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3 Top-Performing Mid-Cap Value Mutual Funds to Buy
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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 both 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 have 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 out dividends. Investors interested in choosing value funds for yield, should surely check the mutual fund yield.
CRM Mid Cap Value Investor (CRMMX - Free Report) invests a large portion of its assets in equity securities of domestic and foreign companies with market capitalization at the time of initial purchase within the range of those on the Russell Midcap Value Index and publicly traded on a U.S. securities market. CRM Mid Cap Value Investor has a three-year annualized return of 7.1%.
Jay Abramson is one of the asset managers since January 1998.
MassMutual Select Mid-Cap Value A (MLUAX - Free Report) seeks long-term capital appreciation. MLUAX invests a major portion of its assets in equity securities of undervalued mid-capitalization companies. Equity securities include common stocks, preferred stocks, securities convertible into common or preferred stocks, stock futures contracts, stock index futures contracts, rights and warrants. MassMutual Select Mid-Cap Value A has a three-year annualized return of 7.7%.
As of September 2016, MLUAX held 186 issues with 1.6% of its assets invested in PG&E Corp.
Sterling Capital Mid Value A (OVEAX - Free Report) seeks long-term growth of capital. OVEAX invests the majority of its assets in equity securities of undervalued mid cap companies. According to advisors, a mid cap company is defined as one with market capitalization within $1 billion to $30 billion. OVEAX predominantly invests in common stocks of both domestic and foreign firms that are traded in the U.S. Sterling Capital Mid Value A has a three-year annualized return of 7.3%.
Timothy Beyer is one of the asset managers since July 2005.
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3 Top-Performing 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 both 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 have 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 out 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 #1 Rank (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
CRM Mid Cap Value Investor (CRMMX - Free Report) invests a large portion of its assets in equity securities of domestic and foreign companies with market capitalization at the time of initial purchase within the range of those on the Russell Midcap Value Index and publicly traded on a U.S. securities market. CRM Mid Cap Value Investor has a three-year annualized return of 7.1%.
Jay Abramson is one of the asset managers since January 1998.
MassMutual Select Mid-Cap Value A (MLUAX - Free Report) seeks long-term capital appreciation. MLUAX invests a major portion of its assets in equity securities of undervalued mid-capitalization companies. Equity securities include common stocks, preferred stocks, securities convertible into common or preferred stocks, stock futures contracts, stock index futures contracts, rights and warrants. MassMutual Select Mid-Cap Value A has a three-year annualized return of 7.7%.
As of September 2016, MLUAX held 186 issues with 1.6% of its assets invested in PG&E Corp.
Sterling Capital Mid Value A (OVEAX - Free Report) seeks long-term growth of capital. OVEAX invests the majority of its assets in equity securities of undervalued mid cap companies. According to advisors, a mid cap company is defined as one with market capitalization within $1 billion to $30 billion. OVEAX predominantly invests in common stocks of both domestic and foreign firms that are traded in the U.S. Sterling Capital Mid Value A has a three-year annualized return of 7.3%.
Timothy Beyer is one of the asset managers since July 2005.
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 funds.
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