Morningstar Ratings & Rankings

  Morningstar Ratings™ as of 2/28/2019

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 1114

out of 804

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

out of 1254

out of 1114

out of 804

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

out of 1254

out of 1114

out of 804

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

out of 1254

out of 1114

out of 804

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

out of 198

out of 120

out of 33

out of 198
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity

out of 198

out of 120

out of 33

out of 198
Hickory Fund
(04/01/1993)
Mid-Cap Blend

out of 383

out of 338

out of 239

out of 383
Balanced Fund
(10/01/2003)
Allocation--30% to 50% Equity

out of 474

out of 374

out of 262

out of 474
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate-Term Bond

out of 879
n/a
n/a

out of 879
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate-Term Bond

out of 879
n/a
n/a

out of 879
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond

out of 476

out of 415

out of 265

out of 476
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond

out of 476

out of 415

out of 265

out of 476
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm

out of 138

out of 137

out of 116

out of 138
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 2/28/2019

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
944 / 1400
68
1239 / 1254
98
1093 / 1114
98
735 / 804
90
Value Fund- Institutional Class
(05/09/1986)
Large Growth
906 / 1400
65
1236 / 1254
98
n/a
n/a
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth
1372 / 1400
98
1253 / 1254
100
1108 / 1114
100
778 / 804
95
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth
1366 / 1400
98
1252 / 1254
100
n/a
n/a
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity
22 / 255
11
68 / 198
38
73 / 120
60
n/a
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity
17 / 255
9
46 / 198
25
61 / 120
51
2 / 33
7
Hickory Fund
(04/01/1993)
Mid-Cap Blend
338 / 467
73
356 / 383
94
313 / 338
94
199 / 239
82
Balanced Fund
(10/01/2003)
Allocation--30% to 50% Equity
42 / 548
11
124 / 474
27
88 / 374
25
30 / 262
13
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate-Term Bond
54 / 1023
7
69 / 879
8
n/a
n/a
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate-Term Bond
29 / 1023
4
60 / 879
7
n/a
n/a
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond
218 / 532
49
186 / 476
43
163 / 415
47
n/a
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond
158 / 532
37
149 / 476
34
102 / 415
30
83 / 265
34
Ultra Short Government Fund
(08/01/1991)
Short Government
51 / 106
56
n/a
n/a
n/a
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm
112 / 154
77
120 / 138
91
135 / 137
99
115 / 116
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.