Morningstar Advisor - August/September 2013 - (Page 77)

Valuation Rating Market Price Fair Value Annualized Total Return % 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 1Yr 3Yr Fairly Valued — Fairly Valued — Fairly Valued 160.4 38.8 160.9 57.3 71.3 167.1 — 167.9 — 77.6 13.8 -10.8 13.8 4.1 10.0 20.4 1.5 20.5 18.6 12.6 18.3 3.3 18.3 9.9 19.8 2.1 4.0 2.0 3.1 1.3 13.5 21.2 13.5 18.3 15.6 -29.6 -44.2 -29.6 -35.2 -38.6 59,035 19,355 59,128 32,549 69,144 502 1,037 504 933 101 18.1 12.1 18.1 13.5 49.4 0.09 0.18 0.08 0.34 0.20 4 8 4 5 9 149,653 49,715 43,807 41,978 36,301 01/93 03/05 05/00 08/01 03/99 — Fairly Valued — Fairly Valued Fairly Valued 38.5 82.7 97.0 72.7 83.8 — 86.2 — 75.1 87.3 -10.0 14.1 15.9 11.7 15.7 2.1 21.4 24.3 16.8 25.0 2.8 18.7 18.7 18.4 18.3 2.0 2.0 1.4 1.2 1.6 21.1 14.2 18.6 14.1 14.0 -42.8 -31.1 -35.6 -32.9 -28.8 17,761 32,637 1,160 41,978 46,263 844 3,250 1,985 611 649 16.1 15.0 2.4 21.6 27.3 0.68 0.05 0.20 0.20 0.20 15 3 19 17 16 34,992 32,707 25,130 19,865 18,856 04/03 05/01 05/00 05/00 05/00 — — Fairly Valued Fairly Valued — 68.7 115.5 66.2 19.4 35.6 — — 68.0 20.0 — 6.3 14.5 12.3 19.4 3.5 9.0 25.1 19.5 35.1 18.4 18.2 19.3 17.1 13.9 10.5 3.6 1.5 2.2 1.6 4.9 16.7 16.6 11.6 19.6 18.8 -47.3 -36.5 -21.9 -39.8 -34.4 8,430 4,027 47,884 55,878 32,811 124 403 149 82 869 42.5 7.3 39.4 50.8 13.3 0.10 0.17 0.10 0.18 0.10 9 9 15 8 7 18,483 17,003 16,659 16,062 14,025 09/04 05/00 04/06 12/98 07/07 — Fairly Valued Overvalued Fairly Valued — 210.1 148.6 64.0 66.3 11.2 — 154.0 62.9 67.0 — 14.4 15.1 13.7 15.6 16.2 24.8 18.7 18.1 22.9 21.4 19.1 18.0 18.9 17.5 8.0 1.2 2.3 3.4 2.8 1.3 16.6 12.2 10.2 11.4 15.0 -36.6 -22.8 -30.1 -25.5 -27.4 4,109 130,784 12,827 18,274 18,551 400 31 103 85 316 7.4 54.0 21.3 19.7 23.7 0.25 0.17 0.40 0.35 0.53 14 6 13 94 3 13,773 13,278 12,575 12,473 11,867 05/95 01/98 11/03 11/05 03/96 Fairly Valued — Fairly Valued — Fairly Valued 30.6 90.3 67.6 45.6 78.2 32.7 — 70.6 — 81.5 6.7 16.3 16.5 25.7 10.6 8.4 25.2 24.4 40.0 16.9 16.3 20.2 18.0 9.9 18.8 1.9 1.4 2.4 1.1 1.5 14.9 17.3 13.6 17.3 14.5 -38.2 -34.3 -27.2 -24.0 -33.3 95,866 1,295 50,596 16,753 45,355 77 602 417 315 417 62.2 5.3 28.8 37.6 22.9 0.18 0.17 0.10 0.48 0.10 5 12 22 36 21 11,346 11,317 11,077 11,067 10,941 12/98 05/00 01/04 06/06 01/04 Fairly Valued — Fairly Valued Fairly Valued Fairly Valued 73.3 44.2 78.3 129.9 89.9 76.6 — 87.9 130.2 92.9 13.8 -0.8 10.8 15.3 13.8 20.6 13.5 20.3 25.2 21.1 — 8.4 18.4 19.3 18.5 2.1 4.7 1.8 1.3 1.5 — 18.8 21.9 15.7 13.9 -13.9 -37.1 -32.1 -38.7 -30.9 58,058 26,972 58,575 8,332 44,122 508 2,336 44 810 1,008 18.4 9.0 60.5 4.1 15.8 0.05 0.15 0.18 0.20 0.15 3 6 5 13 5 10,401 9,386 8,652 8,073 8,004 09/10 03/07 12/98 07/01 05/00 Fairly Valued Fairly Valued Fairly Valued Fairly Valued — 84.0 56.4 47.6 39.7 93.7 87.5 55.8 50.2 39.8 — 11.9 19.7 20.2 15.0 16.0 16.5 31.1 27.5 17.6 25.7 18.7 26.6 21.5 19.3 20.0 1.7 1.4 1.7 2.8 1.6 13.1 14.3 11.2 9.5 18.1 -29.1 -32.5 -23.0 -17.5 -37.0 64,929 38,321 58,627 67,741 2,294 298 84 55 41 1,443 24.6 46.1 56.7 65.4 2.7 0.18 0.18 0.18 0.18 0.10 28 5 5 12 14 7,603 7,061 7,048 6,916 6,868 05/00 12/98 12/98 12/98 01/04 Fairly Valued Fairly Valued Fairly Valued Fairly Valued — 17.9 56.4 75.8 24.5 48.1 18.3 58.3 79.3 32.0 — 15.2 16.1 15.6 -47.1 2.0 18.8 21.1 24.8 -44.7 19.5 — 20.6 17.9 -21.7 11.3 5.8 3.0 2.2 1.9 5.5 — 11.1 14.5 29.9 21.4 -6.4 -24.7 -30.1 -52.0 -37.0 10,861 69,067 53,624 6,549 41,090 26 397 358 31 506 64.7 34.7 26.0 65.6 20.2 0.85 0.10 0.18 0.52 0.12 12 11 35 5 7 6,711 6,482 6,354 6,006 5,923 08/10 11/06 05/00 05/06 03/05 — — Fairly Valued Fairly Valued — 46.6 43.9 42.6 37.6 85.9 — — 43.4 37.7 — 23.5 -18.4 13.6 9.8 14.3 27.2 -12.2 22.5 6.1 24.6 20.0 -7.5 18.3 14.6 17.2 4.6 3.1 2.2 3.9 1.7 15.0 27.4 17.5 10.9 17.7 -9.3 -53.4 -33.8 -22.8 -32.5 — 10,774 39,030 18,787 1,019 — 84 63 32 1,359 — — 49.2 57.5 4.1 0.85 0.61 0.18 0.18 0.25 0 7 8 4 29 5,877 5,788 5,756 5,626 5,577 04/09 07/00 12/98 12/98 07/00 — Overvalued — Fairly Valued — 111.5 95.1 32.5 57.9 51.2 — 93.0 — 58.9 — 17.5 15.6 -14.9 16.0 -3.2 23.9 25.0 1.9 27.4 5.1 20.0 19.0 -3.9 19.3 13.2 1.1 1.2 2.8 1.4 1.9 19.6 16.1 23.4 15.2 21.2 -38.9 -38.3 -44.9 -36.7 -51.4 1,318 8,680 72,784 7,700 15,214 1,131 368 27 521 49 4.7 5.9 61.0 7.7 59.2 0.25 0.10 0.74 0.25 0.54 32 17 21 23 19 5,508 5,436 5,110 5,096 5,057 07/00 01/04 10/04 07/01 08/07 YTD MorningstarAdvisor.com 77 http://www.MorningstarAdvisor.com

Table of Contents for the Digital Edition of Morningstar Advisor - August/September 2013

Morningstar Advisor - August/September 2013
Contents
Contributors
Letter From the Editor
Under Pressure
Has Your View of Bonds Recently Changed?
The Simple Life Cuts a Path to Prosperity
How Extended Is Your Bond Fund?
A Bond Contrarian Scours the Globe for Value
Investments á la Carte
Investment Briefs
Bond Market Behemoths
Shopping in the Digital Age
Shopping in the Digital Age
Diverse Crowd
Motor City Meltdown
Bond Convergence
Corporates Are Fairly Valued, but Opportunities Will Arise
A Legend Still Pines for the Good Fight
Greener Pastures
Forecasting Market Bubbles and Crashes
Forecasting Market Bubbles and Crashes
Home-Court Advantage
Overcoming Technophobia
These Funds Are Counting on Undervalued Sectors
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
What Price Advice?

Morningstar Advisor - August/September 2013

https://www.nxtbook.com/nxtbooks/morningstar/magazine_2024q1
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2023q4
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2023q3
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2023q2
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2023q1
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2022q4
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2022q3
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2022q2
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2022q1
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2021q4
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2021q3
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2021q2
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2021q1
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2020q4
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2020q3
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2020q2
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2020q1
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2019winter
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2019fall
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2019summer
https://www.nxtbook.com/nxtbooks/morningstar/magazine_2019spring
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20191201
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20181011
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20180809
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20180607
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20180405
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20180203
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20181201
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20171011
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20170809
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20170607
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20170405
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20170203
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20171201
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20161011
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20160809
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20160607
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20160405
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20160203
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20161201
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20151011
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20150809
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20150607
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20150405
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20150203
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20151201
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20141011
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20140809
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20140607
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20140405
https://www.nxtbook.com/nxtbooks/morningstar/magazine_20140203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20141201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20131011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20130809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20130607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20130405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20130203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20131201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20121011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120405
https://www.nxtbook.com/nxtbooks/morningstar/investorconference2012
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20121201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20111011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20111201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20101011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100809_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100607_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100405_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20101201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20091011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20090809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20090607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20090405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20090203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2008fall
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2008summer
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2007spring
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2007fall
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2007summer
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2008spring
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2008catalog
https://www.nxtbook.com/nxtbooks/morningstar/advisor_2008winter
https://www.nxtbookmedia.com