Wednesday's Daily Screen covers small-cap value funds, which typically focus on stocks with market capitalizations of around $1.5 billion or less that fund managers feel are undervalued.
As usual, we've screened for funds that beat the category's average return over the last one- and three-year periods, according to
. The top 10 are ranked by one-year return.
The second table lists the 10 most popular stocks among the funds on the top-10 list. It was compiled by creating an equally weighted portfolio of the 10 funds and screening for a the 10 biggest holdings. Since the small-cap stock arena is fairly vast -- Morningstar defines more than 5,000 stocks as small-cap -- there's little overlap among the funds' picks. Still, it's always interesting to look under the hood.