If you're evaluating mutual funds for your investment portfolio or retirement account, this list highlights the best value funds to consider now, based on each fund outperforming the S&P 500 over the last one-, three-, five- and 10-year periods.
The funds are shown in order of their 10-year performance. Of 404 value stock mutual funds at least 10 years old, four of them, or 1%, won IBD Best Mutual Funds 2023 awards.
For more details, read the overview article on our 2023 mutual funds study, or see the list of all IBD Best Mutual Funds in every category, including bond funds, diversified stock funds, growth and blend funds, and breakouts of large-cap, midcap and small-cap funds.
All returns are as of Dec. 31, 2022.
Best Value Stock Mutual Funds
| Mutual Fund | Symbol | 1-year total return | 3-year average total return | 5-year average total return | 10-year average total return | Morningstar category | Closed to new investors |
|---|---|---|---|---|---|---|---|
| Benchmark: S&P 500 | -18.11% | 7.66% | 9.42% | 12.56% | |||
| Parnassus Value Equity Investor | PARWX | -13.81 | 12.92 | 10.67 | 14.51 | Large Value | No |
| Smead Value Investor | SMVLX | -2.78 | 12.11 | 11.12 | 13.32 | Large Value | No |
| Neuberger Berman Large Cap Value Inv | NPRTX | -1.22 | 13.15 | 12.21 | 12.71 | Large Value | Yes |
| Victory Sycamore Established Value R | GETGX | -3.03 | 11.02 | 9.45 | 12.64 | Midcap Value | Yes |
Sources: IBD, Morningstar Direct
The 2023 Best Mutual Funds logo and accolades are available for licensing through Investor's Business Daily's partner, The YGS Group. For more information and ordering, please visit www.IBDlicensing.com or call 800-290-5460.
Go Inside The No. 1 Stock Fund On Our Best Mutual Funds List
Read More About The Findings Of Our 2023 Mutual Funds Study
See The List Of 2023 Best Mutual Funds In Every Category
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