The Daily Screen: The Best Mid-Cap Growth Funds

Judging from mid-cap growth funds' performance this year, being stuck in the middle is not so bad.

On average the mid-cap growth pack is up 6.9%, compared with a 6.9% loss for the S&P 500 through Monday's close. These funds typically feast on faster-growing companies with market caps between $1.5 billion and $9 billion. In recent years investors had ridden hot big-caps, but this year mid-cap stocks have been the place to be. The S&P MidCap 400 Index is up 13.1% on the year, nearly lapping the mostly large-cap S&P 500 three times.

As usual, we've screened the category for the funds that beat their average peer over the past one- and three-year periods, listing the top 10 funds ranked by one-year return. On this list you'll find a slew of hot funds from go-go growth shops like PBHG ((PBHEX Quote)PBHG Select Equity), Oak Associates ((POGSX Quote)Pin Oak Aggressive Stock) and Van Wagoner Funds, whose (VWEGX Quote)Emerging Growth fund made the cut but is closed to new investors. ...