This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Newly Rated Stock Mutual Funds to Buy

NEW YORK ( TheStreet Ratings) -- Ratings initiated coverage of 26 stock mutual funds that accrued a sufficient track record of risk and performance data by the end of July 2011. Four of these newly rated mutual funds earned initial grades in the 'buy' range, plus 10 funds at "hold" and 12 funds at "sell."

Of the newly rated funds, none ranks higher than USAA Target Retirement Income Fund (URINX) with an initial rating of A+, or Excellent. The fund has an inception date of Jul. 31, 2008. This is the most conservative of the five USAA Target Retirement funds with initial ratings this month.

The USAA Target Retirement Income Fund has generated an average return of 7.7% over the last three years and 10.7% in the last year. This fund's investment objective is to provide capital appreciation and current income consistent with its current investment allocation. The fund attempts to achieve its objective by investing in a diversified portfolio of underlying USAA mutual funds according to an asset allocation strategy targeting 30% stocks and 70% bonds & cash. This fund is designed for investors planning to start withdrawing income for spending in retirement now or very soon.

USAA Target Retirement 2020 Fund (URTNX) also starts out on top with a grade of A+ targeting a mix of 40% stock and 60% bonds & cash. Likewise, USAA Target Retirement 2030 Fund (URTRX) has an initial grade of A+ targeting the opposite mix with 60% stock, 40% bonds and cash. Retirement dates projected further into the future increase stock exposure, potential gain and commensurate risk.

The only other stock mutual fund with an initial rating in the 'buy' range, Leuthold Global Fund (GLBLX), earned a grade of B+ averaging a return of 6.5% in three years and 20% in the last year. The fund seeks capital appreciation and income or total return in amounts attainable by assuming prudent amounts of investment risk over the long term. The fund seeks to allocate its investments among common stocks, bonds, and money market instruments.

According to its most recent Securities and Exchange Commission filing, U.S. stocks held include Southwest Airlines (LUV - Get Report), Honda Motor Co (HMC), du Pont (DD - Get Report), Dow Chemical (DOW - Get Report), Annaly Capital Management (NLY), and AutoNation (AN - Get Report). The fund also bets against various stocks with short positions on Charles Schwab (SCHW - Get Report), Celgene (CELG), Hillenbrand (HI), Colgate Palmolive (CL), Kimberly-Clark (KMB - Get Report), and Procter & Gamble (PG - Get Report). The fund also held as much as 7,778 troy ounces of physical gold and 140,000 troy ounces silver at year end.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AN $48.13 -0.15%
DD $63.94 0.42%
DOW $50.92 0.14%
LUV $40.88 -1.60%
KMB $127.59 0.18%


Chart of I:DJI
DOW 17,637.29 -23.42 -0.13%
S&P 500 2,046.02 -4.61 -0.22%
NASDAQ 4,697.1260 -19.9680 -0.42%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs