Our Five Nominees for Morningstar Domestic-Stock Manager of the Year
Will Bruce Berkowitz repeat, or will we have a new winner?
It's that time of year again--time to choose our Morningstar Fund Managers of the Year. Each year we recognize a standout mutual fund manager of the year for domestic stocks, international stocks, and fixed income.
We're not simply looking for who had the highest returns in the calendar year. We're seeking to acknowledge managers who have produced great long-term results for investors and who have been great stewards of investors' capital, as well as those who have had an exceptional calendar year. "Manager of the Year" makes a catchier name than "Great Steward Who Produced Strong Long-Term Results and Excellent Single-Year Returns and Showed the Courage of His or Her Convictions to Stick with His or Her Approach Through Thick-and-Thin Award."
Over the years, many illustrious names in the fund world have won, including Bill Gross, Peter Lynch, Marty Whitman, the Primecap team, and Hakan Castegren. Last year's winners were Bruce Berkowitz of Fairholme (FAIRX), the team from American Funds EuroPacific Growth (AEPGX), and the team from Loomis Sayles Bond (LSBRX). To see the complete list of past winners, click here.
Russel Kinnel has a position in the following securities mentioned above: LSBRX. Find out about Morningstar’s editorial policies.