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M*: Fund Upgrades & Downgrades For July

TedTed
in The Bullpen
FYI: Morningstar rated 149 strategies overall in July. Five of those strategies are new to coverage, including three SMAs.

Amid the updates, manager research analysts affirmed the Morningstar Analyst Ratings of 132 strategies, upgraded seven strategies, and downgraded four. Analysts also placed one fund under review. A select group of ratings are showcased below followed by the full list of ratings for the month.
Regards,
Ted
https://www.morningstar.com/articles/940945/7-upgrades-highlight-july-ratings-changes
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