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What does abalx stand for?

See American Funds American Balanced Fund (ABALX) mutual fund ratings from all the top fund analysts in one place. See American Funds American Balanced Fund performance, holdings, fees, risk and other data from Morningstar, S&P, and others.

Is abalx a good investment?

ABALX is not currently ranked. The American Funds site identifies the fund's three main goals as capital preservation, current income and long-term growth of capital and income. The fund can serve as a core holding for investors seeking a balanced combination of growth and income.

What is American Balanced Fund (abalx)?

Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly). American Balanced Fund (Class A | Fund 11 | ABALX) seeks to provide conservation of capital, current income, and long-term growth of capital and income.

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