With nearly $252 billion of assets under management as of Dec 31, 2016, Dreyfus Corporation is considered one of the leaders in the investment management and distribution domain in the United States. 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.
Below we share with you three top-ranked Dreyfus mutual funds. 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 Dreyfus funds.
Dreyfus Opportunistic Fixed Income Fund I (MUTF:DSTRX) invests heavily in fixed-income securities. DSTRX seeks maximization of total return through the appreciation of capital and income. Dreyfus Opportunistic Fixed Income Fund I has one-year annualized returns of 6.4%.
Brendan Murphy is one of the asset managers of DSTRX since 2016.
Dreyfus Natural Resources I (MUTF:DLDRX) invests the lion’s share of its assets in stocks of those companies that are engaged in natural resources and related sectors. DLDRX may also invest in non-U.S. companies, including those in emerging markets. The fund seeks growth of capital for the long run. Dreyfus Natural Resources I has one-year annualized returns of 15.6%.
DLDRX has an expense ratio of 1.08% compared with the category average of 1.36%.
Dreyfus Large Cap Equity I (MUTF:DLQIX) seeks growth of capital for the long run. DLQIX invests the majority of its assets in equity securities of large-cap companies. Dreyfus Large Cap Equity I has one-year annualized returns of 22.3%.
As of August 2017, DLQIX held 85 issues, with 3.28% of its assets invested in Alphabet Inc A.
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.
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