You may not be able to invest in some of the most attractive ­mutual funds. According to Morningstar Inc., about 7% of all stock ­mutual funds won’t accept money from new investors and 1% are closed to investors. What to do: Look for funds with similar investment styles and portfolios that are likely to produce comparable returns…

Closed: Vanguard Dividend Growth (VDIGX) has outperformed the S&P 500 index by one percentage point a year over the past 15 years, on average, with 20% less volatility. 

Alternative: Vanguard Dividend Appreciation (VIG), a passively managed exchange-traded fund (ETF) rather than a mutual fund, has six of the same stocks among its top 10 holdings as VDIGX and also invests in companies that have increased their dividends for many years. 

Closed: Janus Henderson Enterprise (JAENX) hunts for mid-cap growth stocks whose prices are temporarily depressed. It posted a 12% annualized performance over the past 15 years, ranking it in the top 6% of its category. 

Alternative: T. Rowe Price Diversified Mid-Cap Growth (PRDMX) takes a similar approach. It outperformed the S&P 500 by more than one percentage point a year over 15 years, on average. You can invest directly at T. Rowe Price. 

Closed: T. Rowe Price International Discovery (PRIDX), a small- and mid-cap foreign growth fund, outperformed its benchmark index by more than five percentage points over the past 10 years, on average.

Alternative: Grandeur Peak International Stalwarts (GISOX), which also invests in small- and mid-cap foreign stocks, launched in 2015 with a management team that had previously produced outstanding results investing in small foreign companies for Wasatch funds.