Low fees and solid equity investing give American Funds Global Balanced an edge. The fund earns a Morningstar Analyst Rating of Silver for its 13 cheapest share classes and Bronze for the six priciest share classes. Four share classes were downgraded from Gold, but the fund's Above Average People and Process Pillar ratings are unchanged.
Morningstar’s Fund Analysis GBLAX
Will GBLAX 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 GBLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GBLAX 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 GBLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.