|Last Price$31.41||Day Change (%)0.03%|
|Open Price$31.41||Day Change ($)0.01|
|Day Range31.41–31.41||52-Week Range27.67–32.11|
As of Fri 03/24/2017 | 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.
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?
These top managers continue to focus on higher-quality dividend-paying stocks in a market that has become more volatile of late.
Investors tend to capture more available returns in balanced funds due to a smoother ride.