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American Funds American Balanced Fund Class A (ABALX)

Mutual Fund · Currency in USD · Last updated Jul 2, 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$28.76
Year Range$27.99 - $33.09
EMA (50)$29.59
EMA (200)$30.87

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 on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $29,384 for a total return of roughly 193.84%. All prices are adjusted for splits and dividends.


ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

ABALXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-5.52%-7.43%
6M-13.03%-19.95%
YTD-12.98%-19.74%
1Y-7.91%-10.99%
5Y6.99%9.57%
10Y8.94%10.80%

ABALXMonthly Returns Heatmap


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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 -0.71. 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.


ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

ABALXDividend History

American Funds American Balanced Fund Class A granted a 5.00% 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

5.00%4.35%4.60%4.43%7.11%6.56%5.43%8.03%11.53%2.39%2.90%3.49%3.26%

ABALXDrawdowns Chart

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


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
-15.41%Jan 5, 2022114Jun 17, 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 12.71%. 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.


ABALX (American Funds American Balanced Fund Class A)
Benchmark (^GSPC)

Portfolios with American Funds American Balanced Fund Class A


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