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Rating:Morningstar Adjusts its Target-Date Fund Microscope Not Rated 4.0 Email Routing List Email & Route  Print Print
Tuesday, February 17, 2009

Morningstar Adjusts its Target-Date Fund Microscope

by: Armie Margaret Lee

The Wall Street Journal has picked up on Morningstar's announcement earlier this month about the change in the way it evaluates target-date funds. Previously, the Chicago firm had three categories for the funds -- those maturing in 2000-2014, 2015-2029 and 2030+. With fund firms rolling out funds with maturity dates in five-year increments, Morningstar tweaked its system to reflect the trend. It now uses 10 categories, including a category for funds aimed at providing income for those already in retirement. 

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