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TSW14J57EVM: ADC12J4000EVM

Part Number: TSW14J57EVM
Other Parts Discussed in Thread: ADC12J4000EVM, ADC12J4000

Thank yo so much for answering my previous question on supply voltages. One more thing. I am new to using ADC with pattern generators for evaluation while using a GUI. I am using both the TSW14J57EVM and ADC12J4000EVM with a function generator that has a high frequency of 240MHz as opposed to the 500MHz (listed on the datasheet for testing). I try to capture data on the HSDC Pro while entering several parameters such as ADC sampling rate, ADC input frequency, NCO, Decimation etc....  I notice a lot of noise is being captured and I do not understand if this is noise that is produced from the ADC from the function generator or something else. Bottom line is, I want to properly understand the use of the ADC12J4000EVM and the TSW14J57EVM. What data is captured on the GUIs ?(i.e HSDC Pro and ADC12J4000EVM GUI A).  Am I required to input frequencies as high as 500MHz into the ADC to get proper results even if its just for testing. 

Thank you