3 Best-Ranked Dreyfus Mutual Funds Promising Great Returns

With nearly $252 billion of assets under management as of 31 Dec, 2016, Dreyfus Corporation is considered 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.

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 Short-Intermediate Muni Bond D DSIBX invests a bulk of its assets in muni bonds, which offer income free from federal income tax as well as preservation of capital. DSIBX focuses on investing in those municipal securities that are investment-grade rated and have maturities of around five years. The fund seeks maximization of income free from federal income tax. Dreyfus Short-Intermediate Muni Bond D has returned 0.7% over the last three-month period.

DSIBX has an expense ratio of 0.59% compared with the category average of 0.68%.

Dreyfus Opportunistic Fixed Income Fund I 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 returned 1.7% over the last three-month period.

David Horsfall is one of the asset managers of DSTRX since 2010.

Dreyfus Mid Cap Growth F FRSPX seeks growth of capital by investing in mid-cap companies with strong growth potential. FRSPX invests the majority of its assets in shares of companies which fall within the range of the Russell Midcap Growth Index. The fund focuses on investing in both domestic and foreign companies. Dreyfus Mid Cap Growth F has returned 5.8% over the last three-month period.

As of April 2017, FRSPX held 69 issues, with 2.31% of its assets invested in Shopify 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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