JPMorgan Mid Cap Value Fund (JAMCX)

JPMorgan Mid Cap Value Fund (JAMCX) invests mainly in stock of U.S. mid cap companies. This domestic stock fund also invests in REITs.

JPMorgan Mid Cap Value Fund (JAMCX)

The investment aim of JPMorgan Mid Cap Value Fund is to seek growth from capital appreciation. This mutual fund uses its assets to buy equity securities of mid cap companies. Mid cap companies are corporations with market capitalizations between $1 billion and $20 billion at the time of purchase. In implementing its main strategies, it invests primarily in common stocks and real estate investment trusts (REITs). It may use futures contracts to enhance its portfolio.

Fund Profile

JAMCX fund

• Fund Inception Date: April 29, 2001
• Ticker Symbol: JAMCX
• CUSIP: 339128308
• Beta (3yr): 0.95
• Rank in category (YTD): 60%
• Category: Mid-Cap Value
• Yield: 0.97%
• Capital Gains: 0%
• Expense Ratio: 1.24%
• Net Assets: $ 12.4 billion
• Number of Years Up: 10 years
• Number of Years Down: 1 year
• Annual Turnover Rate: -

updated on 5/28/2013

Top Performing Large Cap Stock ETFs May 2013

Looking for the top performing large cap stock exchange traded funds 2013? The top funds are First Trust Morningstar Dividend Leaders Index, PowerShares Dynamic Large Cap Value, etc.

Top ETFs

Large cap stock funds invest mainly in common stocks of U.S. large companies. The large cap or large capitalization or big cap means the companies has a market capitalization value of more than $10 billion. Investing in these companies is typically less risky than investing in mid cap or small cap. You can invest in the large cap companies through 2 main investment funds: mutual funds and exchange traded funds (ETFs).

These top performing ETFs are sorted based on its 1 year return (up to May 2013). You can find the fund review from this article. Other fund information can be found below such as expense ratio, Morningstar rating, fund’s NAV, managers, fund’s holdings, yield, etc.

The top performing large cap stock exchange traded funds 2013 are:

Top ETFs

1. First Trust Morningstar Dividend Leaders Index (FDL)
2. PowerShares Dynamic Large Cap Value (PWV)
3. PowerShares Fundamental Pure Large Value (PXLV)
4. SPDR S&P Dividend (SDY)
5. PowerShares S&P 500 Low Volatility (SPLV)
6. Guggenheim Defensive Equity (DEF)
7. WisdomTree Equity Income (DHS)
8. Vanguard Russell 1000 Value Index ETF (VONV)
9. iShares Russell 1000 Value Index (IWD)
10. iShares Russell 3000 Value Index (IWW)

Oppenheimer International Bond Fund (OIBAX)

Oppenheimer International Bond Fund (OIBAX) is a popular world bond mutual fund. It invests mainly in developed and emerging markets countries debts. It provides income for investors.

Oppenheimer International Bond Fund (OIBAX)

The investment objective of Oppenheimer International Bond Fund is to provide total return. The mutual fund uses majority of its assets in foreign debt securities. This taxable bond fund invests in debt securities of issuers in both developed and emerging markets throughout the world. It invests mainly in debt securities of foreign government and corporate issuers. The fund may buy securities issued by companies of any size or market capitalization range and at times might emphasize securities of issuers in a particular capitalization range. It is non-diversified.

Fund Details

OIBAC fund

• Fund Inception Date: June 14, 1995
• Ticker Symbol: OIBAX
• CUSIP: 68380T103
• Beta (3yr): 0.34
• Rank in category (YTD): 31%
• Category: World Bond 
• Distribution: 3.68%
• Capital Gains: 0%
• Expense Ratio: 1.02%
• Net Assets: $ 13.1 billion
• Number of Years Up: 14 years
• Number of Years Down: 3 years
• Annual Turnover Rate: 111% 

Updated on May 24, 2013

Best Performing Intermediate Term Bond ETFs May 2013

Best performing intermediate term bond ETFs May 2013 are PIMCO Total Return ETF, Guggenheim BulletShares 2020 Corporate Bond, iShares Financials Sector Bond fund.

Top ETFs

Intermediate Term Bond Fund

Intermediate term bond fund should be your primarily choice for income diversification. It has a lower risk than long term bond fund. It also has a higher yield than short term bond fund. You can invest in intermediate-term bond fund through mutual fund, exchange traded fund, or closed end fund.

The intermediate term bond fund uses its assets to purchase investment grade corporate bonds, government bonds (U.S. Treasury) or other U.S. fixed income debts. These debts typically have durations of 4 to 7 years. As mentioned before, they are less sensitive to interest rates, therefore less volatile than long duration bonds.

Top Performer ETFs

These top performer ETFs are sorted based on its 1 year return (up to May 2013). You can find the fund review from this article. Other fund information can be found below such as expense ratio, Morningstar rating, fund’s NAV, managers, fund’s holdings, yield, etc.

Best performing intermediate term bond ETFs May 2013 are:

1. PIMCO Total Return ETF (BOND)
2. Guggenheim BulletShares 2020 Corporate Bond (BSCK)
3. iShares Financials Sector Bond (MONY)
4. Vanguard Intermediate-Term Corporate Bond Index ETF (VCIT)
5. Guggenheim BulletShares 2019 Corp Bond (BSCJ)
6. PIMCO Investment Grade Corporate Bond Index ETF (CORP)
7. Guggenheim BulletShares 2017 Corporate Bond (BSCH)
8. iShares Barclays Credit Bond (CFT)
9. Vanguard Intermediate-Term Bond ETF (BIV)
10. SPDR Barclays Cap Intermediate Term Corporate Bond (ITR)

Fidelity Select Banking Fund (FSRBX)

Fidelity Select Banking Fund (FSRBX) is a sector stock mutual fund. It provides a tool for investor who likes to diversify in banking or financial sectors. It also has a higher yield than other stock fund.

Fidelity Select Banking Fund (FSRBX)

The investment aim of Fidelity Select Banking Fund is to provide capital appreciation. The fund utilizes its assets to purchase common stocks of companies mainly engaged in banking. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer’s financial condition and industry position to choose the companies. It may use market and economic conditions to select investments as well.

Fund Profile

Fidelity fund details

• Fund Inception Date: June 29, 1986
• Ticker Symbol: FSRBX
• CUSIP: 316390640
• Beta (3yr): 1.12
• Rank in category (YTD): 64%
• Category: Financial
• Distribution: 1.17%
• Capital Gains: 0%
• Expense Ratio: 0.87%
• Net Assets: $ 549.5 million
• Number of Years Up: 18 years
• Number of Years Down: 8 years
• Annual Turnover Rate: 91.00%

updated on 5/242013

Top Performing Convertibles Mutual Funds May 2013

The top performing convertibles mutual funds May 2013 are Fidelity Convertible Securities fund, Putnam Convertible Securities, etc. These convertible funds provide income for investors.

Convertible Bond Mutual Funds

Top Funds

Convertibles mutual funds are part of balanced funds. They invest primarily in convertible bonds and convertible preferred stocks. The portfolios provide investors a capital growth opportunity and regular income. The convertible bonds in the mutual fund allow the fund to convert the bonds into shares of stock. The funds act like stocks and like bonds; hence they are part of balanced fund.

Investors can buy this convertibles mutual fund from brokerage such as Vanguard, Fidelity, T. Rowe Price, and other brokers. This fund can be bought with as little as $1,000 or $250 for your investment account or retirement account. You can find the best performing convertibles mutual funds below.

These top performers are sorted based on its 1 year return (up to May 2013). You can find the fund review from this article. Other fund information can be found below such as expense ratio, Morningstar rating, fund’s NAV, managers, fund’s holdings, yield, etc.

The top performing convertibles mutual funds May 2013 are:

1. Fidelity Convertible Securities fund (FCVSX)
2. Putnam Convertible Securities fund (PCONX)
3. Invesco Convertible Securities fund (CNSAX)
4. AllianzGI Convertible fund (ANZAX)
5. Columbia Convertible Securities fund (PACIX)
6. Vanguard Convertible Securities fund (VCVSX)
7. Lord Abbett Convertible fund (LACFX)
8. Franklin Convertible Securities fund (FISCX)
9. RBC BlueBay Global Convertible Bond I (RGCBX)
10. MainStay Convertible fund (MCOAX)

Goldman Sachs Structured International Small Cap Fund (GICAX)

Goldman Sachs Structured International Small Cap Fund is an international stock fund. It invests in non-U.S. companies stocks. It also has a high yield of 4.35%.

Goldman Sachs Structured International Small Cap Fund (GICAX)

Goldman Sachs Structured International Small Cap Fund objective is to provide long term capital appreciation. It uses its assets to buy a broadly diversified portfolio of equity investments in small-cap non-U.S. issuers. It seeks to maximize its expected return, while maintaining risk, style, and capitalization characteristics similar to the MSCI Europe, Australasia, Far East Small Cap Index. It may invest in emerging countries and fixed income securities.

Fund Details

Goldman Sachs fund

• Fund Inception Date: 09/27/2007
• Ticker Symbol: GICAX
• CUSIP:
• Beta (3yr): 1.00
• Rank in category (YTD): 6%
• Category: Foreign Small/Mid Value
• Distribution: 4.35%
• Capital Gains: 0%
• Expense Ratio: 1.30%
• Net Assets: $ 286.3 million
• Number of Years Up: 3 years
• Number of Years Down: 2 years
• Annual Turnover Rate: 150%

Updated on 5/21/2013