As part of its monthly
Investing in Funds report
, The Wall Street Journal
to look at how the 10 largest fund complexes measure up from the market peak in October 2007 through January 15, 2009 and Pimco
topped the list, with its funds beating 82 percent of their peers industrywide. Vanguard
placed second and American Funds
came in third.
Morningstar weighed the performance of a fund family's individual funds against each fund's respective Morningstar category. For each family, Morningstar weighted the results by fund assets.
The Investing in Funds section also contained an
on the new managed payout funds from Vanguard and Fidelity
The section also includes articles on foreign-stock funds, small-stock funds that have done relatively well, and the growing interest in bond ETFs.
Stay ahead of the news ... Sign up for our email alerts now