Morningstar’s August Winners & Losers

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.