May 7, 2012

Year to Date Top Performer Closed End Funds May 2012

This article will provide the YTD top performer closed end funds. Some of the top performer close end funds are: Thai Capital Fund, DH Financial Trends Fund, Alpine Global Premier Property fund, etc.

Closed End Funds are traded like stocks and exchange traded funds. They may invest in stocks, bonds, convertibles, preferreds, investment funds, etc. Investor can buy these closed end funds through secondary market such as NASDAQ, New York Stock Exchange (NYSE), and AMEX. Investor can buy these CEFs from regular brokerages such as Charles Schwab, Zecco Trading, Lightspeed Trading, Interactive Brokerage, Fidelity, E*Trade, etc.

The following top performers list has been sorted based on its year-to-date return up until May 6th, 2012. You will find fund review information, news, and more.

The YTD Top Performer Closed End Funds of May 2012 are:
  1. Thai Capital Fund Inc (TF)
  2. Thai Fund Inc (TTF)
  3. DH Financial Trends Fund (DHFT)
  4. Foxby Corp (FXBY)
  5. Alpine Global Premier Property (AWP)
  6. Cornerstone Strategic Value (CLM)
  7. Engex (EGX)
  8. BlackRock EcoSolutions (BQR)
  9. Cornerstone Total Return (CRF)
  10. H&Q Life Sciences Investors (HQL)
1. Thai Capital Fund (Ticker: TF)

This Thai Capital Fund objective is to provide long term capital appreciation by investing in equity and unlisted securities of Thai companies. Its total net assets are $44 million. As of May 2012, the fund market price is trading 5.59% discount to the fund NAV. The fund sponsor is Daiwa SB Investments. It also has an annual expense ratio of 2.48%.

May 6, 2012

Brown Advisory Flexible Value A (BAFVX) Fund

Majority of investor portfolios typically have one element in common; the largest asset class is typically allocated to large cap stocks especially growth stocks. One of the most popular investor’s choices is investing in the large cap mutual funds. The Brown Advisory Flexible Value fund is classified as large blend stock mutual fund. More review about this fund below.

Brown Advisory Flexible Value A (BAFVX)

The Brown Advisory Flexible Value fund seeks to achieve long-term capital growth. This stock fund invests primarily in a diversified portfolio of equity securities, especially in ETFs (Exchange Traded Funds). This fund may invest in investment grade and non-investment grade debt securities or unrated debt securities determined by the Advisor to be of comparable quality.

Fund Profile
  • Fund Inception Date: 01/24/2007
  • Ticker Symbol: BAFVX
  • CUSIP: 74316J508
  • Beta (3yr): 0.93
  • Rank in category (YTD): 93%
  • Category: Large Blend
  • Distribution: 0.19%
  • Capital Gains: 0%
  • Expense Ratio: 1.35%  
  • Net Assets: $ 34.26 million
  • Number of Years Up: 3 years
  • Number of Years Down: 1 year
  • Annual Turnover Rate: 33%
Updated on 05/04/2012

May 4, 2012

Top 10 Foreign Small and Mid Cap Stock Mutual Funds 2012

Some of top foreign small / mid cap stock mutual funds are: Driehaus International Small Cap Growth fund, Templeton Institutional Foreign Smaller Company fund, etc. These international stock funds are investing in small cap & mid cap non-U.S. companies stocks. Additional fund review can be found below.

Intro

These Foreign Small and Mid Cap Stock funds seek principal appreciation by investing in small- and mid-sized international stocks which are value- or growth- oriented. Small-and mid-cap stocks have market capitalizations less than $10 billion. It typically uses the MSCI EAFE Index as its benchmark. These stock mutual funds may invest in U.S. stocks or emerging markets stocks.

Best Foreign Small / Mid-Cap Funds

These best foreign small / mid cap mutual funds are selected based on its long term performance. You will find other fund review information such as fund objective, management, top holdings, dividend yield, performance, top sectors, beta or risk, etc.

Top 10 Foreign Small and Mid Cap Stock Mutual Funds of 2012 are:
  1. First Eagle Overseas A (SGOVX)
  2. Driehaus International Small Cap Growth (DRIOX)
  3. Templeton Institutional Foreign Smaller Company Series A (TFSCX)
  4. Westcore International Small Cap (WTIFX)

May 2, 2012

Top 10 High Yield Corporate Bond Closed End Funds 2012

The top high yield bond closed end funds of 2012 are: PIMCO High Income, Dreyfus High Yield Strategies, Pioneer High Income Trust, etc. These bond closed End funds are traded like stocks or ETFs (exchange traded funds).

Intro

There two main types of income closed end funds: tax-free income closed end funds and taxable income closed end funds. Tax free bond CEFs mainly invest in municipal bonds while taxable bond CEFs include taxable corporate and government bond funds, and senior loan funds.

Corporate bonds are issued by companies to finance their business activities and usually being rated by credit agencies such as S&P’s, Moody’s, and Fitch. There are two main types of corporate bonds such as investment grade corporate bond and high yield corporate bond. High Yield bonds typically have lower credit ratings or not rated. These bonds usually have a higher risk of default than investment grade bonds. It also provides high yield to its investor as well.

Best High Yield CEFs

Based on its performance for the past 5 years, the 10 best high yield bond closed end funds of 2012 are:
  1. PIMCO High Income (PHK)
  2. Dreyfus High Yield Strategies (DHF)
  3. Pioneer High Income Trust (PHT)
  4. AllianceBernstein Global High Income (AWF)
  5. Invesco High Yield (MSY)

May 1, 2012

Fidelity Freedom 2020 Fund (FFFDX)

Fidelity Freedom 2020 fund is part of Target Date Mutual Funds. This target date funds are available to investors who invest in their retirement account such as 401k, traditional IRA, Roth IRA, 403b, etc. This balanced fund automatically adjusts its assets as the time progress (i.e. bonds portion will be higher as time progress). You may get the fund review below.

Fidelity Freedom 2020 (Ticker: FFFDX)

The investment aim of Fidelity Freedom 2020 fund is to provide high total return until its target retirement date. This mutual fund invests in a blend of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It will use a moderate asset allocation strategy designed for investors expecting to retire around the year 2020. It uses an asset allocation strategy that becomes increasingly conservative over time.

Fund Profile
  • Fund Inception Date: Oct 17, 1996
  • Ticker Symbol: FFFDX
  • CUSIP: 31617R605
  • Beta (3yr): 1.15
  • Rank in category (YTD): 43%
  • Category: Target Date 2016-2020

April 30, 2012

Top 5 Brokerage Firms for Mutual Funds Investment

There are many options to invest in mutual funds nowadays. Investors can choose either a discount broker or mutual fund companies to invest. There are pros and cons with each option. Some of the top brokerages for mutual fund investing are: Vanguard, Fidelity, Scottrade, etc.

Best Mutual Fund Brokerages
Intro

Whether you are investing in your regular brokerage account or retirement account, you may find mutual funds as your investment selection. To invest in these investment funds, regular investors can open a brokerage account or a mutual fund account directly from mutual fund companies.

For brokerage account, you can choose either open an account with a discount broker or a full brokerage. I’ll focus on discount brokers; hence they are accessible to most small investors. Several discount brokerages (such as Zecco Trading, Scottrade, E*trade) offer some great selections of mutual funds with low cost to purchase. You may also find a discount broker that offers no-transaction fee mutual funds.

Another alternative is by opening an account directly with the mutual fund company itself. Some of the well-known mutual funds companies are Fidelity, Vanguard, and T. Rowe Price, etc. Vanguard and Fidelity are the best ranked mutual funds companies in the U.S. These mutual funds companies also offer great selection of their fund family at low cost and no transaction fee. It also provides other crucial fund information such as performance, rating, expense fee, fund research, newsletter, etc.

April 28, 2012

Vanguard Total International Stock Index Fund (VGTSX) Investor Shares

Vanguard Total International Stock Index fund is part of Vanguard index mutual funds. This international stock mutual fund are popular among investors. You can find the fund review below.

Vanguard Total International Stock Index Investor (Ticker: VGTSX)

The investment aim of Vanguard Total Intl Stock Index fund is to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States. This Vanguard fund is designed to track the performance of the MSCI All Country World ex USA Investable Market Index. The index includes more than 6,000 stocks of companies located in 44 countries.

Fund Profile

  • Fund Inception Date: April 29, 1996
  • Ticker Symbol: VGTSX
  • CUSIP: 921909602
  • Beta (3yr): 1.05
  • Rank in category (YTD): 25%
  • Category: Foreign Large Blend
  • Yield: 2.62%
  • Capital Gains: 0%
  • Expense Ratio: 0.22%
  • Net Assets: $ 270.60 billion
  • Number of Years Up: 9 years

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