Best Performing Balanced Funds
These top hybrid funds are sorted based on its year to date performance up to July 1, 2012. Balanced funds invest in stocks, bonds, and cash. It may include common stocks, preferred stocks, convertibles, taxable bonds, municipal bonds, and short term instruments. The categories of balanced funds are world allocation, conservative allocation, moderate allocation, and aggressive allocation.
The YTD Top Performer Balanced Mutual Funds up to July 1, 2012 are:
- Fairholme Allocation (FAAFX)
- Columbia Marsico Flexible Capital A (CCMAX)
- Harbor Flexible Capital Inv (HIFLX)
- Strategic Latin America A (SLATX)
- Putnam Capital Spectrum A (PVSAX)
- Villere Balanced Inv (VILLX)
- JHancock3 Leveraged Companies A (JVCAX)
- AmericaFirst Quantitative Strategies A (AFIAX)
- Camelot Premium Return A (CPRFX)
- SEI Institutional Investment Trust Dynamic Asset Allocation A (SDLAX)
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| YTD Top Performer Balanced Funds of 2012 |
The Fairholme Allocation fund is a relatively new balanced fund. Its objective is to provide long term total return from income and capital growth. This Moderate Allocation fund utilizes its assets to purchase focused portfolio of investments in the equity, fixed-income and cash. Bruce R. Berkowitz is the fund manager. The total assets are $266 million. It also has an expense ratio of 0.75%.
This YTD top performer balanced fund doesn’t have a Morningstar rating yet. It has a year-to-date return of 11.28%. The top 3 sectors are surety insurance, multi-line insurance and diversified banks. The top 5 holdings are MBIA Inc, American International Group Inc, Sears Holdings Corp, Bank of America Crop, and Jefferies Group Inc.
Note: Berkowitz also managed other funds such as Fairholme Fund (FAIRX), and Fairholme Focused Income Fund (FOCIX).
2. Columbia Marsico Flexible Capital A (CCMAX)
As an aggressive allocation fund, Columbia Marsico Flexible Capital fund invests mainly in equity securities, fixed-income and cash equivalent investments. It has a sales load of 5.75%. The expense fee is 1.60% which is high. The portfolio turnover rate is 214%.
previous: Top Performer Balanced Funds of 2011
Investors can buy this hybrid fund with $2,000 initial funding. The balanced fund has a YTD return of 11.11%. The fund is introduced to investors on September 28, 2010. The top 3 stocks are Apple In, TJX Companies, and Lowe’s Companies Inc.
3. Harbor Flexible Capital Inv (Ticker: HIFLX)
The Harbor Flexible Capital fund has $18 million of total net assets. It uses its assets to buy stocks with growth potential, and fixed income. It may invest in high yield domestic and foreign bonds. The fund manager is A. Douglas Rao. The current yield is 0.20%.
As of July 1st 2012, its YTD return is 10.8%. There is no sales load. The top 5 sectors are technology, financial services, consumer cyclical, energy, and healthcare.
4. Strategic Latin America A (MUTF: SLATX)
The investment aim of Strategic Latin America fund is to provide income and long term capital appreciation. As a world allocation balanced fund, it has 0.55% yield. This top performer balanced fund invests in Latin America region stocks and bonds. Latin America includes Central America and South America excluding the Caribbean islands. Heiner Skaliks has managed this fund since 2010.
The YTD return is 10.79%. The top 3 holdings are Financiera Ind Sab De Cv 10%, Cemex, S.A.B. de C.V. ADR, and Cemex Fin 9.5%.
5. Putnam Capital Spectrum A (Ticker: PVSAX)
The Putnam Capital Spectrum fund invests in equity and fixed income securities. It may invest in floating and fixed rate bank loan, growth stocks, and value stocks. David Glancy is the fund manager. The dividend yield is 1.23%. You can buy this fund from 55 brokerages such as Fidelity, Schwab, Ameriprise Brokerage, TIAA-CREF Brokerage Services, Merrill Edge, etc.
new: Best No Load Moderate Allocation Funds of 2012
Morningstar has ranked this top performer balanced fund with 5 stars rating. The 3 year beta risk is 1.25. The investment style is mid blend. The top 4 stocks are DISH Network Crop, EchoStar Corp, Capital One Financial Corp, and Cubist Pharmaceuticals Inc.
Disclosure: No Position
Other Top Performer Balanced Funds
| No | Fund Description | Ticker | Category | YTD Return % | Expenses | Total Assets (Mil) |
|---|---|---|---|---|---|---|
| 1 | Fairholme Allocation | FAAFX | Moderate Allocation | 11.28% | 0.75% | 266 |
| 2 | Columbia Marsico Flexible Capital A | CCMAX | Aggressive Allocation | 11.11% | 1.60% | 190 |
| 3 | Harbor Flexible Capital Inv | HIFLX | World Allocation | 10.80% | 1.37% | 20 |
| 4 | Strategic Latin America A | SLATX | World Allocation | 10.79% | 1.74% | 27 |
| 5 | Putnam Capital Spectrum A | PVSAX | Moderate Allocation | 10.48% | 1.30% | 1038 |
| 6 | Villere Balanced Inv | VILLX | Moderate Allocation | 10.32% | 1.11% | 184 |
| 7 | JHancock3 Leveraged Companies A | JVCAX | Aggressive Allocation | 10.22% | 1.35% | 1 |
| 8 | AmericaFirst Quantitative Strategies A | AFIAX | Aggressive Allocation | 10.03% | 1.51% | 43 |
| 9 | Camelot Premium Return A | CPRFX | Moderate Allocation | 9.77% | 1.78% | 18 |
| 10 | SEI Instl Invt Dynamic Asset Allc A | SDLAX | Moderate Allocation | 9.72% | 0.50% | 565 |
| 11 | API Efficient Frontier Income A | APIUX | Conservative Allocation | 9.53% | 1.56% | 242 |
| 12 | SAAT Conservative Strategy Allc A | SMGAX | World Allocation | 9.51% | 0.12% | 30 |
| 13 | SAAT Defensive Strategy Allc A | STDAX | Moderate Allocation | 9.28% | 0.12% | 10 |
| 14 | HighMark Balanced Retail A | HMBRX | Moderate Allocation | 9.07% | 1.24% | 24 |
| 15 | Holland Balanced | HOLBX | Moderate Allocation | 9.02% | 1.50% | 26 |
| 16 | Mairs & Power Balanced Inv | MAPOX | Moderate Allocation | 8.50% | 0.79% | 219 |
| 17 | Wells Fargo Advantage Idx Asst Allo A | SFAAX | Aggressive Allocation | 8.48% | 1.15% | 675 |
| 18 | SAAT Moderate Strategy Allc A | SXMAX | Aggressive Allocation | 8.45% | 0.12% | 68 |
| 19 | Dodge & Cox Balanced | DODBX | Moderate Allocation | 8.38% | 0.53% | 11808 |
| 20 | PSI Strategic Growth A | FXSAX | World Allocation | 8.34% | 1.90% | 16 |
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