American Funds American Balanced 529F (CLBFX)
| Fund Assets | 252.96B |
| Expense Ratio | 0.68% |
| Min. Investment | $250 |
| Turnover | 44.00% |
| Dividend (ttm) | 2.71 |
| Dividend Yield | 7.24% |
| Dividend Growth | 231.17% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 37.03 |
| YTD Return | 10.58% |
| 1-Year Return | 15.58% |
| 5-Year Return | 58.10% |
| 52-Week Low | 31.73 |
| 52-Week High | 37.44 |
| Beta (5Y) | n/a |
| Holdings | 3813 |
| Inception Date | Sep 17, 2002 |
About CLBFX
American Balanced Fund 529-F-1 is a mutual fund designed to deliver a combination of capital preservation, current income, and long-term capital growth. It employs a balanced investment strategy by diversifying across a wide array of asset classes—including common stocks and investment-grade bonds—while also allocating assets to securities issued and guaranteed by the U.S. government and federal agencies. The fund typically maintains at least 50% of its assets in equities and a minimum of 25% in debt securities, including money market instruments, providing a dynamic blend of growth and income potential. This fund is managed using a multi-manager approach, where its portfolio is segmented and overseen by different experienced managers, leveraging complementary investment perspectives to enhance decision-making. American Balanced Fund 529-F-1 targets medium to large-capitalization companies but is not restricted by market cap or geography, occasionally including international holdings. It is structured to suit investors seeking a core holding with exposure to both stock market appreciation and steady bond income, reflecting its significant role as part of the allocation category in mixed-asset portfolios.
Performance
CLBFX had a total return of 15.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.64%.
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 | 0.56% |
| 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% Fund | 0.64% |
Top 10 Holdings
26.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 4.76% |
| Capital Group Central Cash Fund | n/a | 4.25% |
| Microsoft Corporation | MSFT | 3.60% |
| Cap Grp Cent Fd Ser Ii | CCBFX | 2.60% |
| Philip Morris International Inc. | PM | 2.50% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.14% |
| Meta Platforms, Inc. | META | 2.00% |
| NVIDIA Corporation | NVDA | 1.63% |
| Alphabet Inc. | GOOG | 1.57% |
| Amazon.com, Inc. | AMZN | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.3172 | Jun 10, 2025 |
| Mar 10, 2025 | $0.120 | Mar 11, 2025 |
| Dec 16, 2024 | $2.151 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1218 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1218 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1211 | Mar 12, 2024 |