Small-Mid Cap Value

Portfolio snapshot* : 6/30/2014

Current Number of Holdings

47

Price to Book (12 month trailing)

1.2

Price to Sales (12 month trailing)

1.01

Price to Cash Flow (12 month trailing)

10.30

L.T. Debt to Capital (average)

23%

Weighted Average Market Cap

$3,125 Million

Median Market Cap

$1,407 Million

Turnover (last 12 months)

26%

General Information:

Portfolio Management Strategy - Fundamental, Bottom-up Analysis

Preferred Benchmark - Russell 2500 Value

Account Minimums - $1 Million

Small-Cap Value | Small/Mid-Cap Value