Putnam Allstate Advisor Plus
Putnam Small Cap Value Subaccount
The subaccount seeks capital appreciation.
- Highlights
- Performance
- Holdings
- Expenses
Fund Description
The subaccount pursues its objective of long-term capital appreciation by investing in stocks of small companies that are undergoing positive changes. In accordance with its value strategy, it seeks holdings that have below-average price/earnings ratios and that are priced below their long-term business value. The subaccount's focus on low valuation helps to manage the risk associated with investing in small companies.
Sales Story
Pursuing capital appreciation through undervalued small companiesSmall companies: Often overlooked by Wall Street analysts, the stocks of small companies can represent attractive opportunities to firms with strong research capabilities.A value strategy: The fund focuses on finding small companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.A rigorous process: The fund's experienced manager uses fundamental investment research to find stocks that are currently overlooked and undervalued in the current market.
Daily Pricing as of 03/04/15
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $31.04566 | $30.341964 |
| Unit Value Change | -0.151274 | -0.147973 |
‡ Lipper Ranking as of 01/31/15
Category: Small-Cap Value
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 94% | 27/28 |
| 1 yr. | 65% | 34/52 |
| 3 yrs. | 33% | 17/52 |
| 5 yrs. | 33% | 16/48 |
The fund invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.Although value investing targets stocks believed to be priced too low, there is no guarantee they will appreciate.
You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.
‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.
Performance as of 12/31/14
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 6.49% | 1.78% | 1.78% | 17.36% | 13.44% | 4.24% | 7.83% |
| Standardized | -1.51% | -6.22% | -6.22% | 15.39% | 12.71% | 4.24% | 7.83% |
| With optional enhanced death benefit | |||||||
| Unit Value | 6.45% | 1.62% | 1.62% | 17.18% | 13.27% | 4.08% | 7.67% |
| Standardized | -1.55% | -6.38% | -6.38% | 15.20% | 12.53% | 4.08% | 7.67% |
| Actual performance | |||||||
| Unit Value | 6.49% | 1.78% | 1.78% | 17.36% | 13.44% | 4.24% | 7.87% |
| Standardized | -1.51% | -6.22% | -6.22% | 15.39% | 12.71% | 4.24% | 7.87% |
| With optional enhanced death benefit | |||||||
| Unit Value | 6.45% | 1.62% | 1.62% | 17.18% | 13.27% | 4.08% | 7.70% |
| Standardized | -1.55% | -6.38% | -6.38% | 15.20% | 12.53% | 4.08% | 7.70% |
| Cumulative Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 6.49% | 1.78% | 1.78% | 61.64% | 87.86% | 51.46% | 225.89% |
| Standardized | -1.51% | -6.22% | -6.22% | 53.64% | 81.86% | 51.46% | 225.89% |
| With optional enhanced death benefit | |||||||
| Unit Value | 6.45% | 1.62% | 1.62% | 60.90% | 86.43% | 49.16% | 218.19% |
| Standardized | -1.55% | -6.38% | -6.38% | 52.90% | 80.43% | 49.16% | 218.19% |
| Actual performance | |||||||
| Unit Value | 6.49% | 1.78% | 1.78% | 61.64% | 87.86% | 51.46% | 207.47% |
| Standardized | -1.51% | -6.22% | -6.22% | 53.64% | 81.86% | 51.46% | 207.47% |
| With optional enhanced death benefit | |||||||
| Unit Value | 6.45% | 1.62% | 1.62% | 60.90% | 86.43% | 49.16% | 200.59% |
| Standardized | -1.55% | -6.38% | -6.38% | 52.90% | 80.43% | 49.16% | 200.59% |
Annual Performance at NAV
| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| 5.32% | 15.42% | -14.12% | -40.33% | 29.43% | 23.97% | -6.25% | 15.60% | 37.38% | 1.78% |
| With optional enhanced death benefit | |||||||||
| 5.16% | 15.25% | -14.26% | -40.42% | 29.23% | 23.78% | -6.39% | 15.43% | 37.17% | 1.62% |
Restated performance
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With optional enhanced death benefit
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Unit values and performance information shown apply to the specific annuity product listed, not the underlying Putnam Variable Trust fund. This information should not be used by investors who hold an interest in Putnam Variable Trust funds through a different annuity or other variable product. The unit values and performance of other variable products that offer Putnam Variable Trust funds may be higher or lower due to product charges and expenses or other factors.
Data is historical. Past performance is no guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your units.
Returns shown for the subaccounts for periods before their inception are derived from the historical performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $30 contract maintenance fee. Additional riders and options for insurance-related charges will increase expenses and lower returns. Please see the prospectus for details. For a portion of the period, subaccounts may have limited expenses, without which returns would have been lower.
Variable annuities are long-term investments designed for retirement purposes. Putnam Hartford products are flexible-premium variable annuities issued by Hartford Life and Annuity Insurance Company, Simsbury, CT.
Putnam Allstate variable annuities are flexible-premium deferred variable annuities issued by Allstate Life Insurance Company (Allstate Life); underwritten by Allstate Distributors, L.L.C., both of Northbrook, IL; and sold through registered representatives or bank employees who are licensed insurance agents. Please check for availability in your specific state.
These policies have limitations and are sold by prospectus only. The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus containing this and other information for any variable annuity or variable life product that invests in Putnam Variable Trust funds, contact your financial advisor for a contract prospectus and prospectus for the underlying funds. You may also call Hartford at 1-800-521-0538 or Allstate at 1-800-390-1277. Read the prospectuses carefully before investing.
For the most recent month-end performance, please call Hartford at 1-800-521-0538 or Allstate at 1-800-390-1277.
The fund invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.
Although value investing targets stocks believed to be priced too low, there is no guarantee they will appreciate.
You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.
Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.
Top 10 holdings as of 01/31/15
| Empire District Electric The | 1.11% |
|
|---|---|---|
| Pnm Resources | 1.04% |
|
| Summit Hotel Properties | 1.04% |
|
| Partnerre Holdings | 0.94% |
|
| Reinsurance Group Of America | 0.93% |
|
| Allied World Assurance Holdings Ag | 0.89% |
|
| Southwest Gas Corp | 0.86% |
|
| Qlogic Corp | 0.78% |
|
| Hanover Insurance Group The | 0.75% |
|
| Spartannash | 0.72% |
|
| Top 10 holdings, total: | 9.06% |
|
Equity Holdings as of 12/31/14
| EMPIRE DISTRICT ELECTRIC CO | 1.02% |
|---|---|
| SUMMIT HOTEL PROPERTIES INC | 1.00% |
| REINSURANCE GROUP OF AMERICA | 0.97% |
| PNM RESOURCES INC | 0.95% |
| PARTNERRE LTD | 0.94% |
| ALLIED WORLD ASSURANCE CO | 0.86% |
| SOUTHWEST GAS CORP | 0.86% |
| AEGEAN MARINE PETROLEUM NETW | 0.85% |
| GOODYEAR TIRE & RUBBER CO | 0.81% |
| HANOVER INSURANCE GROUP INC/ | 0.77% |
| INSTALLED BUILDING PRODUCTS | 0.76% |
| QLOGIC CORP | 0.76% |
| DELUXE CORP | 0.74% |
| OLD NATIONAL BANCORP | 0.73% |
| SERVISFIRST BANCSHARES INC | 0.73% |
| FULTON FINANCIAL CORP | 0.72% |
| SPARTANNASH CO | 0.72% |
| VALIDUS HOLDINGS LTD | 0.72% |
| FIRST MERCHANTS CORP | 0.71% |
| ISTAR FINANCIAL INC | 0.71% |
| PROVIDENT FINANCIAL SERVICES | 0.71% |
| TCP CAPITAL CORP | 0.71% |
| AMERICAN FINANCIAL GROUP INC | 0.70% |
| CARRIAGE SERVICES INC | 0.70% |
| OFFICE DEPOT INC | 0.70% |
| SYNNEX CORP | 0.70% |
| CHEMICAL FINANCIAL CORP | 0.69% |
| MARRIOTT VACATIONS WORLD | 0.69% |
| ENCORE CAPITAL GROUP INC | 0.68% |
| FORMFACTOR INC | 0.68% |
| STERLING BANCORP/DE | 0.68% |
| AMERIS BANCORP | 0.67% |
| KNOLL INC | 0.67% |
| MAIDEN HOLDINGS LTD | 0.67% |
| SPANSION INC-CLASS A | 0.67% |
| GLOBAL CASH ACCESS HOLDINGS | 0.66% |
| TRIPLEPOINT VENTURE GROWTH B | 0.66% |
| EMERGENT BIOSOLUTIONS INC | 0.65% |
| HERCULES TECH GROWTH | 0.65% |
| J2 GLOBAL INC | 0.65% |
| LIVE NATION ENTERTAINMENT IN | 0.65% |
| PACIFIC PREMIER BANCORP INC | 0.65% |
| RYDER SYSTEM INC | 0.65% |
| WINTRUST FINANCIAL CORP | 0.65% |
| AMERICAN CAPITAL LTD | 0.64% |
| IRIDIUM COMMUNICATIONS INC | 0.64% |
| ALERE INC | 0.63% |
| HILLENBRAND INC | 0.63% |
| PORTLAND GENERAL ELECTRIC CO | 0.63% |
| XCERRA CORP | 0.63% |
| IDACORP INC | 0.62% |
| INVESTORS BANCORP INC | 0.62% |
| PARK-OHIO HOLDINGS CORP | 0.62% |
| PRA GROUP INC | 0.62% |
| STANCORP FINANCIAL GROUP | 0.62% |
| N B T BANCORP INC | 0.61% |
| SOLAR CAPITAL LTD | 0.61% |
| CONVERGYS CORP | 0.60% |
| POLYCOM INC | 0.60% |
| RAIT FINANCIAL TRUST | 0.60% |
| DYNEGY INC | 0.59% |
| HANMI FINANCIAL CORPORATION | 0.59% |
| MENTOR GRAPHICS CORP | 0.59% |
| SCORPIO TANKERS INC | 0.59% |
| CENTURY ALUMINUM COMPANY | 0.58% |
| LOGITECH INTERNATIONAL-REG | 0.58% |
| COLONY FINANCIAL INC | 0.57% |
| MATTSON TECHNOLOGY INC | 0.57% |
| POPULAR INC | 0.57% |
| QUALITY DISTRIBUTION INC | 0.57% |
| TPG SPECIALTY LENDING INC | 0.57% |
| COWEN GROUP INC-CLASS A | 0.56% |
| DATALINK CORP | 0.56% |
| ENGILITY HOLDINGS INC | 0.56% |
| LAKELAND FINANCIAL CORP | 0.56% |
| PERFICIENT INC | 0.56% |
| STONERIDGE INC | 0.56% |
| ENSIGN GROUP INC/THE | 0.55% |
| NEWPORT CORP | 0.55% |
| REMY INTERNATIONAL INC | 0.55% |
| RUSH ENTERPRISES INC-CL A | 0.55% |
| OM GROUP INC | 0.53% |
| COMFORT SYSTEMS USA INC | 0.52% |
| INNOPHOS HOLDINGS INC | 0.52% |
| PGT INC | 0.52% |
| KFORCE INC | 0.51% |
| MDC PARTNERS INC-A | 0.51% |
| WESBANCO INC | 0.51% |
| AMERICAN ASSETS TRUST INC | 0.50% |
| ARC DOCUMENT SOLUTIONS INC | 0.50% |
| AVG TECHNOLOGIES | 0.50% |
| AVISTA CORP | 0.50% |
| EPR PROPERTIES | 0.50% |
| GLOBE SPECIALTY METALS INC | 0.50% |
| SMITH & WESSON HOLDING CORP | 0.50% |
| SUCAMPO PHARMACEUTICALS-CL A | 0.50% |
| TWO HARBORS INVESTMENT CORP | 0.50% |
| AG MORTGAGE INVESTMENT TRUST | 0.49% |
| CHERRY HILL MORTGAGE INVESTM | 0.49% |
| CORE-MARK HOLDING CO INC | 0.49% |
| EMCOR GROUP INC | 0.49% |
| MODINE MANUFACTURING CO | 0.49% |
| TALMER BANCORP INC -CL A | 0.49% |
| EAGLE BANCORP INC | 0.48% |
| ENDURANCE SPECIALTY HOLDINGS | 0.48% |
| ENERGEN CORP | 0.48% |
| PITNEY BOWES INC | 0.48% |
| PROVIDENCE SERVICE CORP | 0.48% |
| BERRY PLASTICS GROUP INC | 0.47% |
| META FINANCIAL GROUP INC | 0.47% |
| MFA FINANCIAL INC | 0.47% |
| ORION ENGINEERED CARBONS SA | 0.47% |
| AMERISAFE INC | 0.46% |
| BOFI HOLDING INC | 0.46% |
| FIRST NBC BANK HOLDING CO | 0.46% |
| RPM INTERNATIONAL INC | 0.46% |
| SOUTHSIDE BANCSHARES INC | 0.46% |
| TRISTATE CAPITAL HLDGS INC | 0.46% |
| UNITED FINANCIAL BANCORP INC | 0.46% |
| CABOT CORP | 0.45% |
| HUNTINGTON INGALLS INDUSTRIE | 0.45% |
| NATIONAL GENERAL HLDGS | 0.45% |
| TIVO INC | 0.45% |
| ORION MARINE GROUP INC | 0.44% |
| PDL BIOPHARMA INC | 0.44% |
| STATE BANK FINANCIAL CORP | 0.44% |
| CVB FINANCIAL CORP | 0.43% |
| LSB INDUSTRIES INC | 0.43% |
| AK STEEL HOLDING CORP | 0.42% |
| CAESARSTONE SDOT-YAM LTD | 0.42% |
| NMI HOLDINGS INC-CLASS A | 0.42% |
| PERFORMANT FINANCIAL CORP | 0.42% |
| OSHKOSH CORP | 0.41% |
| RE/MAX HOLDINGS INC-CL A | 0.41% |
| STOCK BUILDING SUPPLY HOLDIN | 0.40% |
| EDUCATION REALTY TRUST INC | 0.39% |
| HEIDRICK & STRUGGLES INTL | 0.39% |
| INTRAWEST RESORTS HOLDINGS I | 0.39% |
| WEB.COM GROUP INC | 0.39% |
| WESTERN ALLIANCE BANCORP | 0.39% |
| ALLIANCE FIBER OPTIC PRODUCT | 0.38% |
| BANC OF CALIFORNIA INC | 0.38% |
| MEDICINES COMPANY | 0.38% |
| MINERALS TECHNOLOGIES INC | 0.38% |
| WINNEBAGO INDUSTRIES | 0.38% |
| POZEN INC | 0.37% |
| ADVANCED ENERGY INDUSTRIES | 0.36% |
| CONTINENTAL BUILDING PRODUCT | 0.36% |
| NAVISTAR INTERNATIONAL CORP | 0.35% |
| WEIGHT WATCHERS INTL INC | 0.35% |
| GERMAN AMERICAN BANCORP | 0.34% |
| MADISON SQUARE GARDEN CO-A | 0.34% |
| ONE LIBERTY PROPERTIES INC | 0.34% |
| SANDERSON FARMS INC | 0.33% |
| EP ENERGY CORP-CL A | 0.32% |
| PERICOM SEMICONDUCTOR CORP | 0.32% |
| PIEDMONT OFFICE REALTY TRU-A | 0.32% |
| TITAN MACHINERY INC | 0.32% |
| ASCENA RETAIL GROUP INC | 0.30% |
| SM ENERGY CO | 0.30% |
| ENNIS INC | 0.29% |
| HEALTHCARE TRUST OF AME-CL A | 0.29% |
| ON ASSIGNMENT INC | 0.29% |
| EXPRESS INC | 0.28% |
| FIRST OF LONG ISLAND CORP | 0.28% |
| GULFPORT ENERGY CORP | 0.28% |
| FIRST CONNECTICUT BANCORP | 0.25% |
| STONE ENERGY CORP | 0.25% |
| CALLON PETROLEUM CO | 0.24% |
| ZAIS FINANCIAL CORP | 0.24% |
| HORNBECK OFFSHORE SERVICES | 0.23% |
| QTS REALTY TRUST INC-CL A | 0.23% |
| NATIONAL BANK HOLD-CL A | 0.22% |
| TIDEWATER INC | 0.22% |
| UCP INC - CL A | 0.21% |
| BILL BARRETT CORP | 0.20% |
| WHITING PETROLEUM CORP | 0.20% |
| GAIN CAPITAL HOLDINGS INC | 0.19% |
| PHOTRONICS INC | 0.15% |
| SILVERCREST ASSET MANAGEME-A | 0.15% |
| WALKER & DUNLOP INC | 0.15% |
| MIDSTATES PETROLEUM CO INC | 0.08% |
| BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% |
Full Portfolio Holdings as of 12/31/14
| EMPIRE DISTRICT ELECTRIC CO | 1.02% |
|---|---|
| SUMMIT HOTEL PROPERTIES INC | 1.00% |
| REINSURANCE GROUP OF AMERICA | 0.97% |
| PNM RESOURCES INC | 0.95% |
| PARTNERRE LTD | 0.94% |
| ALLIED WORLD ASSURANCE CO | 0.86% |
| SOUTHWEST GAS CORP | 0.86% |
| AEGEAN MARINE PETROLEUM NETW | 0.85% |
| GOODYEAR TIRE & RUBBER CO | 0.81% |
| HANOVER INSURANCE GROUP INC/ | 0.77% |
| INSTALLED BUILDING PRODUCTS | 0.76% |
| QLOGIC CORP | 0.76% |
| DELUXE CORP | 0.74% |
| OLD NATIONAL BANCORP | 0.73% |
| SERVISFIRST BANCSHARES INC | 0.73% |
| FULTON FINANCIAL CORP | 0.72% |
| SPARTANNASH CO | 0.72% |
| VALIDUS HOLDINGS LTD | 0.72% |
| FIRST MERCHANTS CORP | 0.71% |
| ISTAR FINANCIAL INC | 0.71% |
| PROVIDENT FINANCIAL SERVICES | 0.71% |
| TCP CAPITAL CORP | 0.71% |
| AMERICAN FINANCIAL GROUP INC | 0.70% |
| CARRIAGE SERVICES INC | 0.70% |
| OFFICE DEPOT INC | 0.70% |
| SYNNEX CORP | 0.70% |
| CHEMICAL FINANCIAL CORP | 0.69% |
| MARRIOTT VACATIONS WORLD | 0.69% |
| ENCORE CAPITAL GROUP INC | 0.68% |
| FORMFACTOR INC | 0.68% |
| STERLING BANCORP/DE | 0.68% |
| AMERIS BANCORP | 0.67% |
| KNOLL INC | 0.67% |
| MAIDEN HOLDINGS LTD | 0.67% |
| SPANSION INC-CLASS A | 0.67% |
| GLOBAL CASH ACCESS HOLDINGS | 0.66% |
| TRIPLEPOINT VENTURE GROWTH B | 0.66% |
| EMERGENT BIOSOLUTIONS INC | 0.65% |
| HERCULES TECH GROWTH | 0.65% |
| J2 GLOBAL INC | 0.65% |
| LIVE NATION ENTERTAINMENT IN | 0.65% |
| PACIFIC PREMIER BANCORP INC | 0.65% |
| RYDER SYSTEM INC | 0.65% |
| WINTRUST FINANCIAL CORP | 0.65% |
| AMERICAN CAPITAL LTD | 0.64% |
| IRIDIUM COMMUNICATIONS INC | 0.64% |
| ALERE INC | 0.63% |
| HILLENBRAND INC | 0.63% |
| PORTLAND GENERAL ELECTRIC CO | 0.63% |
| XCERRA CORP | 0.63% |
| IDACORP INC | 0.62% |
| INVESTORS BANCORP INC | 0.62% |
| PARK-OHIO HOLDINGS CORP | 0.62% |
| PRA GROUP INC | 0.62% |
| STANCORP FINANCIAL GROUP | 0.62% |
| N B T BANCORP INC | 0.61% |
| SOLAR CAPITAL LTD | 0.61% |
| CONVERGYS CORP | 0.60% |
| POLYCOM INC | 0.60% |
| RAIT FINANCIAL TRUST | 0.60% |
| DYNEGY INC | 0.59% |
| HANMI FINANCIAL CORPORATION | 0.59% |
| MENTOR GRAPHICS CORP | 0.59% |
| SCORPIO TANKERS INC | 0.59% |
| CENTURY ALUMINUM COMPANY | 0.58% |
| LOGITECH INTERNATIONAL-REG | 0.58% |
| COLONY FINANCIAL INC | 0.57% |
| MATTSON TECHNOLOGY INC | 0.57% |
| POPULAR INC | 0.57% |
| QUALITY DISTRIBUTION INC | 0.57% |
| TPG SPECIALTY LENDING INC | 0.57% |
| COWEN GROUP INC-CLASS A | 0.56% |
| DATALINK CORP | 0.56% |
| ENGILITY HOLDINGS INC | 0.56% |
| LAKELAND FINANCIAL CORP | 0.56% |
| PERFICIENT INC | 0.56% |
| STONERIDGE INC | 0.56% |
| ENSIGN GROUP INC/THE | 0.55% |
| NEWPORT CORP | 0.55% |
| REMY INTERNATIONAL INC | 0.55% |
| RUSH ENTERPRISES INC-CL A | 0.55% |
| OM GROUP INC | 0.53% |
| COMFORT SYSTEMS USA INC | 0.52% |
| INNOPHOS HOLDINGS INC | 0.52% |
| PGT INC | 0.52% |
| KFORCE INC | 0.51% |
| MDC PARTNERS INC-A | 0.51% |
| WESBANCO INC | 0.51% |
| AMERICAN ASSETS TRUST INC | 0.50% |
| ARC DOCUMENT SOLUTIONS INC | 0.50% |
| AVG TECHNOLOGIES | 0.50% |
| AVISTA CORP | 0.50% |
| EPR PROPERTIES | 0.50% |
| GLOBE SPECIALTY METALS INC | 0.50% |
| SMITH & WESSON HOLDING CORP | 0.50% |
| SUCAMPO PHARMACEUTICALS-CL A | 0.50% |
| TWO HARBORS INVESTMENT CORP | 0.50% |
| AG MORTGAGE INVESTMENT TRUST | 0.49% |
| CHERRY HILL MORTGAGE INVESTM | 0.49% |
| CORE-MARK HOLDING CO INC | 0.49% |
| EMCOR GROUP INC | 0.49% |
| MODINE MANUFACTURING CO | 0.49% |
| TALMER BANCORP INC -CL A | 0.49% |
| EAGLE BANCORP INC | 0.48% |
| ENDURANCE SPECIALTY HOLDINGS | 0.48% |
| ENERGEN CORP | 0.48% |
| PITNEY BOWES INC | 0.48% |
| PROVIDENCE SERVICE CORP | 0.48% |
| BERRY PLASTICS GROUP INC | 0.47% |
| META FINANCIAL GROUP INC | 0.47% |
| MFA FINANCIAL INC | 0.47% |
| ORION ENGINEERED CARBONS SA | 0.47% |
| AMERISAFE INC | 0.46% |
| BOFI HOLDING INC | 0.46% |
| FIRST NBC BANK HOLDING CO | 0.46% |
| RPM INTERNATIONAL INC | 0.46% |
| SOUTHSIDE BANCSHARES INC | 0.46% |
| TRISTATE CAPITAL HLDGS INC | 0.46% |
| UNITED FINANCIAL BANCORP INC | 0.46% |
| CABOT CORP | 0.45% |
| HUNTINGTON INGALLS INDUSTRIE | 0.45% |
| NATIONAL GENERAL HLDGS | 0.45% |
| TIVO INC | 0.45% |
| ORION MARINE GROUP INC | 0.44% |
| PDL BIOPHARMA INC | 0.44% |
| STATE BANK FINANCIAL CORP | 0.44% |
| CVB FINANCIAL CORP | 0.43% |
| LSB INDUSTRIES INC | 0.43% |
| AK STEEL HOLDING CORP | 0.42% |
| CAESARSTONE SDOT-YAM LTD | 0.42% |
| NMI HOLDINGS INC-CLASS A | 0.42% |
| PERFORMANT FINANCIAL CORP | 0.42% |
| OSHKOSH CORP | 0.41% |
| RE/MAX HOLDINGS INC-CL A | 0.41% |
| STOCK BUILDING SUPPLY HOLDIN | 0.40% |
| EDUCATION REALTY TRUST INC | 0.39% |
| HEIDRICK & STRUGGLES INTL | 0.39% |
| INTRAWEST RESORTS HOLDINGS I | 0.39% |
| WEB.COM GROUP INC | 0.39% |
| WESTERN ALLIANCE BANCORP | 0.39% |
| ALLIANCE FIBER OPTIC PRODUCT | 0.38% |
| BANC OF CALIFORNIA INC | 0.38% |
| MEDICINES COMPANY | 0.38% |
| MINERALS TECHNOLOGIES INC | 0.38% |
| WINNEBAGO INDUSTRIES | 0.38% |
| POZEN INC | 0.37% |
| ADVANCED ENERGY INDUSTRIES | 0.36% |
| CONTINENTAL BUILDING PRODUCT | 0.36% |
| NAVISTAR INTERNATIONAL CORP | 0.35% |
| WEIGHT WATCHERS INTL INC | 0.35% |
| GERMAN AMERICAN BANCORP | 0.34% |
| MADISON SQUARE GARDEN CO-A | 0.34% |
| ONE LIBERTY PROPERTIES INC | 0.34% |
| SANDERSON FARMS INC | 0.33% |
| EP ENERGY CORP-CL A | 0.32% |
| PERICOM SEMICONDUCTOR CORP | 0.32% |
| PIEDMONT OFFICE REALTY TRU-A | 0.32% |
| TITAN MACHINERY INC | 0.32% |
| ASCENA RETAIL GROUP INC | 0.30% |
| SM ENERGY CO | 0.30% |
| ENNIS INC | 0.29% |
| HEALTHCARE TRUST OF AME-CL A | 0.29% |
| ON ASSIGNMENT INC | 0.29% |
| EXPRESS INC | 0.28% |
| FIRST OF LONG ISLAND CORP | 0.28% |
| GULFPORT ENERGY CORP | 0.28% |
| FIRST CONNECTICUT BANCORP | 0.25% |
| STONE ENERGY CORP | 0.25% |
| CALLON PETROLEUM CO | 0.24% |
| ZAIS FINANCIAL CORP | 0.24% |
| HORNBECK OFFSHORE SERVICES | 0.23% |
| QTS REALTY TRUST INC-CL A | 0.23% |
| NATIONAL BANK HOLD-CL A | 0.22% |
| TIDEWATER INC | 0.22% |
| UCP INC - CL A | 0.21% |
| BILL BARRETT CORP | 0.20% |
| WHITING PETROLEUM CORP | 0.20% |
| GAIN CAPITAL HOLDINGS INC | 0.19% |
| PHOTRONICS INC | 0.15% |
| SILVERCREST ASSET MANAGEME-A | 0.15% |
| WALKER & DUNLOP INC | 0.15% |
| MIDSTATES PETROLEUM CO INC | 0.08% |
| BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% |
Prior top 10 holdings
| Top 10 holdings as of 01/31/15 | |
|---|---|
| 1: Empire District Electric The | 1.11% |
| 2: Pnm Resources | 1.04% |
| 3: Summit Hotel Properties | 1.04% |
| 4: Partnerre Holdings | 0.94% |
| 5: Reinsurance Group Of America | 0.93% |
| 6: Allied World Assurance Holdings Ag | 0.89% |
| 7: Southwest Gas Corp | 0.86% |
| 8: Qlogic Corp | 0.78% |
| 9: Hanover Insurance Group The | 0.75% |
| 10: Spartannash | 0.72% |
| Holdings represent 9.06% of portfolio | |
| Top 10 holdings as of 12/31/14 | |
|---|---|
| 1: Empire District Electric The | 1.02% |
| 2: Summit Hotel Properties | 1.00% |
| 3: Reinsurance Group Of America | 0.97% |
| 4: Pnm Resources | 0.95% |
| 5: Partnerre Holdings | 0.94% |
| 6: Allied World Assurance Holdings Ag | 0.86% |
| 7: Southwest Gas Corp | 0.86% |
| 8: Aegean Marine Petroleum Network | 0.85% |
| 9: Goodyear Tire Rubber The | 0.81% |
| 10: Hanover Insurance Group The | 0.77% |
| Holdings represent 9.03% of portfolio | |
| Top 10 holdings as of 11/30/14 | |
|---|---|
| 1: Empire District Electric The | 1.15% |
| 2: Pnm Resources | 1.06% |
| 3: Partnerre Holdings | 0.97% |
| 4: Reinsurance Group Of America | 0.97% |
| 5: Summit Hotel Properties | 0.94% |
| 6: Allied World Assurance Holdings Ag | 0.87% |
| 7: Southwest Gas Corp | 0.82% |
| 8: Goodyear Tire Rubber The | 0.79% |
| 9: Hanover Insurance Group The | 0.79% |
| 10: Century Aluminum | 0.78% |
| Holdings represent 9.14% of portfolio | |
| Top 10 holdings as of 10/31/14 | |
|---|---|
| 1: Empire District Electric The | 1.15% |
| 2: Pnm Resources | 1.03% |
| 3: Partnerre Holdings | 0.94% |
| 4: Reinsurance Group Of America | 0.93% |
| 5: Summit Hotel Properties | 0.92% |
| 6: Allied World Assurance Holdings Ag | 0.86% |
| 7: Century Aluminum | 0.80% |
| 8: Southwest Gas Corp | 0.80% |
| 9: Rait Financial Trust | 0.77% |
| 10: Hercules Technology Growth Capital | 0.75% |
| Holdings represent 8.95% of portfolio | |
Portfolio Composition as of 01/31/15
| Common stock | 92.30% |
|
|---|---|---|
| Cash and net other assets | 7.70% |
|
Portfolio allocations will vary over time. The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.
The fund invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.Although value investing targets stocks believed to be priced too low, there is no guarantee they will appreciate.
You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.
Sales Charges/Fees
| Breakpoint | Sales Charge | Dealer Allowance | CDSC Liab |
|---|---|---|---|
| $0 - $0 | 0.00% | 0.00% | N |
The fund invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.Although value investing targets stocks believed to be priced too low, there is no guarantee they will appreciate.
You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.
‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.