A Fund That's Actually Up

Wasatch Strategic Income has eked out a gain while most funds have taken a hit this year.

If funds were men and you were a single woman, Wasatch Strategic Income might be the guy your grandmother nags you to date. "Such a nice family," she'd say of the Wasatch funds, reputed for their fine long-term records picking small-company stocks.

Strategic Income doesn't have a long-term record -- it's barely two years old. But the fund (symbol WASIX) is having a bang-up 2008.

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Stacy Rapacon
Online Editor, Kiplinger.com

Rapacon joined Kiplinger in October 2007 as a reporter with Kiplinger's Personal Finance magazine and became an online editor for Kiplinger.com in June 2010. She previously served as editor of the "Starting Out" column, focusing on personal finance advice for people in their twenties and thirties.

Before joining Kiplinger, Rapacon worked as a senior research associate at b2b publishing house Judy Diamond Associates. She holds a B.A. degree in English from the George Washington University.