Morningstar Ratings & Rankings

  Morningstar Ratings™ as of 10/31/2019

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 1232

out of 1095

out of 813

out of 1232
Value Fund- Institutional Class
(05/09/1986)
Large Growth

out of 1232

out of 1095

out of 813

out of 1232
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth

out of 1232

out of 1095

out of 813

out of 1232
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth

out of 1232

out of 1095

out of 813

out of 1232
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity

out of 199

out of 136

out of 38

out of 199
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity

out of 199

out of 136

out of 38

out of 199
Hickory Fund
(04/01/1993)
Mid-Cap Blend

out of 371

out of 307

out of 230

out of 371
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 491

out of 399

out of 263

out of 491
Balanced Fund - Institutional Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 491

out of 399

out of 263

out of 491
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate Core-Plus Bond

out of 539

out of 450
n/a

out of 539
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate Core-Plus Bond

out of 539

out of 450
n/a

out of 539
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond

out of 491

out of 439

out of 277

out of 491
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond

out of 491

out of 439

out of 277

out of 491
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm

out of 137

out of 131

out of 111

out of 137
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 10/31/2019

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
150 / 1373
11
1057 / 1232
87
1029 / 1095
93
711 / 813
85
Value Fund- Institutional Class
(05/09/1986)
Large Growth
133 / 1373
10
1029 / 1232
85
1019 / 1095
92
n/a
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth
496 / 1373
37
1219 / 1232
99
1088 / 1095
100
775 / 813
95
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth
435 / 1373
32
1213 / 1232
98
1084 / 1095
99
n/a
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity
4 / 239
2
14 / 199
10
26 / 136
21
n/a
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity
3 / 239
1
12 / 199
9
14 / 136
13
1 / 38
1
Hickory Fund
(04/01/1993)
Mid-Cap Blend
17 / 421
3
262 / 371
76
217 / 307
75
129 / 230
65
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity
54 / 558
9
20 / 491
6
55 / 399
12
31 / 263
13
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
496 / 617
77
241 / 539
46
60 / 450
13
n/a
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate Core-Plus Bond
472 / 617
74
159 / 539
31
33 / 450
8
n/a
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond
366 / 559
66
304 / 491
70
207 / 439
53
n/a
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond
318 / 559
59
242 / 491
55
133 / 439
37
78 / 277
33
Ultra Short Government Fund
(08/01/1991)
Short Government
88 / 101
88
n/a
n/a
n/a
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm
143 / 148
97
122 / 137
91
129 / 131
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.