American Funds American Balanced Fund (BALFX)
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.
Fund Info
| ISIN | US0240714099 |
|---|---|
| CUSIP | 024071409 |
| Issuer | American Funds |
| Inception Date | Mar 15, 2001 |
| Category | Diversified Portfolio |
| Min. Investment | $250 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
BALFX features an expense ratio of 0.62%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BALFX vs. VBINX, BALFX vs. VWRL.AS, BALFX vs. STFBX, BALFX vs. VBIAX, BALFX vs. VT, BALFX vs. AOR, BALFX vs. URTH, BALFX vs. QQQ, BALFX vs. NTSX, BALFX vs. FPURX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds American Balanced Fund, 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 had a return of 15.70% year-to-date (YTD) and 24.72% in the last 12 months. Over the past 10 years, American Funds American Balanced Fund had an annualized return of 8.34%, while the S&P 500 had an annualized return of 11.39%, indicating that American Funds American Balanced Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.70% | 25.45% |
| 1 month | 0.36% | 2.91% |
| 6 months | 9.12% | 14.05% |
| 1 year | 24.72% | 35.64% |
| 5 years (annualized) | 8.88% | 14.13% |
| 10 years (annualized) | 8.34% | 11.39% |
Monthly Returns
The table below presents the monthly returns of BALFX, 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 | 0.72% | 2.58% | 2.75% | -3.25% | 2.96% | 2.78% | 1.85% | 1.68% | 1.75% | -1.10% | 15.70% | ||
| 2023 | 4.04% | -3.25% | 2.11% | 1.32% | -0.74% | 3.34% | 2.07% | -1.41% | -3.48% | -1.56% | 6.64% | 4.63% | 13.97% |
| 2022 | -3.35% | -1.52% | 0.81% | -5.53% | 1.59% | -6.14% | 4.48% | -3.08% | -7.13% | 5.23% | 5.58% | -2.77% | -12.19% |
| 2021 | -0.66% | 1.50% | 2.88% | 2.95% | 1.81% | 0.59% | 1.13% | 1.46% | -3.13% | 3.71% | -0.95% | 3.62% | 15.69% |
| 2020 | -0.18% | -3.80% | -7.99% | 7.82% | 2.70% | 1.03% | 3.42% | 2.37% | -1.64% | -1.80% | 6.96% | 2.50% | 10.81% |
| 2019 | 4.74% | 1.42% | 1.54% | 2.06% | -3.52% | 4.42% | 0.66% | -0.15% | 0.90% | 1.67% | 2.10% | 2.02% | 19.10% |
| 2018 | 3.21% | -3.32% | -1.02% | 0.30% | 1.16% | 0.63% | 2.14% | 0.87% | 0.20% | -4.09% | 1.91% | -4.56% | -2.91% |
| 2017 | 1.77% | 2.10% | 0.29% | 0.93% | 1.39% | -0.04% | 1.91% | 0.49% | 1.14% | 1.63% | 1.42% | 1.35% | 15.35% |
| 2016 | -2.52% | -0.00% | 4.34% | 1.24% | 0.45% | 1.38% | 1.66% | 0.00% | 0.03% | -0.88% | 1.50% | 1.11% | 8.47% |
| 2015 | -1.33% | 3.56% | -1.04% | 1.09% | 0.36% | -1.78% | 1.87% | -4.40% | -0.99% | 5.85% | 0.32% | -1.11% | 2.04% |
| 2014 | -2.33% | 3.06% | 1.21% | 0.49% | 1.66% | 1.12% | -1.54% | 3.24% | -1.01% | 1.42% | 2.05% | 0.33% | 9.95% |
| 2013 | 3.58% | 0.71% | 2.41% | 2.21% | 1.58% | -1.58% | 3.17% | -2.50% | 3.21% | 3.51% | 2.12% | 1.59% | 21.69% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BALFX is 81, placing it in the top 19% 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 (BALFX) 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 provided a 2.09% dividend yield over the last twelve months, with an annual payout of $0.77 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 | $0.77 | $0.74 | $0.47 | $0.38 | $0.39 | $0.53 | $0.50 | $0.47 | $0.42 | $0.57 | $1.98 | $0.37 |
Dividend yield | 2.09% | 2.31% | 1.63% | 1.13% | 1.28% | 1.85% | 2.02% | 1.71% | 1.71% | 2.40% | 8.02% | 1.51% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds American Balanced Fund. 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 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.32 | |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.45 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.18 | $0.47 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.38 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.39 |
| 2019 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.24 | $0.53 |
| 2018 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.22 | $0.50 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.18 | $0.47 |
| 2016 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.57 |
| 2014 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.59 | $1.98 |
| 2013 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.37 |
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. 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 was 39.30%, occurring on Mar 9, 2009. Recovery took 457 trading sessions.
The current American Funds American Balanced Fund drawdown is 0.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.3% | Oct 10, 2007 | 354 | Mar 9, 2009 | 457 | Dec 29, 2010 | 811 |
| -22.34% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -21.15% | Mar 20, 2002 | 142 | Oct 9, 2002 | 170 | Jun 11, 2003 | 312 |
| -18.81% | Jan 5, 2022 | 186 | Sep 30, 2022 | 311 | Dec 27, 2023 | 497 |
| -11.63% | Jul 8, 2011 | 61 | Oct 3, 2011 | 73 | Jan 18, 2012 | 134 |
Volatility
Volatility Chart
The current American Funds American Balanced Fund volatility is 2.42%, 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.