Sponsored Links 
Top 5 Highest Yielding Balanced Mutual Funds
Print
ShareFor investors seeking both capital appreciation and regular income, balanced funds could be the best possible choice. These funds ensure that gains from the stock market are accompanied by relatively low levels of volatility since they combine the benefits of both stocks and bonds. This helps them to harness the benefits of a market upswing while protecting invested capital during difficult times. The better funds in this category keep the proportion of equity, debt and money market instruments flexible to further enhance these unique benefits.
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 | 3.29% |
| Buffalo Balanced | 3.11% |
| Members Diversified Income A | 2.08% |
| WesMark Balanced | 1.85% |
| Sit Balanced | 1.80% |
Natixis Income Diversified A (IIDPX) primarily 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 7.54% 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 0.88%.
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 three year annualized return of 14.33%.
As of September 2011, this balanced mutual fund held 90 issues, with 6.62% 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 ten year annualized return of 3.59%.
The Fund Manager is John H. Brown and he has managed this balanced mutual fund since 1998.
WesMark Balanced (WMBLX) seeks income and capital growth. The fund invests in a portfolio consisting of equity, fixed-income securities and money market instruments. It focuses on allocating its equity component to common stocks of large and mid-cap companies and may invest in ETFs. The balanced mutual fund has a five year annualized return of 4.05%.
The balanced mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.32% compared to a category average of 0.99%.
Sit Balanced (SIBAX) invests 35% to 65% of its assets in common stocks and 35% to 65% in fixed income securities. The fund purchases common stocks of growth-oriented firms whose capitalization is higher than $5 billion. It also invests in investment-grade debt securities. The balanced mutual fund returned 6.22% over the last one year period.
The Fund Manager is Roger J. Sit and he has managed this balanced mutual fund since 2008.
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 BUFBX
Read the full analyst report on MBLAX
Read the full analyst report on WMBLX
Read the full analyst report on SIBAX
Loading Stories...
|
||||||||||||||||||
More Zacks Resources
More Zacks Links
| Market Summary | May 26, 2012 18:19 pm ET |
-74.92