RLBAX: American Funds American Balanced R1

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RLBAX American Funds American Balanced R1


Profile

RLBAX - Profile

Vitals

  • YTD Return -2.6%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $153 B
  • Holdings in Top 10 19.2%

52 WEEK LOW AND HIGH

$27.54
$22.59
$29.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.36%

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 Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.20%
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
    May 29, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Hilda Applbaum

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.


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Categories

Fund Company Quick Screens

RLBAX - Fund Company Quick Screens


Performance

RLBAX - Performance

Return Ranking - Trailing

Period RLBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -46.0% 29.3% 36.66%
1 Yr 5.4% -59.8% 35.1% 15.96%
3 Yr 1.7%* -39.5% 14.2% 17.86%
5 Yr 2.0%* -36.0% 9.1% 14.34%
10 Yr 5.6%* -37.3% 11.4% 12.61%

* Annualized

Return Ranking - Calendar

Period RLBAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.4% -50.4% 46.8% 28.36%
2018 -8.3% -31.8% 11.7% 36.57%
2017 9.4% -44.7% 46.3% 20.12%
2016 4.1% -29.9% 420.6% 45.87%
2015 -3.8% -40.7% 14.6% 20.86%

Total Return Ranking - Trailing

Period RLBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -46.0% 29.3% 36.66%
1 Yr 5.4% -59.8% 35.1% 15.96%
3 Yr 1.7%* -39.5% 14.2% 42.97%
5 Yr 2.0%* -36.0% 9.1% 49.73%
10 Yr 5.6%* -37.3% 11.6% 49.77%

* Annualized

Total Return Ranking - Calendar

Period RLBAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.4% -50.4% 46.8% 28.46%
2018 -8.3% -27.4% 11.7% 61.22%
2017 9.4% -44.7% 46.3% 51.83%
2016 4.1% -29.9% 420.6% 74.59%
2015 -3.8% -36.9% 14.6% 59.94%

NAV & Total Return History


Holdings

RLBAX - Holdings

Concentration Analysis

RLBAX Category Low Category High RLBAX % Rank
Net Assets 153 B 100 K 153 B 0.94%
Number of Holdings 1876 2 13456 4.37%
Net Assets in Top 10 27.1 B -35.2 M 27.1 B 0.94%
Weighting of Top 10 19.15% 5.5% 100.0% 81.33%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High RLBAX % Rank
Stocks
59.09% -113.74% 77.36% 23.60%
Bonds
32.96% -7.02% 80.79% 72.14%
Cash
7.27% -120.83% 149.68% 32.64%
Convertible Bonds
0.48% -0.67% 52.57% 40.64%
Preferred Stocks
0.19% 0.00% 36.61% 39.60%
Other
0.00% -4.42% 167.50% 71.31%

Stock Sector Breakdown

Weighting Return Low Return High RLBAX % Rank
Technology
20.23% 0.00% 100.00% 31.46%
Healthcare
17.90% 0.00% 54.35% 18.26%
Financial Services
13.50% 0.00% 62.98% 66.67%
Consumer Defense
10.90% 0.00% 18.41% 14.74%
Communication Services
9.34% 0.00% 26.69% 38.50%
Industrials
7.67% 0.00% 99.44% 75.03%
Consumer Cyclical
5.98% 0.00% 33.58% 73.38%
Real Estate
5.18% 0.00% 99.96% 33.22%
Basic Materials
3.72% 0.00% 19.70% 26.18%
Energy
3.09% 0.00% 100.00% 56.77%
Utilities
2.48% 0.00% 100.00% 74.37%

Stock Geographic Breakdown

Weighting Return Low Return High RLBAX % Rank
US
50.48% -112.30% 75.95% 30.04%
Non US
8.61% -3.33% 31.77% 27.55%

Bond Sector Breakdown

Weighting Return Low Return High RLBAX % Rank
Corporate
32.10% 0.00% 100.00% 52.49%
Securitized
26.55% 0.00% 85.82% 28.27%
Government
22.61% 0.00% 90.31% 47.71%
Cash & Equivalents
17.77% -3.87% 100.00% 31.81%
Municipal
0.96% 0.00% 99.50% 17.78%
Derivative
0.00% 0.00% 69.90% 62.89%

Bond Geographic Breakdown

Weighting Return Low Return High RLBAX % Rank
US
29.22% -8.49% 88.92% 74.74%
Non US
3.74% -14.78% 29.41% 40.33%

Expenses

RLBAX - Expenses

Operational Fees

RLBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.01% 7.41% 34.22%
Management Fee 0.22% 0.00% 2.00% 24.77%
12b-1 Fee 1.00% 0.00% 1.00% 86.94%
Administrative Fee 0.05% 0.01% 0.83% 15.93%

Sales Fees

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

Trading Fees

RLBAX 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.

RLBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 104.00% 0.00% 574.00% 78.37%

Distributions

RLBAX - Distributions

Dividend Yield Analysis

RLBAX Category Low Category High RLBAX % Rank
Dividend Yield 0.00% 0.00% 10.48% 46.26%

Dividend Distribution Analysis

RLBAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

RLBAX Category Low Category High RLBAX % Rank
Net Income Ratio 1.20% -5.24% 6.65% 75.03%

Capital Gain Distribution Analysis

RLBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RLBAX - Fund Manager Analysis

Managers

Hilda Applbaum


Start Date

Tenure

Tenure Rank

Jan 01, 1999

21.34

21.3%

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 Johnson


Start Date

Tenure

Tenure Rank

Mar 01, 2003

17.18

17.2%

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

14.18

14.2%

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

14.18

14.2%

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

9.17

9.2%

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 Kerr


Start Date

Tenure

Tenure Rank

Mar 01, 2014

6.17

6.2%

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


Start Date

Tenure

Tenure Rank

Jul 02, 2014

5.83

5.8%

Paul R. Benjamin is a Partner of Capital World Investors. Mr. Benjamin has been employed in the investment management are of Capital Research or its affiliates since 2005. Mr. Benjamin has been an equity portfolio manager and previously served as an investment analyst since 2008.

Alan Wilson


Start Date

Tenure

Tenure Rank

Jan 23, 2016

4.27

4.3%

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

3.83

3.8%

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

2.17

2.2%

Pramod Atluri is a vice president and fixed income portfolio manager at Capital Group. Prior to joining Capital in 2016, 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 Category High Category Average Category Mode
0.04 39.35 6.95 0.33