Those have been termed "Weapons of Financial Mass Destruction." Vanguard doesn't even allow trading in many of them.
Porgie, your numbers are quite interesting.
"A good rule of thumb is that the more "actively managed" any fund is, the worse it's long term return is likely to be."
My investing remains a tiny bit short of PERFECT. I still own two actively managed funds from long ago because I'm not eager to pay 30 years of capital gain taxes. But those two absolutely have lagged my index funds: One active fund by a lot, the other fund just barely.
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Because the Good Life is Just a Pump or Two Away