9 Value Funds Whose Performance Has Flip-Flopped
These reversals highlight the spectrum of value strategies.
As laggard value stocks have come back into favor over the past two quarters, it has given a boost to a number of struggling mutual funds with deep-value strategies. Meanwhile, funds that land in the value Morningstar Categories but tend to hold stocks with stronger earnings-growth profiles have seen their fortunes turn for the worse.
We drilled down into Morningstar's large-value category to look for funds that have had significant swings higher or lower in their category rankings. To do so, we compared funds' one-year return rankings as of Sept. 30, 2020, with their rankings six months later.
Katherine Lynch does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.