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Blend funds, also known as hybrid funds, aim for value appreciation by capital gains. They owe their origin to a graphical representation of a fund’s equity style box. In addition to diversification, blend funds are great picks for investors looking for a mix of growth and value investment. In addition, a mid-cap blend fund is a type of equity mutual fund that holds a mix of value and growth stocks in its portfolio, where the market cap of the stocks is generally between $2 billion and $10 billion.

Below, we share with you three top-ranked mid-cap blend mutual funds, namely Clarkston Partners Fund (CFSMX - Free Report), RMB SMID Cap Fund (RMBMX - Free Report), and Fidelity Mid-Cap Stock Fund (FMCSX - Free Report). Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future.

Clarkston Partners Fund invests primarily in equity securities of U.S. small and medium market-cap companies. Its investments may include common stock, preferred stock and convertible securities. CFSMX may also invest in foreign equity securities through American Depositary Receipts. The fund has returned 11% over the past three years.

As of June 2022, CFSMX held 21 issues, with 9.2% of its assets invested in Change Healthcare Inc.

RMB SMID Cap Fund invests the majority of its net assets in equity securities of companies with small to mid-market capitalization. RMBMX defines small to mid-cap companies as those with a market cap between $100 million and $10 billion at the time of purchase. The fund has returned 10.9% over the past three years.

RMBMX has an expense ratio of 0.80% compared with the category average of 1.09%.

Fidelity Mid-Cap Stock Fund invests the majority of its assets in common stocks of mid-cap companies (companies with market capitalization similar to companies on the Russell MidcapA Index or the S&P MidCap 400A Index). FMCSX typically invests in growth and value stocks. The fund has returned 12.6% over the past three years.

John Roth has been one of the fund managers of FMCSX since 2011.

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