The following are a list of some of best well known moderate allocation funds: 

Portfolio Performance Comparison (as of 2/10/2014):

Ticker/Portfolio Name YTD
Return**
1Yr AR 3Yr AR 5Yr AR 5Yr Sharpe 10Yr AR 10Yr Sharpe
FPACX (FPA Crescent) -1.1% 15.5% 8.8% 13.5% 1.37 8.0% 0.68
PRWCX (T. Rowe Price Capital Appreciation) -0.1% 17.1% 12.0% 17.3% 1.35 8.9% 0.54
DODBX (Dodge & Cox Balanced) -1.3% 20.8% 12.0% 17.5% 1.12 6.7% 0.36
OAKBX (Oakmark Equity & Income I) -2.7% 15.8% 9.2% 12.0% 0.97 7.9% 0.6
VILLX (Villere Balanced Inv) -3.2% 14.8% 15.8% 21.9% 1.24 8.5% 0.41
RIDAX (American Funds Inc Fund of Amer R1) -1.2% 12.6% 9.8% 14.3% 1.3 6.1% 0.41

**YTD: Year to Date

FPA Crescent’s manager Steve Romick is one of our long time favorite managers. He just won Morningstar’s manager of the year award for 2013. Congratulations!

Romick uses value investing principle to pick stocks that he invests for a long time (3 years and beyond). He also shorts stocks that he deems to be expensive. The short side usually amounts to about 10% or so of the whole portfolio. 

T. Rowe Price Capital Appreciation is a another solid fund that uses convertible bonds to boost returns. This approach is becoming more and more popular in the current low yield environment.