(PUB) Investing 2016

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)

1.4 2,094 y 24

p 17 t 14

— 15.5

— 79

3 96

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 1 0 0 0 2 0 3 2 0 1 0 4 2 1 2 1 0

3 — 5 NL

1.3 — 1.16 22.26 1.25 7.55 1.25 14.32 0.37 20.2 1.31 31.05 1.19 17.37 0.81 18.89 1.15 10.79 1.45 9.51 1.12 18.95 1.14 19.36 0.09 43.78 1.24 — 0.71 11.28 0.58 24.15 0.55 20.67 1.45 12.73 1.36 22.85 0.67 13.19 1.11 12.75 0.53 92.84 0.56 21.24 0.22 36.31 0.56 20.17 0.8 8.44 1.11 31.0 0.61 2.11 0.94 29.4 0.9 22.99 0.8 9.48 0.83 28.54 0.75 9.68 1.21 17.89 1.74 10.96 0.73 84.04 0.9 12.98 1.08 15.9 1.07 12.92 1.27 15.46 0.74 17.51 1.54 9.61 0.75 28.79 0.93 21.93

851 —

AVPAX 3 13.8

1,796 y 27 1,333 y 24 1,418 p 25 2,031 y 26 2,630 p 29 2,106 y 31 2,191 y 22 629 a 35 1,191 t 32 1,481 t 48 1,742 p 35 2,625 y 19

p 17 a 17 592 47 t 18 p 17 138 78

1.3 1.6 1.5 1.2 1.5 1.4 1.9 1.1 1.4 1.7 1.5 1.5

5 0 2 1 0 4 5 1 2 6 0

95 99 98 99 82 98 96 92 98 98 92 99 53 59 70 53 55 20 32 66 65 84 70 14 52 55 94 67 65 59 37 40 27 66 33 53 40 57

5,675 Management Team 1,387 John/Lewis (3.8/1.4) 199 Steven Roth (7.7) 7,488 Management Team 1,702 Management Team 3,040 Derek Janssen (3.2) 1,279 Management Team 1,466 Hench/Zaino (11.9/18.0)

6 16.4

ASVIX

4 Clsd

DASCX 3 14.2

y 24 t 13

64 128

0 NL 2 NL

3 14.5

p 20 a 15 1514 15

DFFVX

DHSCX 6 14.9

y 27 d 12 p 17 t 15 p 20 t 17 a 22 p 18 a 17 p 13 t 19 y 15

74 17

18

5 Clsd

3 14.5 6 17.4

FCPVX JSCVX

59 34 81 37

4 Clsd

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

RYPNX 3 16.3

p 19 t 17 251 27

3 12.9 3 14.5 6 15.2 3 15.4

RYVFX RYSEX TASCX VSIAX

60 60 44 15

533 Jay Kaplan (12.2)

1,482 Dreifus/McBoyle (17.9/1.5)

59 29

306 Bui/Rewey, III (3.2/1.7) 16,344 Michael Buek (17.8)

p 17 t 13 859 16

—

1.8

0.2 3,550 — — 2.4 56,341 d 15 2.4 103,871 y 18 2.3 66,223 p 16

— —

— —

— 31

14 54 28

18 —

1,668 —

AACTX 4 17.0 ABALX 4 17.7 AMECX 1 17.6 ARBFX 5 22.0 MOBAX 7 20.2

a 15 y 13

21

8

7 9 6

39 32 22

21 5.75 8 5.75 18 5.75

6,240 Management Team 88,358 Management Team 96,287 Management Team 1,988 Management Team 1,694 Management Team 3,659 Management Team 13,275 Management Team 27,545 Management Team 4,275 Dierdorf/Sharpe (7.2/6.7) 25,278 Management Team 836 Management Team 16,583 Management Team 72,441 Management Team 8,326 Management Team 298 Charles Carlson (32.7) 13,034 Management Team 12,865 Management Team 11,821 Management Team

a 17 s 14 1506 82 s 14 a 14 1687 45

5,899 y 22

p 15 a 14 d 24 a 16 t 16 d 13

2.2

90 514 76 35

46 12

0

9 NL 0 NL

3.3 78,800 s 28

33

44 Canakaris/Donahue (21.4/3.1)

2 15.9 4 16.7

6,035 a 34

BERIX CVSIX

1.8

83 45

43

24 13 10 52

7 NL

2.2 95,346 a 19 1.7 60,949 y 27 2.2 38,565 a 18 1.9 35,077 y 16 2.5 59,078 a 21 1.5 50,716 a 34 1.8 71,445 f 18 2.4 70,144 a 19 1.4 57,790 y 34 3.3 75,190 y 19 1.7 30,284 u 21 1.5 14,319 y 20 2.7 45,840 p 24 2.8 37,329 a 20 3.0 26,171 a 23 3.0 25,963 a 23 1.7 19,951 a 22 1.9 55,656 y 22 2.1 7,352 u 98 1.6 2,534 p 31 — 26,075 —

y 17 d 16 506 37 a 25 d 17 395 20 d 16 t 14 1164 128 d 19 t 16 1172 106 t 1 i 0 355 23 y 27 p 14 131 48 o 16 p 14 515 44 d 16 y 14 273 10 d 14 a 11 430 69 d 19 t 18 470 75 y 20 d 9 2438 48 p 20 d 18 315 78 d 22 y 17 304 14 t 17 d 11 728 51 t 22 d 11 652 66 t 22 d 11 693 56 y 16 p 13 169 157 d 15 p 13 812 45 a 14 d 14 4 8 a 20 y 16 97 25 — — 902 146

6 2 3 1 6 1

-2 4.75 10 NL 7 NL 27 NL 9 NL 2 NL 9 NL 20 4.25 -2 5.75

DODBX 4 15.8

32 30 15

1 3 0

7 17.9

FBALX

FFNOX 4 16.2 FPURX 7 18.6

24

0

5 30.6 4 15.6 1 15.8 4 16.7

FSRRX FPACX FKINX GATEX

32 53

37

6

6

5 5

30 10

0

1

GRSPX 3 15.7

7

22 17 35 57 13 43 30 57 41 52

4 7 2 4 1 3 0 0 0 0 4 1 2 2 0

2 NL

1 15.2

ACEIX

11

8 5.50

JABAX 7 17.3 JNBAX 1 15.4 LCORX 5 12.8 MAPOX 1 16.4 EXDAX 7 18.2 MNBAX 7 19.2 EXBAX 7 19.2 MERFX 4 17.7 MSFRX 1 14.7 MASNX 7 —

3 2

8 NL

33 4.50

45

9 NL

949 Management Team

26

— 5.75

1,372 Management Team

3

3 NL 12 NL 17 NL 14 NL -5 NL

691 Earley/Kaliebe (1.2/10.2)

10

1,276 Management Team 1,312 Management Team 1,381 Management Team

6 8

35

4

4,223 Behren/Shannon (9.2/9.2)

5

59

35

9 5.75 — 5.75

7,020 Management Team 3,219 Management Team 17,032 Management Team 1,863 Management Team

MSFRX —

—

—

—

—

—

—

52 — 123

8 -33

OAKBX 4 13.9 PAXWX 7 17.6

1.8 35,568 y 29 2.4 53,990 y 20

t 18 p 17 272 25 d 19 a 17 310 61

21

61 65

16 31

7 NL 10 NL

4

17.0 1.3 1,367 18.2 2.5 73,571

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