Morningstar did a 19-page paper that investigated the nature and the performance of the dividend-like funds in Morningstar Direct. If you are a curious investor with a strong affinity towards dividend investing, this paper should intrigue you. I will go through some of the parts that I took notice of, and if it interests you, then you can read the full report. There are probably 348 US-domiciled dividend funds which held just over USD 1 trillion investors’ money.