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American Funds American Balanced Fund Class A (ABALX)

Mutual Fund · Currency in USD · Last updated Dec 3, 2022

Fund Info

ISINUS0240711020
CUSIP024071102
IssuerAmerican Funds
Inception DateJul 26, 1975
CategoryDiversified Portfolio
Expense Ratio0.56%
ETF Home Pagewww.capitalgroup.com
Asset ClassMulti-Asset

Trading Data

Previous Close$29.88
Year Range$26.79 - $32.98
EMA (50)$28.63
EMA (200)$29.56

ABALXShare Price Chart


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ABALXPerformance

The chart shows the growth of $10,000 invested in American Funds American Balanced Fund Class A in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $30,633 for a total return of roughly 206.33%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
-1.06%
-1.21%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

ABALXCompare to other instruments

Search for stocks, ETFs, and funds to compare with ABALX

ABALXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M6.07%5.59%
6M-1.86%-2.52%
YTD-9.28%-14.57%
1Y-5.62%-9.78%
5Y6.46%9.04%
10Y8.89%11.20%

ABALXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.35%-1.48%0.79%-5.53%1.59%-6.15%4.52%-3.08%-7.11%5.19%5.61%0.40%
2021-0.66%1.53%2.86%2.95%1.80%0.60%1.13%1.48%-3.14%3.71%-0.95%3.63%
2020-0.18%-3.80%-8.01%7.81%2.70%1.08%3.38%2.40%-1.63%-1.80%6.95%2.51%
20194.78%1.38%1.59%2.05%-3.51%4.40%0.66%-0.11%0.91%1.63%2.14%2.03%
20183.20%-3.28%-1.04%0.34%1.12%0.65%2.17%0.83%0.25%-4.08%1.90%-4.46%
20171.81%2.10%0.27%0.97%1.38%-0.05%1.91%0.49%1.16%1.63%1.46%1.33%
2016-2.48%-0.00%4.35%1.24%0.45%1.36%1.70%0.00%0.00%-0.84%1.54%1.08%
2015-1.33%3.60%-1.02%1.09%0.32%-1.76%1.87%-4.36%-1.01%5.85%0.36%-1.14%
2014-2.33%3.10%1.18%0.49%1.65%1.17%-1.54%3.24%-1.03%1.45%2.05%0.31%
20133.58%0.71%2.42%2.21%1.58%-1.58%3.17%-2.50%3.22%3.50%2.12%1.60%
20123.62%2.91%1.93%0.15%-4.46%3.49%1.54%1.27%1.83%-0.44%0.79%0.95%
20112.01%2.30%0.21%2.20%-0.58%-0.99%-0.59%-3.23%-4.92%7.54%-0.44%0.77%
2010-2.26%1.75%3.56%1.13%-5.47%-2.56%5.40%-1.89%5.66%2.90%-0.92%4.52%

ABALXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Funds American Balanced Fund Class A Sharpe ratio is -0.45. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovemberDecember
-0.45
-0.46
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

ABALXDividend History

American Funds American Balanced Fund Class A granted a 4.81% dividend yield in the last twelve months. The annual payout for that period amounted to $1.44 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$1.44$1.44$1.31$1.14$1.54$1.46$1.04$1.42$2.00$0.38$0.38$0.40$0.36

Dividend yield

4.81%4.37%4.62%4.44%7.13%6.59%5.45%8.06%11.57%2.39%2.91%3.50%3.27%

ABALXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-9.39%
-15.11%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

ABALXWorst Drawdowns

The table below shows the maximum drawdowns of the American Funds American Balanced Fund Class A. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Funds American Balanced Fund Class A is 22.34%, recorded on Mar 23, 2020. It took 94 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.34%Feb 20, 202023Mar 23, 202094Aug 5, 2020117
-18.76%Jan 5, 2022186Sep 30, 2022
-11.67%Jul 8, 201161Oct 3, 201173Jan 18, 2012134
-10.51%Sep 24, 201864Dec 24, 201856Mar 18, 2019120
-9.32%Apr 26, 201049Jul 2, 201065Oct 5, 2010114
-7.9%May 22, 201566Aug 25, 201545Oct 28, 2015111
-7.43%Dec 2, 201549Feb 11, 201634Apr 1, 201683
-6.5%Jan 29, 20189Feb 8, 2018140Aug 29, 2018149
-6.46%Apr 3, 201243Jun 4, 201237Jul 27, 201280
-5.32%Dec 23, 20142Dec 24, 20141Dec 26, 20143

ABALXVolatility Chart

Current American Funds American Balanced Fund Class A volatility is 12.09%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
12.09%
20.47%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)