Overview
Description
American Balanced Fund R-6 is a moderate allocation mutual fund that seeks to achieve conservation of capital, current income, and long-term growth of capital and income. Managed by Capital Research and Management Company, the fund takes a balanced, diversified approach by investing in a wide variety of assets, primarily U.S. and international common stocks with a history of dividends, as well as investment-grade bonds, including those issued or guaranteed by the U.S. government and federal agencies. Typically, at least half of the fund’s assets are allocated to equities and at least a quarter to fixed-income securities, such as bonds and cash equivalents. This structure provides exposure to key sectors such as technology, healthcare, consumer goods, and financials, while also incorporating risk mitigation from the bond component. The fund utilizes a multi-manager structure, where segments are managed independently to enhance diversification and leverage different management perspectives. Its role in the financial market is to offer investors a single, professionally managed portfolio that combines income generation, capital preservation, and the potential for growth, making it a core holding for retirement plans and income-oriented investors seeking a conservative yet growth-oriented allocation strategy.
About
Address
San Francisco CA 94105
One Market - Steuart Tower Suite 2000
One Market - Steuart Tower Suite 2000
Phone
415-421-9360
Website
Instrument type
Mutual fund
Country
United States
MIC code
XNAS