If you’re looking to invest in mutual funds, it’s likely that you are wondering what the top 10 mutual funds are today. Investing in one or more of these top 10 mutual funds is likely to be some of the best ways to make your money work for you. Take a look at the mutual funds that were ranked in the top 10 mutual funds for the year 2005.
Cohen and Steers Realty –CSRSX – This fund is dedicated to total return. It places emphasis on both current income and appreciation of your capital investment. It has a four star Morningstar rating and has grown 8.41% year to date in 2006.
Delafield – DEFIX – The fund normally invests at least 65% of assets in domestic equities. These securities are issued by companies that are judged to be undervalued or that represent special situations, such as mergers, liquidations, or reorganizations. The fund is dedicated to growth and preservation of capital. It has grown 7.53% year to date in 2006.
Janus Midcap Value Investor – JMCVX – This top 10 mutual fund’s goal is capital appreciation. The fund normally invests at least 80% of assets in equity securities of mid-sized companies. The fund may also invest up to 20% of assets in high-yield bonds, up to 15% of assets in illiquid investments and some amount in foreign equity and debt securities. The year to date growth for this fund in 2006 is 3.81%.
Royce Opportunity (RYPNX)- This fund’s goal is long term capital growth. They typically invest 65% of assets in a diversified portfolio of equities in small and micro-cap companies with market capitalizations of less than $2.5 billion.
Third Avenue Real Estate Value – (TAREX) – This fund’s goal is long term capital appreciation. The fund normally invests at least 80% of assets in equity and debt securities of companies in the real estate industry. This fund has grown by 4.16% year to date for 2006.
American Funds – AMCP; A – This top 10 mutual fund’s goal is long term capital growth. It does not maintain strict percentages of any particular type of investment, though it invests primarily in common stocks of US companies. The return year to date for 2006 is 2.67%.
American Funds Mutual – AMCP; A – AMRMX – This fund aims for a balance between current income, capital growth and preservation of principal. The fund invests chiefly in equity securities, including common stocks and preferred stocks. The year to date return on this stock in 2006 is 2.44%.
Fidelity Dividend Growth Fund – FDGFX – This top 10 mutual fund is a growth fund. The fund normally invests at least 80% of assets in equity securities. The growth year to date for 2006 has been 1.95%.
Jensen J – JENSX – This is a growth fund that invests primarily in equity securities of approximately 25 companies. The year to date return for 2006 has been .63%.
Matrix Advisors Value – MAVFX – This is a growth and income fund with a Morningstar rating of 4 stars. This top 10 mutual fund invests primarily in common stocks that are thought to be especially financially sound. The year to date return for this fund for 2006 is 2.41%.
There are many other mutual funds that are extremely sound investments. The most important thing to keep in mind when you’re choosing mutual funds is that they are designed to meet your investment goals and that they have a level of risk that is suited to your needs and comfort level. Any of these top 10 mutual funds, and many others, can be a great investment for the right investor.