I have a newbie question. When a mutual fund reports investment returns, are dividend reinvestmenst included? For example, my open-ended mutual fund has an unrealized gain of 9.13% since 7/13/06. With dividend reinvestments my investment return is 16.7%. I ask because I think that's pretty darn good, but this fund has an average two-star morning star rating and an expense ratio of 1.9% I am just starting to REALLY pay attention to my FIRE goals (31yrs old). I went with UBS because my parents have accounts with them and I was set up with this fund as a gift. I NEVER see UBS mutual funds in the financial news or magazines...I actually even tried to find the mention of UBS in a financial magazine with no luck. I've had good relations with my financial advisor there.. I even opened a separate Roth IRA there (in the same mutual fund). So I feel good about the 16.7% total return and the financial advisor, not so good about the 1.9% expense ratio, low morningstar rating and lack of UBS support in general. How do others weigh the good vs. the bad?