2 Balanced Funds That Take the Edge Off Volatility
Bronze-rated MFS Total Return and MFS Global Total Return both should deliver over time.
Madeline Hume: Investors looking for a more balanced approach to the market in light of recent volatility should consider one of MFS's moderate allocation funds.
MFS Total Return and MFS Global Total Return both have 60% equity and 40% bond allocations, but there are key differences in where and how they invest. MFS Total Return typically invests most of its assets in the U.S. The equity portion has three strategies run by separate teams: two that invest in value stocks and one that invests in dividend-paying stocks. The bond sleeve hews closely to the Bloomberg Barclays US Aggregate Bond index, but with a slight tilt toward lower quality investment-grade bonds.
Madeline Hume does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.