Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
1.06% 171.38B 1.43% 104.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
5.146B 9.59% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks conservation of capital, current income and long-term growth of capital and income. 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.
General
Security Type Mutual Fund
Oldest Share Symbol ABALX
Equity Style Large Cap/Blend
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Prospectus Objective Balanced
Fund Owner Firm Name American Funds
Prospectus Benchmark Index
BBgBarc US Agg Bond TR USD 40.00%
S&P 500 TR USD 60.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Hilda Applbaum 21.76 yrs
Gregory Johnson 17.60 yrs
Alan Berro 14.60 yrs
James Mulally 14.60 yrs
Jeffrey Lager 9.59 yrs
Paul Benjamin 6.25 yrs
Anne-Marie Peterson 5.01 yrs
Alan Wilson 4.69 yrs
John Queen 4.25 yrs
Pramod Atluri 2.59 yrs
Mark Casey 1.00 yrs
Ritchie Tuazon 0.00 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 2
5.146B
-7.635B Category Low
5.146B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
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As of October 20, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
21.31%
8.68%
1.60%
8.10%
14.89%
-3.20%
18.60%
3.91%
32.39%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
8.17%
19.94%
8.72%
-1.48%
8.59%
14.31%
-4.56%
21.74%
9.83%
20.70%
9.72%
1.39%
5.89%
13.72%
-6.16%
22.42%
8.79%
19.02%
7.81%
0.00%
3.89%
17.80%
0.03%
21.74%
7.62%
--
--
--
--
--
--
--
12.39%
As of October 20, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-20-20) 1.43%
30-Day SEC Yield (9-30-20) Upgrade
7-Day SEC Yield (8-31-17) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 21.77
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 2.86%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 8/29/2014
Last Annual Report Date 12/31/2019
Last Prospectus Date 3/1/2020
Share Classes
ABALX A
AFMBX Inst
AMBFX Other
BALCX C
BALFX Other
CLBAX A
CLBCX C
CLBEX Other
CLBFX Other
RLBAX Retirement
RLBBX Retirement
RLBCX Retirement
RLBEX Retirement
RLBFX Retirement
RLBGX Retirement
RLEFX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of June 30, 2020.
Type % Net % Long % Short
Cash 9.99% Upgrade Upgrade
Stock 55.32% Upgrade Upgrade
Bond 33.79% Upgrade Upgrade
Convertible 0.66% Upgrade Upgrade
Preferred 0.25% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Microsoft Corp 4.10% 215.03 0.18%
UnitedHealth Group Inc 2.06% 323.00 -0.13%
Broadcom Inc 1.83% 372.30 -1.24%
Philip Morris International Inc 1.56% 73.83 0.68%
Amazon.com Inc 1.39% 3188.00 -0.90%
Comcast Corp Class A 1.17% 44.66 0.88%
Taiwan Semiconductor Manufacturing Co Ltd ADR 1.16% 87.57 -0.78%
Pfizer Inc 1.14% 37.19 -0.80%
Facebook Inc A 1.08% 278.79 4.20%
The Home Depot Inc 1.08% 284.71 -0.46%

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks conservation of capital, current income and long-term growth of capital and income. 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.
General
Security Type Mutual Fund
Oldest Share Symbol ABALX
Equity Style Large Cap/Blend
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Prospectus Objective Balanced
Fund Owner Firm Name American Funds
Prospectus Benchmark Index
BBgBarc US Agg Bond TR USD 40.00%
S&P 500 TR USD 60.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Hilda Applbaum 21.76 yrs
Gregory Johnson 17.60 yrs
Alan Berro 14.60 yrs
James Mulally 14.60 yrs
Jeffrey Lager 9.59 yrs
Paul Benjamin 6.25 yrs
Anne-Marie Peterson 5.01 yrs
Alan Wilson 4.69 yrs
John Queen 4.25 yrs
Pramod Atluri 2.59 yrs
Mark Casey 1.00 yrs
Ritchie Tuazon 0.00 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-20-20) 1.43%
30-Day SEC Yield (9-30-20) Upgrade
7-Day SEC Yield (8-31-17) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 21.77
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 2.86%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 8/29/2014
Last Annual Report Date 12/31/2019
Last Prospectus Date 3/1/2020
Share Classes
ABALX A
AFMBX Inst
AMBFX Other
BALCX C
BALFX Other
CLBAX A
CLBCX C
CLBEX Other
CLBFX Other
RLBAX Retirement
RLBBX Retirement
RLBCX Retirement
RLBEX Retirement
RLBFX Retirement
RLBGX Retirement
RLEFX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No