Morningstar Advisor - October/November 2012 - (Page 77)

Valuation Rating Market Price Fair Value YTD Annualized Total Return % 1Yr 3Yr Yield % Std Dev 3 Yr % Worst 3-Mo Ret % Avg Market Cap ($Mil) # of Holdings % Asset in top 10 Exp Ratio Turnover % Net Assets ($Mil) Incep Date Fairly Valued — — Fairly Valued — Fairly Valued Fairly Valued — Fairly Valued Fairly Valued Undervalued — Fairly Valued Fairly Valued Fairly Valued Fairly Valued — — Fairly Valued Fairly Valued Fairly Valued — Fairly Valued — Fairly Valued Fairly Valued — Fairly Valued Fairly Valued Fairly Valued Fairly Valued Fairly Valued — Fairly Valued — Fairly Valued Fairly Valued — Undervalued — Fairly Valued Fairly Valued — — — Fairly Valued Fairly Valued — Fairly Valued Fairly Valued 143.9 40.1 51.6 68.4 39.3 144.5 73.7 81.1 66.7 67.4 72.3 97.2 59.7 133.1 58.0 30.8 177.3 32.7 58.3 49.8 72.3 75.5 73.9 52.7 77.6 15.7 42.3 79.5 58.8 36.5 111.9 35.6 49.9 65.8 39.6 39.4 66.2 9.1 65.9 78.0 28.6 66.4 71.9 33.1 52.5 16.3 50.3 93.0 81.7 85.0 152.5 — — 73.1 — 153.1 77.5 — 67.5 62.7 79.4 — 60.8 139.1 58.5 32.2 — — 60.5 45.6 74.8 — 83.0 — 79.8 17.9 — 84.0 63.7 37.7 114.6 34.2 — 69.9 — 42.2 71.0 — 72.3 — 30.4 63.1 — — — 16.8 52.1 — 82.1 89.4 13.4 5.6 6.9 22.5 4.9 13.4 13.3 10.6 14.4 17.0 12.0 11.5 8.9 9.1 8.3 20.4 11.4 7.3 7.7 -6.9 15.9 11.2 4.3 -6.2 14.4 17.4 7.0 13.3 10.8 3.0 11.5 10.7 5.7 13.5 5.8 13.1 14.9 -0.4 12.1 11.9 4.3 17.3 10.4 -3.1 4.5 3.1 11.1 10.9 10.5 13.0 17.9 -6.2 -0.1 24.8 -6.2 17.9 17.1 13.5 17.1 20.0 17.1 12.6 15.1 15.6 16.2 26.5 12.5 -0.1 14.0 -23.4 18.9 16.8 5.9 -16.8 18.3 15.2 -2.0 17.2 15.8 11.6 13.1 18.3 -3.8 18.0 17.7 18.7 20.5 -6.0 17.1 14.6 -5.9 19.0 14.0 -11.9 -3.7 11.7 20.0 12.9 11.6 16.8 13.5 6.5 2.3 20.3 5.3 13.5 14.0 13.9 15.4 23.9 11.9 15.5 13.2 14.1 16.8 16.6 15.4 2.5 13.6 7.1 16.0 16.1 13.7 0.4 15.5 2.4 3.7 13.7 11.5 12.1 15.4 15.9 10.3 — 25.2 13.0 13.1 -2.4 11.2 15.6 7.1 21.9 12.1 -3.7 10.0 — 14.6 15.5 15.5 13.6 1.9 2.3 3.3 0.8 2.1 1.9 1.8 1.5 1.2 3.2 2.2 1.2 2.0 2.4 3.4 1.3 1.0 3.2 3.1 0.3 1.1 1.2 1.6 2.8 1.5 1.6 3.2 1.8 2.6 3.8 1.5 2.6 0.6 1.9 5.0 1.9 1.9 2.1 2.2 1.2 2.1 3.4 2.0 2.8 4.0 6.1 2.8 0.8 1.2 1.7 15.6 22.7 19.5 18.1 22.8 15.6 16.4 21.4 16.1 19.1 16.1 18.9 13.2 13.8 12.1 17.2 18.8 20.2 12.8 30.4 16.7 20.1 23.4 29.8 15.2 21.1 20.4 16.0 15.4 10.2 18.1 9.8 23.7 — 13.8 12.6 15.1 14.2 16.4 21.1 19.9 18.5 20.9 23.0 19.8 — 13.3 22.0 18.5 16.3 -29.6 -44.2 -35.2 -38.6 -42.8 -29.6 -31.1 -35.6 -32.9 -47.3 -28.8 -36.5 -21.9 -22.8 -30.1 -38.2 -36.6 -34.4 -25.5 -52.0 -33.3 -34.3 -32.1 -53.4 -29.1 -39.8 -37.1 -30.9 -27.2 -22.8 -38.7 -17.5 -51.4 -13.9 -9.3 -23.0 -26.2 -27.4 -30.1 -37.0 -40.9 -47.3 -32.5 -44.9 -35.9 -6.4 -24.7 -38.9 -38.3 -31.3 56,797 18,201 29,311 79,360 17,219 56,777 30,506 996 48,039 8,155 37,418 3,473 40,532 117,615 11,654 112,281 3,361 27,638 15,407 12,480 45,050 1,109 55,819 20,499 69,405 42,157 23,170 42,304 45,132 18,058 7,088 66,600 12,787 54,646 — 51,469 120,202 14,411 44,627 1,427 20,932 9,910 850 65,443 14,255 8,255 60,151 1,171 6,138 31,761 501 891 941 100 854 503 3,313 1,988 569 119 692 403 134 31 103 81 400 893 82 31 413 602 46 81 281 82 2,315 991 432 32 797 42 49 516 — 53 101 314 367 1,748 105 85 1,415 27 236 25 438 1,117 455 2,971 21.0 14.0 13.2 56.4 16.0 21.0 17.1 2.5 27.8 45.9 27.9 7.4 39.1 56.1 21.2 67.1 7.4 13.7 22.5 72.8 27.3 5.9 61.7 — 31.0 49.3 8.8 18.6 29.8 58.4 4.3 69.3 57.6 20.8 — 60.1 32.6 23.2 26.6 2.6 — 41.8 4.2 61.5 31.8 65.9 34.6 4.9 5.4 17.2 0.09 0.20 0.34 0.20 0.67 0.09 0.05 0.20 0.20 0.10 0.20 0.20 0.13 0.17 0.40 0.19 0.25 0.12 0.35 0.52 0.10 0.20 0.19 0.59 0.18 0.19 0.18 0.15 0.10 0.19 0.20 0.19 0.53 0.05 0.85 0.19 0.20 0.51 0.18 0.10 0.52 0.47 0.25 0.72 0.63 0.85 0.13 0.25 0.10 0.20 4 10 6 29 17 5 5 21 19 10 21 14 14 0 16 5 18 5 94 9 23 18 3 11 23 7 6 6 23 3 13 4 22 4 0 7 7 4 22 17 8 14 32 23 37 10 16 37 22 6 110,613 55,377 36,755 35,998 35,473 30,952 23,096 17,254 16,602 14,526 13,065 12,197 11,837 11,532 11,174 10,287 9,953 9,483 9,481 8,956 8,273 7,962 7,823 7,790 7,337 7,333 7,330 6,540 6,530 6,147 6,146 5,784 5,564 5,541 5,126 4,960 4,917 4,613 4,470 4,449 4,389 4,379 4,323 4,311 4,279 4,034 4,019 3,923 3,819 3,716 01/93 03/05 08/01 03/99 04/03 05/00 05/01 05/00 05/00 09/04 05/00 05/00 04/06 01/98 11/03 12/98 05/95 07/07 11/05 05/06 01/04 05/00 12/98 07/00 05/00 12/98 03/07 05/00 01/04 12/98 07/01 12/98 08/07 09/10 04/09 12/98 10/00 03/96 05/00 01/04 03/96 06/00 07/00 10/04 07/07 08/10 11/06 07/00 01/04 05/00 MorningstarAdvisor.com 77 http://www.MorningstarAdvisor.com

Table of Contents for the Digital Edition of Morningstar Advisor - October/November 2012

Morningstar Advisor - October/November 2012
Contents
Contributors
Letter From the Editor
Ill Communication
Do You Use Factor-Investing Strategies?
Practicing What She Preaches
How to Determine the True Price of ETFs
The Quant Factor
Managers Dispute the Death of Equities
Investments á la Carte
Investment Briefs
Five Inconvenient Truths of Manager Research
Health Care’s Outlook Clarifies
Exploring the World of Factors
Uncloaking the Alpha Machine
Factor Strategies Gain Footholds in Practices
Big Mo
Fitting Factors Into the Formula
Clients Have a Friend in Luther King
Less-Liquid Holdings Mean More-Solid Results
Retirement-Withdrawal Strategies Quantified
Amid Turmoil, Don’t Discount Foreign Equities
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
Should I Stay or Should I Go?

Morningstar Advisor - October/November 2012