Many of the best mutual fund managers don’t want your money anymore. About 9% of stock funds currently don’t accept money from new investors, and about 3% don’t accept new money from any investors including existing ones, according to Morningstar, Inc. A fund typically stops accepting money because its assets have grown so large that the manager is having a difficult time finding enough appealing investments. But in many cases, you can find an attractive open fund that has a similar investment style…similar portfolio…similar historical ­returns…and perhaps even the same fund manager… 

Closed: Oakmark International (OAKIX) and Oakmark Global ­(OAKGX). Alternative: Oakmark Global Select (OAKWX), which also invests in deeply undervalued large-cap stocks of various countries but is more focused, with about 20 stocks, versus Oakmark International’s 60 stocks and Oakmark Global’s 40.

Closed: T. Rowe Price Capital Appreciation (PRWCX). Alternative: FPA Crescent (FPACX), also a ­moderate-allocation fund (using ­moderate amounts of bond investments and cash to temper stock volatility) that has returned an average of 7.7% annually over the past 10 years, outperforming 95% of the funds in the category, compared with an 8.9% return for the closed T. Rowe Price fund.

Closed: T. Rowe Price Health ­Sciences (PRHSX). Alternative: ­Janus Global Health Sciences (JAGLX), which also focuses on fast-growing large health-care companies with a heavy emphasis on biotechs, although it includes more foreign stocks.