Vanguard Balanced Index Investor (VBINX - MF report) a Zacks Ranked #1 (Strong Buy) seeks 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. Vanguard Balanced Index Investor distributes dividends quarterly in March, June, September and December. Capital gains, if any, are distributed in December.

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond, Large Growth. Further, as of the last filing, Apple Inc.(AAPL), Exxon Mobil Corp Inc. (XOM) and Microsoft Corp. (MSFT) were the top holdings for VBINX.

The Vanguard Balanced Index Investor fund, managed by Vanguard Group, carries an expense ratio of 0.23. Moreover, VBINX requires a minimal initial investment of $3,000.

VBINX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.28%, 3 year 10.86%, and 5 year 10.25%. To see how this fund performed compared in its category, please click here.

VBINX’s performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 25% over the past 3 years, and in the 14% over the past 5 years.