Full Holdings

%
NET ASSETS
NAME IDENTIFIER SHARES HELD MARKET VALUE ($)
0.928 AT&T INC T 58826 $2,040,673.94
1.125 ALLSTATE CORP ALL 40148 $2,473,919.76
0.853 AMEREN CORPORATION AEE 48786 $1,874,845.98
1.191 AMERIPRISE FINANCIAL INC AMP 21157 $2,618,178.75
1.146 APPLE INC AAPL 24780 $2,518,391.40
0.942 ASSURANT INC AIZ 31780 $2,071,420.40
0.555 ATLANTIC POWER CORP AT 320454 $1,220,929.74
0.774 BP AMOCO PLC ADR BP 37052 $1,700,316.28
0.857 BABCOCK & WILCOX COMPANY BWC 65973 $1,883,529.15
0.567 BERKLEY (WR) CORP WRB 25730 $1,245,846.60
0.954 CBS CORPORATION CBS 36942 $2,096,089.08
0.535 CIGNA CORP CI 12852 $1,176,215.04
0.856 CVR REFINING LP CVRR 81267 $1,882,143.72
1.115 CVS CORP CVS 30174 $2,451,335.76
0.817 CA INC CA 63450 $1,795,000.50
1.128 CAMERON INTL CORP CAM 34973 $2,479,935.43
0.566 CATO CORP, CLASS A CATO 36064 $1,244,208.00
1.251 CENTURYLINK INC CTL 69393 $2,750,738.52
1.279 CHEMED CORP CHE 27022 $2,811,639.10
0.856 CHESAPEAKE GRANITE WASH CHKR US 174964 $1,882,612.64
0.094 CHINA NEPSTAR DRUG ADR NPD 95570 $207,386.90
1.108 CLEARWATER PAPER CORP CLW 36625 $2,434,463.75
0.966 COCA COLA ENTERPRISES CCE 46953 $2,122,275.60
1.084 COMERICA INC CMA 46530 $2,383,731.90
0.957 COMPUTER SCIENCES CORP CSC 35286 $2,103,045.60
1.394 CONVERSANT INC CNVR 88434 $3,063,353.76
0.801 CORELOGIC INC CLGX 62604 $1,761,676.56
0.955 CORNING INCORPORATED GLW 101864 $2,098,398.40
1.104 CYTEC IND INC CYT 23924 $2,427,568.28
0.765 DILLARDS INC A DDS 14745 $1,682,551.95
1.015 DR PEPPER SNAPPLE GROUP DPS 35673 $2,230,275.96
0.959 DU PONT (E I) DE NEMOURS DD 32289 $2,108,471.70
0.94 FIFTH THIRD BANCORP FITB 100674 $2,066,837.22
1.042 FLOWSERVE CORP FLS 31123 $2,291,275.26
1.329 FRONTIER COMMUNICATIONS FTR 458687 $2,921,836.19
1.19 GANNETT CO GCI 81479 $2,615,475.90
0.986 GAP INC GPS 49236 $2,167,861.08
0.563 GENERAL DYNAMICS GD 9764 $1,238,563.40
0.963 GENERAL MILLS INC GIS 39785 $2,115,766.30
0.959 GLADSTONE CAPITAL CORP GLAD 222448 $2,108,807.04
0.819 HESS CORP HES 18383 $1,800,982.51
0.828 HOLLYFRONTIER CORP HFC 39151 $1,820,521.50
1.041 HOME DEPOT INC HD 25607 $2,288,753.66
0.498 HUGOTON ROYALTY TRUST HGT 114490 $1,095,669.30
0.974 HUNTINGTON BANCSHARES HBAN 213146 $2,139,985.84
0.554 JOY GLOBAL INC JOY 20799 $1,218,405.42
0.978 JUNIPER NETWORKS JNPR 93379 $2,150,518.37
0.894 KIMBERLY-CLARK KMB 18464 $1,964,384.96
1.066 KOHLS CORP KSS 38819 $2,342,726.65
1.021 LPL FINANCIAL HOLDINGS LPLA 47054 $2,244,475.80
1.107 L-3 COMMUNICATIONS CORP LLL 21009 $2,433,262.38
1.25 LEGG MASON INC LM 55256 $2,747,328.32
1.261 LEXMARK INTL GRP INC -CL LXK 58374 $2,772,181.26
1.103 LILLY (ELI) & CO LLY 37185 $2,424,090.15
1.057 LOWE'S COS INC LOW 43710 $2,322,312.30
1.101 MACY'S INC M 40622 $2,419,852.54
0.784 MAGNA INTERNATIONAL-CL A MGA 16017 $1,724,230.05
0.869 MARATHON PETROLEUM CORP MPC 21573 $1,909,857.69
1.272 MEDIFAST INC MED 83618 $2,796,185.92
0.565 NEWELL RUBBERMAID NWL 36075 $1,242,062.25
1.119 NIPPON TELEGRAPH & TELE NTT 75689 $2,459,135.61
0.875 NORTHERN TIER ENERGY LP NTI 78019 $1,922,388.16
1.255 NORTHROP GRUMMAN NOC 21124 $2,758,160.68
1.004 NVIDIA CORP. NVDA 117070 $2,207,940.20
1.115 O'REILLY AUTOMOTIVE INC ORLY 15933 $2,451,770.04
0.958 OMNICARE INC OCR 33312 $2,105,318.40
0.966 ORANGE S.A. ORAN 142997 $2,123,505.45
1.05 PPG INDUSTRIES INC PPG 11562 $2,309,047.02
0.897 PFIZER PFE 65915 $1,972,176.80
0.546 PHILLIPS 66 PSX 14316 $1,201,112.40
1.245 RAYTHEON RTN 26957 $2,736,405.07
0.967 REYNOLDS AMERICAN INC RAI 36942 $2,125,642.68
1.128 ROCKWOOD HOLDINGS INC ROC 30457 $2,479,199.80
1.037 SPX CORP SPW 22441 $2,280,454.42
1.194 SANDISK CORP SNDK 26965 $2,624,773.10
0.827 SIX FLAGS ENTERTAINMENT SIX 52011 $1,818,304.56
0.73 SMITH & WESSON HLDG CORP SWHC 156290 $1,605,098.30
1.379 SOUTHWEST AIRLINES CO LUV 89525 $3,031,316.50
0.863 SPOK HOLDINGS INC SPOK 129156 $1,896,010.08
1.087 STATE STREET CORP STT 32145 $2,388,373.50
1.001 TELUS CORP TU 61484 $2,200,512.36
1.029 TEXAS INSTRUMENTS INC TXN 47517 $2,261,334.03
0.775 3M COMPANY MMM 11795 $1,704,141.60
0.56 TIME WARNER, INC. TWX 16151 $1,230,706.20
1.115 TRAVELERS COS INC TRV 26205 $2,451,477.75
1.027 UNUMPROVIDENT CORP UNM 63027 $2,256,366.60
0.578 VISTEON CORPORATION VC 11996 $1,269,416.72
0.844 WAL-MART STORES WMT 24479 $1,855,752.99
1.103 WELLPOINT INC WLP 20481 $2,424,950.40
1.287 WESTERN DIGITAL WDC 29003 $2,829,242.65
1.096 WESTERN REFINING INC WNR 55260 $2,409,888.60
1.212 XEROX CORP XRX 198805 $2,663,987.00
0.213 CASH 468033.25 $468,033.25
0.875 ASPEN INSURANCE HOLDINGS AHL 45402 $1,923,228.72
1.092 AXIS AXS 50087 $2,399,668.17
1.1 EVEREST RE HLDG RE 14863 $2,417,169.69
0.756 INGERSOLL-RAND PLC IR 27878 $1,660,692.46
1.071 MONTPELIER RE HOLDINGS MRH 73594 $2,355,008.00
0.959 PARTNERRE LTD PRE 18753 $2,108,587.32
0.936 PLATINUM UNDERWRITERS HOL PTP 32709 $2,057,723.19
0.881 RENAISSANCERE HOLDINGS RNR 19035 $1,935,669.15
1.113 SEAGATE TECHNOLOGY STX 41595 $2,447,449.80
1.043 TE CONNECTIVITY LTD TEL 36607 $2,291,964.27
1.148 FLEXTRONICS INTERNATIONAL FLEX 231947 $2,523,583.36

Data as of 9/15/2014

Holdings are subject to change.