(PUB) Morningstar FundInvestor

29

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)

— 14.1 2.0 43,593 a 16

y 15 d 13 — 66 2 93 2 1 y 18 d 12 35 20 23 75 0 2 d 19 t 16 37 3 17 83 0 0 t 19 d 17 44 7 16 84 0 0 d 13 o 13 — 96 4 95 0 1 d 17 o 16 61 27 2 98 0 0 o 17 d 15 106 83 2 72 1 25 d 17 o 17 135 48 2 97 0 1 t 13 d 12 211 22 7 88 2 2 o 13 y 12 157 22 1 97 0 1 o 23 a 21 38 66 7 87 0 6 d 14 o 13 193 30 3 96 1 0 15 NL 8 NL 7 NL d 20 y 15 178 8 11 82 5 2 15 NL 8 NL 0 NL 0 NL 6 NL

9 — 1.10 — 2,925 —

WVALX 7 16.9 2.3 39,717 a 23

1.20 40.44 1,048 Management Team 1.26 23.86 9,719 Management Team 0.76 22.26 11,183 Management Team

4 14.3 2.7 65,595 s 39

YAFFX

YACKX 4 14.1 2.5 62,072 s 34

— 12.9 1.7 44,682 y 21

8 — 1.16 — 1,918 —

PNBDX 1 11.5 1.6 48,529 y 20 AAGPX 1 11.8 1.4 53,899 y 26 TWEIX 1 14.1 1.8 45,019 y 20 TWVLX 1 13.1 1.6 40,287 y 21 AMRMX 1 15.1 2.3 43,197 p 20 AWSHX 4 14.4 2.4 71,650 p 21 ARTLX 1 12.0 1.5 36,241 y 24 AUXFX 1 13.5 2.0 34,203 s 34 GSFTX 4 15.0 2.4 71,567 d 16 DHLAX 1 13.9 1.5 53,225 y 25 DODGX 4 13.8 1.6 51,283 y 24

1.11 18.08

714 Management Team

0.96 24.26 9,773 Management Team

8 Clsd 0.95 8.72 10,526 Management Team

1.01 7.44 2,841 Management Team 0.63 32.02 27,486 Management Team

5 5.75

0.62 35.84 61,440 Management Team

9 5.75

1.06 13.02 1.25 18.85

999 Management Team 292 J. Jeffrey Auxier (13.9)

0.75 17.07 8,436 Management Team

y 15 a 13 88 23 3 96 0 1 s 15 d 15 50 28 2 98 0 0

3 NL

0 5.00 1.06 19.70 2,106 Management Team

0.52 142.60 45,651 Management Team

a 24 d 16 76 11 0 98 0 2 17 NL

1

3.8 0.4 27,056 y 75

t 12 u 8 26 2 16 80 0 4 d 13 s 11 134 78 1 99 0 0

FAIRX FEQTX FEQIX

1 Clsd 1.00 37.83 8,215 Bruce Berkowitz (13.4)

0.66 22.31 5,197 Scott Offen (1.6) 0.66 53.88 9,238 Management Team

1 14.0 2.0 61,067 y 18 1 13.2 1.8 49,571 y 20

9 NL

d 14 s 13 323 43 5 89 0 6 10 NL

GOODX 1

6.4 1.9 12,527 a 43

y 29 t 7 34 11 34 62 0 3

4 NL

1.10 27.66

450 Pitkowsky/Trauner (2.2/2.2)

ACSTX 1 12.2 1.4 55,177 y 25

d 15 o 14 76 17 4 96 0 0 14 5.50 0.88 21.01 10,066 Management Team

4 14.2 1.7 48,199 y 27 4 13.5 1.9 60,924 d 21 4 13.6 1.9 70,090 d 22 1 12.6 1.4 31,266 y 20 1 13.5 1.5 46,032 y 23

d 15 s 12 77 25 7 93 0 0

ACGIX ICAEX ICSLX TESIX

8 5.50 0.83 24.67 8,106 Management Team

y 18 t 14 45 75 3 97 0 0 12 NL

0.90 45.88 1,028 Management Team 0.90 43.59 4,611 Management Team

t 16 o 14 31 64 3 97 0 0

8 NL

s 17 a 12 168 22 13 82 4 1 22 5.75 1.12 25.44 14,625 Management Team

d 19 o 14 103 52 7 93 0 1 13 NL

JPLTX

1.00 15.70

130 Perkins/Preloger (4.4/4.4)

0.32 12.62 2,614 Management Team 0.94 41.78 1,697 Management Team 0.68 30.41 27,133 Brian Rogers (27.6) 0.85 31.33 15,222 Mark Finn (3.4)

SFLNX 1 12.7 1.7 43,442 o 16 SSHFX 1 13.7 1.4 39,889 d 26 PRFDX 1 13.3 1.7 38,191 y 21

y 14 t 12 617 32 0 98 2 0

5 NL

y 23 a 13 43 56 2 98 0 0 14 NL o 14 p 14 122 16 6 93 1 1 d 19 o 11 117 56 2 98 0 0 p 16 t 12 56 23 4 96 0 0 o 13 d 12 397 11 0 100 0 0 o 15 p 11 194 69 1 99 0 0 o 15 d 13 417 22 0 100 0 0 d 17 o 13 275 22 3 97 0 0 d 16 o 15 66 14 8 92 0 0 p 19 t 19 — 84 3 97 0 0 t 16 p 10 41 13 4 94 1 1 p 19 a 17 125 72 0 99 0 0 d 19 t 18 72 46 5 95 0 0 t 24 a 14 65 13 1 98 0 0 p 23 a 13 102 14 4 96 0 1 t 23 p 22 62 256 2 98 0 0 t 25 p 19 50 31 2 98 0 0 d 17 s 16 69 41 0 100 0 0 s 14 d 13 164 26 3 96 0 1 10 NL 1 NL 2 NL 2 NL 9 NL a 18 o 13 133 68 2 97 0 1 19 NL 6 NL 2 NL 8 NL 1 NL 6 NL 3 NL 3 NL 5 NL y 17 a 15 54 15 0 100 0 0 13 NL a 18 t 17 360 16 0 100 0 0 10 NL 4 NL 4 NL 8 NL

1 12.9 1.6 42,521 y 23 1 13.6 1.8 35,123 y 22 1 13.6 2.1 68,269 y 14

TRVLX

TGIGX VEIPX

1.14 14.33

909 Diane Jaffee (11.6)

0.30 27.77 12,590 Management Team 0.20 22.54 8,710 Michael Perre (6.6)

VHDYX 1 13.7 2.1 69,067 s 16 VUVLX 1 12.4 1.6 29,479 y 23

0.29 13.99

833 Management Team

0.10 26.79 24,152 Gerard O’Reilly (18.4)

1 12.7 1.6 50,596 y 21

VVIAX

0.35 34.12 43,009 Management Team 0.35 17.88 14,939 Management Team 1.10 16.28 1,274 Shive/Shinnick (16.7/4.5)

VWNFX 1 12.4 1.6 53,142 y 20 VWNDX 4 12.5 1.4 28,167 y 24

1 12.8 1.7 35,549 y 21 — 19.1 2.7 7,002 a 19

FMIEX

6 — 1.30 — 1,017 —

AKREX 7 17.6 1.9 13,496 y 45 TWHIX 8 21.4 2.6 8,461 t 20 ARTMX 8 23.1 3.6 8,899 a 34 BARAX 8 23.6 3.3 7,851 p 27 BGRFX 8 18.5 2.7 3,481 t 23 BRWIX 8 19.2 2.5 9,865 a 25 BUFMX 8 22.2 2.6 5,579 a 27 CIPMX 8 17.1 2.4 6,879 a 21 ACTWX 8 16.5 1.9 4,134 p 25 ACRNX 8 15.3 2.4 3,397 p 21

1.40 18.29 1,873 Charles Akre, Jr. (3.8) 1.01 25.06 4,167 Hollond/Walsh (6.3/5.3)

6 Clsd 1.22 42.73 7,545 Management Team

1.33 56.61 2,355 Andrew Peck (9.9) 1.32 62.22 6,846 Ronald Baron (18.4)

1.08 26.98 1.01 18.87 1.30 13.46 1.03 29.34

830 D’Alonzo/Gates (27.5/2.3) 630 Management Team 572 Management Team 893 Robert Chalupnik (2.1)

0.78 34.28 19,384 McQuaid/Mohn (17.4/9.4)

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