(PUB) Investing 2015

29

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)

— 15.4 2.0 83,498 y 21

d 14 o 11 — 56 2 97 0 1

6 — 1.09 — 2,384 —

AAGPX 1 14.8 1.7 64,514 y 26 TWEIX 1 16.0 2.3 53,600 s 18 TWVLX 1 15.5 1.8 47,278 y 23 AMRMX 1 16.7 2.4 63,817 p 18 AWSHX 4 17.0 2.3 90,311 p 19 ARTLX 1 13.4 1.3 25,420 a 23 AUXFX 1 15.5 2.1 46,453 s 28 GSFTX 1 16.6 2.5 93,933 y 17 DHLAX 1 15.5 2.0 58,667 y 28 DODGX 1 16.2 1.9 68,132 y 24 BVEFX 1 15.5 2.0 37,648 y 22

d 14 a 12 202 29 3 96 0 0 15 NL

0.94 26.32 11,134 Management Team 0.93 8.62 9,935 Management Team 0.98 8.29 3,576 Management Team 36.2 35,325 Management Team 0.6 39.63 74,620 Management Team 0.59

d 17 y 17 86 57 1 76 2 22 o 15 d 13 140 49 2 97 0 1 d 18 a 11 242 16 3 92 1 4 y 15 t 11 161 19 3 96 0 1

7 NL 7 NL

6 5.75 8 5.75

y 20 o 18 35 53 9 87 0 4 13 NL d 22 y 19 125 9 10 90 0 1 14 NL

1.04 13.09 1,364 Management Team

1.25 20.11 0.93 18.12

284 J. Jeffrey Auxier (15.5) 360 Management Team

t 15 p 14 57 41 2 98 0 0 d 15 p 14 86 19 1 97 0 1 d 16 a 12 51 21 3 97 0 0

2 NL 4 NL

0.77 18.38 8,897 Management Team

0 5.00 1.05 21.55 3,183 Management Team

0.52 171.06 60,260 Management Team 1.02 31.63 5,695 Bruce Berkowitz (15.1) 0.63 25.81 5,383 Scott Offen (3.2) 0.66 57.26 8,958 Management Team

a 24 d 17 68 15 1 98 0 1 10 NL

1 10.2 0.6 44,319 y 84 1 15.9 2.2 67,735 y 23 1 15.0 2.0 54,105 y 24 1 15.0 1.6 40,884 y 23

t 8 u 7 33 2 5 80 9 7

FAIRX FEQTX FEQIX TESIX

0 NL

d 14 o 12 141 52 1 99 0 0 10 NL

p 12 d 12 252 43 3 92 1 4

8 NL

d 15 a 13 161 24 8 84 3 5 20 5.75 1.09 28.67 16,423 Management Team

GOODX 2 15.7 1.3 8,712 y 39 ACSTX 1 14.4 1.7 62,659 y 25

a 26 o 13 32 37 2 77 0 21 14 NL

1.1 22.6

309 Pitkowsky/Trauner (3.7/3.7)

o 15 t 15 82 11 5 95 0 0 12 5.50 0.82 24.27 12,854 Management Team a 14 d 13 91 31 3 97 0 0 12 5.50 0.84 25.25 8,940 Management Team

1 15.3 1.7 60,982 y 31 4 18.4 2.0 58,013 y 22 4 18.2 2.2 67,814 d 22 1 16.6 2.0 65,073 d 23

ACGIX ICAEX ICSLX

d 18 t 15 42 58 2 98 0 0 11 NL

0.9 49.52 1,071 Management Team 0.9 44.18 4,452 Management Team

y 20 t 14 33 65 1 99 0 0

6 NL

y 22 s 11 88 34 6 94 0 0 11 NL

JPLTX

0.85 15.68

177 Perkins/Preloger (6.1/6.1)

0.35 14.74 4,584 Hong/Juwono (2.9/1.9) 0.93 46.47 2,296 Management Team 0.67 31.51 30,001 Brian Rogers (29.2) 0.84 33.33 22,235 Mark Finn (5.1)

SFLNX 1 16.1 2.1 58,435 o 14 SSHFX 4 17.1 1.6 45,715 y 24 PRFDX 1 15.8 1.9 46,817 y 20

a 13 d 13 633 14 1 99 0 0

0 NL

d 19 a 15 41 44 3 97 0 0 13 NL t 14 o 13 118 10 7 92 1 1 d 20 p 16 112 44 1 98 0 1 a 18 p 13 54 17 1 97 0 1 a 19 p 16 34 14 12 88 0 0 s 14 y 13 396 12 0 100 0 0 d 15 p 12 202 57 1 99 0 0 d 16 s 11 319 25 0 100 0 0 t 19 a 18 — 70 2 98 0 0 p 28 t 19 35 30 1 96 3 0 p 19 a 15 99 73 0 100 0 0 t 21 d 19 75 55 4 96 0 0 t 19 d 18 66 11 1 99 0 0 p 21 a 12 91 13 3 96 0 1 a 22 p 20 55 45 1 99 0 0 a 16 y 16 56 52 3 97 0 0 y 16 a 15 50 20 0 100 0 0 a 19 t 14 277 18 0 100 0 0 a 23 t 16 69 17 15 85 0 0 t 24 p 18 40 8 4 96 0 0 y 15 t 15 180 27 5 95 0 0 p 36 a 9 33 8 4 96 0 0 y 29 u 20 25 18 12 88 0 0 d 17 a 13 271 27 2 98 0 0 10 NL a 17 d 16 140 38 3 97 0 0 13 NL 4 NL 4 NL 0 NL 5 NL t 21 p 12 54 63 0 99 0 1 10 NL 6 NL 1 NL 7 NL 5 NL 8 NL 4 NL 6 NL 9 NL 5 NL 4 NL 3 NL 8 NL 1 NL a 14 d 13 184 33 2 97 0 1 11 NL 1 NL 0 NL 1 NL

1 14.3 1.8 43,819 y 22 1 15.3 2.0 43,966 y 25

TRVLX

TGIGX

1.11 16.72 1,127 Diane Jaffee (13.2)

TORYX 1 14.6 2.1 45,827 y 22

1.15 46.09

405 Fialco/Torray (6.7/24.1)

0.29 30.26 18,431 Management Team 0.19 26.43 14,665 Michael Perre (8.2) 0.29 17.08 1,212 Management Team 0.09 31.62 35,828 Gerard O’Reilly (20.1) 0.36 35.83 48,428 Management Team 0.37 20.58 17,659 Management Team

1 15.4 2.3 85,829 y 16

VEIPX

VHDYX 1 16.1 2.3 91,645 a 18 VUVLX 1 14.4 1.8 32,960 y 25

1 15.2 1.9 75,286 y 22

VVIAX

VWNFX 1 14.3 1.8 62,015 y 22 VWNDX 1 15.7 1.8 34,024 y 25

— 22.3 3.4 9,346 p 19

5 — 1.29 — 1,246 —

AKREX 7 25.4 3.4 18,112 y 29 TWHIX 8 24.2 4.3 11,733 t 21 ARTMX 8 26.1 4.2 12,558 a 31 BARAX 8 26.2 4.0 9,251 p 25 BGRFX 8 23.9 3.3 4,236 t 23 BUFMX 8 26.8 3.2 6,470 t 29 CIPMX 5 19.5 2.7 7,059 d 24 ACTWX 8 21.1 2.7 5379 p 25 ACRNX 8 20.9 2.7 3,706 p 27 BIOPX 8 49.4 4.5 7,546 a 44

1.35 21.62 3,556 Management Team 1.0 23.46 5,647 Hollond/Walsh (7.9/6.9)

3 Clsd 1.29 44.71 9,820 Management Team

1.31 62.01 2,726 Andrew Peck (11.5) 1.29 71.6 7,975 Ronald Baron (20.1)

1.35 17.68 1.01 17.12 1.3 13.83 1.03 21.79

375 Michael Lippert (8.9) 537 Carlsen/Male (0.0/13.1) 666 Management Team 632 Robert Chalupnik (3.7)

0.79 31.14 14,839 Frank/Mohn (1.1/11.1)

8 21.8 3.2 5,249 d 31

ETGLX

1.45 26.02 1,091 Barksdale/Kuruvilla (4.2/6.6)

FAMVX 8 19.9 2.4 10,806 y 31 FMCSX 8 19.2 2.6 6,885 p 18

1.2 64.44

975 Fox/Putnam (14.7/28.1)

0.81 37.78 8,706 John Roth (3.9)

8 20.8 3.5 5,750 t 44

FPPFX

0.96 50.06

337 Ende/Herr (15.4/1.4)

HFCSX 8 21.4 2.9 12,600 t 37

1.44 65.31 1,547 Management Team

16.2 1.6 50,383 21.0 4.0 11,514

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