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The Daily Screen: Top Large-Cap Value Funds With Tenured Skippers

 

If you're looking for a solid value managers, fresh eyes aren't necessarily what you're after.

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Value managers are Wall Street's bargain hunters. They typically scour the market looking for stocks they believe are selling for prices below their true value. Of course, this is far from an exact science. Cheap stocks are often cheap for a reason and keep on sinking. Discerning cheapness from value is a dicey proposition and one that's usually honed after years of choosing between value stocks and value traps.

That's why today the Daily Screen is combing through the large-cap value fund category to find some funds with solid results and managers who have been in place for a while. Because value funds traditionally have light stakes in the market-leading and pricey tech sector, they haven't been on many investors' radar screens in recent years. But with tech stocks tumbling, value funds have shown why diversifying among growth and value investment styles makes sense. ...

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