June 27, 2013

Invesco European Growth Fund (AEDAX)

Invesco European Growth Fund (AEDAX) is a Europe stock mutual fund. It invests mainly in stocks of companies located in Europe such as Great Britain, German, Spain, France, etc.

Invesco European Growth Fund (AEDAX)

The Invesco European Growth Fund objective is to seek long-term capital growth. The fund utilizes its assets to purchase a portfolio of securities of European issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests mainly in equity securities and depositary receipts. The fund may invest in the securities of issuers of all capitalization sizes; however, the fund may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

Fund Profile

Invesco European Growth Fund profile
Invesco fund profile
  • Fund Inception Date: 11/2/1997
  • Ticker Symbol: AEDAX
  • CUSIP: 008882854
  • Beta (3yr): 0.91
  • Rank in category (YTD): 12%
  • Category: Europe Stock
  • Distribution: 1.72%
  • Capital Gains: 0%
  • Expense Ratio: 1.47%
  • Net Assets: $ 973.1 million
  • Number of Years Up: 10 years
  • Number of Years Down: 5 years
  • Annual Turnover Rate: 14%
Updated on June 27, 2013

June 25, 2013

Best Performing Bank Loan Closed End Funds June 2013

Discover best performing bank loan closed end funds June 2013. Check the CEFs performance. The top funds are Invesco Senior Income Trust fund, LMP Corporate Loan Fund, Nuveen Floating Rate Income Opportunities fund, etc.

Bank Loan Funds

Bank loan funds are investing mainly in floating rate bank loans taken on by corporations. These funds are also known as floating rate funds. The fund may provide high yield income for investors. Typically, the funds have very little interest-rate risk. The big risk with bank loan funds is default by the borrowers.

The top performing list is sorted based on its performance for the past 1 year. You can find the fund review, performance, expense ratio, dividend yield, fund’s NAV, management, leverage, fund’s sponsor, premium/discount info, etc.

Best Performing CEFs

The 20 best performing bank loan closed end funds June 2013 are:
Best Performing Bank Loan CEFs image
Top Funds
  1. Invesco Senior Income Trust (VVR)
  2. LMP Corporate Loan Fund Inc (TLI)
  3. Nuveen Floating Rate Income Opportunities (JRO)
  4. Invesco Dynamic Credit Opportunities (VTA)
  5. ING Prime Rate Trust (PPR)
  6. Nuveen Floating Rate Income Fund (JFR)
  7. Nuveen Credit Strategies Income Fund (JQC)
  8. BlackRock Floating Rate Income Strategies Fund, Inc (FRA)
  9. Apollo Senior Float Rate Fund Inc (AFT)
  10. Nuveen Senior Income Fund (NSL)
  11. Eaton Vance Senior Income Trust (EVF)
  12. Nuveen Short Duration Credit Opportunities Fund (JSD)
  13. BlackRock Defined Opportunity Credit Trust (BHL)
  14. Pioneer Floating Rate Trust (PHD)
  15. Blackstone/GSO Long-Short Credit Income Fund (BGX)
  16. First Trust Senior Floating Rate Income Fund II (FCT)
  17. BlackRock Floating Rate Income Trust (BGT)
  18. Eaton Vance Senior Floating-Rate Trust (EFR)
  19. Eaton Vance Floating-Rate Income Trust (EFT)
  20. Blackstone/GSO Senior Floating Rate Term Fund (BSL)
Updated on June 25, 2013

June 23, 2013

Royce Pennsylvania Mutual Fund (PENNX)

Royce Pennsylvania Mutual Fund (PENNX) is a domestic stock fund. This Royce Pennsylvania Mutual Fund invests mainly in small companies’ stocks with growth potential.

Royce Pennsylvania Mutual Fund (PENNX)

The investment objective of Royce Pennsylvania Mutual Fund is to provide long-term growth of capital. The mutual fund utilizes its assets to purchase the equity securities of small-cap and micro-cap companies. These companies have market capitalizations up to $2.5 billion. It may invest up to 25% of its net assets in foreign securities.

This domestic stock fund generally invests in companies that Royce believes have excellent business strengths, high internal rates of return and low leverage. It may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities and/or manage cash levels in the fund's portfolio.

Royce Fund Details

Royce Pennsylvania Mutual Fund
Royce fund
  • Fund Inception Date: October 30, 1972
  • Ticker Symbol: PENNX
  • CUSIP: 780905840
  • Beta (3yr): 1.19
  • Rank in category (YTD): 82%
  • Category: Small Growth
  • Distribution: 1.17%
  • Capital Gains: 0%
  • Expense Ratio: 0.89%
  • Net Assets: $ 6.5 billion
  • Number of Years Up: 33 years
  • Number of Years Down: 7 years
  • Annual Turnover Rate: 22%
Updated on June 23, 2013

June 21, 2013

Top Performing Real Estate ETFs June 2013

Find top performing real estate ETFs June 2013. Check the best REIT ETFs for your investment including iShares Cohen & Steers REIT ETF, Wilshire US REIT ETF, and more.

Top Real Estate ETFs

Real estate exchange traded funds invest mainly in stocks of companies related in real estate industry. It may invest in REIT or real estate investment trust. These ETFs are typically index funds that are tracking their benchmark.

The funds have higher yield than other sector 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 1 year total return.

The top performing real estate ETFs June 2013 are:
Top Performing Real Estate ETFs
Top Performer ETFs
  1. iShares Cohen & Steers Realty Majors (ICF)
  2. SPDR Dow Jones REIT (RWR)
  3. Schwab US REIT ETF (SCHH)
  4. Wilshire US REIT ETF (WREI)
  5. iShares FTSE EPRA/NAREIT North America (IFNA)
  6. iShares FTSE NAREIT Industrial/Office Capped Index (FNIO)
  7. iShares FTSE NAREIT Real Estate 50 (FTY)
  8. iShares FTSE NAREIT Residential Plus Capped Index (REZ)
  9. First Trust S&P REIT Index (FRI)
  10. Vanguard REIT Index ETF (VNQ)
  11. iShares Dow Jones US Real Estate (IYR)
  12. iShares FTSE NAREIT Retail Capped Index (RTL)
  13. iShares FTSE NAREIT Mort Plus Capped Index (REM)
  14. Market Vectors Mortgage REIT ETF (MORT)
  15. PowerShares KBW Premium Yield Equity REIT (KBWY)
  16. IQ U.S. Real Estate Small Cap ETF (ROOF)
Updated on June 21, 2013

June 19, 2013

Nuveen Real Estate Securities Fund (FREAX)

Nuveen Real Estate Securities Fund (FREAX) invests in companies involved in the real estate industry. It provides high yield dividend for income.

Nuveen Real Estate Securities Fund (FREAX)

The investment aim of Nuveen Real Estate Securities Fund is to achieve above average current income and long-term capital appreciation. The fund utilizes its assets to purchase income-producing common stocks of publicly traded companies engaged in the real estate industry. It expects to emphasize investments in equity REITs, although it may invest in all 3 kinds of REITs. It may invest in non-dollar denominated equity securities of foreign issuers, including emerging market issuers. It is non-diversified.

Fund Profile

Nuveen Real Estate Securities Fund (FREAX)
FREAX fund profile
  • Fund Inception Date: September 28, 1995
  • Ticker Symbol: FREAX
  • CUSIP: 670678705
  • Beta (3yr): 0.83
  • Rank in category (YTD): 39%
  • Category: Real Estate
  • Distribution: 1.76%
  • Capital Gains: 0%
  • Expense Ratio: 1.26%
  • Net Assets: $ 4.8 billion
  • Number of Years Up: 13 years
  • Number of Years Down: 4 years
  • Annual Turnover Rate: 76%
Updated on 6/19/2013

June 17, 2013

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:
    Best Retirement Income Mutual Funds 2013
  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

June 15, 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 Select Leisure Fund (FDLSX)
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

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