Founded in 1951, Dreyfus Corporation invests its assets in mutual funds from different categories, including both equity and fixed-income funds. With nearly $258 billion assets under management as of Jun 30, 2017, Dreyfus is considered one of the leaders in investment management and the distribution domain in the United States.
Separately, its parent company, BNY Mellon seeks to offer a wide range of financial services including investment management, investment services and wealth management across 35 countries. BNY Mellon was established in 1784 by Alexander Hamilton and currently has nearly $1.7 trillion assets under management.
Below we share with you three top-ranked Dreyfus 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 Dreyfus funds.
Dreyfus Tax Sensitive Total Return Bond Fund Class I (SDITX - Free Report) invests a bulk of its assets in bonds. SDITX primarily invests a large portion of its assets in municipal bonds that offer income free from federal personal income tax. The fund seeks above-average, after-tax returns. Dreyfus Tax Sensitive Total Return Bond Fund Class Ihas returned 1.3% in a year.
Jeffrey Burger is one of the fund managers of SDITX since 2014.
Dreyfus High Yield Municipal Bond Fund Class Z (DHMBX - Free Report) invests a large portion of its assets in municipal securities which offer income exempted from federal tax. DHMBX seeks growth of both income and capital. Dreyfus High Yield Municipal Bond Fund Class Z has returned 2.1% over a year.
As of July 2017, DHMBX held 111 issues with 2.6% of its assets invested in Jefferson Cnty Ala Swr Rev Swr Rev W.
Dreyfus Natural Resources Fund Class A (DNLAX - Free Report) seeks appreciation of capital for the long run. DNLAX invests the lion’s share of its assets in stocks issued by companies engaged in natural resources and natural resources related sectors. The fund may invest in non-U.S. securities, including emerging markets securities. Dreyfus Natural Resources Fund Class A has returned 12.2% in a year’s time.
DNLAX has an expense ratio of 1.34% compared with the category average of 1.37%.
To view the Zacks Rank and past performance of all Dreyfus mutual funds, investors can click here to see the complete list of Dreyfus funds.
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