The Dreyfus Corporation – a segment of BNY Mellon – was founded in 1951 and currently has $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 5 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 Technology Growth A (DTGRX – MF report) invests the majority of its assets in securities of technology companies that are believed to have impressive growth prospect. Companies with strong earnings or revenue growth paces are the main focus of DTGRX advisors. DTGRX may invest a maximum of a quarter of its assets in securities of companies located in foreign lands. The Dreyfus Technology Growth A fund has a year-to-date return of 6.8%.
DTGRX has an expense ratio of 1.28% compared to the category average of 1.43%.
Dreyfus Municipal Bond (DRTAX – MF report) seeks to provide maximum tax-free current income with capital preservation. DRTAX invests almost 100% 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 year-to-date return of 3.1%.
Daniel Marques is the one of fund managers of DRTAX since 2009.
Dreyfus Fund Incorporated (DREVX – MF report) primarily focuses on acquiring the common stocks of domestic companies. DREVX generally invests in securities of large-cap companies having strong fundamentals. DREVX may also invest a maximum of 20% of its assets in securities of companies located in foreign lands. The Dreyfus Fund Incorporated fund has a year-to-date return of 3.1%.
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