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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Goldman Sachs Tax Managed Equity IR

(GQIRX - Free Report) has a 0.76% expense ratio and 0.64% management fee. GQIRX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. With yearly returns of 14.6% over the last five years, this fund clearly wins.

Janus Henderson Research C

(JRACX - Free Report) . Expense ratio: 1.4%. Management fee: 0.53%. JRACX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. This fund has managed to produce a robust 15.22% over the last five years.

Invesco SteelPath MLP Select 40 Fund Class A

(MLPFX - Free Report) is an attractive large-cap allocation. MLPFX is a Sector - Energy fund, which are comprised of various changing and hugely important industries throughout the massive global energy sector. MLPFX has an expense ratio of 1.26%, management fee of 0.69%, and annual returns of 26.2% over the past five years.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.

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