American Century Balanced Investor (TWBIX - Free Report) a Zacks Rank #2 (Buy) invests at least 60% of its assets in equity securities and the remainder in bonds and other fixed-income securities. The fund manager utilizes quantitative management techniques in a two-step process that draws heavily on computer technology.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Growth, Intermediate Bond and Large Value. Further, as of the last filing, ALPHABET INC, MICROSOFT CORP and APPLE INC were the top holdings for TWBIX.
The American Century Balanced Investor fund, managed by American Cent, carries an expense ratio of 0.90%. Moreover, TWBIX requires a minimal initial investment of $2,500.
TWBIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 3.12%, 3 year 4.87% and 5 year 8.10%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
TWBIX’s performance, as of the last filing, when compared to funds in its category was in the top 38% in 1 year, top 28% over the past 3 years, and in the 31% over the past 5 years.
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