DWS GNMA Fund (GGGGX)

DWS GNMA fund will become one of the popular bond funds for investor to invest. This fund invests mainly in mortgage backed bond issued and guaranteed by US Government. This top rated S&P mutual fund is being reviewed below.

DWS GNMA A Fund (Ticker: GGGGX)

The DWS GNMA Fund objective is to seek to produce a high level of income. This best bond fund invests majority of net assets (>80%) in Ginnie Maes, the mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA). This DWS fund may also hold <10% of total net assets in cash or money market securities, short-term bond funds, which investments may not be issued or guaranteed by the US government and its agencies.

Fund Profile

• Fund Inception Date: February 1, 2009
• Ticker Symbol: GGGGX
• CUSIP: 23337P308
• Beta (3yr): 0.64
• Rank in category (YTD): 47%
• Category: Intermediate Government
• Yield: 4.48%
• Capital Gains: 0%
• Expense Ratio: 0.78%
• Sales Load: 2.75%
• Net Assets: $ 2.30 billion
• Number of Years Up: 3 years
• Number of Years Down: 0 years
• Annual Turnover Rate: 211%

Updated on 5/26/2012

DWS GNMA fund

This DWS fund is classified in the Intermediate Government bond fund category. This best fund is currently managed by John Ryan. He has been managing this fund since July 2010. The inception date of this GGGGX fund is February 2, 1999.

The fund’s total net assets are $2.26 billion. The dividend yield is 4.27%. The last dividend was distributed on September 23, 2011 ($0.06). The annual expense ratio of this taxable bond fund is 0.76%.

YTD Top Performer Closed End Funds December 2011 | CEF

The following article will look into the YTD top performer CEFs of 2011. The top performer funds include DNP Select Income Fund (DNP), Gabelli Utility Trust (GUT), Invesco Insured Municipal Bond (IMC), and more.

The Year-To-Date Top Performer Closed End Funds December 2011 are:

YTD Top Performer CEFs 2011

1. DNP Select Income Fund (DNP)
2. Gabelli Utility Trust (GUT)
3. Invesco Insured Muni Bond (IMC)
4. BlackRock Build America Bond (BBN)
5. Flaherty Preferred Income Fund (PFD)
6. Aberdeen Global Income (FCO)
7. BlackRock MuniHoldings Quality II (MUE)
8. Nuveen CA Performance Plus Muni (NCP)
9. BlackRock Municipal Income Investment Quality Trust (BAF)
10. BlackRock MuniYield Investment Quality Fund (MFT)

updated on 12/4/2011

Update of Sequoia and T. Rowe Price Retirement Income Fund

The following is the updated information for Sequoia Fund and T. Rowe Price Retirement Income Fund. These funds have been selected as the Top S&P Mutual Funds of 2011. Details for these funds can be found below.

Sequoia fund (SEQUX)

Sequoia fund

Sequoia fund has been selected as the Top S&P Mutual Funds of 2011. This fund invests mainly in undervalued US Companies. It may also invest in foreign securities. This large blend US stock mutual fund has been rated the best fund by Morningstar with 5 star rating. More details about the fund's review can be found on my previous article, Sequoia Fund (SEQUX).

The performance of this SEQUX fund based on the load adjusted return is as below:

• 1-year: 6.73%
• 3-year: 3.53%
• 5-year: 2.55%
• 10-year: 5.17%

This fund has recorded 34 years of positive return and only 6 years of negative return so far. Morningstar gave this fund 5-star rating. The best achievement of 1-year total return was in 1997 with 43.20% and the worst was in 2008 with -27.03%.

The top 5 holdings of this fund as of June 30, 2011 are Valeant Pharmaceuticals International Inc, Berkshire Hathaway Inc, TJX Companies, Fastenal Company and Idexx Laboratories.

T. Rowe Price Retirement Income Fund (TRRIX)

T. Rowe Price Retirement Income Fund invests in 40% stock funds and 60% bond funds. This balanced fund is managed by Jerome A. Clark. These mutual fund is part of fund of funds.Morningstar has rated this fund 3-star rating. S&P also has awarded this fund with the top mutual fund award of 2011. This TRRIX fund has performed in 7 years of positive return. The 1-year total return was negative so far only in 2008 (-18.39%). The best 1-year total return was achieved in year 2009 (22.07%). Based on the load adjusted return, this fund has returned 0.52% over the past year and 3.19% over the past 3-year.

The top 10 holdings are Emerging Markets Bond Fund, Emerging Markets Bond Fund, Equity Index 500 Fund, High Yield Fund, Inflation Focused Bond Fund, International Bond Fund, International Growth & Income Fund, International Stock Fund, New Income Fund and Overseas Stock Fund.

Disclosure: No Position

Update on Vanguard Selected Value Fund

I have updated the previous article about Vanguard Selected Value Fund. This top rated mid cap value stock fund is rated one of the best fund by Morningstar and S&P Capital IQ. I have also updated the top 10 stock holdings and the fund's performance for the past one year.

The top 10 stock holdings of this Vanguard Selected Value fund as of October 2011 are Royal Caribbean Cruises Ltd, Constellation Energy Group Inc, Yamana Gold Inc, Discover Financial Services, Coventry Health Care Inc, Goodrich Corp, International Game Technology, Wills Group Holdings PLC, CenterPoint Energy Inc and Capital One Financial Corp.

Please check the article here.

• Vanguard Selected Value fund (VASVX)

Vanguard Balanced Index Fund Admiral Shares VBIAX

Balanced mutual fund is one of the most popular mutual funds for long term investor. This hybrid fund invests its assets in bond and stock. One of the top rated balanced funds is Vanguard Balanced Index Fund. More details about the fund review is described below.

Vanguard Balanced Index Fund Admiral Shares (VBIAX)

The investment objective of this Vanguard Balanced Index Fund is to track the performance of a broad, market-weighted bond index and a benchmark index that measures the investment return of the overall U.S. stock market. With about 60% of assets, it seeks to track the investment performance of the MSCI US Broad Market Index. The fund also seeks to track the investment performance of the Barclays Capital U.S. Aggregate Float Adjusted Index with 40% of assets.

Fund Details

Vanguard Balanced Index fund

• Fund Inception Date: November 13, 2000
• Ticker Symbol: VBIAX (Admiral Shares)
• CUSIP: 921931200
• Beta (3yr): 0.95
• Rank in category (YTD): 8 %
• Category: Moderate Allocation
• Distribution: 2.39%
• Capital Gains: 0%
• Expense Ratio: 0.12%  
• Net Assets: $ 11.12 billion
• Number of Years Up: 7 years
• Number of Years Down: 3 years
• Average Duration: 7.3 years
• Average Maturity: 5.1 years

Updated on 12/5/2011

Harding Loevner International Equity Portfolio Inv HLMNX

This next mutual fund is also the Top S&P Mutual Fund for 2011. The Harding Loevner International Equity Portfolio is an international stock fund which invests in foreign companies in term of common stocks, preferred, warrants, convertibles, derivative, etc. You can find the fund’s review below.

Harding Loevner International Equity Portfolio, Investor (HLMNX)

The investment objective of Harding Loevner International Equity Portfolio fund is to provide long-term capital appreciation. This top foreign large growth fund invests in companies based in developed markets outside the U.S., and in established companies in emerging or frontier markets.

It generally invests majority of net assets in common stocks, preferred stock, rights and warrants issued by companies that are based outside the United States, securities convertible into such securities (including Depositary Receipts), and investment companies that invest in the types of securities in which the fund would normally invest. The fund may also invest in derivatives. This fund typically holds 35-75 investments across at least 15 countries.

Fund Details

Harding Loevner International Equity Portfolio

• Fund Inception Date: 09/30/2005
• Ticker Symbol: HLMNX
• CUSIP: 412295503
• Beta (3yr): 0.96
• Rank in category (YTD): 30%
• Category: Foreign Large Growth
• Distribution: 0.17%
• Capital Gains: 0%
• Expense Ratio: 1.25%  
• Net Assets: $ 1.16 billion
• Number of Years Up: 4 years
• Number of Years Down: 1 year

Updated on 11/27/2011

Dreyfus Appreciation Fund (DGAGX)

The following fund is another top rated Morningstar and top S&P mutual fund. This Dreyfus Appreciation Fund is part of large blend US Domestic Stock fund. More details about this fund review can be found below.

Dreyfus Appreciation Fund (DGAGX)

This Dreyfus Appreciation fund seeks long-term growth consistent with the capital preservation. It also tries to provide current income as secondary objective. This US Stock fund invests >80% of net assets in common stock. It focuses on blue chip companies with total market capitalizations of >$5 billion at the time of purchase, including multi-national companies.

Fund Details

• Fund Inception Date: January 18, 1984
• Ticker Symbol: DGAGX
• CUSIP: 261970-10-7
• Beta (3yr): 0.85
• Rank in category (YTD): 88%
• Category: Large Blend
• Yield: 1.69%
• Capital Gains: 0%
• Expense Ratio: 0.97%
• Net Assets: $ 4.8 billion
• Number of Years Up: 23 years
• Number of Years Down: 4 years
• Annual Turnover Rate: 2.59%

Updated on 5/26/2012

This domestic stock fund employs a "buy-and-hold" investment strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the fund's trading costs and minimizes tax liability by limiting the distribution of capital gains.

This DGAGX fund has been managed by Fayez Sarofim since its inception in January 18, 1984. This fund is in the Large Blend category. It has dividend yield of 1.16%.  The total net assets of this Dreyfus fund are $3.6 billion. The annual expense ratio of this fund is lower (0.99%) compared to the average in the Large Blend category (1.14%).