4 Utility Mutual Funds To Counter US-Sino Trade Spat

This Zacks sector – Utilities product has a history of positive total returns for more than 10 years.

FIUIX carries a Mutual Fund Rank #1. The fund has an annual expense ratio of 0.70%, which is below the category average of 1.07%. It has three and five-year returns of 9.9% and 8.2% respectively, and no minimum initial investment.

American Century Utilities Fund Investor Class (BULIX - Free Report) aims for current income and long-term growth of capital and income. The fund invests most of its net assets in equity securities of companies engaged in the utilities industry. The portfolio managers use quantitative and qualitative management techniques along with risk controls to create the portfolio of the fund.

This Zacks sector – Utilities product has a history of positive total returns for more than 10 years.

BULIX carries a Mutual Fund Rank #2. The fund has an annual expense ratio of 0.67%, which is below the category average of 1.07%. It has three and five-year returns of 6.5% and 7.1%, respectively, and a minimum initial investment of $2500.

PGIM Jennison Utility Fund- Class A (PRUAX - Free Report) aims for total return through a combination of capital growth and current income. The fund invests majority of its investable assets (fund's net assets and any borrowings for investment purposes) in equity and equity-related and investment-grade debt securities of utility companies.

This Zacks sector – Utilities product has a history of positive total returns for more than 10 years.

PRUAX carries a Mutual Fund Rank #2. The fund has an annual expense ratio of 0.83%, which is below the category average of 1.07%. It has three and five-year returns of 10.7% and 7.4%, respectively, and a minimum initial investment of $2500.

AllianzGI Global Water Fund Class A (AWTAX - Free Report) aims for long-term capital appreciation. The non-diversified fund invests majority of its assets in common stocks and other equity securities of companies that are represented in one or more of the S&P Global Water Index, the Nasdaq OMX US Water or Global Water Indices or the S-Network Global Water Index (Composite), or that are substantially engaged in water-related activities.

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