AFMBX Mutual Fund — American Funds American Balanced Fund® Class F-3

American Funds American Balanced Fund® Class F-3 (AFMBX)

Updated October 2, 2026.

AFMBX is a Mutual Fund. its distribution rate is 7.58%, its trailing-12-month yield is 7.58%, its expense ratio is 0.25%. Dividend Vision Distribution Safety Score™ is 75/100 (Generally safe). Total return is 153.2% over the past 9.7 years, 138.1 points behind SPY at 291.3%.

At the current 7.58% distribution rate, a $10,000 investment would generate approximately $758 per year, or about $189.50 per quarter if the next payment matches the last regular one.

American Funds American Balanced Fund Class F-3 is a mutual fund that pursues a balanced strategy by investing in a diversified mix of common stocks, investment-grade bonds, and U.S. government securities, with additional exposure to dividend-paying stocks and international securities. The fund carries a modest distribution rate and makes quarterly distributions, with a low expense ratio of 0.25%. It appeals to investors seeking a core portfolio holding that combines equity growth potential with bond stability and income generation.

AFMBX performance versus SPY

Price and return data through 2026-10-02.

Total return is 153.2% over the past 9.7 years, 138.1 points behind SPY at 291.3%. Over the past year its total return — price change plus distributions reinvested — is 10.8%. Its deepest 1-year drawdown was 7.0%.

AFMBX key facts

Distribution Safety Score™

75 · Generally safe

Safety-Adjusted Yield

5.68%

Issuer

Capital Group

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.25%

Distribution rate

7.58%

Distribution frequency

Quarterly

Trailing yield

7.58%

Last close

$39.86 (as of 2026-10-02)

NAV

$39.72 as of 2026-09-30

Premium / discount

0.35% premium (price 2026-10-02, NAV 2026-09-30)

AUM

$135,335,960,576

Average volume

0.0

Last dividend

$0.14

Last ex-dividend date

09/14/2026

Last payment date

09/15/2026

Beta

0.96

P/E ratio

26.0097

How Dividend Vision calculates yield and returns

Distribution rate (7.58%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.58%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Group or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AFMBX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.0%.

Who may consider AFMBX — and who may not

It is a weaker fit for investors who need monthly cash flow (AFMBX pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Capital Group.