9 important things you should know about American Funds GBLCX mutual fund
Updated: December 01, 2021
Bull case

No bull case arguments.

Bear case
Low net assets
3-year return below the benchmark
5-year return below the benchmark
10-year return below the benchmark
High expense ratio
Sales load and/or distribution fees

Before we start: if you’re looking for GBLCX “stock” price, you can quickly find it out by visiting Finny and typing "GBLCX quote". If you’re looking for a quick scoop on GBLCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "GBLCX". You’ll get all this info in one place.

Are you looking to buy or sell GBLCX? Or perhaps you’re looking for GBLCX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this GBLCX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: GBLCX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: GBLCX buy or sell; the pros and cons of investing in GBLCX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to GBLCX.

And here is the list of questions we’ll answer:

  1. Describe American Funds Global Balanced Fund; Class C Shares (GBLCX).
  2. What are GBLCX holdings?
  3. What is GBLCX performance? What are GBLCX historical returns?
  4. What is GBLCX dividend yield?
  5. What is GBLCX minimum initial investment amount?
  6. Does GBLCX have any sales loads or 12b-1 distribution expenses?
  7. What is GBLCX Finny Score? GBLCX buy or sell?
  8. What are the pros of investing in GBLCX? What are GBLCX buy reasons?
  9. What are the cons of investing in GBLCX? What are GBLCX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Funds Global Balanced Fund; Class C Shares (GBLCX).

The Fund seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income. It will maintain at least 45% of its assets in common stocks and other equity investments and will also invest at least 25% of its assets in bonds and other debt securities.

2. What are GBLCX top holdings?

GBLCX has 126 stock holdings and 535 bond holdings.

The top 10 holdings represent 17.23% of total assets. Here are the top holdings:

Name Symbol % Assets
Broadcom Inc AVGO 2.83%
Microsoft Corp MSFT 2.21%
Netflix Inc NFLX 1.93%
Abbott Laboratories ABT 1.84%
E.ON SE EOAN.DE 1.50%
Gilead Sciences Inc GILD 1.46%
Facebook Inc A FB 1.42%
Alibaba Group Holding Ltd Ordinary Shares 09988 1.39%
Novartis AG NOVN 1.37%
Daiichi Sankyo Co Ltd 4568 1.28%

3. What is GBLCX performance? What are GBLCX historical returns?

GBLCX has generated the following returns:

  • 1-month return is -1.65%;
  • 3-month return is -0.65%;
  • 1-year return is -0.65%;
  • 3-year return is 10.07%;
  • 5-year return is 7.63%;
  • 10-year return is 7.25%.

4. What is GBLCX dividend yield?

GBLCX yield is 0.82%.

5. What is GBLCX minimum initial investment amount?

GBLCX minimum initial investment amount is $1.00K.

6. Does GBLCX have any sales loads or 12b-1 distribution expenses?

GBLCX 12b-1 distribution fee is 1. GBLCX front-end sales load is 0. GBLCX back-end sales load is 1.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

8. What are the pros of investing in GBLCX? What are GBLCX buy reasons?

We don't see any strong reasons to buy GBLCX.

9. What are the cons of investing in GBLCX? What are GBLCX negatives?

The following are GBLCX weaknesses from our perspective:

  • GBLCX net assets are $417.00 million. This fund is not a popular choice with retail investors.
  • GBLCX 3-year return is 10.07%, which is lower than the 3-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 12.33%.
  • GBLCX 5-year return is 7.63%, which is lower than the 5-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 9.88%.
  • GBLCX 10-year return is 7.25%, which is lower than the 10-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 9.05%.
  • GBLCX expense ratio is 1.57%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
In the GBLCX review, we covered GBLCX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.