The top five holdings of this five-star-rated fund (by Morningstar) are Eli Lilly and Company (LLY, 3.85% of assets); Amgen Inc. (AMGN, 2.92%); Carnival Corporation (CCL, 2.81%); Roche Hldg AG (RHHVF, 2.80%) and Charles Schwab Corporation (SCHW, 2.35%).
PRIMECAP Odyssey Stock (POSKX)
from Dow Theory Forecasts
We’re always looking for standout funds to improve the portfolios. Importantly, we have a disciplined process that leverages the advantages of our fund-rating system and individual fund analysis.
With that in mind, we’re adding PRIMECAP Odyssey Stock (POSKX) to both portfolios with 10% weightings. The fund, with an impressive score of 99 in our rating system, ranks among the top 3% of large-cap blend funds for 10-year returns. It has gained 3.3% so far in 2015, versus 2.0% for the S&P 500.
The fund, which on March 31 held 118 stocks, is tilted toward technology (27% of assets) and health care (23%). About 12% of the portfolio is invested in foreign stocks and 10% is in cash.
The annual expense ratio is only 0.62%, below the category average of 0.82%.
Richard J. Moroney, CFA, Dow Theory Forecasts, www.dowtheory.com, 800-233-5922, June 15, 2015