Large Cap Fundamental Value

Characteristics
As of 06/30/2015
TOP TEN STOCKS (%)1
American International Group Inc.
5.0
Citigroup Inc.
4.5
Bank of America Corp.
4.3
JPMorgan Chase & Co.
4.1
Marathon Oil Corp.
3.2
Vodafone Group PLC
3.0
Microsoft Corp.
2.9
Oracle Corp.
2.9
Corning Inc.
2.9
Murphy Oil Corp.
2.8
0% 2% 4% 6% 8% 10%
TOP TEN INDUSTRIES (%)1
Banks
15.5
Insurance
8.8
Oil, Gas & Consumable Fuels
8.4
Machinery
7.0
Pharmaceuticals
6.2
Software
5.9
Automobiles
4.1
Health Care Providers & Services
3.2
Wireless Telecommunication Services
3.0
Media
2.9
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio Russell 1000 Value2 S&P 500
Financials 28.8 29.6 16.6
Information Technology 13.0 11.0 19.6
Consumer Discretionary 13.0 5.4 12.8
Health Care 12.2 11.8 15.4
Industrials 10.5 10.2 10.1
Energy 8.4 14.2 7.9
Utilities 5.5 5.7 2.8
Telecommunication Services 3.0 2.5 2.3
Consumer Staples 2.5 6.7 9.4
Materials 0.0 3.0 3.1
STATISTICS
  Portfolio Russell 1000 Value S&P 500
P/E Ratio (FY2) 13.0x 14.5x 15.6x
Price/Normal Earnings 10.5x 13.8x 16.3x
Price/Book 1.4x 1.8x 2.7x
Price/Sales 1.1x 1.5x 1.8x
Dividend Yield 2.4% 2.4% 2.1%
Payout Yield 5.3% 4.6% 4.5%
Weighted Average Market Capitalization (millions) $92,909 $102,503 $132,353
Median Market Capitalization (millions) $38,056 $8,187 $17,997

% of Total Portfolio
2 As of 6/30/15

Data source: Hotchkis & Wiley, Bloomberg

Information provided is based on a representative portfolio of the Large Cap Fundamental Value strategy. Sector and/or industry weights, statistics, and holdings may vary due to different restrictions, cash flows, and other relevant considerations. Top ten holdings identified do not represent all of the securities purchased, sold, or recommended for advisory clients, and may not be indicative of current or future holdings or trading activity. No assumptions should be made that companies identified, or all investment decisions were, or will be profitable. A complete list of portfolio holdings is available upon request. Statistics presented may be based on proprietary or third-party estimates, which are subject to change and cannot be guaranteed. Information supplemental to strategy’s GIPS Compliant Presentation.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s Financial Services, LLC (“S&P”) and is licensed for use by Hotchkis & Wiley (“H&W”). All rights reserved. Neither S&P nor MSCI is liable for any errors or delays in this report, or for any actions taken in reliance on any information contained herein.  Russell Investment Group is the source and owner of the Russell Index data contained herein (and all trademarks related thereto), which may not be redistributed. The information herein is not approved by Russell.  H&W and Russell sectors are based on the Global Industry Classification Standard by MSCI and Standard and Poor’s.

Index definitions

Glossary of financial terms