When it comes to the best equity-income funds, many investors are scratching their heads. Investing in a fund and expecting it to be an equity-income fund can sometimes lead to disappointment. However, there are still funds that we would consider in 2019. Judging by the performance, as well as both long and short-term results, there are a couple of equity-income funds worth looking at.
Stock Market News Today – Top Equity-Income Funds in 2019
1. Vanguard Dividend Appreciation (VIG)
The best equity-income fund in 2019 at this moment is probably VIG. Yes, we know it’s an ETF fund but these offer a plethora of securities while keeping the cost at bay. VIG is great because it has an expense ratio of 0.08% and since it’s traded like an ordinary stock, it’s easy to follow. VIG uses NASDAQ US Dividend Achievers Select as its benchmark. Their holdings are vast, including consumer goods, services, tech, and various branches of industry.
2. Fidelity Strategic Dividend & Income Fund (FSDIX)
FSDIX is an interesting fund to invest in, as it seeks reliable dividend-paying companies. Around 70% of the fund’s total assets are located in common stocks, while 20% of the assets are allotted to corporate bonds. In 2019, FSDIX has the biggest stock holdings in the consumer and healthcare sectors, as well as the real estate. The expense ratio of 0.71% grants annual returns of -4.49% in one year and 11.88% in the 10-year period.
3. Vanguard Equity Income Fund Investor Shares (VEIPX)
VEIPX’s goal is to pay above-average levels of dividend income, to come ahead of their competition. To do this, the fund focuses on investments in mid and large-cap stocks. Their primary field of investment is US equity security, with 9.1% of their revenue being allotted to foreign countries. Their stocks are in financials, healthcare, and consumer staples, with the expense ratio of 0.27%.
4. Fidelity Equity Dividend Income Fund (FEQTX)
The main goal of FEQTX is to exceed the yield of the S&P 500 index and it’s an actively managed fund. The benchmark used for this fund is a well-known Russell 3000. At least 80% of their assets are invested in stocks with the long-term potential for capital appreciation, as well as dividends. Their holdings are mainly in American stocks, with the net expense of 0.62%. Source: Investopedia
