This balanced fund is also known as hybrid fund. This mutual fund invests in variety type of assets such as equities or stocks, bonds or fixed income, commodities (gold bullion), cash, preferred, convertible, etc. The fund assets may be allocated in US or foreign based depending upon its fund’s objective.
The Top 10 Balanced Mutual Funds for the past decade (2012 version) are:
 |
| Best Balanced Fund 2011 |
- Bruce (BRUFX)
- First Eagle Global A (SGENX)
- Permanent Portfolio (PRPFX)
- Waddell & Reed Asset Strategy A (UNASX)
- Loomis Sayles Global Equity and Income Y (LSWWX)
- Ivy Asset Strategy C (WASCX)
- FPA Crescent (FPACX)
- Berwyn Income (BERIX)
- GMO Global Asset Allocation III (GMWAX)
- ING T Rowe Price Cap Appreciation Portfolio S (ITCSX)
Best of the Best Fund | Bruce Fund (BRUFX)
As the top balanced fund, Bruce fund has returned 16.05% over the past decade. This moderate allocation balanced fund is also featured as the best balanced fund by Morningstar. It is rated with 5 stars rating. This hybrid fund invests in common stocks and bonds such as convertible and zero coupon government bonds. The fund’s manager is Robert B Bruce. Bruce is the president of Bruce & Co since 1974. This fund charges an expense ratio of 0.82% per year.
This Bruce fund also has a dividend yield of 4.10%. For the 2011, this fund has returned 5.50%. Investor can start investing with $1000 initial investment. There is no sales load and 12b1 fee for this fund. The fund has returned 9.57% over the past 1 year, and 22.11% over the past 3 year. The fund’s beta (3 year) is 0.88.
The fund’s top 5 equity sectors include: Healthcare, Consumer Cyclical, Utilities, Technology, and Industrials.
Second Best | First Eagle Global A (SGENX)
 |
| First Eagle Global Fund |
Matthew McLennan is the fund’s manager of this First Eagle fund. The fund’s yield is 1.37%. The annual expense ratio fee is 1.16%. This class A also charges a sales load of 5%. Investor can buy this fund with $2500 initial funding. This best fund is also rated with 4 stars rating by Morningstar.
Top Performer Target Date Mutual Funds 2011
This First Eagle Global fund has returned 12.99% over the past 3 year and 4.02% over the past 5 year. The fund’s performance over the long term has been outstanding. It has 35 years with positive return and 5 years with negative return.
The top 5 holdings of this SGENX fund include Gold Commodity, SECOM Co Ltd, Cisco Systems Inc, FirstEnergy Corp, and Keyence Corp.
The Third Best Balanced fund for the past decade
 |
| Permanent Portfolio fund |
This PRPFX fund also has a dividend yield of 0.60%. The expense ratio is 0.77%. As part of no load fund, this best balanced fund doesn’t charge any sales load to buy and sell this mutual fund. You can start invest with $1,000. This Permanent Portfolio fund is widely available from 91 brokerages such as TD Ameritrade, Merrill Lynch, Scottrade, Fidelity, and more. Morningstar also rated this fund with 5 stars rating.
Waddell & Reed Asset Strategy A (UNASX)
As world allocation balanced fund, the Waddell & Reed Asset Strategy fund invests in stocks, bonds, short term instruments of issuers around the world. It may also invest in precious metals and variety of foreign currencies. Morningstar has rated this fund with 4 stars rating.
This best fund is managed by Michael L Avery. The fund’s expense ratio is 1.14%. You can purchase this fund from 21 brokerages. The fund also has total net assets of $2.9 billion. It also has a front end sales load of 5.75%.
Other Top Balanced Funds | Ivy Asset Strategy, FPA Crescent, Berwyn Income
The other top balanced funds for the past decade include Loomis Sayles Global Equity and Income fund, Ivy Asset Strategy fund, FPA Crescent fund, and Berwyn Income fund.
The Loomis Sayles Global Equity and Income Y (LSWWX) fund is managed by Daniel Fuss since 1996. This fund is also rated with 4 stars rating by Morningstar. This World Allocation balanced fund doesn’t have any sales load and it has an expense ratio of 0.99%.
The next top balanced fund is Ivy Asset Strategy C (WASCX) fund. This WASCX fund’s manager is Michael L Avery. It has 1% deferred sales load. The fund’s expense ratio fee is 1.74%. The fund has returned 10.56% over the past 3 year and 5.95% over the past 5 year.
FPA Crescent (FPACX) fund has been featured in this MEPB Financial blog. It is also part of Kiplinger best 25 funds of 2011. This FPACX fund is categorized as moderate allocation balanced fund. This 5 star rated fund is managed by Steven Romick.
Berwyn Income (BERIX) fund is another top conservative allocation balanced fund. This 5 stars fund has a yield of 3.20%. The fund has total net assets of $1.3 Billion. This balanced fund invests in corporate bonds, US Treasury bills, bonds and notes, US Government debts, preferred stocks, asset backed securities, mortgage backed securities, municipal bonds, and dividend paying common stocks.
Disclosure: No Position
| No | Fund Name | Ticker | 10 Year Return % |
|---|---|---|---|
| 1 | Bruce | BRUFX | 16.05% |
| 2 | First Eagle Global A | SGENX | 12.08% |
| 3 | Permanent Portfolio | PRPFX | 11.15% |
| 4 | Waddell & Reed Asset Strategy A | UNASX | 9.66% |
| 5 | Loomis Sayles Global Equity and Income Y | LSWWX | 9.40% |
| 6 | Ivy Asset Strategy C | WASCX | 8.57% |
| 7 | FPA Crescent | FPACX | 8.49% |
| 8 | Berwyn Income | BERIX | 8.11% |
| 9 | GMO Global Asset Allocation III | GMWAX | 8.10% |
| 10 | ING T. Rowe Price Cap Appreciation Portfolio S | ITCSX | 7.87% |
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