Mutual Funds
Stay on top of mutual fund news, including in-depth articles and analysis on stock, bond and balanced funds, as well as target date funds and more.
Morningstar Issues New Research on Target-Date Fund Performance
By Janet LevauxMorningstar has issued a series of target-date ratings and reports with data through the second quarter of 2010 for 20 of the largest target-date series in the industry.
August 10, 2010
Fed Leaves Rates Unchanged; Historic Lows Expected for 'Extended Period'The Federal Reserve's policymakers kept interest rates at historic lows on August 10 as the nation's economy continues to struggle against deflation threats, lackluster growth, and the possibility of a double-dip recession.
August 09, 2010
Construction Unemployment Rate Hits 17.3%There were 11,000 jobs lost in the construction industry between June and July 2010, raising that key industry's unemployment rate to 17.3%, compared to an overall jobless rate of 9.5%, the Labor Dept. reported.
August 09, 2010
Morningstar Study Says High Fees Are Bad for Investment PerformanceA Morningstar study of the impact of mutual fund fees shows that lower-expense funds outperform higher-expense funds--and expenses are a better predictor of future returns than Morningstar's own star rating.
August 09, 2010
High Fees Are Bad for Investment PerformanceMorningstar has just released a study of the impact of mutual fund expenses on fund performance.
August 06, 2010
Consumer Credit Fell 0.7% in JuneThe Federal Reserve reported Friday, August 6, that total consumer credit outstanding fell 0.7% in June to $2,418.5 billion from $2419.8 billion in May, a decrease of $1.3 billion.
August 06, 2010
U.S. Jobs Held Flat in July; 9.5% Unemployment Rate UnchangedThe number of jobs fell by 131,000 in July, leaving the U.S. unemployment rate flat at 9.5% compared to June and the number of unemployed persons unchanged, the Labor Department reported Friday, Aug. 6.
August 06, 2010
Allianz SE Loses Profits, as PIMCO Helps Unit Double EarningsThe European insurer's North American life insurance unit says premiums were "ahead of expectations."