Morningstar rated 149 strategies overall in July. Five of those strategies are new to coverage, including three SMAs.
Amid the updates, manager research analysts affirmed the Morningstar Analyst Ratings of 132 strategies, upgraded seven strategies, and downgraded four. Analysts also placed one fund under review. A select group of ratings are showcased below followed by the full list of ratings for the month.
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Linda Abu Mushrefova, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.