This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

13 Fund Managers Who Lost Among the Most Money

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Fidelity Dividend Growth (FDGKX)

Fund profile: The fund has been prominent in Fidelity's stable and should do well given the emphasis on dividend-paying stocks in the current investment environment. But this year the large-blend category has struggled mightily. Its 536-stock portfolio has been managed by Lawrence Rakers since September 2008. Morningstar says returns have been volatile, "but it's a fine fund for a patient investor."

Performance: down 10.7%, putting it in the 94th percentile versus its large-blend category peers and 7 percentage points below their average return. But over three years it has an admirable 19.8% annual average return.

Assets: $8.5 billion

Worst picks: Citigroup (C - Get Report), its second-largest holding, down 43%; Wells Fargo (WFC - Get Report), down 14%; JPMorgan Chase (JPM - Get Report), down 24%.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Goldman Sachs Large Cap Value (GSVCX)

Fund profile: The fund's lead managers, Andrew Braun and Sean Gallagher, focus on large-cap firms with healthy free cash flow as well as strong and improving balance sheets. The fund has been overweight financials this year, including Bank of America (BAC - Get Report).

Performance: down 11.7%, putting it in the 96th percentile in the large-value category, 7.9 percentage points below its peers' average return.

Assets: $2 billion

Worst picks : JPMorgan Chase (JPM - Get Report), 4% of the fund, down 24%; Prudential Financial (PRU), down 6%; Teva Pharmaceutical (TEVA - Get Report), down 20%.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AIG $52.45 0.38%
BAC $11.98 -1.80%
C $37.41 -0.27%
F $11.34 -0.09%
JPM $55.52 -1.21%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs