3 Balanced Mutual Funds Worth Betting On for Stable Returns

Balanced Funds Overview:

• Offer convenience of single fund investing, reducing volatility and providing higher returns than fixed-income investments.
• Fund managers can adjust equity and fixed-income proportions based on market conditions for optimal gains or loss mitigation.

Top-Ranked Balanced Mutual Funds:

• State Farm Balanced Fund (STFBX) invests in large and medium-cap companies with 6.0% three-year annualized returns.
• George Putnam Balanced Fund (PGEOX) focuses on bonds and stocks with 5.3% three-year annualized returns and a 0.47% expense ratio.
• Fidelity Balanced Fund (FBALX) invests in stocks, equity securities, and high-yield debt securities with 5.1% three-year annualized returns.

Investment Opportunities:

• Zacks Mutual Fund Rank #1 funds like STFBX, PGEOX, and FBALX are expected to outperform peers.
• Investors can access the complete list of balanced mutual funds for further research and investment decisions.

Zacks Investment Research Insights:

• Zacks experts highlight a company targeting millennial and Gen Z audiences with significant revenue growth.
• Director of Research identifies a potential stock pick with explosive upside, suggesting an ideal time for investment.