Glossary

Fund Performance

• Total Returns
• NAV
• Calendar-Year Total Returns
• Trailing Total Returns
• Historical Quarterly Returns
• Growth of $10,000
• Tax Analysis
• Pretax Return
• Tax-adjusted Return
• % Rank in Category
• Tax Efficiency Ratio
• Volatility Measurements
• Standard Deviation
• Mean
• Sharpe Ratio
• Bear Market Decile Rank
• Modern Portfolio Theory Statistics
• R-Squared vs. Standard Index
• Beta vs. Standard Index
• Alpha vs. Standard Index
• R-Squared vs. Best-fit Index
• Alpha vs. Best Fit Index

Morningstar Measurement Tools

• Morningstar Star Rating
• Morningstar Risk
• Morningstar Return
• Morningstar Category
• Stock Funds
• Bond Funds
• Category Rating
• Category Risk
• Category Return

Portfolio Information

• Investment Style
• Domestic Equity Style Box
• International Equity Style Box
• Fixed Income Style Box
• Hybrid Funds
• Style Box Details
• Asset Allocation
• Sector Weightings
• International Exposure
• Top Holdings/Holdings Details

Fund Operations

• Fees and Expenses
• Maximum Sales Fees
• Expense Projections
• Maximum Fees
• Actual Fees
• Purchase Information
• Management