Morningstar, Inc. (OQ:MORN)

Business Focus: Professional Information Services

Jan 07, 2020 08:00 am ET
Morningstar Appoints Ron Bundy to Build on Global Growth of Its Indexes Business
CHICAGO, Jan. 7, 2020 /CNW/ -- Morningstar, Inc. (Nasdaq: MORN) today announced it has appointed Ron Bundy to lead the evolution and growth of its global Morningstar Indexes business. Bundy joined the firm in December as managing director, Morningstar Indexes....
Nov 03, 2019 04:00 pm ET
Morningstar Announces Planned Acquisition of Financial Planning Software Provider AdviserLogic
SYDNEY, Nov. 3, 2019 /PRNewswire/ -- Morningstar Australasia Pty Limited, an Australian subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, announced today it has entered a definitive agreement to acquire Australian adviser software firm, AdviserLogic. The transaction is expected to close by the end of November, subject to customary closing conditions. Terms were not disclosed....
Oct 23, 2019 04:15 pm ET
Morningstar, Inc. Reports Third-Quarter 2019 Financial Results
CHICAGO, Oct. 23, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced third-quarter 2019 financial results featuring strong revenue and cash flow growth, with positive contributions from DBRS Morningstar, the newly combined credit ratings operations. ...
Oct 22, 2019 09:00 am ET
Morningstar Updates Analyst Ratings for 62 of the Nation's Largest 529 College-Savings Plans; Assigns Nine Upgrades, Eight Downgrades
CHICAGO, Oct. 22, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced updates to Morningstar Analyst RatingsTM and reports for 62 of the nation's largest 529 college-savings plans, which represent approximately 97 percent of the more than $319 billion in 529 plan assets as of Sept. 30, 2019. The five-tiered, qualitative Morningstar Analyst Rating™ scale has three positive levels—Gold, Silver, and Bronze—in addition to Neutral and Negative ratings. This year, Morningstar manager research analysts awarded four Gold ratin...
Oct 18, 2019 09:00 am ET
Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for September 2019
CHICAGO, Oct. 18, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for September 2019. Overall, passive U.S. equity funds saw $22.9 billion in inflows while active U.S. equity funds had $19.1 billion in outflows. ...
Oct 17, 2019 09:00 am ET
Morningstar Acquires Cuffelinks and Expands Investment Commentary
SYDNEY, Oct. 17, 2019 /PRNewswire/ -- Morningstar Australasia Pty Limited, an Australian subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has acquired Cuffelinks, an independent, privately-owned publisher of investment commentary. Terms were not disclosed....
Oct 14, 2019 10:52 am ET
Morningstar Assigns New Analyst Ratings to Four Strategies, Upgrades Four, and Downgrades Three in September 2019
CHICAGO, Oct. 14, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, published a summary of Morningstar Analyst Rating™ activity for 120 U.S. strategies that occurred in September 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over...
Oct 04, 2019 04:05 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 28 Cents Per Share
CHICAGO, Oct. 4, 2019 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 28 cents per share. The dividend is payable Oct. 31, 2019 to shareholders of record as of Oct. 18, 2019. ...
Oct 02, 2019 08:00 am ET
/C O R R E C T I O N -- Morningstar, Inc./
In the news release, Morningstar's Third Annual Health Savings Account Study Shows Progress But Also Room for the Industry to Lower Fees and Improve Transparency, issued 01-Oct-2019 by Morningstar, Inc. over PR Newswire, we are advised by the company that the "Upgrades and downgrades" bullet point, second sentence, should begin "On the flipside, UMB Bank and Optum's investing" rather than "On the flipside, UMB Bank, Fifth Third, and Optum's investing" and in the table the Overall Assessment as Investing Account column for Fifth Third should read "Neutral" rather than "Negative" as originally...
Oct 01, 2019 07:30 am ET
Morningstar's Third Annual Health Savings Account Study Shows Progress But Also Room for the Industry to Lower Fees and Improve Transparency
CHICAGO, Oct. 1, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its third annual study assessing 11 of the most prominent Health Savings Accounts (HSAs) available to individuals. Morningstar evaluated the providers' success in responding to two different use cases: as an investment account to save for future medical expenses and as a spending account to cover current medical costs. The study found that while the industry has shown progress over the past year, there's still room for providers to lower fees, simplif...
Sep 23, 2019 04:33 pm ET
Morningstar, Inc. to Announce Third-Quarter 2019 Financial Results on October 23
CHICAGO, Sept. 23, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN) plans to report its third-quarter 2019 financial results after the market closes on Wednesday, October 23, 2019. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Sep 17, 2019 08:00 am ET
Morningstar's Sixth Global Investor Experience Study Finds Investors are Paying Less to Own Funds Worldwide But Disparity Among Markets Persists
For "Fees and Expenses," Australia, the Netherlands, and the United States earn Top grades while Italy and Taiwan receive Bottom grades...
Sep 17, 2019 08:00 am ET
Morningstar's Sixth Global Investor Experience Study Finds Investors are Paying Less to Own Funds Worldwide But Disparity Among Markets Persists
For "Fees and Expenses," Australia, the Netherlands, and the United States earn Top grades while Italy and Taiwan receive Bottom grades...
Sep 13, 2019 05:11 pm ET
Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for August 2019
CHICAGO, Sept. 13, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for August 2019. Overall, passive U.S. equity funds saw approximately $900.0 million in outflows while active U.S. equity funds had $18.9 billion in outflows. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs shares outstanding and reported net assets....
Sep 11, 2019 02:00 pm ET
Morningstar Assigns New Analyst Ratings to Two Strategies, Upgrades Eight, and Downgrades Four in August 2019
CHICAGO, Sept. 11, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, published a summary of Morningstar Analyst Rating™ activity for 149 U.S. strategies that occurred in August 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over t...
Sep 09, 2019 07:01 am ET
Morningstar Launches Goal Bridge to Help Improve Investor Outcomes
CHICAGO, Sept. 9, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today launched Goal Bridge, a planning and proposal solution that enables advisors to connect goals-based planning and investment strategies within a single, dynamic workflow....
Aug 15, 2019 09:00 am ET
Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for July 2019
CHICAGO, Aug. 15, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for July 2019. Overall, passive U.S. equity funds saw $6.6 billion in inflows while active U.S. equity funds had $23.5 billion in outflows, which together were the worst outflows for U.S. equity funds since June 2018. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs shares outstanding...
Aug 12, 2019 11:15 am ET
Morningstar Assigns New Analyst Ratings to Five Strategies, Upgrades Seven, and Downgrades Four in July 2019
CHICAGO, Aug. 12, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 149 U.S. strategies that occurred in July 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over ...
Jul 29, 2019 10:00 am ET
PitchBook and Morningstar Ring Nasdaq Stock Market Opening Bell
SEATTLE, July 29, 2019 /PRNewswire/ -- PitchBook, the data provider for the private and public equity markets, and Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today visited the Nasdaq MarketSite in Times Square to ring the Nasdaq Stock Market Opening Bell. The event commemorates PitchBook and Morningstar's shared vision to provide the broadest data and analysis on the private and public markets. In response to the record growth of the private markets, a recent PitchBook survey revealed that 61% of limited partners and equity investment managers be...
Jul 25, 2019 04:15 pm ET
Morningstar, Inc. Reports Second-Quarter 2019 Financial Results
CHICAGO, July 25, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced second-quarter 2019 financial results. Reported results reflect solid revenue growth across the company, supporting strong free cash flow generation....
Jul 16, 2019 12:45 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for June 2019
CHICAGO, July 16, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for June 2019. Overall, passive U.S. equity funds saw $29.5 billion in outflows while active U.S. equity funds lost $20.2 billion to outflows. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs shares outstanding and reported net assets....
Jul 09, 2019 10:00 am ET
Morningstar Assigns New Analyst Ratings to 28 Strategies, Upgrades Five, and Downgrades Eight in June 2019
CHICAGO, July 9, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 155 U.S. strategies that occurred in June 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over t...
Jul 08, 2019 07:30 am ET
Morningstar to Enhance Forward-Looking Fund Ratings
CHICAGO, July 8, 2019 /CNW/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it will enhance two of its forward-looking fund ratings systems, the Morningstar Analyst Rating™ for funds (Analyst Rating) and the Morningstar Quantitative Rating™ for funds (Quantitative Rating). The enhanced ratings, which are based on an updated assessment framework, will begin to take effect on Oct. 31, 2019. ...
Jul 08, 2019 07:30 am ET
Morningstar to Enhance Forward-Looking Fund Ratings
CHICAGO, July 8, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it will enhance two of its forward-looking fund ratings systems, the Morningstar Analyst Rating™ for funds (Analyst Rating) and the Morningstar Quantitative Rating™ for funds (Quantitative Rating). The enhanced ratings, which are based on an updated assessment framework, will begin to take effect on Oct. 31, 2019. ...
Jul 02, 2019 04:15 pm ET
Jul 02, 2019 04:15 pm ET
May 21, 2019 08:30 am ET
Morningstar Launches New Global Suite of Bond Indexes
Comprehensive family of indexes represents all major fixed-income markets and asset classes...
May 21, 2019 08:30 am ET
Morningstar Launches New Global Suite of Bond Indexes
Comprehensive family of indexes represents all major fixed-income markets and asset classes...
May 17, 2019 04:40 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 28 Cents Per Share
CHICAGO, May 17, 2019 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 28 cents per share. The dividend is payable July 31, 2019 to shareholders of record as of July 5, 2019. ...
May 17, 2019 09:00 am ET
Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for April 2019
CHICAGO, May 17, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for April 2019. Overall, passive U.S. equity fund assets nearly reached parity with active U.S. equity funds, as passive U.S. equity funds saw total assets of $4.3 trillion by month end, just $6.0 billion shy of active U.S. equity funds' total assets. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net...
May 13, 2019 03:15 pm ET
Morningstar Assigns New Analyst Ratings to Nine Strategies, Upgrades Eight Strategies, and Downgrades 11 in April 2019
CHICAGO, May 13, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 180 U.S. strategies that occurred in April 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over ...
May 10, 2019 01:20 pm ET
Morningstar CEO Kunal Kapoor Cites Mission-Driven Principles to Fuel Great Financial Advice at 2019 Morningstar Investment Conference
CHICAGO, May 10, 2019 /PRNewswire/ -- Speaking to more than 2,000 attendees at the annual Morningstar Investment Conference in Chicago, Kunal Kapoor, chief executive officer of leading investment research provider Morningstar, Inc. (Nasdaq: MORN), discussed the growing importance of great advice from financial professionals in ensuring today's investors can meet their financial goals and prepare for a financially secure retirement....
May 09, 2019 02:02 pm ET
Winners Announced for 2019 U.S. Morningstar Awards for Investing Excellence
CHICAGO, May 9, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced winners of its 2019 U.S. Morningstar Awards for Investing Excellence. The awards, featured on CNBC's "Power Lunch" program today, recognize portfolio managers, asset management firms, and up-and-coming managers who demonstrate the industry's very best attributes, including investment skill, the courage to differ from the consensus to benefit investors, and an alignment of interests with the strategies' investors. Morningstar selects leaders in three ca...
May 09, 2019 07:30 am ET
Morningstar Research Finds That Price Continues to Rule the Target-Date Fund Market
CHICAGO, May 9, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its annual Target-Date Fund Landscape Report. The 2019 report, which evaluates more than 60 series of target-date funds, finds intensifying demand for low-fee options, with providers responding by offering inexpensive options like CITs or launching new lower-cost series that rely on passive funds. Additionally, Morningstar is rolling out enhanced Target-Date Fund Series Reports featuring new data points and exhibits to simplify the complexities investo...
May 06, 2019 07:30 am ET
Morningstar Launches Model Marketplace Integrated with Morningstar Office℠ Cloud
CHICAGO, May 6, 2019 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today introduced the Model Marketplace, a centralized distribution platform that allows advisors to quickly and cost efficiently research third-party investment models, personalize strategies to fit their clients' needs, and initiate trade instructions in one connected workflow....
Apr 30, 2019 07:30 am ET
Morningstar's Annual Fee Study Finds That in 2018 Investors Paid Less to Own Funds Than Ever Before
CHICAGO, April 30, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its annual fee study, which evaluates trends in the cost of U.S. open-end mutual funds and exchange-traded funds (ETFs). The study found that across U.S. funds, the asset-weighted expense ratio dropped to 0.48% in 2018, compared to 0.51% in 2017. As a result, investors saved an estimated $5.5 billion in fund fees in 2018. This 6% percent year-over-year decline is the second largest recorded since Morningstar began tracking asset-weighted fees in 200...
Apr 26, 2019 07:30 am ET
Morningstar Canada Named One of the 2019 "Best Workplaces in Canada" by Great Place to Work® Institute Canada
TORONTO, April 26, 2019 /CNW/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), as one of this year's Best Workplaces in Canada, for the seventh year in a row.  ...
Apr 26, 2019 07:30 am ET
Morningstar Canada Named One of the 2019 "Best Workplaces in Canada" by Great Place to Work® Institute Canada
TORONTO, April 26, 2019 /PRNewswire/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), as one of this year's Best Workplaces in Canada, for the seventh year in a row.  ...
Apr 24, 2019 04:40 pm ET
Morningstar, Inc. Reports First-Quarter 2019 Financial Results
CHICAGO, April 24, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced first-quarter 2019 financial results. Reported results reflect continued growth and momentum in licensed-based revenue and strong cash flow generation....
Apr 18, 2019 09:00 am ET
Morningstar Investment Management Launches New Advisor Managed Retirement Accounts Platform
CHICAGO, April 18, 2019 /PRNewswire/ -- Morningstar Investment Management LLC, a leading provider of discretionary investment management and advisory services and a subsidiary of Morningstar, Inc. (Nasdaq: MORN), announced today that it has launched its new advisor managed accounts platform. The platform aims to make it easier for Registered Investment Advisors (RIA) firms and their advisors to offer a managed accounts solution to their retirement plan clients....
Apr 17, 2019 09:00 am ET
Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for March 2019
CHICAGO, April 17, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for March 2019. Overall, passive U.S. equity funds took in nearly $24.1 billion while active U.S. equity funds lost $17.9 billion to outflows. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs shares outstanding and reported net assets....
Apr 16, 2019 08:50 am ET
Recent Analysis Shows Rite Aid, Infosys, Morningstar, Western Digital, Hemispherx BioPharma, and Chanticleer Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Rite Aid Corporation (NYSE:RAD), Infosys Limited (NYSE:INFY), Morningstar, Inc....
Apr 15, 2019 07:46 am ET
Morningstar Announces Nominees for 2019 Morningstar Awards for Investing Excellence
CHICAGO, April 15, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the nominees for the 2019 Morningstar Awards for Investing Excellence. The awards recognize portfolio managers, asset management firms, and up-and-coming managers who demonstrate excellent investment skill, the courage to differ from the consensus to benefit investors, and an alignment of interests with the strategies' investors. ...
Apr 08, 2019 11:45 am ET
Morningstar Assigns New Analyst Ratings to 13 Strategies, Upgrades Nine Strategies, and Downgrades 10 in March 2019
CHICAGO, April 8, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 205 U.S. strategies that occurred in March 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over...
Apr 05, 2019 10:49 am ET
Morningstar Announces Availability of Proxy Materials for 2019 Annual Shareholders' Meeting
CHICAGO, April 5, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN) a leading provider of independent investment research, today announced that the proxy materials for its 2019 Annual Shareholders' Meeting are now available electronically under the Securities and Exchange Commission's Notice and Access rule....
Mar 25, 2019 04:36 pm ET
Morningstar, Inc. to Announce First-Quarter 2019 Financial Results on April 24
CHICAGO, March 25, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN) plans to report its first-quarter 2019 financial results after the market closes on Wednesday, April 24, 2019. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Mar 20, 2019 09:00 am ET
Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for February 2019
CHICAGO, March 20, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for February 2019. Overall, passive U.S. equity funds took in nearly $13.1 billion while active U.S. equity funds lost $9.9 billion to outflows. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs shares outstanding and reported net assets....
Mar 13, 2019 10:00 am ET
Morningstar Assigns New Analyst Ratings to 18 Strategies, Including Four Collective Investment Trusts; Upgrades Five Strategies; and Downgrades 10 in February 2019
CHICAGO, March 13, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 154 U.S. strategies that occurred in February 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), target-date series, and new this month, collective investment trusts (CITs). The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk...
Mar 12, 2019 10:21 am ET
Morningstar Credit Ratings to Begin Rating CRE CLOs
NEW YORK, March 12, 2019 /PRNewswire/ -- Morningstar Credit Ratings, LLC today published an appendix to its U.S. CMBS Conduit/Fusion Ratings Methodology that outlines the process the company will apply when rating pools of transitional commercial real estate collateral, commonly known as commercial real estate collateralized loan obligations (CRE CLOs)....
Mar 11, 2019 09:39 am ET
Agenda Announced for Morningstar Investment Conference, the Industry's Largest Independent Conference
CHICAGO, March 11, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the agenda for its 31st annual Morningstar Investment Conference, set to convene Wednesday, May 8 through Friday, May 10 at McCormick Place Convention Center in Chicago. ...
Feb 28, 2019 07:25 am ET
Research Report Identifies Sunoco LP, Citrix, Alkermes plc, CubeSmart, Morningstar, and Synopsys with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunoco LP (NYSE:SUN), Citrix Systems, Inc. (NASDAQ:CTXS), Alkermes plc...
Feb 26, 2019 02:40 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 28 Cents Per Share
CHICAGO, Feb. 26, 2019 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 28 cents per share. The dividend is payable April 30, 2019 to shareholders of record as of April 5, 2019. ...
Feb 21, 2019 03:15 pm ET
Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2018 Financial Results
CHICAGO, Feb. 21, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced fourth-quarter and full-year 2018 financial results. The Company surpassed $1 billion in revenue in 2018 and recorded strong organic revenue growth and free cash flow....
Feb 20, 2019 02:32 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for January 2019
CHICAGO, Feb. 20, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for January 2019. For the first time in five years, active U.S. equity funds outshone their passive counterparts, with active U.S. equity funds balancing for the month while passive U.S. equity funds had $3.8 billion in outflows. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund, and net flow for U.S. ETFs s...
Feb 11, 2019 01:25 pm ET
Morningstar Assigns New Analyst Ratings to Six Strategies, Upgrades Six, and Downgrades Five in January 2019
CHICAGO, Feb. 11, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 104 U.S. strategies that occurred in January 2019. Strategies include all vehicles that Morningstar covers, including open-end mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), and target-date series. The Morningstar Analyst Rating represents Morningstar's conviction in the strategy's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qu...
Feb 06, 2019 11:37 am ET
Morningstar's Annual Global Fund Flows Report Finds Markets Resilient Despite Decreased Demand for Funds in 2018
CHICAGO, Feb. 6, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its seventh annual Global Fund Flows Report examining worldwide 2018 mutual fund and exchange-traded product (ETP) fund flows. Overall, global net flows had their weakest inflows since 2011 with $606 billion in 2018, compared with $2 trillion in 2017. Money market funds had their best year since 2008 with inflows of $331 billion, and for the first time since 2007, Asia had the strongest regional long-term flows with $169 billion, buoyed by an interven...
Jan 30, 2019 06:30 am ET
Morningstar Launches New Low Carbon Risk Index Family Emphasizing Companies Aligned with the Transition to a Low-Carbon Economy
New family of indexes moves beyond carbon footprinting and evaluates a company's positioning for the future...
Jan 30, 2019 06:30 am ET
Morningstar Launches New Low Carbon Risk Index Family Emphasizing Companies Aligned with the Transition to a Low-Carbon Economy
New family of indexes moves beyond carbon footprinting and evaluates a company's positioning for the future...
Jan 23, 2019 03:15 pm ET
Morningstar, Inc. to Announce Fourth-Quarter and Full-Year 2018 Financial Results on February 21
CHICAGO, Jan. 23, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN) plans to report its fourth-quarter and full-year 2018 financial results after the market closes on Thursday, Feb. 21, 2019. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Jan 17, 2019 06:30 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for Full-Year and December 2018
CHICAGO, Jan. 17, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for full-year and December 2018. In 2018, investors placed $207.0 billion into passive U.S. equity funds and pulled $174.0 billion out of active U.S. equity funds. In December 2018, investors directed $45.6 billion of inflows to passive U.S. equity funds, but $31.5 billion of outflows from actively managed U.S. equity funds. Morningstar estimates net flow for mutual funds by comput...
Jan 15, 2019 06:30 am ET
Morningstar Assigns New Analyst Ratings to 11 U.S. Funds and Four Separately Managed Accounts; Upgrades Seven Funds and One Separately Managed Account; Downgrades 10 Funds and One Separately Managed A
CHICAGO, Jan. 15, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 158 U.S. open-end mutual funds, exchange-traded funds (ETFs) and eight separately managed accounts (SMAs) that occurred in December 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Mornin...
Jan 14, 2019 07:20 am ET
Factors of Influence in 2019, Key Indicators and Opportunity within Morningstar, Ambarella, CACI International, Boston Properties, Natural Health Trends, and Capstone Turbine — New Research Emphasizes
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Morningstar, Inc. (NASDAQ:MORN), Ambarella, Inc. (NASDAQ:AMBA), CACI...
Dec 21, 2018 06:30 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for November 2018
CHICAGO, Dec. 21, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for November 2018. In November, investors placed $28.4 billion into passive U.S. equity funds, compared with inflows of $20.4 billion in the previous month. On the active front, investors pulled $18.4 billion, compared with $16.8 billion of outflows as reported last month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performa...
Dec 14, 2018 03:30 pm ET
Morningstar, Inc. Increases Annualized Dividend by 12 Percent
CHICAGO, Dec. 14, 2018 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 28 cents per share. The dividend is payable Jan. 31, 2019 to shareholders of record as of Jan. 4, 2019. The 12 percent increase from the prior quarterly rate of 25 cents per share results in an annualized dividend of $1.12 per share compared with the prior annualized rate of $1.00 per share....
Dec 11, 2018 03:09 pm ET
Morningstar Assigns New Analyst Ratings to Seven U.S. Funds and Six Target-Date Series; Upgrades Five Funds; Downgrades Three Funds in November 2018
CHICAGO, Dec. 11, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 169 U.S. open-end mutual funds, exchange-traded funds (ETFs) and eight target-date series that occurred in November 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—...
Nov 28, 2018 10:43 am ET
Morningstar Credit Ratings Publishes New Methodology for Rating U.S. CMBS Conduit/Fusion Deals
NEW YORK, Nov. 28, 2018 /PRNewswire/ -- Morningstar Credit Ratings, LLC, today published its revised methodology for rating U.S. commercial mortgage-backed securities (CMBS) conduit/fusion deals which was updated primarily to incorporate recent commercial mortgage performance data....
Nov 20, 2018 03:37 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for October 2018
CHICAGO, Nov. 20, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for October 2018. In October, investors placed $20.4 billion into passive U.S. equity funds, compared with inflows of $19.4 billion in the previous month. On the active front, investors pulled $16.8 billion, compared with $8.8 billion of outflows as reported last month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance...
Nov 15, 2018 03:05 pm ET
Morningstar Funds Trust Now Available in Morningstar Managed Portfolios
CHICAGO, Nov. 15, 2018 /PRNewswire/ -- Morningstar Investment Management LLC, a leading provider of discretionary investment management and advisory services and a subsidiary of Morningstar, Inc. (Nasdaq: MORN), today announced that mutual fund-based portfolios within its Morningstar® Managed PortfoliosSM advisory service will now have allocations to the Morningstar Funds Trust – an open-end investment management company with nine multi-manager mutual funds managed by Morningstar Investment Management. Historically, these portfolios used third-party funds. ...
Nov 13, 2018 06:30 am ET
Morningstar Assigns New Analyst Ratings to Four U.S. Funds and Four Separately Managed Accounts; Upgrades Six Funds; Downgrades 12 U.S. Funds and One Separately Managed Account in October 2018
CHICAGO, Nov. 13, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 159 U.S. open-end mutual funds, exchange-traded funds (ETFs), and nine separately managed accounts (SMAs) that occurred in October 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morning...
Nov 12, 2018 03:05 pm ET
Andrew Lill Named Chief Investment Officer for Morningstar Investment Management, Americas
CHICAGO, Nov. 12, 2018 /PRNewswire/ -- Morningstar Investment Management LLC, a leading provider of discretionary investment management and advisory services, and subsidiary of Morningstar, Inc. (Nasdaq: MORN), today announced that Andrew Lill has been appointed chief investment officer for Morningstar Investment Management, Americas. Lill currently serves as chief investment officer for Morningstar Investment Management's Asia-Pacific operations, and as part of a transition plan, will continue to lead this area until Matt Wacher—the newly appointed chief investment officer, Asia-Pacific—joi...
Nov 12, 2018 06:30 am ET
Morningstar's Second Annual Assessment of the 10 Largest Health Savings Account Plans Finds Investment Quality Has Improved but High Fees and Lack of Transparency Remain Hurdles
CHICAGO, Nov. 12, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its second annual study assessing plans from 10 of the largest Health Savings Account (HSA) plan providers. Morningstar evaluated the plans through two different lenses: as an investment vehicle to save for future medical expenses and as a spending vehicle to cover current medical costs. The study found that The HSA Authority is the best plan both as an investment for future needs and as a spending vehicle for current costs. More generally, Morningst...
Oct 30, 2018 08:00 am ET
Report: Exploring Fundamental Drivers Behind Sarepta Therapeutics, Reinsurance Group of America, Illinois Tool Works, ATN International, Morningstar, and Hubbell — New Horizons, Emerging Trends, and U
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sarepta Therapeutics, Inc. (NASDAQ:SRPT), Reinsurance Group of America,...
Oct 30, 2018 07:50 am ET
Downgrades Outnumber Upgrades in Morningstar's Annual Update of 529 College-Savings Plan Ratings
CHICAGO, Oct. 30, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced new Analyst Ratings and reports for 62 of the nation's largest 529 college-savings plans, which represent approximately 95 percent of the more than $300 billion in 529 plan assets as of Sept. 30, 2018. The five-tiered, qualitative Morningstar Analyst Rating™ scale has three positive levels—Gold, Silver, and Bronze—in addition to Neutral and Negative ratings. This year, Morningstar manager research analysts awarded four Gold ratings, nine Silver ratin...
Oct 24, 2018 04:15 pm ET
Morningstar, Inc. Reports Third-Quarter 2018 Financial Results
CHICAGO, Oct. 24, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced its third-quarter 2018 financial results, which reflect ongoing momentum in revenue growth and strong cash generation....
Oct 18, 2018 03:40 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for September 2018
CHICAGO, Oct. 18, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for September 2018. In September, investors placed $19.4 billion into passive U.S. equity funds, compared with inflows of $13.0 billion in the previous month. On the active front, investors pulled $8.8 billion, compared with $14.4 billion of outflows as reported last month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the perf...
Oct 08, 2018 04:25 pm ET
Morningstar Assigns New Analyst Ratings to Four U.S. Funds and Six Separately Managed Accounts; Upgrades Five Funds; Downgrades Five Funds in September 2018
CHICAGO, Oct. 8, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 101 U.S. open-end mutual funds, exchange-traded funds (ETFs), and seven separately managed accounts (SMAs) that occurred in September 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morni...
Oct 05, 2018 03:00 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 25 Cents Per Share
CHICAGO, Oct. 5, 2018 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 25 cents per share. The dividend is payable Oct. 31, 2018 to shareholders of record as of Oct. 17, 2018. ...
Oct 02, 2018 09:57 am ET
Mercer and Morningstar Form Alliance to Deliver Innovative Investment Research Platform
Mercer, a global consulting leader in advancing health, wealth and career, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), and
Sep 25, 2018 11:00 am ET
Morningstar, Inc. to Announce Third-Quarter 2018 Financial Results on October 24
CHICAGO, Sept. 25, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) plans to report its third-quarter 2018 financial results after the market closes on Wednesday, Oct. 24, 2018. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Sep 20, 2018 11:05 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for August 2018
CHICAGO, Sept. 20, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for August 2018. In August, investors placed $13.0 billion into passive U.S. equity funds, compared with outflows of $14.1 billion in the previous month. On the active front, investors pulled $14.4 billion, compared with $11.2 billion of outflows as reported last month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performanc...
Sep 18, 2018 07:30 am ET
Nasdaq to Provide Morningstar with Nasdaq Basic Real-Time Market Data on Global Scale
CHICAGO and NEW YORK, Sept. 18, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, and Nasdaq (NASDAQ: NDAQ), a leading global provider of trading, clearing, exchange technology, listing, information and public company services, today announced an agreement under which Nasdaq will provide the Nasdaq Basic real-time market data feed to Morningstar. Nasdaq Basic is a leading exchange-provided alternative for real-time data, U.S. equity quotes, and trade information across all U.S. exchange-listed securities within the Nasdaq market cen...
Sep 14, 2018 02:33 pm ET
Morningstar Assigns New Analyst Ratings to Five U.S. Funds and One Separately Managed Account; Upgrades 10 Funds; Downgrades Three Funds in August 2018
CHICAGO, Sept. 14, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 131 U.S. open-end mutual funds, exchange-traded funds (ETFs), two target-date series, and three separately managed accounts (SMAs) that occurred in August 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive l...
Aug 22, 2018 02:19 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for July 2018
CHICAGO, Aug. 22, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for July 2018. In July, investors placed $14.1 billion into passive U.S. equity funds, compared with outflows of $3.7 billion in the previous month. On the active front, investors pulled $11.2 billion, compared with $17.1 billion of outflows as reported last month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of t...
Aug 13, 2018 11:35 am ET
Morningstar Assigns New Analyst Ratings to Six U.S. Funds; Upgrades Five Funds; Downgrades Eight Funds in July 2018
CHICAGO, Aug. 13, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 151 U.S. open-end mutual funds and exchange-traded funds (ETFs) that occurred in July 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver, and Bronze—in ad...
Jul 25, 2018 04:15 pm ET
Morningstar, Inc. Reports Second-Quarter 2018 Financial Results
CHICAGO, July 25, 2018 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced its second-quarter 2018 financial results. Reported results reflect ongoing momentum highlighted by strong growth in revenue, profit, and cash flow in the quarter....
Jul 23, 2018 11:05 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for June 2018
CHICAGO, July 23, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for June 2018. Investors cut risk in June 2018 as money moved out of equity and into bond funds. Overall, long-term U.S. open-end funds and ETFs had their greatest outflows since August 2015 of approximately $22.1 billion. The bulk of these outflows stemmed from U.S. equity, which saw $20.8 billion of outflows—$17.1 billion from active funds and $3.7 billion on the passive side. Mor...
Jul 13, 2018 02:30 pm ET
Morningstar Assigns New Analyst Ratings to Seven U.S. Funds; Upgrades 10 Funds; Downgrades Two Funds in June 2018
CHICAGO, July 13, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 162 U.S. open-end mutual funds and exchange-traded funds (ETFs) that occurred in June 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver, and Bronze—in ad...
Jun 27, 2018 07:30 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for May 2018
CHICAGO, June 27, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for May 2018. In May, investors placed $29.1 billion into U.S. equity passive funds, compared with $18.2 billion in the previous month. On the active front, investors pulled $8.4 billion, compared with $11.4 billion in April. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net flow for ETFs by computi...
Jun 25, 2018 04:05 pm ET
Morningstar, Inc. to Announce Second-Quarter 2018 Financial Results on July 25
CHICAGO, June 25, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) plans to report its second-quarter 2018 financial results after the market closes on Wednesday, July 25, 2018. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Jun 22, 2018 07:30 am ET
Morningstar Assigns New Analyst Ratings to Five U.S. Funds; Upgrades Eleven Funds; Downgrades Ten Funds in May 2018
CHICAGO, June 22, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 173 U.S. open-end mutual funds, exchange-traded funds (ETFs) and two target-date series that occurred in May 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, S...
Jun 21, 2018 08:25 am ET
Analysis: Positioning to Benefit within Second Sight Medical Products, ICF International, Morningstar, Spark Therapeutics, Natera, and Kadmon — Research Highlights Growth, Revenue, and Consolidated Re
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Second Sight Medical Products, Inc. (NASDAQ:EYES), ICF International, Inc....
Jun 12, 2018 07:30 am ET
Morningstar's Annual "Mind the Gap" Study Shows Better Timing and Market Conditions Led to Solid Investor Returns
CHICAGO, June 12, 2018 /PRNewswire/ -- At its 30th annual investment conference in Chicago, Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its annual study of investor returns, "Mind the Gap," which measures the performance of the average dollar invested in a fund and estimates the impact investor behavior had on investment outcomes. Overall, the study shows that the gap between U.S. open-end funds' reported total returns and the returns experienced by investors narrowed to 0.26 percent per year over the decade ended March 31, 2018. ...
May 29, 2018 03:15 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for April 2018
CHICAGO, May 29, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for April 2018. In April, investors placed $18.2 billion into U.S. equity passive funds, compared with $10.5 billion of outflows from the previous month. On the active front, investors pulled $11.4 billion, compared with $11.0 billion in March. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net flow f...
May 22, 2018 07:30 am ET
New Morningstar Competitive Intelligence Tool--Investor Pulse--Allows Asset Managers to Better Assess the Flows Landscape
CHICAGO, May 22, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced Investor Pulse, a business intelligence tool that delivers actionable insights, predictive analytics and advanced competitive analysis to help asset managers meet investor preferences. Investor Pulse displays up-to-date asset flows data at a glance and helps asset management teams predict likely future outcomes on where flows are going and why, uncover new insights, and deliver more value to the end investor. ...
May 21, 2018 07:30 am ET
Morningstar's Annual Global Asset Flows Report Finds Rising Markets Spurred Record Demand for Funds in 2017
CHICAGO, May 21, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its sixth annual Global Asset Flows Report examining worldwide 2017 mutual fund and exchange-traded product (ETP) asset flows. Worldwide flows reached nearly $2 trillion in 2017 compared to $835 billion in 2016, led by nearly $800 billion in estimated U.S. flows and approximately $642 billion in cross-border flows, which are funds that tend to be domiciled in tax havens and distributed in many markets, including Europe, Asia, Latin America, and the Mi...
May 18, 2018 04:20 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 25 Cents Per Share
CHICAGO, May 18, 2018 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 25 cents per share. The dividend is payable July 27, 2018, to shareholders of record as of July 6, 2018. ...
May 16, 2018 10:30 am ET
Morningstar Assigns New Analyst Ratings to Three U.S. Funds; Upgrades Eight Funds; Downgrades Ten Funds in April 2018
CHICAGO, May 16, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 166 U.S. open-end mutual funds and exchange-traded funds (ETFs) and three target-date series that occurred in April 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—G...
May 07, 2018 08:00 am ET
Morningstar Launches Morningstar Direct for Wealth Management, a Comprehensive Software Solution Enabling Collaboration Across the Enterprise
CHICAGO, May 7, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced Morningstar Direct℠ for Wealth Management, an investment analysis platform tailored to wealth management professionals. Morningstar Direct for Wealth Management extends investment coverage through Morningstar independent data and research, enables cross-team collaboration, and delivers a seamless end-to-end workflow including portfolio analytics, research, and data needed to develop and refine product offerings, alongside the convenience of a cloud-bas...
May 07, 2018 07:30 am ET
Morningstar Research Shows Record Flows to Target-Date Funds as Low-Cost, Passive Series Dominate
CHICAGO, May 7, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced findings from the 10th annual Target-Date Fund Landscape Report. The 2018 research report evaluates nearly 60 target-date series, presenting the latest developments in the competitive landscape, and highlights noteworthy considerations for target-date investors in five areas: Price, Performance, Parent, People, and Process. A target-date fund is an all-in-one investment that systematically shifts the asset mix of stocks and bonds in its portfolio accor...
May 03, 2018 08:00 am ET
Broadridge Teams Up With Morningstar to Offer Asset Managers Retirement Plan Investment Data
LAKE SUCCESS, N.Y., May 3, 2018 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global fintech leader, and Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, have entered into an agreement to provide detailed retirement investment data to asset managers in an effort to further strengthen their ability to identify and prioritize advisor and consultant sales opportunities. ...
May 02, 2018 07:00 am ET
Oil Price Surge Boosts Canadian Equity Funds in April 2018, Morningstar Canada Data Show
TORONTO, May 2, 2018 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary April 2018 performance data for its 47 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-three of the 47 fund indices increased during the month, with nine of them increasing by more than 1%....
May 02, 2018 07:00 am ET
Oil Price Surge Boosts Canadian Equity Funds in April 2018, Morningstar Canada Data Show
TORONTO, May 2, 2018 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary April 2018 performance data for its 47 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-three of the 47 fund indices increased during the month, with nine of them increasing by more than 1%....
May 01, 2018 08:00 am ET
Morningstar Launches Portfolio Carbon Risk Score to Help Investors Evaluate Funds' Carbon-Risk Exposure
CHICAGO and LONDON, May 1, 2018 /PRNewswire/ -- At its 12th annual UK investment conference in London, Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today introduced the Morningstar® Portfolio Carbon Risk Score™, a measure that will help investors evaluate a portfolio's exposure to carbon risk. Portfolios that have low carbon-risk scores and low levels of fossil-fuel exposure will receive the Morningstar® Low Carbon Designation™ to help investors quickly identify low-carbon funds. Companies held within those portfolios tend to have low carbon emissi...
Apr 30, 2018 07:30 am ET
Recent Analysis Shows Morningstar, Tactile Systems Technology, Allete, Tetraphase Pharmaceuticals, Magellan Health, and Ambarella Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, April 30, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Morningstar, Inc. (NASDAQ:MORN), Tactile Systems Technology,...
Apr 26, 2018 12:12 pm ET
/C O R R E C T I O N -- Morningstar, Inc./
In the news release, Morningstar's Annual Fund Fee Study Finds Investors Saved More Than $400 Billion in 2017, issued 26-Apr-2018 by Morningstar, Inc. over PR Newswire, we are advised by the company that the headline and first paragraph, last sentence, should read "$4 Billion" rather than "$400 Billion" as originally issued inadvertently. The complete, corrected release follows:...
Apr 26, 2018 08:00 am ET
Morningstar Canada Named One of the 2018 "Best Workplaces in Canada" by Great Place to Work® Institute Canada
TORONTO, April 26, 2018 /CNW/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), as one of this year's Best Workplaces in Canada, for the sixth year in a row.  ...
Apr 26, 2018 08:00 am ET
Morningstar Canada Named One of the 2018 "Best Workplaces in Canada" by Great Place to Work® Institute Canada
TORONTO, April 26, 2018 /PRNewswire/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), as one of this year's Best Workplaces in Canada, for the sixth year in a row.  ...
Apr 25, 2018 04:15 pm ET
Morningstar, Inc. Reports First-Quarter 2018 Financial Results
CHICAGO, April 25, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its first-quarter 2018 financial results. Reported results reflect continued revenue growth, which contributed to strong operating income gains in the quarter. ...
Apr 25, 2018 11:45 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for March 2018
CHICAGO, April 25, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for March 2018. In March, investors pulled $10.5 billion out of U.S. equity passive funds, compared with $8.4 billion in the previous month. On the active front, investors pulled $11.0 billion, compared with $17.7 billion in February. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net flow for ETFs ...
Apr 16, 2018 07:30 am ET
Marking 30 Years of the Annual Morningstar Investment Conference, Agenda Brings Transparency, Technology, and Responsiveness to the Forefront of Financial Advice
CHICAGO, April 16, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the agenda for its 30th annual investment conference for financial advisors on Monday, June 11, through Wednesday, June 13, at McCormick Place Convention Center in Chicago. The conference brings together some of the financial industry's brightest minds to discuss the latest developments and ideas about financial advice, to help advisors identify growth opportunities, discover new perspectives, and put innovation into practice....
Apr 09, 2018 12:30 pm ET
Morningstar Assigns New Analyst Ratings to Nine U.S. Funds; Upgrades Seven Funds; Downgrades Seven Funds in March 2018
CHICAGO, April 9, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 182 U.S. mutual funds and exchange-traded funds (ETFs) and two target-date series that occurred in March 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silve...
Apr 06, 2018 11:15 am ET
Morningstar Announces Availability of Proxy Materials for 2018 Annual Shareholders' Meeting
CHICAGO, April 6, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) a leading provider of independent investment research, today announced that the proxy materials for its 2018 Annual Shareholders' Meeting are now available electronically under the Securities and Exchange Commission's Notice and Access rule....
Apr 03, 2018 01:22 pm ET
Morningstar Credit Ratings Mall Monitor Finds 2012 Mall-Backed Loans Are Thriving but May Face Incoming Maturity Headwinds
NEW YORK, April 3, 2018 /PRNewswire/ -- Morningstar Credit Ratings, LLC, a subsidiary of Morningstar, Inc. (NASDAQ: MORN) and a nationally recognized statistical ratings organization (NRSRO), today released its semiannual commercial mortgage-based securities (CMBS) research Mall Monitor, "What's in Store for 2012 Mall Loans." ...
Apr 03, 2018 07:00 am ET
Falling Loonie Keeps Foreign Equity Funds Afloat in First Quarter, Morningstar Canada Data Show
TORONTO, April 3, 2018 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary 2018 first-quarter performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Nineteen of the 44 fund indices increased during the quarter, including eight indices that increased by 1% or more....
Apr 03, 2018 07:00 am ET
Falling Loonie Keeps Foreign Equity Funds Afloat in First Quarter, Morningstar Canada Data Show
TORONTO, April 3, 2018 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary 2018 first-quarter performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Nineteen of the 44 fund indices increased during the quarter, including eight indices that increased by 1% or more....
Apr 02, 2018 04:05 pm ET
Morningstar, Inc. to Announce First-Quarter 2018 Financial Results on April 25
CHICAGO, April 2, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) plans to report its first-quarter 2018 financial results after the market closes on Wednesday, April 25, 2018. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Mar 26, 2018 03:00 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for February 2018
CHICAGO, March 26, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for February 2018. In February, investors pulled $8.4 billion out of U.S. equity passive funds, marking the first monthly outflow for the category since April 2015. On the active front, investors pulled $17.7 billion, compared with $24.1 in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the f...
Mar 21, 2018 08:10 am ET
Market Trends Toward New Normal in Graham, Morningstar, EnviroStar, Leggett & Platt, Chesapeake Lodging Trust, and Advanced Micro Devices — Emerging Consolidated Expectations, Analyst Ratings
NEW YORK, March 21, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Graham Holdings Company (NYSE:GHC), Morningstar, Inc....
Mar 12, 2018 02:00 pm ET
Morningstar Assigns New Analyst Ratings to Eight U.S. Funds; Upgrades Four Funds and One Target-Date Series; Downgrades Seven Funds in February 2018
CHICAGO, March 12, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 95 U.S. mutual funds and exchange-traded funds (ETFs) and four target-date series that occurred in February 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, S...
Mar 05, 2018 08:15 am ET
Morningstar Expands Fund Ratings System with the Launch of the Morningstar Quantitative Rating™
CHICAGO, March 5, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the expansion of its fund ratings system by launching the Morningstar Quantitative RatingTM (the Quantitative Rating), which uses a machine-learning model to rate six times more funds than are rated by Morningstar analysts in the United States. The launch of the Quantitative Rating represents Morningstar's ongoing commitment to provide investors with a powerful toolkit to assess funds and help them reach their financial goals. ...
Mar 02, 2018 06:00 am ET
Equity Funds Drop in February 2018; Currency Effects Benefit Foreign Equity Funds, Morningstar Canada Data Show
TORONTO, March 2, 2018 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary February 2018 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Only seven of the 44 fund indices increased during the month, all of them by 0.7% or less, while 12 of the 37 losing indices decreased by 2.0% or more....
Mar 02, 2018 06:00 am ET
Equity Funds Drop in February 2018; Currency Effects Benefit Foreign Equity Funds, Morningstar Canada Data Show
TORONTO, March 2, 2018 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary February 2018 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Only seven of the 44 fund indices increased during the month, all of them by 0.7% or less, while 12 of the 37 losing indices decreased by 2.0% or more....
Feb 27, 2018 02:10 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 25 Cents Per Share
CHICAGO, Feb. 27, 2018 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 25 cents per share. The dividend is payable April 27, 2018, to shareholders of record as of April 6, 2018. ...
Feb 23, 2018 01:40 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for January 2018
CHICAGO, Feb. 23, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for January 2018. In January, investors placed $41.2 billion of inflows to U.S. equity passive funds compared with December's $22.5 billion inflow. On the active front, investors pulled $24.1 billion out of U.S. equity funds, compared with $16.3 in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance o...
Feb 20, 2018 03:01 pm ET
Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2017 Financial Results
CHICAGO, Feb. 20, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its fourth-quarter and full-year 2017 financial results. Reported results reflect solid business performance, highlighted by strong revenue and cash flow growth, with operating income and net income per share impacted by special items....
Feb 13, 2018 10:00 am ET
Morningstar Assigns New Analyst Ratings to Three U.S. Funds; Upgrades Seven Funds; Downgrades One Fund and One Target-Date Series in January 2018
CHICAGO, Feb. 13, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 103 U.S. mutual funds and exchange-traded funds (ETFs) and seven target-date series that occurred in January 2018. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, S...
Feb 13, 2018 09:00 am ET
Brian Grow Named President of Morningstar Credit Ratings, LLC
CHICAGO, Feb. 13, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that Brian Grow has been appointed president of Morningstar Credit Ratings, LLC, effective immediately. In his new role, Grow will oversee the day-to-day operations of Morningstar's credit ratings business. He is based in New York and will report to Haywood Kelly, head of global research at Morningstar. ...
Feb 07, 2018 09:00 am ET
Morningstar Announces the Expansion of its Index Marketplace in Software Products, Enabling Benchmark Comparisons for Investors
CHICAGO, Feb. 7, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that it will be expanding its index marketplace in software products by integrating third-party index data, giving investors the ability to make direct benchmark comparisons based on their needs. Morningstar has signed FTSE Russell, the global index and data provider, as its first strategic collaborator to provide index performance and constituent data to Morningstar on over 70 global equity index series, in order to align with its global Category ben...
Feb 02, 2018 06:00 am ET
Foreign Equity Funds' Winning Streak Continues in January 2018, Morningstar Canada Data Show
TORONTO, Feb. 2, 2018 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary January 2018 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-four of the 44 fund indices increased during the month, with nine of them increasing by 2.0% or more, while 18 of the 20 losing indices decreased by 1.6% or less.                                        ...
Feb 02, 2018 06:00 am ET
Foreign Equity Funds' Winning Streak Continues in January 2018, Morningstar Canada Data Show
TORONTO, Feb. 2, 2018 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary January 2018 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-four of the 44 fund indices increased during the month, with nine of them increasing by 2.0% or more, while 18 of the 20 losing indices decreased by 1.6% or less.                                        ...
Jan 24, 2018 12:00 pm ET
Morningstar Announces 2017 U.S. Fund Manager of the Year Award Winners
CHICAGO, Jan. 24, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its 2017 U.S. Fund Manager of the Year award winners. The awards, to be featured on CNBC's "Power Lunch" program today, acknowledge managers who delivered impressive performance in 2017, have generated excellent long-term risk-adjusted returns, and have been good stewards of fund shareholders' capital. To recognize outstanding fund managers, Morningstar selects leaders in four categories: domestic stock, international stock, fixed income, and allocat...
Jan 23, 2018 02:15 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for Full-Year and December 2017
CHICAGO, Jan. 23, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for full-year and December 2017. In 2017, investors placed $220.4 billion into U.S. equity passive funds and pulled $207.5 billion out of U.S. equity active funds. In December 2017, investors saw $22.5 billion of inflows to U.S. equity passive funds, and on the active front, the category had $16.3 billion of outflows. Morningstar estimates net flow for mutual funds by computing the ...
Jan 19, 2018 07:40 am ET
New Research: Key Drivers of Growth for Seritage Growth Properties, MSG Networks, Castlight Health, Inc., Morningstar, Waterstone Financial, and PC Connection — Factors of Influence, Major Initiatives
NEW YORK, Jan. 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seritage Growth Properties (NYSE:SRG), MSG Networks...
Jan 11, 2018 06:05 am ET
Morningstar Announces Nominees for 2017 U.S. Fund Manager of the Year Awards
CHICAGO, Jan. 11, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the nominees for its 2017 U.S. Fund Manager of the Year awards. The awards acknowledge managers who not only delivered impressive performance in 2017, but have also generated excellent long-term risk-adjusted returns and have been good stewards of fund shareholders' capital. To recognize outstanding fund managers, Morningstar selects leaders in four categories: domestic stock, international stock, fixed income, and allocation/alternatives. ...
Jan 09, 2018 01:30 pm ET
Morningstar Assigns New Analyst Rating to 50 U.S. Funds; Upgrades Five Funds; Downgrades Eight Funds in December 2017
CHICAGO, Jan. 9, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 133 U.S. mutual funds and exchange-traded funds (ETFs) and one target-date series that occurred in December 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Sil...
Jan 03, 2018 06:00 am ET
Asian Equity Funds Led the Charge in 2017, Morningstar Canada Data Show
TORONTO, Jan. 3, 2018 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary 2017 year-end performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Forty-one of the 44 fund indices increased during the calendar year, including 12 indices that increased by 10% or more....
Jan 03, 2018 06:00 am ET
Asian Equity Funds Led the Charge in 2017, Morningstar Canada Data Show
TORONTO, Jan. 3, 2018 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary 2017 year-end performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Forty-one of the 44 fund indices increased during the calendar year, including 12 indices that increased by 10% or more....
Dec 20, 2017 01:39 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for November 2017
CHICAGO, Dec. 20, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for November 2017. In November, investors placed $16.6 billion into U.S. equity passive funds compared with October's $27.6 billion inflow. On the active front, investors pulled $17.9 billion out of U.S. equity funds, compared with $18.8 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance o...
Dec 11, 2017 02:30 pm ET
Morningstar Assigns New Analyst Rating to 59 U.S. Funds and One Target-Date Series; Upgrades 10 Funds; Affirms Ratings on 116 Funds and One Target-Date Series in November
CHICAGO, Dec. 11, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 192 U.S. mutual funds and exchange-traded funds (ETFs) and two target-date series that occurred in November 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Si...
Dec 08, 2017 03:05 pm ET
Morningstar, Inc. Increases Quarterly Dividend to 25 Cents Per Share and Authorizes New $500 Million Share Repurchase Program
CHICAGO, Dec. 8, 2017 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 25 cents per share. The dividend is payable Jan. 31, 2018, to shareholders of record as of Jan. 5, 2018. The declaration reflects an 8.7 percent increase in the quarterly dividend to 25 cents per share from 23 cents....
Nov 30, 2017 10:57 am ET
Morningstar Credit Ratings Affirms its MOR RS2 Residential Mortgage Prime and Nonprime Servicer Rankings and MOR RV3 Residential Vendor Ranking for The Money Source
NEW YORK, Nov. 30, 2017 /PRNewswire/ -- Morningstar Credit Ratings, LLC today affirmed its MOR RS2 residential mortgage prime and nonprime servicer rankings for The Money Source Inc. (TMS). Morningstar also affirmed its MOR RV3 residential vendor ranking for TMS as a third-party residential loan subservicer. Morningstar's forecast for all rankings is Positive....
Nov 27, 2017 09:30 am ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for October 2017
CHICAGO, Nov. 27, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for October 2017. In October, investors put $27.6 billion into U.S. equity passive funds, more than doubling September's $12.7 billion inflow. On the active front, investors pulled $18.8 billion out of U.S. equity funds, compared with $18.5 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performanc...
Nov 16, 2017 09:00 am ET
Morningstar Announces Morningstar Office Cloud, an End-to-End Practice and Portfolio Management Platform for Independent Advisors
CHICAGO, Nov. 16, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced Morningstar Office Cloud℠, a new cloud-based practice and portfolio management platform for advisors, powered by more than 30 years of investment data and research. The latest software development, which was unveiled at the Schwab IMPACT® 2017 conference today, brings together Morningstar's data, analytics, and research tools, with the ability to integrate client data into a single, web-based experience that can replace multiple legacy systems. ...
Nov 15, 2017 04:05 pm ET
Morningstar, Inc. Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)
CHICAGO, Nov. 15, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that it issued to its chief financial officer, Jason Dubinsky, as part of a competitive pay package agreed to at the time of his appointment, an award of 5,629 fully vested shares of common stock. The award was made on Nov. 15, 2017 and the number of shares issued was determined by dividing the agreed dollar value of the grant, $500,000, by the closing price of Morningstar's common stock on the last trading day prior to the grant date. The stock was ...
Nov 13, 2017 02:30 pm ET
Morningstar Assigns New Analyst Rating to 36 U.S. Funds; Upgrades Seven Funds; Downgrades Five Funds; Affirms Ratings on 135 Funds in October
CHICAGO, Nov. 13, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 183 U.S. mutual funds and exchange-traded funds (ETFs) that occurred in October 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver, and Bronze—in addition...
Nov 07, 2017 01:46 pm ET
Morningstar Canada Named One of the 2017 "Best Workplaces in Financial Services and Insurance" by Great Place to Work® Institute Canada
TORONTO, Nov. 7, 2017 /CNW/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), to the 2017 list of Best Workplaces in Financial Services and Insurance.  ...
Nov 07, 2017 01:46 pm ET
Morningstar Canada Named One of the 2017 "Best Workplaces in Financial Services and Insurance" by Great Place to Work® Institute Canada
TORONTO, Nov. 7, 2017 /PRNewswire/ -- Great Place to Work® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), to the 2017 list of Best Workplaces in Financial Services and Insurance.  ...
Nov 02, 2017 08:00 am ET
Strong Market Returns and Weakening Loonie Boost Foreign Equity Funds in October, Morningstar Canada Data Show
TORONTO, Nov. 2, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary October 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. All but one of the 44 fund indices increased during the month, with a majority of the indices increasing between 2.0% and 4.0%, and nine indices increasing by more than 4.0%....
Nov 02, 2017 08:00 am ET
Strong Market Returns and Weakening Loonie Boost Foreign Equity Funds in October, Morningstar Canada Data Show
TORONTO, Nov. 2, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary October 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. All but one of the 44 fund indices increased during the month, with a majority of the indices increasing between 2.0% and 4.0%, and nine indices increasing by more than 4.0%....
Oct 26, 2017 11:30 am ET
Morningstar Introduces Best Interest Scorecard to Help Advisors Evaluate Proposals for Clients and Prospects Based on Investment Value, Client Fit, and Service Value
CHICAGO, Oct. 26, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the launch of the Morningstar Best Interest Scorecard, designed for financial advisors to help clients make an informed decision on possible rollover options designed with their best interests in mind. This new tool demonstrates Morningstar's ongoing efforts to prioritize investors' best interests in light of changing regulatory requirements for retirement accounts, as well as evolving investor preferences and global trends around investment advice. ...
Oct 25, 2017 05:05 pm ET
Morningstar, Inc. Reports Third-Quarter 2017 Financial Results
CHICAGO, Oct. 25, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its third-quarter 2017 financial results. The company reported net income of $33.9 million, or 79 cents per diluted share, compared with $30.2 million, or 70 cents per diluted share, in the third quarter of 2016. ...
Oct 24, 2017 09:00 am ET
Morningstar Updates Analyst Ratings for 62 of the Nation's Largest 529 College-Savings Plans, Including Six Upgrades and Three Downgrades
CHICAGO, Oct. 24, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced new Analyst Ratings and reports for 62 of the nation's largest 529 college-savings plans, which represent more than 95 percent of the more than $250 billion in 529 plan assets as of Sept. 30, 2017. The five-tiered, qualitative Morningstar Analyst Rating™ scale has three positive levels—Gold, Silver, and Bronze—in addition to Neutral and Negative ratings. This year, Morningstar manager research analysts awarded four Gold ratings, 10 Silver ratings, 20...
Oct 19, 2017 01:00 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for September 2017
CHICAGO, Oct. 19, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for September 2017. In September, investors put $12.7 billion into U.S. equity passive funds, up from $8.5 billion in August 2017. On the active front, investors pulled $18.5 billion out of U.S. equity funds, compared with $23.0 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fun...
Oct 19, 2017 11:30 am ET
Morningstar Credit Ratings, LLC President Vickie Tillman to Retire by Year-End
CHICAGO, Oct. 19, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that Vickie Tillman, president of Morningstar Credit Ratings, LLC, has decided to retire from her position after five years of leading the credit ratings business, effective Dec. 31, 2017. In the interim, Tillman will work closely with Morningstar's senior management in the search for new leadership that will continue to nurture and grow Morningstar Credit Ratings.   ...
Oct 09, 2017 02:00 pm ET
Morningstar Assigns New Analyst Rating to 21 U.S. Funds; Upgrades Seven Funds; Downgrades Two Funds; Affirms Ratings on 77 Funds in September
CHICAGO, Oct. 9, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 108 U.S. mutual funds and exchange-traded funds (ETFs) that occurred in September 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver, and Bronze—in add...
Oct 09, 2017 12:09 pm ET
Morningstar Publishes Fifth Global Fund Investor Experience Study, Shows Regulation and Better Practices Improving Investor Experiences Worldwide
CHICAGO, Oct. 9, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today released its biennial Global Fund Investor Experience (GFIE) report, which grades the experiences of mutual fund investors in 25 countries across North America, Europe, Asia, and Africa. Morningstar researchers evaluated countries in four categories—Regulation and Taxation, Disclosure, Fees and Expenses, and Sales. The grading scale, updated from 2015's 12-point letter grades, consists of Top, Above Average, Average, Below Average, and Bottom. Researchers ident...
Oct 06, 2017 01:55 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 23 Cents Per Share
CHICAGO, Oct. 6, 2017 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 23 cents per share. The dividend is payable Oct. 31, 2017, to shareholders of record as of Oct. 18, 2017. ...
Oct 03, 2017 08:00 am ET
Morningstar Canada Data Show Rebound in Energy Stocks in September, Boosting Canadian Equity Funds
TORONTO, Oct. 3, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary September and third-quarter 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-nine of the 44 fund indices increased during the quarter, including 11 indices that increased by 2.0% or more, while five of the 15 fund indices with negative results were down by 1.0% or more....
Oct 03, 2017 08:00 am ET
Morningstar Canada Data Show Rebound in Energy Stocks in September, Boosting Canadian Equity Funds
TORONTO, Oct. 3, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary September and third-quarter 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-nine of the 44 fund indices increased during the quarter, including 11 indices that increased by 2.0% or more, while five of the 15 fund indices with negative results were down by 1.0% or more....
Sep 26, 2017 01:43 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for August 2017
CHICAGO, Sept. 26, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for August 2017. In August, investors put $8.5 billion into U.S. equity passive funds, down from $10.8 billion in July 2017. On the active front, investors pulled $23.0 billion out of U.S. equity funds, compared with $19.6 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund...
Sep 20, 2017 11:00 am ET
Morningstar, Inc. to Announce Third-Quarter 2017 Financial Results on Oct. 25
CHICAGO, Sept. 20, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) plans to report its third-quarter 2017 financial results after the market closes on Wednesday, Oct. 25, 2017. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Sep 15, 2017 10:00 am ET
Morningstar Credit Ratings, LLC Launches Ratings of REITs
NEW YORK, Sept. 15, 2017 /PRNewswire/ -- Morningstar Credit Ratings, LLC, a nationally recognized statistical ratings organization (NRSRO), today announced the launch of its Real Estate Investment Trust (REIT) ratings initiative with the publishing of its U.S. REIT Credit Rating Methodology and the release of unsolicited ratings on an initial group of REITs. Morningstar is planning to rate approximately 40 of the largest and most frequent issuers of REIT senior unsecured debt by year-end. ...
Sep 11, 2017 12:30 pm ET
Morningstar Assigns New Analyst Rating to 48 U.S. Funds; Upgrades Eight Funds; Downgrades Seven Funds; Affirms Ratings on 95 Funds and Two Target-Date Series in August
CHICAGO, Sept. 11, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 158 U.S. mutual funds and exchange-traded funds (ETFs) and two target-date series that occurred in August 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold,...
Sep 07, 2017 11:30 am ET
Morningstar Publishes Annual Global Guide to Strategic-Beta Exchange-Traded Products and an In-Depth Examination of the Performance of Strategic-Beta ETFs
CHICAGO, Sept. 7, 2017 /PRNewswire/ -- At its eighth annual ETF Conference, Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its annual global landscape report, "A Global Guide to Strategic-Beta Exchange-Traded Products," and a complementary examination of the performance of U.S. strategic-beta equity exchange-traded funds (ETFs). The landscape report examines trends in asset growth, asset flows, product development, and fees among strategic-beta exchange-traded products (ETPs) by region, while the performance study takes an in-depth lo...
Sep 05, 2017 08:00 am ET
Weak but Mostly Positive Performance for Canadian Funds in August, Morningstar Canada Data Show
TORONTO, Sept. 5, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary August 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-five of the 44 fund indices increased during the month, though only five indices increased by more than 2.0%, while eight of the nine fund indices with negative results were down by 1.0% or less....
Sep 05, 2017 08:00 am ET
Weak but Mostly Positive Performance for Canadian Funds in August, Morningstar Canada Data Show
TORONTO, Sept. 5, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary August 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-five of the 44 fund indices increased during the month, though only five indices increased by more than 2.0%, while eight of the nine fund indices with negative results were down by 1.0% or less....
Aug 21, 2017 01:30 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for July 2017
CHICAGO, Aug. 21, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for July 2017. In July, investors put $10.8 billion into U.S. equity passive funds, up from $9.3 billion in June 2017. On the active front, investors pulled $19.6 billion out of U.S. equity funds, compared with $14.6 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net fl...
Aug 14, 2017 02:30 pm ET
Morningstar Assigns New Analyst Rating to 25 U.S. Funds; Upgrades Six Funds; Downgrades Four Funds and One Target-Date Series; Affirms Ratings on 71 Funds in July
CHICAGO, Aug. 14, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 107 U.S. mutual funds and exchange-traded funds (ETFs) and one target-date series that occurred in July 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver...
Aug 02, 2017 08:00 am ET
Chinese Equity Funds Lead in July While Most Fund Categories Lose Ground, Morningstar Canada Data Show
TORONTO, Aug. 2, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary July 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-four of the 44 fund indices decreased during the month, with the losses in most cases limited to 2.0% or less, while nine of the 10 fund indices with positive results were up by less than 2.0%....
Aug 02, 2017 08:00 am ET
Chinese Equity Funds Lead in July While Most Fund Categories Lose Ground, Morningstar Canada Data Show
TORONTO, Aug. 2, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary July 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-four of the 44 fund indices decreased during the month, with the losses in most cases limited to 2.0% or less, while nine of the 10 fund indices with positive results were up by less than 2.0%....
Jul 25, 2017 05:05 pm ET
Morningstar, Inc. Reports Second-Quarter 2017 Financial Results
CHICAGO, July 25, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its second-quarter 2017 financial results. The company reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company's previously announced sale of HelloWallet, an online financial wellness business. ...
Jul 24, 2017 01:09 pm ET
Morningstar and Sustainalytics Expand Their Sustainability Collaboration
CHICAGO and AMSTERDAM, July 24, 2017 /PRNewswire/ -- In a continuing and growing commitment to helping investors integrate sustainability considerations into portfolio decisions, Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, and Sustainalytics, a leading global provider of environmental, social, and governance (ESG) research and ratings, today announced that Morningstar has acquired a 40 percent ownership stake in Sustainalytics. The direct investment represents an important milestone in Morningstar's long-term sustainability strategy and intends to...
Jul 24, 2017 11:30 am ET
Joe Davis of Vanguard and Richard Thaler of The University of Chicago to Address Morningstar 2017 ETF Conference Attendees in Keynote Sessions
CHICAGO, July 24, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the speakers and agenda for its eighth annual ETF Conference, Sept. 6-8 at the Hyatt Regency Chicago. The conference features experts from across the exchange-traded fund (ETF) industry including Morningstar analysts, who will discuss tactics, strategies, and portfolio insights for financial professionals. ...
Jul 19, 2017 01:04 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for June 2017
CHICAGO, July 19, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for June 2017. In June, investors put $9.3 billion into U.S. equity passive funds, down from $13.1 billion in May 2017. On the active front, investors pulled $14.6 billion out of U.S. equity funds, compared with $16.2 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net f...
Jul 10, 2017 12:00 pm ET
Morningstar Assigns New Ratings to 83 U.S. Funds; Downgrades Four Funds; Affirms Ratings on 74 Funds, One Target-Date Series in June
CHICAGO, July 10, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 161 U.S. mutual funds and exchange-traded funds (ETFs) and two target-date series that occurred in June 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver...
Jul 05, 2017 01:46 pm ET
Second-Quarter 2017 Results Positive Despite Most Fund Categories Losing Ground in June, Morningstar Canada Data Show
TORONTO, July 5, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary June and second-quarter 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Forty of the 44 fund indices decreased in the month of June, while 32 increased during the quarter ended June 30, 2017....
Jul 05, 2017 01:39 pm ET
Second-Quarter 2017 Results Positive Despite Most Fund Categories Losing Ground in June, Morningstar Canada Data Show
TORONTO, July 5, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary June and second-quarter 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Forty of the 44 fund indices decreased in the month of June, while 32 increased during the quarter ended June 30, 2017....
Jul 05, 2017 09:30 am ET
Morningstar, Inc. Names Jason Dubinsky Chief Financial Officer
CHICAGO, July 5, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has appointed Jason Dubinsky as chief financial officer, reporting to Kunal Kapoor, Morningstar's chief executive officer, effective July 24, 2017. ...
Jun 28, 2017 04:52 pm ET
Morningstar Credit Ratings, LLC Affirms Its MOR RV1 Residential Vendor Ranking for ServiceLink
NEW YORK , June 28, 2017 /PRNewswire/ -- Morningstar Credit Ratings, LLC today affirmed its MOR RV1 residential vendor ranking for ServiceLink Valuation Solutions, LLC (ServiceLink), a subsidiary of Fidelity National Financial, as a residential vendor in the asset valuation market. Morningstar's forecast for the ranking is Stable. ...
Jun 27, 2017 04:59 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for May 2017
CHICAGO, June 27, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for May 2017. In May, investors put $13.1 billion into U.S. equity passive funds, down from $17.1 billion in April 2017. On the active side, investors pulled $16.2 billion out of U.S. equity funds, compared with $16.8 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net f...
Jun 27, 2017 04:25 pm ET
Lea Overby Named Head of Commercial Mortgage-Backed Securities (CMBS) Research and Analytics for Morningstar Credit Ratings, LLC
NEW YORK, June 27, 2017 /PRNewswire/ -- Morningstar Credit Ratings, LLC, a nationally recognized statistical ratings organization (NRSRO), today announced that Lea Overby has been appointed head of commercial mortgage-backed securities (CMBS) research and analytics....
Jun 27, 2017 11:51 am ET
Morningstar Publishes First Study Evaluating 10 of the Largest Health Savings Account Plans as Spending and Investment Vehicles
CHICAGO, June 27, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published a new study assessing plans from 10 of the largest Health Savings Account (HSA) plan providers: Alliant Credit Union, Bank of America, BenefitWallet, HealthEquity, HealthSavings Administrators, HSA Bank, Optum Bank, SelectAccount, The HSA Authority, and UMB Bank. Morningstar evaluated the plans through two different lenses: as an investment vehicle to save for future medical expenses and as a spending vehicle to cover current medical costs. The resul...
Jun 26, 2017 11:03 am ET
Morningstar, Inc. to Announce Second-Quarter 2017 Financial Results on July 25
CHICAGO, June 26, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) plans to report its second-quarter 2017 financial results after the market closes on Tuesday, July 25, 2017. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com....
Jun 19, 2017 10:46 am ET
Morningstar Credit Ratings, LLC Assigns MOR RV1 Residential Vendor Ranking to Premium Title in the Real Estate Services Market
NEW YORK, June 19, 2017 /PRNewswire/ -- Morningstar Credit Ratings, LLC today assigned its MOR RV1 residential vendor ranking to Premium Title, a subsidiary of Altisource Portfolio Solutions S.A. (Altisource), for title insurance services. Morningstar's forecast for the ranking is Stable. ...
Jun 12, 2017 01:29 pm ET
Morningstar Upgrades Analyst Rating for Seven U.S. Funds and One Target-Date Series; Downgrades 12 Funds; Assigns New Ratings to 90 Funds and Two Target-Date Series in May
CHICAGO, June 12, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 184 U.S. mutual funds and exchange-traded funds (ETFs) and eight target-date series that occurred in May 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silve...
Jun 05, 2017 10:00 am ET
Morningstar's First Global Study of Investor Returns Evaluates Impact of Investor Behaviour and Finds Automatic Savings Plans Produce Better Outcomes
TORONTO, June 5, 2017 /CNW/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its first global study of investor returns, "Mind the Gap 2017," which measures how the average investor fared in a fund and the impact investor behaviour can have on investment outcomes. The study uses the Morningstar Investor Returns methodology to derive a dollar-weighted return of a fund that incorporates the effect of cash inflows and outflows from purchases and sales, as well as the increase in a fund's assets. The "gap" refers to the shortfall between...
Jun 05, 2017 10:00 am ET
Morningstar's First Global Study of Investor Returns Evaluates Impact of Investor Behaviour and Finds Automatic Savings Plans Produce Better Outcomes
TORONTO, June 5, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its first global study of investor returns, "Mind the Gap 2017," which measures how the average investor fared in a fund and the impact investor behaviour can have on investment outcomes. The study uses the Morningstar Investor Returns methodology to derive a dollar-weighted return of a fund that incorporates the effect of cash inflows and outflows from purchases and sales, as well as the increase in a fund's assets. The "gap" refers to the shortfall ...
Jun 02, 2017 08:00 am ET
Asian, European Equity Funds Outperform in May 2017, Morningstar Canada Data Show
TORONTO, June 2, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary May 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-six of the 44 fund indices increased during the month, including four indices that increased by more than 2%....
Jun 02, 2017 08:00 am ET
Asian, European Equity Funds Outperform in May 2017, Morningstar Canada Data Show
TORONTO, June 2, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary May 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Twenty-six of the 44 fund indices increased during the month, including four indices that increased by more than 2%....
May 31, 2017 02:20 pm ET
KeyBank National Association to Acquire HelloWallet® from Morningstar, Inc., Accelerating KeyBank's Innovative Financial Wellness Commitment
CLEVELAND, May 31, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY) and Morningstar, Inc. (NASDAQ: MORN), today announced that they have entered into a definitive agreement for the acquisition by KeyBank of leading personal software platform HelloWallet® from Morningstar, Inc. The acquisition is subject to customary closing conditions. Financial terms of the transaction were not disclosed. ...
May 30, 2017 12:31 pm ET
Morningstar's First Global Study of Investor Returns Evaluates Impact of Investor Behavior and Finds Automatic Savings Plans Produce Better Outcomes
CHICAGO, May 30, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its first global study of investor returns, "Mind the Gap 2017," which measures how the average investor fared in a fund and the impact investor behavior can have on investment outcomes. The study uses the Morningstar® Investor Returns™ methodology to derive a dollar-weighted return of a fund that incorporates the effect of cash inflows and outflows from purchases and sales, as well as the increase in a fund's assets. The "gap" refers to the shortfall...
May 23, 2017 05:04 pm ET
/C O R R E C T I O N -- Morningstar, Inc./
In the news release, Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for April 2017, issued 17-May-2017 by Morningstar, Inc. over PR Newswire, we are advised by the company that there are multiple updates to the release. The complete, corrected release follows:...
May 23, 2017 11:36 am ET
Morningstar's Annual Fund Fee Study Finds Investors Are Paying Less Than Ever for Their Fund Investments
CHICAGO, May 23, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today published its annual fund fee study, evaluating the cost of U.S. mutual funds and exchange-traded funds (ETFs) in Morningstar's database. On average, investors paid less in fund expenses in 2016 than ever before, as assets continue to flow into lower-cost index mutual funds, ETFs, and institutional share classes. ...
May 17, 2017 12:21 pm ET
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for April 2017
CHICAGO, May 17, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for April 2017. In April, investors put $17.1 billion into U.S. equity passive funds, down from $31.1 billion in March 2017. On the active side, investors pulled $16.8 billion out of U.S. equity funds, compared with $18.6 billion in the previous month. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund an...
May 12, 2017 06:01 pm ET
Morningstar, Inc. Declares Quarterly Dividend of 23 Cents Per Share
CHICAGO, May 12, 2017 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 23 cents per share. The dividend is payable July 28, 2017, to shareholders of record as of July 7, 2017.  ...
May 12, 2017 02:02 pm ET
Caroline Tsay Elected to Morningstar's Board of Directors
CHICAGO, May 12, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that Caroline Tsay, chief executive officer of Compute Software Inc., has been elected to Morningstar's board of directors as its 10th member. ...
May 08, 2017 12:32 pm ET
Morningstar Upgrades Analyst Rating for Seven U.S. Funds; Downgrades 10 Funds; Assigns New Ratings to 30 Funds in April
CHICAGO, May 8, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 106 U.S. mutual funds and exchange-traded funds (ETFs) and four target-date series that occurred in April 2017. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels, indicating Morningstar Medalists—Gold, Silver...
May 02, 2017 08:00 am ET
Slumping Loonie Boosts Foreign Equity Funds in April 2017, Morningstar Canada Data Show
TORONTO, May 2, 2017 /CNW/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary April 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-eight of the 44 fund indices increased during the month, including 18 indices that increased by more than 2%....
May 02, 2017 08:00 am ET
Slumping Loonie Boosts Foreign Equity Funds in April 2017, Morningstar Canada Data Show
TORONTO, May 2, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary April 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-eight of the 44 fund indices increased during the month, including 18 indices that increased by more than 2%....