As part of its monthly Investing in Funds report, The Wall Street Journal tapped Morningstar to look at how the 10 largest fund complexes measure up from the market peak in October 2007 through January 15, 2009 and Pimco topped the list, with its funds beating 82 percent of their peers industrywide. Vanguard placed second and American Funds came in third.

Morningstar weighed the performance of a fund family's individual funds against each fund's respective Morningstar category. For each family, Morningstar weighted the results by fund assets.

The Investing in Funds section also contained an article on the new managed payout funds from Vanguard and Fidelity. The section also includes articles on foreign-stock funds, small-stock funds that have done relatively well, and the growing interest in bond ETFs. 

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