Outline of American Funds Global Balanced A Fund (GBLAX)

GBLAX

American Funds Global Balanced A Fund (GBLAX - Free Report) seeks growth of capital and conservation of current income in the long run. GBLAX normally invests u=in debt and equity securities of companies around the globe which limit volatility and offer prospects of dividend income growth. GBLAX 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 producthas a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 4.1 % and 5 year 7.3%. 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 A 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, Verizon Communications Inc and Novartis AG were the top holdings for GBLAX.

This Zacks Rank #2 (Buy) was incepted in July 1996 and is managed by American Funds. GBLAX carries an expense ratio of 0.88% and requires a minimal initial investment of $250.

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