1.   Another is to consider the typical level of portfolio turnover before buying a fund.

2.   But portfolio turnover has been immense lately, Robertson told his investors.

3.   Fidelity said it watches employee accounts to monitor the number of trades, the average length of time securities are held, and overall portfolio turnover.

4.   High portfolio turnover usually translates into higher capital gains, according to Morningstar.

5.   Many of the funds have loads and higher-than-average portfolio turnovers and expense ratios.

6.   Morningstar Mutual Funds notes that low portfolio turnover has made the fund tax-efficient.

7.   Of primary concern to investors are the costs and tax consequences of trading, or portfolio turnover, by fund managers.

8.   Portfolio turnover is expected to be low because of the makeup of the fund, keeping transaction costs low, too.

9.   Several studies have recently addressed the subject, and numbers on such matters as portfolio turnover and tax-adjusted returns are popping up all over.

10.   The increase in the number of stocks held by the average fund also means higher portfolio turnover and that in turn results in higher trading costs, he said.