Past performance may be no guarantee of future results, but as any good detective knows, there’s no such thing as a coincidence. In the same way, there’s something to be said for a mutual fund with a good track record, especially over the past decade. The past 10 years included two bull markets, two bear markets, high inflation and a record rise in interest rates — oh, and a global pandemic, too.
For that reason, we set out to find the top-performing actively managed funds over the past 10 years in each of the nine stock fund style categories defined by Morningstar. The financial data firm divides funds into those focused on growth, value or a blend of the two, invested in large-, small- or midsize-company stocks.
