Making Over Your Portfolio? Avoid These Lemons
These sour investment laggards may be worth tossing from your portfolio.
No matter where we are in the economic cycle, investors can still help their own portfolios. That's the spirit behind Morningstar's Portfolio Makeover Week, which features before and after portfolios of real-life investors as well as plenty of how-tos for improving your own portfolio.
Because building a successful portfolio is as much about avoiding investment duds as it is about identifying winning holdings, we turned to the Premium Fund and Stock Screener to filter for some investment disappointments that don't make the cut in any market.
To home in on lemon funds, we leveraged the work of our in-house fund analyst staff by screening for Analyst Pans--funds that they have deemed unsuitable investment options. Of those, we sought out distinct portfolios of funds that hold at least $250 million in assets. The screener yielded a total of 13 funds, two of which we highlight below. You can replicate this screen by clicking here.
Esther Pak does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.