(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)

— 15.5 1.5 2,464 y 25

p 17 t 14 — 74 3 97 0 0 p 17 a 17 600 47 5 95 0 0 t 20 p 16 148 78 0 98 0 1 a 19 y 10 94 40 6 94 0 0 p 19 a 14 62 128 1 99 0 0 p 20 a 14 1539 15 0 100 0 0 y 28 d 11 77 16 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 29 5 93 0 2 p 16 t 13 872 12 1 99 0 0

2 — 1.3 — 812 —

AVPAX 3 16.8 1.4 1,994 y 27

5 NL

1.17 20.28 5,117 Management Team

6 16.7 1.6 1,325 y 26

ASVIX

4 Clsd 1.25 6.92 1,291 John/Lewis (3.7/1.2)

ARTVX 3 15.2 1.2 1,390 p 39 DASCX 3 14.4 1.7 1,506 y 25

1 Clsd 1.23 9.69

399 Management Team 173 Steven Roth (7.6)

0 NL 1 NL

1.25 12.94

3 14.6 1.2 2,100 y 29

0.37 18.41 6,627 Management Team

DFFVX

DHSCX 6 14.4 1.5 2,773 p 28

4 Clsd 1.32 29.01 1,565 Management Team 3 Clsd 1.19 16.05 2,649 Derek Janssen (3.0)

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

FCPVX JSCVX

0.81 17.42 1,330 Management Team 1.15 9.73 1,370 Hench/Zaino (11.7/17.8)

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 15.5 1.4 2,723 y 19

RYVFX

1.45 8.45

490 Jay Kaplan (12.1)

RYSEX TASCX VSIAX

1.12 17.37 1,402 Dreifus/McBoyle (17.7/1.3)

1.1 17.74

299 Bui/Rewey, III (3.1/1.6)

0.09 39.72 16,653 Michael Buek (17.7)

— 1.7 0.2 3,797 — —

— —

— — — 30 13 52 30 5 19 — 1.24 — 1,651 —

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 21.6 4.1 79,416 s 29

a 15 y 13 21 8 7 53 39 2 21 5.75 0.71 10.82 5,822 Management Team

a 17 s 14 1506 68 9 59 32 1

8 5.75 0.59 23.24 83,097 Management Team

s 14 a 14 1687 45 6 70 22 2 18 5.75 0.55 19.77 91,586 Management Team

y 23 p 13 108 514 28 72 0 1 d 27 a 15 72 36 8 57 35 0 t 14 d 13 90 45 41 21 25 14 y 19 p 14 115 24 6 65 6 23 y 16 d 15 512 38 6 34 11 49

9 NL 0 NL

1.45 12.6 1,970 Management Team

1.36 22.31

34 Canakaris/Donahue (21.2/2.9)

2 16.0 1.7 5,739 a 34 4 17.6 2.5 128,460 a 19 4 18.0 2.3 97,218 a 20

BERIX CVTRX CVSIX

6 NL

0.64 12.8 1,697 Management Team

0 4.75 1.09 28.26 2,493 Management Team

1.11 12.53 3,752 Management Team 0.53 90.16 14,269 Management Team 0.56 20.32 26,580 Management Team 0.22 34.49 4,070 Dierdorf/Sharpe (7.0/6.6) 0.56 19.52 24,303 Management Team

0 4.75

DODBX 4 15.8 1.7 60,949 y 27

a 25 d 17 395 23 2 66 32 1 10 NL

7 18.7 2.4 41,657 a 18

d 17 t 15 1185 128 3 67 28 2

FBALX

8 NL

FFNOX 4 18.0 2.1 38,171 y 17 FPURX 7 19.0 2.6 63,333 a 20

a 15 d 14 4 8 1 84 15 0 27 NL

d 19 y 17 1197 106 5 72 23 0 t 1 i 0 363 23 3 14 31 52 y 28 p 12 130 31 38 52 6 4 d 16 y 15 278 13 3 97 0 0 a 21 y 12 94 50 4 71 22 4 d 14 a 12 442 69 11 64 18 7 d 19 t 18 470 75 3 59 35 2

9 NL 2 NL 8 NL

5 32.4 2.1 7,637 u 98 4 15.6 1.5 53,858 a 35 1 15.8 1.8 71,445 f 18 4 17.1 2.4 75,509 a 19

FSRRX FPACX FKINX

0.8 8.15

863 Management Team

1.11 29.49 18,120 Management Team

o 16 p 14 515 45 5 55 30 10 20 4.25 0.61 2.02 76,369 Management Team

0.94

GATEX

-1 5.75

28.8 8,029 Management Team

GRSPX 3 16.8 1.5 2,497 p 32

2 NL

0.9 21.28

293 Charles Carlson (32.6)

1 15.4 1.4 53,158 y 33

ACEIX

9 5.50

0.8 9.13 12,597 Management Team 0.83 27.76 13,346 Management Team

JABAX 7 17.3 3.3 75,190 y 19 JNBAX 4 16.0 1.8 32,579 y 24 LCORX 5 12.8 1.5 14,319 y 20 MAPOX 1 16.8 2.6 46,412 p 24 EXDAX 4 18.4 2.7 40,010 a 21 MNBAX 7 19.2 2.9 26,976 t 24 EXBAX 7 19.2 2.9 26,414 t 24 MERFX 4 19.5 1.7 17,939 y 18 MSFRX 1 15.0 2.0 59,691 y 23 OAKBX 4 13.9 1.8 35,568 y 29 PAXWX 7 18.5 2.3 49,019 a 19

8 NL

u 21 d 9 2462 48 4 37 55 4 34 4.50 0.75 9.47 11,662 Management Team

p 20 d 18 315 79 45 40 13 1 d 21 y 18 313 5 3 65 32 0

9 NL 3 NL

1.21 17.16 0.73 79.37

879 Management Team 642 Earley/Kaliebe (1.1/10.1)

t 18 s 10 701 51 7 34 59 0 14 NL a 24 s 10 632 66 4 53 43 0 18 NL a 24 s 10 687 56 9 41 50 0 17 NL

0.89 12.6 1,294 Management Team 1.06 15.3 1,303 Management Team 1.06 12.5 1,377 Management Team

a 14 p 11 192 137 27 68 2 4 d 15 p 12 819 45 1 59 39 0 t 18 p 17 272 25 21 61 16 2

-1 NL

1.27 15.15 4,550 Behren/Shannon (9.0/9.0)

9 5.75 0.74 16.77 6,671 Management Team

7 NL

0.75 27.29 16,592 Management Team 0.93 21.14 1,800 Management Team

d 18 y 17 311 52 3 64 33 0 10 NL

17.0 1.7 1,372 15.3 1.2 1,241 16.7 2.4 70,644

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