These Funds Hit for Power
We've developed a slugging percentage for U.S. equity funds.
In the summer, some Morningstar Manager Research analysts have been known to slip off to the ballpark to take a break from evaluating fund managers’ performance. Those warm afternoons tracking hits, runs, outs, and errors on scorecards as the Chicago White Sox rack up one of the best records in baseball and the Cubs revert to mediocrity got us wondering if a handy baseball statistic had any application for investors.
Megan Pacholok does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.