The S&P 500 Index was down about 2 percent annually during the same period. The performance numbers suggest that the Hare has outperformed its benchmark consistently for the last 5 years by 200-300 bps. Dividend stability is our top priority. Morningstar seeded each portfolio with $50,000 in 2001. How we use your information depends on the product and service that you use and your relationship with us. Performance data for both portfolios are published monthly in Morningstar StockInvestor. Matt also developed the discounted cash The Morningstar Growth Index has lost 4% year to date, versus an 11% gain for the Morningstar Value Index. Sign up to receive email alerts whenever a trade occurs in Morningstar, Inc.s Tortoise or editorial policies. Therefore, investments discussed herein may not be suitable for all investors; investors must exercise their own independent judgment as to the suitability of such investments in the light of their own investment objectives, experience, taxation status and financial position. Past performance is no guarantee of future results. Analysts judge Capital Allocation from an equity holders perspective. Earnings per share, or EPS, measures a company's net income divided by diluted shares outstanding. Revenue Growth (%) Dividend: Up 8.5% Seventeen of the 20 stocks in the portfolio at the beginning of the year have appreciated this year. The Bogleheads Wiki: a collaborative work of the Bogleheads community, Local Chapters and Bogleheads Community, Advice Needed - Morningstar Hare Portfolio, Re: Advice Needed - Morningstar Hare Portfolio, http://home.mp.morningstar.com/elabsLin eprint.pdf. This quarterly report provides Morningstar, Inc.s perspective on the stock market and potential Research Roundup Returns for individual holdings of an account are time-weighted trailing returns, which takes the change in a securitys net asset value (NAV), assuming the reinvestment of all income (in the form of dividends or interest payments) and capital gains distributions (on the actual reinvestment date used by the security) during the period and dividing by the initial NAV. 2001 by Morningstar, Inc. All rights reserved. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. A securitys current investment performance may be lower or higher than the investment performance noted within the report. Earnings per share shown in the Stock Focus data tables represent the Morningstar analyst's estimate for the fiscal year indicated. This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply. The Hare focuses on companies with strong and growing competitive advantages (as measured by their Morningstar Economic Moat Rating). Morningstar.com is listed among the top investing sites by publications such as The Wall Street Journal, Barron's, SmartMoney, Money, Worth, and U.S. News & World Report. Large gains from Suburban Propane Partners(SPH) (up 34%) and Diageo(DEO) (up 23%) have helped 2006 returns. Analyst notes chosen for inclusion are prioritized based first on changes in moat ratings, then on changes in fair value uncertainty ratings, and then on changes in fair value estimates. It is important to note that investments in securities (e.g. All data presented is based on the most recent information available to Morningstar as of the date indicated and may not be an accurate reflection of current data. The Stock Focus section contains Morningstar, Inc.'s analyses of several stocks that the editors believe may be of interest to StockInvestor subscribers. The investment strategy of the fund would be powered by the research support of Morningstar Investment Adviser India Private Limited (MIA), a group company of Morningstar, Inc. Morningstar employs their proprietary research methodology, focused on Economic Moats, to identify . Composition updates and performance data for each portfolio will be published monthly inMorningstar StockInvestor. Our Uncertainty Rating is meant to consider anything that can increase the potential dispersion of outcomes for the intrinsic value of a company, and anything that can affect our ability to predict these outcomes accurately. I'm currently in pursuit of a Junior Full-Stack Developer or Junior Software Engineer position. Email: [email protected]. Investors should seriously consider if the investment is suitable for them by referencing their own financial position, investment objectives, and risk profile before making any investment decision. TRAVERSE CITY, Mich., March 1, 2023 /PRNewswire/ -- Hagerty, an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has named. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Investments in securities are subject to market and other risks and there is no assurance or guarantee that the intended investment objectives will be achieved. The newsletter also includes red flag alerts of stocks to avoid and The Bellwether 50, a watch list of 50 stocks that possess large economic moats, or competitive advantages. Every issue contains our analysis of ETFInvestor's model portfolios, commentary and research on the investment issues of the day, and performance updates on our ETF coverage universe. Morningstar Investment Management provides portfolio construction and ongoing monitoring and maintenance of model portfolios offered by a subsidiary through a discretionary advisory program. If these fees and expenses were included, the performance shown would be lower. An annual subscription costs $89 and can be ordered by calling 800-735-0700, or via the Morningstar Web site, http://www.morningstar.com. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Inquiries regarding technical issues such as logging in or downloading The Hare portfolio aims to hold fast-growing companies with strong and improving competitive advantages. investing strategy and data, statistics, and research published by Morningstar, Inc. analysts. Thanks so much! This publication is intended to provide information to assist investors in making their own investment decisions, not to provide investment advice to any specific investor. Hare: Down 2.6% CarMax ( KMX), the portfolio's biggest position, is up 24% this year. The Morningstar Rating for Stocks is a forward-looking, analyst-driven measure of a stock's current price relative to the analyst's estimate of what the shares are worth. Return on Equity (%) Phone: 1-800-957-6021 | Mon-Fri 8:30AM-5:00PM, Inquiries regarding technical issues such as logging in or downloading, Inquiries regarding your subscription renewal, billing or to learn about other Morningstar investment publications and resources, Phone: 1-866-608-9570 | Monday-Friday 8AM-5PM CST, Hare Trade Alert: Purchased Veeva Systems and Air Products, Exited Enbridge, Roundup 2/17/23 -- Results for Analog Devices, Ecolab, IQvia, and More, Roundup 2/10/23 -- Results for CVS, Enbridge, Fiserv, and More, Roundup 2/3/23 -- Results for Alphabet, Amazon, Meta Platforms, and More, Roundup 1/27/23 -- Quarterly Results for Amex, Comcast, Mastercard, Microsoft, and More, Roundup 1/20/23 -- A Fair Value Increase for Netflix, Hare Trade Alert: Added to Amazon and Adobe, Trimmed Mastercard, and Exited Uber, Roundup 1/13/23 -- Earnings Season Commences. The purpose in presenting composite performance is to provide a historical indication of the performance of this strategy. Commentary on current events, such as ESG investing, that are relevant to a dividend investing strategy. These may include companies with wide or narrow moats, positive or stable moat trends, and below-average price/fair value ratios according to analysts of Morningstar, Inc. or its affiliates I would suggest you spend some time researching the S&P SPIVA reports here: No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Provide specific products and services to you, such as portfolio management or data aggregation. Morningstar's analysis is provided for informational purposes only. This site is protected by reCAPTCHA and the Google degree from Loyola Marymount University, an MBA from Cornell University and is a CFA Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. (StockInvestor subscribers recently participated in a conference callto hear more about our latest thinking on Dell.) Revenue We sell different types of products and services to both investment professionals and individual investors. Diversification does not eliminate the risk or experiencing investment losses. There is no guarantee that negative returns can or will be avoided in any of Morningstar Managed Portfolios portfolios. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Annual dividend per share is the annualized dividend expected to be paid to each share of common stock based on the company's most recently declared dividend rate. Reinvestment of all dividends and master limited partnership (MLP) distributions is assumed, although. Benchmarks provide historical market data that serves as a point of references for an investment and/or strategy. The newsletter also will include in-depth analysis on one small-cap stock pick, red flag alerts of stocks to avoid, and a list of 50 stocks that possess large "economic moats," or competitive advantages. The actual results for an individual account within a composite may differ, sometimes substantially, from the composites historical performance shown here and may include an individual client incurring a loss. A sector is a company's general area of business. If you are looking for high-quality stock ideas, then Morningstar StockInvestor is for you! Investment research is produced and issued by subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC, registered with and governed by the U.S. Securities and Exchange Commission. with strong and growing competitive advantages. It is used as a proxy for the U.S.'s leading stocks by dividend yield. Monthly Issues Neither Morningstar nor any of its agents shall have any liability with respect to such opinions, recommendations, or information. Then we wait for the fat pitch--the right company at the right price, which means the stock should sell for significantly less than our estimate of its fair value. Portfolio tables include a list of all holdings in Morningstar's Tortoise and Hare accounts as of the date indicated. We look for funds with sustainable competitive advantages by. . Maintaining independence and editorial freedom is essential to our mission of empowering investor success. The Tortoise Portfolio returned 12 percent annually for the three-year period ending June 17, 2004, outperforming the S&P 500 Index by nearly 14 percent per year. Morningstar FundInvestor is dedicated to helping investors pick mutual funds and build portfolios to meet their financial goals. We'll account for brokerage fees and consider the tax implications of our decisions, factors often overlooked by others who publish lists of stock recommendations without accounting for the effects of trading expenses on overall returns.". Any opinions, recommendations, or information contained herein: (i) is for educational purposes only; (ii) is not guaranteed to be accurate, complete, or timely; (iii) has not been tailored to suit any particular persons portfolio or holdings; and (iv) should not be construed as investment advice of any kind. Total returns for periods longer than one year are expressed in terms of compound annual averages, also known as geometric total returns. var day = new Date(); Commentary on current events, such as ESG investing, that are relevant to a fund investing strategy. It is often used as a proxy for the U.S. stock market.The Dow Jones U.S. Many students are being left behind by an educational system that some people believe is in crisis. The S&P 500 Index was up 16 percent for the same time period. Fair Value, Fair Value Estimates The current portfolio manager is Michael Corty, CFA. Morningstar's performance goal is for each portfolio to outpace the S&P 500--an index considered to be a proxy for the performance of the stock market--on a long-term, tax-adjusted basis. A security's investment return and an investor's principal value will fluctuate so that, when redeemed, an investor's shares may be worth more or less than their original cost. These portfolios are managed by. Ratings are determined on a forward looking and absolute basis. Factsheet. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Measures risk-adjusted performance by dividing the relative return of a portfolio above the risk-free rate by its standard deviation. Keep an eagle eye on trading costs. Don't dilute good ideas with mediocre ones. "One should invest based on their need, ability and willingness to take risk - Larry Swedroe". flow model used by Morningstar analysts to assign fair value estimates to most of the When times are good, investors tend to forget about risk and focus on opportunity. When times are bad, investors tend to forget about opportunity and focus on risk. This information is subject to change at any time. All opinions are those of the portfolio managers, and may include forward looking statements. Morningstar ratings involve unknown risks and uncertainties which may cause Morningstar's expectations not to occur or to differ significantly from what we expected. everything included in your new subscription. Learn how it impacts everything we do. Our Capital Allocation (or Stewardship) Rating represents our assessment of the quality of managements capital allocation, with particular emphasis on the firms balance sheet, investments, and shareholder distributions. On the plus side, Merck(MRK) has rebounded nicely (up 32% this year), and the portfolio has also had large gains from General Dynamics(GD) and J.P. Morgan Chase(JPM). Investment risks associated with ADRs and foreign stocks include, but are not limited to, currency, inflationary, and liquidity risks as well as the risk of adverse political, economic and social developments of the underlying issuer's home country. This newsletter, including its data and commentary, is for informational purposes only and has not been tailored to suit any individual. Therefore, investments discussed herein may not be suitable for all investors; investors must exercise their own independent judgment as to the suitability of such investments in the light of their own investment objectives, experience, taxation status and financial position. . Morningstar is willing for the Hare The portfolio seeks above-average dividend yields, typically between 3% and 5%. No matter how simple or complex, you can ask it here. He is a member of the CFA Institute and the CFA Society of Columbus, Ohio. He was the co-inventor of Morningstar's first investment advice software. Go here for important performance information. Michael Corty, CFA, is the Head of U.S. Equity Strategies and a Portfolio Manager for Morningstar Investment Management LLC. The Hare Portfolio is intended for investors who can handle more volatility. Wed like to share more about how we work and what drives our day-to-day business. Hare - Portfolio Snapshot March 2020 Morningstar Managed Portfolios are offered by the entities within Morningstar's Investment Management group, which includes subsidiaries of Morningstar, Inc. that are authorized in the appropriate jurisdiction to provide consulting or advisory services in North America, Europe, Asia, Australia, and . stocks that could potentially fit with the portfolios investment mandates. Measuring Transition Risk in Fund Portfolios White Paper, Integrating ESG Into Morningstar's Equity Research, Integrating ESG Into Morningstar Equity Research: FAQs, The Morningstar Capital Allocation Rating, Introducing the Morningstar Capital Allocation Rating: FAQs, The Morningstar ESG Commitment Level: Our first assessment of 100-plus strategies and 40 asset managers, Morningstar Aben Minerals (TSXV:ABM) Earnings Yield (Joel Greenblatt) % as of today (February 26, 2023) is -24.39%. Can't find what you're looking for? Commentary and research on the investment issues of the day, such as ESG investing, and performance updates on our ETF coverage universe. mutual funds, exchange-traded funds, common stocks) involve risk and will not always be profitable. Interactive Chart Past performance is no guarantee of future results. David joined Morningstar in 1994. Morningstar Rating Before making any investment decision, investors should read and consider all the relevant investment product information. Prices of securities may fluctuate from time to time and may even become valueless. you invest successfully. Operating margin is equal to a company's annual operating profit or loss divided by its annual sales. He holds a bachelor's by jbranx Thu Mar 21, 2019 9:15 pm, Powered by phpBB Forum Software phpBB Limited, Time: 0.241s | Peak Memory Usage: 9.36 MiB | GZIP: Off. The cumulative total return graphs show the total percentage increase or decrease in the value of a portfolio or security over the specified time period. Let's talk a little about the individual stocks that have contributed to our year-to-date performance. About the and M.S. Plus, in-depth editorial on companies, a roundup of significant news events and earning reports Are Music Streaming Companies a Big Hit With Investors? Analysts assign one of three ratings: "Exemplary", "Standard", or "Poor". See Dividend Yield. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. Morningstar FundInvestor is dedicated to helping investors pick mutual funds and build portfolios to meet their financial goals. Michael Corty, CFA, is the portfolio manager for Morningstar Investment Management When we cant find the right company at the right price, we hold cash. These products and services are usually sold through license agreements or subscriptions. Higher values are desirable and indicate greater return per unit of risk. Performance data shown represents past performance which does not guarantee future results. Resources and insights to help you understand our portfolios and the markets they invest in. The performance shown herein should in no way be considered indicative of, or a guarantee of the actual or future performance of, or viewed as a substitute for any portfolio invested in a similar strategy. What are the tax implications of the Hare? The top holding of the Growth Portfolio, International Game Technology, sports only 3 stars because it has appreciated to $38 from $29 since we purchased it. Morningstar, Inc. All rights reserved. Finance, and Netscape Personal Finance. Institutional access to high-quality bond portfolios. If included, the actual performance would be lower than that shown. document.write(day.getFullYear()); Those stocks trading at large discounts to their fair values receive the highest ratings (4 or 5 stars). Free cash flow per share growth, as shown in the Stock Focus data tables, represents the Morningstar analyst's forecast for the compound annual growth rate in the company's per-share free cash flow over the upcoming four years, starting from the base year indicated. Morningstar Investment Services, a registered investment advisor and a wholly-owned subsidiary of Morningstar, manages the Tortoise and Hare portfolios. This strategy has worked very well for us.. Gross returns reflect the deduction of trading costs and fund expenses, the reimbursement of dividends, interest, and capital gains, and include the returns of cash or cash equivalent vehicles. in Mathematics from Wright State University. analyst on Morningstar Inc.s equity research team covering companies in the media, Hare Portfolio. For the one-year period between June 18, 2003 and June 17, 2004, the Tortoise Portfolio returned 14 percent and the Hare Portfolio returned nearly 21 percent. by Grt2bOutdoors Thu Mar 21, 2019 8:03 pm, Post Stock and mutual fund screener: Users can find investments via hundreds of key data points. As editor, Larson manages the publication's two market-beating portfolios: Tortoise for conservative and Hare for aggressive investors. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. However the required minimum is 100K. Download a Free Issue So going forward, we're quite excited about our growth-oriented portfolios. CHICAGO, Jun 24, 2004 Morningstar, Inc., a leading provider of independent investment research, today released three-year performance figures for its two model stock portfolios: the Tortoise Portfolio and the Hare Portfolio. risks and opportunities across sectors. Morningstar tracks, analyzes, and writes detailed research reports on 1,000 stocks. Instead, they have hefty positions in some of the worst-performing sectors so far this year--hardware, software, and consumer services. 24-Feb-2023. Healthcare, consumer defensive, and utilities make up the defensive super sector. As the names imply, the Tortoise portfolio is designed for conservative stock investors who embrace steady growth, while the Hare portfolio is intended for those who can handle more volatility. David Harrell is the editor of theMorningstar StockInvestor,a monthly newsletter that focuses on a wide-moat stock investing strategy. Combined, the two Morningstar portfolios returned 7. Commentary on current events, such as ESG investing, that are relevant to an equity investing strategy. Frequently Asked Questions Grady joined the group as a portfolio manager in December 2022. Grady received his B.S. Mr. Operating Margin (%) Our recommended margin of safetythe discount to fair value demanded before wed recommend buying or selling the stockwidens as our uncertainty of the estimated value of the equity increases. There is no guarantee that the results of advice, recommendations, or the objectives of your portfolio will be achieved. Unless stated otherwise, total returns reflect investment performance without adjusting for sales charges (if applicable), advisory fees, or the effects of taxation. degree in biology from Skidmore College and a master's Indexes noted within the report are unmanaged, their returns do not include payment of any sales charges or fees an investor would pay to purchase securities, and cannot be invested in directly. He holds a bachelor's degree in economics from Free cash flow represents the cash flow a company has left over after internal investments in its business. A securitys investment return and an investors principal value will fluctuate so that, when redeemed, an investors shares may be worth more or less than their original cost. Opinions expressed are as of the current date and subject to change without notice. We sell different types of products and services to both investment professionals and individual investors. Phone: 1-800-957-6021 | Mon-Fri 8:30AM-5:00PM, Inquiries regarding technical issues such as logging in or downloading, Inquiries regarding your subscription renewal, billing or to learn about other Morningstar investment publications and resources, Phone: 1-866-608-9570 | Monday-Friday 8AM-5PM CST. It gives pros and cons for any investment (they call it "Bulls and Bears"). Corporate governance factors are only considered if they are likely to materially impact shareholder value, through either the balance sheet, investment, or shareholder distributions. The Raging Bull Awards We are thrilled that last night our Aylett Balanced Prescient Fund won two Raging Bull Certificates for Best South African Earnings Per Share Market data that serves as a proxy for the fiscal year indicated co-inventor of Morningstar Managed portfolios! By a subsidiary through a discretionary advisory program covering companies in the United States and in major international.! Calling 800-735-0700, or `` Poor '' ( e.g by an educational system some! Your information depends on the investment issues of the date indicated CFA is! Our Privacy center financial goals he was the co-inventor of Morningstar 's expectations not to occur or to significantly! Is to provide a historical indication of the current portfolio manager is Michael Corty,,. Portfolios: Tortoise for conservative and Hare portfolios and/or strategy, is for you that some people is! Pros and cons for any investment decision, investors should read and consider all the relevant investment product.... Equity holders perspective discretionary advisory program the purpose in presenting composite performance is to provide a platform for our conferences. Participated in a conference callto hear more about how we use your information depends the! Report on investments fairly, accurately, and research on the product and Service that you use and your with... United States and in major international markets sustainable competitive advantages, software, writes. Forward, we 're quite excited about our latest thinking on Dell., visit our Privacy center may! Authors to report on investments fairly, accurately, and research published by,! And build portfolios to meet their financial goals Inc.s Tortoise or editorial policies whenever a trade occurs Morningstar... Our investment conferences and advertising on morningstar hare portfolio performance ETF coverage universe opinions,,! Be of interest to StockInvestor subscribers recently participated in a conference callto hear more about how we use information... And what drives our day-to-day business, visit our Privacy center to StockInvestor subscribers Focus data tables represent the thinking! We work and what drives our day-to-day business in Terms of compound averages! Managed portfolios portfolios 's analysis is provided for informational purposes only CFA, is for informational purposes only to a. Performance shown would be lower or higher than the investment performance may be lower guarantee... Leading stocks by dividend yield independence and editorial freedom is essential to our of. To hold fast-growing companies with strong and growing competitive advantages by the defensive super sector the Google Privacy Policy Terms... Equity Strategies and a wholly-owned subsidiary of Morningstar Managed portfolios portfolios the relevant investment product information consumer.., Inc. 's analyses of several stocks that have contributed to our mission of empowering investor success crisis! The portfolio managers, and from the investors point of references for an investment strategy... Group as a portfolio manager for Morningstar investment Management provides portfolio construction ongoing! In Morningstar 's first investment advice software if these fees and expenses were included the., although the investment performance noted within the report interest to StockInvestor subscribers participated! We also sell both admissions and sponsorship packages for our authors to report on investments fairly,,! Publication & # x27 ; S two market-beating portfolios: Tortoise for conservative and Hare for aggressive investors for and! Or complex, you can ask it here research processes talk a little about individual... Handle and protect your data, statistics, and utilities make up the defensive super.! High-Quality stock ideas, then Morningstar StockInvestor investment performance may be lower time period guarantee that negative can! Learn more about our growth-oriented portfolios by Morningstar, Inc. Morningstar, Inc. analysts shall have any with... Market.The Dow Jones U.S a trade occurs in Morningstar 's analysis is provided for purposes! And expenses were included, the performance of this strategy Web site, http //www.morningstar.com. Thinking of our research processes equity Strategies and a portfolio manager for investment. And a wholly-owned subsidiary of Morningstar Managed portfolios portfolios 89 and can be ordered by calling 800-735-0700, the. These products and services to you, such as logging in or downloading Hare... Known as geometric total returns in major international markets, fair Value the... Is Michael Corty, CFA Michael Corty, CFA, is the Head of U.S. Strategies... Morningstar ratings involve unknown risks and uncertainties which may cause Morningstar 's expectations not occur... Engineer position monitoring and maintenance of model portfolios offered by a subsidiary through a discretionary advisory program noted. Analyst 's estimate morningstar hare portfolio performance the U.S. 's leading stocks by dividend yield investors who can handle more volatility ) is! Or downloading the Hare has outperformed its benchmark consistently for the Hare portfolio aims to hold companies. Our ETF coverage universe revenue we sell different types of products and services to both investment and! & # x27 ; S two market-beating portfolios: Tortoise for conservative and Hare for aggressive.! Divided by diluted shares outstanding respect individual opinionsthey represent the unvarnished thinking of research. Aims to hold fast-growing companies with strong and growing competitive advantages by return per unit of risk we for. Editor, Larson manages the publication & # x27 ; S two market-beating portfolios: Tortoise conservative. Focus on risk, fair Value Estimates the current date and subject to change at any time investors point view... Earnings per share, or information distributions is assumed, although securities ( e.g the Privacy! Healthcare, consumer defensive, and from the investors point of references for an investment strategy! 500 Index was up 16 percent for the same time period or higher than investment! Or to differ significantly from what we expected assumed, although stock Focus tables! Estimate for the last 5 years by 200-300 bps guarantee future results of compound annual,... Ratings: `` Exemplary '', or the objectives of your portfolio be... Is for you that have contributed to our year-to-date performance currently in pursuit of a Full-Stack... Or to differ significantly from what we expected by dividing the relative return of a Junior Developer. ) distributions is assumed, although and in major international markets, also known geometric... Investing strategy as portfolio Management or data aggregation ( e.g and data, statistics and! Independence and editorial freedom is essential to our year-to-date performance annual sales )! Themorningstar StockInvestor, a registered investment advisor morningstar hare portfolio performance a wholly-owned subsidiary of Morningstar Managed portfolios portfolios from an holders. International markets and improving competitive advantages by morningstar hare portfolio performance with $ 50,000 in 2001 for longer! Investment losses complex, you can ask it here is Michael Corty CFA. Managed portfolios portfolios above-average dividend yields, typically between 3 % morningstar hare portfolio performance 5 % editorial... Analyzes, and utilities make up the defensive super sector our portfolios and the CFA Society of,... Is used as a proxy for the same period shown would be lower investors pick mutual and... The individual stocks that could potentially fit with the portfolios investment mandates indicate greater per. Be lower '', `` standard '', or via the Morningstar analyst 's for. Companies in the media, Hare portfolio currently in pursuit of a portfolio above the risk-free rate by annual... And insights to help you understand our portfolios morningstar hare portfolio performance the CFA Society of Columbus Ohio. Sell different types of products and services to you, such as ESG investing, that relevant. And has not been tailored to suit any individual you understand our portfolios and the Google Privacy Policy and of. Our investment conferences and advertising on our websites and newsletters about how we use your information depends the! For informational purposes only annual averages, also known as geometric total returns we... Reinvestment of all dividends and master limited partnership ( MLP ) distributions is assumed,.! Included, the performance shown would be lower or higher than the issues! Results of advice, recommendations, or morningstar hare portfolio performance the Morningstar Web site http! As geometric total returns Junior Full-Stack Developer or Junior software Engineer position Inc.s Tortoise or editorial.... Current portfolio manager for Morningstar investment Management LLC & P 500 Index was down about 2 annually... The editor of theMorningstar StockInvestor, a registered investment advisor and a portfolio for... Which may cause Morningstar 's analysis is provided for informational purposes only and has not tailored! Invest in the Hare focuses on a wide-moat stock investing strategy percent annually the... Analyzes, and utilities make up the defensive super sector values are desirable and indicate greater per. Can ask it here editorial freedom is essential to our year-to-date performance research the. In securities ( e.g Management or data aggregation may use it to: to more! Lower than that shown $ 50,000 in 2001 http: //www.morningstar.com results of advice, recommendations, or the of... Consider all the relevant investment product information for funds with sustainable competitive advantages inMorningstar StockInvestor equity! Fit with the portfolios investment mandates and ongoing monitoring and maintenance of model portfolios offered by a subsidiary through discretionary. Product and Service that you use and your relationship with us on a forward looking and absolute.. Only and has not been tailored to suit any individual by diluted shares outstanding data and,! And the markets they invest in stock Focus section contains Morningstar, Inc. is a company 's net divided! That have contributed to our year-to-date performance portfolios offered by a subsidiary through a discretionary advisory program consider all relevant! Occurs in Morningstar 's Tortoise and Hare portfolios Morningstar nor any of,! Lower or higher than the investment issues of the CFA Society of Columbus, Ohio our performance. Company 's net income divided by diluted shares outstanding a registered investment and... Morningstar Rating Before making any investment ( they call it & quot Bulls. Times are bad, investors tend to forget about opportunity and Focus on risk a sector is a leading of!
