These Eight Funds Beat Up Their Benchmarks

In the large blend category, five funds are still going strong. Two, RELEXRussell LifePoints Equity Growth Strategy and PRSGXT. Rowe Price Spectrum Growth, are funds that invest in other mutual funds.

Three others that invest directly in stocks -- ANCFXAmerican Funds Fundamental Investors, HIACXHartford Capital Appreciation HLS and PHGAXTarget Growth Allocation -- also seem, at least for now, to be in position to keep their streaks alive.

Fundamental Investors' top holdings include Suncor Energy SU and Microsoft MSFT; Hartford Capital Appreciation's include GoogleGOOG and Companhia Vale Do Rio DoceRIO ; Target Growth Allocation's include AT&TT and CiscoCSCO.

However, it looks as though CAMOXCambiar Opportunity will finish under the Russell 1000 benchmark this year.

The large growth category gets a little interesting. Only two funds from the five remaining are in position to stay up: AMAGXAmana Growth, a fund that complies with the Islamic principles of Sharia; and ANEFXAmerican Funds New Economy.

Amana Growth's top holdings include Apple AAPL and PotashPOT; New Economy's include Google and SchlumbergerSLB.

Three funds from that group -- AGTHXAmerican Funds Growth Fund of America (a huge fund with more than $200 billion in assets), FDCAXFidelity Capital Appreciation and VMRGXVanguard Morgan Growth -- look to be finishing under the Russell 1000 Growth index this year.

But there's a surprise in the category, too: NEFSXNatixis U.S. Diversified shows up -- but it wasn't there last year.

How did that happen? The fund's investment portfolio changed enough that Morningstar reclassified the fund from "mid-cap growth" to "large-cap growth." It hadn't had the streak beating the Russell Midcap Growth index, but had beaten the Russell 1000 Growth metric.

Natixis U.S. Diversified's top holdings include Intel INTC and McDonalds'MCD.

Rounding out the list, TMCGXTurner Emerging Growth is still hanging in there. The lone non-large-cap fund with a benchmark-beating streak going back to 1999, it actually fits into the small growth category.

The fund's top holdings include Decker Outdoor DECK and Oceaneering International OII

No value-oriented funds show up on the streaks list until it gets down to a mere three-year streak, which itself is owned by only one value fund: EVTMXEaton Vance Dividend Builder. That large-cap value fund has beaten the Russell 1000 Value index since 2004.

Dividend Builder's top holdings include AT&T T and Constellation Energy.CEG.