Legg Mason's Miller Is Close to Beating S&P 500 for 15th Year

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Dec 30, 2005
Bill Miller, manager of the Legg Mason Value Trust, is about to beat the Standard & Poor's 500 Index for a record 15th consecutive year, winning by the thinnest margin since 1994.


The $19.5 billion mutual fund returned 6.3 percent this year through Dec. 28, 0.6 percentage point more than the 5.7 percent advance of the S&P 500. Miller, who works at Legg Mason Inc. in Baltimore, eked out a smaller gain 11 years ago by 0.1 percentage point.

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