Editor's note: As a special feature for April, TheStreet.com is offering a series reviewing the first-quarter performance of mutual funds and ETFs. This is the fourth installment.
As we close the books on the first quarter of 2007, TheStreet.com Ratings looks back at which fund families performed the best -- what we like to call "ultra" fund families.
There are two ways that a fund family can earn the designation of ultra fund family. One, the fund company can be one of the few that has the most funds on our quarterly top-200 list of open-end funds. Two, the fund can have a greater percentage of its funds ranked in the top 30% of all open-end funds compared with other fund families of similar size.
This quarter, Franklin Templeton Investments, a unit of Franklin Resources (BEN Quote), placed 16 funds in our top 200. This knocked MFS, a unit of Sun Life Financial (SLF Quote) down to second place with 15 funds and Putnam Funds down to third from second with 13 funds. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet