Top Stock Mutual Funds in April
TSC Ratings culled all the A+ rated stock mutual funds for the month of April.
The
T Rowe Price New Era
(PRNEX) - Get Report
fund and the
Jordan Opportunity Fund
(JORDX)
both achieved above-average results for the one- and three-month periods.
To return 10-11% for one month is outstanding in the current climate and raises some concern about a pullback in the near future, especially in regards to the energy sector that has been performing well for a number of months. Domestic Growth funds also may be under threat should the slew of less-than-encouraging economic news continue to flow in the coming months.
If a scenario of a slowdown/recession does play out, it may be a good time to take positions in utility funds and equity-income funds and possibly rotate out of energy and growth and into these more yield-focused plays.
The utility funds in the list include:
J Hancock Trust Utilities Ser I
(JEUTX)
,
Flex-funds Socially Resp Utility Fund
(FLRUX) - Get Report
,
AIM Utilities Fund A
(IAUTX) - Get Report
and
Alliance Bernstein Utility Income A
(AUIAX) - Get Report
.
For Equity Income, the funds are:
BB&T Equity Income A
(BAEIX) - Get Report
,
Amana Mutual Fund-Income Fund
(AMANX) - Get Report
and the
TFS Market Neutral Fund
(TFSMX)
.
Fund Name | Ticker | 1 Month Return | 3 Month Return | Catgeory/Classification |
T. Rowe Price New Era | PRNEX | 11.3 | 17.34 | Sector - Energy/Natural Res |
Jordan Opportunity Fund | JORDX | 10.34 | 11.65 | Growth - Domestic |
J Hancock Large Cap Equity A | TAGRX | 7.63 | 10.23 | Growth - Domestic |
J Hancock Trust Utilities Ser I | JEUTX | 7.47 | 4.96 | Sector - Utilities |
Flex-funds Socially Resp Utilit Fd | FLRUX | 6.71 | 3.93 | Sector - Utilities |
Allianz NFJ Intl Value A | AFJAX | 6.09 | 6.82 | Non-US Equity |
Croft-Leominster Value | CLVFX | 5.71 | 3.2 | Growth - Domestic |
MFS International Diversifictn A | MDIDX | 5.53 | 6.55 | Non-US Equity |
AIM Utilities Fund A | IAUTX | 5.09 | 2.43 | Sector - Utilities |
AllianceBern Utility Income A | AUIAX | 4.69 | 1.05 | Sector - Utilities |
ING American Funds Int Portfolio | IFSTX | 4.54 | 2.73 | Non-US Equity |
J Hancock Balanced A | SVBAX | 4.3 | 4 | Balanced - Domestic |
BB&T Equity Income A | BAEIX | 4.08 | 2.97 | Equity Income |
Manning & Napier World Opprty Fd A | EXWAX | 3.84 | 5.3 | Non-US Equity |
Amana Mutual Fund-Income Fund | AMANX | 3.23 | 4.11 | Equity Income |
TFS Market Neutral Fund | TFSMX | 2.94 | 6.06 | Equity Income |
BlackRock Glb Allocation Inv A | MDLOX | 2.21 | 2.16 | Asset Allocation - Global |
Permanent Portfolio Fund | PRPFX | -0.32 | 0.84 | Asset Allocation - Domestic |
Fidelity Adv Consumer Staples A | FDAGX | -0.47 | 3.19 | Growth - Domestic |
Pinnacle Value Fund | PVFIX | -1.39 | -1.39 | Growth - Domestic |
Sam Patel, CFA, is the manager of mutual fund research for the TheStreet.com Ratings.
In keeping with TSC's Investment Policy, employees of TheStreet.com Ratings with access to pre-publication ratings data must pre-clear any potential trade through the legal department, and are prohibited from trading any security that is the subject of an unpublished rating revision until the second business day after the rating is published.
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