(PUB) Investing 2016

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)

— 16.5 2.4 95,104 a 18

y 16 d 16 — 65 3 97 0 0 y 16 d 12 42 26 17 82 0 1 y 14 d 14 35 36 21 79 0 0 d 14 a 12 — 57 2 97 0 1 d 14 o 12 62 26 0 99 0 1 o 17 y 15 90 56 2 77 4 17 o 20 d 13 127 45 2 98 0 0 d 17 a 12 213 27 5 92 1 2 y 15 d 13 181 24 2 97 0 1 a 15 d 14 57 32 3 97 0 0 d 14 p 14 77 27 4 96 0 0 d 16 a 16 51 20 1 99 0 0 a 25 d 17 68 17 2 98 0 0 u 18 t 16 57 40 24 53 3 20 d 14 p 12 206 32 1 98 0 0 14 NL 4 NL 4 NL y 20 r 13 44 74 2 98 0 0 16 NL d 24 y 21 112 4 10 90 0 0 10 NL 2 NL 2 NL 9 NL 8 NL d 17 s 12 106 49 2 98 0 0 11 NL 6 NL 8 NL

4 — 1.01 — 3,918 —

WPVLX 4 18.5 1.9 16,652 t 27 WVALX 7 21.2 2.5 33,136 t 23

1.18 26.24 1.15 36.79

801 Hinton/Weitz (9.6/32.7) 914 Hinton/Perkins (9.6/4.2)

— 14.8 1.8 73,903 y 21

6 — 1.07 — 2,189 —

PNBAX 1 13.0 1.7 67,168 y 26 AAGPX 1 13.2 1.3 51,244 y 26

5 5.50 1.11 18.82

494 Management Team

0.94 21.23 8,572 Management Team 0.93 8.0 8,549 Management Team 0.97 7.26 3,313 Management Team 0.58 32.96 33,756 Management Team

1 17.5 2.0 45,666 s 18

TWEIX

TWVLX 1 16.5 1.6 50,887 y 23 AMRMX 1 16.4 2.8 68,492 p 19 AWSHX 4 17.9 2.7 89,305 p 16

5 5.75

0.58 36.82 72,769 Management Team

5 5.75

1 14.4 1.0 26,056 a 25

ARTLX

1.0 10.5 1.14 18.34 0.79 15.34

862 Management Team 246 J. Jeffrey Auxier (16.6) 322 Management Team

AUXFX 4 16.7 2.2 57,098 s 27

1 16.4 1.8 48,664 y 21 4 17.0 2.9 90,692 y 16

BVEFX GSFTX

0.77 17.14 7,900 Management Team

DHLAX 1 14.3 1.9 55,490 y 27 DODGX 4 15.8 1.7 60,944 y 27

0 5.00 0.99 20.32 3,260 Management Team

0.52 150.56 50,943 Management Team 1.06 16.27 2,869 Bruce Berkowitz (16.2)

2 10.1 1.1 12,043 y 58 1 15.5 1.8 66,608 y 24 1 13.9 1.7 52,656 y 21 1 16.4 1.5 44,513 a 21 1 15.7 1.5 39,462 y 27 1 13.9 1.4 56,878 y 31 1 17.0 2.0 30,188 s 31 1 15.3 1.4 57,604 y 34 1 16.3 2.0 71,844 y 26 1 15.8 1.9 57,718 o 14 1 15.4 1.5 42,044 y 28 1 15.0 1.6 50,946 y 23 1 14.5 1.6 45,059 d 23 1 14.9 1.8 40,676 y 22 1 15.6 1.8 39,951 y 22 1 15.8 2.2 81,645 y 17

FAIRX FEQTX FEQIX TEBIX TESIX ACSTX LCEAX ACGIX JPLTX SFLNX SSHFX PRFDX TRVLX TGIGX TORYX VEIPX

0.66

23.5 4,728 Scott Offen (4.3)

d 14 p 13 172 40 3 97 0 0

0.69 48.74 7,407 Management Team

9 NL

y 20 d 17 89 40 2 94 3 0 37 5.75 1.13 13.4 3,552 Management Team

d 16 a 15 147 19 7 88 3 2 20 5.75

1.1 24.41 13,981 Management Team

t 14 o 14 80 17 4 96 0 0 11 5.50 0.83 19.81 11,253 Management Team y 15 f 14 83 11 10 90 0 0 11 5.50 0.83 17.4 12,053 Management Team d 14 o 11 84 23 3 97 0 0 11 5.50 0.84 21.62 7,389 Management Team

JVAAX 1 13.8 1.5 27,061 y 31

t 16 d 10 120 17 3 97 0 0 d 18 s 14 68 39 5 95 0 0 a 13 y 13 631 12 0 100 0 0 p 13 o 11 117 27 2 96 1 1 y 22 p 11 102 54 0 98 0 1 a 15 p 15 56 17 0 100 0 0 p 19 a 18 35 15 10 90 0 0 a 14 p 13 193 32 1 98 0 2 y 14 a 13 435 11 0 100 0 0 p 13 d 12 242 66 1 99 0 0 d 16 s 11 329 6 0 100 0 0 d 19 a 13 284 26 3 97 0 0 t 19 p 18 — 62 3 97 0 0 p 26 i 18 38 16 1 96 1 2 p 19 a 18 98 62 0 99 0 1 p 21 d 21 68 51 5 95 0 0 d 22 a 19 61 13 2 98 0 0 p 19 a 14 78 6 0 98 0 2 t 19 u 9 47 41 1 98 0 1 t 22 p 19 61 12 7 93 0 0 a 18 p 16 60 46 1 98 0 1 t 21 a 13 41 17 0 100 0 0 t 19 a 19 146 17 0 100 0 0

1 5.25 1.25 26.26 10,500 Management Team

5 NL 1 NL

0.87 14.24

148 Perkins/Preloger (7.2/7.2)

0.35 13.51 4,439 Management Team 0.92 38.38 1,779 Management Team

a 23 d 15 38 47 5 94 0 2 13 NL

0.66

6 NL

27.2 21,126 John Linehan (0.3)

3 NL 7 NL 2 NL 8 NL 1 NL 1 NL 1 NL 9 NL

0.82 29.55 21,201 Mark Finn (6.2)

1.14 15.51 1.15 43.81

967 Diane Jaffee (14.2) 370 Fialco/Torray (7.8/25.2)

0.26 28.69 18,571 Management Team 0.16 25.84 15,165 Coleman/OReilly (0.0/0.0) 0.26 15.25 1,233 Management Team 0.09 30.34 36,404 Gerard OReilly (21.2) 0.34 31.44 42,489 Management Team 0.39 17.32 15,682 Management Team

VHDYX 1 15.9 2.3 74,622 s 16 VUVLX 1 13.5 1.6 29,220 y 25

1 14.6 1.8 71,247 y 22

VVIAX

VWNFX 1 14.3 1.7 64,916 y 22 VWNDX 4 14.7 1.6 34,729 y 28

a 18 d 15 145 28 2 97 0 1 12 NL

— 20.4 3.3 8,806 a 19

4 — 1.24 — 1,157 —

AKREX 7 27.3 3.5 19,562 y 30 TWHIX 8 23.1 4.2 12,178 t 23 ARTMX 8 25.8 4.6 13,212 a 24 BARAX 8 27.0 4.2 9,732 p 23 BGRFX 8 24.0 3.4 4,374 t 22 BUFMX 8 23.7 3.8 6,698 a 24 CIPMX 8 22.1 2.7 6,851 d 20 ACTWX 8 21.1 2.9 4,442 p 24 ACRNX 8 20.3 2.8 3,339 p 25 BIOPX 7 47.6 5.2 16,915 a 48

3 NL 7 NL

1.34 22.01 4,053 Management Team 1.0 19.33 4,872 Hollond/Walsh (9.0/8.0)

4 Clsd 1.19 35.01 7,816 Management Team

3 NL 2 NL 8 NL 2 NL 0 NL 4 NL 3 NL

1.31 52.34 2,349 Andrew Peck (12.6) 1.29 59.23 5,787 Ronald Baron (21.2)

1.38 14.32 1.01 14.22 1.28 12.47 0.84 14.04

269 Management Team 436 Carlsen/Male (1.1/14.2) 682 Management Team 372 Frank/Szafranski (0.2/0.8)

0.79 17.44 6,361 Management Team

15.3 1.5 48,701 19.2 3.9 10,555

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