A fund on a roll

Chances are you've never heard of the Yacktman Fund. But it beat the S&P 500 by 11 percentage points last year. This year, it's up a whopping 56 percent vs. 25 percent for the S&P 500.

Fortune notes that this is merely a continuation of a long winning streak. The fund's 10-year return of 12 percent puts it in the top 1 percent of all diversified equity funds. Among large-cap value funds, it's in the top 1 percent for the past one, three, five, and 10 years.

So are Don and Stephen Yacktman the next Bill Miller? Well, they haven't garnered nearly as much media attention. But perhaps it ought to have. Many a value manager has really stumbled during the financial crisis. Miller is a great example. We'll see if it can maintain its edge during a recovery. No small feat.

For more:
- here's the Fortune article

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