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Fund Spy: Morningstar Medalist Edition

December Analyst Ratings Upgrades, Downgrades, and More

Morningstar rated 641 share classes and vehicles and 156 unique strategies in the last month of 2019.

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Morningstar issued Analyst Ratings for 641 fund share classes, separately managed accounts/collective investment trusts, and exchange-traded funds in December 2019. Of these, 311 maintained their ratings, 194 were downgrades, 76 were upgrades, 31 were new to coverage, and 29 were placed under review because of material changes, such as manager departures.

Not counting every share class and vehicle, Morningstar's analysts rated 156 unique strategies in December. Of these, six were truly new to coverage, with new share classes of previously rated strategies accounting for the rest of the new ratings. Here are some highlights of the upgrades, downgrades, and new coverage.

Dan Culloton 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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