A balanced approach to growth-and-income investing

An investment program designed for prudent investors

American Balanced Fund®

INCEPTION DATE
July 26, 1975

IMPLEMENTATION
Consider for a U.S. balanced allocation.

OBJECTIVE
Seeks to provide conservation of capital, current income and long-term growth of capital and income.

VEHICLE

American Balanced Fund

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An investment approach designed for prudent investors

A three-pronged approach

American Balanced Fund’s approach offers balance by seeking a mix of high-quality stocks and bonds; diversification by investing in a wide variety of fixed income vehicles and equities; and consistency by seeking to deliver consistent results for both accumulation and withdrawal scenarios.

Identifying potential leaders across sectors and regions

Examples of top 20 equity holdings
in the portfolio

Companies shown are among the top 20 holdings by weight in American Balanced Fund. Example 1: Eli Lilly — Sector: Health care; Domicile: United States; Initiated current position: September 2019; Description: Engages in the discovery, development, manufacture and sale of pharmaceutical products. The firm’s products consist of diabetes, oncology, immunology, neuroscience and other products and therapies. Example 2: Broadcom — Sector: Information technology; Domicile: United States; Initiated current position: March 2013; Description: Global technology company, which designs, develops and supplies semiconductors and infrastructure software solutions. Example 3: Philip Morris — Sector: Consumer staples; Domicile: United States; Initiated current position: June 2008; Description: Multi-national tobacco company committed to delivering a smoke-free future while strategically evolving its long-term portfolio to include products beyond the tobacco and nicotine sectors.

Sources: Morningstar, FactSet, Capital Group. As of December 31, 2025.

Companies shown are among the top 20 equity holdings by weight in American Balanced Fund as of 12/31/25. (Broadcom, Alphabet, Microsoft, Taiwan Semiconductor Manufacturing Co., Philip Morris International, Apple, Meta Platforms, Micron Technology, NVIDIA, SK Hynix, Amazon, British American Tobacco, Eli Lilly, JPMorgan Chase, UnitedHealth Group, Mastercard, General Electric Co., Visa, Vertex Pharmaceuticals, Amgen).

American Balanced Fund

American Balanced Fund is offered in various share classes designed for retirement plans, nonprofits and other institutional and individual investors.

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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 mutual fund prospectuses and/or summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
The return of principal for bond portfolios and portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.
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Portfolios are managed, so holdings will change. Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.