Premium

Morningstar’s Analysis The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Learn How to Read a Morningstar Analyst Report Compliance & Disclosures

This fund is not currently covered by a Morningstar analyst.

How do we decide what funds to cover?

We’re committed to covering those funds that are most relevant to investors and that hold a significant portion of industry assets. A fund that we do not cover now may become a stronger candidate for coverage in the future if it becomes more relevant to investors because of increased assets under management, a new manager, a new strategy, improved risk-adjusted performance or a change at the parent firm. Funds with suspended coverage or that have never been covered are often those that are both smaller in size and are less widely held by our customers.