Three Dodge & Cox funds …

 

• Dodge & Cox Balanced Fund (DODBX)
• Dodge & Cox Global Stock Fund (DODWX)
• Dodge & Cox Income Fund (DODIX)

 

All on Honor Roll, which means they are top quintile in category the past 5, 3, and 1 year periods on an absolute return basis.

 

David designates funds between 1 and 2 years of age as “Rookie Funds.” Here are some top performers based on risk adjusted return in category, specifically Martin Ratio … max absolute return with min drawdown since inception through October:

 

• SPDR S&P 500 High Dividend EtF (SPYD)
• Intrepid Select Fund; Investor Class Shares (ICMTX)
• Fidelity SAI US Minimum Volatility Index Fund (FSUVX)
• T Rowe Price Global Unconstrained Bond Fund (RPIEX)
• Restaurant EtF (BITE) … Ha!
• Intrepid International Fund; Investor Class Shares (ICMIX)
• Grandeur Peak Global Micro Cap Fund; Institutional Class Shares (GPMCX)
• Eventide Multi-Asset Income Fund; Class I Shares (ETIMX)
• Grandeur Peak Global Stalwarts Fund; Institutional Class Shares (GGSYX)
• SPDR DoubleLine Total Return Tactical EtF (TOTL)
• AQR Equity Market Neutral Fund; Class R6 Shares (QMNRX)
• Grandeur Peak International Stalwarts Fund; Institutional Class Shares (GISYX)
• Artisan Developing World Fund; Institutional Shares (APHYX)
• JOHCM Emerging Markets Small Mid Cap Equity Fund; Institutional Class Shares (JOMMX)
• Vanguard Alternative Strategies Fund; Investor Class Shares (VASFX)
• Brown Capital Management International Small Company Fund; Inst Shares (BCSFX)

 

This month there are 12 funds that are both 20-year Great Owls (top quintile risk adjusted return for past 3, 5, 10 and 20 years) and Honor Roll funds (top quintile absolute return for past 1, 3, and 5 years).

 

The 20-year GO designation is a remarkable accomplishment in itself … long-term consistently high returns while mitigating drawdown. Add-in Honor Roll designation, which means these funds have continued to generate top returns presently.

 

Here are four:

 

• T Rowe Price Capital Appreciation Fund (PRWCX)
• Vanguard Wellesley Income Fund; Investor Shares (VWINX)
• Fidelity Select Retailing Portfolio (FSRPX)
• Vanguard/Wellington Fund Inc; Investor Shares (VWELX)

 

The remaining are munis:

 

• Vanguard Ohio Long-Term Tax-Exempt Fund; Investor Shares (VOHIX)
• Fidelity Michigan Municipal Income Fund (FMHTX)
• Fidelity Ohio Municipal Income Fund (FOHFX)
• Fidelity Arizona Municipal Income Fund (FSAZX)
• Vanguard Pennsylvania Long-Term Tax-Exempt Fund; Investor Shares (VPAIX)
• Fidelity Pennsylvania Municipal Income Fund (FPXTX)
• New York Long-Term Tax-Exempt Fund; Investor Shares (VNYTX)
• Nuveen Minnesota Intermediate Municipal Bond Fund; Class I Shares (FAMTX)