(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 17 d 15 60 23 2 98 0 0

8 — 1.12 — 2,187 —

PNBDX 1 12.7 1.7 54,064 y 23 AAGPX 1 12.4 1.5 58,687 y 25 TWEIX 1 14.3 1.9 44,856 y 20 TWVLX 1 13.9 1.7 41,380 y 20 AMRMX 1 15.9 2.4 45,421 p 17 AWSHX 4 15.8 2.6 75,744 p 23 ARTLX 1 12.1 1.6 36,458 a 26 AUXFX 1 14.5 2.1 37,146 s 32 GSFTX 1 15.6 2.5 72,061 y 17 DHLAX 4 15.5 1.8 55,053 y 23 DODGX 4 15.0 1.7 57,007 a 23 BVEFX 1 13.8 1.8 34,769 a 16

6 NL

1.11 19.83

741 Management Team

d 15 o 13 193 30 4 95 0 0 16 NL

0.96 27.07 10,936 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 13 233 22 5 90 2 3 o 13 y 13 171 22 2 98 0 0

5 Clsd 0.93 9.09 10,677 Management Team

8 NL

1.00 8.09 3,257 Management Team 0.63 34.98 30,658 Management Team 0.62 39.64 67,457 Management Team

7 5.75 8 5.75

y 21 o 21 37 58 10 83 0 7 12 NL d 21 y 16 152 11 11 83 2 4 15 NL o 15 y 14 63 27 4 96 0 0 11 NL

1.06 13.30 1,414 Management Team

1.25 20.26 0.93 19.24

308 J. Jeffrey Auxier (14.4) 255 Management Team

0.78 18.27 9,164 Management Team

d 15 a 12 88 24 3 97 0 0 d 14 s 14 51 28 2 98 0 0

4 NL

0 5.00 1.06 22.11 2,469 Management Team

0.52 164.79 51,681 Management Team 1.00 42.76 8,791 Bruce Berkowitz (13.9) 0.66 24.15 5,436 Scott Offen (2.1) 0.66 57.96 9,980 Management Team

y 22 d 19 75 11 2 99 0 0 19 NL

1

3.8 0.4 42,219 y 78

t 10 u 7 31 2 8 84 4 4

FAIRX FEQTX FEQIX

0 NL

1 14.9 2.0 66,332 y 21 1 14.6 1.9 48,464 y 19

o 14 p 12 140 78 0 99 0 0 13 NL o 14 p 13 225 43 5 90 0 5 12 NL

GOODX 2

3.1 1.5 10,864 a 34

y 23 o 15 33 11 18 60 0 22

7 NL

1.10 28.26

553 Pitkowsky/Trauner (2.7/2.7)

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 23.28 11,521 Management Team d 15 s 10 78 29 3 97 0 0 10 5.50 0.81 27.13 8,903 Management Team

1 15.2 1.8 48,128 y 28 1 14.1 2.0 62,523 d 17 1 13.7 2.0 65,683 t 19 1 13.2 1.4 36,799 y 23 1 14.2 1.7 52,109 y 24

ACGIX ICAEX ICSLX TESIX

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

0.90 50.92 1,098 Management Team 0.90 48.43 5,277 Management Team

y 16 d 15 32 64 4 96 0 0

6 NL

s 14 a 13 160 22 9 85 3 3 25 5.75 1.12 27.94 15,748 Management Team

d 19 o 13 98 45 6 94 0 0 12 NL

JPLTX

0.94 17.12

135 Perkins/Preloger (4.9/4.9)

0.32 14.07 3,019 Management Team 0.94 47.68 2,082 Management Team 0.68 33.16 28,998 Brian Rogers (28.1) 0.85 35.34 16,931 Mark Finn (3.9) 1.14 15.74 1,113 Diane Jaffee (12.1) 0.30 30.11 15,094 Management Team 0.20 24.38 10,275 Michael Perre (7.1)

SFLNX 1 14.5 2.0 49,095 o 15 SSHFX 4 15.8 1.6 43,709 d 23 PRFDX 1 14.2 1.8 41,024 y 20

y 14 s 13 615 32 0 97 3 0

7 NL

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

p 16 o 15 120 16 6 92 1 1 d 20 o 10 118 56 1 98 0 1

5 NL 5 NL

1 13.8 1.7 39,783 y 22 1 14.7 1.9 39,782 y 23 1 14.1 2.2 74,133 y 16

TRVLX

a 17 p 13 57 23 3 97 0 0 12 NL p 15 s 13 180 34 2 92 0 6 11 NL

TGIGX VEIPX

VHDYX 1 15.3 2.3 72,824 s 16 VUVLX 1 12.7 1.6 32,299 y 25

p 14 o 13 387 11 0 100 0 0 o 14 d 12 190 75 1 99 0 0 d 15 p 13 316 22 0 100 0 0

1 NL 1 NL 2 NL

0.29 15.51

904 Management Team

0.10 29.37 27,958 Gerard O’Reilly (18.9)

1 14.4 1.8 64,427 y 22

VVIAX

0.35 37.29 46,893 Management Team 0.35 19.99 16,631 Management Team

VWNFX 1 13.0 1.7 54,525 y 21 VWNDX 4 14.2 1.6 30,375 y 24

d 18 o 13 285 22 4 96 0 1 12 NL a 18 o 13 134 68 3 96 0 0 20 NL

— 19.4 2.8 7,048 t 20

a 19 p 19 — 77 3 96 0 0 t 16 p 10 41 23 4 94 1 1

7 — 1.30 — 1,229 —

AKREX 7 17.6 1.9 13,496 y 45 TWHIX 8 25.3 3.8 9,666 t 26 ARTMX 8 29.8 4.6 10,366 a 30 BARAX 8 24.1 3.6 8,499 p 27 BGRFX 8 22.1 3.0 3,923 t 25 BUFMX 8 26.3 2.9 6,017 a 27 CIPMX 8 19.5 2.5 6,846 a 21 ACTWX 8 19.5 2.3 4,922 p 31 ACRNX 8 17.4 2.8 3,724 p 25 DWUGX 7 52.9 10.5 15,961 a 38 FAMVX 8 18.8 2.1 8,515 y 32 FMCSX 8 22.6 2.4 5,637 p 17

2 NL

1.36 20.46 2,458 Charles Akre, Jr. (4.3) 1.01 28.58 4,528 Hollond/Walsh (6.8/5.8)

p 18 a 16 103 72 1 98 0 1 10 NL t 24 d 20 70 44 3 97 0 0 t 26 a 13 69 12 1 99 0 0 p 22 a 13 103 10 4 96 0 1 t 22 p 20 52 31 4 95 0 0 p 20 d 16 69 50 4 96 0 0 a 16 t 16 328 16 0 100 0 0 t 37 d 20 25 345 0 100 0 0 p 23 t 21 43 4 8 92 0 0 t 16 a 16 198 46 2 98 1 0 y 18 a 11 52 15 0 99 0 1 12 NL 9 NL 4 NL 3 NL 8 NL p 34 a 15 33 2 9 90 0 1 11 NL p 27 d 18 81 17 6 94 0 0 15 NL 2 NL 6 NL 3 NL 4 NL

5 Clsd 1.22 46.13 9,077 Management Team

1.33 59.89 2,672 Andrew Peck (10.4) 1.32 70.53 8,069 Ronald Baron (18.9)

1.01 21.26 1.30 15.41 1.03 31.09

615 Gasaway/Male (12.0/12.0) 680 Management Team 872 Robert Chalupnik (2.6)

0.78 38.21 21,238 McQuaid/Mohn (17.9/9.9)

0.95 28.25

63 Noah Blackstein (4.7)

1.21 64.11

944 Fox/Putnam (13.6/26.9)

0.63 39.00 8,239 John Roth (2.8)

8 18.6 3.1 4,638 t 35

FPPFX

1.02 50.14

315 Management Team

0.94 83.63 3,191 Brian Demain (6.1)

JAENX 8 22.4 3.7 7,923 a 33

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