Investment Strategy
We seek to pick winning funds with superior management and quantitative characteristics linked to strong performance. Our quantitative research uses the most comprehensive mutual fund database in the world to determine the best strategies for long-term investing success. We then supplement those studies with extensive qualitative research of portfolio managers, analysts, and traders through onsite visits and follow-up phone calls.
 
About the Editor
Russel Kinnel is director of manager research for Morningstar, Inc. and editor of Morningstar FundInvestor, a monthly print newsletter for individual investors. He also writes the Fund Spy column for Morningstar.com, the company's investment Web site.

Since joining the company in 1994, Kinnel has covered the Fidelity, Janus, T. Rowe Price, and Vanguard mutual fund families. He helped develop the new Morningstar Rating for funds and the new Morningstar Style Box methodology. He also is co-author of the company's first book, The Morningstar Guide to Mutual Funds: 5-Star Strategies for Success, which was published in January 2003.

 
 
Jul 18, 2018
Welcome !
Find Fund Report
Please input a ticker or fund name.
 
About Russel Russ' Photo
Russel Kinnel,
Director of Manager Research and Editor, Morningstar FundInvestor
Russel Kinnel is director of manager research for Morningstar, Inc. and editor of Morningstar FundInvestor, a monthly print newsletter for individual investors.
Featured Posts
Did I Say 44? I Meant 46

After further review, our quantitative team found a glitch that kept two world-stock funds out of our Fantastic 44 list. So, it's now the Fantastic 46. We've updated the PDF so that you can see them. Here are the two funds that made the cut:

American Funds Capital World Growth and Income CWGIX
This Gold-rated fund has outperformed its benchmark by 331 basis points annualized. Capital Group is a strong fundamental researcher of stocks in the United States and abroad, so world-stock funds really play to its strengths. This is a huge fund that typically carries more in emerging markets than its peers. The emerging-markets overweighting has held it back in recent years, but that won't likely last. The fund's depth of resources and low costs should.

American Funds New Perspective ANWPX
This fund has outperformed its benchmark by 308 basis points over the longest-tenured manager's watch. It has a growth tilt, so recent markets have very much worked in its favor. The fund focuses on multinationals with strong fundamentals and good growth characteristics. The growth bias is evident in the form of a much larger technology weighting than peers. We rate the fund Gold.

Large-Growth Outflows in Perspective
Large-growth funds have suffered outflows during the last decade. Christine Benz and I discuss the issues in this video.

Westwood Income Opportunity Under Review
Mark Freeman, CIO of Westwood Holdings Group and lead manager on Westwood Income Opportunity WHGIX, will leave the firm on March 8, 2019, to pursue other opportunities. The change does not have an impact on our Parent Pillar rating of Neutral on Westwood Management, a wholly owned subsidiary of Westwood Holdings Group. However, Westwood Income Opportunity, which previously carried a Morningstar Analyst Rating of Bronze, is Under Review. Comanager Todd Williams has played a supporting role on the fund since 2005, though he hasn't been involved in its day-to-day management, and Daniel Barnes joined the manager roster in January 2018.

 

Customer Support

Product Support


Inquiries regarding your subscription such as address changes, missing/damaged issues, etc.
Phone: 1-800-957-6021 | Mon-Fri 8:30AM-5:00PM

Inquiries regarding technical issues such as logging in or downloading
Phone: 1-312-424-4288 | Mon-Fri 8AM-6PM
Email: newslettersupport@morningstar.com

 

Product Sales


Inquiries regarding your subscription renewal, billing or to learn about other Morningstar investment publications and resources
Phone: 1-866-608-9570 | Mon-Thu 8AM-7PM CST | Fri 8AM-5PM CST
Email: ussales@morningstar.com