American Funds Global Balanced Fund (GBLAX)

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American Funds Global Balanced Fund (GBLAX) is an actively managed balanced mutual fund. As a balanced fund with global scope, the fund seeks to invest in equity and debt securities around the world that offer the opportunity for growth and/or provide dividend income, while also constructing the portfolio to protect principal and limit volatility.

This mutual fund objective is to seek the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income.

GBLAX Fund Profile

    American Funds Global Balanced Fund (GBLAX)
  • Fund Inception Date: 02/01/2011
  • Ticker Symbol: GBLAX
  • CUSIP: 02629W106
  • Beta (3yr): 1.05
  • Rank in category (YTD): 68%
  • Category: World Allocation
  • Distribution Yield: 1.78%
  • Capital Gains: -
  • Expense Ratio: 0.89%
  • Net Assets: $ 8.2 billion
  • Number of Years Up: 3 years
  • Number of Years Down: 0 year
  • Annual Turnover Rate: 74%
This American Funds Global Balanced fund has an expense fee of 0.89%. It also has a dividend yield of 1.78%. The current share price is $30.28. The class A fund has a high sales load of 5.75%. The fund’s investment style is large blend.

American Funds Global Balanced Fund Performance

In 2015, this world allocation fund has a year-to-date return of 2.39%. This balanced fund has returned 1.23% over the past 1 year, and 9.50% over the past 3 year. Morningstar has ranked this mutual fund with 3 star and silver rating. The past 4 year performance is as follows:
  • Year 2015: 2.39% (ytd)
  • Year 2014: 3.69%
  • Year 2013: 17.16%
  • Year 2012: 12.78%
You can buy this mutual fund for your brokerage or retirement account with $250 initial funding. Other classes of this American fund are:
  • American Funds Global Balanced A LW (GBLAX.LW)
  • American Funds Global Balanced B (GBLBX)
  • American Funds Global Balanced C (GBLCX)
  • American Funds Global Balanced F1 (GBLEX)
  • American Funds Global Balanced F2 (GBLFX)
  • American Funds Global Balanced R1 (RGBLX)
  • American Funds Global Balanced R2 (RGBBX)
  • American Funds Global Balanced R2E (RGGHX)
  • American Funds Global Balanced R3 (RGBCX)
  • American Funds Global Balanced R4 (RGBEX)
  • American Funds Global Balanced R5 (RGBFX)
  • American Funds Global Balanced R6 (RGBGX)
  • American Funds Global Balanced 529A (CBFAX)
  • American Funds Global Balanced 529A LW (CBFAX.LW)
  • American Funds Global Balanced 529B (CBFBX)
  • American Funds Global Balanced 529C (CBFCX)
  • American Funds Global Balanced 529E (CBFEX)
  • American Funds Global Balanced 529F1 (CBFFX)

GBLAX Portfolio 

The equities breakdown is as follows. Top 4 sectors are healthcare, financials consumer discretionary, and consumer staples. Top 3 industries include tobacco, pharmaceuticals, and oil & gas fuels. Top 5 stocks are Novartis, Amgen, Verizon Communications, Altria, and SSE.

More: Best American Funds

The fixed incomes breakdown is as follows. Top 3 bond holdings are Non-US government/agency securities, US government/agency securities, and corporate bonds. Top 3 regions are United States, Europe, and Asia Pacific Basin.

Pros:
  • This American Funds Global Balanced Fund is ranked high by Morningstar.
Cons:
  • The expense fee is higher than index fund.
  • The class A fund has a sales load.

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