Top Income Investment Funds to Watch in 2017
Explore the leading income funds of 2017, highlighting top performers, strategies, and investment opportunities. This guide helps investors understand how to generate steady income while maintaining growth potential, with insights from industry experts and fund rankings. Suitable for seasoned and new investors, it emphasizes diversification and the benefits of various income-focused assets during changing market conditions.
Income investment funds are mutual funds that prioritize generating regular income over capital appreciation. They typically invest in dividend-yielding stocks, bonds, or real estate assets, serving as a reliable source of steady cash flow for investors. These funds often include bond funds, stock funds, or mixed asset allocations, and are commonly used as target date fund destinations.
As of mid-2017, some of the top-performing income funds include Boost NASDAQ 100 3x Leverage ETP with 85.14% returns, VT Morningstar Informed Smartfund Growth Strategy Z Inc at 79.49%, and Boost EURO STOXX 50 3x Leverage ETP at 70.16%. Other notable funds are Neptune European Opportunities GBP and VT Morningstar Informed Smartfund Cautious Strategy Z Inc, offering promising performances. TheStreet relies on specific evaluation methodologies to rank these funds.
For instance, VictoryShares US Discovery Enh Vol, PowerShares S&P 500 Hi Dividend Low Vol, and WisdomTree US HY Corp Bond comprise some of the top income-oriented ETFs. While income funds emphasize current income, they also provide growth potential, especially with funds like The New Economy Fund launched in 2015, focusing on long-term capital growth by investing in foreign equities such as Netflix, Amazon, and healthcare firms.
Established funds like the AMCAP fund, with assets of $45 billion and a long-term annual return of 11.6%, primarily invest in technology and healthcare stocks. Additionally, funds like the Growth Fund of America and Washington Mutual Investors offer consistent profit, with diversified holdings including giants like Amazon, Google, and Coca-Cola. Forbes suggests that in 2017, certain mutual funds, including Driehaus Emerging Markets Small Cap Growth and Ridgeworth Seix Floating Rate High Income, offer compelling opportunities, especially as rising interest rates could enhance dividend yields, making preferred shares more attractive for income-seeking investors.
