There are 6 main balanced mutual funds. They are conservative allocation, moderate allocation, aggressive allocation, world allocation, convertibles, and target date portfolio. The conservative allocation fund objective is to provide income and capital growth through investment in equities, fixed incomes, and cash. This balanced fund has higher assets in bond portion than in stock portion.
These top performer conservative allocation funds are sorted based on its performance in 2012. The last update on this list was done on 6/8/2012. These best performers do not have a sales load. You can find the fund review below as well.
The YTD top performer No Load Conservative Allocation Mutual Funds of 2012 are:
- IMS Strategic Income (IMSIX)
- USAA Growth and Tax Strategy (USBLX)
- Teberg (TEBRX)
- VALIC Company II Cnsrv Gr Lifestyle (VCGLX)
- Toews Hedged Growth Allocation (THGWX)
- TCW Global Conservative Allocation N (TGPNX)
- Vanguard Tax-Managed Balanced Adm (VTMFX)
- Sector Rotation Fund (NAVFX)
This IMS Strategic Income fund objective is to seek income and capital growth. It uses its assets to purchase corporate bonds, government bonds, dividend paying common stocks, preferred, convertible, income trusts, money market and cash equivalent. Carl W. Marker is the fund manager. It has an expense ratio of 1.95% per year. The last 12 month yield is 10.1%.
This balanced fund has a year to date return of 5.92%. The 5 year average return is -2.89%. Morningstar has rated it with 3 stars rating. You can buy this fund with $5,000 initial investment for brokerage or IRA account.
2. USAA Growth and Tax Strategy (USBLX)
The USAA Growth and Tax Strategy fund invests most of assets in tax-exempt bonds, money market instruments, and blue chip stocks. This conservative allocation fund has $162 million of total assets. The expense ratio is 0.93%. It opens to new investors. The investment style is large blend.
This 3 star rated fund has a YTD return of 5.46%. The top 2 sectors are technology and financial services.
3. Teberg (MUTF: TEBRX)
The investment aim of Teberg fund is to maximize total return through income and capital appreciation. This balanced mutual fund is considered as a fund of funds. The fund is managed by Curtis A. Teberg. It also has a high portfolio turnover rate of 224%. The expense ratio is 3.10%.
The top 3 holdings of this mutual fund are Pionner High Yield A, JHancock High Yield A, and DWS High Income Institutional. The year-to-date return is 5.26%.
4. VALIC Company II Conservative Growth Lifestyle (VCGLX)
This VALIC Company II Conservative Growth Lifestyle fund invests in diversified portfolio securities with a lower risk level. The annual expense ratio is 0.92%. The fund’s dividend yield is 2.31%. As of May 2012, the top 3 holdings of its assets are VALIC Company II Core Bond, VALIC Company II High Yield Bond, and VALIC Company II Strategic Bond.
This conservative allocation balanced fund has returned 12.93% over the past 3 year, and 4.41% over the past 5 year. It is ranked with 5 stars by Morningstar. The best 1 year total return was achieved in 2009 with 20.89%. The 3 year beta risk is 0.80.
5. Toews Hedged Growth Allocation (Ticker: THGWX)
The Toews Hedged Growth Allocation fund has only 0.14% dividend yield. The total net assets are $19.8 million. Its expense ratio is 1.2%. Investors can purchase this conservative allocation balanced fund with $10,000 initial investment. The portfolio managers of this top performer balanced fund are Randall Schroeder and Phillip R Toews.
6. TCW Global Conservative Allocation N (TGPNX)
This TCW Global Conservative Allocation fund invests in a mix of fixed income funds and equity funds. It is rated with 4 stars. Its expense ratio is 1.52%. The annual holding turnover rate is 93.9%. The year-to-date return is 4.32%.
7. Vanguard Tax-Managed Balanced Adm (VTMFX)
The Vanguard Tax-Managed Balanced fund objective is to achieve a tax efficient investment return with federal tax exempt income, long term capital growth, and modest taxable income. Michael Perre and Michael G. Kobs are the fund managers. Morningstar has ranked this conservative allocation fund with 4 stars and gold rating.
8. Sector Rotation Fund (NAVFX)
Sector Rotation Fund is part of no load balanced fund. It has a minimum initial investment requirement of $2,500. Its expense ratio is 1.92%. The current yield is 2.96%. The top 3 sectors are consumer defensive, healthcare, and consumer cyclical.
Disclosure: No Position
Fund Performance
| No | Fund Description | Ticker | YTD Return % | Expense Ratio | Total Assets (million) |
|---|---|---|---|---|---|
| 1 | IMS Strategic Income | IMSIX | 5.92% | 1.97% | $34 |
| 2 | USAA Growth and Tax Strategy | USBLX | 5.46% | 0.93% | $162 |
| 3 | Teberg | TEBRX | 5.26% | 2.32% | $34 |
| 4 | VALIC Company II Cnsrv Gr Lifestyle | VCGLX | 4.80% | 0.10% | $169 |
| 5 | Toews Hedged Growth Allocation | THGWX | 4.56% | 1.25% | $20 |
| 6 | TCW Global Conservative Allocation N | TGPNX | 4.32% | 0.85% | $14 |
| 7 | Vanguard Tax-Managed Balanced Adm | VTMFX | 4.22% | 0.12% | $892 |
| 8 | Sector Rotation Fund | NAVFX | 4.03% | 1.65% | $24 |
| 9 | SAAT Core Market Strategy A | SOKAX | 3.84% | 0.11% | $82 |
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