Active allocation for a sustainable future.
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For 30 years, this dynamic allocation strategy has delivered our equity and fixed income expertise in a one-stop core solution.
NAV
$39.74
As of
06/01/2023
1-Day Change
$0.20 (0.51%)
As of
06/01/2023
YTD Return
6.51%
As of 06/01/2023
| Distribution Yield At NAV (As of 03/31/2023) | 1.67% |
|
30-Day SEC Yield - With Waivers (As of 04/30/2023) |
1.59% |
|
30-Day SEC Yield - Without Waivers (As of 04/30/2023) |
1.59% |
|
Distribution Frequency |
Quarterly |
| Inception Date | Sep 1, 1992 |
| Total Net Assets (As of 04/30/2023) | $23.49B |
| Gross Annual Expense Ratio (As of fiscal year end 09/30/2022) | 0.70% |
| Net Annual Expense Ratio (As of fiscal year end 09/30/2022) | 0.70% |
| Expense Estimator | |
|
Overall Rating
(Based on risk-adjusted returns) |
680 Funds Rated View All Ratings |
|
Category
|
Moderate Allocation |
| Morningstar Fee Level Group |
Moderate Allocation No Load (out of 139 funds) |
|
Equity Style Box
|
|
Head of U.S. Fixed Income | Portfolio Manager
Industry since 1993. Joined Firm in 2020.
| 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception (09/01/1992) |
|
|---|---|---|---|---|---|---|---|
| Balanced Fund - Class D Shares | 5.23 | 5.23 | -6.32 | 9.95 | 7.59 | 8.21 | 9.38 |
| S&P 500® Index | 7.50 | 7.50 | -7.73 | 18.60 | 11.19 | 12.24 | 9.91 |
| Bloomberg U.S. Aggregate Bond Index | 2.96 | 2.96 | -4.78 | -2.77 | 0.91 | 1.36 | 4.60 |
| Balanced Index | 5.45 | 5.45 | -6.10 | 8.82 | 6.83 | 7.49 | 7.80 |
| 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception (09/01/1992) |
|
|---|---|---|---|---|---|---|---|
| Balanced Fund - Class D Shares | 3.66 | 5.98 | 1.53 | 6.58 | 7.21 | 8.02 | 9.36 |
| S&P 500® Index | 5.75 | 9.65 | 2.92 | 12.92 | 11.01 | 11.99 | 9.93 |
| Bloomberg U.S. Aggregate Bond Index | 2.04 | 2.46 | -2.14 | -3.65 | 0.81 | 1.39 | 4.56 |
| Balanced Index | 4.07 | 6.37 | 0.92 | 5.44 | 6.70 | 7.37 | 7.79 |
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balanced Fund - Class D Shares | -16.59 | 17.19 | 14.33 | 22.52 | 0.63 | 18.51 | 4.51 | 0.60 | 8.46 | 19.72 |
| S&P 500® Index | -18.11 | 28.71 | 18.40 | 31.49 | -4.38 | 21.83 | 11.96 | 1.38 | 13.69 | 32.39 |
| RISK / REWARD VS. Balanced Index |
3YR | 5YR |
|---|---|---|
| Information Ratio | -0.75 | -0.21 |
| Alpha | -0.78 | 1.55 |
| Tracking Error | 6.13 | 7.20 |
| Beta | 0.69 | 0.64 |
| R-squared (%) | 95.87 | 95.23 |
| UP/DOWN MARKET CAPTURE (%) VS. Balanced Index |
3YR | 5YR |
|---|---|---|
| Up Capture Ratio | 65.68 | 65.17 |
| Down Capture Ratio | 73.66 | 64.46 |
| STANDARD DEVIATION | 3YR | 5YR |
|---|---|---|
| Balanced Fund | 12.71 | 12.24 |
| Balanced Index | 11.87 | 11.46 |
| SHARPE RATIO | 3YR | 5YR |
|---|---|---|
| Balanced Fund | 0.56 | 0.54 |
| Balanced Index | 0.46 | 0.49 |
| CLASS D SHARES | |
|---|---|
| Management Fees | 0.55% |
| Other Expenses | 0.15% |
| Total Gross Expenses | 0.70% |
| Waivers | 0.00% |
| Total Net Expenses | 0.70% |
Index represents the S&P 500® Index.
| % of Fund | |
| Microsoft Corp | 5.40 |
| Apple Inc | 3.41 |
| Alphabet Inc | 2.30 |
| Mastercard Inc | 2.25 |
| UnitedHealth Group Inc | 2.00 |
| United States Treasury Note/Bond, 3.50%, 02/15/33 | 1.65 |
| Progressive Corp | 1.48 |
| United States Treasury Note/Bond, 4.00%, 11/15/52 | 1.44 |
| United Parcel Service Inc | 1.41 |
| United States Treasury Note/Bond, 3.88%, 02/15/43 | 1.41 |
| Total | 22.75 |
| View full holdings | |
|
Number of Holdings Equity Issues |
67 | |
|
Number of Holdings Debt Issues |
593 | |
|
Market Capitalization Weighted Average |
$552.97B | |
|
Portfolio Turnover Rate (1-year trailing) |
89.44% | |
|
Price/Earnings Ratio (1-year forward) |
19.74 | |
|
Price/Book Ratio |
5.21 | |
|
Earnings Growth Rate (1-year forward) |
11.11% | |
|
Weighted Average Maturity (years) |
6.47 | |
|
Effective Duration (years) |
6.26 | |
|
Yield to Worst |
4.77% | |
|
Yield to Worst calculation excludes cash.
|
||
| Sector Allocation | % OF FUND | % OF FUND | (As of 04/30/2023) |
| Regional Allocation | % OF FUND | % OF FUND | (As of April 30, 2023) |
| Market Capitalization Range of Equity Holdings | % OF FUND | % OF FUND | (As of 04/30/2023) |
| Developed vs Emerging Markets | % OF FUND | % OF FUND | (As of April 30, 2023) |
| Maturity Breakdown of Fixed Income Holdings | % OF FUND | % OF FUND | (As of 04/30/2023) |
| Credit Quality of Fixed Income Holdings | % OF FUND | % OF FUND | (As of April 30, 2023) |
Our intellectual capital is readily available and central to our Knowledge Shared approach"
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