This investment is not currently covered by a Morningstar analyst. If this investment was previously under analyst coverage, you can find the archived analyses in the Analyst Report Archive.
How Do We Decide What Funds to Cover?

We're committed to covering those investments that are most relevant to investors and that hold a significant portion of industry assets. An investment 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. Investments with suspended coverage or that have never been covered are often those that are both smaller in size and are less widely held. In addition, we do not provide qualitative, analyst-driven ratings or opinions for

  • Investable products that track Morningstar indexes;
  • Investable products where a Morningstar investment management subsidiary performs services including, but not limited to, asset allocation, portfolio construction, or security selection of the investable product;
  • Model portfolios where a Morningstar investment management subsidiary serves as a strategist; or
  • Suites of investable products, such as 529 college savings plans or target-date fund series, where one or more of the underlying investments tracks a Morningstar index or a Morningstar investment management subsidiary performs services including, but not limited to, asset allocation, portfolio construction, or security selection.

Morningstar will present quantitative data on these offerings, including the Morningstar Rating, as well as factual information about management, strategy, and asset allocation, if applicable.

For a list of the open-end funds we cover, please click here.
For a list of the closed-end funds we cover, please click here.
For a list of ETFs we cover, please click here.
To search for 529 college savings plans we cover, please click here.
 
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