This Open Primecap Fund Is a Standout
Gold-rated Primecap Odyssey Stock focuses on valuation and is cheaper than most of its large-blend peers.
David Kathman: Primecap Odyssey Stock is the smallest of the six funds managed by the Primecap team, with a little under $8 billion in assets, but it's one of only two of those funds that remain open to new investors, along with its sibling Primecap Odyssey Growth.
It's a really excellent core fund by just about any measure. The managers use the same contrarian growth strategy that they do in all their funds, but here there's a bit less emphasis on growth and more on valuation. This is the one fund of theirs that's in the Morningstar large-blend category rather than large-growth or mid-growth.
David Kathman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.