Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Having a hard time deciding which of these to commit to. Would be interested to hear from MFO what you all think. I have a position in VLAAX but am wondering which one to sign on for. New to MFO but I have really appreciated reading everyones comments about various mutual funds.
No, Jon, unless you got PRWCX mixed up with another fund, it has been closed to new investors for over six years.
But, I agree that VLAAX/VLAIX or JABAX/JBALX would be good alternatives. The reason I mention JBALX is that the fund, unlike VLAIX*, has a separate manager dedicated to the bond portion of the portfolio. I think that may be a not unimportant consideration in the current, seemingly rising interest rate environment.
*Added by edit: As msf has pointed out below, VLAIX also has separate bond managers. My mistake.
That important piece of information certainly increases my confidence in VLAIX.
Also just missing my "short list" threshold is NAINX, another AA OEF worthy of consideration in the 50%-70% cat given its Current-5yr performance.
FPURX is NOT on my "short list" as FBALX is IMO the choice between these two.
I prefer the L/M/S and G/B/V splatters and the slight/marginal 1-3-5-10-yr consistent outperformance of FBALX over FPURX.
That said, either one of these two is a great LT holding, AA choice, and coupled with others on my "short list," make for great core holdings in a balanced portfolio. If in doubt about FBALX vs FPURX, simply buy both at 50/50 weightings.
EDIT: BTW, I own all of the AA funds on my short list except JABAX. I have previously owned JABAX and VGSTX. I never owned FPURX. I reduced my AA holdings at EOY 2020 to just PRWCX, VLAAX, FBALX, VBIAX, FMSDX and VWIAX, all with just about the same allocations. Also, I've spent YEARS crunching AA fund options and the result of all of that time/research is these selected AA funds.
For the recent short term, in order to see who crashed most / least, who recovered and how quickly + much, and who compares with (and how, and who adds value over) AOR and AOM, go to
and from 2/20/20 to date, take a look at those three plus FPURX, VLAAX, VALIX and the long-closed PRWCX. I myself think Fido looks good here, shallower dip and higher recovery. As might AOM.