Invests in a broad range of common stocks for capital appreciation and dividend income. Allocates to investment-grade bonds to provide stability and interest income. Now — the numbers.
This is an established company with proven profits.
Average growth of 19% a year over the last 4 years. Every year shown ended in profit.
The market pays 4,733.6× for every dollar this company earns in a year — a price that already assumes things go well.
No analyst target is on record for this company.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
Over the last 4 years, sales grew about 19% a year on average.
It pays out $3.02 per share each year — regular cash for whoever holds the stock.
The company’s market value is 4734 times its annual profit. Even a small disappointment could hit the price hard.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.