Mid-Cap Value Fund (HWMIX)

I SHARES    A SHARES    C 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 12/31/2019
TOP TEN STOCKS (%)1
Cairn Energy PLC
4.6
Citizens Financial Group Inc.
4.2
Kosmos Energy Ltd.
4.2
Popular Inc.
3.5
Goodyear Tire & Rubber
3.4
CNO Financial Group Inc.
3.2
CIT Group Inc.
2.9
Royal Mail PLC
2.9
Embraer SA
2.8
Office Depot Inc.
2.6
0% 1% 2% 3% 4% 5%
TOP TEN INDUSTRIES (%)1
Oil, Gas & Consumable Fuels
14.4
Banks
12.4
Auto Components
7.2
Media
5.5
Electronic Equipment & Instruments
5.3
Insurance
5.1
Specialty Retail
4.6
Indep. Pwr & Renewable Elect. Producers
4.2
Energy Equipment & Services
3.8
Machinery
3.5
0% 3% 6% 9% 12% 15%
SECTOR BREAKDOWN (%)1
  Portfolio Russell Midcap Value2 Russell Midcap2
Financials 23.6 18.9 13.3
Energy 18.2 5.5 3.8
Industrials 14.9 11.4 13.7
Consumer Discretionary 14.0 8.9 11.5
Information Technology 9.8 7.2 17.2
Utilities 5.7 11.8 7.2
Communication Services 5.5 3.6 4.1
Health Care 2.4 6.7 9.8
Consumer Staples 1.8 4.6 4.1
Real Estate 1.3 14.7 10.1
Materials 0.0 6.5 5.2
STATISTICS
  Portfolio Russell Midcap Value Russell Midcap
Projected P/E (FY2) 10.5x 15.4x 17.5x
Price/Normal Earnings 5.6x 16.2x 18.9x
Price/Book 1.0x 2.0x 2.6x
Price/Sales 0.5x 1.4x 1.7x
Weighted Average Market Capitalization (millions) $8,798 $15,839 $17,599
Median Market Capitalization (millions) $5,684 $8,096 $8,520
Standard Deviation 20.81 12.79 12.89
Beta 1.51 -- --
Alpha -10.62 -- --
R-Squared 0.86 -- --

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.

Information on the Fund’s holdings, portfolio characteristics and attribution reports are subject to its portfolio holdings disclosure policy. Such information may be obtained through the Funds’ website or by calling 800-796-5606. 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 9/30/19

Index definitions

Glossary of financial terms