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3 Best Dreyfus Mutual Funds Worth Considering

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Founded in 1951, Dreyfus Corporation invests its assets in mutual funds from different categories, including both equity and fixed-income funds. With nearly $258 billion assets under management as of Jun 30, 2017, 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 and currently has nearly $1.7 trillion assets under management.

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 Class 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 Class A has three-year annualized returns of 1.3%.

DNLAX has an expense ratio of 1.34% compared with the category average of 1.36%

Dreyfus Municipal Bond DRTAX invests a major portion of its assets in municipal debt securities that are expected to provide returns exempted from federal income tax. DRTAX invests the majority of its assets in securities that are rated A or higher. DRTAX is believed to maintain a dollar-weighted average maturity of more than 10 years. The Dreyfus Municipal Bond fund has three-year annualized returns of 3.4%.

Daniel Marques is one of fund managers of DRTAX since 2009.

Dreyfus High Yield Municipal Bond Fund Class Z DHMBX invests a large portion of its assets in municipal securities that offer income exempted from federal tax. DHMBX seeks growth of both income and capital. Dreyfus High Yield Municipal Bond Fund Class Z has returned 6.6% over the last three years.

As of September 2017, DHMBX held 111 issues with 2.5% of its assets invested in Jefferson Cnty Ala Swr Rev Swr Rev W.

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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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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