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5 Great Dividend Mutual Funds

These five funds provide a good mix of income and appreciation

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Ave Maria Rising Dividend Fund

AveMaria185Ticker: AVEDX
Morningstar Rating: 5 stars
Minimum investment: $1,000
Expenses: 0.99%
Load: None
Yield: 1.2%
Performance Summary: While the yield isn’t great by any means, it provides a little padding — padding it hasn’t needed of late. At +20%, AVEDX is beating the S&P 500’s total return by about 1 percentage point for the year-to-date. Its 52-week return of 22% is about 3 percentage points better.
Notes: This fund screens for investments that do not violate core teachings of the Catholic Church. Top holdings include Coach (COH), Bank of New York Mellon (BK) and Gentex (GNTX).

Article printed from InvestorPlace Media, http://investorplace.com/2013/08/5-great-dividend-mutual-funds/.

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