Fund Description
Overview
- Combines stocks and bonds in one fund, with asset allocation determined by professionals
- Normally invests up to 75% of its total assets in equity securities and at least 25% in debt securities
- Sub-Adviser generally does not attempt to respond to short-term swings in the market by quickly changing the portfolio's characteristics
Investment Objective
The Fund seeks to maximize total return consistent with reasonable safety of principal by investing in a diversified portfolio of stocks, bonds and money market instruments.
|
|
Management Team
Christine Hurtsellers
Portfolio Manager
Managed Fund since 2009
Michael Hyman
Portfolio Manager
Managed Fund since 2009
Pranay Gupta, CFA
Co-Portfolio Manager
Managed Fund since 2010
Vincent Costa, CFA
Portfolio Manager
Managed Fund since 2009
Paul Zemsky, CFA
Portfolio Manager
Managed Fund since 2005
View Detailed Information
|
Most Recent Month-End
|
Most Recent Quarter-End
| As of 06/30/2010 |
YTD |
1 YR |
3 YR |
5 YR |
10 YR |
Inception
(04/1994) |
Gross
Exp. |
Net
Exp.1, 2 |
| Net Asset Value |
-1.36 |
+14.17 |
-6.69 |
-1.03 |
-0.09 |
+5.26 |
1.49% |
1.24% |
| With Sales Charge |
-6.99 |
+7.59 |
-8.50 |
-2.20 |
-0.68 |
+4.88 |
|
|
| As of 06/30/2010 |
YTD |
1 YR |
3 YR |
5 YR |
10 YR |
Inception
(04/1994) |
Gross
Exp. |
Net
Exp.1, 2 |
| Net Asset Value |
-1.36 |
+14.17 |
-6.69 |
-1.03 |
-0.09 |
+5.26 |
1.49% |
1.24% |
| With Sales Charge |
-6.99 |
+7.59 |
-8.50 |
-2.20 |
-0.68 |
+4.88 |
|
|
View Detailed Performance
Current Maximum Sales Charge: 5.75%
1 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information.
2 The expense limits will continue through at least October 1, 2010. Expenses are being waived to the contractual cap.
Past performance is no guarantee of future results. The performance quoted represents past performance. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SEC fund returns assume the reinvestment of dividends and capital gain distributions and include a sales charge. Net Asset Value fund returns assume the reinvestment of dividends and capital gain distributions. Total return for less than one year is not annualized. Results would have been less favorable if the sales charge were included.
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. May underperform Stock funds when stocks are in favor and underperform Bond funds when bonds are in favor. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. To the extent that the Fund invests in asset-backed, mortgage-backed or Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. Some U.S. Government Securities and Obligations are backed by the full faith and credit of the U.S. government, while others are not, although the shares of the Fund are neither guaranteed or backed by the U.S. government or any other government agency. High-Yield, Lower-Grade Debt Securities are highly speculative and more volatile. The Fund may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Other risks of the Fund include but are not limited to: Asset Allocation Risks; Convertible/Debt Securities Risks; Interest Rate Risks; Other Investment Companies Risks; Price Volatility Risks; Securities Lending Risks; and Portfolio Turnover Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.