Quarterly Statistics

DASCX Quarterly Statistics as of September 30, 2017

Portfolio Characteristics
DASCX
R2000V
R2000
Wtd Avg. Mkt. Cap
$2.2B
$2.0B
$2.2B
Median Mkt. Cap
$2.08B
$0.73B
$0.85B
*P/E (excl. negative earnings)
17.8x
19.4x
21.7x
*P/E (projected next 12 months)
15.7x
17.5x
19.3x
Price/Book
2.2x
1.6x
2.4x
Price/Cash Flow
11.9x
10.5x
13.6x
Number of Holdings
66
1,396
1,996
Cash & Equiv.
2.5%
0.0%
0.0%
Non-US
3.3%
0.0%
0.0%
*P/E – a stock’s price compared to its earnings per share (EPS)
Top Ten Holdings
Ticker Name Sector % Total
CSFL CenterState Bank Corp Financials 2.6%
TEN Tenneco Inc Consumer Discretionary 2.5%
SSD Simpson Manufacturing Co Inc Industrials 2.4%
SWM Schweitzer-Mauduit International Inc Materials 2.3%
CHFC Chemical Financial Corp Financials 2.3%
TVPT Travelport Worldwide Ltd Information Technology 2.3%
DLX Deluxe Corp Industrials 2.2%
ARI Apollo Commercial Real Estate Finance Inc Financials 2.2%
FRME First Merchants Corp Financials 2.1%
KNL Knoll Inc Industrials 2.1%
% in top 10 22.9%
Sector Weights
DASCX R2000V R2000
Consumer Discretionary 12.4% 10.3% 11.9%
Consumer Staples 2.8% 2.7% 2.6%
Energy 7.8% 6.3% 3.7%
Financials 24.4% 30.7% 18.1%
Health Care 4.6% 6.2% 15.6%
Industrials 22.3% 12.0% 15.1%
Information Technology 13.2% 9.1% 16.9%
Materials 4.8% 4.2% 4.5%
Real Estate 5.7% 11.3% 7.2%
Telecommunication Services 0.0% 0.6% 0.8%
Utilities 2.0% 6.6% 3.6%

Russell 2000 Value “R2000V” measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. The performance of the index does not reflect deductions for fees, expenses or taxes. Index is not available for purchase.

The Russell 2000 “R2000″ is an unmanaged, capitalization-weighted index of domestic small-cap stocks. It measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 Index.