# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Average Market Capitalization

The average market capitalization of a fund's equity portfolio gives you a measure of the size of the companies in which the fund invests.

Market capitalization is calculated by multiplying the number of a company's shares outstanding by its price per share.

At Morningstar we calculate this figure by taking the geometric mean of the market capitalizations of the stocks a fund owns.


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