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.
The broad market index that serves as a comparison for the fund’s performance.
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.