Morningstar’s August Winners & Losers

Close to 50 mutual funds get new analyst ratings from the research firm, while 95 have their ratings affirmed

Each month, Morningstar reports new ratings. Each month, Morningstar reports new ratings.

Morningstar says it has raised its ratings on eight funds, downgraded ratings for seven funds and affirmed ratings for 95 funds and two target-date series in August.

The Chicago-based research group also gave new ratings to 48 funds. 

It also affirmed ratings on 95 funds, as well as two target-date series.

The Morningstar Analyst Ratings represent analysts’ views that a fund can outperform its peers on a risk-adjusted basis over the long term. The five-tiered, qualitative scale has three positive levels — Gold, Silver and Bronze — as well as neutral and negative ratings.

As of Aug. 31, 138 U.S. funds have a Gold rating, 334 have a Silver rating, and 546 funds have a Bronze rating.

A large number of funds, 603, are rated Neutral, with only 11 receiving a Negative rating.

Funds with a Medalist rating now represent about 6% of unique mutual funds available for sale in the United States, but 59% of assets under management, as tracked by the research group. Its analysts rate some $10.5 trillion of U.S. investor assets overall, or roughly 67% of total investor assets.

Read on for more details on Morningstar's August 2017 updates.

Upgrades

  • Artisan High Income (Bronze from Neutral)
  • Eaton Vance Multi-Sector Income (Neutral from Negative)
  • iShares S&P 500 Index (Bronze from Neutral)
  • John Hancock Funds International Growth (Bronze from Neutral)
  • Lazard Global Listed Infrastructure (Silver from Bronze)
  • PIMCO Mortgage Opportunities (Silver from Bronze)
  • T. Rowe Price International Stock (Bronze from Neutral)
  • Thornburg Limited Term Income (Bronze from Neutral)

 

Downgrades

  • Driehaus Active Income (Neutral from Bronze)
  • Fidelity Small Cap Stock (Neutral from Bronze)
  • Neuberger Berman Mid-Cap Growth (Neutral from Bronze)
  • Browne Value (Bronze from Silver)
  • Tweedy, Browne Global Value (Bronze from Silver)
  • Tweedy, Browne Worldwide High Dividend Yield Value (Bronze from Silver)
  • Vanguard Windsor II (Neutral from Bronze)

 

Funds with new Morningstar ratings, include these Silver-rated funds:

  • Fidelity Advisor Health Care
  • Fidelity Select Health Care
  • John Hancock Funds Disciplined Value Mid Cap
  • SPDR Bloomberg Barclays Intermediate Term Corporate Bond ETF
  • Vanguard Intermediate-Term Bond Index
  • Vanguard Intermediate-Term Corporate Bond Index
  • Vanguard Long-Term Bond Index
  • Vanguard Short-Term Bond Index
  • Vanguard Total Bond Market II Index
  • Voya Intermediate Bond

 

Funds with affirmed Morningstar ratings, include these Gold-rated funds:

  • American Funds American Mutual
  • American Funds New Economy
  • DFA US Large Company
  • Fidelity 500 Index
  • Fidelity Four-in-One Index
  • Fidelity Total Market Index
  • iShares Core S&P 500 ETF
  • iShares Core S&P Total US Stock Market ETF
  • Primecap Odyssey Aggressive Growth
  • Primecap Odyssey Growth
  • Primecap Odyssey Stock
  • Schwab Total Stock Market Index
  • Schwab US Broad Market ETF
  • Schwab US Large-Cap ETF
  • Schwab S&P 500 Index
  • Vanguard Capital Opportunity
  • Vanguard Large-Cap ETF
  • Vanguard Primecap Core
  • Vanguard Primecap
  • Vanguard Tax-Managed Balanced
  • Vanguard Tax-Managed Small Cap 

--- Check out 7 Top Online Brokerages: Kiplinger on ThinkAdvisor.

Page 1 of 3
Single page view Reprints Discuss this story
We welcome your thoughts. Please allow time for your contribution to be approved and posted. Thank you.

Related

Morningstar’s June Winners & Losers

More than 80 funds get new ratings, while one target date series is placed under review by the research firm.

Most Recent Videos

Video Library ››