These actively managed Medalist funds show that the path to long-term outperformance is often paved with brief periods of underperformance.
Medalist funds with low People scores but high marks for Process.
Should investors be showing these funds more love?
Three upgrades, five downgrades, and three new ratings.
Five candidates who did more than ride the market's currents.
A look at a few unusual performance and sales patterns among our Morningstar Medalists.
It should be no surprise that Bronze-rated BlackRock Equity Dividend has lagged amid the market's rally.
Assets have grown in the past five years in many small-cap funds, but these are still taking new investors.
These funds hadn't paid out a capital gain to investors in at least 10 years but expect to this year.
These managers could be among those considered for the 2014 award.
RiverPark/Wedgewood's highly concentrated portfolio may sometimes be out of step with the market, but overall the fund has provided investors with a good risk/reward proposition.
Three funds that have seen big shifts in sector allocations in the past three years.
Not everyone is Bill Gross, but these managers would cause a stir if they left, too.
Eight funds with Morningstar Analyst Ratings that have beaten their category averages for at least 10 straight years.
Principal's LifeTime funds make up most of the Morningstar Analyst Ratings changes in August.
These funds continued to get inflows after the managers responsible for their records departed.
Ownership data can show which of these medalists their managers like best.
Strong fundamentals--including low fees, an experienced management team, and a proven bottom-up approach--are still intact at American Funds New Perspective.
A look at some Morningstar Medalists with remarkable longevity and results.
The answer, so far, is yes; cultural constants preserve the firm's uncompromising ethos.
Assessing growth as a component of value is a guiding principle that can lead to opportunities in different areas of the market, says Davis Selected Advisers manager Chris Davis.
A review of last month's ratings changes.
There is more competition among dividend-growth funds, making it harder to truly stand out.
FPA has two other managers on the fund and as such has no plans to replace Geist at this time.
A look at Morningstar Analyst Rating activity from April.
Key management moves have ultimately proved positive for these large-growth funds.
A review of last month's ratings changes.
Funds that aren't chasing yield for yield's sake.
Seeing few opportunities that meet their risk-reward criteria, the team at FPA Crescent--winner of Morningstar's 2013 Allocation Fund Manager of the Year award--is sticking to its discipline and letting cash build, says manager Steve Romick.
BlackRock disputes the allegations and is defending the manager.
Here's why they're still worthy of a little affection.
A survey of this season's capital gains distribution estimates.
A harder look at long-term track records led to some recent Morningstar Analyst Rating adjustments.
Continuing to regularly buy these funds while others were selling would have improved your results during the past five years.
A closer look at a dozen resurgent U.S.-stock funds.
A look at the latest Morningstar Analyst Rating upgrades and downgrades.
Valuations are not compelling for the market as a whole, but selectively there are some real bargains, says manager John Osterweis. He makes the case for three portfolio holdings, including REIT Newcastle.
The market is valuing stocks on a more normalized level of interest rates, not the actual current level, so a rise in rates shouldn't really hurt equities, argues manager John Osterweis.
Tweedy, Browne manager John Spears touches on his team's process in finding yield opportunities, and also his appreciation for Wells Fargo.
Rising rates have sunk dividend-focused funds since May, exposing some rate sensitivity among them.
This widely held fund should be able to handle an impending manager retirement.
Long-term investors shouldn't sell out of solid dividend-payers just because of temporary price dislocations, says the ClearBridge Equity Income Fund manager.
ClearBridge Equity Income Fund Manager Hersh Cohen on technology dividend-payers and new additions to his fund's portfolio.
Why some funds' Analyst Ratings change when their managers do and others don't.
BlackRock has yet to realize its full potential for fundholders.
The S&P 500's long march to new highs has helped many core stock funds finally post gains since the index's last peak in October 2007, but not these.
This fund's comeback from the financial crisis has been balky, but it still has promise.
How one fund turned its Morningstar Analyst Rating from Gold to Neutral and other recent ratings changes.
Here's a look at how Apple's fourth-quarter retreat has affected some widely held, actively managed stock funds.
We look at three recent Morningstar Analyst Rating upgrades and three downgrades.