Diversified Value Fund (HWCCX)

I SHARES    A SHARES    C SHARES   

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Click quarter-end or month-end to obtain the most recent fund performance.

Characteristics
As of 01/31/2018
TOP TEN STOCKS (%)1
Hewlett Packard Enterprise
5.3
American International Group Inc.
5.1
Citigroup Inc.
3.7
Wells Fargo & Co.
3.6
Oracle Corp.
3.5
Microsoft Corp.
3.1
Bank of America Corp.
3.0
Marathon Oil Corp.
3.0
Apache Corp.
2.7
Discovery Communications
2.6
0% 2% 4% 6% 8% 10%
TOP TEN INDUSTRIES (%)1
Banks
14.2
Oil, Gas & Consumable Fuels
12.2
Insurance
6.8
Software
6.6
Media
5.9
Tech Hardware, Stge & Peripherals
5.3
Machinery
4.6
Consumer Finance
4.6
Capital Markets
3.4
Health Care Equipment & Supplies
3.4
0% 3% 6% 9% 12% 15%
SECTOR BREAKDOWN (%)1
  Portfolio Russell 1000 Value2 S&P 500
Financials 29.0 26.6 14.9
Information Technology 17.7 8.5 24.2
Energy 13.4 11.0 6.0
Consumer Discretionary 11.8 6.8 12.6
Industrials 10.0 8.4 10.3
Health Care 8.6 13.5 13.9
Consumer Staples 4.0 8.6 7.9
Telecommunication Services 2.3 3.0 1.9
Utilities 1.5 5.9 2.7
Materials 1.4 3.0 3.0
Real Estate 0.0 4.7 2.7
STATISTICS
  Portfolio Russell 1000 Value S&P 500
Projected P/E (FY2) 13.2x 14.9x 16.7x
Price/Normal Earnings 10.7x 15.8x 18.8x
Price/Book 1.7x 2.1x 3.4x
Price/Sales 1.1x 1.7x 2.3x
Weighted Average Market Capitalization (millions) $108,440 $125,578 $208,625
Median Market Capitalization (millions) $28,998 $9,969 $22,965
Standard Deviation 13.86 9.96 10.01
Beta 1.30 -- --
Alpha -1.36 -- --
R-Squared 0.87 -- --

Mutual fund investing involves risk. Principal loss is possible. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund may invest in American Depository Receipts (“ADRs”) and Global Depository Receipts (“GDRs”) which may be subject to some of the same risks as direct investment in foreign companies.

Diversification does not assure a profit nor protect against loss in a declining market.

Information on the Fund’s holdings, portfolio characteristics and attribution reports are subject to its portfolio holdings disclosure policy. Such information may be obtained through the Funds’ website or by calling 800-796-5606. Fund holdings and/or sector allocations are subject to change and are not buy/sell recommendations. Information presented based on proprietary or third-party estimates are subject to change and cannot be guaranteed.

% of Total Portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis. 
2 As of 12/31/17

Index definitions

Glossary of financial terms