Contents
Unit: Percentage
12b-1 fees are part of the total expense ratio of a mutual fund and are used for advertising and marketing, including commissions to financial advisors.
Unit: Number
The broad market index that serves as a comparison for the fund’s performance.
Unit: Name
The Morningstar category to which the ETF or Fund belongs.
The higher level group that this ETF or Fund’s category is part of with Morningstar’s classification.
A value of 1 indicates that this is an Enhanced Index Fund. Enhanced index funds attempt to better the index by adding value or reducing volatility with selective stock-picking.
The net annual fee that funds or ETFs charge their shareholders.
A value of 1 indicates that this is a fund that invests in other funds as opposed to building a portfolio of stocks.
A value of 1 indicates that this is an Index Fund.
A value of 1 indicates that the fund invests in municipal bonds that are insured against default by a private insurance company.
The firm that issues this fund.
A value of 1 indicates that the fund is geared toward investors of a certain age or with a specific time horizon.
The number of years that the fund manager has held their role.
A 1 to 5 star rating computed by Morningstar to measure measure risk-adjusted return relative to similar funds. The best performers receive a 5.
Unit: Millions of Dollars
The total asset base of the fund in millions of dollars.This metric is updated live when markets are open.
A value of 1 indicates that the fund picks investments for non-economic reasons such as environmental responsibility, human rights, or religious views.
A value of 1 indicates that the fund tracks a benchmark but blurs the line between passive and active investing by using different method than market-capitalization-weighting.
The weighted average style of the funds holdings based on Morningstars Style Box definition.
The percent of the funds holdings that have been replaced over a year. Low turnover ratios reduce costs and the capital gains on which shareholders pay taxes. Index funds can have turnover ratios of just a few percent but aggressive small cap funds and bond funds will have much higher turnovers.
