Vanguard Balanced Index Investor Fund (VBINX - MF report) a Zacks Rank #1 (Strong Buy) was created in November 1992 and is managed by The Vanguard Group. The objective of VBINX is to seek income and long-term growth of capital and income. VBINX’s assets are divided between indexed portfolios of stocks and bonds, with 60% of its assets in stocks and 40% in fixed-income securities. VBINX’s equity segment attempts to match the performance of the Wilshire 5000 Equity Index, an unmanaged index that covers all regularly traded U.S. stocks. VBINX’s bond segment attempts to match the performance of the Lehman Brothers Aggregate Bond Index, an unmanaged index that covers virtually all taxable fixed-income securities.
This Allocation Balanced product, as of the last filing, allocates their fund in five major groups; Intermediate Bond, Large Value, Large Growth, Small Value and Small Growth. Further, as of the last filing, Apple Inc., Alphabet Inc. and Microsoft Corporation were the top holdings for VBINX.
The Vanguard Balanced Index Investor fund, managed by Vanguard Group, carries an expense ratio of 0.22% and requires a minimal initial investment of $3,000.
VBINX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.36% and 5 year 8.01%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
VBINX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 8% over the past 3 years, and in the 10% over the past 5 years.
