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Yahoo
30-05-2025
- Business
- Yahoo
Grab These 3 Balanced Mutual Funds for Excellent Returns
Balanced funds offer investors the convenience of buying a single fund rather than holding both equity and bond funds. This category of funds also reduces a portfolio's volatility while providing higher returns than pure fixed-income investments. The fund managers also enjoy the flexibility of changing the proportion of equity and fixed-income investments in response to market conditions. An upswing may prompt them to hold a relatively higher share of equity to maximize gains, whereas a downturn will see them shifting loyalties toward fixed-income investments to stem losses. Below, we share with you three top-ranked balanced mutual funds, namely George Putnam Balanced Fund PGEOX, State Farm Balanced Fund STFBX and Dodge & Cox Balanced Fund DODBX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds. George Putnam Balanced Fund invests most of its net assets in a portfolio of bonds and common stocks. PGEOX advisors generally invest in common stocks of large-cap domestic companies with growth, value, or both characteristics. George Putnam Balanced Fund has three-year annualized returns of 8.9%. As of January 2024, PGEOX had 132 issues and 4.3% of its net assets invested in Microsoft. State Farm Balanced Fund invests most of its net assets in equity securities of preferably large and medium-cap companies. STFBX advisors consider large and medium-cap companies as defined by S&P Dow Jones Indices at the time of investment. State Farm Balanced Fund has three-year annualized returns of 7.4%. STFBX has an expense ratio of 0.14%. Dodge & Cox Balanced Fund seeks long-term growth capital appreciation along with current income by investing most of its net assets in a diversified portfolio of equity and debt securities in various proportions. DODBX advisors may also invest a small portion of their net assets in U.S. dollar-denominated equity or debt securities of foreign issuers traded in the United States but not part of the S&P 500 Index. Dodge & Cox Balanced Fund has three-year annualized returns of 8.3%. David C. Hoeft has been one of the fund managers of DODBX since January 2002. To view the Zacks Rank and the past performance of all balanced mutual funds, investors can click here to see the complete list of balanced mutual funds. Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >> View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (DODBX): Fund Analysis Report Get Your Free (PGEOX): Fund Analysis Report Get Your Free (STFBX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Cision Canada
23-05-2025
- Business
- Cision Canada
S&P Dow Jones Indices Announces Change to the S&P/TSX Canadian Dividend Aristocrats Index Français
TORONTO, May 23, 2025 /CNW/ - S&P Dow Jones Indices announces the following index change to the S&P/TSX Canadian Dividend Aristocrats Index as a result of the monthly dividend review. Change will be effective prior to the open of trading on Monday, June 2, 2025. For more information about S&P Dow Jones Indices, please visit ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 ® and the Dow Jones Industrial Average ®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit
Yahoo
23-05-2025
- Business
- Yahoo
S&P Dow Jones Indices Announces Change to the S&P/TSX Canadian Dividend Aristocrats Index
TORONTO, May 23, 2025 /CNW/ - S&P Dow Jones Indices announces the following index change to the S&P/TSX Canadian Dividend Aristocrats Index as a result of the monthly dividend review. Change will be effective prior to the open of trading on Monday, June 2, 2025. S&P/TSX Canadian Dividend Aristocrats Index – June 2, 2025Symbol COMPANY DELETED BCE BCE Inc DELETED FSZ Fiera Capital Corporation For more information about S&P Dow Jones Indices, please visit ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit SOURCE S&P Dow Jones Indices LLC. View original content: Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Why Is Pegasystems (PEGA) Stock Soaring Today
Shares of enterprise workflow software provider Pegasystems (NASDAQ:PEGA) jumped 5.5% in the morning session after S&P Dow Jones Indices announced the company would be added to the S&P MidCap 400 before trading opens on Thursday, May 22, 2025. Being included in the index means that Pegasystems will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock. We note that while buying of the stock could increase, this development does not change the fundamentals of the company. Revenue growth, expense efficiency, and capital intensity of the business, for instance, are not impacted by index inclusion or exclusion, so this is more of a technical tailwind for the stock. Is now the time to buy Pegasystems? Access our full analysis report here, it's free. Pegasystems's shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 27 days ago when the stock gained 32.6% on the news that the company reported strong first-quarter 2025 results that significantly exceeded analysts' expectations on both revenue and EPS. Sales growth was underpinned by a 23% increase in Pega Cloud annual contract value and a 21% jump in backlog, both suggesting sustained momentum in client demand and deeper customer commitments. Zooming out, we think this was a solid quarter. Pegasystems is up 11.4% since the beginning of the year, and at $103.57 per share, it is trading close to its 52-week high of $112.29 from January 2025. Investors who bought $1,000 worth of Pegasystems's shares 5 years ago would now be looking at an investment worth $1,155. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Did your mutual fund outrank most others? Don't count on it to continue, S&P says
Very few Canadian actively-managed funds that deliver top-tier performance in one year have been able to maintain that outcome, according to data from S&P Dow Jones Indices. S&P's Persistence Scorecard tracks actively-managed funds' performance relative to their peers over consecutive years, as well as the funds' ability to consistently beat a benchmark for their category. The latest report, for the year ending December 2024, shows that of 169 total funds that ranked in the top 25 per cent in their categories in 2020, only two managed to stay in that upper quartile for the next four years. The results show that 'regardless of asset class or style focus, active management outperformance tends to be relatively short-lived, with few funds consistently outranking their peers,' the report says. The 2024 result is a slight improvement on the previous year, in which no funds in the top quartile in 2019 managed to stay in that tier for the next four years. The Persistence Scorecard is a companion to the S&P Indices Versus Active (SPIVA) Canada scorecard, which compares active fund managers' performance to benchmark indexes. For the 2024 results looking at performance over three consecutive years, only two of the eight Canadian small/mid-cap equity funds that were in the top 25 per cent in that category for 2022 were able to maintain that tier in 2023 and 2024 — the best outcome of the seven fund categories. No actively-managed U.S. equity funds (based in Canada) were able to maintain their tier over that period. For funds that beat their category benchmarks in 2022, persistence in the years after was also minimal. In 2022, 32 of 54 Canadian dividend and income equity funds beat the S&P/TSX Canadian Dividend Aristocrats Index in 2022 — or 59 per cent. Just one of those beat the benchmark in 2023, and was also able to do so in 2024. The numbers are similar in other fund categories, with just one or two of dozens beating the benchmark in three consecutive years, except in global equity and U.S. equity funds, where no funds outperformed for three years straight. Over a five-year period, maintaining a top-quartile position was even more difficult. Of the 15 Canadian dividend and income equity funds in the top 25 per cent in 2020, only two remained in the top quartile for the next four years. No funds in other categories were able to keep their top-quartile status. Using more forgiving terms, looking at funds that finished in the top 50 per cent offers some more positive results. Depending on category, between 16 and 32 per cent of funds managed to stay among the top half of similar funds in 2022, 2023 and 2024. On a five-year basis, however, those proportions fall. Of the 29 Canadian dividend and income equity funds ranked in the top half in 2020, only four were able to stay in that tier in 2021, 2022, 2023 and 2024 — at 13.79 per cent of the funds, the best outcome of any category. Just under 10 per cent of U.S. equity funds, just over four per cent of global equity funds and three per cent of Canadian equity and Canadian-focused equity funds were able to maintain top-half ranking for those five years. No Canadian small/mid-cap equity or international equity funds were able to do so. John MacFarlane is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jmacf. Download the Yahoo Finance app, available for Apple and Android.
