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| | | | Reconstitution | | | Reconstitution is a critical step in accurately reflecting market and fundamental changes in an index. Because it involves adding and removing holdings based on current data, reconstitution by definition creates turnover in the index portfolio. Morningstar has established reconstitution schedules for each index family that ensure our indexes are representative while reducing unnecessary turnover. All Morningstar indexes are rebalanced regularly to reflect the most current corporate structure, shares outstanding, and free float for each constituent. | |
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Index Family
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Reconstruction Schedule
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Rebalance Schedule
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| | | Style | | Semi-Annual (June & December)
3rd Friday | |
| | | | | Sector | | Semi-Annual (June & December)
3rd Friday | |
| | | | | Global Equity | | Semi-Annual (June & December)
3rd Friday | |
| | | | | Dividend | | Annually (June)
3rd Friday | |
| | | | | Wide Moat | | | | | | | Bond | | | | | | | Commodity | | Annually (December)
3rd Friday | |
| | | | | Asset Allocation | | Annually (June)
3rd Friday | |
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| | | Style | | | | | | | Dividend Yield Focus | | | | | | | Multi-Asset High Income | | | | | | | Wide Moat Focus | | | |
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| | ©Morningstar 2013. All rights reserved. The information contained herein: (1) is not guaranteed to be complete, accurate or timely; (2) is provided solely for informational purposes; (3) shall not be deemed to be an offer to buy or sell any security; (4) does not constitute investment advice; and (5) to the extent it contains any opinion, is provided as of the date written and may not be consistent across Morningstar. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. | |
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