What is abalx?
American Balanced Fund (Class A | Fund 11 | ABALX) seeks to provide conservation of capital, current income, and long-term growth of capital and income.
What is the total return of the abalx fund?
1 Year Total Return(as of 01/11/22) ABALX 13.85% S&P 500 25.80% Category 12.42% Overview Historical Prices Advanced Charting Lipper Indexes Lipper Leader Scorecard ABALX Total Return Consistent Return Preservation Tax Efficiency Expense Lipper Leaders Key Total Returns ABALX FUND CATEGORY S&P 500 -9091827 YTD1YR3YR5YR10YR Fund -0.84 13.85 14.17
How much is the abalx capital gains distribution?
1.31 Distribution History ABALX DATE INCOME DISTRIBUTION Capital Gains Distribution 2021 $0.40 $1.04 2020 $0.40 $0.91 2019 $0.55 $0.60 2018 $0.52 $1.01 2017
Is ABALX a good investment?
Overall, American Funds Balanced A ( ABALX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.
How good is American Balanced Fund?
The American Balanced Fund has produced impressive long-term returns for retirement investors. Over the past 15 years, the fund has produced an average annual return of more than 7%, outperforming the average balanced fund and coming close to matching returns of the stock-only S&P 500 index.
Is ABALX an ETF?
In the tables below, ETFdb.com presents recommended exchange traded fund (ETF) alternatives to the mutual fund ABALX....ETFs Linked To S&P 500 Index.SymbolSPYETF NameSPDR S&P 500 ETF TrustAssets$350,164,000.00YTD-17.49%Expense Ratio0.09%6 more columns
Is ABALX a load fund?
The fund charges a front-end sales load of 5.75 percent, which means out of every $10,000, $9,425 is invested with the remaining $575 going toward sales commissions. This is on top of an expense ratio of 0.59 percent, which Morningstar classifies as low.
Which is better Vanguard or American Funds?
American Funds come with both front-end and back-end loads and the fees are higher compared to Vanguard's, which offers no-load funds. The Vanguard Group's offerings are passively-managed while American Funds has managers who actively manage its funds.
What type of fund is Abalx?
ABALX is the ticker symbol for the American Balanced Fund, the Class A shares of a mutual fund run by American Funds. American Funds traces its lineage back to 1931. The American Balanced Fund history dates back to 1933, but the fund in its current inception was founded in 1975.
Which is the best balanced fund?
List of Best Balanced Funds in India Ranked by Last 5 Year ReturnsQuant Absolute Fund. Consistency. ... ICICI Prudential Equity & Debt Fund. ... Kotak Equity Hybrid Fund. ... HDFC Retirement Savings Fund - Hybrid Equity Plan. ... Canara Robeco Equity Hybrid Fund. ... Mirae Asset Hybrid Equity Fund. ... UTI Hybrid Equity Fund. ... SBI Equity Hybrid Fund.More items...
Does American Balanced Fund pay dividends?
ABALX Dividend Yield: 1.40% for July 18, 2022.
Is American Balanced Fund a mutual fund?
American Balanced Fund - A | American Funds....Fund Facts.Fund Inception7/26/1975Fund Assets (millions) As of 6/30/2022$193,465.9Companies/Issuers Holdings are as of 6/30/2022 (updated quarterly).718+2 more rows
Can I buy American Funds through Fidelity?
The F1 share class of all American funds is now available commission-free on the Fidelity and Schwab online brokerage sites. Presumably, American will eventually offer its funds through other discount brokerages. This is a big deal. The American funds offer a wide lineup of good funds.
What's a balanced fund?
A balanced fund is a type of mutual fund that contains both stocks and bonds. It is sometimes called a blended fund. Typically, stocks make up between 50 percent and 70 percent of a balanced mutual fund, with bonds accounting for the remainder.
What type of fund is Agthx?
Fund DetailsCategoryLarge-Cap GrowthFund FamilyAmerican Funds Cl AFund StatusOpenFund InceptionNovember 1, 1958ManagerTeam Managed1 more row
Summary
A balanced approach to growth-and-income investing. With a diversified portfolio of quality stocks and bonds, this balanced strategy invests between 50% and 75% in equities, with flexible exposure to growth-oriented and dividend-paying stocks.
High & Low Prices
For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2020.
Description
The investment objectives of the fund are: (1) conservation of capital, (2) current income and (3) long-term growth of capital and income.
Volatility & Return 3
Returns shown at net asset value (NAV) have all distributions reinvested.
About Our Funds
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely. Prices and returns will vary, so investors may lose money. View fund expense ratios and returns.
Mutual Funds Research & Tools
Research similar Mutual Funds with higher ranks and performance ratings.
Fund Description
The fund was incepted in July 1975 and is managed by Capital Research and Management Company. The fund seeks to provide conservation of capital, current income and long-term growth of capital and income by investing in stocks, bonds and other fixed-income securities.
