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A $12 Billion Fund Beats All Peers Picking Stocks Once A Year
FYI: Timothy Pettee is beating all of his stock picking rivals without spending a lot of time picking stocks.
Pettee, who runs the $11.5 billion SunAmerica Focused Dividend Strategy Portfolio, selects 30 stocks only once a year using a quantitative model that does the heavy lifting. The mutual fund has returned 9.7 percent a year on average over the past decade, the best performance among more than 260 U.S. large-cap value funds, according to data compiled by Bloomberg. Regards, Ted http://www.bloomberg.com/news/articles/2016-07-01/a-12-billion-fund-beats-all-peers-picking-stocks-once-a-year
I most always enjoy reading about a fund(s) that I own. This article is no exception. The two largest of six positions that I hold in my domestic equity sleeve found in the growth & income area of my portfolio are FDSAX (Sun America Focused Dividend Strategy) and SVAAX (Federated Strategic Value). Both, are indeed having great years and combined account for half of the sleeve. The other members found in this sleeve are ANCFX, INUTX, NBHAX and SPQAX.
I have owned both FDSAX and SVAAX for better than ten years. They were both suggested to me for purchase by my late father's broker who has now retired.
Comments
Thanks for posting this article.
I most always enjoy reading about a fund(s) that I own. This article is no exception. The two largest of six positions that I hold in my domestic equity sleeve found in the growth & income area of my portfolio are FDSAX (Sun America Focused Dividend Strategy) and SVAAX (Federated Strategic Value). Both, are indeed having great years and combined account for half of the sleeve. The other members found in this sleeve are ANCFX, INUTX, NBHAX and SPQAX.
Old_Skeet
Regards,
Ted
I have owned both FDSAX and SVAAX for better than ten years. They were both suggested to me for purchase by my late father's broker who has now retired.
Old_Skeet