How Do Bond Funds Stack Up With Morningstar's New Analyst Rating?
A few examples that help illustrate our rating process in action.
Morningstar launched Analyst Ratings last week for approximately 350 U.S. mutual funds. This new feature complements the strictly quantitative, backward-looking Morningstar Rating (otherwise known as the "star rating") with analyst evaluations designed to ferret out which funds have sustainable advantages that position them well for the future. (You can learn more about them here.)
In the interest of helping to introduce readers to the new rating system, we've decided to highlight some of the ratings in different market sectors. We're kicking off the series with three fixed-income offerings.
Eric Jacobson has a position in the following securities mentioned above: PTTRX. Find out about Morningstar’s editorial policies.