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Mutual Funds

Learn about mutual fund investing, and browse Morningstar’s latest research on funds. Find your next great investment and explore picks from our analysts.

Featured

Overview of the Morningstar Quantitative Rating for Funds

What is it, and what can it do for you?

Bennett Sneath

Why This Top Manager Thinks Markets Are Less Risky Now

Causeway Capital CEO Sarah Ketterer on where she's investing today, why international stocks have lagged U.S. stocks, and why value managers are screaming with joy.

Katie Rushkewicz Reichart

Funds See Their First Overall Outflows Since March 2020

Long-term mutual funds and exchange-traded funds shed $89 billion in April 2022, marking the first such overall outflow since March 2020.

Adam Sabban

Target-Date Fund Investing in 2022

Learn how these investments work, what to look for when choosing one, and which ones earn our highest ratings.

Susan Dziubinski

Weakest Quarter for Fund Flows in 2 Years

Long-term mutual funds and exchange-traded funds collected just $30 billion in March 2022.

Adam Sabban

Ratings & Picks

Research

Education

Tools

Funds

Core Bond Funds

These intermediate-term taxable-bond funds earn Morningstar Analyst Ratings of Gold or Silver.


Name	Rating
American Funds Mortgage R6
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Cffqwplj® QW Hjwx Hvmyg
rQtvhbz 6-72 Whbl xqhfg Rxp Zmkc Jd V

Core Foreign Funds

These top-rated funds could be solid anchors for investors’ overseas exposure.


Name	Rating
American Beacon International Eq R5
Fvplgvpr Rkqhk Dndl Yq mbv Xqr D20
Gbmtjxst Zgfmvswsvkqpd Txmkp Wrwlnrj
MYC Xrqrqkpmmldpd Dbcg Kspydw NDR

Core Stock Funds

These top-rated equity funds could be solid anchors for investors’ U.S. exposure.


Name	Rating
DFA US Core Equity 1 I
HXB WS Qyln Cczdzm 0 R
JNP MH Hcmnx Xcprdgm K
Jcqmqjkxpyw DM Skkx Dpbbrw Rbynkm QSFQ

Defensive Funds

These fund picks have fared better than their peers in tough markets.


Name	Rating
AMG Yacktman Focused N
LLK Mzjzjshq FD
HFR Htnphs Yvkjpw Kllxf - RR
Fczfxh Hrgdh Qwggrn Vjmsr Trfjx

Foreign Index Funds

The best passive funds for overseas exposure.


Name	Rating
Calvert International Responsible Idx I
Sjsvyldb® Nxhljwfnnmrwm Yqmkl
Sxtmbxw Wzvpy RpkpmtYhdr® Ztns Vf J
Dxvqtgft Bqwtbdkclfy Lcm Zppw (dvQH) TN

Growth Funds

Top fund picks for investors seeking higher-quality growth exposure.


Name	Rating
Alger Mid Cap Focus Z
Mcnlw Tdnbc Kskzszx
Ygtjl Ylsyhq Ctbjvc
RzhhbZsrf Bvtprqd Rtnvpybjfclp C

High-Yield Bonds

Morningstar fund analysts’ favorites in this riskier area of the fixed-income market.


Name	Rating
BlackRock High Yield Bond K
DmlcsppqrySGRTFN Qyzx Yrfyt NFV
Zlnxrh Sfjkhd Xmfhdmwpv Lhmpjc SR
Gppzdwbsz Nntcwy Ydypd Vxqr Ryryh Mq DC

Inflation-Fighters

We highlight some of the best ideas among mutual funds, ETFs, and individual stocks.


Name	Rating
American Beacon AHL TargetRisk Y
ZMF Ybrpg Brw Ntjsfkwzt Nhnnz
HTB Qymqz Lmf Mwpyr-Pgdnd JD
CTS Zngst-Ghzmt

Mid-Cap Funds

Morningstar’s top funds picks for what some call the market’s “sweet spot.”


Name	Rating
Alger Mid Cap Focus Z
Zvbld Ygdhn Lltdt
Smyvz Zzrnvr Bcbkpp
WqrvnZlkj Bbr-Mgm Jrnbmg Qcztpz Scn

Sector Funds

These picks are good for plugging holes or tilting a portfolio toward a certain part of the market.


Name	Rating
Baron Real Estate Institutional
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Pvrny & Fpbvsj Flxdn Zmmcbl Wlcbtx
Bbmxj & Bwdfgh Rzmnys Jlklzk

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