American Funds American Balanced R1 (RLBAX)
| Fund Assets | 252.96B |
| Expense Ratio | 1.33% |
| Min. Investment | $250 |
| Turnover | 44.00% |
| Dividend (ttm) | 2.39 |
| Dividend Yield | 6.44% |
| Dividend Growth | 347.62% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 37.17 |
| YTD Return | 9.05% |
| 1-Year Return | 13.61% |
| 5-Year Return | 50.27% |
| 52-Week Low | 31.54 |
| 52-Week High | 37.17 |
| Beta (5Y) | n/a |
| Holdings | 3813 |
| Inception Date | May 29, 2002 |
About RLBAX
American Funds American Balanced Fund R-1 is a balanced mutual fund designed to achieve three primary objectives: conservation of capital, current income, and long-term growth of both capital and income. Managed by Capital Research and Management Company, a firm with a long history of prudent, research-driven investment, the fund employs a diversified approach by investing in a mix of high-quality equities and investment-grade bonds. This structure aims to provide stability from its fixed income holdings while seeking growth potential from equities. The fund typically allocates between 50% and 70% of its assets to equities, with the remainder in fixed income and cash equivalents, aligning it with moderate allocation strategies. Its equity portfolio features leading companies across sectors—including technology, healthcare, and consumer industries—while its bond holdings focus on securities issued or guaranteed by the U.S. government and other high-quality issuers. With a long track record dating back to its inception in 2002 for this share class, the fund is commonly used within retirement plans and by investors seeking a single, diversified solution for both income and capital appreciation needs.
Performance
RLBAX had a total return of 13.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.43%.
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% Fund | 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 | $0.2401 | Jun 10, 2025 |
| Mar 10, 2025 | $0.0428 | Mar 11, 2025 |
| Dec 16, 2024 | $2.0679 | Dec 17, 2024 |
| Sep 16, 2024 | $0.0435 | Sep 17, 2024 |
| Jun 10, 2024 | $0.0467 | Jun 11, 2024 |
| Mar 11, 2024 | $0.0486 | Mar 12, 2024 |