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. Generally, companies with market capitalization of more than $10 billion are considered large cap. However, due to their significant international exposure, large-cap 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.
Below we share with you three top-ranked large-cap blend mutual funds. 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 large-cap blend funds, their Zacks Rank and past performance.
Thrivent Large Cap Stock A (AALGX - Free Report) seeks growth of capital for the long run. AALGX invests the lion’s share of its assets in equity securities of large-cap companies, which are included in key indices like the Russell 1000 Index and the S&P 500 Index. The fund may also invest in those large-cap companies, which are there in Lipper, Inc’s market-cap categories. Thrivent Large Cap Stock A has three-year annualized returns of 7.7%.
As of September 2017, AALGX held 297 issues, with 6.62% of its assets invested in Euro Stoxx 50 Dec17.
Diamond Hill Large Cap A (DHLAX - Free Report) invests a major portion of its assets in equity securities of domestic large-cap companies, which are expected to be undervalued. Large-cap companies are those whose market-cap is similar to companies that are either included on the Russell 1000 Index or have a market-cap of $5 billion or more. DHLAX seeks top offer long-term capital growth. Diamond Hill Large Cap A has three-year annualized returns of 9.9%.
Austin Hawley is of the fund managers of DHLAX since 2015.
Vanguard Growth and Income Fund Investor Shares (VQNPX - Free Report) invests in a diversified group of stocks chosen with the help of quantitative analysis. It seeks stocks that are believed to provide dividend income, have an impressive growth prospect and, as a group, are likely to provide higher returns than the S&P 500 Index while having similar risk characteristics. VQNPX invests a minimum of 65% of its assets in companies on the index. Vanguard Growth and Income Fund Investor Shares has three-year annualized returns of 10.3%.
VQNPX has an expense ratio of 0.34% compared with the category average of 1.02%.
To view the Zacks Rank and past performance of all large-cap blend Mutual Funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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. Generally, companies with market capitalization of more than $10 billion are considered large cap. However, due to their significant international exposure, large-cap 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.
Below we share with you three top-ranked large-cap blend mutual funds. 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 large-cap blend funds, their Zacks Rank and past performance.
Thrivent Large Cap Stock A (AALGX - Free Report) seeks growth of capital for the long run. AALGX invests the lion’s share of its assets in equity securities of large-cap companies, which are included in key indices like the Russell 1000 Index and the S&P 500 Index. The fund may also invest in those large-cap companies, which are there in Lipper, Inc’s market-cap categories. Thrivent Large Cap Stock A has three-year annualized returns of 7.7%.
As of September 2017, AALGX held 297 issues, with 6.62% of its assets invested in Euro Stoxx 50 Dec17.
Diamond Hill Large Cap A (DHLAX - Free Report) invests a major portion of its assets in equity securities of domestic large-cap companies, which are expected to be undervalued. Large-cap companies are those whose market-cap is similar to companies that are either included on the Russell 1000 Index or have a market-cap of $5 billion or more. DHLAX seeks top offer long-term capital growth. Diamond Hill Large Cap A has three-year annualized returns of 9.9%.
Austin Hawley is of the fund managers of DHLAX since 2015.
Vanguard Growth and Income Fund Investor Shares (VQNPX - Free Report) invests in a diversified group of stocks chosen with the help of quantitative analysis. It seeks stocks that are believed to provide dividend income, have an impressive growth prospect and, as a group, are likely to provide higher returns than the S&P 500 Index while having similar risk characteristics. VQNPX invests a minimum of 65% of its assets in companies on the index. Vanguard Growth and Income Fund Investor Shares has three-year annualized returns of 10.3%.
VQNPX has an expense ratio of 0.34% compared with the category average of 1.02%.
To view the Zacks Rank and past performance of all large-cap blend Mutual Funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on VQNPX - FREE
Get the latest research report on AALGX - FREE
Get the latest research report on DHLAX - FREE