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American Funds American Balanced Fund Class C (BALCX)

Mutual Fund · Currency in USD · Last updated Aug 11, 2022

Fund Info

ISINUS0240713000
CUSIP024071300
IssuerAmerican Funds
Inception DateJul 26, 1975
CategoryDiversified Portfolio
Expense Ratio1.31%
ETF Home Pagewww.capitalgroup.com
Asset ClassMulti-Asset

Trading Data

Previous Close$29.83
Year Range$27.79 - $32.97
EMA (50)$29.21
EMA (200)$30.38

BALCXShare Price Chart


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BALCXPerformance

The chart shows the growth of $10,000 invested in American Funds American Balanced Fund Class C in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $27,684 for a total return of roughly 176.84%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-5.15%
-4.72%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

BALCXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.37%7.97%
6M-5.95%-6.88%
YTD-9.41%-11.66%
1Y-5.59%-5.01%
5Y6.87%11.56%
10Y8.26%11.62%

BALCXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.40%-1.56%0.73%-5.57%1.53%-6.22%4.44%0.71%
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%
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%
20194.69%1.31%1.53%1.99%-3.58%4.35%0.59%-0.18%0.84%1.60%2.04%1.96%
20183.15%-3.34%-1.13%0.26%1.09%0.57%2.08%0.80%0.17%-4.14%1.84%-4.50%
20171.74%2.07%0.19%0.90%1.32%-0.10%1.81%0.45%1.08%1.56%1.36%1.29%
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%
2015-1.42%3.54%-1.29%1.02%0.28%-1.80%1.80%-4.42%-1.09%5.79%0.24%-1.13%
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%
20133.50%0.67%2.33%2.13%1.50%-1.61%3.09%-2.60%3.17%3.43%2.09%1.49%
20123.59%2.82%1.84%0.10%-4.53%3.46%1.45%1.22%1.74%-0.50%0.75%0.86%
20111.90%2.31%0.13%2.10%-0.63%-1.04%-0.70%-3.25%-4.98%7.46%-0.50%0.68%
2010-2.33%1.63%3.57%1.08%-5.56%-2.65%5.36%-1.96%5.61%2.79%-0.98%4.46%

BALCXSharpe 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 -0.50. 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.


-1.00-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.50
-0.25
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

BALCXDividend History

American Funds American Balanced Fund Class C granted a 4.01% dividend yield in the last twelve months. The annual payout for that period amounted to $1.20 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$1.20$1.20$1.10$0.93$1.32$1.25$0.86$1.18$1.70$0.20$0.22$0.25$0.22

Dividend yield

4.01%3.63%3.85%3.59%6.01%5.48%4.31%6.39%9.32%1.19%1.59%2.05%1.87%

BALCXDrawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-9.52%
-12.22%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)

BALCXWorst 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 22.38%, recorded on Mar 23, 2020. It took 96 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.38%Feb 20, 202023Mar 23, 202096Aug 7, 2020119
-15.7%Jan 5, 2022114Jun 17, 2022
-11.87%May 3, 2011107Oct 3, 201174Jan 19, 2012181
-10.75%Jan 29, 2018229Dec 24, 201859Mar 21, 2019288
-9.44%Apr 26, 201049Jul 2, 201065Oct 5, 2010114
-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
-5.35%Dec 8, 201413Dec 24, 20141Dec 26, 201414
-5.27%May 22, 201323Jun 24, 201317Jul 18, 201340

BALCXVolatility Chart

Current American Funds American Balanced Fund Class C volatility is 9.74%. 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%MarchAprilMayJuneJulyAugust
9.74%
16.23%
BALCX (American Funds American Balanced Fund Class C)
Benchmark (^GSPC)