utilities analyst for Fidelity Management and Research Company in Boston. He also worked as an auditor for Price Waterhouse in Los Angeles. He holds an MBA from Harvard Business School and a bachelor’s degree in economics from the University of California, Los Angeles graduating magna cum laude. He also holds the certified public accountant and Chartered Financial Analyst® designations and is a member of the Los Angeles Society of Financial Analysts. Alan is based in Los Angeles.


Jeffrey T. Lager

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2011

8.34

8.3%

Jeffrey T. Lager is an equity portfolio manager at Capital Group. He has 21 years of investment experience and has been with Capital Group for 19 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. environmental services, IT & business services, technology hardware, IT outsourcing and transaction processing companies. Before joining Capital, Jeff was a manager of investment analysis at Medical Portfolio Management in Cambridge, Massachusetts, and an associate at the Boston Consulting Group in Boston. He holds an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar, as well as a master’s degree in sociology and a bachelor’s degree with distinction in decision analysis from Stanford University. He also holds the Chartered Financial Analyst® designation. Jeff is based in San Francisco.


Michael T. Kerr

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2014

5.33

5.3%

Michael T. Kerr is an equity portfolio manager at Capital Group. He has 35 years of investment experience and has been with Capital Group for 33 years. Earlier in his career, as an equity investment analyst at Capital, he covered global oil & gas companies and U.S. multi-utilities. Prior to joining Capital, Mike was an exploration geophysicist with Cities Service Company. He holds an MBA from Harvard Business School, where he was awarded first-year honors, and a bachelor’s degree in geological sciences from Harvard University graduating cum laude. Mike is based in Los Angeles.


Paul Benjamin

Manager

Start Date

Tenure

Tenure Rank

Jul 02, 2014

5.0

5.0%

Partner, Capital World Investors


Alan J. Wilson

Manager

Start Date

Tenure

Tenure Rank

Jan 23, 2016

3.44

3.4%

Alan J. Wilson is a portfolio manager at Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. construction & housing, machinery & engineering, environmental services, energy equipment, trucks, personal care, household products and energy companies. Before joining Capital, Alan was a consultant with The Boston Consulting Group and an engineer with Texas Eastern Corp. He holds an MBA from Harvard Business School and a bachelor’s degree in civil engineering from Massachusetts Institute of Technology. Alan is based in Los Angeles.


John R. Queen

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2016

3.0

3.0%

John R. Queen is president at Capital Research and Management Company. Prior to that, Queen is a portfolio manager with Mercury Advisors, his employer since 1997. Prior to joining the firm, he was associated with The Capital Group.


Pramod Atluri

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2018

1.33

1.3%

Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 19 years of investment industry experience and has been with Capital Group for two years. Prior to joining Capital, Pramod was a fixed income portfolio manager at Fidelity Investments where he also worked as a fixed income strategist and corporate bond analyst. Before that he was a management consultant at McKinsey & Company. He holds an MBA from Harvard Business School and a bachelor’s degree in biological chemistry from the University of Chicago where he also completed the requirements for bachelor’s degrees in economics and chemistry. He holds the Chartered Financial Analyst® designation. Pramod is based in Los Angeles.


Tenure Analysis

Category Low

0.25

Category High

31.98

Category Average

8.31

Category Mode

2.33