The location of a company's headquarters doesn't tell the whole story.
Morningstar analysts explain what makes the award winners stand out.
This Gold-rated fund's overweights in the energy and financials sectors have come roaring back this year.
Its doors have reopened and a manager is leaving, but the key leader remains in charge.
Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
European multinationals are still some of the cheapest companies in the global universe today, says the Oakmark International manager.
The fund's plain-vanilla focus on company fundamentals allows it to uncover value in any kind of stock and has contributed to its long-term outperformance, says Morningstar's Shannon Zimmerman.
With Bill Nygren and David Herro at the helm, Silver-rated Oakmark Global Select has bested more than 90% of its peers on both a total return and risk-adjusted basis.
Topnotch Medalist funds with concentrated portfolios and low turnover.