Why isn’t a star rating showing for a fund?
To assign a star rating to a fund, there must have at least three years worth of performance history for the fund. The fund must belong to a category in which there are at least ten funds in total. In addition, the fund must be in a category Morningstar provides ratings for. In extreme cases where the funds in a category vary widely in their risk factor exposures (i.e., it is a “convenience category”), a star rating would have little value and is not assigned. To receive a star rating for the current month, we must receive performance data by the fourth working day of the new month.
