Morningstar Advisor - February/March 2011 - (Page 70)

By the Numbers: Funds Mutual Fund Analyst Picks Analyst Picks are chosen by the Morningstar fund analysts who specialize in each category. Our analysts scrutinize more than 2,000 mutual funds to come up with favorites for each category. Analysts make their selections on a variety of factors, including a fund’s historical risk and return and costs on a quantitative basis. Qualitatively, we also consider consistent strategy, experienced management, and strong stewardship. Because we recognize that different funds come with different risks, each category may contain picks that are vastly different from each other. There were 190 Analyst Picks as of Dec. 31, 2010. Name Cat Style Stwd- Morningstar Box ship Rating Grade Annualized Total Return % YTD 1Yr 3Yr 5Yr 10Yr Yield % Std Dev 3 Yr % Worst 3-Mo Ret % Exp Ratio # of TurnHold- over ings % Total Assets ($Mil) Incep Date American Funds Washington Mutual A AWSHX Dodge & Cox Stock DODGX Fairholme FAIRX Sound Shore SSHFX T. Rowe Price Equity Income PRFDX American Funds Fundamental Investors A ANCFX Clipper CFIMX Davis NY Venture A NYVTX FMI Large Cap FMIHX Longleaf Partners LLPFX Oakmark I OAKMX Oakmark Select I OAKLX Selected American Shares D SLADX Selected American Shares S SLASX Sequoia SEQUX Vanguard 500 Index Admiral VFIAX Vanguard Dividend Growth Inv VDIGX Vanguard Tax-Managed Capital App VMCAX Vanguard Tax-Managed Growth & Inc VTGIX Vanguard Total Stock Mkt Idx Adm VTSAX Weitz Partners Value WPVLX WHG Large Cap Value Instl WHGLX American Funds AMCAP A AMCPX Aston/Montag & Caldwell Growth N MCGFX Harbor Capital Appreciation Instl HACAX Jensen J JENSX PRIMECAP Odyssey Growth POGRX Selected Special Shares D SLSDX T. Rowe Price New America Growth PRWAX Vanguard Capital Opportunity Inv VHCOX * Vanguard PRIMECAP Core Inv VPCCX * Vanguard PRIMECAP Inv VPMCX * Artisan Mid Cap Value Investor ARTQX * Longleaf Partners Small-Cap LLSCX * Perkins Mid Cap Value T JMCVX Schneider Value SCMLX T. Rowe Price Mid-Cap Value TRMCX * Vanguard Selected Value Inv VASVX Ariel Appreciation CAAPX Fidelity Spartan Extended Mkt Index Inv FSEMX Osterweis OSTFX Lg Value Ç È Ç È Ç È È È È È È È È È É È È È È È Ë É É É Ì É É É É É Ê Ë Ê Ê Ë Î Ë X Z — — Z Z Z Z — X X X Z Z — X X X X X X Z C X Z Z Z Z Z Z ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙÙ Ù ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ 13.3 13.5 25.5 12.1 15.2 14.1 14.8 12.1 11.4 17.9 12.2 13.2 12.9 12.5 19.5 15.1 11.4 15.9 14.9 17.3 27.5 12.1 14.0 8.3 11.6 11.8 15.4 14.3 19.3 11.1 14.9 12.9 14.4 22.3 14.8 17.8 16.5 19.4 19.6 28.6 12.4 13.3 13.5 25.5 12.1 15.2 14.1 14.8 12.1 11.4 17.9 12.2 13.2 12.9 12.5 19.5 15.1 11.4 15.9 14.9 17.3 27.5 12.1 14.0 8.3 11.6 11.8 15.4 14.3 19.3 11.1 14.9 12.9 14.4 22.3 14.8 17.8 16.5 19.4 19.6 28.6 12.4 -3.4 -5.5 7.0 -2.9 -2.4 -2.8 -7.3 -3.9 1.8 -3.6 3.1 3.3 -3.2 -3.6 0.2 -2.8 0.3 -2.3 -2.9 -1.6 1.2 -4.5 -0.4 -1.8 -0.1 0.8 2.3 -2.7 3.2 0.2 2.6 0.9 4.9 0.8 2.8 -9.6 3.8 1.6 4.9 2.6 1.4 2.1 0.0 10.0 1.8 2.7 4.4 -1.7 1.4 5.1 1.6 4.5 1.5 1.9 1.6 3.4 2.3 5.3 2.5 2.2 3.0 3.0 — 2.9 4.4 2.7 4.6 5.2 1.5 6.0 5.4 5.4 5.1 6.0 5.2 6.1 -1.9 6.2 4.5 4.8 5.6 4.0 3.2 5.4 11.5 4.1 4.3 4.5 1.9 2.6 — 5.1 5.7 5.8 — 2.5 5.3 1.4 1.8 1.5 1.4 2.5 3.0 — 3.1 0.6 0.6 3.1 — — 2.8 5.2 — 4.0 — 9.1 9.9 — 10.0 8.8 7.2 6.2 5.2 2.5 1.1 1.0 0.6 1.9 1.6 1.0 1.1 0.9 0.5 0.6 0.2 1.5 1.2 0.2 1.8 1.9 1.4 1.7 1.8 0.0 0.9 0.4 0.5 0.2 0.9 0.1 1.4 0.2 0.4 1.0 0.9 0.8 0.4 0.7 0.6 1.7 1.6 0.0 0.9 1.0 20.5 26.5 27.2 22.3 24.0 22.8 25.8 23.9 20.1 29.7 25.3 26.9 24.2 24.2 19.5 22.2 18.0 22.7 22.2 22.9 23.8 20.1 22.7 20.7 21.4 19.7 23.5 23.9 24.4 25.9 21.9 22.2 25.4 29.3 20.4 32.9 24.6 23.6 31.6 26.4 16.1 -26.0 -35.7 -34.2 -35.3 -28.3 -33.8 -33.0 -31.5 -24.2 -47.4 -31.8 -34.7 -31.1 -31.2 -23.6 -29.6 -22.6 -31.5 -29.7 -31.1 -28.7 -24.5 -29.9 -28.1 -30.5 -23.4 -32.2 -35.3 -37.4 -37.3 -31.2 -32.0 -35.7 -35.5 -28.6 -45.2 -32.4 -31.6 -39.4 -37.0 -27.2 0.70 0.52 1.00 0.94 0.72 0.69 0.80 0.89 0.97 0.91 1.11 1.08 0.61 0.94 1.01 0.07 0.38 0.21 0.21 0.07 1.21 1.00 0.78 1.11 0.69 0.92 0.71 0.84 0.89 0.48 0.51 0.45 1.21 0.95 1.03 0.90 0.84 0.47 1.18 0.10 1.08 153 84 70 38 119 247 25 91 28 25 57 22 87 87 33 506 48 636 504 3,377 46 56 186 35 72 29 117 68 107 115 137 113 57 21 163 40 131 70 39 3,053 46 22 18 71 97 14 48,315 40,264 18,838 1,930 19,022 07/52 01/65 12/99 05/85 10/85 08/78 02/84 02/69 12/01 04/87 08/91 11/96 05/04 02/33 07/70 11/00 05/92 09/94 09/94 11/00 05/83 06/06 05/67 11/94 12/87 08/92 11/04 05/04 09/85 08/95 12/04 11/84 03/01 02/89 08/98 09/02 06/96 02/96 12/89 11/97 10/93 È — 30 46,591 15 1,184 13 33,668 20 3,676 29 8,119 24 3,751 25 2,531 11 7,492 11 7,492 15 3,350 12 96,767 24 4,187 26 3,519 38 2,193 5 146,226 30 702 89 225 29 35 72 12 12 24 68 8 8 5 38 13 66 79 58 30 41 26 26 20,542 3,217 10,810 3,476 1,623 91 1,193 8,236 4,756 28,695 6,008 2,726 13,285 100 8,680 3,666 1,479 5,267 1,289 Lg Growth Lg Blend É — Mid Value Ê — Z X Z X — — X Ç — Mid Blend *Closed to new investors. 70 Morningstar Advisor February/March 2011

Table of Contents for the Digital Edition of Morningstar Advisor - February/March 2011

Morningstar Advisor - February/March 2011
Contents
Contributors
Letter From the Editor
First, Do No Harm
Do You Use Active or Passive Investment Strategies?
Best of Both Worlds
How to Build an Index
Accountable Investor
Nice Guys Finish First
Four Picks for the Present
Investment Briefs
A New Guardrail Against Risk
Tech Loosens the Purse Strings (a Bit)
It’s More About Costs Than Active or Passive
Play Your Stars
In Between Active and Passive
Selling Beta as Alpha
The Weighting Game, and Other Puzzles of Indexing
Leaving the Nest
Redefining Credit Risk
Another Vote for Market-Based Credit-Risk Measures
Big Opportunities in Small-Cap Stocks
Benchmarks? What Benchmarks?
Mutual Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks With Wide Moats
VA Sales Slide, but Assets on the Rise
Indexing’s Lunatic Fringe

Morningstar Advisor - February/March 2011