Another fund seeing big investor inflows this year is the $8 billion T. Rowe Price Small-Cap Stock Fund (OTCFX). It has a huge portfolio of 311 stocks with only 17% of its assets in the top 10 holdings.
The fund gained 32.5% last year and is off to a good start to this year, up 11%.Morningstar says "the fund does own some aggressive-growth companies, (but) generally sticks with a growth-at-a-reasonable-price strategy, preferring to buy when stocks are out of favor and sell when their valuations run up." Standard & Poor's has a five-star rating on T. Rowe Price Small-Cap Stock Fund, its highest. The fund's top pick is Brunswick (BC), at 1.3%. It's up 22% this year. The company is a recreational-equipment conglomerate, and brands include Mercury and Mariner outboard engines and Sea Ray, Boston Whaler and Bayliner boats. It is also the leading manufacturer of fitness equipment, under the Life Fitness and Hammer Strength brands. The fund's second-biggest stock holding, at 1.2% of the portfolio, is Acuity Brands (AYI), which has an odd mix of a line of lighting products and specialty chemicals. It returned 63% last year and is up 13% this year, giving it a market value of $2.5 billion. Fidelity owns 9.7% of its shares, followed by T. Rowe Price, at 7%. The fund's fourth-largest holding, at just over 1%, is Amerigroup (AGP), which has a return of 57% this year. It is a Medicaid-focused managed-care organization that provides health benefits to 1.9 million subscribers via contracts with 11 states, including Texas, Florida, Georgia, Tennessee, Maryland, New York and New Jersey. Fidelity owns 10.3% of its shares, followed by T. Rowe Price, at 9.8%.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV