*Walter Bloomberg(@DeItaone):BOFA: ACTIVE FUNDS STRUGGLE AS MEGACAPS DOMINATE Just 44% of large-cap active funds beat their benchmarks in September, as market leadership narrowed sharply toward megacaps, according to BofA. The cap-weighted S&P 500 outperformed its equal-weight counterpart by nearly 5 percentage points. Growth managers struggled most, with Meta and AMD accounting for 70% of the Russell 1000 Growth’s monthly gain.

2026.10.05 10:32

BOFA: ACTIVE FUNDS STRUGGLE AS MEGACAPS DOMINATE Just 44% of large-cap active funds beat their benchmarks in September, as market leadership narrowed sharply toward megacaps, according to BofA. The cap-weighted S&P 500 outperformed its equal-weight counterpart by nearly 5 percentage points. Growth managers struggled most, with Meta and AMD accounting for 70% of the Russell 1000 Growth’s monthly gain.