Two Thirds of All Mutual Funds Recover 2007 Highs

“While the Dow Jones industrial average is still about 1% below its October 2007, two-thirds of all stock mutual funds — 2,576 — have posted new highs since then, according to Lipper, which tracks the funds.

One reason: The Dow doesn’t include reinvested dividends. If you include dividends, the Dow is up 14.8% from its 2007 peak. By contrast, the average diversified U.S. stock fund is up 10% since then….”

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