You announced that you had sold your Commodity and Energy data business with your Q3 24 results. Are there further opportunities to divest sub-scale/non-core businesses within the portfolio? Are you considering alternatives for any other segments within your business?

December 13, 2024

On an ongoing basis, we evaluate our product portfolio to allocate investment to the best opportunities for widening our economic moat and driving long-term value creation. As you note, we completed the sale of our Commodity and Energy data business in Q3 24. In addition, effective December 1, 2024, we closed the disposition to AssetMark of roughly $12 billion in assets administered on Morningstar’s Turnkey Asset Management Platform (TAMP) and we plan to sunset our TAMP after clients and assets transition to AssetMark.

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