The Daily Screen: The Best Mid-Cap Blend Funds
Mid-cap funds have been in the sweet spot of the market this year, and they're the focus of today's Daily Screen.
More specifically, the Screen is tackling mid-cap blend funds. These funds primarily invest in stocks with market caps
between $1.5 billion and $9 billion. The "blend" tag indicates that they practice both the value and growth investment styles. Value managers typically troll the market looking for bargains, while growth managers tend to pay steep prices for shares in the fastest-growing companies they can find.
So far this year mid-cap stocks are trouncing large-caps, defined as stocks with market caps above $9 billion. The S&P MidCap 400 Index is up 11.6% year to date, while the mainly large-cap S&P 500 Index is down more than 7% through Wednesday's close, according to Baseline. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,463.94 | 1,110.04 | 2,210.38 | 35.94 |
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SPDR Gold
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