Skip to main content

You are here

Advertisement

Morningstar Upgraded Ratings of 4 Funds, Downgraded 6 in September

In September, Morningstar analysts upgraded four U.S. mutual fund ratings and downgraded six. In addition, analysts affirmed ratings for 62 funds and one target-date series. New ratings were also assigned for two funds and one target-risk series.

The upgraded funds (all from Neutral to Bronze) are:


  • Fidelity Advisor® Diversified Intl A

  • Fidelity® Diversified International

  • Lord Abbett High Yield A

  • Principal Global Div Inc A


The downgraded funds (all from Neutral to Bronze) are:

  • Buffalo Small Cap (Bronze to Neutral)

  • Fidelity Spartan® Extended Mkt Index Inv (Gold to Silver)

  • Matthews Pacific Tiger Investor (Gold to Silver)

  • Neuberger Berman Guardian Inv (Silver to Neutral)

  • Neuberger Berman Socially Rspns Inv (Silver to Bronze)

  • Royce Pennsylvania Mutual Invmt (Silver to Neutral)


The funds/target-risk series with new ratings are:

  • Metropolitan West Unconstrained Bd I (Neutral)

  • Principal SAM Target-Risk Series (Neutral)

  • Vanguard Instl Ttl Stk Mkt Idx InstlPls (Gold)


A list of the Analyst Ratings for the 62 U.S. funds and one target-date series that Morningstar affirmed in September 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 Sept. 30, 2015, Morningstar analysts had assigned a Morningstar Analyst Rating of Gold to 132 unique U.S. funds, a Silver rating to 278 funds, a Bronze rating to 349 funds, a Neutral rating to 274 funds, and a Negative rating to 32 funds.

Advertisement