We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
3 Top-Rated Large-Cap Value Mutual Funds to Invest In
Read MoreHide Full Article
Large-cap value mutual funds provide excellent choices for investors who seek returns subject to low risk. While mutual funds investing in value stocks have the potential to deliver higher returns and exhibit lower volatility compared to growth and blend counterparts, large cap funds usually provide a safer option than small-cap or mid-cap funds. Thus investors may look for large-cap value funds to earn in a moderate return, volatile environment.
Value funds generally invest in stocks that tend to trade at a price lower than their fundamentals (i.e. earnings, book value, Debt-Equity) and pay out dividends. Value stocks are expected to outperform the growth ones across all asset classes when considered on a long-term investment horizon and are less susceptible to trending markets. However, investors interested in choosing value funds for yield, should check the mutual fund yield as not all value funds solely comprise companies that primarily use their earnings to pay out dividends.
Meanwhile, large-cap funds have exposure to large-cap stocks that are expected to have a long-term performance history and assure more stability than what mid or small caps offer. Companies with market capitalization of more than $10 billion are generally considered large cap. However, due to their significant international exposure, large-cap companies might be affected by a global downturn.
VALIC Company II Large Cap Value seeks higher total return than the Russell 1000 Value Index. VACVX invests a large share of its assets in equity securities of large-cap companies with market capitalization more than the smallest member of the Russell 1000 Index. VALIC Company II Large Cap Value has a three-year annualized return of 8.6%.
VACVX has an expense ratio of 0.8% compared with the category average of 1.1%.
JPMorgan Large Cap Value A (OLVAX - Free Report) invests a large portion of its assets in securities of large-cap companies that include common stocks, and debt and preferred stocks that can be converted to common stock. Large cap companies are those that have market capitalization equivalent to those listed in the Russell 1000 Value Index at the time of purchase. OLVAX offers dividend quarterly and capital gains annually. JPMorgan Large Cap Value A has a three-year annualized return of 9.5%.
Scott Blasdell is the fund manager and has managed OLVAX since 2013.
PNC Large Cap Value I seeks long-term capital appreciation. PLIVX invests the majority of its assets in equity securities including common stocks and American Depositary Receipts (ADRs) of domestic large-cap companies. The fund is expected to maintain a diversified portfolio comprising undervalued securities. It may also invest in securities of companies located in foreign lands. PNC Large Cap Value I has a three-year annualized return of 10%.
PLIVX has an expense ratio of 0.98% compared with the category average of 1.1%.
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
3 Top-Rated Large-Cap Value Mutual Funds to Invest In
Large-cap value mutual funds provide excellent choices for investors who seek returns subject to low risk. While mutual funds investing in value stocks have the potential to deliver higher returns and exhibit lower volatility compared to growth and blend counterparts, large cap funds usually provide a safer option than small-cap or mid-cap funds. Thus investors may look for large-cap value funds to earn in a moderate return, volatile environment.
Value funds generally invest in stocks that tend to trade at a price lower than their fundamentals (i.e. earnings, book value, Debt-Equity) and pay out dividends. Value stocks are expected to outperform the growth ones across all asset classes when considered on a long-term investment horizon and are less susceptible to trending markets. However, investors interested in choosing value funds for yield, should check the mutual fund yield as not all value funds solely comprise companies that primarily use their earnings to pay out dividends.
Meanwhile, large-cap funds have exposure to large-cap stocks that are expected to have a long-term performance history and assure more stability than what mid or small caps offer. Companies with market capitalization of more than $10 billion are generally considered large cap. However, due to their significant international exposure, large-cap companies might be affected by a global downturn.
Below we share with you three top-rated, large-cap value mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all large-cap value mutual funds, investors can click here to see the complete list of large-cap value funds.
VALIC Company II Large Cap Value seeks higher total return than the Russell 1000 Value Index. VACVX invests a large share of its assets in equity securities of large-cap companies with market capitalization more than the smallest member of the Russell 1000 Index. VALIC Company II Large Cap Value has a three-year annualized return of 8.6%.
VACVX has an expense ratio of 0.8% compared with the category average of 1.1%.
JPMorgan Large Cap Value A (OLVAX - Free Report) invests a large portion of its assets in securities of large-cap companies that include common stocks, and debt and preferred stocks that can be converted to common stock. Large cap companies are those that have market capitalization equivalent to those listed in the Russell 1000 Value Index at the time of purchase. OLVAX offers dividend quarterly and capital gains annually. JPMorgan Large Cap Value A has a three-year annualized return of 9.5%.
Scott Blasdell is the fund manager and has managed OLVAX since 2013.
PNC Large Cap Value I seeks long-term capital appreciation. PLIVX invests the majority of its assets in equity securities including common stocks and American Depositary Receipts (ADRs) of domestic large-cap companies. The fund is expected to maintain a diversified portfolio comprising undervalued securities. It may also invest in securities of companies located in foreign lands. PNC Large Cap Value I has a three-year annualized return of 10%.
PLIVX has an expense ratio of 0.98% compared with the category average of 1.1%.
To view the Zacks Rank and past performance of all large-cap value mutual funds, investors can click here to see the complete list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.