Morningstar announced the winners of its 2017 U.S. Fund Managerof the Year awards, given in four major categories: domestic stock,international stock, fixed income and allocation/alternatives.
All four category winners “used their proven investmentapproaches to come out on top,” said Laura Pavlenko Lutton,Morningstar’s director of manager research, North America, in astatement. All four also winners also had “impressive long-termrecords,” said Lutton.
Indeed, all four funds ranked in the top 10% for theirMorningstar category over 10 years and two of the funds, thePrudential Total Return Bond Fund and T. Rowe Price CapitalAppreciation Fund, placed in the top 1% over 10 years.
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Bernice Napach
Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.
