Founded in 1951, Dreyfus Corporation invests its assets in mutual funds from different categories, including both equity and fixed-income funds. With nearly $63 billion assets under management as of Jan 31, 2019, Dreyfus is considered one of the leaders in investment management and the distribution domain in the United States.
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 four 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 funds.
Dreyfus Large Cap Equity I (DLQIX – Free Report) fund aims for long-term capital growth. The fund invests the majority of its assets in securities of large-capitalization companies. According to the fund manager, companies that have market capitalization of $5 billion or more at the time of purchase are considered as large-cap companies. DLQIX has three-year annualized returns of 12.4%.
As of April 2019, DLQIX held 85 issues, with 3.37% of its assets invested in Microsoft Corp.
BNY Mellon Sustainable U.S. Equity Fund Class I (DRTCX – Free Report) seeks to provide long-term capital growth. The fund invests the majority of its assets in securities of American companies that display striking investment aspects and sustainable business practices etc. DRTCX has three-year annualized returns of 10.2%.
Jeff Munroe is one of the fund managers of DRTCX since 2017.
BNY Mellon International Stock Fund Class I (DISRX – Free Report) aims for long-term total return. The fund invests most of its assets in stocks. It usually invests in non-U.S. companies that are located in developed countries. DISRX is a non-diversified fund and has three-year annualized returns of 9.8%.
DISRX has an expense ratio of 0.91% compared with the category average of 1.13%.
BNY Mellon Global Dynamic Bond Income Fund – Class I (DGDIX – Free Report) aims for total return. The fund invests a chunk of its assets in bonds and other investment instruments that offer investment exposure to global bond markets. DGDIX is a non-diversified fund and has three-year annualized returns of 3.4%.
Paul Brain is one of the fund managers of DGDIX since 2011.
To view the Zacks Rank and past performance of all Dreyfus mutual funds, investors can click here to see the complete list of funds.
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