(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)

— 13.2 1.7 44,880 y 21

d 13 o 13 — 58 3 96 0 1 o 16 d 15 59 23 0 100 0 0

8 — 1.12 — 2,243 —

PNBDX 1 12.7 1.7 57,575 y 25 AAGPX 1 13.9 1.6 63,044 y 26 TWEIX 1 14.3 1.9 44,856 y 20 TWVLX 1 13.9 1.7 41,380 y 20 AMRMX 1 15.9 2.6 50,326 p 19 AWSHX 4 16.0 2.8 85,483 p 22 ARTLX 4 12.9 1.6 45,472 a 29 AUXFX 1 14.5 2.1 37,146 s 32 GSFTX 4 15.5 2.6 75,331 y 17 DHLAX 4 14.9 1.8 57,142 y 24 DODGX 4 15.7 2.0 64,998 a 23 BVEFX 1 14.5 2.0 36,411 a 18

6 NL

1.11 19.16

710 Management Team

d 15 o 12 189 34 4 95 0 0 15 NL

0.93 26.23 10,692 Management Team

o 19 d 18 95 83 1 73 1 25 o 18 d 16 136 48 1 96 0 3 d 16 t 13 237 18 7 90 1 1 y 14 t 12 166 22 2 97 0 1

5 Clsd 0.93 8.35 10,018 Management Team

8 NL

1.00 7.94 3,277 Management Team 0.61 33.64 31,933 Management Team 0.62 38.08 70,627 Management Team 1.04 12.84 1,460 Management Team

7 5.75

8 5.75

y 24 o 18 36 58 7 87 0 6 14 NL d 21 y 16 152 11 11 83 2 4 15 NL

1.25 19.11 0.93 17.62

298 J. Jeffrey Auxier (14.6) 265 Management Team

y 14 o 13 62 38 4 96 0 0 d 15 p 12 87 24 2 98 0 0 d 14 p 14 50 28 1 99 0 0

9 NL 4 NL

0.78 17.63 8,512 Management Team

0 5.00 1.06 20.69 2,482 Management Team

0.52 163.32 54,848 Management Team 1.00 38.04 8,118 Bruce Berkowitz (14.1) 0.63 23.56 5,200 Scott Offen (2.3) 0.66 56.71 9,325 Management Team

y 22 d 19 73 11 2 98 0 -1 19 NL

1

3.8 0.4 42,219 y 78

t 10 u 7 31 16 8 84 4 4

FAIRX FEQTX FEQIX

0 NL

1 14.5 2.1 70,563 y 21 1 14.3 2.0 51,500 y 20

o 15 d 12 145 86 1 99 0 0 12 NL o 14 p 13 235 43 3 92 0 4 12 NL

GOODX 2

3.1 1.5 10,864 a 34

y 23 o 15 33 12 18 60 0 22

7 NL

1.10 27.59

542 Pitkowsky/Trauner (2.8/2.8)

ACSTX 1 13.6 1.5 57,000 y 25

o 15 d 15 79 12 5 95 0 0 16 5.50 0.86 22.86 11,475 Management Team d 15 s 10 78 29 3 97 0 0 10 5.50 0.81 26.11 8,818 Management Team

1 15.2 1.8 48,128 y 28 1 15.2 2.0 70,133 y 19 1 14.7 1.9 76,244 y 20 1 13.2 1.4 36,799 y 23 4 15.2 1.9 55,973 y 23

ACGIX ICAEX ICSLX TESIX JPLTX

d 18 t 14 45 50 2 98 0 0 12 NL

0.90 49.75 1,094 Management Team 0.90 47.11 5,090 Management Team

t 16 o 14 32 55 3 97 0 0

9 NL

s 14 a 13 160 22 9 85 3 3 25 5.75 1.12 27.20 16,156 Management Team

d 19 o 13 99 45 5 94 0 0 11 NL

0.94 15.27

139 Perkins/Preloger (5.1/5.1)

0.35 13.63 3,194 Management Team 0.94 47.34 2,095 Management Team 0.68 31.55 29,763 Brian Rogers (28.3) 0.85 32.95 18,169 Mark Finn (4.1) 1.11 15.40 1,098 Diane Jaffee (12.2) 0.30 28.57 15,034 Management Team 0.19 23.70 10,143 Michael Perre (7.2)

SFLNX 1 15.1 2.1 50,416 o 15 SSHFX 4 15.8 1.6 43,709 d 23 PRFDX 1 14.5 2.0 45,121 y 20

y 13 s 13 611 10 1 99 0 0

2 NL

y 22 a 15 45 56 2 98 0 0 17 NL

p 16 o 15 117 16 7 92 1 1 d 19 p 11 121 56 2 98 0 0

6 NL

1 14.2 1.9 42,130 y 22 1 14.5 2.0 42,124 y 23 1 14.1 2.2 70,244 y 15

TRVLX TGIGX VEIPX

6 NL

a 17 p 14 57 18 3 97 0 0 12 NL p 15 d 13 180 34 2 98 0 0 11 NL

VHDYX 1 14.9 2.4 76,612 s 16 VUVLX 1 12.7 1.6 32,299 y 25

p 15 o 13 384 13 0 100 0 0 o 14 d 12 190 75 1 99 0 0 d 14 p 13 317 22 0 100 0 0

1 NL 1 NL

0.29 15.16

894 Management Team

0.10 28.71 27,690 Gerard O’Reilly (19.1) 0.36 35.49 45,671 Management Team 0.37 19.71 16,437 Management Team

1 14.2 1.9 67,506 y 22

VVIAX

2 NL

VWNFX 1 13.0 1.7 54,287 y 21 VWNDX 4 14.2 1.6 30,411 y 24

d 18 o 13 285 27 4 96 0 1 12 NL a 18 o 13 134 40 3 96 0 0 20 NL

— 19.4 2.8 7,048 t 20

a 19 p 19 — 76 3 96 0 0 p 26 t 15 41 23 2 89 8 0

7 — 1.29 — 1,265 —

AKREX 7

7.9 2.6 16,521 y 34

2 NL

1.36 20.18 2,645 Charles Akre, Jr. (4.4) 1.00 24.99 5,951 Hollond/Walsh (7.0/5.9)

TWHIX 8 25.3 3.8 9,666 t 26 ARTMX 8 27.2 5.0 10,982 a 33 BARAX 8 25.9 4.0 9,208 t 26 BGRFX 8 20.4 3.2 4,228 t 24 BUFMX 8 26.3 2.9 6,017 a 27 CIPMX 8 20.8 2.7 7,323 d 19 ACTWX 8 19.6 2.6 5,263 p 31 ACRNX 8 17.3 2.9 3,875 p 26 DWUGX 7 54.5 8.2 19,928 a 40 FAMVX 8 18.8 2.3 8,416 y 32 FMCSX 8 20.9 2.5 6,032 t 18 BIOPX 8 30.7 4.7 5,539 a 37

p 18 a 16 103 70 1 98 0 1 10 NL t 21 d 19 67 44 4 96 0 0 p 25 a 14 67 12 2 98 0 1 p 22 a 13 104 10 4 95 0 1 t 25 p 14 61 70 0 99 0 1 t 22 p 20 54 31 4 96 0 0 a 19 p 18 68 50 6 94 0 0 a 17 t 16 326 16 0 100 0 0 t 35 d 23 25 345 0 100 0 0 p 23 t 21 43 4 6 94 0 0 p 17 a 16 189 46 5 94 1 0 y 18 a 12 51 15 0 99 0 1 12 NL 9 NL 2 NL 3 NL 9 NL t 36 a 13 32 2 7 91 0 1 12 NL 2 NL 5 NL 8 NL 3 NL 5 NL

6 Clsd 1.22 47.83 9,689 Management Team

1.32 60.46 2,679 Andrew Peck (10.6) 1.30 69.70 8,018 Ronald Baron (19.1)

1.37 19.55 1.01 18.57 1.30 14.09 1.03 25.74

498 Michael Lippert (7.9)

607 Gasaway/Male (12.1/12.1) 675 Management Team 800 Robert Chalupnik (2.8)

0.78 36.17 20,434 McQuaid/Mohn (18.1/10.1)

0.86 27.49 1.21 59.77

67 Noah Blackstein (4.9) 901 Fox/Putnam (13.8/27.1)

0.63 39.01 8,397 John Roth (3.0)

8 18.8 3.4 4,586 p 37

FPPFX

1.02 47.83

311 Management Team

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