FYI: Morningstar Prospects is a list of investment strategies that are not currently covered by Morningstar's manager research analysts but might be in the future. The list provides advance notice of some promising funds that you might want to put on your watchlist.
Prospects strategies remain on the list until the team is comfortable assigning a Morningstar Analyst Rating. Alternatively, they sometimes drop from the list if there are negative fundamental changes, such as investment team turnover or a material change to the investment process, or if investor interest isn't strong enough to maintain coverage.
Regards,
Ted
https://www.morningstar.com/articles/938594/3-fixed-income-funds-to-keep-an-eye-on
