5 Large-Cap Growth Mutual Funds For High Yield

By | August 25, 2015

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Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because they may experience relatively more price fluctuations than other fund classes. Meanwhile, large-cap funds are an ideal investment option for investors looking for high return potential that comes with lower risk than small-cap and mid-cap funds. These funds have exposure to large-cap stocks, providing long-term performance history and assuring more stability than what mid caps or small caps offer. Below we will share with you 5 buy-rated large-cap growth mutual funds. Each has earned either a Zacks Mutual Fund Rank #1 (Strong Buy) or a Zacks Mutual Fund Rank #2 (Buy) as we expect these mutual funds to outperform their peers in the future. Consulting Group Large Cap Growth (MUTF: TLGUX ) seeks capital growth. TLGUX invests a lion’s share of its assets in large-cap companies having market capitalizations similar to those included in the Russell 1000 Growth Index. TLGUX may invest a maximum of 10% of its assets in foreign securities that are not traded in the US. TLGUX may also opt for lending its portfolio for generating additional income. The Consulting Group Large Cap Growth fund has a three-year annualized return of 15.1%. TLGUX has an expense ratio of 0.67% as compared to category average of 1.18%. BlackRock Capital Appreciation Investor A (MUTF: MDFGX ) predominantly invests in common stocks of domestic companies that are believed to have impressive earnings growth potential. MDFGX invests a minimum of 65% of its assets in equity securities. Though MDFGX invests in securities of companies irrespective of their market capitalizations, MDFGX focuses on acquiring securities of large- and mid-cap companies. The BlackRock Capital Appreciation Investor A fund has a three-year annualized return of 14.9%. Lawrence G. Kemp is the fund manager and has managed MDFGX since 2013. Bridgeway Large-Cap Growth (MUTF: BRLGX ) seeks total return with capital growth. BRLGX invests a large chunk of its assets in large-cap companies having strong growth prospects and which are traded in the U.S. Advisors select stocks on the basis of statistical analysis. The Bridgeway Large-Cap Growth fund has a three-year annualized return of 19.3%. As of June 2015, BRLGX held 110 issues with 2.25% of its assets invested in HCA Holdings Inc. Glenmede Large Cap Growth (MUTF: GTLLX ) invests a major portion of its assets in domestic large-cap firms having market capitalizations similar to those included in the Russell 1000 Index. GTLLX seeks long-term total return and focuses on acquiring common stocks of companies. The Glenmede Large Cap Growth fund has a three-year annualized return of 18.9%. GTLLX has an expense ratio of 0.88% as compared to category average of 1.18%. JPMorgan Large Cap Growth A (MUTF: OLGAX ) seeks long-term capital growth. OLGAX invests a majority of its assets in securities of well-known large-cap companies. OLGAX emphasizes in investing in equity securities of companies having market capitalizations identical to those listed in the Russell 1000 Growth Index. The JPMorgan Large Cap Growth A fund has a three-year annualized return of 14.5%. Giri Devulapally is the fund manager and has managed OLGAX since 2004. Original Post Share this article with a colleague Scalper1 News

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