TABLE 1. High Dividend Yield Funds
Mutual Fund Style Yield
(%)
2003
YTD
(as of 8/31)
Total Return (%) Ann’l Tot. Ret. (%)
as of 8/31/03
Tot. Ret. (%) Total
Risk
Index
Exp.
Ratio
(%)
1 Yr 3 Yr 5 Yr Bull
Period*
Bear
Period**
2002 2001 2000
Diversified Common Stock Funds
Vanguard Div Growth/Inv (VDIGX) mid cap 2.7 15.0 -23.1 -19.4 18.7 4.0 -8.4 -0.5 23.7 -34.8 1.01 0.34
Vanguard Equity Income (VEIPX) large cap 2.4 10.6 -15.6 -2.3 13.5 6.8 -0.1 4.6 19.1 -10.4 0.86 0.46
Vanguard Windsor II/Inv (VWNFX) large cap 2.2 10.4 -16.8 -3.3 16.8 7.5 -0.3 4.3 14.6 -9.8 0.96 0.42
Amer Cnt Eqty Income/Inv (TWEIX) mid cap 2.2 11.9 -4.9 11.3 21.9 12.7 10.7 11.5 18.2 23.8 0.72 1.00
Hennessy Crnst Val (HFCVX) large cap 1.9 13.2 -16.0 6.6 8.7 6.7 3.5 6.5 14.7 0.0 1.07 1.43
Vanguard Selected Value (VASVX) mid cap 1.8 16.9 -9.7 15 17.3 8.7 8.4 10.6 17.3 13.5 1.05 0.74
USAA Mutual:Income Stock (USISX) large cap 1.8 9.1 -19.0 -4.1 10.8 3.6 -3.9 2.4 21.3 -19.2 0.90 0.82
Vanguard Value Idx/Inv (VIVAX) large cap 1.8 16.6 -20.9 -11.8 6.0 13.4 -6.2 3.9 40.5 -30.2 1.16 0.23
Dodge & Cox Stock (DODGX) large cap 1.7 17.4 -10.5 9.3 16.3 14.5 8.5 13.7 42.7 7.5 0.97 0.54
T Rowe Price Eq Inc (PRFDX) large cap 1.6 12.4 -13.0 1.6 13.1 9.9 2.8 6.4 17.9 -3.4 0.93 0.79
Fidelity Equity Income (FEQIX) large cap 1.5 15.1 -17.1 -5.0 8.5 11.1 -1.8 5.3 28.5 -17.5 1.02 0.71
Real Estate Funds
Stratton Monthly Div REIT (STMDX) sector 6.6 16.9 6.4 22.9 20.1 13.4 16.6 12.5 -1.1 52.6 0.72 1.03
Vanguard REIT Idx (VGSIX) sector 5.8 20.1 3.7 12.3 26.3 15.9 14.3 12.0 2.1 42.1 0.75 0.27
Cohen & Steers Rlty (CSRSX) sector 4.9 21.7 2.7 5.7 26.6 16.7 12.9 12.4 8.4 33.2 0.80 1.08
Fidelity Real Est Inv (FRESX) sector 3.4 18.5 5.7 9.4 31.3 15.7 14.0 13.0 5.0 46.7 0.72 0.84
Amer Cnt Real Estate/Inv (REACX) sector 2.9 23.2 5.5 10.5 27.1 19.3 15.9 13.1 2.4 46.7 0.73 1.18
CGM Realty Fund (CGMRX) sector 2.9 46.1 3.5 5.1 29.1 40.5 19.1 17.1 9.2 40.5 1.14 1.03
Yield Benchmarks
Vanguard 500 Idx/Inv (VFINX) large cap 1.5 15.9 -22.1 -12.0 -9.0 11.9 -11.5 2.4 59.9 -41.5 1.12 0.18
Vanguard Sm Cp Idx/Inv (NAESX) small cap 1.0 28.9 -20.0 3.1 -2.6 26.9 -1.3 9.8 64.9 -29.1 1.37 0.27
Vanguard Short Treas (VFISX) bond 2.9 1.1 8.0 7.7 8.8 3.1 7.0 5.9 5.3 25.9 0.13 0.28
Vanguard Interm Treas/Inv (VFITX) bond 4.1 -0.2 14.1 7.5 14.0 3.4 9.3 6.8 1.8 38.1 0.30 0.28
Vanguard Long Treas/Inv (VUSTX) bond 4.5 -1.2 16.6 4.3 19.7 2.9 8.5 6.1 0.4 39.0 0.52 0.29
*bull period is defined as September 1, 1998, through March 31, 2000.

**bear period is defined as April 1, 2000, through February 28, 2003.