Investment Fund

Share Class
Purchase Restrictions: Class F-3 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A balanced approach to growth-and-income investing. With a diversified portfolio of quality stocks and bonds, this balanced strategy invests between 50% and 75% in equities, with flexible exposure to growth-oriented and dividend-paying stocks. The fixed income portion generally invests in investment-grade bonds, providing diversification from equities.
Price at NAV $33.95 as of 5/24/2024 (updated daily)
Fund Assets (millions) $215,314.9
Portfolio Managers
14
Expense Ratio
(Gross/Net %)
0.25 / 0.25%

Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities56.4%
Non-U.S. Equities7.6%
U.S. Bonds27.6%
Non-U.S. Bonds3.2%
Cash & Equivalents
5.1%
As of 4/30/2024 (updated monthly)

Growth of 10K

Read important investment disclosures
For Class F-3 Shares, this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or since inception date if the fund has been in existence under 20 years, through 12/31/2023.
AFMBX
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index

High & Low Prices

Market Capitalization

82.9%
Large
16.1%
Medium
1.0%
Small
$209,217.63 Million
Weighted Average


As of 3/31/2024 (updated quarterly). Morningstar data as of 3/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM

Moderate Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/24 (updated quarterly)

Fund Statistics

6.3 years
Effective Duration
5.7%
Average Yield
to Worst
4.1%
Average Coupon
% of net assets as of 4/30/2024 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

High Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 3/31/24 (updated quarterly)

Description

Fund Objective
The investment objectives of the fund are: (1) conservation of capital, (2) current income and (3) long-term growth of capital and income.
Distinguishing Characteristics
With a diversified portfolio of quality stocks and bonds, this balanced fund generally invests between 50% and 75% of its assets in equities, with flexible exposure to growth-oriented and dividend-paying stocks. The fixed income portion of the portfolio, which generally invests in investment-grade bonds, provides diversification from equities. This approach has the potential to provide consistent results, and to limit volatility.
Types of Investments
Common stocks and preferred stocks, bonds, convertibles and cash.
Holdings Outside the U.S.
The fund may invest up to 20% of its assets in securities of issuers domiciled outside the United States.
Portfolio Restrictions
May not invest more than 75% of assets in common stocks. All of the fund's fixed-income investments must be investment-grade at the time of purchase.

Fund Facts

Fund Inception 7/26/1975
Fund Assets (millions)
As of 4/30/2024
$215,314.9
Companies/Issuers
Holdings are as of 4/30/2024 (updated monthly).
952+
Shareholder Accounts
Shareholder accounts are as of 4/30/2024
566,737
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2023) 171%
Fiscal Year-End Dec
Prospectus Date 03/01/2024
CUSIP 024071 77 1
Fund Number 711

Returns

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Month-End Returns as of 4/30/24

Quarter-End Returns as of 3/31/24

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Volatility & Return

Read important investment disclosures
For Class F-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
AFMBX
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 04/30/2024 (updated monthly) . Annualized return as of 04/30/2024 (updated monthly) .
VIEW LARGER CHART
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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.64% 2.80%
Fund at MOP N/A N/A
As of 4/30/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.81 13.67 19.48
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
4.10 15.00 21.80
Fund as of 3/31/24. Index as of 3/31/24.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Hilda L. Applbaum 25 29 40
Pramod Atluri 6 8 20
Paul Benjamin 10 18
Alan N. Berro 18 33 38
Mark L. Casey 4 23
Mathews Cherian 2 20 27
Irfan M. Furniturewala 0 23
Jeffrey T. Lager 13 27
Jin Lee 6 27 28
Anne-Marie Peterson 8 19 29
Chitrang Purani 1 2 20
John R. Queen 8 22 34
Ritchie Tuazon 4 13 24
Alan J. Wilson 8 33
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(684)
3-yr. Morningstar RatingTM
(684 funds rated)
5-yr. Morningstar RatingTM
(645 funds rated)
10-yr. Morningstar RatingTM
(490 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Moderate Allocation
Ratings are based on risk-adjusted returns as of 4/30/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
9.71
Sharpe Ratio
0.67
For the 10 Years ending 4/30/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared 96 95
Beta 0.95 0.95
Capture Ratio (Downside/Upside) 98/98 90/108
American Funds Benchmark for the 10 Years ending 4/30/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 4/30/24 (updated monthly).
U.S. Treasuries/Agencies
16.3%
AAA/Aaa
45.5%
AA/Aa
5.3%
A
18.1%
BBB/Baa
13.8%
Unrated
1.0%
% of net assets as of 4/30/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
11.4%
5-9.9 Years
15.5%
10-19.9 Years
2.0%
20-29.9 Years
1.4%
30+ Years
0.1%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 14.7%
Health care 8.9%
Financials 7.9%
Industrials 7.3%
Communication services 6.3%
Consumer staples 5.6%
Consumer discretionary 4.4%
Energy 4.1%
Materials 2.3%
Utilities 1.6%
Real estate 1.0%

% of net assets as of 4/30/2024 (updated monthly)

Bonds Breakdown

Top Equities

Broadcom
4.5%
Microsoft
4.3%
Alphabet
2.4%
Philip Morris International
1.8%
UnitedHealth Group
1.7%
Meta Platforms
1.7%
Eli Lilly
1.6%
TSMC
1.5%
JPMorgan Chase
1.3%
Canadian Natural Resources
1.1%

% of net assets as of 4/30/2024 (updated monthly)

Geographic Breakdown

United States
84.0%
Europe
4.7%
Asia & Pacific Basin
2.6%
Other (Including Canada & Latin America)
3.6%
Cash & equivalents
5.1%
% of net assets as of 4/30/2024 (updated monthly)

The New Geography of Investing ®

Regions Fund
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 88.1% --
Canada 4.1% --
Europe 4.2% --
Japan 0.2% --
Emerging Markets 3.3% --

% of net assets as of 4/30/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 56.4% --
Canada 2.7% --
Europe 2.7% --
Japan 0.1% --
Emerging Markets 2.1% --
Cash & Equivalents
5.1% --
Fixed Income 30.8% --

% of net assets as of 4/30/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 05/24/24

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/11/24 03/11/24 03/12/24 $0.1359 $0.00 $0.00 $0.00 $33.29
2024 Year-to-Date: Dividends Subtotal: $0.1359 Cap Gains Subtotal: $0.00
Total Distributions: $0.1359

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.21%
Other Expenses 0.04%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

AFMBX 0.25%
Lipper Balanced Funds Average
0.84%
Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly).

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