Yes, some funds are clobbering the Standard and Poor's 500 stock index this year. We'll get to those in a second. And it won't take much longer than a second, because as a group, large-cap funds are stinking up the place, at least compared to the index.
We looked at 718 large-company stock funds, counting only distinct share classes, not the entire alphabet soup of A,B, C and other classes. And we kicked out index funds, so we're just measuring management skill. The results: Just 191, or 27%, are beating the S&P 500's gain of 5.65% through July 30. (We've included reinvested dividends). The top five large-company stock funds