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Morningstar

American Funds American Balanced 529A CLBAX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 29.91  /  0.17 %
  • Total Assets 198.7 Bil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Status Open
  • TTM Yield 1.59%
  • Turnover 52%

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 10:02 PM GMT+0

Morningstar’s Analysis CLBAX

Will CLBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLBAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the CLBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of CLBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Solid all around.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

Ably managed equity and fixed-income portfolios form an appealing whole, supporting a continued Morningstar Analyst Rating of Silver for the 12 cheapest share classes of American Funds American Balanced. The other seven share classes are rated Bronze.

by Greg Carlson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CLBAX

More CLBAX Holdings
  • Current Portfolio Date
  • Equity Holdings 199
  • Bond Holdings 1879
  • Other Holdings 13
  • % Assets in Top 10 Holdings 21.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

8.05
15,801,477,413
Cash and Equivalents

Cap Grp Cent Fd Ser Ii

4.31
8,452,614,838
—

Microsoft Corp

3.98
7,814,106,264
Technology

Broadcom Inc

2.86
5,605,150,377
Technology

UnitedHealth Group Inc

2.10
4,114,789,618
Healthcare

Philip Morris International Inc

2.01
3,953,176,323
Consumer Defensive

The Home Depot Inc

1.38
2,705,273,258
Consumer Cyclical

Pfizer Inc

1.18
2,309,639,040
Healthcare

Federal National Mortgage Association 4.5%

1.17
2,293,837,450
Securitized

Alphabet Inc Class C

1.10
2,159,425,320
Communication Services