About BALFX
American Balanced Fund® Class F-1 is a mutual fund that implements a balanced investment strategy, seeking to achieve conservation of capital, current income, and long-term growth of both capital and income. The fund allocates its assets across a diversified mix of common stocks and investment-grade bonds, blending equity growth potential with the income stability of fixed income holdings. Managed by Capital Research and Management Company, the fund emphasizes risk management and long-term stability, appealing to investors who desire both income generation and growth opportunities within a single portfolio. Its equity holdings often include large, established companies such as Broadcom, Microsoft, and Alphabet, alongside significant positions in healthcare, technology, and consumer defensive sectors. The fund also maintains exposure to cash and equivalents, enhancing its flexibility in changing market environments. With a moderate allocation style and below-average expense ratio, American Balanced Fund® Class F-1 plays a prominent role in the market for those seeking a straightforward, income-oriented approach to balanced investing without excessive risk exposure.
Fund Family Capital Group
Category Allocation--50% to 70% Equity
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BALFX
Share Class Class F-1
Index S&P 500 TR
BALFX had a total return of 17.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.88%.
