About FOBAX
Tributary Balanced Fund Institutional Class is an actively managed mutual fund pursuing a balanced approach to capital appreciation and income. Designed for institutional investors, its primary objective is to provide growth and stability through a disciplined allocation among equities, fixed income securities, and cash equivalents. The fund typically invests between 25% to 75% of its assets in stocks and convertible securities, and allocates at least 25% to fixed income, allowing tactical shifts based on evolving market conditions. This flexibility enables the fund to adjust its exposure to stocks and bonds as risk and opportunities change, aiming to reduce the impact of market downturns and capitalize on volatility.
The portfolio is diversified across market capitalizations and sectors, with notable holdings in large technology companies and U.S. government securities. The fund adheres to a moderate allocation strategy, seeking to balance the preservation of capital with potential for appreciation, and is classified within the moderate allocation category by industry standards. With a history dating back to 1996 and a disciplined bottom-up security selection process, it is positioned as a core holding for institutions aiming for a mix of income and long-term growth while managing overall portfolio risk.
Fund Family Tributary Funds
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FOBAX
Share Class Institutional
Index Index is not available on Lipper Database
FOBAX had a total return of 9.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.28%.
