We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Buy These 3 Balanced Mutual Funds to Preserve Capital
Read MoreHide Full Article
Balanced funds offer investors the convenience of buying into a single fund rather than holding both equity and bond funds. This category of funds also reduces a portfolio’s volatility, while providing higher returns than pure fixed-income investments.
The fund managers also enjoy the flexibility of changing the proportion of equity and fixed-income investments in response to market conditions. An upswing may prompt them to hold a relatively higher share of equity to maximize gains, whereas a downturn will see them shifting loyalties toward fixed-income investments to stem losses.
AQR Managed Futures Strategy Fund allocates most of its net assets in commodities, currencies, fixed-income and equities. AQMIX invests in instruments like futures, futures-related instruments, forwards, swaps and index futures.
AQR Managed Futures Strategy Fund has three-year annualized returns of 14.3%. As of the end of September 2024, AQMIX had 865 issues with 90% of its net assets invested in short-term investment.
Fidelity Balanced Fund invests most of its net assets in stocks and other equity securities. FBALX also invests a small portion of its assets in high-yield debt securities or junk bonds and other lower-quality debt securities.
Fidelity Balanced Fund has three-year annualized returns of 4.9%. FBALX has an expense ratio of 0.48%.
Vanguard Wellington Fund invests more than half of its net assets in dividend-paying equity securities of large-cap companies. VWELX advisors also invest in fixed-income securities like investment-grade corporate bonds, government agency bonds, and mortgage-backed securities with the potential to generate current income.
Vanguard Wellington Fund has three-year annualized returns of 4%. Loren L. Moran has been one of the fund managers of VWELX since January 2017.
Image: Bigstock
Buy These 3 Balanced Mutual Funds to Preserve Capital
Balanced funds offer investors the convenience of buying into a single fund rather than holding both equity and bond funds. This category of funds also reduces a portfolio’s volatility, while providing higher returns than pure fixed-income investments.
The fund managers also enjoy the flexibility of changing the proportion of equity and fixed-income investments in response to market conditions. An upswing may prompt them to hold a relatively higher share of equity to maximize gains, whereas a downturn will see them shifting loyalties toward fixed-income investments to stem losses.
Below, we share with you three top-ranked balanced mutual funds, viz. AQR Managed Futures Strategy Fund (AQMIX - Free Report) , Fidelity Balanced Fund (FBALX - Free Report) and Vanguard Wellington Fund (VWELX - Free Report) . Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
AQR Managed Futures Strategy Fund allocates most of its net assets in commodities, currencies, fixed-income and equities. AQMIX invests in instruments like futures, futures-related instruments, forwards, swaps and index futures.
AQR Managed Futures Strategy Fund has three-year annualized returns of 14.3%. As of the end of September 2024, AQMIX had 865 issues with 90% of its net assets invested in short-term investment.
Fidelity Balanced Fund invests most of its net assets in stocks and other equity securities. FBALX also invests a small portion of its assets in high-yield debt securities or junk bonds and other lower-quality debt securities.
Fidelity Balanced Fund has three-year annualized returns of 4.9%. FBALX has an expense ratio of 0.48%.
Vanguard Wellington Fund invests more than half of its net assets in dividend-paying equity securities of large-cap companies. VWELX advisors also invest in fixed-income securities like investment-grade corporate bonds, government agency bonds, and mortgage-backed securities with the potential to generate current income.
Vanguard Wellington Fund has three-year annualized returns of 4%. Loren L. Moran has been one of the fund managers of VWELX since January 2017.
To view the Zacks Rank and the past performance of all balanced mutual funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>