3 Funds That Covet Wide-Moat Stocks
These funds are good choices for investors seeking high-quality stocks.
Susan Dziubinski: Hi, I’m Susan Dziubinski for Morningstar.com. At Morningstar, we're fans of companies that have wide economic moats. Such high-quality firms have competitive advantages that allow them to effectively fight off competitors. Several funds pursue strategies targeting high-quality stocks. Here are three good funds holding substantial positions in wide-moat names.
Tony Thomas: The managers of Mairs & Power Growth aren't your typical go-go growth investors. Their favorite companies offer steady, sustainable growth over time. That often means managers Mark Henneman and Andy Adams are investing in established companies protect by wide moats.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.