Methodology Papers

After Tax Return (PDF)

Attribution Methodology (PDF)

Attribution Inferring Weight Methodology (PDF)

Data Point List - Global (XLS)

Estimating Portfolio Style in U.S. Equity Funds (PDF)

Flexibility Measure (PDF)

Geometric Average Capitalization (PDF)

Fixed Income Survey Guidelines (PDF)

Gross Returns Methodology (PDF)

Holdings-Based and Returns-Based Style Models (PDF)

Indexes Reference (PDF)

Investor Return (PDF)

Investor Return Fact Sheet (PDF)

Modern Portfolio Theory Statistics (PDF)

Morningstar Categories - Australia (PDF)

Morningstar Categories - Canada (PDF)

Morningstar Categories - Europe & Asia (PDF)

Morningstar Categories - Hedge Funds (PDF)

Morningstar Categories - Hedge Fund of Funds (PDF)

Morningstar Categories - U.S. (PDF)

Morningstar Category Average Calendar Year Methodology (PDF)

Morningstar Category Buffering Rules (PDF)

Morningstar Category Mapping - Global (XLS)

Morningstar Institutional Categories (PDF)

Morningstar Ownership Zone (PDF)

Morningstar Rating (PDF)

Morningstar Rating - Fractional Weights (PDF)

Morningstar Rating Fact Sheet (PDF)

Morningstar Rating for CITs Fact Sheet (PDF)

Morningstar Rating for ETFs Fact Sheet (PDF)

Morningstar Rating for Hedge Funds (PDF)

Morningstar Rating for Hedge Funds Fact Sheet (PDF)

Morningstar Rating for Separate Accounts Fact Sheet (PDF)

Morningstar Style Box Equity (PDF)

Morningstar Style Box Fixed Income (PDF)

Morningstar Style Box Equity Fact Sheet (PDF)

Morningstar Style Box - Rescaling the Fund Centroid (PDF)

Potential Capital Gain Exposure (PDF)

Return Calculation of U.S. Treasury Constant Maturity Indices (PDF)

Sectors Fact Sheet (PDF)

Shorts and Derivatives (PDF)

Standard Deviation and Sharpe Ratio (PDF)

Stewardship Grade Fact Sheet - Funds (PDF)

Stewardship Grade Fact Sheet - Stocks (PDF)

Target Date Rating and Report Fact Sheet (PDF)

Tax Cost Ratio (PDF)