|Last Price$31.79||Day Change (%)0.13%|
|Open Price$31.79||Day Change ($)0.04|
|Day Range31.79–31.79||52-Week Range27.37–31.81|
As of Sat 02/24/2017 | USD
There are plenty of funds to like in our new allocation 50% to 70% equity Morningstar Category.
Top managers continue to find opportunities for some new-money purchases, while taking full advantage of a rising stock market to book gains in shares trading above their fair value estimates.
Top managers were finding new places to put money to work and adding to existing high-conviction ideas in the first quarter.
These top managers continue to focus on higher-quality dividend-paying stocks in a market that has become more volatile of late.
A group of top managers remains cautious and commits more capital to traditional defensive sectors, while taking advantage of a rising (and potentially overvalued) market to book some gains.
Is it chasing equities' returns, or prudently avoiding bonds?
Investors tend to capture more available returns in balanced funds due to a smoother ride.