Wednesday, April 16, 2014
RATIONAL INVESTING
Using the latest factor research to identify the drivers of Vanguard Dividend Appreciation's outperformance.
FUND SPY
The same investment strategy, but a more-restrained business plan.
MORNINGSTAR MINUTE
A past Morningstar Manager of the Year oversees this portfolio, which has fewer holdings than some of its peers but asymmetric sector weightings.
    HEARD ON THE BOARDS
    What tips would you give others who are making financial gifts?
      Morningstar Minute
      EARNINGS UPDATE
      Nestle’s shares are fully valued today, but its focus on innovation and new products bodes well for the firm’s long-term competitive position, says Morningstar’s Erin Lash.
      Morningstar Specialists
      BOB JOHNSON: READING INDICATORS
      Chinese imports and exports are lagging, indicating a slower growth economy.
        REKENTHALER REPORT
        What Michael Lewis didn't write.
          CHRISTINE BENZ: REAL-LIFE FINANCE
          Whether you're hunting for bargains or seeking simple solutions when investing your 2013 IRA contribution, Morningstar's Christine Benz has some ideas for you.
            SAM LEE: RATIONAL INVESTING
            Despite the criticisms, high-frequency traders make the market more efficient, allowing for the viability of vehicles such as ETFs, says Morningstar's Sam Lee.
              JOSH PETERS: DIVIDEND INVESTING
              It's a mistake to assume MLPs will continuously increase their distributions, says DividendInvestor editor Josh Peters, who discusses why he recently sold
              several names.
                MATT COFFINA: WIDE-MOAT INVESTING
                These firms are leaders in the insulin market and are positioned to bring next-generation blockbusters to market, says Morningstar's Matt Coffina and Karen Andersen.
                  Real Life Finance
                  PERSONAL FINANCE
                  Life expectancy, loss aversion, and fears of program insolvency are among the reasons people claim early.
                    Mutual Funds
                    FUND SPY: MORNINGSTAR MEDALIST EDITION
                    Viewed in the context of its competitors, you can see why PIMCO Total Return is still an elite fund.
                      ETFs
                      ETF SPOTLIGHT
                      Low-volatility funds offer lower risk but not necessarily better returns than the market.
                        Stocks
                        STOCK STRATEGIST
                        Apparel manufacturers are solidifying their brand identities and cost efficiencies to build moats.
                          Perspectives
                          Kellogg School of Management
                          The timing of a bankruptcy filing shapes the verdict and has consequences for all of us.
                            Bonds
                            VIDEO REPORT
                            Instead of outguessing short-term interest rate moves, fund shop Baird looks to add value on yield curve positioning, individual security selection, and sector allocation, and is currently finding opportunities in corporates.
                              Closed-End Funds
                              CEF WEEKLY
                              A sound, repeatable process executed by an experienced team drove us to upgrade our rating on this CEF.
                                Market Barometer
                                Lg
                                Md
                                Sm
                                Value—Growth
                                Day Return
                                +1.25%
                                0
                                -1.25%
                                1Wk Return
                                +1.25%
                                0
                                -1.25%
                                1Mo Return
                                +4%
                                0
                                -4%
                                3Mo Return
                                +8%
                                0
                                -8%
                                1Yr Return
                                +20%
                                0
                                -20%
                                3Yr Return
                                +20%
                                0
                                -20%
                                1Wk1Mo3Mo1Yr3Yr
                                Apr 15
                                Market Consensus
                                0.1%
                                Actual
                                0.2%
                                Apr 15
                                Market Consensus
                                0.1%
                                Actual
                                0.2%
                                Market Consensus
                                7.5
                                Actual
                                1.3
                                Market Consensus
                                NA
                                Actual
                                $85.7B
                                Market Consensus
                                50
                                Actual
                                47
                                Market Consensus
                                NA
                                Actual
                                Market Indexes
                                DJIA
                                16,263
                                89.3
                                0.6%
                                S&P 500
                                1,843
                                12.4
                                0.7%
                                NASDAQ
                                4,034
                                11.5
                                0.3%
                                Morningstar U.S. Market
                                4,660
                                30.4
                                0.7%
                                Morningstar Small Cap
                                7,215
                                35.4
                                0.5%
                                Commodity Futures
                                Gold
                                $1,301.60
                                0.12%
                                Apr 14
                                Light Crude
                                $103.91
                                0.15%
                                May 14
                                Natural Gas
                                $4.54
                                -0.61%
                                May 14
                                Maturity
                                %Yield
                                6 Month
                                0.05
                                2 Year
                                0.39
                                5 Year
                                1.63
                                10 Year
                                2.64
                                30 Year
                                3.46
                                1 Yr Ago
                                Last Close
                                Data as of last close