Never heard of Bruce, or Stratton or Delafield? If you have not, then you soon may as each of those fund shops have funds that Forbes Magazine now ranks among the nation's top funds. As the top fund, Forbes once again picked Calamos Growth as the nation's number one fund. The fund has been at the top of the financial magazines for the past three years, including this year.
The magazine selects its top fund from its "Honor Role
" of 10 funds. Forbes selects those funds based on their investment performance in both up and down markets.
Calamos Growth was the only one of the ten to receive an "A+" is it up-market performance rating. Two funds -- the Bruce Fund and the Delafield Fund -- earned an "A+" grade from Forbes for their down-market performance. Each of those two funds is making their first appearance on the list, as is the Stratton Small-Cap Value fund.
The Calamos fund and Keeley's Small Cap Value fund were the only two load-carrying funds to make the ten on the honor roll.
Repeat no-load honorees included the Muhlenkamp Fund, Third Avenue Value, Osterweiss Fund, Weitz Partners Value and Mairs & Power Growth Fund.
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