4 Mutual Funds That Are Safe To Invest In
If you’re a mutual fund investor, then even in this sluggish economy, there are a number of mutual funds that you can invest in with little or no risk and decent yield.
As the title suggests, they’re safe.
So, here are 4 safe mutual funds that you can invest in, and can expect strong performance from them too:
#1: Metropolitan West High Yield Bond
With a 10-year annualized return of 9.5% and an SEC 30-day yield of 5.95%, this fund has investors showing an avid interest. This fund has done well over the long term and which is why Morningstar has given a five-star rating for its weighted average ratings for the last 3, 5 and 10 years.
#2: Vice Fund
Thanks to making investments in businesses that are considered to be immune to the economic recession, the Vice Fund has offered a 11.8% annualized total return for the eight of the nine years it has been around. Right now, the fund is up by 14.1% and has only seen one year (2008) where the returns have been negative.
#3: FPA New Income
This fund has been around since 1984 and has been managed by FPA Funds – one of America’s most respected money management firms in the United States. With the fund’s SEC yield being about 2.6% for a 30-day period makes it an excellent place to invest your money.
#4: Berwyn Income
This fund being highly rated by Morningstar which has been around for 26 years is a conservatively managed one. It must be pointed out that it has achieved an annualized total return of 9%. Importantly, with an annual expense ratio of 0.64% which is considered low among its conservative-allocation peers, this fund is considered less of a risk to invest in.