Fidelity Convertible Securities Fund FCVSX

This Fidelity Convertible Securities fund (Ticker: FCVSX) is a no load balanced mutual fund. It focuses its investment in convertible securities. The fund review is described in this post.

Fidelity Convertible Securities (FCVSX)

The investment aim of Fidelity Convertible Securities fund is to achieve a high level of total return through a mixture of current income and capital appreciation. It typically invests >80% of assets in convertible securities, which are often lower-quality debt securities. This convertible securities act like a stock when the share price is high and more like a bond when the share price is low. It may invest in common stocks, domestic, and foreign issuers.

Fund Profile

Fidelity Convertible Securities

• Fund Inception Date: January 4, 1987
• Ticker Symbol: FCVSX
• CUSIP: 316145200
• Beta (3yr): 1.54
• Rank in category (YTD): 1%
• Category: Convertibles
• Distribution: 3.22%
• Capital Gains: 0%
• Expense Ratio: 0.61%
• Net Assets: $ 2.06 billion
• Number of Years Up: 19 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 0.61%

updated on 10/9/2012

Best Performing High Yield Mutual Funds 2012

The best performing high yield mutual funds 2012 are JHancock High-Yield funds, Loomis Sayles High Income, Federated High-Yield, etc.

High Yield Bond Funds

High yield mutual funds invest most of its assets in lower rated corporate bonds or junk bonds. It may invest in U.S. corporate or foreign corporate debts. These bond funds provide high yield income for investors. It also paid the distribution yield either monthly or quarterly. They have higher risk than investment grade bond funds.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2012 (up to September 29, 2012).

Best Performing Mutual Funds

The 10 best performing high yield mutual funds 2012 are:

1. JHancock High-Yield A (JHHBX)
2. Loomis Sayles High Income A (NEFHX)
3. Federated High-Yield Service (FHYTX)
4. Waddell & Reed High-Income A (UNHIX)
5. American Beacon SiM High Yield Opportunities Inv (SHYPX)
6. Invesco High-Yield Securities A (HYLAX)
7. MainStay High Yield Opportunities A (MYHAX)
8. Fidelity Advisor High Income Advantage A (FAHDX)
9. Western Asset Global High Yield Bond A (SAHYX)

Franklin CA Tax-Free Income Fund (FKTFX) Class A

Franklin CA Tax-Free Income A Fund (FKTFX) is one of the best municipal bond mutual funds. This California Muni bond fund provides tax free income for investors. The fund review can be found below.

Franklin CA Tax-Free Income A (Ticker: FKTFX)

The investment aim of Franklin CA Tax-Free Income fund is to provide investors with as high a level of income exempt from federal and California personal income taxes. The fund invests >80% of its total assets in investment grade municipal securities whose interest is free from federal income taxes (including alternative minimum tax) and from California personal income taxes.

Fund Details

Franklin CA Tax-Free Income

• Fund Inception Date: January 31, 1977
• Ticker Symbol: FKTFX
• CUSIP: 352518104
• Beta (3yr): 1.42
• Rank in category (YTD): 40%
• Category: Muni California Long
• Distribution: 4.56%
• Capital Gains: 0%
• Expense Ratio: 0.57%
• Net Assets: $ 14.27 billion
• Number of Years Up: 27 years
• Number of Years Down: 7 years
• Average Duration: 5.9 years
• Average Maturity: 19.7 years
• Annual Turnover Rate: 7.41%

Updated on 10/4/2012

Best Performing Municipal Bond Mutual Funds 2012

The 10 best performing municipal bond mutual funds 2012 are SEI Tax-Exempt Tax-Advantaged Income Fund, Eaton Vance National Municipal Income, etc.

Top Municipal Bond Mutual Funds 2012

Municipal bond mutual funds invest most of its assets in higher quality rated municipal bonds. These bond funds provide income exempt from federal tax rate. They usually provide this tax free yield regularly (i.e. monthly or quarterly). They still have investment risks associated with them. Please check the fund prospectus for details.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2012 (up to September 23, 2012).

The 10 best performing municipal bond mutual funds 2012 are:

1. SEI Tax-Exempt Tax-Advantaged Income Fund
2. Performance Trust Municipal Bond Fund
3. Eaton Vance National Municipal Income Fund
4. Eaton Vance AMT-Free Municipal Income Fund
5. Lord Abbett National Tax-Free Income Fund
6. Lord Abbett AMT Free Municipal Bond Fund
7. Pioneer AMT-Free Municipal Fund
8. Nuveen All-American Municipal Bond Fund
9. Eaton Vance Tax-Advantaged Bond Strategy Long Term Fund
10. MainStay Tax-Free Bond Fund

Updated on 10/2/2012

Scout International Fund (UMBWX)

Scout International Fund (MBWX) is a foreign large growth mutual fund. It focuses its investment on non-U.S. companies’ stocks.

Scout International Fund (Ticker: UMBWX)

The investment aim of Scout International Fund is to provide long-term capital growth and income. The fund utilizes its assets to purchase a diversified portfolio of established non-U.S. companies’ equities. It may invest in investments in developing countries or emerging markets. The current shares price is $31.90 (9/26/2012).

Fund Details

• Fund Inception Date: September 13, 1993
• Ticker Symbol: UMBWX
• CUSIP: 81063U503
• Beta (3yr): 0.96
• Rank in category (YTD): 31%
• Category: Foreign Large Growth
• Distribution: 1.52%
• Capital Gains: 0%
• Expense Ratio: 0.99%
• Net Assets: $ 7.87 billion
• Number of Years Up: 13 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 20%

Updated on 10/01/2012

Best Performing High Yield Municipal Bond Mutual Funds 2012

The best performing high yield municipal bond mutual funds up to September 23, 2012 are Nuveen High Yield Municipal Bond fund, Pioneer High Income Municipal, etc.

Best Performing High Yield Muni Mutual Funds 2012

High yield muni mutual funds invest most of its assets in lower rated municipal bonds. These bond funds provide tax free high yield income for investors. They usually provide the distribution yield regularly (i.e. monthly or quarterly). They have higher risk than investment grade municipal bond funds.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2012 (up to September 23, 2012).

The 10 top performer high yield municipal bond mutual funds 2012 are:

1. Nuveen High Yield Municipal Bond Fund (NHMAX)
2. Pioneer High Income Municipal Fund (PIMAX)
3. Oppenheimer AMT-Free Municipals Fund (OPTAX)
4. Lord Abbett High Yield Municipal Bond Fund (HYMAX)
5. MainStay High Yield Municipal Bond Fund (MMHVX)

Permanent Portfolio Fund (PRPFX)

Permanent Portfolio Fund is a conservative allocation balanced mutual fund. It focuses its investment on stocks and bonds. The fund review can be found in this post.

Permanent Portfolio (Ticker: PRPFX)

The Permanent Portfolio fund objective is to preserve and increase the buying power value of its shares over the long term. The fund uses its assets to buy investment categories: gold, silver, Swiss franc assets, stocks of U.S. and foreign real estate and natural resource companies, aggressive growth stocks and dollar assets such as U.S. Treasury securities and short-term corporate bonds.

Fund Details

• Fund Inception Date: Nov 30, 1982
• Ticker Symbol: PRPFX
• CUSIP: 714199106
• Beta (3yr): 0.86
• Rank in category (YTD): 53%
• Category: Conservative Allocation
• Distribution: 0.86%
• Capital Gains: 0%
• Expense Ratio: 0.71%
• Net Assets: $ 18.05 billion
• Number of Years Up: 25 years
• Number of Years Down: 4 years
• Annual Turnover Rate: 8.87%

Updated on 9/28/2012