Decent fund imho, but I think growth has had its time in the sun in recent years .... I think value is slowly coming back into vogue and would be more inclined to look there.
But if you want a solid LCB fund? Check out PRBLX, which I hold in my Roth IRA.

He's got a webcast coming up on the 11th. Like all of his 'casts, it's ostensibly about one of the Dbline oef's, DBLTX in this case, but he always spends most of the time on macro, econ indicators, and the direction of different debt classes. Since it's looking more and more like we could be on a big divide here between past and future, that's one I won't miss.
I also kinda wonder how he'll put his predictions of a wild ballooning in rates over the next couple of years in the current context.

Howdy @Crash
My last for this.......
You noted: "I found out she's got debts to pay."
This doesn't preclude not investing, yes? Had this household shunned investing in IRA's or 401k's because of debt, we wouldn't have as large a monetary smile, this 4th day of December, 2018.
So, with debt; one has bad debt (spends and doesn't pay down credit cards,etc.) or good debt (needs a vehicle for work which requires a monthly payment).
One of several key words with living, money and investing is "prudent". If this lady is prudent with spending habits, which means a "budget"; she may also invest some amount, correct?
We here at MFO have discussed this area of portfolio "suggestions" for many years; and it still remains that too often, not enough information is provided to be of consequence for a fruitful presentation.
--- For the below chart list and the funds within: all are within a moderate allocation range, with a prospectus of 50-70% equity, generally U.S. oriented. A range of loss for these funds during the market melt 10 years ago was more/less a -30 to -40%. The annualized total return for 15 years ranges from, +7.1% through 8.1%. Current yields range from 1.9% through 2.4%.
Almost a 20 year view of some of the "balanced" funds mentioned:
https://stockcharts.com/freecharts/perf.php?MAPOX,FBALX,JABAX,VBINX,ABALX,DODBX&p=6&O=011000
Lastly, a so called balanced fund has many names, too, yes?
Cest tout for this person. Chores call.
Catch

After several years of almost no year-end distributions, this year the tax man cometh. NAV is around $15.50 and the total distribution is estimated at about $1.65. Ouch. Still, it's hard to complain about the performance. The ETN, CAPE, does not make big distributions.
For a really tax-efficient, winning equity fund, check out AKREX.

Reviewed:
MAPOX PRWCX JABAX RPBAX VTMFX DODBX. This is not for me. Someone who's a babe in the woods wants to get a rather late start, saving/investing for retirement. I wanna KISS the whole thing. Keep it simple, stupid. A single fund should be fine, starting from scratch. DODBX is already where another individual has money, per my recommendation. Could be that I'll recommend that one for this other person too, since PRWCX is still closed. But starting at 50 years old may present both a challenge and opportunity to decide upon another. I'm starting to do some preliminary looking for her, is all.
I see RPGAX up there, but I've not looked at it yet. Thanks, guys.

TRP's RPGAX has an eclectic global mix plus some black box hedge fundyness if that's your thing. MFO reviewed it a few years ago.

"Still believe the market will hit 3000 by year end, but a bird in the hand is worth two in the bush. I done very well over the years, and can now completely relax and enjoy the fruits of my labor."
I find this remarkable because "enough" is such an elusive target for most of humanity; "enough" is always in perpetual motion. Even people surrounded by abundance seem to have a "shortage" outlook on things. Including me: I'm not sure I'll recognize "enough" until and unless I take my last breath and I'm still in the black. A tip of the hat to someone who feels he has achieved it.

The QQQ and international tech heavy stuff really took a beating over the past few months, that's for sure. I have another 10-15 years before I bail out myself. In 2019, I'm definitely dialing down my equity exposure.

@Ted: I was thinking along those lines when I read your post and honestly if I didn't need the income I'd be right there with you. Normally I am near 100% in the breach but over the past few years I have added bond funds and this year I have actually been accumulating cash as I've sold off my more risky assets. Fair seas old friend.

@Mark: Still believe the market will hit 3000 by year end, but a bird in the hand is worth two in the bush. I done very well over the years, and can now completely relax and enjoy the fruits of my labor.
Regards,
Ted :)

Interesting move for a guy who thinks the S&P will be at 3000 by years end. However there is nothing wrong with preserving capital or perhaps sanity in uncertain times.

Have held IHI for over two years, which replaced PJP in my retirement portfolio. Since I already had an overweight in health care (still do) I wanted a portion in this subsector. Have been very happy I did since it has outperformed pharma since purchased. I do have health care mutual funds for general exposure in addition.

FYI: While for the entire year thus far, the average US stock fund or ETF is showing small positive returns , if one looks at how most funds have done since late January, we see that generally there have been no gains, and even losses.
Ten months is a long period for stocks to have been stalled, especially considering how they did during the prior 5 years from 2013 through 2017. For example, looking at three major domestic stock index funds, we can see this visually:
Regards,
Ted
http://funds-newsletter.com/dec18-newsletter/dec18.htm

In my retirement accounts I've refunded to just over 10% retirement is 30 years away...

I use PRIDX. It's all over the map, with 12.5% in EM. I re-deployed profits earlier this year and am letting the principal ride. I held SFGIX for several years, almost since inception, but unloaded it.

Good point. The high expense ratios are sizable drag on performance, year after years.

I've read somewhere that, on average, for every 3 (or 4?) up-years for stocks there is one down-year.
The total market has been up every year (including this year, so far) since 2008.
And checking "BND" at M*, the total bond market is down 1.95% YTD, and the only time since BEFORE 2008 (which was an up-year) bonds were down was in 2013 at -2.10%.
I'm not sure what the concern is. Do most people really think that markets should only go up every year?

Just doing a little research on the RiverPark CMBS fund David profiled under "Your 2019 funds watchlist," and the fund history seems a little sketchy, or maybe just poorly reported/covered by the usual online suspects.
The fund's own fact sheet shows performance back to 2010, with a footnote saying that from mid-2010 thru Q3 '16, it was an interval (private) fund. So far, so good. Then, from the beginning of Q4 '16 to to Nov. 12, 2018, when it "was reorganized as an open-end mutual fund," it was something else. Per a brief mention in David's profile, it was apparently a CEF (?).
But M* reports results back to 2016 as if it had been an OEF all that time, but shows zero portfolio info on it, as if it's not a fund they covered until just recently. MarketWatch shows nothing but a current price, no history whatsoever, and Yahoo shows prices as an OEF back to Dec. 4, 2017 (huh?). I web-searched for a CEF that may have existed for the "missing" two years (Q4 2016 to Nov 12 this year) with no luck.
A mystery, then, at least to this kid.
Edit: okay, finally found a reference to what happened in 2016. RiverPark took over the private interval fund (technically closed-end, but not a publicly traded closed-end fund as most of us think of the term) and kept it going as a private interval fund until Nov. 12 this year.
I can't reconcile M* or Yahoo's coverage with the apparent reality, but then that's not an unusual thing. Suffice to say, the fund is now in a format that exposes the investor to liquidity risk, but with an attempt to provide a "quality" overlay to limit that risk. However, I'd think the history as a private fund is not 100% transferable to expectations for the brand new open-end fund.

My tax deferred accounts in total are down about .8% YTD 2018, pretty much zero change over 1 year.

That’s excellent @MikeM. Even T. Rowe’s fine conservative TRRIX (40/60) is off more than that at -.92% YTD. And their newly minted TMSRX (an attempt at running a hedge fund) has been on the skids since its inception in March. Off close to 4% last time I looked. They won’t get many takers with that kind of performance. (Unfortunately, I took the bait and own a small slice of it.)
Like you, I’m off slightly this year. In recent years my down years were followed by pretty good years. Of course, could be different this time around.

Read about the "Sell in May" strategy directly from Stock Trader Alamac.
After reading one can decide for themselves if the strategy might be for them.
I have used the strategy in the past and found that it worked, for me, more times than not. I did not employ the strategy this past year as I have moved away from actively engaging the market myself although I still do invest in funds that do.
Currently, I am in the process of reducing equities and raising my exposure to both cash and bonds due to an age based rebalance now being 70+ years of age. And, it does seem to me with the high frequency trading systems now in place the markets are not as seasonal as they were in the past and are now more driven by news.
https://www.stocktradersalmanac.com/Strategy.aspx