3 Top-Ranked Dreyfus Mutual Funds for Better Returns
Founded in 1951, Dreyfus Corporation invests its assets in mutual funds from different categories, including both equity and fixed-income funds. With nearly $252 billion assets under management as of December 31, 2016, Dreyfus is considered one of the leaders in investment management and distribution domain in the U.S.
Separately, its parent company, BNY Mellon seeks to offer a wide range of financial services including investment management, investment services and wealth management across 35 countries. BNY Mellon was established in 1784 by Alexander Hamilton and currently has nearly $1.6 trillion assets under management.
Below we share with you three top-rated Dreyfus mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)and is expected to outperform its peers in the future. Investors can click here to see the complete list of Dreyfus funds.
Dreyfus Disciplined Stock DDSTX seeks capital growth over the long-term. DDSTX invests the majority of its assets in large cap companies having market capitalization above $5 billion. The fund is expected to follow the weighting of the S&P 500 Index to invest in both value and growth stocks. Dreyfus Disciplined Stock returned 3.9% over the last three-month period.
As of January 2017, DDSTX held 65 issues, with 4.38% of its total assets invested in Alphabet Inc.
Dreyfus Short-Intermediate Muni Bond D DSIBX invests a bulk of its assets in muni bonds, which offer income free from federal income tax as well as preservation of capital. DSIBX focuses on investing in those municipal securities that are investment-grade rated and have maturities of around five years. Dreyfus Short-Intermediate Muni Bond D returned 1% over the last three-month period.
DSIBX has an expense ratio of 0.59% compared with the category average of 0.70%.
Dreyfus Mid Cap Growth FFRSPX seeks growth of capital by investing in mid-cap companies with strong growth potential. FRSPX invests the majority of its assets in shares of companies which fall within the range of the Russell Midcap Growth Index. The fund focuses on investing in both domestic and foreign companies. Dreyfus Mid Cap Growth F returned 6.5% over the last three-month period.
Todd Wakefield is one of the fund managers of FRSPX since 2013.
To view the Zacks Rank and past performance of all Dreyfus mutual funds, investors can click here to see the complete list of Dreyfus funds.
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