This mid cap mutual fund allocates to bad stocks, i.e. companies that are less profitable and more expensive than those in its benchmark and the overall market.
Senior Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Don’t Overpay for Subpar Asset Allocation.
After rigorous analysis of 7,300 ETFs and mutual funds, we found a fund that successfully picks good companies at good prices while charging below average fees.
The Large Cap Blend style ranks fourth out of the twelve fund styles detailed in our 3Q24 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.