(PUB) Morningstar FundInvestor

27

Current Portfolio Style

Costs

Operations

Recent Composition (% of Assets)

Total # of Hold- ings

Current Equity Style Box

Average Market Cap ($Mil)

Turn- over %

Price/ Earn Ratio

Price/ Book Ratio

Sales Charge %

Total Assets ($Mil)

Top Three Sectors (% of Stock)

Expense Ratio %

NAV ($)

Cash Stock Bond Other Foreign

Portfolio Manager (Tenure Years)

— 17.5 2.8 38,916 a 25 7 17.0 3.2 45,355 a 25

t 17 d 14 — 70 3 96 0 0 t 19 p 12 417 21 0 100 0 0 t 18 d 16 332 49 2 98 0 0

7 — 1.21 — 1,790 —

0.10 41.23 30,988 Gerard O’Reilly (18.4) 0.40 22.73 9,568 Management Team 0.50 17.70 5,461 Management Team 0.45 83.12 34,597 Management Team

VIGAX

1 NL 5 NL

VMRGX 7 17.1 2.8 33,103 a 28 VPCCX 7 16.2 2.8 43,478 d 31 VPMCX 7 16.7 2.9 49,874 d 33

a 25 p 14 142 10 4 96 0 0 16 Clsd a 31 p 14 124 6 3 97 0 0 13 Clsd

— 14.1 2.0 43,593 a 16

y 15 d 13 — 66 2 93 2 1

9 — 1.10 — 2,925 —

AMANX 4 15.2 3.2 43,206 p 19 ANCFX 7 15.6 2.2 47,131 p 15

s 19 d 18 65 3 3 97 0 0 19 NL y 14 a 14 243 28 4 94 1 1 19 5.75 o 15 s 13 232 21 8 91 1 1 10 5.75

1.20 38.79 1,433 Kaiser/Klimo (23.4/0.7) 0.65 46.53 57,997 Management Team 0.62 34.28 61,863 Management Team

4 13.7 2.2 62,079 a 16

AIVSX

BBTEX 4 15.8 2.3 67,042 y 23

a 15 d 15 34 14 11 89 0 0 11 Clsd 1.00 19.72 5,418 Hartch/Keller (7.7/4.6)

0.15

4 13.9 2.1 137,866 a 23

y 18 o 13 38 33 0 100 0 0 y 28 p 10 21 360 0 126 -26 0

BRLIX

0 NL

9.70

473 Management Team

CGMFX 1 10.2 1.3 15,578 t 45 CFIMX 7 15.1 1.5 41,705 y 61 UMBIX 4 14.7 2.0 66,032 y 19 NYVTX 7 14.8 1.6 42,438 y 38 DSEFX 4 13.2 1.9 25,282 a 20 DGAGX 4 14.1 2.5 111,345 s 30 FDGFX 7 15.2 1.9 20,556 a 17 FUSEX 4 14.6 2.1 59,362 a 17 FSTMX 4 15.1 2.0 33,694 a 16 FEVAX 4 14.7 1.9 25,333 a 21 FMIHX 4 15.8 2.3 38,886 p 23 GABAX 4 15.4 2.2 14,901 p 20 JSVAX 7 14.2 2.7 10,978 p 29 MUBFX 4 12.5 1.8 49,664 y 16 MPGFX 4 15.8 2.6 16,429 p 31 MUHLX 4 12.9 1.4 22,249 y 25 FLCSX 4 13.6 1.6 45,595 y 24 LLPFX 4 15.9 1.4 23,536 y 33

2 NL

1.10 35.38 1,584 G. Heebner (15.8) 0.75 81.48 1,169 Davis/Feinberg (7.4/7.4) 0.94 51.51 2,282 Pope/Smith (4.3/4.3)

s 20 a 10 26 6 5 95 0 0 12 NL

a 18 d 15 80 64 0 100 0 0

5 NL

s 14 a 11 78 11 2 98 0 0 17 4.75 0.90 40.70 20,270 Davis/Feinberg (17.7/15.1)

y 15 d 11 142 94 1 98 0 1

7 NL

1.25 37.86

854 Donald Tunnell (4.1)

o 19 d 12 64 0 2 98 0 0 17 NL y 14 d 14 553 63 0 99 0 1 16 NL

0.97 47.96 5,893 Management Team 0.91 34.05 8,045 Lawrence Rakers (4.7) 1.02 24.13 1,572 Matthew Fruhan (8.1) 0.10 57.95 58,487 Management Team 0.10 47.54 17,638 Management Team 0.96 20.02 7,806 Management Team 1.38 59.65 3,196 Management Team 0.74 17.48 2,926 Daniel Kozlowski (2.4) 0.91 30.00 8,136 Cates/Hawkins (19.2/26.2) 0.89 40.52 2,180 Management Team 0.70 97.32 3,136 Frels/Henneman (13.5/7.4)

d 16 a 15 190 64 0 100 0 0 y 15 d 12 505 4 1 99 0 0 y 14 t 12 3,279 3 2 98 0 0 y 20 p 13 85 14 19 72 2 7

8 NL 2 NL 3 NL

6 5.00 1.17 19.35 3,260 Management Team

y 20 s 13 33 21 6 94 0 1 16 NL s 20 t 19 520 4 1 99 0 0 17 NL t 17 d 16 45 53 0 99 0 1 25 NL

p 15 i 13 22 26 17 82 0 1

6 NL

d 16 t 14 190 40 2 98 0 0 14 NL

d 17 r 13 47 2 5 95 0 0 a 19 t 18 45 38 5 95 0 0

0 NL 9 NL

1.26 62.29

468 Ronald Muhlenkamp (24.6)

4 12.6 1.5 26,992 a 18

y 17 s 16 145 43 11 83 4 2 33 5.75 1.13 15.21 3,987 Correa/Hormozi (6.3/3.5)

TEBIX

OAKMX 4 13.3 1.5 48,557 y 29 OAKLX 4 13.4 1.2 28,158 y 28

a 21 p 14 55 27 7 93 0 0 a 25 d 11 22 32 6 94 0 0 p 21 a 17 42 24 6 94 0 0 a 25 p 25 31 14 5 95 0 0 y 15 d 12 503 2 3 97 0 0 y 14 p 12 2,471 3 2 97 0 0 a 19 y 13 106 11 6 94 0 0 14 NL 0 NL 4 NL 3 NL s 16 a 11 79 7 3 96 0 0 18 NL 8 NL 9 NL 5 NL

1.03 56.74 9,615 Grant/Nygren (13.2/13.2)

1.05 35.48 3,754 Management Team 0.90 33.74 6,350 Ahlsten/Allen (12.1/1.1) 0.66 18.79 1,681 Management Team

4 18.9 2.8 23,571 s 23

PRBLX

POSKX 4 16.0 2.7 38,278 d 32 RSEMX 4 13.9 2.5 21,638 t 26 SWPPX 4 14.0 2.0 56,135 a 17 SWTSX 4 14.3 1.9 31,824 a 16 SLADX 7 15.7 1.7 42,761 y 36 PRDGX 4 15.7 2.4 39,197 y 17 TVAFX 7 14.5 1.6 26,014 d 18 TORYX 1 13.6 2.2 39,007 y 22

1.36 13.80

150 Charles Dreifus (2.4)

0.09 25.59 14,961 Management Team

0.09 29.77 2,702 Hong/Juwono (1.3/0.3) 0.61 48.29 5,663 Davis/Feinberg (18.5/15.1) 0.67 30.03 3,324 Thomas Huber (13.2)

p 16 d 15 121 12 5 95 0 0

3 NL

t 16 a 16 55 54 1 94 0 6 24 4.50 1.32 37.85 1,016 Browne/Maran (7.3/7.3)

a 18 p 16 32 17 5 95 0 0 y 15 d 12 508 3 1 99 0 0

3 NL

1.17 38.64

369 Torray/Fialco (22.5/5.1)

0.05 150.83 139,593 Michael Buek (21.4) 0.47 13.56 1,010 Higgins/Palmer (5.0/3.5) 0.20 27.01 19,219 Ryan Ludt (7.1) 0.29 19.28 15,317 Donald Kilbride (7.3) 0.36 35.00 4,894 Management Team 0.12 82.11 4,740 Michael Buek (18.8) 0.12 73.34 2,917 Michael Johnson (0.3) 0.05 41.01 255,150 Gerard O’Reilly (18.4)

4 14.3 2.0 58,058 a 17

VFIAX

1 NL

VCVLX 5 13.2 1.5 10,062 y 19

o 15 t 13 148 123 0 99 0 1 13 Clsd

4 15.5 2.8 47,884 s 22 4 14.4 2.7 68,521 d 20

p 19 t 15 149 15 0 100 0 0

VDAIX VDIGX

1 NL

p 15 t 15 52 11 4 96 0 0 10 NL

VQNPX 4 14.1 2.0 53,786 y 16

a 15 d 12 770 102 3 97 0 0 y 14 d 12 654 3 0 100 0 0 y 15 d 12 503 5 0 100 0 0 y 14 d 12 3,250 3 0 100 0 0 a 17 d 16 36 24 26 73 0 1

2 NL

4 14.5 2.1 40,325 a 16

VTCLX

1 NL 1 NL 1 NL 4 NL

VTGLX 4 14.3 2.0 58,061 a 17 VTSAX 4 14.7 2.0 32,637 a 17 WPVLX 7 16.1 1.9 15,935 t 17

1.19 28.94

886 Hinton/Weitz (6.8/30.0)

16.9 2.4 60,524.2

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