Data as of 12/31/15. Index represents the Russell Midcap® Value Index.

TOP HOLDINGS (% of Rep Acct)

Citizens Financial Group Inc 2.69
Casey's General Stores Inc 2.66
PPL Corp 2.45
Fifth Third Bancorp 2.25
Check Point Software Technologies Ltd 2.21
Laboratory Corp of America Holdings 2.17
Alliant Energy Corp 2.06
Waste Connections Inc 2.05
Southwest Gas Corp 2.03
Marsh & McLennan Cos Inc 1.95
TOTAL22.52

CHARACTERISTICS

Number of Holdings
Equity Issues

76
Market Capitalization
Weighted Average
Median

$10.37B
$7.75B
Portfolio Turnover Ratio
(1-year trailing)

66.22%
Price/Earnings Ratio
(1-year forward)

19.24
Price/Book Ratio
(1-year forward)

3.13
Earnings Growth Rate
(1-year forward)

-1.78%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Equity LifeStyle Properties Inc
Casey's General Stores Inc
Healthcare Trust of America, Inc. - Class A
Alliant Energy Corp
Dr Pepper Snapple Group Inc
DETRACTORS
Cimarex Energy Co
Kennametal Inc
Umpqua Holdings Corp
Anadarko Petroleum Corp
CSX Corp

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Financials 32.65 34.84
 
 
Industrials 13.75 9.67
 
 
Consumer Staples 10.73 4.14
 
 
Information Technology 10.48 9.73
 
 
Utilities 9.47 11.97
 
 
Consumer Discretionary 5.57 8.24
 
 
Health Care 4.53 6.20
 
 
Materials 4.33 5.57
 
 
Energy 3.31 8.07
 
 
Cash & Equivalents 5.18 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
U.S. 92.61 99.63
Non-U.S. Developed 2.21 0.37
Cash & Equivalents 5.18 -

REGIONS (%)

REP ACCTINDEX
North America 92.61 99.68
Africa/Mideast 2.21 -
Cash & Equivalents 5.18 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
$10 Billion to $50 Billion 38.97 49.42
$5 Billion to $10 Billion 28.59 31.55
$1 Billion to $5 Billion 27.26 18.91

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.