MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

M* Downgraded These Funds' Price Ratings

TedTed
in Fund Discussions
FYI: Mutual fund fees have increasingly come under the microscope as cheap passive vehicles have proliferated and investors have flocked to them. This trend, combined with a nine-year bull market that has caused fund assets under management to grow (despite many active funds seeing outflows), has driven fees downward. As a result, active funds that haven't lowered their fees have become less competitive on price, and their Price Pillar ratings, a component of the Morningstar Analyst Rating, have gotten worse. Let's take a closer look at four funds whose Price ratings dropped to Negative from Positive during the past five years.
Regards,
Ted
https://www.morningstar.com/articles/879121/weve-downgraded-these-funds-price-ratings.html

Comments

  • ShostakovichShostakovich
    OMG -- A Royce fund is on the list; for "sprawling portfolio"? Rising expenses?

    Is this Royce we're talking about ????
  • VintageFreakVintageFreak
    Looks like Royce dropped its advertising on M*. Or no longer touts its funds has M* rated. Or they have lost all their M* ratings. Or all of the above.
  • ducrow
    agree with vintage feak
Sign In or Register to comment.