With fears over interest rates and inflation diminished, investors in the third quarter were able to appreciate strong corporate earnings, and as a result, large-cap mutual funds delivered healthy results, MarketWatch reports.

“Large caps look as cheap as they have in decades,” commented John Linehan, portfolio manager of the T. Rowe Price Value Fund, which is mostly concentrated in large-cap stocks.

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.