Morningstar Ratings & Rankings

  Morningstar Ratings™ as of 4/30/2019

Fund Name/
Inception Date
Category
Rating / Number of funds in the category
3-Year
5-Year
10-Year
Overall
Rating
Value Fund - Investor Class
(05/09/1986)
Large Growth

out of 1254

out of 1123

out of 817

out of 1254
Value Fund- Institutional Class
(05/09/1986)
Large Growth

out of 1254

out of 1123

out of 817

out of 1254
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth

out of 1254

out of 1123

out of 817

out of 1254
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth

out of 1254

out of 1123

out of 817

out of 1254
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity

out of 212

out of 123

out of 33

out of 212
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity

out of 212

out of 123

out of 33

out of 212
Hickory Fund
(04/01/1993)
Mid-Cap Blend

out of 379

out of 334

out of 233

out of 379
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 484

out of 391

out of 263

out of 484
Balanced Fund - Institutional Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 484

out of 391

out of 263

out of 484
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate Core-Plus Bond

out of 555
n/a
n/a

out of 555
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate Core-Plus Bond

out of 555
n/a
n/a

out of 555
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond

out of 481

out of 419

out of 269

out of 481
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond

out of 481

out of 419

out of 269

out of 481
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm

out of 134

out of 132

out of 111

out of 134
Ratings are based on past performance data and represents past performance, which does not guarantee future results.
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The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Rankings™ as of 4/30/2019

Fund Name/
Inception Date
Category
Ranking / Number of funds in the category
Percentile Ranking
1-Year
3-Year
5-Year
10-Year
Value Fund - Investor Class
(05/09/1986)
Large Growth
541 / 1405
36
1226 / 1254
97
1095 / 1123
97
752 / 817
90
Value Fund- Institutional Class
(05/09/1986)
Large Growth
504 / 1405
34
1218 / 1254
96
n/a
n/a
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth
1042 / 1405
76
1252 / 1254
100
1119 / 1123
100
794 / 817
97
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth
1014 / 1405
74
1251 / 1254
100
n/a
n/a
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity
5 / 258
2
34 / 212
20
43 / 123
35
n/a
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity
4 / 258
1
22 / 212
14
35 / 123
30
1 / 33
1
Hickory Fund
(04/01/1993)
Mid-Cap Blend
33 / 459
8
338 / 379
91
297 / 334
90
190 / 233
82
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity
7 / 555
2
57 / 484
12
55 / 391
15
43 / 263
20
Balanced Fund - Institutional Class
(10/01/2003)
Allocation--30% to 50% Equity
n/a
n/a
n/a
n/a
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate Core-Plus Bond
168 / 628
30
170 / 555
32
n/a
n/a
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate Core-Plus Bond
95 / 628
17
117 / 555
23
n/a
n/a
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond
331 / 538
62
247 / 481
59
182 / 419
50
n/a
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond
228 / 538
44
179 / 481
39
111 / 419
32
93 / 269
38
Ultra Short Government Fund
(08/01/1991)
Short Government
79 / 106
79
n/a
n/a
n/a
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm
137 / 149
94
115 / 134
91
130 / 132
99
110 / 111
100
Morningstar Ranking / # of Funds in Category displays the fund's actual rank within its Morningstar Category based on average annual total return and number of Funds in that Category.
The Morningstar Percentile Ranking compares a Fund's Morningstar risk and return scores with all the Funds in the same Category, where 1% = Best and 100% = Worst.
Morningstar Ranking / # of Funds in Category displays the fund's actual rank within its Morningstar Category based on average annual total return and number of Funds in that Category.
The Morningstar Percentile Ranking compares a Fund's Morningstar risk and return scores with all the Funds in the same Category, where 1% = Best and 100% = Worst.