Top 5 Zacks#1 Ranked Balanced Funds - Best of Funds
2012年11月7日 - 2:06AM
Zacks
Investors seeking total return, both regular income and long
term capital appreciation, should include balanced funds in their
portfolio. Balanced funds are perhaps the most flexible and
actively managed category of mutual funds as their investments
offer exposure across a variety of asset classes and sectors.
Moreover, these funds not only seek to provide good returns during
favorable market conditions, but also provide protection against
substantial capital loss during difficult times.
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.
Wells Fargo Advantage Growth Balanced (NVGBX) seeks both
capital growth and current income. At present, the fund’s portfolio
consists of the different equity and fixed income of various master
portfolios. As per the fund’s “neutral” target allocation 655 of
its assets are invested in equities and 35% in bonds. The balanced
mutual fund returned 23.65% in the last one year period.
The balanced mutual fund has an expense ratio of 0.95% compared
to a category average of 1.00%.
Mairs & Power Balanced (MAPOX) focuses on acquiring
common stock, related convertible securities as well as
fixed-income securities. The fund focuses on acquiring investment
grade fixed-income securities with higher ratings. It may also
invest in convertible and non-convertible securities with lower
ratings. The balanced mutual fund returned 24.64% in the last one
year period.
As of December 2011, this balanced mutual fund held 209 issues,
with 2.71% of its total assets invested in 3M Co.
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 returned 19.66% in the last
one year period.
James T. Swanson is the fund manager and has managed this
balanced mutual fund since 2006.
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 returned 22.04% in the last
one year period.
The balanced mutual fund has an expense ratio of 1.50% compared
to a category average of 1.00%.
Davis Appreciation & Income A (RPFCX) seeks both
growth and income. The fund 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 returned 14.54%
in the last one year period.
Andrew Adams Davis is the fund manager and has managed this
balanced mutual fund since 1993.
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 at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(DIFAX): ETF Research Reports
(HOLBX): ETF Research Reports
(MAPOX): ETF Research Reports
(NVGBX): ETF Research Reports
(RPFCX): ETF Research Reports
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