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The Link Between Morningstar Ratings and Mutual Fund Flows

What happens to fund flows after a ratings change?

Fund flows often correlate with upgrades and downgrades to the Morningstar Rating for Funds, studies show. The rating, commonly called the star rating, looks back at fund performance relative to its peers.


In this report, we study the link between fund flows and our forward-looking analyst rating. Explore the relationship between fund ratings changes, net flows, and a fund’s history.

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Research Library The Link Between Morningstar Ratings and Mutual Fund...

What's Inside:

  • Understand how upgrades and downgrades correlate with mutual fund flows. 
  • Dig into how ratings changes affect passive fund flows.

  • Examine how funds going in and out of Gold, Silver, and Bronze Morningstar Analyst Ratings affected flow patterns.  

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