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Fund Spy: Morningstar Medalist Edition

5 Upgrades, 8 Downgrades, and 71 New Analyst Ratings for Funds

A full recap of December's Fund Analyst Rating activity.

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In December, Morningstar manager research analysts affirmed the Morningstar Analyst Ratings of 50 funds, upgraded the ratings of five funds, downgraded the ratings of eight funds, and assigned new ratings to 70 funds and one target-date series. Below are some of the highlights, followed by the full list of ratings changes.

 T. Rowe Price Blue Chip Growth (TRBCX) was raised to Gold from Silver thanks to longtime manager Larry Puglia’s consistently executed approach. Puglia has led the fund since its 1993 inception and seeks companies with above-average durable growth prospects, strong free cash flow, and sensible management teams.

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

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