American Funds American Balanced Fund Class A (ABALX)
| Fund Assets | 215.33B |
| Expense Ratio | 0.57% |
| Min. Investment | $250 |
| Turnover | 171.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 2.25% |
| Dividend Growth | 15.47% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 11, 2024 |
| Previous Close | 34.15 |
| YTD Return | 6.76% |
| 1-Year Return | 17.23% |
| 5-Year Return | 49.78% |
| 52-Week Low | 28.83 |
| 52-Week High | 34.15 |
| 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 17.23% in the past year. Since the fund's inception, the average annual return has been 2.85%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCTKX | Fidelity | Fidelity Freedom 2055 Fund - Class K6 | 0.45% |
| FPURX | Fidelity | Fidelity Puritan Fund | 0.51% |
| FSHCX | Fidelity | Fidelity Select Health Care Services Portfolio | 0.68% |
| FDEEX | Fidelity | Fidelity Freedom 2055 Fund | 0.75% |
| FIKGX | Fidelity | Fidelity Advisor Semiconductors Fund - Class Z | 0.62% |
Top 10 Holdings
29.95% of assets| Name | 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 |
|---|---|---|
| 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 |
| Dec 13, 2022 | $0.185 | Dec 14, 2022 |