(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)

— 14.4 2.0 44,336 a 16 4 15.3 2.9 68,273 s 36

y 16 d 13 — 59 2 94 2 1 a 18 d 17 38 3 19 81 0 0 a 19 t 17 45 7 20 80 0 0 d 13 o 13 — 59 3 96 0 1 o 16 d 15 61 23 1 99 0 0 o 16 d 15 95 83 0 74 1 25 o 18 d 16 133 48 1 97 0 2 d 16 t 13 220 22 6 89 2 3 y 13 o 12 169 22 2 97 0 2 o 14 d 14 194 30 4 95 1 0 15 NL 8 NL o 23 y 23 37 66 6 87 0 7 13 NL d 21 y 15 154 11 12 82 4 3 15 NL a 15 o 15 60 27 5 95 0 0 11 NL 0 NL 0 NL 6 NL

9 — 1.08 — 2,992 —

YAFFX

1.26 24.14 10,624 Management Team 0.76 22.55 12,318 Management Team

YACKX 4 15.2 2.7 64,077 s 32

— 13.2 1.7 44,880 y 21

8 — 1.13 — 1,970 —

PNBDX 1 12.3 1.6 51,573 y 23 AAGPX 1 12.3 1.5 57,172 y 26 TWEIX 1 14.7 1.9 45,781 y 20 TWVLX 1 13.7 1.7 41,992 y 20 AMRMX 1 15.3 2.3 44,913 p 17 AWSHX 4 15.1 2.5 76,633 p 21 ARTLX 1 11.9 1.5 34,917 a 24 AUXFX 1 14.0 2.0 36,038 s 32 GSFTX 1 15.2 2.5 71,985 y 17 DHLAX 4 14.9 1.6 54,308 y 25 DODGX 4 14.4 1.7 54,228 a 24 BVEFX 1 12.7 1.7 35,094 t 16

1.11 18.15

700 Management Team

0.96 24.52 9,959 Management Team

4 Clsd 0.93 8.58 10,307 Management Team

1.00 7.46 2,904 Management Team 0.63 32.14 28,980 Management Team 0.62 35.95 64,854 Management Team 1.06 13.03 1,048 Management Team

5 5.75

8 5.75

1.25 18.67 0.93 17.15

287 J. Jeffrey Auxier (14.2) 206 Management Team

0.78 16.75 8,401 Management Team

d 15 a 13 85 24 4 96 0 0 s 15 d 14 50 28 2 98 0 0

3 NL

0 5.00 1.06 19.95 2,131 Management Team

0.52 145.56 47,776 Management Team

y 22 d 19 76 11 0 99 0 1 19 NL

1

3.9 0.4 36,850 y 76

t 11 u 7 32 2 9 84 4 3

FAIRX FEQTX FEQIX

1 Clsd 1.00 37.38 7,877 Bruce Berkowitz (13.7)

0.66 22.22 5,097 Scott Offen (1.8) 0.66 53.95 9,443 Management Team

1 14.6 2.0 68,674 y 20 1 14.1 1.9 47,835 y 21

d 14 o 13 125 78 1 99 0 0 11 NL d 14 o 13 229 43 4 91 0 5 11 NL

GOODX 1

3.1 1.8 12,626 a 27

t 22 y 21 33 11 33 64 0 2

6 NL

1.10 26.73

506 Pitkowsky/Trauner (2.4/2.4)

ACSTX 1 13.2 1.5 57,478 y 25

d 15 o 15 76 12 5 95 0 0 15 5.50 0.86 21.17 10,231 Management Team

1 14.9 1.7 49,105 y 29 1 14.0 1.9 60,365 d 20 1 13.9 1.9 67,925 d 21 1 12.8 1.3 33,583 y 22 1 13.8 1.6 49,346 y 23

d 15 s 11 78 25 3 97 0 0

ACGIX ICAEX ICSLX TESIX JPLTX

9 5.50 0.83 24.92 8,211 Management Team

y 17 t 16 43 75 2 98 0 0 11 NL

0.90 46.87 1,024 Management Team 0.90 44.48 4,787 Management Team

t 18 y 15 31 64 4 96 0 0

6 NL

s 15 a 13 160 22 7 87 4 2 23 5.75 1.12 25.81 15,215 Management Team

d 18 o 13 105 45 10 90 0 0 11 NL

0.94 15.81

138 Perkins/Preloger (4.7/4.7)

0.32 12.69 2,929 Management Team 0.94 42.68 1,874 Management Team 0.68 30.39 28,308 Brian Rogers (27.9)

SFLNX 1 13.6 1.9 46,112 o 15 SSHFX 1 13.7 1.4 39,889 d 26 PRFDX 1 13.6 1.8 40,281 y 21

y 14 a 12 617 32 0 98 2 0

5 NL

y 23 a 13 43 56 2 98 0 0 14 NL

o 14 p 13 122 16 7 92 1 1 d 20 o 9 113 56 1 98 0 2

4 NL

1 13.3 1.6 42,271 y 24 1 14.3 1.8 38,231 y 24 1 13.8 2.2 71,563 y 15

TRVLX TGIGX VEIPX

4 NL

0.85 31.77 16,131 Mark Finn (3.7)

a 15 p 13 55 23 4 96 0 0 10 NL d 13 s 12 149 26 3 97 0 1 11 NL

1.14 14.19

974 Diane Jaffee (11.8)

0.30 27.68 13,523 Management Team 0.20 22.41 9,195 Michael Perre (6.8)

VHDYX 1 14.7 2.3 73,004 s 15 VUVLX 1 12.7 1.7 34,167 y 24

o 13 y 13 393 11 0 100 0 0 o 14 d 12 181 69 1 99 0 0 d 15 o 13 326 22 0 100 0 0

1 NL 1 NL

0.29 14.06

854 Management Team

0.10 26.79 25,317 Gerard O’Reilly (18.7) 0.35 33.87 42,937 Management Team 0.35 18.05 15,139 Management Team 1.10 16.38 1,131 Powers/Shive (0.0/17.0)

1 14.0 1.8 64,098 y 22

VVIAX

2 NL

VWNFX 1 12.7 1.6 52,637 y 21 VWNDX 1 13.3 1.5 29,745 y 25

d 17 o 14 267 22 4 96 0 0 10 NL a 19 d 13 133 68 3 97 0 0 18 NL d 15 o 15 64 14 6 94 0 0 a 19 p 19 — 78 3 96 0 0 t 16 p 10 41 13 4 94 1 1 t 22 d 19 72 46 3 97 0 0 t 25 a 14 64 13 2 98 0 0 p 22 a 13 101 14 4 95 0 1 t 25 p 19 52 31 2 98 0 0 d 19 p 17 70 41 0 100 0 0 p 19 a 16 111 72 0 99 0 0 10 NL 2 NL 5 NL 3 NL 5 NL y 19 a 17 52 15 0 100 0 0 13 NL a 19 t 17 342 16 0 100 0 0 10 NL 6 NL 2 NL

1 13.2 1.7 36,981 y 22 — 19.4 2.8 7,048 t 20

FMIEX

7 — 1.31 — 1,031 —

AKREX 7 17.6 1.9 13,496 y 45 TWHIX 8 21.9 2.8 8,803 t 23 ARTMX 8 25.4 3.9 8,824 a 32 BARAX 8 21.9 3.3 7,882 p 26 BGRFX 8 19.5 2.8 3,537 t 24 BUFMX 8 23.2 2.6 5,936 a 26 CIPMX 8 18.4 2.4 6,576 a 20 ACTWX 8 19.5 2.1 4,536 p 26 ACRNX 8 16.3 2.6 3,517 p 22 FAMVX 8 17.3 1.9 7,851 y 34

1.40 18.32 2,012 Charles Akre, Jr. (4.0) 1.01 26.27 4,242 Hollond/Walsh (6.6/5.5)

4 Clsd 1.22 44.94 7,734 Management Team

1.33 58.27 2,419 Andrew Peck (10.1) 1.32 64.41 7,146 Ronald Baron (18.7)

1.01 19.41 1.30 13.91 1.03 28.31

598 Gasaway/Male (11.7/11.7) 597 Management Team 846 Robert Chalupnik (2.4)

0.78 34.63 19,349 McQuaid/Mohn (17.7/9.7)

p 23 t 21 43 4 7 93 0 0

3 NL

1.21 58.14

864 Fox/Putnam (13.4/26.7)

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