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Top 5 Highest Yielding Balanced Mutual Funds
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ShareBy 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 the 5 highest yielding Zacks #1 ranked balanced mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all balanced funds, then click here.
| Mutual Fund | Yield |
| Natixis Income Diversified A | 3.24% |
| Ivy International Balanced A | 2.92% |
| Buffalo Balanced | 2.76% |
| MEMBERS Diversified Income A | 2.17% |
| T. Rowe Price Balanced | 2.16% |
Natixis Income Diversified A (IIDPX) seeks current income with a secondary objective of capital growth. The fund invests in equity and fixed-income securities which generate income. The fund seeks current income with capital growth as a secondary objective. It aims to holds a diversified portfolio of varied income generating securities. The balanced mutual fund returned 12.62% over the last one year period.
The balanced mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.19% compared to a category average of 0.90%.
Ivy International Balanced A (IVBAX) invests in equity and debt securities which are issued from mature economies in Europe and the Asia-Pacific region. The fund invests in companies of all sizes and in government securities rated investment grade. The balanced mutual fund has a ten year annualized return of 7.31%.
The Fund Manager is John C. Maxwell and he has managed this balanced mutual fund since 2009.
Buffalo Balanced (BUFBX) seeks capital growth over the long term with a secondary objective of current income. The fund invests in a mix of domestic common and preferred stocks, convertible securities, and debt. The fund’s debt investments may be rated as well as unrated. The balanced mutual fund has a five year annualized return of 4.56%.
As of June 2011, this balanced mutual fund held 85 issues, with 9.63% of its total assets invested in Fidelity Instl MM Fds Government I.
MEMBERS Diversified Income A (MBLAX) invests in a wide range of securities such as domestic and foreign bonds and common stock and money market securities. A maximum of 80% of its assets may be invested in bonds and up to 70% in stocks. The balanced mutual fund has a three year annualized return of 3.62%.
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 0.90%.
T. Rowe Price Balanced (RPBAX) seeks current income and capital appreciation. The fund utilizes around 65% of its assets to purchase domestic and foreign common stocks. The balance is used to acquire fixed income instruments. The balanced mutual fund returned 13.97% over the last one year period.
The Fund Manager is Edmund M. Notzon, III and he has managed this balanced mutual fund since 2005.
To view the Zacks Rank and past performance of all balanced mutual funds, then click here.
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.
Read the full analyst report on IIDPX
Read the full analyst report on IVBAX
Read the full analyst report on BUFBX
Read the full analyst report on MBLAX
Read the full analyst report on RPBAX
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| Market Summary | May 26, 2012 13:03 pm ET |
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