<< Read Full Article

Three Stock Funds Near 10-Year Positive Runs

Stock quotes in this article: GPC , AEP , PCG , HBC , SNY , CHT , SGOVX , JAMCX , MACSX  

Pencil January of 2019 in your investing calendar. You may have to wait till then to see a list of equity mutual funds that have achieved positive returns for 10 consecutive years.

Then again, if the First Eagle Overseas Fund (SGOVX Quote) can somehow advance 29.72% between now and the close of trading on Dec. 31, you won't have to wait that long. Or, if the JPMorgan Mid Cap Value Fund (JAMCX Quote) can find a way to add 43.13% to its current value by the rapidly approaching end of the year, it will then be able to claim 10 consecutive years of positive returns. And in the unlikely event that the Matthews Asian Growth & Income Fund (MACSX Quote) can vault 50.72% between now and the evening of Dec. 31, it too will be able to become a member of the 10-consecutive-year-gainer club.

The three funds, profiled in an accompanying table, are the only open-end equity funds to have stayed in the plus column for each of the past nine calendar years. Considering that the period includes the 2000-02 bear market, their records are notable. But somehow, 10 consecutive years of plus performances sounds a lot more authoritative than nine. ...

<< Read Full Article

Recent Comments

Loading .....




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

Brokerage Partners

TheStreet Premium Services

All Services