Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio? - March 31, 2020
The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!
The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank covers over 19,000 mutual funds has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.
Let's break down some of the mutual funds with the highest Zacks Rank and the lowest fees.
Vanguard PRIMECAP Core Investor (VPCCX): 0.46% expense ratio and 0.45% management fee. VPCCX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. VPCCX has achieved five-year annual returns of an astounding 11.7%.
Dreyfus/Boston Small/Mid-Cap Growth Y (DBMYX): 0.64% expense ratio and 0.6% management fee. DBMYX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. DBMYX, with annual returns of 13.55% over the last five years, is a well-diversified fund with a long track record of success.
PIMCO StocksPLUS Absolute Return A (PTOAX) is an attractive large-cap allocation. PTOAX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. PTOAX has an expense ratio of 1.04%, management fee of 0.79%, and annual returns of 10.52% over the past five years.
So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.
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