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 05/31/2017
TOP TEN STOCKS (%)1
Popular Inc.
4.4
ARRIS International PLC
4.1
Calpine Corp.
4.0
CIT Group Inc.
3.8
Goodyear Tire & Rubber
3.3
Citizens Financial Group Inc.
3.3
Ericsson
3.2
Hewlett Packard Enterprise
3.1
Whiting Petroleum Corp.
3.1
Office Depot Inc.
3.1
0% 1% 2% 3% 4% 5%
TOP TEN INDUSTRIES (%)1
Oil, Gas & Consumable Fuels
15.0
Banks
14.0
Communications Equipment
7.2
Specialty Retail
6.6
Indep. Pwr & Renewable Elect. Producers
5.9
Electronic Equipment & Instruments
5.8
Energy Equipment & Services
5.1
Auto Components
5.1
Insurance
5.0
Media
4.2
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio Russell Midcap Value2 Russell Midcap2
Financials 22.7 19.6 13.2
Energy 20.2 9.6 5.9
Consumer Discretionary 20.0 8.6 15.1
Information Technology 18.6 9.5 15.3
Industrials 8.8 13.1 13.9
Utilities 5.9 11.2 6.2
Health Care 1.8 4.1 9.3
Consumer Staples 1.6 3.3 5.0
Real Estate 0.9 13.9 10.0
Telecommunication Services 0.0 1.0 0.6
Materials 0.0 6.1 5.7
STATISTICS
  Portfolio Russell Midcap Value Russell Midcap
Projected P/E (FY2) 11.0x 15.8x 17.1x
Price/Normal Earnings 6.8x 15.8x 18.3x
Price/Book 1.1x 1.9x 2.6x
Price/Sales 0.6x 1.5x 1.7x
Weighted Average Market Capitalization (millions) $8,641 $14,158 $15,068
Median Market Capitalization (millions) $5,018 $6,549 $7,144
Standard Deviation 16.85 11.00 11.11
Beta 1.35 -- --
Alpha -7.43 -- --
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 3/31/17

Index definitions

Glossary of financial terms