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Trending: Top Three Emerging Markets Equity Funds
Daniel Cross
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These funds specifically invest in emerging market economies with the largest being China...
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The best-performing sector was utilities for the second week in a row, up 2.50% for the week, but it still remains negative on a year-to-date basis, down 1.95%. This sector consists of companies like NextEra Energy In (NYSE:NEE), which was up 3.79% for the week.
International Equities – The international markets were also down this week, with the MSCI Developed Market Index falling 0.95% to close at 1,980. The MSCI Emerging Market Index fell 2.26% to close at 1,088. Finally, Japan’s Nikkei 225 saw a loss of 1.47% to close at 22,517.
Commodities – The commodities markets were down this week, with the exception of crude oil, which gained $3.52 per barrel to close at $68.58. The price of gold decreased by $7 per troy ounce to close at $1,267. Copper prices saw a decrease of $0.12 and now trades at $3.03.
Be sure to read important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields were all down this week, with the 2-year Treasury decreasing by 1 bps to now yield 2.53%. The 10-year Treasury yield decreased 4 bps and now yields 2.87%. The 30-year Treasury decreased 2 bps to yield 3.02%.
Municipal Bonds – Municipal yields were also mostly down this week, with the exception of the 2-year AAA-rated bonds, which increased by 1 bps to yield 1.66%. The 10-year AAA-rated bonds saw a decrease of 1 bps, while the 30-year AAA-rated bonds decreased by 2 bps, to now yield 3.02%. Municipal bond fund flows remained positive this week for the third week in a row, as inflows increased to $236 million. The largest credit spread for the two-year securities increased to 87 bps for the week.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
Category | Top Subcategory | 1-Month Subcategory Return (%) | Top Subcategory Performer | Ticker | 1-Month Fund Return (%) | Performance Rationale |
---|---|---|---|---|---|---|
U.S. Equity Fund | Small Cap Growth Equities | 4.72% | Delaware Small Cap Growth Institutional | DSGGX | 9.62% | The fund's largest holding is Collegium Pharmaceutical Inc. (NASDAQ:COLL), which is up over 44% on a year-to-date basis. |
International Equity | India Equities | 1.19% | Eaton Vance Greater India I | EGIIX | 2.63% | India's stocks saw this week's largest increase. |
Commodities | Broad Basket | -4.42% | Catalyst Hedged Commodity Strategy A | CFHAX | -1.25% | With commodities and bond prices falling this week, this fund was protected since it had over 47% in cash. |
Taxable Bonds | Long Government | 3.08% | PIMCO Extended Duration Instl | PEDIX | 4.31% | With yields all falling this week, government bonds saw large gains. |
Municipal Bonds | High Yield Muni | 1.01% | Oppenheimer Rochester Shrt Dur HY Muni Y | OPIYX | 2.19% | High-yield bond funds saw the largest increase in price. |
One of the fund’s largest holdings is Veeva Systems Inc Class A (NYSE: VEEV), which is up over 49% on a year-to-date basis.
Top Five Performers
The following table provides the top-performing mutual funds on a YTD basis as of June 22, 2018. Only those funds that are rated five stars by Morningstar and that generated YTD returns greater than or equal to that achieved by the S&P 500 are included.
Name | Ticker | Category | YTD % | Net Expense Ratio | % of Assets in Top 10 Holdings | Total Assets $ (Millions) | Top Sector Invested |
---|---|---|---|---|---|---|---|
Alger Small Cap Focus Z | AGOZX | Small Cap Growth Equities | 28.79% | 0.90% | 31.90% | $1,140 | Technology |
Leland Thomson Reuters Vntr Cptl Idx I | LDVIX | Large Cap Growth Equities | 28.30% | 1.74% | 29.20% | $60 | Technology |
ClearBridge Select IS | LCSSX | Mid Cap Growth Equities | 25.23% | 2.02% | 23.70% | $98 | Technology |
Morgan Stanley Multi Cap Growth I | CPODX | Large Cap Growth Equities | 25.03% | 0.95% | 54.00% | $637 | Technology |
Virtus KAR Small-Cap Growth I | PXSGX | Small Cap Growth Equities | 24.43% | 1.25% | 49.10% | $3,670 | Technology |
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The best-performing sector was utilities for the second week in a row, up 2.50% for the week, but it still remains negative on a year-to-date basis, down 1.95%. This sector consists of companies like NextEra Energy In (NYSE:NEE), which was up 3.79% for the week.
International Equities – The international markets were also down this week, with the MSCI Developed Market Index falling 0.95% to close at 1,980. The MSCI Emerging Market Index fell 2.26% to close at 1,088. Finally, Japan’s Nikkei 225 saw a loss of 1.47% to close at 22,517.
Commodities – The commodities markets were down this week, with the exception of crude oil, which gained $3.52 per barrel to close at $68.58. The price of gold decreased by $7 per troy ounce to close at $1,267. Copper prices saw a decrease of $0.12 and now trades at $3.03.
Be sure to read important tips on how to invest in the right commodity-based mutual fund.
Taxable Bonds – Treasury yields were all down this week, with the 2-year Treasury decreasing by 1 bps to now yield 2.53%. The 10-year Treasury yield decreased 4 bps and now yields 2.87%. The 30-year Treasury decreased 2 bps to yield 3.02%.
Municipal Bonds – Municipal yields were also mostly down this week, with the exception of the 2-year AAA-rated bonds, which increased by 1 bps to yield 1.66%. The 10-year AAA-rated bonds saw a decrease of 1 bps, while the 30-year AAA-rated bonds decreased by 2 bps, to now yield 3.02%. Municipal bond fund flows remained positive this week for the third week in a row, as inflows increased to $236 million. The largest credit spread for the two-year securities increased to 87 bps for the week.
Explore our Mutual Fund Education section to learn more about important mutual fund concepts.
Category | Top Subcategory | 1-Month Subcategory Return (%) | Top Subcategory Performer | Ticker | 1-Month Fund Return (%) | Performance Rationale |
---|---|---|---|---|---|---|
U.S. Equity Fund | Small Cap Growth Equities | 4.72% | Delaware Small Cap Growth Institutional | DSGGX | 9.62% | The fund's largest holding is Collegium Pharmaceutical Inc. (NASDAQ:COLL), which is up over 44% on a year-to-date basis. |
International Equity | India Equities | 1.19% | Eaton Vance Greater India I | EGIIX | 2.63% | India's stocks saw this week's largest increase. |
Commodities | Broad Basket | -4.42% | Catalyst Hedged Commodity Strategy A | CFHAX | -1.25% | With commodities and bond prices falling this week, this fund was protected since it had over 47% in cash. |
Taxable Bonds | Long Government | 3.08% | PIMCO Extended Duration Instl | PEDIX | 4.31% | With yields all falling this week, government bonds saw large gains. |
Municipal Bonds | High Yield Muni | 1.01% | Oppenheimer Rochester Shrt Dur HY Muni Y | OPIYX | 2.19% | High-yield bond funds saw the largest increase in price. |
One of the fund’s largest holdings is Veeva Systems Inc Class A (NYSE: VEEV), which is up over 49% on a year-to-date basis.
Top Five Performers
The following table provides the top-performing mutual funds on a YTD basis as of June 22, 2018. Only those funds that are rated five stars by Morningstar and that generated YTD returns greater than or equal to that achieved by the S&P 500 are included.
Name | Ticker | Category | YTD % | Net Expense Ratio | % of Assets in Top 10 Holdings | Total Assets $ (Millions) | Top Sector Invested |
---|---|---|---|---|---|---|---|
Alger Small Cap Focus Z | AGOZX | Small Cap Growth Equities | 28.79% | 0.90% | 31.90% | $1,140 | Technology |
Leland Thomson Reuters Vntr Cptl Idx I | LDVIX | Large Cap Growth Equities | 28.30% | 1.74% | 29.20% | $60 | Technology |
ClearBridge Select IS | LCSSX | Mid Cap Growth Equities | 25.23% | 2.02% | 23.70% | $98 | Technology |
Morgan Stanley Multi Cap Growth I | CPODX | Large Cap Growth Equities | 25.03% | 0.95% | 54.00% | $637 | Technology |
Virtus KAR Small-Cap Growth I | PXSGX | Small Cap Growth Equities | 24.43% | 1.25% | 49.10% | $3,670 | 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...
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Sam Bourgi
|
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