Best Retirement Income Mutual Funds 2013

Find best retirement income mutual funds 2013. Check the top mutual fund ranking and review.

Retirement Income Funds

Retirement income mutual funds invest in a mix of bonds, stocks, and cash for investors already in or near retirement. The funds are managed with conservative asset allocation strategy. The funds will provide consistent income for investors through dividend or interest income.

These best retirement income mutual funds are sorted based on its value, performance and quality. You can find various funds to invest in your financial accounts.  Please check the fund prospectus for investment risk, fund details, etc.

You may invest in your regular investment account or brokerage account, 401(k) account, traditional IRA, and Roth IRA. Please check with your brokerage or 401(k) account for details.

The 15 best retirement income mutual funds 2013 are:

1. Vanguard Target Retirement Income Fund (VTINX)
2. T. Rowe Price Retirement Income Fund (TRRIX)
3. Harbor Target Retirement Income Fund (HARAX)
4. USAA Target Retirement Income Fund (URINX)
5. TIAA-CREF Lifecycle Retirement Income Fund (TLRIX)
6. American Beacon Retirement Income and Appreciation Fund (AANPX)
7. TIAA-CREF Lifecycle Index Retirement Income Fund (TRILX)
8. Russell LifePoints In Retirement Fund (RZLRX)
9. Legg Mason Target Retirement Fund (LMPAX)
10. MFS Lifetime Retirement Income Fund (MLLAX)
11. American Century Asset Allocation Portfolios LIVESTRONG Income Portfolio (ARTAX)
12. JPMorgan SmartRetirement Income Fund (JSRAX)
13. Vantagepoint Milestone Retirement Income Fund (VPRRX)
14. Manning & Napier Target Income Series Fund (MTDCX)
15. BlackRock LifePath Retirement Portfolio (LPRAX)

Updated on June 17, 2013

Fidelity Select Leisure Fund (FDLSX)

Fidelity Select Leisure Fund (FDLSX) is a sector stock mutual fund. It invests in companies which operate in the leisure industries. This leisure industry is part of consumer cyclical sector.

Fidelity Select Leisure Fund (FDLSX)

The investment objective of Fidelity Select Leisure Fund is to seek capital appreciation. The stock fund invests mainly in common stocks of companies primarily engaged in the design, production, or distribution of goods or services in the leisure industries. It may invest in domestic and foreign companies. It uses fundamental analysis of factors such as financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

Fund Profile

Fidelity fund

• Fund Inception Date: May 7, 1984
• Ticker Symbol: FDLSX
• CUSIP: 316390707
• Beta (3yr): 0.91
• Rank in category (YTD): 22%
• Category: Consumer Cyclical
• Distribution: 1.20%
• Capital Gains: 0%
• Expense Ratio: 0.86%
• Net Assets: $ 372.1 million
• Number of Years Up: 23 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 77%

Updated on June 15, 2013

Best Municipal Bond Mutual Funds 2013

Find best municipal bond mutual funds list for the past 5 years. You will find top muni national short mutual fund, and more.

Municipal Bond Funds

Top Funds

Municipal bond funds are investing mainly in tax free municipal bonds issued by various U.S. municipalities such as state of California, state of Texas, Los Angeles city, New York City, and more. The interests are exempt from federal income tax, it may also exempt from state and local tax. You can buy these bond funds from your brokerage such as Vanguard, Fidelity, TD Ameritrade, ETrade, etc.

Top Funds

Muni National Short

Muni national short funds utilize its assets to purchase bonds issued by state and local governments to fund public projects. The portfolios have shorter duration of less than 5 years. These muni bond funds invest in investment grade bonds of many states and sectors. The income from these bonds is tax free from federal taxes and/or state taxes in the issuing state.

Best muni national short mutual funds are:

1. RidgeWorth S/T Municipal Bond A (SMMAX) – 4.78%
2. Thornburg Limited-Term Muni A (LTMFX) – 4.52%
3. Bernstein Diversified Municipal (SNDPX) – 4.05%
4. MFS Municipal Limited Maturity A (MTLFX) – 3.93%
5. Nuveen Limited-Term Municipal Bond A (FLTDX) – 3.90%
6. AllianceBern Intermediate Diversified Municipal A (AIDAX) – 3.78%
7. Glenmede Municipal Intermediate (GTCMX) – 3.67%
8. Wells Fargo Advantage Strategic Municipal Bond A (VMPAX) – 3.58%
9. T. Rowe Price Tax-Free Short-Intermediate (PRFSX) – 3.52%

Neuberger Berman Genesis Fund (NBGNX)

Neuberger Berman Genesis Fund (NBGNX) is a mid-cap growth mutual fund. It invests mainly in U.S. companies’ stocks.

Neuberger Berman Genesis Fund (NBGNX)

The investment objective of Neuberger Berman Genesis Fund is to seek capital growth. The mutual fund invests primarily in common stocks of small-capitalization companies. The small cap companies typically have a total market value of no more than $2 billion at the time the fund first invests in them. It may continue to hold or add to a position in a stock after the company’s market value has grown beyond $2 billion. The fund seeks to reduce risk by diversifying among many companies and industries.

Fund Details

NBGNX fund details

• Fund Inception Date: 09/26/1998
• Ticker Symbol: NBGNX
• CUSIP: 641224100
• Beta (3yr): 0.95
• Rank in category (YTD): 35%
• Category: Mid-Cap Growth
• Distribution: 0.49%
• Capital Gains: 0%
• Expense Ratio: 1.03%
• Net Assets: $ 12.1 billion
• Number of Years Up: 19 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 15%

Updated on June 11, 2013

Best John Hancock Mutual Funds for 2013 Investing

Find best John Hancock mutual funds for 2013 investing. Check the top performing stock fund, bond fund, and balanced fund.

John Hancock Funds

John Hancock Funds

John Hancock is a popular financial company which provides products and services such as 401(k) plan, college saving, life insurance, mutual funds, long term care, and more. John Hancock is part of Manulife Financial Corp since 2004. Its headquarters is located in Boston, Massachusetts.

John Hancock provides individual funds and asset allocation funds. For individual funds, there are more than 50 mutual funds for investors to select. It offers equity fund, fixed income fund, international and sector funds. For asset allocation funds or balanced fund, there are 5 lifestyle portfolios and 8 lifecycle portfolios.

Top Mutual Funds

These popular John Hancock mutual funds for 2013 are selected based on its performance history. The funds are ranked with 3 star rating or higher by Morningstar. You may find the fund review below and other fund information including yield, expense ratio, sales load, etc. More information about how to purchase these funds are listed below as well.

The best John Hancock mutual funds 2013 are:

1. JHancock3 Disciplined Value Mid Cap Fund (JVMAX)
2. JHancock3 Global Shareholder Yield Fund (JGYAX)
3. JHancock3 Core High Yield Fund (JYIAX)
4. JHancock3 Disciplined Value Fund (JVLAX)
5. JHancock Bond Fund (JHNBX)
6. JHancock2 US Equity Fund (JHUAX)
7. JHancock Income Fund (JHFIX)
8. JHancock2 Lifestyle Growth Fund (JALGX)

Fidelity Select Telecommunications Fund (FSTCX)

Fidelity Select Telecommunications Fund (FSTCX) is a sector stock fund. It invests mainly in technology companies which are engaged in communications services or equipment.

Fidelity Select Telecommunications Fund (FSTCX)

The investment aim of Fidelity Select Telecommunications Fund is to seek capital appreciation. The fund utilizes its assets to purchase common stocks of companies mainly engaged in the development, manufacture, or sale of communications services or communications equipment. The fund invests in domestic and foreign corporations. The fund is non-diversified.

Fund Profile

Fidelity fund

• Fund Inception Date: July 28, 1985
• Ticker Symbol: FSTCX
• CUSIP: 316390830
• Beta (3yr): 0.68
• Rank in category (YTD): 49%
• Category: Communications
• Yield: 2.11%
• Capital Gains: 0%
• Expense Ratio: 0.88%
• Net Assets: $ 412.7 million
• Number of Years Up: 21 years
• Number of Years Down: 6 years
• Annual Turnover Rate: 72%

Updated on June 5, 2013

Invesco Energy Fund (IENAX)

Invesco Energy Fund (IENAX) is a sector stock mutual fund. This energy equity mutual fund invests mainly in energy related companies such as oil, gas, and exploration business.

Invesco Energy Fund (Ticker: IENAX)

The Invesco Energy Fund objective is to provide long-term capital growth. The fund utilizes its assets to purchase a portfolio of securities of issuers engaged in energy-related industries. It invests predominantly in equity securities. The principal type of equity securities purchased by the fund is common stock. The fund may invest up to 100% of its net assets in foreign securities of issuers doing business in energy-related industries. It invests in issuers of all market capitalizations.

Invesco Fund Details

IENAX fund

• Fund Inception Date: 03/27/2002
• Ticker Symbol: IENAX
• CUSIP: 00142F204
• Beta (3yr): 1.38
• Rank in category (YTD): 68%
• Category: Equity Energy
• Distribution: 0.00%
• Capital Gains: 0%
• Expense Ratio: 1.12%
• Net Assets: $ 1.3 billion
• Number of Years Up: 7 years
• Number of Years Down: 3 years
• Annual Turnover Rate: 61%

Updated on 6/5/2013