Morningstar Risk Rating

Morningstar Risk Rating

A measure of a mutual fund's risk compared to other, similar mutual funds. For example, it may compare the volatility of a bond fund to other bond funds. A mutual fund with average risk receives a Morningstar risk rating of 1. Riskier funds receive higher ratings.
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In addition, the Fund received a Morningstar Return rating of High and a Morningstar Risk rating of Below Average.
In addition, the Fund received a Morningstar Return rating of Above Average and a Morningstar Risk rating of Low.