FYI: Nearly all of the top 20 actively managed equity mutual funds in the U.S., as ranked by assets, are behind the S&P 500 index’s 23.2% return through October. All but three, that is.
The market beaters— Fidelity Growth Company (ticker: FDGRX), Vanguard Dividend Growth (VDIGX), and T. Rowe Price Mid-Cap Growth (RPMGX)—are also topping the S&P 500 over the past one and five years. The Fidelity and T. Rowe Price funds are ahead for the past 10 years, as well, Morningstar data show. All three benefit from having long-tenured portfolio managers. Only one, Vanguard Dividend Growth, is open to new investors, however.
Regards,
Ted
https://www.barrons.com/articles/3-big-actively-managed-mutual-funds-that-are-beating-the-s-p-500-51573842353?mod=djem_b_Weekly Feed for Barrons Magazine
