Morningstar® Investment Profile™ | Disclosure Statement Morningstar - Free Trial   Pacific Capital Hi Grd Shrt/Interm F/I Y  PSTRX   Snapshot Total Returns Rating & Risk Portfolio Nuts & Bolts Analyst Report Quote datadef_ratings Pacific Capital Hi Grd Shrt/Interm F/I Y  PSTRX   Morningstar Report Overall Morningstar Rating™ What is this? As of 2009-10-31 Out of Short Government Funds Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. Morningstar® Style Box™ What is this?    Avg Duration    ---    Avg Credit Quality    --- As of 2009-07-31 Day Change $ 0.00    NAV (2009-11-20) $ 10.18    YTD Return % (2009-11-20) 6.88%    Total Assets ($ mil) 56 View Data Definitions   Performance     Growth of $10,000 Fund: Pacific Capital Hi Grd Shrt/Interm F/I Y (from 1999-01-01 to 2009-10-31) Category: Short Government Index: BarCap US Agg Bond TR USD Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20 Inception date: 1994-10-14 10yr and Inception Returns as of 2009-10-31 YTD Returns as of 2009-11-20 YTD 1 Year 3 Year 5 Year 10 Year Since Inception Fund 6.88 9.62 6.28 4.80 5.01 5.31 +/- Category 3.46 3.44 1.31 1.00 0.61 --- +/- BarCap US Agg Bond TR USD -0.03 -2.87 -0.17 -0.47 --- --- Standardized Annual Returns %   more on standardized returns Quarter-End (as of 2009-09-30) 5.60 9.35 6.15 4.55 4.95 5.30 Month-End (as of 2009-10-31) 6.25 10.67 6.16 4.57 5.01 5.31 After Tax Returns % (as of 2009-09-30 )   On Distribution --- 9.12 4.59 3.11 3.46 --- On Distribution & Sale of Shares --- 6.90 4.34 3.03 3.36 --- Morningstar Rating --- --- --- # of compared funds covered (3 yrs : out of 150 funds), (5 yrs : out of 145 funds), (10 yrs : out of 109 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none. The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.   Portfolio Profile     Sector Breakdown % US Government 21.67 US Treasuries 18.71 TIPS 0.00 US Agency 2.96 Mortgage 55.81 Mortgage Pass-Thru 55.81 Mortgage CMO 0.00 Mortgage ARM 0.00 Credit 16.94 US Corporate 16.94 Asset-Backed 0.00 Convertible 0.00 Municipal 0.00 Corporate Inflation-Protected 0.00 Foreign 0.49 Foreign Corp 0.49 Foreign Govt 0.00 Cash 5.09 Bond Quality % of Bonds AAA --- AA --- A --- BBB --- BB --- B --- Below B --- Not Rated ---   Asset Allocation % of Net Assets Cash 5.1 Stocks 0.0 Bonds 94.9 Other 0.0 Foreign Stocks 0.0 (as a % of Assets) Data through 2009-07-31 Data through 2009-07-31 Holding Status Total Number of Stock Holdings Turnover % 100 Total Number of Bond Holdings 75 30 Day SEC Yield % 2.90 % of Assets in Top 10 Holdings 56.47 ending as of 2009-09-30 View Data Definitions Top 10 Holdings Maturity Date Amount $000 Value $000 % of Net Assets FHLMC 5% 2036-12-01 6,232 6,387 11.06 FNMA 5.5% 2036-02-01 5,864 6,088 10.54 FHLMC 2036-11-01 4,322 4,484 7.76 US TREASURY NOTE 2013-06-30 3,700 3,885 6.73 FNMA FRN 2037-04-01 3,064 3,220 5.57 FHLMC 6.5% 2038-08-01 2,459 2,626 4.55 FHLMC 6% 2038-09-01 1,690 1,773 3.07 US Treasury Note 4.625% 2012-02-29 1,475 1,596 2.76 US Treasury Note 2011-12-15 1,400 1,394 2.41 UNITED STATES TREAS NTS 2012-01-15 1,175 1,169 2.02 Data through 2009-07-31   Other Information Fund Inception: 1994-10-14 Portfolio Manager  (Start Date) Edward Haik  (2003-05-09) Haik, vice president of the Asset Management Group of Bank of Hawaii. He has nineteen years prior experience in the investment industry, his most recent thirteen years as a Portfolio Manager at the Asset Management Group of Bank of Hawaii. Prior to joining the Adviser, he held positions at Garban Tokyo, Ltd., Cantor Fitzgerald Securities and Merrill Lynch. Sales Charge % (taken from prospectus dated 2009-07-31) Front: None Deferred: None Expense Ratio % 0.52 based on net assets (taken from annual report dated 2009-07-31) Correspondence Information 3435 Stelzer Rd. Columbus,  OH  43229 United States Telephone: 800-258-9232 Data on this page does not include the fund's short positions (if any). Show Data Definitions © Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.