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Thursday, October 2, 2014

Second Oldest Stock Fund Is As Nimble As A Teenager



Investor's Business Daily - Investing RSS http://ift.tt/1oFXfhk The $1.8 billion Putnam Investors Fund is an old geezer. Its Dec. 1, 1925, inception date makes it the industry's second oldest stock fund. But it's acting like a spry spring chicken lately. Since Jerry Sullivan took over in mid-2008, the fund's average annual gain is 10.84% through Sept. 30. It tops the S&P 500's 10.02%. And it beats 91% of large-cap blend funds tracked by Morningstar. In the same-length period prior to Sullivan's taking charge,


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