News

Mutual Fund News Roundup: January 16

Shauna O'Brien Jan 16, 2015

Staying on top of mutual fund news is important for investors. Below, we look at the most important mutual fund news from the past week.

Bond Mutual Funds to Buy

In a recent article published by Zacks, three short-term government bond mutual funds that investors should consider were mentioned.

Symbol	Mutual Fund	AUM
ASTEX	American Funds Short-Term Tax-Exempt Bond A	$795 million
APIUX	API Efficient Frontier Income A	$790 million
LALDX	Lord Abbett Short Duration Income A	$36 billion

For the full article, click here.

The Best Performing Europe Mutual Funds

Investors Business Daily recently published an article regarding the best performing European stock mutual funds. Although European stocks tend to outperform the S&P 500, this article showed that the region has lagged compared to the index. For more information, click here.

TIME MONEY’s Mutual Fund Top Picks

Zacks recently posted an article regarding the TIME MONEY list of best mutual funds. The following funds were removed from the list in 2015:

T. Rowe Price Equity Income (PRFDX)
PRIMECAP Odyssey Aggressive Growth (POAGX)
Harbor Bond Institutional (HABDX)

The following funds were added to the list in 2015:

Dodge & Cox Stock (DODGX)
Fidelity Total Bond (FTBFX)

For more information, check out the full article.

Equity Funds in Q4

In an article reported by ThinkAdvisor, the head of research services for Lipper, Tom Roseen, discussed the performance of equity funds in the fourth quarter. Roseen mentioned that equity funds had “ho-hum” performance during the quarter and expressed concerns regarding a global slowdown. For more information, check out the full article.

Morningstar Reports FY2014 Mutual Fund and ETF Asset Flows

Morningstar recently reported data regarding asset flows for mutual funds and ETFs for 2014. According to the data, active U.S. equity funds brought in $166.6 billion in inflows. Bond funds saw $23 billion in outflows. Vanguard saw the largest amount of passive inflows, while JP Morgan brought in the most active inflows. For more information, check out the full article.

Growth Mutual Funds

Since the 2008 recession ended, growth stocks have been outperforming value stocks. For example, the Hennessy Focus Investor Fund rose by an average annual gain of 13.2% over the past 15 years compared to the S&P 500. For more information, check out the full article.