3 Large-Cap Blend Mutual Funds for Strong Returns

Large-cap blend mutual funds seek to offer value appreciation through capital gains with relatively less volatility, by investing in both value and growth stocks. Blend funds, also known as “hybrid funds,” owe their origin to a graphical representation of a fund’s equity-style box. In addition to diversification, blend funds are great for investors seeking a mix of growth and value.Meanwhile, significant exposure to large-cap stocks makes these blend funds safer for risk-averse investors than small-cap and mid-cap funds. Companies with a market capitalization above $10 billion are generally considered large-cap firms. Also, these funds are believed to provide a long-term performance history and assure more stability than mid or small caps.Below, we share with you three top-ranked large-cap blend mutual funds, viz., BNY Mellon Income Stock MPISX, Fidelity Growth & Income FGRIX, and Elfun Trusts ELFNX. 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.BNY Mellon Income Stock fund invests most of its net assets in dividend-paying stocks, emphasizing value and growth characteristics. MPISX advisors prefer to invest in convertible bonds, preferred stocks, fixed-income securities, American Depositary Receipts and money market instruments.BNY Mellon Income Stock has three-year annualized returns of 11.4%. As of August 2024, MPISX held 53 issues, and 4.2% of its assets were invested in AT&T Inc.Fidelity Growth & Income seeks high total return through a combination of current income and capital appreciation. FGRIX invests a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. Fidelity Growth & Income has three-year annualized returns of 11.4%. FGRIX has an expense ratio of 0.56% compared with the category average of 0.85%.Elfun Trusts fund seeks long-term growth of capital and future income rather than current income. ELFNX invests primarily in equity securities of U.S. companies.Elfun Trusts has three-year annualized returns of 10.7%. William D. Sandow has been one of the fund managers of ELFNX since 2019. To view the Zacks Rank and the past performance of all large-cap blend mutual funds, investors can click here to see the complete list of large-cap blend mutual funds.Want key mutual fund info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpView All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FGRIX): Fund Analysis Report Get Your Free (ELFNX): Fund Analysis Report Get Your Free (MPISX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks