Large Cap Value Fund (HWLIX)

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 09/30/2019
TOP TEN STOCKS (%)1
Wells Fargo & Co.
5.1
General Electric Co.
4.6
American International Group Inc.
4.5
Microsoft Corp.
4.3
Goldman Sachs Group Inc.
3.7
Citigroup Inc.
3.7
Oracle Corp.
3.3
Hewlett Packard Enterprise
3.1
General Motors Co.
3.0
Comcast Corp.
2.6
0% 2% 4% 6% 8% 10%
TOP TEN INDUSTRIES (%)1
Banks
13.1
Oil, Gas & Consumable Fuels
9.8
Software
7.6
Insurance
6.1
Media
5.8
Capital Markets
5.7
Machinery
4.8
Industrial Conglomerates
4.6
Automobiles
3.8
Health Care Equipment & Supplies
3.6
0% 3% 6% 9% 12% 15%
SECTOR BREAKDOWN (%)1
  Portfolio Russell 1000 Value2 S&P 500
Financials 29.9 22.5 12.9
Information Technology 15.5 9.7 21.9
Energy 11.9 9.0 4.5
Industrials 10.8 8.0 9.3
Health Care 8.4 15.2 13.7
Communication Services 7.9 7.1 10.4
Consumer Discretionary 6.5 5.3 10.1
Utilities 3.1 6.4 3.6
Consumer Staples 2.8 7.8 7.6
Materials 1.5 4.0 2.7
Real Estate 0.0 5.0 3.2
STATISTICS
  Portfolio Russell 1000 Value S&P 500
Projected P/E (FY2) 11.2x 13.9x 16.4x
Price/Normal Earnings 8.4x 14.7x 18.8x
Price/Book 1.4x 2.0x 3.2x
Price/Sales 1.1x 1.5x 2.2x
Weighted Average Market Capitalization (millions) $120,953 $114,618 $246,771
Median Market Capitalization (millions) $38,717 $9,409 $22,702
Standard Deviation 16.43 12.17 12.01
Beta 1.29 -- --
Alpha -1.19 -- --
R-Squared 0.92 -- --

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 6/30/19

Index definitions

Glossary of financial terms