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Previous: ALLIANCE BOND FUND INC, 24F-2NT, 1996-08-29 |
Next: WPG GROWTH & INCOME FUND, NSAR-A, 1996-08-29 |
AMERICAN BALANCED FUND, INC.
September 1, 1996 Supplement to Prospectus
dated March 1, 1996
The table on page 7 is amended to reflect the current portfolio counselors
as follows:
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
YEARS OF EXPERIENCE AS
INVESTMENT
PROFESSIONAL
(APPROXIMATE)
PORTFOLIO PRIMARY TITLE(S) YEARS OF WITH CAPITAL TOTAL
COUNSELORS FOR EXPERIENCE AS RESEARCH AND YEARS
AMERICAN BALANCED PORTFOLIO MANAGEMENT
FUND, INC. COUNSELOR (AND COMPANY OR
RESEARCH ITS
PROFESSIONAL, IF AFFILIATES
APPLICABLE) FOR
AMERICAN BALANCED
FUND, INC.
(APPROXIMATE)
Abner D.Goldstine Senior Vice 21 years 29 years 44 years
President of the
fund. Senior Vice
President and
Director, Capital
Research and
Management Company
J. Dale Harvey Vice President, Less than 1 year 5 years 7 years
Capital Research
Company+
Robert G. O'Donnell President of the 10 years (in 21 years 24 years
fund, Senior Vice addition to 14 years as a
President and research
Director, Capital professional
Research and prior to becoming
Management Company a portfolio
counselor for the
fund)*
Victor M. Senior Vice Less than 1 21 years 34 years
Parachini President, Capital year**
Research and
Management Company
Capital Research and Management Company has been the fund's investment adviser since July 26, 1975.
+Company affiliated with Capital Research and Management Company.
*Prior to July 26, 1975, Mr. O'Donnell was a research professional with American Express
Investment Management Company, the fund's previous investment adviser.
**Prior to July 26, 1975, Mr. Parachini was a portfolio counselor with American Express
Investment Management Company, the fund's previous investment adviser.
</TABLE>
Please keep this supplement with your copy of the Prospectus.
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