FYI: Equity-income mutual funds almost matched the performance by the broad market in the form of the S&P 500 over the past 10 years.
The S&P 500 index outperformed equity-income funds as a group over the past decade by averaging a 7.07% yearly gain. That topped the 6.22% average annual gain by equity-income funds.
Equity-income funds outperformed during most of the Great Recession. They had better quarterly returns as a group from the fourth quarter of 2007 through Q1 2009. And they were close during the rest of 2009.
Regards,
Ted
http://www.investors.com/etfs-and-funds/mutual-funds/six-flags-att-mickey-d-fire-up-best-equity-income-mutual-fund/
