The American Funds Growth and Income target-risk series, available through mutual funds and as model portfolios, uses impressive underlying strategies that complement each other well. Its cheapest share classes and models earn Morningstar Analyst Ratings of Silver. The more expensive mutual fund share classes receive Bronze or Neutral ratings.
Will BLPAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BLPAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BLPAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BLPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.