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M*: How Morningstar's Fund Ratings Have Performed

FYI: In this piece, we review the performance of Morningstar's different fund rating systems in the United States--the Morningstar Rating for funds, or the "star rating," the Morningstar Analyst Rating, and the Morningstar Quantitative Rating for funds. For further background on the fund ratings, see the appendix at the end of this article.
Regards,
Ted
https://www.morningstar.com/articles/933594/how-morningstars-fund-ratings-have-performed.html
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