Screener | Morningstar Help Centre

Overview:

The Morningstar Screener is a powerful investment filtering tool designed to help users efficiently find stocks, ETFs, and funds. It allows investors to identify investment opportunities based on specific criteria such as ratings, valuations, and performance metrics, enabling customized filtering and comparison for more informed decision-making.

Additional tools such as the "Sustainable Income" list are available to help investors identify consistent dividend payers, offering curated lists to complement the customizable screener features.

Accessing the Investment Screener Tool

To utilize the Investment Screener for Stocks, Funds, and ETFs, follow these steps:

Click on the "Discover Investments" from the menu located on the left.
Under the "Discover Investments", click on "Screeners" from the available list
Click on "Add Filter" and select the specific investment type you are interested in (e.g., Stocks, Funds, or ETFs).
Once the investment type is selected, click on "Filters" located on the left side of the screen. Choose your desired filter criteria, scroll down for additional options.
Click "Apply" located at the bottom right to view the results that match your selected criteria.
To save your filter criteria for future use, click "Save" located on the left.
Enter a name and description for your filters, then click "Save" at the bottom.
Once the filter criteria is saved you will not be able to edit or view the saved filter criteria.

Please note: You cannot export screener results

Managing Securities Directly from the Screener

After applying filters and generating a list of securities in the Screener, you can perform several actions directly from the results:

Access Actions Menu: Click on the three dots located under "Actions" on the right side of the webpage.
Create Watchlist: From the actions menu, you can add selected securities to a new or existing watchlist.
Add an Alert: Set up alerts for specific securities to be notified of changes in price or other key metrics.
Compare Securities: Directly compare selected securities side-by-side to evaluate their characteristics and performance.

For curated investment ideas beyond the screener, explore the "Investment Ideas" section within the "Discover Investments" tab. Here, you can access lists like the "Sustainable Income" that highlight consistent dividend-paying stocks.

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Finding Undervalued Stocks Using the Investment Screener

Additionally, you can explore the "Sustainable Income" list in the "Investment Ideas" section for pre-screened options. This list showcases stocks with consistent dividend yields and complements the screener tool by providing ready-made investment ideas.

The Investment Screener can be effectively used to identify potentially undervalued stocks. Follow these steps to generate a list of such opportunities:

Navigate to screeners under Discover investment from the Menu located on the left.
Click on "Add Filter" and choose "Stocks" as the investment type.
Click on "Filter" located on the left side of the screen and scroll down to the "Valuation" section.
Within the "Valuation" section, select "Five Star" and "Four Star" Morningstar Ratings. These ratings indicate that Morningstar analysts believe the stock is trading below its fair value.
You may choose to add any other relevant criteria to further refine your search.
Click "Apply" located on the right to view the list of stocks that meet your criteria for being undervalued.

Viewing Performance of Securities in the Investment Screener

Once you have a list of securities from applying filters in the Screener, you can easily view and sort their performance data:

Click on the "Performance" Column View option. This will display various performance metrics for the listed securities.
To sort the securities based on a specific performance metric, click on the desired column name (e.g., "1 Year Annualized," "3 Year Annualized"). Clicking again will reverse the sort order.

Identifying Best Funds Using the Investment Screener

The Investment Screener is also a valuable tool for finding high-quality funds. Here's how to access a list of potentially "best funds" based on Morningstar's criteria:

Navigate to screeners under Discover investment from the Menu located on the left.
Click on "Add Filter" and choose "Funds" as the investment type.
Under the "Overview" section, select "Management style: Active."
Click on "Morningstar Ratings" and select "Gold." This rating signifies funds that Morningstar analysts believe have a high likelihood of outperforming their benchmarks over the long term on a risk-adjusted basis.
Click "Apply" to view the results that meet these criteria.

Accessing Your Saved Filters and Screeners

You can easily access any pre-built filters or custom screeners you have created and saved on the Morningstar Investor Australia website.

To do so, follow these steps:

Log in to your account on the website.
Click on your name, which is located in the top right corner of the webpage.
From the dropdown menu, click on "Saved filters" to view both your custom-created filters.