Magazine

Picking Winners


All of these actively managed funds get an A for stewardship from Morningstar, thanks to their top-notch management companies and fees that are below-average for their fund category

Name, ticker, and return since inception *

Vanguard Wellesley Income (VWINX) 10.1%

Morningstar gives this balanced fund five stars for its fat yield and moderate risk. More than 60% of assets are in cash and bonds now.

Davis N.Y. Venture (NYVTX) 11.7%

Davis is a large-cap fund with a 0.85% expense ratio and gets kudos for a consistently applied investment approach since its 1969 launch.

Dodge & Cox Stock (DODGX) 10.7%

Vanguard's Jack Bogle recommends this firm "without hesitation." Morningstar likes this large-cap fund's "strong long-term record."

FPA Capital (FPPTX) 9.6%

This mid-cap fund has returned 8% a year since 1999.

Oakmark Equity & Income (OAKBX) 11.1%

Oakmark's 10-year return ranks it No. 1 in its category, and the fund has been closed and reopened at times to protect shareholders.

Diamond Hill Small Cap (DHSCX) 10.0%

This $486 million small-cap fund has been around only since 2000, and its small asset base makes it more nimble than some of its peers.

* Average annual return as of Aug. 21

Data: Morningstar


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus