| Ticker: | HLIEX |
| Manager: | Jonathan K.L. Simon |
| Manager Since: | 08/04 |
| NAV (05/21/2013): | 12.1 |
| Objective: | Equity - Income |
| Peer: | IN LB |
| Net Assets ($mil): | 1665.71 |
| Inception: | 07/02/1987 |
The fund was incepted in July 1987 and is managed by Banc One Investment Advisor. The fund seeks current income through regular payment of dividends with the secondary goal of achieving capital appreciation by investing primarily in equity securities. The fund attempts to keep its dividend yield above the Standard & Poor's 500 Composite Price Index by investing in the common stock of corporations that regularly pay dividends, as well as stocks with favorable long-term fundamental characteristics. As part of its main investment strategy, the fund may invest in convertible bonds and REITs. Because yield is the main consideration in selecting securities, the fund may purchase stocks of companies that are out of favor in the financial community and therefore are selling below what the fund believes to be their long-term investment value. The fund offers dividends monthly and capital gains annually.
| Stocks | 97.18% |
| Foreign Stocks | 0.94% |
| Cash | 2.58% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | 0.24% |
| Foreign Hedged | 0.00% |
| Large Growth | 29.23% |
| Large Value | 36.98% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 29.23% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 22.60% |
| Foreign Bond | 0.00% |
| Beta v. S&P 500 | 0.89 |
| Beta v. EAFE | -0.02 |
| Beta v. Barclays Agg Bond | 0.11 |
| Alpha 3 Yr | 3.61 |
| Alpha 5 Yr | 3.03 |
| R-Sq 3 Yr | 0.96 |
| R-Sq 5 Yr | 0.96 |
| Std Dev 3 Yr | 13.20 |
| Std Dev 5 Yr | 16.27 |
| Sharpe 3 Yr | 1.20 |
| Sharpe 5 Yr | 0.55 |
| Expense Ratio | 0.78 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.40 |
| Min Initial Investment | 1000000 |
| Min Subsequent Investment | 0 |
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 16.22 | 15.30 | 11.72 | 11.90 | 10.62 | 6.77 | 7.70 | 8.92 | 9.36 | 10.29 | 12.1 |
| Total Return (%) | 22.80 | 11.52 | 6.13 | 20.95 | 1.55 | -29.69 | 17.50 | 18.91 | 7.58 | 13.51 | 13.85 |
| Annual Dividend Yield (%) | 1.47 | 1.49 | 2.02 | 2.12 | 2.48 | 3.39 | 2.60 | 2.22 | 1.91 | 2.26 | 2.02 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -58.84 | 6.56 | 12.42 | 51.55 | -39.40 | 73.10 | -89.17 | 38.55 | 54.85 | -24.81 | 11.09 |
| Rel Performance-Obj.Ret.(%) | -19.47 | -5.12 | -37.89 | 58.00 | -11.17 | 25.05 | -58.53 | 57.70 | 62.67 | 11.23 | 32.34 |
| Ret.Quintile vs Obj(1 is best) | 4 | 4 | 2 | 1 | 4 | 2 | 4 | 1 | 1 | 2 | 1 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 314 | 322 | 210 | 113 | 87 | 58 | 79 | 126 | 204 | 1,666 | 1,666 |
| Annual Turnover (%) | 16.80 | 14.75 | 68.00 | 21.00 | 46.00 | 49.00 | 54.00 | 43.00 | 37.00 | 44.00 | 0.00 |
| Annual Dividend Paid ($) | 0.26 | 0.27 | 0.33 | 0.30 | 0.30 | 0.25 | 0.21 | 0.20 | 0.19 | 0.24 | 0.06 |
| Annual Capital Gains Paid($) | 0.52 | 2.46 | 4.22 | 1.93 | 1.15 | 0.47 | 0.00 | 0.00 | 0.04 | 0.08 | 0.00 |
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 2.60% | 8.04% | 14.48% | 13.85% | 17.66% | 15.02% | 7.75% | 8.93% | 5.09% | 8.72% |
| Ret. Percentile vs. Obj. (1 is best) | 18 | 7 | 28 | 13 | 29 | 3 | 2 | 20 | 60 | 22 |
| Average Price/Earnings | 23.14 |
| Average Price/Book | 3.93 |
| Average EPS Growth | 10.28 |
| Average Market Value | 76,625.00 |
| Name | Weight | Shares |
|---|---|---|
| WELLS FARGO + CO | 3.93 | 3,315,000 |
| PFIZER INC | 3.22 | 3,704,000 |
| MERCK + CO. INC. | 3.08 | 2,170,000 |
| VERIZON COMMUNICATIONS INC | 2.47 | 1,645,000 |
| HOME DEPOT INC | 1.74 | 814,000 |
| EXXON MOBIL CORP | 2.13 | 711,000 |
| APPLE INC | 1.87 | 101,000 |
| T ROWE PRICE GROUP INC | 1.82 | 807,000 |
| CONOCOPHILLIPS | 2.19 | 1,088,000 |