American Balanced Fund Class F-2 Shs
AMBFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco CA 94105 San Francisco CA United States of America 94105
- IPO Date
- Aug 1, 2008
- CIK
- 0000004568
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Balanced Fund (Class F-2) (AMBFX) is a balanced mutual fund managed by Capital Research and Management Company (a subsidiary of Capital Group Companies, Inc.) that seeks conservation of capital, current income, and long-term growth of capital and income through a diversified portfolio typically comprising 50% to 75% in equities and the balance in fixed-income securities; it invests primarily in common stocks (including growth-oriented and dividend-paying U.S. and non-U.S. issuers), investment-grade bonds, U.S. government and agency securities, and cash equivalents. The fund allocates across sectors such as information technology (approximately 21%), financials, industrials, communication services, and health care in equities, with fixed-income holdings featuring an effective duration of around 5.6 years, average yield to worst of 4.4%, and focus on high-quality credits; it maintains geographic exposure predominantly in the United States (over 85% of equities), with smaller positions in Canada, Europe & Middle East, and emerging markets ex-China. Launched in 1975 and headquartered in Los Angeles, California, the fund serves individual and institutional investors seeking moderate allocation strategies, with assets under management exceeding $271 billion as of November 2025, over 1,145 holdings, and quarterly dividends paid in March, June, September, and December alongside semi-annual capital gains distributions. In November 2025, Capital Group announced significant portfolio management changes for the American Balanced Fund series, including the removal of equity managers Mark Casey (tenure since 2019) and Irfan Furniturewala (tenure since 2023) effective January 1, 2026, with Anirudh Samsi added as a new equity manager; these shifts form part of a broader reorganization aligning equity management with one of Capital Group's three equity-oriented subsidiaries to streamline oversight while preserving the fund's experienced 12-manager team averaging over 12 years tenure for remaining equity managers. The fund maintains a no-load share class structure with a 0.35% expense ratio, low distribution fees, and high credit quality in fixed income, targeting retail and advisor-sold channels globally, though primarily U.S.-focused.