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3 Top-Ranked Balanced Mutual Funds to Buy for Growth and Stability
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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.
Davis Appreciation And Income Fund invests most of its net assets in a balanced portfolio of common stock, convertible securities, preferred stock and bonds. RPFCX advisors may invest in securities issued by either domestic or foreign companies, irrespective of their market capitalization.
Davis Appreciation And Income Fund has three-year annualized returns of 20.1%. As of the end of January 2026, RPFCX had 33 issues with 6.8% of its net assets invested in Capital One Financial.
Fidelity Balanced Fund invests most of its net assets in stocks and other equity securities. FBALX also invests a 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 16.5%. FBALX has an expense ratio of 0.46%.
T. Rowe Price Balanced Fund invests most of its assets in a portfolio of stocks and fixed-income senior securities based on market conditions. RPBAX advisors may also invest in foreign issues.
T. Rowe Price Balanced Fund has three-year annualized returns of 14.1%. Christina Noonan has been one of the fund managers of RPBAX since January 2025.
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3 Top-Ranked Balanced Mutual Funds to Buy for Growth and Stability
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. Davis Appreciation And Income Fund (RPFCX - Free Report) , Fidelity Balanced Fund (FBALX - Free Report) and T. Rowe Price Balanced Fund (RPBAX - 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.
Davis Appreciation And Income Fund invests most of its net assets in a balanced portfolio of common stock, convertible securities, preferred stock and bonds. RPFCX advisors may invest in securities issued by either domestic or foreign companies, irrespective of their market capitalization.
Davis Appreciation And Income Fund has three-year annualized returns of 20.1%. As of the end of January 2026, RPFCX had 33 issues with 6.8% of its net assets invested in Capital One Financial.
Fidelity Balanced Fund invests most of its net assets in stocks and other equity securities. FBALX also invests a 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 16.5%. FBALX has an expense ratio of 0.46%.
T. Rowe Price Balanced Fund invests most of its assets in a portfolio of stocks and fixed-income senior securities based on market conditions. RPBAX advisors may also invest in foreign issues.
T. Rowe Price Balanced Fund has three-year annualized returns of 14.1%. Christina Noonan has been one of the fund managers of RPBAX since January 2025.
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.
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