American Funds Balanced Allocation Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, American Funds Balanced Allocation Portfolio held 14 positions with $4.00B in net assets. Its ten largest holdings made up 87.9% of the fund. Its share classes cost 0.66%–0.96% a year. Over the 12 months to May 2026, it returned 20.1%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
A balance between a high level of current income and growth of capital with a greater emphasis on growth of capital.
The fund invests substantially all assets in shares of other American Funds portfolios, with a target allocation of 65% to equity securities and 35% to fixed income securities. The equity portion emphasizes large-cap domestic stocks alongside foreign and smaller-cap U.S. companies, while the fixed income portion includes U.S. investment-grade bonds, up to 4% in high-yield bonds, and foreign fixed income securities. The adviser periodically rebalances the fund's broad asset class targets, which may shift by up to plus or minus 10% annually, and actual allocations can vary substantially from targets due to market movements and the multi-asset composition of the underlying portfolios.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
American Funds Insurance Series - The Bond Fund Of America | 12.79% | $511.79M | 53.9M | $9.50 |
American US Government Securities Fund | 10.07% | $403.08M | 33.9M | $11.88 |
AFIS Growth-Income Fund | 9.17% | $366.98M | 5.3M | $69.82 |
RIGGXInternational Growth and Income Fund | 8.81% | $352.59M | 7.1M | $49.67 |
AFIS Growth Fund | 8.69% | $347.84M | 2.5M | $138.25 |
RFNGXAmerican Funds Fundamental Investors | 8.15% | $326.21M | 3.2M | $103.53 |
AMCAP Fund | 8.14% | $325.93M | 7.0M | $46.63 |
American Funds Insurance Series - Washington Mutual Investors Fund | 8.13% | $325.40M | 18.3M | $17.80 |
RMFGXAmerican Mutual Fund | 7.11% | $284.41M | 4.4M | $64.33 |
International Fund/VIT | 6.82% | $273.16M | 11.7M | $23.39 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 14 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 68.19% |
| Bonds | 20.27% |
| Securitized | 7.71% |
| Cash & short-term | 3.85% |
| 2 smaller | 0.27% |
Look-through blends 14 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
C000063060 share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.98%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
American Funds Balanced Allocation Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.66% – 0.96%
- Portfolio turnover
- 8.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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