American Funds American Balanced Fund Class C (BALCX)
Fund Info
US0240713000
024071300
Jul 26, 1975
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds American Balanced Fund Class C, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds American Balanced Fund Class C had a return of 14.21% year-to-date (YTD) and 19.92% in the last 12 months. Over the past 10 years, American Funds American Balanced Fund Class C had an annualized return of 7.38%, while the S&P 500 had an annualized return of 11.16%, indicating that American Funds American Balanced Fund Class C did not perform as well as the benchmark.
BALCX
14.21%
-0.19%
8.11%
19.92%
7.90%
7.38%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of BALCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.66% | 2.54% | 2.69% | -3.30% | 2.89% | 2.75% | 1.78% | 1.63% | 1.68% | -1.17% | 14.21% | ||
| 2023 | 3.96% | -3.34% | 2.08% | 1.27% | -0.81% | 3.29% | 1.98% | -1.42% | -3.58% | -1.60% | 6.59% | 4.56% | 13.12% |
| 2022 | -3.40% | -1.56% | 0.73% | -5.57% | 1.53% | -6.22% | 4.44% | -3.14% | -7.17% | 5.15% | 5.51% | -2.78% | -12.77% |
| 2021 | -0.73% | 1.44% | 2.83% | 2.87% | 1.76% | 0.51% | 1.11% | 1.37% | -3.20% | 3.67% | -1.02% | 3.56% | 14.87% |
| 2020 | -0.25% | -3.83% | -8.08% | 7.79% | 2.64% | 0.98% | 3.33% | 2.31% | -1.69% | -1.85% | 6.89% | 2.44% | 10.06% |
| 2019 | 4.69% | 1.31% | 1.53% | 1.99% | -3.58% | 4.35% | 0.59% | -0.18% | 0.84% | 1.60% | 2.04% | 1.96% | 18.27% |
| 2018 | 3.15% | -3.34% | -1.13% | 0.26% | 1.09% | 0.57% | 2.08% | 0.80% | 0.17% | -4.14% | 1.84% | -4.50% | -3.46% |
| 2017 | 1.74% | 2.07% | 0.19% | 0.90% | 1.32% | -0.10% | 1.81% | 0.45% | 1.08% | 1.56% | 1.36% | 1.29% | 14.55% |
| 2016 | -2.57% | -0.04% | 4.27% | 1.17% | 0.41% | 1.30% | 1.59% | -0.08% | -0.03% | -0.93% | 1.46% | 1.02% | 7.67% |
| 2015 | -1.42% | 3.54% | -1.29% | 1.02% | 0.28% | -1.80% | 1.80% | -4.42% | -1.09% | 5.79% | 0.24% | -1.14% | 1.12% |
| 2014 | -2.35% | 2.99% | 0.95% | 0.41% | 1.58% | 1.10% | -1.62% | 3.18% | -1.08% | 1.38% | 1.99% | 0.05% | 8.76% |
| 2013 | 3.50% | 0.67% | 2.33% | 2.13% | 1.50% | -1.61% | 3.09% | -2.60% | 3.17% | 3.43% | 2.08% | 1.49% | 20.71% |
Expense Ratio
BALCX has a high expense ratio of 1.31%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BALCX is 82, placing it in the top 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds American Balanced Fund Class C (BALCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds American Balanced Fund Class C provided a 1.49% dividend yield over the last twelve months, with an annual payout of $0.54 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.54 | $0.53 | $0.26 | $0.16 | $0.19 | $0.34 | $0.31 | $0.28 | $0.25 | $0.35 | $1.70 | $0.20 |
Dividend yield | 1.49% | 1.67% | 0.91% | 0.48% | 0.63% | 1.20% | 1.25% | 1.02% | 1.02% | 1.46% | 6.92% | 0.82% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds American Balanced Fund Class C. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.14 | |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.40 | $0.53 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.26 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.19 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.17 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.25 |
| 2015 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.35 |
| 2014 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $1.49 | $1.70 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds American Balanced Fund Class C. 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 C was 40.25%, occurring on Mar 9, 2009. Recovery took 484 trading sessions.
The current American Funds American Balanced Fund Class C drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.25% | Oct 10, 2007 | 354 | Mar 9, 2009 | 484 | Feb 7, 2011 | 838 |
| -22.38% | Feb 20, 2020 | 23 | Mar 23, 2020 | 96 | Aug 7, 2020 | 119 |
| -21.5% | Mar 20, 2002 | 142 | Oct 9, 2002 | 173 | Jun 16, 2003 | 315 |
| -19.22% | Jan 5, 2022 | 196 | Oct 14, 2022 | 325 | Feb 1, 2024 | 521 |
| -11.87% | May 3, 2011 | 107 | Oct 3, 2011 | 74 | Jan 19, 2012 | 181 |
Volatility
Volatility Chart
The current American Funds American Balanced Fund Class C volatility is 2.41%, 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.