American Funds American Balanced Fund® Class R-2 (RLBBX)
| Fund Assets | 241.03B |
| Expense Ratio | 1.33% |
| Min. Investment | $250 |
| Turnover | 44.00% |
| Dividend (ttm) | 2.39 |
| Dividend Yield | 6.54% |
| Dividend Growth | 347.78% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 36.49 |
| YTD Return | 8.30% |
| 1-Year Return | 10.96% |
| 5-Year Return | 52.62% |
| 52-Week Low | 31.58 |
| 52-Week High | 36.84 |
| Beta (5Y) | n/a |
| Holdings | 3687 |
| Inception Date | May 21, 2002 |
About RLBBX
American Funds American Balanced Fund Class R-2 is a mutual fund that emphasizes a balanced investment strategy, aiming to provide conservation of capital, current income, and long-term capital appreciation. The fund invests primarily in a diversified mix of U.S. stocks and fixed-income securities, typically maintaining a moderate allocation between equities and bonds to manage risk and smooth out volatility. Its portfolio includes large-cap growth companies spanning sectors such as technology, healthcare, and consumer defensives, in addition to U.S. government and corporate bonds. This approach seeks to balance the growth potential of equities with the stability and income from fixed-income assets. The fund is widely used in retirement plans and is often selected by investors seeking a core holding that can serve both growth and income objectives within a single investment vehicle. Managed by multiple experienced portfolio managers, the fund’s track record reflects its dual focus on upside participation and downside risk management, making it a mainstay in the moderate allocation fund category.
Performance
RLBBX had a total return of 10.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.43%.
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
24.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 5.24% |
| Broadcom Inc. | AVGO | 3.29% |
| Microsoft Corporation | MSFT | 2.92% |
| Cap Grp Cent Fd Ser Ii | CCBFX | 2.89% |
| Philip Morris International Inc. | PM | 2.40% |
| Meta Platforms, Inc. | META | 1.65% |
| UnitedHealth Group Incorporated | UNH | 1.65% |
| Alphabet Inc. | GOOG | 1.58% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.57% |
| Amazon.com, Inc. | AMZN | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.240 | Jun 10, 2025 |
| Mar 10, 2025 | $0.0436 | Mar 11, 2025 |
| Dec 16, 2024 | $2.0675 | Dec 17, 2024 |
| Sep 16, 2024 | $0.0423 | Sep 17, 2024 |
| Jun 10, 2024 | $0.0474 | Jun 11, 2024 |
| Mar 11, 2024 | $0.0484 | Mar 12, 2024 |