Morningstar has just dropped off a new batch of its always-controversial fund analyst ratings, which is great news for Harris Associates
and PRIMECAP Management
. Harris' $9.3 billion Oakmark International I
and the $1.6 billion PRIMECAP Odyssey Aggressive Growth
both held on to their "gold" ratings and five-star reviews.
Five funds in total got positive ratings from the Chicago-based research firm, whose analyst ratings have come under fire
from some of the more vocal players in the industry. In addition to the two funds above, the Vanguard Windsor II
fund, the Harding Loevner Global Equity Advisor
fund and the Mutual Beacon Z
fund all got positive ratings.
The good rating for Templeton's Mutual Beacon fund is the end of the good news for that fund shop; its Templeton Developing Markets A
fund got stuck with a "negative" rating.
These and the other Morningstar analyst ratings can be found here;
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