Skip to main content

You are here

Advertisement

Morningstar Upgraded Rating of 1 Fund, Downgraded 7 in October

In October, Morningstar analysts upgraded the rating of one U.S. mutual fund and downgraded seven. In addition, analysts assigned new ratings to three funds.

The upgraded fund is T. Rowe Price High Yield, from Silver to Gold.

The downgraded funds are:


  • First Eagle Fund of America Y (Silver to Bronze)

  • First Eagle US Value A (Bronze to Neutral)

  • JHancock Floating Rate Income A (Bronze to Neutral)

  • PIMCO All Asset All Authority Inst (Silver to Bronze)

  • T. Rowe Price New Income (Silver to Bronze)

  • T. Rowe Price Spectrum Income (Silver to Bronze)

  • Vanguard Windsor™ II Inv (Silver to Bronze)


The funds with new ratings are:

  • Baron Real Estate Institutional (Bronze)

  • Meridian Small Cap Growth Investor (Bronze)

  • Thornburg Global Opportunities As (Bronze)


Morningstar also affirmed the ratings of 55 U.S. funds in October. That list is available here.

Morningstar’s Analyst Ratings represent the firm’s conviction in a fund's ability to outperform its peers and/or relevant benchmarks on a risk-adjusted basis over a market cycle of at least five years. As of Oct. 31, 2015, Morningstar analysts had assigned a Morningstar Analyst Rating of Gold to 132 unique U.S. funds, a Silver rating to 274 funds, a Bronze rating to 352 funds, a Neutral rating to 271 funds, and a Negative rating to 31 funds.

Advertisement