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My holdings include BRUFX. M* shows it unchanged from the previous day, at $581.64. But elsewhere, I see it finishing today +$1.14, at $582.78..... So, Morningstar is convenient and wonderful--- unless it's wrong. Today, it's wrong... Which would make one think: what is RIGHT here? How does one know how reliable or unreliable it is, at any time, on any day.
They've had data problems on and off again for the past several years. Is one of the reasons I stopped my longtime premium subscription.
Earlier this year I paid for SA Premium, whose data, analytics, and website are far more reliable and readable and useful than the current interation of M*.
3 a.m. CDT Mstar shows $582.78. If Mstar shows 0.00% 1-day return, that is a signal to come back later, or look elsewhere.
That's a VERY late update, and for my purposes, it does no good, because I'm looking and expecting to see the update in my "Portfolio Manager" list of holdings. THAT has NOT been updated. Harumph.
I checked BRUFX this AM and found it to be listed at $582.78. Sometimes, I have noticed a change in mutual fund prices in checking prices before 7:00 pm eastern and then checking them again the following morning due to slow updates at M*. I'm not a paying subscriber at M* so it is something that I can live with. In addition, you can check a fund's price through it's fund company as well. Slow updates can be the result of a fund being invested in private placements which are more difficult to price over listed securities that trade on exchanges.
Comments
If Mstar shows 0.00% 1-day return, that is a signal to come back later, or look elsewhere.
They've had data problems on and off again for the past several years. Is one of the reasons I stopped my longtime premium subscription.
Earlier this year I paid for SA Premium, whose data, analytics, and website are far more reliable and readable and useful than the current interation of M*.