American Funds American Balanced Fund® Class 529-E (CLBEX)
| Fund Assets | 278.96B |
| Expense Ratio | 0.82% |
| Min. Investment | $250 |
| Turnover | 50.00% |
| Dividend (ttm) | 3.00 |
| Dividend Yield | 8.04% |
| Dividend Growth | 26.30% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 37.27 |
| YTD Return | -1.41% |
| 1-Year Return | 15.60% |
| 5-Year Return | 49.24% |
| 52-Week Low | 31.76 |
| 52-Week High | 40.10 |
| Beta (5Y) | n/a |
| Holdings | 4008 |
| Inception Date | Mar 5, 2002 |
About CLBEX
American Funds American Balanced Fund Class 529-E is a balanced mutual fund designed to provide conservation of capital, current income, and long-term growth of capital and income. The fund employs a flexible balanced approach, typically investing between 50% and 75% of its assets in equities—including growth-oriented and dividend-paying stocks—while allocating the remainder to investment-grade bonds and cash equivalents. Its portfolio includes exposure to both U.S. and international securities across various sectors, with significant holdings in technology, financials, and communication services. The fund is managed by a team of experienced equity and fixed-income managers who employ disciplined security selection and portfolio construction processes. As a 529-E share class variant, it is tailored for education savings plans while remaining accessible to individual investors. The fund pays regular income dividends quarterly and capital gains distributions, making it suitable for investors seeking a diversified approach that balances growth potential with income generation and capital preservation.
Performance
CLBEX had a total return of 15.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.55% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% | 0.64% |
Top 10 Holdings
26.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 5.02% |
| Capital Group Central Cash Fund | n/a | 4.20% |
| Microsoft Corporation | MSFT | 3.19% |
| Cap Grp Cent Fd Ser Ii | CCBFX | 2.51% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.31% |
| Alphabet Inc. | GOOG | 2.24% |
| Philip Morris International Inc. | PM | 2.19% |
| Apple Inc. | AAPL | 1.69% |
| Meta Platforms, Inc. | META | 1.65% |
| Alphabet Inc. | GOOGL | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 16, 2026 | $0.0842 | Mar 17, 2026 |
| Dec 15, 2025 | $2.5477 | Dec 16, 2025 |
| Sep 15, 2025 | $0.0833 | Sep 16, 2025 |
| Jun 9, 2025 | $0.2817 | Jun 10, 2025 |
| Mar 10, 2025 | $0.0876 | Mar 11, 2025 |
| Dec 16, 2024 | $2.112 | Dec 17, 2024 |