Daily Screen: 'Twentysomething' Funds

When you think of twentysomethings, you may conjure up an image of slackers loafing around their parents' den with a philosophy degree and a job at the 7-Eleven. But there's another bunch of twentysomethings out there, and they might be worth a look.

Today the Daily Screen zeroes in on the fund world's twentysomethings -- concentrated stock funds with "20" or "Twenty" in their names -- and their top stock picks. The idea with this pack of focused funds, of course, is that fund managers stuff all of your money into just a few stocks that are their 20 or so best ideas. Though many of these funds had more than 20 stocks as of their most recent portfolio reports, they hold far fewer than the average U.S. stock fund's 140, according to Morningstar.

There are more than, well, 20 of these funds out there right now, according to data from Morningstar and MaxFunds.com, a fund-tracking Web site. Only four have been around for three years, including the $36.4 billion(JAVLX Quote)Janus Twenty fund -- the king of the hill that's currently closed to new investors. ...