Best Ultrashort Bond Mutual Funds 2013

Discover best ultrashort bond mutual funds 2013. These top bond funds are selected based on several criteria such as fees, management, performance, income, and potential appreciation.

Top Bond Mutual Funds

Ultrashort bond mutual funds invests mainly in high quality U.S. fixed incomes or debts with less than 1 year duration. The investment includes investment grade corporate or government ultrashort bonds. It doesn’t invest in international, convertible, multisector, and high yield bond securities. These bond funds are less sensitive to interest rate hike. It also has low risk and low total return potential.

As described, these best ultrashort bond mutual funds 2013 are selected based on its low fees, management, interest income, and growth opportunities. You can choose these best mutual funds for your brokerage account or retirement account including 401k, traditional IRA, or Roth IRA. Some are available to invest for as little as $1,000.

The 10 best ultrashort bond mutual funds 2013 are:

1. Metropolitan West Ultra Short Bond Fund (MWUSX)
2. TCW Short Term Bond Fund (TGSMX)
3. PIMCO Short-Term Fund (PSHAX)
4. William Blair Low Duration Fund (WBLNX)
5. Calvert Ultra-Short Income Fund (CULAX)
6. Western Asset Adjustable Rate Income Fund (ARMZX)
7. Federated Ultrashort Bond Fund (FULAX)
8. PIA Short Term Securities Fund (PIASX)
9. Managers Short Duration Government Fund (MGSDX)
10. Wells Fargo Advantage Adjusted Rate Government Fund (ESAAX)

Updated on July 5, 2013

Oppenheimer Senior Floating Rate Fund (OOSAX)

Oppenheimer Senior Floating Rate Fund (OOSAX) is a taxable bond mutual fund. This Oppenheimer Senior Floating Rate Fund provides high yield of 4.97%.

Oppenheimer Senior Floating Rate Fund (OOSAX)

The investment aim of Oppenheimer Senior Floating Rate Fund is to seek income. The mutual fund utilizes its assets to purchase floating rate loans that hold a senior position in the capital structure of U.S. and foreign corporations, partnerships or other business entities. It invests majority of assets (>80%) in Senior Loans. The fund may invest in securities of the group of industries in the financial services sector.

Fund Profile

Oppenheimer Funds

• Fund Inception Date: September 7, 1999
• Ticker Symbol: OOSAX
• CUSIP: 68381K101
• Beta (3yr): -0.48
• Rank in category (YTD): 30%
• Category: Bank Loan
• Yield: 4.97%
• Capital Gains: 0%
• Expense Ratio: 1.05%
• Net Assets: $ 9.7 billion
• Number of Years Up: 12 years
• Number of Years Down: 1 year
• Average Duration: 0.24 years
• Annual Turnover Rate: 54%

Updated on July 1, 2013

Best Latin America Stock Mutual Funds 2013

Find best Latin America stock mutual funds 2013. These top Latin America stock mutual funds 2013 are great for diversification.

Best International Stock Mutual Funds

Latin America stock mutual fund is part of international stock mutual fund. It utilizes its assets to purchase portfolio of stocks from Latin America. It may invest in Brazil, Mexico, Argentina, Venezuela, Columbia, Peru and more. These countries are part of emerging markets or developing region.

These best Latin America stock mutual funds 2013 are selected based on its performance, fee, and potential for future growth. You can choose these best mutual funds for your brokerage account or retirement account. It is available to invest for as little as $1,000.

The 6 best Latin America stock mutual funds 2013 are:

1. JPMorgan Latin America Fund (JLTAX)
2. BlackRock Latin America Fund (MDLTX)
3. Fidelity Latin America Fund (FLATX)
4. T. Rowe Price Latin America Fund (PRLAX)
5. Dreyfus Brazil Equity Fund (DBZAX)
6. DWS Latin America Equity Fund (SLANX)

Updated on 6/29/2013

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 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

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:

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

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 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

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 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