Mutual Funds/Rankings/Monthly Dividend

Monthly Dividend Mutual Funds

Mutual Funds that pay dividends every month

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Total Mutual Funds
7375
Avg Yield
4.86%
Highest Yield
897.24%
Payment Frequency
12x/year
Showing 100 of 7375 Mutual Funds• Upgrade to see all
SymbolName
Yield
Expense
AUM
1Y Return
PMZXX
PGIM Government Money Market Fund Class Z
PGIM Investments
897.24%0.42%$43M+925.20%
MJCXX
PGIM Government Money Market Fund Class C
PGIM Investments
803.57%0.73%$5M+826.23%
MRVAX
Mirova International Megatrends Fund Class A
Natixis Funds
592.59%1.20%-+6.43%
MRVNX
Mirova International Megatrends Fund Class N
Natixis Funds
584.71%0.90%$1,120.61+6.67%
MRVYX
Mirova International Megatrends Fund Class Y
Natixis Funds
579.87%0.95%-+6.68%
EVONX
Altegris Futures Evolution Strategy Fund Class N
altegris Invesments
33.75%1.87%$4M+2.26%
XCCIFX
Carlyle Credit Income Fund
Carlyle Credit Income Fund
29.81%13.82%$67M-30.06%
LEISX
Federated Hermes Strategic Dividend Growth Fund, Inc. Institutional Class
Federated Hermes
25.40%0.89%$58M+7.29%
LEIFX
Federated Hermes Strategic Dividend Growth Fund, Inc. Class A
Federated Hermes
25.11%1.12%$617M+7.08%
LFEIX
Federated Hermes Strategic Dividend Growth Fund, Inc. Class F
Federated Hermes
24.83%1.39%$28M+6.80%
FDERX
Federated Hermes Strategic Dividend Growth Fund, Inc. Class R
Federated Hermes
24.80%1.36%$12M+6.86%
LEICX
Federated Hermes Strategic Dividend Growth Fund, Inc. Class C
Federated Hermes
24.73%1.92%$8M+6.24%
BMIYX
BNY Mellon Income Stock Fund Class Y
BNY Mellon Investment Management
24.10%0.87%$1M+8.66%
BMIIX
BNY Mellon Income Stock Fund Class I
BNY Mellon Investment Management
24.02%0.90%$29M+8.77%
BMIAX
BNY Mellon Income Stock Fund Class A
BNY Mellon Investment Management
23.68%1.15%$5M+8.49%
BMISX
BNY Mellon Income Stock Fund Class C
BNY Mellon Investment Management
23.32%1.90%$979,093.53+7.85%
MIISX
BNY Mellon Income Stock Fund Investor Shares
BNY Mellon Investment Management
22.86%1.11%$10M+8.64%
MPISX
BNY Mellon Income Stock Fund Class M Shares
BNY Mellon Investment Management
22.44%0.86%$132M+8.77%
GABUX
Gabelli Utilities Fund Class AAA
Gabelli Funds
17.04%1.38%$250M+0.74%
GAUAX
Gabelli Utilities Fund Class A
Gabelli Funds
16.26%1.38%$871M+0.86%
LWCPX
Western Asset Core Plus Bond Fund Class C1
Franklin Templeton Investments (US)
16.08%1.51%$2.97+14.98%
ABCYX
American Beacon The London Company Income Equity Fund Y Class
American Beacon Funds
15.29%0.83%-+10.84%
ABCAX
American Beacon The London Company Income Equity Fund A Class
American Beacon Funds
15.17%1.08%$155M+10.56%
GUXPX
Gabelli Utilities Fund
Gabelli Funds
15.10%2.13%$105M+0.02%
ABCVX
American Beacon The London Company Income Equity Fund Investor Class
American Beacon Funds
15.03%1.09%$26M+10.56%
FROPX
Flat Rock Opportunity Fund
Flat Rock Global, LLC
14.99%4.77%$343M-5.96%
DPTRX
BNY Mellon Tax Managed Growth Fund Class I
BNY Mellon Investment Management
14.81%0.86%$112M+23.40%
ABECX
American Beacon The London Company Income Equity Fund C Class
American Beacon Funds
14.71%1.85%$1.1B+9.76%
DTMGX
BNY Mellon Tax Managed Growth Fund Class A
BNY Mellon Investment Management
14.62%1.11%$92M+23.32%
GAUIX
Gabelli Utilities Fund Class I
Gabelli Funds
14.37%1.13%$433M+1.00%
RQEAX
RESQ Dynamic Allocation Fund Class A
RESQ Funds
14.35%2.56%$34M+8.01%
FTTRX
Templeton Global Total Return Fund Class R6
Franklin Templeton Investments (US)
14.07%0.82%$1.0B+7.70%
CRDYX
WisdomTree Private Credit and Alternative Income Digital Fund
WisdomTree Investments
14.02%4.16%$590,143.01-13.79%
RQEIX
RESQ Dynamic Allocation Fund Class I
RESQ Funds
13.94%2.16%$3M+8.37%
GPIGX
GuidePath Growth and Income Fund
Guidepath Funds
13.76%0.88%$138M+11.81%
MCTDX
Modern Capital Tactical Opportunities Fund Advisor Class
Modern Capital
13.65%3.91%$50M+4.24%
AFNIX
Bahl & Gaynor Income Growth Fund Class I
Bahl & Gaynor
13.58%0.63%$1.6B+16.39%
MCTOX
Modern Capital Tactical Opportunities Fund Class A Shares
Modern Capital
13.41%3.91%$8M+4.59%
AFNAX
Bahl & Gaynor Income Growth Fund Class A
Bahl & Gaynor
13.38%0.88%$214M+16.06%
FCFRX
Franklin Floating Rate Daily Access Fund Class C
Franklin Templeton Investments (US)
13.15%1.35%$376M-3.03%
KHYQX
DWS High Income Fund Class R6
DWS
12.94%0.67%$1M+2.25%
AFYCX
Bahl & Gaynor Income Growth Fund Class C
Bahl & Gaynor
12.81%1.63%$112M+15.23%
HIGFX
American High-Income Trust Fund Class F-3
American Funds
12.75%0.36%$49M+1.42%
AFRCX
Invesco Floating Rate ESG Fund Class C
Invesco (US)
12.75%1.64%-+7.35%
AHHYX
Invesco High Yield Fund Class Y
Invesco (US)
12.74%0.75%-+7.25%
OHSHX
Oakhurst Short Duration High Yield Credit Fund Institutional Class
F-m investments
12.70%0.95%$2M+6.73%
FTAHX
American High-Income Trust Fund Class 529-F-3
American Funds
12.65%0.41%$49M+1.37%
MNHYX
Manning & Napier High Yield Bond Series Class S
Manning & Napier
12.48%0.88%-+3.24%
MXFAX
NYLIM Floating Rate Fund Class A
New York Life Investment Management LLC
12.21%0.96%$708M+4.93%
DCMDX
Dunham Monthly Distribution Fund Class C
Dunham Funds
12.20%3.03%$10M+3.33%
REGGX
American Funds Emerging Markets Bond Fund Class R-6
American Funds
12.07%0.54%-+8.71%
IPBJX
Allspring Real Return Fund Class R6
Allspring Global Investments
12.06%0.40%$67M+9.52%
AHITX
American High-Income Trust Fund Class A
American Funds
12.04%0.74%$49M+1.05%
IPBNX
Allspring Real Return Fund Institutional Class
Allspring Global Investments
12.02%0.45%$122M+9.36%
HWHIX
Hotchkis and Wiley High Yield Fund Class I
Hotchkis & Wiley Funds
11.97%0.70%$409M+6.34%
EAFHX
Eaton Vance Floating-Rate & High Income Fund Advisor Class
Eaton Vance
11.94%1.08%$98M+7.07%
EBNFX
American Funds Emerging Markets Bond Fund Class F-2
American Funds
11.89%0.64%-+8.52%
FEBMX
American Funds Emerging Markets Bond Fund Class 529-F-2
American Funds
11.86%0.65%-+8.48%
REGJX
American Funds Emerging Markets Bond Fund Class R-5E
American Funds
11.85%0.69%$17M+8.48%
IPBAX
Allspring Real Return Fund Class A
Allspring Global Investments
11.81%0.76%$30M+9.23%
RHYKX
Victory High Yield Fund Class R
Victory Capital Management Inc.
11.80%1.37%$1M+5.03%
ATCAX
Anchor Risk Managed Credit Strategies Fund Advisor Class
Anchor Series Trust
11.64%2.59%$8M-1.87%
AAZXX
American Funds US Government Money Market Fund Class ABLE-A
American Funds
11.62%0.46%-+9.26%
ATCSX
Anchor Risk Managed Credit Strategies Fund Institutional Class
Anchor Series Trust
11.42%2.84%$7M-2.03%
CBNAX
American Funds Emerging Markets Bond Fund Class 529-A
American Funds
11.31%0.94%-+7.92%
FLEKX
Victory Pioneer Equity Premium Income Fund Class R6
Victory Capital Management Inc.
11.29%0.90%$32M+9.41%
JNBZX
JPMorgan Income Builder Fund Class R6
J.P. Morgan Asset Management
11.29%0.52%$370M+7.84%
PMYRX
Victory Pioneer Equity Premium Income Fund Class Y
Victory Capital Management Inc.
11.29%0.90%$60M+9.41%
MDCEX
Matisse Discounted Closed-End Fund
Matisse Funds
11.26%3.20%$75M+8.72%
GSHRX
Goldman Sachs High Yield Fund Class R
Goldman Sachs Asset Management
11.14%1.24%$4M+5.60%
AAIDX
Axonic Alternative Income Fund Institutional Class
Axonic Capital LLC
11.05%3.16%$518M+7.82%
AAIAX
Axonic Alternative Income Fund Class A
Axonic Capital LLC
10.99%4.18%$49M+7.07%
PMARX
Victory Pioneer Equity Premium Income Fund Class A
Victory Capital Management Inc.
10.99%1.20%$67M+9.08%
CBNEX
American Funds Emerging Markets Bond Fund Class 529-E
American Funds
10.91%1.15%-+7.50%
REGCX
American Funds Emerging Markets Bond Fund Class R-3
American Funds
10.90%1.16%-+2.52%
REGHX
American Funds Emerging Markets Bond Fund Class R-2E
American Funds
10.90%1.28%-+7.49%
MEDHX
MFS Emerging Markets Debt Fund Class R6
MFS Investment Management
10.89%0.71%$3.0B+7.75%
GIFSX
Guggenheim Floating Rate Strategies Fund Class R6
Guggenheim Investments
10.85%0.80%$3M+8.41%
DEZRX
Nomura Extended Duration Bond Fund Class R6
Nomura Asset Management Co Ltd
10.62%0.48%$13M-2.55%
EEIIX
Eaton Vance Emerging Markets Local Income Fund Class I
Eaton Vance
10.52%0.93%$1.7B+9.63%
AFPAX
DSS AmericaFirst Income Fund Class A
AmericaFirst Funds
10.51%2.62%$4M+2.52%
REGAX
American Funds Emerging Markets Bond Fund Class R-1
American Funds
10.23%1.62%$94,686+2.16%
EEIAX
Eaton Vance Emerging Markets Local Income Fund
Eaton Vance
10.22%1.18%$135M+9.67%
PRRCX
Victory Pioneer Equity Premium Income Fund Class C
Victory Capital Management Inc.
10.21%1.98%$8M+8.38%
ECIBX
Eaton Vance Income Fund of Boston - Class C
Eaton Vance
10.18%1.71%$21M+5.29%
SCJIX
Steward Covered Call Income Fund Institutional Class
Crossmark Steward Funds
10.16%1.00%$115M+10.44%
AFPIX
DSS AmericaFirst Income Fund Class I
AmericaFirst Funds
10.06%2.50%$6M+2.71%
EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund Class R6
Eaton Vance
10.05%0.73%-+15.27%
GFEMX
Gramercy Emerging Markets Debt Fund Institutional Class
Liberty Street Funds
10.04%0.85%$2M+8.60%
AGEIX
American Beacon Developing World Income Fund Institutional Class R5
American Beacon Funds
9.99%1.07%-+15.35%
BLADX
BlackRock Managed Income Fund Class A
BlackRock, Inc. (US)
9.98%0.70%$289M+0.86%
AGEYX
American Beacon Developing World Income Fund Y Class
American Beacon Funds
9.96%1.10%-+15.15%
EIDOX
Eaton Vance Emerging Markets Debt Opportunities Fund Class I
Eaton Vance
9.95%0.81%$4.7B+15.33%
MAMOX
MoA Moderate Allocation Fund
MUTUAL OF AMERICA INVESTMENT CORPORATION
9.94%0.38%$404M+8.72%
PLCDX
Aristotle Multi-Asset Income Fund Class I2
Aristotle Funds
9.94%0.89%$4M+3.24%
PHYNX
Penn Capital Opportunistic High Income Fund Institutional Class
PENN Capital Funds
9.84%0.72%$965,326.82+8.81%
GFEAX
Gramercy Emerging Markets Debt Fund Class A
Liberty Street Funds
9.80%1.10%$69,188.39+8.33%
RLCIX
Lazard US High Yield Portfolio Class R6
Lazard Asset Management
9.75%0.55%-+2.36%
AGEPX
American Beacon Developing World Income Fund Investor Class
American Beacon Funds
9.75%1.33%$81M+15.08%
EADOX
Eaton Vance Emerging Markets Debt Opportunities Fund Class A
Eaton Vance
9.74%1.06%$241M+15.05%

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About Monthly Dividend Mutual Funds

Monthly dividend mutual funds provide consistent income by paying distributions 12 times per year, making them ideal for investors seeking regular cash flow. These mutual funds typically invest in dividend-paying stocks, bonds, REITs, or use income-focused strategies to generate monthly income.

Key Benefits:

  • Predictable monthly cash flow for budgeting and expenses
  • Potential for dividend reinvestment through DRIP programs
  • Diversification across multiple dividend-paying securities
  • Professional management of income-generating portfolios