Morningstar Ratings & Rankings

  Morningstar Ratings™ as of 6/30/2019

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 1235

out of 1100

out of 812

out of 1235
Value Fund- Institutional Class
(05/09/1986)
Large Growth

out of 1235

out of 1100

out of 812

out of 1235
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth

out of 1235

out of 1100

out of 812

out of 1235
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth

out of 1235

out of 1100

out of 812

out of 1235
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity

out of 206

out of 131

out of 33

out of 206
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity

out of 206

out of 131

out of 33

out of 206
Hickory Fund
(04/01/1993)
Mid-Cap Blend

out of 362

out of 312

out of 228

out of 362
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 492

out of 398

out of 265

out of 492
Balanced Fund - Institutional Class
(10/01/2003)
Allocation--30% to 50% Equity

out of 492

out of 398

out of 265

out of 492
Core Plus Income Fund - Investor Class
(07/31/2014)
Intermediate Core-Plus Bond

out of 539
n/a
n/a

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

out of 539
n/a
n/a

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

out of 478

out of 421

out of 269

out of 478
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond

out of 478

out of 421

out of 269

out of 478
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm

out of 133

out of 131

out of 111

out of 133
Ratings are based on past performance data and represents past performance, which does not guarantee future results.
©2019 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (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 6/30/2019

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
212 / 1383
15
1176 / 1235
94
1057 / 1100
96
709 / 812
85
Value Fund- Institutional Class
(05/09/1986)
Large Growth
185 / 1383
13
1159 / 1235
93
n/a
n/a
Partners Value Fund - Investor Class
(06/01/1983)
Large Growth
933 / 1383
68
1228 / 1235
99
1094 / 1100
100
781 / 812
96
Partners Value Fund- Institutional Class
(06/01/1983)
Large Growth
891 / 1383
65
1225 / 1235
99
n/a
n/a
Partners III Opportunity Fund - Investor Class
(06/01/1983)
Long-Short Equity
5 / 254
3
28 / 206
18
43 / 131
35
n/a
Partners III Opportunity Fund - Institutional Class
(06/01/1983)
Long-Short Equity
4 / 254
2
18 / 206
11
38 / 131
32
1 / 33
1
Hickory Fund
(04/01/1993)
Mid-Cap Blend
52 / 437
14
299 / 362
85
256 / 312
84
156 / 228
73
Balanced Fund - Investor Class
(10/01/2003)
Allocation--30% to 50% Equity
23 / 553
4
43 / 492
9
41 / 398
10
31 / 265
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
461 / 623
73
241 / 539
45
n/a
n/a
Core Plus Income Fund- Institutional Class
(07/31/2014)
Intermediate Core-Plus Bond
415 / 623
65
169 / 539
32
n/a
n/a
Short Duration Income Fund - Investor Class
(12/23/1988)
Short-Term Bond
375 / 542
68
290 / 478
68
179 / 421
46
n/a
Short Duration Income Fund - Institutional Class
(12/23/1988)
Short-Term Bond
316 / 542
57
218 / 478
47
116 / 421
34
85 / 269
35
Ultra Short Government Fund
(08/01/1991)
Short Government
82 / 103
80
n/a
n/a
n/a
Nebraska Tax-Free Income Fund
(10/01/1985)
Muni Single State Interm
140 / 148
95
103 / 133
84
130 / 131
100
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.