Stock funds lose 8.7% in February

Stock funds lose 8.7% in February

By: MarketWatch

Posted on March 03, 2009 at 12:11 PM EST

Mutual-fund investors, still reeling from heavy double-digit losses in 2008, took a further beating in February, with average stock-fund returns down 8.7% in the month.

Related Stocks:

Blackrock, Inc. Calamos Asset Management, Inc. Eaton Vance Corp. Franklin Resources, Inc. Ivy Asset Strategy Fund Class A Waddell & Reed Advisors Asset Strategy Fund, Inc.Class A Waddell & Reed Financial, Inc.

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