Our
Premium site now reflects risk and return data through January.
It was a tough month for equity funds.
Here's quick summary table showing average fund total return for January, organized by SubType:
Table reflects 9,095 rated funds, oldest share class only, at least three months old, excludes money market funds. Assets under management (AUM) data reflect all share classes.
More on some specific fund observations shortly, but one of largest funds by AUM, Fidelity Select Portfolios: Biotechnology Portfolio (FBIOX), dropped a heart-stopping 27.5%.
Comments
Just sent you new pw.
Yeah, the account gets locked-up "for 600 seconds" when has too many attempts.
Sorry for inconvenience.
c
Dodge & Cox International Stock (DODFX): -9.4% ... on top of -4.8 in Dec and -1.6 in Nov.
T Rowe Price Growth Stock (PRGFX): -9.1
Oakmark International I (OAKIX): -9.0
Fidelity Growth Company (FDGRX): -10.6
iShares MSCI Japan (EWJ): -8.2
iShares MSCI Emerging Markets (EEM): -6.6
American SMALLCAP World A (SMCWX): -9.2
T Rowe Price New Horizons (PRNHX): -9.3
Vanguard Health Care Inv (VGHCX): -8.9
Fidelity OTC Portfolio (FOCPX): -12.7
On the other hand:
Consumer Staples Select Sector SPDR (XLP): +0.6%
iShares US Preferred Stock (PFF): +1.0
iShares TIPS Bond (TIP): +1.5
PIMCO Income Inst (PIMIX): +0.3
T Rowe Price New Income (PRCIX): +1.0
iShares Core US Aggregate Bond (AGG): +1.4
Dodge & Cox Income (DODIX): -0.1
DoubleLine Total Return Bond I (DBLTX): +1.3
Vanguard Total Bond Market II Index Inv (VTBIX): +1.4
PIMCO Total Return Inst (PTTRX): +1.0
Vanguard Wellesley Income Inv (VWINX): -0.2
massive drawdowns and substantial under-performance these past 12 months for all his funds:
Flagship FAIRX is in fact an MFO Three Alarm fund, which means bottom quintile absolute return in its category for the past 1, 3, and 5 years.
press
Yes, I know.
Here, adding to Junkster's comments today about market seemingly headed to bear territory, as of month ending January, many U.S. Equity sectors are already down 20% or more. See the MAXDD numbers in past year performance data below (btw ... a plus sign on the Recovery metric, which represents months of drawdown, means the drawdown continues) :
Many others down more than 10%, into so=called correction territory...
And those few sectors sparred (below) seem to be headed south in February.
Yes, I remember when BB discussed possibly having to close FAIRX when it hit $25B. I believe FAIRX exceeded $20B after BB was given Fund Manager of Decade recognition by M*.