Top Performer Closed End Funds in Week 19, 2012

Some of the top performer closed end funds in week 19, 2012 are Firsthand Technology Value, Morgan Stanley Frontier Emerging Markets, Nuveen CA Select Tax-Free, etc. Most of the top performers are bond closed end funds. More review can be found below.

Top Performer CEFs

In week 19, the top performer closed ends mainly consists of bond closed end funds. If we look in further, I could see municipal bond closed end funds are among the top choice for investor. The other top performer categories include emerging markets stock, sector equity, corporate bond, high yield municipal, etc.

Top Performer Closed End Funds in Week 19, 2012 are:

1. Firsthand Technology Value (SVVC)
2. Morgan Stanley Frontier Emerging Markets (FFD)
3. BlackRock Limited Duration Income (BLW)
4. Franklin Limited Duration Income (FTF)
5. Western Asset Municipal High Income (MHF)
6. Eaton Vance OH Municipal Bond (EIO)
7. Managed Duration Investment Grade Municipal (MZF)
8. BlackRock New Jersey Investment Quality (RNJ)
9. Nuveen CA Select Tax-Free (NXC)
10. Nuveen Municipal Value 2 (NUW)

Fidelity Magellan Fund (FMAGX)

Fidelity Magellan fund is one of the Fidelity flagship mutual funds. This fund was managed by Peter Lynch from 1977 to 1990. Lynch managed to achieve 29% annualized return for this period. As part of large growth mutual funds, this Fidelity Magellan fund has become one of the laggard mutual funds for the past decade.

Fidelity Magellan (MUTF: FMAGX)

The investment objective of Fidelity Magellan fund is to provide capital appreciation. This large growth mutual fund invests mainly in common stocks of domestic and foreign issuers. It may invest in either growth stocks or value stocks or both using fundamental analysis of factors. Management will use financial condition and industry position of companies, and market & economic conditions to select investments.

Fund Profile

• Inception Date: 05/02/1963
• Ticker Symbol: FMAGX
• CUSIP: 316184100
• Beta (3yr): 1.13
• Rank in category (YTD): 97%
• Category: Large Growth
• Distribution: 0.64%
• Capital Gains: 0%
• Expense Ratio: 0.59% 
• Net Assets: $ 15.47 billion
• Number of Years Up: 37 years
• Number of Years Down: 11 years
• Annual Turnover Rate: 42.00%

Updated on 5/11/2012

Best Income and Preferred Stock Closed End Funds 2012

Some of the best income and preferred stock closed end funds are: John Hancock Premium Dividend, TCW Strategic Income, DNP Select Income Fund, etc. This income and preferred stock fund invests in various assets classes such as dividend stocks, preferred stocks, multisector bonds, high yield, corporate bond, money market, and more.

Intro

In general, there are two types of companies stocks. One is common stocks and another one is preferred stocks. Most people trade or buy common stock when they are investing through brokerage account. This common stock can be acquired through initial public offering or IPO and secondary market (like NASDAQ, New York Stock Exchange, AMEX, etc). Some of the common stocks do pay dividend. This dividend paying common stock is typically known as dividend stocks or income producing stocks.

On the other hand, preferred stock is considered as less risky than common stock. It may be less liquid than common stocks. Preferred stock is named because it has preferential rights in matters such as liquidation and board representation. It is rated like bond with ratings range from AAA (top rated) to D (worst rated) or unrated. If the company declares bankruptcy, the preferred stock holders are entitled to the company’s assets before common stock holders.

Best Income & Preferred Stock CEFs

Closed End Funds can be used to invest in preferred stocks and other income producing securities. These funds are typically diversified into variety of asset classes and sectors. The 10 best income and preferred stock closed end funds of 2012 are:

1. John Hancock Premium Dividend (PDT)
2. TCW Strategic Income (TSI)
3. DNP Select Income Fund (DNP)

YTD Top Performer Exchange Traded Funds May 2012

This post will look into the year to date top performer exchange trade funds up to May 6th, 2012. Some of the best performer funds are Market Vectors Vietnam ETF, First Trust NYSE Arca Biotechnology Index, Market Vectors Egypt Index ETF, etc.

Intro

Exchange Traded Funds are unlike mutual funds. These ETFs are traded like stocks. They are also similar to closed end funds (CEFs). Most of the funds are index funds. Like mutual funds, ETFs are categorized into two main categories such as bond ETF, and stock ETF.

Some of the popular ETFs sponsors are Vanguard, BlackRock (iShares), and StateStreet (SPDR). These fund families have several popular ETF such as Vanguard MSCI Emerging Markets ETF (VWO), SPDR S&P 500 ETF (SPY), iShares MSCI EAFE Index Fund (EFA), etc. You can purchase these ETFs from stock brokers such as TD Ameritrade, Lightspeed, Fidelity, Schwab, etc.

Best Performing ETFs

As described before, this article will look into the year to date top performing exchange traded funds. Similar to top performer mutual funds, most the best performers are international stock ETF especially emerging markets stock ETF. There are also some sector ETFs and European stock ETF. You can find the details from the table below.

YTD Top Performer Exchange Traded Funds of May 2012 are:

1. Market Vectors Vietnam ETF (VNM)
2. First Trust NYSE Arca Biotech Index (FBT)
3. Market Vectors Egypt Index ETF (EGPT)
4. iShares Dow Jones US Home Construction (ITB)

Year to Date Top Performer Mutual Funds May 2012

The following year to date top performer mutual funds are Forward International Real Estate fund, Fairholme fund, Nile Pan Africa fund, etc. These mutual funds have managed to achieve great return up until May 6th, 2012.

Intro

Mutual Funds are one of the most popular investment funds in the world. Investors can choose mutual funds to diversify their portfolio into many different sectors such as stocks, bonds, convertible, preferred, money market, etc.

From this top performers list, you may observe stock mutual funds have outperformed bond mutual funds. These stock funds can be divided into two main classes such as U.S. domestic stock fund and International stock funds. Most of the international stock funds have managed to achieve higher return for the first half of the year especially the emerging markets stock funds.

On the domestic stock front, growth stock fund has been the top performer fund. Another top performer sectors are: global real estate, technology, health, etc.  More details about best performing funds can be found below.

Year to Date Top Performer Mutual Funds of May 2012 are:

1. Forward International Real Estate A (KIRAX)
2. Fairholme (FAIRX)
3. Nile Pan Africa A (NAFAX)
4. Berkshire Focus (BFOCX)
5. Biondo Focus Investor (BFONX)
6. EP Asia Small Companies A (EPASX)

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%.

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