4 Newly Rated Stock Mutual Funds

NEW YORK ( TheStreet Ratings) -- TheStreet.com Ratings initiated coverage of 47 stock mutual funds that accrued a sufficient track record of risk and performance data by the end of April 2012. Four unique stock mutual funds start out in the 'Buy' range.

Seven additional unique funds begin at 'Hold'. 20 stock mutual funds begin at 'Sell' with grades of D+ or worse after underperforming alternative stock mutual fund investments over the past three years on a risk-adjusted return basis.

Here are the four newly rated stock mutual funds ranked at 'Buy':

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4. Virtus Greater European Opportunities Fund I

Virtus Greater European Opportunities Fund I ( VGEIX) has an investment objective to seek long-term capital appreciation. The fund may invest substantially all of its assets in common stocks. The fund invests at least 80% assets in equity or equity-linked securities of issuers located in Europe, including issuers in emerging markets countries. The fund intends to diversify its investments among countries and with a portfolio of business that have activities in a number of different countries. The fund uses a bottom-up stock and business analysis approach to select investments.

Expense Ratio: 2.78%

Three Year Total Return: 17.8%

Rated "B+" by TheStreet Ratings:

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3. Virtus Greater Asia ex Japan Opportunities Fund I

Virtus Greater Asia ex Japan Opportunities Fund I ( VGAIX) has an investment objective to seek long-term capital appreciation. The fund may invest substantially all of its assets in common stocks. The fund invests at least 80% assets in equity or equity-linked securities of issuers located in Asia, including issuers in emerging markets countries. The fund intends to diversify its investments among countries and with a portfolio of business that have activities in a number of different countries. The fund uses a bottom-up stock and business analysis approach to select investments.

Expense Ratio: 2.82%

Three Year Total Return: 20.6%

Rated "B+" by TheStreet Ratings:

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2. Janus Venture A

Janus Venture A ( JVTAX) seeks capital appreciation. The fund pursues its investment objective by investing at least 50% of its equity assets in small-sized companies. The fund may also invest in larger companies with strong growth potential as well as relatively well-known large companies with potential for capital appreciation.

Expense Ratio: 1.01%

Three Year Total Return: 26.8%

Rated "A" by TheStreet Ratings:

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1. JPMorgan Large Cap Growth R5

JPMorgan Large Cap Growth R5 ( JLGRX) seeks long term capital appreciation and growth of income. The fund invests mainly in equity securities of large well established companies. The fund invests in companies with a history of above average growth. The fund selects companies based upon such valuation characteristics as price to earnings, price to sales, and price to cash flows as compared to their peers and their expected and historic growth rates. The fund invests at least 80 percent of its assets in the equity securities of large well established companies.

Expense Ratio: 0.77%

Three Year Total Return: 25.1%

Rated "A+" by TheStreet Ratings:

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Here are the seven newly rated stock mutual funds ranked at 'Hold':

7. Nuveen Santa Barbara Global Growth Fund A

Nuveen Santa Barbara Global Growth Fund A ( NGGAX) seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its assets in U.S. and non-U.S. equity securities. Although the fund will concentrate its investments in developed markets, it may invest up 25% of its net assets in companies located in emerging markets.

Expense Ratio: 5.81%

Three Year Total Return: 18.9%

Rated "C-" by TheStreet Ratings:

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6. Allianz Global Investors Solutions Global Growth Allocation Fund A

Allianz Global Investors Solutions Global Growth Allocation Fund A ( ASGAX) has an investment objective to provide after-inflation capital appreciation and current income. The fund will invest 70% or more of its assets directly or indirectly among return-generating assets and up to 30% of its assets will be allocated directly or indirectly among defensive assets. The funds seek to achieve the investment objective by investing primarily in underlying funds of return-generating assets, such as U.S. and global equities, commodities, real estate, high yield securities, emerging market bonds, public securities of infrastructure companies and private equity companies. The funds may also utilize derivative instruments, such as options, forwards or futures contracts and swap agreements.

Expense Ratio: 4.15%

Three Year Total Return: 16.9%

Rated "C-" by TheStreet Ratings:

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5. ASTON/Lake Partners LASSO Alternatives Fund I

ASTON/Lake Partners LASSO Alternatives Fund I ( ALSOX) seeks to provide long term total return with reduced correlation to the conventional stock and bond markets. The fund seeks to invest at least 80% of its net assets in hedged mutual funds and other investments with exposure to hedging or alternative investment strategies.

Expense Ratio: 2.82%

Three Year Total Return: 8.2%

Rated "C-" by TheStreet Ratings:

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4. Federated MDT Stock Trust Inst

Federated MDT Stock Trust Inst ( FMSTX) seeks growth of income and capital by investing principally in a professionally managed and diversified portfolio of common stock of high quality companies.

Expense Ratio: 1.29%

Three Year Total Return: 17.6%

Rated "C-" by TheStreet Ratings:

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3. Golub Group Equity Fund

Golub Group Equity Fund ( GGEFX) seeks to provide long-term capital appreciation. A secondary objective is to provide current income. The fund invests in a diversified portfolio of common stocks that the fund's adviser determines to be temporarily mispriced by the market.

Expense Ratio: 2.22%

Three Year Total Return: 16.1%

Rated "C+" by TheStreet Ratings:

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2. Perkins Large Cap Value D

Perkins Large Cap Value D ( JNPLX) seeks capital appreciation. The fund pursues its investment objective by investing primarily in common stocks selected for their capital appreciation potential. The fund primarily invests in the common stocks of large-sized companies whose stock prices the portfolio managers believe to be undervalued.

Expense Ratio: 0.93%

Three Year Total Return: 15.3%

Rated "C+" by TheStreet Ratings:

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1. Janus Global Real Estate D

Janus Global Real Estate D ( JNGSX) seeks total return through a combination of capital appreciation and current income. The fund seeks to invest at least 80 percent of its net assets plus the amount of any borrowings for investment purposes, in equity and debt securities of real estate-related companies.

Expense Ratio: 1.35%

Three Year Total Return: 21.3%

Rated "C+" by TheStreet Ratings:

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Research Methodology

TheStreet.com Ratings condenses the available fund performance and risk data into a single composite opinion of each fund's risk-adjusted performance. This allows the unbiased identification of those funds that have historically done well and those that have underperformed the market. While there is no guarantee of future performance, these Investment Ratings provide a solid framework for making informed, timely investment decisions. In order to qualify for a rating, an open-end fund must either have three years of risk and return data or be an additional share class of an existing fund with at least three years of performance statistics.

Funds rated A or B are considered "Buy" rated based on a track record of higher than average risk-adjusted performance. Funds at the C level are rated as "Hold," while underperformers at the D and E levels our model ranks as "Sell."

-- Reported by Kevin Baker in Jupiter, Fla.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering equity and mutual fund ratings. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

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