Performance of Largest and 401(k)-Favorite Mutual Funds
The majority of the largest U.S. mutual funds--popular with investors and often found in company 401(k) plans--fared better than the S&P; 500 index in the third quarter of 2000. Here are the largest funds, in order of third quarter total return (price change plus any interest or dividend income), as well as a selection of funds common in Southern California 401(k) plans. Included are returns for other periods and each fund’s “category rating” and “star rating” as assessed by Morningstar. Explanations of ratings and objective category definitions begin on U12. Three-year returns are annualized.
Largest U.S. Funds
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Obj. Cat. 3-yr. ---- Total return -- Fund cat. rtg. star 3rd qtr. YTD 3-yr. Vanguard Windsor II LV 3 2 10.6% 9.8% 7.7% Fidelity Equity-Income II LV 4 3 9.0 4.1 11.3 Vanguard Windsor LV 2 2 7.9 6.8 5.0 Fidelity Equity-Income LV 3 2 7.1 4.5 8.8 Putnam A Fund for Grow & Inc LV 3 2 6.8 3.5 6.5 Putnam B Fund for Grow & Inc LV 3 2 6.6 2.9 5.7 American A: WA Mutual Inv LV 3 2 6.5 2.4 8.9 American A: Inc Fund of Amer DH 2 2 4.7 3.8 5.6 Vanguard Wellington DH 3 3 4.7 3.4 7.5 Fidelity Puritan DH 3 3 4.4 4.9 8.8 Fidelity Growth & Income LB 3 3 1.3 2.1 14.4 Fidelity Contrafund LG 2 4 1.1 -0.3 17.5 Janus LG 4 5 0.7 3.8 28.2 American A: Invest Co of Am LV 5 3 0.4 2.9 14.4 American Cent Inv Ultra LG 3 4 0.2 -3.6 20.8 Fidelity Magellan LB 4 4 -0.6 0.1 18.1 Vanguard Index 500 Index LB 4 4 -0.9 -1.4 16.2 Fidelity Advisor T Grow Opp LB NA 3 -3.4 -7.8 7.2 American A: New Perspective WS 4 4 -7.3 -2.6 18.6 American A: EuroPacific Grow FS 4 4 -8.5 -10.8 14.6
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Common So. California 401(k) Funds
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Obj. Cat. 3-yr. ---- Total return -- Fund cat. rtg. star 3rd qtr. YTD 3-yr. Dodge & Cox Balanced DH 3 3 5.2% 5.3% 8.0% Vanguard Wellington DH 3 3 4.7 3.4 7.5 American A: Balanced DH 3 3 4.4 7.5 7.7 T Rowe Price New Horizons SG 3 3 3.3 14.2 15.5 PIMCO Instl Tot Return CI 5 5 2.9 7.1 6.4 Fidelity Growth Company LG 4 5 2.7 12.0 35.1 Neuberger Berman Tr Guard LV 1 2 1.9 3.5 2.0 Vanguard US Growth LG 3 4 1.0 6.4 23.4 PBHG Growth MG 3 4 0.7 14.2 26.6 Fidelity Blue Chip Growth LG 3 4 -1.5 2.0 19.8 Putnam A New Opportunities LG 4 5 -2.6 3.5 29.9 Fidelity Diversified Intl FS 4 4 -3.2 -6.8 15.7 Putnam A Voyager LG 3 4 -3.3 -2.5 24.1 Templeton A Foreign FS 2 2 -3.9 -8.8 3.6 Fidelity Overseas FS 4 4 -7.2 -11.6 10.2 T Rowe Price Intl Stock FS 3 4 -8.1 -11.8 8.7 Scudder International S FS 4 4 -9.7 -17.7 13.2 Average domestic stock fund 2.6 6.3 14.6 Average intl. stock fund -7.6 -11.4 5.8
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Source: Morningstar Inc.
