American Funds American Balanced 529C (CLBCX)
| Fund Assets | 252.96B |
| Expense Ratio | 1.37% |
| Min. Investment | $250 |
| Turnover | 44.00% |
| Dividend (ttm) | 2.38 |
| Dividend Yield | 6.35% |
| Dividend Growth | 360.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 37.43 |
| YTD Return | 10.16% |
| 1-Year Return | 14.76% |
| 5-Year Return | 51.61% |
| 52-Week Low | 31.83 |
| 52-Week High | 37.51 |
| Beta (5Y) | n/a |
| Holdings | 3813 |
| Inception Date | Feb 19, 2002 |
About CLBCX
American Funds American Balanced Fund® Class 529-C is a balanced mutual fund designed to provide a mix of capital preservation, current income, and long-term growth. This fund invests in a diversified portfolio comprising both common stocks and investment-grade bonds, with an equity allocation typically ranging from 50% to 70% of assets. Its balanced approach aims to reduce volatility while capturing opportunities in both the equity and fixed-income markets. The fund applies a multi-manager strategy, distributing assets across a broad array of sectors, including technology, industrials, financials, and healthcare, and also allocates to securities issued or guaranteed by the U.S. government. Regular quarterly dividends and a focus on quality holdings support its income generation mandate. The 529-C share class is specifically structured for use in college savings plans, making it relevant for investors seeking a blend of growth and income within education-focused accounts. With a substantial asset base and a long operational history since its inception in 2002, the fund plays a significant role in the moderate allocation category, serving investors who value a balanced investment solution for medium- to long-term financial goals.
Performance
CLBCX had a total return of 14.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.56% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% | 0.64% |
Top 10 Holdings
26.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 4.76% |
| Capital Group Central Cash Fund | n/a | 4.25% |
| Microsoft Corporation | MSFT | 3.60% |
| Cap Grp Cent Fd Ser Ii | CCBFX | 2.60% |
| Philip Morris International Inc. | PM | 2.50% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.14% |
| Meta Platforms, Inc. | META | 2.00% |
| NVIDIA Corporation | NVDA | 1.63% |
| Alphabet Inc. | GOOG | 1.57% |
| Amazon.com, Inc. | AMZN | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.2371 | Jun 10, 2025 |
| Mar 10, 2025 | $0.0426 | Mar 11, 2025 |
| Dec 16, 2024 | $2.0615 | Dec 17, 2024 |
| Sep 16, 2024 | $0.0398 | Sep 17, 2024 |
| Jun 10, 2024 | $0.0431 | Jun 11, 2024 |
| Mar 11, 2024 | $0.0451 | Mar 12, 2024 |