4 / 5 Stars
4 3 4 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#23 in Conservative Allocation
U.S. News evaluated 187 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 9.56 percent over the past year, 9.08 percent over the past three years, 12.18 percent over the past five years, and 5.89 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.8%|
|3 Years (Annualized)||9.1%|
|5 Years (Annualized)||12.2%|
|10 Years (Annualized)||5.9%|
The investment seeks regular current income, capital preservation and long-term capital appreciation. The fund invests primarily in a portfolio of equity and fixed income securities. It normally invests at least 25% of its total assets in common stocks and a variety of securities convertible into common stock such as rights, warrants and convertible preferred stock. The fund will invest at least 25% of its total assets in investment-grade fixed income securities such as U.S. government securities, corporate debt securities, other mortgage-backed securities, preferred stock and taxable municipal bonds. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Weitz Balanced Fund has an expense ratio of 1.10 percent.
Risk is High compared to funds in the same category according to Morningstar.