future to see when it is taking newcomers again. A strong second place finisher was WM Equity Income A (CMPBX), an offering that investors in large companies sell at a discount to the market or their industry peers. The WM fund has managed a 7.44% average annual total return over the last five years. More importantly, it has logged a 6.89% figure for the three-year period ended June 30, 2004. Its dividend yield of 1.8% was above that of the S&P 500 as well.
SunAmerica Value A (SSVAX) is another steady, long-term performer we recommend. It has posted a 5.60% average annual total return over the last five years and a 6.86% average annual total return over the last three years.
|
High-Yielding Mutual Fundsranked by 5-Yr. Annualized Returns |
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| Name | Ticker | 12-Month Yield | 1-Yr. Total Return | 3-Yr. Annualized Total Return | 5-Yr. Annualized Total Return | Minimum Initial Purchase | Phone Number |
| Dodge & Cox Stock | DODGX | 1.36% | 25.07% | 6.61% | 9.92% | $2,500 | 800-621-3979 |
| WM Equity Income A | CMPBX | 1.79 | 21.98 | 6.89 | 7.44 | 1,000 | 800-222-5852 |
| SunAmerica Value A | SSVAX | 2.12 | 14.77 | 6.86 | 5.60 | $500 | 800-858-8850 |
| Scudder Dreman High Return Eq | AKDHAX | 1.50 | 18.24 | 1.01 | 4.90 | 1,000 | 800-621-1048 |
| T. Rowe Price Equity-Income | PRFDX | 1.49 | 17.76 | 2.60 | 3.96 | 2,500 | 800-638-5660 |
| Lord Abbett Affiliated A | LAFFX | 1.47 | 19.44 | 0.13 | 3.89 | 250 | 800-201-6984 |
| Hennessy Cornerstone Value | HFCVX | 1.74 | 20.74 | 1.14 | 3.76 | 2,500 | 800-966-4354 |
| Evergreen Large Cap Value | AEILAX | 1.31 | 18.83 | 0.74 | 3.74 | 1,000 | 800-343-2898 |
| American Funds American Mutual | AAMRMX | 2.03 | 15.43 | 3.15 | 3.62 | 250 | 800-421-0180 |
| Franklin Equity Income A | FISEX | 2.05 | 18.81 | 1.11 | 3.43 | 1,000 | 800-342-5236 |
| Source: Morningstar Inc. Morningstar makes every effort to ensure the completeness and accuracy of this data but cannot guarantee it. |
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