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3 Best-Rated Dreyfus Mutual Funds To Consider

The Dreyfus Corporation – a segment of BNY Mellon – was founded in 1951 and has around $286 billion of assets under management allocated across a wide range of equity and fixed-income mutual funds. Meanwhile, established in 1784 by Alexander Hamilton, BNY Mellon currently has nearly $1.6 trillion assets under management invested throughout the globe. It provides services including investment management, investment services and wealth management across 35 countries. Below we share with you three top-rated Dreyfus mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all Dreyfus mutual funds, investors can click here to see the complete list of Dreyfus funds . Dreyfus Global Equity Income A (MUTF: DEQAX ) invests a large portion of its assets in equity securities. DEQAX invests in dividend-paying companies situated in the United States, Canada, Japan, Australia, Hong Kong and Western Europe. DEQAX may invest a maximum 30% of its assets in emerging markets. DEQAX seeks total return. The Dreyfus Global Equity Income A fund has a three-year annualized return of 7.1%. As of January 2016, DEQAX held 55 issues with 5.52% of its assets invested in Philip Morris International Inc. (NYSE: PM ). Dreyfus International Equity A (MUTF: DIEAX ) seeks capital appreciation over the long run. DIEAX invests the majority of its assets in securities of foreign companies. DIEAX focuses on companies that are located in Canada and countries included in the Morgan Stanley Capital International Europe, Australasia and Far East (MSCI EAFE) Index. The Dreyfus International Equity A fund has a three-year annualized return of 2.3%. DIEAX has an expense ratio of 1.12% compared to the category average of 1.22%. Dreyfus Municipal Bond (MUTF: DRTAX ) invests a major portion of its assets in municipal debt securities that are expected to provide return exempted from federal income tax. DRTAX invests the majority of its assets in securities that are rated A or higher. DRTAX is believed to maintain a dollar-weighted average maturity of more than 10 years. The Dreyfus Municipal Bond fund has a three-year annualized return of 3.5%. Daniel Marques is one of the fund managers of DRTAX since 2009. Original Post

Apple Watch Shipments Slowing Ahead Of Version 2

Apple Watch shipments will rise just 21% this year, despite having 12 months of sales to last year’s eight, market research firm IDC predicted Thursday. Apple ( AAPL ) launched its smartwatch on April 24 with limited availability in nine countries, including the U.S. IDC estimates that Apple shipped 11.6 million units of Apple Watch in 2015 and is likely to ship 14 million units in 2016. Apple Watch “is likely to see some slowdown in the early part of 2016 as anticipation builds for the second-generation device,” IDC said in a press release . “However, with newer hardware and an evolving ecosystem, Apple will remain the smartwatch leader” through 2020. Apple and its suppliers have not yet signaled when a second-generation Apple Watch will hit the market. Apple is expected to unveil new watch bands for the wearable at a spring product launch event on Monday. Apple Watch leads the nascent smartwatch market and is expected to claim 49.4% market share this year, IDC says. Alphabet ’s ( GOOGL ) Android Wear operating system is expected to be on 6.1 million smartwatches shipped this year, accounting for 21.4% of the market and good enough for second place, IDC says. IDC predicts that Apple Watch shipments will reach 31 million units in 2020, with a 5-year compound annual growth rate of 22%. Meanwhile, Android Wear smartwatches are seen growing to 28.8 million units in 2020, with a 5-year CAGR of 48%. RELATED: Smartwatch Shipments Skyrocket In Q4, Passing Swiss Watches

Leveraged Oil And Gas ETNs Dominate Inflows In March

Oil has been making headlines over the past one and a half years owing to huge swings in its prices. Oil prices took a U turn after touching a 12-year low this February. This is especially true as oil broke its near-term trading range and regained momentum, indicating that the worst might be over for the commodity (read: Oil Hits 12-Year Low: Short Energy Stocks with ETFs ). Notably, WTI crude surged near the $39 per barrel mark earlier this month while Brent jumped to more than $41 per barrel. However, prices retreated a bit over the last couple of trading sessions. With this, both WTI and Brent are up more than 6% since the start of March. Meanwhile, after touching a 17-year low on March 3, natural gas prices have also rallied so far this month. This shift made investors put huge amounts of money in oil and gas ETFs/ETNs that are wonderfully undervalued at current levels. In fact, these ETFs have seen the biggest asset inflows so far this month with the two ultra-popular ETFs – the VelocityShares 3x Long Crude Oil ETN (NYSEARCA: UWTI ) and the VelocityShares 3x Long Natural Gas ETN (NYSEARCA: UGAZ ) – accumulating nearly $9.3 billion and $6.8 billion, respectively, as per ETF.com . Oil Rebound in the Cards? The latest boost in oil price came with improving demand/supply trends. Talks of production freeze from giant oil producers including Russia and Saudi Arabia had been among the rally’s biggest drivers. Meanwhile, disruptions in supply in Iraq and Nigeria have led to a tightening of supply, which albeit is short term (read: Oil ETFs in Focus on Oil Output Freeze Talks ). Signs of decreasing production can also be seen in the U.S. With oil drilling activity falling in the country, output is expected to continue to decline in the coming weeks. However, increasing production in Iran, a strong dollar and weak global economic growth could lead to further swings in oil prices. Given the uncertain backdrop for oil, investors are seeking to make quick profit from the current trend. UWTI with a leveraged factor of 3 times has been in demand this month. This popular leveraged fund targets the energy segment of the commodity market through WTI crude oil futures contracts. It seeks to deliver thrice the returns of the S&P GSCI Crude Oil Index Excess Return and has amassed $10.62 billion in its asset base. The fund charges a higher fee of 1.35% per year and trades in high volume of 7.5 billion shares. UWTI accumulated almost 88% of its AUM in March so far and is up about 16.2% over the same time frame. In the natural gas world, UGAZ with AUM of $7.08 billion tracks the performance of S&P GSCI Natural Gas Index ER with a leveraged factor of 3 times. The fund also charges a high fee of 1.65% per year and trades in volumes of 1.2 billion shares. UGAZ has accumulated almost 96% of its AUM in March and has gained 11.6%. Investors should be careful while investing in leveraged exchange-traded notes (ETN), as these use derivatives instruments to amplify the returns of the underlying index. While this strategy is highly effective in the short term, their long-term performance could vary significantly from the actual performance of the underlying index due to a compounding effect. Link to the original post on Zacks.com