Some members of the Morningstar 500 carry concentrated positions.
Bronze-rated Parnassus Fund’s record of excellent stock-picking and a strong environmental, social, and governance focus outweigh succession questions.
Funds for the cautious investor.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
Beating the index isn’t as easy as it used to be, but this screen can turn up large-blend funds that are up to the task.
Evaluating key changes at Fidelity, Third Avenue, and Legg Mason.
We saw a higher level of trading by our top managers in the most recent period.
Our top managers could look beyond pharmaceuticals for additional yield.