Russell Global Real Estate Securities Fund (RREAX)

Russell Global Real Estate Securities Fund (RREAX) is a sector stock mutual fund. It invests mainly in real estate companies including REITs.

Russell Global Real Estate Securities Fund (RREAX)

The Russell Global Real Estate Securities Fund objective is to seek current income and long-term capital growth. This mutual fund uses its assets to buy real estate securities. It seeks to achieve its objective by concentrating its investments in equity securities of real estate companies economically tied to a number of countries around the world, including the U.S., in a globally diversified manner. The fund invests principally in securities of companies, known as real estate investment trusts and other REIT-like entities that own interests in real estate or real estate-related loans.

Fund Profile

Russell Fund

• Fund Inception Date: 02/ 27/ 2007
• Ticker Symbol: RREAX
• CUSIP: 782494405
• Beta (3yr): 0.93
• Rank in category (YTD): 41%
• Category: Global Real Estate
• Distribution: 4.90%
• Capital Gains: 0%
• Expense Ratio: 1.35%
• Net Assets: $ 1.9 billion
• Number of Years Up: 3 years
• Number of Years Down: 2 years
• Annual Turnover Rate: 64.00% 

updated on July 9, 2013

Top Performer Convertible Securities CEFs 2013

Find top performer convertible securities CEFs June 2013. These closed end funds are hybrid of bond and stock funds.

Convertible Bond Closed End Funds

Convertible bond closed end funds utilizes its assets to purchase portfolio of bonds that can be converted into stocks at a set price. These bonds typically have lower credit quality or unrated. The main risk of investing in this fund is liquidity risk due to low demand. It also has a high yield for income. You can invest in regular investment account, retirement account, 401(k) account, etc.

These best performing closed end funds are sorted based on its 1 year total return up to July, 1 2013. You may find other fund review information: expense ratio, fund’s NAV, management, objective, yield, top holdings, etc.

The top performer convertible securities closed end funds July 2013 are:

1. Gabelli Convertible & Income Securities (GCV)
2. AllianzGI Convertible & Income II (NCZ)
3. AllianzGI Convertible & Income (NCV)
4. Advent Claymore Convertible & Income Securities (AVK)
5. AllianzGI Equity & Convertible Inc (NIE)
6. Advent Claymore Convertible Securities & Income (AGC)
7. Ellsworth Fund Ltd (ECF)
8. Bancroft Fund Ltd (BCV)
9. Calamos Convertible Opportunities & Income (CHI)
10. Calamos Convertible & High Income (CHY)
11. Putnam High Income Securities (PCF)

Updated on July 6, 2013

Prudential Jennison Utility Fund (PRUAX)

Prudential Jennison Utility Fund (PRUAX) is a sector stock mutual fund. Prudential Jennison Utility Fund invests mainly in securities of utility companies.

Prudential Jennison Utility Fund (PRUAX)

The investment objective of Prudential Jennison Utility Fund is to provide total return through a combination of capital appreciation and current income. The equity fund uses its assets to purchase equity and investment-grade debt securities of utility companies. The fund participates in the initial public offering (IPO) market. In deciding which stocks to buy, it uses what is known as a value investment style. The fund is non-diversified.

Fund Profile

Prudential Fund

• Fund Inception Date: January 21, 1990
• Ticker Symbol: PRUAX
• CUSIP: 74441P858
• Beta (3yr): 0.62
• Rank in category (YTD): 34%
• Category: Utilities
• Yield: 2.37%
• Capital Gains: 0%
• Expense Ratio: 0.87%
• Net Assets: $ 3.1 billion
• Number of Years Up: 18 years
• Number of Years Down: 4 years
• Annual Turnover Rate: 37%

Updated on July 5, 2013

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