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Article: BB&T Equity Income Fund marks five-year anniversary with pair of industry accolades.
- Article from:
- Investment Weekly News
- Article date:
- September 12, 2009
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More than five years after its inception on June 30, 2004, the BB&T Equity Income Fund has racked up a return of 5.39 percent. During that same time period, the S&P 500's total return was -2.24 percent.
The fund ranks in the top 1 percent of its large-cap value peer group for three-year and five-year periods based on total return, according to Morningstar. The Equity Income Fund returned -20.56 percent for the one-year period and -1.84 percent for the three-year period.
Past performance does not guarantee future results. The performance data above represents past performance and current returns may be lower or higher. The investment return and principal ...