Large-cap blend mutual funds seek to offer value appreciation through capital gains with relatively less volatility by investing in both value and growth stocks. Blend funds, also known as “hybrid funds”, owe their origin to a graphical representation of a fund’s equity style box. In addition to diversification, blend funds are great for investors seeking a mix of growth and value.
Meanwhile, significant exposure to large-cap stocks makes these blend funds safer options for risk-averse investors than small-cap and mid-cap funds. Companies with market capitalization above $10 billion are generally considered large-cap firms. Also, these funds are believed to provide long-term performance history and assure more stability than mid or small caps.
Below we share with you three top-ranked large-cap blend 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 large-cap blend funds, their Zacks Rank and past performance.
TIAA-CREF Social Choice Equity Fund Retail (TICRX - Free Report) seeks a high level of long-term returns while giving importance to certain ESG criteria. TICRX achieves its objective by investing a minimum of 80% of its assets in equity securities. TIAA-CREF Social Choice Equity Fund Retail has one-year annualized returns of 23.5%.
Philip Campagna has been one of the fund managers of TICRX since 2005.
Goldman Sachs Equity Growth Strategy Portfolio A (GAPAX - Free Report) invests in fixed income or money market instruments. GAPAX seeks long-term growth of capital. Goldman Sachs Equity Growth Strategy Portfolio A has returned 25.5% in a year’s time.
As of June 2017, GAPAX held 37 issues, with 17.45% of its assets invested in Goldman Sachs Em Mkts Eq Insghts Intl.
DFA US Large Company (DFUSX - Free Report) seeks total investment returns similar to that of the S&P 500 Index. DFUSX invests a minimum of 95% of its assets in securities of companies listed on the S&P 500 Index and tries to maintain a similar company weight. The fund may also invest in derivatives including futures contracts and options on futures contracts for the adjustment of market exposure. DFA US Large Company has returned 23.4% over the last one-year period.
DFUSX has an expense ratio of only 0.08% compared with the category average of 0.97%.
To view the Zacks Rank and past performance of all large-cap blend Mutual Funds, investors can click here to see the complete list of funds.
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