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IBD Announces Fourth Annual Best Mutual Funds Award Winners

March 25, 2019

LOS ANGELES--(BUSINESS WIRE)--Mar 25, 2019--Investor’s Business Daily (IBD), a leading financial news and research organization, today announced the results of its fourth annual Best Mutual Funds Awards. Funds named to the prestigious list were selected because they have beaten the broad market over the past one, three, five and 10 years -- an incredibly rare and difficult achievement.

“After enduring a somewhat turbulent year, 2019’s award winners showed resilience when needed. They have also performed with consistency over time, outperforming benchmark indexes in both the recent past and over the long term,” said Susan Warfel, managing editor of IBD. “The funds making the list could be considered the Best of the Best. They should be proud of their superior performance, and we heartily congratulate this year’s winners.”

The 2019 award winners were drawn from a universe of 2,852 mutual funds that met the criteria of having at least $100 million in assets and 10 years of operation. Only 357 funds beat their performance benchmark across all four periods evaluated, compared to 627 for the 2018 list. Breaking it down further, of the 1,076 U.S. diversified stock mutual funds in business for the entire decade, only 111 outperformed the S&P 500 index at the one-, three-, five- and 10-year marks.

The awards span 13 categories, which include six subcategories of U.S. Diversified Stock Funds, the largest category. Those subcategories are Growth Funds, Blend Funds, Value Funds, Large-Cap Funds, Midcap Funds and Small-Cap Funds.

Other categories are Sector Funds, International Stock Funds, U.S. Taxable Bond Funds, International Bond Funds, Municipal Bond Funds, and the new Index Funds category. As in 2018, no value funds made the 2019 list.

The funds are ranked according to their 10-year performance.

The same five mutual funds led both the U.S. Diversified Stock category and the Growth subcategory.

Top Award Winners in Each Category:

U.S. Diversified Stock Funds:

  • Morgan Stanley Institutional Growth Portfolio I
  • T. Rowe Price New Horizons
  • Fidelity OTC
  • Virtus KAR Small-Cap Growth I
  • Morgan Stanley Insight Fund B

Growth Funds:

  • Morgan Stanley Institutional Growth I
  • T. Rowe Price New Horizons
  • Fidelity OTC
  • Virtus KAR Small-Cap Growth I
  • Morgan Stanley Insight Fund B

Blend Funds:

  • White Oak Select Growth
  • CIBC Atlas Disciplined Equity Institutional
  • Janus Henderson Growth And Income D

Large-Cap Funds:

  • Morgan Stanley Institutional Growth I
  • Fidelity OTC
  • Morgan Stanley Insight Fund B
  • Fidelity Advisor Growth Opps M
  • T. Rowe Price Institutional Large Cap Growth

Mid-Cap Funds:

  • T. Rowe Price New Horizons
  • T. Rowe Price Institutional Mid-Cap Equity Growth
  • Eventide Gilead N
  • Janus Henderson VIT Enterprise Institutional
  • BlackRock Mid-Cap Growth Equity Institutional

Small-Cap Funds:

  • Virtus KAR Small-Cap Growth I
  • Lord Abbett Micro Cap Growth I
  • Wasatch Ultra Growth
  • Brown Capital Management Small Company Investor
  • Alger Small Cap Focus I

Sector Funds:

  • Berkshire Focus
  • Fidelity Select Retailing
  • Fidelity Select Software & IT Services Portfolio
  • T. Rowe Price Communications & Technology Investor
  • Fidelity Select Health Care Services Portfolio

International Stock Funds:

  • Morgan Stanley Institutional Global Opportunity I
  • Oppenheimer International Small-Mid Company A
  • Seven Canyons World Innovators Investor
  • Matthews India Investor
  • Artisan Global Opportunities Investor

U.S. Taxable Bond Funds:

  • Franklin Convertible Securities A
  • AllianzGI Convertible Institutional
  • PIMCO Income Institutional
  • Victory High Yield A
  • Thornburg Strategic Income I

International Taxable Bond Funds:

  • Janus Henderson Strategic Income A
  • PIMCO International Bond (USD-Hdg) Instl
  • Templeton Global Total Return Adv
  • T. Rowe Price Global Multi-Sector Bd Inv
  • AB Global Bond A

Municipal Bond Funds:

  • Oppenheimer Rochester High Yield Municipal A
  • Nuveen High Yield Municipal Bond I
  • Oppenheimer Rochester California Municipal A
  • Oppenheimer Rochester AMT-Free Municipals A
  • Eaton Vance High-Yield Municipal Income A

Index Funds:

  • VALIC Company I NASDAQ-100 Index
  • Shelton Nasdaq-100 Index Direct
  • USAA NASDAQ-100 Index
  • Rydex NASDAQ-100 Investor
  • Nationwide Ziegler NYSE Arca Tech100 A

To find out more about this year’s winners, read analysis of the respective categories, and learn how to invest in mutual funds, please visit www.investors.com/mutualfundsawards. To see the list of Best Mutual Funds with links to all the winning funds in every category, go to www.investors.com/mutualfundsawardslist.

Reprints and licensing of IBD’s 2019 Best Mutual Funds Award logo and accolade are available through IBD’s partner, The YGS Group. For information and ordering, please visit www.IBDlicensing.com or call 800-290-5460.

About IBD

Investor’s Business Daily (IBD) is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge. The company takes a data-first approach to investing, educating investors about how to invest successfully using tested methods and sound research. IBD has honed its approach over the last 50 years to help investors make smarter decisions. Its stock lists have outperformed the S&P, and its presidential poll, the most accurate over the past four election cycles, was one of only two national polls to accurately predict the outcome of the 2016 Presidential Election. IBD offers a number of interactive stock research tools and provides information for investors of every level. To learn more about all that IBD has available, please visit www.investors.com.

© 2019 Investor’s Business Daily, Inc. All rights reserved. Investor’s Business Daily, IBD, CAN SLIM and their corresponding logos are registered trademarks of Investor’s Business Daily, Inc.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190325005103/en/

CONTACT: Marisa Lam

GMK Communications for IBD

marisa@gmkcommunications.com

650.544.3350

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SOURCE: Investor’s Business Daily

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PUB: 03/25/2019 09:00 AM/DISC: 03/25/2019 09:00 AM

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