Even without Gross PIMCO remains a leading global fixed-income manager with broad, deep resources, but investors should be aware of several key risks.
PIMCO's post-Gross announcements bring some relief.
PIMCO to name replacement by end of day.
This young fund comes from a company that is an old Morningstar favorite.
These funds' lackluster recent performance doesn't tell the whole story.
Are they ripe for a setback?
Excessive focus on style or geographic allocation can be limiting.
It's five years after the crisis, and bond funds still badly need to improve how they tell shareholders what they own.
Even the strongest have to evolve.
No single sector in the S&P 500 has raced ahead of the others, but that's not necessarily comforting.
These funds continued to get inflows after the managers responsible for their records departed.
Alternatives have defied the trend of making low costs king.
This fund company is trying to right the ship.
Ample in variety and in new offerings.
Several concerns mute this firm's stewardship profile.
Mind the yield curve.
Despite (mildly) positive news, the category rankings tell a different story.
Separating skill from luck with manager attribution.
Even the best have found the past two years challenging.
Looking at 10 years of fund flows through the lens of volatility.
Tactical target-date funds are outperforming those that don't zig when the market zags.
High outflows, a low cash stake, and accumulated capital gains may create a perfect storm.
A shift is under way in the makeup of the taxable-bond universe.
Weak relative performance has spurred outflows.
Increased institutional use of mutual funds is among the surprises in this year's survey results.
The answer, so far, is yes; cultural constants preserve the firm's uncompromising ethos.
Highlights from Morningstar's 2014 Target-Date Series Research Paper.
Sins of omission are still sins.
Morningstar's annual industry study points to Fidelity as the new price leader, replacing Vanguard.
Don't expect funds that have fared well during the rally to hold up during a correction.
It's not a simple task, but that's no reason to stay away from these funds.
We look at how the veteran fund managers have excelled for so long and how they're preparing for the future.
Janus, DoubleLine, and Goldman Sachs are among the latest to try their hand at strategies that aim to defy rising interest rates.
Average debt/capital ratios are returning to precrisis levels.
Expenses continue to shrink, but mutual funds are still cheaper.
There is more competition among dividend-growth funds, making it harder to truly stand out.
Expenses and structural differences contribute to a performance gap; tax benefits often close the shortfall.
Morningstar's 2014 529 College-Savings Plans Industry Survey shows strong growth, even though returns and fees don't always keep up.
I increased my returns with this one weird trick.
Michael Hasenstab is no stranger to controversy.
In Part One of a three-part series, Morningstar's Russ Kinnel details how last year's market rally led to a decline in expense ratios, allowing for cheaper funds.
Funds with various goals fill this category.
When a firm's culture and investment strategy hinge on its founder, what happens when that founder is no longer around?
But smaller funds with star potential lurk from afar.
These funds emulate the Oracle of Omaha in many ways.
Sign of the times: Funds are struggling with huge asset bases.
These direct-sold and advisor-sold plans exhibit strong menus of investment options, solid management, and reasonable fees.
This fund shop's focus on investors really stands out.
This eclectic group offers a wide variety of risk profiles.
Finding a balanced equity natural-resources fund can be challenging.