Minding Virtual Nonverbal Cues, Getting Blogs to Pop up in Searches and Vital Website Elements
Kristan Wojnar, RCC™
|
We are exploring the topics of virtual nonverbal communication, getting your blogs to...
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 financials sector was this week’s top-performing area, up 3.60%, and up 4.92% on a year-to-date basis. This was led by top banks like JPMorgan (JPM) and Wells Fargo Co. (WFC), which are both up 5.05% and 4.58% for the week, respectively.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
International Equities – Like the U.S. markets, international equities were also a mixed bag this week. The MSCI Developed Index had a decrease of 1.16%, while the MSCI Emerging Index rose 0.36% for the week. Japan’s NIKKEI 225 had a decline after two weeks of big gains and is down 0.81% to close at 20,013.
Commodities – The commodity sector was also down, with the exception of copper. Crude oil decreased $1.83 per barrel and closed at $45.83 per barrel. The price of gold decreased $8 per troy ounce to close at $1,269. Copper, on the other hand, was up $0.08 for the week to close at $2.65.
Be sure to read our important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields all gained this week, a reversal from last week’s drop. The 2-year and 10-year Treasuries both increased 4 bps, while the 30-year Treasury yield increased 5 bps to 2.86%.
Municipal Bonds – Municipals remained relatively stable this week. The 2-year AAA-rated bonds increased 1 bps; the 10-year AAA-rated bonds remained flat; and the 30-year AAA-rated bonds increased 1 bps. Municipal bond funds returned to positive this week, with $871 million of inflows. The largest credit spread among Treasury and muni bonds widened to 55 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 | 3.04% | Zevenbergen Genea Institutional | ZVGIX | 10.79% | The fund's largest holding is Amazon, Inc. (AMZN), which is up over 31% on a YTD basis. |
International Equity | China Equities | 7.43% | Neuberger Berman Greater China Eq Instl | NCEIX | 11.64% | The fund invests in Chinese companies, with its largest holding in Alibaba Group Holdings Ltd (BABA,) which is up over 58% YTD. |
Commodities | Broad Basket | -0.31% | Direxion Indexed Cmdty Strategy A | DXCTX | 2.69% | This fund can go long in any commodity sector or remain flat (in cash) as a hedge. With oil down, this fund was heavy in cash but long in gold, which has increased. |
Taxable Bonds | Government Bonds | 3.27% | Vanguard Extended Duration Trs Idx Instl | VEDTX | 4.87% | Bonds with longer maturities are increasing more in value than shorter-term bonds. |
Municipal Bonds | Single State Municipal Bonds | 1.82% | Nuveen CA High Yield Municipal Bond C2 | NCHCX | 2.82% | With muni yields remaining relatively flat, California muni bond funds showed slight gains. |
The fund’s largest holding is in Housing Development Finance Corp Ltd (NSE:HDFC), which is up over 30% on a year-to-date basis.
Top 5 Performers
The following table provides the top-performing mutual funds on a YTD basis as of June 9, 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 |
---|---|---|---|---|---|---|---|
Wasatch Emerging India Institutional | WIINX | India Equities | 34.22% | 2.00% | 35.00% | $154 | Financial Services |
T. Rowe Price Global Technology | PRGTX | Global Equities | 33.59% | 0.90% | 54.60% | $4,370 | Technology |
Transamerica Capital Growth I | TFOIX | Large Cap Growth Equities | 32.23% | 0.94% | 61.20% | $718 | Technology |
Neuberger Berman Greater China Eq Instl | NCEIX | China Equities | 31.88% | 1.76% | 51.40% | $93 | Financial Services |
Morgan Stanley Inst Growth IS | MGRPX | Large Cap Growth Equities | 31.14% | 0.54% | 56.90% | $3,510 | Technology |
Receive email updates about best performers, news, CE accredited webcasts and more.
Kristan Wojnar, RCC™
|
We are exploring the topics of virtual nonverbal communication, getting your blogs to...
Justin Kuepper
|
Let’s take a look at a few key pieces of advice to stop...
News
Iuri Struta
|
Most equities have continued their rally these past two weeks, along with investment-grade...
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 financials sector was this week’s top-performing area, up 3.60%, and up 4.92% on a year-to-date basis. This was led by top banks like JPMorgan (JPM) and Wells Fargo Co. (WFC), which are both up 5.05% and 4.58% for the week, respectively.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
International Equities – Like the U.S. markets, international equities were also a mixed bag this week. The MSCI Developed Index had a decrease of 1.16%, while the MSCI Emerging Index rose 0.36% for the week. Japan’s NIKKEI 225 had a decline after two weeks of big gains and is down 0.81% to close at 20,013.
Commodities – The commodity sector was also down, with the exception of copper. Crude oil decreased $1.83 per barrel and closed at $45.83 per barrel. The price of gold decreased $8 per troy ounce to close at $1,269. Copper, on the other hand, was up $0.08 for the week to close at $2.65.
Be sure to read our important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields all gained this week, a reversal from last week’s drop. The 2-year and 10-year Treasuries both increased 4 bps, while the 30-year Treasury yield increased 5 bps to 2.86%.
Municipal Bonds – Municipals remained relatively stable this week. The 2-year AAA-rated bonds increased 1 bps; the 10-year AAA-rated bonds remained flat; and the 30-year AAA-rated bonds increased 1 bps. Municipal bond funds returned to positive this week, with $871 million of inflows. The largest credit spread among Treasury and muni bonds widened to 55 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 | 3.04% | Zevenbergen Genea Institutional | ZVGIX | 10.79% | The fund's largest holding is Amazon, Inc. (AMZN), which is up over 31% on a YTD basis. |
International Equity | China Equities | 7.43% | Neuberger Berman Greater China Eq Instl | NCEIX | 11.64% | The fund invests in Chinese companies, with its largest holding in Alibaba Group Holdings Ltd (BABA,) which is up over 58% YTD. |
Commodities | Broad Basket | -0.31% | Direxion Indexed Cmdty Strategy A | DXCTX | 2.69% | This fund can go long in any commodity sector or remain flat (in cash) as a hedge. With oil down, this fund was heavy in cash but long in gold, which has increased. |
Taxable Bonds | Government Bonds | 3.27% | Vanguard Extended Duration Trs Idx Instl | VEDTX | 4.87% | Bonds with longer maturities are increasing more in value than shorter-term bonds. |
Municipal Bonds | Single State Municipal Bonds | 1.82% | Nuveen CA High Yield Municipal Bond C2 | NCHCX | 2.82% | With muni yields remaining relatively flat, California muni bond funds showed slight gains. |
The fund’s largest holding is in Housing Development Finance Corp Ltd (NSE:HDFC), which is up over 30% on a year-to-date basis.
Top 5 Performers
The following table provides the top-performing mutual funds on a YTD basis as of June 9, 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 |
---|---|---|---|---|---|---|---|
Wasatch Emerging India Institutional | WIINX | India Equities | 34.22% | 2.00% | 35.00% | $154 | Financial Services |
T. Rowe Price Global Technology | PRGTX | Global Equities | 33.59% | 0.90% | 54.60% | $4,370 | Technology |
Transamerica Capital Growth I | TFOIX | Large Cap Growth Equities | 32.23% | 0.94% | 61.20% | $718 | Technology |
Neuberger Berman Greater China Eq Instl | NCEIX | China Equities | 31.88% | 1.76% | 51.40% | $93 | Financial Services |
Morgan Stanley Inst Growth IS | MGRPX | Large Cap Growth Equities | 31.14% | 0.54% | 56.90% | $3,510 | Technology |
Receive email updates about best performers, news, CE accredited webcasts and more.
Kristan Wojnar, RCC™
|
We are exploring the topics of virtual nonverbal communication, getting your blogs to...
Justin Kuepper
|
Let’s take a look at a few key pieces of advice to stop...
News
Iuri Struta
|
Most equities have continued their rally these past two weeks, along with investment-grade...
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...