Morningstar Portfolio Manager is a free Android application developed by Morningstar Inc. that falls under the category of Business & Productivity, specifically Finance. This powerful tool allows users to create and monitor portfolio characteristics and performance over time.

With Morningstar Portfolio Manager, you can effortlessly enter actual transactions and keep track of your investment portfolio. Alternatively, you can simply check on your portfolio's current allocation without the need to make any changes. This flexibility caters to both active traders and passive investors.

One of the standout features of this app is its integration with Morningstar's renowned rating system. Users can easily access Star Ratings and Analyst Ratings to gauge the quality and potential of their funds. Additionally, the app provides comprehensive risk statistics, a Style box, and performance data at the portfolio level.

Morningstar Portfolio Manager supports both Watchlist and Transactional portfolios, making it suitable for a wide range of users. Whether you're a seasoned investor or just starting out, this app provides the tools you need to efficiently manage and monitor your investment portfolio.