Reading a Fund Analyst Report
Morningstar Rating for Funds
The Morningstar Rating for Funds, often called the Star Rating, is a data-driven rating that measures how well a fund has performed compared to similar funds. Funds with at least a 3-year record will receive a rating of 1 to 5 stars. All else equal, funds that have beaten most of their peers will receive 4 and 5 stars, while funds that have underperformed will receive 1 or 2 stars.