Published on 9 May 2024 on Zacks via Yahoo Finance
Buy These 3 Mid-Cap Blend Mutual Funds for Impressive Returns
Blend funds, also known as hybrid funds, aim for value appreciation by capital gains. They owe their origin to a graphical representation of a fund’s equity-style box. In addition to diversification, blend funds are great picks for investors looking for a mix of growth and value investment. A mid-cap blend fund is a type of equity mutual fund that holds a mix of value and growth stocks in its portfolio, where the market cap of the stocks is generally between $2 billion and $10 billion.
Below, we share with you three top-ranked mid-cap blend mutual funds, namely Ave Maria Value AVEMX, Vanguard Strategic Equity Investor Shares VSEQX and Fidelity Mid-Cap Stock FMCSX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.