The second quarter was very mixed, at best, for many mutual funds. The average domestic large-cap stock fund was essentially flat, with the category average rounding to 0.0%. Mid-cap stock funds fell, on average, while small-cap stock funds averaged modest gains. Bond funds were...

Health care was the top-performing fund category for the first quarter of 2015, jumping 11.0%, more than double the gain of the second-ranked category—consumer discretionary—which was up 4.9%. All five of last quarter’s top-performing sector funds are in the health care sector,...

“A Reversal of Fortunes” — The second half of last year marked a reversal of fortune for certain fund categories. Read more » ...

“Three Big Changes” — We have three big changes to share with you in this quarter’s update. Read more » ...

“Bond king” Bill Gross is leaving PIMCO, a company he co-founded, to join Janus Capital Group (JNS). Our mutual fund guide shows Gross as the lead manager on eight PIMCO mutual funds. Our exchange-traded fund (ETF) guide shows Gross as the lead manager on one PIMCO ETF. The...

“Falling Yields Help Bonds and Emerging Markets” — Bond yields continued to fall last quarter, with yields on the benchmark 10-year Treasury note ending June at 2.52%. Read more » ...

What Was Down Is Now Up Two of last year’s worst-performing categories ranked among the first quarter’s top performers. Whether it was a reversion to the mean or a temporary blip within a long-term downtrend remains to be seen, but shareholders of precious metals funds and...

Third Quarter Similar to the First The third quarter bucked its reputation for being the three-month period with the worst market performance for stocks. Rather, gains were realized by stock funds of all stripes and colors, though the magnitude of the gains increased as market...

Bond Funds Fall on Fed Uncertainty Uncertainty about U.S. monetary policy was a key theme during the second quarter. Yields on the benchmark 10-year Treasury note rose from 1.63% on May 2, 2013, to 2.48% on June 30, 2013, over concerns that the Federal Open Market Committee would...

The First Quarter’s Bull Run Investors in stock funds were singing The Cars’ famous tune, “Let the Good Times Roll,” last quarter. U.S stocks enjoyed their best start to a year since 1998. Several market benchmarks reached new record highs, including the Dow Jones industrial...