A cause for concern at Little Harbor is its inexperienced longest-tenured managers. In particular, the cohort has only three years of average asset-weighted tenure, negatively contributing to the rating. In terms of risk-adjusted performance, the Little Harbor open-end and exchange-traded funds fall short of competitors, with an average overall Morningstar Rating of 2.0 stars. Turnover among Little Harbor portfolio management ranks has been low compared to other firms in the past five years. This stability on the personnel front boosts confidence in its staying power.
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Wingstop and Southwest Airlines are among the most expensive stocks under Morningstar’s U.S. coverage.