2 High-Profile Funds Receive Negative Ratings
Ivy High Income's recent manager turnover and Templeton Developing Markets' long-deteriorating performance have led to downgrades, says Morningstar's Russ Kinnel.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Morningstar has placed Negative ratings on two fairly high-profile funds. Joining me to discuss those calls is Russ Kinnel. He is director of manager research for Morningstar.
Russ, thank you so much for being here.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.