American Funds American Balanced 529-F-3
- FBONX
- Price as of: Jun 11, 2018
-
$0.00
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- American Funds
- Share Class
FBONX - Snapshot
Vitals
- YTD Return N/A
- 3 Yr Annualized Return 7.4%
- 5 Yr Annualized Return 10.5%
- Net Assets $182 B
- Holdings in Top 10 17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio N/A
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 104.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
FBONX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 7.4%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAmerican Funds American Balanced Fund®
-
Fund Family NameAmerican Funds
-
Inception DateOct 30, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGregory Johnson
Fund Description
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.
FBONX - Performance
Return Ranking - Trailing
Period | FBONX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.4% | 26.3% | N/A |
1 Yr | 10.4% | -19.4% | 53.5% | 65.97% |
3 Yr | 7.4%* | -2.4% | 16.5% | 40.54% |
5 Yr | 10.5%* | 0.6% | 20.8% | 34.69% |
10 Yr | 9.6%* | 1.4% | 14.5% | 11.28% |
* Annualized
Return Ranking - Calendar
Period | FBONX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | N/A | -39.0% | 56.4% | N/A |
2019 | N/A | -5.8% | 25.7% | N/A |
2018 | N/A | -52.1% | 0.0% | N/A |
2017 | N/A | -6.5% | 32.7% | N/A |
2016 | N/A | -43.7% | 17.8% | N/A |
Total Return Ranking - Trailing
Period | FBONX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.4% | 26.3% | N/A |
1 Yr | 10.4% | -19.4% | 53.5% | 56.32% |
3 Yr | 7.4%* | -2.4% | 16.5% | 36.01% |
5 Yr | 10.5%* | 0.6% | 20.8% | 32.03% |
10 Yr | 9.6%* | 1.4% | 14.5% | 10.71% |
* Annualized
Total Return Ranking - Calendar
Period | FBONX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | N/A | -39.0% | 56.4% | N/A |
2019 | N/A | -5.8% | 25.7% | N/A |
2018 | N/A | -47.9% | 0.8% | N/A |
2017 | N/A | -3.7% | 56.2% | N/A |
2016 | N/A | -43.7% | 19.8% | N/A |
NAV & Total Return History
FBONX - Holdings
Concentration Analysis
FBONX | Category Low | Category High | FBONX % Rank | |
---|---|---|---|---|
Net Assets | 182 B | 462 K | 182 B | 2.30% |
Number of Holdings | 2055 | 2 | 14673 | 7.38% |
Net Assets in Top 10 | 32.5 B | 640 K | 32.5 B | 2.32% |
Weighting of Top 10 | 17.72% | 9.6% | 100.0% | 92.21% |
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 | FBONX % Rank | |
---|---|---|---|---|
Stocks | 60.00% | 0.27% | 138.94% | 61.94% |
Bonds | 31.88% | -1.17% | 106.21% | 52.97% |
Cash | 7.27% | -69.19% | 81.49% | 16.64% |
Convertible Bonds | 0.74% | 0.00% | 26.23% | 28.65% |
Preferred Stocks | 0.12% | -0.01% | 25.13% | 49.93% |
Other | 0.00% | -2.63% | 31.11% | 87.70% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FBONX % Rank | |
---|---|---|---|---|
Technology | 20.47% | 0.00% | 53.70% | 41.53% |
Healthcare | 14.31% | 0.00% | 46.72% | 33.72% |
Financial Services | 13.15% | 0.00% | 100.00% | 71.20% |
Consumer Defense | 10.58% | 0.00% | 20.65% | 14.33% |
Communication Services | 9.73% | 0.00% | 32.52% | 38.35% |
Industrials | 8.93% | 0.00% | 31.51% | 70.62% |
Consumer Cyclical | 6.45% | 0.00% | 22.64% | 84.80% |
Basic Materials | 5.85% | 0.00% | 27.38% | 11.72% |
Real Estate | 4.37% | 0.00% | 99.68% | 29.81% |
Energy | 3.54% | 0.00% | 90.89% | 22.87% |
Utilities | 2.61% | 0.00% | 100.00% | 57.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FBONX % Rank | |
---|---|---|---|---|
US | 49.92% | 0.26% | 137.67% | 47.61% |
Non US | 10.08% | 0.00% | 36.41% | 56.15% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FBONX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 27.84% | 0.15% | 100.00% | 13.89% |
Corporate | 27.50% | 0.00% | 97.93% | 68.16% |
Securitized | 24.85% | 0.00% | 76.91% | 33.14% |
Government | 19.00% | 0.00% | 99.64% | 68.89% |
Municipal | 0.80% | 0.00% | 22.44% | 30.82% |
Derivative | 0.00% | 0.00% | 33.91% | 84.80% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FBONX % Rank | |
---|---|---|---|---|
US | 28.41% | -1.17% | 55.06% | 49.78% |
Non US | 3.47% | -6.29% | 80.10% | 52.24% |
FBONX - Expenses
Operational Fees
FBONX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.01% | 4.93% | N/A |
Management Fee | 0.22% | 0.00% | 1.75% | 40.43% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
FBONX 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
FBONX 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.
FBONX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 104.00% | 0.00% | 484.00% | 85.13% |
FBONX - Distributions
Dividend Yield Analysis
FBONX | Category Low | Category High | FBONX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.86% | 76.29% |
Dividend Distribution Analysis
FBONX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
FBONX | Category Low | Category High | FBONX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.51% | 11.02% | N/A |
Capital Gain Distribution Analysis
FBONX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
FBONX - Fund Manager Analysis
Managers
Gregory Johnson
Start Date
Tenure
Tenure Rank
Mar 01, 2003
17.93
17.9%
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.
Alan Berro
Start Date
Tenure
Tenure Rank
Mar 01, 2006
14.93
14.9%
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.
James Mulally
Start Date
Tenure
Tenure Rank
Mar 01, 2006
14.93
14.9%
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.
Jeffrey Lager
Start Date
Tenure
Tenure Rank
Mar 01, 2011
9.93
9.9%
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
6.59
6.6%
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
5.34
5.3%
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.
John Queen
Start Date
Tenure
Tenure Rank
Jul 01, 2016
4.59
4.6%
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
2.92
2.9%
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
1.34
1.3%
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
0.33
0.3%
Ritchie Tuazon is a fixed-income portfolio manager at Capital Group with research responsibility for U.S. Treasuries and TIPS. He has more than 20 years of investment experience and has been with Capital Group for more than 9 years. Prior to joining Capital, Ritchie was an interest-rate trader at Goldman Sachs & Co. and an investment banking analyst at J.P. Morgan. He holds a master’s degree in business administration from MIT Sloan School of Management, a master’s degree in public administration from The Harvard Kennedy School 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 |
---|---|---|---|
0.05 | 37.11 | 6.06 | 1.08 |