T. Rowe Price Personal Strategy Income (PRSIX) is a potential starting point. PRSIX carries a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like size, cost, ...

For those willing to hold a mutual fund, FBALX is the best choice of these three funds and concurs with my prior Buy rating.

But in practice, it isn’t always that simple. For example, an actively managed mutual fund, which may create a lot of taxable ...