(PUB) Investing 2016

41

Current Portfolio Style

Costs

Operations

Current

Average Regional Exposure (% of Assets)

Total

Equity Price/ Market Style Cash Cap Box Flow ($Mil)

# of

Turn- over

Recent Composition

Sales

Total

UK/W. North Latin

Asia ex-

Hold-

(% of Assets)

Charge Expense NAV Assets

Europe Amer Amer Japan Japan Other ings

% Cash Stock Bond Other % Ratio% ($)

($Mil)

Portfolio Manager (Tenure Years)

— 6.5 38,439 28 52 1 6 8 18.8 28,140 16 57 2 8 8 8.2 48,518 25 53 2 0 8 12.1 37,386 37 56 0 0 0 6.0 45,885 22 53 3 3 11 9.5 28,429 28 55 0 7 5 6.5 41,503 35 49 0 0 7 6.0 20,122 17 35 0 0 4 15.3 31,997 19 54 2 9 9 9.1 32,100 19 65 0 4 7 10.6 39,330 38 56 1 1 1 6.2 30,556 36 45 1 11 8 8.3 56,234 39 47 0 4 4 8.9 3,648 19 55 1 9 11 5.1 34,928 36 45 1 12 4 12.9 2,886 46 43 0 7 1 8 9.2 37,728 26 48 3 7 3 5.8 64,495 42 44 0 1 4 6.0 66,136 65 22 0 0 7 12.0 42,464 38 56 1 1 1 5.8 21,404 18 53 1 10 11 9.8 7,464 20 55 2 4 14 6.3 28,478 22 55 1 8 10 1 1

1 — 55 0 54 55 0 48 19 0 43 31 4 91 17 2 306 151 3 164 23 1 145 65 4 73 45 0 131 51 0 43 36 0 23 48 2 5639 38 0 91 11 0 93 16 1 100 8

3 96 1 1 — 1.32

— 1,471 —

ARTRX 7 ARTGX 1 BBGNX 7 DODWX 1 FWWFX 7 HLMGX 7 JAWWX 7 MWEFX 7 OAKGX 4 OAKWX 4 OWSMX 5 OPPAX 7 JGVAX 1 TWEBX 1 TBHDX 1 USAWX 7 VHGEX 4 VMVFX 5 VTWSX 4 MAPIX 4 MACSX 4 MCHFX 4 MEASX 8 MINDX 7 MAPTX 7 PRASX 4 VEUSX 4 TEDIX TEQIX OPGIX

9 91 0 10 88 0 7 93 0 3 97 0 2 98 0 3 94 2 9 57 27 3 97 0 0 96 0 1 99 0 1 99 0 5 95 0 2 98 0 1 99 0 3 97 0 13 87 0 9 91 0 5 94 0 0 99 0 4 95 0 2 96 0 0 99 0 0 98 0 1 99 0 0 100 0 0 100 0 2 97 0 0 99 0 6 81 6 1 96 0 2 98 0 1 94 0 5 94 0 0 97 0 8 86 3 2 98 0 0 99 0 0 99 0 0 100 0

1 NL 1.19 17.97 1,416 Management Team 2 NL 1.29 13.46 1,504 O’Keefe/Samra (8.2/8.2) 0 NL 1.25 10.47 107 Hartch/Lombardi (2.9/2.9)

0.65

0 NL

9.47 5,255 Management Team

0 NL 0.96 20.37 1,513 DuFour/Kennedy (8.4/10.2)

2 5.75 1.29 26.93 22,626 Management Team 8 5.75 1.11 13.83 4,720 Luh/Tumulty (5.2/12.2) 0 NL 1.18 28.68 747 Management Team

0.88

4 NL

56.01 2,342 Carmel Wellso (1.2)

0 5.75 1.22 32.69 2,056 Mannheim/Morley (23.9/6.4)

0 Clsd 1.12 23.25 2,689 McGregor/Taylor (12.3/10.4) 0 NL 1.13 13.69 2,090 Herro/Nygren (9.4/9.4) 0 NL 1.14 13.91 4,746 Management Team 0 5.75 1.14 66.18 9,092 Rajeev Bhaman (11.6) 0 5.75 1.19 38.97 3,093 Frank Jennings (20.4)

0.89

0 76 25

0 NL

12.4 222 Chessen/Kolb (2.2/10.7)

0 72 0 33 1 106

6 7 9

0 NL 1.37 18.7 498 Management Team 1 NL 1.36 8.33 347 Management Team 1 NL 1.17 24.92 1,090 Mannheim/Morley (13.7/6.4)

0.57 0.27 0.25

2 808 36 1 446 57

1 NL 2 NL 0 NL

21.92 4,044 Management Team 11.11 1,359 Management Team 21.9 7,028 Franquin/Louie (3.0/0.0)

2 7413

7

5.5 10,315 9.8 14,036 4.1 22,575 22.1 3,677 7.9 12,886 8.8 20,404 5.9 877

0 2 0 31 65 4 3 0 6 76 0 0 0 0 87 0 0 0 0 99 0 4 0 0 91 3 3 0 0 95 3 0 0 0 94

0 69 20 0 58 16 0 39 10 5 49 14 0 64 11 0 84 53 0 1250 13 0 84 8

0 NL 1.05 14.55 4,484 Management Team

1.08 1.13

0 89 0 11 NL

15.47 2,780 Horrocks/Lowe (6.8/4.2) 15.06 607 Management Team

2 NL

0 NL 1.48 10.77 167 Harvey/Ishida (2.8/2.8)

1.12 1.08 0.94 0.12

0 NL 0 NL 0 NL 1 NL

23.09 1,396 Asnani/Shroff (5.3/9.7) 21.39 6,312 Management Team

13.68 2,410 Anh Lu (1.7)

5.8 28,147 98 1 0 0 0

57.2 19,473 Franquin/Hales (0.0/0.0)

— 4.1 16,545 3 1 12 0 64 15 — 76

3 98 -1 0 — 1.53

— 1,125 —

NEWFX 7

1.04 0.56

10.1 22,123 19 12 4 5 34

6 494 41

7 5.75 3 NL

46.29 21,048 Management Team 19.37 13,021 Management Team

1

DFEVX

2.1 4,995 6.3 17,300 3.8 18,755 6.3 18,220 4.2 5,402 10.4 4,783 8.7 22,634 3.7 13,626

0 0 14 0 67 14 2270 5 1 16 0 54 20 78 30 0 0 12 0 60 20 85 12 7 1 15 0 60 12 94 36 3 1 17 0 42 33 1655 9 0 0 20 3 46 17 53 28 3 0 11 0 67 15 100 15 0 0 13 0 67 17 3404 7 6

HLEMX 4

0 NL 1.45 37.17 2,074 Management Team 4 Clsd 1.37 13.17 9,089 Management Team 1 Clsd 1.3 28.28 26,427 Lech/Leverenz (0.4/8.8) 3 NL 1.36 11.09 2,885 Atwill/Seto (1.7/9.0) 2 NL 1.15 10.03 816 Andrew Foster (4.0) 0 NL 1.24 26.38 8,043 Gonzalo Pangaro (7.4)

1

LZOEX

ODMAX 7 EAEMX 1

4

SFGIX

PRMSX 7 VEMAX 4 HEMZX 7

0.15

1 NL

25.47 62,040 Miller/Perre (0.0/7.5)

16.8 33,458 19 0 13 0 62

5 76 28

1 5.75 1.56

8.2 9,049 Rajiv Jain (9.7)

— 7.3 34,256 13 26 1 5 6 7.9 49,152 27 46 0 1 6

1 — 67 13 54 33 0 — 1.29

— 2,736 —

1 2

0.59

CAIBX APPLX

0 1419 63 2 40 52 1 954 84 0 180 11 0 106 30

2 80 17

1 5.75

54.93 93,330 Management Team

3.6 4,928

5 42 0 6 10

19 61 3 18 NL 1.24 10.94 179 Management Team 18 52 19 11 5.25 1.14 17.03 46,485 Management Team

MDLOX 4 SGENX 4 IVWAX 4 PGMDX 1 RPGAX 4

6.2 35,909 11 29 1 9 3 7.2 25,837 15 44 1 13 5 8.6 19,727 13 24 0 7 8

14 78 1 36 53 6

8 5.00 1.11 50.56 43,778 Brooker, Jr./McLennan (5.0/7.4) 6 Clsd 1.25 15.97 8,463 de Lardemelle/de Vaulx (7.4/7.4)

7.5 41,554

6 24 0 0 1

0 313 444 -52 55 81 15 NL 1.57 10.15 889 Sundstrom/Worah (0.6/2.1)

8.3 27,202 16 26 1 5 9

1 1353 33

5 57 27 11 NL 1.19 10.07 160 Charles Shriver (2.7)

Equity Style Box Val BlndGrth

Bold #  Cheapest Quintile

Lrg Mid Sm