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American Balanced Fund (ABALX) proxy voting record 2026
Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.
The question on the ballot
As filed
American Balanced Fund files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.
SourceProxy-voting record filed by American Balanced Fund on 2026-08-28 · open the filing · vote table (proxytable.xml, 2 MB)
TickersABALX (Class A), RLBAX (Class R-1), RLBBX (Class R-2), RLBCX (Class R-3), RLBEX (Class R-4), RLBFX (Class R-5), BALCX (Class C), BALFX (Class F-1), CLBAX (Class 529-A), CLBCX (Class 529-C), CLBEX (Class 529-E), AMBFX (Class F-2) and 6 more · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes
How it voted, by issue
Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. Counted by this fund’s own filing alone, 1 of its 157 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 86.2% of the time across 130 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 42 | 0 | 0% |
| Workers & human rights | 10 | 0 | 0% |
| Pay equity & inclusion | 2 | 0 | 0% |
| Executive pay | 4 | 1 | 25% |
| Corporate governance | 62 | 31 | 50% |
| Other social issues | 37 | 1 | 2.7% |
Its filing lists 21 ballot items more than once, with different share counts (42 rows in all): parts of this fund’s shares were voted separately. Each such item is counted once here, with all of its shares, the way most of them were cast.
What it holds
The largest positions this fund reported, as a share of the fund. Your slice of each is that percentage of your balance.
| Company | % of fund |
|---|---|
| Capital Group Central Cash Fund | 4.41% |
| Broadcom Inc | 4.37% |
| Taiwan Semiconductor Manufacturing Co Ltd | 3.48% |
| Alphabet Inc | 3.44% |
| Capital Group Central Corporate Bond Fund Cl M (Ccbf Cl M) | 2.59% |
| Micron Technology Inc | 2.55% |
| Philip Morris International Inc | 2.27% |
| Microsoft Corp | 1.69% |
| Nvidia Corp | 1.56% |
| Eli Lilly and Co | 1.47% |
| Amazon.com Inc | 1.20% |
| Unitedhealth Group Inc | 1.19% |
SourcePortfolio holdings as reported by the fund for 2026-06-30 · open the filing
Ballots it voted
NVIDIA Corporation · 24 June 2026 · put on the ballot by shareholder · Climate & environment
Should Nvidia publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST American Balanced Fund voted with 31,052,397 shares
“Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the use of our sold products.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Lundin Mining Corporation · 7 May 2026 · put on the ballot by shareholder · Climate & environment
Should Lundin Mining publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST American Balanced Fund voted with 18,781,084 shares
“SP 1: Disclose Greenhouse Gas Emissions (GHG) Reduction Strategy”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Intel Corporation · 13 May 2026 · put on the ballot by shareholder · Workforce & human rights
Should Intel assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST American Balanced Fund voted with 29,214,801 shares
“Stockholder proposal requesting a report on Intel's human rights due diligence process.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights
Should Microsoft assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST American Balanced Fund voted with 17,678,859 shares
“Report on Data Operations in Human Rights Hotspots”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Coca-Cola publish what its inclusion policies actually do for its workforce?
Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.
AGAINST American Balanced Fund voted with 1,752,398 shares
“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Adobe disclose, or change, who sits on its board?
Shareholders asked the company to publish a board skills-and-diversity matrix, or to commit to a minimum representation of women among its directors.
AGAINST American Balanced Fund voted with 1,080,430 shares
“Stockholder Proposal Regarding Board Matrix.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Capital One Financial Corporation · 8 May 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Capital One Financial pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST American Balanced Fund voted with 5,326,723 shares
“Stockholder proposal to require a shareholder vote on golden parachute arrangements.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
Meta Platforms, Inc. · 27 May 2026 · put on the ballot by shareholder · Executive pay
Regarding annual vote regarding executive pay.
FOR American Balanced Fund voted with 3,322,693 shares
“A shareholder proposal regarding annual vote regarding executive pay.”

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceAmerican Balanced Fund, Form N-PX filed 2026-08-28 · accession 0001104659-26-102956 · series S000008801 · open the filing
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