Morningstar

The Morningstar tab include information including: Rank Within Category, Score and Ratings Summary, and the Morningstar Style BoxTM. An explanation of each of the tables is included below the table. The Morningstar Style BoxTM explanation is viewed by clicking on the question mark icon next to the title.

Morningstar Style Box™

The Morningstar Style Box™ is a Morningstar data point that provides a visual representation of the investment style of stocks and mutual funds. Knowing the style of a fund can help you make informed comparisons of one fund to another and build a diversified portfolio that includes a wide variety of investment types.

The Morningstar Style Box is a nine-square grid along which the vertical and horizontal axes represent different fund characteristics.

When referring to stocks and stock funds, the vertical axis is used to classify securities in small, mid and large-size market capitalization. A style category is assigned to a fund along the horizontal axis. The style may be value, growth or blend.

When referring to fixed income funds, the vertical axis is used to classify credit quality and the horizontal axis depicts the fund's sensitivity to changing interest rates.

Use the easy-to-interpret style box for you a quick look at a fund's style to help you complete your research process.

Morningstar Rating

The Morningstar Rating™ assesses a fund's past performance based on both risk and return and assigns a measurement to the fund of one through five stars. The rating system is designed to allow you to analyze funds that use similar investment strategies and determine distinguishing performance factors that may impact your research process.

The one- through five-star Morningstar Rating™ scale attributes stars to a fund based on that fund's performance to similar securities. A five-star rating indicates that the fund is in the top 10 percent of its Morningstar Category. Four stars are given to the next 22.5 percent, three to the middle 35 percent, two to the next 22.5 percent, and one star is assigned to funds in the bottom 10 percent of their Morningstar Category.

Rank Within Category

The Rank Within Category graph shows the fund's quartile rank measured against its Morningstar Category peers over the last three months, one year, three years, five years and ten years. Based on risk and return performance scores, each fund in a Morningstar Category is assigned to one of four quartiles. The top 25 percent of funds within each Morningstar Category are assigned to the first quartile. The funds with the lowest performance are grouped together in the fourth quartile.

Use the Rank Within Category graph to analyze a fund's past performance against its peers.

The tools described in this article are for information purposes only and their use does not guarantee a profit. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security. Investors should fully research any security before making an investment decision.