- ISIN
- US0240718132
- CUSIP
- 024071813
- Issuer
- American Funds
- Inception Date
- Jul 26, 1975
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
RLBGX Performance Chart
American Funds American Balanced Fund Class R-6 (RLBGX) is up 9.9% since the beginning of the year. RLBGX is currently trading at $41 per share. Investors who bought $1,000 worth of RLBGX shares 5 years ago would now be looking at an investment worth $1,630.
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Returns By Period
American Funds American Balanced Fund Class R-6 (RLBGX) has returned 9.90% so far this year and 24.21% over the past 12 months. Over the last ten years, RLBGX has returned 10.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
American Funds American Balanced Fund Class R-6
- 1D
- 0.84%
- 1M
- 1.76%
- YTD
- 9.90%
- 6M
- 10.22%
- 1Y
- 24.21%
- 3Y*
- 17.21%
- 5Y*
- 10.26%
- 10Y*
- 10.46%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RLBGX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2010, RLBGX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +7.9%, while the worst month was Mar 2020 at -8.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RLBGX closed higher 54% of trading days. The best single day was Dec 24, 2014 with a return of +6.5%, while the worst single day was Mar 16, 2020 at -7.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.64% | 1.58% | -5.12% | 7.11% | 3.46% | 0.24% | 9.90% | ||||||
| 2025 | 2.94% | -0.23% | -2.79% | -0.26% | 3.99% | 4.55% | 0.95% | 1.62% | 2.97% | 1.73% | 1.86% | 0.27% | 18.83% |
| 2024 | 0.75% | 2.61% | 2.77% | -3.22% | 2.99% | 2.84% | 1.88% | 1.70% | 1.76% | -1.07% | 2.92% | -1.34% | 15.35% |
| 2023 | 4.07% | -3.24% | 2.16% | 1.36% | -0.74% | 3.36% | 2.13% | -1.38% | -3.47% | -1.52% | 6.70% | 4.24% | 13.92% |
| 2022 | -3.32% | -1.48% | 0.84% | -5.49% | 1.62% | -6.13% | 4.51% | -3.05% | -7.10% | 5.26% | 5.64% | -2.74% | -11.85% |
| 2021 | -0.63% | 1.53% | 2.90% | 2.98% | 1.83% | 0.62% | 1.16% | 1.51% | -3.12% | 3.74% | -0.92% | 3.65% | 16.10% |
Benchmark Metrics
American Funds American Balanced Fund Class R-6 has an annualized alpha of 2.86%, beta of 0.59, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since January 04, 2010.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (66.84%) than losses (64.05%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.86% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.59 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.86%
- Beta
- 0.59
- R²
- 0.90
- Upside Capture
- 66.84%
- Downside Capture
- 64.05%
Expense Ratio
RLBGX has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
RLBGX ranks 84 for risk / return — in the top 84% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds American Balanced Fund Class R-6 (RLBGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RLBGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 2.78 | +0.68 |
| Martin ratioReturn relative to average drawdown | 15.32 | 12.44 | +2.88 |
Dividends
Dividend History
American Funds American Balanced Fund Class R-6 provided a 7.38% dividend yield over the last twelve months, with an annual payout of $3.02 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.02 | $3.21 | $2.58 | $0.73 | $0.76 | $1.54 | $1.41 | $1.08 | $1.45 | $1.34 | $1.13 | $1.41 |
Dividend yield | 7.38% | 8.56% | 7.50% | 2.27% | 2.63% | 4.59% | 4.65% | 3.78% | 5.81% | 4.92% | 4.54% | 5.91% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds American Balanced Fund Class R-6. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.28 | ||||||
| 2025 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $2.60 | $3.21 |
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $2.17 | $2.58 |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.36 | $0.73 |
| 2022 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.21 | $0.76 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.99 | $1.54 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds American Balanced Fund Class R-6. 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 R-6 was 22.33%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current American Funds American Balanced Fund Class R-6 drawdown is 0.19%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -22.33%Mar 2020 | 1mo 2d | 4mo 15d | 5mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -18.59%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2011 correction2011 | -11.59%Oct 2011 | 2mo 27d | 3mo 17d | 6mo 14dJul 2011 - Jan 2012 |
Rate-hike selloffLate 2018 | -10.84%Dec 2018 | 3mo 1d | 2mo 27d | 5mo 28dSep 2018 - Mar 2019 |
2025 selloff2025 | -10.65%Apr 2025 | 1mo 17d | 1mo 26d | 3mo 13dFeb 2025 - Jun 2025 |
Drawdown Indicators
| RLBGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -56.78% | +34.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -9.10% | +2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -18.90% | +8.25% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -25.43% | +6.84% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | -33.92% | +11.59% |
Current DrawdownCurrent decline from peak | -0.19% | -1.80% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -10.71% | +8.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.03% | -0.46% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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