A mutual fund success story is hard to come by these days, especially a success involving an equity fund - a large-cap growth fund, no less.

But the Jensen Portfolio, managed by Jensen Investment Management of Portland, Ore., is one Lone Ranger that has defied the odds. Returning a negative 8.9% return year-to-date through Oct. 22, the fund is ahead of 97% of its peer funds, according to Morningstar of Chicago, and is in the top 1% of its peer group over the past one, three and five years.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.