American Balanced Fund®

American Funds®

Share Class A

Balanced
 fund Balanced
 
Overview

American Balanced Fund may be appropriate for:

  • Investors who want the income of bonds and the growth opportunities of stocks
  • Income-oriented investors looking for a conservative entry into the stock market
  • Investors who want to simplify their portfolio

Objective

The investment objectives of the fund are: (1) conservation of capital, (2) current income and (3) long-term growth of capital and income.

Manager

The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest and most respected investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.

Fund information
  • Began operations: 7/26/75
  • Expense ratio:* 0.57%
  • Investment expenses paid annually:† $5.70 for a $1,000 balance
  • Ticker symbol: ABALX
Top 10 holdings
  1. Microsoft 3.9%
  2. UnitedHealth Group 2.5%
  3. Home Depot 2.0%
  4. Berkshire Hathaway 1.8%
  5. NIKE 1.5%
  1. Philip Morris International 1.5%
  2. BROADCOM INC 1.5%
  3. Intel 1.4%
  4. Comcast 1.2%
  5. TSMC 1.2%
Where the fund was invested
fund holdings
 
Past results

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. 

HistReturn
Average annual total returns through 12/31/18
  Latest10 years Latest5 years Latest3 years Latestyear
At net asset value 10.31% 6.20% 6.86% -2.71%
At maximum offering price
(Class A shares, with 5.75% maximum sales charge)
9.66% 4.95% 4.78% -8.31%
 

 

Investment results reflect the deduction of applicable fees and expenses and the reinvestment of all distributions. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.