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American Funds American Balanced Fund Class C (BALCX)

Mutual Fund · Currency in USD · Last updated Mar 23, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in American Funds American Balanced Fund Class C in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $39,108 for a total return of roughly 291.08%. All prices are adjusted for splits and dividends.


220.00%240.00%260.00%280.00%300.00%NovemberDecember2023FebruaryMarch
291.08%
241.21%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

S&P 500

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Popular comparisons: BALCX vs. AOM

Return

American Funds American Balanced Fund Class C had a return of 0.23% year-to-date (YTD) and -8.40% in the last 12 months. Over the past 10 years, American Funds American Balanced Fund Class C had an annualized return of 6.92%, while the S&P 500 had an annualized return of 9.73%, indicating that American Funds American Balanced Fund Class C did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-2.17%-3.48%
Year-To-Date0.23%2.54%
6 months2.62%2.10%
1 year-8.40%-11.75%
5 years (annualized)5.16%8.30%
10 years (annualized)6.92%9.73%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.96%-3.34%
2022-7.17%5.15%5.51%-2.78%

Sharpe 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 C Sharpe ratio is -0.60. 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.


-1.20-1.00-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.60
-0.50
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

Dividend History

American Funds American Balanced Fund Class C granted a 1.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.48$0.44$1.20$1.10$0.93$1.32$1.25$0.86$1.18$1.70$0.20$0.22

Dividend yield

1.69%1.53%3.66%3.88%3.61%6.06%5.52%4.34%6.44%9.39%1.20%1.60%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.04$0.00$0.00$0.22$0.00$0.00$0.05$0.00$0.00$0.13
2021$0.00$0.00$0.04$0.00$0.00$0.22$0.00$0.00$0.04$0.00$0.00$0.90
2020$0.00$0.00$0.05$0.00$0.00$0.20$0.00$0.00$0.05$0.00$0.00$0.81
2019$0.00$0.00$0.05$0.00$0.00$0.13$0.00$0.00$0.05$0.00$0.00$0.70
2018$0.00$0.00$0.05$0.00$0.00$0.09$0.00$0.00$0.05$0.00$0.00$1.14
2017$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.05$0.00$0.00$1.01
2016$0.00$0.00$0.05$0.00$0.00$0.20$0.00$0.00$0.05$0.00$0.00$0.55
2015$0.00$0.00$0.19$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.89
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
2013$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.05
2012$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.05

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-12.67%
-17.92%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds American Balanced Fund Class C. 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 C is 40.25%, recorded on Mar 9, 2009. It took 484 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.25%Oct 10, 2007354Mar 9, 2009484Feb 7, 2011838
-22.38%Feb 20, 202023Mar 23, 202096Aug 7, 2020119
-21.5%Mar 20, 2002142Oct 9, 2002173Jun 16, 2003315
-19.22%Jan 5, 2022186Sep 30, 2022
-11.87%May 3, 2011107Oct 3, 201174Jan 19, 2012181
-10.78%Aug 27, 200115Sep 21, 200169Dec 28, 200184
-10.75%Jan 29, 2018229Dec 24, 201859Mar 21, 2019288
-8.13%May 22, 201566Aug 25, 201549Nov 3, 2015115
-7.59%Dec 2, 201549Feb 11, 201641Apr 12, 201690
-6.59%Apr 3, 201243Jun 4, 201242Aug 3, 201285

Volatility Chart

Current American Funds American Balanced Fund Class C volatility is 7.93%. 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%NovemberDecember2023FebruaryMarch
7.93%
21.56%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)