ETFs & Morningstar

Fall 2012

www.morningstar.com

1. Last Price: the last price the ETF sold for

2. 52-Week Range: highest and lowest closing prices in the last 52 weeks

3. Total Assets: total value of investments in the fund

4. Expenses: the percent of total assets taken for fees annually

5. Volume: number of shares traded that day

6. Avg. Volume: average number of shares traded per day

7. Bid/Ask/Spread: buying price/ selling price/ % difference

8. Category: Morningstar Box

9. Prem/Discount: how much above or below net asset value (NAV) the ETF is trading

10. 12-Mo. Yield: distributions (like dividends) / [NVA + Capital Gains]