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 09/28/16
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $32.020453 | $31.219743 |
| Unit Value Change | 0.302903 | 0.295201 |
‡ Lipper Ranking as of 08/31/16
Category: Small-Cap Value Funds
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 91% | 37/40 |
| 1 yr. | 73% | 42/57 |
| 3 yrs. | 76% | 42/55 |
| 5 yrs. | 46% | 25/54 |
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 06/30/16
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 3.03% | 1.42% | -6.98% | 4.67% | 6.77% | 2.58% | 6.84% |
| Standardized | -4.97% | -6.58% | -14.42% | 2.18% | 5.83% | 2.58% | 6.84% |
| With optional enhanced death benefit | |||||||
| Unit Value | 2.99% | 1.34% | -7.12% | 4.51% | 6.61% | 2.43% | 6.68% |
| Standardized | -5.01% | -6.66% | -14.55% | 2.01% | 5.67% | 2.43% | 6.68% |
| Actual performance | |||||||
| Unit Value | 3.03% | 1.42% | -6.98% | 4.67% | 6.77% | 2.58% | 6.82% |
| Standardized | -4.97% | -6.58% | -14.42% | 2.18% | 5.83% | 2.58% | 6.82% |
| With optional enhanced death benefit | |||||||
| Unit Value | 2.99% | 1.34% | -7.12% | 4.51% | 6.61% | 2.43% | 6.66% |
| Standardized | -5.01% | -6.66% | -14.55% | 2.01% | 5.67% | 2.43% | 6.66% |
| Cumulative Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 3.03% | 1.42% | -6.98% | 14.69% | 38.78% | 29.06% | 211.44% |
| Standardized | -4.97% | -6.58% | -14.42% | 6.69% | 32.78% | 29.06% | 211.44% |
| With optional enhanced death benefit | |||||||
| Unit Value | 2.99% | 1.34% | -7.12% | 14.16% | 37.73% | 27.11% | 203.39% |
| Standardized | -5.01% | -6.66% | -14.55% | 6.16% | 31.73% | 27.11% | 203.39% |
| Actual performance | |||||||
| Unit Value | 3.03% | 1.42% | -6.98% | 14.69% | 38.78% | 29.06% | 193.84% |
| Standardized | -4.97% | -6.58% | -14.42% | 6.69% | 32.78% | 29.06% | 193.84% |
| With optional enhanced death benefit | |||||||
| Unit Value | 2.99% | 1.34% | -7.12% | 14.16% | 37.73% | 27.11% | 186.61% |
| Standardized | -5.01% | -6.66% | -14.55% | 6.16% | 31.73% | 27.11% | 186.61% |
Annual Performance at NAV
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 15.42% | -14.12% | -40.33% | 29.43% | 23.97% | -6.25% | 15.60% | 37.38% | 1.78% | -5.77% |
| With optional enhanced death benefit | |||||||||
| 15.25% | -14.26% | -40.42% | 29.23% | 23.78% | -6.39% | 15.43% | 37.17% | 1.62% | -5.92% |
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 08/31/16
| Idacorp | 0.96% |
|
|---|---|---|
| Energen Corp | 0.94% |
|
| Convergys Corp | 0.93% |
|
| Summit Hotel Properties | 0.92% |
|
| Avista Corp | 0.90% |
|
| Validus Holdings | 0.86% |
|
| Tower Semiconductor | 0.86% |
|
| Orbotech | 0.86% |
|
| Rayonier | 0.85% |
|
| Gtt Communications | 0.83% |
|
| Top 10 holdings, total: | 8.91% |
|
Equity Holdings as of 06/30/16
| IDACORP INC | 1.08% |
|---|---|
| AVISTA CORP | 1.06% |
| SOUTHWEST GAS CORP | 0.92% |
| SUMMIT HOTEL PROPERTIES INC | 0.90% |
| EPR PROPERTIES | 0.89% |
| FLAGSTAR BANCORP INC | 0.87% |
| VALIDUS HOLDINGS LTD | 0.87% |
| RAYONIER INC | 0.86% |
| ENERGEN CORP | 0.84% |
| ALLETE INC | 0.83% |
| CONVERGYS CORP | 0.83% |
| FORMFACTOR INC | 0.82% |
| HANOVER INSURANCE GROUP INC/ | 0.82% |
| PNM RESOURCES INC | 0.82% |
| ORBOTECH LTD | 0.81% |
| AMERISAFE INC | 0.80% |
| WASHINGTON FEDERAL INC | 0.79% |
| WINTRUST FINANCIAL CORP | 0.79% |
| FIRST MERCHANTS CORP | 0.78% |
| GTT COMMUNICATIONS INC | 0.77% |
| PACIFIC PREMIER BANCORP INC | 0.77% |
| AMERICAN ASSETS TRUST INC | 0.75% |
| CHEMICAL FINANCIAL CORP | 0.75% |
| FIRST FINANCIAL BANCORP | 0.75% |
| STONERIDGE INC | 0.75% |
| EVERYDAY HEALTH INC | 0.74% |
| REINSURANCE GROUP OF AMERICA | 0.74% |
| DYCOM INDUSTRIES INC | 0.73% |
| HANMI FINANCIAL CORPORATION | 0.73% |
| PORTLAND GENERAL ELECTRIC CO | 0.73% |
| SANMINA-SCI CORP | 0.73% |
| SOUTHSIDE BANCSHARES INC | 0.73% |
| TESSERA TECHNOLOGIES INC | 0.73% |
| ENDURANCE SPECIALTY HOLDINGS | 0.72% |
| GOODYEAR TIRE & RUBBER CO | 0.72% |
| MENTOR GRAPHICS CORP | 0.72% |
| TOWER SEMICONDUCTOR LTD | 0.72% |
| TRISTATE CAPITAL HLDGS INC | 0.72% |
| PATTERSON-UTI ENERGY INC | 0.71% |
| SKYWEST INC | 0.71% |
| SOLAR CAPITAL LTD | 0.70% |
| ENSIGN GROUP INC/THE | 0.69% |
| EQUITY COMMONWEALTH | 0.68% |
| LANNETT CO INC | 0.68% |
| META FINANCIAL GROUP INC | 0.68% |
| OLD NATIONAL BANCORP | 0.68% |
| RE/MAX HOLDINGS INC-CL A | 0.68% |
| WEB.COM GROUP INC | 0.68% |
| ADVANCED ENERGY INDUSTRIES | 0.67% |
| FIRST BUSEY CORP | 0.67% |
| EMPLOYERS HOLDINGS INC | 0.66% |
| TANGER FACTORY OUTLET CENTER | 0.66% |
| PERFICIENT INC | 0.65% |
| PROVIDENT FINANCIAL SERVICES | 0.65% |
| CENTURY COMMUNITIES INC | 0.64% |
| DELUXE CORP | 0.64% |
| HOMESTREET INC | 0.64% |
| J2 GLOBAL INC | 0.64% |
| MASTEC INC | 0.64% |
| WASHINGTON TRUST BANCORP | 0.64% |
| AMERICAN FINANCIAL GROUP INC | 0.63% |
| AMN HEALTHCARE SERVICES INC | 0.63% |
| FULTON FINANCIAL CORP | 0.63% |
| SPARTANNASH CO | 0.63% |
| AMERICAN VANGUARD CORP | 0.62% |
| INDEPENDENT BANK GROUP INC | 0.62% |
| INTEGRATED DEVICE TECH INC | 0.62% |
| WALKER & DUNLOP INC | 0.62% |
| BMC STOCK HOLDINGS INC | 0.61% |
| GREAT WESTERN BANCORP INC | 0.61% |
| HERCULES CAPITAL INC | 0.61% |
| APARTMENT INVT & MGMT CO -A | 0.60% |
| CALLON PETROLEUM CO | 0.60% |
| ENCORE CAPITAL GROUP INC | 0.60% |
| MDC PARTNERS INC-A | 0.60% |
| ORION ENGINEERED CARBONS SA | 0.60% |
| SAIA INC | 0.60% |
| EDUCATION REALTY TRUST INC | 0.59% |
| FRANKLIN FINANCIAL NETWORK | 0.59% |
| IBERIABANK CORP | 0.59% |
| ISTAR INC | 0.59% |
| NATIONAL GENERAL HLDGS | 0.59% |
| CLUBCORP HOLDINGS INC | 0.58% |
| INTELIQUENT INC | 0.58% |
| LAKELAND FINANCIAL CORP | 0.58% |
| PARAMOUNT GROUP INC | 0.58% |
| PLY GEM HOLDINGS INC | 0.58% |
| TRIPLEPOINT VENTURE GROWTH B | 0.58% |
| BANC OF CALIFORNIA INC | 0.57% |
| GENERAL CABLE CORP | 0.57% |
| MATRIX SERVICE CO | 0.57% |
| SUPER MICRO COMPUTER INC | 0.57% |
| INNOPHOS HOLDINGS INC | 0.56% |
| OM ASSET MANAGEMENT PLC | 0.56% |
| CONTINENTAL BUILDING PRODUCT | 0.55% |
| HEALTHCARE TRUST OF AME-CL A | 0.55% |
| KRATON PERFORMANCE POLYMERS | 0.54% |
| TICC CAPITAL CORP | 0.54% |
| VECTRUS INC | 0.54% |
| LTC PROPERTIES INC | 0.53% |
| MAIDEN HOLDINGS LTD | 0.53% |
| NORTHSTAR REALTY FINANCE | 0.53% |
| WESTERN ALLIANCE BANCORP | 0.53% |
| WSFS FINANCIAL CORP | 0.53% |
| ACCO BRANDS CORP | 0.52% |
| BRIGGS & STRATTON | 0.52% |
| MARRIOTT VACATIONS WORLD | 0.52% |
| DEL TACO RESTAURANTS INC | 0.51% |
| EDGEWELL PERSONAL CARE CO | 0.51% |
| LOGITECH INTERNATIONAL-REG | 0.51% |
| STERLING BANCORP/DE | 0.51% |
| ENNIS INC | 0.50% |
| LIVE NATION ENTERTAINMENT IN | 0.50% |
| MARTEN TRANSPORT LTD | 0.50% |
| QUANTA SERVICES INC | 0.50% |
| GRANITE CONSTRUCTION INC | 0.49% |
| AEGEAN MARINE PETROLEUM NETW | 0.48% |
| EAGLE PHARMACEUTICALS INC | 0.48% |
| GREIF INC -CL A | 0.48% |
| NCI BUILDING SYSTEMS INC | 0.48% |
| BLOOMIN' BRANDS INC | 0.47% |
| COTT CORPORATION | 0.47% |
| MADISON SQUARE GARDEN CO- A | 0.47% |
| PARK-OHIO HOLDINGS CORP | 0.47% |
| TCP CAPITAL CORP | 0.47% |
| FERRO CORP | 0.46% |
| KADANT INC | 0.46% |
| SERVISFIRST BANCSHARES INC | 0.46% |
| ENPRO INDUSTRIES INC | 0.45% |
| PBF ENERGY INC-CLASS A | 0.45% |
| POPULAR INC | 0.45% |
| SCORPIO TANKERS INC | 0.45% |
| LSB INDUSTRIES INC | 0.44% |
| NMI HOLDINGS INC-CLASS A | 0.44% |
| COLONY CAPITAL INC - A | 0.43% |
| DYNEGY INC | 0.43% |
| FERROGLOBE PLC | 0.43% |
| FIRST CONNECTICUT BANCORP | 0.42% |
| GULFPORT ENERGY CORP | 0.42% |
| BOFI HOLDING INC | 0.41% |
| MINERALS TECHNOLOGIES INC | 0.39% |
| ATLAS AIR WORLDWIDE HOLDINGS | 0.38% |
| EL PASO ELECTRIC CO | 0.37% |
| NOMAD FOODS LTD | 0.37% |
| WCI COMMUNITIES INC | 0.37% |
| UNITIL CORP | 0.36% |
| CBL & ASSOCIATES PROPERTIES | 0.35% |
| ALLIED WORLD ASSURANCE CO | 0.34% |
| RING ENERGY INC | 0.34% |
| TAHOE RESOURCES INC | 0.34% |
| ACACIA COMMUNICATIONS INC | 0.32% |
| CORE LABORATORIES N.V. | 0.32% |
| EMERGENT BIOSOLUTIONS INC | 0.30% |
| CHERRY HILL MORTGAGE INVESTM | 0.29% |
| MEMORIAL RESOURCE DEVELOPMEN | 0.29% |
| ORION GROUP HOLDINGS INC | 0.29% |
| FTD COS INC | 0.27% |
| HEIDRICK & STRUGGLES INTL | 0.26% |
| VISTA OUTDOOR INC | 0.26% |
| INDEPENDENCE CONTRACT DRILLI | 0.25% |
| SILVER STANDARD RESOURCES | 0.23% |
| VWR CORP | 0.22% |
| DENBURY RESOURCES INC | 0.21% |
| ABERCROMBIE & FITCH CO-CL A | 0.20% |
| TRUEBLUE INC | 0.18% |
| ARCHROCK INC | 0.17% |
| EVERI HOLDINGS INC | 0.11% |
| ARALEZ PHARMACEUTICALS INC | 0.07% |
| BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% |
Full Portfolio Holdings as of 06/30/16
| IDACORP INC | 1.08% |
|---|---|
| AVISTA CORP | 1.06% |
| SOUTHWEST GAS CORP | 0.92% |
| SUMMIT HOTEL PROPERTIES INC | 0.90% |
| EPR PROPERTIES | 0.89% |
| FLAGSTAR BANCORP INC | 0.87% |
| VALIDUS HOLDINGS LTD | 0.87% |
| RAYONIER INC | 0.86% |
| ENERGEN CORP | 0.84% |
| ALLETE INC | 0.83% |
| CONVERGYS CORP | 0.83% |
| FORMFACTOR INC | 0.82% |
| HANOVER INSURANCE GROUP INC/ | 0.82% |
| PNM RESOURCES INC | 0.82% |
| ORBOTECH LTD | 0.81% |
| AMERISAFE INC | 0.80% |
| WASHINGTON FEDERAL INC | 0.79% |
| WINTRUST FINANCIAL CORP | 0.79% |
| FIRST MERCHANTS CORP | 0.78% |
| GTT COMMUNICATIONS INC | 0.77% |
| PACIFIC PREMIER BANCORP INC | 0.77% |
| AMERICAN ASSETS TRUST INC | 0.75% |
| CHEMICAL FINANCIAL CORP | 0.75% |
| FIRST FINANCIAL BANCORP | 0.75% |
| STONERIDGE INC | 0.75% |
| EVERYDAY HEALTH INC | 0.74% |
| REINSURANCE GROUP OF AMERICA | 0.74% |
| DYCOM INDUSTRIES INC | 0.73% |
| HANMI FINANCIAL CORPORATION | 0.73% |
| PORTLAND GENERAL ELECTRIC CO | 0.73% |
| SANMINA-SCI CORP | 0.73% |
| SOUTHSIDE BANCSHARES INC | 0.73% |
| TESSERA TECHNOLOGIES INC | 0.73% |
| ENDURANCE SPECIALTY HOLDINGS | 0.72% |
| GOODYEAR TIRE & RUBBER CO | 0.72% |
| MENTOR GRAPHICS CORP | 0.72% |
| TOWER SEMICONDUCTOR LTD | 0.72% |
| TRISTATE CAPITAL HLDGS INC | 0.72% |
| PATTERSON-UTI ENERGY INC | 0.71% |
| SKYWEST INC | 0.71% |
| SOLAR CAPITAL LTD | 0.70% |
| ENSIGN GROUP INC/THE | 0.69% |
| EQUITY COMMONWEALTH | 0.68% |
| LANNETT CO INC | 0.68% |
| META FINANCIAL GROUP INC | 0.68% |
| OLD NATIONAL BANCORP | 0.68% |
| RE/MAX HOLDINGS INC-CL A | 0.68% |
| WEB.COM GROUP INC | 0.68% |
| ADVANCED ENERGY INDUSTRIES | 0.67% |
| FIRST BUSEY CORP | 0.67% |
| EMPLOYERS HOLDINGS INC | 0.66% |
| TANGER FACTORY OUTLET CENTER | 0.66% |
| PERFICIENT INC | 0.65% |
| PROVIDENT FINANCIAL SERVICES | 0.65% |
| CENTURY COMMUNITIES INC | 0.64% |
| DELUXE CORP | 0.64% |
| HOMESTREET INC | 0.64% |
| J2 GLOBAL INC | 0.64% |
| MASTEC INC | 0.64% |
| WASHINGTON TRUST BANCORP | 0.64% |
| AMERICAN FINANCIAL GROUP INC | 0.63% |
| AMN HEALTHCARE SERVICES INC | 0.63% |
| FULTON FINANCIAL CORP | 0.63% |
| SPARTANNASH CO | 0.63% |
| AMERICAN VANGUARD CORP | 0.62% |
| INDEPENDENT BANK GROUP INC | 0.62% |
| INTEGRATED DEVICE TECH INC | 0.62% |
| WALKER & DUNLOP INC | 0.62% |
| BMC STOCK HOLDINGS INC | 0.61% |
| GREAT WESTERN BANCORP INC | 0.61% |
| HERCULES CAPITAL INC | 0.61% |
| APARTMENT INVT & MGMT CO -A | 0.60% |
| CALLON PETROLEUM CO | 0.60% |
| ENCORE CAPITAL GROUP INC | 0.60% |
| MDC PARTNERS INC-A | 0.60% |
| ORION ENGINEERED CARBONS SA | 0.60% |
| SAIA INC | 0.60% |
| EDUCATION REALTY TRUST INC | 0.59% |
| FRANKLIN FINANCIAL NETWORK | 0.59% |
| IBERIABANK CORP | 0.59% |
| ISTAR INC | 0.59% |
| NATIONAL GENERAL HLDGS | 0.59% |
| CLUBCORP HOLDINGS INC | 0.58% |
| INTELIQUENT INC | 0.58% |
| LAKELAND FINANCIAL CORP | 0.58% |
| PARAMOUNT GROUP INC | 0.58% |
| PLY GEM HOLDINGS INC | 0.58% |
| TRIPLEPOINT VENTURE GROWTH B | 0.58% |
| BANC OF CALIFORNIA INC | 0.57% |
| GENERAL CABLE CORP | 0.57% |
| MATRIX SERVICE CO | 0.57% |
| SUPER MICRO COMPUTER INC | 0.57% |
| INNOPHOS HOLDINGS INC | 0.56% |
| OM ASSET MANAGEMENT PLC | 0.56% |
| CONTINENTAL BUILDING PRODUCT | 0.55% |
| HEALTHCARE TRUST OF AME-CL A | 0.55% |
| KRATON PERFORMANCE POLYMERS | 0.54% |
| TICC CAPITAL CORP | 0.54% |
| VECTRUS INC | 0.54% |
| LTC PROPERTIES INC | 0.53% |
| MAIDEN HOLDINGS LTD | 0.53% |
| NORTHSTAR REALTY FINANCE | 0.53% |
| WESTERN ALLIANCE BANCORP | 0.53% |
| WSFS FINANCIAL CORP | 0.53% |
| ACCO BRANDS CORP | 0.52% |
| BRIGGS & STRATTON | 0.52% |
| MARRIOTT VACATIONS WORLD | 0.52% |
| DEL TACO RESTAURANTS INC | 0.51% |
| EDGEWELL PERSONAL CARE CO | 0.51% |
| LOGITECH INTERNATIONAL-REG | 0.51% |
| STERLING BANCORP/DE | 0.51% |
| ENNIS INC | 0.50% |
| LIVE NATION ENTERTAINMENT IN | 0.50% |
| MARTEN TRANSPORT LTD | 0.50% |
| QUANTA SERVICES INC | 0.50% |
| GRANITE CONSTRUCTION INC | 0.49% |
| AEGEAN MARINE PETROLEUM NETW | 0.48% |
| EAGLE PHARMACEUTICALS INC | 0.48% |
| GREIF INC -CL A | 0.48% |
| NCI BUILDING SYSTEMS INC | 0.48% |
| BLOOMIN' BRANDS INC | 0.47% |
| COTT CORPORATION | 0.47% |
| MADISON SQUARE GARDEN CO- A | 0.47% |
| PARK-OHIO HOLDINGS CORP | 0.47% |
| TCP CAPITAL CORP | 0.47% |
| FERRO CORP | 0.46% |
| KADANT INC | 0.46% |
| SERVISFIRST BANCSHARES INC | 0.46% |
| ENPRO INDUSTRIES INC | 0.45% |
| PBF ENERGY INC-CLASS A | 0.45% |
| POPULAR INC | 0.45% |
| SCORPIO TANKERS INC | 0.45% |
| LSB INDUSTRIES INC | 0.44% |
| NMI HOLDINGS INC-CLASS A | 0.44% |
| COLONY CAPITAL INC - A | 0.43% |
| DYNEGY INC | 0.43% |
| FERROGLOBE PLC | 0.43% |
| FIRST CONNECTICUT BANCORP | 0.42% |
| GULFPORT ENERGY CORP | 0.42% |
| BOFI HOLDING INC | 0.41% |
| MINERALS TECHNOLOGIES INC | 0.39% |
| ATLAS AIR WORLDWIDE HOLDINGS | 0.38% |
| EL PASO ELECTRIC CO | 0.37% |
| NOMAD FOODS LTD | 0.37% |
| WCI COMMUNITIES INC | 0.37% |
| UNITIL CORP | 0.36% |
| CBL & ASSOCIATES PROPERTIES | 0.35% |
| ALLIED WORLD ASSURANCE CO | 0.34% |
| RING ENERGY INC | 0.34% |
| TAHOE RESOURCES INC | 0.34% |
| ACACIA COMMUNICATIONS INC | 0.32% |
| CORE LABORATORIES N.V. | 0.32% |
| EMERGENT BIOSOLUTIONS INC | 0.30% |
| CHERRY HILL MORTGAGE INVESTM | 0.29% |
| MEMORIAL RESOURCE DEVELOPMEN | 0.29% |
| ORION GROUP HOLDINGS INC | 0.29% |
| FTD COS INC | 0.27% |
| HEIDRICK & STRUGGLES INTL | 0.26% |
| VISTA OUTDOOR INC | 0.26% |
| INDEPENDENCE CONTRACT DRILLI | 0.25% |
| SILVER STANDARD RESOURCES | 0.23% |
| VWR CORP | 0.22% |
| DENBURY RESOURCES INC | 0.21% |
| ABERCROMBIE & FITCH CO-CL A | 0.20% |
| TRUEBLUE INC | 0.18% |
| ARCHROCK INC | 0.17% |
| EVERI HOLDINGS INC | 0.11% |
| ARALEZ PHARMACEUTICALS INC | 0.07% |
| BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% |
Prior top 10 holdings
| Top 10 holdings as of 08/31/16 | |
|---|---|
| 1: Idacorp | 0.96% |
| 2: Energen Corp | 0.94% |
| 3: Convergys Corp | 0.93% |
| 4: Summit Hotel Properties | 0.92% |
| 5: Avista Corp | 0.90% |
| 6: Validus Holdings | 0.86% |
| 7: Tower Semiconductor | 0.86% |
| 8: Orbotech | 0.86% |
| 9: Rayonier | 0.85% |
| 10: Gtt Communications | 0.83% |
| Holdings represent 8.91% of portfolio | |
| Top 10 holdings as of 07/31/16 | |
|---|---|
| 1: Idacorp | 1.04% |
| 2: Avista Corp | 0.99% |
| 3: Summit Hotel Properties | 0.93% |
| 4: Flagstar Bancorp | 0.91% |
| 5: Epr Properties | 0.89% |
| 6: Orbotech | 0.87% |
| 7: Southwest Gas Corp | 0.87% |
| 8: Rayonier | 0.86% |
| 9: Validus Holdings | 0.86% |
| 10: Lannett | 0.86% |
| Holdings represent 9.08% of portfolio | |
| Top 10 holdings as of 06/30/16 | |
|---|---|
| 1: Idacorp | 1.08% |
| 2: Avista Corp | 1.06% |
| 3: Southwest Gas Corp | 0.92% |
| 4: Summit Hotel Properties | 0.90% |
| 5: Epr Properties | 0.89% |
| 6: Validus Holdings | 0.87% |
| 7: Flagstar Bancorp | 0.87% |
| 8: Rayonier | 0.86% |
| 9: Energen Corp | 0.84% |
| 10: Allete | 0.83% |
| Holdings represent 9.12% of portfolio | |
| Top 10 holdings as of 05/31/16 | |
|---|---|
| 1: Avista Corp | 1.11% |
| 2: Idacorp | 1.10% |
| 3: Convergys Corp | 0.92% |
| 4: Validus Holdings | 0.86% |
| 5: Orbotech | 0.85% |
| 6: Briggs Stratton Corp | 0.85% |
| 7: Rayonier | 0.83% |
| 8: Hanover Insurance Group The | 0.82% |
| 9: Energen Corp | 0.81% |
| 10: Stoneridge | 0.80% |
| Holdings represent 8.95% of portfolio | |
Portfolio Composition as of 08/31/16
| Common stock | 97.31% |
|
|---|---|---|
| Cash and net other assets | 2.69% |
|
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.