ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The best balanced funds

Updated on July 6, 2012

Balanced funds have an asset allocation within the fund

Balanced funds tend to have lower risk and lower rewards. Balanced funds are mutual funds that hold a mix of stocks, bonds and sometimes other assets in their portfolio. These funds seldom outperform the stock market in when the market is moving decidedly to the upside. Conversely these funds seldom drop as fast as the market during a crash. These mutual funds have an asset allocation within themselves. Most balanced funds hold somewhere from 30 to 70 percent in stocks and a similar percentage in bonds. Balanced funds can have very good performance records during times where the market has a number of ups and downs. Depending on the fund balanced funds can hold an array of assets ranging from real estate investment trusts to gold to debt in emerging markets.

Balanced funds are a nice alternative to investors who are risk averse. With a balanced fund the investor does not see the values of the stocks in the fund go down as much because the total value of the fund does not change as drastically due to the bond component. They are an attractive for those who do not wish to establish their own asset allocation and manage their own funds. Balanced funds are popular with people in retirement. Still other investors allocate a portion of their portfolio to balanced funds in addition to their normal asset allocation.

The best balanced funds

Leads to more cash for you!
Leads to more cash for you!

The author’s recommendation for balanced funds

Permanent Portfolio symbol PRPFX: This fund has performed very well and is up nearly 10 percent per year over the last ten years. At this time this fund has investments in gold, US treasury bonds, Swiss Franc assets, aggressive stocks and natural resource stocks.

The next fund has a great name and great performance. James Balanced Golden Rainbow Fund symbol GLRBX. This fund invests primarily in United States stocks and bonds. This fund is up over 6 percent per year over the last 10 years. The great feature of this fund is it has a good concentration in bonds most of which are short term. If you are seeking a conservative fund this fund may be the best for you.

Greenspring Fund symbol GRSPX. This fund also invests globally. This fund much like the others listed holds a blend of stocks and bonds. At this time the fund has a fair weighting in convertible bonds. This fund is up a full 8.7 percent per year over the last ten years. Since its inception in 1983 this fund has yielded a handsome 10.17 percent per year. ($1000 on July 1, 1983 is now worth $13,843!)

Oakmark Equity and Income Fund symbol OAKBX. This fund invests globally but tends to invest more heavily in the United States. At this time the fund has a significant weighting in energy and short term United States treasury bonds. This fund is up nearly 10 percent over the past 10 years.

GAMCO Westwood Balanced Fund symbol WEBAX. This fund invests 30 to 70 percent equities and 30 to 70 percent debt securities. Presently this fund has a good portion of its assets in energy. This fund is up just over 4 percent per year over the last 10 years.

Manning and Napier pro blend extended term series symbol MNBAX. This fund tends to stick with United States stocks and bonds but can have an international component. This fund has gained 6.31 percent per year over the past 10 years.

Balanced funds can provide the investor with stable returns. They can provide the investor with nice hands off approach to investing.

For most investors the author recommends the investor develop their own asset allocation and invest in the best funds in those asset classes. Once the investor has their asset allocation select the best small cap, best mid cap, large cap, global, bond, and even concentrated portfolio funds for their portfolio.

Fund Poll

Do you own any balanced funds?

See results

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)