Yahoo Finance 3 Mid-Cap Blend Mutual Funds for Exceptional Returns
Blend funds, also known as hybrid funds, aim for value appreciation by capital gains. They owe their origin to a graphical representation of a fund’s equity-style box. In addition to diversification, blend funds are great picks for investors looking for a mix of growth and value investment. In addition, a mid-cap blend fund is a type of equity mutual fund that holds a mix of value and growth stocks in its portfolio, where the market cap of the stocks is generally between $2 billion and $10 billion.
Below, we share with you three top-ranked mid-cap blend mutual funds, viz., Fidelity Mid-Cap Stock Fund FMCSX, Hartford Schroders US Midcap Opportunities Fund SMDIX, and MFS Blended Research Mid Cap Equity Fund BMSFX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
Fidelity Mid-Cap Stock Fund seeks to achieve long-term capital growth and invests the majority of its assets in common stocks of medium-sized companies, which have market capitalization comparable to those in the Russell Midcap Index or the S&P Midcap 400. FMCSX distributes dividends and capital gains biannually.
Fidelity Mid-Cap Stock Fund has three-year annualized returns of 23.9%. As of January 2023, FMCSX held 164 issues, and 1.9% of its assets were invested in HESS CORP.
Hartford Schroders US Midcap Opportunities Fund invests in equity securities of mid-cap U.S.-based companies. SMDIX also invests in equity securities of big, small or microcap enterprises if the sub-adviser anticipates potential capital growth.
Hartford Schroders US Midcap Opportunities Fund has three-year annualized returns of 19.9%. SMDIX has an expense ratio of 0.89% compared with the category average of 0.94%.
MFS Blended Research Mid Cap Equity Fund invests its assets in equity securities of medium-sized companies. BMSFX’s investment portfolio typically comprises common stocks, real estate investment trusts, and other securities that represent an ownership interest in a company or other issuers.
MFS Blended Research Mid Cap Equity Fund has three-year annualized returns of 19.7%. Matthew W. Krummell has been one of the fund managers of BMSFX since 2016.
To view the Zacks Rank and the past performance of all mid-cap blend mutual funds, investors can click here to see the complete list of mid-cap blend mutual funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
View All Zacks #1 Ranked Mutual Funds
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (FMCSX): Fund Analysis Report
Get Your Free (SMDIX): Fund Analysis Report
Get Your Free (BMSFX): Fund Analysis Report
