Adept management and low costs have made this Gold-rated fund a standout.
Gold-rated Oakmark Fund stands apart in a Morningstar Category cluttered with bland strategies.
These funds were downgraded following manager changes.
At Silver-rated T. Rowe Price Equity Income, yield, valuation, quality of management, and company fundamentals all matter.
Mutual funds' most widely held private company will soon go public.
As Lyft's IPO approaches, some mutual fund investors already own it.
Inconsistent execution at concentrated Oakmark Select has led to a Morningstar Analyst Rating downgrade to Silver from Gold.
Many funds post losses amid trade concerns and currency weakness.
Most funds have limited exposure to private companies, but some outliers highlight the challenge of such investments in an open-end format.
Manager John Linehan's performance has been strong since taking the reins from Brian Rogers at the now Silver-rated T. Rowe Price Equity Income.
A Fidelity veteran is paired with an outsider from the firm's institutional business.
Seven upgrades, two downgrades, and three new ratings are the highlights of January's Morningstar Analyst Rating activity.
Funds newly rated at Negative should be avoided.
Managed by Morningstar's 2017 Domestic-Stock Fund Manager of the Year, Silver-rated Fidelity Growth Company has crushed its actively-managed competitors.
The firm's Positive Parent rating remains intact.
Solid succession planning and a strong analyst bench work in its favor.
These funds remain poised for success.
Growth funds and technology dominated, while value and energy struggled.
John Linehan, manager of the Bronze-rated T. Rowe Price Equity Income, has generated fine results since taking over for the retiring Brian Rogers in late 2015.
The departure of a long-tenured manager is a big loss for the fund; we lowered our rating to Bronze from Gold.
No industry standard exists, which can lead to different valuations across fund companies.
A recent Morningstar study shows most funds tread lightly in private-firm investments.
Plus, funds from Fidelity and Vanguard are upgraded, and two Weitz funds are downgraded.