What is American Balanced Fund?

American Balanced Fund may be appropriate for: The investment objectives of the fund are: (1) conservation of capital, (2) current income and (3) long-term growth of capital and income. The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms.

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.

Is American Balanced Fund a qdia?

Over its lifetime, American Balanced Fund has had a higher return than its blended benchmark and peers, and can serve as a QDIA.* Hypothetical lifetime value of $10,000 investments Value of hypothetical $10,000 investments since the fund began on July 26, 1975, through December 31, 2022.