Investment Fund

Share Class
Purchase Restrictions: Class R-2 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A balanced approach to global growth-and-income investing. This globally diversified balanced fund has the ability to invest between 45% and 75% in equities, with an emphasis on well-established companies. The diversified and predominantly high-quality fixed income portion of the portfolio has the potential to provide income and limit volatility.
Price at NAV $38.20 as of 5/16/2025 (updated daily)
Fund Assets (millions) $25,936.1
Portfolio Managers
5
Expense Ratio
(Gross/Net %)
1.54 / 1.54%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities34.3%
Non-U.S. Equities25.8%
U.S. Bonds15.9%
Non-U.S. Bonds16.7%
Cash & Equivalents
7.2%
As of 4/30/2025 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

86.2%
Large
13.4%
Medium
0.4%
Small
$420,413.00 Million
Weighted Average


As of 3/31/2025 (updated quarterly). FactSet data as of 3/31/2025 (updated quarterly).

Morningstar Ownership ZoneTM

Global Moderate Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/25 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Fund Statistics

6.3 years
Effective Duration
4.9%
Average Yield
to Worst
3.9%
Average Coupon
% of net assets as of 4/30/2025 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 3/31/25 (updated quarterly)

Description

Fund Objective
This fund seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income.
Distinguishing Characteristics
This globally diversified balanced fund has the ability to invest generally between 45% and 75% of its assets in equities, with an emphasis on well-established companies, including those paying dividends and those with attractive growth prospects. The diversified and predominantly high-quality fixed income portion of the portfolio has the potential to provide income and limit volatility.
Types of Investments
The fund normally maintains at least 45% of its assets in common stocks and other equity investments, with a focus on medium- and larger-sized companies. Typically, the fund also invests at least 25% of its assets in investment-grade (BBB/Baa and above) fixed-income securities (or unrated, but determined by the fund’s investment adviser to be of equivalent quality), including government/agency, corporate, mortgage- and asset-backed securities and money market instruments.
Holdings Outside the U.S.
The fund normally invests a significant portion of its assets outside the United States, including in emerging market countries. Under normal market conditions, the fund will invest at least 40% of net assets outside of the U.S. (or at least the level of the MSCI ACWI Index’s ex-U.S. exposure minus 5%, whichever is lower).
Portfolio Restrictions
Most of the fund's fixed-income securities are investment-grade (rated BBB-/Baa3 or better, or unrated but determined to be of equivalent quality by the fund's investment adviser). However, the fund may invest up to 5% of its assets in lower quality, higher yielding debt securities (rated BB+/Ba1 or below, or unrated but determined to be of equivalent quality), including securities convertible into common stocks.

Fund Facts

Fund Inception 2/01/2011
Fund Assets (millions)
As of 4/30/2025
 $25,936.1
Companies/Issuers
Holdings are as of 4/30/2025 (updated monthly).
 438+
Shareholder Accounts
Shareholder accounts are as of 4/30/2025
 1,913
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2024) 114%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02629W 85 8
Fund Number 2237

Returns

Internal Prompt

Month-End Returns as of 4/30/25

Returns at NAV
| With Sales Charge
Read important investment disclosures
RGBBX
Global Balanced Historical Benchmarks Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/25

Internal Prompt

Volatility & Return

Read important investment disclosures
For Class R-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RGBBX
Global Balanced Historical Benchmarks Index
Other AF Funds
Standard Deviation as of 04/30/2025 (updated monthly) . Annualized return as of 04/30/2025 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.24% 1.79%
Fund at MOP N/A N/A
As of 4/30/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.77 10.52 16.20
Global Balanced Historical Benchmarks Index
-- -- --
Fund as of 3/31/25. Index as of --.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alfonso Barroso 12 30 31
Philip Chitty 2 21 30
Andrew A. Cormack 6 6 20
Bradford F. Freer 5 31 34
Winnie Kwan 12 25 30
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(453)
3-yr. Morningstar RatingTM
(453 funds rated)
5-yr. Morningstar RatingTM
(423 funds rated)
10-yr. Morningstar RatingTM
(321 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Global Moderate Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 4/30/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
10.13
Sharpe Ratio
0.25
For the 10 Years ending 4/30/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Global Balanced Historical Benchmarks Index
Morningstar Mod Tgt Risk TR USD
R-squared
92 95
Beta
0.66 0.98
Capture Ratio (Downside/Upside)
68/61 104/92
American Funds Benchmark for the 10 Years ending 4/30/25 (updated monthly).
Morningstar Benchmark for the 10 Years ending 4/30/25 (updated monthly).
U.S. Treasuries/Agencies
19.2%
AAA/Aaa
25.1%
AA/Aa
8.8%
A
22.8%
BBB/Baa
18.0%
BB/Ba
3.9%
B
0.2%
Unrated
2.1%
% of net assets as of 4/30/2025 (updated monthly)

Average Life Breakdown

0-4.9 Years
13.8%
5-9.9 Years
13.7%
10-19.9 Years
1.8%
20-29.9 Years
2.5%
30+ Years
0.2%
% of net assets as of 3/31/2025 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Financials 10.2%
Health care 9.2%
Information technology 8.7%
Industrials 8.1%
Consumer staples 4.9%
Communication services 4.4%
Consumer discretionary 4.0%
Utilities 4.0%
Materials 3.7%
Energy 2.2%
Real estate 0.7%

% of net assets as of 4/30/2025 (updated monthly)

Bonds Breakdown

Top Equities

Microsoft
2.2%
Broadcom
2.0%
Meta Platforms
1.8%
Rtx Corp
1.7%
Alphabet
1.6%
TSMC
1.4%
Sanofi
1.4%
Eli Lilly
1.3%
Philip Morris International
1.2%
Canadian Natural Resources
1.2%

% of net assets as of 4/30/2025 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
50.2%
Europe
22.1%
Asia & Pacific Basin
12.1%
Other (Including Canada & Latin America)
8.3%
Cash & equivalents
7.2%
% of net assets as of 4/30/2025 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
Global Balanced Historical Benchmarks Index
United States 57.1% 63.7%
Canada 3.9% 2.9%
Europe 25.5% 15.6%
Japan 4.1% 5.1%
Asia-Pacific ex. Japan 0.9% 2.4%
Emerging Markets 8.5% 10.4%

% of net assets as of 4/30/2025 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
Global Balanced Historical Benchmarks Index
United States 34.3% 63.7%
Canada 2.3% 2.9%
Europe 15.3% 15.6%
Japan 2.5% 5.1%
Asia-Pacific ex. Japan 0.5% 2.4%
Emerging Markets 5.1% 10.4%
Cash & Equivalents
7.3% --
Fixed Income 32.6% --

% of net assets as of 4/30/2025 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2025

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 05/16/25

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/21/25 03/21/25 03/24/25 $0.1111 $0.00 $0.00 $0.00 $37.31
2025 Year-to-Date: Dividends Subtotal: $0.1111 Cap Gains Subtotal: $0.00
Total Distributions: $0.1111

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.43%
Other Expenses 0.36%
Service 12b-1 0.75%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RGBBX 1.54%
Lipper Flexible Portfolio Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).