|Expense Ratio (net)||0.92%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||High|
|Beta (5Y Monthly)||-0.03|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Dec 30, 1996|
“Bond Yields Hit Record Lows” is a headline that has been used repeatedly as Treasury yields fall below previously unimaginable levels. Today, some of these early and prescient bond bulls still think that investors should continue to hold on to their bonds even after yields have plunged to 0.74% for the 10-year note or 1.29% for the 30-year bond in a manic flight to quality due to fears over the impact of the coronavirus.
Today, Morningstar revealed the winners of the 2019 Morningstar Awards for Investing Excellence in three categories: Outstanding Portfolio Manager, Rising Talent, and Exemplary Stewards. The winners of each award 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. The Outstanding Portfolio Manager nominees have distinguished themselves over the long haul by delivering excellent returns to their investors, while the nominees for the Rising Talent award include portfolio managers who have excelled over shorter tenures and shown great future promise.
Today, Morningstar revealed the nominees for the Morningstar Awards for Investing Excellence--Outstanding Portfolio Manager. Morningstar analysts nominated five candidates for the award across equity, fixed-income, and multi-asset categories. The winner will be announced during the Morningstar Investment Conference in May 2019.