(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)

— 16.5 2.5 100,340 a 17

y 16 d 14 — 57 2 97 1 -1

6 — 1.07 — 3,748 —

WVALX 7 24.0 2.0 45,149 a 23

d 18 t 14 40 19 27 73 0 0 15 NL

1.18 44.8 1,124 Management Team

— 15.3 2.0 85,113 y 21

d 13 o 13 — 57 2 97 0 1 o 16 a 14 61 23 0 100 0 0

7 — 1.1 — 2,384 —

PNBDX 1 13.7 1.6 66,129 y 25 AAGPX 1 13.9 1.6 70,086 y 25 TWEIX 1 15.8 2.1 46,722 y 20 TWVLX 1 14.8 1.8 46,534 y 22 AMRMX 1 17.0 2.3 60,399 p 19 AWSHX 4 17.2 2.2 94,039 p 19 ARTLX 1 14.6 1.6 39,776 a 25 AUXFX 1 15.1 2.1 42,934 s 30 GSFTX 1 16.0 2.6 88,048 y 17 DHLAX 4 15.9 2.0 60,855 y 26 DODGX 4 16.6 2.0 67,328 a 23 BVEFX 1 15.2 2.0 37,945 a 19

5 NL

1.11 21.11

767 Management Team

d 13 a 12 189 34 4 96 0 0 15 NL

0.94 28.81 11,764 Management Team 0.93 8.99 10,077 Management Team 0.98 8.73 3,732 Management Team 0.61 35.92 34,059 Management Team 0.6 40.76 74,520 Management Team 1.04 14.57 1,455 Management Team

d 18 o 17 84 57 2 72 2 24 o 17 d 14 133 49 2 96 0 2 d 15 a 11 241 18 7 92 1 0 y 14 o 12 153 19 2 98 0 0

4 NL 7 NL

7 5.75

8 5.75

y 24 o 16 36 58 8 87 0 6 14 NL d 22 y 17 148 11 12 86 1 1 14 NL

1.25 20.28 0.93 19.17

289 J. Jeffrey Auxier (15.0) 320 Management Team

y 18 o 14 62 38 5 95 0 0 d 14 a 13 85 19 0 100 0 0 d 13 p 12 52 21 3 97 0 0

3 NL 4 NL

0.79 18.96 8,758 Management Team

0 5.00 1.05 22.2 2,948 Management Team

0.52 177.09 58,449 Management Team 1.02 41.56 8,379 Bruce Berkowitz (14.6) 0.65 25.41 5,457 Scott Offen (2.7) 0.66 61.28 9,792 Management Team

y 23 d 19 75 15 1 99 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 15.9 2.2 67,521 y 21 1 15.3 2.0 52,837 y 23 1 14.9 1.6 42,512 y 21

o 15 s 12 147 86 0 100 0 0 12 NL o 16 s 13 248 43 4 91 1 5 11 NL

d 14 s 13 155 24 6 85 4 4 25 5.75 1.09 29.76 17,047 Management Team

TESIX

GOODX 2

3.9 1.6 12,558 a 35

y 25 o 15 38 12 17 69 0 14 10 NL

1.1 28.89

536 Pitkowsky/Trauner (3.2/3.2)

ACSTX 1 14.3 1.6 63,322 y 25

o 17 d 15 76 11 5 95 0 0 16 5.50 0.86 24.94 12,916 Management Team d 13 a 11 86 29 3 97 0 0 11 5.50 0.82 28.29 9,317 Management Team

1 15.4 1.7 50,638 y 29 4 15.7 1.9 69,072 y 20 4 15.5 1.8 79,091 y 22 1 16.7 2.0 61,928 y 22

ACGIX ICAEX ICSLX JPLTX

d 16 o 13 44 50 2 98 0 0 t 15 o 14 31 55 3 97 0 0

9 NL

0.9 53.49 1,180 Management Team

7 NL

0.9 50.1 5,424 Management Team

d 22 a 10 92 45 5 94 0 1 11 NL

0.88 16.47

149 Perkins/Preloger (5.6/5.6)

0.35

SFLNX 1 15.3 2.0 56,015 o 16 SSHFX 4 15.9 1.7 46,875 y 21 PRFDX 1 16.1 1.9 47,885 y 19

a 13 s 12 606 10 1 99 0 0

2 NL

15.0 3,835 Management Team

d 18 a 17 44 44 2 98 0 0 17 NL o 17 p 14 117 10 8 91 1 1 d 19 p 13 113 44 2 98 0 0 a 17 p 13 58 18 0 100 0 0 s 14 y 12 397 13 0 100 0 0 o 14 d 14 186 75 1 99 0 0 d 14 o 12 318 25 0 100 0 0 d 13 p 13 169 34 3 97 0 0 12 NL 1 NL 0 NL 1 NL d 18 o 12 267 27 3 97 0 0 11 NL a 19 d 14 142 40 2 97 0 1 19 NL 6 NL 4 NL 9 NL t 24 d 17 72 44 4 96 0 0 t 23 d 15 63 12 1 99 0 0 p 21 a 11 108 10 0 99 0 1 t 22 p 13 61 70 0 99 0 1 a 22 p 21 56 45 1 99 0 0 a 16 y 16 63 50 5 95 0 0 a 18 t 15 318 18 0 98 0 2 t 22 p 18 41 8 7 93 0 0 t 16 a 15 197 27 7 92 0 0 y 17 a 13 52 20 0 99 0 1 10 NL 5 NL 3 NL 8 NL 2 NL 7 NL 8 NL 5 NL 3 NL t 19 a 18 — 74 2 98 0 0 p 26 t 19 44 23 5 91 4 0 3 NL p 18 a 15 99 70 1 98 0 1 11 NL

0.93 51.63 2,451 Management Team 0.67 33.67 30,946 Brian Rogers (28.7) 0.84 35.94 21,319 Mark Finn (4.6) 1.11 16.55 1,145 Diane Jaffee (12.7) 0.3 30.81 17,699 Management Team 0.19 25.82 12,252 Michael Perre (7.7) 0.3 16.63 1,095 Management Team

1 15.4 1.8 44,651 y 21 1 15.6 2.0 43,131 y 21 1 15.3 2.2 83,111 y 16

TRVLX TGIGX VEIPX

VHDYX 1 15.9 2.3 88,471 a 17 VUVLX 1 14.5 1.7 35,955 y 25

0.09 31.18 32,301 Gerard O’Reilly (19.6)

1 15.2 1.9 72,893 y 21

VVIAX

0.36

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

38.3 50,408 Management Team

0.37 21.44 18,341 Management Team

— 24.1 3.3 8,568 p 20

7 — 1.28 — 1,254 —

AKREX 7 24.4 3.3 16,894 y 30 TWHIX 8 24.6 4.1 10,101 t 24 ARTMX 8 27.4 4.3 11,699 a 30 BARAX 8 27.7 3.8 9,305 p 24 BGRFX 8 23.1 3.2 4,003 t 23 BUFMX 8 26.8 3.1 6,315 t 28 CIPMX 5 18.7 2.5 7,405 d 23 ACTWX 8 19.8 2.4 4,946 p 27 ACRNX 8 21.0 2.6 3,744 p 26 FAMVX 8 19.6 2.3 10,475 y 31 FMCSX 8 20.9 2.7 6,443 p 17 BIOPX 8 31.7 4.3 5,405 a 39

1.36 21.56 3,214 Management Team 1.0 25.7 5,803 Hollond/Walsh (7.4/6.4)

6 Clsd 1.29 46.85 9,858 Management Team

1.32 63.09 2,781 Andrew Peck (11.0) 1.3 69.34 8,336 Ronald Baron (19.6)

1.37 18.59 1.01 19.25 1.3 14.92 1.03 24.66

488 Michael Lippert (8.4)

580 Gasaway/Male (12.6/12.6) 698 Management Team 731 Robert Chalupnik (3.2)

0.79 35.41 18,861 Frank/Mohn (0.6/10.6)

1.2 63.57

917 Fox/Putnam (14.2/27.6)

0.81 37.97 9,140 John Roth (3.4)

15.7 1.7 50,676 21.7 3.9 10,593

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