Snow Capital Dividend Plus Fund - Holdings and Sectors

Top Ten Holdings as of 6/30/2017

Holding % Holdings
JP Morgan Chase & Co. 3.7%
Teva Pharmaceutical Industries Ltd. - ADR 3.7%
GMAC Capital Trust I 3.6%
BP PLC - ADR 3.5%
Exelon Corp. 3.5%
Metlife, Inc. 3.4%
PulteGroup, Inc. 3.4%
Hanesbrands, Inc. 3.1%
Kinder Morgan, Inc. 3.1%
Ally Financial, Inc. 3.1%

Sector Allocations as of 6/30/2017

Sector % of Stocks
Consumer Discretionary 9.2%
Consumer Staples 6.1%
Energy 15.1%
Financials 30.9%
Health Care 9.5%
Industrials 3.0%
Information Technology 8.8%
Materials 4.8%
Telecommunication Services 5.4%
Utilities 5.6%
Real Estate 1.8%
Other 0.0%

Fund Holdings and sector allocations are subject to change and are not recommendations to buy or sell any security.

Mutual fund investing involves risk; principal loss is possible. Investments in smaller companies involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater in emerging markets. Investments in debt securities typically decrease in value when interest rates rise. Investments in convertible securities may fall in value if interest rates rise. This risk is usually greater for longer-term debt securities. The fund may invest in lower-rated and non-rated securities which present a greater risk of loss to principal and interest than higher-rated securities. The fund may invest in other investment companies, and the cost of investing in the Fund will generally be higher than the cost of investing directly in the shares of the mutual funds in which it invests. By investing in the Fund, you will indirectly bear your share of any fees and expenses charged by the underlying funds, in addition to indirectly bearing the principal risks of the funds. The fund also invests in ETFs. They are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact the Fund's ability to sell its shares. The Fund may use options and futures contracts which have the risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of the securities prices, interest rates and currency exchange rates. This investment may not be suitable for all investors. Small- and Medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. If a fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. The fund is more exposed to individual stock volatility than a diversified fund.

Before you invest in the Snow Capital Funds, please refer to the Prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a prospectus by calling 1-877-766-9363. The prospectus should be read carefully before you invest or send money.

The Russell 2000® Value Index measures the performance of those Russell 2000® Index companies with lower price-to-book ratios and lower forecasted growth values.

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P.O. Box 701 . Milwaukee, WI 53201-0701 . Phone (877) 766-9363