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3 Mid-Cap Blend Mutual Funds for Excellent Returns

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Blend funds, also known as hybrid funds, aim for value appreciation through capital gains. They owe their origin to a graphical representation of a fund’s equity-style box. In addition to diversification, blend funds are great picks for investors looking for a mix of growth and value investments. A mid-cap blend fund is a type of equity mutual fund that holds a mix of value and growth stocks in its portfolio, where the market cap of the stocks is generally between $2 billion and $10 billion.

Below, we share with you three top-ranked mid-cap blend mutual funds, namely Vanguard Strategic Equity Inv (VSEQX - Free Report) , FMI Common Stock Investor (FMIMX - Free Report) and JPMorgan SMID Cap Equity Fund (PECAX - Free Report) . 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 funds.

Vanguard Strategic Equity Inv fund invests most of its net assets in small and mid-cap domestic equity securities based on their relative return potential. VSEQX advisors do this by applying a quantitative process to evaluate all of the securities in the MSCI U.S. Small + Mid Cap 2200 Index while maintaining a risk profile similar to that of the index.

Vanguard Strategic Equity Inv has three-year annualized returns of 16%. Cesar Orosco has been one of the fund managers of VSEQX since 2021.

FMI Common Stock Investor fund seeks growth of capital. FMIMX invests mainly in small to mid-cap value stocks. 

FMI Common Stock Investor has three-year annualized returns of 12.5%. As of June 2025, FMIMX held 30 issues, 5.8% of its assets invested in Aramark.

JPMorgan SMID Cap Equity Fund seeks long-term capital growth by investing primarily in equity securities of companies with intermediate capitalizations. PECAX invests mainly in equity securities of mid-cap companies.

JPMorgan SMID Cap Equity Fund has three-year annualized returns of 5.9%. PECAX has an expense ratio of 1.09%.

To view the Zacks Rank and the past performance of all mid-cap blend mutual funds, investors can click here to see the complete list of mid-cap blend mutual funds.

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