Morningstar Advisor - Winter 2008 - 83

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 a handful of 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 an assortment of picks that are vastly different from each other, but they will all meet the criteria listed. There are 180 analyst picks as of December 31, 2007. Name Cat Style Stwd- Morningstar Annualized Total Return % Box ship Rating Grade YTD 1Yr 3Yr 5Yr Yield % 10Yr Std Dev 3 Yr % Worst 3-Mo Ret % Exp Ratio # of TurnHold- over ings % Total Assets ($Mil) Incep Date Pg# American Funds Washington Mutual A AWSHX Dodge & Cox Stock DODGX * Excelsior Value & Restructuring UMBIX MainStay ICAP Select Equity I ICSLX Schneider Value SCMLX Sound Shore SSHFX T. Rowe Price Equity Income PRFDX Weitz Value WVALX WHG LargeCap Value Instl WHGLX Clipper CFIMX Davis NY Venture A NYVTX Fairholme FAIRX Fidelity Dividend Growth FDGFX Fidelity Spartan 500 Index Investor FSMKX Fidelity Spartan Total Market Index Inv FSTMX Longleaf Partners LLPFX * Masters' Select Equity MSEFX Oakmark I OAKMX Oakmark Select I OAKLX Selected American Shares D SLADX Vanguard Tax-Managed Capital App VMCAX Vanguard Tax-Managed Grth & Inc VTGIX Aston/Montag & Caldwell Growth N MCGFX Brandywine Blue BLUEX Harbor Capital Appreciation Instl HACAX PRIMECAP Odyssey Growth POGRX T. Rowe Price New America Growth PRWAX Vanguard Growth Equity VGEQX Vanguard PRIMECAP VPMCX * Vanguard PRIMECAP Core VPCCX Janus Mid Cap Value Investor JMCVX T. Rowe Price Mid-Cap Value TRMCX * Vanguard Selected Value VASVX Ariel Appreciation CAAPX Osterweis OSTFX Selected Special Shares D SLSDX TCW Value Opportunities I TGVOX *Closed to new investors. Lg Value È È Ç È Ê È Ç È È Ç È È È È È É É È È È È È É É É É É É É É Ë Ë Ê Ë Ë É Ë 4.0 4.0 8.3 0.1 0.1 9.1 Z ÙÙÙÙÙ — ÙÙÙÙÙ 10.4 10.4 11.7 — ÙÙÙÙÙ 6.9 6.9 12.1 — ÙÙÙÙ -0.3 -0.3 8.7 — ÙÙÙ 2.6 2.6 8.5 3.3 3.3 8.7 Z ÙÙÙÙ -10.3 -10.3 2.0 X ÙÙÙ —— 12.5 12.5 — X ÙÙÙ 11.9 15.4 19.7 18.5 20.4 14.2 13.2 9.6 — 7.8 14.7 18.2 9.4 12.7 13.9 12.6 12.4 9.5 7.7 — 13.9 12.7 11.0 18.0 13.3 — 13.8 15.4 17.2 — 17.6 16.9 16.4 10.8 14.8 — 14.3 7.2 11.4 11.7 10.8 — 7.4 7.7 9.4 — 9.3 8.0 — 7.1 5.8 6.3 9.9 7.8 5.2 10.3 — 6.7 5.9 5.3 9.2 5.8 — 3.7 5.3 10.4 — — 11.5 8.4 9.0 13.0 — 12.8 2.0 1.5 1.2 1.4 0.6 0.5 1.9 0.8 0.7 1.0 1.1 0.7 1.4 1.8 1.6 0.2 — 1.3 1.1 1.3 1.5 1.8 0.2 — 0.3 0.3 — 0.1 0.6 0.8 4.1 2.3 1.8 0.5 1.2 0.5 0.3 7.2 7.4 11.7 8.5 12.5 7.9 7.4 8.5 — 6.5 7.1 9.4 7.8 7.8 8.3 10.0 11.7 8.2 11.1 7.0 8.3 7.8 8.3 10.7 10.7 9.2 9.8 11.0 9.6 8.6 8.4 9.1 8.3 8.9 7.4 9.7 10.8 -17.9 -17.9 -20.8 -19.1 -12.3 -18.8 -17.3 -17.2 -3.4 -12.3 -16.0 -7.2 -16.1 -17.3 -16.9 -18.4 -18.8 -18.6 -19.0 -4.3 -18.7 -17.1 -15.6 -22.5 -25.1 -6.0 -21.8 -32.6 -21.7 -3.8 -17.7 -19.0 -30.7 -16.0 -17.2 -6.7 -28.9 0.57 0.52 1.05 0.80 0.85 0.92 0.69 1.13 1.00 0.62 0.84 1.00 0.60 0.10 0.10 0.90 1.18 1.05 0.99 0.58 0.15 0.15 1.06 1.12 0.67 0.89 0.89 0.68 0.43 0.60 0.93 0.80 0.44 1.12 1.21 0.83 0.95 198 91 101 29 49 42 130 39 50 22 96 29 96 503 3,376 25 79 57 23 94 661 509 33 42 65 122 99 70 128 138 144 124 64 36 42 80 53 19 14 13 115 132 66 17 29 13 63 5 20 36 5 4 19 38 9 22 9 5 6 69 207 69 7 61 131 11 10 95 62 33 29 50 41 73 84,275 63,026 9,430 2,083 312 2,738 23,500 2,238 28 2,851 49,335 6,690 14,492 17,597 8,489 12,096 710 4,972 4,073 12,620 4,356 3,322 2,027 3,732 2,379 500 854 1,160 33,395 3,270 6,554 7,490 4,472 2,161 356 137 599 07/52 01/65 12/92 12/97 09/02 05/85 10/85 05/86 06/06 02/84 02/69 12/99 04/93 03/90 11/97 04/87 12/96 08/91 11/96 05/04 09/94 09/94 11/94 01/91 12/87 11/04 09/85 03/92 11/84 12/04 08/98 06/96 02/96 12/89 10/93 05/04 11/97 38 70 72 0.1 0.1 4.8 5.0 5.0 10.2 — ÙÙÙÙÙ 12.4 12.4 14.3 1.1 1.1 6.3 X ÙÙÙ 5.4 5.4 8.6 C ÙÙÙ 5.6 5.6 9.1 C ÙÙÙÙ -0.4 -0.4 7.9 Z ÙÙÙÙ — ÙÙÙ 4.6 4.6 6.3 -3.6 -3.6 4.0 X ÙÙ -14.0 -14.0 0.8 X ÙÙÙ 5.1 5.1 10.2 Z ÙÙÙÙ 6.1 6.1 9.3 X ÙÙÙ 5.4 5.4 8.6 X ÙÙÙ Z Z ÙÙÙÙ C ÙÙÙÙ Lg Blend ÙÙÙ 38 — ÙÙÙÙÙ — ÙÙÙ X X Z Z Z Z X X Z ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙ 21.0 23.5 12.2 4.9 13.7 22.5 11.5 7.0 7.4 0.6 -0.2 -1.4 4.7 -0.9 -1.3 21.0 23.5 12.2 4.9 13.7 22.5 11.5 7.0 11.3 14.1 9.4 10.4 8.4 11.9 10.8 10.5 Lg Growth 38 Mid Value — ÙÙÙÙ 7.4 11.0 0.6 9.2 -0.2 9.6 -1.4 4.7 -0.9 -1.3 4.0 8.3 8.4 5.8 Mid Blend — ÙÙ — ÙÙÙ MorningstarAdvisor.com 83
http://MorningstarAdvisor.com

Morningstar Advisor - Winter 2008

Table of Contents for the Digital Edition of Morningstar Advisor - Winter 2008

Morningstar Advisor - Winter 2008
Contents
Letter from the Editor
Inbox
How Do You Use the Morningstar Style Box?
Real Estate Investing Goes Global
The Golden Touch
Investment Briefs
Learning to Fly with Equity Options
Another Block in Building a Portfolio
In a League of Their Own
Unlock the Box
Fashion Change
The View from the Investment Side
Unpredictable Style
Weighting the Fundamentals
Wire-to-Wire Consistency
The Secret's Out
Focus on Financials
Strongest Homebuilders Will Withstand the Wrecking Ball
Breaking Style Conventions
Playing It Safe with Financials
Back to Bond School
Mutual Fund Analyst Picks
Undervalued Stocks
Most Popular Variable Annuities
New at Morningstar
The Style Counsel
Morningstar Advisor - Winter 2008 - Intro
Morningstar Advisor - Winter 2008 - Morningstar Advisor - Winter 2008
Morningstar Advisor - Winter 2008 - Cover2
Morningstar Advisor - Winter 2008 - 1
Morningstar Advisor - Winter 2008 - 2
Morningstar Advisor - Winter 2008 - Contents
Morningstar Advisor - Winter 2008 - 4
Morningstar Advisor - Winter 2008 - 5
Morningstar Advisor - Winter 2008 - 6
Morningstar Advisor - Winter 2008 - Letter from the Editor
Morningstar Advisor - Winter 2008 - 8
Morningstar Advisor - Winter 2008 - Inbox
Morningstar Advisor - Winter 2008 - How Do You Use the Morningstar Style Box?
Morningstar Advisor - Winter 2008 - 11
Morningstar Advisor - Winter 2008 - Real Estate Investing Goes Global
Morningstar Advisor - Winter 2008 - 13
Morningstar Advisor - Winter 2008 - 14
Morningstar Advisor - Winter 2008 - The Golden Touch
Morningstar Advisor - Winter 2008 - 16
Morningstar Advisor - Winter 2008 - 17
Morningstar Advisor - Winter 2008 - Investment Briefs
Morningstar Advisor - Winter 2008 - 19
Morningstar Advisor - Winter 2008 - 20
Morningstar Advisor - Winter 2008 - 21
Morningstar Advisor - Winter 2008 - Learning to Fly with Equity Options
Morningstar Advisor - Winter 2008 - 23
Morningstar Advisor - Winter 2008 - 24
Morningstar Advisor - Winter 2008 - 25
Morningstar Advisor - Winter 2008 - Another Block in Building a Portfolio
Morningstar Advisor - Winter 2008 - 27
Morningstar Advisor - Winter 2008 - 28
Morningstar Advisor - Winter 2008 - 29
Morningstar Advisor - Winter 2008 - In a League of Their Own
Morningstar Advisor - Winter 2008 - 31
Morningstar Advisor - Winter 2008 - 32
Morningstar Advisor - Winter 2008 - 33
Morningstar Advisor - Winter 2008 - 34
Morningstar Advisor - Winter 2008 - 35
Morningstar Advisor - Winter 2008 - Unlock the Box
Morningstar Advisor - Winter 2008 - 37
Morningstar Advisor - Winter 2008 - 38
Morningstar Advisor - Winter 2008 - 39
Morningstar Advisor - Winter 2008 - Fashion Change
Morningstar Advisor - Winter 2008 - 41
Morningstar Advisor - Winter 2008 - 42
Morningstar Advisor - Winter 2008 - 43
Morningstar Advisor - Winter 2008 - The View from the Investment Side
Morningstar Advisor - Winter 2008 - 45
Morningstar Advisor - Winter 2008 - 46
Morningstar Advisor - Winter 2008 - 47
Morningstar Advisor - Winter 2008 - 48
Morningstar Advisor - Winter 2008 - 49
Morningstar Advisor - Winter 2008 - 50
Morningstar Advisor - Winter 2008 - 51
Morningstar Advisor - Winter 2008 - Unpredictable Style
Morningstar Advisor - Winter 2008 - 53
Morningstar Advisor - Winter 2008 - Weighting the Fundamentals
Morningstar Advisor - Winter 2008 - 55
Morningstar Advisor - Winter 2008 - 56
Morningstar Advisor - Winter 2008 - 57
Morningstar Advisor - Winter 2008 - 58
Morningstar Advisor - Winter 2008 - 59
Morningstar Advisor - Winter 2008 - 60
Morningstar Advisor - Winter 2008 - 61
Morningstar Advisor - Winter 2008 - Wire-to-Wire Consistency
Morningstar Advisor - Winter 2008 - 63
Morningstar Advisor - Winter 2008 - 64
Morningstar Advisor - Winter 2008 - 65
Morningstar Advisor - Winter 2008 - The Secret's Out
Morningstar Advisor - Winter 2008 - 67
Morningstar Advisor - Winter 2008 - 68
Morningstar Advisor - Winter 2008 - 69
Morningstar Advisor - Winter 2008 - Focus on Financials
Morningstar Advisor - Winter 2008 - 71
Morningstar Advisor - Winter 2008 - 72
Morningstar Advisor - Winter 2008 - 73
Morningstar Advisor - Winter 2008 - Strongest Homebuilders Will Withstand the Wrecking Ball
Morningstar Advisor - Winter 2008 - 75
Morningstar Advisor - Winter 2008 - Breaking Style Conventions
Morningstar Advisor - Winter 2008 - 77
Morningstar Advisor - Winter 2008 - Playing It Safe with Financials
Morningstar Advisor - Winter 2008 - 79
Morningstar Advisor - Winter 2008 - 80
Morningstar Advisor - Winter 2008 - Back to Bond School
Morningstar Advisor - Winter 2008 - 82
Morningstar Advisor - Winter 2008 - Mutual Fund Analyst Picks
Morningstar Advisor - Winter 2008 - 84
Morningstar Advisor - Winter 2008 - 85
Morningstar Advisor - Winter 2008 - 86
Morningstar Advisor - Winter 2008 - 87
Morningstar Advisor - Winter 2008 - Undervalued Stocks
Morningstar Advisor - Winter 2008 - 89
Morningstar Advisor - Winter 2008 - 90
Morningstar Advisor - Winter 2008 - 91
Morningstar Advisor - Winter 2008 - Most Popular Variable Annuities
Morningstar Advisor - Winter 2008 - 93
Morningstar Advisor - Winter 2008 - New at Morningstar
Morningstar Advisor - Winter 2008 - 95
Morningstar Advisor - Winter 2008 - The Style Counsel
Morningstar Advisor - Winter 2008 - Cover3
Morningstar Advisor - Winter 2008 - Cover4
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