(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)

— 16.0 2.4 95,785 a 17

y 15 d 14 — 57 2 97 1 0

6 — 1.06 — 3,739 —

WVALX 7 24.0 2.0 45,149 a 23

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

1.18 45.96 1,124 Management Team

— 15.1 1.9 84,446 y 20

o 13 d 13 — 58 2 97 0 1 o 17 a 15 61 22 0 99 0 1

7 — 1.1 — 2,365 —

PNBDX 1 13.5 1.6 66,116 y 25 AAGPX 1 14.2 1.6 69,657 y 25 TWEIX 1 16.6 2.2 49,718 y 19 TWVLX 1 15.8 1.9 45,133 y 21 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 15.8 2.1 44,670 s 30 GSFTX 1 15.6 2.5 88,342 y 17 DHLAX 4 15.5 1.9 59,823 y 26 DODGX 4 16.6 2.0 67,328 a 23 BVEFX 1 15.2 2.0 37,945 a 19

6 NL

1.11 21.74

767 Management Team

d 13 a 12 193 34 4 95 0 0 16 NL

0.94 29.79 11,764 Management Team 0.93 9.28 10,077 Management Team 0.98 9.05 3,732 Management Team 0.61 37.19 33,316 Management Team

d 17 o 15 86 57 3 76 2 20 o 16 d 14 137 49 3 97 0 0 d 15 a 11 241 18 7 92 1 0 y 14 o 12 153 19 2 98 0 0

7 NL 8 NL

7 5.75

0.6

8 5.75

42.4 72,788 Management Team

y 24 o 16 36 58 8 87 0 6 14 NL d 21 y 18 124 9 9 91 0 0 15 NL

1.04 15.01 1,461 Management Team

1.25 20.85 0.93 19.83

289 J. Jeffrey Auxier (15.1) 320 Management Team

y 18 o 14 62 38 5 95 0 0 a 14 d 14 85 19 0 100 0 0 d 14 p 12 50 21 3 97 0 0

3 NL 4 NL

0.79 19.7 8,758 Management Team

0 5.00 1.05 23.03 2,948 Management Team

0.52 182.53 57,247 Management Team 1.02 42.61 8,379 Bruce Berkowitz (14.7) 0.65 26.23 5,457 Scott Offen (2.8) 0.66 63.06 9,792 Management Team

y 23 d 19 75 15 1 99 0 0 17 NL

1 11.2 0.6 41,300 y 82 1 15.3 2.1 68,616 y 22 1 15.0 2.0 53,492 y 23 1 14.9 1.6 42,512 y 21

t 9 u 8 31 16 3 83 8 6

FAIRX FEQTX FEQIX

0 NL

o 15 d 13 141 86 0 100 0 0 11 NL o 16 s 13 250 43 4 91 1 5 11 NL

d 14 s 13 155 24 6 85 4 4 25 5.75 1.09 30.48 16,588 Management Team

TESIX

GOODX 2 14.8 1.4 10,360 y 34 ACSTX 1 15.3 1.7 63,128 y 24

a 26 o 15 37 12 28 71 1 1 13 NL

1.1 29.87

536 Pitkowsky/Trauner (3.3/3.3)

o 18 d 14 77 11 4 96 0 0 17 5.50 0.82 25.75 12,916 Management Team d 13 o 13 87 29 4 96 0 0 15 5.50 0.82 29.31 9,317 Management Team

1 16.5 1.7 54,451 y 28 4 16.3 1.9 67,713 y 21 4 15.8 1.9 79,430 y 22 1 16.7 2.0 61,928 y 22

ACGIX ICAEX ICSLX JPLTX

d 15 t 14 44 50 1 99 0 0 11 NL

0.9 55.03 1,180 Management Team

t 15 o 14 31 55 3 97 0 0

7 NL

0.9 51.53 5,424 Management Team

d 22 a 10 92 34 5 94 0 1 11 NL

0.88 17.02

147 Perkins/Preloger (5.7/5.7)

0.35 15.55 3,839 Management Team 0.93 53.26 2,451 Management Team 0.67 34.64 30,026 Brian Rogers (28.8) 0.84 37.33 20,726 Mark Finn (4.7) 1.11 17.13 1,145 Diane Jaffee (12.7) 0.3 31.91 17,385 Management Team 26.8 12,229 Michael Perre (7.7) 0.3 17.34 1,081 Management Team 0.09 32.27 32,061 Gerard O’Reilly (19.7) 0.36 39.68 49,159 Management Team 0.37 22.28 17,819 Management Team 0.19

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

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 2 98 0 0 s 14 y 12 400 13 0 100 0 0 o 14 d 13 221 75 1 99 0 0 d 14 o 12 319 25 0 100 0 0 a 13 d 13 164 34 2 98 0 1 13 NL 1 NL 0 NL 1 NL d 17 a 13 260 27 2 98 0 0 11 NL a 18 d 15 143 40 3 97 0 0 19 NL 6 NL 4 NL 8 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 0 100 0 0 t 22 p 18 41 8 7 93 0 0 t 16 a 15 197 27 7 92 0 1 y 17 a 13 52 20 0 99 0 1 10 NL 7 NL 3 NL 8 NL 2 NL 7 NL 8 NL 8 NL 3 NL t 18 a 18 — 74 2 98 0 0 p 26 t 19 44 23 5 91 4 0 3 NL p 17 a 15 98 70 0 100 0 0 10 NL

1 15.4 1.8 44,651 y 21 1 15.5 1.9 42,793 y 22 1 15.8 2.3 84,587 y 16

TRVLX TGIGX VEIPX

VHDYX 1 15.6 2.2 88,326 a 17 VUVLX 1 15.1 1.8 31,727 y 23

1 15.0 1.8 72,432 y 21

VVIAX

VWNFX 1 14.2 1.8 64,593 y 22 VWNDX 1 15.6 1.8 33,497 y 24

— 22.7 3.3 8,758 p 20

7 — 1.28 — 1,240 —

AKREX 7 24.4 3.3 16,894 y 30 TWHIX 8 25.0 4.2 10,631 t 23 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 27.9 3.4 6,450 t 27 CIPMX 5 18.7 2.5 7,405 d 23 ACTWX 8 19.8 2.4 4,946 p 27 ACRNX 8 20.9 2.6 3,672 p 26 FAMVX 8 19.6 2.3 10,475 y 31 FMCSX 8 20.0 2.5 6,341 p 17 BIOPX 8 31.7 4.3 5,405 a 39

1.36 22.19 3,214 Management Team 1.0 26.95 5,803 Hollond/Walsh (7.5/6.5)

6 Clsd 1.29 49.56 9,403 Management Team

1.32 66.13 2,698 Andrew Peck (11.1) 1.3 72.63 7,825 Ronald Baron (19.7)

1.37 19.43 1.01 19.93 1.3 15.49 1.03 25.97

462 Michael Lippert (8.5)

580 Gasaway/Male (12.7/12.7) 698 Management Team 731 Robert Chalupnik (3.3)

0.79 37.27 18,861 Frank/Mohn (0.7/10.7)

1.2 66.29

917 Fox/Putnam (14.3/27.7)

0.81 39.47 9,140 John Roth (3.5)

16.1 1.7 51,935 22.9 4.1 11,175

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