(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)

— 15.4 1.4 2,274 y 24

p 17 t 13 — 72 3 97 0 0 a 17 p 16 601 47 5 95 0 0 t 18 p 17 138 78 0 99 0 1 a 19 y 10 94 39 6 94 0 0 p 24 t 12 61 128 3 97 0 0 p 20 a 14 1526 15 2 98 0 0 y 28 d 11 77 17 20 80 0 0 p 15 a 14 57 34 1 97 0 2 p 20 t 17 81 86 4 96 0 0 p 19 t 17 251 36 5 92 0 3 a 22 p 18 60 38 1 98 0 2 a 17 p 13 44 21 2 98 0 0 y 17 t 17 62 40 5 93 0 2 p 16 t 13 865 12 1 99 0 0

2 — 1.3 — 811 —

AVPAX 3 14.6 1.3 1,888 y 27

5 NL

1.16 20.54 5,117 Management Team

6 16.4 1.6 1,333 y 24

ASVIX

4 Clsd 1.25 6.94 1,291 John/Lewis (3.7/1.3)

ARTVX 3 15.2 1.2 1,390 p 39 DASCX 3 13.9 1.5 1,428 y 26

1 Clsd 1.27 9.91

367 Management Team 173 Steven Roth (7.7)

0 NL

1.25 12.99

3 13.8 1.2 1,983 y 28

0.37 18.67 6,627 Management Team

DFFVX

2 NL

DHSCX 6 13.9 1.5 2,584 p 28

4 Clsd 1.31 29.48 1,565 Management Team 3 Clsd 1.19 16.41 2,649 Derek Janssen (3.1)

3 17.6 1.5 2,226 y 30 6 17.4 1.9 2,191 y 22

FCPVX JSCVX

0.81 17.59 1,257 Management Team 1.15 9.87 1,370 Hench/Zaino (11.7/17.9)

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

RYPNX 3 16.3 1.1 629 a 35

3 12.9 1.4 1,191 t 32 3 14.5 1.7 1,481 t 48 6 15.9 1.7 2,051 p 33 3 14.7 1.4 2,578 y 19

RYVFX RYSEX TASCX VSIAX

1.45 8.8

490 Jay Kaplan (12.2)

1.12 17.53 1,402 Dreifus/McBoyle (17.8/1.4)

1.1 17.79

299 Bui/Rewey, III (3.2/1.7)

0.09 40.35 16,035 Michael Buek (17.7)

— 1.7 0.2 3,761 — —

— —

— — — 30 13 54 31 3 19 — 1.24 — 1,643 —

AACTX 4 17.0 2.4 56,341 d 15 ABALX 4 17.7 2.4 103,871 y 18 AMECX 1 17.6 2.3 66,223 p 16 ARBFX 5 25.0 2.1 5,800 a 24 MOBAX 7 20.9 3.4 78,644 s 30

a 15 y 13 21 8 7 53 39 2 21 5.75 0.71 10.8 5,836 Management Team

a 17 s 14 1506 68 9 59 32 1

8 5.75 0.58 23.24 83,135 Management Team

s 14 a 14 1687 45 6 70 22 2 18 5.75 0.55 19.76 91,579 Management Team

y 23 p 13 108 514 28 72 0 1 d 24 a 17 73 35 13 54 32 0 t 16 d 13 88 45 40 20 25 14 y 17 d 16 506 37 6 32 10 52

9 NL 0 NL

1.45 12.66 1,970 Management Team

1.36 22.21

34 Canakaris/Donahue (21.3/3.0)

2 15.8 1.6 5,987 a 33 4 16.7 2.2 95,346 a 19

BERIX CVSIX

7 NL

0.64 12.87 1,697 Management Team

1.11

-2 4.75

12.5 3,676 Management Team

DODBX 4 15.8 1.7 60,949 y 27

a 25 d 17 395 20 2 66 32 1 10 NL

0.53 89.8 13,454 Management Team 0.56 20.24 26,580 Management Team 0.22 34.26 4,070 Dierdorf/Sharpe (7.1/6.7)

7 17.6 2.2 39,287 a 18

d 16 t 14 1185 128 3 65 30 3

FBALX

8 NL

FFNOX 4 16.8 2.0 37,803 y 17 FPURX 7 18.5 2.4 62,153 a 21

a 14 d 14 4 8 2 83 16 0 27 NL

d 19 y 16 1186 106 6 70 24 0 t 1 i 0 361 23 2 14 31 52 y 27 p 14 131 31 37 52 6 6 d 16 y 15 276 13 3 96 0 0 a 20 y 15 97 50 6 68 22 4 d 14 a 11 430 69 11 65 17 7 d 19 t 18 470 75 3 59 35 2

8 NL 2 NL 9 NL

0.56 19.31 24,303 Management Team

8 30.5 2.1 7,375 u 98 4 15.6 1.5 50,716 a 34 1 15.8 1.8 71,445 f 18 4 16.6 2.4 72,866 a 19

FSRRX FPACX FKINX GATEX

0.8 8.13

863 Management Team

1.11 29.44 16,943 Management Team

o 16 p 14 515 44 5 55 30 10 20 4.25 0.61 2.02 72,704 Management Team

0.94 28.96 8,029 Management Team

-2 5.75

GRSPX 3 15.2 1.6 2,614 p 31

1 NL

0.9 21.57

293 Charles Carlson (32.7)

1 15.2 1.4 57,790 y 34

ACEIX

8 5.50

0.8 9.08 12,597 Management Team 0.83 27.7 12,838 Management Team

JABAX 7 17.3 3.3 75,190 y 19 JNBAX 4 15.5 1.7 30,599 y 22 LCORX 5 12.8 1.5 14,319 y 20 MAPOX 1 16.4 2.7 45,840 p 24 EXDAX 7 17.8 2.9 37,909 a 21 MNBAX 7 18.8 3.1 25,580 t 24 EXBAX 7 18.8 3.0 25,157 t 24 MERFX 4 17.7 1.7 19,951 a 22 MSFRX 1 14.5 1.9 56,573 y 22 OAKBX 4 13.9 1.8 35,568 y 29 PAXWX 7 17.6 2.4 53,990 y 20

8 NL

u 21 d 9 2424 41 3 37 56 4 34 4.50 0.75 9.37 11,662 Management Team

p 20 d 18 315 78 45 40 13 1 d 22 y 17 304 4 3 66 30 0

9 NL

1.21 17.38

879 Management Team

3 NL

0.73 80.26

642 Earley/Kaliebe (1.2/10.2)

t 18 s 11 716 45 9 33 58 0 13 NL a 24 s 11 642 65 5 52 44 0 17 NL a 24 s 11 690 56 9 40 52 0 14 NL

0.9 12.59 1,294 Management Team 1.08 15.23 1,303 Management Team 1.07 12.46 1,377 Management Team 1.27 15.21 4,550 Behren/Shannon (9.1/9.1)

y 16 p 13 169 137 35 57 4 4 d 15 s 13 808 45 5 60 35 1 t 18 p 17 272 25 21 61 16 2

-5 NL

9 5.75 0.74 16.8 6,671 Management Team

7 NL

0.75 27.37 16,592 Management Team 0.93 20.99 1,800 Management Team 0.76 35.64 2,767 Michael Cuggino (12.8)

d 19 a 17 310 52 4 65 31 0 10 NL a 15 o 12 109 17 11 33 28 28 12 NL

4 21.9 1.9 19,170 u 33

PRPFX

17.4 1.6 1,377 15.7 1.2 1,260 16.7 2.4 69,317

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