April 1, 2015 Symbol: MERFX Expense Ratio: 1.74% 800-343-8959Merger Fund is a specialized fund and a member of the Kiplinger 25, the annual list of our favorite no-load funds. Don’t expect outsize returns from this fund, which invests in takeover targets after a buyout is disclosed. It offers super-low volatility and steady returns over time. Higher interest rates should boost returns See FUND TABLES: Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds. Sponsored Content Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work. And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.