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Bet on These 3 Balanced Mutual Funds for High Returns
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Balanced funds offer investors with 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 to fixed income investments to stem losses.
American Century Balanced Investor (TWBIX - Free Report) seeks growth of capital and income for the long run. The fund invests around 60% of its assets in equity securities and rest of its assets in different fixed-income securities, including bonds. American Century Balanced Investor has returned 9.5% over the past year.
TWBIX has an expense ratio of 0.91% compared with the category average of 0.95%.
Schwab Balanced (SWOBX - Free Report) focuses on maintaining its objective by investing in a wide variety of affiliated Schwab and/or Laudus Funds. The fund invests 55-65% of its assets in equity securities and 35-45% of its assets in fixed income securities, and cash and cash equivalents. Schwab Balanced has returned 9.8% in the past year.
Zifan Tang is the fund manager of SWOBX since 2012.
Pax Balanced Individual Investor (PAXWX - Free Report) seeks income as well as conservation of capital. The fund also seeks capital growth for the long run. PAXWX uses multi-asset environmental, social and governance strategy for its investment purpose. It invests about 50-75% of its assets in equity securities and 25-50% of its assets in debt securities. Pax Balanced Individual Investor has returned 8.4% in a year.
As of June 2018, PAXWX held 8 issues, with 37.46% of its assets invested in Pax Core Bond Fund Institutional.
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Bet on These 3 Balanced Mutual Funds for High Returns
Balanced funds offer investors with 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 to fixed income investments to stem losses.
Below we will share with you three top-ranked balanced mutual funds. Each has earned 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 balanced mutual funds.
American Century Balanced Investor (TWBIX - Free Report) seeks growth of capital and income for the long run. The fund invests around 60% of its assets in equity securities and rest of its assets in different fixed-income securities, including bonds. American Century Balanced Investor has returned 9.5% over the past year.
TWBIX has an expense ratio of 0.91% compared with the category average of 0.95%.
Schwab Balanced (SWOBX - Free Report) focuses on maintaining its objective by investing in a wide variety of affiliated Schwab and/or Laudus Funds. The fund invests 55-65% of its assets in equity securities and 35-45% of its assets in fixed income securities, and cash and cash equivalents. Schwab Balanced has returned 9.8% in the past year.
Zifan Tang is the fund manager of SWOBX since 2012.
Pax Balanced Individual Investor (PAXWX - Free Report) seeks income as well as conservation of capital. The fund also seeks capital growth for the long run. PAXWX uses multi-asset environmental, social and governance strategy for its investment purpose. It invests about 50-75% of its assets in equity securities and 25-50% of its assets in debt securities. Pax Balanced Individual Investor has returned 8.4% in a year.
As of June 2018, PAXWX held 8 issues, with 37.46% of its assets invested in Pax Core Bond Fund Institutional.
To view the Zacks Rank and past performance of all balanced mutual funds, investors can click here to see the complete list of funds.
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