With nearly $286 billion of assets under management, The Dreyfus Corporation is considered as one of the leaders in the investment management and distribution domain in the U.S. Founded in 1951, the company invest its assets in mutual funds from different categories, including both equity and fixed-income mutual funds. Separately, its parent company, BNY Mellon seeks to offers a wide range of financial services including investment management, investment services and wealth management across 35 countries. BNY Mellon was established in 1784 by Alexander Hamilton and currently has nearly $1.6 trillion assets under management.
Below we share with you 3 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 Strategic Value A (DAGVX – MF report) seeks growth of capital. DAGVX uses quantitative and fundamental analysis to invest the majority of its assets in stocks. DAGVX follows a “bottom-up” approach to identify stocks with attractive value, encouraging fundamentals and a strong momentum. DAGVX may invest a maximum of 30% of its assets in securities of non-US companies. The Dreyfus Strategic Value A fund has a three-year annualized return of 8.1%.
As of December 2015, DREVX held 74 issues, with 4.70% of its assets invested in JPMorgan Chase & Co.
Dreyfus AMT-Free Municipal Bond A (DMUAX – MF report) invests a minimum of 65% of its assets in municipal debt securities that have a minimum of A credit rating. DMUAX may also invest 100% of its assets in securities that are expected to provide return free from federal income tax. The Dreyfus Dreyfus AMT-Free Municipal Bond A is a non-diversified fund and has a three-year annualized return of 3.3%.
Daniel C. Rabasco is the one of fund managers of DMUAX since 2012.
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