American Funds Global Balanced R3 Fund RGBCX seeks growth of capital and conservation of current income in the long run. RGBCX normally invests u=in debt and equity securities of companies around the globe which limit volatility and offer prospects of dividend income growth. RGBCX invests around two-fifths of its assets in securities of foreign companies. Also, the fund invests at least one-fourth of its assets in bonds and other debt securities.
This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.8% and 5 year 7%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
The American Funds Global Balanced R3 Fund, as of the last filing, allocates their fund in top two major groups; Foreign Stock and High Yield Bond. Further, as of the last filing, Imperial Brands PLC (LON:IMB), Verizon Communications Inc (NYSE:VZ) and Novartis AG were the top holdings for RGBCX.
This Zacks Rank #2 (Buy) was incepted in Feb 2011 and is managed by American Funds. RGBCX carries an expense ratio of 1.20% and requires a minimal initial investment of $250.
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