Three essays on mutual fund performance

This dissertation adds to that body of knowledge by exploring areas that have not been examined. It consists of three articles, each exploring a different topic related to mutual funds. The first article looks at the performance and expenditure of Black owned and/or Black managed mutual funds within the United States. The second explores investor preference for skewness when selecting mutual funds. The third investigates how investor preference for skewness relates to incubated mutual funds; additionally, it explores the expenditure of incubated mutual funds.