In the aftermath of last year's stock market crash, buy-and-hold investingbecame a controversial strategy. But one year later, mutual funds pursuing a long-term, low-turnover approach to investing seem to be holding up surprisingly well.

I ran a quick screen for domestic stock mutual funds from familiar fund companies, each with turnover rates of 25% or less. Among the more promising results, I found:

Fund

Turnover

10-Year Average Annual Return

Top Holdings

Mairs & Power Growth (MPGFX)

2%

6.5%

Johnson & Johnson (NYSE: JNJ), US Bancorp (NYSE: USB)

Wasatch-1st Source Income Equity  (FMIEX)

5%

7.6%

Hewlett-Packard (NYSE: HPQ), Abbott Labs (NYSE: ABT)

Amana Trust Income (AMANX)

6%

6.0%

Colgate-Palmolive (NYSE: CL), ExxonMobil (NYSE: XOM) Continued...