You said: I called D&C again today asking about what they are doing to address their large holdings of financial services stocks, which helped cause the fund to decline about 13%
In this week's SmartMoney magazine one of the writers commented that financial stocks and retail will probably be in the leading groups at the next up market....
As a retired guy, I tend to hold these balanced funds through thivk and thin because they hold up well in most down markets and are steady-Eddie's in good markets.... my kind of fund..
disclaimer: I won both D&C and Fido balanced in IRAs.....
Bob