Morningstar’s March Winners and Losers

The medalist-rated funds, referred to as Morningstar Medalists, account for about 9% of funds sold in the U.S. and close to 60% of assets under management. (Overall, the group's analysts rate some $12 trillion of U.S. investor assets, or about 68% of U.S. investor assets.)

The March 2017 updates are as follows: 

Upgrades

• DFA U.S. Large Company (DFUSX): Gold (from Silver)
• Western Asset Core Plus Bond (WACPX): Gold (from Silver)
• BlackRock Strategic Income Opportunities (BSIIX): Silver (from Bronze)
• Fidelity Overseas: (FOSFX) Silver (from Bronze)
• T. Rowe Price Global Technology (PRGTX): Silver (from Bronze)
• Seafarer Overseas Growth and Income (SIGIX): Silver (from Bronze)
• Vanguard Explorer (VEXPX): Bronze (from Neutral)

Downgrades

• AllianzGI NFJ International Value (ANJIX): Bronze (from Silver)
• Columbia Select Large Cap Growth (UMLGX): Neutral (from Bronze)
• MFS Global Alternative Strategy (DVRIX): Neutral (from Bronze)
• Virtus Foreign Opportunities (JVIAX): Neutral (from Bronze)

Under Review

• BlackRock Basic Value (MDBAX): Bronze

New Ratings (Partial List)

• Aberdeen U.S. Small Cap Equity (GSCIX): Bronze
• Parnassus Mid-Cap (PARMX): Silver

The full list of new Morningstar ratings for 29 mutual funds and 33 ETFs is available here.

— Check out Lipper Names Top Fund Managers of 2017 on ThinkAdvisor.