Zacks #1 Ranked Balanced Funds - Best of Funds
2012年9月11日 - 8:11PM
Zacks
By creating a diversified portfolio of both stocks and bonds,
balanced funds ensure that they harness the inherent strengths of
both classes of instruments. Most of the competently managed funds
in this category keep the proportion of assets invested in
different asset classes flexible and make adjustments in keeping
with prevailing market conditions. This ensures that fixed-income
securities protect the portfolio from losses during a downturn
while equity securities harness maximum gains from a rising
market.
Below we will share with you 5 top rated balanced mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund
to outperform its peers in the future. To view the Zacks Rank and
past performance of all balanced funds, investors can click here to
see the complete list of funds.
Holland Balanced (HOLBX) invests in both equity
securities and fixed income securities rated investment grade. The
fund focuses on acquiring common stocks and domestic government
securities and treasury inflation protected securities. A maximum
of 25% of its assets are invested in money market instruments of
high quality. The balanced mutual fund has a three year annualized
return of 9.34%.
The balanced mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.50% compared to a category average
of 1.00%.
MFS Diversified Income A (DIFAX) seeks current income,
with a secondary objective of capital growth. The fund invests in a
wide variety of equity and debt securities issued by domestic and
foreign entities. It may purchase convertible and emerging market
securities. The balanced mutual fund has a three year annualized
return of 14.13%.
James T. Swanson is the fund manager and has managed this
balanced mutual fund since 2006.
Davis Appreciation & Income A (RPFCX) invests in
common stock and preferred stock, bonds as well as cash. The fund
focuses on investing in domestic firms, but may also invest in
foreign companies. It selects common stock issued by growth
oriented companies, regardless of their size. The balanced mutual
fund has a three year annualized return of 9.91%.
As of June 2012, this balanced mutual fund held 50 issues, with
4.87% of its total assets invested in Tyson Foods Cv 3.25%.
MEMBERS Diversified Income A (MBLAX) seeks both income
and capital growth. The fund purchases a wide range of securities
such as common stocks, real estate securities, domestic and foreign
bonds, foreign stocks and money market securities. The balanced
mutual fund has a three year annualized return of 10.36%.
The balanced mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.10% compared to a category average
of 0.89%.
Ivy Balanced A (IBNAX) invests in a diversified portfolio
of equity, debt and short term instruments, the composition of
which depends on current market conditions. The fund focuses on
investing in large and mid-cap companies which pay regular
dividends. The balanced mutual fund has a three year annualized
return of 11.63%.
Cynthia P. Prince-Fox is the fund manager and has managed this
balanced mutual fund since 2003.
To view the Zacks Rank and past performance of all balanced
mutual funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank .
View All Zacks #1 Ranked Mutual Funds
(DIFAX): ETF Research Reports
(HOLBX): ETF Research Reports
(IBNAX): ETF Research Reports
(MBLAX): ETF Research Reports
(RPFCX): ETF Research Reports
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