Morningstar ratings

Based on risk-adjusted return.

Please note: The Funds offer multiple share classes, which are subject to different fees and expenses that will affect their performance and Morningstar ratings.

  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 5 star 5 star 5 star 4 star
Funds in category 6/30/2021 84 84 72 53
Morningstar Category: China Region
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star 2 star
Funds in category 6/30/2021 282 282 239 144
Morningstar Category: World Large-Stock Blend
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 4 star 4 star 3 star 4 star
Funds in category 6/30/2021 701 701 602 306
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star N/A
Funds in category 6/30/2021 245 245 196 N/A
Morningstar Category: Emerging Markets Bond
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 4 star 4 star 3 star 5 star
Funds in category 6/30/2021 701 701 602 306
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star 3 star
Funds in category 6/30/2021 90 90 85 34
Morningstar Category: Macro Trading
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 1 star 2 star 1 star 1 star
Funds in category 6/30/2021 307 307 263 166
Morningstar Category: World Large-Stock Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 2 star 3 star 2 star 1 star
Funds in category 6/30/2021 307 307 263 166
Morningstar Category: World Large-Stock Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star 2 star
Funds in category 6/30/2021 634 634 556 361
Morningstar Category: High Yield Bond
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 4 star 4 star 5 star 3 star
Funds in category 6/30/2021 82 82 67 26
Morningstar Category: Infrastructure
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 2 star 2 star 3 star 1 star
Funds in category 6/30/2021 195 195 169 108
Morningstar Category: Global Real Estate
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 4 star 4 star 3 star 4 star
Funds in category 6/30/2021 120 120 107 69
Morningstar Category: Foreign Small/Mid Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 4 star 4 star 1 star
Funds in category 6/30/2021 673 673 579 385
Morningstar Category: Foreign Large Blend
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star 3 star
Funds in category 6/30/2021 254 254 223 164
Morningstar Category: Muni National Interm
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 3 star 3 star
Funds in category 6/30/2021 228 228 199 143
Morningstar Category: Real Estate
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 2 star 1 star 2 star N/A
Funds in category 6/30/2021 182 182 151 N/A
Morningstar Category: High Yield Muni
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 5 star 5 star 5 star 4 star
Funds in category 6/30/2021 403 403 348 264
Morningstar Category: Intermediate Core Bond
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 2 star 2 star 2 star 2 star
Funds in category 6/30/2021 200 200 180 137
Morningstar Category: Muni National Short
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 3 star 3 star 2 star 4 star
Funds in category 6/30/2021 576 576 505 379
Morningstar Category: Small Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 2 star 2 star 2 star 2 star
Funds in category 6/30/2021 1138 1138 1024 761
Morningstar Category: Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 6/30/2021 4 star 4 star N/A N/A
Funds in category 6/30/2021 576 576 N/A N/A
Morningstar Category: Small Growth

© 2019 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 Rating™ 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.