mutual fund "rating" as part of stock data type

Copper Contributor

Hey All, 

 

Regarding stock data types, what is meant by "rating" for mutual funds? Is this a Morningstar rating? If so, why isn't it a whole number (why are there decimals)?

2 Replies

@AnaerobicMD 

 

Good question. I couldn't find an answer, so posted the same question over on this alternate site (also a Microsoft page).

https://answers.microsoft.com/en-us/msoffice/forum/all/what-is-the-source-and-meaning-of-the-rating/...

 

@mathetes 

 

I don't think I was notified of your reply.  Ironically, I just stumbled upon your reply while researching the same topic.  So, sorry for the delay.  Nonetheless, I followed your reference and I am satisfied with its explanation. 

 

Thanks again for your efforts.