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American Funds Balanced Portfolio A (BLPAX) in Focus

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American Funds Balanced Portfolio A (BLPAX - Free Report) a Zacks Rank #2 (Buy) invests in a mix of American Funds in different combinations and weightings. The underlying American Funds may include growth, growth-and-income, equity-income, balanced and bond funds.

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Intermediate Bond, Large Growth and Large Value. Further, as of the last filing, BOND FUND OF AMERICA, NEW PERSPECTIVE FUND INC and AMERICAN BALANCED FUND INC were the top holdings for BLPAX.

The American Funds Balanced Portfolio A fund, managed by American Funds carries an expense ratio of 0.32%. Moreover, BLPAX requires a minimal initial investment of $250.

BLPAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3 year benchmarks; 1 year 2.73% and 3 year 7.26%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

BLPAX’s performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year and in the 20% over the past 3 years.

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