Morningstar Advisor - October/November 2010 - 70

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 favorites for each category. Analysts make
Name Cat

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
Style Stwd- Morningstar Box ship Rating Grade Annualized Total Return % YTD 1Yr 3Yr 5Yr 10Yr Yield %

strong stewardship. Because we recognize that different funds come with different risks, each category may contain picks that are vastly different from each other. There were 192 Analyst Picks as of Aug. 31, 2010.
Std Dev 3 Yr % Worst 3-Mo Ret % Exp Ratio # of TurnHold- over ings % Total Assets ($Mil) Incep Date

American Funds Washington Mutual A AWSHX Columbia Value & Restructuring Z UMBIX Dodge & Cox Stock DODGX Sound Shore SSHFX T. Rowe Price Equity Income PRFDX Weitz Partners Value WPVLX American Funds Fundamental Investors A ANCFX Clipper CFIMX Davis NY Venture A NYVTX Fairholme FAIRX FMI Large Cap FMIHX 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 Dividend Growth VDIGX Vanguard Tax-Managed Capital App VMCAX Vanguard Tax-Managed Growth & Inc VTGIX WHG Large Cap Value Instl WHGLX American Funds AMCAP A AMCPX Aston/Montag & Caldwell Growth N MCGFX Calamos Growth & Income A CVTRX 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 Invs VHCOX Vanguard PRIMECAP VPMCX * Vanguard PRIMECAP Core VPCCX * Artisan Mid Cap Value Investor ARTQX * Longleaf Partners Small-Cap LLSCX * Perkins Mid Cap Value T JMCVX Schneider Value SCMLX T. Rowe Price Mid-Cap Value TRMCX Vanguard Selected Value VASVX Ariel Appreciation CAAPX Fidelity Spartan Extended Mkt Index Inv FSEMX

Lg Value

Ç Ç Ç Ê È È È Ç É È È È È È È È É È È È É É

X Z Z X Z Z Z — — X X X — — Z Z — X X X Z C

ÙÙÙ ÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙ ÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙ ÙÙÙÙ ÙÙÙ — — ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙÙ ÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙÙ Ù ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ

Ç — Ç —

-3.1 -7.1 -7.2 -6.9 -3.6 3.6

7.1 -9.1 6.6 -9.5 1.9 -12.4 0.2 -9.1 4.1 -8.2 7.8 -7.8

-0.8 -1.3 -3.1 -1.3 -0.5 -1.0 1.5 -4.5 -1.1 6.4 2.8 -1.6 0.9 -1.4 0.4 1.2 -0.6 -0.9 2.4 2.6 -0.8 -1.0 — -0.4 0.9 2.6 -0.1 1.3 1.9 -2.3 1.9 1.6 2.2 2.2 2.6 2.3 3.2 -6.0 3.1 0.8 0.1 1.1

2.4 2.5 4.4 3.1 3.4 2.0 2.1 2.3 0.4 11.8 — 4.1 5.1 5.0 -1.0 0.1 — 0.3 5.4 1.0 -2.4 -1.8 — 0.8 -1.1 4.0 -4.2 1.9 — — -1.1 1.3 0.4 — — 7.1 8.9 — 9.1 7.3 5.9 1.0

2.8 1.1 1.3 0.8 1.9 0.0 1.2 0.9 0.7 0.9 1.3 0.0 0.7 0.3 — — 1.1 0.8 0.0 2.3 1.6 2.1 0.9 0.5 0.4 2.2 0.3 1.1 0.2 0.7 0.0 0.4 0.8 0.8 0.4 0.0 0.2 2.3 1.1 1.5 0.1 1.1

19.6 29.3 25.3 21.3 23.1 22.7 22.0 25.1 23.1 26.9 19.3 29.2 24.7 26.7 19.5 19.8 23.4 23.4 18.9 17.1 21.8 21.3 19.3 21.7 20.4 18.1 20.5 18.8 22.3 22.9 23.6 25.1 21.3 20.9 24.8 28.8 19.7 32.0 23.7 22.7 30.5 25.4

-26.0 -44.9 -35.7 -35.3 -28.3 -28.7 -33.8 -33.0 -31.5 -34.2 -24.2 -47.4 -31.8 -34.7 -29.4 -30.7 -31.1 -31.2 -23.6 -22.6 -31.5 -29.7 -24.5 -29.9 -28.1 -27.9 -30.5 -23.4 -32.2 -35.3 -37.4 -37.3 -32.0 -31.2 -35.7 -35.5 -28.6 -45.2 -32.4 -31.6 -39.4 -37.0

0.70 0.89 0.52 0.94 0.72 1.21 0.69 0.80 0.92 1.00 0.97 0.91 1.23 1.19 0.36 0.53 0.61 0.94 1.01 0.38 0.21 0.21 1.00 0.78 1.11 1.12 0.69 0.92 0.71 0.84 0.89 0.50 0.49 0.54 1.21 0.95 1.03 0.88 0.84 0.47 1.25 0.10

133 63 84 42 121 42 243 25 96 66 26 24 57 22 503 2,263 86 86 32 49 633 504 55 187 32 104 68 28 116 71 106 112 113 141 56 21 159 40 136 73 40 3,126

22 6 18 97 14 30 30 15 15 71 32 29 62 34 3 5 11 11 15 24 26 38 89 29 35 66 72 12 12 24 68 12 4 5 54 13 66 107 58 30 44 26

46,890 5,644 36,730 1,732 17,644 550 44,271 1,072 29,458 14,827 2,950 7,667 3,121 2,234 8,950 1,291 6,746 6,746 3,097 3,486 3,274 2,071 197 19,251 2,756 3,727 8,634 2,689 1,186 77 935 7,864 26,873 4,432 5,560 2,586 12,371 99 8,263 3,382 1,196 3,800

07/52 12/92 01/65 05/85 10/85 05/83 08/78 02/84 02/69 12/99 12/01 04/87 08/91 11/96 05/96 06/99 05/04 02/33 07/70 05/92 09/94 09/94 06/06 05/67 11/94 09/88 12/87 08/92 11/04 05/04 09/85 08/95 11/84 12/04 03/01 02/89 08/98 09/02 06/96 02/96 12/89 11/97

Ç —

-4.8 5.7 -7.4 -2.5 7.2 -11.9 -6.6 3.7 -9.3 3.1 12.1 1.2 -5.1 4.4 -3.7 -1.9 10.1 -11.2 -5.7 5.3 -4.4 -4.1 6.5 -6.5 14.8 -18.1 -5.9 16.2 -18.1 -5.3 -6.2 4.0 -8.7 -6.4 3.6 -9.0 4.0 6.3 -4.2 -4.5 6.1 -4.1 -4.8 5.1 -8.4 -4.7 4.8 -8.7 -6.4 1.1 -8.9 -6.8 -8.4 -3.6 -9.9 -5.6 -6.9 -8.0 -5.6 -11.5 -7.0 -6.3 -3.9 0.1 -3.4 -6.3 -3.7 -1.6 -5.8 -0.1 2.7 -7.1 1.7 -4.3 7.7 -1.9 2.9 -5.0 8.3 -3.6 3.9 -5.4 2.5 -11.0 5.3 -3.5 0.3 -7.0 5.1 -4.4 4.8 -4.0 6.9 -2.6 14.9 -7.9 4.7 -2.7 -1.3 -16.8 7.5 -3.3 8.8 -5.8 11.2 10.9 -4.7 -5.8

Lg Growth

Lg Blend

É — É — É — Ì É É É É É Ë Ë Ê Ê Ë Î Z Z Z Z Z Z Z X Z X — X

Mid Value

Ê —

Ç —

Mid Blend

*Closed to new investors.

70 Morningstar Advisor October/November 2010



Morningstar Advisor - October/November 2010

Table of Contents for the Digital Edition of Morningstar Advisor - October/November 2010

Morningstar Advisor - October/November 2010
Contents
New on MorningstarAdvisor.com
Contributors
Letter From the Editor
What estate-planning strategies are you and your clients doing before the end of the year?
Next Steps for ETFs
Investment Briefs
Taking It Personal
A Model Practice
Find the Right Fit
Will REITs Put You in the Penthouse?
Prepare for the Worst
Tips for Common Family Situations
Might Makes Right
Built to Last
Four Picks for the Present
Tactical Strategies Miss Their Mark
Time to Hop on the Commodities Bandwagon?
Retailers Balance Caution and Catalysts
In Search of … Recession Survivors
Turmoil-Tested Small-Cap Funds
Mutual Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks With Wide Moats
VA Sales Rise in Second Quarter
The Third Rail
Morningstar Advisor - October/November 2010 - Intro
Morningstar Advisor - October/November 2010 - Morningstar Advisor - October/November 2010
Morningstar Advisor - October/November 2010 - Cover2
Morningstar Advisor - October/November 2010 - 1
Morningstar Advisor - October/November 2010 - 2
Morningstar Advisor - October/November 2010 - Contents
Morningstar Advisor - October/November 2010 - 4
Morningstar Advisor - October/November 2010 - 5
Morningstar Advisor - October/November 2010 - New on MorningstarAdvisor.com
Morningstar Advisor - October/November 2010 - 7
Morningstar Advisor - October/November 2010 - Contributors
Morningstar Advisor - October/November 2010 - Letter From the Editor
Morningstar Advisor - October/November 2010 - What estate-planning strategies are you and your clients doing before the end of the year?
Morningstar Advisor - October/November 2010 - 11
Morningstar Advisor - October/November 2010 - Next Steps for ETFs
Morningstar Advisor - October/November 2010 - 13
Morningstar Advisor - October/November 2010 - Investment Briefs
Morningstar Advisor - October/November 2010 - 15
Morningstar Advisor - October/November 2010 - 16
Morningstar Advisor - October/November 2010 - 17
Morningstar Advisor - October/November 2010 - Taking It Personal
Morningstar Advisor - October/November 2010 - 19
Morningstar Advisor - October/November 2010 - A Model Practice
Morningstar Advisor - October/November 2010 - 21
Morningstar Advisor - October/November 2010 - Find the Right Fit
Morningstar Advisor - October/November 2010 - 23
Morningstar Advisor - October/November 2010 - 24
Morningstar Advisor - October/November 2010 - 25
Morningstar Advisor - October/November 2010 - Will REITs Put You in the Penthouse?
Morningstar Advisor - October/November 2010 - 27
Morningstar Advisor - October/November 2010 - 28
Morningstar Advisor - October/November 2010 - 29
Morningstar Advisor - October/November 2010 - 30
Morningstar Advisor - October/November 2010 - 31
Morningstar Advisor - October/November 2010 - Prepare for the Worst
Morningstar Advisor - October/November 2010 - 33
Morningstar Advisor - October/November 2010 - 34
Morningstar Advisor - October/November 2010 - 35
Morningstar Advisor - October/November 2010 - Tips for Common Family Situations
Morningstar Advisor - October/November 2010 - 37
Morningstar Advisor - October/November 2010 - Might Makes Right
Morningstar Advisor - October/November 2010 - 39
Morningstar Advisor - October/November 2010 - 40
Morningstar Advisor - October/November 2010 - 41
Morningstar Advisor - October/November 2010 - 42
Morningstar Advisor - October/November 2010 - 43
Morningstar Advisor - October/November 2010 - 44
Morningstar Advisor - October/November 2010 - 45
Morningstar Advisor - October/November 2010 - Built to Last
Morningstar Advisor - October/November 2010 - 47
Morningstar Advisor - October/November 2010 - 48
Morningstar Advisor - October/November 2010 - 49
Morningstar Advisor - October/November 2010 - Four Picks for the Present
Morningstar Advisor - October/November 2010 - 51
Morningstar Advisor - October/November 2010 - Tactical Strategies Miss Their Mark
Morningstar Advisor - October/November 2010 - 53
Morningstar Advisor - October/November 2010 - 54
Morningstar Advisor - October/November 2010 - 55
Morningstar Advisor - October/November 2010 - 56
Morningstar Advisor - October/November 2010 - 57
Morningstar Advisor - October/November 2010 - Time to Hop on the Commodities Bandwagon?
Morningstar Advisor - October/November 2010 - 59
Morningstar Advisor - October/November 2010 - 60
Morningstar Advisor - October/November 2010 - Retailers Balance Caution and Catalysts
Morningstar Advisor - October/November 2010 - 62
Morningstar Advisor - October/November 2010 - 63
Morningstar Advisor - October/November 2010 - 64
Morningstar Advisor - October/November 2010 - 65
Morningstar Advisor - October/November 2010 - In Search of … Recession Survivors
Morningstar Advisor - October/November 2010 - 67
Morningstar Advisor - October/November 2010 - Turmoil-Tested Small-Cap Funds
Morningstar Advisor - October/November 2010 - 69
Morningstar Advisor - October/November 2010 - Mutual Fund Analyst Picks
Morningstar Advisor - October/November 2010 - 71
Morningstar Advisor - October/November 2010 - 72
Morningstar Advisor - October/November 2010 - 73
Morningstar Advisor - October/November 2010 - 50 Most Popular ETFs
Morningstar Advisor - October/November 2010 - 75
Morningstar Advisor - October/November 2010 - Undervalued Stocks With Wide Moats
Morningstar Advisor - October/November 2010 - 77
Morningstar Advisor - October/November 2010 - VA Sales Rise in Second Quarter
Morningstar Advisor - October/November 2010 - 79
Morningstar Advisor - October/November 2010 - The Third Rail
Morningstar Advisor - October/November 2010 - Cover3
Morningstar Advisor - October/November 2010 - Cover4
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