Top Performer Balanced Funds 2012As part of balanced fund, conservative-allocation mutual fund seeks to provide both capital appreciation and income for investors. It focuses its assets in 3 major areas: stocks, bonds, and cash. This fund has higher fixed income portion in its portfolio (about 50-70%). It also has lower risk than other balanced mutual funds such as aggressive allocation fund, moderate allocation fund, and world allocation fund.
The best performing funds are selected based on its year to date return. Its performance has been stellar for 2012. You can find the fund review, management information, expense fee, sales load, etc. I also provide the table for the fund performance below.
The 10 best performing conservative allocation mutual funds 2012 are:
- API Efficient Frontier Income Fund
- JPMorgan Income Builder Fund
- Thrivent Diversified Income Plus Fund
- Toews Hedged Growth Allocation Fund
- Principal Global Global Diversified Income Fund
- IMS Strategic Income Fund
- Pioneer Multi Asset Income Fund
- Kinetics Multi-Disciplinary Advisor Fund
- Franklin Income Fund
- Natixis Diversified Income Fund
The API Efficient Frontier Income fund objective is to provide regular income with limited credit risk. It has 12-month dividend yield of 6.67%. This high dividend yield is distributed monthly. The last dividend is paid on August 2012 in the amount of $0.06 per share.
This balanced fund has annual expense ratio of 1.56%. The average duration of this fund is 6.14 years. The alpha and beta for this fund is 6.79% and 0.91%. The other classes are Class L (AFFIX) and Class Institutional (APIIX).
More: Best Target Date 2000-2010 Mutual Funds 2012
This best performing conservative allocation fund has 5-year annualized return of 10.77%. The YTD return is 14.72%. It has 3-stars rating from Morningstar. The top 10 holdings as of June 2012 are SPDR Barclays Capital High Yield Bond (JNK), iShares IBoxx High Yield Corporate Bond (HYG), Annaly Capital MGT Inc, PowerShares High Yield Corporate Bond, PowerShares Build America Bond, SPDR Barclays Short Term High Yield Bond (SJNK), PowerShares Emerging Markets Sovereign Debt Portfolio,iShares S&P Preferred Stock, Ares Capital Corp (ARCC) and PowerShares Financial Preferred (PGF).
JPMorgan Income Builder A (JNBAX)
The JPMorgan Income Builder fund has total net assets of $3.52 billion. It utilizes its assets to buy a broad range of income-producing securities: stocks and bonds around the world. Rated with 3-stars, it is managed by Neill A. Nuttall since its inception in May 2007. You can buy this mutual fund with $1,000 initial investment. The annual expense ratio is 0.74%.
Based on the load adjusted returns, this conservative allocation fund has returned 4.94% over the past 5-years and 9.77% over the past 3-year. The YTD return of this fund is 11.18%. The top holdings as of August 2012 (out of 1507 total holdings) are Republic of Iraq (0.6%), HCA Inc (0.6%), Merck & Co Inc (0.6%), Hungary Government International Bond (0.6%) and Pfizer Inc (0.5%).
Thrivent Diversified Income Plus A (AAHYX)
This Thrivent Diversified Income Plus fund was introduced to public market in January 1997. It has recorded 8 years of positive return and 6 years of negative return. It also has 4-stars rating from Morningstar. The dividend yield is 3.90%. This fund has high annual holdings turnover rate (126.00%) as per September 18, 2012. The total net assets are $290.36 million.
The benchmarks of this fund are S&P 500 Index and Barclays U.S. Corporation High Yield Bond Index and Barclays U.S. Corporation Investment Grade Index and S&P 500 Dividend Aristocrats Index and Barclyas Aggregate Bond Index. The top holdings are Federal National Mortgage Association 15-year Pass Through (2.33%), Chevron Corporation (1.10%), Exxon Mobil Corporation (0.91%), Solar Capital Ltd (0.88%) and Alerian MLP ETF (0.85%).
Toews Hedged Growth Allocation (THGWX)
This Toews Hedged Growth Allocation fund has 0.13% dividend yield. Its expense ratio is 1.25% per year. This conservative allocation fund has annual holdings turnover rate of 388.00% as of September 2012. This is much higher compared to the average in the category (69.93%). The fund has total net assets of $21.70 million.
The fund’s YTD return is 8.48%. Last year, the fund recorded in -15.64%. The load adjusted returns rate is 0.48% for 1-year. The CUSIP of this fund is 66537V369.
Principal Global Diversified Income A (PGBAX)
Morningstar analysts rated this Principal Global Diversified Income fund with 5-stars and Neutral rating. It has a yield of 5.14%. The total net assets are $4.75 billion. The most recent dividend was distributed in August 2012 ($0.06). The annual expense ratio is 1.16%.
Top No Load Retirement Income Mutual Funds
Based on the load adjusted returns, this top performer balanced fund has returned 8.82% over the past 1-year and 12.54% over the past 3-years. The performance of this fund since its inception is 16.90% in 2010 and 39.74% in 2009. The top holdings are Enterprise Products Partners LP (0.72%), HSBC Holdings Pfd (0.62%), Plains All American Pipeline LP (0.57%), Williams Partners LP (0.56%) and Reynolds Group Issuer (0.55%).
Franklin Income A (FKINX)
As one of the popular conservative allocation fund, Franklin Income fund has total net assets of $65.84 billion. This Franklin Templeton fund was first introduced to public in 1948. The 12-month dividend yield is 6.41% and the last dividend was distributed in September 4, 2012 ($0.01). Franklin Income fund invests mainly in a diversified portfolio of debt and equity securities.
For 2012, the year to date return is 9.35%. It has 5-year annualized return of 3.82%. Since its inception, the fund has 51 years of positive return. The other classes of this best performing conservative allocation fund are Class C (FCISX), Class R (FISRX) and Advisor Class (FRIAX).
The top 5 stock holdings are Merck & Company Inc (1.95%), Wells Fargo & Co (1.60%), General Electric Co (1.53%), Roche Holdings AG (1.34%) and Johnson & Johnson (1.21%).
Disclosure: No Position
Fund Performance
| No | Fund Description | Ticker | Rating | YTD Return (%) | Expense Ratio (%) | Total Assets (Mil) |
|---|---|---|---|---|---|---|
| 1 | API Efficient Frontier Income A | APIUX | 3 | 17.24 | 1.56 | 334 |
| 2 | JPMorgan Income Builder A | JNBAX | 3 | 14.1 | 0.74 | 3730 |
| 3 | Thrivent Diversified Income Plus A | AAHYX | 4 | 13.86 | 0.97 | 303 |
| 4 | Toews Hedged Growth Allocation | THGWX | N/A | 13.54 | 1.25 | 23 |
| 5 | Principal Global Div Inc A | PGBAX | 5 | 13.46 | 1.16 | 5000 |
| 6 | IMS Strategic Income | IMSIX | 2 | 13.39 | 2.01 | 35 |
| 7 | Pioneer Multi Asset Income A | PMAIX | N/A | 13.12 | -- | 20 |
| 8 | Kinetics Multi-Disciplinary Advisor A | KMDAX | 2 | 13 | 1.74 | 51 |
| 9 | Franklin Income A | FKINX | 4 | 12.92 | 0.63 | 66937 |
| 10 | Natixis Diversified Income A | IIDPX | 4 | 12.24 | 1.13 | 124 |
The best performing conservative allocation mutual funds 2013 are:
- API Efficient Frontier Income fund (APIUX)
- Pioneer Multi Asset Income fund (PMAIX)
- Franklin Income fund (FKINX)
- JPMorgan Income Builder fund (JNBAX)
- Goldman Sachs Income Builder fund (GSBFX)
last update on 4/2/2013
No comments:
Post a Comment