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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