American Balanced Fund Quote
| BALFX Fund | USD 32.81 0.29 0.88% |
Performance9 of 100
| Odds Of DistressLess than 20
|
American Balanced is trading at 32.81 as of the 16th of April 2024; that is -0.88 percent down since the beginning of the trading day. The fund's open price was 33.1. American Balanced has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for American Balanced Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.. More on American Balanced Fund
Moving together with American Mutual Fund
| 0.96 | AMFCX | American Mutual | PairCorr |
| 0.96 | AMFFX | American Mutual | PairCorr |
| 0.96 | RNCCX | American Funds Me | PairCorr |
| 0.95 | AMEFX | Income Fund | PairCorr |
| 0.98 | RNGFX | New Economy Fund | PairCorr |
| 0.82 | AMHIX | American High-income | PairCorr |
American Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Balanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Balanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | American Funds, Large Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, American Funds, Large Blend, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | December |
American Balanced Fund [BALFX] is traded in USA and was established 16th of April 2024. American Balanced is listed under American Funds category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of American Funds family. This fund currently has accumulated 202.13 B in assets under management (AUM) with no minimum investment requirementsAmerican Balanced is currently producing year-to-date (YTD) return of 3.9% with the current yeild of 0.02%, while the total return for the last 3 years was 4.37%.
Check American Balanced Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Balanced Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American Balanced Fund Mutual Fund Constituents
| NKE | Nike Inc | Stock | Consumer Discretionary |
| KO | The Coca Cola | Stock | Consumer Staples |
| AVGO | Broadcom | Stock | Information Technology |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| PM | Philip Morris International | Stock | Consumer Staples |
| PFE | Pfizer Inc | Stock | Health Care |
| MSFT | Microsoft | Stock | Information Technology |
American Balanced Target Price Odds Analysis
Based on a normal probability distribution, the odds of American Balanced jumping above the current price in 90 days from now is about 51.84%. The American Balanced Fund probability density function shows the probability of American Balanced mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon American Balanced has a beta of 0.7501 suggesting as returns on the market go up, American Balanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American Balanced Fund will be expected to be much smaller as well. Additionally, american Balanced Fund has an alpha of 0.002, implying that it can generate a 0.00203 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of American Balanced to move above the current price in 90 days from now is about 51.84 (This American Balanced Fund probability density function shows the probability of American Mutual Fund to fall within a particular range of prices over 90 days) .
American Balanced Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. American Balanced market risk premium is the additional return an investor will receive from holding American Balanced long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Balanced. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American Balanced's alpha and beta are two of the key measurements used to evaluate American Balanced's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4026 | |||
| Semi Deviation | 0.4395 | |||
| Standard Deviation | 0.5171 | |||
| Variance | 0.2674 |
American Balanced Against Markets
Picking the right benchmark for American Balanced mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Balanced mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Balanced is critical whether you are bullish or bearish towards American Balanced Fund at a given time. Please also check how American Balanced's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in American Balanced without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Equity Analysis Now
Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
| All Next | Launch Module |
How to buy American Mutual Fund?
Before investing in American Balanced, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in American Balanced. To buy American Balanced fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of American Balanced. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase American Balanced fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located American Balanced Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased American Balanced Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as American Balanced Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in American Balanced Fund?
The danger of trading American Balanced Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Balanced is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Balanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Balanced is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Balanced Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the American Balanced information on this page should be used as a complementary analysis to other American Balanced's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.