Top 5 Zacks #1 Ranked Balanced Funds - Best of Funds
2012年11月22日 - 1:51AM
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.
Fidelity Balanced (FBALX) seeks to provide both capital
appreciation and income. Around 60% of the fund’s assets are
utilized to purchase equity securities. The balance is invested in
debt securities, including those of lower quality. The balanced
mutual fund has a three year annualized return of 10.61%.
The balanced mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 0.59% compared to a category average
of 0.99%.
AllianceBernstein Balanced Shares A (CABNX) invests in a
wide range of equity and debt instruments. 60% to 75% of its assets
are utilized to purchase stocks. Debt securities comprise 40% to
60% of its investments. The balanced mutual fund has a three year
annualized return of 11.6%.
The Fund Manager is Michael DePalma and he has managed this
balanced mutual fund since 2012.
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 has a three year annualized return of 10.29%.
As of September 2012, this balanced mutual fund held 2740
issues, with 15.34% of its total assets invested in S+p 500 Index
Futures Dec12 Xiom
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 8.62%.
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 0.99%.
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 11.71%.
The Fund Manager is James T. Swanson and he has managed this
balanced mutual fund since 2006.
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
(CABNX): ETF Research Reports
(DIFAX): ETF Research Reports
(FBALX): ETF Research Reports
(HOLBX): ETF Research Reports
(NVGBX): ETF Research Reports
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