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 Best Mid-Cap Growth Mutual Funds for Steady Returns
Read MoreHide Full Article
Mid-cap growth mutual funds make excellent choices for investors who emphasize on investing in securities that offer growth at lesser risk. While large companies are normally known for stability and smaller ones for growth, mid-caps offer the best of both the worlds, allowing growth and stability simultaneously.
Companies with market capitalization between $2 billion and $10 billion with solid growth prospects are generally considered while designing a portfolio of mid-cap growth mutual funds. Also, focusing on growth securities allows these funds to provide more returns, as growth stocks refer to high quality investments with the potential to garner revenue and earnings growth at a rate faster than the industry average.
T. Rowe Price Mid-Cap Growth (RPMGX - Free Report) maintains a diversified portfolio by investing a large chunk of its assets in companies having market capitalization similar to those listed in the S&P MidCap 400 Index or the Russell Midcap Growth Index. RPMGX invests in companies having above-average growth potential. Though RPMGX focuses on acquiring common stocks of domestic companies, RPMGX may also invest in companies located outside the U.S. The fund has a three-year annualized return of 10.4%.
Notably, Brian W.H. Berghuis has been the fund manager of RPMGX since 1992.
DF Dent Midcap Growth (DFDMX - Free Report) invests the majority of its assets in equity securities including common and preferred stocks of mid-cap firms. DFDMX primarily focuses on acquiring securities of companies listed on the U.S. market. The fund may also invest in ADRs, ETFs and REITs. DF Dent Midcap Growth is a non-diversified fund with a three-year annualized return of 5.9%.
DFDMX has an expense ratio of 1.1% as compared to the category average of 1.3%.
Janus Enterprise S (JGRTX - Free Report) seeks long-term growth of capital. JGRTX invests a minimum of half of its assets in securities of companies having market capitalization similar to those included in the Russell Midcap Growth Index. JGRTX primarily focuses on acquiring common stocks of companies having an impressive growth prospect. The fund may also invest in securities issued by foreign companies including those from emerging economies. The Janus Enterprise S fund has a three-year annualized return of 10.7%.
Brian Demain is one of the fund managers of JGRTX since 2007.
Image: Bigstock
3 Best Mid-Cap Growth Mutual Funds for Steady Returns
Mid-cap growth mutual funds make excellent choices for investors who emphasize on investing in securities that offer growth at lesser risk. While large companies are normally known for stability and smaller ones for growth, mid-caps offer the best of both the worlds, allowing growth and stability simultaneously.
Companies with market capitalization between $2 billion and $10 billion with solid growth prospects are generally considered while designing a portfolio of mid-cap growth mutual funds. Also, focusing on growth securities allows these funds to provide more returns, as growth stocks refer to high quality investments with the potential to garner revenue and earnings growth at a rate faster than the industry average.
Below we share with you three top-rated mid-cap growth 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 growth funds.
T. Rowe Price Mid-Cap Growth (RPMGX - Free Report) maintains a diversified portfolio by investing a large chunk of its assets in companies having market capitalization similar to those listed in the S&P MidCap 400 Index or the Russell Midcap Growth Index. RPMGX invests in companies having above-average growth potential. Though RPMGX focuses on acquiring common stocks of domestic companies, RPMGX may also invest in companies located outside the U.S. The fund has a three-year annualized return of 10.4%.
Notably, Brian W.H. Berghuis has been the fund manager of RPMGX since 1992.
DF Dent Midcap Growth (DFDMX - Free Report) invests the majority of its assets in equity securities including common and preferred stocks of mid-cap firms. DFDMX primarily focuses on acquiring securities of companies listed on the U.S. market. The fund may also invest in ADRs, ETFs and REITs. DF Dent Midcap Growth is a non-diversified fund with a three-year annualized return of 5.9%.
DFDMX has an expense ratio of 1.1% as compared to the category average of 1.3%.
Janus Enterprise S (JGRTX - Free Report) seeks long-term growth of capital. JGRTX invests a minimum of half of its assets in securities of companies having market capitalization similar to those included in the Russell Midcap Growth Index. JGRTX primarily focuses on acquiring common stocks of companies having an impressive growth prospect. The fund may also invest in securities issued by foreign companies including those from emerging economies. The Janus Enterprise S fund has a three-year annualized return of 10.7%.
Brian Demain is one of the fund managers of JGRTX since 2007.
To view the Zacks Rank and past performance of all mid-cap growth 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 >>