For a year that started with a 10.5% decline in the Standard and Poor’s 500 stock index, 2016 turned out pretty darn good for most investors, with the S&P 500 recording a 13.43% gain.
Morningstar’s database has 14 U.S. diversified, open-ended stock funds with $50 billion or more in assets — a total of $1.9 trillion, or about a third of that category’s assets. How would investors have done with the industry’s behemoths? Pretty well — with a few notable exceptions.
The funds are ranked by 2016 total return. Performance is as of Dec. 27, 2016. Expense ratios are from the semiannual report for the funds’ oldest share class, and all data is via Morningstar.