The Vice Fund (VICEX)
DJORDJE KOROVLKEVIC—ISTOCKPHOTO
As its name suggests, this fund invests in sin stocks, and its list of top holdings is littered with companies that conscientious investors love to hate, including big names in tobacco, gambling, and alcohol. While the fund, which launched in 2002, has struggled recently, its annualized returns over the past five years rank it in the top third in Morningstar’s large blend category. “I think this has been a pretty good decade for sin stocks,” says Russel Kinnel, Morningstar’s director of mutual fund research.
