Breaking News
Get 55% Off 0
Selloff or Market Correction? Either Way, Here's What to Do Next
See Overvalued Stocks
Close

American Funds American Balanced Fund® Class A (ABALX)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Delivery Method

Status

Add to/Remove from a Portfolio Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
34.36 +0.26    +0.76%
20/12 - Closed. Currency in USD
  • Morningstar Rating:
  • Total Assets: 109.72B
Type:  Fund
Market:  United States
Issuer:  American Funds
Underlying:  S&P 500 TR
Asset Class:  Equity
American Funds American Balanced A 34.36 +0.26 +0.76%

ABALX Overview

 
On this page you'll find an in-depth profile of American Funds American Balanced Fund® Class A. Learn about the key management, total assets, investment strategy and contact information of ABALX among other information.
Category

Allocation--50% to 70% Equity

Total Assets

109.72B

Expenses

0.56%

Inception Date

Jul 25, 1975

Investment Strategy

The investment seeks conservation of capital, current income and long-term growth of capital and income. The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.

Contact Information

Address 333 South Hope Street
Los Angeles,CA 90071-1406
United States
Phone (800) 421-4225

Top Executives

Name Title Since Until
Irfan M. Furniturewala Portfolio Manager, Investment Analyst 2023 Now
Biography Irfan M. Furniturewala is an equity portfolio manager at Capital Group. He has 24 years of investment industry experience and has been with Capital Group for 23 years. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. hardware and semiconductor companies. Prior to joining Capital, Irfan was a senior design engineer at Motorola, Inc., and he is a co-inventor of two patents approved by the U.S. Patent and Trademark Office. He holds an MBA from the Wharton School of the University of Pennsylvania, a master’s degree in electrical engineering from Iowa State University, and a bachelor’s degree in electronics engineering from the University of Mumbai. Irfan is based in Los Angeles.
Jin Lee Partner 2023 Now
Biography Jin Lee is an equity portfolio manager at Capital Group. He has 28 years of investment industry experience and has been with Capital Group for 27 years. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. telecommunication services, U.S. building products companies, paper & forest products and restaurants. Prior to joining Capital, he was a senior business planner for the Walt Disney Company and a consultant with L/E/K Partnership. He holds an MBA from Harvard Business School and a bachelor's degree in economics from the University of Pennsylvania graduating with honors. Jin is based in Los Angeles.
Chit Purani - 2023 Now
Biography Chitrang Purani is a fixed income portfolio manager at Capital Group. He has 20 years of investment industry experience and has been with Capital Group for two years. Prior to joining Capital, Chit worked as a fixed income portfolio manager at PIMCO focused on a broad array of multi-sector fixed income strategies. Before that, he was a fixed income trader and analyst at PNC Capital Advisors. He holds an MBA from the University of Chicago Booth School of Business and a bachelor's degree in finance from Northern Illinois University. He also holds the Chartered Financial Analyst® designation. Chit is based in New York.
Mathews Cherian - 2021 Now
Biography Mathews Cherian is an equity portfolio manager at Capital Group. He has 27 years of investment industry experience and has been with Capital Group for 20 years. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. and European semiconductor companies. Prior to joining Capital, Mathews was a senior equity analyst for Pangaea Capital in Boston. Before that, he was an equity analyst with David L. Babson and a strategy consultant with the Boston Consulting Group. He holds an MBA from Harvard Business School, and both a master’s degree in computer science and a bachelor’s degree in electrical science and engineering from Massachusetts Institute of Technology. Mathews is based in San Francisco.
Ritchie Tuazon Senior Vice President 2020 Now
Biography Ritchie Tuazon is a fixed income portfolio manager at Capital Group. He has 23 years of investment industry experience and has been with Capital Group for 13 years. Earlier in his career at Capital, as a fixed income investment analyst, he had analytical responsibilities for Treasuries and TIPS. Prior to joining Capital, Ritchie was a trader at Goldman Sachs with experience trading TIPS, Treasuries and interest rate swaps. He holds an MBA from MIT Sloan School of Management, a master's degree in public administration from Harvard's Kennedy School of Government and a bachelor's degree from the University of California, Berkeley. Ritchie is based in Los Angeles.
Mark L. Casey Partner 2019 Now
Biography Mark L. Casey is an equity portfolio manager at Capital Group. He has 23 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, Mark was an equity investment analyst and covered U.S. media, entertainment, newspapers, infrastructure software, internet and document imaging. Prior to joining Capital, he was a director and product manager for Siebel Systems. He holds an MBA with distinction from Harvard Business School and a bachelor's degree in history from Yale University graduating magna cum laude. Mark is based in San Francisco.
Pramod Atluri Vice President 2018 Now
Biography Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 25 years of investment industry experience and has been with Capital Group for eight years. Prior to joining Capital, Pramod was a fixed income portfolio manager at Fidelity Investments, where he also worked as a fixed income strategist and corporate bond analyst. Before that, he was a management consultant at McKinsey & Company. He holds an MBA from Harvard Business School and a bachelor's degree in biological chemistry from the University of Chicago, where he also completed the requirements for bachelor's degrees in economics and chemistry. He holds the Chartered Financial Analyst® designation. Pramod is based in Los Angeles.
John R. Queen President 2016 Now
Biography John R. Queen is a fixed income portfolio manager at Capital Group. He also serves on the Portfolio Solutions Committee. He has 34 years of investment industry experience and has been with Capital Group for 22 years. Earlier in his career at Capital, John was a trader and dealer service representative. Previously in his career, he was chief operating officer and chief compliance officer, as well as managing director overseeing bond portfolios at Roxbury Capital Management, an affiliate of Wilmington Trust. Before that, he was managing director at Hotchkis and Wiley. John holds a bachelor's degree in industrial management from Purdue University and attended the U.S. Military Academy at West Point, where he majored in mechanical engineering. He also holds the Chartered Financial Analyst® designation. John is based in Los Angeles.
Alan J. Wilson Portfolio Manager 2016 Now
Biography Alan J. Wilson is a portfolio manager at Capital Group. He has 39 years of investment industry experience and has been with Capital Group for 33 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. construction & housing, machinery & engineering, environmental services, energy equipment, trucks, personal care, household products and energy (oil & gas drilling) companies. Before joining Capital, Alan was a consultant with The Boston Consulting Group and an engineer with Texas Eastern Corp.
Paul R. Benjamin - 2014 Now
Biography Paul Benjamin is an equity portfolio manager at Capital Group. He has 18 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst, covering U.S. large-cap software companies. Prior to joining Capital, he managed the European operations for Interelate, a technology start-up funded by Goldman Sachs. He holds an MBA from Stanford Graduate School of Business and a bachelor's degree in finance and religion from Northwestern College graduating magna cum laude. Paul is based in Los Angeles.
Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

ABALX Comments

Write your thoughts about American Funds American Balanced Fund® Class A
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email