10 U.S. Equity Mutual Fund Bargains
October 29, 2014 5:58 PM
10 U.S. Equity Mutual Fund Bargains
Many investors often look at funds' past performance to make their fund selections, but a better, more dependable gauge of future performance are expense ratios, says Russell Kinnel, director of mutual fund research at Morningstar.
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.
For a single-page text version of this slideshow, click here.
Margarida Correia
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.
For a single-page text version of this slideshow, click here.
Margarida Correia
Invesco Comstock R5 (ACSHX)
Morningstar Analyst Rating: Silver
Morningstar Category: Large value
YTD Return (%): 4.41
Expense Ratio (%): 0.49
Total Assets ($mil): 12,843
Morningstar Category: Large value
YTD Return (%): 4.41
Expense Ratio (%): 0.49
Total Assets ($mil): 12,843
Vanguard Capital Opportunity Adm (VHCAX)
Morningstar Analyst Rating: Gold
Morningstar Category: Large growth
YTD Return (%): 11.17
Expense Ratio (%): 0.41
Total Assets ($mil): 12,844
Morningstar Category: Large growth
YTD Return (%): 11.17
Expense Ratio (%): 0.41
Total Assets ($mil): 12,844
Vanguard Capital Opportunity Inv (VHCOX)
Morningstar Analyst Rating: Gold
Morningstar Category: Large growth
YTD Return (%): 11.11
Expense Ratio (%): 0.48
Total Assets ($mil): 12,844
Morningstar Category: Large growth
YTD Return (%): 11.11
Expense Ratio (%): 0.48
Total Assets ($mil): 12,844
Vanguard Equity-Income Adm (VEIRX)
Morningstar Analyst Rating: Silver
Morningstar Category: Large value
YTD Return (%): 6.22
Expense Ratio (%): 0.21
Total Assets ($mil): 17,847
Morningstar Category: Large value
YTD Return (%): 6.22
Expense Ratio (%): 0.21
Total Assets ($mil): 17,847
Vanguard Equity-Income Inv (VEIPX)
Morningstar Analyst Rating: Silver
Morningstar Category: Large value
YTD Return (%): 6.15
Expense Ratio (%): 0.3
Total Assets ($mil): 17,847
Morningstar Category: Large value
YTD Return (%): 6.15
Expense Ratio (%): 0.3
Total Assets ($mil): 17,847
Vanguard Mid-Cap Index Adm (VIMAX)
Morningstar Analyst Rating: Gold
Morningstar Category: Mid-cap blend
YTD Return (%): 7.1
Expense Ratio (%): 0.09
Total Assets ($mil): 49,656
Morningstar Category: Mid-cap blend
YTD Return (%): 7.1
Expense Ratio (%): 0.09
Total Assets ($mil): 49,656
Vanguard Mid-Cap Index I (VMCIX)
Morningstar Analyst Rating: Gold
Morningstar Category: Mid-cap blend
YTD Return (%): 7.13
Expense Ratio (%): 0.08
Total Assets ($mil): 49,656
Morningstar Category: Mid-cap blend
YTD Return (%): 7.13
Expense Ratio (%): 0.08
Total Assets ($mil): 49,656
Vanguard PRIMECAP Adm (VPMAX)
Morningstar Analyst Rating: Gold
Morningstar Category: Large growth
YTD Return (%): 12.14
Expense Ratio (%): 0.36
Total Assets ($mil): 44,255
Morningstar Category: Large growth
YTD Return (%): 12.14
Expense Ratio (%): 0.36
Total Assets ($mil): 44,255
Vanguard PRIMECAP Inv (VPMCX)
Morningstar Analyst Rating: Gold
Morningstar Category: Large growth
YTD Return (%): 12.04
Expense Ratio (%): 0.45
Total Assets ($mil): 44,255
Morningstar Category: Large growth
YTD Return (%): 12.04
Expense Ratio (%): 0.45
Total Assets ($mil): 44,255
Vanguard Selected Value Inv (VASVX)
Morningstar Analyst Rating: Gold
Morningstar Category: Mid-cap value
YTD Return (%): 2.02
Expense Ratio (%): 0.43
Total Assets ($mil): 9,972
Morningstar Category: Mid-cap value
YTD Return (%): 2.02
Expense Ratio (%): 0.43
Total Assets ($mil): 9,972
