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 2000, thanks to the dominance of value funds in many plans. Here are the largest funds, in order of 2000 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 U6. Three-year returns are annualized.
Largest U.S. Funds
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Obj. Cat. 3-yr Total % return Fund cat. rtg. star 4th qtr. 2000 3-yr Vanguard Windsor II LV 3 3 6.4% 16.9% 9.3% Vanguard Windsor LV 3 3 8.5 15.9 9.9 Vanguard Wellington DH 3 3 6.8 10.4 9.2 American A: Inc Fund of Amer DH 3 2 6.0 10.0 6.8 American A: WA Mutual Inv LV 4 3 6.5 9.1 10.1 Fidelity Equity-Income LV 4 3 3.9 8.5 10.1 Putnam A Fund for Grow & Inc LV 3 2 4.3 7.9 8.6 Fidelity Puritan DH 3 3 2.7 7.8 9.3 Fidelity Equity-Income II LV 4 3 3.3 7.5 11.9 Putnam B Fund for Grow & Inc LV 3 2 4.1 7.2 7.8 American A: Invest Co of Am LV 5 4 0.9 3.8 14.7 Fidelity Growth & Income LB 4 4 -4.0 -2.0 12.2 Fidelity Contrafund LG 3 4 -6.6 -6.8 16.1 American A: New Perspective WS 4 5 -4.8 -7.2 19.1 Vanguard Index 500 Index LB 4 4 -7.8 -9.1 13.0 Fidelity Magellan LB 4 4 -9.4 -9.3 15.4 Janus LG 4 5 -18.0 -14.9 21.2 American A: EuroPacific Grow FS 4 4 -7.9 -17.8 14.5 Fidelity Advisor T Grow Opp LB NA 2 -11.4 -18.3 2.3 American Cent Inv Ultra LG 3 4 -16.9 -19.9 15.9
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Common Southern California 401(k) Funds
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Obj. Cat. 3-yr Total % return Fund cat. rtg. star 4th qtr. 2000 3-yr American A: Balanced DH 4 3 8.8% 15.9% 10.3% Dodge & Cox Balanced DH 4 3 9.3 15.1 11.7 PIMCO Instl Tot Return CI 5 5 4.7 12.0 7.1 Vanguard Wellington DH 3 3 6.8 10.4 9.2 T Rowe Price New Horizons SG 3 2 -14.1 -1.9 12.5 Neuberger Berman Tr Guard LV 1 2 -5.3 -2.0 3.6 Templeton A Foreign FS 3 3 5.7 -3.7 8.6 Fidelity Growth Company LG 5 5 -16.4 -6.3 30.1 Fidelity Diversified Intl FS 4 5 -2.3 -9.0 16.3 Fidelity Blue Chip Growth LG 3 4 -12.3 -10.5 15.3 Putnam A Voyager LG 3 4 -14.7 -16.8 18.4 T Rowe Price Intl Stock FS 3 3 -6.0 -17.1 9.2 Fidelity Overseas FS 3 4 -7.6 -18.3 9.8 Scudder International S FS 4 4 -1.8 -19.2 14.9 Vanguard US Growth LG 2 3 -25.0 -20.2 11.6 PBHG Growth MG 2 3 -32.6 -23.0 16.0 Putnam A New Opportunities LG 3 3 -28.6 -26.2 17.3 Domestic stock fund average -8.0 -1.9 12.7 International stock fund average -7.9 -17.8 7.5
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Source: Morningstar
