Thursday, July 24, 2014
Fund Investing with Russ Kinnel
Investors concerned about putting money to work in a fully valued equity market might find comfort in these conservatively managed portfolios, says Morningstar's
Russ Kinnel.
The Error-Proof Portfolio
In their efforts to avoid certain risk factors, investors may be inadvertently exacerbating others, says Morningstar's Christine Benz.
Earnings Insights
The social-networking firm's second-quarter ad revenue soared, particularly in the mobile business, but despite Facebook's upward potential, shares are slightly overvalued at current prices, says Morningstar's
Rick Summer.
Morningstar Minute: ETF Favorites
With its size-meets-value approach, this large-cap fund could be a suitable core holding.
    Morningstar Minute
    Wide Moat Spotlight
    This company regularly considers an additional fifth special dividend per year, which can turn into a nice payout for shareholders.
      Earnings Insights
      Stock Analyst Notes
      Management's cost-cutting, restructuring, and strategic moves should help Microsoft regain lost ground in the mobile devices and the cloud, says Morningstar’s
      Norm Young.
      Morningstar Specialists
      Sam Lee: Rational Investing
      And when to make big bets.
        Christine Benz: Real-life Finance
        Longevity annuities might be a newly available option for your IRA, but retirees should weigh the pros and cons before buying these vehicles.
          Rekenthaler Report
          Insights from Bernstein's new book, Rational Expectations.
            Bob Johnson: Reading Indicators
            Increasing employment and income data suggest that retail sales could accelerate even more from here, says Morningstar's Bob Johnson.
              Russ Kinnel: Fund Investing
              Keep an eye on these Medalist funds that have hefty weightings in energy and materials, says Morningstar's Russ Kinnel.
                Josh Peters: Dividend Investing
                Companies are buying back shares at near-record levels, but Morningstar's Josh Peters says firms can serve shareholders much better with dividends rather than stock repurchases.
                  Matt Coffina: Wide-Moat Investing
                  With the uptick in merger and acquisition activity, whether it be for tax-inversion or strategic reasons, investors should focus on the target company, which can benefit from the deal immediately, says Morningstar's Matt Coffina.
                    ETFs
                    ETF Investing
                    Fickle foreign portfolio flows add another dimension of volatility.
                      Real Life Finance
                      The Short Answer
                      We clear up terms such as margin of safety, risk-free rate of return, and sensitive stocks.
                        Stocks
                        Special Report
                        In this final excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins examine how companies can build competitive advantages around network effect and scale efficiency.
                        Mutual Funds
                        Fund Spy
                        A shift is under way in the makeup of the taxable-bond universe.
                          Perspectives
                          Perspectives: GMO
                          GMO's Jeremy Grantham looks back at investing mistakes made over his 47-year career, expresses his concerns about a highflying market as well as a dearth of food and fertilizer, and revisits the Keystone.
                            Bonds
                            Video Report
                            The risk of bank-loan defaults is muted at the same time investor demand for such products remains elevated, but this volatile asset class is not for near-term cash needs, says Fidelity's Eric Mollenhauer.
                              Closed-End Funds
                              CEF Weekly
                              Regional equities struggled but MLPs surged ahead in the first half of 2014.
                                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
                                Market Consensus
                                308K
                                Actual
                                284K
                                Market Consensus
                                2533K
                                Actual
                                2500K
                                Market Consensus
                                475K
                                Actual
                                406K
                                Market Consensus
                                NA
                                Actual
                                90 bcf
                                Market Consensus
                                0.3%
                                Actual
                                Market Consensus
                                0.7%
                                Actual
                                Market Indexes
                                DJIA
                                17,084
                                -2.8
                                0.0%
                                S&P 500
                                1,988
                                1.0
                                0.0%
                                NASDAQ
                                4,472
                                -1.6
                                0.0%
                                Morningstar U.S. Market
                                5,013
                                2.5
                                0.0%
                                Morningstar Small Cap
                                7,543
                                2.1
                                0.0%
                                Commodity Futures
                                Gold
                                $1,297.50
                                -0.54%
                                Jul 14
                                Light Crude
                                $101.98
                                -1.11%
                                Sep 14
                                Natural Gas
                                $3.84
                                -0.16%
                                Aug 14
                                Maturity
                                %Yield
                                6 Month
                                0.05
                                2 Year
                                0.50
                                5 Year
                                1.67
                                10 Year
                                2.48
                                30 Year
                                3.26
                                1 Yr Ago
                                Last Close
                                Data as of last close