Investors would have been better off without the drama, but Bill Gross put an indelible stamp on asset management.
Obstacles throughout 2018--particularly rising interest rates and anxious credit markets--provided a challenge to bond investors broadly, but short-term bond funds held their own.
Gold-rated BlackRock LifePath Index's blend of forward-thinking management, low costs, and high-quality building blocks make it among the industry's best options.
Target-date funds are performing more alike before expenses than in the past, making fee differences even more important in separating good and mediocre performers.
Small value, rising managers, and foreign value are promising.
Silver-rated PIMCO Real Return maintains its Morningstar Analyst Rating despite a key management departure.
This contrarian strategy boasts a respectable track record.
Equities stung a handful of bond funds in the fourth quarter.
Silver-rated Loomis Sayles Small Cap Growth boasts long-tenured mangers practicing a well-executed process.
Pre-fee returns are sliding, funds are performing more alike, and the 'wrong' styles are leading.
December was a busy month for Morningstar manager research analysts with refreshed or new ratings on 163 strategies.
A recent fee cut makes Gold-rated FMI Large Cap even more attractive.
Bond markets grappled with monetary policy and political unknowns in 2018.
Plunging foreign markets and unfavorable currency trends weigh heavily on results.
Bronze-rated American Funds Bond Fund of America is a good choice for those seeking calm during bouts of market volatility.
Large-growth funds were the best performers in a generally rocky year.
Silver-rated DFA Real Estate Securities provides comprehensive exposure to the real estate sector at a low cost.
You shouldn't have.
Subadvisors William Blair and RS steer Bronze-rated Vanguard Mid Cap Growth.
Persistence studies suggest you need to outperform like clockwork to be elite. Balderdash!
These funds have parent companies with significant problems.
Bronze-rated Berwyn Income practices a flexible value-oriented conservative-allocation strategy.
Even the best predictors work, until they don't.
Silver-rated Causeway Global Value’s contrarian approach has thrived over the long-term.
With money still flowing out of mutual funds, Morningstar's Russ Kinnel sees both pluses and warning signs for shareholders.
The popularity of core index funds suggests that may be the case.
Guggenheim Total Return Bond's limited albeit stellar record is marked by risk-taking and staff turnover.
Valuations and a surge in BBB rated issuance are giving managers pause.
A strict division of the fund world into 'load vs. no-load' no longer applies.
Silver-rated T. Rowe Price Retirement Balanced benefits from multiple layers of proven managers and low fees.
Spending your HSA on current medical costs? Two plans stand out.
Managers have shown skill over the last twenty years, but on the whole have failed to deliver value for investors.
Inconsistent execution at concentrated Oakmark Select has led to a Morningstar Analyst Rating downgrade to Silver from Gold.
Three Vanguard funds among those to suffer ratings setbacks this year.
We assessed 10 of the largest HSA plans; a few are healthy, but most need attention.
Unlike other funds in its Morningstar Category, Gold-rated Vanguard Inflation-Protected Securities provides pure exposure to inflation-hedging TIPS at a rock-bottom cost.
Funds from Vanguard, PIMCO, and T. Rowe Price are among the ratings boosts.
If history repeats itself, saving early can improve your odds of slaying the tuition inflation monster by about a third.
Bronze-rated Fidelity Real Estate Income draws from the entire capital structure of real estate companies.
Two upgrades and nine downgrades highlight this year's ratings.
Fewer, cheaper funds are better for investors (and, long-term, for the industry, too).
Gold-rated Diamond Hill Mid Cap boasts a deep bench and disciplined approach, but it lags in frothier market environments.
These stalwarts won't avoid all of their asset class' rough spots, but they can smooth them out.
Outstanding returns can be a warning sign late in the credit cycle.
Silver-rated Artisan Global Opportunities focuses on 40 or so financially healthy large-growth companies around the globe.
Patience and good funds go a long way in getting you there.
Navigating global trade for profit.
Silver-rated Neuberger Berman Equity Income favors income staples such as utilities and REITs, as well as convertible bonds.
Uncertainties abounded over the period, though strong technical backdrops provided some stability.
Silver-rated PIMCO Short-Term's wide-ranging strategy taps into the firm's global expertise.