American Funds American Balanced 529E
- CLBEX
- Price as of: Apr 16, 2021
-
$32.02
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- American Funds
- Share Class
CLBEX - Snapshot
Vitals
- YTD Return 6.5%
- 3 Yr Annualized Return 10.2%
- 5 Yr Annualized Return 10.1%
- Net Assets $192 B
- Holdings in Top 10 17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.84%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 176.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250
- IRA $25
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
CLBEX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 10.2%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.42%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAmerican Funds American Balanced Fund®
-
Fund Family NameAmerican Funds
-
Inception DateMar 05, 2002
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerHilda Applbaum
CLBEX - Performance
Return Ranking - Trailing
Period | CLBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -6.3% | 77.7% | 51.09% |
1 Yr | 29.8% | -5.2% | 150.3% | 84.84% |
3 Yr | 10.2%* | -1.3% | 30.7% | 37.52% |
5 Yr | 10.1%* | 0.6% | 26.0% | 43.49% |
10 Yr | 9.5%* | 1.3% | 16.5% | 15.82% |
* Annualized
Return Ranking - Calendar
Period | CLBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.0% | -39.0% | 56.4% | 63.12% |
2019 | 14.5% | -5.8% | 25.7% | 42.48% |
2018 | -8.3% | -52.1% | 0.0% | 15.94% |
2017 | 9.4% | -6.5% | 32.7% | 41.95% |
2016 | 4.1% | -43.7% | 17.8% | 46.70% |
Total Return Ranking - Trailing
Period | CLBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -6.3% | 77.7% | 51.09% |
1 Yr | 29.8% | -5.2% | 150.3% | 76.23% |
3 Yr | 10.2%* | -1.3% | 30.7% | 34.19% |
5 Yr | 10.1%* | 0.6% | 26.0% | 39.25% |
10 Yr | 9.5%* | 1.3% | 16.5% | 14.12% |
* Annualized
Total Return Ranking - Calendar
Period | CLBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.0% | -39.0% | 56.4% | 63.12% |
2019 | 14.5% | -5.8% | 25.7% | 42.48% |
2018 | -7.4% | -47.9% | 0.8% | 39.77% |
2017 | 15.1% | -3.7% | 56.2% | 22.26% |
2016 | 8.2% | -43.7% | 19.8% | 18.72% |
NAV & Total Return History
CLBEX - Holdings
Concentration Analysis
CLBEX | Category Low | Category High | CLBEX % Rank | |
---|---|---|---|---|
Net Assets | 192 B | 539 K | 192 B | 1.87% |
Number of Holdings | 2055 | 2 | 14931 | 7.64% |
Net Assets in Top 10 | 32.5 B | -9.34 M | 32.5 B | 1.87% |
Weighting of Top 10 | 17.72% | 8.0% | 100.0% | 91.32% |
Top 10 Holdings
- Microsoft Corp 3.62%
- Broadcom Inc 2.27%
- UnitedHealth Group Inc 2.13%
- Philip Morris International Inc 1.80%
- Taiwan Semiconductor Manufacturing Co Ltd ADR 1.80%
- Federal National Mortgage Association 2% 1.76%
- Comcast Corp Class A 1.55%
- Comcast Corp Class A 1.33%
- Comcast Corp Class A 1.33%
- Comcast Corp Class A 1.33%
Asset Allocation
Weighting | Return Low | Return High | CLBEX % Rank | |
---|---|---|---|---|
Stocks | 60.00% | 0.00% | 138.94% | 64.55% |
Bonds | 31.88% | -0.38% | 121.14% | 50.43% |
Cash | 7.27% | -69.19% | 81.05% | 20.61% |
Convertible Bonds | 0.74% | 0.00% | 27.83% | 30.12% |
Preferred Stocks | 0.12% | -0.01% | 24.34% | 46.69% |
Other | 0.00% | -4.86% | 62.34% | 78.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CLBEX % Rank | |
---|---|---|---|---|
Technology | 20.47% | 0.00% | 53.70% | 38.18% |
Healthcare | 14.31% | 0.00% | 33.78% | 34.01% |
Financial Services | 13.15% | 0.00% | 100.00% | 77.38% |
Consumer Defense | 10.58% | 0.00% | 18.66% | 12.54% |
Communication Services | 9.73% | 0.00% | 30.83% | 38.76% |
Industrials | 8.93% | 0.00% | 31.04% | 74.50% |
Consumer Cyclical | 6.45% | 0.00% | 24.11% | 84.01% |
Basic Materials | 5.85% | 0.00% | 27.35% | 10.23% |
Real Estate | 4.37% | 0.00% | 99.68% | 28.67% |
Energy | 3.54% | 0.00% | 90.89% | 24.93% |
Utilities | 2.61% | 0.00% | 100.00% | 53.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CLBEX % Rank | |
---|---|---|---|---|
US | 49.92% | 0.00% | 137.67% | 46.40% |
Non US | 10.08% | 0.00% | 69.93% | 57.20% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CLBEX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 27.84% | 0.04% | 100.00% | 11.82% |
Corporate | 27.50% | 0.00% | 99.08% | 70.46% |
Securitized | 24.85% | 0.00% | 85.21% | 34.01% |
Government | 19.00% | 0.00% | 96.20% | 67.00% |
Municipal | 0.80% | 0.00% | 24.11% | 29.97% |
Derivative | 0.00% | 0.00% | 33.65% | 72.91% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CLBEX % Rank | |
---|---|---|---|---|
US | 28.41% | -0.38% | 66.47% | 47.26% |
Non US | 3.47% | -9.41% | 97.27% | 51.59% |
CLBEX - Expenses
Operational Fees
CLBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.01% | 14.81% | 49.24% |
Management Fee | 0.22% | 0.00% | 1.75% | 40.20% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 65.31% |
Administrative Fee | 0.05% | 0.01% | 0.83% | 26.52% |
Sales Fees
CLBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
CLBEX 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.
CLBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 176.00% | 0.00% | 484.00% | 95.44% |
CLBEX - Distributions
Dividend Yield Analysis
CLBEX | Category Low | Category High | CLBEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.05% | 56.37% |
Dividend Distribution Analysis
CLBEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
CLBEX | Category Low | Category High | CLBEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.42% | -1.95% | 11.02% | 54.93% |
Capital Gain Distribution Analysis
CLBEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 14, 2019 | $0.080 |
Sep 13, 2018 | $0.078 |
Mar 15, 2018 | $0.078 |
Sep 14, 2017 | $0.078 |
Mar 16, 2017 | $0.079 |
Sep 15, 2016 | $0.080 |
Mar 17, 2016 | $0.080 |
Sep 17, 2015 | $0.078 |
Jun 18, 2015 | $0.078 |
Sep 18, 2014 | $0.073 |
Jun 13, 2014 | $0.073 |
Dec 20, 2013 | $0.073 |
Sep 13, 2013 | $0.076 |
Jun 13, 2013 | $0.076 |
Mar 18, 2013 | $0.077 |
Dec 21, 2012 | $0.077 |
Sep 12, 2012 | $0.077 |
Jun 13, 2012 | $0.079 |
Mar 19, 2012 | $0.078 |
Dec 27, 2011 | $0.084 |
Sep 14, 2011 | $0.083 |
Jun 08, 2011 | $0.083 |
Mar 07, 2011 | $0.084 |
Dec 27, 2010 | $0.074 |
Sep 15, 2010 | $0.075 |
Jun 09, 2010 | $0.075 |
Mar 08, 2010 | $0.076 |
Dec 16, 2009 | $0.080 |
Aug 17, 2009 | $0.082 |
May 27, 2009 | $0.098 |
Feb 23, 2009 | $0.099 |
Dec 19, 2008 | $0.121 |
Aug 18, 2008 | $0.118 |
May 27, 2008 | $0.118 |
Feb 19, 2008 | $0.118 |
Dec 26, 2007 | $0.116 |
Aug 20, 2007 | $0.117 |
May 21, 2007 | $0.107 |
Feb 20, 2007 | $0.108 |
Dec 28, 2006 | $0.108 |
Aug 21, 2006 | $0.108 |
May 30, 2006 | $0.094 |
Feb 21, 2006 | $0.094 |
Dec 29, 2005 | $0.090 |
Aug 22, 2005 | $0.087 |
May 31, 2005 | $0.077 |
Feb 22, 2005 | $0.077 |
Dec 13, 2004 | $0.071 |
Aug 16, 2004 | $0.072 |
May 24, 2004 | $0.072 |
Feb 23, 2004 | $0.074 |
Dec 15, 2003 | $0.073 |
Aug 18, 2003 | $0.073 |
May 19, 2003 | $0.076 |
Feb 24, 2003 | $0.086 |
Dec 16, 2002 | $0.088 |
Aug 19, 2002 | $0.095 |
May 16, 2002 | $0.099 |
CLBEX - Fund Manager Analysis
Managers
Hilda Applbaum
Start Date
Tenure
Tenure Rank
Jan 01, 1999
22.26
22.3%
Hilda L. Applbaum is a portfolio manager at Capital Group and one of the portfolio managers of Capital Group Global Balanced Fund (Canada). Earlier in her career, as an equity investment analyst at Capital, Hilda covered global convertible securities. Before joining Capital, she was a principal investment officer and director of research for the California Public Employees Retirement System, and a research analyst and economist at Federal Farm Credit Banks Funding Corp. in New York.
Alan Berro
Start Date
Tenure
Tenure Rank
Mar 01, 2006
15.09
15.1%
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 Lager
Start Date
Tenure
Tenure Rank
Mar 01, 2011
10.09
10.1%
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.
Paul Benjamin
Start Date
Tenure
Tenure Rank
Jul 02, 2014
6.75
6.8%
Paul Benjamin is an equity portfolio manager at Capital Group. As an equity investment analyst, he covers U.S. large-cap software companies. He has the investment experience since 2005, all with Capital Group. Prior to joining Capital, he managed the European operations for Interelate, a technology start-up funded by Goldman Sachs. He holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in finance and religion from Northwestern College graduating magna cum laude. Paul is based in Los Angeles.
Anne-Marie Peterson
Start Date
Tenure
Tenure Rank
Oct 01, 2015
5.5
5.5%
Anne-Marie Peterson is an equity portfolio manager at Capital Group. As an equity investment analyst, she covers U.S. retail. She has 24 years of investment experience and has been with Capital Group for 14 years. Earlier in her career at Capital, her coverage included U.S. small-cap specialty retail companies and restaurants. Prior to joining Capital, she was a senior retail analyst for Thomas Weisel Partners. Before that, she was a research associate for Montgomery Securities. She holds a bachelor’s degree in economics from the University of California, Irvine. She also holds the Chartered Financial Analyst® designation. Anne-Marie is based in San Francisco.
Alan Wilson
Start Date
Tenure
Tenure Rank
Jan 23, 2016
5.19
5.2%
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 Queen
Start Date
Tenure
Tenure Rank
Jul 01, 2016
4.75
4.8%
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
Start Date
Tenure
Tenure Rank
Mar 01, 2018
3.08
3.1%
Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 21 years of investment industry experience and has been with Capital Group for four 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.
Mark Casey
Start Date
Tenure
Tenure Rank
Oct 01, 2019
1.5
1.5%
Mark L. Casey is an equity portfolio manager at Capital Group. He has 18 years of investment experience, all with Capital Group. Earlier in his career at Capital, Mark was an equity investment analyst and covered U.S. media, entertainment, newspapers, infrastructure software, internet and document imaging. Prior to joining Capital, he was a director and product manager for Siebel Systems. He holds an MBA with distinction from Harvard Business School and a bachelor’s degree in history from Yale University graduating magna cum laude. Mark is based in San Francisco.
Ritchie Tuazon
Start Date
Tenure
Tenure Rank
Oct 01, 2020
0.5
0.5%
Ritchie Tuazon is a fixed income portfolio manager at Capital Group. He has 20 years of investment experience and has been with Capital Group for 10 years. Earlier in his career at Capital, as a fixed income investment analyst, he had analytical responsibilities for Treasuries and TIPS. Prior to joining Capital, Ritchie was a trader at Goldman Sachs with experience trading TIPS, Treasuries, and Interest Rate Swaps. He holds an MBA from MIT Sloan School of Management, a master’s degree in public administration from Harvard's Kennedy School of Government and a bachelor’s degree from the University of California, Berkeley. Ritchie is based in Los Angeles.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 37.27 | 6.04 | 1.25 |