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 08/31/2023 4 star 3 star 4 star 4 star
Funds in category 08/31/2023 102 102 80 57
Morningstar Category: China Region
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 3 star 3 star 2 star  3 star
Funds in category 08/31/2023 341 341 291 191
Morningstar Category: Global Large-Stock Blend
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star  2 star  3 star  2 star 
Funds in category 08/31/2023 718 718 644 389
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star  2 star  2 star  2 star 
Funds in category 08/31/2023 718 718 644 389
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 1 star  1 star  1 star  1 star 
Funds in category 08/31/2023 67 67 60 37
Morningstar Category: Macro Trading
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 5 star  4 star  5 star  5 star 
Funds in category 08/31/2023 718 718 644 389
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star 3 star 2 star 1 star
Funds in category 08/31/2023 314 314 275 183
Morningstar Category: Global Large-Stock Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star  2 star  2 star  1 star
Funds in category 08/31/2023 628 628 585 419
Morningstar Category: High Yield Bond
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 4 star  4 star  4 star 4 star 
Funds in category 08/31/2023 95 95 81 35
Morningstar Category: Infrastructure
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 3 star 3 star 4 star 3 star
Funds in category 08/31/2023 127 127 117 82
Morningstar Category: Foreign Small/Mid Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star 2 star 2 star 1 star
Funds in category 08/31/2023 410 410 354 245
Morningstar Category: Foreign Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 3 star 4 star  3 star 3 star
Funds in category 08/31/2023 269 269 238 182
Morningstar Category: Muni National Interm
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 4 star 4 star 4 star 4 star
Funds in category 08/31/2023 229 229 213 152
Morningstar Category: Real Estate
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star 3 star 2 star 1 star
Funds in category 08/31/2023 190 190 176 114
Morningstar Category: High Yield Muni
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 4 star 5 star  4 star 3 star 
Funds in category 08/31/2023 206 206 189 139
Morningstar Category: Muni National Short
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 5 star  4 star 4 star  5 star 
Funds in category 08/31/2023 562 562 526 393
Morningstar Category: Small Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 2 star 2 star  2 star 2 star
Funds in category 08/31/2023 1122 1122 1035 803
Morningstar Category: Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Institutional Class 08/31/2023 4 star  3 star  5 star N/A
Funds in category 08/31/2023 562 562 526 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.