When Medalists Disappoint
Russ Kinnel walks through four funds that have recently disappointed but that we still think are great long-term picks.
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Mentioned: BNY Mellon Appreciation Investor (DGAGX)
, Vanguard Short-Term Tx-Ex (VWSTX)
, Royce Special Equity Invmt (RYSEX)
, Artisan International Small-Mid Investor (ARTJX)
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Morningstar analysts expect that their medalist funds will outperform over long periods of time, but they sometimes look underwhelming on a short-term basis. Joining me to discuss some funds that recently have disappointed on the performance front, but that we still think are great long-term picks, is Russ Kinnel. He is director of manager research for Morningstar.
Russ, thank you so much for being here.
Russel Kinnel has a position in the following securities mentioned above: RYSEX. Find out about Morningstar’s editorial policies.