Current Portfolio Style
Costs
Operations
27
Current
Equity
Style
Box
Price/
Earn
Ratio
Price/
Book
Ratio
Average
Market
Cap
($Mil)
Top Three Sectors
(% of Stock)
Total
# of
Hold-
ings
Turn-
over
%
Recent Composition
(% of Assets)
Sales
Charge
%
Expense
Ratio %
NAV
($)
Total
Assets
($Mil)
Portfolio Manager (Tenure Years)
Cash Stock Bond Other Foreign
— 17.0 3.0 39,246
a
27
t
17
d
13 — 72 3 96 0 0
7 — 1.22 — 1,695 —
VMRGX
7
16.6 3.2 33,466
a
33
t
15
d
13 323 49 2 98 0 0
5 NL
0.40
20.79 9,069 Management Team
VPCCX
7
15.3 2.7 39,764
d
30
a
25
p
15 140 10 2 98 0 0 16 Clsd
0.50
15.83 4,923 Management Team
VPMCX
7
15.5 2.7 45,385
d
32
a
31
p
13 122 6 3 97 0 0 12 Clsd
0.45
74.22 31,199 Management Team
— 13.7 2.0 42,122
a
16
y
15
d
12 — 64 2 94 2 1
9 — 1.12 — 2,743 —
AMANX
4
13.8 2.9 38,133
p
27
d
18
s
17 66 3 1 98 0 0 21 NL
1.20 35.98 1,333 Kaiser/Klimo (23.1/0.4)
ANCFX
7
14.0 2.3 43,145
a
14
p
14
t
14 256 28 5 93 0 2 21 5.75
0.63
42.75 52,008 Management Team
AIVSX
4
12.3 2.1 60,994
o
16
a
15
p
13 243 28 8 89 1 2 10 5.75
0.61
31.42 57,195 Management Team
BBTEX
4
14.2 2.3 58,313
y
22
s
19
d
17 35 14 7 93 0 1 14 Clsd 1.00 18.25 4,317 Management Team
BRLIX
4
13.9 2.0 134,842
a
24
y
17
o
14 38 33 0 100 0 0
0 NL
0.15
8.79
265 Management Team
CGMFX
1
14.6 1.5 19,600
t
46
y
23
s
11 21 496 1 114 -15 0
0 NL
1.05 32.02 1,547 G. Heebner (15.4)
CFIMX
4
13.4 1.4 33,589
y
56
s
19
a
10 28 15 2 98 0 0 14 NL
0.75 72.67 1,062 Davis/Feinberg (7.1/7.1)
UMBIX
4
14.1 1.9 63,486
y
20
a
19
d
16 79 64 0 98 0 2
4 NL
0.94 46.77 2,355 Pope/Smith (4.0/4.0)
NYVTX
7
14.8 1.6 39,463
y
37
s
15
a
10 77 11 0 100 0 0 17 4.75 0.90 37.01 20,098 Davis/Feinberg (17.4/14.8)
DSEFX
7
13.3 2.3 31,750
a
22
d
12
s
11 150 94 1 99 0 0
7 NL
1.25 34.37
789 Donald Tunnell (3.8)
DGAGX
4
12.5 2.6 107,212
s
30
o
21
a
14 63 3 7 93 0 0 17 NL
0.97 45.93 5,722 Management Team
FDGFX
7
13.4 1.9 17,241
a
19
y
13
p
12 515 63 0 99 0 0 15 NL
0.91 31.48 7,584 Lawrence Rakers (4.4)
FLCSX
4
12.3 1.6 42,023
y
23
a
16
d
15 208 64 1 99 0 0
8 NL
1.02 21.61 1,362 Matthew Fruhan (7.8)
FUSEX
4
13.3 2.0 54,806
a
17
y
14
d
12 506 5 1 99 0 0
2 NL
0.10
53.10 52,544 Management Team
FSTMX
4
13.6 2.0 31,080
a
17
y
14
p
12 3,290 17 2 98 0 0
3 NL
0.10
43.50 15,641 Management Team
FEVAX
1
13.6 1.8 22,855
a
20
y
19
r
16 89 14 19 72 2 7
7 5.00 1.17 18.41 3,143 Management Team
FMIHX
4
13.8 2.2 34,107
p
25
y
20
s
17 29 21 7 93 0 0 14 NL
0.96 18.10 6,706 Management Team
GABAX
4
14.8 2.0 13,571
p
23
s
20
t
17 508 8 0 100 0 0 18 NL
1.37 54.96 2,944 Management Team
JSVAX
4
13.2 2.5 10,908
p
28
t
19
o
16 41 53 1 99 0 0 27 NL
0.74 15.83 2,573 Daniel Kozlowski (1.6)
LGVAX
4
12.4 1.8 54,389
y
19
a
19
t
17 49 40 0 98 0 2
4 5.75 1.03 45.98 2,275 Gay/Peters (6.9/2.3)
LLPFX
1
13.3 1.4 20,713
y
34
p
13
r
12 30 24 7 88 0 5
7 NL
0.91 28.75 8,300 Cates/Hawkins (18.9/25.8)
MUBFX
4
13.0 1.7 45,866
y
18
d
15
t
13 192 40 2 98 0 0 16 NL
0.89 37.37 2,157 Management Team
MPGFX
4
14.1 2.6 14,181
p
36
d
18
r
14 46 3 4 96 0 0
4 NL
0.72 89.60 2,765 Frels/Henneman (13.2/7.1)
EXEYX
7
15.6 1.9 15,388
a
24
o
14
t
13 72 63 3 97 0 0
2 NL
1.05 18.51 1,251 Management Team
MFRFX
7
14.7 2.0 43,343
a
17
y
15
p
13 134 61 1 98 0 1
4 5.75 0.90 29.95 3,088 Joseph MacDougall (4.8)
MUHLX
4
11.7 1.7 23,583
y
21
d
20
a
18 49 43 1 100 0 -1
6 NL
1.25 56.25
451 Ronald Muhlenkamp (24.2)
TEBIX
1
11.6 1.3 23,372
y
20
a
15
s
15 149 51 7 85 6 2 37 5.75 1.14 14.09 3,741 Correa/Hormozi (6.0/3.2)
OAKMX
4
12.1 1.4 44,212
y
29
a
20
p
14 56 27 5 95 0 0
8 NL
1.03 51.26 8,012 Grant/Nygren (12.9/12.9)
OAKLX
4
12.0 1.0 26,244
y
28
a
24
t
14 22 32 6 94 0 0 10 NL
1.05 32.78 3,507 Management Team
PRBLX
7
17.1 2.8 18,533
p
22
s
21
d
15 39 63 6 94 0 0 10 NL
0.94 31.02 5,473 Ahlsten/Allen (11.8/0.8)
POSKX
4
14.0 2.6 33,331
d
29
a
19
p
14 113 11 11 89 0 0 14 NL
0.66 16.92 1,525 Management Team
RSEMX
4
12.9 2.4 20,396
p
28
a
25
t
22 33 5 8 92 0 0
0 NL
1.39 12.40
120 Charles Dreifus (2.1)
SWPPX
4
14.0 2.0 56,359
a
18
y
14
d
12 504 2 1 99 0 0
2 NL
0.09
23.34 12,827 Management Team
SWTSX
4
14.3 2.0 31,745
a
17
y
14
p
12 2,452 3 1 99 0 0
2 NL
0.09
27.17 2,309 Hong/Mano (0.9/13.7)
SLADX
7
15.1 1.7 37,138
y
35
s
18
a
10 82 11 6 94 0 0 18 NL
0.61
44.25 5,602 Davis/Feinberg (18.2/14.8)
SEQUX
7
19.3 2.8 22,655
t
24
d
22
p
20 46 3 16 84 0 0 20 Clsd 1.00 177.30 6,186 Goldfarb/Poppe (14.6/6.8)
PRDGX
4
14.1 2.4 35,440
y
17
p
17
d
15 120 10 6 94 0 0
3 NL
0.68 27.73 2,750 Thomas Huber (12.9)
TVAFX
7
11.8 1.4 23,410
a
20
t
17
d
16 56 54 0 97 0 3 22 4.50 1.32 34.28 1,290 Browne/Maran (7.0/7.0)
TORYX
1
12.1 2.1 34,743
y
23
p
22
d
15 33 13 7 94 0 0
4 NL
1.17 34.74
344 Torray/Fialco (22.2/4.8)
VFIAX
4
14.2 2.1 58,821
a
19
y
13
d
12 517 4 0 100 0 0
1 NL
0.05
138.18 125,930 Michael Buek (21.1)
VCVLX
2
11.4 1.1 10,568
y
20
o
18
a
14 138 123 0 97 0 3 12 Clsd
0.47
11.89
829 Higgins/Palmer (4.6/3.1)
VDAIX
4
14.7 3.0 42,697
s
27
p
24
t
12 134 14 0 100 0 0
0 NL
0.25
25.24 15,923 Ryan Ludt (6.8)
VDIGX
4
13.9 2.6 60,417
p
18
d
18
s
16 53 13 0 96 0 4 10 NL
0.31
17.52 12,704 Donald Kilbride (7.0)
VQNPX
4
13.5 1.9 58,743
a
18
y
15
d
12 845 102 2 98 0 0
1 NL
0.36
31.82 4,483 Management Team
VTCLX
4
14.3 2.1 41,785
a
18
y
13
d
12 626 2 0 100 0 0
0 NL
0.12
74.97 4,298 Michael Buek (18.4)
14.3 1.9 40,421.1
Bold #
Cheapest Quintile
Equity Style Box
Val BlndGrth
Lrg Mid Sm
Sectors
h
Cyclical
r
Basic Materials
t
Consumer Cyclical
y
Financial Services
u
Real Estate
j
Sensitive
i
Communication Svs
o
Energy
p
Industrials
a
Technology
k
Defensive
s
Consumer Def
d
Healthcare
f
Utilities
