American Funds American Balanced R4 (RLBEX) a Zacks Rank #1 (Strong Buy) was incepted in July 1975. RLBEX seeks growth of capital and income over the long run through capital conservation. RLBEX invests in both common stocks and bonds that are rated investment-grade. RLBEX invests in debt securities that are backed by the U.S. government and federal agencies. RLBEX invests in common stocks of companies that have impressive dividend paying track records. RLBEX may also invests in securities issued by foreign entities.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Intermediate Bond. Further, as of the last filing, Microsoft (NASDAQ:MSFT), Philip Morris International (NYSE:PM) and Comcast (NASDAQ:CMCSA) were the top holdings for RLBEX.
American Funds American Balanced R4, managed by American Funds, carries an expense ratio of 0.63%. Moreover, RLBEX requires a minimal initial investment of $250.
RLBEX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.94%, 3 year 7.90% and 5 year 9.21%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
RLBEX’s performance, as of the last filing, when compared to funds in its category was in the top 2% in 1 year, top 3% over the past 3 years, and in the 1% over the past 5 years.
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