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American Balanced Fund - Class 529-F-2
Retrived:
2024-12-23 18:43:31.186940

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Mutual Fund

United States

Open
02:16:30
Basic Information

Inception Date

2008-08-05

Fund Familty

American Funds

Net Assets

USD 230,438,387,712

Minumum Investment

USD 250

YTD Return

0.109

Type Asset

Mutual Fund

52 Week Statistics

Low

31.59

High

37.2

Low Change

2.76

Low Percent Change

8.737 %

High Change

-2.85

High Percent Change

-7.661 %

More

Description

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.