Large Growth Equities Mutual FundsLarge-growth mutual funds invest in large U.S. companies that are growing faster than other large-cap stocks. Typically the stocks are in the top 70% of the capitalization of the U.S. equity market. These stocks are defined as large-cap stocks.
Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these funds focus on businesses in rapidly expanding modes.
Best Large Cap Growth FundsThese top large growth stock mutual funds in 2016 is sorted based on its year to date return up to July 1, 2016. You can find the fund review details below. These large growth stock funds have been one of the top performing funds for the past 5 years.
Best large growth stock mutual funds in 2016 are:
- Equinox EquityHedge U.S. Strategy Fund (EEHAX)
- Madison Investors Fund (MNVAX)
- Guggenheim RBP Large-Cap Defensive Fund (TVDAX)
- STAAR Larger Company Stock Fund (SITLX)
- AlphaMark Large Cap Growth Fund (AMLCX)
- Dreyfus U.S. Equity Fund (DPUAX)
- Guggenheim Directional Allocation Fund (TVRAX)
- Davis Opportunity Fund (RPEAX)
- Manning & Napier Equity Series Fund (EXEYX)
- Commerce Growth Fund (CFGRX)
- MFS Massachusetts Investors Growth Stock Fund (MIGFX)
- Capital Group U.S. Equity Fund (CUSEX)
- Capital Advisors Growth Fund (CIAOX)
Madison Investors Fund (MNVAX)Madison Investors Fund utilizes its assets to purchase the common stock of established, high-quality, growth companies selected via bottom-up fundamental analysis. The fund managers are Jay Sekelsky and Matt Hayner. The total assets are $275 million. The dividend yield is 0.56%. This class A fund has 5.75% of sales load. The expense ratio is 1.19% per year.
More: Top 10 Large Growth ETFs In 2015
Morningstar has ranked this top large growth stock mutual fund with 3 stars rating. In 2016, the year to date return is 8.25%. This fund has returned 10.99% over the past 3 years and 11.15% over the past 5 years.
Top 5 stocks are Discovery Communications Inc C, Johnson & Johnson, Berkshire Hathaway Inc B, Diageo PLC ADR, and US Bancorp. Top 3 sectors are consumer defensive, consumer cyclical, and technology.
Davis Opportunity Fund (RPEAX)The Davis Opportunity Fund invest in large, medium, or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It has $515 million of assets. The expense fee is 0.96%.
More: Top Large Growth Mutual Funds 2015
Ranked with 3 stars rating by Morningstar, it has 3 year average return of 11.72%. The past 4 years performance is as follows:
- Year 2016: 4.08% (YTD)
- Year 2015: 4.91%
- Year 2014: 7.31%
- Year 2013: 42.03%
Best Large Growth Stock Mutual Funds Performance
|No||Fund Name||Ticker||YTD Return %||Expense Ratio %|
|1||Equinox EquityHedge U.S. Strategy Fund Class A Shares||EEHAX||7.62||1.45|
|2||Madison Investors Fund Class A||MNVAX||5.04||1.19|
|3||Guggenheim RBP Large-Cap Defensive Fund Class A||TVDAX||3.65||1.51|
|4||STAAR Larger Company Stock Fund||SITLX||3.65||2.07|
|5||AlphaMark Large Cap Growth Fund||AMLCX||3.59||1.5|
|6||Dreyfus U.S. Equity Fund Class A||DPUAX||3.51||1.14|
|7||Guggenheim Directional Allocation Fund Class A||TVRAX||2.62||1.49|
|8||Davis Opportunity Fund Class A||RPEAX||2.59||0.96|
|9||Manning & Napier Equity Series Fund||EXEYX||2.58||1.05|
|10||Commerce Growth Fund||CFGRX||2.58||1.04|
|11||MFS Massachusetts Investors Growth Stock Fund Class A||MIGFX||1.69||0.73|
|12||Capital Group U.S. Equity Fund||CUSEX||1.62||0.65|
|13||Capital Advisors Growth Fund||CIAOX||1.49||1.25|