American Funds American Balanced 529A

Frequently Asked Questions About CLBAX

What does CLBAX invest in?

This fund utilizes a balanced investment approach, allocating its capital across a diverse range of assets. Its primary holdings consist of common stocks and high-quality, investment-grade bonds. Additionally, the portfolio includes securities backed by the U.S. government and various federal agencies. The fund also has the flexibility to dedicate a segment of its assets to international markets, potentially investing in non-U.S. common stocks (with a preference for those offering consistent dividends), foreign bonds, and other overseas financial instruments.

What is the expense ratio of CLBAX?

American Funds American Balanced 529A (CLBAX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CLBAX?

American Funds American Balanced 529A (CLBAX) manages $288.09B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CLBAX actively managed or an index fund?

CLBAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CLBAX launched?

American Funds American Balanced 529A (CLBAX) launched in February 2002 and is managed by Capital Group.

How has CLBAX performed?

CLBAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.