American Funds Balanced Allocation Portfolio
Data updated: 2026-08-27
C000063060 — American Funds Balanced Allocation Portfolio. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000063060 Fund Overview
American Funds Balanced Allocation Portfolio is a US mutual fund managed by Brighthouse Funds Trust I, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brighthouse Funds Trust I
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $4.00B
- 1-year return: 15.6%
- SEC CIK: 0001126087
- SEC series ID: S000021943
- Share class ID: C000063060
C000063060 Investment Objective and Strategy
American Funds Balanced Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust I.
Investment objective
A balance between a high level of current income and growth of capital with a greater emphasis on growth of capital.
Principal investment strategy
The Portfolio will invest substantially all of its assets in shares of the Underlying Portfolios, which are funds of the American Funds Insurance Series and other funds within the American Fund family that are not part of the American Funds Insurance Series. The Portfolio has a target allocation between the broad asset classes of equity and fixed income. Brighthouse Investment Advisers, LLC (BIA), the adviser to the Portfolio, establishes specific target investment percentages for the broad asset classes and the various components of each asset category. BIA determines these target allocations based on a variety of models and factors, including its long-term outlook for the return and risk characteristics of the various asset classes and the relationship between those asset classes. BIA then selects the Underlying Portfolios in which the Portfolio invests based on, among other factors, the Underlying Portfolios investment objectives, policies, investment process and portfolio analytical and management personnel.
Under normal circumstances, the Portfolio primarily invests in Underlying Portfolios that may hold large cap, small cap, mid cap or foreign equity securities and also invests in Underlying Portfolios that hold fixed income securities in accordance with target allocations of 65% to equity securities and 35% to fixed income securities. The following chart describes the target allocations, as of April 27, 2026, between equity and fixed income securities. You should note that these percentages do not directly correspond to investment in the Underlying Portfolios because each Underlying Portfolio may contain one or more asset classes ( e.g. , equity and fixed income) and each Underlying Portfolio may contain various subsets of an asset class ( e.g. , small cap, mid cap and foreign securities). Although the Portfolios investments in the Underlying Portfolios will be made in an attempt to achieve the target allocations, the actual allocations to equity and fixed income securities may vary from the Portfolios target allocations in the chart below.
Deviations from the asset class target allocations will affect the asset class subset target allocations. In addition, the Portfolios actual allocations could vary substantially from the target allocations due to market valuation changes. Asset Class Target Allocation* Equity 65% Domestic Equity 43.5% Foreign Equity 21.5% Fixed Income 35% U.S. Investment Grade 27.5% U.S. High Yield 4% Foreign Fixed Income 3.5% * Individual figures may not add up to the totals shown due to rounding. The Foreign Equity allocation shown above may be invested in foreign equity securities of any capitalization or country but primarily will be invested in larger capitalization companies of developed countries, and the Foreign Fixed Income allocation shown above may be invested in foreign fixed securities of any credit quality but primarily will be invested in investment grade debt.
The Portfolio seeks to achieve capital growth through its investments in Underlying Portfolios that invest in equity securities. These investments may include Underlying Portfolios that invest mainly in stocks of large established U.S. companies as well, to a lesser extent, in stocks of foreign companies and smaller U.S. companies with above-average growth potential. The Portfolio seeks to achieve current income through its investments in Underlying Portfolios that invest in fixed income securities. These investments may include Underlying Portfolios that invest exclusively in bonds of U.S. issuers. The Portfolio may invest in Underlying Portfolios that invest in U.S. and foreign investment-grade securities, as well as Underlying Portfolios that invest in high-yield, high-risk bonds (commonly known as junk bonds).
Periodically, BIA will evaluate the Portfolios allocation between equity and fixed income, inclusive of the exposure to various investment styles and asset sectors, relative to the Portfolios risk profile. It is anticipated that any changes to the targets for the broad asset classes will be, in any given year, within a range of plus or minus 10% from the current allocations. Concurrently, BIA will consider whether to make changes to the Portfolios investments in any of the Underlying Portfolios. For additional information about the Portfolios investment strategies, the names of the Underlying Portfolios in which the Portfolio may invest and where to find more detailed information about the Portfolios investments in the Underlying Portfolios, please see Additional Information about the Portfolios Investment Strategies in the Prospectus.
C000063060 Holdings
Top 10 holdings of American Funds Balanced Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Funds Insurance Series - The Bond Fund Of America | 12.78% |
| American US Government Securities Fund | 10.07% |
| AFIS Growth-Income Fund | 9.17% |
| International Growth and Income Fund | 8.81% |
| AFIS Growth Fund | 8.69% |
| American Funds Fundamental Investors | 8.15% |
| AMCAP Fund | 8.14% |
| American Funds Insurance Series - Washington Mutual Investors Fund | 8.13% |
| American Mutual Fund | 7.10% |
| International Fund/VIT | 6.82% |
C000063060 Portfolio Allocation
Asset-class allocation of American Funds Balanced Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
C000063060 Performance
Total returns for C000063060 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.4% |
| 1 year | 15.6% |
| 3 years (annualised) | 14.6% |
| 5 years (annualised) | 7.5% |
C000063060 Risk Information
Risk metrics for C000063060, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.7%
C000063060 Costs and Fees
C000063060 costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 0.66%
- Portfolio turnover: 8%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000063060 Cashflows
Over the 12 months to 2026-06, American Funds Balanced Allocation Portfolio had net outflows of $208.01M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $347.00M |
| 2026-05 | −$49.92M |
| 2026-04 | −$49.60M |
| 2026-03 | −$49.91M |
| 2026-02 | −$45.39M |
| 2026-01 | −$55.62M |
C000063060 Debt Constituents
No individual debt constituents are reported in American Funds Balanced Allocation Portfolio's latest SEC N-PORT filing.
C000063060 Prospectus and SEC Filings
Official American Funds Balanced Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.