News
Trending: Top Three Emerging Markets Equity Funds
Daniel Cross
|
These funds specifically invest in emerging market economies with the largest being China...
Welcome to MutualFunds.com
Please help us personalize your experience and select the one that best describes you.
Your personalized experience is almost ready.
Thank you!
Check your email and confirm your subscription to complete your personalized experience.
Thank you for your submission
We hope you enjoy your experience
The utilities sector was this week’s top-performing area, up 2.57%. The sector is up slightly over 10% on a year-to-date basis and is the third-best performing sector after information technology and the consumer discretionary sector. This is led by companies like NextEra Energy Inc. (NEE) that are up over 17% on a year-to-date basis.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
International Equities – International equities were also up this week. The MSCI Developed Index had an increase of 0.22%, while the MSCI Emerging Index had a larger increase of 2.18% for the week. After Japan’s NIKKEI 225 broke its four-week positive trend last week with a decline, it bounced back this week with an increase of 0.49% to close at 19,687.
Commodities – The commodity sector was a mixed bag this week, with crude oil decreasing $0.53 per barrel and closing at $49.80 per barrel. The price of gold increased for the second week in a row, up $15 per troy ounce to close at $1,268. Copper was down $0.02 for the week to close at $2.57.
Be sure to read our important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields saw no movement except for the 30-year. The 2-year and 10-year Treasury yields remained flat, while the 30-year saw a slight increase of 1 bps.
Municipal Bonds – Municipals declined across all maturities. The 2-year AAA-rated bonds dropped 2 bps, the 10-year AAA-rated bonds dropped 7 bps, and the 30-year AAA-rated bonds dropped 6 bps. Municipal bond funds also continued into the seventh week of net positive fund flows with over $344 million of inflows. The largest credit spread among Treasury and muni bonds widened to 51 bps for the 5-year securities.
Category | Top Subcategory | 1-Month Subcategory Return (%) | Top Subcategory Performer | Ticker | 1-Month Fund Return (%) | Performance Rationale |
---|---|---|---|---|---|---|
U.S. Equity Fund | Large Cap Growth | 3.01% | Zevenbergen Genea Institutional | ZVGIX | 11.10% | The fund's largest holding is Amazon, Inc. (AMZN), which is up over 32% on a YTD basis. |
International Equity | Europe Equities | 3.97% | Columbia Acorn European Z | CAEZX | 6.05% | The top holdings of the fund includes European companies such as Wirecard AG, which is up over 43% YTD. |
Commodities | Broad Basket | -0.17% | Cohen & Steers Active Cmdts Strat C | CDFCX | 0.55% | With commodities down for the year, this fund was protected by being invested in 96% cash as a hedge. |
Taxable Bonds | Emerging-Markets Local-Currency Bond | 1.64% | Barings Emerging Markets Local Ccy Dbt I | BXLIX | 3.18% | International bond prices went up this week, with emerging markets seeing the most gains. |
Municipal Bonds | High Yield Municipal Bonds | 1.28% | Dreyfus High Yield Municipal Bond Y | DHYYX | 2.17% | With muni yields declining, investors seem to prefer high-yield munis. |
With over 68% in technology, the fund is this year’s best-performing fund. Its largest holding is in Salesforce.com (CRM), which is up more than 32% YTD.
Top 5 Performers
The following table provides the top-performing mutual funds on a YTD basis as of May 26, 2017. Only those funds that are rated five stars by Morningstar and that generated YTD returns greater than equal to that achieved by the S&P 500 are included.
Top-Performing Fund | Ticker | Category | YTD Return (%) | Net Expense Ratio (%) | % of Assets in Top 10 Holdings | Net Assets $ (Millions) | Top Sector Invested |
---|---|---|---|---|---|---|---|
T. Rowe Price Global Technology | PRGTX | Global Equities | 30.69% | 0.90% | 54.60% | $4,370 | Technology |
Wasatch Emerging India Institutional | WIINX | India Equities | 29.57% | 2.00% | 35.00% | $154 | Financial Services |
Morgan Stanley Inst Growth IS | MGRPX | Large Cap Growth Equities | 29.16% | 0.54% | 56.90% | $3,510 | Technology |
Morgan Stanley Inst International Opp I | MIOIX | Foreign Large Cap Growth Equities | 29.14% | 1.34% | 49.30% | $138 | Technology |
Morgan Stanley Inst Global Opp I | MGGIX | Global Equities | 27.40% | 1.07% | 53.50% | $925 | Technology |
Receive email updates about best performers, news, CE accredited webcasts and more.
News
Daniel Cross
|
These funds specifically invest in emerging market economies with the largest being China...
Jayden Sangha
|
In this article, we will take a closer look at the upcoming initiatives...
Kristan Wojnar, RCC™
|
This week we are tackling the practice management topics of a client-centric approach,...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
The utilities sector was this week’s top-performing area, up 2.57%. The sector is up slightly over 10% on a year-to-date basis and is the third-best performing sector after information technology and the consumer discretionary sector. This is led by companies like NextEra Energy Inc. (NEE) that are up over 17% on a year-to-date basis.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
International Equities – International equities were also up this week. The MSCI Developed Index had an increase of 0.22%, while the MSCI Emerging Index had a larger increase of 2.18% for the week. After Japan’s NIKKEI 225 broke its four-week positive trend last week with a decline, it bounced back this week with an increase of 0.49% to close at 19,687.
Commodities – The commodity sector was a mixed bag this week, with crude oil decreasing $0.53 per barrel and closing at $49.80 per barrel. The price of gold increased for the second week in a row, up $15 per troy ounce to close at $1,268. Copper was down $0.02 for the week to close at $2.57.
Be sure to read our important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields saw no movement except for the 30-year. The 2-year and 10-year Treasury yields remained flat, while the 30-year saw a slight increase of 1 bps.
Municipal Bonds – Municipals declined across all maturities. The 2-year AAA-rated bonds dropped 2 bps, the 10-year AAA-rated bonds dropped 7 bps, and the 30-year AAA-rated bonds dropped 6 bps. Municipal bond funds also continued into the seventh week of net positive fund flows with over $344 million of inflows. The largest credit spread among Treasury and muni bonds widened to 51 bps for the 5-year securities.
Category | Top Subcategory | 1-Month Subcategory Return (%) | Top Subcategory Performer | Ticker | 1-Month Fund Return (%) | Performance Rationale |
---|---|---|---|---|---|---|
U.S. Equity Fund | Large Cap Growth | 3.01% | Zevenbergen Genea Institutional | ZVGIX | 11.10% | The fund's largest holding is Amazon, Inc. (AMZN), which is up over 32% on a YTD basis. |
International Equity | Europe Equities | 3.97% | Columbia Acorn European Z | CAEZX | 6.05% | The top holdings of the fund includes European companies such as Wirecard AG, which is up over 43% YTD. |
Commodities | Broad Basket | -0.17% | Cohen & Steers Active Cmdts Strat C | CDFCX | 0.55% | With commodities down for the year, this fund was protected by being invested in 96% cash as a hedge. |
Taxable Bonds | Emerging-Markets Local-Currency Bond | 1.64% | Barings Emerging Markets Local Ccy Dbt I | BXLIX | 3.18% | International bond prices went up this week, with emerging markets seeing the most gains. |
Municipal Bonds | High Yield Municipal Bonds | 1.28% | Dreyfus High Yield Municipal Bond Y | DHYYX | 2.17% | With muni yields declining, investors seem to prefer high-yield munis. |
With over 68% in technology, the fund is this year’s best-performing fund. Its largest holding is in Salesforce.com (CRM), which is up more than 32% YTD.
Top 5 Performers
The following table provides the top-performing mutual funds on a YTD basis as of May 26, 2017. Only those funds that are rated five stars by Morningstar and that generated YTD returns greater than equal to that achieved by the S&P 500 are included.
Top-Performing Fund | Ticker | Category | YTD Return (%) | Net Expense Ratio (%) | % of Assets in Top 10 Holdings | Net Assets $ (Millions) | Top Sector Invested |
---|---|---|---|---|---|---|---|
T. Rowe Price Global Technology | PRGTX | Global Equities | 30.69% | 0.90% | 54.60% | $4,370 | Technology |
Wasatch Emerging India Institutional | WIINX | India Equities | 29.57% | 2.00% | 35.00% | $154 | Financial Services |
Morgan Stanley Inst Growth IS | MGRPX | Large Cap Growth Equities | 29.16% | 0.54% | 56.90% | $3,510 | Technology |
Morgan Stanley Inst International Opp I | MIOIX | Foreign Large Cap Growth Equities | 29.14% | 1.34% | 49.30% | $138 | Technology |
Morgan Stanley Inst Global Opp I | MGGIX | Global Equities | 27.40% | 1.07% | 53.50% | $925 | Technology |
Receive email updates about best performers, news, CE accredited webcasts and more.
News
Daniel Cross
|
These funds specifically invest in emerging market economies with the largest being China...
Jayden Sangha
|
In this article, we will take a closer look at the upcoming initiatives...
Kristan Wojnar, RCC™
|
This week we are tackling the practice management topics of a client-centric approach,...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...