The American Balanced Fund Class R-5 Shs (RLBFX) is a mutual fund that aims to provide a balanced investment approach by investing in a mix of stocks and bonds. It primarily focuses on large and established American companies, but may also include international investments. This fund is classified as Class R-5, which typically indicates a lower expense ratio and higher minimum investment compared to other classes. Overall, RLBFX offers investors a diversified portfolio with potential for long-term growth and income.