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Cited by 595

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

Survivor Bias and Mutual Fund Performance

Elton, Edwin J., Gruber, Martin J., Blake, Christopher R.·1996·Review of Financial Studies
DOI 10.1093/rfs/9.4.1097
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Abstract

Mutual fund attrition can create problems for a researcher because funds that disappear tend to do so due to poor performance. In this article we estimate the size of the bias by tracking all funds that existed at the end of 1976. When a fund merges we calculate the return, taking into account the merger terms. This allows a precise estimate of survivorship bias. In addition, we examine characteristics of both mutual funds that merge and their partner funds. Estimates of survivorship bias over different horizons and using different models to evaluate performance are provided.

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Metadata

Authors
Elton, E. J., Gruber, M. J., & Blake, C. R.
Venue
Review of Financial Studies
Publisher
Oxford University Press (OUP)
Published
1996-10
Volume
9
Issue
4
Pages
1097-1120
ISSN
  • 0893-9454 (ISSN-L)
  • 1465-7368
DOI
10.1093/rfs/9.4.1097
OpenAlex
W3123166123
Cited by
595
References
3
FWCI
13.97
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Survivor Bias and Mutual Fund Performance. https://app.cochat.ai/papers/10.1093/rfs/9.4.1097
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Elton, E. J., Gruber, M. J., & Blake, C. R. (1996). Survivor Bias and Mutual Fund Performance. Review of Financial Studies. https://doi.org/10.1093/rfs/9.4.1097

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.