(PUB) Morningstar FundInvestor

29

Current Portfolio Style

Costs

Operations

Current Equity Style Box

Average Market Cap ($Mil)

Total # of Hold- ings

Recent Composition (% of Assets) Sales Charge % Cash Stock Bond Other Foreign

Price/ Earn Ratio

Price/ Book Ratio

Turn- over %

Total Assets ($Mil)

Top Three Sectors (% of Stock)

Expense Ratio %

NAV ($)

Portfolio Manager (Tenure Years)

— 14.4 2.0 44,336 a 16

y 16 d 13 — 57 2 94 2 1

9 — 1.06 — 3,682 —

WVALX 7 20.9 2.3 46,665 a 23

d 16 y 14 40 19 30 70 0 0 14 NL

1.18 47.12 1,164 Management Team

— 13.2 1.7 44,880 y 21

d 13 o 13 — 59 3 96 0 1 o 16 d 14 62 23 0 99 0 1

8 — 1.11 — 2,260 —

PNBDX 1 13.2 1.6 63,260 y 25 AAGPX 1 13.6 1.6 69,405 y 26 TWEIX 1 15.9 2.1 46,722 y 20 TWVLX 1 14.8 1.8 46,534 y 22 AMRMX 1 16.2 2.3 54,532 p 18 AWSHX 4 16.4 2.1 91,608 p 22 ARTLX 1 13.6 1.6 42,911 a 26 AUXFX 1 15.1 2.1 42,934 s 30 GSFTX 1 15.6 2.5 83,173 y 17 DHLAX 4 15.3 1.9 59,268 y 26 DODGX 4 15.8 1.9 66,888 y 23 BVEFX 1 14.5 1.9 35,742 a 18

6 NL

1.11 20.85

757 Management Team

d 13 a 12 187 34 5 95 0 0 14 NL

0.93 28.71 11,566 Management Team

d 18 o 17 84 57 2 72 2 24 o 17 d 14 133 49 2 96 0 2 d 16 t 11 242 18 5 91 1 3 y 15 o 11 150 22 1 98 0 1

4 Clsd 0.93 9.07 10,234 Management Team

7 NL

1.00 8.67 3,647 Management Team 0.61 36.31 32,939 Management Team 0.62 41.15 72,329 Management Team 1.04 14.37 1,389 Management Team

6 5.75

8 5.75

y 24 o 18 37 58 8 87 0 6 12 NL d 22 y 17 148 11 12 86 1 1 14 NL

1.25 20.37 0.93 19.02

301 J. Jeffrey Auxier (14.9) 299 Management Team

y 15 o 14 66 38 1 99 0 0 d 14 a 13 85 24 1 99 0 0 d 14 s 13 51 21 1 99 0 0

5 NL 4 NL

0.78 19.03 8,852 Management Team

0 5.00 1.06 22.24 2,854 Management Team

0.52 174.41 55,638 Management Team 1.01 42.02 8,433 Bruce Berkowitz (14.4) 0.63 25.43 5,468 Scott Offen (2.6) 0.64 61.02 9,854 Management Team

a 22 d 20 73 15 2 98 0 0 17 NL

1

4.5 0.6 42,950 y 80

t 9 u 6 27 16 2 82 9 7

FAIRX FEQTX FEQIX

1 NL

1 15.2 2.1 69,065 y 22 1 14.9 2.0 50,862 y 22

o 15 d 13 145 86 1 99 0 0 13 NL o 15 s 13 248 43 3 92 1 4 11 NL y 25 o 15 38 12 17 69 0 14 10 NL

GOODX 2

3.9 1.6 12,558 a 35

1.10 28.89

542 Pitkowsky/Trauner (3.2/3.2)

ACSTX 1 14.3 1.6 63,322 y 25

o 17 d 15 76 12 5 95 0 0 16 5.50 0.86 24.67 12,398 Management Team d 13 a 11 86 29 3 97 0 0 11 5.50 0.81 27.95 9,243 Management Team

1 15.5 1.7 50,638 y 29 4 15.3 1.9 67,894 y 20 1 15.0 1.7 74,656 y 22 1 13.9 1.5 39,026 y 22 4 15.9 1.9 61,192 y 23

ACGIX ICAEX ICSLX TESIX JPLTX

d 17 o 15 44 50 3 97 0 0 o 16 t 14 31 55 2 98 0 0

9 NL 6 NL

0.90 53.50 1,169 Management Team 0.90 50.65 5,374 Management Team

s 14 d 14 167 24 9 83 4 4 25 5.75 1.09 29.76 16,501 Management Team

d 21 a 12 93 45 5 94 0 1 12 NL

0.94 16.46

143 Perkins/Preloger (5.4/5.4)

0.35 14.91 3,461 Management Team 0.93 52.09 2,317 Management Team 0.67 33.89 30,159 Brian Rogers (28.6) 0.84 36.00 19,576 Mark Finn (4.4) 1.11 16.53 1,162 Diane Jaffee (12.6) 0.30 31.17 16,581 Management Team 0.19 25.93 11,599 Michael Perre (7.6)

SFLNX 1 14.2 2.0 51,449 o 15 SSHFX 4 15.9 1.7 46,875 y 21 PRFDX 1 15.0 1.8 45,659 y 20

y 13 a 13 607 10 2 98 0 0

4 NL

d 18 a 17 44 44 2 98 0 0 17 NL

o 15 p 15 118 10 7 92 1 1 d 19 p 13 118 44 1 99 0 0

6 NL

1 14.7 1.8 42,632 y 21 1 14.8 1.9 43,728 y 20 1 15.3 2.2 83,111 y 16

TRVLX TGIGX VEIPX

5 NL

a 17 p 13 55 18 0 98 0 2 10 NL d 13 p 13 169 34 3 97 0 0 12 NL

VHDYX 1 15.4 2.2 86,995 a 16 VUVLX 1 14.5 1.7 35,955 y 25

s 14 y 12 395 13 0 100 0 0 o 14 d 14 186 75 1 99 0 0 d 14 o 12 323 25 0 100 0 0

1 NL 0 NL

0.29 16.67

999 Management Team

0.09 31.16 31,074 Gerard O’Reilly (19.4) 0.36 38.84 48,731 Management Team 0.37 21.52 17,482 Management Team

1 14.8 1.8 71,375 y 21

VVIAX

2 NL

VWNFX 1 13.9 1.7 63,588 y 22 VWNDX 4 14.6 1.8 31,513 y 24

d 18 o 12 267 27 3 97 0 0 11 NL a 19 d 14 142 40 2 97 0 1 19 NL

— 19.4 2.8 7,048 t 20

a 19 p 19 — 75 3 96 0 0 p 25 t 19 38 23 2 94 4 0

7 — 1.29 — 1,251 —

AKREX 7

9.7 3.5 17,416 y 29

3 NL

1.36 21.60 2,979 Charles Akre, Jr. (4.8) 1.00 25.66 5,913 Hollond/Walsh (7.3/6.3)

TWHIX 8 24.6 4.1 10,101 t 24 ARTMX 8 26.7 4.3 11,498 a 32 BARAX 8 26.0 3.7 9,107 t 24 BGRFX 8 22.0 3.2 4,187 t 24 BUFMX 8 26.8 3.1 6,316 t 28 CIPMX 5 19.1 2.5 7,526 d 22 ACTWX 8 20.3 2.4 5,199 p 30 ACRNX 8 21.4 2.7 3,815 p 26 FAMVX 8 19.2 2.2 8,953 y 29 FMCSX 8 20.5 2.5 5,997 p 17 BIOPX 8 28.1 3.8 4,809 a 38

p 18 a 15 99 70 1 98 0 1 11 NL

t 24 d 19 63 44 4 96 0 0 p 23 a 16 64 12 1 99 0 0 p 22 a 13 107 10 4 95 0 1 t 24 p 12 64 70 0 98 0 2 a 22 p 21 56 31 1 99 0 0 a 17 y 15 62 50 0 100 0 0 y 17 a 14 52 20 0 99 0 1 a 18 t 15 329 18 0 98 0 2 p 22 t 20 41 8 4 96 0 0 t 15 a 15 194 46 5 94 1 0

4 Clsd 1.22 46.80 9,367 Management Team

2 NL 6 NL 9 NL 5 NL 3 NL 8 NL 6 NL 3 NL 8 NL

1.32 62.59 2,686 Andrew Peck (10.9) 1.30 70.20 8,199 Ronald Baron (19.4)

1.37 18.06 1.01 18.87 1.30 14.81 1.02 26.43

457 Michael Lippert (8.3)

598 Gasaway/Male (12.5/12.5) 716 Management Team 780 Robert Chalupnik (3.1)

0.78 36.70 19,999 Mohn/Frank (10.4/0.4)

1.19 63.36

930 Fox/Putnam (14.1/27.4)

0.63 40.93 8,892 John Roth (3.3)

Equity Style Box Val BlndGrth

Sectors h Cyclical r Basic Materials t Consumer Cyclical y Financial Services u Real Estate

Bold #  Cheapest Quintile

j Sensitive i Communication Svs o Energy

k Defensive s Consumer Def d Healthcare f Utilities

Lrg Mid Sm

p Industrials a Technology