On March 1, 2021, Robert Neithart, a fixed-income manager for American Funds Global Balanced since 2011, will depart to focus on the firm's emerging-markets debt strategies. While his departure represents a loss, the fund's two remaining fixed-income managers, who will split Neithart's assets, are experienced investors, and the fund's topnotch managers running equity and balanced portfolios continue to drive its Above Average People rating.
American Funds Global Balanced R6 RGBGX
NAV / 1-Day Return
39.15
/
0.86
%
Total Assets
25.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.490%
Expense Ratio
0.490%
Fee Level
Low
Longest Manager Tenure
10.38
years
Category
World Allocation
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.61%
Turnover
83%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RGBGX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RGBGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RGBGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of RGBGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Manager's Impending Departure Doesn't Alter American Funds Global Balanced's Solid Prospects
