What's Your Growth Stock Mutual Fund Packing?

The broad U.S. stock market has hit a rough patch the past few months, but growth stock mutual funds are so far holding up well in year-to-date and 10-year performance. Let’s see what $10,000 would do. Invested in the average growth stock mutual fund on June 30, 2005, it would have grown to $24,110 by July 27 this year, according to Morningstar Inc. data. That’s just behind the $24,149 that would have built up in the average core fund, which invests in both growth and value stocks. But value funds would have limped in with $18,462. Topping them all was the S&P 500, a proxy for the broad stock market, with $21,445. Year to date, growth funds were out front with a gain of 8% vs. 2% for the S&P 500 and declines of 2% for value funds and 1% for core funds. Lord Abbett Micro Cap Growth Fund has returned an average annual 13.66% the past 10 years vs. 7.51% for the S&P 500. The $162.8 million fund has been run by Matthew DeCicco since 2002, F. Thomas O'Halloran since 2006 and Arthur Weise since 2007. This year the fund has handed investors a gain of 10% vs. 2% for the S&P 500. Recent holdings include Ambarella (AMBA), Taser International (TASR) and BJ’s Restaurants (BJRI).

my guild is kinda ignoring my attempts at idle banter and i’m alreeady bored and tired,, 
you guys should.
ask me about my ME oc’s,,

i’ll shove them under a cut

Keep reading