American Funds American Balanced Fund Class A (ABALX)
Fund Assets | 221.29B |
Expense Ratio | 0.57% |
Min. Investment | $250 |
Turnover | 171.00% |
Dividend (ttm) | 0.78 |
Dividend Yield | 2.22% |
Dividend Growth | 59.79% |
Payout Frequency | Quarterly |
Ex-Dividend Date | Jun 10, 2024 |
Previous Close | 34.68 |
YTD Return | 9.12% |
1-Year Return | 16.06% |
5-Year Return | 48.56% |
52-Week Low | 28.83 |
52-Week High | 34.83 |
Beta (5Y) | 0.95 |
Holdings | 2757 |
Inception Date | Jul 25, 1975 |
About ABALX
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.
Performance
ABALX had a total return of 16.06% in the past year. Since the fund's inception, the average annual return has been 2.89%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Symbol | Provider | Name | Expense Ratio |
---|---|---|---|
SWHGX | Schwab | Schwab MarketTrack Growth Portfolio™ | 0.50% |
FCASX | Fidelity | Fidelity Advisor Asset Manager 70% - Class C | 1.73% |
FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.98% |
FASGX | Fidelity | Fidelity Asset Manager 70% Fund | 0.68% |
FBALX | Fidelity | Fidelity Balanced Fund | 0.51% |
Top 10 Holdings
29.95% of assetsName | Symbol | Weight |
---|---|---|
Capital Group Central Cash Fund | n/a | 8.66% |
Microsoft Corporation | MSFT | 4.55% |
Broadcom Inc. | AVGO | 4.43% |
Cap Grp Cent Fd Ser Ii | CCBFX | 2.97% |
Meta Platforms, Inc. | META | 1.70% |
UnitedHealth Group Incorporated | UNH | 1.67% |
Philip Morris International Inc. | PM | 1.65% |
Eli Lilly and Company | LLY | 1.53% |
The Home Depot, Inc. | HD | 1.39% |
Alphabet Inc. | GOOG | 1.39% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 10, 2024 | $0.110 | Jun 11, 2024 |
Mar 11, 2024 | $0.110 | Mar 12, 2024 |
Dec 12, 2023 | $0.455 | Dec 13, 2023 |
Sep 11, 2023 | $0.100 | Sep 12, 2023 |
Jun 12, 2023 | $0.100 | Jun 13, 2023 |
Mar 13, 2023 | $0.100 | Mar 14, 2023 |