(PUB) Investing 2015

35

Current Portfolio Style

Costs

Operations

Current Equity Style Box

Average Market Cap ($Mil)

Total # of Hold- ings

Recent Composition (% of Assets) Sales Charge % Cash Stock Bond Other Foreign

Price/ Earn Ratio

Price/ Book Ratio

Turn- over %

Total Assets ($Mil)

Top Three Sectors (% of Stock)

Expense Ratio %

NAV ($)

Portfolio Manager (Tenure Years)

— 15.5 1.4 2,410 y 23

p 17 t 14 — 69 3 97 0 0 p 21 r 15 137 29 4 95 0 1 p 18 t 16 608 73 4 96 0 0 t 19 u 15 223 111 0 99 0 1 a 21 r 12 93 31 7 93 0 0 p 21 t 16 73 96 0 98 0 1 p 26 d 9 67 16 20 80 0 0 a 15 p 13 70 26 1 98 0 1 p 18 t 12 95 62 2 97 0 1 p 18 t 17 293 36 7 92 0 1 a 24 y 13 66 38 2 98 0 0 y 22 a 15 66 40 1 97 0 2 p 17 t 14 830 23 1 99 0 0

3 — 1.32 — 920 —

PNVDX 3 12.8 1.5 2,269 y 22 AVPAX 3 15.7 1.6 1,992 y 26

5 Clsd 1.18 27.33 6,654 Management Team

5 NL

1.17 24.7 5,778 Management Team 1.3 9.1 1,864 John/Lewis (2.7/0.3)

3 17.1 1.5 1,320 y 21

ASVIX

5 Clsd

ARTVX 3 16.3 1.3 1,273 p 28 DASCX 3 15.7 1.5 1,271 y 23 DHSCX 6 15.3 1.5 2,560 y 29 JSCVX 6 18.1 2.1 2,669 y 25 RYPNX 3 17.1 1.3 782 a 34 RYVFX 3 13.9 1.6 2,146 t 31 TASCX 6 17.3 1.6 2,240 p 27 AACTX 4 17.0 2.3 53,650 d 15 ABALX 4 17.3 2.2 99,778 y 18 AMECX 1 17.3 2.2 58,168 d 15 ARBFX 8 26.0 2.3 6,595 a 27 MOBAX 7 20.4 4.0 75,034 d 31 FCPVX 3 16.0 1.5 2,097 y 33 VSIAX 3 16.0 1.7 2,807 y 18 — 1.8 0.2 2,979 — —

1 Clsd 1.23 14.01 1,007 Management Team

3 NL

1.26 15.52

138 Steven Roth (6.7)

2 5.00 1.32 33.04 1,508 Management Team 3 Clsd 1.09 19.19 2,761 Janssen/Myers (2.1/6.7)

0.83

2 NL 3 NL 3 NL 5 NL 1 NL

22.1 1,695 Management Team

1.17 13.57 2,265 Hench/Zaino (10.8/16.9)

1.48 11.91

834 Kaplan/Romeo (13.7/6.8)

1.12 23.47

478 Bui/Rewey, III (2.2/0.7)

0.09 46.44 15,156 Michael Buek (16.7)

— — — — — 26 12 54 32 2 20 — 1.28 — 1,753 — a 14 p 13 21 4 7 55 30 7 20 5.75 0.71 11.8 5,132 Management Team

a 14 p 14 1335 68 7 65 27 1

9 5.75 0.61 25.3 82,152 Management Team

a 13 p 12 1652 47 6 71 18 5 20 5.75 0.57 22.15 99,548 Management Team

d 19 s 11 111 462 19 78 0 3 10 NL

1.44 12.81 2,113 Management Team

s 24 y 11 71 27 9 58 32 1 y 14 p 12 100 45 38 27 18 16 a 21 p 12 123 33 7 58 7 28 a 17 d 15 562 70 8 36 14 42

1 NL

1.36 23.52

23 Canakaris/Donahue (10.2/2.0)

2 15.7 1.7 7,105 a 32

BERIX

5 NL

0.66 13.79 2,542 Management Team

CVTRX 4 16.4 2.4 124,646 y 24

1 4.75 1.09 32.24 2,813 Management Team

1.14 13.08 4,104 Management Team 0.53 103.29 15,011 Management Team 0.56 23.39 27,557 Management Team 0.22 38.45 4,011 Dierdorf/Sharpe (6.1/5.7) 0.56 22.13 24,859 Management Team 0.77 9.14 1,235 Management Team 1.23 34.3 19,693 Management Team

4 16.8 2.5 77,620 y 18

CVSIX

1 4.75

DODBX 1 16.2 1.9 68,463 y 25

a 24 d 17 411 23 3 66 31 -1 10 NL

7 18.1 2.4 40,191 a 19

d 16 y 14 1194 176 4 67 27 3

FBALX

9 NL

FFNOX 4 16.6 2.1 37,700 y 17 FPURX 7 18.4 2.5 56,194 a 21 FSRRX 5 34.0 2.3 7,957 u 99

a 14 d 13 4 9 3 83 14 0 27 NL d 20 y 16 1209 160 5 69 26 0 10 NL

r 1 y 0 389 18 2 15 32 51

1 NL

4 16.4 1.8 49,310 a 32 1 14.7 1.7 63,872 f 23

y 19 d 17 138 31 44 51 3 2 12 NL

FPACX FKINX

o 17 r 15 691 36 3 47 37 13 18 4.25 0.61 2.45 91,415 Management Team

0.94 29.98 8,099 Management Team

GATEX 4 17.0 2.5 74,624 a 19 GRSPX 3 17.1 1.5 2,342 p 32

y 16 d 15 275 13 2 99 0 -2 a 27 y 12 99 50 3 61 35 1

1 5.75

2 NL

0.94 24.86

582 Charles Carlson (31.7)

1 15.3 1.7 60,649 y 31

a 14 d 13 457 60 12 65 17 6 10 5.50

ACEIX

0.8 10.46 13,994 Management Team 0.83 31.28 12,547 Pinto/Smith (9.8/9.8)

JABAX 4 15.8 3.1 62,685 t 19 LCORX 4 14.0 2.1 14,775 a 24 MAPOX 1 16.5 2.6 39,385 p 26 EXDAX 4 18.9 2.3 32,314 t 21 MNBAX 7 19.4 2.2 19,963 t 26 EXBAX 7 19.6 2.2 19,848 t 26 MERFX 4 19.4 1.8 20,004 t 17 MSFRX 1 15.5 2.0 61,079 y 22 OAKBX 4 14.8 2.1 39,014 y 26 PAXWX 7 18.1 2.8 49,864 a 19

p 18 d 16 408 72 1 55 38 5

5 NL

d 19 p 18 308 81 23 58 18 1 17 NL

1.19 18.68

856 Management Team

d 18 y 17 357 5 4 60 36 0

3 NL

0.73 87.84

754 Earley/Kaliebe (0.2/9.2)

a 17 s 11 821 45 8 33 58 1 16 NL a 19 r 11 743 65 7 60 32 1 20 NL a 19 r 11 789 53 5 45 49 1 17 NL

0.88 13.57 1,704 Management Team 1.07 17.27 1,732 Management Team 1.07 13.72 1,746 Management Team 1.3 15.86 5,341 Behren/Shannon (8.1/8.1)

i 16 d 15 170 137 34 59 2 5

7 NL

d 16 p 13 774 35 3 58 38 1 10 5.75 0.75 18.46 7,100 Management Team

p 17 t 16 222 18 17 65 13 6 d 18 y 17 313 52 4 63 33 0

7 NL 2 NL

0.74 32.53 21,116 Management Team 0.91 24.04 1,956 Management Team 0.72 40.54 5,484 Michael Cuggino (11.8)

7 23.0 1.9 21,393 u 29

r 17 a 13 117 4 8 31 33 27 13 NL s 16 p 13 50 65 -68 1 142 24 89 NL y 18 p 13 52 54 -13 3 75 35 40 NL

PRPFX

1.63

PAUDX 4 14.6 1.9 23,126 y 16 PASDX 4 14.7 1.9 23,471 s 21

9.27 19,235 Robert Arnott (11.3)

1.26 11.83 31,176 Robert Arnott (12.6) 1.29 3.58 2,353 Management Team

PFSDX 0

— — — — — — — — — 614 262 3 0 89 8 55 NL

17.8 1.4 1,391 18.5 2.6 73,726

Equity Style Box Val BlndGrth

Sectors h Cyclical r Basic Materials t Consumer Cyclical y Financial Services u Real Estate

Bold #  Cheapest Quintile

j Sensitive i Communication Svs o Energy

k Defensive s Consumer Def d Healthcare f Utilities

Lrg Mid Sm

p Industrials a Technology