The best mutual funds are vital to help investors meet their long-term goals. They provide diversification and can mitigate risk and volatility. They are accessible. And, with the right managers, they provide long-term growth that does more than just beat inflation. So, which fund companies and funds have the best track record?
Meet IBD's Funds of the Decade. This new special report mines the benchmark-beating records of the winning fund companies in IBD's 10th annual Best Mutual Funds Awards special report to spotlight 20 companies with 10 or more awards.
Each award-winning fund had to outperform its benchmark for the past one, three, five and 10 years. This demonstrates its ability to outperform in both the short term and long haul across bull and bear markets.
Topping the Funds of the Decade list is Fidelity Investments. This year, Fidelity notched 78 awards across nine different investment categories, ranging from U.S. diversified stock funds to U.S. taxable bond funds. That number of awards was two times greater than the closest fund family.
Read How Fidelity's Focus Drives A Decade Of Investor Success
Investors can currently choose from about 7,000 mutual funds. But only 25% of the funds with a 10-year track record (946 funds) can claim to have beaten their benchmarks for a decade. And taking an even closer look, this year's list shows 20 fund companies had 10 or more awards.
Joining Fidelity on our list of winning fund families are Eaton Vance, with 26 awards; and J.P. Morgan, T. Rowe Price, Victory and Federated Hermes, each with 23 awards. Fourteen more companies are highlighted in the table below.
2024 was a great year for the stock market. And investors in the best mutual funds handily beat the broader stock market. As we approach the year's mid-point, investors can appreciate knowing which funds and fund families have a record of helping protect retirement saving in more changeable markets.
IBD's Funds Of The Decade
Below is a list of the fund companies that won at least 10 awards in IBD's 10th annual Best Mutual Funds Awards special report. Each award-winning fund had to outperform its benchmark for the past one, three, five and 10 years ended Dec. 31, 2024. Note that this identifies the number of awards; funds may win awards in multiple categories. Scroll to the right to see full details on the winners.
Note: Use the scrollbar below the table to view all data.
| Fund Co. | Total 2025 Best Mutual Funds awards | U.S. Diversified | Growth | Blend | Large Cap | Midcap | Small Cap | Sector | International Stock | U.S. Taxable Bond | Muni Bond | International Bond | Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fidelity | 78 | 15 | 13 | 2 | 15 | 0 | 0 | 5 | 5 | 20 | 1 | 2 | 0 |
| Eaton Vance | 26 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 4 | 14 | 3 | 2 | 0 |
| JPMorgan | 23 | 3 | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 12 | 0 | 2 | 0 |
| T. Rowe Price | 23 | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 2 | 10 | 5 | 2 | 0 |
| Victory | 23 | 2 | 2 | 0 | 2 | 0 | 0 | 0 | 6 | 9 | 1 | 0 | 1 |
| Federated Hermes | 23 | 2 | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 15 | 0 | 2 | 0 |
| Goldman Sachs | 22 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 6 | 9 | 2 | 2 | 0 |
| Columbia | 22 | 2 | 2 | 0 | 2 | 0 | 0 | 1 | 3 | 11 | 0 | 1 | 0 |
| BlackRock | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 13 | 2 | 1 | 0 |
| Virtus | 19 | 2 | 2 | 0 | 2 | 0 | 0 | 0 | 0 | 11 | 0 | 2 | 0 |
| Invesco | 18 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 2 | 9 | 2 | 2 | 0 |
| Putnam | 18 | 2 | 1 | 1 | 2 | 0 | 0 | 1 | 1 | 7 | 3 | 0 | 0 |
| Voya | 17 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 2 | 9 | 0 | 1 | 2 |
| Loomis Sayles | 17 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 14 | 0 | 0 | 0 |
| Janus | 16 | 2 | 2 | 0 | 2 | 0 | 0 | 0 | 6 | 4 | 0 | 0 | 0 |
| BNY Mellon | 16 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 3 | 8 | 2 | 0 | 0 |
| MassMutual | 13 | 2 | 2 | 0 | 2 | 0 | 0 | 0 | 1 | 6 | 0 | 0 | 0 |
| Kinetics | 12 | 3 | 3 | 0 | 0 | 2* | 1* | 2 | 0 | 1 | 0 | 0 | 0 |
| Alger | 12 | 4 | 4 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| American Century | 11 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 7 | 0 | 1 | 0 |
Sources: IBD, Morningstar Direct
(*) There were only two winning funds in the midcap category; both were Kinetics funds. In the small-cap category, there was only one winning fund, also a Kinetics fund.
All data as of Dec. 31, 2024. The 2025 Funds Of The Decade logo and accolades are available for licensing through Investor's Business Daily's partner, The YGS Group. For more information and ordering, please visit www.IBDlicensing.com or call 800-290-5460.
