BALFX — American Funds American Balanced F1
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The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.
Company profile
- Sector: Financial Services
- Industry: Asset Management
- Country: US
- Exchange: NASDAQ
- Employees: 1,900
- Website: https://www.mfs.com
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