(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)

— 17.7 1.4 2,614 y 24

p 17 t 14 — 69 3 97 0 0 p 18 r 12 144 42 5 92 0 3 p 19 t 16 592 73 4 96 0 0 t 20 p 14 172 78 0 99 0 1 a 18 r 10 99 31 9 91 0 0 y 23 t 13 73 128 5 95 0 0 p 26 d 10 73 16 19 81 0 0 p 18 a 12 66 26 0 98 0 2 p 19 t 15 86 86 5 95 0 0 t 18 p 18 275 36 4 95 0 2 a 24 p 15 65 38 1 98 0 1 y 22 a 15 63 40 2 96 0 2 p 17 t 14 845 12 0 100 0 0

2 — 1.31 — 922 —

PNVDX 3 13.7 1.6 2,304 y 24 AVPAX 3 16.7 1.5 2,021 y 27

1 Clsd 1.22 25.27 5,754 Management Team

5 NL

1.17 23.3 5,842 Management Team

6 18.5 1.7 1,385 y 26

ASVIX

6 Clsd 1.25 8.62 1,600 John/Lewis (3.2/0.8)

ARTVX 3 18.3 1.3 1,444 p 34 DASCX 3 15.9 1.5 1,449 p 25 DHSCX 3 16.0 1.7 2,946 y 30

1 Clsd 1.23 12.95

575 Management Team 160 Steven Roth (7.2)

0 NL

1.25 14.57

2 5.00 1.32 32.36 1,587 Management Team 3 Clsd 1.09 18.81 2,809 Janssen/Myers (2.6/7.2)

3 16.0 1.5 2,170 y 28 6 20.1 1.8 2,342 y 25

FCPVX JSCVX

0.83 21.27 1,663 Management Team 1.15 12.18 1,865 Hench/Zaino (11.3/17.4)

1 NL 3 NL 3 NL 4 NL 1 NL

RYPNX 3 19.0 1.4 750 a 32

3 14.1 1.5 1,562 t 33 6 19.0 1.6 2,173 p 28 3 17.6 1.6 2,933 y 20

RYVFX

1.45 11.13

699 Jay Kaplan (11.7)

TASCX VSIAX

1.1 22.29

435 Bui/Rewey, III (2.7/1.2)

0.09 43.68 17,133 Michael Buek (17.2)

— 2.0 0.2 3,162 — —

— —

— — — 28 12 55 30 4 20 — 1.27 — 1,753 —

AACTX 4 18.3 2.6 58,475 d 17 ABALX 4 18.0 2.4 104,497 y 20 AMECX 1 18.2 2.4 60,875 d 15 ARBFX 8 25.6 2.4 6,915 t 19 MOBAX 7 24.3 4.1 80,173 d 30

a 13 y 13 21 4 8 53 36 3 21 5.75 0.71 11.36 5,790 Management Team

a 15 d 13 1417 68 7 61 30 2

8 5.75 0.59 23.93 83,460 Management Team

p 14 a 13 1699 47 5 70 20 4 21 5.75 0.57 20.32 96,992 Management Team

d 19 i 14 77 514 41 58 0 1 13 NL

1.44 12.76 2,063 Management Team

s 26 a 14 70 27 10 58 32 0 d 12 y 11 98 45 41 24 20 16 a 20 d 16 124 33 1 64 7 28 y 18 d 16 523 70 10 31 10 49

3 NL

1.36 23.22

25 Canakaris/Donahue (20.8/2.5)

2 16.6 1.5 5,623 a 33 4 16.0 2.5 116,867 y 22 4 17.6 2.4 88,422 a 18

BERIX CVTRX CVSIX

6 NL

0.64 13.1 2,116 Management Team

0 4.75 1.09 30.75 2,713 Management Team

1.11 12.91 3,952 Management Team 0.53 97.65 15,496 Management Team 0.56 22.33 29,221 Management Team 0.22 36.45 4,391 Dierdorf/Sharpe (6.6/6.2) 0.56 21.02 25,972 Management Team 0.77 8.66 1,120 Management Team 1.11 32.51 19,530 Management Team

0 4.75

DODBX 4 17.1 1.9 69,850 y 25

a 21 d 18 386 23 2 68 30 1 10 NL

7 20.0 2.5 41,964 a 17

d 17 y 14 1205 176 3 68 27 3

FBALX

8 NL

FFNOX 4 18.2 2.2 39,343 y 17 FPURX 7 20.6 2.7 60,605 a 20

d 14 a 14 4 8 1 84 14 0 27 NL d 19 y 18 1225 160 2 74 24 0 10 NL

5 34.0 2.1 7,402 u 99 4 17.2 1.6 50,546 a 32 1 16.3 1.7 64,224 f 22 4 18.2 2.5 74,769 a 18

r 1 y 0 382 18 1 14 32 53

FSRRX FPACX FKINX

1 NL

y 22 d 13 122 31 36 52 9 4 11 NL

o 18 r 16 635 36 3 51 37 9 21 4.25 0.61 2.19 87,870 Management Team

d 16 y 16 283 13 1 98 0 0 a 21 t 12 101 50 5 74 21 0 d 14 a 12 447 60 13 64 17 7 y 18 a 18 458 72 3 55 40 3

0.94 29.35 8,086 Management Team

GATEX

1 5.75

GRSPX 3 18.6 1.7 2,528 p 34

2 NL

0.9 23.2

438 Charles Carlson (32.2)

1 16.4 1.6 61,939 y 33

ACEIX

9 5.50

0.8 10.01 14,135 Management Team 0.83 29.76 13,287 Pinto/Smith (10.3/10.3)

JABAX 7 17.9 3.2 74,571 d 20 JNBAX 1 16.8 1.8 34,812 y 25 LCORX 4 14.9 2.3 14,757 d 25 MAPOX 1 17.9 2.7 45,063 p 25 EXDAX 4 21.1 2.8 36,501 t 19 MNBAX 7 22.6 2.9 24,622 t 24 EXBAX 7 22.7 2.9 24,347 t 24 MERFX 4 23.0 2.1 18,267 d 15 MSFRX 1 16.6 2.2 62,986 y 23 OAKBX 1 15.8 2.0 36,262 y 28 PAXWX 7 19.3 2.4 50,588 d 19

9 NL

u 20 d 9 2393 41 3 44 49 4 42 4.50 0.75 9.82 12,822 Management Team

t 20 y 19 305 81 21 63 15 1 13 NL

1.19 18.31 0.73 82.19

867 Management Team 715 Earley/Kaliebe (0.7/9.7)

d 20 y 19 335 5 3 64 33 0

3 NL

a 17 d 11 755 45 8 33 59 1 15 NL a 19 d 11 681 65 7 57 36 0 18 NL a 19 d 11 723 53 7 42 51 0 16 NL

0.89 12.96 1,536 Management Team 1.06 16.1 1,583 Management Team 1.06 12.97 1,673 Management Team

t 14 i 13 202 137 21 75 2 2

1.27 15.52 5,224 Behren/Shannon (8.6/8.6)

8 NL

d 16 p 12 804 35 3 58 38 1 10 5.75 0.73 17.67 7,090 Management Team

p 19 t 16 287 18 17 63 14 6 a 19 y 16 315 52 1 67 31 0

7 NL 8 NL

0.74 30.63 19,798 Management Team 0.93 22.71 1,962 Management Team 0.76 37.71 4,175 Michael Cuggino (12.3)

4 24.3 1.8 22,399 u 28

r 16 a 13 114 17 13 34 27 26 13 NL

PRPFX

18.2 1.3 1,357 17.6 2.4 69,367

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