(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

y 16 d 13 — 59 2 94 2 1 a 19 t 17 45 7 20 80 0 0 d 13 o 13 — 59 3 96 0 1 o 16 d 15 60 23 0 100 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 d 14 o 13 190 30 4 95 0 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 6 NL

9 — 1.08 — 3,031 —

YACKX 4 15.2 2.7 64,077 s 32

0.76 22.83 12,661 Management Team

— 13.2 1.7 44,880 y 21

8 — 1.13 — 1,980 —

PNBDX 1 11.7 1.6 51,150 y 22 AAGPX 1 13.3 1.6 59,799 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 14.5 2.4 68,084 y 17 DHLAX 4 14.1 1.6 52,768 y 24 DODGX 4 14.4 1.7 54,228 a 24 BVEFX 1 12.7 1.7 35,094 t 16

1.11 18.47

707 Management Team

0.96 25.16 10,204 Management Team

4 Clsd 0.93 8.72 10,465 Management Team

1.00 7.59 3,035 Management Team 0.63 32.88 28,426 Management Team 0.62 36.94 62,968 Management Team 1.06 13.38 1,048 Management Team

5 5.75

8 5.75

1.25 19.13 0.93 17.84

292 J. Jeffrey Auxier (14.2) 214 Management Team

0.78 17.09 8,687 Management Team

d 15 a 13 86 24 5 95 0 0 s 14 d 14 50 28 2 98 0 0

3 NL

0 5.00 1.06 20.63 2,236 Management Team

0.52 151.43 47,776 Management Team 1.00 39.73 8,315 Bruce Berkowitz (13.8) 0.66 22.80 5,191 Scott Offen (1.9) 0.66 55.46 9,623 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 NL

1 13.9 1.9 66,902 y 20 1 13.4 1.8 45,657 y 20

d 14 o 13 132 78 2 98 0 0 12 NL d 14 o 14 226 43 6 89 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 27.28

529 Pitkowsky/Trauner (2.5/2.5)

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 21.58 10,574 Management Team

1 14.9 1.7 49,105 y 29 4 15.5 2.0 64,230 d 20 1 15.5 2.0 71,727 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 25.54 8,441 Management Team

y 17 t 16 43 75 3 97 0 0 11 NL

0.90 48.11 1,042 Management Team 0.90 45.39 4,903 Management Team

t 18 y 16 32 64 4 96 0 0

6 NL

s 15 a 13 160 22 7 87 4 2 23 5.75 1.12 26.33 14,947 Management Team

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

0.94 16.18

135 Perkins/Preloger (4.8/4.8)

0.32 13.04 2,837 Management Team 0.94 44.36 1,935 Management Team 0.68 31.15 27,356 Brian Rogers (27.9)

SFLNX 1 13.6 1.9 46,112 o 15 SSHFX 4 15.2 1.5 41,369 d 25 PRFDX 1 13.6 1.8 40,281 y 21

y 14 a 12 617 32 0 98 2 0

5 NL

y 24 a 15 45 56 4 96 0 0 15 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 13.4 1.8 36,357 y 24 1 13.8 2.2 71,563 y 15

TRVLX TGIGX VEIPX

4 NL

0.85 32.76 15,570 Mark Finn (3.8)

a 16 p 13 55 23 4 96 0 0 10 NL d 13 s 12 149 26 3 97 0 1 11 NL

1.14 14.59

998 Diane Jaffee (11.9)

0.30 28.26 13,973 Management Team 0.20 22.76 9,389 Michael Perre (6.9)

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 14.41

829 Management Team

0.10 27.21 25,717 Gerard O’Reilly (18.8) 0.35 34.70 43,824 Management Team 0.35 18.68 15,604 Management Team

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 23 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 p 20 d 16 69 50 4 96 0 0 p 19 a 16 111 72 0 99 0 0 10 NL 2 NL 5 NL 3 NL 4 NL y 19 a 17 51 15 0 99 0 1 13 NL a 18 t 17 338 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

1.10 16.57

801 David Powers (0.1)

7 — 1.31 — 1,056 —

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 19.5 2.5 6,846 a 21 ACTWX 8 18.4 2.1 4,394 p 26 ACRNX 8 15.8 2.6 3,440 p 22 FAMVX 8 18.8 2.1 8,515 y 32 FMCSX 8 20.5 2.2 5,113 a 17

1.40 19.43 2,181 Charles Akre, Jr. (4.1) 1.01 27.48 4,423 Hollond/Walsh (6.7/5.6)

4 Clsd 1.22 48.69 7,734 Management Team

1.33 61.37 2,539 Andrew Peck (10.2) 1.32 68.67 7,632 Ronald Baron (18.8)

1.01 20.46 1.30 14.58 1.03 29.66

612 Gasaway/Male (11.8/11.8) 632 Management Team 889 Robert Chalupnik (2.4)

0.78 36.68 20,502 McQuaid/Mohn (17.8/9.8)

p 23 t 21 43 4 8 92 0 0 t 17 y 15 197 46 1 98 1 0

3 NL

1.21 60.61

903 Fox/Putnam (13.4/26.8)

0.63 37.36 7,902 John Roth (2.6)

7 NL

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