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Fund Spy

Funds That Went From Worst to First

These six funds have rebounded nicely in 2019.

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As investors review their results for the year and plot a course for the future, some will no doubt be tempted to dump the holding that did worst and reallocate that money to the managers who did best. Yet a review of the greatest turnarounds this year suggests that your biggest winner in 2020 might be one of your biggest disappointments from 2019. At a minimum, be sure you aren't selling simply because the fund's style is lagging.

Here's a look at six prominent funds that have gone from worst to first. One thing that links all of them is that they persevered with their strategy rather than pivoting to something else. As Vanguard founder Jack Bogle liked to say in bear markets: Don't just do something, sit there!

Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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