2 / 5 Stars
3 2 5 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#8 in Utilities
U.S. News evaluated 17 Utilities Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 22.67 percent over the past year, 9.85 percent over the past three years, 18.58 percent over the past five years, and 9.41 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.1%|
|3 Years (Annualized)||9.9%|
|5 Years (Annualized)||18.6%|
|10 Years (Annualized)||9.4%|
The investment seeks to provide total return, including capital appreciation and income. The fund generally invests at least 80% of the value of its net assets, plus any borrowing for investment purposes, in the equity securities, both common and preferred, of domestic or foreign utility companies, their suppliers and subcontractors. It will invest 25% or more of its total assets in securities of public utility companies. The fund also invests in companies that derive at least 50% of their revenues from supplying services and equipment to utility companies.
Fees are Low compared to funds in the same category.
Meeder Utilities and Infrastructure Fund has an expense ratio of 1.89 percent.
Risk is High compared to funds in the same category according to Morningstar.