Best Performing Emerging Markets CEFs July 2013

Find best performing emerging markets CEFs July 2013 for the past year. These closed end funds invests mainly in companies stocks that are located in emerging markets countries.

Top Emerging Markets Stock Funds

These emerging markets stock CEFs utilizes its assets to purchase a companies located in emerging markets countries. The companies are located in Brazil, China, Russia, Taiwan, India, Mexico, Malaysia, Indonesia, Thailand, etc. Closed end funds are traded like stocks and ETFs (Exchange Traded Funds). They may provide opportunity for growth, value and income.

These best performing closed end funds are sorted based on its 1 year total return up to July 15, 2013. You may find other fund review information: expense ratio, fund’s NAV, management, objective, yield, premium/discount, top holdings, etc.

The best performing emerging markets CEFs July 2013 are:

1. Mexico Fund (MXF)
2. Mexico Equity & Income (MXE)
3. Herzfeld Caribbean Basin (CUBA)
4. Turkish Investment Fund (TKF)
5. Morgan Stanley Eastern Europe (RNE)
6. Aberdeen Emerging Markets Smaller Company Opportunities (ETF)
7. India Fund (IFN)
8. Morgan Stanley Emerging Markets (MSF)
9. Central Euro Russia & Turkey (CEE)
10. First Trust/Aberdeen Emerging Op (FEO)
11. Aberdeen Latin America (LAQ)
12. Templeton Emerging Markets (EMF)
13. ING Emerging Markets High Dividend Equity (IHD)
14. Morgan Stan India Investment (IIF)

Updated on July 15, 2013

T. Rowe Price International Stock Fund (PRITX)

T. Rowe Price International Stock Fund (PRITX) invests in non-U.S. company equities. As part of T. Rowe Price, T. Rowe Price International Stock Fund is very popular among investors.

T. Rowe Price Fund

The investment aim of T. Rowe Price International Stock Fund is to provide long-term capital growth through investments primarily in the common stocks of established, non-U.S. companies. The fund expects to invest substantially all of its assets in stocks outside the U.S. and to diversify broadly among developed and emerging countries throughout the world. It may purchase the stocks of any size companies, but its focus is on large-sized companies and medium-sized companies.

Fund Details

T Rowe Price fund

• Fund Inception Date: May 8, 1980
• Ticker Symbol: PRITX
• CUSIP: 77956H203
• Beta (3yr): 0.99
• Rank in category (YTD): 74%
• Category: Foreign Large Growth
• Distribution: 1.26%
• Capital Gains: 0%
• Expense Ratio: 0.85%
• Net Assets: $ 11.0 billion
• Number of Years Up: 22 years
• Number of Years Down: 10 years
• Annual Turnover Rate: 33.50%

Updated on July 13, 2013

Best Muni California Intermediate Mutual Funds 2013

Discover best Muni California Intermediate mutual funds 2013. These California intermediate municipal bond mutual funds provide tax free income for investors.

Top Municipal Bond Funds

Municipal California intermediate mutual fund invests mainly in California municipal debts. This fixed income fund provides tax free income from federal taxes and California state taxes. It is attractive to residents of California. It invests in several bond sectors such as general obligation, local municipal, health, education, etc. This municipal California fund has durations of less than 7 years.

From this best mutual funds list, you may find each individual fund review. Check the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on fees, yield, fund returns, and potential for growth.

Best Muni California Intermediate Mutual Funds 2013 are:

1. Vanguard California Intermediate Term Tax Exempt Fund (VCAIX)
2. Franklin California Intermediate-Term Tax-Free Income Fund (FKCIX)
3. Schwab California Long Term Tax Free Bond Fund (SWCAX)
4. Managers California Intermediate Tax Free Fund (MCATX)
5. Northern California Intermediate Tax-Exempt Fund (NCITX)
6. Shelton Capital Management California Tax-Free Income Fund (CFNTX)
7. Columbia California Intermediate Municipal Bond Fund (NACMX)
8. Western Asset Intermediate Maturity CA Municipals Fund (ITCAX)
9. SEI Tax-Exempt California Municipal Bond Fund (SBDAX)
10. American Century California Intermediate-Term Tax-Free Bond Fund (BCIAX)

Updated on July 11, 2013

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