American Balanced Fund - R-3 | American Funds

Select your location

Who are you ?

Select another location

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Wer bist du ?

Wählen Sie einen anderen Ort

Qui êtes vous ?

Sélectionnez un autre emplacement

Who are you ?

Select another location

Who are you ?

RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

BALANCED FUNDS

®

Share Class
Purchase Restrictions: Class R-3 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.
Notice: Effective March 1, 2020, the fund’s primary benchmark is 60%/40% S&P 500 Index/Bloomberg Barclays U.S. Aggregate Index.

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 $28.59 as of 7/01/2022 (updated daily)
Fund Assets (millions) $206,904.0
Portfolio Managers
10
Expense Ratio
0.89%

Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities54.5%
Non-U.S. Equities8.5%
U.S. Bonds28.6%
Non-U.S. Bonds3.6%
Cash & Equivalents
4.8%
U.S. Equities54.5%
Non-U.S. Equities8.5%
U.S. Bonds28.6%
Non-U.S. Bonds3.6%
Cash & Equivalents
4.8%
As of 5/31/2022 (updated monthly)

Growth of 10K

High & Low Prices

Market Capitalization

84.7%
Large
15.0%
Medium
0.4%
Small
$149,382.48 Million
Weighted Average


As of 3/31/2022 (updated quarterly). Morningstar data as of 3/31/2022 (updated quarterly).

Morningstar Ownership ZoneTM

Allocation--50% to 70% Equity
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/22 (updated quarterly)

Fund Statistics

7.2 years
Effective Duration
2.5%
Average Yield
to Worst
2.2%
Average Coupon
% of net assets as of 3/31/2022 (updated quarterly)

Morningstar Style BoxTM— Fixed-Income

High Quality
Moderate Interest-Rate Sensitivity
Morningstar data as } of 3/31/22 (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 5/31/2022
$206,904.0
Companies/Issuers
Holdings are as of 3/31/2022 (updated quarterly).
720+
Shareholder Accounts
Shareholder accounts are as of 5/31/2022
28,717
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2021) 158%
Fiscal Year-End Dec
Prospectus Date 03/01/2022
CUSIP 024071 85 4
Fund Number 2311

Returns

Internal Prompt

Month-End Returns as of 5/31/22

Quarter-End Returns as of 3/31/22

Internal Prompt

Volatility & Return

Read important investment disclosures
For Class R-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RLBCX
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 05/31/2022 (updated monthly) . Annualized return as of 05/31/2022 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 0.91% 1.75%
Fund at MOP N/A N/A
As of 5/31/2022 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.23 10.79 16.01
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
3.80 13.10 20.00
Fund as of 3/31/22. Index as of 3/31/22.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Hilda L. Applbaum 23 27 35
Pramod Atluri 4 6 24
Paul Benjamin 8 17
Alan N. Berro 16 31 36
Mark L. Casey 2 22
Jeffrey T. Lager 11 25 27
Anne-Marie Peterson 6 17 28
John R. Queen 6 20 32
Ritchie Tuazon 2 11 22
Alan J. Wilson 6 31 37
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(706)
3-yr. Morningstar RatingTM
(706 funds rated)
5-yr. Morningstar RatingTM
(645 funds rated)
10-yr. Morningstar RatingTM
(475 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Allocation--50% to 70% Equity
Ratings are based on risk-adjusted returns as of 5/31/2022 (updated monthly).

Risk Measures

Fund
Standard Deviation
8.27
Sharpe Ratio
1.05
For the 10 Years ending 5/31/22 (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 95 93
Beta 0.99 0.97
Capture Ratio (Downside/Upside) 105/100 93/110
American Funds Benchmark for the 10 Years ending 3/31/22 (updated quarterly).
Morningstar Benchmark for the 10 Years ending 5/31/22 (updated monthly).
U.S. Treasuries/Agencies
41.5%
AAA/Aaa
19.0%
AA/Aa
5.1%
A
13.2%
BBB/Baa
19.8%
BB/Ba
0.2%
Unrated
1.3%
% of net assets as of 3/31/2022 (updated quarterly)

Average Life Breakdown

0-4.9 Years
13.5%
5-9.9 Years
11.8%
10-19.9 Years
2.7%
20-29.9 Years
4.1%
30+ Years
0.2%
% of net assets as of 3/31/2022 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 14.2%
Health care 9.6%
Financials 7.3%
Consumer discretionary 5.7%
Communication services 5.5%
Consumer staples 5.5%
Industrials 5.2%
Energy 4.7%
Materials 3.0%
Real estate 2.2%
Utilities 0.7%

% of net assets as of 3/31/2022 (updated quarterly)

Bonds Breakdown

Top Equities

Microsoft
3.7%
Broadcom
2.8%
UnitedHealth Group
2.4%
Philip Morris International
2.1%
Pfizer
1.5%
Home Depot
1.3%
Alphabet
1.3%
TSMC
1.2%
Comcast
1.1%
Canadian Natural Resources
1.1%

% of net assets as of 5/31/2022 (updated monthly)

Geographic Breakdown

United States
83.1%
Europe
5.9%
Asia & Pacific Basin
2.8%
Other (Including Canada & Latin America)
4.1%
Cash & equivalents
4.1%
% of net assets as of 3/31/2022 (updated quarterly)

The New Geography of Investing ®

Regions Fund
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 85.8% 100.0%
Canada 3.8% 0.0%
Europe 6.3% 0.0%
Japan 0.3% 0.0%
Asia-Pacific ex. Japan 0.0% 0.0%
Emerging Markets 3.7% 0.0%

% of net assets as of 3/31/2022 (updated quarterly)

Fund Breakdown by Domicile

Regions Fund
60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 54.5% 100.0%
Canada 2.4% 0.0%
Europe 4.0% 0.0%
Japan 0.2% 0.0%
Asia-Pacific ex. Japan 0.0% 0.0%
Emerging Markets 2.3% 0.0%
Cash & Equivalents
4.1% --
Fixed Income 32.4% --

% of net assets as of 3/31/2022 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 07/01/22

2022
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/14/22 03/14/22 03/15/22 $0.0715 $0.00 $0.00 $0.00 $30.61
06/13/22 06/13/22 06/14/22 $0.0743 $0.00 $0.1775 $0.00 $28.31
2022 Year-to-Date: Dividends Subtotal: $0.1458 Cap Gains Subtotal: $0.1775
Total Distributions: $0.3233

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.21%
Other Expenses 0.18%
Service 12b-1 0.50%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RLBCX 0.89%
Lipper Balanced Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for RLBCX