American Funds American Balanced Fund® Class A ABALX:NASDAQ (Mutual Fund)

LastChange / % ChangeGross Expense RatioMax Sales LoadMax Redemption FeeMax Admin FeeMax Mgmt Fee
26.27 0.10   0.38%0.61%5.75%--0.01%0.42%
Quote data as of 11/14/2014 close | For standardized performance data click on the Performance tab below.

Growth of $10,000 Since November, 2004

The Growth of $10,000 chart includes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales or redemption charges which would lower these figures.

Strategy for American Funds American Balanced Fund® Class A

The investment seeks conservation of capital, current income and long-term growth of capital and income. The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.

Order a Prospectus

Minimums
InitialClosed to new Investors
Additional100.00
IRAClosed to new Investors
Additional IRA100.00
Characteristics
For Sale at Scottrade$Available At Scottrade
Load FundLFLoad Fund - Front Load 5.75%
Availability: Closed to new Investors

Trailing Total Return Performance

Monthly Returns (%)
 YTD1 Mo1 Yr5 Yr10 YrSince Incep
/Date
Load Adjusted Returns0.91-4.384.6911.626.6710.77
7/25/1975
Non-Load Adjusted Returns7.061.4511.0812.957.3010.94
SEC After Tax Pre-Liquidation
10/31/2014
0.38-4.383.9710.88--7.94
SEC After Tax Post-Liquidation
10/31/2014
0.52-2.482.668.93--7.60

Monthly Returns table data is updated each month end. Data as of Month End, October 31, 2014. Returns for periods longer than one year are annualized.

Top 5 equities held by fund
Company% of Hldgs% Short% LongPriceChg %$
Percent of all holdings:12.46% 
Compare these holdings together
MSFT
Microsoft Corp
3.80%
0% Short
3.8% Long
$47.98-1.48%-$0.72
BA
Boeing Co
2.18%
0% Short
2.18% Long
$132.780.82%$1.08
CMCSA
Comcast Corp Class A
2.16%
0% Short
2.16% Long
$54.08-0.55%-$0.30
HD
Home Depot Inc
2.16%
0% Short
2.16% Long
$98.280.73%$0.71
WFC
Wells Fargo & Co
2.16%
0% Short
2.16% Long
$53.810.62%$0.33
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expand, down-facing arrow indicating expanded view of sectionOverview

A table providing an overview of the fund
Net Asset Value26.27
1 Month Non-Load Adjusted Return1.45%
1 Month Load Adjusted Return-4.38%
YTD Performance7.98%
Fund data as of 10/31/2014

collapse, right-facing arrow indicating collapsed view of sectionDistributions

Summary data of the distribution of the assets in the mutual fund
Distribution Yield (TTM)10/31/2014 | 1.47
FrequencyQuarterly
Last Distribution0.0950
Last Distribution Date9/17/2014
Short-Term Capital Gain--
Long-Term Capital Gain--
Capital Gain Distribution Date9/17/2014

collapse, right-facing arrow indicating collapsed view of sectionFund Statistics

A table providing statistics about the fund
Total Net Assets10/31/2014 | 46.1B
Net Expense Ratio0.61%
Portfolio Turnover55.00%
Inception Date7/25/1975
Fund ManagerJohn Smet
Tenure1/1/1997