Top 5 Zacks #1 Ranked Small-Cap Mutual Funds - Best of Funds
24 7월 2012 - 11:51PM
Zacks
Investors looking to mop up handsome gains over a short run
often invest in small cap funds. Though riskier in character than
other fund categories, these funds have the ability to deliver
appreciably higher returns due to two primary reasons. Firstly,
they generate high volumes of sales in a booming market, leading to
a rise in prices. In addition, research has shown that smaller
firms reinvest their profits back into their business. This
reassures shareholders of better performance over the long
term.
Below we will share with you 5 top rated small-cap mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future. To view
the Zacks Rank and past performance of all small-cap funds,
investors can click here to see the complete list of funds.
Cambiar Small Cap (CAMSX) seeks capital growth over the
long term. The fund invests a large proportion of its assets in
small-cap companies. The market capitalization of these companies
must be lower than $3.5 billion or within the range of the Russell
2000 Index, whichever is greater. The small-cap mutual fund has a
three year annualized return of 20.14%.
Maria L. Mendelsberg is the fund manager and she has managed
this small-cap mutual fund since 2004.
Lord Abbett Small-Cap Value A (LRSCX) invests heavily in
small-cap companies. The fund purchases common and convertible
preferred stocks, convertible securities and other related
instruments. The companies it invests must have market
capitalizations within the range of the Russell 2000 index. This
small-cap mutual fund has a three year annualized return of
15.2%.
The small-cap mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.23% compared to a category average
of 1.36%.
Pacific Advisors Small Cap Value A (PASMX) seeks capital
appreciation. A large share of the fund’s assets is invested in
stocks of companies whose market capitalization is less than $2
billion. It also invests heavily in stocks with market
capitalization of less than $500 million, known as micro-cap
stocks. The small-cap mutual fund has a three year annualized
return of 13.6%.
George A. Henning is the fund manager and he has managed this
small-cap mutual fund since 1993.
Needham Small Cap Growth (NESGX) invests the majority of
its assets in domestic equity securities of companies traded on a
domestic security exchanges. The fund focuses on acquiring stocks
which are attractively priced relative to their underlying value.
The small-cap mutual fund has a three year annualized return of
13.19%.
As of June 2011, this small-cap mutual fund held 62 issues, with
10.52% of its total assets invested in Dreyfus Treasury Pr Cash
Mgmt Inst.
AllianceBernstein Small Cap Growth A (QUASX) seeks long
term capital appreciation. The fund invests heavily in equity
securities of small-cap companies with market capitalizations of
less than $10 million. At any given point in time the fund invests
in between 95 to 125 companies. This small-cap mutual fund has a
three year annualized return of 24.35%.
The small-cap mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.43% compared to a category average
of 1.45%.
To view the Zacks Rank and past performance of all small-cap
mutual funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(CAMSX): ETF Research Reports
(LRSCX): ETF Research Reports
(NESGX): ETF Research Reports
(PASMX): ETF Research Reports
(QUASX): ETF Research Reports
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