Morningstar's verdict is in. While everyone else is digesting yesterday's Oscar nominations and snubs, the folks at Dodge & Cox [profile], Fidelity [profile], Harris [profile], and T. Rowe Price [profile] have a good excuse for busting out the champagne today. PMs from those firms have been named the winners of M*'s 2016 fund manager of the year awards.

Laura Pavlenko Lutton Morningstar Director of Manager Research Practice, North America

The equity and fixed-income investment policy committees at Dodge & Cox won "Allocation/Alternatives Fund Manager of the Year" for their work on the gold-rated Dodge & Cox Balanced Fund. The Dodge & Cox committees beat out PMs from Boston Partners and FPA. (Dodge & Cox committees were also nominated for two of the other awards, too.)

Ford O'Neil and his team at Fidelity won "Fixed-Income Fund Manager of the Year" for their work on the gold-rated Fidelity Total Bond Fund. O'Neil and his team beat out PMs from Baird, Dodge & Cox, Hotchkis and Wiley, and Franklin Templeton.

David Herro at Harris won "International-Stock Fund Manager of the Year" for his work on the gold-rated Oakmark International Fund. The only repeat winner this year, Herro won the same award ten years ago, and he also won International-Stock Fund Manager of the Decade for 2000-2009. This time around Herro beat out PMs from Artisan and Dodge & Cox.

David Wallack at T. Rowe won "Domestic-Stock Fund Manager of the Year" for his work on the gold-rated T. Rowe Price Mid-Cap Value Fund. Wallack beat out PMs from American Century, Champlain, Parnassus, and Primecap.

M* revealed the winners today on CNBC's "Power Lunch" show. The nominees were revealed on January 12.

Here's a list of all the M* fund manager of the year winners for the past 30 years, since the awards started in 1987. 

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