For investors who prefer to load up on dividends via mutual funds, rather than build their own portfolios, there two basic options to consider: actively managed funds or index funds.

It’s important to drill down a little to understand these approaches. “No two equity income strategies are created equal,” says Ben Johnson, director of global ETF research at Morningstar, adding that it’s important to understand the strategies the active managers use or the indexes on which a passive fund is based.

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Source: https://www.barrons.com/articles/picking-an-active-or-passive-fund-51637776052