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American Funds American Balanced Fund Class A (ABALX)

Mutual Fund · Currency in USD · Last updated Nov 25, 2023
Summary

Fund Info

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


0.56%
0.00%2.15%

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.


2,150.00%2,200.00%2,250.00%2,300.00%2,350.00%2,400.00%2,450.00%2,500.00%JuneJulyAugustSeptemberOctoberNovember
2,330.77%
2,459.74%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

American Funds American Balanced Fund Class A

Popular comparisons: ABALX vs. SPY, ABALX vs. AOM, ABALX vs. FBALX, ABALX vs. AGTHX, ABALX vs. AEPGX, ABALX vs. VEMAX, ABALX vs. VSMGX, ABALX vs. VOO, ABALX vs. SCHD, ABALX vs. VASGX

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.


PeriodReturnBenchmark
Year-To-Date8.53%18.75%
1 month6.11%8.90%
6 months4.73%8.42%
1 year6.70%13.21%
5 years (annualized)7.45%11.63%
10 years (annualized)7.37%9.74%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.32%-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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ABALX
American Funds American Balanced Fund Class A
0.81
^GSPC
S&P 500
0.98

Sharpe Ratio

The current American Funds American Balanced Fund Class A Sharpe ratio is 0.81. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.00JuneJulyAugustSeptemberOctoberNovember
0.81
0.98
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-4.75%
-4.95%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

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, 2007354Mar 9, 2009459Dec 31, 2010813
-22.34%Feb 20, 202023Mar 23, 202094Aug 5, 2020117
-21.13%Mar 20, 2002142Oct 9, 2002170Jun 11, 2003312
-20.76%Aug 26, 198778Dec 11, 1987385Jun 2, 1989463
-18.76%Jan 5, 2022186Sep 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%JuneJulyAugustSeptemberOctoberNovember
2.71%
3.39%
ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

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