|Last Price$31.72||Day Change (%)0.19%|
|Open Price$31.72||Day Change ($)0.06|
|Day Range31.72–31.72||52-Week Range27.67–32.11|
As of Fri 05/26/2017 | 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.
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?
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.
Investors tend to capture more available returns in balanced funds due to a smoother ride.