3 Top-Ranked Dreyfus Mutual Funds To Consider

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 invests its assets in mutual funds from different categories, including both equity and fixed-income mutual funds.

Separately, its parent company, BNY Mellon seeks to offer 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 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 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 3.8%.

Daniel C. Rabasco is one of the fund managers of DMUAX since 2012.

Dreyfus US Equity A (DPUAX – MF report) seeks long-term total return. DPUAX invests a major portion of its assets in equity securities of companies located in the U.S. DPUAX invests in companies of any market capitalization. DPUAX invests in those companies that are fundamentally solid and have potential for sustainable growth. The Dreyfus US Equity A fund has a three-year annualized return of 6.7%.

DPUAX has an expense ratio of 1.14% compared with the category average of 1.17%.

Dreyfus Global Equity Income A (DEQAX – MF report) 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 6.2%.