(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)

— 15.7 1.3 2,354 y 25

p 17 t 14 — 72 3 97 0 0 p 16 r 12 143 42 4 95 0 1 p 18 t 16 587 73 4 96 0 0 t 20 p 14 172 78 0 99 0 1 a 18 y 10 99 31 5 95 0 0 p 20 t 13 64 128 4 96 0 0 p 26 d 10 78 16 18 82 0 0 p 17 a 14 62 34 1 98 0 2 p 20 t 16 84 86 5 95 0 0 p 19 t 18 259 36 5 93 0 2 a 24 p 18 62 38 4 95 0 1 y 21 t 14 65 40 4 94 0 2 p 16 t 14 853 12 1 99 0 0

2 — 1.31 — 882 —

PNVDX 3 12.9 1.5 2,132 y 22 AVPAX 3 15.8 1.4 1,923 y 27

3 Clsd 1.19 25.74 5,270 Management Team

5 NL

1.17 23.86 5,789 Management Team

6 18.5 1.7 1,385 y 26

ASVIX

6 Clsd 1.25 8.91 1,531 John/Lewis (3.4/1.0)

ARTVX 3 16.2 1.2 1,290 p 36 DASCX 3 15.1 1.7 1,507 y 28 DHSCX 6 14.1 1.6 2,770 y 28

1 Clsd 1.23 12.86

493 Management Team 188 Steven Roth (7.3)

0 NL

1.25 14.9

3 5.00 1.32 33.13 1,697 Management Team 3 Clsd 1.19 17.62 2,837 Janssen/Myers (2.7/7.4)

3 17.4 1.5 2,225 y 31 6 18.4 1.7 2,116 y 24

FCPVX JSCVX

0.81 21.52 1,461 Management Team 1.15 12.14 1,683 Hench/Zaino (11.5/17.6)

1 NL 3 NL 3 NL 5 NL 1 NL

RYPNX 3 16.5 1.2 660 a 32

3 13.4 1.3 1,270 t 33 6 20.1 1.7 2,167 p 27 3 15.6 1.5 2,703 y 20

RYVFX

1.45 10.96

618 Jay Kaplan (11.8)

TASCX VSIAX

1.1 22.42

398 Bui/Rewey, III (2.8/1.3)

0.09 44.38 16,223 Michael Buek (17.4)

— 1.7 0.2 2,862 — —

— —

— — — 29 12 54 30 4 20 — 1.26 — 1,692 —

AACTX 4 18.1 2.5 58,649 d 17 ABALX 4 17.0 2.2 97,597 y 19 AMECX 1 17.4 2.3 58,712 p 16 ARBFX 8 25.6 2.4 6,915 t 19 MOBAX 7 22.3 3.8 74,606 d 28

a 13 y 13 21 4 8 53 36 3 21 5.75 0.71 11.68 5,973 Management Team

a 16 d 13 1413 68 8 59 31 2

8 5.75 0.59 24.97 84,246 Management Team

d 14 s 14 1674 45 8 69 21 3 19 5.75 0.55 21.04 95,804 Management Team

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

1.45 12.73 1,992 Management Team

s 26 a 16 73 27 11 54 35 0 d 13 y 11 93 45 38 22 25 15 a 19 d 15 122 33 4 63 7 26 y 18 d 16 518 70 9 32 10 50

2 NL

1.36 23.83

30 Canakaris/Donahue (21.0/2.7)

2 16.0 1.5 5,608 a 32 4 15.9 2.3 113,062 y 22 4 18.0 2.5 94,601 a 19

BERIX CVTRX CVSIX

6 NL

0.64 13.13 1,927 Management Team

0 4.75 1.09 31.68 2,470 Management Team

1.11 13.08 3,718 Management Team 0.53 99.65 14,111 Management Team 0.56 21.58 28,442 Management Team

0 4.75

DODBX 1 15.7 1.7 61,959 y 26

a 23 d 18 396 23 1 65 32 1 11 NL

7 18.0 2.3 38,759 a 18

d 16 t 13 1197 128 5 66 27 3

FBALX

7 NL

FFNOX 4 17.0 2.0 36,704 y 17 FPURX 7 18.7 2.4 55,091 a 20

d 14 a 14 4 8 2 83 15 0 27 NL

0.22

37.7 4,309 Dierdorf/Sharpe (6.7/6.3)

y 18 d 18 1218 106 6 69 25 0

9 NL

0.56 20.48 25,400 Management Team 0.77 8.56 1,043 Management Team 1.11 33.38 18,126 Management Team

5 29.6 2.0 7,326 u 99 4 15.4 1.4 46,324 a 34 1 16.4 1.7 65,643 f 20 4 17.4 2.4 71,325 a 19

r 1 i 0 366 18 2 13 58 26 29 NL y 25 p 14 135 31 35 53 10 3 10 NL

FSRRX FPACX FKINX

o 15 p 14 532 36 2 60 30 9 21 4.25 0.61 2.23 78,952 Management Team

d 16 y 16 276 13 5 94 0 1 a 19 t 12 99 50 3 76 21 0 d 14 a 12 442 60 11 64 18 7 a 17 y 17 471 72 2 54 41 3

0.94 29.77 8,010 Management Team

GATEX

-1 5.75

GRSPX 3 17.5 1.6 2,313 p 35

2 NL

0.9 23.48

363 Charles Carlson (32.3)

1 15.4 1.4 53,158 y 33

ACEIX

9 5.50

0.8 10.19 13,692 Management Team 0.83 30.68 12,618 Pinto/Smith (10.5/10.5)

JABAX 7 17.3 3.0 67,417 d 20 JNBAX 1 15.2 1.7 30,880 y 24 LCORX 4 13.1 2.1 14,013 d 25 MAPOX 1 16.4 2.5 41,702 p 25 EXDAX 4 19.2 2.7 39,004 a 20 MNBAX 7 20.6 2.7 26,099 t 22 EXBAX 7 20.6 2.7 25,676 t 22 MERFX 4 23.0 2.1 18,267 d 15 MSFRX 1 15.1 2.0 55,825 y 23 OAKBX 4 14.5 1.8 33,884 y 28 PAXWX 7 19.3 2.4 50,588 d 19

8 NL

u 21 d 9 2397 41 3 41 52 5 38 4.50 0.75 9.96 12,518 Management Team

t 20 p 17 316 81 50 33 16 2 10 NL

1.19 18.57 0.73 84.2

909 Management Team 690 Earley/Kaliebe (0.8/9.8)

d 19 y 19 324 5 3 62 34 1

3 NL

t 16 d 13 720 45 10 35 55 0 15 NL a 21 d 13 679 65 3 60 37 0 19 NL a 21 d 13 722 53 5 44 51 0 17 NL

0.89 13.15 1,434 Management Team 1.06 16.42 1,472 Management Team 1.06 13.15 1,613 Management Team

t 14 i 13 202 137 21 75 2 2

1.27 15.54 5,060 Behren/Shannon (8.7/8.7)

8 NL

d 15 p 12 805 35 2 59 37 1 10 5.75 0.73 18.1 6,968 Management Team

t 19 p 18 270 18 19 61 15 5 a 19 y 16 315 52 1 67 31 0

6 NL 8 NL

0.74 31.14 18,699 Management Team 0.93 23.45 1,892 Management Team 0.76 38.63 3,708 Michael Cuggino (12.5)

4 21.4 1.6 18,994 u 31

r 15 a 13 112 17 12 33 28 26 13 NL

PRPFX

20.2 1.8 1,491 18.1 1.3 1,331 18.5 2.4 74,935

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