(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 d 15 o 15 60 23 2 98 0 0

8 — 1.12 — 2,243 —

PNBDX 1 12.7 1.5 56,814 y 25 AAGPX 1 12.6 1.6 63,372 y 25 TWEIX 1 14.9 2.0 47,738 y 21 TWVLX 1 14.5 1.8 43,668 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 15.6 2.2 41,482 s 30 GSFTX 1 15.3 2.4 78,266 y 17 DHLAX 4 15.2 1.8 58,187 y 24 DODGX 4 15.6 2.0 64,955 y 22 BVEFX 1 14.5 2.0 36,411 a 18

7 NL

1.11 20.30

740 Management Team

d 15 p 12 186 34 4 96 0 0 15 NL

0.93 28.08 11,200 Management Team

o 19 d 18 92 83 2 72 1 25 o 18 d 16 135 48 1 97 0 2 d 16 t 13 237 18 7 90 1 1 y 14 t 12 166 22 2 97 0 1

4 Clsd 0.93 8.84 10,233 Management Team

6 NL

1.00 8.46 3,439 Management Team 0.61 35.32 30,940 Management Team 0.62 39.99 68,109 Management Team 1.04 13.81 1,260 Management Team

7 5.75

8 5.75

y 24 o 18 36 58 7 87 0 6 14 NL d 21 y 17 150 11 10 84 2 4 15 NL

1.25 19.96 0.93 18.70

304 J. Jeffrey Auxier (14.7) 281 Management Team

y 14 o 13 62 38 4 96 0 0 d 14 a 13 85 24 1 99 0 0 d 14 p 13 50 21 1 99 0 0

9 NL 4 NL

0.78 18.59 8,796 Management Team

0 5.00 1.06 21.84 2,621 Management Team

0.52 171.81 52,400 Management Team 1.01 40.55 8,654 Bruce Berkowitz (14.3) 0.63 24.96 5,366 Scott Offen (2.4) 0.64 60.02 9,596 Management Team

a 21 d 20 72 15 2 97 0 1 17 NL

1

3.9 0.5 41,772 y 76

t 13 u 6 32 16 7 82 6 5

FAIRX FEQTX FEQIX

0 NL

1 14.7 2.0 66,528 y 22 1 14.4 1.9 48,825 y 21

o 14 d 13 143 86 3 97 0 0 13 NL o 14 s 13 243 43 2 93 1 4 11 NL

GOODX 2

3.4 1.6 12,790 a 37

y 21 o 13 33 12 15 66 0 19

8 NL

1.10 28.70

542 Pitkowsky/Trauner (3.0/3.0)

ACSTX 1 13.7 1.7 62,097 y 25

o 15 d 15 77 12 6 94 0 0 16 5.50 0.86 24.12 12,002 Management Team d 13 a 10 78 29 5 95 0 0 11 5.50 0.81 27.59 9,197 Management Team

1 15.0 1.8 51,046 y 29 1 14.3 1.9 69,939 y 18 1 14.3 1.8 71,295 y 19 1 13.2 1.4 38,425 y 23 4 15.2 1.9 55,973 y 23

ACGIX ICAEX ICSLX TESIX JPLTX

d 18 o 14 44 50 4 96 0 0 11 NL

0.90 52.54 1,144 Management Team 0.90 49.77 5,332 Management Team

o 14 t 14 31 55 2 98 0 0

8 NL

s 14 a 12 158 24 7 87 3 3 26 5.75 1.09 28.77 15,564 Management Team

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

0.94 16.13

135 Perkins/Preloger (5.3/5.3)

0.35 14.49 3,147 Management Team 0.93 50.80 2,209 Management Team 0.67 33.16 28,495 Brian Rogers (28.4) 0.84 35.00 17,954 Mark Finn (4.3) 1.11 16.22 1,127 Diane Jaffee (12.4) 0.30 30.23 15,721 Management Team 0.19 25.01 10,615 Michael Perre (7.4)

SFLNX 1 15.1 2.1 50,416 o 15 SSHFX 4 16.2 1.8 44,702 y 22 PRFDX 1 14.5 2.0 45,121 y 20

y 13 s 13 611 10 1 99 0 0

2 NL

a 18 d 17 46 44 1 99 0 0 16 NL

p 16 o 15 117 10 7 92 1 1 d 19 p 11 121 44 2 98 0 0

6 NL

1 14.2 1.9 42,130 y 22 1 14.4 1.9 40,705 y 22 1 14.9 2.5 78,104 y 16

TRVLX TGIGX VEIPX

6 NL

a 17 p 13 56 18 2 98 0 0 10 NL p 15 s 13 173 34 1 98 0 1 12 NL

VHDYX 1 15.0 2.1 75,352 s 15 VUVLX 1 13.7 1.9 35,243 y 25

p 14 y 13 382 13 0 100 0 0 o 14 d 13 197 75 1 99 0 0 d 15 p 13 319 25 0 100 0 0

1 NL 1 NL

0.29 16.30

934 Management Team

0.09 30.45 28,892 Gerard O’Reilly (19.3) 0.36 37.83 47,593 Management Team 0.37 21.05 17,280 Management Team

1 14.3 1.7 67,095 y 22

VVIAX

2 NL

VWNFX 1 14.0 1.8 59,710 y 22 VWNDX 4 13.8 1.7 30,855 y 24

d 18 o 13 293 27 3 97 0 0 11 NL a 17 d 13 139 40 2 96 0 2 18 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 21.06 2,853 Charles Akre, Jr. (4.6) 1.00 26.15 6,366 Hollond/Walsh (7.2/6.1)

TWHIX 8 22.5 4.4 10,029 t 27 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 25.2 3.3 6,377 t 25 CIPMX 5 18.3 2.5 7,317 d 21 ACTWX 8 19.4 2.5 5,279 p 28 ACRNX 8 17.0 2.8 3,932 p 25 DWUGX 7 46.4 8.2 21,036 a 44 FAMVX 8 19.2 2.2 8,953 y 29 FMCSX 8 21.5 2.6 6,229 p 17 BIOPX 8 30.7 4.7 5,539 a 37

p 18 a 16 104 70 0 99 0 0 11 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 a 24 p 20 57 31 2 98 0 0 a 18 p 16 65 50 5 94 0 0 a 20 t 15 326 18 0 100 0 0 t 29 d 20 25 345 0 100 0 0 p 22 t 20 41 8 4 96 0 0 t 16 a 15 185 46 6 94 1 0 y 18 a 16 52 20 0 99 0 1 11 NL 7 NL 3 NL 3 NL 8 NL t 36 a 13 32 8 7 91 0 1 12 NL 2 NL 5 NL 8 NL 5 NL 3 NL

6 Clsd 1.22 48.80 9,647 Management Team

1.32 62.45 2,679 Andrew Peck (10.7) 1.30 72.51 8,018 Ronald Baron (19.3)

1.37 19.43 1.01 19.27 1.30 14.79 1.02 26.63

498 Michael Lippert (8.1)

635 Gasaway/Male (12.3/12.3) 713 Management Team 827 Robert Chalupnik (2.9)

0.78 37.31 21,271 Mohn/Frank (10.3/0.3)

0.86 25.59 1.19 63.59

88 Noah Blackstein (5.0) 933 Fox/Putnam (13.9/27.3)

0.63 41.09 8,900 John Roth (3.1)

8 18.8 3.4 4,586 p 37

FPPFX

0.96 52.46

297 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