Fun facts on fund launches, returns, manager ownership, and more.
Now that I have your attention, here's another installment in our periodic lists of thought-provoking fund statistics. (Thanks to Morningstar's fund analysts, who provided many of the ideas here.)
The number of diversified domestic-equity funds with more than a fourth of their assets in overseas stocks. That's not a huge number relative to the domestic-equity universe, but the fact that the group includes widely held names like American Funds Fundamental Investors
3.77% and 3.62%
The yields on Vanguard Intermediate-Term Tax-Exempt
4, 5, and 27
The total number of real estate exchange-traded funds in existence at the end of 2005, 2006, and 2007, respectively (and 2007 isn't over yet!). Many of these "me too" funds were launched at the worst possible time, as Russ Kinnel wrote in a recent Fund Spy. The typical real estate fund has dropped more than 12% so far in 2007.
The return gap, in basis points, between the best- and worst-performing long-short funds for the year to date through early December. Caldwell & Orkin Market Opportunity
The amount of cash American Funds Growth Fund of America
That's the percentage point year-to-date return difference between Clipper Fund
The number of Putnam funds (out of 42 that we cover) that earn full credit for manager ownership under Morningstar's Stewardship Grade system. That means that the managers of just two of those 42 funds have at least $500,000 invested in the fund he or she oversees (the threshold is $100,000 for managers who run noncore funds, such as sector and regional funds).