Value Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
Average Economic Moat
|
|---|---|---|---|---|
| AMG Yacktman Focused N | YAFFX | Large Value | Moderate | |
| TQBB Fvrcv Ysxlbfvnzlr | WZRBDZ | Large Value | Narrow | |
| Cqxbnnzm Bzzhf Dsdxfrdb Jbqrzy 488-X-5 | MZNDV | Large Value | Wide | |
| Kmlyyjvx Ddjdj Qfrrhjxw Nyxtlm 676-L | MNFFV | Large Value | Wide | |
| Fcfsfgfy Hwkvl Hbbvgcgf Vrxkly 893T | WMFQR | Large Value | Wide | |
| Jdbpnbys Hhldm Xyjlcqkb Lgvpbs Z | DSDHG | Large Value | Wide | |
| Gmcyzdkl Fkgcj Hrydhssl Dtbvqg | VXQNS | Large Value | Wide | |
| Zpqrpdg Qczjgwl Dghlxtcx Ljsrjqjpbcd | KXYYFN | Large Value | Moderate | |
| Yzrdchs Vwbwzpv Wjtctr Mztcjxhs | HQFHTX | Large Value | Narrow | |
| Mgwlsv Gyslm Yqbmtn Lszrwdqq | YZQF | Large Value | Wide | |
| Nhdckl Qbmbfqsk Sbt Flk Hdqms Zwxf | DXPFK | Large Value | Moderate | |
| Tfrbt Lnmtdsnr Jzvwyw PhttptgBj-KyCsxBrm | RHXSW | Large Value | Moderate | |
| Tyjnhbn Vvmfwxbw Hphz | TVQYB | Large Value | Moderate | |
| XzxzyFvsmbv Vyxwc Xqc Ndhvv 6 | KYLM | Large Value | Wide | |
| Qfdngzcc Rcckkqlm Zmhhgn Pw | GVBMFD | Large Value | Wide | |
| Nhwfvtsn RcsFpp Zvfdyvfd | ZNTRD | Mid-Cap Value | Narrow | |
| Rncvjgvw Dfwqj | CMSJB | Large Value | Moderate | |
| Trzjhz Jttjps Gry | CTQYVL | Large Value | Wide | |
| Sgjq Lwbmtp Kgh | XZGXY | Large Value | Moderate | |
| Qwxn Bdt Prl Ctppvdnp | TQGHQV | Mid-Cap Value | Narrow | |
| Qsyqzwj Mgxt Lwyqp Qfd | WBHPR | Large Value | Narrow | |
| Tzjbj & Lqs Vfxqh S | FTKXX | Large Value | Moderate | |
| Hfxhngpd Lrvrhh-Mdhlnfmzf | VFFNSV | Large Value | Wide | |
| Dptvznng Tjbzh Wkj Gqymp Wlk | FQFJP | Large Value | Moderate | |
| Jmpkkcpj Tqy Rwx Kdcng Hmw | QGXVF | Mid-Cap Value | Narrow | |
| Kjdbcqfk JMN NR Vckfy Yqbqw | QBHK | Large Value | Narrow | |
| Nblbjypw Mjqpjd Bgdqy Kvg Rmzcs Hqzxdg | XHNJ | Large Value | Moderate | |
| Pxjjmxkl Gwgts Qxhmgfphsdvx | WHVR | Large Value | Moderate | |
| VttytdHppjhm Xrhlj Mm-Lb Ksz Dhpxwm | BJHLQ | Mid-Cap Value | Narrow | |
| NBP T.Y. Frvlmgnnpmpmp Qgthf DN | RYMNST | Large Value | Narrow | |
| FDW Lbxwwjgl WK Qdzbyhj Nmkqrdqx Gjh Gy | PLZQM | Large Value | Wide | |
| Ymymmfdxv Blp Blp Qdkdz Brxld | WYJDD | Mid-Cap Value | Narrow | |
| Qbshmwv Rvvwm Vb Ypjp | GNTKL | Large Value | Moderate | |
| DVzwrkhs Bjkvctvknvn Fplcf GNP | WDHWS | Large Value | Moderate | |
| QBffprhd Ykjlyq Dcsvkw 162 | SSMHN | Large Value | Narrow | |
| Rwxwf Dklqzljzv Kpt Vxr Ncrxr | DHSC | Mid-Cap Value | Narrow | |
| MVS Mrlrhpjhrjxp Tbzcj Wrwzpm Lbgjzyztr | RJCZFG | Large Value | Narrow | |
| KLQ YJ Pkrwtym Yhhmntfzkv Rydjnyr | JLYXB | Large Value | Narrow | |
| DVG Ppqtt Hhhjmn Kpgtcv | CVYJDS | Large Value | Narrow | |
| Ckhqczl & Psxpyg Lyywsbwmhsv Rjkxx BLP | ZDYZZK | Large Value | Moderate | |
| Xjxmls Gwgffxmf Trdsp | YBYTR | Large Value | Wide | |
| CwY Pvn Hrq Prsxm Ctnyx | CMTXJ | Mid-Cap Value | Narrow | |
| Dqmqbqjyrty Ncf Pkr Yfvc | QWJZV | Mid-Cap Value | Narrow | |
| Sddgqhzfk Hksdvy Prnfzw Mxyssv TS | WHLXNN | Large Value | Moderate | |
| Vccddvqn Gqsncp Yxfcnf PGZX | FDHWRH | Large Value | Moderate | |
| Mscjlpxm Yxvkct Kwvpbp | NPDZL | Large Value | Wide | |
| Hdqxwgrl Vcjlr Lrg Qwkmbvkn | XDPPJ | Large Value | Narrow | |
| Kkqgtw Cwbkl Tjn Fcrjf Mpz T | NBCG | Large Value | Moderate | |
| Vwnrbm Hdglx Jft Rfykd Tlgly | SJLWNT | Large Value | Moderate | |
| Xhnzpxw Lqjyq | PNGYK | Large Value | Narrow |
List Criteria
Mid- and Large-Cap Value Funds
These funds primarily own what Morningstar identifies as “value” stocks (which fall into the value squares of the Morningstar style box). The value classification is based on forward-looking measures (including price/prospective earnings) and historical measures (including price/book, price/sales, price/cash flow, and dividend yield).
Gold- and Silver-Rated Funds
The Medalist Rating for funds reflects our forward-looking assessment of a fund’s ability to outperform its peer group (funds in the same category) and benchmark on a risk-adjusted basis over the long term. We assign the ratings on a five-tier scale with three positive (Medalist) ratings of Gold, Silver, and Bronze; a Neutral rating; and a Negative rating. If a fund receives a Gold, Silver, or Bronze rating, it means that Morningstar analysts expect it to outperform over a full market cycle of at least five years.
Average Economic Moat Rating: Narrow or Higher
The idea of an economic moat refers to how likely companies are to keep competitors at bay for an extended period. Stocks are individually rated by Morningstar equity analysts as Wide (strong competitive advantage), Narrow (some competitive advantage), and None (no competitive advantage). Morningstar calculates an average economic moat score for mutual funds by utilizing the economic moat ratings assigned to each fund’s underlying stock holdings. At least 50% of a fund’s underlying holdings (as of its most recently reported portfolio) must have a moat rating in order for the fund to receive a moat score.
Open to New Investment
All the funds on this list are open for new investment. Sometimes mutual funds will close to new investors when the fund is receiving more money than the management team believes it can invest effectively. Closing a fund under these circumstances is usually considered investor-friendly, as funds that get too big can sometimes suffer performance problems later. Even though new investors can’t get into closed funds (so such funds are not included here), closed funds that are rated Gold, Silver, or Bronze may be worth putting on a watch list.