American Funds American Balanced Fund (AFMBX) NASDAQ

41.11

+0.099998(+0.24%)

Updated at June 02 04:00PM

Currency In USD

American Funds American Balanced Fund

Address

San Francisco CA 94105

San Francisco, CA 94105

United States of America (the)

Phone

415-421-9360

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

January 27, 2017

Key Executives

N/A

Description

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.