10 U.S. Equity Mutual Fund Bargains
Indeed, expense ratios would have helped investors make better decisions in all asset classes in 2008, 2009 and 2010, Russel contends. "Expenses are just so dependable that it makes sense to make them an initial screen in your process," he writes on Morningstar.com.
With that in mind, Bank Investment Consultant and sister publications On Wall Street and Financial Planning searched for good mutual fund bargains. Here are 10 Morningstar gold- and silver-rated, five-star, no-load, U.S. equity mutual funds with expense ratios less than .50% that you might want to keep in mind for your clients. All values are as of 10/28/14.
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Margarida Correia
Invesco Comstock R5 (ACSHX)
Morningstar Category: Large value
YTD Return (%): 4.41
Expense Ratio (%): 0.49
Total Assets ($mil): 12,843
Vanguard Capital Opportunity Adm (VHCAX)
Morningstar Category: Large growth
YTD Return (%): 11.17
Expense Ratio (%): 0.41
Total Assets ($mil): 12,844
Vanguard Capital Opportunity Inv (VHCOX)
Morningstar Category: Large growth
YTD Return (%): 11.11
Expense Ratio (%): 0.48
Total Assets ($mil): 12,844
Vanguard Equity-Income Adm (VEIRX)
Morningstar Category: Large value
YTD Return (%): 6.22
Expense Ratio (%): 0.21
Total Assets ($mil): 17,847
Vanguard Equity-Income Inv (VEIPX)
Morningstar Category: Large value
YTD Return (%): 6.15
Expense Ratio (%): 0.3
Total Assets ($mil): 17,847
Vanguard Mid-Cap Index Adm (VIMAX)
Morningstar Category: Mid-cap blend
YTD Return (%): 7.1
Expense Ratio (%): 0.09
Total Assets ($mil): 49,656
Vanguard Mid-Cap Index I (VMCIX)
Morningstar Category: Mid-cap blend
YTD Return (%): 7.13
Expense Ratio (%): 0.08
Total Assets ($mil): 49,656
Vanguard PRIMECAP Adm (VPMAX)
Morningstar Category: Large growth
YTD Return (%): 12.14
Expense Ratio (%): 0.36
Total Assets ($mil): 44,255
Vanguard PRIMECAP Inv (VPMCX)
Morningstar Category: Large growth
YTD Return (%): 12.04
Expense Ratio (%): 0.45
Total Assets ($mil): 44,255
Vanguard Selected Value Inv (VASVX)
Morningstar Category: Mid-cap value
YTD Return (%): 2.02
Expense Ratio (%): 0.43
Total Assets ($mil): 9,972