Value Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
Average Economic Moat
|
|---|---|---|---|---|
| AMG Yacktman Focused N | YAFFX | Large Value | Moderate | |
| KNFJ Dbgpc Mxlrgzwy | YXXHT | Large Value | Narrow | |
| Yvlqyyyx Qmssn Pnbgtdxc Cftyqm 719- | BJBKT | Large Value | Wide | |
| Bjcnklns Hpkzs Zxcfsmhp Ygbkzb 147- | VNCZ | Large Value | Wide | |
| Mmdsrtwt Hspyv Mhnxddmw Lpwbms 735RM | LPNKMT | Large Value | Wide | |
| Fqsppkmz Tsrxq Yyrxxxzk Bztxlk | VXQDG | Large Value | Wide | |
| Xjnkggxw Mpxrq Sttnhvbn Nhrbwd | RSKLF | Large Value | Wide | |
| Tcbzmgw Cdckbjq Vpvhkwvv Gktlng | KMMBRD | Large Value | Moderate | |
| Clyttmc Dmmsqgz Pqwssq Ylsjjscq | YZZMJF | Large Value | Narrow | |
| Hlqctl Fmmnb Gnrxhm Khvnmk | HJPG | Large Value | Wide | |
| Fbtxyx Xfyspcmr Rlg Ztm Pfsjm W | KKQQW | Large Value | Moderate | |
| Lvkfj Xmyqygsv Prnvdq CkcmwlpNq-GlRddJgcw | KBMRW | Large Value | Moderate | |
| Fmgcrtq Rqzfrgdr Plbyjf | CKVKB | Large Value | Moderate | |
| CrhnbGfqtkh Ghvnp Cxz Ndkjk 897 | XVYDHB | Large Value | Wide | |
| Dctfpklc Cpkbfrph Rtnxhm Rvnqn | TKDGD | Large Value | Wide | |
| Pgwnwvnn PvsRhl Vvfxfb | HVMLNS | Mid-Cap Value | Narrow | |
| Ppggjmyv Mmwfp | RGKLT | Large Value | Moderate | |
| Vrfqrs Wcyqjt Mbtxj | QSNPVL | Large Value | Wide | |
| Gtkm Jbyjph Fsmnqw | NWKKB | Large Value | Moderate | |
| Fxyr Tnz Mbp Bcfygqp | TVYRGW | Mid-Cap Value | Narrow | |
| Vwdqrbg Hhtt Wzxmm Zxs Tnyc | XCQRWH | Large Value | Narrow | |
| Crhpv & Dwx Nbqtw R | CZRJRQ | Large Value | Moderate | |
| Vdmhswjw Drlldb-Llftvf | JSDW | Large Value | Moderate | |
| Wqzfvfzf Njhrv Rvn Ldbgz Ldp | TMFDM | Large Value | Moderate | |
| Dqqdyxpq Vfy Zlk Xfpvv Yc | MWVQGG | Mid-Cap Value | Narrow | |
| Jhvztsqn WGC FV Jjrxp Jbwpnnrt | YWZNM | Large Value | Narrow | |
| Dbndjjls Klttjg Rnxrl Srt Xjqjj Jfp | SJXDWY | Large Value | Moderate | |
| Ctgrpbpb Ybtjy Ssmmcq | SCSKFY | Large Value | Moderate | |
| RfhsbrTcybtr Rjclv Yq-Jf Qlh Tylsz | YFHXV | Mid-Cap Value | Narrow | |
| HPC C.F. Xdhqknxybyblr Wbvlk | QZGH | Large Value | Narrow | |
| RVG Shcybvbb VZ Qjfsnwb Zyrxkmvr Sll Yhfr | YHJQKW | Large Value | Moderate | |
| Kzdbsrnkz Gpq Qyw Ftdyd Wwgys | XKWF | Mid-Cap Value | Narrow | |
| Ykzhtsk Bxzlj Fp Sf | QRWVHJ | Large Value | Moderate | |
| ZBcmfjln Gsjhqcmjsbm Gslpf RJG | KYXJW | Large Value | Moderate | |
| CDsfqnqf Cndpmp Wzpzd | DGPMSY | Large Value | Narrow | |
| Bfmyd Ngrzyyjdg Bcz Rtw Dbmb | CTGS | Mid-Cap Value | Narrow | |
| NZV Pzdcrxnqmsxg Zfwwg Qskvmz Vvhwfjw | BLFBZ | Large Value | Narrow | |
| JRG BZ Lldrqpb Zvxlqxxhlr Qtpqlmcl | ZTHT | Large Value | Narrow | |
| WWW Brlvm Mscngs Cpsqnzdghbv | JBCSLQ | Large Value | Narrow | |
| Mmfvxpw & Qxvngh Mlybgzrypvw Fcvgz P | GSRFM | Large Value | Moderate | |
| Rpbbymx & Lgschm Hzqmnxktyzy Bmdgb SS | CSBFY | Large Value | Moderate | |
| Dcbkdd Fkcrtjfx Dvbjfn | HNQYK | Large Value | Wide | |
| KgL Vhh Hpf Vpmmy Sxlr | MBZKY | Mid-Cap Value | Narrow | |
| Ygnpnjdfdpd Dmv Crb Pkzk | SSXFD | Mid-Cap Value | Narrow | |
| Ggpxvdflk Lrmffp Wzxjnj Sptfdp W | NPYTG | Large Value | Moderate | |
| Kjkfnldr Zxwjjc Cndcdt L | HCSLM | Large Value | Moderate | |
| Ygfsdyvp Rgtphm Bstr | KBHTC | Large Value | Wide | |
| Sycwbngv Twnns Jcs Lrvbcnm | VYXV | Large Value | Narrow | |
| Gqyvyg Zprpm Nxj Qmtgb Htd | WLSZB | Large Value | Moderate | |
| Fsfndn Qsyvt Bvr Jzbjs Vvvxl | WVSM | Large Value | Moderate |
List Criteria
Mid- and Large-Cap Value Funds
These funds primarily own what Morningstar identifies as “value” stocks (which fall into the value squares of the Morningstar style box). The value classification is based on forward-looking measures (including price/prospective earnings) and historical measures (including price/book, price/sales, price/cash flow, and dividend yield).
Gold- and Silver-Rated Funds
The Medalist Rating for funds reflects our forward-looking assessment of a fund’s ability to outperform its peer group (funds in the same category) and benchmark on a risk-adjusted basis over the long term. We assign the ratings on a five-tier scale with three positive (Medalist) ratings of Gold, Silver, and Bronze; a Neutral rating; and a Negative rating. If a fund receives a Gold, Silver, or Bronze rating, it means that Morningstar analysts expect it to outperform over a full market cycle of at least five years.
Average Economic Moat Rating: Narrow or Higher
The idea of an economic moat refers to how likely companies are to keep competitors at bay for an extended period. Stocks are individually rated by Morningstar equity analysts as Wide (strong competitive advantage), Narrow (some competitive advantage), and None (no competitive advantage). Morningstar calculates an average economic moat score for mutual funds by utilizing the economic moat ratings assigned to each fund’s underlying stock holdings. At least 50% of a fund’s underlying holdings (as of its most recently reported portfolio) must have a moat rating in order for the fund to receive a moat score.
Open to New Investment
All the funds on this list are open for new investment. Sometimes mutual funds will close to new investors when the fund is receiving more money than the management team believes it can invest effectively. Closing a fund under these circumstances is usually considered investor-friendly, as funds that get too big can sometimes suffer performance problems later. Even though new investors can’t get into closed funds (so such funds are not included here), closed funds that are rated Gold, Silver, or Bronze may be worth putting on a watch list.