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Investors looking for exposure to both value and growth stocks while seeking returns at a lower level of risk may consider large-cap blend mutual funds. Large-cap funds offer more stability than mid or small-caps and are thus safer.
Bạn đang xem: 3 Large-Cap Blend Mutual Funds for Attractive Returns
Companies with a market capitalization of more than $10 billion are considered large caps. However, due to their significant international exposure, these companies run the risk of being hit by global woes.
Blend funds, also called hybrid funds, owe their origin to the graphical representation of their equity-style box. In addition to diversification, blend funds offer a great mix of growth and value investment.
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Below, we share with you three top-ranked large-cap blend mutual funds, viz., American Funds Invmt Co of Amer AIVSX, Voya Corporate Leaders Trust LEXCX and T. Rowe Price U.S. Equity Research PRCOX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
American Funds Invmt Co of Amer fund seeks long-term growth of capital and income, placing greater emphasis on future dividends than current income. AIVSX invests in common stocks, and holds securities convertible into common stocks, as well as bonds, U.S. government securities, nonconvertible preferred stocks, and cash and equivalents.
American Funds Invmt Co of Amer has three-year annualized returns of 13%. James B. Lovelace has been one of the fund managers of AIVSX since 1992.
Voya Corporate Leaders Trust fund seeks long-term capital growth and income through investment in an equal number of shares of common stock of a fixed list of American blue-chip corporations. LEXCX also invests generally in a fixed list of 25 stocks of American “blue chip” corporations.
Voya Corporate Leaders Trust has three-year annualized returns of 12.5%. LEXCX has an expense ratio of 0.45%.
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T. Rowe Price U.S. Equity Research fund seeks capital appreciation. PRCOX invests in U.S. common stocks, which are believed to be well-positioned for capital appreciation.
T. Rowe Price U.S. Equity Research has three-year annualized returns of 12.5%. As of June 2024, PRCOX held 311 issues, with 7.4% of its assets invested in Microsoft Corp.
To view the Zacks Rank and the past performance of all large-cap blend mutual funds, investors can click here to see the complete list of large-cap blend mutual funds.
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