Businessweek Archives

"File Your Taxes And Save A Tree" (Personal Business, Feb. 1)


Corrections & Clarifications

"File your taxes--and save a tree" (Personal Business, Feb. 1)

In "File your taxes--and save a tree" (Personal Business, Feb. 1), the phone number that electronic filers should call if they want to pay their taxes by credit card should have been 888-2-PAY-TAX.Return to top

"Guarding your laptop--and its secrets" (Personal Business, Feb. 15)

"Guarding your laptop--and its secrets" (Personal Business, Feb.15) misspelled the name of Symantec Corp.Return to top

Mutual Fund Scoreboard (Feb. 15)

In the closed-end Mutual Fund Scoreboard (Feb. 15), Adams Express and Tri-Continental funds were inadvertently omitted from the equity fund listings.

For Adams Express, BUSINESS WEEK rating, B+; Category, Large-cap Blend; Risk, Low; Assets, $1,687.6 million; Expense Ratio, 0.39%; Net Asset Value return, 23.4% for 1998, and an average 25% a year for 1996-98; Fund Shares return, 19% for 1998, and average 22.6% for 1996-98; and Yield, 1.8%. The fund was in the top quartile of equity funds for 1996, 1997, and 1998. During 1998, the fund shares traded at a discount to net asset value that ranged 13% and 18%.

For Tri-Continental, BUSINESS WEEK rating, B+; Category, Large-cap Blend; Risk, Low; Assets, $3,912.5 million; Expense Ratio, 0.60%; Net Asset Value return, 25.9% for 1998, and an average 24.3% a year for 1996-98; Fund Shares return, 26.3% for 1998, and average 25.1% for 1996-98; and Yield, 1.6%. The fund was in the top quartile of equity funds for 1996, 1997, and 1998. During 1998, the fund shares traded at a discount to net asset value that ranged 13.9% and 20.7%.Return to top

"The Investor Revolution" (Cover Story, Feb. 22)

The introduction to "The Investor Revolution" (Cover Story, Feb. 22) should have said that the average equity mutual fund underperformed, not outperformed, the Standard & Poor's 500-stock index by nearly three percentage points a year.Return to top


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