This proprietary Morningstar data point indicates whether a fund is designated as a favorite (Fund Analyst Pick) or a least-favorite (Fund Analyst Pan) chosen by Morningstar's in-house staff of analysts. Only a handful of funds in each investment category are designated Analyst Picks, and this is an excellent way to quickly look for quality funds. Conversely, looking at Analyst Pans is a good way to avoid funds that may be poor or inappropriate investment options.
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