American Funds American Balanced Fund Class A (ABALX)
Fund Info
| ISIN | US0240711020 |
|---|---|
| CUSIP | 024071102 |
| Issuer | American Funds |
| Inception Date | Jul 26, 1975 |
| Category | Diversified Portfolio |
| ETF Home Page | www.capitalgroup.com |
| Asset Class | Multi-Asset |
Expense Ratio
The American Funds American Balanced Fund Class A has a high expense ratio of 0.56%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in American Funds American Balanced Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
American Funds American Balanced Fund Class A had a return of 8.53% year-to-date (YTD) and 6.70% in the last 12 months. Over the past 10 years, American Funds American Balanced Fund Class A had an annualized return of 7.37%, while the S&P 500 had an annualized return of 9.74%, indicating that American Funds American Balanced Fund Class A did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.53% | 18.75% |
| 1 month | 6.11% | 8.90% |
| 6 months | 4.73% | 8.42% |
| 1 year | 6.70% | 13.21% |
| 5 years (annualized) | 7.45% | 11.63% |
| 10 years (annualized) | 7.37% | 9.74% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.32% | -0.74% | 3.35% | 2.06% | -1.38% | -3.52% | -1.52% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class A (ABALX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ABALX American Funds American Balanced Fund Class A | 0.81 | ||||
^GSPC S&P 500 | 0.98 |
Dividend History
American Funds American Balanced Fund Class A granted a 1.57% dividend yield in the last twelve months. The annual payout for that period amounted to $0.49 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.66 | $1.44 | $1.31 | $1.14 | $1.54 | $1.46 | $1.04 | $1.42 | $2.00 | $0.38 | $0.38 |
Dividend yield | 1.57% | 2.30% | 4.30% | 4.35% | 4.00% | 6.17% | 5.37% | 4.21% | 5.97% | 8.09% | 1.54% | 1.85% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds American Balanced Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | ||
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.96 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.87 |
| 2019 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.75 |
| 2018 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.19 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.06 |
| 2016 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.60 |
| 2015 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.94 |
| 2014 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.60 |
| 2013 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 |
| 2012 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds American Balanced Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds American Balanced Fund Class A was 39.31%, occurring on Mar 9, 2009. Recovery took 459 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.31% | Oct 10, 2007 | 354 | Mar 9, 2009 | 459 | Dec 31, 2010 | 813 |
| -22.34% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -21.13% | Mar 20, 2002 | 142 | Oct 9, 2002 | 170 | Jun 11, 2003 | 312 |
| -20.76% | Aug 26, 1987 | 78 | Dec 11, 1987 | 385 | Jun 2, 1989 | 463 |
| -18.76% | Jan 5, 2022 | 186 | Sep 30, 2022 | — | — | — |
Volatility Chart
The current American Funds American Balanced Fund Class A volatility is 2.71%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.