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Analyst Picks Ariel, Gabelli Funds Move to Small-Value

These former small-blend picks are switching categories.

Two new funds have been added to the small-value category's Fund Analyst Picks in keeping with Morningstar's improved style-box methodology.

Ariel Fund (ARGFX) and Gabelli Small Cap Growth (GABSX), which previously were small-blend picks, have moved to the small-value group--where they remain as picks. At the same time, longtime small-value pick Third Avenue Value (TAVFX) has been removed from the list, as it has switched to the small-blend category. (Though we still like a lot about this fund, its strategy overlaps with that of other picks in its new category.)

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