Mutual funds are known as one of the most popular ways to invest, and for good reason. So many people want to know how to invest in mutual fund because they offer diversity, professional management, and tax advantages. When it comes to dividends, several mutual funds stand out from the rest.

Top 8 best mutual fund for dividends

If you want to know what is the best mutual fund for dividends, it might be hard to just mention only one mutual fund. So in this article, we will be looking at the top 8 best mutual fund for dividends. These funds offer high yields and consistent payouts, making them a great option for income-focused investors.

1. Vanguard Global ex-U.S. Real Estate ETF (VNQI)

The Vanguard Global ex-U.S. Real Estate ETF is one of the best mutual funds for dividends available today. This fund invests in real estate companies located outside of the United States, giving investors exposure to some of the world’s most lucrative markets. VNQI pays out a solid 6.70% yield and has a track record of consistent payouts.

best mutual fund for dividends
8 best mutual fund for dividends photo by Tara Winstead from Pexels

2. WisdomTree Emerging Markets High Dividend ETF

With a solid 5.7% dividend yield, the WisdomTree Emerging Markets High Dividend ETF (DEM) is a great option for investors looking for high-yielding dividend stocks. This fund focuses on 13 emerging market companies that have a history of paying and growing their dividends. The top holdings in DEM include Brazilian energy giant Petrobras, Chinese telecom firm China Mobile, and South African financial services company Standard Bank.

3. iShares Edge MSCI Multifactor International ETF (INTF)

The iShares Edge MSCI Multifactor International ETF (INTF) is a great option for investors looking to add some international exposure to their portfolios. This fund tracks an index of 460 stocks from developed countries around the world, and it uses three fundamental factors: value, quality, and momentum to select stocks. It offers a solid 5.6% dividend yield and has outperformed its benchmark index over the past three years.

4. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC)

The VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) is a great choice for investors looking to add some defensive exposure to their portfolios. This fund tracks an index of high-quality, investment-grade bonds from emerging market countries. It offers a 5.2% dividend yield and has outperformed its benchmark index over the past three years.

best mutual fund for dividends
8 best mutual fund for dividends photo by Tara Winstead from Pexels

5. The Columbia Dividend Opportunity Fund (INUTX)

The Columbia Dividend Opportunity Fund is a great option for investors looking for high-yielding dividend stocks. This fund invests in a portfolio of 100 dividend-paying stocks, and it has a yield of 4.9%. The top holdings in INUTX include Johnson & Johnson, Microsoft, and Coca-Cola.

6. The T. Rowe Price Dividend Growth Fund (PRDGX)

The T. Rowe Price Dividend Growth Fund is one of the best mutual funds for dividends you can invest in. It invests in both large and mid-size companies that have a proven track record of paying and increasing their dividends. The fund has a five-star rating from Morningstar as well so you can expect to receive a steady stream of income from it.

7. Vanguard Dividend Appreciation Index Fund (VDAIX)

Vanguard Dividend Appreciation Index Fund mainly focuses on the performance of a benchmark index that measures the investment return of stocks issued by companies in the United States that have increased their dividend payments over time. The fund has an expense ratio of 0.13%, and it requires a minimum investment of $3,000. It has a history of outperforming the broader market and has a Morningstar rating of 4 stars.

best mutual fund for dividends
8 best mutual fund for dividends photo by Karolina Grabowska from Pexels

8. The Vanguard Equity Income Fund Investor Shares (VEIPX)

The last on our list of the best mutual funds for dividends is The Vanguard Equity Income Fund Investor Shares (VEIPX). This fund seeks to provide a high level of dividend income by investing in a mix of large-cap and mid-cap stocks. Some of the fund’s top holdings include Apple, Microsoft, and Johnson and Johnson. VEIPX has an expense ratio of just 0.27%, making it one of the cheapest options on this list.

Conclusion

So these are the top 8 best mutual fund for dividends you can invest in. If you’re looking for a steady stream of income, then one of these funds is definitely right for you. Also, you have to remember that investing in mutual funds is one of the safest ways to invest, however, it’s always a good idea to do your due diligence before investing. So make sure to do your research and then invest.

Top 7 Apps To Invest In Stocks
Advantages and Disadvantages Of Mutual Fund For Dividend

These are some of my favorite blogging tools

Thank you for reading this article. Anyway, for those who are looking to build a blog and wonder which tools you can use to build a blog or a website, I highly recommend these tools below.

Web Hosting: if you just start blogging I recommend you to get a Bluehost since they are easy to set up and quite cheap. The price started at US$2.95* but if you plan to scale up your website in the future, I prefer Cloudways more because Couldways works better once you get high traffic to your website. you can switch plans easily as well and they also offer a free trial with no credit card required

Domain Name: Most of my websites bought domain names from Namecheap, I did some research before I bought them and most domain names from Namecheap are cheaper than other websites.

WordPress Speed Plugin: I currently using this plugin and I’m really happy with the result. WP Rocket speeds up my website to rank a good score. Highly recommend!

WordPress Theme & plugin: For some of you who prefer to use a theme for your website, personally I like ThemeForest (my website uses a theme from here) but in case you are looking for other options such as themes, landing pages, funnels, including creating your own online courses please check out ThriveThemes

Email Marketing Service: Currently I’m using GetRespond which is easy to use and you can sign up for a 30-day free trial. The cheapest plan stat at only US$19. No credit card require so if you don’t want to use the service after the free trial period ends, you are good to go.

Graphic Design: If you don’t have graphic design skills I recommend using Canva Pro. They have so many templates which are easy to use and it only costs you US$9.95 a month.

Stock Photography: I recommend using 123RF or Depositphotos. Both sites offer good-quality photos. For Depositphotos, their plan starts at US$9.99 per month for a 1-year subscription.