Focus On American Funds American Balanced R5 Fund (RLBFX)

American Funds American Balanced R5 Fund (RLBFX) seeks growth of capital and income for the long run. RLBFX also seeks conservation of capital by maintain a balanced investment approach. RLBFX invests in a wide variety of securities which include investment-grade debt securities and common stocks.

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 6.6% and 5 year 11.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

RLBFX’s performance, as of the last filing, when compared to funds in its category was in the top 16% over the past 1 year, and in the top 2% over the past 3 years and in the top 1% over the past 5 years.

The American Funds American Balanced R5 fund, as of the last filing, allocates their fund in five major groups; Intermediate Bond, Large Value, Large Growth, High Yield Bond and Foreign Stock. Further, as of the last filing, Microsoft Corp, Amazon.com Inc and Comcast Corp were the top holdings for RLBFX.

This Zacks Rank #1 (Strong Buy) was incepted in December 2002 and is managed by American Funds. RLBFX carries an expense ratio of 0.34% and requires a minimal initial investment of $250.