Due to poor timing decisions, the typical investor in Fidelity Leveraged Company Stock has only captured half of the return of this potentially volatile fund.
Most equity categories have recorded year-to-date inflows amid tempered investor interest in bonds, and several active fund shops are benefiting.
Fund investors should think beyond volatility measures alone when sizing up the risk in their portfolios, says Morningstar's Shannon Zimmerman.
Below-average returns don't shake Morningstar analysts' confidence in some funds, while recent outperformance doesn't grant higher ratings to others.
High-beta funds as well as funds with a small-company bent have been on a tear in 2013, which means right now could be a good time to adjust your allocations elsewhere.
Although these conservatively positioned equity, balanced, and bond funds have lagged recently, they should serve investors well in more-volatile markets.
Readers reveal what they keep in their third buckets, including conservatively run funds, dividend-paying stocks, and real estate.
Average debt/capital ratios are returning to precrisis levels.
A good year for leverage has been a great year for this fund.
Disastrously impatient shareholders have earned less than one fourth of this fund's stellar 10-year gain.