American Funds American Balanced F1
BALFX
NASDAQ40.70
USD
-0.01
- -
CIK
0000004568
ISIN
US0240714099
CUSIP
024071409
Return %
Stock
S&P500
1Y
10.99
19.01
3Y
33.49
65.48
5Y
23.97
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael W. Roberge
- Full Time Employees
- 1,900
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco CA 94105 San Francisco CA United States of America 02199
- IPO Date
- Mar 15, 2001
- CIK
- 0000004568
- Website
- mfs.com
- Similar Companies
- Business
- American Funds American Balanced Fund, Class F-1 (BALFX) is a balanced mutual fund managed by Capital Group that seeks conservation of capital, current income, and long-term growth of capital and income through a diversified portfolio typically comprising approximately 55% U.S. equities, 9% non-U.S. equities, 28% U.S. bonds, 2% non-U.S. bonds, and 6% cash equivalents; it invests in common stocks and investment-grade bonds across sectors such as information technology (20.7%), financials (7.8%), industrials (7.3%), and communication services (6.6%), with geographic emphasis on the United States (86% equities, 56% overall), Canada, Europe & Middle East, and emerging markets ex-China. The fund, part of the American Funds family offered by Capital Group Companies, Inc., founded in 1931 and headquartered in Los Angeles, California, serves individual and institutional investors seeking moderate allocation strategies, including retirement plans and financial advisors, with a minimum initial investment of $250, quarterly income dividends, semi-annual capital gains distributions, and an expense ratio of 0.61%. Launched on July 26, 1975, BALFX holds over 1,145 companies/issuers, manages $271 billion in assets as of November 30, 2025, and features a team of 12 portfolio managers with extensive experience, including Hilda Applbaum (25 years tenure), Alan Berro (19 years), and others such as Pramod Atluri, Paul Benjamin, and John Queen. In recent developments, the fund maintained a portfolio turnover of 131% in 2024 and issued its March 1, 2025 prospectus update; it distributed significant 2025 year-to-date capital gains totaling $2.32 per share (including $2.125 long-term in December), alongside regular quarterly dividends of approximately $0.10 per share, reflecting robust performance amid market conditions; no major acquisitions, partnerships, or structural changes were reported in 2024-2025, underscoring stable operations within Capital Group's multiple-manager investment approach.