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Value Line’s Balanced objective group is comprised of funds that at all times hold bonds and/or preferred stocks, in varying ratios to its common stock holdings, in order to maintain relatively greater stability of capital and income.  To be considered a Balanced fund in our system, funds must keep at least 25% of their assets in bonds/preferred stocks at all times. 

In the table below, we have listed 10 top-performing funds through July 31, 2009 that we follow in our Fund Advisor database.

10 Top Balanced Funds Performance

Fund Name

Ticker

% Year-to-date

Total Return

% 1 Month

Total

Return

% 3

Month

Total

Return

% 6 Month

Total

Return

% 5 Year

Total

Return

Annualized

Evergreen Diversified Capital Builder A

EKBAX

23.19

6.13

12.7426.96

20.27

-2.33

AdvisorOne Berolina

CLBLX

21.19

7.52

17.33

28.88

 

Lord Abbett Balanced Strategy

BLARX

20.03

7.09

16.32

25.35

6.62

Transamerica Value Balanced C

ITALX

19.85

5.10

10.81

25.39

1.90

Weitz Balanced

WBALX

19.63

5.94

7.97

22.46

1.16

Oppenheimer Quest Balanced A

QVGIX

19.56

9.09

18.51

24.28

-0.80

T. Rowe Price Personal Strategy Balanced

TRPBX

19.40

6.49

14.17

24.78

3.74

Putnam Asset Allocation: Balanced A

PABAX

19.39

6.48

14.93

23.32

1.25

AIM Basic Balanced A

BBLAX

18.87

8.00

13.40

26.80

-1.40

USAA Balanced Strategy

USBSX

17.96

5.59

19.40

25.20

 

0.02

Balanced  Objective Group

 

12.78

5.82

11.87

18.20

1.79

 

A fund with a high year-to-date (YTD) return is Evergreen Diversified Capital Builder A Fund (EKBAX).  This fund seeks long-term total return through capital growth and current income. The fund invests in a portfolio of equity and debt securities, whose proportion will change based on the portfolio manager’s assessment of economic conditions and investment opportunities.  It normally invests up to 25% of its assets in foreign equity and fixed income securities, and can invest up to 30% of assets in fixed income.  The equity portion of the fund may include common and preferred stocks of large companies, and can have market capitalizations within the range of the Russell 1000 Index.  Currently, this fund is is 59% stock, 7% convertibles, 26% bonds and 2% foreign.

Another fund with a high 2009 YTD return, and a very good five-year total return, is T. Rowe Price Personal Strategy Balanced Fund (TRPBX).  This fund seeks high total return over time consistent with an emphasis on both capital growth and income.  The fund pursues this objective by investing in a diversified portfolio, typically consisting of about 60% stocks, 30% bonds, and 10% money market securities. The fund generally seeks long-term gains. It will gradually shift its stock/bond/money market allocations to take advantage of market opportunities and changing economic conditions.  Also, the fund can hold up to 25% of its assets in foreign stocks and bonds. 

A third fund with an excellent 2009 YTD return is Oppenheimer Quest Balanced A Fund (QVGIX). This fund’s primary objective is growth of capital, with investment income as its second goal. The fund normally invests 50% or more of its total assets in common stocks of U.S. companies or companies with significant U.S. operations believed to be undervalued in the marketplace.  The fund may also invest in convertible securities and preferred stock. The fund also normally invests at least 25% of total assets in senior debt, and may invest up to 25% in lower-grade, high-yield debt. There are no limits on the amounts it can invest in foreign securities, however it normally does not expect to invest substantial amounts in this category. Finally, the fund can invest up to 5% of assets in securities of small, unseasoned companies.