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ABALX vs AMECX
Both ABALX and AMECX are mutual funds. ABALX has a higher 5-year return than AMECX (7.17% vs 5.47%). ABALX has a higher expense ratio than AMECX (0.57% vs 0.55%). Below is the comparison between ABALX and AMECX.
|Segment||U.S. Balanced: Allocation--50% to 70% Equity||U.S. Balanced: Allocation--70% to 85% Equity|
|Issuer||American Funds||American Funds|
The Fund seeks to provide conservation of capital, current income, and long-term growth of both capital and income. The Fund invests in a broad range of securities, including common stocks and investment-grade bonds. The Fund also invests in securities issued and guaranteed by the U.S. government.
Top 10 Holdings (18.62% of Total Assets)
|UnitedHealth Group Inc||UNH||2.87%|
|The Home Depot Inc||HD||2.23%|
|Berkshire Hathaway Inc A||BRK.A||1.86%|
|Philip Morris International Inc||PM||1.29%|
|United States Treasury Notes 2.25%||N/A||1.18%|
|Taiwan Semiconductor Manufacturing Co Ltd ADR||TSM.TW||1.12%|
|Johnson & Johnson||JNJ||1.03%|
The Fund seeks to provide current income and secondarily, capital appreciation by investing in a broad range of income-producing securities, including stocks and bonds. The Fund may also invest in equity type securities. Investment mix designed at providing above-average price stability.
Top 10 Holdings (17.85% of Total Assets)
|Merck & Co Inc||MRK||2.36%|
|JPMorgan Chase & Co||JPM||1.87%|
|United States Treasury Notes 2.62%||N/A||1.81%|
|CME Group Inc Class A||CME||1.72%|
|United States Treasury Notes 2.62%||N/A||1.56%|
|Verizon Communications Inc||VZ||1.54%|
|Lockheed Martin Corp||LMT||1.49%|