Strategy changes, poor stewardship, and asset bloat are among the many possible red flags that shareholders of actively managed funds should recognize to know whether to sell or stay invested.
After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.
A sizable chunk of those assets went into bond funds, reflecting an ongoing search for yield.
After U.S. mutual funds registered outflows in May, $13.5 billion came back in June.
Investors pour $6.3 billion into stock mutual funds in April--the largest inflow since May 2009.
ETFs have driven the popularity of passive funds during the last decade.
The debate over whether firms should use cash surpluses on dividends or share repurchases pits long-term investors against short-term investors.
The firm takes meaningful steps to remake itself after painful divorce from a star manager.
Although bonds witnessed the most inflows of any asset class last year, investors must be wary of the possible risks on the horizon.
Lawsuit evidence shows some portfolio counselors voiced concerns in a 2004 internal survey, but the funds' strong performance is hard to fault.