19
Morningstar FundInvestor
September
2013
Tracking Gold-Rated Funds
Asset Group
Trailing 10 Years
Batting Average
% Gold in
Top Quartile
Trailing 5 Years
Batting Average
% Gold in
Top Quartile
Trailing 3 Years
Batting Average
% Gold in
Top Quartile
US Stock
68.35
57.14
69.81
50.88
65.27
48.45
Taxable Bond
82.83
71.60
79.34
54.93
68.40
50.77
International Stock
81.80
50.77
75.49
40.74
70.84
43.40
Municipal Bond
94.59
77.78
90.03
61.90
88.27
36.36
Balanced
91.05
65.22
92.91
57.58
92.91
56.25
Data through Aug. 31, 2013. Batting Average and % picks in top quartiles are for Gold/Picks funds only. The results are compared with category average.
Cautious Muni Funds
Return Data through Aug. 31, 2013.
0
4000
8000
12000
16000
T. Rowe Price Tax-Free High Yield
PRFHX
Fund Return
%
Category Return
%
105.77
75.37
QQQQ
Œ
Process
∞
Positive
Performance
∞
Positive
People
∞
Positive
Parent
¶
Neutral
Price
∞
Positive
Fund Return
%
Category Return
%
62.29
41.41
QQQQQ
•
Process
∞
Positive
Performance
∞
Positive
People
∞
Positive
Parent
∞
Positive
Price
∞
Positive
Fund Return
%
Category Return
%
33.21
27.86
QQQQ
Œ
Process
∞
Positive
Performance
∞
Positive
People
∞
Positive
Parent
∞
Positive
Price
¶
Neutral
Fund Return
%
Category Return
%
5.10
24.32
QQ
•
Process
∞
Positive
Performance
∞
Positive
People
∞
Positive
Parent
∞
Positive
Price
∞
Positive
Fund Return
%
Category Return
%
26.82
24.32
QQQQ
•
Process
¶
Neutral
Performance
¶
Neutral
People
∞
Positive
Parent
∞
Positive
Price
∞
Positive
0
3500
7000
10500
14000
0
3500
7000
10500
14000
Vanguard Short-Term Tax-Exempt
VWSTX
0
4500
9000
13500
18000
Vanguard High-Yield Tax-Exempt
VWAHX
Vanguard Limited-Term Tax-Exempt
VMLTX
0
6000
12000
18000
24000
Fidelity Municipal Income
FHIGX
04 05 06 07 08 09 10 11 12 13
04 05 06 07 08 09 10 11 12 13
04 05 06 07 08 09 10 11 12 13
00 01 02 03 04 05 06 07 08 09 10 11 12 13
05 06 07 08 09 10 11 12 13
10,500
7,000
3,500
10,500
7,000
3,500
12,000
8,000
4,000
13,500
9,000
4,500
18,000
12,000
6,000
