American Balanced FundŽ
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 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:* 0.25%
- Investment expenses paid annually:† $2.50 for a $1,000 balance
- Ticker symbol: RLBGX
*Fund expenses are as of each fund’s prospectus. Please see the fund’s most recent prospectus for details.
†You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.
Top 10 holdings
(Percentage of net assets shown are for the most recent period available as of 3/31/24; holdings are subject to change)
- Microsoft 4.6%
- Broadcom 4.5%
- Alphabet 2.2%
- Meta Platforms 1.7%
- Philip Morris International 1.7%
- UnitedHealth Group 1.7%
- Eli Lilly 1.6%
- TSMC 1.4%
- Home Depot 1.4%
- JPMorgan Chase 1.3%
Where the fund was invested
(as of 3/31/24; percentage of net assets; holdings are subject to change)
*Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
Past results
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (These percentages are based on Class R-6 shares at net asset value after the share class inception date of May 1, 2009. All Class R-6 share results prior to this date, or prior to the date of first sale, are hypothetical based on Class A share results, adjusted for typical estimated expenses, and are calculated without a sales charge. These results are updated annually as of 12/31. Other share class results will vary.)
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.
Average annual total returns through 3/31/24
Class R-6 Shares
| Latest10 years | Latest5 years | Latest3 years | Latestyear | |
|---|---|---|---|---|
| At net asset value | 8.37% | 8.91% | 6.21% | 18.11% |
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. See results without waivers and/or reimbursements. Read details about how waivers and/or reimbursements affect the results for each fund.
Class R-6 shares were first offered on 5/1/09 and are sold without a sales charge. Class R-6 share returns prior to the date of first sale are hypothetical. Hypothetical returns prior to the date of first sale were calculated by adjusting Class A share returns without a sales charge for the difference between the Class A share expense ratio and the estimated Class R-6 share expense ratio as of the date of first sale. See the dates of first sale and expense adjustments for Class R-6 shares. The investment adviser waived a portion of its management fees from 9/1/04 through 12/31/08. When applicable, hypothetical returns reflect the waiver, without which results would have been lower. Please see the fund prospectus for more information about specific expenses.In applying any particular asset allocation model to your own individual situation, you should consider your other assets, income and investments. For example, in addition to your retirement plan investments, you should consider any investments (including those in an Individual Retirement Account) and savings accounts.
The return of principal for the bond holdings in American Balanced Fund is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from your plan’s financial professional or downloaded and should be read carefully before investing. You can find a link to the prospectus at the top of the page.
Use of this website is intended for U.S. residents only.
American Funds Distributors, Inc., member FINRA.
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