Mid-Cap Value Fund (HWMIX)

I SHARES    A SHARES    C SHARES    R 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 07/31/2017
TOP TEN STOCKS (%)1
Popular Inc.
4.8
Hewlett Packard Enterprise
4.4
Calpine Corp.
4.3
ARRIS International PLC
4.0
Kosmos Energy Ltd.
3.4
Citizens Financial Group Inc.
3.3
Goodyear Tire & Rubber
3.2
Ericsson
3.1
CIT Group Inc.
2.9
Bed Bath & Beyond Inc.
2.9
0% 1% 2% 3% 4% 5%
TOP TEN INDUSTRIES (%)1
Oil, Gas & Consumable Fuels
15.1
Banks
13.5
Communications Equipment
7.2
Indep. Pwr & Renewable Elect. Producers
6.7
Specialty Retail
5.6
Energy Equipment & Srvcs
5.5
Auto Components
5.0
Insurance
4.8
Tech Hardware, Stge & Peripherals
4.4
Machinery
4.3
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio Russell Midcap Value2 Russell Midcap2
Financials 22.7 19.7 14.3
Energy 20.5 7.9 5.5
Consumer Discretionary 18.8 12.1 14.6
Information Technology 17.5 6.3 14.8
Industrials 9.0 11.3 13.6
Utilities 6.7 10.6 6.2
Health Care 1.8 7.1 10.5
Consumer Staples 1.5 4.3 4.4
Real Estate 0.9 14.7 9.9
Telecommunication Services 0.0 0.9 0.6
Materials 0.0 5.1 5.7
STATISTICS
  Portfolio Russell Midcap Value Russell Midcap
Projected P/E (FY2) 11.0x 16.2x 17.3x
Price/Normal Earnings 7.2x 16.0x 18.2x
Price/Book 1.1x 1.9x 2.6x
Price/Sales 0.6x 1.5x 1.7x
Weighted Average Market Capitalization (millions) $8,726 $13,655 $13,843
Median Market Capitalization (millions) $5,218 $7,049 $7,344
Standard Deviation 16.62 10.69 10.81
Beta 1.36 -- --
Alpha -7.30 -- --
R-Squared 0.77 -- --

Mutual fund investing involves risk. Principal loss is possible. Investing in medium-sized companies involves greater risks than those associated with investing in large company stocks, such as business risk, significant stock price fluctuations and illiquidity. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.

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

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 6/30/17

Index definitions

Glossary of financial terms