Investors looking for exposure to both equity and fixed-income securities may consider balanced mutual funds. These funds offer higher returns than fixed-income investments with lower volatility. Managers adjust the proportion of assets based on market conditions, maximizing the benefits of both asset classes.

Top-ranked balanced mutual funds include PRPFX, ABALX, and VWELX. These funds have a Zacks Mutual Fund Rank #1 and are expected to outperform peers. PRPFX has 19.8% annualized returns, ABALX has 15%, and VWELX has 15.2% returns. Each fund has unique strategies for diversification and income potential.

Zacks experts have identified 5 stocks set to double, with potential gains of +100% or more in the coming year. These picks have previously seen significant increases, providing an opportunity for investors to benefit. Most of these stocks are under the radar, offering a chance to invest early for potential high returns.

Read more at Nasdaq: 3 Top-Ranked Balanced Mutual Funds Poised for Excellent Returns