Are you wearing the dunce cap this year?

MarketWatch columnist Chuck Jaffe awarded his dreaded annual Lump of Coal awards for 2013. The prestigious nods to industry asininity are now in their 18th year.

This year's honorees include Wells Fargo, Royce Funds (two separate nods here for the management and the investors), Morningstar, New Path, Tealeaf, New Path, Equinox, Deutsche, and YieldShares.

For the specific reasons as to why these fundsters got on Santa's naught let, go to Jaffe's column. 

Edited by: Tommy Fernandez


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