Morningstar Advisor - April/May 2010 - 71

Name

Cat

Style Stwd- Morningstar Box ship Rating Grade

Annualized Total Return % YTD 1Yr 3Yr 5Yr 10Yr

Yield %

Std Dev 3 Yr %

Worst 3-Mo Ret %

Exp Ratio

# of TurnHold- over ings %

Total Assets ($Mil)

Incep Date

Vanguard Inflation-Protected Secs VIPSX Vanguard Long-Term Investment-Grade VWESX Vanguard Long-Term US Treasury VUSTX Vanguard Short-Term Bond Index VBISX Vanguard Short-Term Federal VSGBX Vanguard Total Bond Market Index VBMFX Calamos Convertible A CCVIX Eaton Vance Floating Rate A EVBLX Eaton Vance Income Fund of Boston A EVIBX Fidelity Floating Rate High Income FFRHX Fidelity High Income SPHIX Fidelity New Markets Income FNMIX Fidelity Strategic Income FSICX Loomis Sayles Bond Retail LSBRX Loomis Sayles Global Bond Retail LSGLX PIMCO Emerging Markets Bond D PEMDX PIMCO Foreign Bond (Unhedged) D PFBDX PIMCO Foreign Bond (USD-Hedged) D PFODX PIMCO High Yield D PHYDX T. Rowe Price High-Yield PRHYX T. Rowe Price International Bond RPIBX T. Rowe Price Spectrum Income RPSIX Templeton Global Bond A TPINX Vanguard Convertible Securities VCVSX * Vanguard High-Yield Corporate VWEHX Fidelity California Municipal Income FCTFX Fidelity Intermediate Municipal Income FLTMX Fidelity Municipal Income FHIGX Fidelity New York Municipal Income FTFMX Fidelity Short-Intermediate Muni Income FSTFX Fidelity Tax-Free Bond FTABX Franklin CA Tax-Free Income A FKTFX Franklin Federal Tax-Free Income A FKTIX Franklin High Yield Tax-Free Inc A FRHIX T. Rowe Price Tax-Free High-Yield PRFHX T. Rowe Price Tax-Free Shrt-Interm PRFSX Vanguard CA Interm-Term Tax-Exempt VCAIX Vanguard CA Long-Term Tax-Exempt VCITX Vanguard High-Yield Tax-Exempt VWAHX Vanguard Interm-Term Tx-Ex VWITX Vanguard Long-Term Tax-Exempt VWLTX Vanguard Ltd-Term Tx-Ex VMLTX Vanguard NY Long-Term Tax-Exempt VNYTX Vanguard Short-Term Tx-Ex VWSTX Data as of Feb. 28, 2010
BL CA BB SC CV DE EB SE ES SF FB Bank Loan Conservative Allocation Commodities Broad Basket Communications Convertibles Diversified Emerging Mkts Emerging Markets Bond Equity Energy Europe Stock Financial Foreign Large Blend FG FV FR FA GR SH HB PB GI CI Hi Yield & Specialty

PB CL GL CS GS CI CV BL HB BL HB EB MU MU IB EB IB IB HB HB IB MU IB CV HB MX MI ML MN MS ML MX ML HM HM MS MC MX MI MI ML MS MN MS

È Ì É Ç Ç È Ë Í Î Í — — — Ì È Ì É É Ï Î É Ë Ë Î Î Ì Ë Ì Ì Ê Ì — — — Ì Ç È Ì Ì È É Ç È Ç

— — — X — X — — — — — C — — — C C C X — — — C X — C — C C X C C

ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ

0.3 1.4 2.4 1.3 1.2 5.9 -0.8 2.5 1.4 1.1 1.2 1.3 1.0 2.2 0.5 2.0 2.2 3.0 2.1 1.0 -0.5 1.0 2.4 0.9 0.9 1.8 1.4 1.4 1.4 1.0 1.4 1.9 1.2 2.0 2.0 0.9 1.6 1.3 1.6 1.5 1.2 0.9 1.3 0.4

11.9 20.0 -0.6 5.8 3.8 5.9

5.6 4.5 5.7 5.7 5.7 6.0

4.5 4.5 5.2 4.8 4.9 4.9 4.5 3.1 5.3 4.2 6.3 9.1 6.6 6.3 4.7 7.5 4.9 5.7 5.2 5.7 3.8 5.2 9.5 6.3 4.4 3.5 4.2 4.0 4.2 3.8 4.4 3.9 4.0 3.8 3.1 3.9 3.6 3.3 3.9 4.3 4.0 3.7 3.8 3.3

— 7.2 7.2 5.2 5.2 6.1 4.3 — 5.2 — 4.8 11.6 8.1 8.6 7.8 — — 6.3 6.1 6.6 6.5 6.9 11.0 4.2 5.2 5.2 5.3 5.8 5.8 4.1 — 5.5 5.4 5.2 5.0 4.2 4.8 5.2 5.5 5.1 5.6 4.0 5.6 3.2

1.7 5.9 4.1 2.6 2.2 4.1 3.1 4.5 9.1 3.0 6.8 7.0 4.8 5.6 3.2 5.5 3.0 3.3 7.8 7.5 2.8 4.4 4.2 3.8 7.6 4.2 3.5 4.1 3.8 2.6 4.1 4.8 4.5 5.6 5.2 2.8 3.8 4.3 4.6 3.7 4.4 2.5 4.0 1.8

8.9 13.2 12.8 2.6 2.3 4.2 15.5 14.1 16.5 9.7 15.4 15.7 9.4 14.5 10.7 13.7 12.8 5.6 15.0 14.4 10.7 7.8 8.8 17.3 14.7 6.5 3.9 6.0 5.9 2.6 6.0 7.8 6.5 9.6 10.8 2.8 5.5 7.0 7.7 5.4 6.7 2.5 6.4 1.0

-12.2 -13.3 -8.6 -1.8 -1.5 -3.0 -26.0 -25.4 -30.1 -18.1 -27.5 -37.0 -15.2 -25.3 -17.0 -22.8 -15.2 -7.1 -26.7 -25.7 -12.5 -11.7 -6.0 -30.7 -25.5 -7.1 -2.9 -6.8 -5.7 -1.9 -6.1 -9.4 -8.2 -14.2 -16.0 -1.9 -4.6 -7.5 -9.8 -3.6 -7.1 -1.6 -5.9 -0.5

0.20 29 0.23 351 0.25 20 0.19 1,224 0.21 189 0.20 12,799 1.10 1.12 1.11 0.75 0.77 0.90 0.73 0.95 1.00 1.25 0.93 0.93 0.90 0.80 0.81 0.00 0.92 0.72 0.27 0.46 0.41 0.48 0.46 0.50 0.22 0.57 0.61 0.63 0.71 0.51 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 134 662 332 401 458 218 1,278 742 274 545 724 762 889 532 388 9 196 135 341 534 1,222 1,156 316 757 785 833 977 749 498 302 666 420 705 2,588 827 1,257 401 1,101

28 24 80 101 109 61 46 35 74 25 27 126 255 39 75 220 653 779 354 54 69 24 66 103 21 26 5 10 17 8 20 11 7 19 29 25 17 18 23 19 15 11 29 32

28,863 8,237 2,691 16,710 5,292 67,871 3,041 3,331 2,326 4,366 6,800 3,095 7,232 18,949 2,087 2,760 2,511 2,550 7,805 6,889 3,997 5,508 28,785 1,717 11,598 1,689 4,806 5,770 1,857 3,805 1,875 14,325 10,766 7,168 1,737 1,184 5,182 2,877 6,456 27,317 7,524 12,738 3,017 11,506

06/00 07/73 05/86 03/94 12/87 12/86 06/85 05/03 06/72 09/02 08/90 05/93 05/98 12/96 12/96 03/00 04/04 04/98 04/98 12/84 09/86 06/90 09/86 06/86 12/78 07/84 04/77 12/77 07/84 12/86 04/01 02/77 10/83 03/86 03/85 12/83 03/94 04/86 12/78 09/77 09/77 08/87 04/86 09/77

36.5 2.5 37.5 1.5 53.0 3.6 21.6 3.3 48.1 5.5 46.2 7.8 34.0 7.0 42.4 4.9 28.6 6.2 35.1 5.9 32.1 8.9 21.5 6.9 49.9 4.2 45.8 4.7 17.5 6.3 26.8 4.9 29.1 12.6 43.6 2.6 36.7 3.3 9.0 7.4 10.1 9.1 5.0 10.2 13.5 12.4 21.0 25.4 6.1 7.8 9.5 15.5 8.3 10.5 5.0 9.5 2.6 3.0 4.7 3.8 4.3 4.6 4.3 2.9 3.6 2.2 1.0 4.8 3.7 2.4 3.2 4.6 3.7 4.4 3.6 3.6

Municipal Bond

—
C X X X X X X — X X Z

*Closed to new investors.
Foreign Large Growth Foreign Large Value Foreign Small/Mid Growth Foreign Small/Mid Value Global Real Estate Health High Yield Bond Inflation-Protected Bond Intermediate Government Intermediate-Term Bond LS GL LO CL Latin America Stock Long Government Long-Short Long-Term Bond MN Muni New York Long SN PJ SR RI GS CS TA TD TE TG Natural Resources Pacific/Asia ex-Japan Stk Real Estate Retirement Income Short Government Short-Term Bond Target-Date 2000-2010 Target-Date 2011-2015 Target-Date 2016-2020 Target-Date 2021-2025 TH TI TJ TK TL ST UB SU IA IB IS Target-Date 2026-2030 Target-Date 2031-2035 Target-Date 2036-2040 Target-Date 2041-2045 Target-Date 2050+ Technology Ultrashort Bond Utilities World Allocation World Bond World Stock Fixed-Income Style Box
Sht Int Long Hi Med Lo

Equity Style Box
Val Blnd Grth Lrg Mid Sm

MA Moderate Allocation MU Multisector Bond MC Muni California Int/Sh MX Muni California Long MI ML Muni National Interm Muni National Long

HM High Yield Muni

MS Muni National Short

MorningstarAdvisor.com 71


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Morningstar Advisor - April/May 2010

Table of Contents for the Digital Edition of Morningstar Advisor - April/May 2010

Morningstar Advisor - April/May 2010
Contents
New On MorningstarAdvisor.com
Contributors
Letter from the Editor
Our Job: Building Better Investors
What’s Your Biggest Long-term Concern for the Economy?
An Early Start
Women’s Work
Investment Briefs
Markowitz 2.0
Asset Allocation Is King
A Decade of Riskier Assets ...
... but with plenty of Silver Linings
Be Prepared
Facing up to the Economy’s Problems
Levelheaded
Surviving on Conviction
Four Picks for the Present
Pharmaceutical Firms Get the Urge to Merge
Funds That Look Cheaper Than the Market
Finding Dividend Leaders
Mutual Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks with Wide Moats
VAs: Assets Rise as New Sales Slip
New at Morningstar
When You Wish Upon a Star
Morningstar Advisor - April/May 2010 - Morningstar Advisor - April/May 2010
Morningstar Advisor - April/May 2010 - Cover2
Morningstar Advisor - April/May 2010 - 1
Morningstar Advisor - April/May 2010 - 2
Morningstar Advisor - April/May 2010 - Contents
Morningstar Advisor - April/May 2010 - 4
Morningstar Advisor - April/May 2010 - 5
Morningstar Advisor - April/May 2010 - New On MorningstarAdvisor.com
Morningstar Advisor - April/May 2010 - 7
Morningstar Advisor - April/May 2010 - Contributors
Morningstar Advisor - April/May 2010 - Letter from the Editor
Morningstar Advisor - April/May 2010 - 10
Morningstar Advisor - April/May 2010 - Our Job: Building Better Investors
Morningstar Advisor - April/May 2010 - 12
Morningstar Advisor - April/May 2010 - 13
Morningstar Advisor - April/May 2010 - What’s Your Biggest Long-term Concern for the Economy?
Morningstar Advisor - April/May 2010 - 15
Morningstar Advisor - April/May 2010 - An Early Start
Morningstar Advisor - April/May 2010 - 17
Morningstar Advisor - April/May 2010 - Women’s Work
Morningstar Advisor - April/May 2010 - 19
Morningstar Advisor - April/May 2010 - Investment Briefs
Morningstar Advisor - April/May 2010 - 21
Morningstar Advisor - April/May 2010 - Markowitz 2.0
Morningstar Advisor - April/May 2010 - 23
Morningstar Advisor - April/May 2010 - 24
Morningstar Advisor - April/May 2010 - 25
Morningstar Advisor - April/May 2010 - 26
Morningstar Advisor - April/May 2010 - 27
Morningstar Advisor - April/May 2010 - Asset Allocation Is King
Morningstar Advisor - April/May 2010 - 29
Morningstar Advisor - April/May 2010 - 30
Morningstar Advisor - April/May 2010 - 31
Morningstar Advisor - April/May 2010 - 32
Morningstar Advisor - April/May 2010 - 33
Morningstar Advisor - April/May 2010 - A Decade of Riskier Assets ...
Morningstar Advisor - April/May 2010 - ... but with plenty of Silver Linings
Morningstar Advisor - April/May 2010 - 36
Morningstar Advisor - April/May 2010 - Be Prepared
Morningstar Advisor - April/May 2010 - 38
Morningstar Advisor - April/May 2010 - 39
Morningstar Advisor - April/May 2010 - 40
Morningstar Advisor - April/May 2010 - 41
Morningstar Advisor - April/May 2010 - 42
Morningstar Advisor - April/May 2010 - 43
Morningstar Advisor - April/May 2010 - Facing up to the Economy’s Problems
Morningstar Advisor - April/May 2010 - 45
Morningstar Advisor - April/May 2010 - 46
Morningstar Advisor - April/May 2010 - 47
Morningstar Advisor - April/May 2010 - 48
Morningstar Advisor - April/May 2010 - 49
Morningstar Advisor - April/May 2010 - Levelheaded
Morningstar Advisor - April/May 2010 - 51
Morningstar Advisor - April/May 2010 - 52
Morningstar Advisor - April/May 2010 - 53
Morningstar Advisor - April/May 2010 - Surviving on Conviction
Morningstar Advisor - April/May 2010 - 55
Morningstar Advisor - April/May 2010 - 56
Morningstar Advisor - April/May 2010 - 57
Morningstar Advisor - April/May 2010 - Four Picks for the Present
Morningstar Advisor - April/May 2010 - 59
Morningstar Advisor - April/May 2010 - 60
Morningstar Advisor - April/May 2010 - Pharmaceutical Firms Get the Urge to Merge
Morningstar Advisor - April/May 2010 - 62
Morningstar Advisor - April/May 2010 - 63
Morningstar Advisor - April/May 2010 - Funds That Look Cheaper Than the Market
Morningstar Advisor - April/May 2010 - 65
Morningstar Advisor - April/May 2010 - Finding Dividend Leaders
Morningstar Advisor - April/May 2010 - 67
Morningstar Advisor - April/May 2010 - Mutual Fund Analyst Picks
Morningstar Advisor - April/May 2010 - 69
Morningstar Advisor - April/May 2010 - 70
Morningstar Advisor - April/May 2010 - 71
Morningstar Advisor - April/May 2010 - 50 Most Popular ETFs
Morningstar Advisor - April/May 2010 - 73
Morningstar Advisor - April/May 2010 - Undervalued Stocks with Wide Moats
Morningstar Advisor - April/May 2010 - 75
Morningstar Advisor - April/May 2010 - VAs: Assets Rise as New Sales Slip
Morningstar Advisor - April/May 2010 - 77
Morningstar Advisor - April/May 2010 - 78
Morningstar Advisor - April/May 2010 - New at Morningstar
Morningstar Advisor - April/May 2010 - When You Wish Upon a Star
Morningstar Advisor - April/May 2010 - Cover3
Morningstar Advisor - April/May 2010 - Cover4
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