A graphical depiction of the two essential risk factors in any bond fund - interest rate exposure and credit exposure. The Style Box combines two dimensions,
interest rate sensitivity and credit quality, which are measured as either
high, medium or low, resulting in nine possible style combinations.
The Style Box gives an immediate picture of a fund´s focus and enables
investors to perform simple but essential portfolio allocation decisions. For further details and an explanation of the calculation, please refer to the Morningstar Style Box section of Our Methodology on the About Us page.
