A strong equity operation and an improved fixed-income effort remain after several manager retirements, supporting a Morningstar Analyst Rating of Silver for the 13 cheapest share classes of American Funds American Balanced. The other six are rated Bronze.
Will BALFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BALFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BALFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BALFX’s parent organization’s priorities and whether they’re in line with investors’ interests.