3 Best Mid-Cap Blend Mutual Funds for Impressive Returns

Investors interested in comparatively less risky returns through exposure to both growth and value securities may opt for mid-cap blend mutual funds. While mid-cap funds are expected to offer the best of both large- and small-cap ones, blend funds, also known as "hybrid funds," aim for value appreciation by capital gains. Companies with market capitalization between $2 billion and $10 billion are generally considered mid-cap firms.

Moreover, mid-cap funds are believed to provide higher returns than their large-cap counterparts, while witnessing a lower level of volatility than the small-cap ones. Meanwhile, blend funds provide significant exposure to both growth and value stocks. It owes its origin to a graphical representation of a fund's equity style box.

Below, we will share with you three mid-cap blend mutual funds, namely JPMorgan Mid Cap Equity Fund Class I VSNGX, Boston Trust SMID Cap Fund BTSMX and Hartford MidCap HLS Fund Class IB HBMCX. Each has earned a Zacks Mutual Fund #1 Rank(Strong Buy) as we expect these mutual funds to outperform its peers in the future. To view the Zacks Rank and past performance of all mid-cap blend funds, investors can click here to see the complete list of funds.

JPMorgan Mid Cap Equity Fund Class I invests most of its assets, along with borrowings, if any, in equity securities of mid-cap companies. VSNGX considers mid-cap companies which have market capitalization similar to the companies listed on the Russell Midcap Index at the time of purchase.

JPMorgan Mid Cap Equity Fund Class I has three-year annualized returns of 10.8%. As of the end of March 2022, VSNGX had 213 issues and invested 3.94% of its net assets in short-term investments.

Boston Trust SMID Cap Fund invests in a diversified portfolio of domestic equity stocks of small and mid-cap companies. BTSMX considers small and mid-cap companies which have a market capitalization within the range of companies listed in Russell 2500TM Index at the time of purchase.

Boston Trust SMID Cap Fundhas three-year annualized returns of 10.2%. BTSMX has an expense ratio of 0.75% compared with the category average of 0.94%.

Hartford MidCap HLS Fund Class IB invests most of its net assets in common stocks of mid-cap companies which have market capitalization similar to that of the collective range of companies listed on the Russell Midcap and S&P MidCap 400 Indices. HBMCX invests primarily in stocks selected by the sub-adviser, Wellington Management Company LLP.

Hartford MidCap HLS Fund Class IB has three-year annualized returns of 4.8%. Mark A. Whitaker has been one of the fund managers of HBMCX since March 2010.

To view the Zacks Rank and past performance of mid-cap cap blend mutual funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.