April Activity Features a Storm of New Fund Analyst Ratings
New ratings rule the month.
In April, Morningstar Manager Research analysts upgraded the Morningstar Analyst Ratings of six mutual funds and one exchange-traded fund, downgraded nine mutual funds and one exchange-traded fund, affirmed ratings on 52 mutual funds, three target-date series, one target-risk series, and two ETFs, assigned new ratings to 25 mutual funds, one target-risk series, and five ETFs, and placed one target-date series under review. Below are some of April’s highlights, followed by the full list of ratings changes.
Upgrades
Downgrades
New Ratings