With nearly $63 billion of assets under management as of Jan 31, 2019, Dreyfus Corporation is considered one of the leaders in the investment management and distribution domain in the United States. Founded in 1951, the company invests its assets in mutual funds from different categories, including both equity and fixed-income mutual funds.
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.
Below we share with you four 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 funds.
Dreyfus Large Cap Equity Fund Class I (DLQIX - Free Report) seeks to offer long-term capital growth. The fund invests the majority of its assets in equity securities of large-cap companies. The fund’s manager considers companies with market capitalization of more than $5 billion at the time of purchase as large-cap companies. DLQIX has three-year annualized returns of 15.9%.
As of March 2019, DLQIX held 81 issues, with 3.28% of its assets invested in Microsoft Corp.
Dreyfus Tax Sensitive Total Return Bond Fund Class I (SDITX - Free Report) aims for high after-tax total return. The fund invests most of its assets in bonds. It invests up o 65% in municipal bonds that offer income exempt from federal personal income tax. The non-diversified fun may also invest up to 35% of its net assets in taxable bonds.SDITX has three-year annualized returns of 2.2%.
Thomas C. Casey is one of the fund managers of SDITX since 2010.
Dreyfus Global Stock Fund Class I (DGLRX - Free Report) aims for long-term total return. The fund invests the majority of its assets in stocks. The fund focuses on investments in companies in developed markets. Walter Scott & Partners Limited is the fund’s sub advisor and aims for investment opportunities in companies whose fundamental strengths indicate a potential for sustainable growth. DGLRX has three-year annualized returns of 14.1%.
DGLRX has an expense ratio of 0.94% compared with the category average of 1.11%.
Dreyfus/The Boston Company Small Cap Growth Fund Class I (SSETX - Free Report) seeks long-term capital growth. The fund invests the majority of its assets in equity securities of small-cap American companies. Its advisor considers those companies as small-cap companies whose market capitalization is less than or equal to the total market capitalization of the largest company in the Russell 2000 Growth Index. SSETX has three-year annualized returns of 22.6%.
Robert C. Zeuthen is one of the fund managers of SSETX since 2013.
To view the Zacks Rank and past performance of all Dreyfus mutual funds, investors can click here to see the complete list of funds.
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