For Bond Fund Investors, Credit Risk Suddenly Matters
The banking crisis has pushed the quality of funds’ bond holdings into the spotlight.
morningstar.com
Markets
Market Indexes
Name
|
Value
|
Change
|
Change (%)
| |
|---|---|---|---|---|
| US Market | Closed | 9,917.52 |
53.77
|
0.55%
|
| US Mid Cap | Closed | 12,938.70 |
59.60
|
0.46%
|
| US Small Cap | Closed | 11,342.25 |
10.69
|
0.09%
|
| US Sustainability | Closed | 2,730.05 |
17.26
|
0.64%
|
| Women's Empowerment | Closed | 1,515.56 |
8.10
|
0.54%
|
| Societal Development | 1,241.64 |
0.86
|
0.07%
|
Name
|
Value
|
Change
|
Change (%)
| |
|---|---|---|---|---|
| US Cyclical | Closed | 11,701.87 |
37.83
|
0.32%
|
| US Sensitive | Closed | 17,352.50 |
127.85
|
0.74%
|
| US Defensive | Closed | 14,333.18 |
59.97
|
0.42%
|
Name
|
Value
|
Change
|
Change (%)
| |
|---|---|---|---|---|
| US Market | Closed | 9,917.52 |
53.77
|
0.55%
|
| US Large Cap | Closed | 8,848.85 |
53.40
|
0.61%
|
| US Mid Cap | Closed | 12,938.70 |
59.60
|
0.46%
|
| US Small Cap | Closed | 11,342.25 |
10.69
|
0.09%
|
| DJIA | Closed | 32,859.03 |
141.43
|
0.43%
|
| S&P 500 | Closed | 4,050.83 |
23.02
|
0.57%
|
| Nasdaq | Closed | 12,013.47 |
87.23
|
0.73%
|
Name
|
Value
|
Change
|
Change (%)
| |
|---|---|---|---|---|
| Nikkei 225 | 28,094.04 |
311.11
|
1.12%
| |
| Hang Seng | Closed | 20,480.13 |
171.00
|
0.84%
|
| Shanghai Comp | Closed | 3,268.31 |
7.06
|
0.22%
|
| FTSE 100 | Closed | 7,620.43 |
56.16
|
0.74%
|
| DAX | Closed | 15,522.40 |
193.62
|
1.26%
|
Name
|
Value
|
Change
|
Change (%)
| |
|---|---|---|---|---|
| Gold | 1,982.60 |
2.30
|
0.12%
| |
| Silver | Closed | 23.93 |
0.51
|
2.18%
|
| Platinum | 984.20 |
1.00
|
−0.10%
| |
| Light Crude | 74.36 |
0.01
|
−0.01%
| |
| Natural Gas | 2.11 |
0.00
|
0.05%
|
U.S. Barometer Closed
Gainers, Losers, Actives
Equity Name
|
Price Change
|
Percent Change
|
|---|---|---|
| Tesla |
1.40
|
0.72%
|
| Intel Corp |
0.57
|
1.81%
|
| Bank of America Corp |
0.37
|
−1.29%
|
| NIO |
0.63
|
6.41%
|
| Oak Street Health |
1.69
|
4.57%
|
| Advanced Micro Devices |
1.79
|
1.86%
|
| Alibaba Group Holding Limited |
3.46
|
3.46%
|
| Ford Motor Company |
0.24
|
1.99%
|
| Amazon.com |
1.75
|
1.75%
|
| Apple |
1.59
|
0.99%
|
News
- EMEA Morning Briefing: Slight Gains Seen for Stocks as Inflation Data in Focus | Dow Jones
- EMEA Morning Briefing: Slight Gains Seen for -2- | Dow Jones
- Indian Morning Briefing: Asian Markets Rise; China Manufacturing PMI Beat Forecasts | Dow Jones
- Correction to BOC Hong Kong Shares Article | Dow Jones
- BOC Hong Kong Shares Drop After Weaker-Than-Expected Net Profit | Dow Jones
- JD.com Shares Rise in Hong Kong After Plans to Spin off Two Units | Dow Jones
- ADRs End Higher, ABB and Akari Therapeutics Trade Actively | Dow Jones
- BOVESPA Index Ends 1.89% Higher at 103713.45 — Data Talk | Dow Jones
- S&P MERVAL Index Ends 1.02% Higher at 251639.07 — Data Talk | Dow Jones
- S&P/TSX Composite Index Ends 0.52% Higher at 19940.99 — Data Talk | Dow Jones
Features
For Many Bank Stocks, the Recent Selloff Seems Excessive
We’re lowering fair value estimates on eight regional bank stocks.
Comcast Stock Is a Buy
This undervalued stock offers an attractive yield and stable dividend, too.
4 Stocks to Buy For Q2 2023
Undervalued stocks to play current market dislocations.
3 Pillars of Financial Wellness
Vanguard’s Maria Bruno discusses laying the groundwork for financial success.
Retirement Planning
The Best (and Easiest) Investment for an IRA
Target-date funds are an easy remedy for IRA procrastinators. Here’s why.
How the 10-Year RMD Rules Work for Inherited IRAs
Rules work differently for each class of beneficiary.
Could Defined-Benefit Pension Plans Make a Comeback?
There are early signs of support for reviving the plans in the private sector.
Personal Finance
Could Direct Indexing Lower Your Taxes?
8 factors to determine whether direct investing is right for you.
Why Investment Complexity Is Not Your Friend
When it comes to investing, keep it simple instead.
Market Updates
REITs Are Getting Caught Up in the Wave of Banking Fear
Investors are worried that dividend-paying REITs could get squeezed by tenants, lenders, or both.
The Return of the Bond Market
It’s been rough getting here, but the future looks brighter for bonds.
Pay Close Attention When Selecting an Emerging-Markets Bond Fund
Passive doesn’t mean straightforward in this market.
Don't Miss
Christine Benz
Real Luxury Goods Don’t Have Brand Names
John Rekenthaler
Jack Bogle Was Not Entirely Wrong About ETFs
Susan Dziubinski
Morningstar’s 2023 Tax Guide and IRA Resources
David Sekera
Investment Impact of Banking Crisis
Amy C. Arnott
Why Ultrashort Bond Funds Aren’t Cash Substitutes
Russel Kinnel
How to Choose Funds for Your IRA
Morningstar Stock Analyst Reports
See what Morningstar experts are saying about these key stocks. Limited time only.
Exchange
|
Name
|
Rating
|
|---|---|---|
| MRNA | Moderna Inc | |
| PFE | Pfizer Inc | |
| DIS | The Walt Disney Co | |
| WMT | Walmart Inc |
Comcast Stock Is a Buy
This undervalued stock offers an attractive yield and stable dividend, too.
4 Energy Stocks With Fast-Growing Dividends
A record year of profits means companies such as Devon Energy and EOG Resources are paying buckets of cash to investors.
Has Vanguard’s Target-Date Fund Series Lost Its Edge?
Two Morningstar analysts discuss the outlook for the largest target-date fund series.
Our Ultimate Stock-Pickers’ Top 10 Dividend-Yielding Stocks
A majority of the top 10 dividend-yielding names are undervalued.
Top 10 Buys and Sells From Our Ultimate Stock-Pickers
Funds see value in a diverse range of sectors.
3 Pillars of Financial Wellness
Vanguard’s Maria Bruno discusses laying the groundwork for financial success, including paying off debt and setting aside emergency reserves.
100 Must-Know Statistics About Long-Term Care: 2023 Edition
A compendium of data about long-term-care usage and costs, the state of insurance, and the toll on caregivers.
Why Investment Complexity Is Not Your Friend
When it comes to investing, keep it simple instead.
Real Luxury Goods Don’t Have Brand Names
Peace of mind and simplicity have become much more important than outward shows of success.
Morningstar's Guide to Life-Stage Investing
Maps to follow no matter where you are in your investing life.
The Best Companies to Own: 2023 Edition
These companies stand out from the competition and can be good choices for long-term investing.
Best International Companies to Own: 2023 Edition
These companies from various corners of the globe are well positioned for the future.
Best Innovative Companies to Own: 2023 Edition
These companies are expected to benefit from disruptive technologies.
Best Financial-Services Companies to Own: 2023 Edition
What drives these firms’ competitive advantages varies by industry.
Best Sustainable Companies to Own: 2023 Edition
We believe these companies’ strong ESG management practices give them a long-term advantage.
The Best Target-Date Funds for 2023 and Beyond
Five series earn the coveted Morningstar Analyst Rating of Gold.
The Best Value Funds
These mutual funds and ETFs invest in value stocks and earn top ratings from Morningstar in 2023.
Active Funds Continue to Fall Short of Their Passive Peers
Investors should focus on long-term signals and costs when picking their spots, based on the latest Active/Passive Barometer.
The Best Index Funds
These mutual funds and ETFs earn Morningstar’s top rating in 2023.
The Best Dividend Funds
These mutual funds and ETFs invest in dividend stocks and earn high ratings from Morningstar in 2023.
Practice Made Perfect: How Advisors Can Solve the Capacity Problem
Here’s how to grow your practice without sacrificing excellent service to clients.
Who Does and Doesn’t Get to Skip RMDs Under the New 10-Year Rule
A look at how Notice 2022-53 has affected the tax code.
Why Advisors Should Bother With Tax Alpha
A simple way to boost investment performance without adding risk.
10 Questions With RBC Portfolio Manager Philippe Langham
Where he sees opportunities and risks today.
Creating an Environment Where Clients Feel Safe
Advisor Zaneilia Harris offers her own experiences to gain clients’ trust.
The Best (and Easiest) Investment for an IRA
Target-date funds are an easy remedy for IRA procrastinators. Here’s why.
Could Defined-Benefit Pension Plans Make a Comeback?
There are early signs of support for reviving the plans in the private sector.
How Higher Retirement Savings Limits Can Help You Catch Up
Even if you’re off to a late start, there’s still hope for your 401(k).
The Bucket Investor’s Guide to Setting Retirement Asset Allocation
Use anticipated spending needs and probabilities of a positive return over your time horizon to back into the right mix of cash, bonds, and stocks.
Can I Take a Loan From My 401(k)?
Before you take a loan from your retirement savings plan, consider an emergency fund.
Women Make Progress on Corporate Boards, but C-Suite Gains Are Scant
Stocks perform better in the long term when their companies’ boards and management include more women.
5 ESG Risks and 5 Bargains in Auto Stocks
These companies face many ESG risks but offer attractive upsides.
In the ESG Backlash, What Makes Sense and What Doesn’t?
Deconstructing 5 criticisms of ESG.
8 Stocks for Impact-Minded ESG Investors
Yes, valuation and values can overlap; we see solid long-term opportunities in Glaxo, STMicro, and BorgWarner.
Why You Should Care About Net Zero and Other Climate Jargon
Make no mistake, companies meeting net-zero targets will be critical to shareholder return.