Top-Rated Stock Mutual Funds of August
Permanent Portfolio Fund (PRPFX) again topped the list of best-rated open-end stock mutual funds in August. The fund held the top spot despite a 2.47% dip in August.
The Permanent Portfolio continues to be a steady, consistent winner over the long run. Its targeted mix of 20% gold, 5% silver, 10% Swiss franc assets, 15% real estate and natural resources, 15% aggressive-growth stocks and 35% U.S. government debt is designed to preserve the long-term purchasing power of fund holders. With the U.S. dollar falling again, investments in gold, silver and Swiss francs are looking up, and so are the prospects for this fund.
The second best rated stock mutual fund is the 1st Source Monogram Long/Short Fund (FMLSX), which gained 3.37% in August. This fund buys stocks like Wal-Mart (WMT), Waste Management (WMI), Johnson & Johnson (JNJ) and Alcoa (AA) that it considers undervalued while it sells short stocks focused on the bank, REIT, retail and technology sectors.
The third-ranked fund, Pinnacle Value Fund (PVFIX), is also rated A-plus. At year end, the fund was defensively positioned with 58% cash and 40% equities. Its top holdings include Argan (AGX), MVC Capital (MVC) and First Acceptance Corp (FAC).Here's a table showing a breakdown of the TheStreet.com Ratings' take on these three funds, along with the seven other open-end mutual funds that make up the top 10.
|10 Best Rated Stock Mutual Funds
|Fund (Ticker) Rating||Total Return 3 Year %||Total Return 1 Year %||Total Return 1 Month %||Objective|
|Permanent Portfolio Fund (PRPFX) A+||10.79||9.81||-2.47||Asset Allocation - Domestic|
|1st Source Monogram Long/Short (FMLSX) A+||8.25||5.43||3.37||Asset Allocation - Domestic|
|Pinnacle Value Fund (PVFIX) A+||8.42||-2.73||2.34||Growth - Domestic|
|J Hancock Balanced A (SVBAX) A+||11.18||5.15||-1.00||Balanced - Domestic|
|Forester Value Fund (FVALX) A+||3.38||6.56||1.22||Equity Income|
|BBH Core Select Fund Class N (BBTEX) A+||8.42||2.49||2.17||Growth - Domestic|
|Merk Hard Currency Fund Investor (MERKX) A+||9.05||9.14||-5.61||Sector - Financial Services|
|TFS Market Neutral Fund (TFSMX) A+||13.29||12.90||-0.27||Equity Income|
|Greenspring Fund (GRSPX) A+||7.60||3.72||3.53||Balanced - Domestic|
|Aston Montag & Caldwell Balanced N (MOBAX) A+||5.59||3.57||0.96||Balanced - Domestic|
|Source: TheStreet.com Ratings|
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV