American Funds American Balanced Fund (FBONX)
| Fund Assets | 251.11B |
| Expense Ratio | 0.30% |
| Min. Investment | $250 |
| Turnover | 44.00% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 7.41% |
| Dividend Growth | 221.15% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 36.87 |
| YTD Return | 9.07% |
| 1-Year Return | 13.90% |
| 5-Year Return | n/a |
| 52-Week Low | 31.84 |
| 52-Week High | 37.20 |
| Beta (5Y) | n/a |
| Holdings | 3813 |
| Inception Date | Oct 30, 2020 |
About FBONX
American Funds American Balanced Fund 529-F-3 is a balanced mutual fund designed to provide a blend of capital conservation, current income, and long-term growth of both capital and income. The fund employs a diversified investment strategy, allocating its assets across a mix of common stocks and investment-grade bonds, including securities issued or guaranteed by the U.S. government. This balanced approach typically maintains an equity exposure between 50% and 70%, which helps mitigate volatility while capturing growth potential from the stock market. Key sectors represented in the portfolio include information technology, industrials, financials, and health care, offering broad market exposure. The fund is suitable for long-term investors seeking a moderate risk profile and steady returns. It regularly distributes dividends on a quarterly basis and is managed to support objectives like retirement savings and education funding, as evidenced by its inclusion in the 529 plan share class. With a substantial asset base and a competitive expense ratio, it plays a significant role in the market as a core holding for investors seeking disciplined diversification and stability in their investment portfolios.
Performance
FBONX had a total return of 13.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.23%.
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 | $0.3264 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1326 | Mar 11, 2025 |
| Dec 16, 2024 | $2.1622 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1327 | Sep 17, 2024 |
| Jun 10, 2024 | $0.131 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1312 | Mar 12, 2024 |