Morningstar Advisor - December 2012/January 2013 - (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 Undervalued — — — Undervalued Fairly Valued Undervalued Fairly Valued — Fairly Valued Undervalued — Fairly Valued Fairly Valued Undervalued Fairly Valued — — Fairly Valued — Fairly Valued Fairly Valued Undervalued — — Fairly Valued Undervalued Undervalued Undervalued — Fairly Valued Fairly Valued Undervalued Undervalued — Fairly Valued — Fairly Valued Undervalued — — Fairly Valued Fairly Valued Fairly Valued — — Undervalued — — Fairly Valued 138.2 41.5 41.2 53.6 138.6 63.4 70.8 63.7 81.6 63.7 70.1 97.9 57.9 56.1 127.9 50.7 33.2 178.3 56.6 53.4 28.2 15.5 68.9 75.3 43.3 69.6 74.0 57.0 76.5 36.8 108.3 34.6 34.7 63.2 51.3 39.2 40.6 63.0 63.9 53.0 79.0 27.9 16.2 48.7 9.1 72.8 63.2 46.1 92.5 79.3 154.6 — — — 155.0 74.9 78.0 68.7 — 61.0 79.8 — 61.5 58.3 140.4 45.4 — — 59.5 — 33.0 18.1 76.2 — — 83.0 81.4 64.0 84.8 — 114.6 35.1 38.0 70.8 — 42.8 — 61.4 72.9 — — 29.9 17.9 52.3 — — 72.1 — — 82.7 14.2 10.8 10.4 10.9 14.2 17.1 14.2 13.2 11.8 13.9 15.0 12.8 9.5 10.6 9.3 2.7 11.4 12.7 10.0 -4.7 14.6 23.8 14.7 11.5 11.5 5.3 13.5 13.6 14.2 8.8 12.7 11.2 5.6 14.3 9.0 17.2 8.3 15.6 14.8 7.1 13.3 7.8 4.6 12.9 0.1 12.9 15.2 14.1 10.7 11.5 15.1 3.5 2.2 4.5 15.1 13.2 14.7 12.8 12.2 14.7 16.7 12.0 12.6 15.2 12.3 -9.8 6.0 11.8 12.7 -12.7 12.7 19.9 13.8 13.5 5.5 5.0 13.7 15.8 14.8 2.3 12.0 17.3 10.3 15.2 3.3 21.7 14.1 15.7 16.5 3.4 13.1 2.5 9.3 17.8 -3.7 14.4 17.2 7.9 9.9 10.5 13.1 5.6 4.5 2.7 13.1 17.5 13.7 13.9 14.8 22.0 12.6 15.6 12.4 16.7 13.3 8.0 3.3 15.5 13.8 -4.5 13.5 5.7 14.4 16.5 4.2 10.9 13.7 12.2 13.3 -2.9 15.4 14.3 13.7 — 11.2 14.8 23.2 20.9 12.3 8.8 16.3 7.6 — 15.2 -0.8 13.7 12.5 3.5 15.8 15.2 2.0 3.4 2.0 3.2 2.0 0.9 1.9 1.4 1.6 3.4 2.2 1.3 2.1 3.5 2.5 0.3 5.3 1.0 3.2 2.8 1.5 1.7 1.3 1.2 5.0 1.7 1.7 2.6 1.9 2.5 1.6 2.7 3.9 2.0 0.6 1.9 4.9 3.4 2.2 3.7 1.2 2.0 6.0 3.0 2.1 2.1 2.0 6.5 0.9 1.2 15.5 22.3 22.4 19.5 15.6 18.2 16.2 16.1 20.8 18.7 15.9 18.4 13.1 11.9 14.0 29.8 20.1 18.4 12.7 28.4 17.7 20.9 16.8 19.7 20.2 23.3 15.3 15.3 15.9 23.2 17.7 9.8 9.9 — 23.8 12.6 13.7 17.9 16.2 19.4 20.4 19.3 — 13.2 14.2 20.4 15.2 23.0 21.4 18.1 -29.6 -44.2 -42.8 -35.2 -29.6 -38.6 -31.1 -32.9 -35.6 -47.3 -28.8 -36.5 -21.9 -30.1 -22.8 -52.0 -34.4 -36.6 -25.5 -53.4 -38.2 -39.8 -33.3 -34.3 -37.1 -32.1 -29.1 -27.2 -30.9 -44.9 -38.7 -17.5 -22.8 -13.9 -51.4 -23.0 -9.3 -47.3 -30.1 -35.9 -37.0 -40.9 -6.4 -24.7 -27.4 -32.5 -26.2 -37.0 -38.9 -38.3 55,828 18,201 18,669 29,978 55,770 86,193 30,506 45,803 1,015 8,155 38,021 3,504 40,532 11,655 115,861 12,753 27,638 3,549 15,701 20,280 102,877 44,804 45,050 1,113 23,170 58,329 66,242 45,132 41,636 78,315 7,169 64,050 18,439 54,646 14,240 53,660 — 9,753 45,494 16,113 1,427 21,015 8,982 60,151 13,160 879 118,130 35,999 1,178 6,138 501 891 849 941 503 100 3,313 569 1,989 119 696 403 134 104 31 32 893 400 82 80 80 82 413 602 2,315 44 284 432 994 27 798 43 32 516 52 53 — 88 367 237 1,748 104 25 438 314 1,422 101 461 1,123 455 20.4 14.0 16.3 13.4 20.3 57.1 17.1 26.6 2.6 45.9 27.8 7.3 39.1 21.2 55.8 68.0 13.7 7.6 21.7 — 65.7 49.7 27.3 5.8 8.8 62.2 29.9 29.8 17.9 61.4 4.4 66.7 58.4 20.8 55.7 60.6 — 42.0 26.8 32.5 2.6 — 65.5 34.6 22.2 4.4 31.8 21.1 4.9 5.4 0.09 0.20 0.68 0.34 0.09 0.20 0.05 0.20 0.20 0.10 0.20 0.20 0.13 0.40 0.17 0.52 0.12 0.25 0.35 0.61 0.19 0.19 0.10 0.20 0.18 0.19 0.18 0.10 0.15 0.74 0.20 0.19 0.19 0.05 0.53 0.19 0.85 0.47 0.18 0.63 0.10 0.53 0.85 0.13 0.53 0.25 0.20 0.14 0.25 0.10 4 10 15 5 5 29 5 19 21 10 21 14 14 16 0 9 5 18 94 7 5 7 23 18 6 3 23 23 6 21 13 4 3 4 22 7 0 14 22 37 17 5 10 16 3 32 7 6 37 22 105,111 56,609 38,991 36,406 31,577 29,889 22,712 16,030 15,577 14,558 13,078 12,264 11,722 10,731 10,370 10,175 9,538 9,166 9,128 8,963 8,935 8,289 8,004 7,635 7,403 7,024 6,749 6,534 6,245 6,094 6,092 5,757 5,737 5,628 5,440 5,343 5,115 4,772 4,542 4,454 4,341 4,324 4,316 4,168 4,105 3,950 3,946 3,891 3,798 3,702 01/93 03/05 04/03 08/01 05/00 03/99 05/01 05/00 05/00 09/04 05/00 05/00 04/06 11/03 01/98 05/06 07/07 05/95 11/05 07/00 12/98 12/98 01/04 05/00 03/07 12/98 05/00 01/04 05/00 10/04 07/01 12/98 12/98 09/10 08/07 12/98 04/09 06/00 05/00 07/07 01/04 03/96 08/10 11/06 03/96 07/00 10/00 03/05 07/00 01/04 MorningstarAdvisor.com 77 http://www.MorningstarAdvisor.com

Table of Contents for the Digital Edition of Morningstar Advisor - December 2012/January 2013

Morningstar Advisor - December2012/January 2013
Contents
Contributors
Letter From the Editor
What Stands Between Me and Stupid
Why Do You Use Dynamic Funds of Funds?
Serving Clients and Community
How to Pick an ETF Managed Portfolio Strategy
Tactical View of Risk
Investments á la Carte
Investment Briefs
Unbundling ETF Managed Portfolios
Risks Loom Over Telecom Industry
Outsourcing Asset Allocation
ETF Managed Portfolios on the Rise
Age-Based Options Take Over 529 Industry
How the Landscape for Advisors Is Changing
Mark Egan Embraces Volatility
Alpha, Beta, and Now … Gamma
Performance Gaps
Gains in Momentum
Companies Where Management Teams Add Value
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
The Once and Future King

Morningstar Advisor - December 2012/January 2013