HSCSX (Homestead Small Co. Stock) and why Morningstar says they don't cover some funds:
This fund mentioned as a "fav" by "challenge_your_limit". Impressive long term performance, plus relatively small total assets of 578 million, which for many investors is viewed as a PLUS. (Especially for small cap funds.) Morningstar's explanation for NOT covering some funds with analyst reports includes this explanation: funds not covered are "both smaller in size and are less widely held by our customers." Although I continue to subscribe to Morningstar, this "explanation" came as an epihany in that: THIS IS EXACTLY THE TYPE OF FUND WHICH SHOULD HAVE FULL COVERAGE BY MORNINGSTAR, so as to alert their customers before the masses jump into the fund and overload its total assets and decrease its formerly nimble and positive performance...........
hope this pasts.. here are ome top holdings hscsx.. today
Security Net Assets
iShares Core S&P Small-Cap ETF 4.79%
iShares Russell 2000 Value Index 4.76%
Olin Corporation (OLN) 3.35%
Cracker Barrel Old Country Store, Inc. (CBRL) 3.31%
UMB Financial Corporation (UMBF) 3.28%
Applied Industrial Technologies, Inc. (AIT) 3.26%
Mantech International Corp Class A (MANT) 3.17%
Manitowoc Co Inc (MTW) 3.04%
Fred's, Inc. (FRED) 3.03%
Harris Teeter Supermarkets Inc (HTSI) 2.98%
Holdings Performance »
Quite true, expecially with small cap funds. By the way, just got a recent issue of Kiplingers.....they are dropping MAPIX from their "Kiplinger 25" because it is closing to new investors. Of course MAPIX is closing so as too not overload its asset base. Think I will stick with it for some time........