Staying on top of mutual fund news is important for investors. Below, we look at the most important mutual fund news from the past week.

Seeking Alpha recently published an article highlighting high yield utilities mutual funds. The article included the following funds:

• American Century Utilities Investor (BULIX)
• Prudential Jennison Utility A (PRUAX)
• Franklin Utilities A (FKUTX)

To read the full article, click here.

Zacks.com recently published an article highlighting balanced mutual funds for investors to diversify their portfolios. The article included the following funds:

• New Covenant Balanced Growth (NCBGX)
• Fidelity Balanced (FBALX)
• American Century Balanced Investor (TWBIX)
• Pax World Balanced Individual Investor (PAXWX)
• Vanguard Tax-Managed Balanced Admiral (VTMFX)

To read the full article, click here.

Fox Business recently published an article with suggested steps to take before buying a mutual fund. The steps included:

• Assess Your Situation
• Do Your Research
• Look For Specifics
• Set It and Forget It

To read the full article, click here.