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The Short Answer

Seeing (Hollow) Stars? Here's Why

We detail how Morningstar uses extended return data to show historical performance for newer fund share classes.

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Question: I've noticed that some funds on have Morningstar Ratings for funds that use hollow stars instead of solid stars. What do these hollow stars mean?

Answer: We often get questions about why information is displayed a certain way on Two of the most common questions involve hollow star ratings and italicized performance data, both of which are related to Morningstar's extended performance metrics.

Adam Zoll does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.