Fun Fund Facts That Will Make You Think
A tale of two Bill Nygrens and a closed fund that keeps getting bigger.
Our past columns that simply highlight noteworthy numbers or statistics from the fund world have proved popular with readers. We understand; sometimes it's refreshing to just peruse some snappy snippets and then deal with more complex topics another time. With that in mind, here's another dose of fun facts from the fund front.
When Closed Doesn't Mean Closed
Amount of assets in Fidelity Diversified International (FDIVX) just before it announced it would close to new buyers in October 2004: $18.7 billion. Its current size, according to Fidelity's Web site: $48.3 billion.
When Closed Doesn't Mean Closed, Part II
Amount of assets in Dodge & Cox Stock (DODGX) just before it announced it would close to new buyers in January 2004: $29 billion. Its current size: $68 billion.
Gregg Wolper has a position in the following securities mentioned above: OAKMX. Find out about Morningstar’s editorial policies.