Founded in 1951, Dreyfus Corporation invests its assets in mutual funds from different categories, including both equity and fixed-income funds. With nearly $252 billion assets under management as of December 31, 2016, Dreyfus is considered one of the leaders in investment management and the distribution domain in the U.S.
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. BNY Mellon was established in 1784 by Alexander Hamilton.
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 Natural Resources Fund A DNLAX seeks appreciation of capital for the long run. DNLAX invests the lion’s share of its assets in stocks issued by companies engaged in natural resources and natural resources related sectors. The fund may invest in non-U.S. securities, including emerging markets securities. Dreyfus Natural Resources Fund A has returned 14.6% in the last one-year period.
DNLAX has an expense ratio of 1.34% compared with the category average of 1.39%.
Dreyfus Tax Sensitive Total Return Bond Fund I SDITX invests a bulk of its assets in bonds. SDITX predominantly invests a large portion of its assets in municipal bonds that offer income free from federal personal income tax. The fund seeks above-average, after-tax returns. Dreyfus Tax Sensitive Total Return Bond Fund I has returned 1.3% in the last one-year period.
Jeffrey Burger is one of the fund managers of SDITX since 2014.
Dreyfus Mid-Cap Growth Fund F FRSPX seeks long-term growth of capital by predominantly investing in equity securities issued by mid-cap companies with high growth prospects. FRSPX primarily invests in equity securities issued by companies that fall within the range of the Russell Midcap Growth Index. Dreyfus Mid-Cap Growth Fund F has returned 18.6% in the last one-year period.
As of March 2017, FRSPX held 69 issues, with 2.28% of its assets invested in Booz Allen Hamilton Holding Corp.
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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Zacks Investment Research