American Funds American Balanced 529A
American Balanced Fund, Inc. P.O. Box 7650, One Market, Steuart Tower
Map
Phone: 800-325-3590
| Category: | Moderate Allocation | | Fund Family: | American Funds | | Net Assets: | 1.19B | | Year-to-Date Return: | 15.46% | | Yield: | 2.85% | | Morningstar Rating: |  | | Fund Inception Date: | 15-Feb-02 |
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Robert G. O'Donnell
Lead Manager since
01-Jan-86 | | | O'Donnell is vice chairman of the board, senior vice president, director, and portfolio manager with Capital Research and Management Company, his employer since July 1975. Previously, O'Donnell worked as a portfolio manager with American Express Investment Management Company. |
| Min Initial Investment: | $250 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks conservation of capital, current income and long-term growth of capital and income. The fund invests in a broad range of securities, including stocks, bonds and securities issued and guaranteed by the U.S. government. It normally maintains at least 50% of assets in common stocks and at least 25% of assets in debt securities, including money market securities. The fund may also hold cash or money market instruments. |
| Last Dividend
(14-Aug-09):
| 0.09 | | Last Cap Gain
(15-Feb-08):
| 0.14 | | Annual Holdings Turnover
| 41.00% | | Average for Category:
| 74.74% |
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| Expense | CLBAX | Category
Avg | | Total Expense Ratio: | 0.68%
| 1.02% | | Max 12b1 Fee: | 0.21%
| N/A | | Max Front End Sales Load: | 5.75%
| 5.29% | | Max Deferred Sales Load: | %
| 2.72% | | 3 Yr Expense Projection*: |
$ 819 | $632 | | 5 Yr Expense Projection*: |
$ 991 | $951 | | 10 Yr Expense Projection*: |
$ 1,478 | $1,857 |
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0.17% Nasdaq 0.00%
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