American Funds Global Balanced Fund (CBFAX)
The investment seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income. As a balanced fund with global scope, the fund seeks to invest in equity and debt securities around the world that offer the opportunity for growth and/or provide dividend income, while also constructing the portfolio to protect principal and limit volatility. It will allocate its assets among various countries. The fund will invest at least 40% of its net assets in issuers outside the United States. Normally it will invest at least 25% of the value of its assets in bonds and other debt securities.
Fund Info
US02629W6012
Jan 31, 2011
$250
Large-Cap
Blend
Expense Ratio
CBFAX features an expense ratio of 0.84%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds Global 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 Global Balanced Fund had a return of 4.15% year-to-date (YTD) and 7.21% in the last 12 months. Over the past 10 years, American Funds Global Balanced Fund had an annualized return of 3.89%, while the S&P 500 had an annualized return of 11.26%, indicating that American Funds Global Balanced Fund did not perform as well as the benchmark.
CBFAX
4.15%
2.77%
-1.28%
7.21%
3.53%
3.89%
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of CBFAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.03% | 4.15% | |||||||||||
| 2024 | -0.39% | 1.49% | 2.45% | -2.86% | 3.05% | 0.36% | 2.40% | 2.58% | 1.82% | -2.89% | 0.65% | -5.53% | 2.77% |
| 2023 | 4.84% | -3.38% | 2.76% | 1.60% | -1.69% | 3.50% | 1.70% | -2.44% | -3.65% | -1.36% | 6.80% | 4.91% | 13.69% |
| 2022 | -2.65% | -2.33% | -0.47% | -6.43% | 1.68% | -6.94% | 3.89% | -3.53% | -7.06% | 4.21% | 6.86% | -1.38% | -14.28% |
| 2021 | -0.45% | 0.86% | 1.23% | 2.48% | 1.55% | 0.31% | 0.63% | 1.51% | -2.76% | 2.64% | -2.00% | -1.39% | 4.55% |
| 2020 | -0.99% | -4.09% | -8.75% | 6.38% | 3.55% | 1.80% | 2.72% | 3.11% | -2.56% | -1.61% | 8.59% | 3.09% | 10.45% |
| 2019 | 4.79% | 1.44% | 2.11% | 1.15% | -3.28% | 4.48% | -0.40% | -1.13% | 0.57% | 1.86% | 1.64% | 3.05% | 17.22% |
| 2018 | 3.76% | -3.06% | -0.51% | 0.43% | -0.62% | -0.32% | 1.66% | -1.78% | 0.60% | -4.85% | 1.28% | -2.66% | -6.19% |
| 2017 | 1.70% | 1.34% | 1.26% | 1.21% | 1.77% | 0.29% | 2.26% | -0.56% | 1.37% | 0.53% | 1.02% | -0.49% | 12.28% |
| 2016 | -2.27% | 0.00% | 5.61% | 1.79% | -0.34% | 1.51% | 2.02% | -0.16% | 0.35% | -1.92% | -1.62% | 1.46% | 6.35% |
| 2015 | 0.30% | 2.08% | -1.73% | 2.08% | -0.23% | -2.29% | 1.30% | -4.08% | -2.35% | 4.33% | -1.08% | -3.44% | -5.33% |
| 2014 | -1.75% | 4.47% | -0.34% | 1.13% | 1.83% | 0.65% | -1.51% | 1.98% | -2.07% | 1.03% | 0.76% | -2.03% | 4.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CBFAX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds Global Balanced Fund (CBFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds Global Balanced Fund provided a 1.81% dividend yield over the last twelve months, with an annual payout of $0.69 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.69 | $0.69 | $0.58 | $0.48 | $0.67 | $0.45 | $0.63 | $0.67 | $0.53 | $0.57 | $0.36 | $1.36 |
Dividend yield | 1.81% | 1.88% | 1.58% | 1.49% | 1.74% | 1.21% | 1.83% | 2.24% | 1.63% | 1.93% | 1.26% | 4.51% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds Global 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.69 |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.58 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.48 |
| 2021 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.67 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.63 |
| 2018 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.67 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.53 |
| 2016 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.57 |
| 2015 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.36 |
| 2014 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.91 | $1.36 |
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 Global 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 Global Balanced Fund was 25.81%, occurring on Oct 12, 2022. Recovery took 463 trading sessions.
The current American Funds Global Balanced Fund drawdown is 4.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.81% | Nov 10, 2021 | 232 | Oct 12, 2022 | 463 | Aug 16, 2024 | 695 |
| -23.35% | Feb 13, 2020 | 27 | Mar 23, 2020 | 95 | Aug 6, 2020 | 122 |
| -14.24% | May 18, 2015 | 171 | Jan 20, 2016 | 147 | Aug 18, 2016 | 318 |
| -13.51% | May 3, 2011 | 107 | Oct 3, 2011 | 125 | Apr 2, 2012 | 232 |
| -13.34% | Jan 29, 2018 | 229 | Dec 24, 2018 | 131 | Jul 3, 2019 | 360 |
Volatility
Volatility Chart
The current American Funds Global Balanced Fund volatility is 1.95%, 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.