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Mid-cap value mutual funds provide excellent opportunities for investors looking for returns with lesser risk by gaining exposure to stocks that are available at a discounted price. While large companies are normally known for stability and the smaller ones for growth, mid caps offer the best of worlds, allowing growth and stability simultaneously. Companies with market capitalization between $2 billion and $10 billion are generally considered mid-cap firms.
Meanwhile, value mutual funds are those that invest in stocks trading at discounts to book value, plus having a low price-to-earnings ratio and high dividend yields. Value investing is always a coveted strategy, and for a good reason. After all, who doesn’t want to add stocks that have low PEs, a solid outlook and decent dividends? However, not all value funds solely comprise companies that primarily use their earnings to pay dividends. Investors interested in choosing value funds for yield, should surely check the mutual fund yield.
American Century Mid Cap Value Investor (ACMVX - Free Report) invests a large portion of its assets in equity securities of mid-cap companies. ACMVX focuses investing in those companies which falls within the range of the Russell 3000 Index, not including the biggest 100 such companies. American Century Mid Cap Value Investor has a three-year annualized return of 13.6%.
ACMVX has an expense ratio of 1.00% as compared to the category average of 1.21%.
MassMutual Select Mid-Cap Value I (MLUZX - Free Report) seeks capital growth over the long run. MLUZX invests heavily in securities of undervalued companies having medium size market capitalization. The fund focuses on investing mainly in mid-cap companies. MassMutual Select Mid-Cap Value I has a three-year annualized return of 9%.
Ronald Mushock is one of the portfolio managers since June 2009.
Touchstone Mid Cap Value Y (TCVYX - Free Report) invests the lion’s share of its assets in the securities of mid-cap companies, which fall within the range of the Russell Midcap Index. TCVYX seeks appreciation of capital. Touchstone Mid Cap Value Y has a three-year annualized return of 11.9%.
As of June 2016, TCVYX held 73 issues with 2.2% of its assets invested in Treehouse Foods Inc.
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3 Strong Buy Mid-Cap Value Mutual Funds to Buy
Mid-cap value mutual funds provide excellent opportunities for investors looking for returns with lesser risk by gaining exposure to stocks that are available at a discounted price. While large companies are normally known for stability and the smaller ones for growth, mid caps offer the best of worlds, allowing growth and stability simultaneously. Companies with market capitalization between $2 billion and $10 billion are generally considered mid-cap firms.
Meanwhile, value mutual funds are those that invest in stocks trading at discounts to book value, plus having a low price-to-earnings ratio and high dividend yields. Value investing is always a coveted strategy, and for a good reason. After all, who doesn’t want to add stocks that have low PEs, a solid outlook and decent dividends? However, not all value funds solely comprise companies that primarily use their earnings to pay dividends. Investors interested in choosing value funds for yield, should surely check the mutual fund yield.
Below we share with you three top-rated mid-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. Investors can click here to see the complete list of mid-cap value funds.
American Century Mid Cap Value Investor (ACMVX - Free Report) invests a large portion of its assets in equity securities of mid-cap companies. ACMVX focuses investing in those companies which falls within the range of the Russell 3000 Index, not including the biggest 100 such companies. American Century Mid Cap Value Investor has a three-year annualized return of 13.6%.
ACMVX has an expense ratio of 1.00% as compared to the category average of 1.21%.
MassMutual Select Mid-Cap Value I (MLUZX - Free Report) seeks capital growth over the long run. MLUZX invests heavily in securities of undervalued companies having medium size market capitalization. The fund focuses on investing mainly in mid-cap companies. MassMutual Select Mid-Cap Value I has a three-year annualized return of 9%.
Ronald Mushock is one of the portfolio managers since June 2009.
Touchstone Mid Cap Value Y (TCVYX - Free Report) invests the lion’s share of its assets in the securities of mid-cap companies, which fall within the range of the Russell Midcap Index. TCVYX seeks appreciation of capital. Touchstone Mid Cap Value Y has a three-year annualized return of 11.9%.
As of June 2016, TCVYX held 73 issues with 2.2% of its assets invested in Treehouse Foods Inc.
To view the Zacks Rank and past performance of all mid-cap value mutual funds, investors can click here to see the complete list of mid-cap value funds.
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