Morningstar Advisor - October/November 2012 - (Page 72)

By the Numbers: Funds Our Favorite Mutual Funds The five-tiered Morningstar Analyst Rating scale has three positive levels—Gold, Silver, and Bronze—in addition to Neutral and Negative ratings. Morningstar reserves the top three tiers for funds its analyst team thinks have sustainable advantages that position them well versus peers on a risk-adjusted basis over a full market cycle of at least five Style Stwd- Morningstar Box ship Rating Grade Annualized Total Return % YTD 1Yr 3Yr 5Yr 10Yr Yield % years. There are 189 funds with Gold Analyst Ratings as of Aug. 31, 2012. Name Cat Std Dev 3 Yr % Worst 3-Mo Ret % Exp Ratio # of TurnHold- over ings % Total Assets ($Mil) Incep Date American Funds American Mutual A AMRMX American Funds Washington Mutual A AWSHX Dodge & Cox Stock DODGX T. Rowe Price Equity Income PRFDX American Funds Fundamental Investors A ANCFX Clipper CFIMX Davis NY Venture A NYVTX FMI Large Cap FMIHX Longleaf Partners LLPFX Manning & Napier Equity EXEYX Oakmark I OAKMX Oakmark Select I OAKLX Selected American Shares S SLASX Sequoia SEQUX Vanguard Dividend Growth Inv VDIGX Vanguard Institutional Index I VINIX Vanguard Tax-Managed Capital App I VTCIX Vanguard Tax-Managed Growth & Inc I VTMIX Vanguard Total Stock Mkt Idx Inv VTSMX Yacktman Svc YACKX American Funds AMCAP A AMCPX American Funds New Economy A ANEFX ASTON/Montag & Caldwell Growth N MCGFX Harbor Capital Appreciation Instl HACAX Jensen Quality Growth J JENSX Morgan Stanley Focus Growth B AMOBX Morgan Stanley Institutional Growth I MSEQX PRIMECAP Odyssey Growth POGRX PRIMECAP Odyssey Stock POSKX T. Rowe Price New America Growth PRWAX Vanguard Capital Opportunity Inv VHCOX * Vanguard PRIMECAP Core Inv VPCCX * Vanguard PRIMECAP Inv VPMCX Artisan Mid Cap Value Investor ARTQX * Perkins Mid Cap Value L JMIVX * T. Rowe Price Mid-Cap Value TRMCX * Vanguard Selected Value Inv VASVX Fidelity Spartan Extended Mkt Index Inv FSEMX FMI Common Stock FMIMX * Longleaf Partners Small-Cap LLSCX Osterweis OSTFX Vanguard Mid Cap Index I VMCIX Weitz Partners Value WPVLX *Closed to new investors. Lg Value Ç È Ç Ç È È É È È É È É É É È È È È È Ç É É É É É É É É È É É É É Ê Ê Ê Ê Ï Ê Ë Ë Ë È Z Z Z Z Z Z Z X C C Z Z Z Z Z Z Z Z X X ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙ ÙÙ Ù ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ 9.9 10.2 15.2 12.1 11.8 7.5 9.2 12.1 10.3 8.9 15.1 13.9 9.0 9.2 9.0 13.5 13.3 13.5 13.2 8.9 11.4 15.6 12.3 14.0 9.6 7.1 10.0 13.8 9.5 10.0 11.3 9.9 10.7 5.9 7.1 13.8 9.6 12.0 5.1 14.7 10.5 10.5 12.5 16.0 16.4 16.3 16.5 13.3 8.9 10.2 15.4 7.7 10.4 19.5 16.3 10.4 15.5 16.7 18.0 17.2 18.0 17.0 12.0 13.6 11.7 16.3 12.9 12.8 -3.7 1.1 15.8 12.4 11.8 13.0 11.8 12.7 12.5 13.9 11.2 11.4 11.6 11.5 9.0 11.7 12.3 9.2 13.7 13.5 9.1 14.7 13.9 13.6 13.8 13.6 13.9 13.8 12.0 10.6 11.7 13.5 11.6 14.1 15.1 12.7 12.0 13.4 9.5 11.9 11.5 2.0 0.7 -1.9 0.6 0.8 -2.4 -1.4 3.6 -2.0 0.1 4.0 2.3 -1.1 4.5 4.1 1.3 1.6 1.3 1.7 9.8 1.8 1.3 3.7 4.0 2.9 2.4 3.2 3.1 2.4 4.4 1.0 3.4 2.8 4.4 2.9 3.4 2.4 3.0 5.5 2.2 1.9 2.1 2.1 6.6 6.0 6.4 6.5 8.3 1.7 5.9 9.3 5.4 7.6 6.6 5.8 5.9 6.6 7.6 6.5 7.3 6.5 7.2 10.6 6.8 8.7 5.7 7.1 5.1 5.3 7.4 — — 8.6 10.5 — 9.3 11.7 9.9 10.1 8.7 10.0 10.1 10.2 8.4 9.2 6.6 2.4 2.3 1.7 2.0 1.6 1.3 0.6 1.0 0.4 0.2 0.7 0.2 0.4 0.0 2.0 1.9 1.6 1.9 1.7 1.5 0.4 0.4 0.5 0.1 1.1 0.0 0.0 0.3 1.1 0.2 0.5 1.1 1.0 0.6 0.9 1.0 1.6 1.1 0.2 0.0 0.0 1.2 0.0 12.4 13.6 18.0 16.0 16.5 13.6 15.7 14.3 19.2 17.3 16.6 18.2 15.5 11.5 12.6 15.6 16.3 15.6 16.4 12.1 16.1 17.2 13.5 17.4 14.9 19.4 18.9 18.2 14.9 17.0 19.2 16.2 16.7 15.5 14.9 17.1 16.5 19.8 15.9 18.6 13.2 18.5 15.7 -24.9 -26.0 -35.7 -28.3 -33.8 -33.0 -31.5 -24.2 -47.4 -32.0 -31.8 -34.7 -31.2 -23.6 -22.6 -29.6 -31.5 -29.6 -31.2 -21.9 -29.9 -32.8 -28.1 -30.5 -23.4 -44.9 -41.4 -32.2 -32.6 -37.4 -37.3 -31.2 -32.0 -35.7 -28.6 -32.4 -31.6 -37.0 -29.8 -35.5 -27.2 -38.3 -28.7 0.62 0.62 0.52 0.68 0.63 0.75 0.89 0.97 0.91 1.05 1.04 1.07 0.94 1.00 0.31 0.04 0.08 0.08 0.17 0.80 0.73 0.85 1.06 0.66 0.91 1.71 0.71 0.66 0.66 0.81 0.48 0.51 0.45 1.20 0.77 0.81 0.45 0.10 1.21 0.92 0.98 0.08 1.20 213 156 80 129 275 28 90 30 31 71 56 22 88 47 51 505 623 504 3,313 48 223 196 39 72 30 38 51 118 111 130 127 140 123 61 155 117 69 3,087 48 23 36 455 40 23 22 16 15 22,322 55,157 39,531 23,778 02/50 07/52 01/65 10/85 08/78 02/84 02/69 12/01 04/87 05/98 08/91 11/96 02/33 07/70 05/92 07/90 02/99 03/99 04/92 07/92 05/67 12/83 11/94 12/87 08/92 03/80 04/91 11/04 11/04 09/85 08/95 12/04 11/84 03/01 08/98 06/96 02/96 11/97 12/81 02/89 10/93 05/98 05/83 — ÙÙÙÙÙ — ÙÙÙ — ÙÙÙÙÙ — ÙÙÙÙÙ 28 50,764 15 1,049 8 21,196 28 6,095 24 8,334 54 1,523 18 6,659 16 3,086 11 5,780 3 5,549 13 11,321 5 114,185 2 4,015 6 2,523 5 23,096 3 8,231 31 45 63 53 16 32 26 13 24 32 9 9 8 32 54 54 25 11 26 37 31 22 31 24,645 7,543 4,476 17,223 4,013 1,547 817 2,320 1,484 3,537 7,456 4,722 29,364 8,069 12,519 9,182 4,240 6,729 1,148 3,487 954 3,819 728 Lg Growth Lg Blend — ÙÙÙ — ÙÙ — ÙÙÙ Z Z Z Z Z Z X X Z Z C Z X Z X ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ ÙÙÙÙ 10.8 12.8 8.1 9.3 14.0 12.1 13.9 13.5 13.2 14.0 13.3 12.2 11.7 17.0 15.4 12.2 17.9 9.4 15.5 15.1 Mid Blend Mid Value — ÙÙÙÙÙ 72 Morningstar Advisor October/November 2012

Table of Contents for the Digital Edition of Morningstar Advisor - October/November 2012

Morningstar Advisor - October/November 2012
Contents
Contributors
Letter From the Editor
Ill Communication
Do You Use Factor-Investing Strategies?
Practicing What She Preaches
How to Determine the True Price of ETFs
The Quant Factor
Managers Dispute the Death of Equities
Investments á la Carte
Investment Briefs
Five Inconvenient Truths of Manager Research
Health Care’s Outlook Clarifies
Exploring the World of Factors
Uncloaking the Alpha Machine
Factor Strategies Gain Footholds in Practices
Big Mo
Fitting Factors Into the Formula
Clients Have a Friend in Luther King
Less-Liquid Holdings Mean More-Solid Results
Retirement-Withdrawal Strategies Quantified
Amid Turmoil, Don’t Discount Foreign Equities
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
Should I Stay or Should I Go?

Morningstar Advisor - October/November 2012