Tuesday, September 02, 2014
Fund Spy: Morningstar Medalist Edition
Six funds we've known about for a while but that investors have missed.
Video Report
Retirees should think twice before adding foreign-currency-denominated bonds, dedicated emerging-markets funds, and alternatives to their portfolios, says Morningstar's Christine Benz.
The Short Answer
Standard deviation and downside capture ratio provide similar but not identical insights into fund performance.
Heard on the Boards
We'd like to hear your out-of-the-box tips for controlling college expenses.
    Morningstar Minute
    Sector Update
    Housing prices compared to average household income in Canada are currently at historical highs and among the highest in the world.
      Morningstar Specialists
      Bob Johnson: Reading Indicators
      Hopefully, their boost in savings will start to burn a hole in the economy's pocket.
        Rekenthaler Report
        Patience, emerging-markets stocks, and municipal bonds.
          Matt Coffina: Wide-Moat Investing
          This health-care REIT, MLP, and oil-services firm stand out as relative bargains in today's richly valued market, says Morningstar's Matt Coffina.
            Christine Benz: Real-life Finance
            For a small category, the world-bond group features a confusing array of choices.
              Sam Lee: Rational Investing
              It's all about low costs, a sensible strategy, and sound ethics.
                Russ Kinnel: Fund Investing
                Morningstar's director of manager research bought shares of a Silver-rated and a Gold-rated foreign-stock fund.
                  Josh Peters: Dividend Investing
                  Kinder’s reorganization brings upside potential, but even after the change, its payout coverage is too thin for conservative income investors, says Morningstar DividendInvestor editor Josh Peters.
                    Mutual Funds
                    Video Report
                    Why a total stock market index can make more sense than a basket of more specialized products.
                      Stocks
                      Stock Strategist
                      But a strong quarter doesn't change our fair value estimate for this data-analytics software firm.
                        Real Life Finance
                        Improving Your Finances
                        While hybrid life/long-term care policies offer flexibility, today's purchasers could be fighting the last war.
                          ETFs
                          ETF Spotlight
                          This ETF offers the greatest exposure to homebuilding companies, which have significantly trailed the broader market since the start of 2013 but which recently have posted some good news.
                            Closed-End Funds
                            CEF Weekly
                            A closer look at MLP and covered call closed-end funds.
                            Bonds
                            Commentary
                            Our study shows that diversified portfolios perform just fine.
                              Perspectives
                              Perspectives: Knowledge@Wharton
                              Argentina's default issues will probably be resolved without major disruptions, but some major risks remain.
                                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
                                57.0
                                Actual
                                59.0
                                Market Consensus
                                1.0%
                                Actual
                                1.8%
                                Market Consensus
                                Actual
                                Market Consensus
                                NA
                                Actual
                                Market Consensus
                                NA
                                Actual
                                Market Consensus
                                NA
                                Actual
                                Market Indexes
                                DJIA
                                17,030
                                -68.6
                                -0.4%
                                S&P 500
                                1,996
                                -7.0
                                -0.3%
                                NASDAQ
                                4,580
                                -0.2
                                0.0%
                                Morningstar U.S. Market
                                5,047
                                -14.7
                                -0.3%
                                Morningstar Small Cap
                                7,663
                                -2.9
                                0.0%
                                Commodity Futures
                                Gold
                                $1,263.60
                                -1.73%
                                Sep 14
                                Light Crude
                                $93.36
                                -2.71%
                                Oct 14
                                Natural Gas
                                $3.90
                                -4.08%
                                Oct 14
                                Maturity
                                %Yield
                                6 Month
                                0.05
                                2 Year
                                0.48
                                5 Year
                                1.63
                                10 Year
                                2.35
                                30 Year
                                3.09
                                1 Yr Ago
                                Last Close
                                Data as of last close