Silver-rated Oakmark Select is bouncing back as expected.
New world-stock categories break out funds by style to provide better comparisons.
Our ratings remain unchanged.
Recent Morningstar Style Box enhancements cause some fund migration.
Larry Puglia will step away after leading the fund for 28 years, but its future is still bright in the hands of successor Paul Greene.
Few have big stakes in three telecom firms targeted for delisting, but more widely owned stocks are in U.S. government crosshairs.
A newly created entity will bring opportunities and trade-offs.
The deal combines two companies with Average Parent ratings.
Succession plans are on the horizon at T. Rowe Price Blue Chip Growth.
A new comanager has joined out-of-the-box thinkers Bill Nygren and Kevin Grant at this attractive fund.
These funds are bloody, but unbowed.
There are plenty of reasons to stay the course with this struggling fund.
Longtime successful managers Bill Nygren and David Herro anchor this firm's stellar lineup of funds.
Stellar stock-picking sets up these funds for success.
Adept management and low costs have made this Gold-rated fund a standout.
Gold-rated Oakmark Fund stands apart in a Morningstar Category cluttered with bland strategies.
These funds were downgraded following manager changes.
At Silver-rated T. Rowe Price Equity Income, yield, valuation, quality of management, and company fundamentals all matter.
Wellington Management's Jean Hynes discusses key innovations in the sector today.
Mutual funds' most widely held private company will soon go public.
As Lyft's IPO approaches, some mutual fund investors already own it.
Any gains for funds last year were erased due to worries about a trade war with China and rising interest rates.
Despite a tricky market, T. Rowe Price's funds turned in quite a good year.
These Gold-rated funds' year-to-date returns land near the bottom of their respective categories.
Inconsistent execution at concentrated Oakmark Select has led to a Morningstar Analyst Rating downgrade to Silver from Gold.
In a growth-fueled market, investing in mid-value funds is a contrarian play.
At midyear the firm continues to perform well despite the rush to passive. Plus, leaders, laggards, and fund upgrades.
Many funds post losses amid trade concerns and currency weakness.
The firm's changes to asset allocation for some funds seem to be a strategic shift. Plus, turnover, ratings changes, and performance at the midyear mark.
Oakmark International's David Herro says global information flow is faster, for better and for worse.
Silver-rated Morgan Stanley Institutional Advantage's focus on established companies has provided a relatively smooth ride.
Most funds have limited exposure to private companies, but some outliers highlight the challenge of such investments in an open-end format.
Manager John Linehan's performance has been strong since taking the reins from Brian Rogers at the now Silver-rated T. Rowe Price Equity Income.
A Fidelity veteran is paired with an outsider from the firm's institutional business.
Seven upgrades, two downgrades, and three new ratings are the highlights of January's Morningstar Analyst Rating activity.
Funds newly rated at Negative should be avoided.
Managed by Morningstar's 2017 Domestic-Stock Fund Manager of the Year, Silver-rated Fidelity Growth Company has crushed its actively-managed competitors.
Morningstar's 2017 Domestic-Stock Fund Manager of the Year winner Steve Wymer explains why Fidelity Growth Company's top holding still may have room to run.
Stock market fundamentals are healthy, but recent strong returns are unlikely to continue, says Fidelity Growth Company manager Steve Wymer, 2017 Domestic-Stock Fund Manager of the Year.
Large-growth funds were up almost 28% last year, with technology names giving a boost to many.
Katie Reichart reviews what went right, and wrong, at the asset manager in 2017.
Morningstar's Katie Reichart looks back at what worked last year for Fidelity.
The firm's Positive Parent rating remains intact.
Solid succession planning and a strong analyst bench work in its favor.
Bronze-rated Fidelity International Discovery's distinctive, high-quality portfolio has helped it stand out versus its benchmark and peers.
These funds remain poised for success.
Funds like Dodge & Cox Stock, Vanguard Equity-Income, and LSV Value Equity can help when high-flying large-growth stocks inevitably pull back.
Manager Jean Park's disciplined, risk-conscious strategy is worth watching.
Morningstar's Katie Reichart gives a midyear review of the firm as it confronts investors shifting to passive.
While owning mostly dividend payers, a valuation screen limits Bronze-rated T. Rowe Price Equity Income's yield.