American Funds American Balanced B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
10.4%
3 Yr Avg Return
6.5%
5 Yr Avg Return
9.1%
Net Assets
$108 B
Holdings in Top 10
19.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.35%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 79.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
$25
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BALBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAmerican Funds American Balanced Fund®
-
Fund Family NameAmerican Funds
-
Inception DateMar 15, 2000
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael T. Kerr
Fund Description
BALBX - Performance
Return Ranking - Trailing
Period | BALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 26.1% | N/A |
1 Yr | 10.4% | -63.0% | 12.9% | N/A |
3 Yr | 6.5%* | -27.3% | 13.0% | N/A |
5 Yr | 9.1%* | -24.1% | 8.5% | N/A |
10 Yr | 6.1%* | -14.6% | 9.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | BALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -34.6% | 1.6% | N/A |
2022 | N/A | -12.4% | 33.2% | N/A |
2021 | N/A | -65.8% | 23.3% | N/A |
2020 | N/A | -64.9% | 4.8% | N/A |
2019 | N/A | -29.5% | 68.3% | N/A |
Total Return Ranking - Trailing
Period | BALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 26.1% | N/A |
1 Yr | 5.4% | -60.8% | 13.2% | N/A |
3 Yr | 5.3%* | -22.8% | 13.9% | N/A |
5 Yr | 8.8%* | -21.4% | 47.5% | N/A |
10 Yr | 6.1%* | -12.2% | 12.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -32.7% | 1.6% | N/A |
2022 | N/A | -8.4% | 33.2% | N/A |
2021 | N/A | -65.2% | 23.3% | N/A |
2020 | N/A | -62.9% | 9.2% | N/A |
2019 | N/A | -28.5% | 76.9% | N/A |
BALBX - Holdings
Concentration Analysis
BALBX | Category Low | Category High | BALBX % Rank | |
---|---|---|---|---|
Net Assets | 108 B | 604 K | 147 B | N/A |
Number of Holdings | 1545 | 2 | 13410 | N/A |
Net Assets in Top 10 | 19.2 B | -120 M | 26.4 B | N/A |
Weighting of Top 10 | 19.79% | 5.5% | 3196.0% | N/A |
Top 10 Holdings
- Microsoft Corp 3.71%
- The Home Depot Inc 2.22%
- Comcast Corp Class A 2.17%
- Berkshire Hathaway Inc A 2.03%
- JPMorgan Chase & Co 1.76%
- Amazon.com Inc 1.73%
- Philip Morris International Inc 1.59%
- UnitedHealth Group Inc 1.59%
- E.I. du Pont de Nemours & Co 1.52%
- Schlumberger Ltd 1.46%
Asset Allocation
Weighting | Return Low | Return High | BALBX % Rank | |
---|---|---|---|---|
Stocks | 59.50% | -37.73% | 135.47% | N/A |
Bonds | 36.48% | 0.00% | 261.66% | N/A |
Cash | 2.80% | -283.85% | 353.31% | N/A |
Other | 1.15% | -253.31% | 53.08% | N/A |
Preferred Stocks | 0.03% | 0.00% | 65.70% | N/A |
Convertible Bonds | 0.03% | 0.00% | 26.85% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | BALBX % Rank | |
---|---|---|---|---|
Technology | 10.73% | -3.22% | 31.95% | N/A |
Financial Services | 9.35% | -0.41% | 47.66% | N/A |
Energy | 7.88% | -2.23% | 27.44% | N/A |
Consumer Cyclical | 6.84% | -9.59% | 42.25% | N/A |
Consumer Defense | 6.65% | -4.62% | 17.45% | N/A |
Healthcare | 6.28% | -1.99% | 45.45% | N/A |
Industrials | 4.99% | -0.36% | 27.17% | N/A |
Basic Materials | 3.30% | -1.56% | 22.61% | N/A |
Communication Services | 3.03% | -0.92% | 6.87% | N/A |
Utilities | 0.45% | -0.12% | 23.50% | N/A |
Real Estate | 0.00% | -3.22% | 75.65% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BALBX % Rank | |
---|---|---|---|---|
US | 52.93% | -39.12% | 134.61% | N/A |
Non US | 6.57% | -76.83% | 74.42% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | BALBX % Rank | |
---|---|---|---|---|
Government | 15.90% | -57.27% | 316.66% | N/A |
Corporate | 12.61% | 0.00% | 86.09% | N/A |
Securitized | 7.78% | -31.43% | 45.07% | N/A |
Cash & Equivalents | 2.85% | -277.47% | 353.31% | N/A |
Municipal | 0.20% | 0.00% | 99.83% | N/A |
Derivative | 0.00% | -234.33% | 21.15% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BALBX % Rank | |
---|---|---|---|---|
US | 33.60% | -215.69% | 201.54% | N/A |
Non US | 2.88% | -64.26% | 220.06% | N/A |
BALBX - Expenses
Operational Fees
BALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.35% | 0.00% | 11.64% | N/A |
Management Fee | 0.23% | 0.00% | 2.50% | N/A |
12b-1 Fee | 0.99% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.05% | 0.00% | 0.83% | N/A |
Sales Fees
BALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.14% | 5.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.50% | N/A |
Trading Fees
BALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.11% | 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.
BALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 79.00% | 0.00% | 6067.00% | N/A |
BALBX - Distributions
Dividend Yield Analysis
BALBX | Category Low | Category High | BALBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.01% | N/A |
Dividend Distribution Analysis
BALBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
BALBX | Category Low | Category High | BALBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.89% | -4.09% | 6.99% | N/A |
Capital Gain Distribution Analysis
BALBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 15, 2016 | $0.040 | |
Mar 17, 2016 | $0.047 | |
Sep 17, 2015 | $0.049 | |
Jun 18, 2015 | $0.049 | |
Sep 18, 2014 | $0.045 | |
Jun 13, 2014 | $0.045 | |
Dec 20, 2013 | $0.048 | |
Sep 13, 2013 | $0.049 | |
Jun 13, 2013 | $0.050 | |
Mar 18, 2013 | $0.052 | |
Dec 21, 2012 | $0.054 | |
Sep 12, 2012 | $0.059 | |
Jun 13, 2012 | $0.057 | |
Mar 19, 2012 | $0.056 | |
Dec 27, 2011 | $0.063 | |
Sep 14, 2011 | $0.064 | |
Jun 08, 2011 | $0.065 | |
Mar 07, 2011 | $0.065 | |
Dec 27, 2010 | $0.055 | |
Sep 15, 2010 | $0.058 | |
Jun 09, 2010 | $0.058 | |
Mar 08, 2010 | $0.059 | |
Dec 16, 2009 | $0.063 | |
Aug 17, 2009 | $0.067 | |
May 27, 2009 | $0.085 | |
Feb 23, 2009 | $0.086 | |
Dec 19, 2008 | $0.107 | |
Aug 18, 2008 | $0.102 | |
May 27, 2008 | $0.101 | |
Feb 19, 2008 | $0.100 | |
Dec 26, 2007 | $0.097 | |
Aug 20, 2007 | $0.098 | |
May 21, 2007 | $0.089 | |
Feb 20, 2007 | $0.090 | |
Dec 28, 2006 | $0.089 | |
Aug 21, 2006 | $0.091 | |
May 30, 2006 | $0.076 | |
Feb 21, 2006 | $0.076 | |
Dec 29, 2005 | $0.072 | |
Aug 22, 2005 | $0.070 | |
May 31, 2005 | $0.062 | |
Feb 22, 2005 | $0.062 | |
Dec 13, 2004 | $0.056 | |
Aug 16, 2004 | $0.057 | |
May 24, 2004 | $0.058 | |
Feb 23, 2004 | $0.059 | |
Dec 15, 2003 | $0.060 | |
Aug 18, 2003 | $0.059 | |
May 19, 2003 | $0.062 | |
Feb 24, 2003 | $0.074 | |
Dec 16, 2002 | $0.073 | |
Aug 19, 2002 | $0.082 | |
May 16, 2002 | $0.081 | |
Feb 25, 2002 | $0.082 | |
Dec 17, 2001 | $0.111 | |
Aug 20, 2001 | $0.048 | |
May 21, 2001 | $0.111 | |
Feb 26, 2001 | $0.121 | |
Dec 18, 2000 | $0.116 | |
Aug 21, 2000 | $0.113 | |
May 22, 2000 | $0.124 |
BALBX - Fund Manager Analysis
Managers
Michael T. Kerr
Start Date
Tenure
Tenure Rank
Mar 01, 2014
3.08
3.1%
Michael T. Kerr is an equity portfolio manager at Capital Group. 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.
Jeffrey T. Lager
Start Date
Tenure
Tenure Rank
Mar 01, 2011
6.09
6.1%
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.
John H. Smet
Start Date
Tenure
Tenure Rank
Jan 01, 1997
20.26
20.3%
John H. Smet is a fixed-income portfolio manager at Capital Group. He has 34 years of investment experience and 32 years at Capital. Earlier in his career, as a fixed-income investment analyst at Capital, John covered mortgage-backed securities and railroads. He holds an MBA in finance and a bachelor’s degree in economics from the University of Wisconsin-Madison. He also holds the Chartered Financial Analyst® designation and is a member of the Los Angeles Society of Financial Analysts. John is based in Los Angeles.
Alan N. Berro
Start Date
Tenure
Tenure Rank
Mar 01, 2006
11.09
11.1%
Alan N. Berro is an equity portfolio manager at Capital Group. He has 30 years of investment experience and has been with Capital Group for 25 years. In this prior role 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 holds an MBA from Harvard Business School and a bachelor’s degree in economics from UCLA graduating magna cum laude. He also holds the CPA and CFA. Alan is based in Los Angeles.
John R. Queen
Start Date
Tenure
Tenure Rank
Jul 01, 2016
0.75
0.8%
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.
Gregory D. Johnson
Start Date
Tenure
Tenure Rank
Mar 01, 2003
14.09
14.1%
Gregory D. Johnson is an equity portfolio manager at Capital Group. He has 22 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.
James R. Mulally
Start Date
Tenure
Tenure Rank
Mar 01, 2006
11.09
11.1%
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.
Alan J. Wilson
Start Date
Tenure
Tenure Rank
Jan 23, 2016
1.19
1.2%
Alan J. Wilson is a portfolio manager at Capital Group. He has 31 years of investment experience and has been with Capital Group for 25 years. As an equity investment analyst at Capital, he covered U.S. construction & housing, machinery & engineering, energy companies, personal care, and household products. 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.
Hilda L. Applbaum
Start Date
Tenure
Tenure Rank
Jan 01, 1999
18.26
18.3%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 38.52 | 6.47 | 7.12 |