Good news: The Standard & Poor's 500-stock index is up 12.6% (including dividends) for the year, one of the best first quarters in a long, long time. Many stock analysts are projecting a banner year for stocks, as investors pile into the market to counter today's low interest rates and fears that bond prices may be soon tumbling.
Bad news: Some of the biggest funds just aren't keeping up. The $59 billion large-cap American Funds Investment Co. of America Fund (AIVSX) was up 11% for the quarter. The story's similar for the $54 billion American Funds Washington Mutual (AWSHX), up just 7.7%, and the $37 billion Vanguard Windsor II fund (VWNFX), up 12.4%. See original post here.
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