entity

Morningstar

Facts (3)

Sources

Personal Strategy ® Tax optimization - Empower empower.com Empower 2 facts

measurementThe average tax cost ratio of equity mutual funds is 1.0% to 1.2%, according to Morningstar data.

referenceThe average tax cost for equity mutual funds was calculated based upon Morningstar data for all domestic equity stock funds with 15 years of performance history as of September 30, 2014.

An Exploratory Study of the Wealthy's Investment Beliefs ... financialplanningassociation.org Journal of Financial Planning Mar 1, 2025 1 fact

claimMorningstar reported in January 2024 that passive funds have overtaken active funds in terms of market share.