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Fund Spy: Morningstar Medalist Edition

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Today we are launching a new article series titled Fund Spy: Morningstar Medalist Edition. This collection will run each Monday and focus on our Morningstar Analyst Ratings. Morningstar Medalists are the positively rated funds that have received a Gold, Silver, or Bronze Morningstar Analyst Rating, and they represent the funds our analysts consider likely to outperform their peer groups and/or relevant benchmarks on a risk-adjusted basis over a full market cycle of at least five years. All Morningstar Medalists are funds that Morningstar's analysts believe have sustainable advantages versus their peers.

In this series, we'll highlight individual Morningstar Medalists and provide updates on recent ratings, including new ratings and ratings changes. We'll also shine a light on the ratings process itself, as well as findings from our growing body of Morningstar Analyst Ratings (approximately 1,100 ratings and counting).

Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.