American Funds Global Balanced Fd Cl F-1 (GBLEX)
American Funds Global Balanced Fd Cl F-1 operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Irvine, CA, US. The stock last traded at $43.45, up 0.16% on the session, giving a market capitalisation of $33.29B. Its beta of 0.92 implies it has historically moved less than the broad market.
This fund endeavors to achieve a harmonious balance among three primary objectives: fostering substantial long-term capital appreciation, diligently safeguarding invested principal, and providing a steady income stream. Operating as a globally diversified balanced portfolio, it strategically allocates capital across international equity and fixed-income markets. Stock selections prioritize opportunities for growth or dividend payouts, while debt securities are chosen with a focus on principal preservation and mitigating overall volatility. The fund's holdings are spread across various countries, ensuring that a minimum of 40% of its net assets originate from non-U.S. issuers. Additionally, under normal circumstances, at least 25% of its total assets will be committed to bonds and other debt instruments.
American Funds Global Balanced Fd Cl F-1 is most often compared with the following Financial Services names: