Morningstar Advisor - October/November 2009 - 68

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 Name Cat 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, Style Stwd- Morningstar Box ship Rating Grade Annualized Total Return % YTD 1Yr 3Yr 5Yr 10Yr Yield % each category may contain an assortment of picks that are vastly different from each other, but they will all meet the criteria listed. There were 195 Analyst Picks as of Aug. 31, 2009. 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 Columbia Value & Restructuring Z UMBIX Dodge & Cox Stock DODGX Schneider Value SCMLX Sound Shore SSHFX T. Rowe Price Equity Income PRFDX Weitz Partners Value WPVLX WHG Large Cap Value Instl WHGLX American Funds Fundamental Investors A ANCFX Clipper CFIMX Davis NY Venture A NYVTX Fairholme FAIRX Longleaf Partners LLPFX Oakmark I OAKMX Oakmark Select I OAKLX Schwab S&P 500 Index Inv SWPIX Schwab Total Stock Market Index Inv SWTIX Selected American Shares D SLADX Selected American Shares S SLASX Sequoia SEQUX Vanguard Tax-Managed Capital App VMCAX Vanguard Tax-Managed Growth & Inc VTGIX American Funds AMCAP A AMCPX Aston/Montag & Caldwell Growth N MCGFX Brandywine Blue BLUEX 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 VHCOX * Vanguard PRIMECAP VPMCX * Vanguard PRIMECAP Core VPCCX * Artisan Mid Cap Value ARTQX FPA Capital FPPTX * Longleaf Partners Small-Cap LLSCX * Perkins Mid Cap Value J JMCVX T. Rowe Price Mid-Cap Value TRMCX Vanguard Selected Value VASVX Ariel Appreciation CAAPX Fidelity Spartan Extended Mkt Index Inv FSEMX *Closed to new investors. Lg Value Ç X ÙÙÙ ÙÙÙ ÙÙÙÙ Ù ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ È — Ç Z Ê — È — Ç Ç È È Ç È Ç Ç È È È È È È Z X — Z Z Z — Z X X — — Z Z 7.7 28.4 19.6 32.1 17.6 16.4 26.2 5.4 20.1 25.2 19.0 27.8 36.9 29.6 37.3 14.8 16.2 19.1 18.9 12.8 16.9 15.0 26.3 16.9 0.4 24.3 12.4 26.3 30.0 33.9 31.4 19.0 22.4 25.2 35.4 30.0 20.3 31.4 23.1 -19.2 -6.5 -26.7 -6.4 -20.7 -9.4 -22.1 -12.5 -21.4 -5.1 -15.7 -5.2 -5.7 -6.9 -20.0 -4.2 -18.9 -3.9 -16.6 -10.8 -18.3 -6.4 -10.0 2.3 -23.0 -8.9 -7.4 -1.9 -3.7 -5.1 -18.1 -5.9 -18.1 -5.3 -17.7 -5.8 -18.0 -6.1 -11.9 -1.8 -18.3 -5.5 -18.3 -5.8 -10.1 -15.9 -33.3 -12.2 -15.3 -9.7 -12.3 -12.9 -13.5 -16.7 -12.2 -11.3 -13.8 -14.1 -11.6 -8.1 -9.9 -3.1 1.0 -9.1 -1.6 -2.2 -2.1 -7.2 0.7 -0.6 -1.2 -1.4 0.6 -2.8 -5.4 0.8 -1.3 -4.1 -3.2 -4.3 -0.3 2.0 0.4 -2.3 1.9 1.3 -1.2 — 4.3 -4.8 1.0 8.7 -1.5 1.5 -0.1 0.4 1.2 1.2 0.9 1.8 1.3 0.4 1.7 2.6 -0.1 3.1 0.5 — 1.3 3.4 6.0 4.5 — 7.1 3.7 3.1 6.1 5.2 3.5 0.7 3.6 1.6 4.9 5.0 — 4.4 3.0 2.8 — 3.4 2.5 2.2 — 3.5 3.2 6.4 -1.0 0.1 — 2.2 4.5 -0.2 -0.8 2.9 -0.9 2.0 -1.3 3.5 — — 0.3 8.1 3.6 — — 8.8 6.4 11.5 9.5 7.2 5.1 3.0 3.1 1.7 1.7 3.6 1.0 2.6 0.1 1.1 2.0 1.7 1.2 0.4 0.1 1.3 1.2 2.5 1.9 1.4 1.0 0.4 2.0 2.4 1.1 0.3 0.0 0.5 1.4 0.3 0.3 0.0 0.4 0.9 1.1 0.2 0.7 0.7 1.3 1.0 2.9 0.6 1.3 18.2 27.5 23.6 30.4 19.8 21.4 21.4 17.3 20.3 24.2 22.0 25.5 28.0 23.3 25.3 19.5 19.8 22.3 22.3 18.6 20.1 19.6 19.7 18.9 19.9 18.2 17.0 20.2 21.8 21.8 22.4 19.2 18.9 24.0 24.2 26.1 18.8 21.9 21.1 27.9 23.2 -26.0 -44.9 -35.7 -45.2 -35.3 -28.3 -28.7 -24.5 -33.8 -33.0 -31.5 -34.2 -47.4 -31.8 -34.7 -29.4 -30.7 -31.1 -31.2 -23.6 -31.5 -29.7 -29.9 -28.1 -35.2 -30.5 -23.4 -32.2 -35.3 -37.4 -37.3 -32.0 -31.2 -35.7 -36.8 -35.5 -28.6 -32.4 -31.6 -39.4 -37.0 0.65 0.89 0.52 0.85 0.92 0.69 1.19 1.00 0.61 0.76 0.85 1.01 0.90 1.10 1.08 0.36 0.53 0.59 0.92 1.00 0.16 0.16 0.71 1.08 1.13 0.67 0.86 0.71 0.86 0.91 0.45 0.43 0.50 1.21 0.93 0.93 1.06 0.83 0.38 1.19 0.10 134 67 86 44 41 122 37 45 253 27 97 44 20 55 23 513 2,331 93 93 27 620 508 183 35 36 59 29 106 68 98 108 113 138 57 24 21 150 134 62 37 3,096 39 12 31 102 111 32 29 70 29 7 16 81 30 32 26 3 1 18 18 12 8 8 37 52 267 82 24 13 30 88 13 11 9 70 18 23 103 74 23 26 16 47,190 6,009 36,546 115 1,898 15,630 543 119 39,751 1,071 30,193 9,352 7,145 2,918 2,063 5,327 1,141 7,607 7,607 2,752 2,980 1,990 17,844 2,278 2,501 7,523 1,776 603 76 765 7,356 25,836 3,821 4,029 1,003 2,183 9,285 6,001 2,650 1,051 2,928 07/52 12/92 01/65 09/02 05/85 10/85 05/83 06/06 08/78 02/84 02/69 12/99 04/87 08/91 11/96 05/96 06/99 05/04 02/33 07/70 09/94 09/94 05/67 11/94 01/91 12/87 08/92 11/04 05/04 09/85 08/95 11/84 12/04 03/01 07/68 02/89 08/98 06/96 02/96 12/89 11/97 24 24 Lg Blend 24 22 16 24 16 24 23 24 24 É — È — È — É É — C Lg Growth É — É — É É É É É É É — X Z Z Z Z Z 23 16 Mid Value Ë — Ê Z Ê Z Ë — Ê — Ê Ë Ë X — X Mid Blend 38.0 -10.3 23.0 -19.0 68 Morningstar Advisor October/November 2009

Morningstar Advisor - October/November 2009

Table of Contents for the Digital Edition of Morningstar Advisor - October/November 2009

Morningstar Advisor - October/November 2009
Contents
New on MorningstarAdvisor.com
Letter from the Editor
Contributors
How Do You Use Behavioral Finance in Your Practice?
Investing in the Moment
Investment Briefs
How the Best Large-Cap Managers Rise Above the Rest
Don’t Give Up on Stocks Just Yet
Makeup of the Mind
A Top-Down Approach
In Practice: Patterns of Investor Irrationality
A Call for Nudges
The Furious Comeback of Emerging Markets
Junk-Bond Pioneer
Four Picks for the Present
Consumer Staples Hold Up in the Kitchen
Familiarity Can Breed Bad Investment Decisions
Leave the ‘Junk Rally’ Behind and Look for Quality at a Reasonable Price
Mutual Fund Analyst Picks
50 Most Popular Equity ETFs
Undervalued Stocks
New at Morningstar
Meet the New Boss, Same (School) as the Old Boss
Morningstar Advisor - October/November 2009 - Morningstar Advisor - October/November 2009
Morningstar Advisor - October/November 2009 - Cover2
Morningstar Advisor - October/November 2009 - 1
Morningstar Advisor - October/November 2009 - 2
Morningstar Advisor - October/November 2009 - Contents
Morningstar Advisor - October/November 2009 - 4
Morningstar Advisor - October/November 2009 - 5
Morningstar Advisor - October/November 2009 - New on MorningstarAdvisor.com
Morningstar Advisor - October/November 2009 - 7
Morningstar Advisor - October/November 2009 - 8
Morningstar Advisor - October/November 2009 - Letter from the Editor
Morningstar Advisor - October/November 2009 - Contributors
Morningstar Advisor - October/November 2009 - 11
Morningstar Advisor - October/November 2009 - How Do You Use Behavioral Finance in Your Practice?
Morningstar Advisor - October/November 2009 - 13
Morningstar Advisor - October/November 2009 - 14
Morningstar Advisor - October/November 2009 - Investing in the Moment
Morningstar Advisor - October/November 2009 - 16
Morningstar Advisor - October/November 2009 - 17
Morningstar Advisor - October/November 2009 - 18
Morningstar Advisor - October/November 2009 - Investment Briefs
Morningstar Advisor - October/November 2009 - 20
Morningstar Advisor - October/November 2009 - 21
Morningstar Advisor - October/November 2009 - How the Best Large-Cap Managers Rise Above the Rest
Morningstar Advisor - October/November 2009 - 23
Morningstar Advisor - October/November 2009 - 24
Morningstar Advisor - October/November 2009 - 25
Morningstar Advisor - October/November 2009 - 26
Morningstar Advisor - October/November 2009 - Don’t Give Up on Stocks Just Yet
Morningstar Advisor - October/November 2009 - 28
Morningstar Advisor - October/November 2009 - 29
Morningstar Advisor - October/November 2009 - Makeup of the Mind
Morningstar Advisor - October/November 2009 - 31
Morningstar Advisor - October/November 2009 - A Top-Down Approach
Morningstar Advisor - October/November 2009 - 33
Morningstar Advisor - October/November 2009 - 34
Morningstar Advisor - October/November 2009 - 35
Morningstar Advisor - October/November 2009 - 36
Morningstar Advisor - October/November 2009 - 37
Morningstar Advisor - October/November 2009 - 38
Morningstar Advisor - October/November 2009 - 39
Morningstar Advisor - October/November 2009 - In Practice: Patterns of Investor Irrationality
Morningstar Advisor - October/November 2009 - 41
Morningstar Advisor - October/November 2009 - 42
Morningstar Advisor - October/November 2009 - A Call for Nudges
Morningstar Advisor - October/November 2009 - 44
Morningstar Advisor - October/November 2009 - 45
Morningstar Advisor - October/November 2009 - 46
Morningstar Advisor - October/November 2009 - 47
Morningstar Advisor - October/November 2009 - The Furious Comeback of Emerging Markets
Morningstar Advisor - October/November 2009 - 49
Morningstar Advisor - October/November 2009 - 50
Morningstar Advisor - October/November 2009 - 51
Morningstar Advisor - October/November 2009 - 52
Morningstar Advisor - October/November 2009 - 53
Morningstar Advisor - October/November 2009 - 54
Morningstar Advisor - October/November 2009 - Junk-Bond Pioneer
Morningstar Advisor - October/November 2009 - 56
Morningstar Advisor - October/November 2009 - 57
Morningstar Advisor - October/November 2009 - Four Picks for the Present
Morningstar Advisor - October/November 2009 - 59
Morningstar Advisor - October/November 2009 - 60
Morningstar Advisor - October/November 2009 - Consumer Staples Hold Up in the Kitchen
Morningstar Advisor - October/November 2009 - 62
Morningstar Advisor - October/November 2009 - 63
Morningstar Advisor - October/November 2009 - Familiarity Can Breed Bad Investment Decisions
Morningstar Advisor - October/November 2009 - 65
Morningstar Advisor - October/November 2009 - Leave the ‘Junk Rally’ Behind and Look for Quality at a Reasonable Price
Morningstar Advisor - October/November 2009 - 67
Morningstar Advisor - October/November 2009 - Mutual Fund Analyst Picks
Morningstar Advisor - October/November 2009 - 69
Morningstar Advisor - October/November 2009 - 70
Morningstar Advisor - October/November 2009 - 71
Morningstar Advisor - October/November 2009 - 50 Most Popular Equity ETFs
Morningstar Advisor - October/November 2009 - 73
Morningstar Advisor - October/November 2009 - Undervalued Stocks
Morningstar Advisor - October/November 2009 - 75
Morningstar Advisor - October/November 2009 - 76
Morningstar Advisor - October/November 2009 - 77
Morningstar Advisor - October/November 2009 - 78
Morningstar Advisor - October/November 2009 - New at Morningstar
Morningstar Advisor - October/November 2009 - Meet the New Boss, Same (School) as the Old Boss
Morningstar Advisor - October/November 2009 - Cover3
Morningstar Advisor - October/November 2009 - Cover4
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