Morningstar Ratings & Rankings

  Morningstar Ratings™ as of 6/30/2018

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 1265

out of 1141

out of 825

out of 1265
Value Fund- Institutional Class
(05/09/1986)
Large Growth

out of 1265

out of 1141

out of 825

out of 1265
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth

out of 1265

out of 1141

out of 825

out of 1265
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth

out of 1265

out of 1141

out of 825

out of 1265
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity

out of 189

out of 100

out of 27

out of 189
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity

out of 189

out of 100

out of 27

out of 189
Hickory Fund
(04/01/1993)
Mid-Cap Blend

out of 369

out of 329

out of 232

out of 369
Balanced Fund
(10/01/2003)
Allocation--30% to 50% Equity

out of 425

out of 358

out of 255

out of 425
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate-Term Bond

out of 878
n/a
n/a

out of 878
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate-Term Bond

out of 878
n/a
n/a

out of 878
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond

out of 447

out of 378

out of 250

out of 447
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond

out of 447

out of 378

out of 250

out of 447
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm

out of 143

out of 140

out of 117

out of 143
Ratings are based on past performance data and represents past performance, which does not guarantee future results.
© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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 6/30/2018

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
1434 / 1454
98
1245 / 1265
98
1125 / 1141
98
694 / 825
82
Value Fund- Institutional Class
(05/09/1986)
Large Growth
1430 / 1454
97
1240 / 1265
98
n/a
n/a
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth
1450 / 1454
100
1257 / 1265
100
1130 / 1141
100
662 / 825
78
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth
1449 / 1454
100
1254 / 1265
99
n/a
n/a
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity
198 / 276
72
146 / 189
77
63 / 100
60
n/a
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity
190 / 276
69
135 / 189
71
52 / 100
49
3 / 27
10
Hickory Fund
(04/01/1993)
Mid-Cap Blend
437 / 456
97
338 / 369
93
315 / 329
97
129 / 232
61
Balanced Fund
(10/01/2003)
Allocation--30% to 50% Equity
68 / 517
13
81 / 425
18
158 / 358
44
15 / 255
9
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate-Term Bond
117 / 999
12
50 / 878
6
n/a
n/a
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate-Term Bond
80 / 999
8
36 / 878
4
n/a
n/a
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond
253 / 513
56
147 / 447
39
116 / 378
37
n/a
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond
193 / 513
42
99 / 447
27
83 / 378
27
42 / 250
18
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm
137 / 156
90
143 / 143
100
139 / 140
100
115 / 117
99
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.