Its worst performance versus the index, for example, came in 2009 when low - quality stocks surged as it became clear the financial crisis was over,» wrote Jason Kephart, senior manager research analyst for Morningstar. (investopedia.com)
Nevertheless, Alaina Bompiedi, a fixed income manager research analyst who also took part in the Morningstar Q&A, pointed out that the bond fund still has a bronze rating, which signals that Morningstar is still supportive of the fund. (investopedia.com)
«One of the reasons that we really have a lot of confidence in a number of Vanguard's funds are these sorts of sources of advantage, and none of these have been impacted by sort of the changes up top,» said Emory Zink, Morningstar fixed - income manager research analyst, during a Q&A session. (investopedia.com)