Eric Katz writes about federal agency operations and management. His deep coverage of Veterans Affairs, Homeland Security, the Environmental Protection Agency and U.S. Postal Service has earned him ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

. They track an index with the aim of replicating that index’s performance minus passive investing expenses. Active funds, meanwhile, are led by managers who choose particular securities to outperform ...