close

Вход

Забыли?

вход по аккаунту

?

Barron's Magazine (10 - 02 - 2017)

код для вставкиСкачать
SHOULD AMAZON BE BROKEN UP? • PAGE 16
OCTOBER 2, 2017
The
Shadow
Over Solar
Will President Trump protect a handful
of U.S. manufacturers at the expense
of a thriving U.S. industry?
$5.00
>
63142
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
THE DOW JONES BUSINESS AND FINANCIAL WEEKLY VOL. XCVII NO. 40
SUBSCRIPTIONS/CUSTOMER SERVICE: 800-544-0422
2
BARRON’S
October 2, 2017
Why buy a single stock when you
can invest in the entire sector?
BENEFITS INCLUDE:
- S&P 500 Components
- The all-day tradability of stocks
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
- The diversification of mutual funds
- Liquidity
- Total transparency
- Expenses - 0.14%**
October 2, 2017
XLB
BARRON’S
3
MATERIALS Sector SPDR ETF Top 10 Holdings*
Company Name
Symbol
Weight
DowDuPont Inc.
DWDP
25.48%
MON
8.21%
Praxair Inc
PX
6.14%
Ecolab Inc
ECL
5.34%
Sherwin-Williams Co
SHW
4.56%
Air Products & Chemicals Inc
APD
4.55%
PPG Industries Inc
PPG
4.35%
LyondellBasell Industries N.V.
LYB
4.34%
IP
3.68%
NEM
3.22%
Monsanto Co.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Intl Paper Co
Newmont Mining Corp
*Components and weightings as of 9/22/17. Please see website for daily updates. Holdings subject to change.
The next chapter in investing
™
Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other
information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the prospectus carefully before investing.
The S&P 500, SPDRs®, and Select Sector SPDRs® are registered trademarks of Standard & Poor’s Financial Services LLC. and have been licensed for use. The stocks included in each Select Sector Index were selected
by the compilation agent. Their composition and weighting can be expected to differ to that in any similar indexes that are published by S&P. The S&P 500 Index is an unmanaged index of 500 common stocks
that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market
value of all domestic common stocks. Investors cannot invest directly in an index. The S&P 500 Index figures do not reflect any fees, expenses or taxes. Ordinary brokerage commissions apply. ETFs are considered
transparent because their portfolio holdings are disclosed daily. Liquidity is characterized by a high level of trading activity.
Select Sector SPDRs are subject to risks similar to those of stocks, including those regarding short-selling and margin account maintenance. All ETFs are subject to risk, including possible loss of principal. Funds
focusing on a single sector generally experience greater volatility. Diversification does not eliminate the risk of experiencing investment losses.
**Gross & Net Expenses are the same – 0.14%.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
4
BARRON’S
4.95
$
October 2, 2017
Fidelity cut the price of trades
to give you even more value.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Online U.S. Equity Trades
FIDELITY
TD AMERITRADE
SCHWAB
E*TRADE
Online U.S. equity† and option trades
$4.95
$6.95
$4.95
$6.95
Online options (per contract rate)
$0.65
$0.75
$0.65
$0.75
Lowest margin rates††
4.25%
6.50%
6.00%
5.75%
Leader in displaying price improvement
on trades
Yes
No
No
No
Barron’s Best Online Broker in 2016 & 20171
Yes
No
No
No
Table compares pricing for retail investors.
OPEN AN ACCOUNT GET 500 FREE TRADES§
Visit Fidelity.com/AlwaysBe or call 800.Fidelity
Where smarter investors will always be.
Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Trades are limited to online domestic equities and options and must be used within two years. Options trades are limited to 20 contracts
per trade. Offer valid for new and existing Fidelity customers opening or adding net new assets to an eligible Fidelity IRA or brokerage account. Accounts receiving $100,000 or more will receive 500 free trades. Account balance of
$100,000 must be maintained for at least nine months; otherwise, normal commission schedule rates may be retroactively applied to any free trade executions. See Fidelity.com/ATP500free for further details. Fidelity reserves the right
to modify these terms and conditions or terminate this offer at any time. Other terms and conditions, or eligibility criteria may apply.
†
$4.95 commission applies to online U.S. equity trades in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Certain accounts may require a minimum opening balance of $2,500. Sell orders are subject to an
activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Other conditions may apply. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Clearing & Custody
SolutionsSM are subject to separate commission schedules. See Fidelity.com/commissions for details.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options, and call
800-544-5115 to be approved for options trading. Supporting documentation for any claims, if applicable, will be furnished upon request.
There is an Options Regulatory Fee from $0.04 to $0.06 per contract, which applies to both option buy and sell transactions. The fee is subject to change.
††
4.25% rate available for debit balances over $1,000,000. Fidelity’s current Base Margin Rate, effective since 6/16/2017, is 7.325%.
Among listed competitors, Fidelity is the only broker to display price improvement. Price improvement details provided for certain domestic stock and single-leg option orders entered during market hours after the primary opening, provided
there is a National Best Bid and Offer (NBBO) at the time the order is placed. Price improvement details are provided for informational purposes only and are not used for regulatory reporting purposes. See Fidelity.com for more details.
Commission comparison is based on published website commission schedules for retail accounts, as of 03/13/2017, for E*Trade, Schwab, and TD Ameritrade for online U.S. equity trades. For E*Trade: $6.95 per trade for 0 to 29 trades
per quarter and $4.95 per trade for 30 or more trades per quarter. For TD Ameritrade: $6.95 per market or limit order trade for an unlimited amount of shares. For Schwab: $4.95 for up to 999,999 shares per trade, though orders of 10,000
or more shares or greater than $500,000 may be eligible for special pricing. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Clearing & Custody SolutionsSM are subject to
different commission schedules. Commissions are subject to change without notice. See each provider’s website for any additional information and restrictions.
1
Barron’s, March 20, 2017 and March 19, 2016 Online Broker Surveys. 2017: Fidelity was evaluated against 15 others and earned the top overall score of 35.6 out of a possible 40. The firm was also named best online broker for Long-Term
Investing (shared with 2 others), Best for Novices (shared with 1 other), and Best for Investor Education (shared with 2 others). Fidelity was also ranked 1st in the following categories: Trading Experience & Technology (shared with
2 others), Mobile (shared with 1 other), Research Amenities, and Portfolio Analysis and Reports (shared with 2 others). 2016: Fidelity was evaluated against 15 others and earned the top overall score of 34.9 out of a possible 40.0. Fidelity
was also named Best Online Broker for Long-Term Investing (shared with one other), Best for Novices (shared with one other), and Best for In-Person Service (shared with four others), and was ranked first in the following categories:
trading technology; range of offerings (tied with one other firm); and customer service, education, and security. Overall ranking for both years based on unweighted ratings in the following categories: trading experience & technology;
usability; mobile; range of offerings; research amenities; portfolio analysis and reports; customer service, education, and security; and costs.
Fidelity Brokerage Services LLC, Member NYSE, SIPC. © 2017 FMR LLC. All rights reserved. 791958.6.0
§
Table of Contents
Pullouts Begin After Pages 18 & M22
s 2017 Dow Jones & Company, Inc. All Rights Reserved.
LiLAC Is Just Starting to Blossom
Charting the Market M2
The Trader
Lawrence C. Strauss
Small stocks soar as another
record-setting quarter ends.
Tech up 26% this year. M3
European Trader
Victor Reklaitis
Catalonian banks to consider
despite Catexit concerns. M6
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Asian Trader
Assif Shameen
Tesla rival BYD is on a tear. M7
Emerging Markets
Craig Mellow
Five reasons to be wary about
the rally’s stamina. M7
Winners & Losers M8
Current Yield
Amey Stone
Beware the dangers of
floating-rate funds. M9
Striking Price
Steven M. Sears
A “trust, but verify” trade. M10
Commodities Corner
Myra P. Saefong
Energy, metals, and gold are
the quarter’s big winners. M11
13D Filings M12
Research Reports M13
Insider Transactions M13
Andrew Bary
Recent hurricanes don’t dim the growth prospects for LiLAC Group,
the tracking stock for John Malone’s cable assets in Latin America.
Some see 50% upside for the shares. Watch for a spinoff later this year.
How Invesco Could Get a Leg Up
Crystal Kim
There’s more to Invesco’s purchase of Guggenheim’s ETF business
than gaining heft. The crown jewel of the deal: Guggenheim’s ability
to self-index, which opens the door for lucrative new products.
October 2, 2017
14
Up & Down Wall Street
Randall W. Forsyth
Counting tax-cut chickens
before they hatch. 7
15
No Holding Back Big Tech
Jack Hough
Q&A WITH SCOTT GALLOWAY: This NYU marketing professor and serial
entrepreneur discusses the intangibles that make Amazon, Google, and
Apple so powerful. Facebook’s identity crisis. Rising regulatory threats.
The Best Bet in Business Jets
Lawrence C. Strauss
General Dynamics has weathered the business-jet slump fairly well,
thanks to its popular Gulfstream models. It could outpace Textron,
Embraer, and Bombardier as the market gets its second wind.
Solar’s Dimming Light
Avi Salzman and Bill Alpert
COVER STORY: The possibility of tariffs on solar
cells casts a shadow over U.S. companies that sell
and install solar panels. First Solar, which uses a
different technology, stands to benefit.
Mutual Funds: Quality Plus Growth
Sarah Max
PROFILE: Alger Small Cap Focus fund manager Amy Zhang looks for
stable companies with a long track record and the potential to double
their revenue within five years, such as Veeva. PLUS: Scoreboard.
A Turning Point for Electric Cars
Mailbag Gene therapy. Trump’s
successes. Dow 1,000,000. . . . 34
Cover
Barron’s Graphics
BARRON’S (USPS 044-700) (ISSN 1077-8039) Published every
Monday. Editorial and Publication Headquarters: 1211 Avenue
of the Americas, New York, N.Y. 10036. Periodicals postage paid
at Chicopee, MA and other mailing offices. Postmaster: Send address changes to Barron’s, 200 Burnett Rd., Chicopee, MA 01020
Streetwise
Vito J. Racanelli
Why the bull could keep
charging into year end. 9
Follow-Up
16
Emily Bary
Electric cars could be cheaper than gas guzzlers within the next
decade, kicking sales of Tesla’s midrange Model 3 into high gear.
Will the market leader be able to stay ahead of the competition?
Transforming Puerto Rico’s Power Grid
Simon Johnson
OTHER VOICES: Hurricane Maria’s damage gives the U.S. government an
opportunity to turn the island into a hub for clean-energy investment.
Expedia. Thermo Fisher. 11
Review & Preview
Tax hikes for hedge funds?
Holiday hiring gets harder. 12
Tech Trader
18
Tiernan Ray
A new era for Applied Materials
and Taiwan Semiconductor. 23
Digital Investor
19
Theresa W. Carey
ClickIPO gives small investors
a shot at hot start-ups.
Addressing cyberthreats. 24
Fund of Information
Jack Willoughby
A warning to passive investors:
Remember the Nifty 50. 27
ETF Focus
25
Teresa Rivas
Biotech beckons as investors
get fidgety about FANGs. 28
Balancing the Books
Market Watch M15
Index to Companies . . . . . . . 10
Columns
29
The Color of Law, by Richard
Rothstein. The End of Theory,
by Richard Bookstaber.
Drunks: An American History,
by Christopher M. Finan. 30
Speaking of Dividends
Lawrence C. Strauss
One fund’s time-tested dividendgrowth strategy pays off. 32
35
Economic Beat
Gene Epstein
People are saving more than
the numbers suggest. 33
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
6
BARRON’S
October 2, 2017
WHAT DO PEOPLE really INVEST IN?
You might say “equities” or “fixed income.” But what people really put their money into is what
they hope to get out of life. And helping people get there requires an absolute refusal to settle for
average. Because we approach investing with a tireless desire to beat the status quo, our clients
might just get what they want out of life. Or even more. invesco.com/MoreOutOfLife
NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE
Invesco Distributors, Inc.
October 2, 2017
BARRON’S
Up & Down Wall Street
Counting Tax-Cut Chickens Early
by Randall W. Forsyth
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
T
analyst at the Lindsey Group, points out, these corporations
celebrated the prospect of the first real tax re- have borrowed against that overseas cash to pay for share
form in over three decades by sending big- and repurchases and dividends. Looking at four global tech
small-cap stocks to records last week. Alas, the megacaps, he finds that Apple (ticker: AAPL), Microsoft
reality is that the celebration, at best, is a bit premature. (MSFT), Oracle (ORCL), and Cisco Systems (CSCO)
The outline of the tax plan from the Trump administration collectively have added $168 billion to their balance sheets
and the congressional Republican leadership spurred much in the past three years, while increasing their debt by
discussion and anticipation about its impact on the economy $174 billion. “Thus, one could argue much of their repatriaand investments. But minor questions remain—
tion has been spoken for via the rise in debt,
such as what the tax changes actually will entail
which was then used mostly for buybacks,”
and when they might be passed.
Boockvar writes in a client note.
Lots of oxen must
Assuming your attention wasn’t totally conThe optimism assumes the tax package will
sumed by the crucial news about football playpass in something resembling its current form.
be gored or fattened Libby Cantrill, Pimco’s head of public policy,
ers kneeling, you already know the plan’s key
particulars. Among them: the collapse of
writes that governors and mayors have been
before tax reform
personal tax brackets from seven to three; the
lobbying GOP members of Congress from
becomes a reality.
doubling of the standard deduction; the elimihigh-tax states over the proposed repeal of the
nation of the deduction for state and local
state and local tax deduction. The pleas are
taxes; allowing the “pass through” of business
coming not just from high-income-tax Califorincome at a 25% rate, instead of higher, personal tax rates; nia and New York, but also from Texas, which has high
and the elimination of the estate tax.
property taxes.
Lots of oxen stand to be gored or fattened, which will
Finally, fiscal stimulus would probably elicit a reaction
make passage of the package a challenge, as the failure of from the Federal Reserve, especially with the economy at
the Obamacare “repeal and replace” effort showed. And full employment by conventional measures. Press reports
that’s before having to pass a fiscal-2018 budget resolution— indicate that the White House is interviewing candidates to
a hurdle in itself and a necessary precursor of tax reform— succeed Fed Chair Janet Yellen, whose term ends early next
using the reconciliation process, which requires a simple year. Bond yields rose last week on the prospect of less
majority in the Senate, rather than 60 votes.
monetary accommodation. That could counter stock bulls’
From the standpoint of the stock market, the key change tendency to count tax-cut chickens before they hatch.
would be a cut in the corporate maximum tax rate to 20%
AST WEEK’S DISCUSSION HERE ABOUT BERKSHIRE
from 35%, which would give a significant jolt to after-tax
Hathaway CEO Warren Buffett’s prediction of Dow
profits. For the big-cap companies of the Standard & Poor’s
1,000,000 in 100 years elicited some lively comments
500 index—which reached another record high last week—
(as well as carping; see Mailbag on page 34). That
RBC Capital Markets estimates that a drop to 20% from
their average effective rate of 27% would add $10.50 per seemingly outlandish target actually represents a relatively
share to earnings. (The current consensus 2018 forecast is modest annual price appreciation of just under 4% (not
$145, according to Bloomberg.) That would be worth around including dividends). But, as noted here, that may prove to
200 points (or about 8%) for the S&P 500, based on a be overly ambitious, given a relatively slow-growing econforward price/earnings multiple of 19 times, says RBC. omy owing to little or no expansion of the labor force beSmall-caps in the Russell 2000 index, which tend to pay a cause of a declining fertility rate, combined with lagging
higher effective tax rate and thus would benefit more from productivity gains.
It’s safe to say that none of us will be around in 2117 to
a tax cut, also ended the week at a fresh record high.
Part of the enthusiasm for equities reflected the repatria- find out who was right, given Keynes’ dictum about the long
tion prospects for profits that U.S. multinationals have run. But over the not-quite-so-long term of the next decade
earned abroad and have stashed there. But that stash effec- or so, U.S. stocks’ prospects are decidedly less positive. That’s
tively might be spent. As Peter Boockvar, the chief market based on the current equity market, whose heady valuation
ALK ABOUT A TALE OF TWO CITIES! WALL STREET
L
7
8
BARRON’S
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Up & Down Wall Street continued
has essentially taken away from future gains,
while also increasing the risk of “drawdowns,” as sudden declines are called in the
lingo of institutional money managers.
That’s the nonconsensus view of two
prominent members of that cadre, Guggenheim Investments and Russell Investments.
Their message: U.S. stocks aren’t the place
to be in the next several years, which means
that investors should set their sights elsewhere in the world.
Excess valuations are a lousy reason to
sell, as Guggenheim’s Brian Smedley and
Matt Bush admit. “After all, markets that
are overvalued and become even more overvalued are called bull markets,” they write.
But, they note, “over a relatively long time
horizon, valuation has been an excellent predictor of future performance.”
High valuations typically mean that future
gains have been pulled forward, which they
attribute, in part, to the “extraordinary monetary policy” of recent years. In the wake of
the financial crisis, the Fed and other central
banks pushed short-term interest rates down
to zero (and below that in Europe and Japan)
and made huge asset purchases, helping
stocks soar to records.
Those heady valuations are less apparent
in conventional measures such as price/
earnings ratios, which are within norms at
about 18 times forward earnings for the S&P
500. Compared with the U.S. economy and
corporate earnings over the longer term,
however, the valuations are more stretched.
As a percentage of gross domestic product, the value of the U.S. equity market has
topped the levels reached in 2007, the peak
before the financial crisis, Smedley and Bush
point out. The only time it was higher was
during the heady dot-com daze of 1999-2000.
And, Smedley and Bush add, this measure isn’t an outlier but is confirmed by other
gauges, including the cyclically adjusted P/E
ratio, dubbed CAPE, developed by Nobel
laureate Robert Shiller of Yale University.
CAPE compares the S&P 500 to “normal”
corporate earnings (the 10-year average of
trailing earnings, adjusted for inflation).
CAPE has an advantage over traditional
P/E ratios, according to Andrew Pease,
global head of investment strategy at
Russell. The latter will seem “artificially
cheap” relative to cyclical peak earnings,
and expensive relative to depressed earnings at cyclical troughs.
To be sure, a criticism of CAPE is that it
has found stocks to be expensive since the
Reagan years, relative to its long-term average of 14.3 times, as calculated by Shiller
going all the way back to 1880. The only
exception was at the market’s post-crisis
nadir in March 2009, which brought CAPE
down to that long-term average.
But CAPE now stands at just over 30
times, a level “reached only twice before;
during the tech bubble of the 1990s and in
the 1929 stock market boom,” Pease points
out. That doesn’t mean a crash is imminent.
But the stock-market-to-GDP ratio and
CAPE both suggest weak returns from
equities in the coming years.
For instance, the Guggenheim team calculates, when market cap to GDP reaches
the current level, returns from stocks over
the subsequent decade are below the 10year Treasury yield. Specifically, the team’s
model suggests that annual returns from
equities will be just 0.9%, versus the 2.2%
on the 10-year note if held to maturity. This
model gave similar signals during the internet boom of the 1990s and in 2006-07, following the housing bubble’s peak.
As for CAPE, when it has exceeded 22
times, Russell’s Pease finds, the following
three years’ return from stocks has been
less than 5%. The risk of a drawdown also
increases dramatically, with an average drop
October 2, 2017
of 21%, which meets the standard definition
of a bear market. This suggests an “asymmetry” in the U.S. stock market, with
greater risk than potential reward.
The Guggenheim and Russell strategists
conclude that the lackluster longer-term
outlook for U.S. stocks means that investors
should prospect for equities in Europe,
Japan, and emerging markets.
In fixed income, Pease prefers emerging
market debt denominated in local currencies,
while underweighting high-yield credits,
again because of valuations. The Guggenheim
team recommends focusing on sectors not
included in the broad benchmarks, such as
the Bloomberg Barclays Aggregate Index.
That would include commercial asset-backed
securities and collateralized loan obligations,
which they say offer higher yields with less
interest-rate risk than comparably rated corporate bonds.
Maybe Buffett will be right in the next
century. But for those needing to generate
investment returns within their lifetimes,
the valuations of the U.S. stock market suggest that it may not treat them as well as it
has the Oracle of Omaha. Luckily, there are
more alternatives than ever before. email: randall.forsyth@barrons.com
Explore our quarterly update
on the state of Master Limited
Partnerships (MLPs) on Barrons.com
this Wednesday, October 4 TH
Check back each Wednesday in October for more research from Global X
Barron’s is a registered trademark of Dow Jones & Company Inc. The information provided is not intended for trading purposes and should not be considered investment advice.
Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' summary or full prospectuses, which may be
obtained by visiting globalxfunds.com. Please read the prospectus carefully before investing. Global X Management Company, LLC serves as an advisor to the Global X Funds. The Funds are distributed by SEI
investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.
Beyond Ordinary ETFsTM
October 2, 2017
BARRON’S
Streetwise
Bears, Return to Your Caves
by Vito J. Racanelli
monetary, and economic underpinnings, Ramsey says. “We expect
tory, continues to be mocked, doubted, and just plain higher highs in the fourth quarter,” he adds.
vilified. OK, the last is an exaggeration, but investor
euphoria is absent, even as stocks hit new highs after Where can this go wrong? We don’t pretend to foresee black swans,
new highs in September. Instead, investor sentiment which, by definition, are unpredictable. So take your pick of unlikely but
is neutral at best, not the kind of thing that dispatches not-impossible scenarios. A hot war in North Korea, or worse? Tax reform
goes the way of “repeal and replace”? Federal Reserve Chair Janet Yellen
an aging bull.
One measure of skepticism is that short sellers are back in force. suddenly wakes up one day from a fever dream and abandons the Fed’s
gradualist approach to raising interest rates?
According to IHS Markit, a market data and analytics
There are two likelier possibilities we worry about.
research firm, average shorting across Standard & Poor’s High valuations alone
Exchange-traded fund assets have grown exponentially
500 index constituents stands at 2.7%, the highest level
in size in the past five years, and these passive investsince before last year’s elections.
don’t cause bear
ments have never been battle-tested by panicked selling.
Meanwhile, institutional investors are “tormented
markets. There must What if ETF investors begin to abandon their shares in
bulls,” David Kostin wrote in a recent report. The Goldreaction to a run-of-the-mill market correction? Perhaps
man Sachs chief U.S. equity strategist noted that equity
also be a factor
that turns into a nasty rout, as ETFs are forced to dump
mutual funds hold 3.2% of their assets in cash, not much
change.
stocks, too, potentially initiating a vicious cycle of stock
different from the five-year average of 3.5%. Big investors,
selling.
then, don’t appear overinvested financially or emotionally.
Another concern is a potential slackening in corporate share buyAnd what of Joe Six Pack? The individual investor is not high on
stocks and hasn’t been all year. According to the most recent weekly backs. It’s not well recognized, but share repurchases over the past five
survey from the American Association of Individual Investors, some 33% years—much of them fueled by borrowing at artificially low interest
of respondents describe their short-term outlook as bullish, below the rates—have been an important boost to stock prices. For now, this activ38.5% average. It has been that way for nearly the entire year. Pessi- ity is likely to continue because interest rates—even as they inch
higher—remain low enough that taking on debt to buy back stock is still
mism actually increased slightly in the latest survey.
an effective way for managements to juice EPS growth.
Worries about a bear market or significant correction in the fourth
According to a recent report from Ned Davis Research, nonfinancial
quarter seem misplaced. Here’s why.
companies have been “huge stock buyers consistently.” Their $2.3 trilU.S. economic growth is accelerating and continues to come in better lion of liquidity suggests there is “great potential [for companies] to
than expected, a bracing factor for stocks, says Keith McCullough, CEO continue to buy back stocks, or spend on capital improvements.” At
of Hedgeye Risk Management, an independent research firm. Moreover, some point this might stop, but no one knows when.
the third quarter should prove to be another strong profits season, he
What about those high stock market valuations, you ask? Isn’t that
adds. Earnings reporting begins in mid-October, and the consensus sees troubling? The S&P 500 trades at about 19 times consensus estimates
a 6% rise in S&P 500 earnings per share, but we’re guessing many com- of $131.38 this year, according to Thomson Reuters. That’s above the
panies will beat analysts’ estimates.
market’s long-term average of about 15. Not cheap. We get it.
History doesn’t always repeat itself, but it’s often instructive. In the
Yet high valuations alone don’t cause bear markets. There must be
final quarter of a year in which the market made highs in September— a factor change, such as—but not limited to—some of those described
statistically the market’s worst-performing month—stocks have typically above. To convince investors tomorrow that a 19 market multiple is too
finished with flair.
expensive when it isn’t today, there needs to be a material and decisive
Since 1928, there have been 29 Septembers in which the S&P 500 shift to the negative. A fourth-quarter rally isn’t a lock, but absent a big
made a 12-month high. Following those 29 instances, the market rose change in economic and monetary conditions, the bear case isn’t strong.
over 80% of the time in the fourth quarter, averaging a 3.7% increase,
Bear markets are generally caused by recessions. The evidence for
says Doug Ramsey, chief investment officer of the Leuthold Group. Bet- that anytime soon is weak. We’re neither Pollyannas nor Cassandras.
ter still, 15 of those 29 September price highs were also accompanied The bull will die, but probably not in the fourth quarter. The holiday
by 12-month advance/decline line highs—as is the case now. Stocks season should be a good one for equity investors. increased an average 5.9% in the fourth quarter in those 15 instances.
The sustainability of a new high is related to its underlying technical, email: vito.racanelli@barrons.com
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
THIS OLD BULL MARKET, THE SECOND LONGEST IN HIS-
9
10
BARRON’S
October 2, 2017
Index To Companies
Our index lists significant references to companies mentioned in stories and columns, plus Research Reports, and
Corrections & Amplifications. The references are to the first page of the item in which the company is mentioned.
A ABB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Agilysys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M12
Alger Small Cap Focus . . . . . . . . . . . . . . . . . . . 25
Allergan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,M5
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Alteryx . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M12
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . 16,28,32
American Express . . . . . . . . . . . . . . . . . . . . . . . 32
Analog Devices . . . . . . . . . . . . . . . . . . . . . . . . . . M5
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,28,32
Applied Materials . . . . . . . . . . . . . . . . . . . . . . . . 23
Ardmore Shipping . . . . . . . . . . . . . . . . . . . . . . . 27
Axovant Sciences . . . . . . . . . . . . . . . . . . . . . . . . M2
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
B Banco de Sabadell . . . . . . . . . . . . . . . . . . . . . . . M6
Bankia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
Bankinter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
Berkshire Hathaway . . . . . . . . . . . . . . . . . . . . M7
BlackBerry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
BlackRock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Boeing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M3
Bombardier . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
BWX Technologies . . . . . . . . . . . . . . . . . . . . . . . 13
BYD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
C CaixaBank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
Canadian Solar . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Caterpillar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M3
CBOE Holdings . . . . . . . . . . . . . . . . . . . . . . . . M10
Charter Communications . . . . . . . . . . . . . . . . . 14
Cintas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Clorox . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Coca-Cola . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Cognex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Comcast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Constellation Brands . . . . . . . . . . . . . . . . . . . . . 13
Costco Wholesale . . . . . . . . . . . . . . . . . . . . . . . . 13
D Darden Restaurants . . . . . . . . . . . . . . . . . . . .M13
Delphi Automotive . . . . . . . . . . . . . . . . . . . . . . . 29
DexCom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Diana Shipping . . . . . . . . . . . . . . . . . . . . . . . . . . 27
E Eaton Vance . . . . . . . . . . . . . . . . . . . . . . . . . . . . M5
Elevate Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Embraer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Equifax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,13
Expedia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
F Facebook . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,28,32
Fidelity National Financial . . . . . . . . . . . . . M12
First Solar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
G Gamco Investors . . . . . . . . . . . . . . . . . . . . . . . M12
General Dynamics . . . . . . . . . . . . . . . . . . . . . . . . 18
General Electric . . . . . . . . . . . . . . . . . . . . 12,18,27
Great Elm Capital . . . . . . . . . . . . . . . . . . . . . M12
Greenhill & Co. . . . . . . . . . . . . . . . . . . . . . . . . . M2
Grupo Televisa . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Guggenheim Solar . . . . . . . . . . . . . . . . . . . . . . . 21
Guggenheim S&P 500 Equal Weight . . . . . . 15
iShares Floating Rate Bond . . . . . . . . . . . . . M9
iShares Nasdaq Biotechnology . . . . . . . . . . . 28
Liberty Media Series C Liberty Braves . . 14
LiLAC Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Lockheed Martin . . . . . . . . . . . . . . . . . . . . . . . . . 32
J J. Alexander’s Holdings . . . . . . . . . . . . . . . . M12
JA Solar Holdings . . . . . . . . . . . . . . . . . . . . . . . 20
JinkoSolar Holding . . . . . . . . . . . . . . . . . . . . . . . 20
JPMorgan Chase . . . . . . . . . . . . . . . . . . . . . . . . . 32
M Mallinckrodt . . . . . . . . . . . . . . . . . . . . . . . . . 13,M5
Megacable Holdings . . . . . . . . . . . . . . . . . . . . . . 14
Micron Technology . . . . . . . . . . . . . . . . . M2,M13
Microsoft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Millicom International Cellular . . . . . . . . . . . 14
Mitel Networks . . . . . . . . . . . . . . . . . . . . . . . . M12
K Kemet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
L Leader Floating Rate . . . . . . . . . . . . . . . . . . . M9
Lennar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Leucadia National . . . . . . . . . . . . . . . . . . . . . . . . 13
Liberty Global . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
N National Fuel Gas . . . . . . . . . . . . . . . . . . . . . . M12
NetApp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Netflix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,28
For Customer Service, call 1 (800) 544-0422, or go to http://customercenter.barrons.com. For
reprints of articles, call 1 (800) 843-0008, or go to www.djreprints.com.
Phil Roosevelt
Katherine Bell
Lauren R. Rublin
David Schutt, Beverly Goodman
ASSOCIATE EDITORS Randall W. Forsyth, Andrew Bary, Matthew Barthel, Jack Hough
SENIOR EDITORS Jack Willoughby, Bill Alpert, Robin G. Blumenthal, Lawrence C. Strauss, Leslie P. Norton,
Vito J. Racanelli, Alex Eule, Avi Salzman, Reshma Kapadia, Steve Garmhausen, Robert Sabat
ECONOMICS EDITOR Gene Epstein REPORTERS Crystal Kim, Sonia Talati, Emily Bary
COPY DESK Michael J. Burlingham (chief), Farran Nehme, Paul Farrell, Barbara Haislip, Robert Teitelman
CONTRIBUTING EDITORS Richard Rescigno, Theresa W. Carey, Mike Hogan, Karen Hube, Michael Shari,
Erin E. Arvedlund, Dyan Machan, Sarah Max, Jim McTague, Jacqueline Doherty, Jonathan R. Laing
RESEARCH DIRECTOR Pauline Yuelys DEPUTY RESEARCH DIRECTOR Teresa Vozzo
ASSOCIATES Dan Lam, Gabriel Alpert, Mohammed Kabir
MANAGING EDITOR
DEPUTY MANAGING EDITOR
ASSISTANT MANAGING EDITORS
n
Robert Connolly ASSOCIATE ART DIRECTOR Diane Sipprelle PHOTO DIRECTOR Adrian DeLucca
ASSISTANT PHOTO EDITOR Amber Sexton ART DEPARTMENT Meredith Lewin, Jack Dee, Christine Silver
STATISTICS Michael T. Kokoszka (manager), Darren Chima
ART DIRECTOR
n
BARRONS.COM
EXECUTIVE EDITOR John
D. Kimelman MANAGING EDITOR Ed Lin
Steven M. Sears DIGITAL PRODUCTION EDITOR Howard J. Godfrey
SENIOR EDITORS Tiernan Ray, Johanna Bennett, Dimitra DeFotis, Teresa Rivas
STOCK MARKET EDITOR Ben Levisohn INCOME INVESTING EDITOR Amey Stone
COPY EDITOR Teresa K. Gill DIGITAL PRODUCER Robert Cushing
n
ASSOCIATE PUBLISHERS Bill Baldenko, Sterling T. Shea
OPTIONS EDITOR
MANAGER, ADVERTISING SERVICES James
NEWS 212-416-2700,
H. Balmer
email: editors@barrons.com
ASSOCIATE MANAGER:
STATISTICS 609-520-4799,
Ward S. McGuiness
email: barronsstats@barrons.com
CUSTOMER SERVICE 800-544-0422
P Paychex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Philip Morris . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27
Phillips 66 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
PowerShares Senior Loan Portfolio . . . . . M9
Popular . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Procter & Gamble . . . . . . . . . . . . . . . . . . . . . . . . 27
Q QEP Resources . . . . . . . . . . . . . . . . . . . . . . . . . M2
Quest Diagnostics . . . . . . . . . . . . . . . . . . . . . . . M2
Quintiles IMS Holdings . . . . . . . . . . . . . . . . M12
S Samsung Electronics . . . . . . . . . . . . . . . . . . . . . 23
Schneider National . . . . . . . . . . . . . . . . . . . . . . . 13
Sensata Technologies Holding . . . . . . . . . . . M5
Sherwin-Williams . . . . . . . . . . . . . . . . . . . . . . . . 13
Shopify . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
ShoreTel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M12
SPDR S&P 500 Trust . . . . . . . . . . . . . . . . . . M10
SPDR S&P Biotech . . . . . . . . . . . . . . . . . . . . . . 28
SPDR S&P Health Care Services . . . . . . . . 28
State Street . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
St. Joe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M12
SunPower . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
SunRun . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
T Taiwan Semiconductor Mfg . . . . . . . . . . . . . . . 23
Target . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Technology Select Sector SPDR . . . . . . . . . . 28
Telefonica . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
Tesla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,29,M7
Textron . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Thermo Fisher Scientific . . . . . . . . . . . . . . . . . 11
Toshiba . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Twitter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
U UBS Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
UnitedHealth Group . . . . . . . . . . . . . . . . . . . . . 32
V VanEck Vectors Biotech . . . . . . . . . . . . . . . . . . 28
Veeva Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Veritone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Vivint Solar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
VMware . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
W Wal-Mart Stores . . . . . . . . . . . . . . . . . . . . . . . . . 13
Y Yum China Holdings . . . . . . . . . . . . . . . . . . . . . 13
PUBLISHER AND EXECUTIVE VICE PRESIDENT, DOW JONES MEDIA GROUP Almar
Latour
H Hanesbrands . . . . . . . . . . . . . . . . . . . . . . . . . . . . M5
Hess Midstream Partners . . . . . . . . . . . . . . . . 13
Honeywell International . . . . . . . . . . . . . . . . . . 32
Houston Wire & Cable . . . . . . . . . . . . . . . . . M12
I IAC/InterActiveCorp. . . . . . . . . . . . . . . . . . . . . 11
IDT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Incyte . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M5
Insulet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Intuit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Invesco . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
O Outfront Media . . . . . . . . . . . . . . . . . . . . . . . . . M2
Overstock.com . . . . . . . . . . . . . . . . . . . . . . . . . . M2
R Repsol . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
Royce Opportunity Investment . . . . . . . . . . . 27
%
EDITOR IN CHIEF
NextEra Energy . . . . . . . . . . . . . . . . . . . . . . . . . 32
NextEra Energy Partners . . . . . . . . . . . . . . . 32
Nuveen Santa Barbara Div Growth . . . . . . 32
Nvidia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Rupert Murdoch Executive Chairman, News Corp Robert Thomson CEO, News Corp
William Lewis CEO, Dow Jones Gerard Baker Editor in Chief, Dow Jones
Barron’s is a trademark of Dow Jones and its affiliates. Barron’s (USPS 044-700) (ISSN 1077-8039) Published every Monday. Editorial and Publication
Headquarters: 1211 Avenue of the Americas, New York, N.Y. 10036. Periodicals postage paid at Chicopee, MA and other mailing offices. Regular
U.S. subscription rate: one year, $223. Entire editorial content of this publication copyrighted by Dow Jones & Co., Inc. and must not be reproduced
in whole or in part without special permission. Unsolicited manuscripts should be accompanied by self-addressed envelope with proper postage. All
advertising published in Barron’s is subject to the applicable rate card, copies of which are available from the Advertising Director, 1211 Avenue of the
Americas, New York, N.Y. 10036. Barron’s reserves the right not to accept an advertiser’s order. Only publication of an advertisement shall constitute
acceptance of the advertiser's order. Postmaster: Send address changes to Barron’s, 200 Burnett Rd., Chicopee, MA 01020.
Z Zogenix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
October 2, 2017
BARRON’S
A Return Visit to Earlier Stories
Expedia: More
Room to Rise
11
GAINING
THE EDGE
FOR EXPEDIA, HOMEAWAY IS STARTING TO
HEDGE FUND INVESTOR
LEADERSHIP SUMMIT
November 2-3, 2017 | New York City
Senate Keeps Thermo in the Pink
CONGRESS HAS BLOCKED A BID BY PRESI-
Courtesy of Expedia
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
s
look like a home run. The vacation rental
marketplace, bought two years ago, is
small relative to the rest of the company,
but it is contributing a hefty portion of
overall growth–and could for years.
That bodes well for Expedia stock
(ticker: EXPE). It has reNew CEO Mark Okerstrom
turned nearly 25%, including Expedia
has reason to smile.
dividends, since we recom- (EXPE - Nasdaq)
mended it early in the year Weekly close on Sept. 28
$175
(“Expedia Shares Have 25%
HomeAway, a rival to Airbnb.
1/7/17
150
Upside,” Jan. 7). From here, a
Both rent out private properdouble-digit return seems
ties for short-term stays.
125
likely over the next year.
Whether the deal price was
100
Beyond its namesake
reasonable remains to be seen,
75
travel-booking business, Exbut the business is flourishing.
50
pedia owns Orbitz, TravelocLast quarter, HomeAway reve’17
ity, Hotwire, a majority stake ’15 ’16 Source:
nue hit $224 million, up 31%
Bloomberg
in Trivago, and much else.
from a year earlier. That comSome of these came from acquisitions, pares with company revenue of $2.6 biland others were bolted on during past lion, up 18%. Credit Suisse analyst Paul
ownership by dot-com roll-up IAC/Inter- Bieber predicts HomeAway will contribute
ActiveCorp (IAC). Broadly, Expedia, un- 43% of next year’s growth in earnings beder new CEO Mark Okerstrom, benefits fore interest, taxes, depreciation, and
from strong secular trends. U.S. travel is amortization.
growing faster than the economy. Online
Shares trade at a reasonable 18 times
travel spending is growing even faster. So next year’s projected free cash flow, and
is travel from overseas markets where analysts’ forecasts have Expedia growing
Expedia has exposure.
free cash flow at a double-digit pace
In 2015, Expedia paid $3.9 billion for through 2020.
— JACK HOUGH
dent Trump to slash funding for health
research, and shares of laboratory equipment maker Thermo Fisher Scientific,
are up nicely. They’ve returned 25% since
Barron’s wrote positively about them just
after Election Day (“Thermo Fisher Has
30% Upside,” Nov. 12, 2016). Stick with
the shares for more gains.
Put aside for the moment that the
National Institutes of Health funds research on Alzheimer’s disease, cancer,
opioid addiction and other conditions of
high public interest. Incentives matter,
too. NIH grants reach more than 300,000
workers, many of them in red states.
Trump earlier this year proposed to reduce NIH funding by $7.5 billion, to
$26.6 billion. Instead, in September, senators from both parties approved a $2
billion increase, to $36.1 billion.
This is welcome news for Thermo,
many of whose customers are academic
and government concerns, or drug companies that benefit from university research.
But healthy end markets are only part of
Thermo’s success. It has focused its investment dollars in drug research, including via a recent $7.2 billion buyout of
Patheon, a contract drug developer.
The Wall Street consensus sees shares
hitting $203 in a year, implying a 7% gain
from a recent $189. Morgan Stanley’s
Steve Beuchaw argues the Street is underestimating how much Patheon can add
to profits. His price target: $220. — J.H.
Network with over 300 vetted hedge fund
investors and many of the top hedge fund
organizations in midtown Manhattan.
Over 50 leading hedge fund investors will
share insights into the current state of the
hedge fund industry to generate debate
about the various ways to enhance the risk
adjusted returns of a diversified hedge fund
portfolio.
The last two events sold out well in
advance. Registration will close at 750
attendees.
REGISTER NOW
www.apgainingtheedge.com
BBA
ARRRRO
ON
N’’SS
DIGITAL INVESTOR
n
October
October 2,
2, 2017
2017
October
October 2,
2, 2017
2017
BBA
ARRRRO
ON
N’’SS
Review
by Theresa W.
Carey
Mutual Funds
Preview
This Week: Preview
Last Week: Review
An App That Gives the Little Guy a Piece of IPOs
New users of ClickIPO are on a waitissue for finance firms is that many of
their applications still run on legacy
great deal of interest, but the retail list, as the app itself is in a late beta-testing
systems, and function thanks to newer
investor often gets shut out. A Scottsdale, stage. Once a ClickIPO user is moved off
software-development systems that can
Ariz.–based financial-technology start-up, the wait-list, she can connect to a partneraccess the data.
ClickIPO Holdings, is working to make ing online broker to complete the transacDow Industrials 22405.09
+ 55.50 Dow Global Index
376.53 + 0.28 10-Year Treasury Bonds 2.33 + 0.07
“What you see in general in security is
the shares of newly public firms more tion. The partnering brokers haven’t been
announced, but ClickIPO President Jerrod
that most applications are in pretty good
accessible.
island
lacks potable
Planthe
Unveiled
you that
current
shape,” says
Lesokhin.
“But water,
these and
layers
One of the artifacts of the past decade’s Bailey says, “I can tell Tax
Taxing
debate
communications
remain
extremely
GOP leaders
outlined
ranges
from their longbuilt on legacy systems create a great
deal
financial meltdown was a change in the list of brokers in our pipeline
She Said:
difficult.
to the U.S.
awaited
plan,
on thetax
low
endwhich
to calls for
of complexity.
It’sEfforts
harderget
for aid
a developer
rules set by the major exchanges for a com- 10,000 investor accounts
“It
would
be
beendoing
slow, is
reducing
the number
with users
in the of individual
to know commonwealth
whether whathave
they’re
pany to be listed, which allows it to sell some larger brokerages
imprudent
to
keep
stirring
criticism
of
the
Trump
tax
rates
to
three—12%,
25%,
and
creating a security hole.”
stock. We used to see more small firms go millions.”
administration.
doubling
the standard deducmonetary policy on Hackers
The app is designed35%;
to help
underwritwant the data stored in these
public, but it’s difficult to tick off all of the
tion; andofferings
eliminating
lo- the estate tax,
transactional
databases,
says
regulatory boxes unless the outfit is larger,. ers of initial and secondary
hold
until
inflation
Merkel
Wins but
butLesokhin
Right Rises
the alternative
tax, and
rather minimum
than
the security
industry
spends
23
times
as
Many small tech companies have access to cate buy-and-hold investors
German Chancellor Angela Merkel’s
is back to 2%.” much money
deductions for state and local taxes.
the app calcuon
perimeter
security—firefunding outside the IPO market. Because IPO flippers. To do that,
center-right Christian Democrats
The plan would cut the corporate
Fed Chair Janet Yellen in a walls and intrusion security—as it does on
the deals that are done are bigger, the lates a ClickIPO investor score for its uscaptured the most votes in Gerrate to 20% from 35%. The Commitspeech in Cleveland.
tofor
eliminate
those
databasemany’s
security
and itselection,
internalatdesign.
banks running them have raised the ers, which is intendedtee
national
33%,
a Responsible Federal Budin
the
first
30
He
believes
that
the
Securities
and in
Exaccount minimums, making it harder for who sell off their IPO shares
although that was lower than
the
get said the plan would mean a net
your
score
by
change
Commission
needs
to
update
its
most retail investors to get access. Many days of trading. Raising
past.
Merkel
gets
a
fourth
term
as
tax cut of $2.2 trillion over 10 years.
holding IPO shares for 30 days or longer—
regulations
that control
and
IPOs have zero retail distribution.
chancellor,
but acybersecurity
far-right party
won
Rise,
Oil Runs
ideally
morehas
than six Markets
months—or
buying
data reliability,
were last rewritten
Ever
Though
since heonline
was a brokers
presidential
enable
candidate,
retail Donald
Trump
13% of which
the vote.
additional
aftermarket,
can
in 2011 and are, as Lesokhin says, “at
investors
to trade
issued shares,
Stocks
set new records,
with the
vowed
to make
hedgenewly
fund managers
pay higher
taxes on shares
their in the
Sports and Politics
net the
youRepublia larger allocation
a future
of- Average edgbest, minimal.”
those are
that were
initially
Dow for
Jones
Industrial
profits.
So shares
what should
be made
of thepurfact that
Trump
went
to war
with
ing up 0.25% on the week, to
What Lesokhin
would
like
to professee is a
chased
by theblueprint
large customers
of the fering.
can
tax-reform
released Wednesday
contains no lansional athletes
after he
called for
22,405.09,that
and shares
the Standard
&IPO is testing an app that will let
ClickIPO
doesn’t
guarantee
rating
system
for
software
security
and
issuing
bank,
and
then
“flipped.”
So
Click
guage eliminating the so-called carried-interest loophole?
refused
to you
stand
500even
index
up 0.68%
to investors buy IPOs via their online
users,
those
reliability,players
similarwho
to the
sticker
seeforon
instead of being allocated shares at the will be allocated to itsPoor’s
small
According to several tax-reform experts, not much. “A lot
national anthem
to be fired.
2519.36.
prices entered
The U.S.
firm oil
doesn’t
electronicthe
equipment.
“Electronics
have a
IPO price set by the issuing bank, retail with high investor scores.
broker. bullwas left out of the outline that will be dealt with by Congress,”
Separately,
the
FBI
announced
market
territory,
hitting
a
two-year
stamp on them that says they won’t cause
traders end up buying or selling in the plan to publish the details of an individagainst 10 people involved
says
Chris
Krueger,
a Washington-based analyst
Cowen.
high.
thewhether
week, U.S.Software,
crude fu- a New York and Paris software a fire or charges
ual’swith
score,
but the app
tellsOnyou
short out your electrical system,
volatile
open
market.
in a college-basketball sneaker
tures
rose
$1.01,
to
$51.67
a
barrel.
“Carried
interest
may
be
a
huge
issue
for
Wall
Street,
but
in
ClickIPO plans to allow retail investors a particular behavior will raise or lower intelligence company, agrees that solving but in information technology, both regulascandal that involved bribery, fraud,
the
contexttheir
of the
broader
of through
tax reform,your
thisscore.
is crumbs
to indicate
interest
in issue
an IPO
these problems is going to take a while.
tory and and
disclosure
requirements are very
Health Bill Flops Again
corruption in recruiting.
on
the floor.” partner. Then the ClickIPO
a broker-dealer
When I went through
the
process
of
CAST
produces
an
analytical
package
weak,”
he
notes.
Another GOP measure to replace
app
aggregates
of the
orders
shares of Rhythm
PharmaceuAccording
researchers at Gartner,
Crumbs?
Try all
telling
that
to thecollected
managers requesting
of hedge funds,
Deal to
Flow
the Affordable
Care Actthat
wasexamines
pulled the source code of a particby its partners,funds,
and places
a single
order pools.
ticals Currently
(proposed ticker:
RYTM),
which
is
ular
application,
including
the
user
inter84%
of
hacking
attacks
thememoryappliprivate-equity
and other
investment
Toshiba agreedoccur
to sellatits
after three senators, including Ariwith pay
the 23.8%
underwriter.
Those
shares by
areinvestment
scheduled
to go public
on
Oct.
5,
I
was
face,
the
data
structure,
and
how
it
concation
layer,
which
means
the
crooks
get
chip
unit
to
a
group
led
by
Bain
they
on profits
generated
perforzona’s John McCain, refused to
then passed back to the
various
broker
prompted
enter the back
amount
perimeter
security
for nearly
$18using
billion.tricks
Genit. I wanted to nects through middleware. The analysis inside theCapital
mance.
If the
president
gets histoway,
partners, and the apptheir
figures
out how profits
invest.would
With abe
proposed price range of $14 looks at performance efficiency and at such as phishing.
These
are
to
eral Electric
said
it fake
wouldlures
sell its
investment
War
of the $5,000,
Words how changeable and transferable the persuadeindustrial-solutions
business
to
many shares each individual investor can to $16 for this offering,
I entered
someone with access
to a datataxed at a much higher personalA recent Natixis Global Asset
for $2.6 billion.
North
U.S. de- is, and generates an overall base to Switzerland’s
The
has
buy.White
WhenHouse
the offering
is complete, retail which the app says could
netKorea
me asclaimed
many the
technology
give up theirABB
credentials.
The
Management survey found that
income-tax rate—currently 39.6% for
clared
war
on
it,
and
threatened
to
instructed
Congress
investors will
see their newly purchased as 312 shares.
quality score thatinvestors
ranges want
fromtheir
one financial
(low) to
Equifax hack, for instance, happened at
Hacking
Fallout
high-income
earners. No commissions are
shoot
downby
U.S.
warplanes.
The
to
end the
carriedshares
in their
online brokerage
account.
charged
Clickto four
(high). Thelend
firmanwill
the application
layer,
as did the SEC’s
ear:be publishing
Gary
Cohn,
the
president’s
top
ecoRichard
Smith,
Pentagon
brushed
off the
threat,in the next few weeks based on Edgar database hack. chairman and CEO
interest
The loophole
app shows a list of initial and IPO for completed orders,
though
your
a paper
of Equifax, stepped down and the
and apply.
President
Donald
called
nomicwith
adviser,
noted
that the fees will
that
favoredpublic
hedgesecondary
offerings,
links
to Thursday
online broker’s
I plan
to Trump
its huge
database40%:
of analyses
thoseperformed
who want their Lesokhin encourages retail investors to
launched
search
for of
a
North
Korea
an
“outlaw
regime.”
White
House
has
instructed
the
confinancial
adviser
to
listen
more
fund
managers.prospectuses. You can filter use this app to keep an eye on the initial in the past few years—more than three ask their company
the companies’
online broker
abouta the
health
replacement. The credit-reporting
White
Houseand
also released
a
the list of offerings by type
(initialtax-writing
or sec- and
secondaryto
marketsThe
going
forward,
billion lines
of code and 2,500 mission- their systems.
Are they secure? Are they
gressional
committees
announced a massive
version of a travel ban that
30%:
share of those
who reliable? company
ondary),
status (active or
upcoming), and hope I can score somethird
shares.
critical applications.
It doesn’t
contain
“Give me a score,” he says. He
end
the carried-interest
loophole.
hacking attack in early September.
includes five predominantly Muslim
want
to
be
offered
investments
availability.
You
can click on
thehope
Follow
good news for those of us who use finan- would like to see cyber-risk discussed
Some in the
private-fund
world
they can benefit from
countries, plus Venezuela, North
button on
the company’s
page favorable
Security
hastax
long been
a
major
concern
cial applications. that reflect their personal values
upfront, with
a scoring system in place so
In Brief
another
provision
in the information
GOP tax bill—a
25%
Korea, and Chad.
in
the
app,
which
works
like
a
Twitter
folto
readers.
We’ve
questioned
online
brokers
Lesokhin says financial-services and that investors
understand
the
security

Hugh
Hefner, the
founder
of of
rate for so called “pass through” small businesses. But that
33%:
those who are currently
low, allowing you to build a list of compa- about their security practices
forina decade,
telecommunications
firms
post
among
the
their
data
and
accounts.
Despair
the
Caribbean
Playboy magazine, died at 91.
happy with what their financial
could be a pipe dream. “It isn’t clear whether…such a tax
nies that interest you. I’d like to see the and given the databasePuerto
breaches
lowest
scores in security.
On the bright
This isaJudge
topic Roy
we’llMoore
be coming
to
upsetback
Senator
Ricodisclosed
and the U.S.
Virgin
adviser is doing
would apply to a partnership like a hedge fund or hedge fund
ability to filter the list of offerings by recently, we clearly willIslands
have toremained
continue crippled
to side,more
utilities and energy-production com- frequently.

Luther
Strange in a Republican
general
partner
thatcurrently,
only earnsyou
investment-type
says
industry,
as well;
have to do income,”
so. Lev Lesokhin,
executive
viceafter
presipaniesMaria
rank highly,28%:
with government
enti-their
senatorial primary in Alabama.
than a week
Hurricane
share who want
Ted
Dougherty,
head
of
the
hedge
fund
practice
at
consulting
scroll through the entire list.
dent of strategy and rampaged
analytics through
at CASTthe Caribbean.
ties somewhere in
the middle.
A amajor
email: theresa@twcarey.com
 Health and Human Services Secadvisers
to provide
clear explafirm Deloitte.
—JOHN KIMELMAN
nation of fees
retary Tom Price resigned after
Some 1.6 million Puerto Ricans
25
13
INITIAL PUBLIC OFFERINGS CAN STIR UP A
Dow Indicator
The Numbers
Pay More
From left: William Waitzman; Zach Trenholm for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Tax Hikes for Hedge Funds?
s
remain without power, 42% of the
criticism of his use of private planes.
Talking With
Amy Zhang
For more
Portfolio
Manager,
Alger Small Cap Focus
Holiday
Hiring Outlook
information about coming
economic reports–and
what they mean–go to
Barrons.com’s free
Economic Calendar.
Friday 6: The government’s September employment
report will offer clues to the strength of the economy.
Monday 2
ence calls on earnings.
brief investors and analysts.
tember is reported.
The ISM manufacturing index for Sep-
Sherwin-Williams, Intuit, and NetApp
meet with investors and analysts.
A Senate committee looks at the
Equifax cybersecurity breach.
Dallas Fed President Robert Kaplan
Lockup restrictions expire on Elevate
Markets are closed in Israel through
IPO lockup restrictions expire on Hess
Markets are closed in Germany. South
Korea’s markets are closed for the
rest of the week.
Thursday
Markets are closed all week in China
Wednesday
participates in a moderated Q&A
before the “Dialogue with the Fed
Luncheon” in El Paso.
Midstream Partners.
for National Day Golden Week celebrations. Closed today: Hong Kong
and India.
Tuesday
3
Lennar, Paychex, and IDT host confer-
Coming Earnings
Year
Ago
$0.67 $1.09
0.60 0.60
1.01 1.01
0.48 0.55
More Earnings on Page M40
ADP releases its September employ-
ment report.
The ISM nonmanufacturing index for
An economic advisor to Japanese
Prime Minister Shinzo Abe speaks
about the Trump administration’s
impact on policy and U.S.-Japan relations at Japan Society in New York.
remarks at the Community Banking
in the 21st Century Research and
Policy conference in St. Louis.
UBS Group Chairman Axel Weber
speaks at the Swiss Finance Institute
annual meeting in Zurich.
BWX Technologies and Mallinckrodt
Time
Consensus Est
10:00
August Construction
TH
8:30
10:00
August International Trade
August Factory Orders
F
8:30
8:30
10:00
3:00
September Nonfarm Payrolls
September Unemployment Rate
September Wholesale Inventories
September Consumer Credit
5
Challenger, Gray & Christmas reports
Philadelphia Fed President Patrick
Harker speaks at the Investing in
America’s Workforce conference
hosted by the Fed, as does Kansas
City Fed President Esther George.
San Francisco Fed President John Wil-
liams gives the keynote speech before
the Community Banking in the 21st
Century conference.
Costco Wholesale, Constellation
Brands, and Yum China Holdings
host earnings conference calls.
Leucadia National and Clorox hold
meetings with analysts and investors.
Markets are closed in Hong Kong.
Friday
6
The September employment report is
released by the Bureau of Labor Statistics.
Consensus Estimate
Day
M
tomorrow for Sukkot.
on September job-cut announcements.
4
Fed Chair Janet Yellen gives opening
Consensus
Estimate
T
YUM! BRANDS (3Q)
PAYCHEX (1Q)
LENNAR (3Q)
AZZ (2Q)
Credit and Schneider National.
September is reported.
September auto sales are reported.
Day
September 25 through September 29, 2017
Last Period
0.3%
-0.6%
$-42.9 bil
0.8%
$-43.6 bil
-3.3%
75,000
4.4%
1.0%
$16.0 bil
156,000
4.4%
1.0%
$18.5 bil
Unless otherwise indicated, times are Eastern. a-Advanced; f-Final; p-Preliminary; r-Revised
Source: FactSet
FOR MORE INFORMATION about coming economic reports - and what they mean - go to Barron’s
Online’s free Economic Calendar at www.barrons.com
Dallas Fed President Robert Kaplan
participates in a moderated Q&A
before the Investing in America’s
Workforce conference. Atlanta Fed
Amy
Zhang
of Alger
President
Raphael
Bostic speaks at
the conference.
Small
Cap Focus looks
more
atreviews
revenue
than
Moody’s
Italy’s
credit rating.
atDates
market
value.
to Watch For: Page M34
Treasury Auctions: Page M39
“Help Really Wanted”
Big Ideas In
Small Stocks
by Sarah Max
AMY ZHANG’S INTRODUCTION TO INVESTING CAME IN THE
the U.S.
jobless
rateAs
at aa math
16-year
it could be
formWith
of C++
computer
code.
andlow,
computer
challenging
for
retailers
to
find
sufficient
holiday
sales
science major at Manhattanville College in Harrison,
N.Y.,help
Zhang
at a wealth
management
thisinterned
year. Anecdotal
evidence
suggestsfirm,
they’re
debugging
a program.
experience
piqued her interest
stepping
up theirThe
efforts
to recruit.
in finance.
“It
was
totally
new
to
me—it
requires
constantCusCraig Johnson, president of retail
consultant
learning,”
says
Zhang,
who
was
born
and
raised
in of
tomer Growth Partners, reports that the number
Shanghai and moved to the U.S. at age 17 after receiving
“hiring” signs at 50 retailers across the country rea scholarship to a private high school in New Mexico.
cently
his research
team
was up
Inspired visited
by the by
internship,
Zhang
changed
herabout
major40%
from
a
year
ago.
The
number
of
temporary
hiring
to economics, with a concentration in finance. She comdesks
at the front ofstudies
the stores
was
roughly
double
pleted
her undergraduate
in three
years,
and was
that of
a year
ago.Ph.D. programs and Columbia
accepted
into
multiple
BusinessTarget
School;has
sheannounced
decided toplans
go fortothe
M.B.A.,
though
hire
100,000
workers
she deferred
her studies
years of
to 30%
workfrom
as a fixedfor the holiday
rush,for
antwo
increase
last year,
income analyst. “I gravitate toward
complexity,”
she says.
according
to Challenger,
Gray
“I like to take complex things
and
break
them
& Christmas. And,down.”
like other
For the past 15 years, Zhang, now 46, has channeled
retailers, it will have to pay
is lifting
that Target
skill into
findingits
and vetting small, growing compamore to find help.
pay2015,
by $1,she took over Alger Small Cap
nies.hourly
In early
The Minneapolis-based
to (ticker:
$11, following
Focus
AOFAX) and retooled
the fund, whichbigbox
chain
has
announced
Wal-Mart’s
lead,
as to create a concentrated
had $14
million in
assets,
port-it is
raising
workers’
minimum
to lure with less than $500 million
folio retailers
of some seek
50 companies
holidaywhen
workers.
in revenue
she invests.wage
(Sheto
considers
a
$11 fromrevenue
$10 an hour.
better gauge of size than market
value.)
$537
Target’s
payThe
hikenow
comes
after
million
fund has
returned
average
of 10.9%
a year
a similar
increase
by an
rival
Wal-Mart
Stores,
which
over has
Zhang’s
tenure,
better than
the
8.7% for
the over
Rus- the
raised
its minimum
wage
several
times
sell 2000
It has beaten 83% of its peers
past Growth
couple ofindex.
years.
in that period, according to Morningstar.
Target reported weak holiday sales for 2016, and
Zhang taps into Alger’s central research group, but
its
shareswith
are down
almost
this year.
As Johnson
works closely
her own
team20%
of three
analysts
and
sees it,associate.
“If you’reThough
a Target,
can compete
a research
allyou
generalists,
theyeither
have on
price in
or sectors
on service,”
“Target is
going
make
expertise
that he
aresays.
the primary
focus
of to
this
service
a key
fund:front-line
technology,
health
care,differentiator.”
consumer discretionary,
industrial
and financials
As growth,
for the wage
increase, (namely
Johnsonfintech).
says, “the comInvestors,
Zhang
says, to
shouldn’t
confuse ofsmallpany is saying
it wants
be an employer
choice.”
growth companies with start-ups. Most of the companies
Target executives didn’t return Barron’s calls.
in her portfolio have at least
continued on page 26
Targeted
Edited by Robin Goldwyn Blumenthal
Laura Barisonzi for Barron’s
William Waitzman for Barron’s
12
24
14
BARRON’S
October 2, 2017
LiLAC Group, a tracking stock representing John Malone’s Latin American and Caribbean cable assets,
looks poised to rally from depressed levels as the region recovers from this year’s hurricanes.
Blue Skies Ahead for Malone’s LatAm Cable Play
by Andrew Bary
Michael Kovac/Vanity Fair/Getty Images
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
INVESTING ALONGSIDE BILLIONAIRE CABLE-TV MAGNATE
John Malone has been a lucrative strategy for more than
30 years.
In the past year, several Malone-controlled companies
have been big stock market winners, including Liberty
Braves Group (ticker: BATRK), a tracking stock reflecting ownership of the Atlanta Braves baseball team.
One sleeper in the Liberty universe is LiLAC Group
(LILAK), a tracking stock issued in July 2015 by European cable operator Liberty Global (LBTYA). It reflects
Liberty’s ownership of an array of cable-TV, broadband,
and telecom operations in Chile, Puerto Rico, and 17
other markets in Latin America and the Caribbean, plus
the Seychelles, serving about 10 million subscribers. The
LiLAC tracker has fallen nearly 50% in the past
16 months, to a recent $23, and sold off most recently on
fears about the company’s Puerto Rico exposure, after
Hurricane Maria hit the island in late September.
Yet LiLAC’s growth prospects are attractive, as are its
depressed shares. “The company offers a way to capture
the increased penetration of multichannel TV, broadband,
and wireless voice across 20 markets,” says David Joyce,
an Evercore ISI analyst who carries an Outperform rating on the stock and a price target of $30.
John Malone
LiLAC, which stands for Liberty Latin America & the
Caribbean Group, has projected 7% to 9% annual growth
in operating cash flow, but might not hit that goal this ing Class B shares (LILAB).
year, due to the impact of Hurricanes Irma and Maria.
The other two share classes are LILA, with one vote,
Part of the investment case is that broadband penetration and the more liquid, nonvoting LILAK. Malone is chairwill increase in many of the company’s markets, as Li- man of Liberty Global, the issuer of the LiLAC trackers.
LAC upgrades its infrastructure and incomes rise.
Evercore’s Joyce says the damage to LiLAC’s Puerto
LiLAC more than doubled its revenue after buying Rico cable infrastructure should be covered by insurance,
Cable & Wireless Communications for $7.4 billion (includ- though any lingering economic distress would affect reveing assumed debt) last year. The deal gave LiLAC broad nue and earnings. Full restoration of electric power on
exposure to the Caribbean and the largest fiberoptic net- the island could be weeks or months away. Joyce cut his
work in the region, although its high price, and initially 2017 operating-cash-flow estimate for LiLAC by 3%, to
disappointing results, pummeled the stock.
$1.4 billion, to reflect Maria’s impact on Puerto Rico and
But Malone, 76, is a deal maker, and LiLAC could con- Irma’s effect on several Caribbean islands. LiLAC is extinue to make acquisitions. Mario Gabelli, chief invest- pected to generate $3.7 billion of revenue this year.
ment officer of the Gabelli Funds, says Millicom InterPuerto Rico accounts for 14% of LiLAC’s operating cash
national Cellular (MIICF) is a logical merger partner. flow. Islands affected by Irma contribute 2% of revenue.
Buying Millicom would be bullish for LiLAC’s business
If LiLAC’s Puerto Rico facilities never operate again,
over time, he says.
one investor tells Barron’s, the hit to the company would
In a notable sign of confidence, Malone bought 1.6 be about $3 a share. That’s an unrealistically dire scenario.
million LiLAC shares in the open market in July, at av- Before the hurricane, Liberty Cablevision of Puerto Rico,
erage prices near current levels. A Malone open-market 60%-owned by LiLAC, was lucrative and had been
purchase of a Liberty company’s shares is unusual; the expected to generate about $200 million of operating cash
most immediate prior transaction ocflow this year. Liberty dominates cable
curred in 2013. Malone’s initial purTV on the island and boasts a nearly 50%
The Bottom Line
chase ignited an 11% rise in LiLAC
operating profit margin, better than U.S.
Liberty Global’s LiLAC Group
shares, to $24.20. Malone now has an
cable giants Comcast (CMCSA) and
could be worth at least $30
estimated 6% of the company and conCharter Communications (CHTR). Lia share as the business
trols about 25% of the vote through his
LAC has not yet provided an update on
grows, up from a recent $23.
ownership of most of LiLAC’s supervotthe impact of Maria on its business, and
PRIME TIME FOR LiLAC
The regional cable and telecom company, controlled
by John Malone’s Liberty Global, has solid growth prospects
and discounted shares. It bought Cable & Wireless last year.
Recent Price
$22.89
YTD Change
8%
LiLAC Group
(LILAK - Nasdaq)
$4.0
Weekly close on Sept. 28
$50
2017E Revenue (bil)
$3.7
30
2017E Operating Cash Flow (bil)
$1.4
Market Value (bil)
2017E Enterprise Value/Cash Flow
Estimated 2017
Revenue
(mil)
936
$2,327
414
10
7.9
’16
’17
Estimated 2017
Operating Cash Flow
(mil)
Chile
Puerto Rico
371
204
$844
Cable & Wireless*
E=Estimate *Acquired in 2016, C&W serves 18 markets in Latin America, the Caribbean,
and the Seychelles
Sources: Evercore ISI; Bloomberg; company reports
its executives weren’t available for comment.
LiLAC is performing well in Chile. Revenue there
rose almost 10% in the latest quarter, to $231 million, and
operating cash flow gained 13%, to $92 million.
One holder likens LiLAC to a private-equity vehicle
guided by the world’s best cable investor, but without
private equity’s fat fees. Malone has never been afraid of
leverage, and LiLAC is no exception. It has debt of more
than $6 billion, and an equity market value of $4 billion.
ScotiaBank analyst Andres Coello cited LiLAC’s “attractive” valuation in a client note last week. Its shares
fetch less than seven times his estimate of 2018 earnings
before interest, taxes, depreciation, and amortization.
That’s a 32% discount to the average of Liberty Global;
Mexico’s Megacable Holdings (MEGACPO.Mexico); and
Grupo Televisa (TV), the Mexican TV giant. Coello rates
LiLAC Outperform, with a $36 price target.
Liberty Global plans to spin off LiLAC by the end of
the year, ending its tracker status. That could be bullish
for the shares. Investors prefer asset-based companies to
trackers, and some institutions can’t own trackers. The
change will also make it easier to do deals.
The bear case for LiLAC is that Maria will be a costly
disruption for an extended period. That seems too harsh.
With operations throughout the Caribbean and Latin
America, the company probably can handle the impact of
the two hurricanes, and keep growing nicely. October 2, 2017
BARRON’S
15
Invesco’s PowerShares is still a distant No. 4, but buying
Guggenheim’s ETFs was a smart move.
Invesco CEO
Marty Flanagan
A Secret Ingredient in the
Invesco ETF Deal
by Crystal Kim
hemoths, consolidation among the multitude of smaller firms is to be expected. Invesco, the No. 4 player in the hugely lopsided exchange-traded fund industry, has
been steadily eyeing potential deals. On
Thursday the firm said it would buy Guggenheim Investments’ $37 billion ETF
business for $1.2 billion.
Barron’s reported rumors of the deal on
Aug. 3. “It’s possibly the worst-kept secret
in the world,” Marty Flanagan, CEO of Invesco, told Barron’s with a laugh in an exclusive interview just before the announcement. The Atlanta-based firm (ticker: IVZ)
has $907 billion in assets under management, with $159 billion of that in its PowerShares ETFs.
A source familiar with the deal said
Guggenheim pushed Invesco to buy its entire retail-fund business, including $30 billion in mutual funds. But that piece, as we
predicted, was left behind due to redundancy in the product lineup, Flanagan told
Barron’s. Guggenheim’s ETF business, he
says, was more of a “natural fit.”
Even with the additional $37 billion in
ETF assets, Invesco’s PowerShares remains a distant fourth to the Big Three:
BlackRock’s (BLK) iShares have $1.2 trillion, Vanguard Group has $783 billion, and
State Street (STT) Global Advisors’ SPDRs have $558 billion. Together, that’s 83%
of the $3 trillion ETF industry.
Invesco shares closed up 2.2% to $35.04
on Friday. Wall Street analysts regarded
the deal as positive, but not enough to substantially change their outlook.
The news may not be great for the
stock in the short term, but it’s a smart
move by Invesco for the long term. The
deal reflects the state of the asset-manage-
The Bottom Line
Invesco’s $37 billion acquisition of
Guggenheim’s ETF business may not
help the stock in the near term, but it
is smart strategy for the long term.
ment industry at large, and where it’s
headed next. ETFs have seen explosive
growth in the past decade with the activeto-passive and high-cost-to-low-cost revolution taking hold. That has put the hurt on
active management shops. Now, asset managers are scrambling to develop differentiated products, especially in fixed income
and alternatives. “Asset managers are migrating their business models away from
areas that are commoditized, such as largecap U.S. equity, and toward niche markets
where active has a better perceived opportunity to outperform,” says Chris Shutler,
a William Blair analyst who has a Market
Perform rating on Invesco shares.
The deal, which is expected to be
funded via cash and debt, includes a “tax
shield” that reduces the net price to $840
million, Shutler estimates, but he has
“mixed feelings.” “Flow dynamics should
improve, add a few billion,” he says, “but it
takes a lot to move the needle at Invesco,
and it has a challenged actively managed
U.S. equity funds business.” The price paid
is more reasonable than initially rumored,
but while the BulletShares franchise is an
attractive addition to the PowerShares
lineup, Shutler wrote in a note after the
announcement that Invesco “won’t be immune from pricing pressure in the factorbased space forever.”
The Invesco/Guggenheim deal might
strike some as a play for scale, but PowerShares, which will have $196 billion in assets after the acquisition, won’t move up in
the ranks. Invesco’s Flanagan stresses that
the acquisition was more strategic than an
asset grab. The firm is focused on being
able to provide more products and strategies to more clients, he says. “We don’t
have size goals, but let’s get real, scale
matters,” he says. “We just want to get
there by meeting client needs.”
The crown jewel of the deal has largely
gone ignored: Guggenheim’s regulatory
approval to self-index. Only a handful of
firms have permission from the Securities
and Exchange Commission to launch products based on indexes they create them-
Invesco (IVZ) at a Glance
Marty Flanagan
CEO
$35.04
Price
12.6
2018E P/E
Assets under management* (bil)
No. of ETFs/AUM* (bil)
281/$159.4
No.of mutual funds/AUM* (bil)
Guggenheim adds
$906.7
597/$462.7
$37 billion in 79 ETFs
E=Estimate *As of 8/31 Sources: Bloomberg, company reports
selves, rather than licensing a methodology
from an index provider. That leads to easier, and more lucrative, product creation—
an important trend in the current environment. “Most firms don’t have self-indexing
capabilities, but with it you can literally
build an index based on client demand and
[launch] an ETF off it,” Flanagan says.
The ability to self-index also gives Invesco a leg up in direct indexing, which
could be what eventually disrupts the ETF
industry, much as ETFs have done to mutual funds. With direct indexing, investors
(primarily institutional) can own all the
stocks in an index in their own brokerage
account, rather than a pooled fund—enabling them to manage the tax implications
on a security-by-security basis.
That’s probably why Invesco was willing to pay up for Guggenheim’s suite of 79
mostly nonmarket-capitalization-weighted
ETFs, which includes the $13.6 billion
Guggenheim S&P 500 Equal Weight
ETF (RSP); the $8.9 billion in BulletShares, which are essentially bond ETFs
with a maturity date; and alternative
ETFs. All fit reasonably well with PowerShares’ lineup, including its smart-beta
ETFs and its five newly launched marketcapitalization-weighted ETFs.
The firm knows it can’t compete with
the Big Three in its market-cap-weighted,
broad-market ETFs, but the move goes
back to Invesco’s emphasis on “solutions,”
Flanagan says. Invesco bought robo-advisor Jemstep, a platform for financial advisors to use, in early 2016. Those advisors,
and many institutional clients, want some
“plain vanilla” options. “It is still early
days, but Jemstep has all the makings of
being as successful as PowerShares was in
2006,” says Flanagan. “By the middle of
next year we’ll probably have relationships
with north of 20,000 advisors that we’ve
never had before.”
Invesco also strengthened its foothold
in Europe when it acquired ETF specialist
Source earlier this year. That deal moved
Invesco to No. 7 from No. 19 in the region.
What does this mean for Guggenheim?
Its management team has reportedly been
struggling to stay in step with one another,
though the firm denies any problems. In
terms of asset management, Guggenheim
is left with a middling mutual fund lineup;
of the 24 Guggenheim funds with five-year
track records, 11 rank in the bottom half of
their category for five-year performance,
according to Morningstar. Its three largest
and best-performing mutual funds rely on
veteran bond manager Scott Minerd’s leadership. It also has $164 billion in institutional money from insurance companies,
plus its investment banking and insurance
divisions. Jerry Miller, president of
Guggenheim Investments, said in an email:
“Guggenheim remains committed to individual investors through our award-winning suite of mutual funds, closed-end
funds, and unit investment trusts.” Chris Hamilton/Courtesy of Invesco
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IN AN INDUSTRY DOMINATED BY THREE BE-
16
BARRON’S
October 2, 2017
An Interview With Scott Galloway
Professor of Digital Marketing, NYU
Tech Giants
Play the Game
Of Thrones
C
himps, babies, Taylor Swift—these are
common subjects of viral YouTube videos.
Marketing professors, not so much. Yet
New York University’s Scott Galloway
has racked up millions of views talking
about brands, big tech, and who’s disrupting whom. Part of the appeal is his deadpan delivery of peppery one-liners. Google Glass, the
head-mounted display shaped like eyeglasses, isn’t a
wearable, he once told a conference: “It’s a prophylactic,
ensuring you will not conceive a child, as no one will get
near you.” But the former Morgan Stanley bond analyst
and serial entrepreneur, who runs a business-intelligence
firm called L2 when he isn’t teaching, also has a reputation for prescience. “I can’t imagine why they wouldn’t
buy Whole Foods Market,” he said of Amazon.com
(ticker: AMZN) in a June interview. Five days later, Amazon announced the deal.
Barron’s recently sat down with Galloway to discuss the
rising power of America’s tech giants, which he writes about
in a new book, The Four: The Hidden DNA of Amazon,
Apple, Facebook, and Google. Our talk has been edited for
space and clarity. Videos of the full conversation are available at Barrons.com.
Barron’s: Let’s start with “Amazon the Destroyer,” as you
call it. You say Amazon’s core competency is storytelling.
What do you mean by that?
Galloway: Despite the fact that this company hasn’t always
Benedict Evans for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
by Jack Hough
been profitable, and has hit certain bumps in the road,
whether it’s their phone or attempts at auctions, the market keeps bidding the stock up. As a result, Amazon plays
by a different set of rules. It has replaced profits with vision and growth. Typically, tomorrow at some point has to
become today in terms of investors’ patience, but we’ve
never seen a company with access to capital this cheap in
the history of modern business. Amazon can now borrow
at a lower rate than China.
I believe that every time Amazon makes a mistake and
becomes profitable one quarter, Chief Executive Jeff Bezos
calls his management team into a room and says, “You
screwed up. Greenlight everything.” That’s because they’ve
changed the compact with the markets through storytell-
“The most profitable, fastest-growing business in tech is the cloud. Who is
No. 1? Amazon. This company is just swallowing industries whole.” —Scott Galloway
October 2, 2017
ing. They have never got the markets used to the crack cocaine of profits, because once you go profitable, you take
that crack cocaine back away from the addict and he or
she—the market—gets very irritable. Amazon never fell
into that trap, with amazing storytelling.
What’s next for Amazon that we’re not watching?
Going right after Netflix [NFLX]. There is talk of their
acquiring some television networks to get scale and content
quickly and fill in some niches, because those assets have
been beaten down from a valuation standpoint and Amazon
has the ability to monetize them. Not just with advertising,
because if they create more intensity across their Prime
relationships, which are now 60% of U.S. households, then
they can sell more stuff to them.
You call Facebook [FB] the most successful thing in human history, period. How so?
There are about 1.3 billion self-identified Catholics. There
are 1.4 billion Chinese. If you look at the number of people
who adhere to some form of capitalism, it doesn’t get near
the two billion people who have a meaningful relationship
with Facebook. It is bigger than communism, capitalism,
the Kardashians. It is the most successful thing in the history of mankind if you look at the intensity of the relationship across Facebook and Facebook-owned properties.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
That was all of the Kardashians together?
All of them, yeah.
If it’s that big, where does it go from here? Where does
it find growth?
Facebook has pulled off this incredible hat trick with what
is arguably the best acquisition in technology in the past
20 years, and that’s Instagram. At the time, people were
saying that the child-CEO has really screwed up here and
paid $1 billion for a company with only 19 people. By most
standards, if you try to value Instagram now, it’s probably
worth somewhere between $60 billion and $150 billion. So
it has put an afterburner effect on the company, as has
likely WhatsApp. They keep finding growth.
Where do you come down on the issue of Facebook, fake
news, and the presidential election?
This could be, if they handle it poorly, the moment Facebook goes into structural decline. I don’t think they are
owning up to the fact that they are a media company. You
produce content. You run advertising against it. You have
large influence over society. Boom, congratulations. You’re
a media company. The fourth estate has extraordinary
influence and, with that, some responsibilities. Facebook
seems to be comfortable with the former, not the latter.
It looks as if Facebook has been co-opted rather
cheaply by Russians. And the notion that they can’t put in
place safeguards to check this, such as when an advertising
account is paid in rubles? I mean, that is literally a red
flag. So they need to get out in front of this issue. Martha
Stewart wasn’t put in prison for insider trading. She was
put in prison for denying the issue.
Now, Google. You talk about it in religious terms.
I believe Google is a modern man’s god. Our species
throughout time has needed a superbeing to fill in gaps
BARRON’S
around huge questions we are unable to answer. However,
as a society becomes more affluent and educated, church
attendance goes down. So we have this void. Google has
filled that void. If we were to look at everything you have
ever put in that search query box, we would probably come
to the conclusion that you trust Google more than any
priest, rabbi, boss, mentor, coach, professor. If something
goes wrong with your kid, your whole world stops. You
start praying and you look for some sort of divine intervention that sees everything and then sends you back an
answer. Will my kid be all right? So you type “symptoms
and treatment of croup” into Google. We trust Google more
than any other entity. It is our god.
Google’s parent, Alphabet, also owns YouTube. Now
Facebook wants to do more video. How does this competition shake out, and what does it mean for television?
Facebook, by virtue of its huge audience, is immediately a
player overnight. These two can peacefully co-exist. The
bleeding carcass of traditional broadcast advertising is so
big. TV advertising in the U.S. is $60 billion. There is
enough baffled prey for both of them to go after. It is bad
news for broadcast media. I believe we are experiencing
the death of the advertising-industrial complex. The last
firewall of broadcast TV was sports, and when you look at
how sports viewership is aging—you are soon going to see
the deeper-pocketed Amazon, Apple, Facebook, or Google
go after and get the World Cup or the Super Bowl—it is
just bad news for any ad-supported media.
Let’s talk about Apple [AAPL]. You have a slide that you
show where you have various body parts. Google is the
brain, because that’s where people go to ask things.
Facebook is the heart, because people keep their relationships there. Amazon is the stomach because it’s all
about consumption. Apple is the private parts. What’s
the connection?
Apple draws on the second most powerful instinct behind
survival—procreation. The luxury industry has created
more wealth in the past 20 years than any other industry
with the exception, I think, of finance, and this taps into
our need to procreate, our need to feel more attractive to
the other sex. The watch you are wearing isn’t a timepiece.
It’s an attempt to signal to people that, if they mate with
you, their kids are more likely to survive than if they mate
with someone who’s wearing a Swatch.
Apple is the new signal of wealth, of creativity, and that
you’re part of the innovation class, and that you have better genes. The price premium is irrational, but we’re willing to pay a lot of money to seem more attractive to other
people. So, it’s kind of the opposite of having ad-supported
Pandora or paying with a Discover card, which I think says
to potential mates you have bad genes. I think this is the
way you say mate with me. If you have an iPhone, it means
you come from a wealthier household and will pay a $1,000
for a phone you can get for $200 elsewhere.
17
I think Apple’s roots in education give it unbelievable license to go into that business. I mean, my class generates
$160,000 in tuition for each night I teach. They don’t pay
me that much. My agent, NYU, takes a 97% commission
on that. But when you think about that, it’s ridiculous,
and it has some very negative outcomes for our society
in the form of debt on young people. So what could Apple
do to really change their role and to think different?
Start the largest creatively driven low-cost university in
the world.
Let’s play Game of Thrones. These are four impressive companies, but they can’t all be the best in everything they do,
and increasingly, they are starting to compete against one
another. Who’s going to come out on top?
So, who ascends to the Iron Throne, if you will? Right now,
the good money is on Amazon. Where the others are
bumping up against Amazon, they are losing. In search,
you think of Google. That’s their domain. But in terms of
product searches, Amazon’s share went up from 44% in
2015 to 55% in 2016. Some people would argue that Amazon
is becoming a search engine with a warehouse attached to
it. In hardware, Apple has given up a lead in voice with
Siri, which is now getting the crap kicked out of it by the
buttery voice of Alexa. The most innovative hardware
product of 2015 and 2016 wasn’t the Apple Watch. It was
Amazon’s Echo.
If you look at trying to garner digital marketing dollars
from the corporate world, Amazon’s media group is now
growing faster than Facebook or Google. A billion and a
half dollars in revenue last year—triple the size of Snapchat, creeping up on Twitter. The most profitable, fastestgrowing business in tech is the cloud. Who is No. 1? Amazon. The infrastructure, the moats, the momentum. It was
No. 7 in video streaming in 2015, and now it’s No. 3, going
after Apple iTunes and Netflix. This company is just going
everywhere and swallowing industries whole.
Does Amazon become so powerful at some point that
government has to step in and break it up?
I believe it will, unless Amazon spins off its web-services
business first. One of the four—or all of them—is going to
have regulatory intervention because the worm has
turned on big tech. The left doesn’t like them because of
job destruction and because it looks as if elections were
circumvented. The right doesn’t like them because they
don’t feel like they have a seat at the table of this new
kind of political leadership. So you are going to see one
of these companies come under attack, and it could be any
of the four.
Margrethe Vestager, the commissioner on competition
in the European Union, seems to be the only regulator in
the world who is levying real fines against these people.
You are going to see the first $10 billion-plus fine against
one of these four companies in the next 12 months, and it
is going to come out of Europe. The real estate isn’t going
up in Hamburg. It’s going up in Palo Alto. America gets a
You have a part in the book where you talk about what
lot of the benefits of these four companies, with some of
Apple should do with its cash. You say start a college.
the downside. Europe gets all of the downside and not
The way you identify an industry ripe for disruption is much upside. The war is going to start, as it has throughyou look at whether the price increases are greater than out history, on the continent of Europe.
inflation and justified with underlying innovation. The
one industry that is most ripe for disruption is education. Thanks, Scott. 18
BARRON’S
October 2, 2017
The business-jet market is showing signs of life after a
long slump. Why General Dynamics is the way to play it.
Ready to Fly High Again
Annual business-jet deliveries peaked
in 2008 at 1,317 planes, according to the
General Aviation Manufacturers Association trade group. Since then, consistent
growth has been elusive, in part because
of a glut of used jets that hurt both resale
values and prices of new jets.
by Lawrence C. Strauss
The Gulfstream G650, made
by General Dynamics, has a
range of up to 7,000 miles.
THE BUSINESS-JET MARKET, WHICH HAS
Gulfstream
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
The glut is gradually shrinking. “The
struggled since the Great Recession, is
showing signs of a comeback. While that
potentially could benefit the entire industry, the plane maker that offers the most
promise to investors appears to be General Dynamics, whose Gulfstream models
are among the most popular corporate jets.
The other major players include Textron (ticker: TXT), which owns the Cessna
franchise; Embraer (ERJ), the Brazilian
upstart that has made inroads at the lower
end of the market with its Phenom planes;
and Canada’s Bombardier (BBD.Canada),
whose products include the Learjet.
In August, U.S. takeoffs and landings
by business jets increased 5.7% year over
year, the biggest rise since September
2014, according to the Federal Aviation
Administration. July’s activity was much
softer, but increases in the previous four
months averaged 3.5%. “The strong
August could set up the next couple of
months for solid growth, and we now see
2017 utilization up close to 3.5%,” analyst
Myles Walton of Deutsche Bank Markets
Research wrote recently.
Although the fundamentals are improving, 2017 aircraft deliveries are expected
to be only flattish with last year’s, which
were down 8% from 2015’s 616. The industry took a symbolic hit recently when
General Electric (GE) announced that it
would ground its fleet of corporate jets to
cut costs, and instead use charter flights.
In addition, demand in emerging markets,
including China, Latin America, and Eastern Europe, which helped fuel sales earlier in the decade, has been weak, although it has stabilized lately.
Nonetheless, the long-term outlook “is
better than at any time post–financial crisis,” says Drew Lipke, an analyst at Stephens who sees a recovery becoming more
apparent in 2019, although he doesn’t have
a specific sales forecast.
rate of pricing decline in the used market
has become more rational and more predictable,” says David Strauss, an analyst
at UBS (and no relation to the author of
this article). In line with that, in this year’s
first six months, 10.8% of all business jets
were for sale, about a percentage point
less than the level a year earlier, according
to Jetnet, an aviation consultancy. At its
worst, in 2009, during the financial crisis,
the tally topped 16%.
General Dynamics’ (GD) Gulfstream
models have done relatively well during the
industry slump. The G650 aircraft, which
can fly up to 7,000 nautical miles and seat
19 passengers, “has been a key driver that’s
allowed them to come through this downturn fairly well,” says Strauss. New G650
models sell in the $60 million range. Last
year, Gulfstream shipped 115 business jets;
in this year’s first half, 60.
General Dynamics’ aerospace business
is reasonably diversified, with about 20%
of its $8.4 billion in sales last year coming
from services, including maintenance. The
parent company also does a lot of business
with the Department of Defense, which accounted for half of its $30.9 billion of overall sales last year—providing ballast until
the business-jet market rebounds.
While the stock fetches 19.5 times the
$10.53 a share that General Dynamics is
expected to earn next year, it’s “definitely
not pricing in a recovery of Gulfstream,”
says Strauss, who thinks the shares, recently at $205, could hit $240 in 12 months.
Waiting for Takeoff
Business-jet manufacturers have struggled to grow in recent years, but there are signs that
the market is strengthening. Of the four shown here, General Dynamics looks like the best bet.
Company / Ticker
Recent
Price
1-Year
Market
Total
Value (bil) Return
Bombardier / BBD.Canada
C$2.21
C$5.0
Embraer / ERJ
$22.67
General Dynamics / GD
205.03
53.58
Textron / TXT
Dividend
Yield
Key Business
Jet Model
35.6%
N/A
Challenger 300/350
$4.2
26.3
0.6%
Phenom 300
61.4
33.8
1.6
G650
14.2
33.6
0.2
Cessna Citation Latitude
Note: Rockwell Collins, which United Technologies is trying to acquire, supplies cockpit instruments and cabin systems, but not business jets.
Sources: General Aviation Manufacturers Association; FactSet
Textron got about 25%, or $3.4 billion,
of its revenue from business-aircraft sales
last year. In 2015, the company launched
its Cessna Citation Latitude, a midsize jet
that can fly 2,700 miles. A more advanced
plane, the Longitude, is expected to be
rolled out soon.
Analysts anticipate that Textron, whose
products include Bell helicopters, will earn
$2.52 a share this year, about 10 cents
below 2016’s profits, and $2.92 next year. At
a recent $53 and change, the shares were
fetching 18.8 times forward earnings, well
above their average over the past decade,
according to FactSet. Lipke of Stephens
rates the stock Equal Weight, in part, he
says, because “there’s already a lot baked
into expectations.” That means potential
buyers would be wise to wait for a pullback
before pulling the trigger.
The main trading arena for Bombardier
shares is Toronto, although shares also
trade over the counter in the U.S. under
the symbol BDRBF. Business jets account
for about 35% of its sales.
But Bombardier, which has received
help from the Quebec provincial and
federal governments in Canada, faces stiff
headwinds. It has a heavy long-term debt
load—$8.8 billion, as of June 30. And its
costly C Series regional passenger-jet program, aimed at challenging Boeing and
Airbus single-aisle jets, got some bad
news last week when U.S. trade officials
said they would impose a large tariff on
any new sales to U.S. airlines. The stock
lost 7.5% of its value on Sept. 27 alone.
As for Embraer, it has made considerable headway in business jets and “is now
considered an established player,” says
Deutsche Bank’s Walton. Last year, it delivered 117 jets, 63 of which were its Phenom 300 model. It also sold more than 40
of its Legacy models, which are bigger,
more expensive, and can fly farther than
the Phenoms.
But because Embraer is relatively new
to this market, it doesn’t have the base of
existing planes for servicing and spare
parts that rivals do. That makes its operations less profitable—although the situation will improve over time. The company,
which made $1.58 a share last year, is expected to earn $1.71 this year. Throw in
worries about Brazil, however, which has
struggled with a deep recession and political corruption, and its stock doesn’t look
likely to fly too high anytime soon. October 2, 2017
BARRON’S
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
COVER STORY
There Goes the Sun
by Avi Salzman
and Bill Alpert
New tariffs on imports
could imperil the U.S.
solar-power boom. We
found one company
poised to keep gaining
no matter what.
C
heap imported solar cells have fueled an alternative-energy boom in the U.S.,
making solar cost-competitive with coal and natural gas in some states, and
persuading over one million American homeowners to generate their own power.
Now President Donald Trump is considering tariffs or other trade sanctions that
could slow the flow of foreign cells and protect the handful of remaining U.S. manufacturers. • But the help could come at the expense of the largest segment of the
U.S. solar industry—companies that sell and install solar panels—by pushing prices
higher. Trump’s decision also could coincide with a falloff in solar demand, prompting a worse-than-expected downturn. • Next year “will likely be the first year in
decades when the solar industry has not grown,” says Shawn Kravetz, the president
of hedge fund Esplanade Capital and a longtime solar investor. “That’s a splash of
cold water for a growth industry.” Although he’s “very bullish” on the industry’s
long-term growth, he’s nervous about the next year or two. • Trump hasn’t paid
much attention to solar power. His protectionist rhetoric tends to focus on tradi-
19
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
20
BARRON’S
October 2, 2017
RAZING THE ROOF
tional hard-hat industries like
tion, or SEIA, a trade group.
Who would solar-cell tariffs help or hurt?
steel and automobiles. But a
That boom was fueled by govtrade case brought by two
ernment subsidies and a deRecent Enterprise
P/E
Company / Ticker
Price
Value (bil) 2017E Comment
U.S. manufacturers is about
cline in the price of solar
to fall into his lap, demanding
cells, which have dropped
WINNER First Solar / FSLR
$45.88
$2.9
20.4
Its tariff-free products would benefit if U.S. prices rose.
a decision by January at the
40% since the start of 2015.
LOSERS Canadian Solar / CSIQ
16.84
2.9
10.5
Canadian products may or may not be targeted by sanctions.
latest.
In states with enough sunJA Solar / JASO
7.62
0.8
15.1
Tariffs would make its products pricier in U.S. market.
The two companies,
shine and generous policies,
Suniva and SolarWorld
solar-panel installers have
JinkoSolar / JKS
24.95
2.2
15.9
Largest producer; its products would become costly in U.S.
Americas, claim that foreign
been able to sell or lease panSunPower / SPWR
7.29
2.7
NM
This U.S. firm would, ironically, suffer for its overseas plants.
imports are killing the doels to consumers at rates that
Sunrun / RUN
5.55
1.9
7.3
Margins on its rooftop installations would be pinched.
mestic industry, forcing U.S.
provide electricity more
Vivint Solar / VSLR
3.40
1.4
NM
Residential installations would become more costly.
producers out of business.
cheaply than their local gasE=Estimate NM=Not Meaningful
Source: Bloomberg
Both firms have laid off hunor coal-run utility. Utilities
dreds of workers in the past
themselves, once reluctant to
year. Suniva is in bankruptcy, as is SolarWorld Americas’ be hurt, as they’d no longer have access to cheap cells. embrace the solar trend because it threatened their busiparent company in Germany. They brought a case before Manufacturers that produce solar cells overseas—including ness model, are now fully on board, tempted by declining
the U.S. International Trade Commission earlier this year, U.S.-based SunPower (SPWR), as well as Chinese firms prices and state mandates to generate renewable power.
asking the Trump administration to impose tariffs and price such as Shangrao-based JinkoSolar Holding (JKS), the With massive arrays of panels in open fields, utilities in
floors that could double the cost of imported cells. On Sept. world’s largest manufacturer, and Beijing-based JA Solar states like Arizona generate power this year at costs com22, the ITC agreed that the companies had been injured, Holdings (JASO), another large producer—would also see parable to fossil-fuel-powered plants.
opening the way for the White House to take action. “It’s their prospects dim.
While utilities and rooftop solar firms have thrived, U.S.
hard to see how this case isn’t another negative,” says
manufacturers have struggled to match the prices of foreign
Solar power generates only a pittance of U.S. electric- cells. The U.S. share of solar-module manufacturing has fallen
Kravetz.
If the White House pushes ahead with an aggressive tar- ity—about 1%. But it’s growing at a furious rate, accounting from 7% to 2% in the past decade; the Chinese now control
iff hike, the major beneficiary would be Tempe, Ariz.–based for 39% of new electricity generation in the U.S. last year, two-thirds of the market, according to GTM Research.
solar-panel maker First Solar (ticker: FSLR), the U.S. more than any other source. From 2010 to mid-2017, the
Suniva, an Atlanta-based company that grew out of a
industry leader, whose products would become cheaper than total installed solar capacity in the U.S. leaped from 2.3 Georgia Institute of Technology research lab, was briefly
those sold by foreign rivals. Conversely, residential solar gigawatts to 47.1 gigawatts, enough to power 9.1 million hailed by the Obama administration as a harbinger of
firms such as San Francisco–based Sunrun (RUN) would homes, according to the Solar Energy Industries Associa- America’s solar rebound. But it couldn’t keep up with larger,
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
government-subsidized Chinese factories that undercut its
prices. Suniva eventually sold a majority stake to—irony
alert—a Chinese firm. Suniva filed for bankruptcy in April.
SolarWorld Americas was once the largest U.S. manufacturer, employing more than 1,300 people at its factories. It
now has just 300.
The two companies blamed foreign competitors for their
woes. Suniva filed its ITC petition in April, claiming Asian
manufacturers were flooding the U.S. market with cheap solar cells, and SolarWorld joined the case. The trade commission ruled 4-0 that the U.S. companies had indeed sustained
“serious injury” from the flood of low-cost foreign cells.
Tariffs on Chinese solar-cell makers have been in effect
for years. But the Chinese producers simply shifted production to other countries, including Malaysia and Vietnam, the
U.S. producers charged. The latest petition was filed under
a rarely used section of U.S. trade law that would impose
trade restrictions on almost all countries for up to four
years. They could be extended to as many as eight years.
The next steps will determine the size of any tariffs or
quotas. On Oct. 3, the commission will hold a hearing to
consider possible remedies, and by Nov. 13, it will present
its recommendations to Trump. He then has 60 days—or
until Jan. 12, 2018—to decide whether to follow those recommendations or determine his own remedies.
The president hasn’t spoken out on the case yet. A White
House spokeswoman told Barron’s in a statement that
Trump will “examine the facts and make a determination
that reflects the best interests of the United States,” adding
that “the U.S. solar manufacturing sector contributes to our
BARRON’S
energy security and economic prosperity.” That last part
does seem to tip his hand toward some form of protection.
Peter Petri, a professor of international finance at Brandeis University, says Trump is “very likely” to impose tariffs, noting that tariffs and quotas are “routinely applied”
in such cases and that “he has campaigned on using these
instruments,” he wrote to Barron’s.
Petri says tariffs would do more harm than good because
they will drive up cell prices. “Will that add jobs? Not
likely,” he wrote. “High tariffs will just raise the prices of
imported panels and kill installation jobs.”
While the industry employs about 260,000 people, 65% of
those are in installation or sales, according to a 2016 report
issued by the nonprofit Solar Foundation. Only 38,000 work
in manufacturing. Because of that imbalance, tariff opponents say it’s much more likely that tariffs will hurt overall
U.S. employment than help it.
Analysts estimate that the price of solar modules—units
of multiple solar cells—would roughly double under Suniva’s
initial proposal, which included a tariff on solar cells of 40
cents per watt and a price floor for solar modules of
78 cents per watt. Modules have been selling for as little as
35 cents to 40 cents per watt in recent months. IHS Markit
has projected that U.S. demand could shrink as much as
60% through 2021. That could cost 88,000 of the 260,000
U.S. solar jobs, the SEIA estimates.
Suniva and SolarWorld proposed new remedies late last
week that would lower the tariff and the price floor, or combine a tariff with a quota.
But couldn’t tariffs persuade Chinese manufacturers to
21
shift production to the U.S., thus boosting employment?
Petri is skeptical, particularly because the tariffs are temporary. Foreign manufacturers won’t spend money on building
U.S. factories that will become obsolete so fast, he argues.
SolarWorld Americas CEO Juergen Stein considers
these kinds of claims overwrought. “It is quite the opposite,” he told Barron’s. In his view, trade restrictions would
set the industry in balance, allowing for growth in both manufacturing and installation like there was in 2015, rather than
the frenetic and unsustainable boom since then. “You will see
that the industry can grow again,” he says. A law firm hired
by Suniva estimated that its suggested remedies would lead
to an increase in solar employment of up to 144,000 jobs. As
if to accentuate the point, Stein announced last Tuesday that
SolarWorld Americas will add up to 200 jobs by next May.
To date, at least, the stock market hasn’t been as optimistic about a Trump tariff. Solar stocks fell in trepidation over
the days ahead of the ITC vote and further afterward.
It’s an abrupt turn after a good year for the industry. The
Guggenheim Solar exchange-traded fund (TAN) is up 31%
since Jan. 1, compared with the Nasdaq Composite’s 21%
rise. Those returns reflected the strong demand enjoyed by
the solar industry, as developers and installers raced to get
ahead of the threatened U.S. tariff and reductions planned
by China in 2018 for domestic solar projects. June-quarter
shipments of modules rose 68% year over year at JinkoSolar,
while shipments rose 89% at JA Solar. And the ITC’s move
toward tariffs may spur continued stockpiling of orders by
these companies’ customers in the year’s remaining months.
22
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
But that doesn’t mean these producers are making big
money. While June-quarter revenue rose 40% at Jinko, to
$1.17 billion, it earned just $7 million, or 28 cents per American depositary receipt. At JA Solar, the quarter’s revenue
rose 45% to reach $880 million, while earnings came to $20
million, or 42 cents per ADR. Even with this year’s burst
of demand, margins at the module makers narrowed
sharply. At Jinko, gross margins fell from 18.1% in
June 2016 to 10.5% in June 2017. At JA Solar, they
fell from 15.3% to 12.9%.
“One problem they have is a lack of differentiation and a lack of discipline,” says Morgan Stanley
analyst Stephen Byrd of the solar manufacturers.
“Manufacturers just keep increasing their manufacturing capacity, well in excess of demand.” Even
before accounting for the depressive effect of any
U.S. tariffs, Byrd and other analysts had been expecting global demand for solar modules to level off
in 2018, as solar installations slow in China’s giant domestic market, which accounts for more than half of
the world’s sales.
The U.S. market—the world’s second largest—is facing
a similar slowdown, and that could hurt foreign manufacturers, too. Rooftop solar installations in the U.S. are expected
to fall this year for the first time. Sales pitches that might
have worked on early solar adopters are proving to be a
harder sell, and installers are pulling back their marketing,
with some prioritizing profits over unit growth. Utility-scale
solar continues to grow, but overall solar-power growth is
set to fall in both 2017 and 2018, according to the SEIA.
Nevertheless, producers like Jinko have kept adding
capacity. Byrd expects that solar-module production capacity will exceed the world’s demand next year by a whopping
35%. Tariffs in the U.S.—and any retaliatory tariffs by other
countries—could make that excess capacity worse. Jinko and
JA Solar declined a request from Barron’s to talk about the
trade case.
“Unfortunately, all the things that have made 2017 a little
bit better than expected will make 2018 a little bit more challenging,” says Esplanade’s Kravetz. It wouldn’t be the first
time that a solar-sales boom has been followed by a bust, he
notes, which is why he looks to buy the stock of a solar manufacturer only when the market has left it for dead.
At 16 times the consensus forecast for 2017 earnings,
Jinko’s recent price of $24.95 values its ADRs well above
their historical average of six times earnings. At $7.62, JA
Solar’s ADRs go for a multiple similar to this year’s earnings
(and for more than the $6.80 per ADR offered in June by
the company’s CEO, in a going-private proposal). If the companies’ already-thin earnings get pinched by overcapacity
and tariff-curtailed demand, their shares have room to fall.
Toronto-based Canadian Solar (CSIQ) is also a large
overseas producer of modules and a target of Suniva’s ire.
With some plants in Canada, Canadian Solar might be able
to shift more production there to benefit from the North
American Free Trade Agreement, though the administration could still choose to punish the company.
SunPower is a different story. Founded over 30 years
ago by a Stanford University professor, the San Jose,
Calif.–based company has long made high-purity solar cells
that are among the industry’s most efficient. The problem
is that most of those cells are manufactured in Southeast
Asia and could get slapped with tariffs under an ITC action.
Although SunPower is two-thirds owned by French
BARRON’S
October 2, 2017
TOO MUCH SUN
Global demand for modules of solar cells has grown, but
production has grown even faster, as Chinese firms expand
capacity at a breakneck pace.
SOLAR SUPPLY AND DEMAND
Global Solar Demand
Solar Module Production Capacity
Gigawatts
84
80
65
72
41
40
2013
98
92
2014
E=Estimate
67
47
2015
2016E
2017E
Sources: Morgan Stanley; NEA
Prices have plunged, benefiting consumers and the climate, but
crushing the profits of U.S. manufacturers—who now want trade
protection.
POLYSILICON SOLAR MODULES
U.S. COST PER WATT
$1.20
1.00
.80
.60
.40
.20
0
Quarterly
2012
2013
2014
2015
2016
2017
Source: PVinsights
energy giant Total (FP.France), the rest of its shares trade
on Nasdaq for $7.29 each. The company says it employs
1,300 people in the U.S. SunPower ran at a loss for the past
couple of years and had negative gross margins in this
year’s March quarter. In the June quarter, it lost $94 million, or 67 cents a share, on revenue of $337 million. SunPower had hoped to return to profitability in 2018, but a
tariff on its products would threaten that recovery.
CEO Tom Werner says the trade petition seems to
uniquely target SunPower. “It’s kind of absurd,” he laments.
“We’re an American company, and we face potential tariffs.”
He hopes the administration will pay heed when he testifies
on Oct. 3.
The largest group of U.S. businesses hit by solar tariffs
would be those that buy imported modules for installation on
homeowners’ roofs or the big arrays developed for utility
companies. About two-thirds of these companies are small
businesses. After last year’s acquisition of SolarCity by Tesla
(TSLA), there remain just two public companies focused on
homeowners: Vivint Solar (VSLR), based in Lehi, Utah, and
Sunrun, with some 7% and 13% of the market, respectively.
Despite revenues growing to about $73 million in the
quarter ended June 2017, Vivint has consistently lost money
and run negative gross margins. It can obviously ill afford
higher costs on its imported solar materials. Since June, the
company’s shares have slid from $6 to $3.40.
Shares of Sunrun have fallen about 17% in the past month,
to $5.55, with the ITC case threatening the company’s margins. The valuation argument made for Sunrun stock by the
company and bullish analysts is an arcane forecast of cash
flows expected from the company’s rooftop solar contracts.
Sunrun’s income statements have reported consistent net
losses and negative cash flow—but after backing out
losses attributable to the tax partnerships that supply
it with most of its capital, the company says its shareholders earned $25 million, or 23 cents a share, on
revenue of $138 million in the June quarter.
Sunrun’s co-founder and chairman, Edward Fenster, says that the two firms asking for tariffs don’t
even represent most jobs involved in building solar
systems. “This isn’t manufacturing versus installation,” he says. “This is 2% of manufacturing versus
98% of manufacturing jobs and all of installation.”
Fenster acknowledges that tariffs would hurt Sunrun. The magnitude of that pain was considered in a
July 25 note by Guggenheim Securities analysts, who
concluded that the increased costs from tariffs could
render about two-thirds of Sunrun’s addressable market
uneconomical. Guggenheim maintained its Buy rating on
the stock, nevertheless, on the premise that any trade
penalties would be temporary.
Increased costs might be bad for residential installers like
Sunrun, but Fenster hastens to point out that higher-cost
modules would be a bigger pain for the large-scale solar projects favored by commercial customers and utilities, which run
on thinner margins than a residential installation.
The threat that tariffs pose to U.S. utilities is one reason that bad news for most solar companies would be good
news for First Solar, which focuses on big projects. The
trade dispute concerns only solar cells made from wafers of
silicon. Since its start two decades ago, First Solar has
made its solar panels with a completely different technology
that uses a thin film of cadmium-telluride. So even the products that First Solar makes abroad would be exempt from
the burdens imposed on imported solar cells made of silicon.
First Solar’s thin-film technology has always been
cheaper than silicon, and the company is launching a new
series of panels that will be even more cost-effective. If tariffs raise the price umbrella of competing silicon modules,
First Solar can raise its own prices and still go to utilityscale developers and offer to rescue their stranded projects
with its thin-film panels. Every penny of these price boosts
would fall to its bottom line, and it could demand equity in
those projects.
First Solar’s shares have fallen by about 10% since the
ITC decision, to a recent $45.88. Most analysts have been
cautious about First Solar since it reported a huge December 2016 quarter loss on restructuring charges. But
Deutsche Bank’s Vishal Shah raised his rating to a Buy in
September and now thinks that the shares could rise to $65.
If tariffs prop up the price of competitors’ silicon modules,
Shah thinks that, in the best case, First Solar could earn $3
a share in 2018 and $5 a share in 2019. With an 18 times
multiple on those 2019 earnings and the company’s $20 a
share in excess cash, the stock could rise to $110.
First Solar declined to talk to Barron’s about the trade
case, saying that it is “monitoring developments closely.”
Solar pricing has a history of cutthroat competition,
and this administration is anything but predictable. But
investor Kravetz likes First Solar’s chances. “They could
be the sunniest spot in a cloudy industry,” he says. October 2, 2017
BARRON’S
Tech Trader
Applied and Taiwan Semi: Heroes of the Age of AI
by Tiernan Ray
nents, with transistors that rise vertically above the chip surface, can
All of the innovations in computer-chip technology no longer be simply etched. They must be “placed,” meaning materials
that have come along in the past 50 years, and the must be handled extremely delicately, to put a given feature somewhere
many innovations—even more startling—to come in the within a chip with incredible precision.
next decade or so, are made possible by the relatively
What got Wall Street particularly excited is a prediction that the
unsung heroes of manufacturing.
total average annual capital spent on equipment by Intel and others
Two of the most prominent, whose shares seem a from 2017 through 2020 will surge to $45 billion, up from the average
good bet for the foreseeable future, are Applied Materials (ticker: of $32 billion in the prior seven years.
AMAT), the largest vendor of tools to Intel (INTC) and others, and TaiBased on that, Applied said, it expects a sharp rise in earnings to
wan Semiconductor Manufacturing (TSM), the largest contract manu- $5.08 per share in 2020, which would be 58% above the projected $3.21
facturer of circuits, which serves chip vendors such as Nvidia (NVDA). for the company’s fiscal year that ends next month.
This column was positive on Applied’s shares in JanuFor some who follow the chip industry, the most proary. The stock, which at 14 times next year’s projected
found trend is that tool sales might be less cyclical in the
AI requires
earnings is relatively cheap, is up more than 50% since
future than in the past.
a fundamental
then and could be a good performer in 2018, as well.
When this column wrote positively about Applied in
Computer-chip technology is entering a bold new
January, longtime chip analyst Robert Maire warned that
rethinking of how
phase. The four-decade-old law of silicon, Moore’s Law, a
equipment spending could cool later this year. Maire last
rule of thumb coined by Intel co-founder Gordon Moore,
week was singing a different tune, writing in a report that
circuits should be
has broken down. Improvements in chips are no longer as
the chip world is “clearly” now in what he terms a “superarranged.
simple as shrinking circuitry every 18 to 24 months.
cycle,” so that spending on equipment has a “new
New chip designs and new approaches to using materibaseline”—the $45 billion that Dickerson outlined. Applied
als like silicon are needed, especially given how computing is now focusing Materials and other chip-equipment makers “remain firmly on track for
on new kinds of tasks in artificial intelligence, as outlined in this column better business moving forward,” wrote Maire.
on Sept. 23 (“The Natural Evolution of Artificial Intelligence”).
Last Wednesday, Applied’s chief executive, Gary Dickerson, told Wall The other pick of this new era, Taiwan Semi, is coming to the fore
Street analysts in Manhattan that AI changes things. The audience also because the new stars of the AI era, companies like the start-up mengot a glimpse of the future with a panel discussion on how AI is pushing tioned here last week, Cerebras, don’t make their own chips, as Intel
the limits in terms of what current chips from Intel and others can offer. does. Instead, they contract with Taiwan Semi to etch their designs
The point is that it’s no longer sufficient to make circuits faster, as in silicon wafers. That has always been true of companies such as
in the age of the personal computer, to operate software more effi- Broadcom (AVGO) and Qualcomm (QCOM). But now imagine many
ciently. AI involves new designs, a fundamental rethinking of how the more “fabless” outfits—chip makers without factories—knocking on
circuitry should be arranged. That, in turn, requires new approaches Taiwan Semi’s door in the AI gold rush.
As more and more companies proliferate with new chip designs,
to engineering the materials used to make chips—expertise in which
Taiwan Semi should see its revenue lifted by a plethora of new customApplied believes it excels.
Consider the newest graphics chips from Nvidia, which contain 21 ers. Taiwan Semi’s $32 billion in revenue projected for this year is less
billion transistors, a staggering number of individual features on a than what’s expected at the chip division of Samsung Electronics
(005930.Korea), which also manufactures parts for companies for a fee.
single slab of silicon.
But Samsung produces lots of chips for use in its own devices, such
Not only is there increased complexity in making such a chip, Dickerson tells Barron’s, but also, as chips grow massive, far fewer can fit on as its Galaxy smartphones. Taiwan Semi, in contrast, serves only its
a single wafer of silicon. “What that means is that, if you get a defect in customers, providing the platform for all the future stars to come. The
a wafer, you’re no longer losing one or two individual chips, you’re possi- stock is up 31% this year. But, like Applied, it fetches a modest multiple,
bly losing the entire wafer’s worth,” says Dickerson. Skyrocketing poten- some 15 times next year’s earnings.
With the tremendous scale of a new era of chips in front of us, these
tial costs for wasted efforts set the bar much higher for tools.
Dickerson’s main pitch to Wall Street involves the nature—and two companies, which are providing the foundation for the many they
limits—of lithography. A stone plate used in conventional lithography serve, deserve a curtain call. has lines incised in it. That’s the way chips have been made for decades,
by etching away areas of silicon to form circuits.
Tiernan Ray can be reached at tiernan.ray@barrons.com,
The increasingly complex structures of Nvidia’s and others’ compo- blogs.barrons.com/techtraderdaily, or twitter.com/barronstechblog
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IT’S TIME FOR THE CHORUS TO TAKE A BOW.
23
24
BARRON’S
DIGITAL INVESTOR
n
October 2, 2017
by Theresa W. Carey
An App That Gives the Little Guy a Piece of IPOs
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
INITIAL PUBLIC OFFERINGS CAN STIR UP A
great deal of interest, but the retail
investor often gets shut out. A Scottsdale,
Ariz.–based financial-technology start-up,
ClickIPO Holdings, is working to make
the shares of newly public firms more
accessible.
One of the artifacts of the past decade’s
financial meltdown was a change in the
rules set by the major exchanges for a company to be listed, which allows it to sell
stock. We used to see more small firms go
public, but it’s difficult to tick off all of the
regulatory boxes unless the outfit is larger,.
Many small tech companies have access to
funding outside the IPO market. Because
the deals that are done are bigger, the
banks running them have raised the
account minimums, making it harder for
most retail investors to get access. Many
IPOs have zero retail distribution.
Though online brokers enable retail
investors to trade newly issued shares,
those are shares that were initially purchased by the large customers of the
issuing bank, and then “flipped.” So
instead of being allocated shares at the
IPO price set by the issuing bank, retail
traders end up buying or selling in the
volatile open market.
ClickIPO plans to allow retail investors
to indicate their interest in an IPO through
a broker-dealer partner. Then the ClickIPO
app aggregates all of the orders collected
by its partners, and places a single order
with the underwriter. Those shares are
then passed back to the various broker
partners, and the app figures out how
many shares each individual investor can
buy. When the offering is complete, retail
investors will see their newly purchased
shares in their online brokerage account.
The app shows a list of initial and
secondary public offerings, with links to
the companies’ prospectuses. You can filter
the list of offerings by type (initial or secondary), status (active or upcoming), and
availability. You can click on the Follow
button on the company’s information page
in the app, which works like a Twitter follow, allowing you to build a list of companies that interest you. I’d like to see the
ability to filter the list of offerings by
industry, as well; currently, you have to
scroll through the entire list.
New users of ClickIPO are on a waitlist, as the app itself is in a late beta-testing
stage. Once a ClickIPO user is moved off
the wait-list, she can connect to a partnering online broker to complete the transaction. The partnering brokers haven’t been
announced, but ClickIPO President Jerrod
Bailey says, “I can tell you that the current
list of brokers in our pipeline ranges from
10,000 investor accounts on the low end to
some larger brokerages with users in the
millions.”
The app is designed to help underwriters of initial and secondary offerings locate buy-and-hold investors rather than
IPO flippers. To do that, the app calculates a ClickIPO investor score for its users, which is intended to eliminate those
who sell off their IPO shares in the first 30
days of trading. Raising your score by
holding IPO shares for 30 days or longer—
ideally more than six months—or buying
additional shares in the aftermarket, can
net you a larger allocation for a future offering.
ClickIPO doesn’t guarantee that shares
will be allocated to its users, even those
with high investor scores. The firm doesn’t
plan to publish the details of an individual’s score, but the app tells you whether
a particular behavior will raise or lower
your score.
When I went through the process of
requesting shares of Rhythm Pharmaceuticals (proposed ticker: RYTM), which is
scheduled to go public on Oct. 5, I was
prompted to enter the amount I wanted to
invest. With a proposed price range of $14
to $16 for this offering, I entered $5,000,
which the app says could net me as many
as 312 shares.
No commissions are charged by ClickIPO for completed orders, though your
online broker’s fees will apply. I plan to
use this app to keep an eye on the initial
and secondary markets going forward, and
hope I can score some shares.
Security has long been a major concern
to readers. We’ve questioned online brokers
about their security practices for a decade,
and given the database breaches disclosed
recently, we clearly will have to continue to
do so. Lev Lesokhin, executive vice president of strategy and analytics at CAST
Click IPO is testing an app that will let
small investors buy IPOs via their online
broker.
Software, a New York and Paris software
intelligence company, agrees that solving
these problems is going to take a while.
CAST produces an analytical package
that examines the source code of a particular application, including the user interface, the data structure, and how it connects through middleware. The analysis
looks at performance efficiency and at
how changeable and transferable the
technology is, and generates an overall
quality score that ranges from one (low)
to four (high). The firm will be publishing
a paper in the next few weeks based on
its huge database of analyses performed
in the past few years—more than three
billion lines of code and 2,500 missioncritical applications. It doesn’t contain
good news for those of us who use financial applications.
Lesokhin says financial-services and
telecommunications firms post among the
lowest scores in security. On the bright
side, utilities and energy-production companies rank highly, with government entities somewhere in the middle. A major
issue for finance firms is that many of
their applications still run on legacy
systems, and function thanks to newer
software-development systems that can
access the data.
“What you see in general in security is
that most applications are in pretty good
shape,” says Lesokhin. “But these layers
built on legacy systems create a great deal
of complexity. It’s harder for a developer
to know whether what they’re doing is
creating a security hole.”
Hackers want the data stored in these
transactional databases, but Lesokhin says
the security industry spends 23 times as
much money on perimeter security—firewalls and intrusion security—as it does on
database security and its internal design.
He believes that the Securities and Exchange Commission needs to update its
regulations that control cybersecurity and
data reliability, which were last rewritten
in 2011 and are, as Lesokhin says, “at
best, minimal.”
What Lesokhin would like to see is a
rating system for software security and
reliability, similar to the sticker you see on
electronic equipment. “Electronics have a
stamp on them that says they won’t cause
a fire or short out your electrical system,
but in information technology, both regulatory and disclosure requirements are very
weak,” he notes.
According to researchers at Gartner,
84% of hacking attacks occur at the application layer, which means the crooks get
inside the perimeter security using tricks
such as phishing. These are fake lures to
persuade someone with access to a database to give up their credentials. The
Equifax hack, for instance, happened at
the application layer, as did the SEC’s
Edgar database hack.
Lesokhin encourages retail investors to
ask their online broker about the health of
their systems. Are they secure? Are they
reliable? “Give me a score,” he says. He
would like to see cyber-risk discussed
upfront, with a scoring system in place so
that investors understand the security of
their data and accounts.
This is a topic we’ll be coming back to
frequently. email: theresa@twcarey.com
October 2, 2017
BARRON’S
25
Mutual Funds
September 25 through September 29, 2017
Talking With
Amy Zhang
Portfolio Manager, Alger Small Cap Focus
Big Ideas In
Small Stocks
by Sarah Max
Amy Zhang of Alger
Small Cap Focus looks
more at revenue than
at market value.
form of C++ computer code. As a math and computer
science major at Manhattanville College in Harrison,
N.Y., Zhang interned at a wealth management firm,
debugging a program. The experience piqued her interest
in finance. “It was totally new to me—it requires constant
learning,” says Zhang, who was born and raised in
Shanghai and moved to the U.S. at age 17 after receiving
a scholarship to a private high school in New Mexico.
Inspired by the internship, Zhang changed her major
to economics, with a concentration in finance. She completed her undergraduate studies in three years, and was
accepted into multiple Ph.D. programs and Columbia
Business School; she decided to go for the M.B.A., though
she deferred her studies for two years to work as a fixedincome analyst. “I gravitate toward complexity,” she says.
“I like to take complex things and break them down.”
For the past 15 years, Zhang, now 46, has channeled
that skill into finding and vetting small, growing companies. In early 2015, she took over Alger Small Cap
Focus (ticker: AOFAX) and retooled the fund, which
had $14 million in assets, to create a concentrated portfolio of some 50 companies with less than $500 million
in revenue when she invests. (She considers revenue a
better gauge of size than market value.) The now $537
million fund has returned an average of 10.9% a year
over Zhang’s tenure, better than the 8.7% for the Russell 2000 Growth index. It has beaten 83% of its peers
in that period, according to Morningstar.
Zhang taps into Alger’s central research group, but
works closely with her own team of three analysts and
a research associate. Though all generalists, they have
expertise in sectors that are the primary focus of this
fund: technology, health care, consumer discretionary,
industrial growth, and financials (namely fintech).
Investors, Zhang says, shouldn’t confuse smallgrowth companies with start-ups. Most of the companies
in her portfolio have at least
continued on page 26
Laura Barisonzi for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
AMY ZHANG’S INTRODUCTION TO INVESTING CAME IN THE
26
BARRON’S
a decade of operating history and stable
revenue, but are undergoing positive dynamic change—such as a new product or
beneficial trend—that offers the potential to
double their revenue within five years.
“We want high growth and high quality,”
says Zhang, who was a small-cap portfolio
manager at Brown Capital Management
prior to joining Alger. The fund’s weighted
median debt-to-capital ratio is 4%, versus
35% for its benchmark, the Russell 2000
Growth index. Its median 12-month sales
growth is 17%, versus 9.5% for the index.
Take Cognex (CGNX). Founded in 1981,
it’s a leading supplier of machine-vision prod-
Alger Small Cap Focus
YTD
TOTAL RETURN
1-Yr
3-Yr*
AOFAX
22.8% 19.9% 12.4%
Russell 2000
Growth Index
16.1
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Top 10 Holdings
Company / Ticker
20.0
11.4
% of
Portfolio**
Cognex / CGNX
4.2%
Veeva Systems / VEEV
4.1
Medidata Solutions / MDSO
3.8
Tyler Technologies / TYL
3.5
Cantel Medical / CMD
3.3
Shopify / SHOP
3.1
Insulet / PODD
2.9
Proofpoint / PFPT
2.9
Quidel / QDEL
2.8
WageWorks / WAGE
TOTAL
2.7
33.3
*All returns are as of 9/27; three-year returns are annualized.
**As of 8/31
Sources: Morningstar; Alger
ucts for industrial applications. The company
initially benefited from the semiconductor
boom, but “in 2000, 61% of its revenues were
related to semiconductors and today, only
4%,” says Zhang, who initially invested in the
stock in February 2015 when it was in the
high $30s; it was recently at $110. “They have
evolved their core technology over time and
are moving into new markets, like consumer
electronics, industrial 3-D products, and airport security ID.” The company’s $585 million
in revenue for the past 12 months is a fifth of
what Zhang figures is a $2.9 billion total addressable market. Cognex has no debt and
29% net margins, she says.
It’s a similar story for Veeva Systems
(VEEV), which was founded in 2007 and
went public in 2013. The company started
with customer-relationship management software for the life sciences industry, but now
offers a content-management platform that
life sciences companies use to store, search,
track, and share data, such as from clinical
trials. “They’ve started with life sciences, but
this platform can be used for any regulated
industry,” she says, noting that Veeva has
$618 million in revenue for what she says is
an $8 billion total market. “They are just
scratching the surface.”
Both segments offer high recurring revenue and a competitive moat; switching systems is costly and time-consuming. Veeva
has 22% operating margins, no debt, and
$725 million in cash. Zhang says Veeva
should have no problem delivering 20% revenue growth over the next three to five years.
Another top-10 holding, Insulet (PODD),
is building on its proprietary Omnipod
insulin-management system, which delivers
to Type 1 diabetes patients continuous doses
of insulin via tubeless pumps and disposable
pods. Zhang points to several growth catalysts, including the potential for Medicare
and Medicaid reimbursement; a recent shift
to direct sales in Europe; and research into
other applications, such as chemotherapy.
Also: a partnership with Eli Lilly to develop
pods for Type 2 diabetes, which is far more
prevalent than Type 1. “That could launch in
the first half of 2019,” Zhang says.
Shares in Shopify (SHOP) have more
than doubled over the past year, but this
go-to e-commerce platform for small- and
medium-size businesses has yet to reach its
full potential. “This is a way to invest in the
fickle consumer,” says Zhang. The company,
started in 2004 when its founders set out to
start a snowboarding equipment site and
found a dearth of e-commerce tools, has no
debt and garners nearly half of its revenue
from recurring subscriptions.
Shopify has an $11 billion market value,
which puts it in large-cap territory, but its
potential to grow its $509 million in revenue
warrants a spot in Zhang’s fund, which took
a meaningful position early this year when it
was trading in the $50s. “It’s rare to have a
company that not only has very robust unit
growth, but is also growing its wallet share,
or revenue per customer,” says Zhang. While
its core customers are small bricks-and-mortar companies that use its services for everything from web design to payments, Shopify
is attracting larger enterprises, including
GE, Nestlé, and Red Bull, via Shopify Plus.
This speaks to what Zhang says she likes
most about investing in small companies:
seeing the potential in something and
“watching it blossom.” That’s how she views
her first decade in the U.S.: “People saw potential in me and invested in my education.”
In 2015, Zhang approached her former
college advisor to establish the AYZ Scholarship for incoming freshman from underrepresented populations who intend to study science, technology, or mathematics. Though the
advisor still teases her about changing her
major, “I think he has forgiven me,” she
laughs. “He’s even invested in my fund.” October 2, 2017
Scoreboard: Gains for Stocks and Bonds
(U.S. stock funds rose more than 1% last week, bringing their year-to-date gain close to 12%, according
to Lipper. U.S. bond funds returned 0.07% on the week, taking their 2017 increase to 3.5%.
U.S. STOCK FUNDS
TOP SECTOR / Small-Cap Value Funds
BOTTOM SECTOR / India Region Funds
S&P 500
U.S. BOND FUNDS
Bloomberg Barclays AGG Bond
One Week
Year-to-Date
1.07%
3.47
– 4.78
0.38
0.07
– 0.02
11.9%
5.2
26.7
12.1
3.5
2.7
THE WEEK'S TOP 25
Fund
Investment Objective
Jacob Micro Cap Gro Inst / JMIGX
Pacific Adv Sm Cap Val A / PASMX
Pacer US SC Csh Cws 100 / CALF
Perkins Discovery / PDFDX
Royce Fd SmCp Value Svc / RYVFX
James Adv Micro Cap / JMCRX
Nationwide Bail Cog V M / NWHFX
Bridgeway Omni SCV / BOSVX
CM Advisors SC Val I / CMOVX
Walthausen SC Value / WSCVX
Bridgeway Omni TxMgSCV / BOTSX
Franklin Val Mic Cp A / FRMCX
Am Beacon Zebra SC Y / AZSYX
O'Shaughnessy SmCp Val I / OFSIX
Victory Intg Discovery A / MMEAX
Rydex Energy Svcs Inv / RYVIX
Pru QMA Sm-Cap Val Z / TASVX
DGHM MicroCap Val Inst / DGMIX
TH & B MicroCap Inst / THBIX
Hancock Hrzn Miccap Inst / HMIIX
Emerald Sm Cap Val Inst / LSRYX
RBC Enterprise I / TETIX
AMG Mg CadenceEmCo I / MECIX
RBC Sm Cap Core I / RCSIX
WellsFargo SC Core Inst / WYSCX
Small-Cap Growth
Small-Cap Value
Small-Cap Core
Small-Cap Core
Small-Cap Value
Small-Cap Core
Small-Cap Value
Small-Cap Value
Small-Cap Value
Small-Cap Value
Small-Cap Value
Small-Cap Value
Small-Cap Core
Small-Cap Value
Small-Cap Core
Natural Resources
Small-Cap Value
Small-Cap Value
Small-Cap Core
Small-Cap Core
Small-Cap Core
Small-Cap Core
Small-Cap Growth
Small-Cap Core
Small-Cap Core
One Week
Year-to-Date
9.16%
5.44
5.29
5.28
5.12
4.98
4.86
4.84
4.83
4.80
4.72
4.72
4.71
4.66
4.66
4.64
4.57
4.56
4.51
4.48
4.45
4.42
4.33
4.32
4.29
18.9%
4.3
NA
14.4
0.8
0.4
3.1
2.5
– 6.2
9.1
2.4
3.6
8.7
7.0
8.1
– 21.8
2.7
15.6
8.6
8.5
9.6
13.1
20.8
5.3
4.2
One Week
Year-to-Date
– 4.93%
– 4.72
– 4.58
– 4.57
– 4.49
– 4.34
– 4.09
– 4.03
– 4.03
– 3.92
50.3%
34.7
26.8
25.4
21.6
28.8
29.0
34.6
29.8
30.1
THE WEEK'S BOTTOM 10
Fund
Investment Objective
US Glbl China Region / USCOX
Wasatch Emg India Inv / WAINX
Deutsche Latin Am Eq S / SLAFX
ALPS/Kotak India Gro I / INDIX
Franklin India Gr A / FINGX
Eaton Vance Gr India A / ETGIX
Touchstone Em Mkt SC Y / TEMYX
Ivy Emerg Mkts Eqty I / IPOIX
Transam Em Mkts Eq I2 /
Wasatch Em Mkts Sel Inst / WIESX
China Region
India Region
Latin American
India Region
India Region
India Region
Emerging Markets
Emerging Markets
Emerging Markets
Emerging Markets
THE LARGEST 25
Fund
Fidelity Contrafund / FCNTX
Vanguard Wellington Adm / VWENX
American Funds Gro A / AGTHX
American Funds Inc A / AMECX
American Funds CIB A / CAIBX
Dodge & Cox Stock / DODGX
Dodge & Cox Intl Stock / DODFX
American Funds Bal A / ABALX
American Funds EuPc R6 / RERGX
American Funds ICA A / AIVSX
PIMCO Tot Rtn Inst / PTTRX
American Funds CWGI A / CWGIX
American Funds Wash A / AWSHX
Dodge & Cox Income / DODIX
American Funds FInv A / ANCFX
Met West Total Return I / MWTIX
Vanguard PRIMECAP Adm / VPMAX
Franklin Cust Inc A / FKINX
DoubleLine Tot Rtn I / DBLTX
PIMCO Income Inst / PIMIX
Vanguard Sh-Tm Inv Adm / VFSUX
American Funds NPer A / ANWPX
T Rowe Price Gro Stk / PRGFX
Vanguard Wellesley Adm / VWIAX
Vanguard Health Care Adm / VGHAX
Assets
(billions)
Investment Objective
3-Year*
Return
1-Week
Return
$85.2
82.8
81.2
75.7
71.2
66.1
63.6
60.4
60.3
60.2
54.9
54.7
54.3
51.6
50.9
48.9
48.8
45.8
44.8
41.8
41.6
40.4
39.7
39.5
37.7
Large-Cap Growth
Mix Tgt All Gro
Large-Cap Growth
Mix Tgt All Mod
Global Equity Income
Large-Cap Value
Intl Large-Cap Core
Mix Tgt All Gro
Intl Large-Cap Growth
Large-Cap Core
Core Plus Bond
Global Large-Cap Core
Large-Cap Core
Core Bond
Large-Cap Core
Core Plus Bond
Large-Cap Core
Mix Tgt All Mod
US Mortgage
Multi-Sector Inc
Short Inv Grade
Global Large-Cap Growth
Large-Cap Growth
Mix Tgt Alloc Con
GL Health/Biotech
11.9%
7.9
11.3
6.7
5.4
9.7
3.4
7.9
7.1
9.3
3.2
7.1
9.7
3.2
11.3
2.5
12.9
4.0
3.2
6.0
2.1
10.1
13.8
6.2
9.3
– 0.42%
0.39
0.08
0.04
0.02
0.99
– 0.94
0.26
– 1.25
0.47
0.14
– 0.41
0.54
0.11
0.39
0.03
0.96
0.42
0.09
0.18
0.12
– 0.71
– 0.33
0.09
0.55
*Annualized 09/25/2014 to 09/28/2017. Through Thursday.
YTD
Return
23.1%
9.6
17.4
9.3
11.3
11.4
21.7
10.3
25.0
12.5
5.2
18.0
12.5
3.9
15.2
3.1
20.0
7.5
3.6
7.4
2.3
22.4
25.3
6.8
18.1
Source: Lipper
October 2, 2017
BARRON’S
27
Fund of Information
Are Index Funds This Generation’s “Nifty 50”?
by Jack Willoughby
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
BONIFACE (BUZZ) ZAINO OF ROYCE FUNDS
knows better than most the cost of charting a contrarian course. The valueoriented portfolio manager doesn’t seem
worried that his strongly performing
active style appears to be losing support
in the current index-crazed investment
world: “The attitude of investors tends to change with
whatever is performing well at the current time. It’s been
that way as long as I’ve been in the business.”
And he has been in it for a while. Passive investing reminds the 74-year-old Zaino of the “one decision” approach
that investors used more than four decades ago. They simply
bought the highflying “Nifty 50” stocks without much regard
to price. That led to the inflation and subsequent collapse of
the stocks and some of the mutual funds that held them.
These stocks, which included Procter & Gamble (ticker:
PG), Philip Morris International (PM), General Electric
(GE), and Coca-Cola (KO), saw their valuations rise as high
as 50 times earnings. The fall was equally dramatic, resulting in losses as high as 50%. “Indexing produces the same
kind of valuation logic that led to those horrific losses in the
early ’70s,” muses the manager. “There is no one there to
say, ‘No, this doesn’t make sense.’ ”
Cash Track,
In contrast, Zaino and his 53-year-old
page M31
co-manager, Bill Hench, often gravitate toward stocks that aren’t in an index for
Royce Opportunity (RYPNX), a small-cap value fund with
assets of $1.5 billion. That means the fund skews considerably smaller than its peers—its 244 stocks have an average
market value of just $843 million; the average small-cap
value fund’s holdings have an average market value of $2.9
billion, according to Morningstar. Many of Royce Opportunity’s stocks have little Wall Street research coverage.
Zaino and Hench are constantly searching for companies with undervalued assets, including real estate, brands,
or plants and equipment. They’re also interested in turnarounds, usually with new management in place. Another
area of interest is growth companies that are going
through tough times and trading below their potential
value. Likewise, Royce buys broken initial public offerings,
in which adverse sentiment can obscure a company’s
growth trajectory.
Some of their best bets take years to pay off. For example, Royce Opportunity has made strong profits in tech
infrastructure and chip-related stocks, such as Kemet
(KEM), which has risen 230% this year; Ultra Clean Holdings (UCTT), up 200% in that time; and Cohu (COHU), up
66%. “We did much of the seed work 18 to 24 months ago,
when a slow business cycle lowered share prices,” says
Zaino, who joined Royce in 1998.
The patience required of investors can be tough; in 2014
and 2015, for instance, the fund languished around the bottom decile of its sector, trounced by 88% and then 93% of
its small-cap value peers, according to Morningstar. But the
fund’s long-term results have served investors well. It’s
beaten 98% of its peers over 15 years, 88% over five, and
99% this year, thanks to its 17.5% return. The fund is
helped by its relatively low fees, at 1.19% of assets, below
the Morningstar small-cap value median of 1.3%.
Right now, the shipping business looks like a good
two-year bet to Zaino. The industry has suffered from overbuilding, and shipping rates have dropped because of falling
commodity prices. As a result, most shippers’ shares are
priced well below book value. “In some cases, I’m told, they
trade for less than the steel the ships are made of,” says
Zaino. “Higher interest rates will cure the problem, and
commodity prices appear to be on the rise. Higher rates
would stop the overbuilding and force supply and demand
back into balance.”
He has two picks to play the expected revival. The first
is Diana Shipping (DSX), which has dropped to $4 a share
from $10.25 three years ago. It’s slated to post a loss of $55
million this year on revenue of $149 million, and trades at
just 40% of its book. Next is Ardmore Shipping (ASC),
which has fallen to $8.05 from $12.39 two years ago. It’s expected to report a loss of $6.5 million on $131.6 million in
revenue this year, and fetches 67% of book.
Although Zaino’s and Hench’s picks have done well over
time, the fund hasn’t persuaded all of its investors to stick
around. For the first six months of this year, Royce Opportunity had net outflows of $92 million, according to the Securities and Exchange Commission. That works out to about
6% of assets. Passively managed U.S. small-cap value funds
have seen net inflows of about 2% of assets this year, according to Morningstar.
The flow of money into passive funds in this category
and others is worrisome, just as it was four decades ago
when investors were chasing one-decision Nifty 50 stocks.
In this pricey market, a manager who can say no to wild
valuations could offer some protection in a downturn. After
all, as Zaino puts it, “We consider ourselves survivors from
the ’70s.” email: jack.willoughby@barrons.com
A veteran investor
compares today’s
passive funds to the
“one decision” stocks
of a previous era.
28
BARRON’S
ETF Focus
Time for Biotech ETFs
by Teresa Rivas
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
TECH STOCKS HAVE BEEN ON A TEAR IN 2017, LED BY FAANG—FACEBOOK,
Apple, Amazon.com, Netflix, and Alphabet, the parent of Google.
Alphabet (ticker: GOOGL), the laggard of the group, is up “only”
23% year to date, compared with a 12% rise for the Standard &
Poor’s 500 index. The Technology Select Sector SPDR exchangetraded fund (XLK) is up more than 20% since the start of the year.
Tech’s outperformance hasn’t gone unnoticed by active fund managers, who pushed their allocation to the sector to record levels this summer. But
popularity often comes at a price. Tech stocks hit a volatile patch lately—the tech
SPDR has trailed the S&P 500 for the past month—as many of those managers sold
their tech winners to fund purchases in cheaper sectors. Don’t be surprised if that
trend continues.
So where can growth-oriented investors interested in less-fraught trades look?
Biotech is a good place start. The group is no stranger to trouble—the SPDR S&P
Biotech ETF (XBI) dropped 15.7% in 2016—but 2017 has seen the sector bounce
back heartily, with the same ETF up more than 40% year to date; the iShares Nasdaq Biotechnology (IBB) is up 25%. And there could be more gains to come, Bank
October 2, 2017
of America Merrill Lynch strategist Savita Subramanian wrote in a note to clients
last week: “Biotech…offers higher median expected long-term growth than all 11 sectors.” Biotech stocks trade, on average, at 0.9 times the S&P 500’s current valuation,
well below their 1.3 times since 1986, according to Subramanian’s research. The sector
is also slightly less popular with active managers, she adds.
There are plenty of tailwinds for biotech that should keep the growth coming. The
group is undergoing an “innovation revolution,” as highlighted by Barron’s cover
story last weekend (“Gene Therapy Is Nearing a Major Breakthrough,” Sept. 25).
Biotech could see more pipeline approvals due to an amenable Food and Drug
Administration, while tax reform and/or a cash repatriation holiday could spur mergers and acquisitions—and another potential leg higher for biotech stocks.
Investors have more than a dozen biotech ETFs to choose from, but just three have
the size and liquidity to make good options. The $10.3 billion iShares is the largest and
broadest, with 160 stocks, and skews more toward the biggest companies, given its market-capitalization weighting. The $4 billion ETF Table,
SPDR has 103 stocks, weighted equally, giving it an average market Barrons.com
cap of $18 billion versus the iShares’ average of $47 billion. The $712
million VanEck Vectors Biotech (BBH) is far more concentrated; it has just 25
stocks, including companies such as Allergan (AGN) that go beyond pure biotech.
Which should investors choose? Todd Rosenbluth, director of ETF and mutual
fund research at CFRA Research, recommends the iShares ETF for investors who
want pure biotech exposure, although the SPDR could benefit more if M&A picks
up. The SPDR S&P Health Care Services (XHS) should benefit from the reduced
likelihood that the Affordable Care Act will be repealed or replaced.
Biotech might not be the cure for tech’s bout of volatility, but it could make for
a healthier portfolio. email: teresa.rivas@barrons.com
NOT FDIC INSURED | MAY LOSE VALUE |
NO BANK GUARANTEE
There are risks involved with investing in ETFs, including
possible loss of money. ETFs are subject to risks
similar to those of stocks. Actively managed ETFs do
not necessarily seek to replicate the performance of a
specified index. Please see the current prospectus for
more information regarding the risks associated with an
investment in the Fund. The collateral on floating-rate
loans may be unable to cover the amount owed, found
invalid, used to pay outstanding obligations and difficult
to liquidate.
Shares are not individually redeemable and owners of the
Shares may acquire those Shares from the Fund and tender
those Shares for redemption to the Fund in Creation Unit
aggregations only, typically consisting of 50,000 Shares.
an active income ETF with
floating-rate exposure
Before investing, investors should carefully
read the prospectus/summary prospectus
and carefully consider the investment
objectives, risks, charges and expenses.
For this and more complete information
about the Funds call 800 983 0903
or visit powershares.com
for prospectus/summary
prospectus.
Invesco Distributors, Inc.
October 2, 2017
BARRON’S
29
Activate your Barron’s
digital account today
Tesla’s Model 3 has a
base price of $35,000.
Full digital access is included in your
print subscription*.
Curated Market News
Stay informed when you’re
the busiest, with newsletter
updates, recaps and feature
previews—straight
to your inbox.
More interest in electric vehicles could spur competitors.
Tesla,WatchYour Back
by Emily Bary
Tesla
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IT TURNS OUT THAT CLEANING UP TRADI-
tional cars is an expensive proposition.
At its investor day last week, autoparts maker Delphi Automotive (ticker:
DLPH) estimated it would cost $3,000 to
$4,000 per car to achieve the reductions in
carbon dioxide mandated by governments
around the world. Cowen analyst Jeffrey
Osborne notes that on average, global
regulators are seeking to reduce automotive CO2 emissions 30% to 40% by 2025.
The end result is likely to be moreexpensive gasoline cars, one more boon
for the electric-vehicle market.
Electric vehicles currently sell for
about $8,000 more than gas guzzlers, but
Osborne believes they will be cheaper
than traditional cars by the early to
mid-2020s. “That’s driven by two colliding
powers, which is that battery costs are
falling, and internal combustion engines
have to become cleaner,” he tells Barron’s.
That could mean that Tesla’s (TSLA)
new, cheaper Model 3 ultimately looks
even less expensive than its $35,000 price
tag, since the traditional gas alternatives
are likely to rise in cost. The company is
the global leader in electric-vehicle sales,
with an estimated 11% market share, and
Osborne sees that rising in the next two
years, given that the Model 3 is about
half the price of Tesla’s signature
Model S.
But he also cautions that the increasing affordability of electric vehicles isn’t
all good news for Tesla, as there’s now
more incentive for rivals to take the
space seriously.
“We see the competitive tides shifting
in 2019 and beyond as European [car
makers], roiled by the diesel scandal and
loss of share to Tesla in the high-margin
luxury segment, step on the gas and accelerate the pace of electric-vehicle introductions,” Osborne wrote in his update to
clients last week.
Tesla has gotten used to having the
luxury electric-vehicle market largely to
itself, helped by the fact that BMW, General Motors, and Nissan have imbued
their electric cars with eccentricities that
have undermined sales.
A turning point could be coming. Audi
is planning three new electric cars over
the next three years. Eventually traditional car makers will start electrifying
their existing fleets, much like they did
when they added hybrid options. That
means more-attractive vehicles to challenge the Model 3.
Although Tesla cars are spiffy, Osborne argues that “a significant amount of
the purchase price of a Tesla comes
through vanity,” whereas luxury rivals
“have spent years perfecting the interior
of their vehicles.” Tesla cut the cost of the
Model 3 by creating a no-frills interior.
That’s an opening for the traditional car
makers, who know something about bells
and whistles. A version of this article ran online on Sept. 26
on Barron’s Next.
Exclusive Investing Tools
Use our Data Center, StockGrader and
Watchlist to empower your portfolio.
Track the Markets’
Every Move
Access critical
investment news
the moment it
matters with the
Barron’s app.
When you activate our suite of digital products, you’ll receive Barron’s
complete set of investment tools and instant access to all our unrivaled
markets coverage and research the moment you need them.
*Digital access is not included with enterprise print subscriptions to Barron’s.
ACTIVATE YOUR DIGITAL BENEFITS
WWW.BARRONS.COM/ACTIVATION
© 2017 Dow Jones & Co., Inc. All rights reserved. 3E5035
30
BARRON’S
BALANCING THE BOOKS
n
October 2, 2017
Edited by Gene Epstein
The Surprising Origins of Housing Segregation
Government policy condemned blacks to separate, unequal quarters. Finding the right remedy now.
The Color of Law
by Richard Rothstein
Liveright,
368 pages, $27.95
Reviewed by Howard Husock
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IN THE CONVENTIONAL VIEW, IF GOVERN-
ment ever failed in the battle against
racial segregation, the failure has mainly
been through sins of omission rather than
commission. In this thorough and unsettling narrative, subtitled A Forgotten History of How Our Government Segregated
America, Richard Rothstein, an associate
at the Economic Policy Institute, informs
us that the conventional view is sadly
mistaken. All levels of government—
federal, state, and local—played a decisive
role in fostering racial segregation.
In 1933, as the New Deal got under
way, Secretary of the Interior Harold
Ickes launched the nation’s first federal
public housing program. His Public Works
Administration set out to provide apartments for both blacks and whites, but notably, not together. Some projects were to
be set aside for blacks and others for
whites, except for a relative few that included both, though in separate buildings.
The Ickes rule set the stage for a long
series of government-led rules that reinforced and, in many cases, created such
segregation, not just in the Jim Crow
South but throughout the country. The
1949 Housing Act permitted the construction of racially segregated public housing.
As a result, in Boston, the Mission Hill
project was 98% white, while the nearby
Mission Hill Extension was similarly black.
Nor was public housing the only program operated in an explicitly race-conscious manner. The Federal Housing Administration, which began in 1934 to insure
long-term mortgages with 20% down payments, took race explicitly into account.
Local zoning rules, too, became instruments of residential racial division. Baltimore adopted a zoning code, copied widely,
that prohibited African-Americans from
buying homes on blocks where whites
were a majority, and vice versa.
Yet despite Rothstein’s admirable work
in exposing government-led racial segregation, he remains confident that government today is the appropriate instrument
to effect housing integration. In his view,
government must act because its decisions
led to such neighborhoods in the first
place. He dismisses the idea that his own
narrative strongly suggests the private
housing market, guided by rigorously enforced antidiscrimination laws, offers African-American buyers the surest route to
wealth accumulation and upward mobility.
Rothstein himself recounts how public
housing at times replaced poor, but racially
integrated, neighborhoods spawned in the
private market. In other words, private
housing markets were creating integration
before government planners got in the way.
Poor black neighborhoods characterized by
significant degrees of property ownership
were cleared for public housing, in which
private ownership was by definition absent.
Privately owned homes permit wealth
accumulation. Public housing doesn’t. The
author seems to believe housing integration is the only value, superseding all others. For example, he endorses the Barack
Obama–era policy of “affirmatively furthering fair housing” that would pressure
affluent suburbs to permit the construction
of low-income rental housing. This might
fit the goal of an even distribution of
blacks throughout metropolitan areas. But
it would result in the dispersal of what
amount to small, minority reservations.
Rothstein is enthusiastic about such an
“inclusionary zoning” scheme in Montgomery County, Md. I’ve visited Montgomery
County—and found minority residents who
reported they had to travel a long distance
every Sunday to go to church in the District of Columbia. In a related context,
Hawk Newsome, the president of Black
Lives Matter of Greater New York, has
observed that “black people should not run
away or detach themselves from their
communities.”
Newsome is endorsing another value
that Rothstein might respect. The author
would have the federal government help
minorities buy homes in the Levittowns of
New York and Pennsylvania, where FHA
discrimination was once the rule. But he
ignores the views of black suburbanites,
whose own sense of achievement—working
hard and playing by the rules—would be
undermined by such a plan. As sociologist
Herbert Gans has written in his classic
The Levittowners, “Experience with residential integration in many communities,
including Levittown, indicates that it can
be achieved without problems when the
two races are similar in socioeconomic level
and in the visible cultural aspects of class.”
Rothstein also ignores the fact that, in
the matter of race, the U.S. has already
been changing. According to a study by
economists Edward Glaeser and Jacob
Vigdor, “American cities are now more integrated than they’ve been since 1910.”
The problem of black poverty persists—
and must be addressed. But Richard Rothstein seems more interested in creating a
policy time machine that would somehow
correct past injustices than he is in acknowledging that the private housing market offers the best hope for wealth accumulation and upward mobility for all
Americans. In its main task of correcting
the historical record, The Color of Law
succeeds brilliantly. But it is far less successful as a work of policy prescription. Manhattan Institute senior fellow HOWARD
HUSOCK is the author of America’s TrillionDollar Housing Mistake.
Model Crisis
How humans blew it in 2008
The End of Theory
by Richard Bookstaber
Princeton University
Press, 240 pages, $29.95
Reviewed by Peter J. Wallison
RICHARD BOOKSTABER IS AN EXPERIENCED
participant in finance whose latest book—
subtitled Financial Crises, the Failure of
Economics, and the Sweep of Human
Interaction—argues that conventional
models of the economy don’t take sufficient account of the ways that humans
react to the risk of financial loss. He’s correct that economic models didn’t predict
the 2008 financial crisis, and makes sense
in arguing that his “agent-based model”—
which attempts to take account of how
humans react to market fluctuations—is
better at handling crises once they occur.
But the author’s writing descends into
obscurity when he tries to elaborate on his
idea. “I am not proposing a specific model
to deal with crises,” he writes. “I am putting forward a process, a paradigm that, at
any point in time, will be manifest as a
model for that period.” Huh?
Bookstaber’s best example of humancaused complexity is the 2008 financial crisis, when actions by panicked participants
withdrawing liquidity from a collapsing
market caused yet more fear and liquidity
reductions. But the Federal Reserve
stepped in, implementing a host of vehicles
to provide market players with the necessary liquidity. This would seem to be what
Bookstaber has in mind for dealing with a
financial crisis, but he doesn’t even mention the Fed in his discussion of the crisis.
The story of the financial crisis isn’t
about the failure of economic theory or how
difficult it is to manage a crisis made more
acute by human behavior. Humans played
an important role, but not in the way Bookstaber suggests. In every significant respect, the crisis was caused by human
beings creating badly designed government
policies and committing tragic blunders.
First, government policies—specifically
the affordable-housing goals imposed on
the government-backed mortgage firms
Fannie Mae and Freddie Mac—caused the
buildup of subprime and other weak mortgages in the economy. The goals required
Fannie and Freddie to reduce their underwriting standards. Because they were the
dominant standard setters for the housing
market, this caused mortgage-underwriting
standards throughout the U.S. to decline.
By 2008, more than half of all U.S.
mortgages were subprime or otherwise
weak, and of those, 76% were on the books
of government agencies, primarily Fannie
and Freddie. In other words, humans
wielding government power created the
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
BARRON’S
demand for these mortgages.
When these and other loans began to
default in unprecedented numbers in 2007
and 2008, the foundation for a financial
crisis was laid. Still, there was time for government intervention to prevent a major
crisis. The Fed’s efforts were directed at
that goal, supplying liquidity. Why didn’t
this intervention work?
The government rescue of Bear Stearns,
and the subsequent refusal to rescue Lehman Brothers, played a crucial role. In
March 2008, the Treasury and the Fed decided to bail out Bear Stearns, the first government rescue of a financial firm that
wasn’t an insured bank. The bailout sent a
message that the government was going to
rescue all large financial institutions. This,
along with the Fed’s continuing liquidity
support, calmed investors, and for six
months the market remained fairly steady.
This was when all firms that had suffered
losses would be expected to sell equity, shoring up their capital to reassure their creditors: Why dilute your shareholders if the
government will bail out your creditors anyway? So vital capital-raising was deferred.
Then, in September 2008, the potential
insolvency of Lehman Brothers, another
investment bank about 50% larger than
Bear Stearns, caused a second bout of market anxiety. But this time, unaccountably,
Treasury balked at a rescue. The refusal upended all market expectations and caused
the massive investor panic we call the financial crisis. What we learn from this—contrary to Bookstaber’s thesis—is that markets
can work as economic theories suggest. But
human intervention can drive things wildly
off track. PETER WALLISON is the author of Hidden in Plain
Sight: What Really Caused the World’s Worst Financial Crisis—and Why It Could Happen Again.
Beating the Booze
Our long war with alcoholism
Drunks: An American
History
by Christopher M. Finan
Beacon Press,
326 pages, $29.95
holism in America—a bit too sober, perhaps, given the potentially colorful subject
matter. Finan kicks off the story with a
chapter about the ruinous effects of hooch
on Native Americans, then moves on to the
first organizations that tried to rescue gin
monkeys from alcohol’s hegemony. From
the very beginning, this movement was
rooted in compassion and respect, eventually leading to a belief that alcoholism
wasn’t a sign of defective moral character,
but an actual disease.
A good chunk of Drunks is devoted to
the temperance movement, which was astonishingly successful in shuttering saloons
and distilleries. Yet the movement wasn’t
monolithic. Some prohibitionists believed in
total abstinence; others felt that getting
drunks to simply lay off the hard stuff was
sufficient. Some favored peaceful protests;
some, like the fierce, hatchet-wielding
Carrie Nation, preferred a more direct
approach.
In 1909, the Salvation Army launched a
“Boozers’ Convention” in New York City. It
hired a fleet of buses and began prowling
the streets of Manhattan looking for
drunks. “To draw even more attention,”
Finan writes, “the army organized a nearly
mile-long parade in the afternoon that was
led by a large water wagon from the city’s
street-cleaning department. Bums rode the
water wagon, which was flanked by army
soldiers who pretended to keep them there.
Farther back was a reeling drunk chained
to a walking whiskey bottle that was ten
feet tall; his grieving wife and staring children followed. Five marching bands kept
the parade moving.”
During the Prohibition era, antibooze
crusaders tried to get drinking declared a
felony. One extremist even wanted drunks
locked up in concentration camps somewhere off the coast of Alaska. Writes Finan:
“When bootleggers started stealing millions
of gallons of industrial alcohol and turning
it into liquor, the federal government responded by adding chemicals to the alcohol.
Some merely added an unpleasant taste, but
others were toxic.”
The disease theory of alcoholism was
never universally believed. People who
grew up in homes tyrannized by alcoholics
are more likely to think that if you have a
disease that makes you beat your kids
every time you imbibe a specific beverage,
then maybe you should stop imbibing it.
The old it’s-my-disease-speaking dodge—a
variation of “the Devil made me do it”—
allows abusive alkies to do the crime without doing the time. 31
ECONOMICS IN THREE LESSONS
ONE HUNDRED ECONOMIC LAWS
&
by H Lw, author of Are the Rich Necessary?
(“Highly provocative and highly pleasurable.”
—Harry Hurt III, New York Times)
T W O W O R KS I N O N E V O LU M E
enry Hazlitt’s Economics in One Lesson, published in 1946, is perhaps the best-selling
economics book of all time. In Economics in
Three Lessons, Hunter Lewis, a Hazlitt admirer
and student, provides a sequel and an update to
Hazlitt’s classic introduction to economics.
In a companion work, One Hundred Economic
Laws, Lewis has drawn together the most important laws of economics. Everyone accepts the
laws of physics. Are there also economic laws?
Can understanding them improve our lives? Lewis
answers with a resounding yes.
H
In one volume, with great brevity and simplicity, Hunter Lewis gives the reader
both an ideal introduction to economics and then a complete course on the subject that anyone can understand.
Axios Press  October, 2017  5.25” x 8”  Hardcover  $15.00  978-1-60419-114-1
Available from booksellers everywhere and at AxiosPress.com
XIOS
How do you play
Asia’s internet
stock boom?
Find out at barrons.com/asia
Free for Barron’s subscribers
Reviewed by Joe Queenan
HISTORIAN CHRISTOPHER M. FINAN HAS WRIT-
ten a thorough and sober account of alco-
JOE QUEENAN is the author of Closing Time,
which recounts his upbringing “in a family dominated by his erratic, alcoholic father.”
©2017 Dow Jones & Company. All Rights Reserved. 2E107
32
BARRON’S
SPEAKING OF DIVIDENDS
n
October 2, 2017
By Lawrence C. Strauss
A Time-Tested Strategy Still Works
benefit from any change in repatriation Reserve has slowly been implementing biggest driver of future dividend inLook for higher-yielding stocks with good laws” under a tax-reform package, the since late 2015.
creases, which we expect in the 10% range
growth potential and hold on to them.
portfolio manager adds.
The company is expected to earn $6.80 over the next two to three years.”
The strategy has suited the Nuveen
Shares of NextEra Energy (NEE) have
The fund’s second-largest holding, a share this year, compared with $6.19 in
Santa Barbara Dividend Growth fund Microsoft (MSFT), recently announced 2016 and $7.57 next year. Boothe expects slid about 2.5% over the last month, amid
(ticker: NSBAX) pretty well. The $3 billion that it is raising its quarterly dividend to the bank to grow its dividend at a 10% the fallout from Hurricane Irma. The comfund, which aims to generate both capital 42 cents, up nearly 8% from 39 cents.
pany’s FPL unit generrate.
appreciation and income, has a respectable
Microsoft, says Boothe, “has shown a
UnitedHealth Group (UNH), the fund’s ates, transmits, and dis- Dividend
long-term record. Its manager, James consistent history of dividend growth, with fourth-largest holding, has a diversified tributes electricity across Payments,
Boothe, has run the fund since its inception an attractive yield of 2.3%, and we believe business model that includes benefits man- Florida, large parts of page M43
in 2006. It holds about 40 issues. And its 10- it should be able to continue to grow the agement, consulting, and managed-care net- which were ravaged by
year annual return is 7.34%, besting 76% of dividend at a high-single-digit rate as works. Boothe expects it to increase its the huge storm. But the company also has
its peers in Morningstar’s large-cap
a large renewable-energy business,
blend category.
with customers across the country.
The fund hasn’t done as well over Steady Dividend Growers
The 2017 mean earnings estimate is
more recent periods, however, partly These are the largest holdings of the Nuveen Santa Barbara Dividend Growth fund, which looks for
$6.73 a share, about the same as it was
because stocks that don’t pay dividends faster-growing payouts. It has outpaced 75% of its large-cap blend peers over 10 years.
at the end of August, before Irma hit,
have outperformed those that do—
according to FactSet. A key driver of
1-Year
Est. 2018
Recent
Dividend
Market
Total
Dividend
2018E
Payout
thanks in no small part to names like Company / Ticker
its dividend growth, which Boothe exPrice
Yield
Value (bil)
Return
Increase
P/E
Ratio*
Facebook (FB) and Amazon.com
pects to be in the 12% to 14% range
$154.23
1.6%
$796.6
38.8%
9%
14.1
26.2%
(AMZN). The portfolio’s three-year an- Apple / AAPL
over the next several years, is the re73.85
2.3
568.8
30.5
7
23.2
47.1
nual return is 8.6%, placing it in the Microsoft / MSFT
newable-energy business. The company
bottom half of its category.
also benefits from its stake in NextEra
JPMorgan Chase / JPM
95.18
2.4
334.9
46.9
13
12.6
30.4
But the fund is durable, no doubt
Energy Partners (NEP), which owns
UnitedHealth Group / UNH 194.49
1.5
188.0
40.3
9
17.9
29.6
helped by the dividends that its holdrenewable projects that throw off
91.80
3.1
47.0
19.5
9
16.0
86.9
ings provide. In 2008, for example, it Phillips 66 / PSX
plenty of cash.
lost 24.61% amid the financial crisis, NextEra Energy / NEE
Boothe also holds Honeywell
146.25
2.7
68.5
18.7
13
20.2
56.2
but that put it well ahead of the Stan- Fidelity National
International (HON), which was
dard & Poor’s 500 index, which was Information Services / FIS
yielding 1.9% late last week. The con93.00
1.2
30.9
21.3
4
19.1
26.7
down 37%. The fund also bested 98% of Wells Fargo / WFC
glomerate has consistently raised its
54.21
2.9
269.1
23.8
5
12.3
38.1
its peers that year.
payout, most recently to 74.5 cents a
111.10
2.9
158.7
6.3
7
20.0
61.0
Its annual turnover is 28%, about Pepsico / PEP
share, a 12% hike. Its capital expendihalf of the category average, and its Honeywell
tures are expected to moderate over
139.57
1.9
106.4
23.4
13
18.0
37.1
expense ratio for the A shares is International / HON
the next few years, and that would
*Based on most recent fiscal year. Data as of Sept. 27; top holdings as of Aug. 31
Sources: FactSet; Santa Barbara Asset Management
0.99%.
help the firm continue to increase the
dividend. Honeywell’s consensus diviThe fund focuses on mid- and
earnings growth improves.”
earnings at a double-digit pace, helped by dend estimate for 2018 is $3.04 a share,
large-cap names that yield more than the
Analysts expect Microsoft to earn $3.19 organic growth, as well as by mergers and versus $2.70 now.
S&P 500, are growing their payouts faster this fiscal year, which ends next June, down acquisitions.
In other news, American Express
than the broader market, or both. And it from $3.31 last year, and $3.59 in 2019. The
looks for stocks that are less volatile than tech titan’s dividend strength would benefit Its payout ratio—the percentage of net (AXP) plans to raise its quarterly divithe S&P. Its 10-year standard deviation is from being able to repatriate its overseas income paid out as dividends—last year was dend by 9%, to 35 cents a share, up from
about 30%, leaving plenty of room for more 32 cents. The stock was yielding 1.6% late
13.49, versus the broader market’s 15.16, cash, currently about $128 billion.
according to Morningstar.
Next is JPMorgan Chase (JPM), the increases. “We think 15% to 20% dividend last week, and the shares have returned
45% over the past year. Analysts are
The accompanying table shows Nuveen banking giant. It has announced two quar- growth is very achievable,” he says.
Phillips 66 (PSX) accounts for the looking for the company to earn $5.74 a
Santa Barbara’s top 10 holdings as of terly dividend increases this year, most
Aug. 31; the largest was Apple (AAPL). recently to 56 cents a share, for a 12% fund’s largest energy position. The com- share this year, up slightly from $5.65 in
pany, which refines, stores, transports, and 2016, and $6.39 in 2018…Lockheed MarBoothe asserts that the company’s latest hike. The stock yields 2.4%.
iPhone line “provides enough compelling
The bank, Boothe says, “is more capital markets fuels, has adjusted to a world of tin (LMT) declared a quarterly payout of
reasons for consumers who had been wait- markets–focused, and that area has histori- lower energy prices. Its stock has re- $2 a share, up 10% from $1.82. The defense contractor yields 2.4%. Its consening to finally upgrade their smartphones.” cally been more volatile than traditional turned about 20% over the past year.
As for its dividend, it should benefit sus profit estimate for this year is $12.64
He maintains that the tech powerhouse consumer banking.” But the portfolio chief
can boost its dividend at a 10% annual clip maintains that the bank is very well posi- “from lower capex spending in 2018” and a share, versus $12.38 in 2016. Next
in the coming years. Apple’s large cash tioned to take market share from competi- new projects coming on-line, says Boothe. year’s forecast is $14.17. balance—estimated at nearly $250 billion tors. And it should also benefit from He expects “the cash-flow growth from
as of July 1, mostly held offshore—“could interest-rate increases, which the Federal recently finished large projects to be the email: lawrence.strauss@barrons.com
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IT’S A PRETTY BASIC INVESTING STRATEGY:
October 2, 2017
BARRON’S
33
Economic Beat
Personal Saving Is Much Stronger Than It Looks
by Gene Epstein
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
PERSONAL SAVING IS PLUNGING, IF YOU BELIEVE THE LATEST
How to reconcile
declining savings
data with the
vast increase in
household wealth
1987.
numbers from the Bureau of Economic Analysis. Yet the
downtrend is hard to reconcile with the awesome growth
of household net worth tracked by the Federal Reserve.
The BEA’s definition of personal saving makes sense—
to a point. But a more expansive view is needed in order
to connect the dots between saving and saving’s main
objective: building wealth.
The BEA reported on Friday that personal saving in August ran at
3.6% of after-tax income, down from 4.9% in August 2016 and 6% in August
2015. The actual amount saved in the 12 months through the second quarter of this year has run at $572 billion, down from $798 billion through
second-quarter 2016.
Yet according to the recent update by the Fed, household net worth—
assets minus liabilities—hit a record high of $96.2 trillion at the end of the
second quarter, a jump of $8.2 trillion from a year ago.
Now lay the above figures side by side. How is it possible that, while
people were saving $572 billion, household net worth grew by an outsize
$8.2 trillion? True, assets do appreciate. But this seems like an implausibly
large bang for the buck.
Maybe the recent period has been unique. But a roughly similar anomaly
stares you in the face when you look at the past decade. Over the 10 years
ended in the second quarter, personal saving totaled $6.8 trillion, while net
worth vaulted by $38.6 trillion. Such figures make it look as though investors
have a Midas touch that might be the envy of Warren Buffett. The truth,
however, is that households did far more saving than the BEA data indicate.
The agency’s seemingly plausible definition of personal saving (omitting
certain nuances) is whatever is left over from after-tax income once all outlays are made. To get an idea of what isn’t captured in that definition, and
really should be, think about how dealings in the stock market get treated.
In the BEA definition, dividend payouts go into income while stock purchases are counted as saving, since such purchases are financed with funds
that are saved. So far, so good. But what about the huge investments that
The retirement plan began over two cups
of black coffee. Not by coincidence, it was
toasted with a 30-year-old single malt in
2017.
publicly owned companies make out of retained earnings? Since shareholders own the companies, those earnings surely belong to them. And if the
earnings are invested, that’s a saving decision that should properly be
imputed to shareholders and therefore to people. Yet those savings are not
recorded in BEA figures. The Fed’s data on household net worth do capture
the increase in the value of equity assets that results from that saving.
Now we are closer to connecting the dots. Just as institutions don’t pay
taxes, only people do—institutions don’t save, only people do. One proxy
for the saving that people do is gross private domestic investment, which
came to $25.8 trillion over the 10 years through the second quarter. That
figure goes a long way toward explaining how the net worth of households
rose by $38.5 trillion over the same period.
Through the 12 months ending in this year’s second quarter, gross
private domestic investment ran $2.9 trillion in inflation-adjusted dollars,
matching the record high of 2015. Personal saving may not be thriving, but
it’s far more robust than the official data indicate.
Speaking of after-tax income, last week President Donald Trump proposed a cut in personal income taxes that would lend it a boost, at least
in the aggregate. Instead of seven income-tax brackets spanning from 10%
to 39.6%, there would be three brackets: 12%, 25%, and 35%. While the
lowest bracket would rise, other exemptions could mean an effective reduction for low-income taxpayers.
Other parts of the new tax plan include a cut in the tax on corporate
profits to 20% from 35%. Businesses that normally pay taxes through the
individual returns of their owners would get their top rate capped at 25%.
And both the estate tax and the alternative minimum tax would be repealed.
As with other such proposals from the president, the plan was shot
through with unknowns. Just for starters, the income levels for each tax
bracket were not divulged. Moreover, it’s not really a tax cut (see last week’s
column, “Tooth-Fairy Economics Triumphs in GOP Tax-Cut Plan”). email: gepstein@barrons.com
A toast-worthy plan is about more than a well-managed investment
portfolio. A Raymond James financial advisor can help build
a plan to both maintain your lifestyle in retirement, and support
the things most important to you. LI F E W E LL PLA N N E D.
L I F E W E L L P LA N N E D . COM
WEALTH MANAGEMENT
|
BANKING
|
CAPITAL MARKETS
34
BARRON’S
Mailbag
“The price [of gene therapy] is out of this world, and
insurance can’t be expected to pick up the tab. Where’s
the money going to come from?” DAVID J. GROSS, St. Augustine, Fla.
Mailbag
Gene Therapy
To the Editor:
Regarding “Gene Therapy Is Nearing a
Major Breakthrough” (Cover Story,
Sept. 23), the science is unbelievable, the
price is out of this world, and insurance
can’t be expected to pick up the tab.
Where’s the money going to come from?
DAVID J. GROSS, M.D.
St. Augustine, Fla.
To the Editor:
I enjoyed your story about how companies
are trying to apply genetic treatments to
some heretofore untreatable illnesses.
Undoubtedly, these treatments will be expensive. This is all the more reason why
we must insist that the health-care system
be purged of the multiple ways in which it
currently wastes money.
HOWARD FLOCH, M.D.
Clemmons, N.C.
chases. Ignoring inflation, if companies
pay out all of their earnings as dividends,
a stock-price index might never increase.
If companies repurchase shares, earnings
per share (and prices) will grow. If companies earn a 7% return on equity and reinvest nothing, but use all of the money to
repurchase stock, EPS and prices will
grow by 7% per year, doubling every 10
years or so.
A high growth rate of per capita gross
domestic product, due partly to technological improvements, isn’t necessarily related to stock returns. If competition results in the prices that consumers pay for
goods and services falling, with companies
earning a competitive return on capital,
consumers, rather than the owners of capital, get all of the benefits.
JAY R. RITTER
Gainesville, Fla.
Taxing and Spending
Buffett’s Forecast
To the Editor:
To the Editor:
Gene Epstein’s “Tooth-Fairy Economics
Triumphs in GOP Tax-Cut Plan” (Economic Beat, Sept. 23) was a terrific insight
Randall W. Forsyth in “Dow 1,000,000”
(Up & Down Wall Street, Sept. 23), confuses a useful rule of thumb with mathematical precision. While it is true that corporate earnings are an important driver of
returns, what really matters is the risk
premium that investors demand and how
earnings grow, relative to what is baked
into stock prices.
If corporate earnings grow 4% per
year, P/Es remain around 18 (admittedly
an unlikely combination), and dividends
average 2%, the Dow would exceed
1,000,000 by a breathtaking amount in 100
years. That Einstein was really on to
something.
into taxes and tax policy.
For a better system, Congress should
review the proposals of the remarkable
economist Hyman Minsky. He advocated
the elimination of corporate income taxes
in his book, Stabilizing an Unstable Economy. He also advocated eliminating the
employer share of payroll taxes. He described both as hidden sales taxes on domestic producers only, making them less
competitive. Minsky suggested those taxes
be replaced with value-added taxes—taxes
that are paid by foreign imports, as well
as domestic firms.
cit reduction. The cutting of taxes will almost certainly lead to further gains in
business income and related taxes.
As to spending, President Donald
Trump has been in office less than a year.
Please give him some time to make the
necessary cuts and manage spending.
However, if businesspeople and business publications keep taking shots at a
business-friendly president who in a very
short period has created a great record on
economic improvement, they will get what
they deserve—a left-leaning socialist-style
antibusiness government.
JOSEPH POLITO
Toronto
PAT DOYLE
North Vancouver
To the Editor:
Why is a business newspaper seemingly
always against a pro-business president—
one who actually realizes that the success
of the U.S. economy depends completely
on the health of the business sector?
Has no one noticed that GDP is rising,
the stock market is reaching new highs
almost every day, business confidence is at
an all-time high, and job-killing regulations have been reduced?
All of these things augur well for defi-
Broken-Window Fallacy
In “The Upside of Rate Hikes: Higher
Yields Are Coming” (Current Yield,
Sept. 23), Amey Stone states that “a need
to rebuild homes and businesses and replace totaled cars will spur growth.” This
seems to be a shortsighted and a zerosum outlook.
I recently read an article by Doug
Kass, “Don’t Buy Into the Broken Window
Fallacy.” In it, he claims that such a view
is “economic nonsense,” in that spending
to repair the damage of hurricanes just
takes money from other parts of the economy. While certain sectors will benefit in
the short term, the money has to come
from somewhere, and the long-term result
is that there are no winners.
To the Editor:
I agree with Warren Buffett’s forecast
that the Dow will probably hit 1,000,000 in
the next century.
Whether the Dow hits that figure obviously depends on future inflation, but it
has very little to do with productivity
growth. The growth of the Dow mainly
has to do with the mix of equity returns
between capital gains and share repur-
Gene Epstein responds:
I wrote in early September about a “bona
fide Trump bump,” referring to the fact
that “the Small Business Optimism Index
has been above 100 since Trump was
elected.” I added, “If the vast smallbusiness sector comes alive again, then
sustained 3% growth might happen.”
So, please, exempt me from the charge
of being “always against” Trump.
To the Editor:
GORDON GOULD
Boulder, Colo.
Phil Witte for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
ROBERT F. MCLAUGHLIN
Herndon, Va.
“What do you suppose Ken Burns will have to say about all this in 30 years?”
Send letters to:
Mail@Barrons.com. To be considered for
publication, correspondence must bear the
writer’s name, address, and phone number.
Letters are subject to editing.
October 2, 2017
BARRON’S
35
Other Voices
by Simon Johnson
How to Rebuild Puerto Rico’s Power Grid
gress are coming under mounting pressure
to increase assistance to Puerto Rico. The
devastation caused there recently by Hurricane Maria has only exacerbated severe longer-term problems resulting from deferred
maintenance on the island’s critical infrastructure. Puerto Rico needs more than
short-term assistance (although this is also
urgent); it needs bipartisan support to
rebuild, with an initial and essential focus
on a more robust and cheaper supply of
electricity.
The existing electricity grid has substantially collapsed, with the Federal Emergency
Management Administration, or FEMA,
estimating that as much as 90% of the transmission system may have been destroyed by
the hurricane. A major dam is at risk. Damage to the air-traffic-control infrastructure
has severely limited flights to and from the
island.
As Governor Ricardo Rosselló has stated
publicly, there is now a real risk of a major
humanitarian disaster. Donations are flowing
in, but the total will be small relative to
what is needed.
The Trump administration says that
FEMA is working hard and effectively. Let’s
hope that’s right. There will be a lot of questions about whether Puerto Rico’s roughly
3.4 million U.S. citizens receive the same
support as Texas and Florida (and other
parts of the 50 states) when natural disaster
strikes.
But the bigger question is this: What will
be done—and by whom—to help Puerto Rico
really recover?
Puerto Rico, a dependent territory of the
U.S., needs major investment in its essential
infrastructure to bring it at least to the level
of the 50 states. After the humanitarian situation is stabilized, policy makers should focus on providing Puerto Rico with stable, reliable, and cost-effective electric power,
generated primarily by renewables and distributed over a smart, resilient grid. Ensuring energy availability will be indispensable
for stability and sustained economic growth.
Merely propping up aging infrastructure
won’t be effective. Cheaper and more resilient electricity benefits everyone, from the
sidewalk vendor to the most sophisticated
pharmaceutical operation. And all of the
technology needed to provide it is available
in the U.S. today.
Ironically, the Puerto Rico Electric Power
Authority, or Prepa, the bankrupt incumbent
energy provider, has been effective primarily
in building its own competition. Electricity
prices on the island are higher than anywhere else in the U.S. (except Hawaii), and
service is unreliable. As a result, an evergrowing number of customers have shunned
Prepa’s offerings, relying instead on their
own diesel-powered generators.
Noel Zamot, who serves as revitalization
coordinator under the Financial Oversight
and Management Board for Puerto Rico, has
suggested that a smart, resilient grid would
be designed from the ground up, and would
rely on distributed generation to mitigate
the impact of future natural disasters or human attacks. Smaller, more agile power-generation units would be linked to a sophisticated monitoring and control system to
ensure immediate start-up and generation
following outages.
Moreover, at least 50% of all energy
could come from renewables (solar, wind,
tidal, and more), including through the use
of advanced storage technologies, some of
which are under development. The bulk of
long-haul transmission lines would be
shielded or buried, and an information strategy that deploys sensors appropriately
would detect losses, whatever their source.
Such a grid would stabilize costs for
existing businesses, probably reducing the
single biggest cost for most small and
medium-size enterprises. And it would create conditions for truly innovative future
scenarios. Imagine Puerto Rico becoming
the electric-vehicle capital of the world, with
well-apportioned recharging stations, nearzero emissions, and car-sharing for the tourism sector. Puerto Rico could even become
an energy exporter, supplying excess capacity to nearby neighbors in the U.S. and British Virgin Islands.
All of this (with the exception of largescale storage for renewables) is achievable
with existing technology. The key issues are
strategic, organizational, and regulatory.
With government support, and an under-
Workers check a utility pole damaged by Hurricane Maria in Puerto Rico.
standing of the proper governance structure
and processes for effective regulation, this
vision could be executed within the coming
decade. And building this grid would generate plenty of good jobs.
The federal government’s role should be
to make Puerto Rico a hub for investing in
clean, renewable energy that is resilient to
weather shocks. New technology that results
from this investment could be commercialized and sold to a world that is struggling to
adapt to climate change and extreme
weather.
The Trump administration would have
trouble getting such a package of long-run
investment through Congress with only
Republican support, and various ideological
objections would no doubt be raised. But
this is a perfect opportunity for Trump to
reach out to the Democrats and to demonstrate that both sides can cooperate on rebuilding and updating essential national infrastructure. SIMON JOHNSON is a professor at the Massachusetts Institute of Technology’s Sloan School of
Management and the co-author of White House
Burning: The Founding Fathers, Our National
Debt, and Why It Matters to You.
Copyright: Project Syndicate, 2017
www.project-syndicate.org
The damage caused by
Hurricane Maria affords
the U.S. government an
opportunity to upgrade
Puerto Rico’s power system,
with a focus on renewable
energy sources.
Alex Wroblewski/Bloomberg
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
PRESIDENT DONALD TRUMP AND THE U.S. CON-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
36
BARRON’S
S
October 2, 2017
October 2, 2017
BARRON’S
M1
September 25 through September 29, 2017
Index to Statistics 16
•
“Fall means
back to school
for kids—and
back to taxes
for Congress.”
Data released last week showed August U.S. margin debt—a measure of how
much borrowed money investors use to
buy equities—reached a record $551 billion. Highs for this number sometimes
peak before huge drops in stock prices, as
happened in 2000 and 2007. Head for the
exits? Not so fast. The problem, notes Bedebt is frequently at a record high. Since
1959, nearly one in four monthly margindebt readings were record highs, says Bespoke. And over that span, the difference
between average Standard & Poor’s 500
index performance six months after record months and six months after nonrecord months is minimal.
The Trader
Emerging Markets
The Dow rises 0.25%
on the week, just
missing a fresh record. 3
Five reasons to doubt
whether this rally can
stay the course. 7
European Trader
Current Yield
Two Catalonian banks
should thrive despite
secession uncertainty. 6
Why investors should
guard against the risks
in floating-rate loans. 9
Asian Trader
Striking Price
China’s answer to Tesla
is profitable, and its
stock is cheap. 7
As throngs buy puts on
the S&P 500, some savvy
holders are selling. 10
Strong September
Gain in Spain
Auto Mate
Our Founder Clarence Barron
Beware of Bull
Sink or Swim
Crowded Out
Milton Glaser for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
spoke Investment Group, is that margin
M2
BARRON’S
October 2, 2017
Charting the Market
A graphic look at selected stock activity for the week ended September 29, 2017 n Edited by Bill Alpert and David Schutt
BLACKBERRY
MICRON TECHNOLOGY
BBRY (NASD) • 11.18 • 2.05
12
Strong sales of software
in the August quarter advanced the wireless tech
firm’s recovery. It will supply the software for Delphi’s
self-driving car products.
11
S O
N
D
J
F
M
A
M
10
9
M T W T F
8
Stock Price $
12.5
J
Revenues soared 91% in
the memory chip maker’s
August quarter, lifting gross
margins from a year-earlier
18% to 51%. Demand is
healthy, says Micron.
41
42
ZGNX (NASD) • 35.05 • 20.65
39
As the world learned the
desperate damage done by
Hurricane Maria to Puerto
Rico, investors feared for
the island’s largest bank.
Popular donated to victims.
40
A Phase 3 trial of the
drug developer’s treatment
for a rare form of epilepsy
showed a two-thirds reduction in seizure frequency.
Another trial continues.
37
35
M T W T F
33
Stock Price $
42
26.5
8.0
24
36
20.0
6.5
18
32
13.5
5.0
12
28
7.0
Volume in Millions
104
52
0
Volume in Millions
274
137
0
Volume in Millions
14
7
0
Volume in Millions
34
17
0
J
A
S
S O
N
D
J
F
M
A
M
J
J
A
S
94
92
M T W T F
90
Stock Price $
114
J
N
D
J
F
M
A
M
F
M
A
M
J
J
A
S
S O
N
D
J
F
27
24
M T W T F
21
Stock Price $
33
A
M
J
J
A
S
DEXCOM
OUT (NYSE) • 25.18 • 4.14
As hoped, the firm won a
long-term contract to run the
ads and billboards in the
subways, trains and buses of
the New York Metropolitan
Transportation Authority.
M
26
DXCM (NASD) • 48.93 • -21.07
72.0
25
The company’s blood
sugar monitor, which requires finger pricks, faces
competition from a just-approved Abbott Laboratories
device that is bloodless.
64.5
24
23
M T W T F
22
Stock Price $
28.0
57.0
49.5
M T W T F
42.0
Stock Price $
93.5
29
26.5
83.0
25
25.0
72.5
90
21
23.5
62.0
82
17
22.0
51.5
74
13
20.5
41.0
Volume in Millions
14
7
0
Volume in Millions
8
4
0
Volume in Millions
16
8
0
Volume in Millions
44
22
0
J
A
S
S O
N
D
J
F
M
A
M
J
J
A
S
S O
N
D
J
F
AXOVANT SCIENCES
9.5
29
9.0
Alzheimer’s patients didn’t
improve in a test of the company’s experimental drug—
dashing hopes of another
biotech blockbuster from celebrity CEO David Hung.
23
8.0
M T W T F
7.5
M
A
M
J
J
A
S
S O
N
D
J
F
GREENHILL
AXON (NASD) • 6.88 • -18.11
8.5
J
J
98
QEP (NYSE) • 8.57 • 0.20
S O
D
106
QEP RESOURCES
The oil and gas explorer
sold an oil field, but said
production has unexpectedly
declined in its Williston Basin wells. Other wells in the
Permian Basin are delayed.
N
OUTFRONT MEDIA
30
M
S O
OVERSTOCK.COM
33
A
Stock Price $
39.5
33.0
The online clearance retailer will help launch a
cryptocurrency
trading
market. An Overstock subsidiary has developed a
Blockchain trading system.
M
M T W T F
40
OSTK (NASD) • 29.70 • 5.50
F
Stock Price $
48
17
10
44
96
J
M T W T F
34
30
98
D
36
31
24
36
Medicare proposed cuts
in next year’s reimbursement rates for clinical labs
like Quest and its rival Laboratory Corp. Final rates
will be set in November.
N
38
38
9.5
DGX (NYSE) • 93.64 • -8.47
S O
ZOGENIX
BPOP (NASD) • 35.94 • -3.87
11.0
QUEST DIAGNOSTICS
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
POPULAR
MU (NASD) • 39.33 • 3.26
17
11
M T W T F
5
A
M
J
J
A
S
VERITONE
GHL (NYSE) • 16.60 • 2.15
As the investment banking boutique struggles for
business, founder Robert
Greenhill and its current
CEO will invest $20 million.
But dividends may shrink.
M
17.5
VERI (NASD) • 45.45 • -10.83
77.0
16.5
After short seller Andrew
Left critiqued the ambitious,
but unproven, artificial intelligence startup, a Roth Capital analyst raised his price
target to $64.
66.5
15.5
14.5
M T W T F
13.5
56.0
45.5
M T W T F
35.0
Stock Price $
21.5
Stock Price $
30
Stock Price $
33
Stock Price $
80
18.5
25
29
64
15.5
20
25
48
12.5
15
21
32
9.5
10
17
16
6.5
5
13
0
Volume in Millions
58
29
0
Volume in Millions
62
31
0
Volume in Millions
10
5
0
Volume in Millions
14
7
0
J
A
S
S O
N
D
J
F
M
A
M
J
J
A
S
S O
N
D
J
F
M
A
M
J
J
A
S
S O
N
D
J
F
M
A
M
J
J
A
S
The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The
dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than that time period.
October 2, 2017
BARRON’S
M3
The Trader
The Dow Notches a Strong September
by Lawrence C. Strauss
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
SMALL-CAP STOCKS SCORED AN IMPRESSIVE
One question is
who will assume
the market’s
leadership, especially
if tech loses steam.
gain last week, with the Russell 2000
Index climbing 2.76% to a record high,
amid a strong overall showing for equities.
The Standard & Poor’s 500 index and
Nasdaq Composite Index reached new
peaks, as well. The Dow Jones Industrial
Average, up 0.25% on the week, missed out on setting a new
record. But like other stock indexes, it enjoyed a strong
September—a month when large-cap stocks have often
struggled—and third quarter, gaining nearly 5% over the
three months. The S&P 500 rose 0.68% last week, and the
Nasdaq Composite was up 1.07%, regaining its footing after
a poor start. The Nasdaq Composite is up 20.7% this year.
The Dow finished the month up 2.08%. Over the past
century, the index has averaged a 1.09% loss in September,
the worst-performing month, according to Bespoke Investment Group. Paul Hickey, co-founder of Bespoke, attributed
the market’s recent gains to two factors: “We’re seeing
growth picking up again,” he says. And he cited the increasing optimism that some kind of a tax-reform package will
get passed in Washington in the near future.
That certainly has helped small-cap names, many of
which typically have higher tax rates than bigger firms do.
Small caps were also helped by a stronger greenback, as
they don’t have the multinational exposure of many larger
firms. The Russell 2000 appreciated 6.09% in September.
After a selloff early in the week, technology stocks recovered somewhat. Even energy, a laggard for the most of the
year, perked up. S&P 500 energy companies appreciated
nearly 10% in September and had a strong week, up 1.9%.
“It almost feels like people are taking chips off the
table,” says Robert Bernstone, head of trading for index
sector products at Credit Suisse. Tech and emerging market
stocks cooled off last week, he says, and it looked like some
investors were covering short positions in energy names.
One question after Friday’s close is which sector will assume market leadership, especially if tech loses steam. “We’ve
seen the financials take the baton from tech a few times this
year, most notably from June to early July,” asserted a note
by Instinet. “That coincided with rates rising. Rates eventually faded, though. Can this time be any different?”
S&P 500 tech stocks are up 26% this year, ahead of all
other sectors. Health care is in second place, having gained
nearly 19%. “It has been tech up to this point,” says Bernstone. “Does that continue? Maybe.” At the same time, he
says, “people are waiting to see who is going to lead the
market to the next level.”
Dow Jones Industrials
CLOSE 22405.09
PERCENTAGE CHANGE: 52-Wk +22.38 YTD +13.37 Wkly +0.25
21600
20575
19550
18525
17500
O
N
D
S&P 500
J
F
M
A
M
J
J
A
S
CLOSE 2519.36
PERCENTAGE CHANGE: 52-Wk +16.19 YTD +12.53 Wkly +0.68
2425
2300
2175
2050
O
N
D
J
F
Nasdaq Composite
M
A
M
J
J
A
S
CLOSE 6495.96
PERCENTAGE CHANGE: 52-Wk +22.29 YTD +20.67 Wkly +1.07
6150
5750
5350
4950
O
N
D
J
Barron’s 400
F
M
A
M
J
J
A
S
CLOSE 678.27
PERCENTAGE CHANGE: 52-Wk +23.06 YTD +12.74 Wkly +2.40
645
600
555
510
O
N
D
J
F
M
A
M
J
J
A
S
Source: Barron’s Statistics
M4
BARRON’S
October 2, 2017
Mike Wilson, chief U.S. equity strategist
at Morgan Stanley, views last week’s market
activity as the second phase of a trade on
inflation perking up, aka the reflation trade.
“We aren’t looking for runaway inflation,” Wilson says. “We think we’re late
cycle. This is classic late cycle where you
get some inflation pressure at the end.”
That would favor more cyclical parts of
the market. Among those sectors that would
benefit are energy, materials, industrials,
and even financials, given how low interest
rates remain by historical standards.
The strongest individual stock performers in the quarter were Boeing (ticker: BA),
up 28.6%, and Caterpillar (CAT), up 16.1%.
The Dow Jones Transportation Average also
had a strong quarter, gaining 3.67%.
Tax Reform’s Winners and Losers
Borrow, Earn, Spend and Invest
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
at Lower Costs and Higher Returns1
Borrow against your
2
account at 1.41% to 2.66% APR.
Earn interest of 0.66% APR
on your qualifying idle balances
and extra income by lending
your fully paid shares.3
Spend and borrow directly
against your account with
Interactive Brokers Debit
Mastercard® anywhere Debit
Mastercard is accepted around
the world.
Invest in stocks, options, futures,
forex and bonds on over 100 global
exchanges at lower cost.4
To transfer your account visit:
ibkr.com/ibmc
Wednesday brought the first details of the
Republican tax plan—but skepticism remains high. The plan calls for U.S. corporate tax rates to drop to 20%, a tax on overseas profits, and the high end of personal
income-tax rates to slip to 35% from its
current 39.6%. It keeps the mortgage-interest deduction, but would eliminate local and
state tax deductions.
Don’t confuse the plan with an actual bill,
however. While it lists goals, it isn’t nearly
ready to be passed into law. Criticisms have
come from all sides—about the impact on
the deficit and the benefits to the wealthiest
taxpayers, just to name two—and there’s
little chance the plan will pass as is.
We aren’t going to let a little thing like
that bother us. While changes will inevitably
be made, and getting the votes necessary to
pass it could take longer than one would
hope, chances are that something will
emerge from Washington before all is said
and done. Odds are that the market will get
a nice boost when it does.
Let’s get one thing straight: The market
doesn’t need tax cuts to continue its run.
S&P 500 earnings are expected to grow at
a none-too-shabby 10% clip in 2018 under
the current tax plan, according to RBC
economist Tom Porcelli. Consider then, what
could happen if the GOP plan does pass as
is. The effective tax rate for U.S. corporations would fall to 20% from its current 27%,
a seven-point drop. By Porcelli’s estimates,
each 1% is worth $1.50 in earnings per
share for the S&P 500, resulting in $10.50 in
additional earnings. At a current 12-month
forward price/earnings ratio of 19, Porcelli
estimates tax cuts would add 200 points to
the S&P 500. “This is a direct flow-through
to the bottom line,” Porcelli says.
And none of that accounts for the possible indirect benefits if companies use those
additional profits—and those from repatriation of overseas cash—to buy back shares,
providing an additional earnings lift. Nor
does it consider the boost to sales that would
come from stronger economic growth that
could result from lower individual tax rates—
history suggests the plan in its current form
would add half a percentage point annually
to U.S. economic growth, Porcelli says.
But this time may be different. Most tax
cuts occur just after a recession ends, when
taxpayers are less inclined to spend their
windfalls. Now, with confidence high, the job
market strong, and incomes rising, consumers may be inclined to spend more than
they have in the past. “The ‘propensity to
spend’ could very well be higher than historically observed,” Porcelli says.
But for all the talk of tax cuts, the new
rules for corporations could lead to some
companies paying more taxes, not less. How
is that possible? Yes, U.S. taxes will drop,
but it will become harder for corporations to
avoid paying a levy on cash earned overseas. In fact, they’ll be forced to pay at least
VITAL SIGNS
Friday's
Close
One World, One Account
Margin borrowing is only for sophisticated investors with high
risk tolerance. You may lose more than your initial investment.
Interactive Brokers LLC is a member of NYSE, FINRA, SIPC.
DJ Industrials
DJ Transportation
DJ Utilities
DJ 65 Stocks
DJ US Market
Week's
Change
Week's
% Chg.
22405.09 + 55.50 + 0.25
9914.35 + 209.97 + 2.16
723.60 –
3.03 – 0.42
7711.12 + 51.48 + 0.67
629.91 +
4.60 + 0.74
09-IB17-1125
[1] Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment
will be profitable. [2] Annual Percentage Rate (APR) on USD margin loan balances as of 9/06/17. Interactive Brokers calculates the
interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information
on margin loan rates, see ibkr.com/interest. [3] Credit interest rate as of 9/06/2017. USD credit interest is paid on balances over
USD 10,000 in accounts with Net Asset Value exceeding USD 100,000. For more information, see ibkr.com/interest. [4] According to
Barron’s Broker Survey 2017: How They Stack Up, March 20, 2017. For complete information, see ibkr.com/info
NYSE Comp.
Margin loan rates and credit interest rates are subject to change without prior notice.
S&P SmallCap
BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE,
IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International.
“Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank © 2014.
Nasdaq
Value Line (arith.)
5777.97 + 100.77 + 1.77
All interest and borrowing activity is through Interactive Brokers LLC. Please see your customer agreement with Interactive Brokers
LLC for further details.
Russell 2000
1490.86 + 40.08 + 2.76
Card program marketed and administered by Interactive Brokers LLC, the Program Manager of the Interactive Brokers Debit
Mastercard.
12209.15 + 57.36 + 0.47
NYSE Amer Comp.
2639.29 + 26.16 + 1.00
S&P 500
2519.36 + 17.14 + 0.68
S&P MidCap
1795.94 + 27.29 + 1.54
DJ US TSM Float
903.98 + 29.11 + 3.33
6495.96 + 69.04 + 1.07
26148.54 + 221.72 + 0.86
Last Week Week Earlier
NYSE Advances
Declines
1,967
1,749
1,102
1,317
Unchanged
55
52
New Highs
394
370
New Lows
Av Daily Vol (mil)
Dollar
(Finex spot index)
T-Bond
(CBT nearby futures)
Crude Oil
(NYM light sweet crude)
49
53
3,200.9
3,112.6
93.07
92.17
152-260
154-030
51.67
50.66
Inflation KR–CRB
(Futures Price Index)
183.09
183.57
Gold
(CMX nearby futures)
1281.50
1293.30
October 2, 2017
BARRON’S
10% on foreign income, even if it isn’t
brought home, and it will be harder to play
geographic games with accounting. That
could put a pinch on companies that get an
outsize portion of sales in the U.S., but have
low tax rates, says Wolfe Research strategist
Chris Senyek. Using a 10% rate on
international profits, and a 25% tax on U.S.
income—five points higher than the original
plan calls for—Senyek assembled a list of
companies that could see the biggest tax-rate
increases and hits to earnings per share.
The companies include Hanesbrands
(HBI), which could see its tax rate rise from
6.4% to 22.8%; sensor-maker Sensata Technologies Holding (ST), whose tax rate
could rise from 7.2% to 25%; and biotech
Incyte (INCY), whose tax rate could hit
24.6% from 3%. Other stocks that made
Senyek’s list: Allergan (AGN), Eaton
(ETN), Analog Devices (ADI), and Mallinckrodt (MNK).
Sure, tax cuts might be good for the
market. But we all can’t be winners.
—BEN
LEVISOHN
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
The Volatility Paradox
Everywhere you look, someone is saying
that volatility is too low. But what if it isn’t
low enough?
It seems like an odd claim to make. The
CBOE Volatility Index, or VIX, closed at 9.4
on Friday, well below its long-term average
around 20. We also know that volatility is
mean-reverting—that is, quiet markets eventually become very, very noisy ones.
That said, Nomura Instinet quantitative
strategist Joseph Mezrich argues that not
only is the VIX not too low; it might
deserve to be lower. His argument suggests
that rather than being a reason to worry,
the market’s extreme calm might be benign.
Yes, benign. The degree of volatility
reflects investors’ perceived certainty—or
lack thereof—regarding future returns.
With so much chaos in the world right
now—North Korea’s threats, hurricane
hardships, and political pandemonium, to
name just a few—it would seem that the
volatility index should be much higher. But
stocks don’t care about such factors unless
they affect earnings. And for now, at least,
that chaos hasn’t translated into unpredictable profit streams.
In fact, Wall Street’s analysts have rarely
been in as much agreement as to how much
individual companies will earn in the quarters ahead, Mezrich says. He measured the
difference among analysts’ estimates on individual company earnings—a measure
known as dispersion—going back to 2000,
and found that it now sits near its lowest
levels on record, which he attributes to
technological advances in information gathering. But Mezrich didn’t stop there. He
M5
Industry Action
Performance of DJ U.S. Ind, ranked by wkly % chg.*
Oil & Gas
1.94%
Financials
1.24
Technology
1.20
Consumer Services
0.45
Consumer Goods
0.33
Industrials
0.32
Basic Materials
0.24
Telecommunications
0.21
Health Care
0.20
–0.39
Utilities
The next chapter
in investing
™
* For breakdown see page M40. Source: S&P Dow Jones Indices
found a tight correlation between estimate
dispersion and the VIX, so that when dispersion is low, implied volatility should be,
too. And analysts don’t even have to be
right. What does matter is that they are in
agreement. So much so that the data suggest that the VIX should be trading at
about nine, Mezrich says.
So what should investors fear? Higher
volatility, Mezrich says. Not the kinds of
spikes we’ve seen recently that have sent
the CBOE index as high as 17.3. In fact,
market peaks rarely occur with the VIX under 20. Instead, the low VIX creates a buffer of safety for the market, so that stocks
can get more volatile without it meaning the
end of the bull market. That usually occurs
when the VIX has not only crossed above
20, but also stays there for at least a few
months. “On this basis also, a sustained
market correction hardly seems imminent,”
Mezrich says.
Even some fundamental strategists are
coming around to that point of view. Barclays’ Dennis Jose, for instance, isn’t feeling
particularly good about U.S. stocks, which
he notes are trading at 30 times cyclically
adjusted earnings, a level exceeded only in
2000 and 1929.
Yet, despite his misgivings, Jose and his
colleagues don’t expect much volatility during the remainder of the year. Instead, he
notes that “traditional ‘comfort’ factors for
investors”—among them low inflation, stable
economic growth, easy money courtesy of
the world’s central banks, and elevated
profit margins—have helped prop up the
market multiple, and none looks likely to
change soon. “This placid environment looks
likely to remain in place in the near term,”
Jose explains. “Our central scenario is for
stability in the U.S. market.”
We don’t have to like low volatility. We
might even want to fear it. But it sure
looks like we’ll have to live with it for a
while longer.
—B.L.
Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
An investor should consider investment objectives, risks, charges and expenses
carefully before investing. To obtain a prospectus, which contains this and other
information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the
prospectus carefully before investing.
All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to
sector risks and non-diversification risks, which generally results in greater price fluctuations than the
overall stock market. Ordinary brokerage commissions apply.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select
Sector SPDR Trust.
WILL THE
BULL MARKET REIGN?
Prosper in a Pivotal Time
From Trump and the Fed to earnings season and Brexit — navigate a shifting
economic landscape with the trusted insights and in-depth analysis that
have made Barron’s a must-read on Wall Street since 1921.
JOIN NOW: WWW.BARRONS.COM/JOIN
© 2017 Dow Jones & Co., Inc. All rights reserved. 2E5147
M6
BARRON’S
European Trader
2 Catalan Banks to Buy Despite Secession Vote
by Victor Reklaitis
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
INVESTORS HAVE GROWN ACCUSTOMED TO THE SLOG OF THE
The most likely
scenario: Catalonia
ends up with more
control over its budget
and other matters.
Brexit process, and Grexit feels like ancient history.
So it’s Catexit, as some have dubbed Catalonia’s potential
break with Spain, which is now rattling the markets. Catalans are planning a Sunday referendum on secession, which
the Spanish government has been trying to prevent after
declaring the ballot illegal. Political maneuvering should continue in the weeks ahead.
Brave investors might want to consider two Cataloniabased banks. CaixaBank (ticker: CABK.Spain) and Banco
de Sabadell (SAB.Spain) aren’t very Catalonian in terms of
revenue bases, and they have other strengths, too. What’s
more, the bulls say that total independence is unlikely.
CaixaBank is the best bet among Spain’s domestically
focused banks, say Jefferies analysts, who favor it over
rivals Sabadell, Bankia (BKIA.Spain), and Bankinter
(BKT.Spain). Shares of CaixaBank have been driven this
year by the view that it is particularly well positioned to
benefit from rising interest rates. If rates don’t end up rising, CaixaBank would weather the setback better than its
peers, says Jefferies analyst Benjie Creelan-Sandford.
“Bankia, Bankinter, and Sabadell still have very strong
hedging contributions supporting current net-interest
income, and if rates don’t rise, that’s going to run out and
going to be a pressure [on profit margins]. CaixaBank is
less exposed to that,” he says.
The bank’s fee-generating businesses are another plus.
It gets 22% of core revenue from asset management and
insurance, above Sabadell’s 8% and Bankia’s 13%, if below
Bankinter’s 34%, according to Jefferies.
European
And the company’s investment division
Markets,
could sell its sizable stakes in energy gipage M30
ant Repsol (REP.Spain), telecom
Telefónica (TEF.Spain), and others,
Creelan-Sandford says. If you assume they sold those
stakes, he says, “and made a one-off special distribution,
it would be equivalent to an additional 3% yield.” The
stock’s dividend yield is 2.5%.
Jefferies analysts have a price target over a 12-month period of 4.60 euros ($5.42) for CaixaBank, implying a rise of
about 8% from the stock’s recent price of about €4.26. They
stop short of calling the stock a Buy, instead making it a
Hold, in part because Jefferies requires an implied increase
of at least 15% for a Buy. CaixaBank could get the Buy if
shares slump on secession fears, while the bank’s fundamentals remain intact.
CaixaBank is in the middle of its pack by one valuation
metric—price to tangible net asset value—while Sabadell is
cheap. CaixaBank has a P/TNAV of about 1.3, based on 2017
estimates, above Sabadell and Bankia’s 0.9 and below
Bankinter’s 1.7, says Jefferies.
In all the secession talk, investors risk forgetting that
Spain’s economy has been improving. “The big top-down
theme remains the fact that the European and Spanish
economy continue to do quite well,” Creelan-Sandford says.
“Clearly, there is scope for some volatility, but the hope is
still that you get to a negotiated settlement out the other
side, as opposed to a real schism in Spain.”
The most likely scenario is that Catalonia ends up with
more control over its budget and other matters, and then
you “wouldn’t be talking about a material impact on the
banks or on the growth outlook,” he says. If the region does
fully secede, both CaixaBank and Sabadell could pull up
stakes. They’re both based in Barcelona, Catalonia’s capital.
“There’s no reason why they couldn’t create or move
headquarters to Madrid, if that’s what they needed to do,”
he says. “Both are broad-based banks with large exposures
across Spain, not just in Catalonia.”
In fact, Barclays analysts have thumped the tub lately
for Sabadell, arguing that the stock’s recent selloff on
secession worries was “overdone.” It fell as low as €1.67 in
September. “While Catalonia is important, Sabadell’s direct
exposure to the region broadly aligns to domestic peers
[with approximately] 25% of domestic branches and assets,”
write Barclays’ Aman Rakkar and Rohith Chandra-Rajan.
That suggests the stock’s September weakness is “unjustified” and “a buying opportunity.”
“We don’t expect a significant risk to near-term bank
earnings,” and it’s “highly unlikely” that Catalonian independence will come soon, Rakkar and Chandra-Rajan add.
“The possible emergence of a stronger pro-independence
mandate could drive extended political headline risk and volatility. As well as weighing on investor sentiment, this could
impact bank earnings over the medium term, but we’d see
this as manageable.”
The analysts have a price target of €2 for Sabadell, implying a rally of 13% from a recent price around €1.77, along
with an overweight rating. Their bullish take was credited
with helping it erase some losses in the past week.
In European markets during the past week, the main
benchmarks scored gains, though Spain’s IBEX 35 index
was roughly up 0.74% for the week, as it appeared hamstrung by referendum-related concerns. VICTOR REKLAITIS is a London-based writer for MarketWatch.
October 2, 2017
October 2, 2017
BARRON’S
M7
Asian Trader
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Emerging Markets
China’s Alternative to Tesla
5 Reasons to Doubt the Rally
by Assif Shameen
by Craig Mellow
INVESTORS LOOKING FOR AN ELECTRIC AUTO ALTERNATIVE TO TESLA’S EXPENSIVE
NOTHING SUCCEEDS LIKE SUCCESS, ESPECIALLY ON WALL STREET. A 27% SURGE
shares should kick the tires of China’s BYD, which is profitable and even pays
a small dividend.
China is well-positioned to support the company. A huge car market stretching from China to India to Indonesia is still growing, as Asians buy their first
cars and governments incentivize and subsidize electric-vehicle purchases—and
build infrastructure. By backing EVs, Asian policy makers are addressing larger
environment issues in crowded cities.
Sales of electric vehicles are forecast to grow 30% in China alone this year,
to 680,000 units, before rising 46% next year. UBS estimates global EV sales will
reach 14.3 million units in 2025, with China accounting for 4.8 million.
China is in the driver’s seat as far as EVs are concerned, says Christopher
Richter, an auto analyst at CLSA in Tokyo. “Japan got to be a big player in
autos after the oil price shock of the 1970s,” recalls Richter. The world
needed smaller cars, and Toyota, Nissan, and Honda stepped into the breach.
“China sees EVs as its opportunity, the same way the Japanese saw small
cars 40 years ago.” The economics of building and selling the cars will improve over the next five to 10 years giving the car makers and their suppliers
a chance to shine on the global stage.
Tesla (ticker: TSLA) has been the preferred investor play. It sold 76,000 vehicles in 2016 and is forecast to move up to 130,000 this year, including its new
Model 3. But Tesla is expected to lose $1.4 billion this year and $513 million next
year, so valuing the stock is a guess. The shares are up 55% since January.
BYD produces a range of sedans, subcompacts, and SUVs powered by electric,
gas, and gas/electric engines, as well as electric buses.
It is expected to report a profit of $894 million this year Tables: Asian
and $1.2 billion next year. The stock has been on its own Markets, page M30
tear, rising 86% since January. Warren Buffett’s Berk- Emerging Markets,
shire Hathaway (BRK.A) has a 9.9% stake in BYD, Barrons.com
which has risen nearly tenfold since he bought it in 2008.
Like Tesla, BYD has been focused on end-to-end control of its products as
well as the resultant ecosystem. It is developing its own batteries and trying
to produce more of its cars in-house than its better-known U.S. rival. BYD already sells its buses in the U.S. from its small California plant, and Buffett
hopes the firm will sell cars some day. BYD’s popular E5 sedan retails for
$34,000 before discounts.
Nomura analyst James Wong recently raised his price target on BYD to 93
Hong Kong dollars ($11.91), 22% above the prior target. Even after its spectacular run, BYD stock is relatively inexpensive, Wong argues. It trades at 24 times
next year’s estimated earnings, or 2.9 times book value, and just over 20 times
2019 expected earnings.
While ramping up EV production and phasing out traditional gasoline-powered cars, BYD’s net debt-to-equity figure is 57% and is set to decline 42% by
2019. That’s a far cry from Tesla, which has aggressively used debt to fund
growth. In all, Tesla’s net-debt-to-equity figure is estimated at 160%. BYD even
pays a small dividend (the yield is 0.3%), so you are being rewarded as you wait
for the big payday. this year in the major emerging markets index has brought out a flock of analysts to explain why the developing world is back to stay as an outperformer.
Not everyone agrees, though. Before you jump on the bandwagon, it might be
wise to consider these five die-hard emerging market bear arguments.
There Is No China Reform. As President Xi Jinping nears the end of his
first five-year term, his promised structural changes have proved a nothing
burger, says J.P. Smith, a former Deutsche Bank and Pictet emerging markets
analyst who now runs Ecstrat, a political and global markets consultant in London. State-owned enterprises and the financial system that feeds them are as
bloated and opaque as ever. “We’ve seen bailout after bailout, and the underlying debt system is very fragile,” says Smith.
Xi goosed China’s gross-domestic-product growth a bit with new government stimulus that is turning to tightening, adds David Donabedian, Baltimorebased chief investment officer at CIBC Atlantic Trust, which manages $40 billion in private wealth. China accounts for 29% of the global emerging markets
index itself, and drags along smaller economies that sell it commodities. So a
downturn there would rock the whole asset class.
The Dollar Has Hit Bottom. Impotence in Washington has driven the
greenback’s trade-weighted value down more than 8% this year, creating a
bonanza for ex-U.S. investments. But it may steady or rebound from here. The
Federal Reserve had a muscular Sept. 20 meeting, reiterating tightening
pledges and committing at last to balance-sheet reduction. The euro’s shortlived luster meanwhile faded, thanks to Angela Merkel’s underperformance in
German elections. “[Emmanuel] Macron’s victory in France revived talk of a
more cohesive euro zone, but that isn’t going to happen after Germany,” Smith
says. The dollar gains by default as a global safe-harbor currency.
Low Valuations Are an Illusion. The average trailing price/earnings ratio
for the MSCI Emerging Markets Index is still less than 16, compared with 25
for the Standard & Poor’s 500 index of U.S. stocks. But for many of the stateowned whales that dominate emerging markets—think Chinese banks or
Russian oil companies—“there is no reason to believe the E,” Donabedian says.
More-transparent private-sector companies that are firmly linked to the great
middle-class growth story already trade at P/Es above 20, he notes.
Governance Still Stinks. Emerging market governments have made impressive strides on macro fiscal and monetary policy—arguably more impressive than
their highly developed brethren. But corporate governance often remains a
black hole down which investors throw their money and hope for the best.
“Everybody likes to talk about high-quality emerging market companies, but
there may be, like, two of them,” says Richard Bernstein, who runs his own investment advisory and made a prescient bear call in Barron’s in 2011. Bernstein
is tactically overweight on emerging markets “as a cyclical beta play on global
profit acceleration.” But he rejects arguments that they’ve improved structurally.
India Can’t Do It Alone. Even bears are more hopeful for Narendra Modi’s
India than for its fellow BRICs (Brazil, Russia, and China). But Indian equities
make up less than 9% of the global emerging markets index, not enough to
bolster the asset class against a broad sentiment shift. And Mumbai markets
are already “priced for perfection,” Donabedian says, a term that seems out
of place in a chaotic nation of 1.2 billion. ASSIF SHAMEEN writes about Asian markets from Singapore.
CRAIG MELLOW writes about emerging markets from Savannah, Ga.
In contrast, BYD (1211.Hong Kong) is forecast to sell 150,000 EVs this year.
M8
BARRON’S
October 2, 2017
Winners and Losers
NYSE BIGGEST % MOVERS
NYSE MOST ACTIVE
Winners
Name (Sym)
Volume Close Change %Chg.
SEACOR Marine(SMHI)
732
MyovantSciences(MYOV)
329
Revlon(REV)
3613
OmnovaSol(OMN)
1369
OutfrontMedia(OUT) 15204
elfBeauty(ELF)
4495
Telaria(TLRA)
951
AtwoodOceanics(ATW) 20877
15.64
15.47
24.55
10.95
25.18
22.55
4.36
9.39
+3.59
+3.21
+4.65
+1.85
+4.14
+3.27
+0.61
+1.28
+29.8
+26.2
+23.4
+20.3
+19.7
+17.0
+16.3
+15.8
Losers
Name (Sym)
Natuzzi(NTZ)
RiteAid(RAD)
XeriumTech(XRM)
MBIA(MBI)
FlotekIndustries(FTK)
MarinSoftware(MRIN)
ConcordMed(CCM)
Scana(SCG)
Volume Close Change %Chg.
314
202734
453
22343
10413
466
58
16385
2.05
1.96
4.78
8.70
4.65
1.75
3.51
48.49
–0.52
–0.43
–0.86
–1.38
–0.71
–0.25
–0.49
–6.73
–20.2
–18.0
–15.2
–13.7
–13.2
–12.5
–12.3
–12.2
NYSE AMERICAN BIGGEST % MOVERS
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Volume Close Change %Chg.
VoltInfoSci(VISI)
164
SRC Energy(SRCI)
20638
OncoCyte(OCX)
233
UniqueFabricating(UFAB)
85
RingEnergy(REI)
2685
Libbey(LBY)
730
GSE Systems(GVP)
195
MastechDigital(MHH)
241
3.15
9.67
7.55
8.45
14.49
9.26
3.55
12.78
+0.45
+1.30
+0.95
+0.98
+1.55
+0.94
+0.35
+1.18
+16.7
+15.5
+14.4
+13.1
+12.0
+11.3
+10.9
+10.2
Losers
Name (Sym)
Volume Close Change %Chg.
TakungArt(TKAT)
11
TherapeuticsMD(TXMD) 20921
IntelligentSys(INS)
35
VolitionRX(VNRX)
157
EnviroStar(EVI)
257
AltisourceAsset(AAMC)
14
Myomo(MYO)
169
GEE Group(JOB)
68
2.30
5.29
3.82
2.63
27.65
80.20
6.00
2.95
–0.40
–0.88
–0.52
–0.35
–3.50
–8.75
–0.64
–0.31
–14.8
–14.3
–12.0
–11.7
–11.2
–9.8
–9.6
–9.5
NASDAQ BIGGEST % MOVERS
Volume Percentage Leaders
Volume Percentage Leaders
Volume Percentage Leaders
Volume %Chg. Close Change
Name (Sym)
Name (Sym)
Volume %Chg. Close Change
Evertec(EVTC)
ThirdPointReins(TPRE)
AstoriaFnl(AF)
BancoBradesco(BBDO)
SterlingBancorp(STL)
Alere(ALR)
ItauCorpBanca(ITCB)
OutfrontMedia(OUT)
Triple-S Mgmt(GTS)
Cloudera(CLDR)
Norbord(OSB)
Jabil(JBL)
FortressInvt(FIG)
QuestDiag(DGX)
AmerStWater(AWR)
Greenhill(GHL)
SixFlags(SIX)
InstalledBldg(IBP)
SilverSpringNtwks(SSNI)
BrightScholarEduc(BEDU)
11535
17836
18318
199
33361
36150
390
15204
2562
12885
474
25946
17110
13811
1914
8723
20990
1801
11072
3037
DeltaApparel(DLA)
317
LGL Group(LGL)
160
ParPacific(PARR)
3016
MastechDigital(MHH)
241
IEC Elec(IEC)
201
OncoCyte(OCX)
233
TherapeuticsMD(TXMD) 20921
BarHarborBkshs(BHB)
175
CheniereEnergy(LNG) 14098
SRC Energy(SRCI)
20638
Goldfield(GV)
1800
Espey(ESP)
40
CheniereEnerPtrs(CQP) 1625
EnviroStar(EVI)
257
NatlHealthcare(NHC)
193
RingEnergy(REI)
2685
TompkinsFin(TMP)
193
SagaComm(SGA)
39
ParkNational(PRK)
183
Chase(CCF)
110
Exa(EXA)
AxovantSciences(AXON)
Zogenix(ZGNX)
Synlogic(SYBX)
ProQR Therap(PRQR)
AdvAcceltrApp(AAAP)
GenoceaBiosci(GNCA)
Veritone(VERI)
DexCom(DXCM)
Transcat(TRNS)
KornitDigital(KRNT)
HomeBancShares(HOMB)
PTC Therap(PTCT)
Overstock(OSTK)
Popular(BPOP)
ComtechTel(CMTL)
Intra-Cellular(ITCI)
Synalloy(SYNL)
ZynerbaPharma(ZYNE)
AscendisPharma(ASND)
6513
60540
33050
348
2719
6317
27352
13793
42285
320
8244
18961
18566
7863
13505
3802
13789
205
18105
3171
626.6
530.5
484.7
458.2
447.0
445.5
420.4
334.2
330.5
287.2
286.8
266.3
254.8
226.2
224.3
217.5
212.6
198.4
196.3
189.2
15.85
15.60
21.50
10.52
24.65
50.99
13.90
25.18
23.68
16.62
38.12
28.55
7.97
93.64
49.25
16.60
60.94
64.80
16.17
23.23
–1.55
+0.05
+0.71
–0.63
+0.85
+0.64
–0.35
+4.14
+0.14
–0.29
–1.55
–0.89
–0.02
–8.47
–2.04
+2.15
+1.98
+4.85
–0.01
–2.53
Volume Close Change%Chg.
Name (Sym)
BankofAmerica(BAC)
GeneralElec(GE)
RiteAid(RAD)
FordMotor(F)
Vale(VALE)
ChesapeakeEner(CHK)
WhitingPetrol(WLL)
AT&T(T)
Ambev(ABEV)
Transocean(RIG)
Oracle(ORCL)
Alibaba(BABA)
HewlettPackard(HPE)
Snap(SNAP)
ENSCO(ESV)
Sprint(S)
Nike(NKE)
Pfizer(PFE)
MarathonOil(MRO)
Encana(ECA)
335610 25.34
208427 24.18
202734 1.96
153615 11.97
151819 10.07
145939 4.30
123801 5.46
120287 39.17
118691 6.59
110546 10.76
106333 48.35
104090 172.71
95470 14.71
93030 14.54
91419 5.97
89325 7.78
87804 51.85
87696 35.70
80939 13.56
79757 11.78
B2Gold(BTG)
TherapeuticsMD(TXMD)
SRC Energy(SRCI)
NewGold(NGD)
22ndCentury(XXII)
NorthernDynasty(NAK)
CheniereEnergy(LNG)
PalatinTech(PTN)
GoldenStarRscs(GSS)
ImmunoCellular(IMUC)
AoxingPharm(AXN)
CorMedix(CRMD)
BioPharmX(BPMX)
Pareteum(TEUM)
Globalstar(GSAT)
GastarExploration(GST)
SyntheticBiolog(SYN)
ComstockMining(LODE)
CamberEnergy(CEI)
TransEnterix(TRXC)
Volume Close Change %Chg.
Zogenix(ZGNX)
SpectrumPharm(SPPI)
Exa(EXA)
AcelRxPharm(ACRX)
ZynerbaPharma(ZYNE)
ChinaInternet(CIFS)
TuesdayMorning(TUES)
DicernaPharma(DRNA)
33050
15802
6513
12648
18105
1094
3045
1878
35.05 +20.65 +143.4
14.07 +4.62 +48.9
24.18 +7.75 +47.2
4.60 +1.25 +37.3
8.36 +2.13 +34.2
19.96 +5.00 +33.4
3.20 +0.80 +33.3
5.75 +1.17 +25.5
Losers
Name (Sym)
Volume Close Change %Chg.
AxovantSciences(AXON)
GenoceaBiosci(GNCA)
HealthInsInnov(HIIQ)
DexCom(DXCM)
ProQR Therap(PRQR)
YogaWorks(YOGA)
Cardtronics(CATM)
NightstarTherap(NITE)
60540
27352
13748
42285
2719
505
7645
3000
6.88 –18.11
1.46 –3.83
14.50 –7.25
48.93 –21.07
4.85 –1.35
2.77 –0.76
23.01 –6.26
19.20 –4.80
+0.32 +1.3
–0.69 –2.8
–0.43 –18.0
+0.13 +1.1
–0.09 –0.9
+0.08 +1.9
+0.36 +7.1
+0.58 +1.5
–0.26 –3.8
+1.44 +15.5
+0.19 +0.4
–5.43 –3.0
+0.45 +3.2
+0.84 +6.1
+0.73 +13.9
–0.74 –8.7
–1.39 –2.6
–0.26 –0.7
+0.77 +6.0
+0.53 +4.7
By Dollar Volume
Name (Sym)
–72.5
–72.4
–33.3
–30.1
–21.8
–21.5
–21.4
–20.0
Volume %Chg. Close Change
209.2 21.51
202.0
5.61
185.3 20.80
128.6 12.78
87.0
4.93
81.8
7.55
75.3
5.29
53.0 31.36
51.4 45.04
50.2
9.67
43.2
6.30
27.3 22.50
24.5 28.82
24.1 27.65
21.6 62.57
17.2 14.49
12.2 86.14
10.2 45.60
8.8 107.99
7.6 111.40
–0.31
+0.35
+0.33
+1.18
–0.07
+0.95
–0.88
+1.61
+1.56
+1.30
+0.40
+0.40
+1.79
–3.50
+0.16
+1.55
+5.55
+2.10
+4.55
+6.90
By Share Volume
Name (Sym)
Name (Sym)
Winners
NASDAQ MOST ACTIVE
Name (Sym)
By Share Volume
Winners
Name (Sym)
NYSE AMERICAN MOST ACTIVE
Alibaba(BABA)
16809025 172.71 –5.43
BankofAmerica(BAC) 9329236 25.34 +0.32
Oracle(ORCL)
6957058 48.35 +0.19
JPMorganChase(JPM) 5625169 95.51 +0.68
GeneralElec(GE)
5555849 24.18 –0.69
Citigroup(C)
5219608 72.74 +1.34
AT&T(T)
4664450 39.17 +0.58
Nike(NKE)
4595919 51.85 –1.39
ExxonMobil(XOM)
4506235 81.98 +2.06
WellsFargo(WFC)
4499343 55.15 +0.90
Visa(V)
4099852 105.24 –0.32
AbbVie(ABBV)
3785512 88.86 +1.38
Wal-Mart(WMT)
3747906 78.14 –1.39
Boeing(BA)
3517772 254.21 –2.24
Disney(DIS)
3461552 98.57 –0.03
McDonalds(MCD)
3325748 156.68 –2.23
Equifax(EFX)
3324968 105.99 +0.95
Pfizer(PFE)
3322634 35.70 –0.26
Altria(MO)
3271142 63.42 +0.93
J&J(JNJ)
3177161 130.01 –1.38
–3.0
+1.3
+0.4
+0.7
–2.8
+1.9
+1.5
–2.6
+2.6
+1.7
–0.3
+1.6
–1.7
–0.9
+0.0
–1.4
+0.9
–0.7
+1.5
–1.1
Name (Sym)
CheniereEnergy(LNG)
SRC Energy(SRCI)
TherapeuticsMD(TXMD)
ParPacific(PARR)
NewGold(NGD)
B2Gold(BTG)
CheniereEnerPtrs(CQP)
StraightPath(STRP)
22ndCentury(XXII)
RingEnergy(REI)
NovaGoldRscs(NG)
ImperialOil(IMO)
NorthernDynasty(NAK)
SandstormGold(SAND)
KlondexMines(KLDX)
GranTierraEner(GTE)
Globalstar(GSAT)
Pareteum(TEUM)
ParkNational(PRK)
MAG Silver(MAG)
24.18
6.88
35.05
19.02
4.85
67.62
1.46
45.45
48.93
13.55
15.30
25.22
20.01
29.70
35.94
20.53
15.78
12.50
8.36
36.25
+7.75
–18.11
+20.65
+0.87
–1.35
+12.57
–3.83
–10.83
–21.07
–0.05
–2.15
+1.77
+1.49
+5.50
–3.87
–0.06
–3.51
+0.75
+2.13
+2.01
By Share Volume
Volume Close Change%Chg.
21734 2.80 +0.16 +6.1
20921 5.29 –0.88 –14.3
20638 9.67 +1.30 +15.5
20405 3.71 +0.02 +0.5
16067 2.77 +0.15 +5.7
15438 1.80 –0.08 –4.3
14098 45.04 +1.56 +3.6
12856 0.66 +0.00 +0.5
11926 0.77 +0.02 +3.1
11437 0.37 +0.02 +6.9
10426 0.16 –0.09 –37.3
9930 0.52 +0.05 +10.6
9793 0.29 –0.01 –4.7
9694 1.52 +0.47 +44.8
8636 1.63 –0.14 –7.9
8506 0.88 +0.17 +24.4
8442 0.93 –0.05 –5.0
8235 0.16 –0.01 –7.7
8214 0.17 –0.01 –4.4
7427 1.43 +0.17 +13.5
By Dollar Volume
$ Volume Close Change%Chg.
2627.9
1661.1
1300.5
1233.9
1166.2
1043.3
913.6
807.7
646.7
581.2
509.2
461.7
459.7
441.9
420.9
404.5
373.4
364.0
333.3
321.3
Name (Sym)
Volume Close Change%Chg.
MicronTech(MU)
Apple(AAPL)
Intel(INTC)
Facebook(FB)
CiscoSystems(CSCO)
BlackBerry(BBRY)
JD.com(JD)
Comcast A(CMCSA)
NVIDIA(NVDA)
Microsoft(MSFT)
AppliedMaterials(AMAT)
Roku(ROKU)
Ericsson(ERIC)
SiriusXM(SIRI)
AxovantSciences(AXON)
SPIEnergy(SPI)
Avinger(AVGR)
GileadSciences(GILD)
Altaba(AABA)
Groupon(GRPN)
273717 39.33
153875 154.12
121571 38.08
110862 170.87
110467 33.63
102086 11.18
100201 38.20
97080 38.48
93490 178.77
88587 74.49
85626 52.09
83035 26.54
73760 5.75
70285 5.52
60540 6.88
58051 0.12
56084 0.38
53933 81.02
51289 66.24
48577 5.20
+3.26
+2.23
+0.90
+0.33
+0.26
+2.05
–4.17
+0.38
–0.23
+0.08
+4.32
+3.04
+0.07
–0.02
–18.11
+0.02
+0.14
–2.25
–1.10
+0.64
+9.0
+1.5
+2.4
+0.2
+0.8
+22.5
–9.8
+1.0
–0.1
+0.1
+9.0
+12.9
+1.2
–0.4
–72.5
+14.8
+60.6
–2.7
–1.6
+14.0
By Dollar Volume
$ Volume Close Change%Chg.
713537 45.04
200777 9.67
118492 5.29
94796 20.80
87083 3.71
65877 2.80
64998 28.82
45947 180.67
44844 2.77
44158 14.49
35451 4.12
33263 31.94
29454 1.80
23740 4.54
23021 3.64
19195 2.28
18153 1.63
16955 1.52
16130 107.99
15414 11.23
+1.56
+1.30
–0.88
+0.33
+0.02
+0.16
+1.79
–0.26
+0.15
+1.55
–0.14
+0.30
–0.08
–0.18
+0.04
–0.02
–0.14
+0.47
+4.55
–0.73
+3.6
+15.5
–14.3
+1.6
+0.5
+6.1
+6.6
–0.1
+5.7
+12.0
–3.3
+0.9
–4.3
–3.8
+1.1
–0.9
–7.9
+44.8
+4.4
–6.1
Name (Sym)
$ Volume Close Change%Chg.
Apple(AAPL)
23957942 154.12
Facebook(FB)
18216419 170.87
NVIDIA(NVDA)
16356829 178.77
Amazon.com(AMZN) 12590463 961.35
MicronTech(MU)
10406758 39.33
Tesla(TSLA)
10190332 341.10
Alphabet A(GOOGL)
6843870 973.72
Microsoft(MSFT)
6820038 74.49
Alphabet C(GOOG)
5967931 959.11
GileadSciences(GILD) 4869727 81.02
Netflix(NFLX)
4827871 181.35
Intel(INTC)
4747329 38.08
AppliedMaterials(AMAT) 4720182 52.09
JD.com(JD)
4532499 38.20
Comcast A(CMCSA)
3969935 38.48
CiscoSystems(CSCO) 3731916 33.63
Baidu(BIDU)
3252596 247.69
Roku(ROKU)
2926187 26.54
CharterComms(CHTR) 2804003 363.42
Broadcom(AVGO)
2799824 242.54
+2.23 +1.5
+0.33 +0.2
–0.23 –0.1
+6.25 +0.7
+3.26 +9.0
–9.99 –2.8
+30.46 +3.2
+0.08 +0.1
+30.58 +3.3
–2.25 –2.7
–6.00 –3.2
+0.90 +2.4
+4.32 +9.0
–4.17 –9.8
+0.38 +1.0
+0.26 +0.8
+7.12 +3.0
+3.04 +12.9
+3.12 +0.9
+3.30 +1.4
Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer
than 5,000 shares or priced under $5. Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours and include only issues whose price has changed 5% or more with a previous closing price of
$2 or higher. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
October 2, 2017
BARRON’S
M9
Current
Yield
Bond Markets
Beware the Risks of Floating Rates
Bond Center
GLOBAL SHORT-TERM RATES
$
by Amey Stone
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
WORDS
ARE
POWERFUL,
and for investors seeking
income, the words “floating rate” are particularly
alluring these days. The
Federal Reserve is likely
to raise interest rates
again in December, and rates globally have
risen sharply in just the past week. When
rates rise, bond prices fall. But the coupons
of floating-rate securities adjust higher, so
they pay more and their prices are stable.
If only it were that simple. A wide array
of floating-rate securities trade today, and
the holdings of mutual funds with “floating
rate” in their name vary widely.
Such funds, which offer investors high
yields—now close to 4%—often hold what
are known as bank loans, leveraged loans,
or senior loans. Regardless of what they’re
called, these loans are made to belowinvestment-grade companies—and thus are
packed with credit risk.
“Most of the funds that are floating-rate
tend to be bank-loan funds, whether they
say it or not,” says Brian Rehling, a fixedincome strategist at Wells Fargo Investment
Management. “They have higher yields, and
with funds, yield sells.”
Michael Hintze, senior investment officer at credit investment firm CQS, likes the
asset class because he expects rates to
climb. But he warns that the loans belong
in actively run portfolios—not index funds—
in which managers can assess credit risk.
Loan covenants—provisions that are
supposed to protect investors—increasingly
have been weakened. And although loans
are senior to bonds in a company’s capital
structure, that doesn’t mean much in a restructuring if the company doesn’t issue
bonds. “Some loans sitting inside ETFs
might not end up in a happy place” in the
next downturn, Hintze warns.
The Leader Floating Rate fund (ticker:
LFVFX) is one of the few bank-loan
funds—as Morningstar terms the group—
that buys investment-grade loans. New and
very small, it yields 2.2% and has an average credit quality of A. It can be contrasted
with the group’s goliath, the PowerShares
Senior Loan Portfolio (BKLN), a $9 billion exchange-traded index fund. That ETF
yields 3.23% and has an average credit
quality of double-B, well into junk territory.
“For that additional yield, you aren’t getting paid for the risk,” argues John Lekas,
president of Leader Capital.
For the truly risk-averse, floating-rate
funds that buy very short-term, investmentgrade securities make sense. The iShares
Floating Rate Bond ETF (FLOT), for one,
yields just 1.4%, but has a duration of only
a few months. (Duration, a measure of rate
risk, is tied to the maturity of the bonds in
the portfolio.) Its average credit quality is A.
There are plenty of other floating-rate
securities, aside from loans. Few are available to individual investors, but some are in
funds. CQS’ Hintze is buying European collateralized loan obligations and U.S. residential mortgage-backed securities.
A type of preferred security known as
“fixed to float” can work well when the Fed
is raising rates, says Thomas Byrne of
Wealth Strategies & Management. But if
long-term rates don’t also increase, fixed-tofloat loans typically will lose value.
Another problem with these preferreds—
and floating-rate instruments in general—is
that they are pegged to the London interbank offered rate, or Libor, which is being
phased out in a few years. The terms of their
floating rates will have to be renegotiated.
Investors worried about rising rates
should look at their broader portfolio,
rather than simply adding a floating-rate
fund as a fix, argues Krishna Memani, chief
investment officer of OppenheimerFunds.
Memani likes senior loans for their yield,
not for reducing risk. Shortening maturities
provides the best protection from rising
rates, he says.
In line with that, Byrne suggests simply
building a ladder of bonds with staggered
maturities. Then maturing bonds can be reinvested at higher yields. email: amey.stone@barrons.com
£
Euro
GLOBAL LONG-TERM RATES
Yen
10-Yr. U.S.
T-Note
1.9%
U.K Gilts
German
Bunds
3%
1.5
1.1
2
0.7
0.3
1
-0.1
May
Jun
Jul
Aug
-0.5
Sep
May
U.S. TREASURY YIELD CURVE
9/30/2016
9/1/2017
Jun
Jul
Aug
0
Sep
U.S. Credit - Libor Rate
9/29/2017
Corporate High Yield
Munis
Libor
3.0% 2.2
2 yr = 1.479
2.0
1.0
10 yr = 2.328
30 yr = 2.859
3M
6M
2Y
5Y
10Y
7%
2.1
6
2
5
1.9
4
1.8
3
1.7
2
1.6
30Y
0.0
1.5
Libor = 1.78
May
1
0
Jun
Jul
Aug
Sep
Source: Barrons Statistics / Tullett Prebon
Week's Most Active
INVESTMENT GRADE
Issuer Name
Symbol
Coupon
Change
Yield
T
At&T Inc
Teva Pharmaceutical Finance Netherlands Iii BvTEVA
Credit Agricole Sa (London Branch) ACAFP
T
At&T Inc
BATSLN
Bat Capital Corp
DISCA
Discovery Communications Llc
EQT
Eqt Corp
5.150
3.150
3.250
3.900
4.540
5.200
3.900
Maturity
Feb 14, 2050
Oct 01, 2026
Oct 04, 2024
Aug 14, 2027
Aug 15, 2047
Sep 20, 2047
Oct 01, 2027
Est Vol**
495,546
438,249
428,163
393,295
382,401
373,607
373,402
101.266 99.804 100.649
92.670 91.863 92.550
100.225 99.777 100.100
100.726 100.003 100.142
102.994 101.311 102.708
102.616 99.908 101.560
100.560 99.853 100.033
High
Low
Last
0.313
0.653
n.a.
0.032
0.794
1.503
n.a.
5.108
4.151
3.234
3.882
4.375
5.097
3.896
6.125
5.375
5.875
5.250
5.875
7.250
9.000
Apr 01, 2023
Sep 30, 2025
Oct 15, 2027
Oct 15, 2025
Sep 30, 2027
Oct 15, 2025
Oct 01, 2025
576,554
507,350
438,945
412,817
375,998
355,430
334,359
98.405 94.688 97.250
101.250 100.000 100.850
101.000 99.500 100.063
n.a.
n.a.
n.a.
102.625 100.750 102.625
101.250 100.750 101.125
102.750 99.500 102.250
-0.750
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
6.731
5.208
5.865
n.a.
5.465
7.017
8.513
HIGH YIELD
Rite Aid Corp
Seven Generations Energy Ltd
Beazer Homes Usa Inc
Crc Escrow Issuer Llc
Pilgrims Pride Corp
Jonah Energy Llc
Avantor Inc
RAD
VIICN
BZH
CZR
PPC
JONAHE
VWR
CONVERTIBLE
IAC
0.875 Oct 01, 2022
665,025 104.699 102.000 104.278
n.a.
0.018
Iac Financeco Inc
ATSG
1.125 Oct 15, 2024
350,090 105.214 101.375 104.258
n.a.
0.508
Air Transport Services Group Inc
MU
3.000 Nov 15, 2043
278,217 138.317 122.750 138.317 10.108 -37.867
Micron Technology Inc
INTC
3.250 Aug 01, 2039
178,426 184.000 178.844 183.952
4.268 -0.419
Intel Corp
DISH
3.375 Aug 15, 2026
135,261 112.160 109.670 112.160
1.035
1.879
Dish Network Corp
DXCM
0.750 May 15, 2022
116,417 100.546 85.625 89.002 -12.566
3.340
Dexcom Inc
ICPT
3.250
Jul 01, 2023
115,489 79.750 77.230 77.950
0.220
8.128
Intercept Pharmaceuticals Inc
* Denotes a security whose last round lot trade did not take place on the last business day prior to publication. **(000).
Source: MarketAxess Corporate BondTicker
M10
BARRON’S
October 2, 2017
Striking
Price
Options
Protection Is Getting Expensive
Equity Options
CBOE VOLATILITY INDEX
by Steven M. Sears
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
AS THE FEDERAL RESERVE
ends the historic support
of the financial markets
that it began in response
to the worst financial crisis
since 1929, some investors
are using a nuanced approach to manage what comes next.
They are buying upside calls on the
CBOE Volatility Index, or VIX, and using a
sophisticated trading strategy to prepare for
the Standard & Poor’s 500 index to advance
over the next six months.
This approach might be called the “trust,
but verify” trade.
Should stock indexes plummet from historical highs, and you can pick almost any
reason you want, VIX should surge. VIX
calls are thus a relatively inexpensive insurance policy to protect unrealized investment
gains, or to profit from a sharp correction.
Meanwhile, certain pricing patterns that
are invisible to most investors exist within
the SPDR S&P 500 Trust (ticker: SPY) options market. So many investors have
bought defensive puts, which increase in
value should the fund decline, that the puts
are priced with a fear premium. Investors
are starting to take advantage of that
skew—the difference between the implied
volatility of certain puts and calls—by selling
bearish put options and buying upside calls.
In plain words, this basically means that
puts are more expensive than calls.
Chris Jacobson, a Susquehanna Financial
Group strategist, recently advised his clients
that an investor sold 25,000 March $233 puts
and bought 37,500 December $257 calls,
pocketing about $2.20 for every contract. An
investor also sold 25,000 of the same March
$233 puts to buy 25,000 of the December
$256 calls, collecting $2.80 per contract.
Why would anyone get so bullish when so
many other investors are fretting—wrongly,
we think—that the end is nigh?
Three-month SPY skew is near the highest levels of the past five years. This means
the SPY puts are unusually expensive to buy,
a fact that many investors like to exploit by
selling. But really all the put sale suggests is
VIX Close
THE EQUITY-ONLY PUT-CALL RATIO
VIX Futures
Put-Call Ratio
S&P 500 Index
that some sophisticated investors think they
can get a good price for them and that they
will likely expire worthless if stock keep rallying. If stocks decline, they don’t mind covering those puts or buying stock. The call
position lets them participate in rallies.
25
140
21
120
17
100
Shares of CBOE Holdings (CBOE) have
13
80
been consolidating around $106 to $107 after
we recommended taking profits on our last
CBOE trade that returned 940% in about a
month. However, a recent milestone in VIX
options trading should prompt investors to
keep a close eye on their positions. Last
week, CBOE announced that VIX set a new
daily trading record of 2.6 million contracts,
surpassing the previous record of 2.5 million
from early August. The stock didn’t move
much on the news, but there always seems
to be a lag in investor understanding of what
could affect the shares’ price. Remain vigilant in watching for a potentially strong
stock move that could come when CBOE reports earnings on Nov. 7. Until then, be
ready to lock in profits should our short December $105 put and long December $110
call, executed at a $1.05 credit when the
stock was at $106, become profitable.
In 1992, when the options industry was
struggling to win investor acceptance, the
exchanges and Options Clearing Corp. had
an idea. They would fund and form an investor education group, and the Options Industry Council was born. The OIC, which just
celebrated its 25th anniversary, has taught
thousands of investors how puts and calls
can help them better navigate the stock
market. The group’s website, optionseducation.com, is a rich resource. Many people
and organizations have played roles making
options one of the world’s most important
markets—an incredible feat—but OIC deserves special recognition for pioneering efforts to address financial literacy and teach
legions of investors how to better manage
the risk and reward of the markets. Twitter ID: @sm_sears
e-mail: steve.sears@barrons.com
N D J
Daily Values
F
M
A M
J
9
J A S
Source: CBOE
O
N
D
J
F
SPX SKEW
NDX SKEW
Implied volatility %
Implied volatility %
60
M A M J J A S
Source: McMillan Analysis Corp.
15%
12%
11
13
10
11
9
9
7
O N D J F M A M J
J A S
Source: Credit Suisse Equity Derivatives Strategy
8
7
O N D J F M A M J
J A S
Source: Credit Suisse Equity Derivatives Strategy
Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference
between the implied volatility of puts and calls that are 10% out of the money and expire in three months. Higher
readings are bearish.
Week's Most Active
Company
Symbol
Tot Vol
Calls
Puts
Avg Tot Vol
IV %ile
Ratio
SRCI
15966
15723
243
344
1
46.4
SRC Energy
CTAS
7605
3853
3752
988
9
7.7
Cintas
ACTA
4491
1586
2905
604
0
7.4
Actua Corp.
INFO
12110
2510
9600
1632
20
7.4
IHS Markit
VYGR
4892
4723
169
668
66
7.3
Voyager Therapeutics
SCG
7017
1492
5525
972
100
7.2
SCANA Corp.
ASNA
43042
4813
38229
6360
81
6.8
Ascena Retail Group
TWM
14182
13438
744
2072
6
6.8
Tidewater Midstream
RGEN
3931
1258
2673
616
32
6.4
Repligen
GNCA
3156
716
2440
504
13
6.3
Genocea Biosciences
GALT
4704
4117
587
784
79
6.0
Galectin Therapeutics
FRPT
4204
3980
224
708
0
5.9
FreshPet
MBI
58115
11591
46524
10036
22
5.8
MBIA
UNIT
154021
17785
136236
28852
100
5.3
Uniti Group
FBP
5287
350
4937
1008
27
5.2
First Bancorp Puerto Rico
GREK
17417
1602
15815
3396
0
5.1
Greka Drilling
TTS
4122
682
3440
816
98
5.1
Tile Shop
KBH
29773
24000
5773
6112
43
4.9
KB Homes
DXCM
12683
7717
4966
2748
97
4.6
DexCom
REV
18005
12507
5498
3908
100
4.6
Revlon
This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the
unusually heavy trading in these options might be a predictor of corporate activity – takeovers, earnings surprises, earnings preannouncements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to
their usual pricing levels. Furthermore, many of these situations may be rumor-driven. Most rumors do not prove to be true, so one
should be aware of these increased risks if trading in these names
Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100.
Source: McMillan Analysis
October 2, 2017
BARRON’S
M11
Commodities Corner
Commodity Prices Rebound in Third Quarter
by Myra P. Saefong
climbed 14%, outpacing the gold index, which rose nearly 4%. Aluminum gained
quarterly climb of the year, putting it on track for its second consecutive more than 10%. “China is the world’s biggest producer of aluminum, and
yearly gain, with energy and metals posting the biggest increases. Some of between overcapacity and cuts in production over the winter months earlier this
these sectors should continue their rise in the final quarter.
year”—in order to reduce air pollution—“supply has become a problem, pushing
The S&P GSCI Index, which tracks 24 commodities, rose 7.5% for the third prices up through the third quarter,” says Adam Koos, president of Libertas
quarter as of Thursday, after falling 6.5% in the first half. “There was a clear Wealth Management Group. “Governmental policies and the cost of energy may
split between winners and losers this quarter, with
continue to push prices higher from here,” he adds.
Commodities’ Third-Quarter
economically sensitive energy and metals coming out
Gold, meanwhile, has benefited from the dollar’s
Winners and Losers
ahead of agriculture and livestock,” says Jodie Gunzdecline, which could continue. “Gold rose over the
Gasoil
24.89% past few months because the dollar was dropping,”
berg, global head of commodities and real assets at
Heating
Oil
23.01
S&P Dow Jones Indices.
says Brien Lundin, editor of Gold Newsletter, pointBrent Crude
17.20
The energy sector, particularly gasoil, heating oil,
ing out that “the two have been mirroring each other
Zinc
14.34
gasoline, and crude oil, was the quarter’s standout.
quite closely all year long.”
Corn
–7.48
Gasoil, a fuel used in machinery, suffered from
–13.50
Wheat
Among big decliners, lean hogs suffered the
hurricane-related disruptions. The S&P GSCI Gasoil
–14.45
Kansas Wheat
most, with the S&P GSCI Lean Hogs Index off more
Index rose nearly 25% for the quarter. “Inventories
Lean Hogs
than 30%. “Hog supplies are seasonally increasing,
didn’t get restocked,” says Gunzberg. The fuel is a –30.42
Source: S&P GSCI
with weights trending above year-ago levels,” says
top performer “from its strong fundamentals of low
supply and high demand,” and prices are “likely to rise as the hurricane dis- David Maloni, president of the American Restaurant Association, a food and
turbed the usual September restocking window. The same supply and trans- energy commodity-services organization. “This has pushed hog prices downward,” and supplies should “remain fairly ample through the fall.” Wheat also
portation issues may support oil and gasoline for some time.”
The S&P GSCI Heating Oil Index climbed 23% for the quarter, while the sharply fell for the quarter, with the S&P GSCI Wheat Index off 13.5%. Prices
Brent crude index rose 17%. The market saw better compliance among produc- backed off during the summer following “spring wheat-crop concerns induced
ers participating in the Organization of Petroleum Exporting Countries-led by drought in the Northern Plains,” says Maloni. “World wheat supplies remain
crude-oil output-cut agreement, and the Hurricane Har- fairly ample, but a [smaller-than-expected] spring crop in the U.S. and in CanCommodity Indexes, vey effects in late August on petroleum-product trans- ada, along with a sharply smaller pending crop in Australia, could underpin
Barrons.com
portation prompted a sharp rise in gas prices, says wheat prices this fall.”
Overall for the third quarter, at least, commodity returns were “very solid,”
Gunzberg. “Solid demand growth and OPEC production
constraints have helped the oil market get supply and demand more in balance,” but “this shouldn’t be interpreted as an all-clear sign” for the sector, says U.S.
says Rob Haworth, senior investment strategist at U.S. Bank Wealth Manage- Bank’s Haworth. Year to date, the S&P GSCI Index has climbed by a not-soment. He remains “cautious” on oil because these higher prices are likely to “re- impressive 0.5%, after a nearly 28% jump last year. sult in a rebound in U.S. energy investment and production growth.”
Metals were also mainly higher for the quarter. The S&P GSCI Zinc Index MYRA P. SAEFONG is a commodities writer for MarketWatch.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
A KEY PERFORMANCE GAUGE FOR THE COMMODITIES SECTOR LOGGED ITS FIRST
INVEST IN WHAT’S REAL
w w w. u s c f i n v e s t m e n t s . c o m
Member Firm ALPS Distributors, Inc
|
© Copyright 2016 - 2017 USCF
M12
BARRON’S
13D Filings
shares at prices from $57.29 to $59.62
from Aug. 28 to Sept. 18.
St. Joe (JOE)
Investors Report to the SEC
13Ds are filed with the Securities and Exchange Commission within 10 days of an entity’s
attaining a greater than 5% position in any class of a company’s securities. Subsequent
changes in holdings or intentions must be reported in amended filings. This material has
been extracted from filings released by the SEC from Sept. 21 through Sept. 27, 2017.
Source: InsiderScore.com
Activist Filings
Nierenberg Investment Management
issued a letter to Houston Wire & Cable’s
CEO James Pokluda and Chairman William Sheffield on Sept. 26. It commended
them for the company’s recent acquisition
of fastener distributor Vertex “to reduce
dependence on the cyclical energy business,” and the performance of the core
business as it “returned to positive
Ebitda.” Nierenberg further wrote that
management is strong and that “management and the board are responsible capital
allocators,” yet the shares are “trading
around historic lows.”
Nierenberg suggested four initiatives,
including a technology investment in Vertex to spur its rapid growth and reduce
reliance on energy, the use of free cash to
halve Vertex’s debt after funding its
growth, the addition of directors with
digital and specialty-fastener expertise,
and encouraging insiders to continue
buying.
On Sept. 26, Nierenberg disclosed a
stake of 1,374,851 shares (8.3% of the outstanding total) after buying 101,600 at
$4.77 to $5.93 each from July 28 to Sept. 18.
Decreases in Holdings
Agilysys (AGYS)
Discovery Equity Partners trimmed its
stake to 1,318,983 shares (5.6%) by selling
231,446 shares ranging in price from $10
to $11.15 apiece in the span from Aug. 23
through Sept. 25.
Quintiles IMS Holdings (Q)
Increases in Holdings
On Sept. 14, TPG Capital participated in
a registered offering agreement whereby
it sold 4,877,974 shares at $94.87, cutting
its holdings to 28,285,500 shares (13.4%).
Separately filed, the Canada Pension
Plan Investment Board reported that it
sold 2,249,342 according to the same
agreement, lowering its stake to 13,049,669
shares (6.2%). Out of the nine million
shares offered by current shareholders,
Quintiles repurchased four million.
National Fuel Gas (NFG)
Great Elm Capital Corp. (GECC)
Gamco Investors (GBL) increased its
holding to 6,516,782 shares (7.6%) as a
result of its purchase of 20,670 shares for
$56.80 to $57.92 apiece in the period from
Aug. 31 to Sept. 20, and the sale of 9,120
MAST Capital Management reduced its
stake to 5,327,406 (46.3%) by selling
126,476 shares ranging in price from
$10.55 to $10.93 apiece during the span of
Sept. 8 through Sept. 26.
Original Filings
Alteryx (AYX)
Abdiel Capital switched from a passive to
an active stance with its purchase of
2,565,822 shares from Aug. 3 to Sept. 15 at
prices ranging from $18.66 to $23.81 each,
raising its stake to 3,926,344 (20.9%). It
did not reveal plans or proposals.
ShoreTel (SHOR)
InsiderScore.com is a provider of insider,
institutional, and stock-buyback data,
analytics, and research. For a free analysis
of your holdings, visit InsiderScore.com
or call 866-400-9595.
The Activist Spotlight
J. Alexander’s Holdings
(JAX)
Business: dining restaurants
Investor’s Avg Cost: $10.23/share
Stock Market Value: $171 million
($11.65/share)
What’s Happening: Marathon
Partners is opposing the company’s
acquisition of 99 Restaurants, a subsidiary of Fidelity National Financial (FNF).
Key Numbers:
6.3%: percentage of common
shares owned by Marathon
18.4%: percentage of shareholders who didn’t vote in last year’s
annual meeting
66.7%: percentage of shares
needed to approve the acquisition
Behind the Scenes: Marathon
has been a shareholder of JAX since
it was spun off from FNF two years
ago. Marathon takes issue with the
process and the price of this transaction. The JAX board doesn’t have a
single independent director relative
to FNF: every one of them is also an
officer and/or director of FNF or
one of its affiliates. While the transaction is described as JAX acquiring
99 Restaurants, since FNF will own
52.5% of JAX’s common stock following the transaction, this is effectively
an acquisition by FNF of JAX at a
premium-less $11 per share.
Marathon believes that JAX is
worth $13 to $15 per share and is urging the board to retain an investment
banker to conduct a formal auction.
Marathon isn’t likely to engage in a
costly proxy solicitation to fight this
transaction, but it probably doesn’t
have to. If shareholder turnout is consistent with last year’s annual meeting, Marathon would need only 8.7%
of other shares to block the deal.
Shareholders like Eminence Capital
(8.92%), River Road Asset Management (7.05%), and Ancora Advisors
(2.92%) are all potential opponents of
this transaction based on their activist
history.
—KENNETH SQUIRE
The 13D Activist Fund, a mutual fund
run by an affiliate of the author and not
connected to Barron’s, has no position in
the securities mentioned here. In addition, the author publishes and sells 13D
research reports, whose buyers may
include representatives of participants in,
and targets of, shareholder activism.
Gardner Lewis Asset Management purchased an initial 4,033,143 shares at prices
Pat Byrnes for Barron’s
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Houston Wire & Cable (HWCC)
from $7.45 to $7.48 each from July 27 to
Sept. 14, commencing its ownership at
5.8% of the outstanding shares.
Its intention was to buy shares only
on behalf of clients that it advised—recognizing the July 27 announcement by
Mitel Networks (MITL) that it would
undertake a $530 million acquisition of
ShoreTel, tendering $7.50 for each outstanding share.
On Sept. 26, Gardner Lewis disclosed
that it had tendered its entire ShoreTel
stake to Mitel on Sept. 21 at the offering
price of $7.50 per share.
Fairholme Capital Management bought
1,553,100 shares for $18.30 to $19.33 each
from Aug. 8 to Sept. 12, thus increasing its
holdings to 27,002,485 shares (40.5%).
October 2, 2017
“We need to reduce our tea footprint.”
October 2, 2017
BARRON’S
M13
Research Reports
How Analysts Size Up Companies
Edited by Paul Farrell
These reports, excerpted and edited by Barron’s, were issued recently by investment and
research firms. The reports are a sampling of analysts’ thinking; they should not be considered
the views or recommendations of Barron’s. Many of the reports may be obtained through
Thomson Reuters at thomson.com/financial. Some of the reports’ issuers have provided,
or hope to provide, investment-banking or other services to the companies being analyzed.
VMware
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
• VMW-NYSE
Overweight • Price $107.83 on Sept. 26
by Morgan Stanley
After several of years of investment in
setting up and integrating businesses in
newer product categories—including NSX
(network virtualization and security),
Horizon/Airwatch (simulation and testing),
and vSAN (software-defined networks)—
VMware’s offerings have reached sufficient
scale to outweigh the drag from its maturing Compute business, leading to an acceleration of overall license revenue. The rate
of decline in the traditional Compute business should remain stable, given VMware’s
growth opportunities, especially in private
cloud and hybrid cloud architecture.
With management sharpening its focus
on cloud initiatives and the channel more
actively involved, in particular with its
NSX and vSAN businesses, VMware
should be able to drive greater leverage.
Our new $123 price target is based on 21
times our calendar-year 2018 estimated
earnings per share of $5.86, up from our
prior price target of $115, based on about
20 times prior calendar-year 2018 estimated EPS of $5.78.
Micron Technology
• MU-Nasdaq
Outperform • Price $36.82 on Sept. 27
by FBN Securities
We reiterate our Outperform rating on the
memory-chip and device maker’s shares
and raise our price target from $45 to $50.
In its sale of DRAM (dynamic random
access memory) chips and NAND (nonvolatile chips, which do not require power to
store data), Micron reported a strong fiscal
fourth quarter. Its revenue grew by 91%,
year over year, driven by better-thanexpected pricing, as both DRAM averageselling-price growth of 8%, quarter over
quarter (versus 2% consensus), and trade
(open market) NAND ASP growth of 5%
To be considered for this section, material
should be sent to Research@barrons.com.
Q/Q (versus 1% consensus) exceeded analyst estimates.
There were two concerns in the report:
Both DRAM and trade NAND saw overall
bit growth come in lower than expected,
and solid-state drive revenue decline by
12%, Q/Q (our estimate). However, Micron
is guiding for its trade NAND bit growth in
fiscal 2018 above the industry’s 50% Y/Y in
calendar 2018, helped by the transition to
64-layer 3-D NAND.
Micron’s solid-state-device, or SSD, storage revenue decline Q/Q was driven by a
flash component issue on select 3-D NAND
products, but this issue has been corrected
and Micron now expects SSD revenue to
grow steadily beginning in the first quarter.
Another possible concern is the large increase in capital expenditures guided by
the company, with fiscal-2018 capex at $7.5
billion, up 43% Y/Y from capex of $5.3 billion in fiscal 2017. However, even with this
large increase, we estimate fiscal-2018 free
cash flow at $6.2 billion, implying a very attractive yield of nearly 16%.
Cintas
• CTAS-Nasdaq
Overweight • Price $136.10 on Sept. 26
by Barclays
We thought that unchanged guidance from
the corporate uniform and safety services
provider should be considered as a positive,
but Cintas did us one better: It raised EPS
guidance by 13 cents to 15 cents as internal
momentum more than offset hurricane
headwinds. We continue to view Cintas as
our favorite idea in business services. While
it is clear that fiscal 2018 is a year of heavy
operational lifting, its results in the first
quarter reinforce our confidence in management’s ability to execute: seven straight
years of mid-single to high-single digit organic revenue growth, and 10%-plus EPS
growth. It has also has grown its top and
bottom lines in 46 of the past 48 years. We
take up our fiscal-year 2018/19 EPS by
about 2%, and further upward revisions
from here would not surprise us.
We raise our price target to $160, or 21.8
times fiscal-year 2021 estimated cash EPS
of $8.90 discounted to today; previously, our
$150 price target was based on 21.6 times
the prior 2021 estimate of $8.75.
Darden Restaurants
• DRI-NYSE
Outperform • Price $77.71 on Sept. 26
by Baird
With the stock down 16% over the past
three months (versus the Standard & Poor’s
500 index, up 3%) and with yesterday’s fiscal first-quarter 2018 report not changing
our fundamental outlook, we believe valuation metrics for Darden have become more
attractive. Current next-12-months enterprise value/Ebitda and price/earnings multiples are now 4% to 9% below one-year av-
erages, probably reflecting concerns about
the same-store sales outlook in a lackluster
casual-dining-industry backdrop. While we
acknowledge some risks, we also consider
Darden well positioned to continue producing above-average performance through its
ongoing focus on simplifying operations
(leading to better service/execution) and improving the value propositions of its brands
(using scale advantages to minimize price
increases and invest in quality upgrades).
We upgrade the shares to Outperform.
Our unchanged price target of $94 assumes a next-12-months’ EV/Ebitda of 10
times (near one-year mean). We think premium valuation metrics can be supported
by the ongoing strength in Darden’s relative top-line fundamentals.
INSIDER TRANSACTIONS: Recent Filings
Sales
Purchases
Insiders
Shares
$ Val
(000's)
Sysco CorpSYY
Facebook IncFB
Nvidia CorpNVDA
Myokardia IncMYOK
Cbs Corp DeCBS
2
3
2
1
1
854,114
264,202
180,250
601,400
328,000
45,662
45,354
33,590
25,860
19,246
100
88
77
76
68
Gap IncGPS
Hp IncHPQ
Ametek Inc NewAME
Stamps.Com IncSTMP
Alnylam Pharmaceuticals IncALNY
1
1
1
2
1
666,849
731,502
150,840
47,500
76,815
18,665
14,608
10,013
9,990
7,682
4,500
25,000
1,565
5,155
7,500
64
59
57
50
45
Eaton Vance CorpEV
Oracle CorpORCL
Installed Building Products IncIBP
Twitter IncTWTR
Selecta Biosciences IncSELB
5
3
2
2
2
148,115
127,026
97,952
334,385
242,822
7,144
6,114
5,877
5,668
4,774
1,903
1,000
10,000
5,500
685
39
39
30
27
25
Kla Tencor CorpKLAC
Nextera Energy IncNEE
Trade Desk IncTTD
Intuit IncINTU
Camping World Holdings IncCWH
7
1
1
1
2
51,455
30,485
70,000
28,048
105,750
4,704
4,468
4,262
4,100
4,098
Insiders
Shares
$ Val
(000's)
Apollo Endosurgery IncAPEN
RhRH
L Brands IncLB
First Internet BancorpINBK
Aquaventure HoldingsWAAS
2
1
1
2
1
352,000
13,959
20,000
7,100
14,018
1,371
1,000
740
213
201
Meta Financial Group IncCASH
Tiffany & CoTIF
Hennessy Advisors IncHNNA
Udr IncUDR
Pingtan Marine Enterprise LtdPME
1
1
1
1
1
1,393
1,000
5,000
2,000
20,000
Hopfed Bancorp IncHFBC
Chiasma IncCHMA
Hci Group IncHCI
Avadel Pharmaceuticals PlcAVDL
Kingsway Financial Services IncKFS
1
1
3
1
1
First Community Corp ScFCCO
Williams Partners LpWPZ
Xenon Pharmaceuticals IncXENE
General Finance CorpGFN
Stock Yards Bancorp IncSYBT
1
1
1
1
7
Company /Symbol
Company /Symbol
An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any trade to
the SEC within two business days. The tables highlight companies that filed with the SEC through last Wednesday. The tables do not include
pension-plan or employee stock-option activity, trades by beneficial owners of 10% or more, trades under $2 per share or trades under 100
shares. The "Purchases" column includes only open-market and private purchases; the "Sales" column includes only open-market and private sales,
and excludes trades preceded by option exercise in the 12 months prior to the reported event.
Source: Thomson Reuters
INSIDER TRANSACTIONS RATIO
70
60
Ratio = 21
Bearish
50
40
30
20
10
Bullish
O
N
D
J
F
M
A
M
J
J
A
S
0
Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish.
The total top 20 sales and buys are 281,880,052 and 4,367,949 respectively;
Source: Thomson Reuters
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
M14
BARRON’S
©2017 Dow Jones & Company. All Rights Reserved. 4100
October 2, 2017
Great advice for
a new generation
of investors
To learn more, visit
barronsnext.com
October 2, 2017
BARRON’S
M15
Market Watch
A Sampling of Advisory Opinion
Edited by Paul Farrell
“We think market participants vastly underappreciate, possibly at their own peril, how…significant
changes in the composition of the FOMC…could alter not only the committee’s collective view of
inflation, but also its approach to policy.”
S&P 2640
U.S. Investment Policy Committee Notes
by CFRA
cfraresearch.com
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Sept. 27: CFRA’s Investment Policy Com-
mittee voted to raise its 12-month price target for the Standard & Poor’s 500 to 2640,
implying a 5.7% price appreciation over the
Sept. 26 closing value. The committee expected 2.8% year-over-year growth in U.S.
real gross domestic product through thirdquarter 2018, combined with a modest anticipated increase in core inflation to 2.2%.
In addition, consensus estimates from S&P
Global point to a 12.6% Y/Y gain in operating earnings per share through third-quarter 2018, accompanied by revenue growth
of nearly 6%.
We also think the possibility of a tax cut
remains supportive of equity ownership,
along with the lack of attractive alternatives in this rate-tightening environment.
Challenges to economic growth and shareprice appreciation are well-known but not
new. As a result, we believe the risks are
largely reflected in current valuations and
underlying support.
—SAM STOVALL
Nondefense Durables Take Off
U.S. Economics
by Morgan Stanley Research
morganstanley.com
Sept. 27: Overall, durable-goods orders
rose 1.7% in August, boosted by a 4.9%
gain in transportation, largely the result of
a 44.8% surge in volatile aircraft orders.
With defense orders down 9.4%, that left
the key core gauge for equipment investment, nondefense capital goods ex aircraft
orders, up 0.9%—above both our forecast
(0.4%) and consensus expectations (0.3%).
Shipments of nondefense capital goods,
excluding aircraft, rose a better-thanexpected 0.7%, but this result was outweighed by an 11.5% plunge in nondefense
aircraft shipments. We now see thirdquarter real equipment investment up
—RICHARD F. MOODY, Regions Financial/Economic Preview
7.6% annualized and overall business investment up 2.1%, versus 9.2% and 2.8%
previously. On net, these results lower our
third-quarter GDP tracking estimate to
2.1% from 2.2%.
Equipment investment has been a
source of upside surprise in GDP this year,
reflecting the pickup in global trade highlighted by our global economics team, as
well as still-lofty levels in our capital-expenditure plans index. —MICHEL DILMANIAN
In Europe, Pent-Up Demand
For Residential Investment
AGMR Leading Indicators
by Applied Global Macro Research
appliedglobalmacroresearch.com
Sept. 27: The AGMR Domestic Demand
Leading Indicator has for some time signaled a slowdown in domestic private demand growth. This slowdown now seems
to be under way, as growth has slowed
gradually to 1.9%, Y/Y, in second-quarter
2017 from a peak in second-quarter 2016 of
2.9% Y/Y. The LI now suggests a slight
additional slowdown in domestic demand
growth, with a trough of about 1.6% Y/Y
by second-quarter 2018. This is still above
potential growth, and is consistent with
falling unemployment and an ongoing expansion. The signal suggests less of a
slowdown, compared with our last update,
mainly because of a significant pickup in
nominal labor-income growth. Compared
with this signal, risks are, at least in the
short term, tilted to the upside due to easing of fiscal policy, strong global manufacturing sentiment, and possibly more pentup demand than is embedded in the LI
estimate.
The LI continues to be very strong for
residential investment, whereas the signal is moderate for consumer spending
and business investment. This is due, in
part, to more pent-up demand for residential investment than for business investment and the highly negative sensitivity of consumer-spending growth to
past increases in inflation.
Total goods GDP growth and the manufacturing cycle can deviate significantly
from total domestic-demand growth on a
one-year horizon. Total goods GDP growth
has picked up from a 1% annual rate to a
3.5% AR from mid-2016 to mid-2017, but
most of this pickup comes from net exports and inventories, which are reflections of the global manufacturing cycle,
and not from final domestic-goods demand.
Domestic final goods GDP growth was
stronger in 2015 than it is now. Over the
coming year, we expect a slight slowdown
in hard-manufacturing production growth.
With the manufacturing PMI overshooting
other measures of manufacturing output
growth, the PMI should have more downside risks.
—NIELS-HENDRIK BJØRN
Changes in FOMC Policy?
Economic Preview
by Regions Financial
regions.com
Sept. 27: To us, the most notable element
of last week’s Federal Open Market Committee meeting was the confused certainty
that characterized the committee’s views
on inflation. In her postmeeting press
conference, Federal Reserve Chair Yellen
repeatedly noted that the recent behavior
of inflation is a mystery to the FOMC.
Yet, she also voiced confidence that inflation would, “over the medium term,” stabilize around the FOMC’s 2% target rate, a
view reinforced in the FOMC’s postmeeting
statement and economic projections.
While the path of the federal-funds rate
implied by the latest dot plot is consistent
with the belief that inflation will make its
way back to the 2% target, we think market participants vastly underappreciate,
possibly at their own peril, how what could
turn out to be significant changes in the
composition of the FOMC over coming
months could alter not only the committee’s collective view of inflation, but also
its approach to policy.
The latest dot plot won’t mean much if
a revamped FOMC doesn’t share the same
belief on inflation, or, for that matter, if the
group of coming appointees leans toward
rules-based, as opposed to discretionary,
monetary policy.
—RICHARD
F. MOODY
Summing Up September
Macro Strategy Chartbook
by BMO Wealth Management
wealth.bmoharris.com
Sept. 25: Major equity markets gained
ground in September, fueled by advancing
economic activity and a recovery from
August’s retreat. Equity risk-taking overcame two major hurricanes, pugnacious
provocations from North Korea, and a Fed
that’s poised to tighten. Trump’s legislative
chances improved in recent weeks as he
reached across the aisle to Democratic
leaders Senate Minority Leader Chuck
Schumer and House Minority Leader
Nancy Pelosi. The three have aligned their
sights on tax reform.
Economic activity expanded overseas
and treaded water here at home. European
sentiment indicators advanced, as well as a
key euro-area business barometer. Inflation
indicators picked up in the U.S., Europe,
Japan, and the United Kingdom. The Fed
announced its intention to reduce its portfolio reinvestment program—a first step toward quantitative tightening.
International equity markets offer the
best value with improving fundamentals.
Natural disasters and headline volatility
have prodded investors overseas. Year to
date, international developed and emerging
markets are outpacing U.S. counterparts.
Technical conditions remain positive,
both at home and abroad. The S&P 500
has traded consistently above its 200-day
moving average for the past 12 months.
The Fed’s latest announcement will be a
test for a market that has fed off centralbank liquidity.
—JACK A. ABLIN
To be considered for this section, material,
with the author’s name and address, should
be sent to MarketWatch@barrons.com.
M16
BARRON’S
October 2, 2017
New York Stock Exchange Composite List
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
A
19.98
39.31
25.83
45.12
14.75
40.72
13.01
84.51
74.40
19.70
7.49
11.39
35.65
7.70
45.95
5.55
43.03
10.87
4.95
18.44
71.06
67.70
48.22
54.80
90.95
17.35
36.70
138.70
18.24
29.80
267.08
22.31
13.29
86.42
40.70
177.83
25.38
26.30
6.70
40.34
7.88
13.10
6.06
51.27
6.30
36.25
164.52
191.98
66.45
56.08
51.50
111.88
43.39
152.26
25.98
107.75
9.00
101.43
57.95
137.48
47.95
50.99
46.87
451.99
123.89
11.21
180.87
667.19
24.00
86.89
256.80
79.61
266.25
19.81
26.15
43.69
40.25
95.25
24.32
12.72
24.07
5.99
30.10
20.26
37.12
9.06
26.46
10.60
66.50
48.11
14.61
4.40
4.42
12.05
4.96
26.00
3.17
35.10
6.02
3.44
13.53
52.15
44.80
22.37
37.38
55.06
8.81
26.70
112.31
5.99
21.40
153.28
15.16
9.52
39.66
21.97
82.21
18.32
18.40
4.89
13.70
5.70
4.00
3.80
37.83
3.02
16.04
104.59
130.48
42.92
35.05
41.01
87.78
27.97
129.00
18.26
58.30
5.95
65.29
37.00
76.32
20.00
34.41
36.98
369.33
101.51
7.75
86.01
510.52
13.15
61.47
184.50
56.48
197.69
9.85
20.40
34.88
27.03
66.55
16.68
7.63
14.61
AAC
AAR
ABB
ABMIndustries
ACCO Brands
AECOM
AES
Aflac
AGCO
AG Mortgage
AHBeloA
AK Steel
AMC Ent
AMECFosterWheel
AMN Healthcare
ARCDocumentSolns
AT&T
A10Networks
AUOptronics
AVX
AXIS Capital
AZZ
Aaron's
AbbottLabs
AbbVie
Abercrombie&Fitch
AcadiaRealty
Accenture
AcornIntl
Actuant
AcuityBrands
Acushnet
Adecoagro
Adient
AdtalemGlbEduc
AdvanceAuto
AdvDisposalSvcs
AdvDrainageSys
AdvSemiEngg
AdvanSix
AdvantageOil
AegeanMarine
Aegon
AerCap
AerohiveNtwks
AerojetRocket
Aetna
AffiliatedMgrs
AgilentTechs
AgnicoEagle
AgreeRealty
Agrium
AirLease
AirProducts
Aircastle
AlamoGroup
AlamosGold
AlaskaAir
AlbanyIntl
Albemarle
Alcoa
Alere
Alexander&Baldwin
Alexanders
AlexandriaRealEst
AlgonquinPwr
Alibaba
Alleghany
AlleghenyTechs
Allegion
Allergan
Allete
AllianceData
AllianceOne
AllianceBernstein
AlliantEnergy
AllisonTransm
Allstate
AllyFinancial
AlonUSAPartners
Alteryx
AAC
AIR
ABB
ABM
ACCO
ACM
AES
AFL
AGCO
MITT
AHC
AKS
AMC
AMFW
AMN
ARC
T
ATEN
AUO
AVX
AXS
AZZ
AAN
ABT
ABBV
ANF
AKR
ACN
ATV
ATU
AYI
GOLF
AGRO
ADNT
ATGE
AAP
ADSW
WMS
ASX
ASIX
AAV
ANW
AEG
AER
HIVE
AJRD
AET
AMG
A
AEM
ADC
AGU
AL
APD
AYR
ALG
AGI
ALK
AIN
ALB
AA
ALR
ALEX
ALX
ARE
AQN
BABA
Y
ATI
ALLE
AGN
ALE
ADS
AOI
AB
LNT
ALSN
ALL
ALLY
ALDW
AYX
...
.8
3.1
1.6
...
...
4.4
2.1
.8
9.9
7.0
...
5.4
2.7
...
...
5.0
...
4.6
2.4
2.7
1.4
.3
2.0
2.9
5.5
3.6
2.0
...
.2
.3
2.7
...
1.3
...
.2
...
1.4
3.7
...
...
1.6
5.3
...
...
...
1.3
.4
.8
.9
4.1
3.3
.7
2.5
4.7
.4
.3
1.6
1.2
.9
...
...
.6
4.0
2.9
4.4
...
...
...
.7
1.4
2.8
.9
...
8.1
3.0
1.6
1.6
2.0
12.1
...
dd
23
23
cc
23
22
dd
12
32
6
dd
15
dd
dd
19
17
18
dd
5
24
13
24
22
74
22
dd
44
25
dd
dd
24
34
49
dd
19
20
dd
44
14
28
27
7
16
9
dd
72
35
21
33
41
22
26
12
29
13
28
dd
12
45
32
dd
dd
cc
26
cc
35
60
18
dd
33
7
23
25
dd
11
24
21
14
12
16
...
9.93
37.78
24.75
41.71
11.90
36.81
11.02
81.39
73.77
19.24
4.60
5.59
14.70
6.76
45.70
4.09
39.17
7.56
4.04
18.23
57.31
48.70
43.63
53.36
88.86
14.44
28.62
135.07
14.67
25.60
171.28
17.76
10.80
83.99
35.85
99.20
25.19
20.25
6.18
39.75
6.30
4.95
5.79
51.11
4.09
35.01
159.01
189.83
64.20
45.21
49.08
107.21
42.62
151.22
22.29
107.37
6.76
76.27
57.40
136.31
46.62
50.99
46.33
424.09
118.97
10.57
172.71
554.01
23.90
86.47
204.95
77.29
221.55
10.90
24.30
41.57
37.53
91.91
24.26
11.53
20.37
+0.16
+0.84
+0.02
+2.40
+0.30
+1.27
–0.09
–2.55
+1.15
–0.33
+0.15
+0.37
–1.20
+0.07
+4.55
+0.15
+0.58
+0.85
–0.12
+0.62
+0.39
–2.25
+4.60
+0.85
+1.38
+0.18
–0.14
–2.83
–1.50
–1.25
+7.29
+0.67
+0.63
+1.04
+2.80
+3.61
+0.75
+0.15
...
+0.83
–0.30
+0.30
–0.15
+1.21
+0.20
+1.12
+5.44
+4.86
–1.58
–1.53
–0.64
–0.72
+1.52
+0.96
+0.26
+5.80
–0.20
+1.52
+1.15
+2.02
+1.24
+0.64
+1.36
+3.02
+0.91
+0.01
–5.43
–10.47
+1.00
+1.92
+0.30
+0.38
+4.79
+0.35
–0.20
–0.16
+1.86
+1.38
+0.94
+0.30
+1.14
–.03
1.64
.88
1.01
.87
.62
–1.71
6.42
1.96
1.80
–.90
–.03
1.13
–1.82
2.15
–1.04
2.10
–.32
.25
.75
5.13
2.33
1.91
.94
3.63
.06
.94
5.44
1.00
–1.11
6.63
.62
.02
–16.36
1.91
6.20
–.44
.50
.44
1.12
–.07
1.11
.24
5.10
–.73
.27
6.41
8.57
1.40
.71
1.97
4.29
3.44
2.89
1.92
3.46
–.07
6.54
1.64
5.68
–2.19
–1.83
–.18
16.91
–1.99
.33
2.60
29.59
–5.97
2.39
38.18
3.14
7.34
–7.05
2.23
1.64
1.27
4.67
2.15
–.07
–.47
.50
1.77
1.22
1.88
1.10
2.93
1.05
6.69
3.06
1.82
...
.50
–1.02
.60
2.55
.22
2.94
–.08
1.03
.76
4.02
2.20
2.57
2.49
5.52
–.04
.29
6.51
...
1.09
8.27
1.19
.86
9.36
2.88
5.21
.54
.79
.46
2.83
.38
.32
.78
...
–.14
.92
9.54
14.53
2.31
.81
1.86
4.89
3.45
6.22
1.95
4.21
.10
7.52
1.90
4.36
2.98
1.45
.51
...
1.47
...
4.93
.02
.53
3.78
16.22
3.38
18.12
...
2.06
2.01
2.12
5.62
2.25
1.31
–.33
.55
2.31
1.40
2.06
1.18
2.88
1.22
6.83
3.78
1.85
...
.81
.46
.61
2.76
.26
3.01
.02
.35
.85
4.75
2.79
2.98
2.79
6.53
.02
.21
7.07
...
1.32
9.31
1.22
.89
10.18
3.19
6.22
.63
.99
.48
2.97
.29
.75
.76
...
–.02
1.08
10.16
16.31
2.57
.86
1.63
6.00
4.05
6.94
2.35
4.54
.19
7.84
2.36
5.01
3.05
1.50
1.00
...
2.01
...
6.53
28.43
1.16
4.19
17.63
3.69
21.42
...
2.23
2.13
2.27
7.10
2.64
1.30
–.33
...
.075
.7626
.17
...
...
.12
.43
.14
.10
.08
...
.20
.0909
...
...
.49
...
.1846
.11
.38
.17
.0275
.265
.64
.20
.26
1.33
...
.04
.13
.12
...
.275
...
.06
...
.07
.2282
...
...
.02
.1527
...
...
...
.50
.20
.132
.10
.505
.875
.075
.95
.26
.10
.01
.30
.17
.32
...
...
.07
4.25
.86
.1165
...
...
...
.16
.70
.535
.52
...
.49
.315
.15
.37
.12
.35
...
52-Week
High Low Name
35.29
15.66
77.79
23.46
12.30
6.86
60.91
8.00
19.05
18.89
44.83
21.25
52.53
19.00
74.59
29.43
90.77
105.58
23.98
67.47
25.26
18.45
9.99
25.42
51.78
148.71
23.35
83.14
50.00
149.99
97.85
66.70
8.60
18.25
84.87
16.41
8.01
73.33
48.28
105.63
60.14
16.37
131.91
88.00
12.73
22.87
35.74
28.30
198.98
54.24
6.35
147.66
69.00
46.96
19.92
31.69
20.68
69.00
90.79
34.66
26.33
41.72
8.99
17.40
28.11
86.47
47.88
16.40
30.69
10.35
24.54
8.75
14.39
23.25
76.70
193.24
17.13
14.98
27.60
22.96
51.98
84.53
33.85
71.00
26.11
9.86
60.01
9.14
6.71
4.70
46.84
4.60
11.02
10.83
37.54
12.61
43.98
10.23
57.89
15.39
59.50
73.38
19.63
57.35
16.33
11.10
4.92
13.48
37.47
99.72
14.20
69.41
42.00
86.25
68.38
43.98
4.50
10.22
62.64
6.09
5.17
39.96
36.02
75.11
43.00
8.89
98.28
58.99
9.83
17.66
25.86
18.23
114.85
41.00
4.69
107.19
38.14
39.66
15.54
17.38
17.32
43.50
70.32
28.03
13.45
32.73
6.92
12.86
17.85
59.05
40.22
8.30
16.75
5.15
19.88
5.00
12.24
14.75
54.00
78.82
12.43
12.52
20.29
13.55
36.38
58.52
24.48
47.50
AlticeUSA
AltisourceResid
Altria
AlumofChina
AmberRoad
Ambev
Ameren
Ameresco
AmericaMovil
AmericaMovil A
AmericanAssets
AmericanAxle
AmCampus
AmerEagle
AEP
AmEqtyLf
AmericanExpress
AmericanFin
AmerHomes4Rent
AIG
AIG Wt
AmerMidstreamPtrs
AmRltyInv
AmericanRenal
AmerStWater
AmerTowerREIT
AmerVanguard
AmerWaterWorks
Amerigas
Ameriprise
AmerisourceBrgn
Ametek
AmiraNatureFoods
Ampco-Pitt
Amphenol
AmplifySnack
Amrep
AnadarkoPetrol
AnadarkoPeteUn
Andeavor
AndeavorLog
AngloGoldAsh
AB InBev
AnixterIntl
AnnalyCap
AnteroMidstream
AnteroMidstream
AnteroResources
Anthem
AnthemUn
AnworthMtg
Aon
Apache
ApartmtInv
ApolloComRlEst
ApolloGlobalMgmt
AppleHospREIT
AppliedIndlTechs
Aptargroup
AquaAmerica
AquaVenture
Aramark
ArborRealty
ArcLogisticsPtrs
ArcelorMittal
ArchCoal
ArcherDaniels
Archrock
Arconic
ArcosDorados
Ardagh
ArdmoreShipping
AresCommRealEst
AresManagement
Argan
AristaNetworks
ArlingtonAsset
ArmadaHoffler
ArmourRes
ArmstrongFlooring
ArmstrongWorld
ArrowElec
ArtisanPtrsAsset
AsburyAutomotive
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
ATUS
RESI
MO
ACH
AMBR
ABEV
AEE
AMRC
AMX
AMOV
AAT
AXL
ACC
AEO
AEP
AEL
AXP
AFG
AMH
AIG
AIG/WS
AMID
ARL
ARA
AWR
AMT
AVD
AWK
APU
AMP
ABC
AME
ANFI
AP
APH
BETR
AXR
APC
AEUA
ANDV
ANDX
AU
BUD
AXE
NLY
AMGP
AM
AR
ANTM
ANTX
ANH
AON
APA
AIV
ARI
APO
APLE
AIT
ATR
WTR
WAAS
ARMK
ABR
ARCX
MT
ARCH
ADM
AROC
ARNC
ARCO
ARD
ASC
ACRE
ARES
AGX
ANET
AI
AHH
ARR
AFI
AWI
ARW
APAM
ABG
...
5.4
4.2
...
...
...
3.0
...
1.9
1.9
2.6
...
4.0
3.5
3.4
.8
1.5
1.2
.9
2.1
...
12.1
...
...
2.1
1.9
.3
2.1
8.5
2.2
1.8
.5
...
2.1
.9
...
...
.4
9.4
2.3
...
4.1
3.7
...
9.8
.5
4.1
...
1.5
5.0
10.0
1.0
2.2
3.3
10.2
6.9
6.3
1.8
1.5
2.5
...
1.0
8.8
10.5
...
2.0
3.0
3.8
1.0
...
2.6
...
8.1
6.6
1.5
...
17.3
5.5
8.5
...
...
...
7.4
...
...
dd
8
87
dd
28
20
25
24
24
60
6
90
15
60
13
18
12
dd
dd
...
dd
dd
dd
27
66
46
31
cc
17
22
29
8
dd
28
44
74
dd
...
37
26
62
60
19
4
...
21
cc
18
...
10
37
dd
cc
9
12
24
19
25
25
dd
30
8
27
4
30
18
dd
dd
39
...
dd
13
26
12
49
dd
29
4
dd
18
15
20
8
27.31
11.11
63.42
22.17
7.68
6.59
57.84
7.80
17.75
17.75
39.77
17.58
44.15
14.30
70.24
29.08
90.46
103.45
21.71
61.39
20.00
13.65
8.65
14.97
49.25
136.68
22.90
80.91
44.94
148.51
82.75
66.04
6.02
17.40
84.64
7.09
7.00
48.85
39.75
103.15
50.06
9.29
119.30
85.00
12.19
20.47
31.53
19.90
189.88
52.29
6.01
146.10
45.80
43.86
18.11
30.10
18.91
65.80
86.31
33.19
13.50
40.61
8.20
16.70
25.76
71.74
42.51
12.55
24.88
10.05
21.41
8.25
13.31
18.65
67.25
189.61
12.73
13.81
26.90
15.75
51.25
80.41
32.60
61.10
+0.01
+0.18
+0.93
–0.35
+0.18
–0.26
–0.67
+0.05
–0.70
–0.47
–0.04
+1.06
–3.17
+0.45
–0.33
+0.70
+2.06
+0.92
+0.05
+0.68
+0.90
+0.35
–0.05
+0.72
–2.04
–1.10
+1.15
–1.12
+2.01
+5.59
+1.70
+0.45
–0.05
+0.15
+1.70
+0.35
+0.14
+0.02
+3.39
–0.85
+2.42
–0.18
+2.91
+3.75
–0.25
+0.88
+0.17
+0.05
+7.02
+0.92
–0.13
+0.08
+2.23
–0.89
–0.24
–0.95
+0.26
+3.95
+0.59
–0.56
–0.94
–0.33
+0.20
+0.13
+0.17
+0.59
–0.87
+0.65
–1.33
+0.20
+0.70
+0.25
+0.12
+0.05
+2.60
–1.44
–0.65
+0.20
+0.54
+1.13
+1.40
+0.17
+0.95
+1.50
–1.13
–4.18
7.28
...
–.70
.23
2.68
.26
.14
.14
.72
3.06
.75
1.16
1.24
.97
5.65
7.33
–.14
–.78
...
–1.11
–.25
–.28
1.62
1.98
.44
2.62
1.77
7.81
6.32
2.19
.84
–6.68
2.61
.36
...
–5.90
...
6.12
1.87
.15
.72
3.59
1.39
1.18
1.24
–2.88
9.21
...
.17
5.16
–3.71
2.67
1.74
2.11
.76
3.40
3.17
1.32
–.78
1.16
.83
.83
5.56
51.02
2.16
–.80
–2.31
.37
–5.91
.12
1.41
1.20
4.50
2.50
–1.79
.85
–1.67
.33
1.87
5.68
1.57
7.40
–.30
–2.84
3.26
.65
–.37
.23
2.80
.42
1.15
1.14
.62
3.29
.74
1.13
3.66
2.64
5.74
6.64
.05
5.35
...
–1.28
...
.54
1.73
3.01
.65
3.00
1.11
11.28
5.88
2.52
...
–.48
3.09
.35
...
–2.04
...
6.07
2.55
.19
4.27
5.34
1.20
.19
1.62
.29
11.83
...
.53
6.50
.03
.34
1.82
2.45
1.03
3.10
3.34
1.36
–.88
1.96
.90
.58
3.21
8.90
2.59
–.20
1.17
.40
1.67
–.17
1.05
1.83
4.67
4.70
2.31
.41
2.67
.24
2.73
7.27
2.34
6.33
.56
–.95
3.56
1.24
–.22
.27
3.02
.51
1.00
.98
.75
3.10
.99
1.15
3.88
2.68
6.39
6.82
.18
5.33
...
.15
...
.71
1.78
3.71
.84
3.27
2.74
12.51
6.05
2.80
...
1.10
3.27
.47
...
–.63
...
7.50
3.13
.81
5.10
5.94
1.18
.45
2.09
.95
12.93
...
.50
8.04
.42
.48
2.04
2.90
1.01
3.45
3.65
1.44
–.61
2.21
.84
.70
2.91
6.85
2.89
.12
1.55
.42
1.90
.56
1.22
1.86
3.71
5.58
2.25
.42
2.40
.50
3.03
8.03
2.49
6.50
...
.15
.66
...
...
.0498
.44
...
.1703
.1703
.26
...
.44
.125
.59
.24
.35
.3125
.05
.32
...
.4125
...
...
.255
.66
.015
.415
.95
.83
.365
.09
...
.09
.19
...
...
.05
.9375
.59
...
.0944
2.1928
...
.30
.027
.32
...
.70
.6563
.15
.36
.25
.36
.46
.52
.10
.29
.32
.2047
...
.103
.18
.44
...
.35
.32
.12
.06
...
.14
...
.27
.31
1.00
...
.55
.19
.19
...
...
...
.60
...
TO OUR READERS:Full NYSE, NYSE MKT and Nasdaq Major Market listings appear free online
at www.barrons.com/listings. These composite stock quotations include trades on the Chicago, Pacific, Philadelphia, Boston and National stock exchanges, as reported by the National
Association of Securities Dealers.
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
52-Week
High Low Name
14.87
8.23
67.90
6.71
57.80
26.70
39.35
106.99
45.73
21.90
35.60
26.40
12.10
55.10
27.30
2.75
89.00
15.37
67.69
127.72
53.74
813.70
199.52
49.04
100.10
10.91
52.83
51.50
6.96
34.10
29.43
22.00
9.02
5.35
51.62
3.61
35.05
18.85
32.20
78.50
27.30
14.11
25.55
10.19
6.85
43.25
15.05
2.13
68.51
5.91
22.07
93.31
38.20
491.13
158.32
35.42
68.55
6.13
37.78
35.67
2.29
24.27
19.43
12.73
AshfordHospPrime
AshfordHosp
AshlandGlobal
AspenAerogels
AspenIns
AssociatedBanc
AssocCapital
Assurant
AssuredGuaranty
AstoriaFnl
AstraZeneca
AtHomeGroup
Atento
Athene
AtkoreIntl
AtlanticPower g
AtmosEnergy
AtwoodOceanics
Autohome
Autoliv
AutoNation
AutoZone
Avalonbay
Avangrid
AveryDennison
Avianca
Avista
Avnet
AvonProducts
AxaltaCoating
Azul
AzurePowerGlbl
AHP
AHT
ASH
ASPN
AHL
ASB
AC
AIZ
AGO
AF
AZN
HOME
ATTO
ATH
ATKR
AT
ATO
ATW
ATHM
ALV
AN
AZO
AVB
AGR
AVY
AVH
AVA
AVT
AVP
AXTA
AZUL
AZRE
6.7
7.2
1.4
...
2.4
2.0
.6
2.2
1.5
.7
2.7
...
...
...
...
...
2.1
...
...
1.9
...
...
3.2
3.6
1.8
1.4
2.8
1.8
...
...
...
...
49.49
49.88
21.90
7.77
48.27
13.25
44.62
39.12
38.68
32.95
18.12
11.01
25.58
57.45
17.72
49.45
40.82
43.06
23.25
9.35
11.79
93.66
30.51
117.71
11.75
30.63
6.99
48.74
32.70
25.80
13.64
1.55
36.70
90.80
78.00
54.59
64.93
14.25
41.00
12.05
324.58
13.15
13.20
70.84
26.69
20.78
44.81
64.75
5.61
18.75
206.63
81.35
5.35
14.45
51.98
35.25
29.50
37.34
14.55
3.65
41.83
10.31
33.31
28.73
32.53
15.00
10.60
7.36
18.06
36.16
1.61
29.30
32.43
35.65
10.93
5.79
6.91
64.05
25.17
61.12
6.66
20.22
4.23
31.98
22.23
15.17
4.35
0.09
24.28
71.49
62.32
38.68
51.21
7.10
28.13
8.02
203.63
5.03
6.25
37.88
19.06
13.81
14.03
43.13
2.13
9.67
161.29
60.06
2.23
11.00
40.60
24.25
B&G Foods
BB&T
BBVABancoFr
BBX CapitalA
BCE g
BEST
BHPBilliton
BHPBilliton
BP
BP Prudhoe
BRF
BRT Apartments
BT Group
BWX Tech
Babcock&Wilcox
BadgerMeter
BakerHughes
Ball
BancCalifornia
BancoBilbaoViz
BancoBradesco
BancodeChile
Bladex
BancoMacro
BancSanBrasil
BcoSantChile
BancoSantander
BanColombia
BancorpSouth
BankofAmerica
BankofAmWtA
BankofAmWtB
BankofButterfield
BankofHawaii
BankofMontreal g
BankNY Mellon
BkNovaScotia g
Bankrate
BankUnited
Barclays
Bard CR
Barnes&NobleEduc
Barnes&Noble
BarnesGroup
BarracudaNtwks
BarrickGold
BasicEnergySvcs
BaxterIntl
BaytexEnergy g
BeazerHomes
BectonDickinson
Belden
BellatrixExplor
Belmond
Bemis
BenchmarkElec
BGS
BBT
BFR
BBX
BCE
BSTI
BHP
BBL
BP
BPT
BRFS
BRT
BT
BWXT
BW
BMI
BHGE
BLL
BANC
BBVA
BBDO
BCH
BLX
BMA
BSBR
BSAC
SAN
CIB
BXS
BAC
BAC/WS/A
BAC/WS/B
NTB
BOH
BMO
BK
BNS
RATE
BKU
BCS
BCR
BNED
BKS
B
CUDA
ABX
BAS
BAX
BTE
BZH
BDX
BDC
BXE
BEL
BMS
BHE
5.8
2.8
1.2
.4
4.9
...
4.2
4.9
6.2
14.8
...
6.7
7.1
.8
...
1.1
1.9
1.0
2.5
4.8
...
2.8
5.2
.6
...
3.5
4.1
2.9
1.7
1.9
...
...
...
2.5
3.8
1.8
3.9
...
2.4
2.1
.3
...
7.9
.8
...
.7
...
1.0
...
...
1.5
.2
...
...
2.6
...
26
dd
dd
dd
17
17
dd
13
4
37
24
43
41
9
16
dd
23
dd
39
20
12
13
25
22
23
16
25
17
dd
dd
cc
dd
9.50
6.67
65.39
4.35
40.40
24.25
35.70
95.52
37.75
21.50
33.88
22.84
11.60
53.84
19.51
2.45
83.84
9.39
60.08
123.60
47.46
595.11
178.42
47.42
98.34
7.76
51.77
39.30
2.33
28.92
27.45
15.90
–0.16
+0.20
+1.22
+0.29
–0.55
+0.75
+0.85
+1.07
–3.80
+0.71
–0.07
+0.35
–0.20
–0.16
+0.95
–0.05
–0.05
+1.28
–4.09
–1.61
+0.10
+21.08
–0.10
+0.92
–0.42
–0.12
+0.37
+0.43
–0.12
–0.11
–0.81
–0.10
.55
–.95
–.46
–.52
2.67
1.26
.41
9.13
6.61
.62
1.38
.48
.01
4.21
.94
–1.02
3.38
4.09
1.61
6.42
4.15
44.07
7.52
2.04
3.54
.32
2.15
4.08
–.29
.17
–.32
–1.66
–.17
–1.10
4.39
–.86
.78
1.43
...
6.71
4.88
.56
1.88
.75
.74
5.11
1.42
.17
3.62
–.45
2.28
6.21
3.56
46.86
4.84
2.23
4.83
1.06
1.95
3.29
.10
1.30
.29
–.16
.33
–.99
3.28
–.40
3.91
1.53
...
7.18
3.12
.53
1.89
.94
.89
5.19
1.52
–.21
3.83
–2.72
2.77
7.12
3.87
51.25
4.71
2.39
5.37
1.31
2.05
3.75
.29
1.57
.67
.73
.16
.12
.225
...
.24
.12
.10
.53
.1425
.04
.45
...
...
...
...
...
.45
...
...
.60
...
...
1.42
.432
.45
.1049
.3575
.18
...
...
...
...
21
18
14
14
19
...
18
16
35
6
dd
13
19
30
dd
42
dd
81
19
14
...
18
14
16
...
18
14
11
20
15
...
...
24
19
13
16
13
dd
16
dd
42
dd
23
25
cc
8
dd
38
dd
dd
56
35
dd
cc
21
25
31.85
46.94
20.39
7.37
46.83
11.97
40.53
35.45
38.43
22.45
14.41
10.72
19.24
56.02
3.33
49.00
36.62
41.30
20.75
8.92
10.52
91.17
29.44
117.35
8.74
29.71
6.94
45.79
32.05
25.34
13.24
.78
36.64
83.36
75.71
53.02
64.25
13.95
35.57
10.35
320.50
6.51
7.60
70.44
24.23
16.09
19.30
62.75
3.01
18.74
195.95
80.53
2.84
13.65
45.57
34.15
+1.80
+1.72
+0.44
–0.04
–0.70
–0.08
–1.15
–0.91
+0.61
+1.35
–0.55
+0.50
–0.10
–0.22
–0.17
+0.65
–0.05
+0.30
+1.00
–0.07
–0.63
–1.82
+0.91
+3.39
–0.40
–0.78
+0.11
–1.63
+1.35
+0.32
+0.43
+0.09
+0.07
+1.87
+0.47
+0.65
–0.38
...
+1.26
–0.01
+1.87
+0.23
+0.35
+1.92
+0.14
–0.27
+2.06
–0.76
+0.10
+1.19
+2.89
+0.87
–0.11
+0.55
–1.78
+0.55
1.73
2.77
...
.32
2.51
...
2.21
2.21
.04
2.04
–.13
2.23
1.25
1.76
–2.31
1.11
–6.31
.82
1.94
.55
...
4.93
2.23
...
...
1.49
.45
4.01
1.41
1.50
...
...
1.20
4.23
5.23
3.15
4.37
–.38
2.09
.56
7.03
.11
.30
2.48
.19
.56
–2.94
9.01
–1.73
.15
4.49
2.65
–.45
.35
2.48
1.29
2.08
2.82
1.33
...
2.68
...
2.41
2.59
1.66
...
.03
...
1.80
2.02
–2.56
1.28
.51
2.02
.78
.75
...
5.38
2.20
8.36
.77
1.85
.55
3.69
1.65
1.81
...
...
2.76
4.34
6.51
3.53
5.25
.71
2.37
.95
11.90
.44
.49
2.88
.76
.75
–2.23
2.39
–.19
.73
9.46
5.45
...
.18
2.37
1.49
2.22
3.45
1.65
...
2.82
...
2.24
2.29
2.21
...
.65
...
1.85
2.21
.38
1.44
1.33
2.39
1.22
.81
...
5.67
2.56
9.51
.79
2.00
.61
4.20
1.93
2.16
...
...
3.35
4.78
6.67
3.95
5.58
.83
2.66
1.15
13.00
.49
.56
3.07
.87
.80
–.25
2.67
–.29
1.18
10.44
6.05
...
.30
2.67
1.73
.465
.33
.2508
.0075
.5749
...
.86
.86
.60
.8329
...
.18
.6858
.11
...
.13
.17
.10
.13
.1061
.0055
2.5706
.385
.7532
.0423
1.0444
.0712
.3278
.14
.12
...
...
.32
.52
.717
.24
.6294
...
.21
.053
.26
...
.15
.14
...
.03
...
.16
...
...
.73
.05
...
...
.30
...
B
52-Week
High Low Name
73.17
275945
184.00
39.00
58.95
63.32
56.54
491.74
8.24
6.50
39.51
242.79
47.82
72.02
78.74
45.25
19.86
448.53
35.09
32.47
31.80
11.00
20.83
11.78
18.95
259.30
35.80
377.17
17.26
39.67
51.55
180.45
140.13
29.40
20.91
27.00
40.50
17.83
4.30
28.78
15.85
25.92
86.30
26.15
55.84
84.40
63.75
21.88
73.41
28.45
82.02
17.70
41.57
31.78
44.91
24.21
36.00
48.97
60.28
59.71
63.82
73.01
27.10
14.59
15.85
83.75
104.07
21.82
55.55
213030
141.92
27.18
42.46
37.10
42.40
290.05
2.66
0.32
17.00
154.89
16.56
54.76
61.75
34.00
15.12
336.84
23.33
27.89
19.85
5.00
13.75
6.36
14.40
130.74
17.80
23.33
5.90
29.55
33.09
128.70
113.69
19.67
13.56
16.77
31.70
14.04
2.72
14.88
6.34
17.90
59.00
10.55
29.50
36.24
46.01
6.21
52.71
17.35
59.86
10.57
32.04
21.72
30.76
20.31
26.61
36.05
45.17
43.72
42.02
54.33
13.50
9.87
8.05
58.19
68.94
19.29
Berkley
BerkHathwy A
BerkHathwy B
BerkshireHills
BerryGlobal
BestBuy
BigLots
Biglari
BillBarrett
BioAmber
BiohavenPharm
Bio-RadLab A
Bitauto
BlackHills
BlackHillsUn
BlackKnightFin
BlackStoneMin
BlackRock
BlackstoneGroup
BlackstoneMtg
BlockHR
BlueApron
BlueCapReins
BlueLinx
BoardwalkPipe
Boeing
BoiseCascade
BonanzaCreekEner
BootBarn
BoozAllen
BorgWarner
BostonBeer
BostonProperties
BostonScientific
Box
BoydGaming
Brady
BrandywineRealty
BrasilAgro
Braskem
BridgepointEduc
Briggs&Stratton
BrightHorizons
BrightScholarEduc
BrinkerIntl
Brink's
Bristol-Myers
Bristow
BritishAmTob
BrixmorProp
BroadridgeFinl
BrookdaleSrLiving
BrookfieldMgt
BrookfieldBusPtr
BrookfieldInfr
BrookfieldPropPtr
BrookfieldRenew
Brown&Brown
Brown-Forman A
Brown-Forman B
Brunswick
BuckeyePtrs
Buckle
Buenaventura
Build-A-Bear
Bunge
BurlingtonStores
BylineBancorp
WRB
BRK/A
BRK/B
BHLB
BERY
BBY
BIG
BH
BBG
BIOA
BHVN
BIO
BITA
BKH
BKHU
BKFS
BSM
BLK
BX
BXMT
HRB
APRN
BCRH
BXC
BWP
BA
BCC
BCEI
BOOT
BAH
BWA
SAM
BXP
BSX
BOX
BYD
BRC
BDN
LND
BAK
BPI
BGG
BFAM
BEDU
EAT
BCO
BMY
BRS
BTI
BRX
BR
BKD
BAM
BBU
BIP
BPY
BEP
BRO
BF/A
BF/B
BC
BPL
BKE
BVN
BBW
BG
BURL
BY
142.85
31.61
16.70
46.30
25.72
16.50
12.35
38.99
71.07
70.10
37.17
29.70
53.65
50.40
49.11
53.67
12.13
23.95
138.36
22.30
96.05
6.75
5.66
0.17
14.08
10.73
7.15
25.40
54.85
54.11
22.00
3.26
45.73
35.14
38.78
33.97
7.03
14.30
108.05
14.50
CACI Intl
CAI Intl
CARBOCeramics
C&J Energy
CBD Pao
CBIZ
CBL Assoc
CBRE Group
CBS A
CBS B
CF Industries
CGG
CGI Group
CIT Group
CMS Energy
CNA Fin
CNH Indl
CNO Financial
CNOOC
CNX Coal
CACI
CAI
CRR
CJ
CBD
CBZ
CBL
CBG
CBS/A
CBS
CF
CGG
GIB
CIT
CMS
CNA
CNHI
CNO
CEO
CNXC
39
29
31
2
36
40
41
40
34
39
39
43
Dividend Ex-Payment Dates ...........
DJ Averages ...................................
DJ U.S. Total Market Industry Groups
Dow Jones Averages ......................
Dow Jones Per Share Values ...........
Earnings Scoreboard .....................
Exchange Traded Portfolios ...........
Federal Reserve Data Bank .............
Foreign Exchange ..........................
Global Stock Markets.....................
Gold & Silver Prices.........................
Gold Mining Index .........................
.8
...
...
2.2
...
2.4
1.9
...
...
...
...
...
...
2.6
5.1
...
7.2
2.2
6.5
8.0
3.6
...
7.3
...
2.7
2.2
...
...
...
1.8
1.1
...
2.4
...
...
.8
2.2
3.7
...
2.9
...
2.4
...
...
4.8
.7
2.4
3.0
2.4
5.5
1.8
...
1.4
.8
4.0
5.1
5.6
1.1
1.3
1.3
1.2
8.9
5.9
.9
...
2.6
...
...
14
21
21
21
24
15
14
dd
dd
dd
...
cc
dd
29
...
69
24
21
15
13
14
dd
...
3
13
22
29
dd
16
21
58
22
42
50
dd
12
21
cc
28
56
dd
18
46
cc
11
50
23
dd
11
19
30
dd
32
cc
92
15
dd
26
31
30
18
16
9
dd
46
21
26
...
66.74
274740
183.32
38.75
56.65
56.96
53.57
333.29
4.29
.49
37.38
222.22
44.68
68.87
75.25
43.05
17.34
447.09
33.37
31.02
26.48
5.45
16.45
10.33
14.70
254.21
34.90
32.99
8.90
37.39
51.23
156.20
122.88
29.17
19.32
26.05
37.95
17.49
4.16
26.74
9.60
23.50
86.21
23.23
31.86
84.25
63.74
9.35
62.45
18.80
80.82
10.60
41.30
29.65
43.14
23.35
33.52
48.19
55.69
54.30
55.97
57.00
16.85
12.79
9.15
69.46
95.46
21.26
+1.41
+1601.00
+1.46
+2.60
+0.76
+3.06
+4.06
+25.24
+0.25
–0.03
+0.50
–6.46
–0.48
+0.27
+0.35
–0.65
+0.13
+11.60
+0.20
–0.38
–0.27
+0.26
+0.15
+0.03
+0.05
–2.24
+1.45
+1.83
+0.22
+0.53
+1.27
+1.95
+1.20
+0.32
+1.15
+1.01
+1.15
+0.21
–0.11
–1.14
+0.63
+0.81
+4.22
–2.53
–0.32
+2.80
+0.38
+0.01
+0.22
+0.13
–0.11
–0.30
+0.66
–0.32
+0.54
+0.08
+0.23
+0.77
–0.14
+0.07
+0.91
+1.20
+0.90
–0.05
+0.10
–1.82
+5.68
+0.35
4.68
9.76
9.76
1.88
1.89
3.81
3.32
81.28
–3.08
–.78
–4.48
.95
–1.25
1.37
...
.67
.26
19.04
1.56
2.53
1.91
...
...
1.77
1.18
7.61
.98
–450.82
.53
1.67
.55
6.79
3.26
.25
–1.19
3.63
1.84
.19
.15
–.33
–.65
1.31
1.55
...
2.94
.68
2.65
–4.87
6.73
.91
2.70
–2.18
1.58
...
1.13
2.30
–.23
1.82
1.71
1.71
3.00
4.03
2.03
–1.27
.09
5.01
3.01
2.28
2.86
10439
6.96
2.29
3.04
4.04
4.24
–2.07
–.79
–.58
–5.00
2.86
.97
3.57
...
1.38
.92
21.83
2.80
2.48
1.97
–1.61
–.15
...
1.33
10.00
1.66
.74
.57
1.92
3.70
5.82
2.66
1.25
–.45
1.12
1.93
.26
...
3.03
.64
1.38
2.64
.25
3.24
3.02
2.98
–3.42
3.74
.88
3.71
–1.34
.50
1.38
1.03
.94
.02
1.85
1.91
1.91
4.05
3.55
1.61
.89
.51
3.85
4.21
.84
3.26
12202
8.14
2.68
3.43
4.25
4.52
–.77
–.94
–.05
–4.31
4.48
1.88
3.73
...
1.60
.75
25.00
3.12
2.63
2.05
–.73
2.27
...
1.53
10.76
2.15
1.42
.67
2.03
3.98
6.35
2.91
1.40
–.22
1.48
2.06
.26
...
1.99
.52
1.60
2.95
.45
3.44
3.59
3.18
–2.19
4.11
.86
4.08
–.51
1.10
1.35
1.78
1.84
.04
2.00
2.07
2.08
4.60
3.96
1.45
1.13
.67
5.52
4.69
1.14
.14
...
...
.21
...
.34
.25
...
...
...
...
...
...
.445
.9688
...
.3125
2.50
.54
.62
.24
...
.30
...
.10
1.42
...
...
...
.17
.14
...
.75
...
...
.05
.2075
.16
.1194
.7795
...
.14
...
...
.38
.15
.39
.07
.7586
.26
.365
...
.14
.0625
.435
.295
.4675
.135
.1825
.1825
.165
1.2625
.25
.057
...
.46
...
...
21
45
dd
11
cc
19
dd
18
cc
cc
dd
dd
19
dd
23
12
...
10
16
10
139.35
30.32
8.63
29.97
23.67
16.25
8.39
37.88
58.43
58.00
35.16
5.74
51.87
49.05
46.32
50.25
12.01
23.34
129.70
14.80
+2.80
+1.01
+0.45
+0.22
–1.32
+0.25
+0.09
+0.70
–1.18
–1.23
–0.07
–0.31
+0.43
+2.10
–0.15
+0.93
+0.03
+0.26
+7.40
–0.10
6.53
.31
–3.29
–7.98
–.53
.75
.75
1.69
2.81
2.81
–1.19
–27.49
2.65
–4.20
1.98
3.17
...
2.01
.15
.83
6.78
2.36
–3.57
–.03
.65
.87
.33
2.57
4.45
4.45
–.64
–14.92
2.92
3.00
2.17
3.23
...
1.60
9.74
1.89
7.36
3.26
–1.27
2.02
.98
.95
.28
2.69
5.12
5.11
.19
–6.25
3.20
3.65
2.34
3.21
...
1.67
10.83
1.96
...
...
...
...
...
...
.265
...
.18
.18
.30
...
...
.15
.3325
.30
.1175
.09
2.5567
.5125
C
The Week’s Statistics
Barron's 50-Stock Average .............
Bonds ............................................
Cash Track .....................................
Charting the Market ......................
Closed-End Funds..........................
Coming Earnings ...........................
Conference Call Calendar...............
Consensus Estimates Dow Industrials
Dates To Watch .............................
Delta Tactical Sentiment ................
Distributions & Offerings ...............
Dividend Boosts - Reductions.........
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
...
...
...
...
...
...
12.6
...
1.2
1.2
3.4
...
...
1.2
2.9
2.4
1.0
1.5
3.9
13.9
Bonus Tables: 40 & 43
43
38
40
38
39
40
25
42
42
30
42
42
Indexes P/Es & Yields ......................
Initial Public Offerings....................
Investor Sentiment Readings .........
Key Foreign Market Indexes ...........
Market Lab ....................................
Money Rates, U.S. & Foreign ..........
Money Supply ...............................
Mutual Fund Indicators .................
Mutual Funds ................................
N.Y. Stock Exchange ......................
Nasdaq National Market................
New Corporate Listings .................
39
40
42
30
38
42
42
35
31
16
21
43
New Highs & Lows .........................
NYSE Half-Hourly Volume ..............
Other Market Indexes ....................
Preferred Stock Listings .................
Pulse of the Economy.....................
Quarterly Stock Winners & Losers...
S&P Dow Jones Indexes..................
SEC Form 144 Filings ......................
Short Interest NASDAQ..................
Short Interest NYSE/NYSE Mkt .......
Stock Splits - Special Dividends ......
Stock Volume ................................
Top Retail Money Fund Top Yields ..
41
38
38
28
40
32
38
39
33
33
43
38
36
Top Savings Deposit Yields.............
Trading Diary .................................
Vital Signs......................................
Week In Stocks...............................
Weekly Bond Statistics...................
Weekly Volume By Markets ............
Winners & Losers Stocks ................
For statistical queries please contact the
Statistics Team: 609-520-4799
or email: barronsstats@barrons.com
or visit: barrons.com/mktlab?mod=BOL_Nav_MAR_other
37
38
4
39
42
39
8
October 2, 2017
BARRON’S
M17
New York Stock Exchange Composite List
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
52-Week
High Low Name
25.56
17.69
38.06
33.67
29.43
24.80
26.35
6.95
12.55
89.91
8.98
788.00
61.34
27.14
23.71
17.88
38.63
36.61
21.45
23.42
39.65
8.10
14.49
18.53
14.94
62.95
96.39
13.36
64.23
41.27
24.32
92.22
84.48
35.28
169.58
35.91
94.57
54.80
96.92
17.89
10.15
11.41
84.88
16.50
116.40
76.40
69.89
70.56
48.19
29.11
29.47
99.36
23.70
5.50
42.22
12.81
125.55
36.64
72.56
7.35
9.75
104.75
14.74
11.19
13.39
10.37
16.82
98.72
30.45
7.70
33.55
28.05
33.45
15.85
109.59
21.55
13.79
15.95
216.01
52.15
19.43
8.20
3.85
27.46
81.95
119.00
36.56
16.85
20.90
14.95
13.83
30.90
1.68
16.61
63.26
1.74
22.36
84.88
8.38
43.35
53.61
16.55
2.12
22.96
1.95
499.00
67.80
2.42
150.28
36.37
54.18
27.98
188.36
146.96
24.45
44.84
32.50
72.96
72.97
0.20
15.82
13.27
31.55
24.48
23.16
16.35
12.03
2.58
6.45
69.30
7.42
559.83
47.99
20.02
20.00
13.75
30.18
22.39
12.00
6.47
29.25
4.65
9.77
9.34
9.30
38.30
75.36
7.41
45.00
20.45
15.20
72.62
61.72
27.52
139.29
27.76
68.19
28.40
70.50
11.60
10.02
8.93
62.70
7.51
92.09
47.50
45.92
46.07
30.37
23.06
19.90
77.94
8.14
3.05
21.83
10.05
80.33
12.20
56.23
4.70
1.30
63.02
10.16
6.98
8.52
6.91
6.76
50.00
21.83
3.49
24.54
18.45
18.17
9.80
67.20
16.45
8.38
6.51
132.92
14.41
16.00
3.55
2.05
20.81
57.63
99.61
9.55
6.96
14.70
4.27
6.65
21.38
1.18
12.16
50.45
0.97
12.45
67.82
5.60
25.60
45.58
10.84
1.10
10.43
1.02
295.11
43.70
1.04
121.48
31.28
42.56
18.94
115.03
89.49
16.05
32.03
22.61
46.97
46.06
0.02
CONE Midstream
CPFLEnergia
CRH
CSRA
CSS Industries
CTS
CVR Energy
CVR Partners
CVR Refining
CVS Health
CYS Invts
CableOne
Cabot
CabotOil
CadenceBancorp
CAE g
CalAtlantic
Caleres
CalgonCarbon
CaliforniaRscs
CalWtrSvc
Calix
CallawayGolf
CallonPetrol
Calpine
Cambrex
CamdenProperty
Cameco g
CampbellSoup
CampingWorld
CanadaGoose
CIBC g
CanNtlRlwy g
CanNaturalRes g
CanPacRlwy g
Canon
CantelMedical
CapitalOneWt
CapitalOne
CapitalSrLiving
CapitolInvtIV
CapsteadMtg
CardinalHealth
Care.com
Carlisle
CarMax
Carnival
Carnival
CarpenterTech
CarriageSvcs
Cars.com
Carters
Carvana
CastlightHealth
Catalent
CatchMarkTimber
Caterpillar
Cato
CedarFairRec
CedarRealty
Celadon
Celanese A
Celestica
CellcomIsrael
CementosPacasm
Cemex
CenovusEnergy g
Centene
CenterPointEner
CentraisElBras
CentralPacFin
CenturyComm
CenturyLink
ChannelAdvisor
CharlesRiverLabs
ChathamLodging
CheetahMobile
Chegg
Chemed
Chemours
CherryHillMtg
ChesapeakeEner
ChesapeakeGranite
ChesapeakeLodging
ChesapeakeUtil
Chevron
ChicagoB&I
Chico'sFas
ChimeraInvt
ChinaCordBlood
ChinaDistanceEd
ChinaEastrnAir
ChinaGreenAg
ChinaLifeIns
ChinaMobile
ChinaNewBorun
ChinaOnlineEduc
ChinaPetrol
ChinaRapidFin
ChinaSoAirlines
ChinaTelecom
ChinaUnicom
ChinaXiniyaFash
ChinaYuchai
ChinaZenixAuto
Chipotle
ChoiceHotels
Christopher&Banks
Chubb
ChunghwaTelecom
Church&Dwight
Ciena
Cigna
CimarexEnergy
CincinnatiBell
Cinemark
CinerRscs
CircorIntl
Citigroup
CitigroupWt19
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
CNNX
CPL
CRH
CSRA
CSS
CTS
CVI
UAN
CVRR
CVS
CYS
CABO
CBT
COG
CADE
CAE
CAA
CAL
CCC
CRC
CWT
CALX
ELY
CPE
CPN
CBM
CPT
CCJ
CPB
CWH
GOOS
CM
CNI
CNQ
CP
CAJ
CMD
COF/WS
COF
CSU
CIC/U
CMO
CAH
CRCM
CSL
KMX
CCL
CUK
CRS
CSV
CARS
CRI
CVNA
CSLT
CTLT
CTT
CAT
CATO
FUN
CDR
CGI
CE
CLS
CEL
CPAC
CX
CVE
CNC
CNP
EBR
CPF
CCS
CTL
ECOM
CRL
CLDT
CMCM
CHGG
CHE
CC
CHMI
CHK
CHKR
CHSP
CPK
CVX
CBI
CHS
CIM
CO
DL
CEA
CGA
LFC
CHL
BORN
COE
SNP
XRF
ZNH
CHA
CHU
XNY
CYD
ZX
CMG
CHH
CBK
CB
CHT
CHD
CIEN
CI
XEC
CBB
CNK
CINR
CIR
C
C/WS/A
7.4
1.6
1.2
1.2
2.8
.7
7.7
2.5
...
2.5
11.6
1.0
2.3
.7
...
1.6
.4
.9
.9
...
1.9
...
.3
...
...
...
3.3
3.3
3.0
.8
...
4.7
1.6
2.6
1.1
...
.1
...
1.9
...
...
7.9
2.8
...
1.5
...
2.5
2.5
1.5
.8
...
1.5
...
...
...
4.3
2.5
10.0
5.3
3.6
1.2
1.8
...
...
...
...
1.6
...
3.7
...
2.2
...
11.4
...
...
6.2
...
...
.6
.2
10.8
...
19.1
5.9
1.7
3.7
...
3.7
10.6
...
...
...
...
1.2
4.1
...
...
4.0
...
2.1
2.6
...
...
...
...
...
1.3
...
2.0
4.8
1.6
...
.0
.3
...
3.2
9.1
.3
1.8
...
9
38
22
17
11
26
93
dd
27
16
dd
39
16
dd
3
25
10
22
cc
1
32
dd
8
22
cc
20
20
dd
16
7
...
11
23
33
20
21
55
...
12
dd
...
16
17
cc
28
21
18
17
48
22
13
19
...
dd
45
dd
cc
20
27
dd
75
18
13
8
29
12
6
21
21
3
20
10
27
dd
28
32
dd
dd
51
34
3
dd
8
28
31
38
dd
12
5
36
11
10
2
29
13
3
dd
11
dd
10
16
cc
...
9
dd
65
24
dd
13
22
29
24
22
39
12
15
13
56
15
...
15.84
17.16
37.86
32.27
28.82
24.10
25.90
3.23
9.85
81.32
8.64
722.12
55.80
26.75
22.92
17.53
36.63
30.52
21.40
10.46
38.15
5.05
14.43
11.24
14.75
55.00
91.45
9.67
46.82
40.74
20.55
87.52
82.85
33.49
168.03
34.32
94.17
42.63
84.66
12.55
10.12
9.65
66.92
15.89
100.29
75.81
64.57
64.48
48.03
25.60
26.61
98.75
14.68
4.30
39.92
12.61
124.71
13.23
64.12
5.62
6.75
104.27
12.38
9.23
12.73
9.08
10.02
96.77
29.21
6.20
32.18
24.70
18.90
11.50
108.02
21.32
8.41
14.84
202.05
50.61
18.10
4.30
2.10
26.97
78.25
117.50
16.80
8.95
18.92
11.12
6.71
24.44
1.23
15.05
50.57
1.23
14.29
75.76
6.59
34.37
51.12
14.03
1.38
22.26
1.37
307.83
63.90
1.36
142.55
34.11
48.45
21.97
186.94
113.67
19.85
36.21
25.05
54.43
72.74
.12
–1.50
–0.19
+1.26
+0.21
+0.49
+0.95
+1.38
–0.15
+0.75
+1.69
+0.07
+0.13
...
+0.17
+0.73
+0.86
+1.34
+0.90
...
+0.28
+0.10
+0.15
+0.31
+0.17
+0.09
+0.95
–1.55
–0.31
+1.69
+2.31
+1.21
–1.24
+0.94
–0.60
–0.22
+0.53
+8.67
+2.61
+2.72
+0.31
–0.01
–0.02
+0.26
+1.46
+2.10
+1.62
+0.24
–0.26
+3.29
+0.63
+0.17
+4.26
–1.49
+0.05
–0.84
+0.19
+0.28
+0.22
–0.12
+0.42
+0.40
+0.08
–0.10
–0.21
–0.01
–0.27
–0.26
+4.55
+0.01
–0.45
+1.64
+0.30
+0.36
+0.35
+2.51
+0.29
–0.56
+0.18
+10.19
–1.18
–0.35
+0.08
...
+0.97
–0.80
+0.21
+0.43
+0.73
–0.55
–0.06
–0.19
–1.72
–0.01
–0.16
–0.07
–0.05
+0.59
+0.07
–0.47
–2.24
+1.22
–0.46
–0.10
+0.91
–0.01
–6.48
+0.65
–0.15
–0.04
–0.07
–0.16
+0.40
+4.20
+2.82
+0.25
–0.28
+1.12
+3.16
+1.34
–0.01
1.58
.52
1.66
1.84
3.13
1.03
.28
–.26
.10
4.90
–.04
17.14
2.36
–.91
65.52
.72
3.60
1.52
.27
6.76
1.01
–.56
1.98
–.78
.26
2.48
9.05
–.12
2.89
.09
.17
8.08
3.54
–.14
8.07
1.27
1.71
...
6.89
–.97
...
.70
4.03
.10
3.82
3.26
3.72
3.72
.99
1.12
...
5.08
–1.10
–.58
.87
–.29
–.11
1.72
3.14
–.08
.88
6.18
.96
1.47
.49
...
–.49
3.43
1.00
.74
1.50
2.33
1.16
–.31
3.23
.81
...
–.47
6.48
.04
3.30
–6.45
.36
1.13
2.86
–.27
–3.05
.69
2.92
.24
.76
...
.67
...
4.00
.37
...
...
...
...
...
.05
–3.65
1.94
–.08
.77
2.46
–.48
8.87
1.60
1.75
.51
7.19
–4.38
2.18
2.19
2.08
.61
4.72
...
1.69
.64
2.04
1.97
1.09
1.15
.37
–.29
.30
5.88
1.03
20.83
3.44
.60
1.39
.85
3.44
2.18
.54
–5.18
1.31
–1.21
.44
.51
.27
3.08
1.77
.15
3.06
2.11
.43
8.80
4.11
.80
9.21
1.80
2.25
...
7.56
–1.50
...
.75
4.99
.41
5.16
3.81
3.72
3.72
2.17
1.62
1.35
5.61
–1.13
–.25
1.61
–.36
5.21
.85
2.87
.06
–.93
7.33
1.27
1.31
.40
.56
.33
4.93
1.33
...
1.63
2.22
1.96
–.03
5.10
.59
.33
.23
8.20
3.51
2.19
.70
...
.82
2.87
3.92
–1.82
.65
2.34
...
.76
3.50
...
.67
4.21
...
–3.31
6.54
–.93
4.34
3.73
.30
...
2.31
...
7.57
2.85
–.48
10.11
1.64
1.93
1.74
10.00
4.14
.01
2.15
1.88
1.72
5.19
...
1.73
.86
2.30
2.10
...
1.26
.77
–.12
.66
6.38
.94
22.42
3.77
.83
1.55
.95
4.06
2.47
.77
–4.41
1.39
–.07
.52
.80
.82
3.18
1.96
.44
3.16
2.31
.54
8.85
4.51
1.28
10.33
1.88
2.67
...
8.49
–.81
...
.75
5.54
.49
6.15
4.07
4.32
4.32
2.94
1.79
1.03
6.18
–.41
–.11
1.77
–.41
6.68
.95
3.50
.11
.15
8.10
1.35
1.52
.52
.63
.19
5.43
1.42
...
1.84
3.30
1.84
.07
5.62
.78
.51
.42
8.78
4.67
2.05
.74
...
1.23
3.45
4.77
2.10
.70
2.42
...
.74
3.09
...
.83
4.47
...
1.28
6.91
.78
4.39
4.17
.56
...
2.51
...
10.77
3.14
–.06
10.73
1.65
2.11
2.01
11.34
5.05
.18
2.29
1.99
2.60
5.93
...
.2922
.1363
.2307
.10
.20
.04
.50
.02
...
.50
.25
1.75
.315
.05
...
.071
.04
.07
.05
...
.18
...
.01
...
...
...
.75
.0799
.35
.0732
...
1.0329
.3276
.2212
.4411
...
.07
...
.40
...
...
.19
.4624
...
.37
...
.40
.40
.18
.05
...
.37
...
...
...
.135
.78
.33
.855
.05
.02
.46
...
...
...
...
.04
...
.2675
...
.18
...
.54
...
...
.11
...
...
.28
.03
.49
...
.1003
.40
.325
1.08
.07
.0825
.50
...
.45
.3581
...
.174
2.0457
...
...
1.5115
...
.7323
1.3446
...
...
.90
...
...
.215
...
.71
1.6376
.19
...
.04
.08
...
.29
.567
.0375
.32
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
39.75
11.93
13.81
3.73
20.98
61.62
6.35
68.40
12.37
15.00
141.76
8.04
23.35
48.85
21.90
46.98
44.75
91.85
12.30
43.22
42.93
77.27
16.09
23.48
76.76
47.01
39.67
24.64
63.04
11.74
27.95
11.33
4.75
3.84
11.94
4.24
28.22
19.50
84.40
13.42
41.68
147.55
4.96
18.15
53.17
22.34
86.16
205.12
202.00
11.70
8.34
26.53
60.30
20.03
30.57
256.39
118.59
44.50
134.25
125.83
35.33
48.02
37.25
120.85
32.17
36.03
9.50
9.21
45.97
16.18
25.34
9.45
16.50
84.34
10.50
14.37
213.83
16.17
14.74
28.30
19.80
29.80
108.88
61.39
23.35
28.28
55.65
99.20
37.80
170.68
107.61
36.93
14.27
24.12
5.86
11.43
1.06
15.40
43.03
3.35
43.60
4.91
9.98
111.24
2.78
15.40
34.07
1.42
39.88
30.55
59.44
7.30
33.16
28.47
63.43
12.37
20.27
46.59
17.90
26.90
15.08
42.67
4.15
19.61
7.76
2.05
2.06
7.15
1.76
19.49
15.90
59.72
5.52
32.16
106.73
3.22
13.10
40.37
13.55
68.76
144.00
147.95
4.85
3.75
18.35
29.08
11.33
20.15
158.73
82.50
32.78
83.26
86.55
12.99
34.59
23.21
64.81
22.23
24.92
5.63
5.07
29.19
10.10
15.83
7.04
13.00
59.81
6.86
8.22
144.23
12.34
6.46
18.51
14.10
23.26
79.38
51.57
14.03
22.83
39.50
69.63
26.80
121.22
82.77
24.37
6.12
CitizensFin
Citizens
CityOfficeREIT
Civeo
CivitasSolutions
CleanHarbors
ClearChannelOutdr
ClearwaterPaper
Cleveland-Cliffs
ClipperRealty
Clorox
CloudPeakEnergy
Cloudera
Coach
CobaltIntlEner
Coca-Cola
Coca-Cola Euro
Coca-Cola Femsa
CoeurMining
Cohen&Steers
Colfax
Colgate-Palmolive
ColonyNorthStar
ColumbiaProperty
Comerica
ComericaWt
ComfortSystems
CommercialMetals
CommBkSys
CommunityHlthSys
CommunityHlthcr
SABESP
EngGr-Cmg C
EngGr-Cmg
COPEL
CiaSiderurgica
CerveceriasUnid
CompassDiversif
CompassMnlInt
ComstockRscs
ConagraBrands
ConchoRscs
ConcordMed
Conduent
ConocoPhillips
ConsolEnergy
ConEd
ConstBrands A
ConstBrands B
Constellium
ContainerStore
ContinentalBldg
ContinentalRscs
Volaris
Convergys
Cooper
Cooper-Standard
CooperT&R
Copa
CoreLabs
CoreCivic
CoreLogic
CorEnergyInfr
Coresite
Corning
CorpOfficeProp
Cosan
Costamare
Cotiviti
Cott
Coty
CousinsProperties
Covanta
Crane
Crawford A
Crawford B
Credicorp
CreditSuisse
CrescentPoint g
CrestwoodEquity
CrossTimbers
CrossAmerPtrs
CrownCastle
CrownHoldings
CryoLife
CubeSmart
Cubic
Cullen/Frost
Culp
Cummins
CurtissWright
CustomersBancorp
CypressEnergy
CFG
CIA
CIO
CVEO
CIVI
CLH
CCO
CLW
CLF
CLPR
CLX
CLD
CLDR
COH
CIE
KO
CCE
KOF
CDE
CNS
CFX
CL
CLNS
CXP
CMA
CMA/WS
FIX
CMC
CBU
CYH
CHCT
SBS
CIG/C
CIG
ELP
SID
CCU
CODI
CMP
CRK
CAG
CXO
CCM
CNDT
COP
CNX
ED
STZ
STZ/B
CSTM
TCS
CBPX
CLR
VLRS
CVG
COO
CPS
CTB
CPA
CLB
CXW
CLGX
CORR
COR
GLW
OFC
CZZ
CMRE
COTV
COT
COTY
CUZ
CVA
CR
CRD/A
CRD/B
BAP
CS
CPG
CEQP
CRT
CAPL
CCI
CCK
CRY
CUBE
CUB
CFR
CULP
CMI
CW
CUBI
CELP
1.9
...
6.8
...
...
...
...
...
...
3.5
2.5
...
...
3.4
...
3.3
2.4
2.3
...
2.8
...
2.2
8.6
3.7
1.6
...
.8
2.5
2.5
...
5.8
...
...
...
...
...
2.5
8.1
4.4
...
2.5
...
...
...
2.1
...
3.4
1.0
.9
...
...
...
...
...
1.5
.0
...
1.1
2.4
2.2
6.3
...
8.5
3.2
2.1
3.4
.9
6.5
...
1.6
3.0
2.6
6.7
1.7
2.9
1.7
1.8
4.5
3.7
9.8
6.9
9.1
3.8
...
...
4.2
.5
2.4
1.0
2.6
.6
...
10.9
42.45
60.02
17.82
8.43
5.20
6.67
62.95
25.96
113.71
58.42
86.29
28.25
88.62
4.40
30.80
95.22
18.65
70.16
22.31
72.72
132.50
36.05
27.85
29.70
42.96
8.11
1.75
3.29
2.84
47.26
15.14
89.66
49.43
64.06
13.93
75.71
1.25
18.01
60.16
11.51
54.50
10.30
44.00
84.18
21.30
14.76
DCP Midstream
DCT Industrial
DDR
DHI Group
DHT
DRDGOLD
DST Systems
DSW
DTE Energy
DTE EnergyUn
DXC Tech
Dana
Danaher
Danaos
DaqoNewEnergy
Darden
DarlingIngred
DaVita
DeanFoods
DeckersOutdoor
Deere
DelekLogistics
DelekUS
DCP
DCT
DDR
DHX
DHT
DRD
DST
DSW
DTE
DTV
DXC
DAN
DHR
DAC
DQ
DRI
DAR
DVA
DF
DECK
DE
DKL
DK
9.0
2.1
8.3
...
2.0
4.0
1.3
3.7
3.1
6.0
.8
.9
.7
...
...
3.2
...
...
3.3
...
1.9
9.0
2.2
16
70
dd
dd
35
dd
47
32
34
...
25
dd
...
19
dd
47
26
23
22
19
33
27
97
dd
19
...
21
29
26
dd
cc
9
15
16
20
...
27
dd
18
dd
24
32
...
dd
dd
dd
20
28
28
42
22
24
dd
cc
20
34
15
10
16
60
15
42
15
64
13
cc
41
16
44
dd
dd
84
dd
37
15
18
15
dd
dd
dd
14
dd
80
17
69
45
dd
19
19
19
24
13
28
37.87
7.35
13.77
2.85
18.45
56.70
4.65
49.25
7.15
10.71
131.91
3.66
16.62
40.28
1.43
45.01
41.62
77.13
9.19
39.49
41.64
72.85
12.56
21.77
76.26
47.01
35.70
19.03
55.25
7.68
26.96
10.46
2.43
2.48
8.86
2.96
26.93
17.75
64.90
6.08
33.74
131.72
3.51
15.67
50.05
16.94
80.68
199.45
198.14
10.25
4.21
26.00
38.61
11.87
25.89
237.11
115.97
37.40
124.53
98.70
26.77
46.22
35.35
111.90
29.92
32.83
8.13
6.18
35.98
15.01
16.53
9.34
14.85
79.99
9.58
11.96
205.02
15.80
8.05
24.40
14.60
27.25
99.98
59.72
22.70
25.96
51.00
94.92
32.75
168.03
104.54
32.62
7.72
+1.52
–0.32
+0.78
+0.22
–0.45
+1.99
+0.60
+2.10
+0.29
+0.30
+2.08
+0.07
–0.29
+0.33
–0.26
–0.48
+0.98
–0.82
+0.11
+0.80
–1.10
+1.66
–0.33
+0.43
+2.84
+2.91
+0.95
+0.82
+2.16
+0.32
+0.39
–0.47
–0.29
–0.26
–0.43
–0.13
+0.16
+0.70
+4.80
+0.06
+0.59
+4.66
–0.49
+0.18
+0.97
+0.67
–0.91
–2.36
–3.76
–0.05
–0.08
+0.60
+0.79
+0.01
+0.41
–2.66
+5.93
+1.95
–7.05
+1.19
+1.24
+0.38
+1.76
+3.41
–0.13
+0.30
–0.16
+0.18
+0.34
+0.07
+0.38
+0.12
+0.45
+1.64
+0.02
+0.21
+2.64
+0.12
+0.14
+0.05
–0.16
–0.16
–0.62
–1.17
+0.85
–0.30
–0.60
+3.93
+1.75
+0.05
+0.20
+2.01
–0.10
1.97
.04
–.13
–.90
.25
–.69
.39
2.90
.87
–.34
5.33
.35
...
2.09
–85.35
1.49
1.45
2.61
.34
2.00
1.04
2.72
.21
.68
2.68
...
1.72
.47
2.32
–15.54
.24
1.26
.08
.08
1.08
.28
.96
.51
4.79
–11.52
1.46
–10.85
–.90
–4.85
–2.91
–3.70
4.12
7.52
7.52
–.04
.31
1.08
–1.08
...
1.40
5.59
7.42
4.51
7.90
1.47
1.87
1.19
2.14
1.54
3.23
–.03
.30
.79
.55
–.61
–.66
...
–.03
2.07
.60
.60
13.10
–1.29
–1.37
–3.55
1.06
.22
.95
3.56
.32
.45
.06
4.70
1.78
8.23
4.15
2.31
.13
2.52
...
–.21
–.52
.71
.68
–.09
2.64
1.00
...
5.66
–.46
–.93
2.38
–7.74
1.90
...
3.88
.13
2.01
1.73
2.89
.29
.07
4.60
...
1.76
.89
2.57
–.32
...
1.16
.28
.28
1.23
.12
1.04
1.60
2.85
–5.52
1.86
1.63
–.26
.76
.23
.59
4.09
8.16
8.16
.64
.33
1.30
.13
–.30
1.88
9.72
10.70
3.40
8.47
1.99
1.55
2.33
2.40
1.82
1.70
.84
...
.81
1.54
.01
.69
.45
–.23
4.48
.77
.77
14.21
.79
.31
–.86
...
.12
1.15
4.03
.35
.69
–.58
5.25
1.83
9.86
4.54
2.70
.51
2.79
...
–.43
–.35
.86
1.25
–.12
4.02
.87
...
6.04
–.24
–.63
2.68
–6.83
1.98
...
4.15
.37
2.21
2.01
3.13
.44
.26
5.25
...
2.09
1.35
2.74
.13
...
1.37
.40
.40
1.53
.12
1.17
1.74
3.99
–.65
2.00
1.74
.07
.97
1.20
.88
4.26
9.07
9.09
1.10
.39
1.58
.54
.99
1.94
10.83
11.69
4.08
9.75
2.71
1.45
2.58
2.42
2.17
1.84
.99
1.95
.63
1.69
.32
.97
.11
.08
4.98
.87
.87
16.20
1.23
–.11
–.11
...
.50
1.46
4.50
.45
.72
1.70
5.66
1.58
10.90
4.95
2.95
.50
.18
...
.235
...
...
...
.7797
...
...
.095
.84
...
...
.3375
...
.37
.25
.8805
...
.28
...
.40
.27
.20
.30
...
.075
.12
.34
...
.3925
.3626
.4559
.0368
.2696
...
.331
.36
.72
...
.2125
...
...
...
.265
...
.69
.52
.47
...
...
...
...
...
.10
.03
...
.105
.75
.55
.42
...
.75
.90
.155
.275
.0756
.10
...
.06
.125
.06
.25
.33
.07
.05
3.7843
.7161
.0248
.60
.0842
.6225
.95
...
...
.27
.135
.57
.08
1.08
.15
...
.21
18
59
dd
dd
dd
cc
11
15
18
...
dd
6
27
dd
6
20
35
9
18
cc
21
16
dd
34.64
57.92
9.16
2.60
3.98
3.85
54.88
21.48
107.36
54.45
85.88
27.96
85.78
1.40
29.02
78.78
17.52
59.39
10.88
68.41
125.59
31.25
26.73
+1.99
–0.70
–0.13
+0.25
–0.09
+0.05
+1.00
+0.98
–1.02
+0.22
+0.37
+0.70
–1.00
...
+0.68
–4.10
–0.74
+1.90
+0.38
+4.87
+1.84
+1.50
+1.03
1.64
1.03
.10
–.11
.10
.02
6.41
1.52
4.83
...
–.88
4.36
3.65
–3.34
4.24
3.80
.62
4.29
1.31
.18
4.81
2.07
–2.49
1.12
.92
–.05
.22
.18
.07
3.01
1.50
5.42
...
6.84
2.33
3.95
...
6.04
4.45
.26
3.56
.81
4.08
6.49
2.45
.22
1.18
.77
...
.28
.29
.19
3.58
1.59
5.71
...
8.26
2.55
4.28
...
4.72
4.90
.80
3.81
.86
4.57
7.26
2.94
.90
.78
.31
.19
...
.02
.0389
.18
.20
.825
.8125
.18
.06
.14
...
...
.63
...
...
.09
...
.60
.705
.15
D
FIVE-DAY DOW COMPOSITE
Not a Taxing Week: As President Donald Trump proposed tax cuts, the Dow eased up
0.3% on the week, while finishing 4.9% higher for the third quarter. Over five days, Nike
stumbled 2.6%. Home Depot rose 2.2%
Monday
Tuesday
Wednesday
Thursday
Friday
22410
22370
(Prev Fri's
Close)
22330
22290
-53.50
22250
10
12
52-Week
High Low Name
-11.77
2
4pm
10
12
+56.39
2
4pm
10
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
77.69
104.09
55.75
89.71
75.94
4.29
33.40
19.48
50.69
137.59
22.65
12.08
6.20
62.88
31.85
127.23
35.95
83.44
88.00
29.36
74.33
116.10
59.79
81.30
14.21
81.65
54.16
34.85
221.58
44.58
48.91
29.00
12.50
40.15
40.79
92.74
1.21
2.54
70.70
99.47
50.10
69.40
4.69
35.58
88.40
30.14
137.58
110.64
17.93
13.81
8.36
89.38
7.44
46.64
60.50
37.91
53.21
59.47
0.91
27.91
10.77
28.79
99.46
10.06
8.73
2.36
25.94
17.95
85.63
23.95
45.51
36.71
12.25
53.91
90.32
44.99
65.97
8.29
69.51
47.26
23.20
149.67
33.99
35.85
18.02
5.63
25.23
33.78
65.50
0.95
1.80
64.01
81.05
29.83
35.85
2.41
18.70
72.34
22.97
100.46
70.33
12.76
5.84
0.11
49.03
6.49
DellTechnologies
DelphiAutomotive
DeltaAir
DelticTimber
Deluxe
DenburyRscs
Despegar.com
DeutscheBank
DevonEnergy
Diageo
DiamondOffshore
DiamndrckHspty
DianaShipping
Dick's
DieboldNixdorf
DigitalRealty
DigitalGlobe
Dillard's
DineEquity
DiplomatPharmacy
DiscoverFinSvcs
Disney
DolbyLab
DollarGeneral
DominionDiamond
DominionEner
DominionEnerUn
DominionEnerMid
Domino's
Domtar
Donaldson
DonnelleyFin
DorianLPG
DouglasDynamics
DouglasEmmett
Dover
DoverDowns
DoverMotorsports
DowDuPont
DrPepperSnap
DrReddy'sLab
Dril-Quip
DriveShack
Ducommun
DukeEnergy
DukeRealty
D&B
DycomInds
DynagasLNG
Dynegy
DynegyAWt
DynegyUn
DynexCapital
DVMT
DLPH
DAL
DEL
DLX
DNR
DESP
DB
DVN
DEO
DO
DRH
DSX
DKS
DBD
DLR
DGI
DDS
DIN
DPLO
DFS
DIS
DLB
DG
DDC
D
DCUD
DM
DPZ
UFS
DCI
DFIN
LPG
PLOW
DEI
DOV
DDE
DVD
DWDP
DPS
RDY
DRQ
DS
DCO
DUK
DRE
DNB
DY
DLNG
DYN
DYN/WS/A
DYNC
DX
...
1.2
2.5
.5
1.6
...
...
1.2
.7
3.1
...
4.6
...
2.5
1.8
3.1
...
.7
9.0
...
2.2
1.6
1.0
1.3
2.8
3.9
6.7
3.6
.9
3.8
1.6
...
...
2.4
2.3
2.1
...
2.4
...
2.6
.9
...
...
...
4.2
2.6
1.7
...
12.1
...
...
10.4
9.9
2.95
32.54
114.95
73.44
34.62
12.04
109.37
88.18
7.49
80.22
75.74
31.76
82.99
63.80
18.90
110.64
15.71
21.81
91.51
90.97
17.30
4.61
3.80
81.63
50.10
3.66
134.89
10.36
2.00
18.84
77.60
55.10
26.15
4.10
81.99
54.53
2.70
65.50
49.63
21.45
69.20
42.95
1.00
73.83
8.02
17.94
63.99
62.70
6.65
0.06
0.06
59.07
34.44
1.60
110.65
7.65
ECA Marcellus
elfBeauty
EllieMae
EMCOR
ENI
ENSCO
EOG Rscs
EPAM Systems
EP Energy
EPR Prop
EQT
EQT GP
EQT Midstream
ESCO Tech
EXCO Res
EagleMaterials
EarthstoneEner
EasterlyGovtProp
EastGroup
EastmanChem
EastmanKodak
EastmanKodakWt
EastmanKodakWt
Eaton
EatonVance
EclipseResources
Ecolab
Ecopetrol
ECT
ELF
ELLI
EME
E
ESV
EOG
EPAM
EPE
EPR
EQT
EQGP
EQM
ESE
XCO
EXP
ESTE
DEA
EGP
EMN
KODK
KODK/WS
KODK/WS/A
ETN
EV
ECR
ECL
EC
18.2
...
...
.5
5.8
.7
.7
...
...
5.9
.2
2.9
5.0
.5
...
.4
...
4.8
2.9
2.3
...
...
...
2.0
2.3
...
1.2
...
dd
21
10
cc
16
dd
59
dd
8
25
16
22
dd
10
dd
47
cc
14
10
cc
11
17
29
18
20
22
...
23
40
17
26
19
dd
31
67
23
cc
21
32
21
35
81
dd
27
25
31
38
17
13
dd
...
...
5
77.21
98.40
48.22
88.43
72.96
1.34
32.00
17.28
36.71
132.13
14.50
10.95
3.63
27.01
22.85
118.33
35.25
56.07
42.98
20.71
64.48
98.57
57.52
81.05
14.18
76.93
50.75
32.00
198.55
43.39
45.94
21.56
6.82
39.40
39.42
91.39
1.03
2.05
69.23
88.47
35.68
44.15
3.61
32.05
83.92
28.82
116.41
85.88
13.94
9.79
.24
67.38
7.27
+0.20
–4.38
–0.25
+2.25
+2.89
+0.13
–0.16
+0.65
+0.93
+0.02
+1.23
+0.08
–0.42
+0.14
+1.40
+3.82
+0.15
–1.46
+1.94
–0.04
+3.07
–0.03
–0.66
+3.39
...
–0.11
+0.20
–1.75
+1.34
+0.36
+0.51
+0.96
–0.45
+1.35
+0.54
–1.04
–0.02
...
–0.73
–0.27
–1.98
+1.15
+0.42
+0.95
–0.33
–0.29
+2.90
+3.19
+0.40
+0.05
+0.05
+0.13
+0.05
–2.79
4.60
5.79
.76
4.65
–2.61
.30
–1.08
–6.52
5.40
–2.72
.57
–2.11
2.56
–.48
2.20
.34
4.93
5.33
.42
5.77
5.73
1.81
4.43
...
3.44
...
1.30
4.30
2.04
1.74
1.80
–.03
1.70
.55
3.25
.02
.10
3.52
4.54
1.08
2.47
1.04
2.24
3.11
.88
2.65
4.92
1.69
–9.78
...
...
.69
5.05
6.69
5.17
...
5.25
.02
...
1.19
1.67
6.16
.95
.48
–.98
2.90
.97
1.53
–.07
3.57
4.38
.75
5.92
5.83
1.99
4.50
1.11
3.65
...
1.44
5.69
2.51
1.87
1.63
–.42
1.49
.56
4.31
...
...
3.42
4.60
1.24
.07
.32
1.28
4.60
3.71
7.04
4.39
.80
–.59
...
...
.70
...
7.25
5.68
...
5.52
.09
...
1.44
1.99
6.72
.17
.50
–.38
2.90
1.69
1.86
.21
3.78
4.54
.78
6.55
6.47
2.23
4.97
1.28
4.07
...
1.43
6.74
2.90
2.07
1.84
.34
1.82
.73
4.52
...
...
4.10
4.98
1.91
.10
.44
1.81
4.83
.35
7.40
5.64
.72
.44
...
...
.70
...
.29
.305
.10
.30
...
...
.2024
.06
2.0322
...
.125
...
.17
.10
.93
...
.10
.97
...
.35
.78
.14
.26
.20
.755
.8438
.288
.46
.415
.18
...
...
.24
.23
.47
...
.05
...
.58
.3139
...
...
...
.89
.19
.5025
...
.4225
...
...
1.75
.18
7
dd
54
21
78
35
dd
42
dd
21
cc
33
15
30
0
25
dd
cc
37
14
13
...
...
18
21
dd
29
22
2.20
22.55
82.13
69.38
33.07
5.97
96.74
87.93
3.26
69.74
65.24
28.96
74.97
59.95
1.34
106.70
10.99
20.67
88.12
90.49
7.35
.15
.11
76.79
49.37
2.50
128.61
9.49
...
+3.27
–3.60
+0.68
+0.09
+0.73
+2.19
+3.84
+0.20
–0.23
+0.98
+0.47
+1.48
+2.10
–0.11
+0.88
–0.10
+0.31
–1.08
+4.01
–0.40
–0.12
–0.13
–1.31
+0.99
+0.05
–2.72
–0.06
.20
–39.47
1.15
2.97
–.91
3.13
–1.98
1.87
–.11
3.17
–2.71
.80
5.21
1.77
–12.15
4.10
–2.92
.10
2.93
5.75
.28
...
...
4.21
2.12
–.84
4.14
.25
...
.45
1.48
3.53
1.36
–.42
.65
3.33
–.45
3.52
.96
.89
5.36
2.08
–1.09
5.28
–.14
.15
2.27
7.52
...
...
...
4.60
2.46
–.02
4.73
.72
...
.56
1.82
3.86
1.69
–.71
1.40
4.06
–.56
3.51
1.89
1.04
5.28
2.64
.19
6.43
.11
.29
2.33
8.14
...
...
...
5.09
2.94
.03
5.36
1.15
.10
...
...
.08
.9588
.01
.1675
...
...
.34
.03
.21
.935
.08
...
.10
...
.25
.64
.51
...
...
...
.60
.28
...
.37
.1557
E
12
+40.49
2
4pm
10
52-Week
High Low Name
12
+23.89
2
4pm
10
12
2
4pm
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
84.45
82.82
43.62
121.75
11.49
56.58
4.13
9.48
17.00
15.74
26.29
29.59
24.95
23.43
24.45
40.60
64.36
21.98
45.90
40.48
17.36
24.80
26.37
45.09
13.85
5.41
4.55
10.80
6.07
26.36
64.44
60.07
20.05
28.61
10.33
84.74
39.16
20.45
19.59
19.96
16.80
81.32
16.55
80.61
27.80
30.25
7.74
52.00
74.75
30.60
12.04
147.02
32.51
90.80
68.83
3.00
17.73
18.85
41.44
270.04
110.99
102.70
38.80
8.55
83.30
277.17
8.99
64.19
19.52
27.50
38.78
14.39
20.51
34.05
83.23
93.22
69.63
67.44
35.57
81.12
8.11
42.49
1.77
5.90
15.30
12.21
19.74
21.12
17.06
18.67
5.65
24.47
49.22
18.62
29.25
19.25
13.75
13.42
13.87
37.37
8.01
2.08
3.05
7.67
4.25
18.35
46.16
40.98
13.77
17.85
6.26
61.33
25.70
14.70
14.43
14.40
8.68
52.00
9.45
66.71
22.31
24.01
4.90
30.80
42.50
24.45
4.88
89.59
28.04
65.87
58.28
1.65
7.22
6.65
25.84
200.01
75.30
69.85
26.75
6.65
50.52
183.04
1.21
50.56
14.15
14.50
29.82
5.28
13.00
14.51
68.09
76.05
EdgewellPersonal
EdisonInt
EducationRealty
EdwardsLife
eHiCarServices
ElPasoElectric
EldoradoGold g
ElevateCredit
EllingtonFin
EllingtonResiMtg
EmbotellAndinaA
EmbotellAndinaB
Embraer
EmeraldExpo
EmergeEnergy
EmergentBiosol
EmersonElectric
EmpireStateRealty
EmployersHldgs
EmpresaDisCom
EnableMidstream
EnbridgeEnergy
EnbridgeEnPtrs
Enbridge g
Encana
EndeavourSilver
EnduroRoyalty
EnelAmericas
EnelChile
EnelGenChile
Energen
Energizer
EnergyTrfrEquity
EnergyTransfer
Enerplus g
EnerSys
Engility
EnLinkMid
EnLinkMidPtrs
Ennis
EnovaIntl
EnPro
Entercom
Entergy
EntergyBds
EnterpriseProd
Entravision
Envestnet
EnvisionHlthcr
EnvivaPartners
EnzoBiochem
Equifax
EquityCommnwlth
EquityLife
EquityResdntl
EquusTotReturn
EraGroup
ErosIntl
EssentGroup
EssexProp
EsteeLauder
EsterlineTechs
EthanAllen
Euronav
EvercoreA
EverestRe
Everi
EversourceEner
Evertec
EvolentHealth
Exelon
Express
ExtendedStayAmer
Exterran
ExtraSpaceSt
ExxonMobil
EPC
EIX
EDR
EW
EHIC
EE
EGO
ELVT
EFC
EARN
AKO/A
AKO/B
ERJ
EEX
EMES
EBS
EMR
ESRT
EIG
EDN
ENBL
EEQ
EEP
ENB
ECA
EXK
NDRO
ENIA
ENIC
EOCC
EGN
ENR
ETE
ETP
ERF
ENS
EGL
ENLC
ENLK
EBF
ENVA
NPO
ETM
ETR
ENO
EPD
EVC
ENV
EVHC
EVA
ENZ
EFX
EQC
ELS
EQR
EQS
ERA
EROS
ESNT
ESS
EL
ESL
ETH
EURN
EVR
RE
EVRI
ES
EVTC
EVH
EXC
EXPR
STAY
EXTN
EXR
XOM
...
2.8
4.3
...
...
2.4
...
...
11.4
11.0
3.0
2.9
...
1.2
...
...
3.1
2.0
1.3
...
8.0
...
8.8
4.7
.5
...
1.0
3.5
...
7.3
...
2.4
6.6
12.0
1.0
1.0
...
5.9
9.3
4.1
...
1.1
2.6
4.6
5.2
6.4
3.5
...
...
7.7
...
1.5
...
2.3
3.1
...
...
...
...
2.8
1.3
...
2.3
1.5
1.7
2.2
...
3.1
2.5
...
3.5
...
4.2
...
3.9
3.8
38.59
82.60
50.33
93.44
16.43
19.81
59.75
35.55
45.77
12.02
FB Financial
FBK ...
FBL Financial FFG 2.4
FCB Financial FCB ...
FMC
FMC .7
FNB
FNB 3.4
20
18
86
33
48
20
4
...
23
11
25
29
16
...
dd
26
30
53
14
80
19
dd
dd
41
14
48
13
29
10
11
87
15
22
10
3
19
cc
cc
dd
17
11
95
25
dd
...
21
27
dd
dd
73
dd
22
36
42
58
21
dd
cc
14
33
32
20
25
22
20
8
dd
20
15
dd
20
29
59
dd
28
30
72.77
77.17
35.93
109.31
9.80
55.25
2.20
6.11
15.79
14.52
24.41
27.54
22.61
23.24
8.24
40.45
62.84
20.54
45.45
39.75
15.98
15.46
15.98
41.84
11.78
2.38
4.35
10.22
6.00
26.36
54.68
46.05
17.38
18.29
9.87
69.17
34.68
17.25
16.76
19.65
13.45
80.53
11.45
76.36
26.26
26.07
5.70
51.00
44.95
29.55
10.47
105.99
30.40
85.08
65.93
2.43
11.19
14.30
40.50
254.03
107.84
90.15
32.40
8.10
80.25
228.39
7.59
60.44
15.85
17.80
37.67
6.76
20.00
31.61
79.92
81.98
–0.85
–1.11
–2.12
–1.33
–0.10
+0.60
–0.06
–0.03
+0.06
–0.19
–0.40
–0.46
–0.45
+0.53
–0.93
+2.11
–0.60
+0.19
+2.35
+1.48
+1.05
+0.81
+0.45
+0.80
+0.53
–0.04
+0.70
+0.01
+0.13
+0.92
+1.59
+0.30
+0.05
–0.20
–0.19
+0.97
+1.70
–0.05
+0.58
+0.30
+0.20
+3.12
+0.25
–0.39
+0.01
+0.17
–0.05
+0.70
+0.26
+0.80
+0.02
+0.95
+0.34
–1.02
+0.05
+0.03
+0.37
+0.15
+0.95
–0.97
+0.26
–0.80
+1.80
+0.15
+3.35
+2.13
+0.37
–0.27
–1.55
+1.05
+0.55
+0.11
+0.11
+1.28
+1.03
+2.06
2.99
3.97
.65
2.61
...
2.39
–.48
–4.34
–.48
1.31
.81
.90
.93
44.79
–2.92
1.13
2.52
.38
3.24
–1.78
.69
–1.44
–1.08
1.47
–1.07
.03
.26
.57
.48
2.58
–1.77
2.04
.92
.98
1.32
3.64
–.29
–2.56
–1.99
.07
1.03
–1.86
.91
–3.26
...
1.20
.22
–1.30
–.47
.91
–.05
4.04
1.62
1.92
11.68
.43
–.39
.06
2.41
6.27
3.35
3.42
1.29
1.17
2.43
23.68
–3.78
2.96
1.01
–3.55
1.22
.73
.35
–6.59
2.91
1.88
3.97
4.23
.52
3.78
.34
2.53
.04
.34
1.35
1.90
1.11
1.11
1.70
1.05
–.51
1.36
2.61
.56
2.27
.49
.84
.71
.80
1.65
.54
.08
...
.56
.46
1.83
.39
2.90
1.22
.57
.90
4.67
2.21
.31
.04
1.15
1.22
2.02
.82
6.56
...
1.35
.15
1.29
3.39
.88
...
6.00
...
2.19
1.67
...
–.75
.24
3.05
5.56
3.97
4.64
1.76
.04
5.23
21.53
–.56
3.15
1.68
–.41
2.69
.44
1.02
–.12
2.84
3.42
4.15
4.28
.65
4.16
.59
2.74
.14
1.18
1.57
1.68
1.21
1.21
1.52
1.16
1.52
2.03
2.92
.75
2.10
4.16
.85
.89
.99
2.03
.68
.17
...
.77
.49
2.01
1.49
3.03
1.99
1.00
.68
5.09
2.40
.76
.32
1.22
1.63
2.89
1.08
4.84
...
1.53
.29
1.66
3.83
1.42
...
6.39
...
2.46
1.53
...
–.30
.58
3.54
4.59
4.42
4.99
1.93
.31
5.43
20.28
.10
3.31
1.77
.01
2.87
.55
1.10
.69
2.95
3.82
30
16
17
cc
18
37.72
74.50
48.30
89.31
14.03
+1.18
+3.05
+2.30
–0.64
+0.67
2.10
4.28
2.31
1.56
.78
1.90
4.45
2.82
2.44
.95
2.43 ...
4.35 .44
3.22 ...
5.10 .165
1.10 .12
...
.5425
.39
...
...
.335
.0153
...
.45
.40
.1836
.2019
.0516
.07
...
...
.48
.105
.15
...
.318
...
.35
.4888
.015
...
1.15
.177
.1835
.9591
...
.275
.285
.55
.0082
.175
...
.255
.39
.20
...
.22
.20
.87
.3438
.42
.05
...
...
.57
...
.39
...
.4875
.5038
...
...
...
...
1.75
.34
...
.19
.06
.34
1.25
...
.475
.10
...
.3275
...
.21
...
.78
.77
F
M18
BARRON’S
October 2, 2017
New York Stock Exchange Composite List
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
52-Week
High Low Name
47.12
49.63
184.20
147.02
13.12
4.70
11.97
75.00
75.01
156.59
21.40
30.03
226.34
118.10
12.10
22.30
18.10
14.17
31.38
49.37
17.90
93.73
68.85
1.74
49.99
7.05
14.61
19.20
20.84
31.83
11.03
11.46
104.99
63.60
34.83
15.19
19.98
6.15
16.74
36.19
176.42
47.00
15.23
21.00
52.10
58.37
14.65
103.82
79.43
13.27
8.33
26.30
17.77
16.53
37.67
71.07
8.05
18.41
7.73
67.77
26.25
17.91
25.94
85.03
14.86
22.45
44.30
47.65
17.06
50.22
66.86
8.05
58.39
16.58
31.65
31.97
150.95
109.77
2.47
2.46
8.06
43.32
39.09
120.50
11.68
24.52
168.00
50.39
4.22
12.46
6.14
6.94
21.10
31.64
11.00
73.25
27.58
0.74
35.28
4.78
9.62
12.74
14.60
24.85
5.92
8.01
72.40
39.80
27.93
4.90
8.12
3.80
13.00
25.06
121.52
29.37
4.48
14.60
37.51
37.04
11.48
73.45
31.56
10.47
3.53
17.79
10.60
16.00
29.14
46.81
4.50
11.35
4.11
52.05
10.05
11.03
16.71
53.31
6.04
15.20
29.85
33.02
9.24
38.05
45.32
4.87
41.52
10.24
FTI Consulting
Fabrinet
FactSet
FairIsaac
FairmountSantrol
FangHoldings
FarmlandPtrs
FedAgriMtg A
FedAgriMtg C
FederalRealty
FederalSignal
FederatedInvest
FedEx
Ferrari
Ferrellgas
Ferro
FiatChrysler
FibriaCelulose
Fidelity&Guaranty
FidelityNatlFin
FNFV Group
FidelityNtlInfo
58.com
FirstAcceptance
FirstAmerFin
FirstBanCorp
FirstCmwlthFin
FirstData
FirstHorizonNatl
FirstIndRlty
FrstMajestcSlvr
FirstPotomac
FirstRepBank
FirstCash
FirstEnergy
Fitbit
500.com
FiveOaksInvt
FivePoint
Flagstar
FleetCorTech
Floor&Decor
FlotekIndustries
FlowersFoods
Flowserve
Fluor
FlyLeasing
FomentoEconMex
FootLocker
FordMotor
ForesightEnergy
ForestCIty A
Forestar
ForestarWi
Fortis g
Fortive
FortressInvt
FortressTransport
FortunaSilver
FortBrandsHome
ForumEnergyTech
FdnBuilding
FourCornersProp
Franco-Nevada
Frank'sIntl
FranklinCovey
FranklinFin
FranklinRscs
Freeport-McMoRan
FreseniusMed
FreshDelMonte
Frontline
FullerHB
FutureFuel
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
FCN
FN
FDS
FICO
FMSA
SFUN
FPI
AGM/A
AGM
FRT
FSS
FII
FDX
RACE
FGP
FOE
FCAU
FBR
FGL
FNF
FNFV
FIS
WUBA
FAC
FAF
FBP
FCF
FDC
FHN
FR
AG
FPO
FRC
FCFS
FE
FIT
WBAI
OAKS
FPH
FBC
FLT
FND
FTK
FLO
FLS
FLR
FLY
FMX
FL
F
FELP
FCE/A
FOR
FOR/W
FTS
FTV
FIG
FTAI
FSM
FBHS
FET
FBM
FCPT
FNV
FI
FC
FSB
BEN
FCX
FMS
FDP
FRO
FUL
FF
...
...
1.2
.1
...
...
5.6
1.9
2.0
3.2
1.3
3.4
.9
...
7.8
...
...
...
.8
2.1
...
1.2
...
...
3.0
...
2.3
...
1.9
2.8
...
...
.7
1.2
4.7
...
...
13.5
...
...
...
...
...
3.6
1.8
2.0
...
1.4
3.5
5.0
6.1
2.2
...
...
3.6
.4
4.5
7.3
...
1.1
...
...
3.9
1.2
3.9
...
...
1.8
...
1.1
1.3
9.9
1.0
1.5
39
14
28
38
dd
dd
cc
10
10
40
32
14
21
40
dd
cc
9
cc
9
22
8
47
cc
dd
15
11
20
31
17
31
76
16
25
37
dd
dd
dd
7
...
14
31
...
dd
25
53
53
dd
31
8
13
dd
dd
10
...
21
28
17
dd
18
24
dd
...
18
cc
dd
dd
15
15
20
23
14
30
28
19
35.48
37.06
180.11
140.50
4.78
4.05
9.04
75.00
72.74
124.21
21.28
29.70
225.58
110.48
5.14
22.30
17.91
13.54
31.05
47.46
17.15
93.39
63.14
1.07
49.97
5.12
14.13
18.04
19.15
30.09
6.84
11.14
104.46
63.15
30.83
6.96
11.00
4.46
13.64
35.48
154.77
38.93
4.65
18.81
42.59
42.10
14.02
95.53
35.22
11.97
4.23
25.51
17.20
16.09
35.77
70.79
7.97
18.04
4.38
67.23
15.90
14.14
24.92
77.48
7.72
20.30
35.65
44.51
14.04
48.89
45.46
6.04
58.06
15.74
+0.29
+1.11
+11.50
+0.37
+0.59
–0.24
+0.31
+6.00
+2.31
+1.07
+0.99
+0.81
+5.58
–2.99
–0.19
+0.75
–0.04
+0.38
–0.05
–0.20
–0.45
+0.34
–3.64
–0.02
+0.78
–0.40
+0.75
–0.14
+1.17
–0.75
–0.30
...
+3.52
+1.65
–0.06
+0.65
–0.23
+0.19
+0.58
+1.20
+1.10
–0.59
–0.71
+0.68
–0.04
+1.17
–0.26
–4.12
+1.62
+0.13
–0.07
+0.52
–0.10
...
–0.63
+0.76
–0.02
+0.25
–0.30
+2.32
+1.35
+0.78
–0.27
–1.84
+0.05
+1.75
+0.70
+1.62
–0.02
+0.78
–4.16
+0.13
+2.48
+0.44
2.05
2.63
6.51
3.39
–.78
...
.09
5.97
5.97
3.50
.71
2.03
11.07
...
–6.68
–.25
1.32
.87
1.66
2.34
2.34
1.72
...
–.71
3.09
.43
.67
.46
.94
1.05
.05
–.17
3.93
1.72
–14.49
–.47
...
–.79
...
2.66
4.75
.49
–.88
.78
1.01
2.00
–.88
3.17
4.91
1.15
–1.37
–.61
1.38
...
1.43
2.51
.38
–.26
.13
2.62
–.90
–.95
2.63
.70
–.77
.47
2.42
2.94
–3.16
2.03
4.33
.75
2.42
1.29
1.87
3.46
8.19
4.04
.25
.04
–.04
5.85
5.85
3.23
.79
2.06
12.61
3.20
.30
1.27
2.50
.78
2.65
2.55
1.73
4.28
.81
...
3.42
.47
.73
1.53
1.04
.82
.02
...
4.46
2.66
2.82
–.31
...
...
–.32
2.37
8.37
.60
.13
.85
1.43
1.55
1.12
3.41
3.97
1.74
–.99
...
.50
...
...
2.79
.92
.20
.27
3.09
–.30
.35
1.03
1.01
–.42
–.46
2.52
2.95
.95
2.36
3.57
.03
2.59
...
2.08
3.97
8.93
4.17
.50
.17
...
6.60
6.60
3.17
1.01
2.08
15.10
3.43
.29
1.45
2.91
1.15
2.81
2.70
–.18
4.87
1.75
...
3.65
.48
.87
1.67
1.23
.66
.20
...
5.30
3.14
2.53
–.18
...
...
–.19
2.75
9.54
.75
.70
.91
2.00
2.53
2.05
4.16
4.02
1.54
–.26
...
...
...
...
3.07
1.00
.83
.28
3.47
.20
.64
1.04
1.07
–.25
.22
3.09
2.90
1.51
2.57
3.73
.20
3.06
...
...
...
.56
.02
...
...
.1275
.36
.36
1.00
.07
.25
.50
.6794
.10
...
...
.2101
.065
.25
...
.29
...
...
.38
...
.08
...
.09
.21
...
.10
.17
.19
.36
...
...
.05
...
...
...
...
...
.17
.19
.21
...
.673
.31
.15
.0647
.14
...
...
.3197
.07
.09
.33
...
.18
...
...
.2425
.23
.075
...
...
.20
...
.5303
.15
.15
.15
.06
G
8.75
33.55
66.30
34.23
34.32
27.96
36.99
22.32
24.62
31.05
34.20
26.83
61.87
27.86
12.39
30.74
27.65
130.02
18.35
25.45
10.69
14.99
6.16
46.75
20.80
207.60
32.38
64.18
40.69
22.74
72.00
80.73
38.36
4.75
8.31
31.93
100.90
5.27
9.69
4.39
29.00
61.25
4.54
27.55
42.21
25.10
15.07
20.31
20.51
6.51
5.77
22.70
20.80
5.92
47.16
18.47
7.30
21.02
19.91
84.54
12.75
19.10
8.32
4.17
3.52
33.77
11.70
148.76
23.58
50.40
30.21
12.62
20.90
61.44
25.65
0.91
5.07
22.62
79.86
3.23
3.29
2.60
21.71
28.50
GAIN Capital
GAMCO Investors
GATX
GCPAppliedTechs
GEO Group
GGP
GMS
GNC Holdings
GOLLinhas
GP Strategies
GTT Comm
Gafisa
Gallagher
GameStop
Gannett
Gap
GardnerDenver
Gartner
GasLog
GasLogPartners
Gazit-Globe
GencoShipping
Gener8Maritime
Generac
GeneralCable
GeneralDynamics
GeneralElec
GeneralMills
GeneralMotors
GeneralMotorsWt19
Genesco
Genesee&Wyoming
GenesisEnergy
GenesisHealthcare
GenieEnergy
Genpact
GenuineParts
GenworthFin
GeoPark
Gerdau
GettyRealty
Gigamon
GCAP
GBL
GATX
GCP
GEO
GGP
GMS
GNC
GOL
GPX
GTT
GFA
AJG
GME
GCI
GPS
GDI
IT
GLOG
GLOP
GZT
GNK
GNRT
GNRC
BGC
GD
GE
GIS
GM
GM/WS/B
GCO
GWR
GEL
GEN
GNE
G
GPC
GNW
GPRK
GGB
GTY
GIMO
3.8
.3
2.7
...
7.0
4.2
...
9.0
...
...
...
...
2.5
7.4
7.1
3.1
...
...
3.2
8.8
4.1
...
...
...
3.8
1.6
4.0
3.8
3.8
...
...
...
11.0
...
4.6
.8
2.8
...
...
.7
3.9
...
28
8
10
cc
20
18
27
dd
dd
24
dd
dd
25
6
dd
14
...
cc
dd
10
2
dd
dd
28
dd
21
28
19
6
...
8
32
27
dd
dd
22
21
dd
dd
dd
24
cc
6.39
29.76
61.56
30.70
26.90
20.77
35.40
8.84
21.14
30.85
31.65
8.61
61.55
20.66
9.00
29.53
27.52
124.41
17.45
23.25
9.73
11.59
4.51
45.93
18.85
205.58
24.18
51.76
40.38
22.41
26.60
74.01
26.35
1.16
6.55
28.75
95.65
3.85
8.76
3.43
28.61
42.15
–0.01
+1.13
+0.01
–1.00
+1.26
+0.27
+0.62
–0.41
–0.71
+1.05
–0.50
+0.05
+0.56
+0.65
+0.95
+1.17
+1.24
+0.23
+0.75
–0.15
–0.14
–0.97
–0.19
+0.55
–0.05
+0.17
–0.69
+0.53
+0.96
+1.01
+0.90
+1.19
+0.55
+0.13
–0.23
+0.54
+7.67
+0.03
–0.06
–0.13
+0.43
–0.95
.67
3.92
6.29
1.02
1.33
1.34
1.19
–4.12
3.59
1.21
.14
–4592.63
2.32
3.40
.44
1.69
–.19
2.31
–.39
2.18
4.03
–30.03
.81
1.50
–1.89
9.52
.89
2.77
6.00
...
4.83
2.42
1.00
–.82
–1.14
1.28
4.59
–.56
–.82
–.50
1.12
1.31
.19
...
4.61
.78
1.30
.65
2.02
1.36
–.38
1.29
–.26
–9.03
3.00
3.32
.90
2.06
1.15
3.41
.15
2.29
–1.74
–1.40
.05
2.97
.75
9.80
1.56
3.08
6.18
...
3.41
3.00
1.05
–1.24
...
1.56
4.73
1.05
.26
.19
1.30
.79
.82
...
4.18
1.12
1.53
.66
2.37
1.32
.51
1.62
.57
–1.79
3.36
3.32
.84
2.13
1.44
4.18
.66
2.40
.62
...
.17
3.23
1.00
10.53
1.69
3.22
5.88
...
3.44
3.63
1.64
–.66
...
1.75
5.20
.95
.62
.24
1.28
1.12
.06
.02
.42
...
.47
.22
...
.20
...
...
...
...
.39
.38
.16
.23
...
...
.14
.51
.0989
...
...
...
.18
.84
.24
.49
.38
...
...
...
.7225
...
.075
.06
.675
...
...
.0064
.28
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
31.87
25.59
52.49
44.54
39.85
10.25
25.25
21.95
98.14
4.50
47.51
34.03
45.37
4.98
17.87
25.60
255.15
34.45
74.63
124.86
25.00
615.85
262.71
31.19
8.72
62.18
19.30
41.75
14.18
15.75
14.05
15.40
31.69
45.62
50.25
51.25
32.45
63.04
74.35
27.15
83.18
57.61
119.87
229.45
9.38
10.82
24.82
27.37
33.18
17.54
81.46
23.55
16.53
28.72
37.20
22.75
6.73
20.71
14.85
64.63
0.97
30.90
19.25
31.63
2.60
11.91
20.00
157.80
22.30
63.37
69.33
17.19
440.55
155.00
24.09
2.16
42.59
18.13
30.14
12.00
7.00
7.05
12.61
25.85
31.51
21.45
28.95
13.80
45.54
54.70
16.18
51.62
32.43
72.52
131.72
7.18
6.73
11.98
19.69
24.43
9.56
49.18
Gildan
Glatfelter
Glaukos
GlaxoSmithKline
GlobalBrass
GlobalMedREIT
GlobalNetLease
GlobalPtnrs
GlobalPayments
GlobalShipLease
Globant
GlobusMedical
GoDaddy
GoldFields
Goldcorp
GoldmanSachsBDC
GoldmanSachs
Gorman-Rupp
GraceWR
Graco
Graham
GrahamHoldings
Grainger
GramercyProperty
GranayMontero
GraniteConstr
GranitePointMtg
GraniteREIT g
GraphicPkg
GrayTelevision
GrayTelevision A
GreatAjax
GreatPlainsEner
GreatWesternBncp
GreenDot
Greenbrier
Greenhill
Greif A
Greif B
Griffon
Group1Auto
GrubHub
GpoAeroportuar
GpoAeroportSur
GpoAvalAcciones
GpFinSantandMex
GpoSupervielle
GrupoTelevisa
GuangshenRail
Guess
GuidewireSoftware
GIL
GLT
GKOS
GSK
BRSS
GMRE
GNL
GLP
GPN
GSL
GLOB
GMED
GDDY
GFI
GG
GSBD
GS
GRC
GRA
GGG
GHM
GHC
GWW
GPT
GRAM
GVA
GPMT
GRP/U
GPK
GTN
GTN/A
AJX
GXP
GWB
GDOT
GBX
GHL
GEF
GEF.B
GFF
GPI
GRUB
PAC
ASR
AVAL
BSMX
SUPV
TV
GSH
GES
GWRE
91.03
50.93
35.60
7.27
100.26
39.76
56.94
20.13
20.17
50.86
44.97
11.29
3.77
58.78
46.63
35.00
27.07
24.66
100.33
63.40
3.62
132.00
21.10
1.85
57.16
51.51
26.60
26.40
34.64
36.25
33.36
49.71
7.64
91.32
77.25
11.87
85.78
74.49
52.96
15.68
16.48
22.14
116.49
40.70
65.56
26.78
15.12
58.24
23.30
53.26
5.70
84.65
39.50
30.60
39.40
69.74
20.65
38.09
36.46
163.61
32.17
142.06
44.15
26.37
38.84
67.00
24.35
27.47
3.80
59.00
24.84
34.60
13.77
14.07
36.79
32.76
3.69
0.30
38.18
31.59
29.00
18.91
18.02
74.24
45.53
1.56
88.89
9.05
0.73
42.30
35.51
16.57
17.04
28.31
26.66
26.34
36.97
4.61
52.56
46.66
4.82
42.16
47.62
28.66
11.64
8.85
16.80
94.03
8.52
37.25
18.34
12.27
41.03
7.25
45.83
1.95
50.50
28.60
21.47
24.60
44.73
17.05
29.53
22.63
119.20
27.05
105.25
33.30
11.80
30.50
HCA Healthcare
HCI Group
HCP
HC2 Holdings
HDFC Bank
HFF
HNI
HP
HRG Group
HSBC
Haemonetic
HalconRscs
HalconRscsWt
Halliburton
HalyardHealth
HamiltonBeach
Hanesbrands
HannonArmstrong
HanoverIns
HarleyDavidson
HarmonyGold
Harris
Harsco
HarteHanks
HartfordFinl
HartfordFinSvcsWt
HavertyFurn
HavertyFurn A
HawaiianElec
HealthcareRealty
HealthcareAmer
HealthSouth
HeclaMining
Heico
Heico A
HelixEnergy
Helmerich&Payne
Herbalife
HercHoldings
HerculesCapital
HeritageInsurance
HershaHospitality
Hershey
HertzGlobal
Hess
HessMidstream
HewlettPackard
Hexcel
Hi-Crush
HighwoodsProp
HillIntl
Hill-Rom
Hillenbrand
Hilltop
HiltonGrandVac
Hilton
HoeghLNG Ptrs
HollyEnergy
HollyFrontier
HomeDepot
HondaMotor
Honeywell
HoraceMannEdu
HorizonGlobal
HormelFoods
HCA
HCI
HCP
HCHC
HDB
HF
HNI
HPQ
HRG
HSBC
HAE
HK
HK/WS
HAL
HYH
HBB/W
HBI
HASI
THG
HOG
HMY
HRS
HSC
HHS
HIG
HIG/WS
HVT
HVT/A
HE
HR
HTA
HLS
HL
HEI
HEI/A
HLX
HP
HLF
HRI
HTGC
HRTG
HT
HSY
HTZ
HES
HESM
HPE
HXL
HCLP
HIW
HIL
HRC
HI
HTH
HGV
HLT
HMLP
HEP
HFC
HD
HMC
HON
HMN
HZN
HRL
1.2
2.7
...
4.9
.7
8.9
9.7
10.6
.0
...
...
...
...
1.4
.6
7.9
1.3
1.4
1.2
1.2
1.7
.9
2.8
5.0
...
.9
...
5.3
2.2
...
...
8.5
3.6
1.9
...
1.8
10.8
2.9
3.9
1.1
1.3
...
3.1
...
4.5
1.7
...
.4
2.0
5.3
...
19
97
dd
41
17
dd
36
dd
...
dd
46
27
cc
22
24
18
12
34
36
82
35
25
21
dd
10
54
...
10
25
10
8
9
29
17
43
12
12
37
30
27
11
77
24
26
14
15
15
65
25
cc
cc
31.28
19.45
33.00
40.60
33.80
8.98
21.89
17.40
95.03
1.57
40.07
29.72
43.51
4.31
12.96
22.82
237.19
32.57
72.15
123.69
20.83
585.10
179.75
30.25
4.81
57.95
18.73
40.47
13.95
15.70
12.85
14.09
30.30
41.28
49.58
48.15
16.60
58.54
64.25
22.20
72.46
52.66
102.53
190.82
8.97
10.09
24.69
24.67
29.17
17.03
77.86
+0.55
+1.23
+0.81
+0.02
+1.45
–0.01
+0.47
+0.40
–0.79
+0.27
+1.73
+0.44
–1.79
+0.01
+0.09
+0.53
+6.16
+0.94
–0.90
+1.29
+0.43
+17.55
+3.14
–0.06
+0.32
–0.10
–0.29
–0.48
+0.28
+1.10
+0.68
–0.11
+0.06
+2.71
+1.16
+2.60
+2.15
+0.94
+1.25
+1.20
+3.12
+0.97
–5.93
–8.82
–0.01
+0.13
+1.00
–0.38
–0.03
+0.97
–0.78
1.47
.49
.12
.51
1.49
–.68
.81
–5.91
.81
–1.42
1.01
1.08
–.21
.20
.19
1.12
16.29
.95
1.33
.71
.52
29.80
9.87
.57
.02
1.42
.79
4.47
.71
.86
.86
1.65
1.61
2.14
.80
5.73
1.89
1.28
1.28
.68
6.67
.58
3.35
6.50
.70
.65
...
.34
...
.27
.28
1.70
1.10
.01
2.92
2.66
–.18
...
.99
3.95
...
...
1.27
.32
.17
.41
2.08
18.18
1.06
3.37
4.40
.28
...
10.37
.20
.16
1.44
.92
2.74
.68
1.61
1.61
1.81
1.70
2.43
2.05
3.53
.20
2.87
2.87
.85
7.07
1.09
4.40
8.36
.69
.75
1.72
.62
1.13
.58
1.03
1.89
1.51
.22
2.99
2.77
.06
...
.46
4.65
...
...
1.39
.50
.19
.49
1.99
19.89
1.15
3.68
4.61
.54
...
10.95
.34
.33
2.96
1.74
3.06
.86
1.69
1.69
1.97
1.74
2.65
2.39
3.22
1.18
3.39
3.39
1.00
7.40
1.36
4.94
9.37
.78
.82
2.34
.75
1.39
.75
1.29
.0935
.13
...
.4964
.06
.20
.1775
.4625
.01
...
...
...
...
.0309
.02
.45
.75
.115
.21
.36
.09
1.27
1.28
.375
...
.13
.32
.1783
.075
...
...
.30
.275
.20
...
.22
.45
.42
.63
.06
.24
...
1.6074
3.3116
.0337
.1669
.0012
.0939
.5868
.225
...
11
10
19
dd
...
18
30
14
25
68
cc
1
...
dd
44
...
16
45
21
14
4
29
dd
dd
31
...
18
19
15
31
cc
17
39
44
37
dd
dd
14
dd
14
19
8
35
dd
dd
...
cc
21
dd
42
dd
43
20
15
...
cc
9
28
46
24
9
22
25
dd
20
79.59
38.25
27.83
5.28
96.37
39.56
41.47
19.96
15.61
49.41
44.87
6.80
.57
46.03
45.03
33.10
24.64
24.37
96.93
48.21
1.83
131.68
20.90
1.07
55.43
49.63
26.15
26.40
33.37
32.34
29.80
46.35
5.02
89.81
76.20
7.39
52.11
67.83
49.13
12.90
13.21
18.67
109.17
22.36
46.89
21.97
14.71
57.42
9.50
52.09
4.75
74.00
38.85
26.00
38.63
69.45
18.55
33.40
35.97
163.56
29.56
141.74
39.35
17.64
32.14
+1.37
+0.31
–0.04
+0.21
–0.86
+1.05
+2.77
+0.02
+0.36
+0.30
+1.84
+0.38
+0.05
+1.78
–1.04
+2.10
+0.10
+0.22
–1.21
–0.03
–0.03
–0.12
+1.15
+0.16
+0.98
+0.66
+1.75
+1.10
–0.11
–0.08
–0.01
+2.44
–0.11
–0.66
–0.75
–0.07
+1.10
+0.26
+2.43
+0.26
+0.96
+0.20
+2.69
–1.19
+2.39
+0.05
+0.45
–0.50
–0.60
+0.41
–0.05
+0.40
+1.20
+1.10
+0.19
+1.26
+0.07
–0.59
+1.73
+3.59
–0.35
–0.01
+1.75
+0.60
+0.87
7.30
2.92
1.34
–2.83
2.68
1.99
1.88
1.43
–.99
.35
–.51
–5.51
...
–6.69
.85
...
1.40
.32
3.59
3.83
.15
4.44
–1.07
–2.13
2.27
...
1.30
1.30
2.29
.78
.33
2.59
.18
1.83
1.83
–.73
–.54
3.02
–.70
.91
1.14
2.18
3.34
–5.85
–19.92
...
1.82
2.65
–1.64
5.30
–.36
1.86
1.77
1.48
1.70
3.15
1.55
1.69
–1.48
6.45
3.16
6.20
2.02
–.66
1.64
7.19
.90
1.32
–1.00
3.22
2.29
2.44
1.65
...
3.40
1.60
.09
...
1.11
1.96
...
1.99
1.32
6.15
3.39
.14
6.01
.64
...
4.26
...
1.25
1.25
1.63
.70
.32
2.71
.07
2.10
2.10
–.15
–1.27
4.71
–1.10
1.17
.80
2.25
4.82
–1.48
–4.79
.93
1.37
2.67
.94
1.32
.09
3.82
2.07
1.56
1.95
1.84
1.51
1.41
1.53
7.31
3.10
7.09
1.34
1.09
1.56
7.86
3.89
.75
...
3.92
2.17
2.98
1.76
...
3.64
1.83
.24
...
2.18
2.11
...
2.15
1.45
7.20
3.76
.07
6.85
.76
...
4.62
...
1.37
1.37
1.77
.45
.55
2.87
.20
2.35
2.35
.16
–.65
5.40
.02
1.31
2.07
.09
5.24
.22
–3.56
1.19
1.18
2.98
2.06
1.34
.34
4.28
2.26
1.91
2.15
2.25
1.74
1.80
2.17
8.27
3.34
7.76
2.20
1.36
1.65
...
.35
.37
...
.514
1.57
.285
.1327
...
.50
...
...
...
.18
...
...
.15
.33
.50
.365
.0269
.57
...
...
.23
...
.15
.1425
.31
.30
.305
.25
.0025
.08
.08
...
.70
...
...
.31
.06
.28
.656
...
.25
.2703
.065
.125
...
.44
...
.18
.205
.06
...
.15
.43
.6325
.33
.89
...
.665
.275
...
.17
H
...
3.7
5.3
...
.5
...
2.7
2.7
...
2.0
...
...
...
1.6
...
...
2.4
5.4
2.1
3.0
2.9
1.7
...
...
1.7
...
2.3
2.2
3.7
3.7
4.1
2.2
.2
.2
.2
...
5.4
...
...
9.6
1.8
6.0
2.4
...
2.1
...
1.8
.9
...
3.4
...
1.0
2.1
.9
...
.9
9.3
7.6
3.7
2.2
...
1.9
2.8
...
2.1
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
9.07
40.01
20.21
39.68
2.98
131.39
31.85
125.93
84.15
9.35
1.04
36.75
2.75
259.76
227.03
28.67
62.08
77.07
1.51
26.69
14.69
23.19
1.52
101.20
23.70
101.15
44.90
3.67
0.07
31.53
1.55
163.50
146.52
15.38
47.96
49.84
HornbeckOffshore
DR Horton
HostHotels
HoulihanLokey
Hovnanian
HowardHughes
HuanengPower
Hubbell
HubSpot
HudbayMinerals g
HudbayMineralsWt
HudsonPacProp
HugotonRoyalty
Humana
HuntingtonIngalls
Huntsman
HyattHotels
HysterYaleMatls
HOS
DHI
HST
HLI
HOV
HHC
HNP
HUBB
HUBS
HBM
HBM/WS
HPP
HGT
HUM
HII
HUN
H
HY
...
1.0
4.3
2.0
...
...
6.9
2.4
...
.2
...
3.0
2.4
.7
1.1
1.8
...
1.6
9.85
91.98
23.13
18.94
36.84
9.85
26.53
44.95
7.25
124.54
150.29
35.30
7.30
25.95
10.43
67.50
16.71
23.12
94.39
65.02
137.62
20.52
51.78
93.65
65.60
34.85
51.65
5.87
68.88
57.80
182.79
145.89
32.07
58.95
23.43
25.71
52.15
4.43
32.58
16.65
17.34
22.69
7.28
11.88
23.56
40.64
4.95
12.83
14.89
14.12
6.42
72.93
12.03
11.99
27.46
3.20
16.13
32.46
3.14
82.05
111.50
17.58
2.91
16.55
7.74
45.32
13.42
14.59
63.87
40.24
113.07
14.50
33.00
64.55
30.75
17.85
18.10
2.38
52.27
39.82
139.13
113.16
17.25
43.55
9.00
19.57
32.21
0.93
17.04
8.00
14.15
15.04
5.60
5.76
19.80
30.75
3.52
10.45
11.47
9.10
ICICI Bank
IDACORP
IDT
ING Groep
Invesco
IONGeophysical
IRSA
ITT
IamGold
IDEX
IllinoisToolWks
Imax
IndependenceContr
IndependenceHldg
IndepRealty
IndustrsBachoco
Infosys
InfraREIT
Ingersoll-Rand
Ingevity
Ingredion
InnovativeIndProp
Inphi
Insperity
InstalledBldg
Instructure
IntegerHoldings
Intelsat
ICE
InterContinentl
IBM
IntlFlavors
IntlGameTech
IntlPaper
IntlSeaways
Interpublic
InterXion
IntrepidPotash
Intrexon
Invacare
InvescoMtg
InvestmentTech
InvRlEst
Invitae
InvitationHomes
IronMountain
IsraelChemicals
iStar
ItauCorpBanca
ItauUnibanco
IBN
IDA
IDT
ING
IVZ
IO
IRS
ITT
IAG
IEX
ITW
IMAX
ICD
IHC
IRT
IBA
INFY
HIFR
IR
NGVT
INGR
IIPR
IPHI
NSP
IBP
INST
ITGR
I
ICE
IHG
IBM
IFF
IGT
IP
INSW
IPG
INXN
IPI
XON
IVC
IVR
ITG
IRET
NVTA
INVH
IRM
ICL
STAR
ITCB
ITUB
12.30
37.75
35.93
14.40
7.70
95.88
54.65
31.70
63.42
15.19
17.28
36.25
24.89
30.50
101.40
137.08
46.17
4.91
134.76
6.19
30.96
13.98
6.35
8.35
30.01
24.95
9.55
5.20
66.08
24.34
20.32
49.16
10.96
13.55
30.24
16.03
12.72
68.88
109.32
36.74
0.85
86.62
2.00
22.41
7.36
4.83
J Alexander's
JBG SMITH Prop
JELD-WEN
J.Jill
JMP
JPMorganChase
JPMorganWt
Jabil
JacobsEngineering
JaggedPeakEner
JamesHardie
JanusHenderson
JerniganCapital
JinkoSolar
JohnBeanTech
J&J
JohnsonControls
JonesEnergy
JonesLangLaSalle
JumeiIntl
JuniperNetworks
JupaiHoldings
JustEnergy g
JAX
JBGS
JELD
JILL
JMP
JPM
JPM/WS
JBL
JEC
JAG
JHX
JHG
JCAP
JKS
JBT
JNJ
JCI
JONE
JLL
JMEI
JNPR
JP
JE
...
...
...
...
6.4
2.3
...
1.1
1.0
...
4.0
...
6.8
...
.4
2.6
2.5
...
.6
...
1.4
...
6.9
47.95
54.36
24.61
18.25
20.43
23.99
61.10
18.82
21.18
99.58
7.82
56.38
109.13
24.98
20.46
22.93
78.37
24.64
38.16
34.01
14.06
13.16
13.58
19.57
26.33
13.43
10.17
49.20
2.05
40.85
79.05
17.06
15.71
12.42
62.11
3.45
KAR Auction
KB Fin
KB Home
KBR
KKR
KKR RealEstFin
KMG Chem
KT
K12
Kadant
Kadmon
Kaman
KSCitySouthern
KapStonePaper
KayneAnderson
Keane
Kellogg
Kemet
KAR
KB
KBH
KBR
KKR
KREF
KMG
KT
LRN
KAI
KDMN
KAMN
KSU
KS
KED
FRAC
K
KEM
2.7
...
.4
1.8
3.3
7.0
.2
...
...
.9
...
1.4
1.3
1.9
9.2
...
3.5
...
dd
15
23
20
dd
84
12
22
dd
cc
...
93
15
20
19
16
31
21
4.04
39.93
18.49
39.13
1.93
117.93
24.42
116.02
84.05
7.45
.28
33.53
1.85
243.63
226.44
27.42
61.79
76.44
+0.05
+3.03
+0.16
+1.06
+0.18
+2.13
–0.77
+2.07
+9.55
...
–0.05
+1.11
+0.13
+4.54
+6.07
+0.10
+0.50
+3.47
–1.76
2.36
1.02
1.63
–.02
4.73
...
5.24
–1.29
–.15
...
.25
.05
4.07
12.14
1.36
1.52
2.61
–3.29
2.75
.78
2.05
–2.32
1.11
1.01
5.51
.09
.43
...
.27
...
11.42
11.54
2.32
1.55
3.35
–2.87
3.11
.66
2.18
–.02
1.79
2.70
6.09
.34
.74
...
.28
...
12.25
11.98
2.26
1.48
5.19
...
.10
.20
.20
...
...
1.6762
.70
...
.008
...
.25
.0038
.40
.60
.125
...
.3025
18
22
11
14
16
dd
7
19
6
33
24
cc
dd
13
dd
15
15
19
22
50
18
...
dd
25
50
dd
90
1
25
25
12
29
dd
29
dd
15
81
dd
dd
dd
4
dd
dd
dd
...
54
dd
dd
55
12
8.56
87.93
14.08
18.42
35.04
9.51
24.55
44.27
6.10
121.47
147.96
22.65
3.80
25.25
10.17
66.50
14.59
22.37
89.17
62.47
120.64
18.70
39.69
88.00
64.80
33.15
51.15
4.70
68.70
52.89
145.08
142.91
24.55
56.82
19.70
20.79
50.93
4.36
19.01
15.75
17.13
22.14
6.11
9.37
22.65
38.90
4.44
11.80
13.90
13.70
–0.19
+0.18
+0.06
+0.02
+0.84
+0.16
–0.19
–0.16
–0.21
–1.65
+0.56
–0.45
+0.08
–0.15
...
–0.79
...
+0.14
+0.25
+0.65
+0.80
+0.64
+1.29
+4.40
+4.85
+0.30
+1.25
–0.10
+1.65
+1.38
–0.05
–1.30
+1.09
+0.77
–0.22
–0.49
+0.91
+0.33
+0.26
–0.30
–0.06
+1.29
+0.30
+0.28
+0.50
–1.23
–0.12
+0.14
–0.35
–0.18
.48
3.94
1.03
1.32
2.06
–5.71
3.36
2.07
.13
3.53
5.70
.43
–.67
7.09
–.19
4.24
.94
1.14
5.70
.83
6.55
...
2.25
3.09
1.23
–1.92
.19
8.36
2.37
2.03
12.38
5.05
1.05
2.18
–.62
1.49
.63
–.88
–1.58
–1.32
1.98
–.79
.26
–3.02
–.25
.42
–.38
.55
.01
1.04
.48
4.00
...
1.56
2.55
–3.79
.08
2.46
.04
4.22
6.44
.60
–.49
...
.46
4.57
.99
1.28
4.54
2.40
7.60
–.12
1.50
4.55
2.24
–1.24
2.75
–.79
2.94
2.37
13.77
5.75
1.17
3.46
.95
1.43
.73
–.21
–.87
–1.85
1.61
.51
–.01
–2.35
–.02
1.18
1.08
3.11
.73
1.18
.62
4.14
...
1.60
2.78
–.75
.08
2.82
.08
4.57
7.07
.97
–.13
...
.29
5.49
1.07
1.37
5.15
2.89
8.22
1.06
2.05
5.17
2.74
–.78
3.33
–.32
3.37
2.60
13.87
6.28
1.47
4.32
2.03
1.60
.88
.02
–.69
–.72
1.60
1.17
.01
–1.54
.31
1.40
1.32
1.54
1.14
1.21
.077
.55
.19
.2825
.29
...
...
.128
...
.37
.78
...
...
.06
.06
.43
.2285
.25
.45
...
.60
.15
...
.30
...
...
...
...
.20
.33
1.50
.69
.20
.4625
...
.18
...
...
...
.0125
.41
.07
.07
...
.08
.55
...
...
.0027
.0048
27
...
12
...
dd
14
...
41
31
dd
25
cc
10
9
39
22
dd
dd
19
23
16
9
cc
11.60
34.21
35.52
10.89
5.62
95.51
54.06
28.55
58.27
13.66
14.06
34.84
20.55
24.95
101.10
130.01
40.29
1.92
123.50
2.90
27.83
13.03
5.81
+1.50
+1.30
+1.17
+0.33
+0.08
+0.68
+0.65
–0.89
+0.73
+0.24
+0.17
+0.88
+0.32
–1.08
+5.60
–1.38
+0.40
+0.35
+1.47
–0.15
–0.16
–0.58
+0.27
.47
.52
–2.17
.55
.13
6.19
...
.69
1.73
–.05
.62
.13
2.42
8.72
2.27
5.93
–1.30
–1.04
6.98
...
1.53
.97
2.30
.77
...
1.59
.84
.28
6.80
...
2.59
3.08
.29
.58
2.28
1.54
1.51
3.03
7.18
2.61
–.26
8.10
...
2.24
...
.82
.89
...
2.16
.97
.45
7.57
...
2.91
3.41
.61
.72
2.52
2.80
.79
3.62
7.74
2.96
–.75
8.86
...
2.35
...
.52
...
...
...
...
.03
.56
...
.08
.15
...
.28
.32
.35
...
.10
.84
.25
...
.35
...
.10
.50
.0999
29
8
19
dd
8
...
30
11
...
33
dd
30
22
28
10
...
28
4
47.74
49.03
24.12
17.88
20.33
21.04
54.88
13.87
17.84
98.55
3.35
55.78
108.68
21.49
17.33
16.68
62.37
21.13
+1.73
–1.02
+3.24
+0.04
+0.60
–0.29
+3.51
–0.46
+0.27
+3.05
–0.17
+3.21
+0.94
–0.41
+0.87
+1.16
–0.99
+1.42
1.60
4.82
1.12
–.43
.59
1.61
1.57
1.25
.01
2.88
–9.74
2.10
4.43
.88
2.18
...
1.96
.87
2.26
6.98
1.68
1.41
2.62
1.31
2.09
1.42
.48
4.03
–1.96
2.49
5.21
1.27
2.04
.13
3.97
1.57
2.50
6.55
2.02
1.36
2.50
1.76
3.12
1.53
.55
4.50
–1.83
2.87
5.88
1.63
–1.27
1.15
4.24
1.64
.32
...
.025
.08
.17
.37
.03
...
...
.21
...
.20
.36
.10
.40
...
.54
...
I
.9
2.5
...
3.1
3.3
...
...
1.2
...
1.2
2.1
...
...
.5
7.1
1.3
3.1
4.5
2.0
...
2.0
3.2
...
1.4
...
...
...
...
1.2
...
4.1
1.9
3.3
3.3
...
3.5
...
...
...
.3
9.6
1.3
4.6
...
1.4
5.7
...
...
.0
.4
J
K
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
53.05
43.09
23.00
17.41
38.00
19.53
43.15
78.33
20.89
136.21
29.63
23.36
11.90
6.50
4.91
74.50
13.73
28.32
44.45
28.40
24.67
19.90
59.67
42.09
46.55
24.89
40.10
8.21
40.75
36.44
23.12
63.43
35.30
26.79
17.95
8.81
11.78
12.00
30.93
65.77
15.06
111.30
17.02
18.23
5.50
5.35
2.88
55.11
4.74
17.60
26.68
16.57
18.90
13.61
35.16
28.19
31.28
16.53
19.94
4.39
24.95
19.89
7.27
47.08
Kemper
Kennametal
KennedyWilson
KenonHoldings
KeyEnergySvcs
KeyCorp
KeysightTechs
KilroyRealty
KimbellRoyalty
KimberlyClark
KimcoRealty
KinderMorgan
Kindred
KingswayFin
KinrossGold
Kirby
KirklandLakeGold g
KiteRealty
Knight-Swift
Knoll
KnotOffshore
Knowles
Kohl's
KoninklijkePhil
Koppers
KoreaElcPwr
KornFerry
KosmosEnergy
Kraton
Kroger
KronosWorldwide
Kyocera
KMPR
KMT
KW
KEN
KEG
KEY
KEYS
KRC
KRP
KMB
KIM
KMI
KND
KFS
KGC
KEX
KL
KRG
KNX
KNL
KNOP
KN
KSS
PHG
KOP
KEP
KFY
KOS
KRA
KR
KRO
KYO
15.06
75.50
117.15
17.05
48.94
11.71
37.40
52.85
191.25
17.74
34.10
164.22
15.53
49.94
68.50
28.21
16.47
66.22
31.87
48.86
9.35
174.66
3.76
42.08
54.97
59.65
5.47
6.79
55.75
47.45
192.58
27.34
64.61
11.42
43.70
91.08
3.20
86.72
75.78
71.00
95.04
33.49
31.88
120.48
43.86
3.87
311.36
49.58
29.44
86.25
4.50
41.33
13.49
67.85
64.85
100.69
8.06
35.00
80.65
11.26
30.90
4.52
15.05
43.17
132.38
9.73
22.09
119.51
12.14
28.75
41.00
14.90
9.57
51.35
23.05
33.48
5.30
110.77
1.75
28.10
43.17
40.96
1.28
4.64
39.68
32.09
140.97
17.87
44.01
9.00
36.22
69.00
2.10
64.18
45.94
39.00
69.11
24.27
22.50
75.85
26.41
2.56
228.50
40.61
17.08
64.87
2.45
14.02
9.28
40.15
44.14
76.71
LATAMAirlines
L Brands
LCI Inds
LG Display
LINE
LSB Inds
LSC Comm
LTC Properties
L3 Tech
LaQuinta
La-Z-Boy
LabCpAm
LadderCapital
LambWeston
Landauer
Lannett
LaredoPetrol
LasVegasSands
LaSalleHotel
Lazard
Leaf
Lear
LeeEnterprises
LeggMason
Leggett&Platt
Leidos
LejuHoldings
LendingClub
Lennar A
Lennar B
LennoxIntl
LeucadiaNatl
Level3Comm
LexingtonRealty
LibertyProperty
LifeStorage
LightInTheBox
EliLilly
LincolnNational
LincolnNatlWt
Lindsay
LionsGate A
LionsGate B
LithiaMotors
LiveNationEnt
LloydsBanking
LockheedMartin
Loews
LouisianaPacific
Lowe's
Luby's
LumberLiqu
Luxfer
Luxoft
Lydall
LyondellBasell
LTM
LB
LCII
LPL
LN
LXU
LKSD
LTC
LLL
LQ
LZB
LH
LADR
LW
LDR
LCI
LPI
LVS
LHO
LAZ
LFGR
LEA
LEE
LM
LEG
LDOS
LEJU
LC
LEN
LEN/B
LII
LUK
LVLT
LXP
LPT
LSI
LITB
LLY
LNC
LNC/WS
LNN
LGF/A
LGF/B
LAD
LYV
LYG
LMT
L
LPX
LOW
LUB
LL
LXFR
LXFT
LDL
LYB
173.72
99.00
11.65
36.92
29.92
8.90
11.35
12.65
31.83
34.65
29.42
39.43
22.52
84.86
118.59
105.70
25.30
10.47
7.35
81.49
29.70
85.45
45.41
226.95
112.25
39.56
7.15
21.25
24.49
7.03
7.15
7.84
23.63
25.15
20.40
30.09
13.68
55.00
76.52
65.42
18.20
8.20
4.80
52.12
22.70
71.23
19.32
160.96
M&T Bank
M&TBankWt
MBIA
MDC Holdings
MDU Rscs
MFA Financial
MFC Bancorp
MGIC Investment
MGMGrowthProp
MGM Resorts
MI Homes
MPLX
MRC Global
MSA Safety
MSCI
MSC Industrial
MSG Networks
MVC Capital
MV Oil
Macerich
Mack-Cali
MacquarieInfr
Macy's
MadisonSquGarden
MTB
MTB/WS
MBI
MDC
MDU
MFA
MFCB
MTG
MGP
MGM
MHO
MPLX
MRC
MSA
MSCI
MSM
MSGN
MVC
MVO
MAC
CLI
MIC
M
MSG
1.8
2.0
3.7
...
...
2.0
...
2.4
7.6
3.3
5.5
2.6
7.1
...
...
...
.3
6.0
...
3.0
8.9
...
4.8
2.2
...
...
1.0
...
...
2.5
2.6
...
53
67
cc
dd
3
19
31
51
...
20
cc
62
dd
dd
82
30
36
dd
43
14
10
cc
12
24
23
6
21
dd
29
12
9
21
53.00
40.34
18.55
15.88
13.17
18.82
41.66
71.12
15.78
117.68
19.55
19.18
6.80
6.10
4.24
65.95
12.92
20.25
41.55
20.00
23.50
15.27
45.65
41.20
46.15
16.76
39.43
7.96
40.44
20.06
22.83
62.17
+1.90
+1.02
–0.15
–0.84
+0.28
+0.50
+1.16
+1.37
–0.04
+0.16
+0.37
–0.09
+0.55
+0.20
–0.01
+1.95
–0.24
+0.65
+0.53
+1.23
+0.10
–0.04
–0.42
–0.54
+3.05
–0.61
+1.00
+0.10
+4.59
–0.09
+0.38
–0.85
.33
.61
.01
–7.67
–7.06
.80
1.95
2.97
–10.28
5.99
.79
.25
–7.65
.02
–.08
2.62
.35
.01
1.16
1.68
2.29
–.47
3.11
1.74
1.39
4.74
1.47
–.74
3.43
2.05
.37
2.61
1.40
2.21
–.28
...
–5.92
1.39
2.46
1.14
.17
6.21
.61
.64
.33
...
.10
1.96
...
...
1.23
1.38
2.16
.95
3.76
1.93
3.24
2.79
2.45
–.30
2.31
1.96
1.42
2.86
2.63
2.60
–.71
...
–2.67
1.55
2.66
1.36
.41
6.61
.54
.71
.67
...
.11
2.65
...
...
1.79
1.63
2.36
1.15
3.74
2.07
3.41
3.27
2.73
–.27
3.36
1.97
1.75
3.00
.24
.20
.17
...
...
.095
...
.425
.30
.97
.27
.125
.12
...
...
...
.0083
.3025
...
.15
.52
...
.55
.8976
...
...
.10
...
...
.125
.15
...
dd
12
21
5
65
dd
11
21
21
50
16
21
10
21
35
dd
26
25
29
13
dd
11
5
16
19
26
dd
dd
15
13
26
15
30
74
18
71
dd
37
11
...
40
51
37
14
dd
27
24
14
15
23
dd
dd
23
30
23
11
13.25
41.61
115.85
13.42
36.20
7.94
16.51
46.98
188.43
17.50
26.90
150.97
13.78
46.89
67.30
18.45
12.93
64.16
29.02
45.22
6.90
173.08
2.20
39.31
47.73
59.22
1.69
6.09
52.80
45.08
178.97
25.25
53.29
10.22
41.06
81.81
2.42
85.54
73.48
71.00
91.90
33.45
31.79
120.31
43.55
3.66
310.29
47.86
27.08
79.94
2.65
38.98
12.45
47.80
57.30
99.05
–1.03
+1.96
+8.10
–0.32
+0.93
+0.28
–0.15
+0.59
–0.85
+0.22
+0.80
–4.10
+0.17
+1.51
–0.10
+1.05
–0.09
+0.59
+0.22
+2.02
...
+2.74
+0.10
+1.32
+0.97
+0.39
–0.06
+0.03
+2.52
+2.46
+6.00
+0.71
+0.52
+0.13
–0.74
+1.11
+0.10
+1.63
+0.60
+2.30
+1.40
+1.96
+1.39
+3.87
+0.05
+0.02
+1.75
+0.25
–1.36
+1.71
+0.02
+2.03
–0.17
–0.20
+2.30
+2.18
.13
3.98
5.20
1.09
.32
2.54
3.23
2.21
9.01
–.01
1.73
7.02
1.06
2.22
1.85
–.02
–1.16
2.10
2.07
3.11
–.10
13.33
.64
2.18
2.76
2.35
–.07
–.38
3.93
3.93
6.32
.34
1.87
.37
2.43
1.96
–.14
2.58
5.03
...
1.85
.09
.09
7.72
–.23
.16
17.49
1.93
1.03
3.47
–.35
–2.51
.82
1.84
2.16
9.13
.31
3.12
5.78
2.67
.60
–2.63
2.15
2.14
8.88
.40
1.73
9.53
1.46
2.30
1.92
2.57
.51
2.75
1.68
3.52
–.93
16.54
...
2.69
2.42
3.55
–.72
.04
3.87
3.88
7.94
1.27
1.44
.33
1.27
1.92
...
4.16
7.47
...
2.23
1.02
1.02
8.57
.22
.39
12.64
2.83
2.10
4.49
...
–.69
1.02
2.86
2.92
9.98
.55
3.25
6.61
1.73
.71
–.22
2.19
2.13
9.56
.41
1.88
10.45
1.53
2.53
1.95
2.75
.65
2.84
.86
3.67
–.76
17.45
...
3.20
2.73
3.70
–.18
.22
4.82
4.82
9.01
1.52
1.77
.27
1.30
2.10
...
4.59
7.68
...
3.06
.99
.99
9.35
.51
.38
14.18
3.11
1.87
5.16
...
.64
1.18
3.63
3.41
9.33
.0343
.60
.50
...
...
...
.25
.19
.75
...
.11
...
.30
.1875
.275
...
...
.73
.45
.41
...
.50
...
.28
.36
.32
...
...
.04
.04
.51
.10
...
.175
.40
1.00
...
.52
.29
...
.30
...
...
.27
...
.0525
2.00
.0625
...
.41
...
...
.125
...
...
.90
19
...
dd
14
23
11
dd
13
39
19
13
42
dd
40
38
19
10
25
9
62
dd
34
10
dd
161.04
85.54
8.70
33.21
25.95
8.76
9.39
12.53
30.21
32.59
26.73
35.01
17.49
79.51
116.90
75.57
21.20
10.01
5.75
54.97
23.71
72.18
21.82
214.10
+7.22
+6.86
–1.38
+1.09
–0.04
–0.09
+0.19
+0.51
–0.56
+0.21
+1.43
+0.82
+0.30
+2.54
–0.52
+1.77
+0.40
...
+0.25
+2.25
+0.52
–1.56
+0.29
+0.50
7.78
...
–2.54
2.00
.33
.80
–1.51
.86
.52
1.92
1.84
...
–1.10
2.42
2.70
3.77
2.21
.12
.40
3.52
1.30
1.85
1.99
–3.05
9.27
...
–.78
2.44
1.21
.75
...
1.13
.78
1.25
2.97
.97
.16
3.19
3.77
3.97
2.19
1.44
...
1.01
–.02
2.15
3.26
.78
10.01
...
.40
2.73
1.32
.76
...
1.14
.96
1.60
3.40
1.68
.64
3.71
4.43
4.38
2.29
.56
...
.85
.03
2.66
2.67
1.39
.75
...
...
.25
.1925
.20
...
...
.395
.11
...
.5625
...
.35
.38
.45
...
.135
.225
.71
.20
1.38
.3775
...
L
.5
5.8
1.7
...
...
...
6.1
4.9
1.6
...
1.6
...
8.7
1.6
1.6
...
...
4.6
6.2
3.6
...
1.2
...
2.8
3.0
2.2
...
...
.3
.4
1.1
1.6
...
6.8
3.9
4.9
...
2.4
1.6
...
1.3
...
...
.9
...
2.9
2.6
.5
...
2.1
...
...
4.0
...
...
3.6
M
1.9
...
...
3.0
3.0
9.1
...
...
5.2
1.4
...
6.4
...
1.8
1.3
2.4
...
5.4
15.7
5.2
3.4
7.6
6.9
...
October 2, 2017
BARRON’S
M19
New York Stock Exchange Composite List
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
81.77
53.74
12.75
40.86
71.72
18.30
9.14
8.15
120.90
20.84
19.28
56.81
30.31
34.90
2.74
17.12
23.65
1086.68
128.25
84.32
244.32
39.37
85.30
49.50
143.59
28.51
43.43
42.00
27.80
65.37
32.47
106.50
106.58
8.33
161.72
4.43
169.29
6.83
13.06
15.34
60.18
8.06
10.65
72.13
89.72
66.80
64.52
66.25
44.90
26.91
16.70
24.00
46.40
52.24
636.54
52.67
33.19
110.95
16.60
25.00
19.57
28.85
83.85
26.46
7.01
10.04
3.87
11.59
15.05
19.40
44.85
259.91
72.79
109.99
112.19
16.56
120.38
139.94
85.30
48.90
34.36
93.75
31.95
43.96
14.20
29.00
35.19
79.98
21.30
15.74
63.92
36.77
5.20
32.12
33.61
14.10
3.65
3.00
70.58
13.97
10.55
39.52
22.93
23.85
1.00
8.76
13.80
811.05
59.33
62.33
167.06
29.38
50.40
27.10
99.51
20.13
28.50
21.63
6.36
43.69
18.26
88.64
89.14
4.78
110.33
1.94
114.53
2.64
10.28
11.54
36.70
5.75
5.60
40.78
69.35
58.29
50.32
43.85
29.70
9.84
8.25
8.05
29.85
39.02
395.61
32.38
27.86
85.04
9.95
10.87
12.43
21.55
62.55
17.00
4.83
5.59
3.17
7.09
6.98
9.25
23.60
175.52
42.56
83.84
80.92
12.89
97.35
93.51
55.35
30.96
19.23
71.24
20.50
27.72
10.45
19.40
22.21
57.13
11.35
9.92
MagellanMid
MagnaIntl
MagnaChipSem
MainStreetCap
Mallinckrodt
ManchesterUnited
Manitowoc
Manning&Napier
Manpower
ManulifeFin g
MarathonOil
MarathonPetrol
Marcus&Millichap
Marcus
MarinSoftware
MarineProducts
MarineMax
Markel
MarriottVacations
Marsh&McLennan
MartinMarietta
Masco
MasoniteIntl
MasTec
Mastercard
MatadorResources
Materion
Matson
MauiLand
Maximus
MaxLinear
McCormick
McCormickVtg
McDermottIntl
McDonalds
McEwenMining
McKesson
Mechel
MedEquitiesRlty
MedicalProp
Medifast
MedleyCapital
MedleyMgmt
Mednax
Medtronic
Merck
MercuryGeneral
Meredith
MeritageHomes
Meritor
MesaRoyalty
MesabiTrust
MethodeElec
MetLife
MettlerToledo
MichaelKors
MicroFocus
MidAmApt
MidSouthBncp
MidstatesPetrol
Milacron
MillerIndustries
MineralsTechs
MistrasGroup
MitsubishiUFJ
MiXTelematics
MizuhoFin
MobileTeleSys
ModelN
ModineMfg
Moelis
MohawkIndustries
MolinaHealthcare
MolsonCoors A
MolsonCoors B
MonmouthRealEst
Monsanto
Moody's
Moog A
MorganStanley
Mosaic
MotorolaSolutions
Movado
MuellerIndustries
MuellerWater
MuleSoft
MurphyOil
MurphyUSA
MyersIndustries
MyovantSciences
MMP
MGA
MX
MAIN
MNK
MANU
MTW
MN
MAN
MFC
MRO
MPC
MMI
MCS
MRIN
MPX
HZO
MKL
VAC
MMC
MLM
MAS
DOOR
MTZ
MA
MTDR
MTRN
MATX
MLP
MMS
MXL
MKC
MKC/V
MDR
MCD
MUX
MCK
MTL
MRT
MPW
MED
MCC
MDLY
MD
MDT
MRK
MCY
MDP
MTH
MTOR
MTR
MSB
MEI
MET
MTD
KORS
MFGP
MAA
MSL
MPO
MCRN
MLR
MTX
MG
MTU
MIXT
MFG
MBT
MODN
MOD
MC
MHK
MOH
TAP/A
TAP
MNR
MON
MCO
MOG/A
MS
MOS
MSI
MOV
MLI
MWA
MULE
MUR
MUSA
MYE
MYOV
5.0
2.1
...
5.7
...
2.0
...
8.1
1.6
3.2
1.5
2.9
...
1.8
...
1.7
...
...
1.1
1.8
.9
1.1
...
...
.6
...
.9
2.8
...
.3
...
1.8
1.8
...
2.6
...
.9
...
7.1
7.3
2.2
10.7
13.0
...
2.4
2.9
4.4
3.7
...
...
9.7
2.8
.9
2.7
...
...
...
3.3
.3
...
...
2.6
.3
...
...
1.9
...
6.8
...
...
3.4
...
...
2.0
2.0
4.0
1.8
1.1
...
2.1
2.8
2.2
1.9
1.1
1.3
...
3.8
...
2.6
...
99.55
18.60
49.90
25.80
10.90
23.53
4.40
26.25
19.54
20.00
25.43
2891.43
18.40
11.23
36.04
61.25
78.46
81.21
43.63
114.70
51.84
26.15
19.83
34.50
13.79
45.60
62.15
13.05
29.83
8.57
3.10
11.31
3.06
9.84
13.40
13.98
21.96
1478.04
6.18
6.79
22.69
50.61
60.08
66.31
29.90
83.53
36.45
18.91
14.05
20.65
5.41
22.81
NACCO Inds
NCI BuildingSys
NCR
NGL Energy
NL Industries
NOW
NQ Mobile
NRG Energy
NRG Yield A
NRG Yield C
NTTDoCoMo
NVR
NaborsIndustries
NamTaiProperty
NatlBankHoldings
NationalFuelGas
NationalGrid
NatlHealthInv
NatlOilwell
NatlPrestoInds
NatlRetailProp
NatlStorage
NationstarMtg
NaturalGasSvcs
NaturalGrocers
NaturalResPtrs
NC
NCS
NCR
NGL
NL
DNOW
NQ
NRG
NYLD/A
NYLD
DCM
NVR
NBR
NTP
NBHC
NFG
NGG
NHI
NOV
NPK
NNN
NSA
NSM
NGS
NGVC
NRP
1.3
...
...
13.5
...
...
...
.5
5.9
5.8
...
...
3.0
2.6
1.0
2.9
6.0
4.9
.6
.9
4.6
4.3
...
...
...
7.3
19
10
47
13
10
60
dd
8
18
15
dd
33
18
18
dd
30
16
37
22
23
30
24
22
16
35
14
35
16
12
21
44
28
28
...
26
dd
7
10
34
16
30
dd
33
14
26
35
39
13
12
4
12
13
17
cc
39
15
...
48
dd
0
dd
16
16
40
9
26
8
12
dd
43
22
19
dd
8
8
54
26
57
22
14
52
22
24
20
33
...
dd
18
cc
dd
71.06
53.38
11.35
39.75
37.37
18.00
9.00
3.95
117.82
20.29
13.56
56.08
26.99
27.70
1.75
16.05
16.55
1067.98
124.53
83.81
206.23
39.01
69.20
46.40
141.20
27.15
43.15
28.18
13.95
64.50
23.75
102.64
102.64
7.27
156.68
1.95
153.61
5.17
11.75
13.13
59.37
5.97
6.15
43.12
77.77
64.03
56.69
55.50
44.40
26.01
15.45
23.00
42.35
51.95
626.16
47.85
31.90
106.88
12.05
15.54
16.86
27.95
70.65
20.50
6.44
9.92
3.55
10.44
14.95
19.25
43.05
247.51
68.76
83.84
81.64
16.19
119.82
139.21
83.43
48.17
21.59
84.87
28.00
34.95
12.80
20.14
26.56
69.00
20.95
15.47
+0.79
+0.37
+0.10
–0.17
+2.54
+0.70
+0.43
+0.20
+1.96
+0.26
+0.77
+1.35
+1.83
+0.35
–0.25
+0.06
+0.35
+11.83
+4.81
+1.09
+7.54
+0.92
+2.85
+0.50
–0.69
+1.68
+4.80
+1.83
+0.70
+0.13
+0.80
+6.58
+5.03
+0.26
–2.23
–0.11
–0.40
+0.01
+0.29
+0.19
+3.02
+0.12
+0.05
+0.98
–1.93
–1.10
–0.04
+2.05
+3.95
–0.39
+1.20
–0.45
+1.25
+1.41
–6.70
+1.69
–0.95
–0.28
+0.35
–0.31
+0.52
+1.20
+0.10
–0.40
–0.04
+0.28
–0.02
+0.30
+0.45
+1.05
+1.00
+1.84
+3.44
–2.66
–1.17
–0.01
+0.05
+1.18
–0.20
–0.05
+0.73
+0.58
+1.10
+2.19
+0.16
–0.12
+0.37
+1.00
+0.95
+3.21
3.52
5.19
–.85
2.67
5.77
.30
–2.73
.62
6.27
1.07
–2.61
2.21
1.66
1.36
–.43
.44
.91
31.27
4.83
3.38
6.63
1.47
3.25
1.61
3.69
–1.07
1.27
1.85
1.15
2.69
.91
3.69
3.69
...
5.44
.07
22.73
.52
–.18
.86
1.49
–.50
.02
3.49
2.89
1.41
1.32
4.16
3.55
6.23
.65
.73
2.48
.63
14.22
3.33
...
2.69
.58
52.66
.43
1.75
3.79
.82
.63
.34
.44
.74
–1.21
.29
1.58
12.48
.92
9.26
9.26
.31
2.99
1.36
3.47
2.92
.85
3.24
1.51
1.74
.39
–2.73
–1.60
5.59
.03
–1.70
3.89
5.89
.73
2.31
7.43
.06
–.13
.46
6.93
1.79
–.51
2.95
1.43
1.55
...
.64
.94
28.30
5.45
3.80
7.62
1.97
3.36
2.74
4.43
.49
1.52
1.68
...
3.16
1.39
4.10
4.11
...
6.54
.13
12.09
2.45
.63
.88
2.12
.68
.45
3.31
4.78
3.87
1.90
3.38
3.75
1.70
...
...
2.52
4.53
17.32
3.71
...
1.75
–.16
2.37
1.61
...
4.59
.46
.67
.40
.39
1.02
–.62
1.38
2.22
13.51
–2.20
4.31
4.31
.33
4.88
5.61
3.78
3.50
.77
5.28
1.63
...
.44
–.39
–.35
3.70
.51
–1.51
4.11
6.53
.84
2.36
8.09
.22
.10
.35
7.53
1.95
–.30
3.41
1.63
1.69
...
.81
1.18
28.76
6.09
4.20
10.01
2.24
3.97
2.98
5.23
.73
1.85
1.86
...
3.27
1.75
4.56
4.56
...
6.97
.13
12.92
1.08
.73
1.05
2.49
.68
.60
3.56
5.20
4.20
2.57
3.90
4.33
2.32
...
...
2.81
4.76
19.58
3.81
...
2.23
.65
2.40
1.74
...
5.04
.77
.68
.47
.39
1.12
–.18
1.56
2.26
14.81
2.97
4.83
4.82
.45
5.50
6.13
4.11
4.01
1.02
5.74
1.79
...
.55
–.38
.07
4.58
.63
–1.21
.89
.275
...
.19
...
.09
...
.08
.93
.162
.05
.40
...
.125
...
.07
...
...
.35
.375
.44
.105
...
...
.22
...
.10
.20
...
.045
...
.47
.47
...
1.01
.005
.34
...
.21
.24
.32
.16
.20
...
.46
.47
.6225
.52
...
...
.1247
.16
.09
.3565
...
...
...
.87
.01
...
...
.18
.05
...
...
.0478
...
.3575
...
...
.37
...
...
.41
.41
.16
.54
.38
...
.25
.15
.47
.13
.10
.04
...
.25
...
.135
...
17
20
24
dd
7
dd
dd
dd
57
58
14
23
dd
dd
28
18
14
20
dd
16
36
cc
8
cc
17
9
85.80
15.60
37.52
11.55
9.15
13.81
3.50
25.59
18.97
19.30
22.79
2855.00
8.07
10.85
35.69
56.61
62.71
77.29
35.73
106.45
41.66
24.24
18.57
28.40
5.58
24.75
+2.00
+0.55
+0.99
+0.70
+0.45
+0.82
...
+1.65
–0.14
–0.10
–0.11
+17.45
+0.21
+0.45
+1.83
...
–1.71
+0.47
+0.19
+3.80
–0.45
+0.18
+0.74
+2.55
+0.06
–0.30
4.32
.70
1.71
.95
.31
–2.18
...
–2.22
.58
.58
1.62
103.61
–3.64
–.26
.79
–3.43
14.73
3.87
–6.41
6.39
1.38
.31
.19
.50
.51
7.78
...
.79
3.37
–.16
...
–.25
...
.99
.87
.87
1.66
138.75
–1.47
...
1.15
3.31
3.92
3.85
–.41
...
1.38
–.06
1.49
.20
.30
4.68
...
1.04
3.64
.15
...
.33
...
1.58
1.00
1.00
1.74
157.75
–.59
...
1.74
2.98
4.17
3.69
.45
...
1.52
–.22
1.79
.54
.26
5.79
.2725
...
...
.39
...
...
...
.03
.28
.28
...
...
.06
.07
.09
.415
1.8924
.95
.05
4.50
.475
.26
...
...
...
.45
N
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
3.30
23.16
27.86
14.75
2.11
2.40
12.70
2.94
44.68
90.23
26.45
55.01
17.39
26.96
105.06
12.55
44.30
17.19
15.00
94.30
51.31
17.86
11.71
2.60
17.68
10.15
20.15
55.08
50.00
483.86
39.87
10.20
26.10
151.60
68.91
56.72
43.68
54.99
60.53
27.29
33.05
8.37
42.03
56.33
6.65
15.49
6.80
41.88
3.90
10.06
62.82
133.81
39.85
5.70
8.31
287.81
13.10
68.60
63.86
86.90
49.45
66.04
68.00
55.64
31.50
1.50
14.28
14.62
6.65
1.08
0.95
6.55
1.15
21.94
72.35
8.50
37.86
5.26
10.52
65.82
9.45
30.46
11.87
13.05
37.16
27.85
13.30
8.82
1.28
11.67
7.25
10.60
40.88
24.41
386.90
30.19
5.80
16.67
110.49
54.44
46.80
23.90
36.96
49.01
21.17
21.33
3.14
22.99
26.92
4.04
9.00
4.29
21.40
0.80
4.41
39.53
89.95
19.80
2.46
5.94
210.60
9.39
53.50
53.85
66.93
30.89
46.35
45.30
37.30
20.04
Natuzzi
Nautilus
NavigantConsult
NavigatorHldgs
NaviosMaritime
NaviosMaritime
NaviosMaritimeMid
NaviosMaritime
NavistarIntl
NeenahPaper
Neff
Nelnet
NeoPhotonics
Netshoes
Nevro
NewHome
NewJerseyRscs
NewMediaInvt
NewMountainFin
NewOrientalEduc
NewRelic
NewResidInvt
NewSeniorInvt
NewYork
NY CmntyBcp
NewYorkREIT
NYTimes A
NewellBrands
NewfieldExpln
NewMarket
NewmontMining
NewparkResources
NexPointResidentl
NextEraEnergy
NextEraEnergyUn
NextEraEnergyUn
NextEraEnergy
NielsenHoldings
Nike
NiSource
NoahHoldings
Noble
NobleEnergy
NobleMidstream
Nokia
NomadFoods
NomuraHoldings
Norbord g
NordicAmerOffshr
NordicAmerTankers
Nordstrom
NorfolkSouthern
NortelInversora
NAmerEnergyPtr g
NoEuroOil
NorthropGrumman
NorthstarRltyEur
NorthwestNatGas
Northwestern
Novartis
NovoNordisk
NuSkinEnts
Nucor
NuSTAREnergy
NuSTAR GP
NTZ
NLS
NCI
NVGS
NNA
NM
NAP
NMM
NAV
NP
NEFF
NNI
NPTN
NETS
NVRO
NWHM
NJR
NEWM
NMFC
EDU
NEWR
NRZ
SNR
NWY
NYCB
NYRT
NYT
NWL
NFX
NEU
NEM
NR
NXRT
NEE
NEE/PQ
NEE/PR
NEP
NLSN
NKE
NI
NOAH
NE
NBL
NBLX
NOK
NOMD
NMR
OSB
NAO
NAT
JWN
NSC
NTL
NOA
NRT
NOC
NRE
NWN
NWE
NVS
NVO
NUS
NUE
NS
NSH
...
...
...
...
16.4
...
22.7
...
...
1.7
...
1.1
...
...
...
...
2.6
9.5
9.5
...
...
12.0
11.4
...
5.3
5.9
.8
2.2
...
1.6
.8
...
3.7
2.7
4.8
5.5
3.8
3.3
1.4
2.7
...
...
1.4
3.4
3.2
...
...
4.2
5.7
7.5
3.1
1.8
...
1.5
11.5
1.4
4.7
2.9
3.7
3.2
1.0
2.3
2.7
10.8
9.9
10.35
14.48
37.41
16.01
76.06
59.47
48.50
17.07
17.08
1.33
75.60
32.12
4.62
6.15
9.19
41.75
50.19
21.19
34.85
36.21
26.99
89.66
11.15
55.53
5.88
25.89
31.84
12.30
19.65
53.14
17.63
133.39
12.60
24.55
11.11
84.07
63.56
83.49
14.39
27.89
5.66
37.02
78.31
25.25
76.19
4.95
8.40
29.57
12.10
55.98
45.41
36.95
16.50
6.69
0.82
57.20
20.74
2.15
2.12
3.11
20.90
31.35
16.51
19.62
28.11
14.50
71.63
7.05
32.05
3.29
21.96
16.03
7.30
13.65
37.62
13.98
71.52
9.18
17.15
5.17
68.43
45.30
52.00
8.88
20.82
1.96
26.91
46.45
16.80
49.50
OCI Partners
OFGBancorp
OGE Energy
OM AssetMgmt
ONE Gas
ONEOK
OaktreeCapital
OasisMidstream
OasisPetrol
ObsidianEnergy g
OccidentalPetrol
OceaneeringIntl
Och-Ziff
OcwenFinancial
Oi
OilStatesIntl
OilDriAmerica
OldRepublic
Olin
OmegaHealthcare
OmegaProtein
Omnicom
OmnovaSol
OnAssignment
OnDeckCapital
OneLiberty
OneMain
Ooma
Oppenheimer A
Oracle
Orange
OrbitalATK
OrchidIslandCap
OrionEngCarbons
OrionGroup
Orix
OrmatTech
Oshkosh
OsiskoGoldRoyal g
OutfrontMedia
OverseasShip
Owens&Minor
OwensCorning
Owens-Illinois
OxfordIndustries
OCIP
OFG
OGE
OMAM
OGS
OKE
OAK
OMP
OAS
OBE
OXY
OII
OZM
OCN
OIBR/C
OIS
ODC
ORI
OLN
OHI
OME
OMC
OMN
ASGN
ONDK
OLP
OMF
OOMA
OPY
ORCL
ORAN
OA
ORC
OEC
ORN
IX
ORA
OSK
OR
OUT
OSG
OMI
OC
OI
OXM
6.0
2.6
3.7
2.4
2.3
5.4
11.1
...
...
...
4.8
2.3
2.5
...
...
...
1.9
3.9
2.3
8.0
1.2
3.0
...
...
...
7.1
...
...
2.5
1.6
5.5
1.0
16.5
3.6
...
...
.5
1.0
1.2
5.7
...
3.5
1.0
...
1.7
dd
18
16
32
dd
dd
37
...
dd
19
18
8
dd
...
dd
11
19
dd
9
52
dd
6
dd
dd
14
dd
47
17
19
21
cc
dd
47
17
...
...
22
30
22
30
19
dd
dd
20
dd
36
9
9
dd
dd
22
21
11
cc
11
22
dd
29
16
31
21
21
16
56
10
2.05
16.90
16.92
11.10
1.22
1.67
7.45
2.05
44.07
85.55
25.00
50.50
5.56
13.15
90.88
11.16
42.15
14.79
14.25
88.26
49.80
16.73
9.15
2.08
12.89
7.85
19.60
42.67
29.67
425.75
37.51
10.00
23.73
146.55
66.31
55.28
40.29
41.45
51.85
25.59
32.11
4.60
28.36
51.87
5.98
14.57
5.57
38.12
1.41
5.34
47.15
132.24
39.00
4.35
6.95
287.72
12.81
64.40
56.94
85.85
48.15
61.48
56.04
40.59
22.00
–0.52
...
+0.49
+0.20
–0.03
–0.05
–0.06
–0.08
+2.74
+3.05
+0.05
+1.05
–0.34
–0.88
+3.18
+0.45
+0.50
+0.58
+0.30
+2.68
+1.79
–0.16
+0.03
+0.18
+0.33
+0.14
+0.15
+1.28
+0.85
–0.83
–0.38
+0.40
+0.37
+0.19
+0.16
+1.08
–1.26
+0.56
–1.39
–0.10
+2.08
+0.47
+1.34
+1.51
–0.02
–0.37
–0.04
–1.55
–0.06
+0.13
+0.27
+1.25
+1.50
+0.10
+0.42
+6.17
+0.14
–0.70
–0.81
–0.31
–1.07
+0.02
+1.51
+0.57
+0.45
–.12
1.09
1.19
.81
.40
–2.54
1.19
...
–1.19
4.24
1.11
6.02
...
–6.06
–1.12
1.01
1.52
.70
1.60
1.74
–1.18
2.12
–.88
–.27
1.01
–.50
.18
1.25
–6.36
20.54
–1.18
–.49
1.03
6.25
...
...
1.88
1.39
2.51
1.02
1.72
–3.82
–2.32
.89
–.14
.22
.62
2.84
–1.54
–.05
2.02
5.62
2.45
–.01
.67
12.19
–1.07
2.12
3.39
2.81
2.22
2.55
2.48
1.27
1.28
...
1.12
1.17
.25
–.04
–.90
.95
...
–.51
4.26
1.70
4.17
–.61
–2.19
–1.16
.91
1.74
–.03
1.40
2.24
–.25
2.53
–.64
...
.90
...
.71
3.00
1.89
20.23
1.29
.09
–.01
6.73
...
...
1.66
2.63
2.34
1.19
2.02
–1.20
–.15
3.66
.31
1.11
.60
4.00
–.54
–.39
2.98
6.32
...
.11
...
12.46
...
2.18
3.39
4.75
2.45
3.23
3.91
1.05
2.07
...
1.30
1.30
.50
.04
–.66
1.23
...
1.92
4.85
1.90
4.40
.05
–1.07
–.09
1.23
1.87
.62
1.37
2.97
.21
2.15
–.57
...
.84
...
.77
3.36
2.15
22.59
1.24
.40
–.43
7.24
...
...
1.94
2.84
2.68
1.26
2.38
–1.38
.03
4.87
.38
1.29
.61
3.78
–.39
.08
3.03
7.02
...
.33
...
13.40
...
2.29
3.46
5.20
2.62
3.53
4.35
1.74
1.49
...
...
...
...
.05
...
.4225
...
...
.37
...
.14
...
...
...
...
.2725
.35
.34
.45
...
.50
.26
...
.17
.0383
.04
.23
...
1.75
.075
...
.22
.9825
.7964
.7654
.38
.34
.18
.175
...
...
.10
.4457
.1899
...
...
.3996
.02
.10
.37
.61
.5969
.0158
.20
1.00
.15
.47
.525
2.7178
.4738
.36
.3775
1.095
.545
dd
8
19
20
26
35
10
...
dd
dd
cc
dd
24
dd
...
dd
24
12
cc
18
12
15
dd
26
dd
21
30
dd
dd
21
88
28
dd
26
dd
8
28
25
44
33
dd
19
22
18
22
8.00
9.15
36.03
14.92
73.64
55.41
47.05
16.96
9.12
1.05
64.21
26.27
3.22
3.44
7.79
25.35
48.93
19.69
34.25
31.91
16.65
74.07
10.95
53.68
4.67
24.36
28.19
10.55
17.35
48.35
16.42
133.16
10.19
22.45
6.56
80.94
61.05
82.54
12.91
25.18
2.63
29.20
77.35
25.16
63.54
...
–0.35
+0.19
+0.96
–0.34
+0.71
+0.50
+0.21
+0.50
...
+1.27
+0.33
+0.06
+0.25
–0.22
+0.25
+2.62
+0.09
+0.47
–0.18
+0.30
–0.93
+1.85
+2.31
+0.06
+0.63
+0.03
+0.80
+0.55
+0.19
–0.09
+0.52
+0.10
+0.30
+0.72
–0.87
+3.37
+2.82
–0.22
+4.14
+0.19
+0.70
+1.58
+0.88
+3.38
–.58
1.03
1.69
1.05
2.65
1.66
3.11
.65
–1.32
–1.05
–.75
.25
–.73
–1.61
...
–.92
1.87
1.62
–.02
1.90
1.46
4.78
–.01
1.81
–1.17
1.39
1.59
–.74
–.09
2.21
1.15
5.01
.08
.83
–.13
9.64
1.87
2.91
.30
.66
–3.25
1.76
3.41
1.28
3.15
.46
1.13
1.97
1.54
2.99
1.70
3.89
...
–.15
–.07
.70
–.03
.55
–.87
–7.07
–.95
...
1.45
1.20
1.86
1.07
5.05
.59
2.85
–.03
1.25
3.76
–.10
.10
2.93
1.18
6.17
.78
1.71
.02
10.58
2.38
3.95
...
.84
...
1.91
4.30
2.63
3.59
.70
1.14
2.02
1.64
3.12
2.19
3.82
...
–.06
–.18
1.25
.10
.36
–1.35
–6.26
–.19
...
1.50
2.12
1.99
1.17
5.43
.71
3.10
.27
.76
4.30
.02
1.46
3.16
1.31
6.73
1.55
1.88
.37
10.96
2.52
4.11
...
.93
...
2.23
4.93
2.81
3.93
.12
.06
.3325
.09
.42
.745
1.31
...
...
...
.77
.15
.02
...
...
...
.23
.19
.20
.64
.05
.55
...
...
...
.43
...
...
.11
.19
.45
.32
.14
.2016
...
...
.08
.21
.0401
.36
...
.2575
.20
...
.27
O
PQ
30.98 18.48 PBF Energy
PBF 4.3 dd 27.61 +1.37 1.74 .83 2.07 .30
22.70 17.45 PBF Logistics PBFX 9.0 10 21.00 +0.10 2.01 2.30 2.53 .47
NYSE CUMULATIVE DAILY BREADTH vs DJIA
A Deep Breadth: Cumulative breadth on the NYSE increased 0.5% last week as stocks
finished up a strong September performance. Advancing stocks outnumbered declining
stocks by almost 2 to 1.
BREADTH
DJIA
478000
22600
BREADTH 476,634
s
52-Week
High Low Name
462000
21650
s
DJIA
446000
20700
430000
19750
414000
18800
398000
17850
O
N
D
J
F
M
A
M
J
J
A
S
In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is added to the next day's total, and so
on. When all five days' numbers are added together, this produces the weekly figure we plot. Dec. 31, 1985 =1000.
52-Week
High Low Name
71.57
14.98
15.70
45.38
38.54
135.73
68.32
43.05
77.76
113.67
40.20
...
30.49
137.60
130.75
2.23
119.43
165.69
65.51
14.95
27.70
11.09
17.58
20.24
33.40
2.90
177.61
26.20
39.82
18.33
9.04
76.75
32.50
10.37
36.38
35.59
1.77
10.74
23.22
19.35
18.46
56.05
69.03
91.00
119.39
29.90
70.16
10.30
97.17
13.47
81.80
12.56
11.77
4.75
36.21
29.40
123.55
92.19
58.00
6.73
21.85
23.08
9.68
66.67
90.92
7.20
199.83
81.85
18.24
33.95
36.59
27.20
58.27
14.82
20.00
108.46
40.88
48.22
89.04
20.27
141.88
6.25
57.60
9.50
11.76
25.53
25.50
87.34
21.79
30.95
49.37
89.64
32.08
...
20.34
102.32
84.53
0.87
78.03
107.31
30.60
6.76
17.10
4.69
14.58
13.76
24.65
1.10
118.77
16.39
22.98
12.65
1.02
39.15
22.58
7.04
23.56
27.44
0.54
3.45
9.75
15.65
14.28
38.33
53.80
56.05
98.50
19.95
45.35
6.66
63.68
4.66
60.69
7.61
6.96
1.66
29.83
19.20
86.78
75.14
42.47
2.43
17.12
18.61
3.96
46.36
70.86
1.60
125.46
47.09
12.31
18.82
19.60
18.32
41.28
6.85
12.85
73.07
28.77
40.28
68.76
15.72
114.43
2.38
PG&E
PGT Innovations
PHH
PJT Partners
PLDT
PNC Fin
PNC Fin Wt
PNM Resources
POSCO
PPG Ind
PPL
PQ Group
PROS
PSBusinessParks
PVH
PacificCoastOil
PackagingCpAm
PaloAltoNtwks
PampaEnergia
PandoraMedia
PanhandleOil&Gas
ParTechnology
ParamountGroup
ParkElectrochem
ParkHotels
ParkerDrilling
ParkerHannifin
Parkway
ParsleyEnergy
PartyCity
PatriotNational
PaycomSoftware
PeabodyEnergy
Pearson
PebblebrookHotel
PembinaPipeline g
PengrowthEnergy g
PenneyJC
PA Reit
PennyMacFinS
PennyMacTr
PenskeAuto
Pentair
Penumbra
PepsiCo
PerformanceFood
PerkinElmer
PermianBasin
Perrigo
Petrobras
PetroChina
PetroleoBrasil
PetroleoBrasilA
PetroQuestEner
Pfizer
PharMerica
PhilipMorris
Phillips66
Phillips66Ptrs
PhoenixNewMedia
PhysiciansRealty
PiedmontOfficeA
Pier 1
PinnacleFoods
PinnacleWest
PioneerEnerSvcs
PioneerNatRscs
PiperJaffray
PitneyBowes
PlainsAllAmPipe
PlainsGP
PlanetFitness
Plantronics
PlatformSpecialty
PlyGem
PolarisIndustries
PolyOne
PortlandGenElec
PostHoldings
Potash
Praxair
PrecisionDrilling g
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
PCG
PGTI
PHH
PJT
PHI
PNC
PNC/WS
PNM
PKX
PPG
PPL
PQG
PRO
PSB
PVH
ROYT
PKG
PANW
PAM
P
PHX
PAR
PGRE
PKE
PK
PKD
PH
PKY
PE
PRTY
PN
PAYC
BTU
PSO
PEB
PBA
PGH
JCP
PEI
PFSI
PMT
PAG
PNR
PEN
PEP
PFGC
PKI
PBT
PRGO
PZE
PTR
PBR
PBR/A
PQ
PFE
PMC
PM
PSX
PSXP
FENG
DOC
PDM
PIR
PF
PNW
PES
PXD
PJC
PBI
PAA
PAGP
PLNT
PLT
PAH
PGEM
PII
POL
POR
POST
POT
PX
PDS
3.1
...
...
.5
5.9
2.2
...
2.4
...
1.7
4.2
...
...
2.5
.1
.9
2.2
...
...
...
.7
...
2.4
2.2
6.2
...
1.5
1.7
...
...
...
...
...
1.7
4.2
4.7
...
...
8.0
...
10.8
2.7
2.0
...
2.9
...
.4
5.5
.8
...
3.2
...
...
...
3.6
...
3.9
3.1
4.7
...
5.2
4.2
6.7
2.3
3.1
...
.1
2.1
5.4
10.4
10.1
...
1.4
...
...
2.2
1.3
3.0
...
2.1
2.3
...
17
27
dd
dd
14
17
...
23
14
48
16
...
dd
44
24
37
22
dd
45
dd
cc
30
39
49
2
dd
24
dd
cc
14
dd
81
dd
dd
cc
36
dd
dd
dd
6
10
11
30
dd
24
30
41
14
dd
...
41
dd
dd
dd
26
40
25
27
22
50
77
99
12
37
19
dd
cc
dd
28
16
dd
55
18
dd
13
44
14
20
dd
33
26
dd
68.09
14.95
13.93
38.31
31.92
134.77
67.36
40.30
69.40
108.66
37.95
17.25
24.13
133.50
126.06
1.58
114.68
144.10
65.10
7.70
23.80
10.44
16.00
18.50
27.56
1.10
175.02
23.03
26.34
13.55
1.35
74.96
29.01
8.14
36.14
35.10
1.03
3.81
10.49
17.80
17.39
47.57
67.96
90.30
111.43
28.25
68.97
8.71
84.65
12.62
64.11
10.04
9.66
2.29
35.70
29.30
111.01
91.61
52.56
5.89
17.73
20.16
4.19
57.17
84.56
2.55
147.54
59.35
14.01
21.19
21.87
26.98
44.22
11.15
17.05
104.63
40.03
45.64
88.27
19.24
139.74
3.12
–0.81
+1.00
+0.43
+1.34
–0.85
+1.34
+1.14
–1.00
+1.16
–0.10
–0.52
...
+0.44
–0.95
–0.01
...
–1.53
+3.84
+2.74
–0.53
–0.60
+0.28
...
+0.04
+0.03
–0.10
–2.09
+0.01
–0.42
–0.45
+0.09
–1.12
–0.51
+0.38
+1.41
+0.97
+0.09
–0.20
+0.61
+0.20
+0.19
+1.42
+0.91
+1.40
–0.42
–0.15
+0.80
+0.28
–0.28
+0.40
+1.30
–0.30
–0.36
+0.23
–0.26
+0.15
–1.50
+1.72
+1.16
–0.09
–0.33
+0.15
+0.04
+0.18
–1.59
+0.05
+3.53
+2.50
+0.43
–0.39
–0.46
+0.07
+0.66
–0.23
+0.55
–2.75
+0.97
+0.06
+2.12
–0.04
+2.14
+0.05
2.78
.47
–3.77
–.17
1.94
7.30
...
1.46
3.59
3.28
2.79
...
–2.47
2.31
6.79
.01
4.75
–2.39
–.01
–1.49
–.61
.11
–.05
.46
.67
–1.86
7.25
–.29
–.46
.98
–.03
.74
–40.45
–3.86
.64
.77
–.41
...
–.40
2.94
1.08
3.99
2.85
.44
4.36
.93
2.12
.42
–28.01
.45
...
–.67
–.67
–5.24
1.17
.69
4.48
2.92
2.20
...
.22
.69
.37
1.79
3.95
–1.96
–3.34
–1.73
.49
.43
.94
.50
2.51
–.65
1.10
3.27
1.95
2.16
–.41
.39
5.21
–.40
3.67
.59
–2.62
1.62
2.19
8.38
...
1.85
7.12
6.04
2.16
...
–.87
2.84
7.71
...
6.02
3.31
2.12
–.51
...
...
.12
.64
12.03
–.89
9.08
...
.50
1.28
...
1.15
3.49
.62
1.04
1.35
–.61
.42
–.75
2.46
1.60
4.30
3.51
–.21
5.16
1.40
2.89
...
4.58
...
2.33
.74
.76
–.64
2.56
1.94
4.84
4.38
2.78
–.07
.27
.50
.41
2.55
4.25
–.66
1.15
...
1.68
1.40
1.20
.78
2.89
.80
1.15
4.46
2.21
2.21
2.69
.63
5.74
–.32
3.83
.70
–1.82
1.99
2.00
9.26
...
1.75
7.50
6.77
2.33
...
–.67
3.12
8.66
...
6.70
4.11
4.96
–.18
...
...
–.01
1.12
1.41
–.35
10.27
...
1.15
1.44
...
1.43
2.04
.63
.88
1.70
–.20
.39
.14
2.82
1.66
4.56
3.91
.10
5.56
1.62
3.29
...
5.12
...
3.12
.93
.95
–.27
2.76
2.19
5.43
5.79
3.50
.16
.34
.41
.43
2.81
4.48
–.33
2.38
...
1.79
1.62
1.46
.94
3.29
.97
1.48
5.32
2.49
2.42
4.01
.68
6.28
–.22
.53
...
...
.05
.941
.75
...
.2425
...
.45
.395
...
...
.85
.0375
.0012
.63
...
...
...
.04
...
.095
.10
.43
...
.66
.10
...
...
...
...
...
.0677
.38
.1371
...
...
.21
...
.47
.32
.345
...
.805
...
.07
.0402
.16
...
1.0381
...
...
...
.32
...
1.07
.70
.615
...
.23
.21
.07
.325
.655
...
.04
.3125
.1875
.55
.55
2.78
.15
...
...
.58
.135
.34
...
.10
.7875
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
19.19
59.63
12.53
86.45
67.73
63.53
94.67
49.01
65.49
15.30
77.87
80.40
28.92
115.26
49.67
47.47
232.21
27.51
16.35
11.85
21.12
56.23
41.80
29.04
154.38
24.05
23.00
38.82
9.20
112.97
99.95
9.46
16.60
12.02
44.64
6.82
52.60
50.67
50.50
81.18
30.63
45.93
10.84
52.81
43.10
20.79
80.44
32.52
39.28
192.15
17.69
9.12
7.11
7.02
43.01
25.23
18.16
102.82
11.57
15.41
27.29
4.86
79.12
70.10
2.54
9.10
PrefApartment
PrestigeBrands
PretiumResources
Primerica
PrincipalFin
ProAssurance
Procter&Gamble
Progressive
Prologis
ProPetro
ProsperityBcshs
ProtoLabs
ProvidentFinSvcs
PrudentialFin
Prudential
PublicServiceEnt
PublicStorage
PulteGroup
PureStorage
PzenaInvtMgmt
QEP Resources
QTS Realty
Q2Holdings
QuadGraphics
QuakerChemical
QualityCareProp
QuanexBldg
QuantaServices
Quantum
QuestDiag
QuintilesIMS
QuorumHealth
QuotientTech
APTS
PBH
PVG
PRI
PFG
PRA
PG
PGR
PLD
PUMP
PB
PRLB
PFS
PRU
PUK
PEG
PSA
PHM
PSTG
PZN
QEP
QTS
QTWO
QUAD
KWR
QCP
NX
PWR
QTM
DGX
Q
QHC
QUOT
5.0
...
...
1.0
2.9
2.3
3.0
1.4
2.8
...
2.1
...
3.0
2.8
1.6
3.7
3.7
1.3
...
1.1
...
3.0
...
5.3
1.0
...
.7
...
...
1.9
...
...
...
3.91
21.70
22.60
66.10
31.60
79.91
69.39
25.10
25.00
56.48
24.64
46.92
28.50
19.87
114.00
18.96
40.20
15.70
85.97
17.60
29.86
186.70
35.18
68.35
113.73
9.40
17.45
87.50
24.79
78.49
27.56
16.03
15.61
141.89
88.58
152.00
5.55
12.50
67.18
81.87
49.14
6.75
12.92
65.92
16.97
0.52
14.92
16.19
41.48
23.55
24.41
50.34
18.92
16.37
46.25
8.61
28.76
24.00
12.96
66.06
11.86
16.00
13.50
56.61
11.87
25.24
132.89
21.43
52.72
68.54
6.15
13.48
56.45
13.90
58.63
18.31
9.66
9.02
106.12
65.10
117.36
2.12
6.01
49.18
56.59
22.27
3.70
7.57
42.35
11.61
RAIT Financial
RELX
RELX
RE/MAX
REV
RH
RLI
RLJ Lodging
RPC
RPM
RR Donnelley
RSP Permian
RYBEducation
RadianGroup
RalphLauren
Ramco-Gershenson
RangeResources
RangerEnergySvcs
RaymondJames
RayonierAdvMatls
Rayonier
Raytheon
Realogy
RealtyIncome
RedHat
RedLionHotels
RedwoodTrust
RegalBeloit
Regal
RegencyCtrs
RegionalMgmt
RegionsFin
Regis
ReinsuranceGrp
RelianceSteel
RenaissanceRe
ReneSola
Renren
RepublicServices
ResMed
ResoluteEnergy
ResoluteForest
ResourceCapital
RestaurantBrands
RetailPropofAmer
RAS
RENX
RELX
RMAX
REVG
RH
RLI
RLJ
RES
RPM
RRD
RSPP
RYB
RDN
RL
RPT
RRC
RNGR
RJF
RYAM
RYN
RTN
RLGY
O
RHT
RLH
RWT
RBC
RGC
REG
RM
RF
RGS
RGA
RS
RNR
SOL
RENN
RSG
RMD
REN
RFP
RSO
QSR
RPAI
27.4
1.5
1.3
1.1
.7
...
1.5
2.0
1.0
2.3
5.4
...
...
.1
2.3
6.8
.4
...
1.0
2.0
3.5
1.7
1.1
4.4
...
...
6.9
1.3
5.5
3.4
...
2.4
...
1.4
2.4
.9
...
...
2.1
1.8
...
...
1.9
1.3
5.0
dd
25
dd
17
15
20
25
21
29
...
17
47
18
12
18
52
30
15
dd
17
dd
cc
dd
14
38
dd
60
21
87
19
cc
dd
dd
18.88
50.09
9.26
81.55
64.34
54.65
90.98
48.42
63.46
14.35
65.73
80.30
26.67
106.32
47.91
46.25
213.99
27.33
15.99
10.89
8.57
52.36
41.65
22.61
147.95
15.50
22.95
37.37
6.12
93.64
95.07
5.18
15.65
+0.36
+0.98
+0.03
+3.40
+1.22
+0.35
–1.26
+0.44
–0.22
+1.30
+4.19
+6.05
+0.80
+1.32
–0.20
+0.06
+0.28
+1.45
+0.35
+1.03
+0.20
+0.74
+1.80
+0.03
+0.50
+0.74
+1.90
+0.25
–0.04
–8.47
+0.37
+0.46
–0.70
–2.11
1.30
–.35
4.59
4.50
2.83
5.59
1.76
2.27
–1.72
3.94
1.61
1.38
9.71
2.02
1.75
6.81
1.75
–1.26
.58
–5.62
.46
–.92
.90
4.63
.87
–.05
1.26
.88
4.51
.76
–12.24
–.23
–1.08
2.64
...
5.22
5.19
2.13
4.17
2.24
1.53
.48
4.00
2.06
1.48
10.11
3.67
2.92
7.27
2.09
–.22
.58
–.61
.45
–.08
1.79
4.93
...
.64
2.02
.47
5.66
4.57
–1.52
.27
–2.25
2.88
...
5.88
5.48
2.11
4.46
2.75
1.44
1.30
4.26
2.39
1.63
11.18
3.92
2.94
7.74
2.70
.03
.69
–.28
.59
.15
2.10
5.78
...
.76
2.46
.83
5.92
5.28
–.39
.47
.235
...
...
.20
.47
.31
.6896
.6808
.44
...
.34
...
.20
.75
.3765
.43
2.00
.09
...
.03
...
.39
...
.30
.355
...
.04
...
...
.45
...
...
...
dd
27
28
49
1
dd
25
20
dd
39
dd
72
...
22
dd
32
cc
...
20
18
24
26
19
49
67
dd
9
17
15
cc
11
16
dd
12
17
12
dd
dd
34
32
dd
dd
dd
44
dd
.73
21.33
22.35
63.55
28.76
70.32
57.36
22.00
24.79
51.34
10.30
34.59
28.50
18.69
88.29
13.01
19.57
14.70
84.33
13.70
28.89
186.58
32.95
57.19
110.86
8.65
16.29
79.00
16.00
62.04
24.21
15.23
14.27
139.53
76.17
135.14
2.33
8.96
66.06
76.96
29.69
5.05
10.78
63.88
13.13
+0.12
+0.09
+0.12
+1.60
+0.92
–1.90
+2.15
+0.20
+1.05
+0.37
+0.34
+1.76
+2.60
+0.82
–0.13
+0.46
+0.65
+0.19
+1.42
+0.15
+0.17
+1.89
–1.38
–0.38
+4.56
+0.50
+0.08
+0.25
–0.61
–0.08
+0.46
+0.81
+0.73
+2.83
+1.82
+3.06
+0.11
–0.05
–0.20
–0.42
–0.07
+0.40
+0.41
–0.92
+0.18
–.11
.76
.76
1.29
46.65
.13
2.59
1.61
–.66
1.36
–7.09
–.23
...
1.37
–1.20
.66
–2.75
...
3.65
1.55
1.73
7.44
1.46
1.13
1.39
–.23
1.54
4.52
1.09
1.42
1.99
.87
–.35
10.79
4.16
11.43
–1.70
...
1.78
2.40
–10.33
–.90
–1.73
1.48
.66
–1.90
1.08
1.06
1.90
1.19
2.59
2.01
1.07
.80
2.87
1.04
.73
...
1.72
5.33
.28
.51
.03
5.01
.73
.43
7.60
1.70
1.18
2.78
–.20
1.57
4.87
.96
.84
2.43
1.00
.12
10.20
5.17
8.53
...
...
2.39
3.01
1.00
–.21
.36
1.90
.19
–.30
1.16
1.14
2.06
1.59
3.77
1.97
1.40
1.35
3.16
1.21
1.21
...
1.91
5.47
.23
.66
2.02
5.76
1.16
.50
8.48
1.95
1.25
3.27
–.02
1.56
5.29
1.10
1.45
2.74
1.13
.35
10.83
5.94
9.87
...
...
2.66
3.35
2.83
.17
.05
2.57
.19
.05
.1566
.1508
.18
.05
...
.21
.11
.06
.30
.14
...
...
.0025
.50
.22
.02
...
.22
.07
.25
.7975
.09
.212
...
...
.28
.26
.22
.53
...
.09
...
.50
.45
.32
...
...
.345
.35
...
...
.05
.20
.1656
R
M20
BARRON’S
October 2, 2017
New York Stock Exchange Composite List
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
37.43
107.87
30.60
25.73
29.55
26.42
10.48
43.05
49.89
39.96
8.77
11.88
50.98
179.50
135.31
53.55
133.85
46.22
247.54
12.40
21.68
77.78
7.37
125.00
60.66
62.61
9.16
3.68
27.30
85.42
16.85
67.97
15.60
76.10
20.05
15.80
18.30
16.87
5.45
19.35
31.24
26.68
1.93
6.05
34.42
114.46
78.54
37.03
51.98
28.00
167.50
6.80
9.02
60.92
4.18
67.53
48.07
50.94
3.38
1.69
16.80
62.03
7.65
47.31
Revlon
RexAmerRes
RexfordIndlRealty
Rexnord
RiceEnergy
RiceMidstream
RichmontMines
RingCentral
RioTinto
RitchieBros
RiteAid
RoadrunnerTrans
RobertHalf
Rockwell
RockwellCollins
RogersComm B g
Rogers
Rollins
RoperTech
RosettaStone
Rowan
RoyalBkCanada g
RoyalBkScotland
RoyalCaribbean
RoyalDutchA
RoyalDutchB
RubiconProject
RubyTuesday
RudolphTech
RyderSystem
RyersonHolding
RymanHospitality
REV
REX
REXR
RXN
RICE
RMP
RIC
RNG
RIO
RBA
RAD
RRTS
RHI
ROK
COL
RCI
ROG
ROL
ROP
RST
RDC
RY
RBS
RCL
RDS/A
RDS/B
RUBI
RT
RTEC
R
RYI
RHP
...
...
2.0
...
...
5.2
...
...
4.7
2.2
...
...
1.9
1.7
1.0
2.9
...
1.0
.6
...
...
3.7
...
2.0
6.2
6.0
...
...
...
2.2
...
5.1
110.67
158.35
48.47
30.40
64.80
57.85
28.13
115.34
43.09
29.55
40.66
28.95
29.92
41.70
3.65
14.10
20.00
98.22
30.17
8.49
14.39
26.85
1.85
1.79
4.00
50.65
15.47
23.78
32.40
68.33
74.99
87.84
26.85
44.35
47.01
89.87
10.14
5.00
99.91
24.15
12.85
4.59
5.33
50.62
13.67
20.13
17.25
19.60
43.20
7.74
120.17
48.52
84.98
4.75
51.69
35.89
48.48
118.64
39.70
23.31
34.17
363.98
48.98
16.10
123.94
64.81
9.86
101.46
16.19
35.70
209.89
49.56
58.12
65.19
30.00
15.45
59.72
37.22
143.68
29.44
181.73
10.75
...
63.80
80.93
107.21
28.89
11.93
48.82
42.01
20.44
93.90
12.29
15.49
22.34
21.21
19.65
33.46
1.09
10.60
18.02
66.43
17.26
5.51
3.96
15.03
1.20
1.28
2.65
36.81
10.76
17.17
24.91
55.86
48.32
62.56
17.69
30.66
35.31
60.21
3.35
3.20
81.48
12.16
7.35
0.15
2.61
41.22
5.02
11.10
11.22
10.20
22.55
4.49
92.95
35.10
68.51
1.65
38.49
24.90
32.41
72.80
30.12
19.02
25.42
239.48
35.64
12.07
37.74
29.85
4.18
46.09
9.68
19.89
150.15
39.82
26.60
50.33
18.81
6.60
43.66
26.97
103.50
11.28
140.83
10.20
...
26.18
SAP
S&P Global
Seacor
SEACOR Marine
SINOPECShanghai
SJW Group
SK Telecom
SLGreenRealty
SM Energy
SPX
SPX FLOW
STAG Indl
StoreCapital
SabineRoyalty
SafeBulkers
SafeguardSci
SafetyIncome
Salesforce.com
SallyBeauty
SanJuanBasin
SanchezEnergy
SandRidgeEnergy
SandRidgeMS
SandRidgeMS II
SandRidgePermian
Sanofi
SantanderConUSA
SaratogaInvt
Sasol
SaulCenters
Scana
Schlumberger
SchneiderNatl
SchwabC
SchweitzerMaud
ScienceApplicat
ScorpioBulkers
ScorpioTankers
ScottsMiracleGro
ScrippsEW
SeabridgeGold
SeaDrill
SeadrillPartners
SealedAir
Seaspan
SeaWorldEnt
SelectEnergySvcs
SelectMedical
Semgroup
SemicondctrMfg
SempraEnergy
SensataTech
SensientTech
SequansComms
SeritageGrowth
ServiceCorp
ServiceMaster
ServiceNow
ShakeShack
ShawComm B g
ShellMidstream
SherwinWilliams
ShinhanFin
ShipFinance
Shopify
Shutterstock
Sibanye-Stillwater
SignetJewelers
SilverSpringNtwks
SilverBowRscs
SimonProperty
SimpsonMfg
SiteOneLandscape
SixFlags
SkechersUSA
Smart&FinalStores
SmithAO
Smith&Nephew
Smucker
Snap
SnapOn
SocialCapHed
SocialCapHed
SOQUIMICH
SAP
SPGI
CKH
SMHI
SHI
SJW
SKM
SLG
SM
SPXC
FLOW
STAG
STOR
SBR
SB
SFE
SAFE
CRM
SBH
SJT
SN
SD
SDT
SDR
PER
SNY
SC
SAR
SSL
BFS
SCG
SLB
SNDR
SCHW
SWM
SAIC
SALT
STNG
SMG
SSP
SA
SDRL
SDLP
SEE
SSW
SEAS
WTTR
SEM
SEMG
SMI
SRE
ST
SXT
SQNS
SRG
SCI
SERV
NOW
SHAK
SJR
SHLX
SHW
SHG
SFL
SHOP
SSTK
SBGL
SIG
SSNI
SBOW
SPG
SSD
SITE
SIX
SKX
SFS
AOS
SNN
SJM
SNAP
SNA
IPOA/U
IPOA
SQM
1.3
1.0
...
...
6.1
1.5
...
3.1
.6
...
...
5.1
5.0
6.4
...
...
...
...
...
33.2
...
...
14.6
14.9
16.7
3.3
...
8.9
4.4
3.3
5.1
2.9
.8
.7
4.1
1.9
...
1.2
2.2
...
...
...
21.6
1.5
7.1
...
...
...
6.3
...
2.9
...
1.6
...
2.2
1.7
...
...
...
3.9
4.4
.9
...
9.7
...
...
5.1
1.9
...
...
4.5
1.7
...
4.2
...
...
.9
1.4
3.0
...
1.9
...
...
1.4
dd
21
64
38
dd
15
47
dd
14
67
25
...
20
29
26
34
32
56
36
dd
dd
14
dd
17
32
33
dd
dd
26
20
26
20
24.55
93.83
28.62
25.41
28.94
20.94
9.35
41.75
47.19
31.62
1.96
9.53
50.34
178.21
130.71
51.54
133.28
46.14
243.40
10.21
12.85
77.35
7.28
118.54
60.58
62.54
3.89
2.14
26.30
84.55
10.85
62.49
+4.65
–0.24
–0.89
+0.11
+0.31
–0.06
–0.55
+1.90
–0.63
+0.15
–0.43
+1.02
+1.74
+0.66
+0.23
–0.09
+6.26
+1.42
–2.76
+0.54
+1.44
+0.82
+0.12
+3.25
+1.10
+1.05
–0.05
+0.03
+1.55
+1.98
+1.30
+1.32
–.42
4.91
.36
.64
–1.84
1.45
.15
–.40
2.55
.86
...
1.23
2.67
5.56
5.51
1.22
2.65
.77
6.43
–1.25
2.56
5.13
–1.60
5.93
...
...
–.39
–1.76
1.16
4.90
.54
3.11
–1.11
...
.39
1.27
.48
1.45
.33
.17
4.60
.86
–.11
.63
2.62
6.75
6.08
2.72
5.49
.86
9.28
–.57
–.96
6.04
.63
7.46
3.45
3.45
–.42
...
1.17
4.44
.96
3.01
–.69
...
.20
1.50
.76
1.47
.33
.30
3.75
1.14
.02
.82
2.87
7.24
7.11
2.99
5.92
.97
10.10
–.35
–2.37
6.37
.67
8.57
3.88
3.88
–.47
...
1.38
5.25
1.45
3.41
...
...
.145
...
...
.2711
...
...
1.1099
.17
...
...
.24
.76
.33
.3773
...
.115
.35
...
...
.7231
...
.60
.94
.94
...
...
...
.46
...
.80
35
18
dd
...
7
21
9
cc
dd
dd
cc
98
32
18
dd
dd
cc
dd
12
14
dd
dd
6
6
6
13
8
14
12
39
11
cc
...
29
18
19
dd
dd
26
28
dd
dd
1
22
dd
dd
...
30
cc
4
17
29
31
dd
dd
19
28
dd
62
29
23
30
8
...
dd
41
dd
10
dd
11
30
24
57
57
17
67
30
20
22
dd
15
...
...
42
109.65
156.31
46.11
15.64
59.82
56.60
24.59
101.32
17.74
29.34
38.56
27.47
24.87
40.80
2.74
13.35
18.64
93.42
19.58
7.84
4.82
20.09
1.32
1.34
2.85
49.79
15.37
21.52
27.53
61.91
48.49
69.76
25.30
43.74
41.46
66.85
7.05
3.43
97.34
19.11
12.20
.35
3.71
42.72
7.09
12.99
15.92
19.20
28.75
5.56
114.13
48.07
76.92
3.14
46.07
34.50
46.73
117.53
33.23
23.01
27.84
358.04
44.30
14.50
116.49
33.29
4.46
66.55
16.17
24.55
161.01
49.04
58.10
60.94
25.09
7.85
59.43
36.40
104.93
14.54
149.01
10.55
10.10
55.66
–0.62
–0.51
+2.43
+3.59
–0.02
–0.11
+0.08
+0.65
+1.13
+2.17
+0.47
–0.29
–0.61
+0.90
–0.28
+0.35
–0.46
–1.52
+0.63
–0.31
+0.21
+0.49
+0.05
+0.01
+0.10
–0.55
+0.83
+0.05
–0.83
+1.12
–6.73
+0.96
+0.92
+1.20
+1.70
+2.18
–0.20
–0.16
+0.71
+1.17
+0.35
–0.04
–0.01
+0.22
+0.06
+0.60
–0.96
+0.70
+1.15
+0.06
–1.81
+0.51
+0.12
–0.36
+0.68
–0.52
–1.18
+1.72
–0.04
–0.15
+0.29
+8.28
–1.25
+0.20
–3.78
–0.75
–0.23
+2.16
–0.01
+1.53
+2.20
+1.31
+2.07
+1.98
+0.27
+0.55
–0.12
+0.51
+0.34
+0.84
–0.31
+0.04
...
–0.82
3.36
7.94
–12.76
–7.47
...
2.57
2.25
2.34
–9.90
–2.02
–9.23
.29
.82
1.88
–.83
–1.09
.36
.26
1.50
.30
–4.63
55.54
.54
.40
.54
2.02
2.13
1.98
...
1.52
4.16
–1.24
30.00
1.31
2.70
3.22
–2.22
–.15
5.09
.79
–.11
–.36
3.20
2.46
–1.89
–.15
–.05
.87
.04
.45
5.46
1.54
2.82
–.39
–1.64
.90
1.13
–2.75
.53
1.89
1.32
11.99
4.95
1.57
–.42
.91
.73
7.08
–.42
69.16
5.87
1.86
–3.01
1.25
1.57
.17
1.85
1.75
5.10
–.51
9.20
...
...
1.06
4.86
6.32
–1.66
–4.55
7.51
2.47
3.07
.52
–1.11
1.74
1.42
–.01
.82
...
–.20
–3.05
...
1.32
1.82
...
–.76
1.30
...
...
...
3.38
1.75
1.96
2.64
...
4.18
1.51
.94
1.61
3.15
3.61
–.69
–.21
4.07
.15
...
–.04
1.50
1.83
.70
–1.38
...
.81
.67
.18
5.23
3.17
3.42
–.22
...
1.46
2.04
1.17
.51
.96
1.37
14.82
5.98
1.16
–.04
1.16
.28
7.05
.02
4.14
6.13
2.09
1.44
1.89
1.57
.49
2.11
1.77
7.72
–2.89
10.10
...
...
1.59
5.30
6.97
.06
–3.70
7.92
2.63
3.10
.43
–.90
2.05
2.27
.12
.88
...
.12
–2.01
.30
1.70
1.98
...
.42
1.24
...
...
...
3.52
1.98
2.05
2.75
...
4.10
2.36
1.09
1.95
3.38
3.88
–.24
.42
4.48
.81
...
–.95
.82
2.50
1.09
.49
1.06
1.02
1.33
.25
5.56
3.44
3.79
–.02
...
1.56
2.29
1.79
.60
1.01
1.57
17.83
5.58
1.11
.23
1.21
.51
7.32
.27
4.56
7.11
2.23
1.84
2.30
1.97
.57
2.37
1.87
8.04
–.96
11.15
...
...
1.71
1.3721
.41
...
...
3.6744
.2175
...
.775
.05
...
...
.1175
.31
.2168
...
...
.1566
...
...
.2167
...
...
.0482
.05
.119
1.6406
...
.48
.6016
.51
.6125
.50
.05
.08
.42
.31
...
.01
.53
...
...
...
.20
.16
.125
...
...
...
.45
...
.8225
...
.30
...
.25
.15
...
...
...
.0744
.3041
.85
...
.35
...
...
.1146
.31
...
...
1.80
.21
...
.64
...
...
.14
.246
.78
...
.71
...
...
.3865
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
S
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
17.72
27.45
55.58
41.65
57.95
38.40
4.74
52.38
42.00
64.39
86.65
14.40
26.43
47.49
146.09
22.29
78.00
79.29
13.56
30.75
9.65
29.00
21.90
5.88
55.37
109.30
152.43
118.37
28.55
11.70
11.90
14.78
23.01
37.94
96.39
20.42
19.95
18.15
92.97
88.43
25.85
48.17
56.62
19.90
70.93
25.36
20.82
148.84
68.80
34.44
8.30
19.39
32.49
26.50
91.87
40.57
13.14
21.95
35.16
32.67
16.86
61.69
27.83
18.34
19.39
30.12
38.43
16.10
38.06
93.61
131.35
46.42
57.07
29.50
9.90
15.95
47.10
27.72
33.85
27.51
1.10
46.20
25.79
36.91
64.26
5.00
16.83
40.19
102.27
16.80
59.54
43.94
6.64
22.50
5.83
10.88
16.30
1.45
43.29
74.35
111.89
100.00
21.50
9.00
6.75
5.70
21.11
26.74
68.16
15.58
13.70
12.50
67.85
63.80
16.75
34.48
36.71
7.81
16.50
5.75
13.42
106.48
44.80
22.71
6.39
12.45
17.83
19.15
69.90
32.03
7.23
13.50
27.30
21.01
12.14
43.13
11.42
5.40
7.91
14.00
19.16
12.40
26.01
74.52
100.06
31.41
47.15
7.05
SolarisOilfield
SonicAutomotive
SonocoProducts
Sony
Sotheby's
SoJerseyInd
SouthcrossEner
Southern
SoCopper
SouthwestAirlines
SouthwestGas
SouthwesternEner
Sparton
SpectraEnerPtrs
SpectrumBrands
SpeedwayMotor
Spire
SpiritAeroSys
SpiritRealtyCap
SpragueRscs
Sprint
Square
St.Joe
StageStores
StandardMotor
StandexInt
StanleyBlackDck
StanleyBlackDeckUn
Stantec g
StarGas
Starrett A
Startek
StarwoodProp
StarwoodWaypt
StateStreet
Statoil
SteelPartners
Steelcase
Stepan
Steris
SterlingBancorp
StewartInfo
StifelFinancial
STMicroelec
StoneEnergy
StoneMorPtrs
Stoneridge
Stryker
SturmRuger
SuburbanPropane
SumitomoMits
SummitHotelProp
SummitMaterials
SummitMidstream
SunCommunities
SunLifeFinancial g
SunCokeEnergy
SunCokeEnerPtrs
SuncorEnergy g
Sunoco
SunstoneHotelInv
SunTrustBanks
SunTrustBanksWtA
SunTrustBanksWtB
SuperiorEnergy
SuperiorIndsIntl
Supervalu
SutherlandAsset
SynchronyFin
Syngenta
Synnex
SynovusFin
Sysco
Systemax
SOI
SAH
SON
SNE
BID
SJI
SXE
SO
SCCO
LUV
SWX
SWN
SPA
SEP
SPB
TRK
SR
SPR
SRC
SRLP
S
SQ
JOE
SSI
SMP
SXI
SWK
SWP
STN
SGU
SCX
SRT
STWD
SFR
STT
STO
SPLP
SCS
SCL
STE
STL
STC
SF
STM
SGY
STON
SRI
SYK
RGR
SPH
SMFG
INN
SUM
SMLP
SUI
SLF
SXC
SXCP
SU
SUN
SHO
STI
STI/WS/A
STI/WS/B
SPN
SUP
SVU
SLD
SYF
SYT
SNX
SNV
SYY
SYX
34.69
20.03
3.96
65.03
85.20
17.07
36.94
32.83
19.20
80.92
10.58
10.25
1.75
10.44
9.85
1.45
20.70
14.21
76.30
13.55
28.76
38.43
29.50
55.50
39.38
61.83
79.33
124.52
42.53
78.65
24.79
39.70
37.09
33.76
11.77
19.90
6.69
2.85
27.99
37.55
4.43
32.12
11.02
13.73
0.91
47.12
60.59
11.47
30.31
18.73
11.17
66.66
10.07
9.70
1.20
10.15
9.75
1.35
18.71
10.35
41.41
4.24
9.40
28.34
21.74
42.59
23.06
40.25
48.56
92.28
28.97
49.07
15.82
10.45
25.17
14.56
5.14
13.06
1.65
1.37
19.67
14.00
1.59
17.04
TAL Education
TCF Fin
TCF Fin Wt
TC PipeLines
TE Connectivity
Tegna
Telus g
Ternium
TIM Part
TJX
TPG PaceEnergy
TPGPaceEnergyA
TPGPaceEnergyWt
TPGPace
TPG Pace
TPGPaceWt
TPG RE Fin
TRI Pointe
TableauSoftware
TahoeResources
TailoredBrands
TaiwanSemi
TallgrassEnerGP
TallgrassEnPtrs
Tanger
TargaResources
Target
TaroPharm
TataMotors
TaubmanCtrs
TaylorMorrison
Team
TechnipFMC
TeckRscsB g
Teekay
TeekayLNG un
TeekayOffshore
TeekayTankers
TejonRanch
Teladoc
Telaria
TelecomArgentina
TAL
TCF
TCF/WS
TCP
TEL
TGNA
TU
TX
TSU
TJX
TPGE/U
TPGE
TPGE/WS
TPGH/U
TPGH
TPGH/WS
TRTX
TPH
DATA
TAHO
TLRD
TSM
TEGP
TEP
SKT
TRGP
TGT
TARO
TTM
TCO
TMHC
TISI
FTI
TECK
TK
TGP
TOO
TNK
TRC
TDOC
TLRA
TEO
...
1.0
3.1
...
...
3.2
...
4.7
1.4
.9
2.6
...
...
6.4
1.6
2.8
2.8
.5
8.4
9.9
...
...
...
10.9
1.6
.6
1.7
4.7
1.4
3.9
4.5
...
8.8
2.4
1.8
...
...
3.3
1.0
1.4
1.1
3.2
.7
1.2
...
20.2
...
1.2
1.8
13.6
...
4.3
...
11.5
3.1
3.5
...
13.8
2.9
10.6
1.2
2.7
...
...
...
2.2
...
9.4
1.9
...
.9
1.3
2.4
1.5
...
14
19
40
32
32
dd
76
31
17
24
dd
cc
16
22
22
21
28
cc
12
dd
dd
65
dd
18
30
19
...
36
39
64
45
12
dd
18
dd
cc
15
22
63
21
14
28
39
dd
dd
7
32
13
58
8
18
57
84
cc
13
dd
dd
28
dd
21
16
...
...
dd
67
22
10
12
41
17
21
26
dd
17.43
20.40
50.45
37.34
46.11
34.53
2.35
49.14
39.76
55.98
77.62
6.11
23.21
44.38
105.92
21.30
74.65
77.72
8.57
24.60
7.78
28.81
18.85
1.84
48.25
106.20
150.97
114.65
27.75
11.35
8.90
11.75
21.72
36.37
95.54
20.09
18.35
15.40
83.66
88.40
24.65
37.76
53.46
19.42
29.06
6.52
19.81
142.02
51.70
26.09
7.71
15.99
32.03
20.00
85.68
39.82
9.14
17.20
35.03
31.10
16.07
59.77
26.30
16.10
10.68
16.65
21.75
15.70
31.05
92.06
126.51
46.06
53.95
26.43
+1.01
+0.55
+1.83
–0.16
+0.52
+0.27
+0.11
+0.32
+0.65
+1.05
+0.25
+0.09
–0.14
+0.55
+0.51
+0.77
+0.55
–0.73
+0.13
+0.30
–0.74
+0.06
+0.25
–0.07
+1.44
+3.60
–0.25
+0.43
–0.30
+0.46
+0.25
+0.10
–0.24
+0.76
–0.02
+0.09
+0.05
+0.85
+1.20
+1.36
+0.85
+2.16
+2.56
–0.21
+0.35
+0.28
+1.19
+1.13
+0.70
+1.75
–0.08
+0.63
+0.32
–0.80
–0.78
+0.50
+0.52
+0.15
+0.91
+0.20
+0.23
+2.55
+3.69
+2.38
+0.07
+0.35
+0.48
–0.20
+1.58
+0.01
+10.41
+2.11
+0.58
+0.68
.07
2.03
2.81
.54
1.27
1.56
–1.48
2.55
1.00
3.55
3.18
–6.32
.13
2.84
5.99
.96
3.24
3.70
.21
.40
–.30
–.50
.21
–1.40
2.62
3.65
6.51
...
.92
.70
.14
.02
1.50
–.80
4.97
–.91
.25
1.03
3.73
1.28
1.07
1.85
1.00
.19
–599.27
–.94
2.74
4.35
4.59
.24
.95
1.00
.53
–.71
.26
3.06
.22
2.07
.20
–5.26
.55
3.60
...
...
–5.85
1.62
17.01
1.85
2.71
2.55
5.88
1.89
2.08
–.87
.53
1.86
2.75
2.23
1.93
1.19
–2.12
2.94
1.67
3.65
3.43
.54
1.25
3.23
5.58
1.00
3.57
5.24
.22
4.00
–.04
.24
.25
–.90
2.87
5.07
7.30
...
1.52
...
...
.30
2.09
–.07
6.14
1.14
...
.93
4.58
4.06
1.35
2.49
3.43
.83
–7.65
–.66
1.46
6.46
3.11
.57
.86
.90
1.20
.04
1.00
3.25
–.09
–1.99
1.07
–.69
.70
4.05
...
...
–1.57
1.45
2.27
1.37
2.59
3.61
8.76
2.46
2.76
1.26
1.32
1.96
3.01
2.46
2.36
1.47
–1.78
3.03
1.96
4.51
3.60
.80
...
3.29
6.30
1.05
3.70
5.33
.25
3.28
.03
.43
.08
–.65
3.45
5.72
8.18
...
1.81
...
...
.52
2.18
.20
6.89
1.05
...
1.12
5.17
4.54
1.71
2.98
3.88
1.04
–.20
–.58
1.47
7.10
3.76
1.44
.87
.65
1.67
.43
1.36
3.46
.06
1.61
1.00
1.91
.52
4.45
...
...
–.69
1.95
2.71
1.60
3.20
3.79
9.64
2.78
2.98
1.49
...
.05
.39
...
...
.2725
...
.58
.14
.125
.495
...
...
.7138
.42
.15
.525
.10
.18
.6075
...
...
...
.05
.19
.16
.63
1.34
.0993
.11
.10
...
.48
.22
.42
.2201
.15
.1275
.205
.31
.07
.30
.10
.06
...
.33
...
.425
.23
.8875
...
.17
...
.575
.67
.3439
...
.594
.2552
.8255
.05
.40
...
...
...
.09
...
.37
.15
1.0115
.30
.15
.33
.10
cc
15
...
17
18
16
23
8
32
21
...
...
...
...
...
...
...
16
dd
10
12
17
42
21
16
dd
12
11
17
39
12
dd
...
8
dd
10
5
dd
dd
dd
dd
16
33.71
17.04
1.80
52.32
83.06
13.33
35.97
30.93
18.28
73.73
10.20
9.77
1.40
10.29
9.83
1.45
19.77
13.81
74.89
5.27
14.44
37.55
28.25
47.89
24.42
47.30
59.01
112.69
31.27
49.70
22.05
13.35
27.92
21.09
8.93
17.80
2.38
1.62
21.10
33.15
4.36
30.84
+0.55
+0.57
+0.20
+1.57
+0.70
+0.54
+0.03
–0.40
–0.61
+1.28
–0.02
–0.04
...
+0.04
+0.04
...
+0.14
+0.75
–0.69
–0.49
+0.88
–0.22
+1.00
+1.54
+0.08
+0.34
+0.02
+3.59
–0.48
+0.56
+1.15
+0.25
+1.09
–0.87
+0.12
+0.65
–0.18
–0.02
–0.11
+0.45
+0.61
+0.28
...
1.15
...
3.21
5.44
1.99
1.55
2.97
.45
3.46
...
...
...
...
...
...
2.09
1.21
–1.92
.41
.51
2.00
.55
2.23
2.01
–1.80
4.70
11.05
1.64
1.77
1.69
–.45
–10786
1.36
–1.62
1.69
–.25
.40
.03
–1.75
–.40
1.37
.35
1.20
...
3.23
4.75
1.09
2.12
3.84
.61
3.93
...
...
...
...
...
...
1.62
1.33
.23
.35
1.83
2.17
.88
3.76
.81
–.60
4.52
9.50
2.21
1.11
1.91
–.55
...
3.49
–1.00
1.17
.61
...
...
–1.52
–.15
1.86
.56
1.36
...
3.35
5.03
1.62
2.29
3.52
.80
4.26
...
...
...
...
...
...
1.81
1.46
.29
.45
1.99
2.44
1.09
3.64
1.04
–.01
4.40
8.00
3.47
1.28
2.22
.65
...
2.44
.25
1.94
.93
.21
...
–1.28
.04
2.04
.0833
.075
...
1.00
.40
.07
.3884
1.00
.0929
.3125
...
...
...
...
...
...
.33
...
...
.02
.18
1.1512
.3425
.925
.3425
.91
.62
...
...
.625
...
...
...
.0399
.055
.14
.01
.03
...
...
...
...
T
...
1.8
...
7.6
1.9
2.1
4.3
3.2
...
1.7
...
...
...
...
...
...
...
...
...
4.6
5.0
3.1
4.8
7.7
5.6
7.7
4.2
...
...
5.0
...
...
...
.8
2.5
3.1
1.7
7.4
...
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
10.53
8.45
161.58
243.85
16.85
11.64
36.19
32.98
70.45
37.21
24.13
76.80
70.96
33.89
37.47
45.10
115.86
37.40
6.34
46.76
414.79
18.35
54.07
194.30
21.48
16.10
48.57
127.12
23.70
214.65
30.35
19.50
97.29
15.29
20.40
103.42
51.75
23.00
14.23
41.60
40.44
65.44
80.30
73.86
56.85
55.04
70.62
30.50
13.01
123.18
6.60
51.85
29.69
295.00
49.31
16.66
20.57
49.46
130.37
15.86
14.80
25.60
90.42
90.09
20.35
43.04
41.58
32.30
72.60
25.41
14.41
38.19
34.80
23.52
28.70
5.28
74.36
9.69
18.05
3.80
33.00
69.61
25.25
10.54
182.49
75.55
7.10
5.85
101.90
136.53
11.95
8.15
27.17
24.12
39.57
26.48
12.54
60.05
51.09
26.27
20.22
21.88
75.20
24.81
1.85
15.22
234.17
6.90
37.19
139.07
15.74
11.05
39.23
74.00
12.02
163.85
20.37
14.06
70.86
8.02
11.65
78.32
31.60
9.39
7.97
26.65
33.19
28.81
62.86
46.09
43.31
45.05
46.22
20.85
8.12
103.62
3.75
42.69
9.41
203.72
36.93
7.20
6.50
28.92
103.45
11.38
9.75
14.65
62.64
50.81
12.84
27.75
17.78
20.80
44.70
15.05
10.25
11.50
19.65
7.40
16.50
3.92
52.32
6.35
11.67
2.44
18.05
22.80
14.12
7.91
139.61
55.72
TelecomItalia
TelecomItalia A
TeledyneTech
Teleflex
TelefonicaBras
Telefonica
TelekmIndonesia
Telephone&Data
TempurSealy
Tenaris
TenetHealthcare
Tennant
Tenneco
Teradata
Teradyne
Terex
TerraNitrogen
TerrenoRealty
TetraTech
TevaPharm
TexasPacLand
Textainer
Textron
ThermoFisherSci
Thermon
ThirdPointReins
ThomsonReuters
ThorIndustries
3D Systems
3M
Tidewater
TierReit
Tiffany
Tilly's
TimeInc.
TimeWarner
Timken
TimkenSteel
TItanIntl
Toll Bros
TootsieRoll
TopBuild
Torchmark
Toro
TorontoDomBk g
Total
TotalSystem
TowerIntl
TownsquareMedia
ToyotaMotor
Transalta g
TransCanada g
TrancntlRlty
TransDigm
Transmontaigne
Transocean
TransportadGas
TransUnion
Travelers
TravelportWorldwd
TrecoraResources
Tredegar
TreeHouseFoods
Trex
TriangleCap
TribuneMediaA
TriNet
TrinityIndustries
Trinseo
Triple-S Mgmt
TriplePtVent
TritonIntl
TriumphGroup
Tronox
TrueBlue
TsakosEnergy
Tupperware
TurkcellIletism
TurningPoint
TurquoiseHill
TutorPerini
Twilio
Twitter
TwoHarborsInv
TylerTech
TysonFoods
TI
TI/A
TDY
TFX
VIV
TEF
TLK
TDS
TPX
TS
THC
TNC
TEN
TDC
TER
TEX
TNH
TRNO
TTI
TEVA
TPL
TGH
TXT
TMO
THR
TPRE
TRI
THO
DDD
MMM
TDW
TIER
TIF
TLYS
TIME
TWX
TKR
TMST
TWI
TOL
TR
BLD
TMK
TTC
TD
TOT
TSS
TOWR
TSQ
TM
TAC
TRP
TCI
TDG
TLP
RIG
TGS
TRU
TRV
TVPT
TREC
TG
THS
TREX
TCAP
TRCO
TNET
TRN
TSE
GTS
TPVG
TRTN
TGI
TROX
TBI
TNP
TUP
TKC
TPB
TRQ
TPC
TWLO
TWTR
TWO
TYL
TSN
...
4.1
...
.6
...
4.1
2.1
2.2
...
4.0
...
1.3
1.6
...
.8
.7
7.8
2.4
...
1.9
.1
...
.1
.3
...
...
3.0
1.0
...
2.2
...
3.7
2.2
...
1.2
1.6
2.2
...
.2
.8
.9
...
.7
1.1
3.4
5.5
.8
1.6
...
...
2.1
4.0
...
...
6.9
...
...
...
2.4
1.9
...
2.4
...
...
12.6
2.4
...
1.6
2.1
...
10.7
5.4
.5
.9
...
4.5
4.4
...
...
...
...
...
...
10.3
...
1.3
18.31
40.71
52.00
17.90
52.20
19.78
46.01
17.50
30.73
34.67
78.00
61.49
25.09
39.20
34.29
36.10
152.95
60.90
59.68
116.93
16.70
30.63
83.04
2.73
120.44
139.98
56.61
41.83
124.79
200.76
13.21
32.79
41.79
11.28
37.31
14.30
33.30
9.00
22.19
23.71
51.96
24.26
18.38
15.92
14.80
26.03
116.67
38.41
38.58
87.06
6.90
15.29
51.34
1.74
102.12
70.58
42.37
16.17
97.62
133.03
UBS Group
UDR
UGI
UMH Prop
Unitil
USA Compression
US Cellular
USD Partners
US Foods
USG
US PhysTherapy
US Silica
UltraparPart
UnderArmour A
UnderArmour C
Unifi
Unifirst
Unilever
Unilever
UnionPacific
Unisys
Unit
UnitedContinental
UnitedMicro
UPS B
UnitedRentals
US Bancorp
US Steel
UnitedTech
UnitedHealth
UBS
UDR
UGI
UMH
UTL
USAC
USM
USDP
USFD
USG
USPH
SLCA
UGP
UAA
UA
UFI
UNF
UN
UL
UNP
UIS
UNT
UAL
UMC
UPS
URI
USB
X
UTX
UNH
3.5
3.3
2.1
4.6
2.9
12.6
...
12.4
...
...
1.3
.8
2.3
...
...
...
.1
2.8
2.9
2.1
...
...
...
3.3
2.8
...
2.2
.8
2.4
1.5
...
...
29
46
23
18
17
57
18
cc
dd
59
12
44
19
dd
13
79
dd
dd
62
dd
16
33
47
8
34
18
dd
24
dd
dd
25
29
dd
19
23
dd
dd
15
35
36
17
26
14
18
32
8
14
10
71
58
dd
28
17
dd
26
41
12
18
81
10
dd
34
27
cc
23
20
9
...
7
48
dd
63
16
21
20
16
10
52
14
dd
dd
7
58
15
9.40
7.50
159.18
241.97
15.84
10.79
34.30
27.89
64.52
28.31
16.43
66.20
60.67
33.79
37.29
45.02
81.75
36.18
2.86
17.60
404.10
17.15
53.88
189.20
17.99
15.60
45.88
125.91
13.39
209.90
29.08
19.30
91.78
11.99
13.50
102.45
48.55
16.50
10.15
41.47
38.00
65.17
80.09
62.06
56.27
53.52
65.50
27.20
10.00
119.17
5.85
49.43
27.20
255.65
42.71
10.76
20.31
47.26
122.52
15.70
13.30
18.00
67.73
90.07
14.28
40.86
33.62
31.90
67.10
23.68
13.40
33.28
29.75
21.10
22.45
4.49
61.82
8.82
17.00
3.10
28.40
29.85
16.87
10.08
174.32
70.45
–0.12
–0.21
–1.85
+0.20
–0.53
+0.01
–0.47
+0.12
+0.76
–0.54
+0.11
+2.85
+1.54
+0.82
+0.84
+2.06
+1.30
–0.17
+0.22
+0.41
+4.39
+0.15
+0.79
+0.90
+0.40
+0.05
–0.04
+10.97
–0.11
–0.86
+1.56
+0.59
+3.94
+0.54
+0.95
+0.05
–0.55
+1.05
–0.60
+1.72
+0.85
+3.69
+1.45
+0.44
+0.21
–0.50
–3.57
+2.05
–0.06
–1.46
...
–0.19
–0.32
–4.75
–0.30
+1.44
+0.31
+1.41
+0.48
+0.11
+0.55
+0.85
+1.73
+7.28
+0.25
+0.32
+0.38
+1.70
–0.25
+0.14
+0.25
+0.24
+1.70
–0.85
+0.95
–0.03
+2.79
+0.18
–0.32
–0.04
+1.00
–0.98
–0.74
–0.11
+0.92
+5.04
.88
.99
5.37
4.98
.73
.46
1.47
.39
3.38
.10
–1.93
2.59
6.31
.95
–.21
–1.63
7.56
.26
–1.85
.07
4.66
–.89
3.53
5.09
.45
.26
4.14
7.09
–.35
8.16
–440.43
–.62
3.55
.40
–.49
4.96
1.92
–2.39
–.81
2.18
1.05
1.92
4.49
2.06
3.53
2.51
1.73
1.82
.85
11.18
.31
.12
–.10
10.39
2.14
2.05
.39
.65
10.28
.13
.78
.75
–4.10
2.29
.94
.16
.85
2.25
6.84
...
.69
–.24
–.87
–.50
–.37
.47
4.41
.56
1.49
.10
1.92
–.78
–.65
1.01
2.82
4.53
.89
.89
5.69
8.28
.93
.86
1.79
.57
3.28
.55
.79
2.28
6.69
1.25
1.96
1.15
...
.64
–.19
4.31
...
.10
2.52
9.31
.43
2.64
2.42
8.12
.44
8.95
–5.09
2.09
3.97
.54
1.10
6.12
2.55
–.54
–.35
3.20
...
2.80
4.75
2.39
4.45
3.98
3.28
3.63
.94
11.19
–.03
2.38
...
12.30
2.77
–.23
.93
1.83
8.12
1.37
.31
...
3.18
2.99
1.67
1.27
1.49
1.25
6.70
...
1.53
2.57
2.49
.01
1.69
.24
4.70
.77
1.64
–.03
2.25
–.22
.31
1.06
3.86
5.06
.97
.97
6.60
9.60
1.12
.97
1.98
.40
3.78
.88
1.20
2.86
7.27
1.27
2.12
1.99
...
.46
...
4.00
...
.86
2.95
10.53
.63
2.17
2.61
8.95
.56
9.43
–4.58
–.19
4.30
.58
1.22
6.52
3.04
.83
.20
3.58
...
3.44
5.08
2.56
4.71
4.18
3.59
3.94
1.14
11.74
.06
2.63
...
13.59
2.93
–.93
2.27
2.06
9.62
1.53
.75
...
3.65
3.38
1.75
1.73
1.61
1.28
8.14
...
1.51
3.40
2.87
1.20
1.83
.69
5.10
.89
1.53
–.01
2.84
–.07
.34
.97
4.36
5.34
...
.3061
...
.34
.0594
.2231
.1466
.155
...
.56
...
.21
.25
...
.07
.08
1.60
.22
...
.085
1.00
...
.02
.15
...
...
.345
.33
...
1.175
...
.18
.50
.70
.04
.4025
.27
...
.005
.08
.09
...
.15
.175
.4797
.7416
.13
.11
...
...
.0314
.4995
...
22.00
.74
...
...
...
.72
.075
...
.11
...
...
.45
.25
...
.13
.36
...
.36
.45
.04
.045
...
.05
.68
.3248
...
...
...
...
...
.26
...
.225
16
cc
21
dd
24
cc
62
9
20
27
36
cc
29
34
31
20
28
27
26
21
dd
cc
8
21
30
20
16
cc
18
23
17.15
38.03
46.86
15.55
49.46
16.72
35.40
11.00
26.70
32.65
61.45
31.07
23.82
16.48
15.02
35.63
151.50
59.04
57.96
115.97
8.50
20.58
60.88
2.50
120.09
138.74
53.59
25.66
116.08
195.85
+0.17
+0.02
–0.20
+0.54
+0.61
+0.96
–0.26
+0.15
–0.13
+1.20
+2.15
–0.68
–1.07
+0.07
–0.02
+2.30
+7.35
+0.43
+0.52
+0.63
+0.25
+0.91
+2.08
–0.09
+2.42
+6.43
–0.08
+1.83
+1.07
+2.82
.86
1.08
2.08
–.09
1.94
.27
.56
1.06
1.03
3.46
1.64
–.63
.84
.45
.45
1.78
6.17
2.02
2.02
5.07
–.95
–2.71
6.85
.11
3.87
6.45
3.24
–2.81
6.12
7.25
1.30
.29
2.28
–.11
2.00
.23
.29
1.14
1.35
1.66
2.12
1.51
.88
.38
.38
1.87
5.00
2.63
2.59
5.78
–1.86
.52
6.16
.10
6.01
9.93
3.43
1.72
6.57
9.85
1.48
.35
2.48
.01
2.14
.50
.43
1.19
1.70
2.08
2.37
2.88
1.05
.44
.43
2.11
5.52
2.89
2.83
6.46
–.30
1.20
7.05
.12
6.48
10.75
3.79
2.28
6.87
10.88
.6004
.31
.25
.18
.36
.525
...
.34
...
...
.20
.0625
.2691
...
...
...
.0375
.414
.414
.605
...
...
...
.0822
.83
...
.30
.05
.70
.75
U
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
33.15
83.35
84.90
129.74
29.20
5.38
51.50
28.90
20.49
25.43
75.00
20.54
52.40
54.06
99.72
15.08
1.42
34.69
23.13
15.68
18.32
52.55
Univar
Universal
UniversalHealth
UniversalHealthB
UnivInsurance
UnvlTechInst
UnumGroup
UrbanEdgeProp
UrstadtBiddle
UrstadtProp A
UsanaHealth
UNVR
UVV
UHT
UHS
UVE
UTI
UNM
UE
UBP
UBA
USNA
...
3.8
3.5
.4
2.4
...
1.8
3.6
5.2
4.9
...
10.41
64.51
106.84
5.61
1.43
232.71
11.72
25.54
77.77
51.00
4.10
58.76
12.82
165.20
24.98
73.14
107.87
22.13
68.30
35.58
20.92
68.07
23.44
72.98
21.48
62.60
54.83
44.95
8.43
39.19
61.65
36.45
6.00
16.24
18.85
24.45
41.29
125.97
25.24
28.41
6.09
112.00
31.82
8.59
90.29
6.37
42.96
138.18
7.44
48.05
75.17
2.75
0.68
151.60
5.39
8.31
51.55
38.90
1.84
41.15
9.36
120.65
18.30
54.38
75.94
18.70
46.52
12.50
10.30
36.55
17.85
56.20
14.94
26.85
42.80
29.91
3.17
21.86
34.40
30.42
0.28
8.72
13.66
15.10
18.32
64.95
13.50
4.95
2.50
72.05
16.10
5.74
69.78
2.61
28.26
105.71
VEREIT
VF
Visa
VOC Energy
VaalcoEnergy
VailResorts
Vale
ValeantPharm
ValeroEnergy
ValeroEnergyPtrs
Valhi
Validus
ValleyNatlBncp
ValmontInds
Valvoline
Vantiv
VarianMed
VectorGroup
Vectren
Vectrus
Vedanta
VeevaSystems
VenatorMaterials
Ventas
VeriFoneSystems
Veritiv
Verizon
VermilionEnergy g
Verso
VersumMaterials
Viad
VinaConcha
VinceHolding
Vipshop
Vishay
VishayPrecision
VistaOutdoor
Visteon
VistraEnergy
VitaminShoppe
VivintSolar
VMware
VoceraComm
Vonage
VornadoRealty
voxeljet
VoyaFinancial
VulcanMaterials
VER
VFC
V
VOC
EGY
MTN
VALE
VRX
VLO
VLP
VHI
VR
VLY
VMI
VVV
VNTV
VAR
VGR
VVC
VEC
VEDL
VEEV
VNTR
VTR
PAY
VRTV
VZ
VET
VRS
VSM
VVI
VCO
VNCE
VIPS
VSH
VPG
VSTO
VC
VST
VSI
VSLR
VMW
VCRA
VG
VNO
VJET
VOYA
VMC
6.6
2.6
.6
11.8
...
1.8
5.6
...
3.6
4.2
3.3
3.1
3.7
.9
.8
...
...
7.8
2.6
...
11.3
...
...
4.8
...
...
4.8
6.0
...
.5
.7
1.3
...
...
1.3
...
...
...
...
...
...
...
...
...
3.1
...
.1
.8
152.61
3.69
67.20
122.91
86.89
37.42
70.38
16.17
24.16
93.81
22.45
80.50
53.43
81.99
8.11
27.62
12.49
33.96
70.72
78.82
190.39
161.86
160.15
71.05
84.19
7.09
57.50
49.32
39.59
68.88
23.46
184.88
59.99
26.45
78.17
15.78
76.15
99.91
57.50
53.84
11.18
47.82
67.44
26.85
22.70
84.58
26.25
6.90
27.05
60.36
68.48
35.50
28.29
202.99
96.10
1.31
53.66
97.26
58.66
24.82
55.77
8.39
10.74
69.20
15.02
55.65
23.61
65.28
0.30
15.10
7.31
27.65
47.81
61.08
133.35
128.60
128.86
58.35
27.60
3.39
36.96
9.55
29.03
41.30
14.93
113.34
43.55
12.00
59.39
6.95
48.95
70.17
49.20
35.56
9.43
38.71
48.04
18.85
18.39
48.92
19.25
2.10
22.17
43.79
49.90
28.58
16.94
145.91
WABCO
W&T Offshore
WEC Energy
WEX
WGLHoldings
WNS
W.P.Carey
WPX Energy
WabashNational
Wabtec
Waddell&ReedFin
WageWorks
Walker&Dunlop
Wal-Mart
WalterInvMgmt
WarriorMetCoal
WashingtonPrime
WashingtonREIT
WasteConnections
WasteMgt
Waters
Watsco
Watsco B
WattsWater
Wayfair
WeatherfordIntl
WebsterFin
WeightWatchers
WeingartenRealty
WeisMarkets
Welbilt
WellCareHealth
WellsFargo
WellsFargo Wt
Welltower
WescoAircraft
WescoIntl
WestPharmSvcs
WestarEnergy
WestAllianceBcp
WesternAssetMort
WesternGasEquity
WesternGasPtrs
WesternRefinLog
WesternUnion
WestlakeChem
WestlakeChemPtrs
WestmorelandRes
WestpacBanking
WestRock
Westwood
Weyerhaeuser
WheatonPrecMetals
Whirlpool
WBC
WTI
WEC
WEX
WGL
WNS
WPC
WPX
WNC
WAB
WDR
WAGE
WD
WMT
WAC
HCC
WPG
WRE
WCN
WM
WAT
WSO
WSOB
WTS
W
WFT
WBS
WTW
WRI
WMK
WBT
WCG
WFC
WFC/WS
HCN
WAIR
WCC
WST
WR
WAL
WMC
WGP
WES
WNRL
WU
WLK
WLKP
WMLP
WBK
WRK
WHG
WY
WPM
WHR
dd
43
23
15
8
dd
12
24
19
20
15
28.93
57.30
75.49
110.94
23.00
3.47
51.13
24.12
18.04
21.70
57.70
+0.87
+1.00
+2.01
+1.65
+1.75
+0.31
+1.01
+0.26
+0.18
+0.18
+1.15
–.50
.88
1.28
7.14
2.79
–2.02
3.95
.91
.56
.56
3.99
1.01
...
...
7.70
2.90
–.39
4.17
.91
.82
.82
3.79
1.55
...
...
8.38
3.43
–.05
4.40
.64
.61
.61
4.35
...
.54
.66
.10
.14
...
.23
.22
.235
.265
...
dd
24
40
8
dd
50
14
dd
19
15
22
14
17
20
18
55
33
55
24
15
20
68
...
39
dd
dd
13
78
0
22
19
20
dd
26
37
34
dd
31
0
dd
7
34
dd
cc
17
dd
dd
39
8.29
63.57
105.24
3.73
.82
228.12
10.07
14.33
76.93
43.72
2.43
49.21
12.05
158.10
23.45
70.47
100.06
20.47
65.77
30.84
19.36
56.41
22.60
65.13
20.28
32.50
49.49
35.58
5.09
38.82
60.90
33.71
.60
8.79
18.80
24.40
22.94
123.77
18.69
5.35
3.40
109.19
31.37
8.14
76.88
5.42
39.89
119.60
–0.11
+1.37
–0.32
+0.32
+0.04
–4.16
–0.09
+0.32
+2.64
+1.62
–0.01
+1.57
+0.66
+2.50
+0.25
–1.46
–5.13
+0.35
+0.61
+1.27
+0.12
+0.73
–0.28
–0.91
–0.17
+1.05
–0.41
–1.48
+0.13
+0.98
+2.70
+0.20
–0.03
–0.56
+0.70
+2.10
–0.18
–1.69
+0.54
...
–0.45
+0.04
+1.53
+0.19
+1.22
...
+0.42
+2.93
–.29
2.54
2.48
.28
–.45
4.01
.75
–6.94
4.94
2.38
–.05
4.36
.63
7.63
1.33
1.32
4.19
.52
2.55
2.16
1.11
.47
–.82
1.86
–.08
1.30
3.21
–1.04
33.32
1.95
2.09
1.91
–3.50
...
.32
.48
–4.66
2.12
53.06
1.04
.16
2.78
–.64
.08
4.34
–.67
–2.13
3.09
.03
2.97
3.42
...
...
5.89
1.21
3.66
4.32
3.03
...
3.85
.71
7.09
1.39
3.34
3.95
.64
2.62
1.89
1.72
.86
1.69
1.78
1.30
3.93
3.77
...
–1.24
1.91
2.76
1.72
...
.72
1.34
.92
1.24
6.11
.59
.79
–1.46
5.07
.16
.28
1.35
–1.60
3.33
3.35
–.03
3.35
4.00
...
...
6.89
1.01
3.55
5.53
3.41
...
4.08
.83
7.98
1.48
3.78
4.47
.66
2.80
2.03
2.19
1.01
2.50
1.87
1.57
4.04
3.82
...
.33
2.11
2.86
2.15
...
.84
1.38
1.12
1.61
6.85
.76
.77
–1.20
5.53
.51
.29
1.31
–.82
4.42
4.84
.1375
.42
.165
.11
...
1.053
.2831
...
.70
.455
.02
.38
.11
.375
.049
...
...
.40
.42
...
1.0983
...
...
.775
...
...
.59
.1775
...
.05
.10
.1128
...
...
.0625
...
...
...
2.32
...
...
...
...
...
.60
...
.01
.25
25
3
21
68
24
45
32
dd
15
27
13
56
12
19
dd
...
9
25
59
27
27
30
30
27
dd
dd
22
28
46
14
40
30
14
...
49
dd
29
41
21
19
13
25
33
24
49
24
16
dd
15
35
21
28
29
18
148.00
3.05
62.78
112.22
84.20
36.50
67.39
11.50
22.82
75.75
20.07
60.70
52.33
78.14
.59
23.57
8.33
32.76
69.96
78.27
179.52
161.07
160.15
69.20
67.40
4.58
52.55
43.55
31.74
43.50
23.05
171.74
55.15
21.56
70.28
9.40
58.25
96.26
49.60
53.08
10.47
41.18
51.28
25.80
19.20
83.09
22.70
2.97
25.22
56.73
67.27
34.03
19.09
184.44
–2.14
+0.20
–0.83
–0.19
–0.43
–0.77
–1.24
+0.29
+1.53
–0.50
+1.35
+1.90
+3.10
–1.39
–0.03
+0.22
+0.21
+0.16
+0.10
+0.07
–1.64
+2.52
+5.23
+0.40
–7.19
+0.32
+2.22
+0.80
–0.02
+0.89
+0.54
+4.58
+0.90
+0.74
–0.68
+0.05
+2.10
+1.05
–0.09
+2.39
–0.28
+1.92
+1.74
+1.05
+0.21
+2.30
–1.25
–0.01
–0.14
+1.06
+3.88
+0.45
–0.14
+9.21
3.98
–2.60
2.96
1.48
3.31
.75
2.49
–2.05
1.82
3.34
1.78
.54
3.65
4.38
–23.18
–13.15
.29
1.65
1.07
2.65
6.41
5.15
5.15
2.44
–2.29
–3.82
2.16
1.03
1.87
3.24
.57
5.43
3.99
...
2.81
.93
2.10
1.91
2.43
2.50
–.61
1.53
1.74
1.16
.51
3.06
1.50
–1.51
1.65
–1.54
2.77
1.39
.45
11.50
6.30
.53
3.11
5.27
3.20
1.99
2.30
–.50
1.45
3.52
1.44
1.75
4.36
4.37
–2.07
6.73
.94
.36
2.13
3.19
7.38
5.78
5.78
2.97
–1.49
–1.02
2.54
1.54
1.23
...
.77
7.01
4.15
...
2.30
.69
3.74
2.68
2.50
3.05
1.22
1.55
1.74
1.29
1.76
4.95
1.57
...
1.88
2.68
...
1.07
.61
14.63
7.22
.39
3.29
6.17
3.57
2.22
2.42
–.13
1.49
4.14
1.57
1.95
4.38
4.63
–1.53
2.82
.19
.45
2.41
3.50
8.02
6.46
6.46
3.25
–.77
–.45
2.81
1.89
1.03
...
.93
8.00
4.42
...
2.02
.76
4.20
2.92
2.60
3.54
1.36
1.87
2.64
1.62
1.79
5.55
1.79
...
1.94
3.67
...
1.36
.66
17.11
...
...
.52
...
.51
...
1.005
...
.06
.12
.46
...
...
.51
...
.05
.25
.30
.12
.425
...
1.25
1.25
.19
...
...
.26
...
.385
.30
...
...
.39
...
.87
...
...
.14
.40
...
.31
.5275
.89
.4675
.175
.21
.365
.1333
.6889
.40
.62
.31
.10
1.10
V
W
...
...
3.3
...
2.4
...
6.0
...
1.1
.6
9.2
...
...
2.6
...
.8
12.0
3.7
.7
2.2
...
3.1
3.1
1.1
...
...
2.0
...
4.9
2.8
...
...
2.8
...
5.0
...
...
.6
3.2
...
11.8
5.1
6.9
7.2
3.6
1.0
6.4
18.0
5.5
2.8
3.7
3.6
2.1
2.4
October 2, 2017
BARRON’S
M21
Nasdaq Issues
Nasdaq Issues includes stocks traded on the Nasdaq Global Select and Nasdaq Global Market tiers. They are eligible for inclusion on the
basis of SEC-approved market value of publicly-held shares, trading volume, price and number of market-makers.
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
A
38.20
40.83
24.65
18.95
22.34
4.87
36.83
67.61
69.40
21.66
69.85
132.74
27.02
31.52
46.00
171.53
5.24
87.82
4.24
20.50
9.50
55.95
171.00
116.50
7.68
54.34
41.69
33.18
6.39
4.70
22.46
27.79
8.25
33.25
33.00
66.58
15.50
30.40
23.84
9.29
40.75
2.08
157.89
24.35
15.53
67.95
12.25
86.25
12.66
4.55
59.50
26.68
10.34
2.50
61.30
54.70
6.89
2.95
7.95
12.14
67.74
9.05
1.25
14.66
27.31
25.91
3.47
71.64
31.23
19.73
34.00
45.93
2.61
14.73
2.90
34.30
149.34
34.80
190.04
1.72
63.40
40.45
182.25
27.45
20.68
15.11
6.03
17.30
2.81
16.00
46.17
51.20
14.75
42.23
82.28
20.00
24.75
25.73
98.71
2.96
49.50
0.50
14.65
4.35
43.66
95.14
38.50
2.90
32.54
23.07
22.73
3.60
1.95
10.27
3.68
3.15
20.15
13.60
35.12
11.20
21.80
12.10
3.76
24.40
1.32
98.00
17.55
8.75
23.50
7.35
45.47
3.90
2.40
24.85
17.85
2.81
0.78
32.05
22.16
0.98
1.65
1.82
8.17
39.24
1.96
0.05
10.37
14.19
12.94
1.35
44.65
8.10
7.16
17.61
26.68
1.49
10.20
0.83
8.60
96.18
25.01
83.27
1.03
41.93
25.16
111.54
AAON
ACADIA Pharm
ACI Worldwide
AC Immune
AGNC Invt
ALJ Regional
AMAG Pharm
AMC Networks
Amerisafe
A-MarkPrecMetals
ANI Pham
Ansys
ARKRestaurants
ARRIS Intl
ASBBancorp
ASML
ATA
ATN Intl
AVEO Pharma
AVHomes
AXT
Abaxis
Abiomed
AcaciaComms
AcaciaResearch
AcadiaHealthcare
AcceleronPharma
AccessNational
Accuray
AcelRxPharm
Aceto
Achaogen
AchillionPharm
AclarisTherap
AcordaTherap
ActivisionBliz
Actua
Acxiom
AdamasPharm
AdaptimmuneTher
AddusHomeCare
ADDvantage
AdobeSystems
Adtran
AduroBiotech
AdvAcceltrApp
AdvEmissions
AdvEnergyInds
Advaxis
AdverumBiotech
AdvisoryBoard
Aegion
AegleaBioTherap
Aemetis
AeriePharm
AeroVironment
AeviGenomic
Affimed
AgileTherap
Agilysys
AgiosPharm
AgroFresh
AgroFresh Wt
AileronTherap
AimmuneTherap
AirTransportSvcs
AirMedia
AkamaiTech
AkceaTherap
AkebiaTherap
Akorn
Alarm.com
AlaskaCommSys
AlcentraCapital
Alcobra
AlderBioPharm
AlexionPharm
Alico
AlignTech
AlimeraSciences
Alkermes
AllegianceBcshs
AllegiantTravel
AAON
ACAD
ACIW
ACIU
AGNC
ALJJ
AMAG
AMCX
AMSF
AMRK
ANIP
ANSS
ARKR
ARRS
ASBB
ASML
ATAI
ATNI
AVEO
AVHI
AXTI
ABAX
ABMD
ACIA
ACTG
ACHC
XLRN
ANCX
ARAY
ACRX
ACET
AKAO
ACHN
ACRS
ACOR
ATVI
ACTA
ACXM
ADMS
ADAP
ADUS
AEY
ADBE
ADTN
ADRO
AAAP
ADES
AEIS
ADXS
ADVM
ABCO
AEGN
AGLE
AMTX
AERI
AVAV
GNMX
AFMD
AGRX
AGYS
AGIO
AGFS
AGFSW
ALRN
AIMT
ATSG
AMCN
AKAM
AKCA
AKBA
AKRX
ALRM
ALSK
ABDC
ADHD
ALDR
ALXN
ALCO
ALGN
ALIM
ALKS
ABTX
ALGT
.8
...
...
...
10.0
...
...
...
1.4
1.9
...
...
4.1
...
...
.8
...
1.3
...
...
...
1.3
...
...
...
...
...
2.1
...
...
2.3
...
...
...
...
.5
...
...
...
...
...
...
...
1.5
...
...
9.1
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
12.7
...
...
...
.7
...
...
...
...
2.1
36
dd
cc
dd
4
12
dd
13
17
17
cc
39
23
44
cc
...
dd
39
dd
13
46
32
cc
14
dd
cc
dd
26
dd
dd
32
dd
dd
dd
dd
cc
dd
dd
dd
dd
25
dd
47
29
dd
dd
2
20
dd
dd
20
17
dd
...
dd
64
dd
dd
dd
dd
dd
dd
...
...
dd
dd
dd
28
...
dd
34
cc
dd
dd
dd
dd
61
46
64
dd
dd
22
12
34.48
37.67
22.78
11.17
21.68
3.46
18.45
58.47
58.20
16.51
52.49
122.73
24.37
28.49
45.10
171.20
4.85
52.70
3.65
17.15
9.15
44.65
168.60
47.10
4.55
47.76
37.32
28.66
4.00
4.60
11.23
15.95
4.49
25.81
23.65
64.51
15.30
24.64
21.17
8.19
35.30
1.38
149.18
24.00
10.65
67.62
10.97
80.76
4.18
3.65
53.63
23.28
4.93
.87
48.60
54.12
1.26
2.25
4.46
11.95
66.75
7.03
.55
13.38
24.79
24.34
2.49
48.72
27.67
19.67
33.19
45.18
2.27
10.71
1.01
12.25
140.29
34.15
186.27
1.35
50.84
36.80
131.70
+1.18
+0.08
–0.25
+0.93
+0.08
+0.16
+0.25
–0.61
+0.85
–0.14
+2.45
+0.68
+0.83
+0.33
+1.90
+5.24
...
+1.95
+0.05
+0.55
+0.50
–0.19
+4.64
+0.29
–0.40
+1.74
+2.49
+1.41
–0.50
+1.25
+0.07
+0.11
+0.38
+0.30
+0.20
+0.61
+2.95
+0.30
–0.20
+0.26
+1.25
–0.07
+0.68
+1.35
–0.15
+12.57
+0.58
+4.62
–0.39
+0.25
+0.13
+0.47
+0.07
–0.05
–2.35
+2.43
+0.02
+0.15
+0.45
+1.33
+0.68
–0.07
–0.03
+0.59
+1.17
–0.96
–0.02
+0.39
+1.05
+2.10
+0.13
+0.43
+0.07
–0.17
–0.11
+1.40
–2.53
+0.95
–1.73
–0.03
+0.47
+0.80
+1.60
1.00
–2.34
1.09
–.14
1.79
.30
–.07
3.74
4.05
1.00
.34
2.99
1.15
.09
.33
4.04
–.06
.75
–.39
5.66
.17
1.44
1.17
3.22
–1.08
.07
–1.52
1.54
–.36
–.95
.35
–3.00
–.45
–2.25
–.76
1.28
1.91
.05
–2.77
–1.01
1.06
.03
2.32
.72
–1.40
–.68
4.34
3.18
–2.08
–3.14
2.23
.84
–2.22
...
–3.40
.54
–1.19
–1.07
–1.02
–.52
–5.07
–2.26
...
–1.91
–1.89
.37
–1.04
1.79
–2.88
–3.60
1.47
.21
.05
.65
–.89
–3.23
1.76
.84
2.33
–.63
–1.38
1.75
13.21
.99
–2.55
.39
–.63
2.53
...
4.80
6.49
3.16
1.30
3.84
3.87
...
2.54
...
5.10
...
1.25
–.44
.66
.26
1.14
2.16
1.87
.02
2.45
–2.70
1.37
–.19
–1.13
1.34
–2.95
–.69
–2.97
1.57
2.12
–.12
.80
–3.77
–1.12
1.59
...
4.20
.99
–1.25
–.71
2.21
4.55
–2.23
–1.25
1.89
1.15
–2.03
–1.20
–2.70
.61
–.85
–.80
–1.00
–.39
–7.06
.11
...
–1.92
–2.64
.86
...
2.52
–.75
–2.65
1.05
.97
...
1.35
–.50
–5.54
5.58
...
3.40
–.21
–.04
1.88
9.11
1.40
–1.87
.58
–.76
2.42
...
1.86
6.88
3.04
...
4.56
4.12
...
2.95
...
6.35
...
.88
–.31
1.09
.41
1.37
2.65
2.57
.33
2.82
–2.58
1.82
–.09
–.84
1.40
–2.96
–.55
–3.09
.67
2.53
.09
1.05
–3.37
–1.00
1.85
...
5.20
1.18
–1.48
–.06
3.84
4.58
–2.35
–1.27
2.05
1.31
–2.19
–.85
–2.33
.78
–.75
–.75
–.86
.35
–7.56
...
...
–1.87
–3.21
1.13
...
2.69
–.56
–1.74
1.16
.97
.06
1.36
–.49
–3.63
7.12
...
4.05
–.08
.38
2.43
10.78
.13
...
...
...
.18
...
...
...
.20
.08
...
...
.25
...
...
1.3072
.41
.17
...
...
...
.14
...
...
...
...
...
.15
...
...
.065
...
...
...
...
.30
...
...
...
...
...
...
...
.09
...
...
.25
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.34
...
...
...
.06
...
...
...
...
.70
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
32.70
26.65
30.31
5.67
14.45
62.95
119.02
23.93
1008.61
988.25
9.65
32.80
67.61
35.00
46.99
48.95
4.47
1083.31
27.25
15.50
74.95
67.98
65.91
398.94
6.25
54.48
42.50
131.99
28.57
27.20
51.10
15.99
12.10
8.55
107.30
47.75
51.28
4.25
191.10
16.06
12.48
21.75
13.06
28.48
18.15
90.49
95.85
37.62
27.50
44.90
13.28
18.85
59.28
27.36
61.00
21.88
6.82
48.40
28.65
164.94
10.85
52.28
103.41
4.33
22.12
3.00
19.97
5.90
10.73
7.85
33.95
99.47
18.55
16.30
27.86
17.87
25.00
69.03
5.68
5.00
1.82
13.40
40.49
7.74
41.90
8.19
AHGP
ARLP
AMOT
ALLT
MDRX
AFAM
ALNY
AOSL
GOOGL
GOOG
ATEC
ALPN
AABA
ALT
ASPS
AIMC
AMRN
AMZN
AMBC
AMBCW
AMBA
DOX
AMED
UHAL
ATAX
AAL
AMNB
ANAT
AOBC
APEI
ARII
AMRB
AMSWA
AMSC
AMWD
CRMT
ABCB
ASRV
AMGN
FOLD
AMKR
AMPH
ASYS
AFSI
AMRS
ADI
ALOG
ANAB
ANCB
ANDE
ANGI
ANGO
ANIK
ANTH
APOG
APEN
AINV
APPF
APPN
AAPL
AGTC
AMAT
AAOI
AREX
APTI
APVO
AQXP
ARLZ
PETX
ABUS
ARCB
ACGL
APLP
ARDX
ARNA
ARCC
ARGX
AGII
ARGS
ARTX
ARQL
ARRY
AROW
ARWR
ARTNA
ASNA
22.71
17.65
15.54
4.50
9.80
35.89
31.38
14.81
743.59
727.54
1.58
7.20
38.24
2.01
16.17
27.35
2.75
710.10
15.67
6.98
40.06
54.91
34.58
307.80
5.10
35.86
26.41
110.43
13.28
14.75
34.30
10.59
9.00
2.89
69.65
30.20
34.12
3.10
133.64
4.41
8.32
12.05
3.99
11.36
1.86
59.54
66.00
15.17
23.70
30.80
5.22
14.80
41.38
1.20
39.88
3.55
5.65
18.27
14.60
104.08
3.50
27.56
18.85
1.93
10.77
1.15
9.83
0.95
4.97
2.35
16.95
76.47
12.43
4.05
11.30
15.01
17.33
54.40
0.17
2.25
0.92
5.36
29.67
1.20
26.72
1.65
AllianceHldgsGP
AllianceResource
AlliedMotionTech
AllotComms
AllscriptsHlthcr
AlmostFamily
AlnylamPharm
Alpha&OmegaSem
Alphabet A
Alphabet C
Alphatec
AlpineImmune
Altaba
Altimmune
AltisourcePortf
AltraIndlMotion
Amarin
Amazon.com
AmbacFin
AmbacFinWt
Ambarella
Amdocs
Amedisys
Amerco
AmerFirstMultifam
AmericanAirlines
AmNtlBcsh
AmericanNatlIns
AmerOutdoor
AmericanPubEdu
AmRailcarInd
AmRvrBksh
AmerSoftware
AmerSupercond
AmericanWoodmark
AmerCarMart
AmerisBancorp
AmeriServFin
Amgen
AmicusTherap
AmkorTech
AmphastarPharm
AmtechSystems
AmTrustFinSvcs
Amyris
AnalogDevices
Analogic
AnaptysBio
AnchorBancorp
Andersons
Angie'sList
AngioDynamics
AnikaTherap
AntheraPharm
ApogeeEnt
ApolloEnd
ApolloInv
AppFolio
Appian
Apple
AppliedGenetic
AppliedMaterials
AppliedOptoelec
ApproachRscs
Apptio
AptevoTherap
AquinoxPharm
AralezPharm
AratanaTherap
ArbutusBiopharma
ArcBest
ArchCapital
ArchrockPtrs
Ardelyx
ArenaPharm
AresCapital
arGEN-X
ArgoGroup
ArgosTherap
Arotech
ArQule
ArrayBioPharma
ArrowFinancial
ArrowheadPharm
ArtesianRscs A
AscenaRetail
10.5
10.3
.4
...
...
...
...
...
...
...
...
...
...
...
...
1.4
...
...
...
...
...
1.4
...
...
8.3
.8
2.3
2.8
...
...
4.1
1.4
3.9
...
...
...
.8
1.5
2.5
...
...
...
...
5.1
...
2.1
.5
...
...
1.9
...
...
...
...
1.2
...
9.8
...
...
1.6
...
.8
...
...
...
...
...
...
...
...
1.0
...
8.0
...
...
9.3
...
1.8
...
...
...
...
2.8
...
2.5
...
8
5
29
dd
dd
36
dd
29
35
35
dd
dd
dd
0
92
42
dd
cc
dd
...
32
22
48
19
19
12
22
16
10
22
14
15
22
dd
22
16
21
15
17
dd
10
cc
cc
11
dd
41
dd
dd
26
dd
dd
cc
26
dd
18
...
15
cc
dd
18
49
18
16
dd
dd
dd
dd
dd
dd
dd
39
18
dd
dd
dd
13
...
11
dd
dd
dd
dd
18
dd
26
dd
27.81
19.35
25.34
5.39
14.23
53.70
117.49
16.49
973.72
959.11
2.26
11.60
66.24
2.32
25.87
48.10
3.50
961.35
17.26
8.16
49.01
64.32
55.96
374.90
6.05
47.49
41.20
118.08
15.25
21.05
38.60
13.84
11.36
4.54
96.25
41.13
48.00
4.00
186.45
15.08
10.55
17.87
11.98
13.46
3.20
86.17
83.75
34.95
24.75
34.25
12.46
17.09
58.00
1.44
48.26
4.68
6.11
47.95
28.46
154.12
3.95
52.09
64.67
2.51
18.47
2.29
14.19
2.29
6.13
6.20
33.45
98.50
14.26
5.60
25.50
16.39
22.61
61.50
.18
4.20
1.11
12.30
34.35
4.33
37.80
2.45
+1.10
+0.80
–0.04
+0.26
+0.50
+6.55
+3.69
+0.79
+30.46
+30.58
+0.07
+0.05
–1.10
–0.16
+0.78
+0.45
+0.21
+6.25
–0.56
–0.29
+2.05
+0.16
+3.85
+1.64
–0.10
+0.43
+1.80
+0.44
+0.24
+1.75
+1.48
+0.28
+0.56
+0.40
+3.60
+0.27
+2.60
+0.05
+0.69
+0.47
+0.49
+1.77
+0.47
+0.18
–0.30
+1.25
+2.60
+0.85
–0.65
+0.30
–0.17
–0.77
+1.31
+0.04
+1.75
+0.09
+0.22
+1.80
+5.58
+2.23
+0.30
+4.32
+0.87
–0.16
+1.05
+0.34
+0.44
+0.49
–0.08
–0.35
+2.75
+0.40
+0.01
+0.30
+0.41
+0.54
+1.11
+0.70
...
+0.15
–0.03
+0.98
+1.45
+0.78
+0.79
+0.35
3.11
3.39
1.00
–.24
–.14
1.71
–4.79
.59
27.85
27.85
–3.49
–8.12
–.23
29.50
1.53
.97
–.41
4.90
1.64
...
1.68
2.71
1.10
20.34
.34
4.81
1.89
6.71
2.25
1.49
3.74
.94
.49
–1.98
4.34
2.49
2.08
.12
10.24
–1.49
.69
.22
–.53
2.08
–6.60
2.76
–5.96
–1.62
.97
.41
–.13
.14
2.15
–12.88
2.97
...
.08
–.25
–.39
8.31
.02
1.54
1.76
–1.26
–1.61
–5.55
–1.96
–1.74
–.95
–7.24
.71
5.33
–.18
–2.80
–.90
1.51
...
4.75
–1.66
–.11
–.33
–.72
1.91
–1.34
1.41
–5.48
3.20
2.98
1.00
–.24
.62
2.36
–5.31
1.03
30.58
30.58
–.89
–2.51
.80
...
2.83
2.04
–.21
3.80
2.18
...
1.89
3.81
2.21
20.36
.35
4.69
1.99
...
1.13
1.02
2.22
.79
.38
–2.24
4.92
3.07
2.52
...
12.56
–1.31
.54
.27
.23
1.39
–4.04
4.62
2.79
–1.92
1.35
1.44
–.07
.67
1.99
–3.68
3.38
...
.63
.32
–.47
8.99
–.86
3.21
5.32
–.40
–.37
...
–2.12
–1.62
–1.09
–1.45
1.31
5.23
.37
–2.19
–2.94
1.40
–1.08
3.92
–1.19
.18
–.43
–.99
2.09
–.42
...
.20
2.30
2.18
1.25
–.08
.74
2.61
–5.32
1.16
40.14
40.14
.03
–2.28
.76
...
2.42
2.31
–.06
8.12
5.19
...
1.67
4.09
2.43
22.50
.35
5.22
2.40
...
1.69
.97
2.39
.86
.38
–.77
5.28
3.46
3.15
...
12.79
–.99
.77
.67
.54
1.75
–.55
4.89
3.28
–2.95
1.50
2.39
.02
.74
1.88
–3.10
4.01
...
.66
.45
–.50
10.94
–1.58
3.62
5.70
–.35
–.09
...
–2.21
–1.04
–.44
–1.34
1.76
6.06
.93
–2.14
–2.73
1.61
–1.69
4.12
...
.31
–.43
–.53
2.35
–.66
...
.26
.73
.50
.025
...
...
...
...
...
...
...
...
...
...
...
...
.17
...
...
...
...
...
.22
...
1.00
.125
.10
.24
.82
...
...
.40
.05
.11
...
...
...
.10
.015
1.15
...
...
...
...
.17
...
.45
.10
...
...
.16
...
...
...
...
.14
...
.15
...
...
.63
...
.10
...
...
...
...
...
...
...
...
.08
...
.285
...
...
.38
...
.27
...
...
...
...
.2427
...
.2317
...
FIVE-DAY NASDAQ COMPOSITE
Hot DRAM: Chip maker Micron Technology had scorching sales growth. BlackBerry’s turnaround continued. The Nasdaq Composite Index ended Friday at 6,496—up 1.1% for the
week and 20.7% for the first nine months of the year.
Monday
Tuesday
Wednesday
Thursday
Friday
6520
6475
6430
(Prev Fri's
Close)
6385
-56.33
6340
10
12
+9.57
2
4pm
10
12
+73.10
2
4pm
10
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
42.00
24.75
3.10
64.87
10.85
73.37
41.03
15.65
23.00
158.66
20.79
4.65
20.20
8.89
22.87
3.54
68.70
19.15
39.25
25.18
691.95
5.35
37.81
33.43
7.26
10.54
1.77
119.73
121.77
13.25
101.67
24.14
7.97
5.15
41.53
6.70
27.40
28.99
27.98
9.11
17.15
8.87
2.01
45.47
6.15
45.70
23.95
12.50
11.80
90.11
11.21
3.15
13.80
6.25
16.55
2.14
40.25
12.15
23.80
14.78
410.80
2.10
27.14
13.13
5.07
2.02
0.60
67.15
85.48
8.14
40.49
8.42
3.99
0.21
20.71
4.41
11.05
21.18
6.13
3.53
AscendisPharma
AscentCapital A
AsiaPacificWire
AspenTech
AstaFunding
AstecIndustries
Astronics
AstroNova
AtaraBiotherap
AthenaHealth
Athenex
AtlanticAmerican
AtlCapitalBcshs
AtlanticCoastFin
AtlanticaYield
Atlanticus
AtlasAir
AtlasFinancial
Atlassian
AtriCure
Atrion
aTyrPharma
AuburnNatlBncp
AudentesTherap
AudioCodes
AuriniaPharm
AurisMedical
Autodesk
ADP
AvadelPharm
AveXis
AviatNetworks
AvidTechnology
Avinger
AvisBudget
Aware
AxcelisTechs
AxonEnterprise
AxovantSciences
AxsomeTherap
ASND
ASCMA
APWC
AZPN
ASFI
ASTE
ATRO
ALOT
ATRA
ATHN
ATNX
AAME
ACBI
ACFC
ABY
ATLC
AAWW
AFH
TEAM
ATRC
ATRI
LIFE
AUBN
BOLD
AUDC
AUPH
EARS
ADSK
ADP
AVDL
AVXS
AVNW
AVID
AVGR
CAR
AWRE
ACLS
AAXN
AXON
AXSM
17.05
24.27
14.50
47.55
23.90
90.69
21.30
248.00
89.50
26.95
27.70
11.01
12.20
8.36
28.00
15.45
66.93
12.10
159.54
67.71
21.41
21.20
BCB Bancorp
BCommunications
BGC Partners
BJsRestaurants
BMC Stock
BOK Fin
B RileyFin
Baidu
Balchem
Baldwin&Lyons A
Baldwin&Lyons B
BCBP
BCOM
BGCP
BJRI
BMCH
BOKF
RILY
BIDU
BCPC
BWINA
BWINB
...
...
...
...
...
.7
...
2.2
...
...
...
.6
...
...
5.3
...
...
...
...
...
.7
...
2.6
...
...
...
...
...
2.1
...
...
...
...
...
...
...
...
...
...
...
dd
dd
9
30
dd
27
22
30
dd
cc
...
29
35
21
64
dd
39
84
dd
dd
38
dd
16
dd
13
dd
dd
dd
28
12
dd
dd
91
dd
53
39
30
71
dd
dd
36.25
13.04
3.00
62.81
7.55
56.01
29.75
13.00
16.55
124.36
17.51
3.25
18.15
8.81
19.70
2.35
65.80
18.90
35.15
22.37
672.00
5.05
35.00
28.01
7.14
6.27
.82
112.26
109.32
10.50
96.73
17.01
4.54
.38
38.06
4.65
27.35
22.67
6.88
5.55
+2.01
+1.45
+0.05
–1.13
–0.25
+2.51
+0.65
...
+0.90
+0.70
+0.68
–0.05
+0.25
+0.04
–0.22
–0.08
–1.80
+0.60
–0.02
+0.38
+20.70
+1.00
–1.49
+0.70
+0.20
+0.05
+0.01
+0.48
+1.16
+0.89
+4.62
+0.33
+0.06
+0.14
–0.38
–0.05
+2.40
+0.02
–18.11
...
–2.85
–7.44
.21
2.11
.63
2.38
1.61
.56
–2.75
.52
–1.54
.11
.53
.42
–.05
–.46
1.65
.19
–.19
–1.05
14.85
–2.44
2.24
–5.59
.46
–.66
–.90
–2.61
3.85
–1.00
–3.67
–.16
1.20
–3.39
1.75
.18
.36
.32
–1.82
–1.42
–3.77
–9.68
...
1.99
...
2.50
1.48
...
–3.89
1.92
–2.23
...
.67
.35
.39
...
4.83
1.65
.44
–.95
...
–1.97
...
–3.47
.35
–.94
–.65
–.53
3.82
.42
–5.89
...
.34
...
2.59
...
1.27
.25
–2.09
–1.38
–3.26
–8.87
...
2.21
...
3.23
1.83
...
–4.14
2.46
–1.69
...
.90
.52
.54
...
5.28
1.98
.59
–.71
...
–1.82
...
–3.66
.40
–.63
–.45
1.14
4.26
.10
–5.76
...
.24
...
3.25
...
1.71
.47
–2.02
–.91
...
...
...
...
...
.10
...
.07
...
...
...
.02
...
...
.26
...
...
...
...
...
1.20
...
.23
...
...
...
...
...
.57
...
...
...
...
...
...
...
...
...
...
...
17
dd
36
18
34
19
9
45
42
cc
cc
13.95
14.51
14.47
30.45
21.35
89.08
17.05
247.69
81.29
22.96
22.55
+1.05
–0.99
+0.95
+0.55
+0.20
+4.20
+0.30
+7.12
+1.17
+0.46
+0.95
.63
–2.06
.36
1.88
.46
3.53
1.17
...
1.75
1.92
1.92
.86
...
.99
1.62
1.08
5.39
...
6.99
2.47
–.60
–.60
1.02
...
1.10
1.78
1.44
5.57
...
9.03
2.75
1.10
1.10
.14
...
.18
...
...
.44
.05
...
.38
.27
.27
B
4.0
...
5.0
...
...
2.0
1.9
...
.5
4.7
4.8
12
+0.19
2
4pm
10
+42.51
12
2
4pm
10
12
2
4pm
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
5.27
57.90
10.25
11.90
39.00
56.86
16.89
38.50
61.50
40.65
66.93
41.30
6.14
52.12
10.95
18.19
48.83
103.80
28.12
33.60
1.98
23.11
19.00
42.49
20.35
124.00
9.25
330.00
100.51
3.43
58.79
39.20
64.41
17.05
93.81
11.74
46.70
40.28
8.38
22.16
25.95
20.75
28.96
19.75
143.50
7.55
71.67
78.18
32.57
22.00
22.35
1.98
17.88
11.66
32.33
BLDP
BANF
BKMU
BOCH
BPRN
OZRK
BFIN
BWFG
BANR
BZUN
BBSI
BSET
BV
BECN
BSF
BBGI
BBBY
BGNE
BELFA
BELFB
BLPH
BLCM
BNCL
BNFT
BGFV
TECH
BCRX
BIIB
BMRN
BIOS
BSTC
BEAT
BIVV
BBOX
BLKB
BBRY
HAWK
BL
BKCC
BLMN
BCOR
BLBD
BUFF
BHBK
BLUE
BKEP
BPMC
BOBE
BOFI
WIFI
BOJA
BONT
BPFH
BPFHW
EPAY
1.61
34.06
7.53
7.00
29.43
35.53
12.15
23.00
43.20
10.87
42.59
22.55
3.80
39.57
8.65
4.75
22.10
26.43
18.27
21.65
0.43
7.41
14.05
24.55
7.10
95.68
3.75
244.28
78.42
0.98
41.00
15.25
40.00
2.85
55.88
6.65
29.61
21.66
6.75
15.82
10.98
13.85
21.51
14.51
37.05
5.30
25.08
36.98
17.95
9.39
12.85
0.31
12.45
4.76
21.52
BallardPower
BancFirst
BankMutual
BankofCommerce
BankofPrinceton
BankofOzarks
BankFinancial
BankwellFin
Banner
Baozun
BarrettBus
BassettFurniture
Bazaarvoice
BeaconRoof
BearStateFin
BeasleyBroadcast
BedBath
BeiGene
BelFuse A
BelFuse B
BellerophonTherap
BellicumPharm
BeneficialBncp
Benefitfocus
Big5SportingGoods
Bio-Techne
BioCryst
Biogen
BioMarinPharm
BioScrip
BioSpecificsTech
BioTelemetry
Bioverativ
BlackBox
Blackbaud
BlackBerry
BlackhawkNtwk
BlackLine
BlackRockCapInvt
BloominBrands
Blucora
BlueBird
BlueBuffaloPet
BlueHillsBncp
bluebirdbio
BlueknightEner
BlueprintMed
BobEvansFarms
BofI
BoingoWireless
Bojangles'
BonTonStores
BostonPrivFin
BostonPrvtFnl Wt
Bottomline
...
1.5
2.2
1.0
...
1.5
1.8
.8
1.6
...
1.8
1.2
...
...
1.2
1.5
2.6
...
.9
.9
...
...
1.4
...
7.8
1.1
...
...
...
...
...
...
...
14.8
.5
...
...
...
9.6
1.8
...
...
...
3.1
...
10.2
...
1.8
...
...
...
...
2.7
...
...
dd
22
28
17
13
17
32
20
21
cc
24
22
dd
31
18
6
6
dd
22
21
dd
dd
35
dd
7
62
dd
21
dd
dd
28
22
14
dd
86
13
dd
dd
dd
20
cc
32
40
27
dd
dd
dd
dd
14
dd
14
dd
19
...
dd
4.68
56.75
10.15
11.50
31.99
48.05
15.89
36.94
61.28
32.76
56.53
37.70
4.95
51.25
10.26
11.70
23.47
103.46
27.19
31.20
1.42
11.55
16.60
33.65
7.65
120.89
5.24
313.12
93.07
2.75
46.52
33.00
57.07
3.25
87.80
11.18
43.80
34.12
7.50
17.60
25.30
20.60
28.35
19.20
137.35
5.70
69.67
77.51
28.47
21.37
13.50
.43
16.55
10.00
31.83
–0.13
+2.55
+0.35
+0.70
+0.59
+2.49
–0.17
+3.01
+2.67
–4.97
+2.21
+0.70
+0.10
+1.34
...
+0.60
+0.96
+18.32
+4.29
+4.10
+0.30
+0.14
+0.55
+2.35
+0.30
–0.51
...
–5.34
–1.88
+0.33
+0.36
+1.00
+0.46
+0.25
+2.83
+2.05
+0.45
+0.63
+0.25
+0.36
+0.35
+1.85
+0.99
–0.20
+8.60
–0.15
+7.39
+0.26
+1.40
+0.89
–0.25
–0.01
+0.95
+0.41
+0.01
–.13
2.22
.37
.39
2.36
2.58
.39
1.62
2.52
...
2.55
1.46
–.19
1.49
.46
1.98
4.58
–3.89
–5.48
–5.48
–1.58
–2.57
.34
–1.35
.77
2.03
–.75
16.93
–3.81
–.54
1.56
1.75
4.07
–.47
.88
–2.30
.08
–.92
–1.16
.37
–1.57
.14
.65
.35
–7.07
–.87
–2.64
6.28
2.07
–.72
1.00
–3.18
.81
...
–.88
–.05
2.82
.37
.63
2.22
2.97
.56
2.06
3.22
.64
3.05
1.65
.08
2.20
...
...
3.11
–5.11
1.64
1.64
–1.12
–2.96
.48
–.30
.96
3.99
–.75
21.43
–.72
–.46
1.59
.99
2.90
–.69
2.13
.04
1.68
–.17
.81
1.42
1.16
1.19
.92
.54
–6.85
.05
–3.57
2.18
2.41
–.64
.82
...
.91
...
1.06
–.02
2.90
.45
.74
2.26
3.50
.73
2.36
3.28
1.03
3.60
1.79
.16
2.57
...
...
2.83
–4.39
1.99
1.99
–.96
–2.84
.55
.08
.97
4.39
–.77
23.07
–.36
–.16
1.69
1.33
3.22
.43
2.37
.07
2.09
–.10
.87
1.48
1.56
1.59
1.05
.70
–6.99
.23
–4.35
2.54
2.78
–.45
.86
...
.95
...
1.27
...
.21
.055
.03
...
.18
.07
.07
.25
...
.25
.11
...
...
.03
.045
.15
...
.06
.07
...
...
.06
...
.15
.32
...
...
...
...
...
...
...
.12
.12
...
...
...
.18
.08
...
...
...
.15
...
.145
...
.34
...
...
...
...
.11
...
...
New York Stock Exchange Composite List
52-Week
High Low Name
948.94
14.78
13.39
18.83
16.48
57.75
3.84
25.18
32.69
42.32
56.94
45.90
6.40
29.20
53.50
21.05
47.49
815.04
10.80
3.97
14.54
10.36
49.00
1.42
15.60
27.35
32.93
42.68
23.34
4.50
20.58
30.18
12.15
32.28
WhiteMtnIns
WhitestoneREIT
WhitingPetrol
WideOpenWest
WildHorseResource
Wiley A
Willbros
WilliamLyonHomes
Williams
WilliamsPartners
Williams-Sonoma
Winnebago
Wipro
WolverineWwide
WooriBank
Workiva
WorldFuelSvcs
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
WTM
WSR
WLL
WOW
WRD
JW/A
WG
WLH
WMB
WPZ
WSM
WGO
WIT
WWW
WF
WK
INT
.1
8.7
...
...
...
2.4
...
...
4.0
6.2
3.1
.9
.5
.8
...
...
.7
68
cc
dd
...
...
34
dd
20
49
23
14
22
34
34
8
dd
22
857.00
13.05
5.46
15.08
13.32
53.50
3.22
22.99
30.01
38.90
49.86
44.75
5.68
28.85
46.62
20.85
33.91
+14.13
+0.19
+0.36
–0.07
+1.01
+0.05
+0.20
+0.88
+0.01
+0.36
+3.08
+2.35
...
+1.31
–1.21
+0.65
–2.71
82.19
.26
–5.32
...
–.11
1.95
–.77
1.55
–.57
–.17
3.41
1.68
.26
.89
4.06
–1.08
1.81
–6.30
.28
–.70
1.34
.37
3.07
–.23
2.14
.79
1.78
3.59
2.25
.27
1.61
6.62
–.63
2.26
8.00
.41
–.58
1.33
.99
3.42
.05
2.70
1.01
1.78
3.83
2.79
.30
1.83
6.29
–.45
2.81
1.00
.095
...
...
...
.32
...
...
.30
.60
.39
.10
.0149
.06
...
...
.06
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
23.57 16.77 WW Ent
WWE 2.0 76 23.55 +0.95 .44 .45 .63 .12
62.44 40.82 WorthingtonInds WOR 1.8 16 46.00 –5.21 3.15 3.10 3.27 .21
106.50 62.60 Wyndham
WYN 2.2 20 105.41 +0.18 5.53 6.19 6.99 .58
XYZ
47.27
20.99
68.15
50.56
21.22
8.44
40.80
6.81
64.80
26.48
32.81
14.99
31.68
38.00
14.84
4.45
25.84
4.26
45.60
15.00
XL Group
XO Group
XPO Logistics
XcelEnergy
XeniaHotels
XeriumTech
Xerox
XinyuanRealEst
Xylem
YPF
XL
XOXO
XPO
XEL
XHR
XRM
XRX
XIN
XYL
YPF
2.2
...
...
3.0
5.2
...
3.0
7.0
1.1
1.0
...
73
78
21
15
dd
dd
7
41
dd
39.45
19.67
67.78
47.32
21.05
4.78
33.29
5.68
62.63
22.28
+0.26
+0.63
+3.69
–0.09
+0.20
–0.86
+0.16
–0.39
–2.12
+1.78
...
.47
.53
2.21
.79
–1.35
–1.96
1.10
1.45
–4.84
...
.29
1.89
2.31
.90
...
3.36
...
2.37
.55
...
.54
2.83
2.46
.56
...
3.58
...
2.73
1.18
.22
...
...
.36
.275
...
.25
.10
.18
.1127
52-Week
High Low Name
4.51
44.25
15.11
4.17
45.91
78.14
42.12
6.06
18.45
35.65
31.36
18.98
133.49
27.41
65.83
14.25
2.21
26.93
12.05
1.79
19.85
59.57
23.79
3.11
11.14
29.30
19.77
13.70
95.63
10.77
46.86
6.25
YamanaGold
Yelp
Yext
YingliGreenEner
Yirendai
YumBrands
YumChina
YuMe
ZTO Express
ZayoGroup
Zendesk
Zhaopin
ZimmerBiomet
Zoe'sKitchen
Zoetis
Zymeworks
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
AUY
YELP
YEXT
YGE
YRD
YUM
YUMC
YUME
ZTO
ZAYO
ZEN
ZPIN
ZBH
ZOES
ZTS
ZYME
.8
...
...
...
...
1.6
...
2.6
...
...
...
...
.8
...
.7
...
dd
cc
...
dd
13
20
...
46
32
cc
dd
33
34
dd
36
dd
2.65
43.30
13.28
2.27
41.94
73.61
39.97
4.63
14.04
34.42
29.11
18.20
117.09
12.63
63.76
7.98
–0.08
–0.12
+0.38
–0.16
–2.81
–2.36
+0.26
–0.13
–0.80
+0.23
+1.05
+0.03
+2.69
+0.14
–0.40
–0.01
–.33
–.06
–1.39
–17.34
2.84
4.04
1.36
–.22
...
.35
–1.11
...
1.51
.09
1.65
–1.77
.03
.06
–.51
–8.91
2.94
2.81
1.45
.04
.62
.63
–.17
...
8.25
–.08
2.34
–2.70
.12
.27
–.47
–9.26
3.98
3.18
1.64
.09
.80
.72
–.02
...
8.79
.01
2.68
–2.22
.005
...
...
...
1.50
.30
...
.03
...
...
...
...
.24
...
.105
...
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
52-Week
High Low Name
NYSE ARCA
21.70
21.82
21.86
25.13
25.16
25.07
16.09
17.44
32.03
9.74
12.00
81.00
11.93
20.89
15.47
14.77
18.35
24.71
24.86
24.86
11.88
12.90
22.30
6.20
8.65
60.41
9.14
15.45
EmpireStateReal250
EmpireStateReal60
EmpireStateRealES
NationwideMaxDivUS
NationRiskBaseIntl
NationRiskBasedUS
USBrentOilFd
USDieselHeatingOil
USGasolineFd
US NatGas
UnitedStatesOilFd
US ShortOilFd
US12mthNtlGas
US12moOilFd
FISK
OGCP
ESBA
MXDU
RBIN
RBUS
BNO
UHN
UGA
UNG
USO
DNO
UNL
USL
2.1
2.1
2.1
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
20.21
20.39
20.46
24.99
24.96
24.95
15.16
16.97
28.15
6.57
10.43
66.17
9.98
18.24
–0.12 .38
+0.06 .38
+0.23 .38
+0.20 ...
–0.20 ...
+0.09 ...
+0.09 ...
–0.04 ...
–0.80 ...
+0.01 ...
+0.19 ...
–1.27 ...
–0.01 ...
+0.19 ...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
... .105
... .105
... .105
... ...
... ...
... ...
... ...
... ...
... ...
... ...
... ...
... ...
... ...
... ...
M22
BARRON’S
October 2, 2017
Nasdaq Issues
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
5.30
38.95
18.00
13.80
75.00
259.36
52.15
5.95
12.72
17.45
30.42
30.23
44.40
6.35
175.10
18.08
2.53
2.25
26.90
10.43
5.40
52.75
160.62
33.85
3.57
8.64
11.96
12.71
19.59
29.50
3.80
95.00
9.04
0.50
BravoBrioRestr
BridgeBancorp
BridgfordFoods
Brightcove
BrighthouseFin
Broadcom
BroadSoft
Broadvision
BrocadeComm
BrooklineBcp
Brooks Auto
Bruker
BrynMawrBank
Bsquare
BuffWildWngs
BuildersFirstSrc
BurconNutraScience
BBRG
BDGE
BRID
BCOV
BHF
AVGO
BSFT
BVSN
BRCD
BRKL
BRKS
BRKR
BMTC
BSQR
BWLD
BLDR
BUR
16.25
36.54
55.80
2.30
29.60
108.26
67.49
66.80
48.67
81.16
20.45
136.26
10.80
28.43
6.41
41.79
25.00
51.34
13.54
11.95
45.20
55.48
24.63
81.85
39.49
21.65
13.45
44.00
3.72
46.15
23.36
76.85
19.40
20.05
27.35
9.10
29.45
45.43
7.96
18.12
12.80
99.25
45.00
24.58
4.00
17.50
14.65
17.04
22.35
28.50
24.60
33.11
56.00
4.59
12.59
19.86
24.70
43.96
17.55
10.68
19.13
126.49
74.83
6.63
40.89
150.00
76.26
14.88
146.13
1.61
5.02
32.46
15.45
57.30
25.00
27.02
4.55
39.33
38.17
20.68
81.10
8.50
4.23
72.27
6.34
44.55
1.23
40.87
408.83
116.63
67.14
19.95
55.55
10.80
47.49
11.87
3.71
13.26
6.80
30.01
40.01
1.20
22.20
61.58
53.46
43.64
28.15
63.41
15.10
98.95
8.50
18.01
0.86
25.85
11.63
35.48
4.12
7.89
29.25
30.01
16.32
50.66
24.15
10.00
6.70
26.35
1.68
33.40
12.13
48.75
13.76
2.20
15.15
2.79
9.26
29.49
2.72
10.25
9.80
56.88
29.22
14.29
2.73
13.81
8.67
13.21
15.90
5.85
14.10
21.29
22.83
0.76
6.55
12.70
14.35
11.10
9.60
3.18
10.16
99.76
52.69
1.08
28.84
88.65
50.81
6.94
96.93
0.99
2.20
16.09
5.05
16.31
2.55
17.09
2.15
22.97
21.70
6.51
44.55
3.15
1.88
47.01
1.93
21.13
0.81
27.01
241.50
74.34
38.34
10.80
40.93
5.19
28.05
2.75
1.25
6.79
Cadiz
CA
C&F Fin
CBAK Energy
CB FinSvcs
CBOE Holdings
CDK Global
CDW
CEVA
CH Robinson
CIM Comm
CME Group
CM Finance
CNB FinPA
CPI Card
CRA Intl
CRISPR Therap
CSG Systems
CSI Compressco
CSP
CSW Industrials
CSX
CVB Fin
CabotMicro
CadenceDesign
CaesarsAcqn
CaesarsEnt
Caesarstone
CafePress
Cal-MaineFoods
CalAmp
CalavoGrowers
CalFstNBcp
CalitheraBiosci
CallidusSoftware
CalumetSpecialty
Calyxt
CamdenNational
Camtek
CanadianSolar
CanterburyPark
CapellaEducation
CapitalBankFin
CapitalCityBank
CapitalProduct
CapitalSouthwest
CapitalaFinance
CapitolFedFin
CapStarFin
CaraTherap
Carbonite
CardiovascularSys
Cardtronics
CareDx
CareerEducation
CareTrustREIT
Carlyle
CarrizoOil
CarrolsRestr
CascadianTherap
CasellaWaste
CaseysGenStores
CassInfoSys
CatabasisPharm
CathayGenBncp
CavcoIndustries
Cavium
CECO Env
Celgene
Celgene Rt
CelldexTherap
Cellectis
CellularBiomed
Celyad
Cempra
CenterStateBank
CentralEurMedia
CentralGarden
CentralGardenA
CenturyAluminum
CenturyBancorpA
Cenveo
Ceragon
Cerner
Cerus
Changyou.com
Charles&Colvard
ChartIndustries
CharterComms
CheckPointSftw
Cheesecake
ChefsWarehouse
ChemicalFin
ChemoCentryx
ChemungFinl
Cherokee
Chiasma
ChickenSoupEntA
CDZI
CA
CFFI
CBAK
CBFV
CBOE
CDK
CDW
CEVA
CHRW
CMCT
CME
CMFN
CCNE
PMTS
CRAI
CRSP
CSGS
CCLP
CSPI
CSWI
CSX
CVBF
CCMP
CDNS
CACQ
CZR
CSTE
PRSS
CALM
CAMP
CVGW
CFNB
CALA
CALD
CLMT
CLXT
CAC
CAMT
CSIQ
CPHC
CPLA
CBF
CCBG
CPLP
CSWC
CPTA
CFFN
CSTR
CARA
CARB
CSII
CATM
CDNA
CECO
CTRE
CG
CRZO
TAST
CASC
CWST
CASY
CASS
CATB
CATY
CVCO
CAVM
CECE
CELG
CELGZ
CLDX
CLLS
CBMG
CYAD
CEMP
CSFL
CETV
CENT
CENTA
CENX
CNBKA
CVO
CRNT
CERN
CERS
CYOU
CTHR
GTLS
CHTR
CHKP
CAKE
CHEF
CHFC
CCXI
CHMG
CHKE
CHMA
CSSE
...
2.7
...
...
...
1.7
...
...
1.8
2.3
1.3
.5
2.0
...
...
...
...
dd
18
13
dd
...
cc
dd
dd
cc
20
38
30
20
dd
27
12
dd
2.28
33.95
12.05
7.20
60.80
242.54
50.30
4.10
11.95
15.50
30.36
29.75
43.80
5.20
105.70
17.99
.67
–0.13
+1.40
–0.11
–0.05
+2.45
+3.30
+0.55
+0.23
–0.16
+0.65
+1.20
+0.39
+2.05
+0.28
+0.65
+0.68
+0.06
–5.09
2.00
.86
–.30
–24.54
–4.75
.03
–1.93
.51
.74
–1.01
.95
2.12
–.09
5.12
1.27
–.12
.26
1.91
...
–.37
9.02
15.91
2.26
...
.63
.79
1.18
1.12
1.62
...
4.47
1.12
...
.23
2.24
...
–.01
8.86
17.67
2.61
...
.72
.95
1.37
1.26
2.95
...
5.63
1.46
...
...
.23
...
...
...
1.02
...
...
.055
.09
.10
.04
.22
...
...
...
...
dd
19
15
dd
17
59
32
25
57
22
5
28
5
16
dd
30
dd
21
dd
27
46
28
24
25
45
5
dd
16
dd
dd
dd
35
17
dd
dd
dd
...
18
64
38
19
20
27
33
10
10
28
24
cc
dd
cc
dd
16
dd
dd
42
18
dd
15
dd
dd
26
28
dd
17
30
dd
dd
45
...
dd
dd
dd
dd
dd
22
dd
29
28
dd
19
...
10
36
dd
...
dd
cc
cc
25
15
41
23
dd
19
dd
dd
...
12.70
33.38
55.00
1.50
29.06
107.63
63.09
66.00
42.80
76.10
16.80
135.68
9.35
27.32
1.18
41.05
17.87
40.10
5.21
11.05
44.35
54.26
24.17
79.93
39.47
21.45
13.35
29.80
1.81
41.10
23.25
73.20
18.10
15.75
24.65
8.35
24.49
43.64
5.12
16.84
12.35
70.15
41.05
24.01
3.50
17.13
9.54
14.70
19.58
13.69
22.00
28.15
23.01
3.70
10.39
19.04
23.60
17.13
10.90
4.09
18.80
109.45
63.44
2.12
40.20
147.55
65.94
8.46
145.82
1.52
2.86
28.45
10.65
56.53
3.25
26.80
4.05
38.84
37.19
16.58
80.10
3.45
2.08
71.32
2.73
39.61
.87
39.23
363.42
114.02
42.12
19.30
52.26
7.42
47.10
2.75
2.55
7.19
+0.10
+0.70
+2.05
+0.10
+1.06
+1.03
–0.03
+1.80
+0.75
+2.97
–1.40
+1.51
–0.20
+1.28
+0.17
+1.42
–1.10
+2.00
+0.31
+0.91
+0.55
+1.16
+1.61
+4.40
+0.59
+1.00
+0.65
+1.15
–0.21
+0.15
+2.83
+3.00
+1.75
–0.15
–0.20
+0.55
–1.23
+1.34
+0.26
+0.38
+0.36
+2.80
+2.00
+1.49
–0.06
+0.27
+0.25
+0.43
+1.58
+0.63
+1.40
+0.63
–6.26
+0.62
+0.48
+0.20
–0.85
+2.69
–0.75
+0.15
+0.89
+1.56
+2.53
+0.30
+2.20
+8.00
–0.56
+0.08
+1.93
–0.03
+0.20
+0.64
+0.05
–0.77
+0.10
+1.02
...
+1.88
+1.74
–1.51
+4.20
–0.05
+0.17
+1.69
+0.13
–0.14
–0.04
+0.95
+3.12
+2.03
+0.60
+0.45
+2.46
+0.21
+5.38
–0.50
+0.15
–1.71
–1.41
1.85
3.89
–.71
1.86
2.27
1.99
2.56
.61
3.59
.38
4.53
1.72
1.42
.10
1.49
–1.89
1.90
–4.07
.67
.70
1.81
.94
2.43
.70
4.49
–24.41
2.08
–1.58
–1.54
–.22
2.18
1.08
–1.95
–.32
–4.18
–.42
2.57
.13
1.13
.97
3.62
1.28
.69
.34
1.48
.58
.63
.81
–2.10
–.15
–.06
1.92
–2.39
–.27
.52
–.08
–11.27
1.01
–3.13
–.17
4.48
2.15
–2.22
2.19
4.17
–2.42
–1.12
2.49
...
–1.27
–1.90
–1.70
–2.79
–2.34
.88
–1.28
.87
.87
–2.90
4.41
...
.15
1.85
–.62
...
–.22
.91
15.94
4.26
2.83
.12
2.17
–.86
2.11
–.84
–2.51
.08
–1.09
2.46
...
...
1.71
3.39
2.95
3.82
1.14
3.27
...
4.82
1.07
1.60
–.01
1.55
–2.43
2.52
–1.03
...
1.95
2.25
1.06
3.33
1.39
...
–.65
1.84
–.22
.43
1.17
2.08
...
–.83
.32
–.45
–.83
2.68
.39
1.45
...
3.54
1.97
.83
.30
1.01
1.16
.64
.22
–1.78
.76
.02
2.80
–.83
.18
.51
2.82
1.09
.17
–1.28
.61
4.42
...
–1.39
2.44
4.71
2.79
.59
7.32
...
–1.04
–2.69
–1.74
–4.00
–.97
1.44
.50
1.50
1.50
.60
...
.97
.20
2.50
–.68
3.96
...
.76
3.75
5.18
2.67
.41
3.01
–.90
2.83
.17
–.96
.31
.04
2.55
...
...
1.85
3.93
3.66
4.30
1.45
3.57
...
5.34
1.12
1.85
.23
1.73
–3.03
2.73
–.47
...
2.13
2.71
1.14
3.74
1.51
...
.60
2.23
–.23
1.28
1.35
2.83
...
–1.07
.46
–.97
–1.07
2.93
.46
1.69
...
3.68
2.21
1.11
.30
1.29
1.31
.67
1.07
–1.86
1.01
.24
2.51
–.35
.62
.73
2.51
1.50
.23
–1.10
.73
4.90
...
–1.10
2.67
5.62
3.55
.80
8.94
...
–.95
–3.06
–1.84
–4.06
–.88
1.71
.21
1.67
1.67
1.52
...
2.23
.21
2.77
–.51
3.88
...
1.33
7.20
5.67
2.90
.59
3.57
–1.36
3.31
.50
–1.43
.50
...
.255
.33
...
.22
.27
.14
.16
...
.45
.125
.66
.25
.165
.045
.14
...
.1975
.1875
.11
...
.20
.14
.20
...
...
...
...
...
...
...
.90
.46
...
...
...
...
.23
...
...
.06
.41
.12
.07
.08
.24
.13
.085
...
...
...
...
...
...
...
.185
.42
...
...
...
...
.26
.23
...
.21
...
...
.075
...
...
...
...
...
...
...
.06
...
...
...
...
.12
...
...
...
...
...
...
...
...
...
.29
...
.28
...
.26
...
...
...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
C
...
3.1
2.4
...
3.0
1.0
.9
1.0
...
2.4
3.0
1.9
10.7
2.4
15.3
1.4
...
2.0
14.4
4.0
...
1.5
2.3
1.0
...
...
...
...
...
...
...
1.2
2.5
...
...
...
...
2.1
...
...
1.9
2.3
1.2
1.2
9.1
5.6
16.4
2.3
...
...
...
...
...
...
...
3.9
7.1
...
...
...
...
1.0
1.5
...
2.1
...
...
3.5
...
...
...
...
...
...
...
.9
...
...
...
...
.6
...
...
...
...
...
...
...
...
...
2.8
...
2.1
...
2.2
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
125.30
6.64
126.47
4.45
2.36
20.05
126.29
3.60
5.10
4.28
21.99
208.55
35.30
11.85
102.95
81.98
3.00
145.00
71.97
34.60
22.73
14.43
24.25
26.61
87.99
74.90
7.80
4.62
21.60
25.08
18.95
17.49
99.45
19.82
249.54
6.70
31.86
50.25
6.30
115.35
73.00
281.00
31.48
23.88
28.83
20.55
60.75
14.55
45.68
63.55
38.04
42.18
60.61
24.53
22.50
9.62
42.75
5.40
0.05
51.35
10.65
64.60
6.80
36.15
6.33
21.40
9.40
19.11
5.55
7.10
10.93
8.60
52.88
62.15
26.65
2.44
28.50
30.23
13.50
6.05
29.66
34.85
44.12
11.37
46.68
55.95
22.14
287.96
183.18
35.89
41.61
29.58
17.95
175.04
19.40
23.68
284.75
31.64
22.28
56.00
9.85
16.38
60.65
7.49
3.72
42.80
56.25
41.18
15.11
65.73
17.20
20.02
PLCE
CMRX
CBPO
JRJC
HGSH
CIFS
HTHT
CNTF
CXDC
CCIH
IMOS
CHDN
CHUY
CDTX
CMPR
CINF
CIDM
CTAS
CRUS
CSCO
CTRN
CZWI
CZFC
CIZN
CTXS
CHCO
CLAR
CLNE
CLFD
CLSD
CMTA
CSBK
CLVS
COBZ
COKE
CDXS
CVLY
CCOI
COGT
CGNX
CTSH
COHR
CHRS
COHU
CLCT
COLL
CIGI
CBAN
COLB
COLM
CMCO
CMCSA
CBSH
CHUBA
CHUBK
CVGI
COMM
JCS
CYHHZ
CTBI
CWBC
CVLT
CGEN
CPSI
CTG
CMTL
CNAT
CNCE
CXRX
CCUR
CFMS
CNFR
CNMD
CTWS
CNOB
CNXR
CONN
CNSL
CWCO
CPSS
CTRL
CPRT
CORE
CORI
CSOD
CRVL
CRVS
CSGP
COST
ICBK
COUP
CVTI
COWN
CBRL
BREW
CRAY
CACC
CREE
CRESY
CRTO
CROX
CCRN
CTRP
CPIX
CRIS
CUTR
CYBR
CYBE
CY
CONE
CYTK
CTMX
70.90
3.66
88.25
1.32
1.21
10.81
41.69
1.45
3.85
0.72
13.94
131.70
18.00
5.60
78.80
68.11
1.20
102.07
49.05
29.12
15.54
10.80
16.00
22.61
64.79
48.40
4.75
2.18
11.00
5.44
15.05
14.65
25.50
12.40
125.00
3.60
19.99
34.23
2.90
49.68
45.44
100.01
10.80
10.72
16.54
7.37
34.20
9.45
31.75
51.56
16.86
30.02
45.37
13.24
13.14
4.36
29.57
3.41
...
35.85
7.85
47.61
2.60
18.25
3.87
9.52
1.45
7.11
1.09
4.63
3.22
6.05
37.60
48.00
17.40
0.48
7.75
17.21
9.80
3.66
9.97
25.37
26.08
2.67
30.31
31.00
8.27
179.22
142.11
19.55
22.50
14.26
11.60
130.15
12.00
16.10
160.63
20.50
13.59
32.83
5.93
10.88
39.71
4.60
1.47
11.78
39.34
13.75
9.63
38.80
8.77
9.85
Children'sPlace
Chimerix
ChinaBiologic
ChinaFinance
ChinaHGSRealEst
ChinaInternet
ChinaLodging
ChinaTechFaith
ChinaXDPlastics
ChinaCache
ChipMOSTechs
ChurchillDowns
Chuy's
CidaraTherap
Cimpress
CincinnatiFin
Cinedigm
Cintas
CirrusLogic
CiscoSystems
CitiTrends
CtznCmntyBcp
CitizensFirst
CitizensHolding
CitrixSystems
CityHolding
Clarus
CleanEnerFuels
Clearfield
ClearsideBiomed
ClementiaPharm
CliftonBancorp
ClovisOncology
CoBizFin
Coca-Cola Bottl
Codexis
CodorusValleyBncp
CogentComm
Cogint
Cognex
CognizantTech
Coherent
CoherusBioSci
Cohu
CollectorsUniv
CollegiumPharm
ColliersIntl
ColonyBankcorp
ColumbiaBanking
ColumbiaSportswr
ColumbusMcKinn
Comcast A
CommerceBcshrs
CommerceHub A
CommerceHub C
CommVehicle
CommScope
CommsSystems
CommunityHlthRt
CmntyTrBcp
CommunityWestBcshs
CommVaultSystems
Compugen
ComputerPrograms
ComputerTask
ComtechTel
ConatusPharm
ConcertPharm
ConcordiaIntl
ConcurrentComp
ConforMIS
Conifer
Conmed
ConnecticutWater
ConnectOneBncp
Connecture
Conn's
ConsldComm
ConsldWater
ConsumerPtfo
Control4
Copart
Core-Mark
CoriumIntl
CornerstoneOnDem
Corvel
CorvusPharm
CoStarGroup
Costco
CountyBancorp
CoupaSoftware
CovenantTranspt
Cowen
CrackerBarrel
CraftBrewAlliance
Cray
CreditAcceptance
Cree
Cresud
Criteo
Crocs
CrossCtyHlthcr
Ctrip.com
CumberlandPharm
Curis
Cutera
CyberArkSoftware
CyberOptics
CypressSemi
CyrusOne
Cytokinetics
CytomXTherap
1.4
...
...
...
...
...
...
...
...
...
...
.6
...
...
...
2.6
...
.9
...
3.4
1.6
1.1
.7
3.9
...
2.4
...
...
...
...
...
1.4
...
1.1
.5
...
1.8
3.8
...
.3
.8
...
...
1.0
5.8
...
.2
.7
2.1
1.2
.4
1.6
1.6
...
...
...
...
3.8
...
2.8
1.5
...
...
4.1
...
1.9
...
...
...
8.0
...
...
1.5
2.0
1.2
...
...
8.1
2.3
...
...
...
1.1
...
...
...
...
...
1.2
.8
...
...
...
3.2
...
...
...
...
...
...
...
...
...
...
...
...
...
...
2.9
2.9
...
...
17
dd
24
dd
20
...
64
5
3
dd
7
28
21
dd
dd
22
dd
30
13
18
22
21
14
18
26
19
dd
17
35
dd
...
67
dd
22
44
dd
18
cc
dd
51
23
35
dd
34
24
dd
30
15
21
23
59
19
21
87
82
99
27
dd
...
17
15
cc
dd
74
dd
31
dd
dd
dd
2
dd
dd
94
30
26
dd
dd
cc
64
5
72
21
36
dd
dd
34
dd
90
28
18
dd
51
dd
18
cc
cc
15
dd
29
39
dd
cc
cc
dd
dd
86
53
14
dd
dd
dd
dd
118.15
5.25
92.27
2.10
1.33
19.96
118.82
2.50
4.70
.85
19.32
206.20
21.05
8.10
97.66
76.57
1.45
144.28
53.32
33.63
19.87
13.95
23.84
24.90
76.82
71.91
7.50
2.48
13.60
8.74
16.89
16.72
82.40
19.64
215.75
6.65
30.71
48.90
4.90
110.28
72.54
235.17
13.35
23.84
23.97
10.49
49.70
13.75
42.11
61.58
37.87
38.48
57.77
22.57
21.35
7.35
33.21
4.26
.01
46.50
10.40
60.80
3.80
29.55
5.36
20.53
5.49
14.75
1.18
6.00
3.52
6.06
52.47
59.30
24.60
.67
28.15
19.08
12.80
4.56
29.46
34.37
32.14
11.08
40.61
54.40
15.94
268.25
164.29
30.05
31.15
28.98
17.80
151.62
17.55
19.45
280.17
28.19
18.67
41.50
9.70
14.23
52.74
7.06
1.49
41.35
41.00
16.25
15.02
58.93
14.50
18.17
+4.85
+0.24
+1.46
–0.02
–0.03
+5.00
–1.54
+0.03
...
+0.04
+0.37
+4.45
+0.90
+0.50
–0.59
+0.69
–0.05
+7.63
–0.12
+0.26
+0.84
+0.25
+0.09
+0.70
+0.59
+3.43
+0.45
+0.07
+0.75
+0.44
–0.82
+0.25
+3.84
+1.37
+6.45
+0.80
+2.62
+0.75
–0.05
–3.15
+0.48
–19.24
+0.50
+1.14
+0.80
+0.18
+0.65
+0.40
+2.09
+3.27
+3.43
+0.38
+1.29
–1.24
–0.88
+0.95
+0.04
+0.01
...
+2.30
–0.05
–0.05
+0.10
+1.00
+0.19
–0.06
+0.11
+0.71
–0.03
–0.05
–0.05
–0.20
+1.73
+1.92
+1.10
–0.07
+5.35
+0.11
+0.20
+0.06
+0.84
+0.63
+2.20
+0.23
+2.01
+1.20
–0.31
–12.57
+3.00
+0.02
–0.18
+2.82
+1.20
+4.32
+0.20
+0.85
+6.96
+3.21
–0.44
–1.27
+0.66
+1.16
–0.17
–0.14
–0.08
+1.50
–1.85
+0.15
+0.68
–0.38
+0.20
+0.66
5.40
–1.65
3.79
–.05
.11
...
1.75
.75
1.54
–2.93
.89
6.42
1.02
–3.32
–2.29
3.55
–1.92
4.38
3.92
1.90
.91
.49
1.66
1.38
3.41
3.45
–.30
–.10
.59
–1.97
–1.88
.21
–9.07
.84
5.36
–.21
1.55
.33
–.65
1.72
2.55
3.58
–3.04
.11
.99
–3.88
1.76
.84
1.81
2.72
.43
1.79
2.61
.21
.21
.23
1.13
–.92
...
2.70
.62
.01
–.62
.29
–2.22
.67
–1.31
–2.28
–25.79
3.07
–1.39
–1.11
.52
2.08
1.01
–1.31
–.83
.29
.27
1.01
.53
1.66
1.17
–1.65
–1.20
1.51
–2.36
2.62
5.33
1.61
–1.88
.92
–.97
8.37
–.02
.26
16.31
–1.00
–2.39
1.30
–.43
.15
–.45
–.06
–.45
.19
.78
1.64
–2.15
.24
.39
–1.63
7.37
–1.67
4.44
...
...
...
2.66
...
...
...
...
6.74
1.03
–3.62
.80
2.83
...
5.34
4.75
2.43
1.22
...
...
1.38
4.63
3.72
–.05
–.39
.30
–2.10
–5.43
.30
–7.20
.91
8.86
–.29
...
.47
–.76
2.54
3.71
12.27
–4.34
1.54
...
–3.00
2.88
...
2.10
2.81
1.94
2.04
2.94
.50
...
.36
2.21
–.25
...
2.74
...
1.22
–.73
1.64
.24
.51
–.45
–2.17
.65
...
–1.30
–.59
1.87
2.21
1.37
–.76
.65
.55
.61
.69
1.04
1.42
1.24
–1.69
.39
...
–3.26
4.48
5.78
1.55
–.48
.71
1.21
8.81
.10
–1.15
19.90
.30
...
2.43
–.02
.61
.86
...
–.40
.52
1.04
.39
.81
–.21
–2.45
–1.49
7.89
–1.84
5.19
...
...
...
3.48
...
...
...
1.10
7.98
1.12
–3.37
2.01
3.07
...
6.03
4.80
2.56
1.33
...
...
1.42
5.02
3.92
.12
–.36
.40
–2.19
–1.34
.44
–2.24
1.11
10.02
–.14
...
.77
–.16
2.66
4.35
14.44
–2.67
1.71
...
–1.88
3.11
...
2.33
3.04
2.37
2.25
3.12
.60
...
.79
2.66
...
...
2.98
...
1.46
–.83
1.90
.31
...
–1.19
–2.44
.02
...
–1.10
.38
2.03
2.33
1.84
–.54
1.38
.62
.72
.78
1.18
1.62
1.46
–1.34
.74
...
–3.70
6.54
6.43
1.97
–.33
1.03
1.99
9.13
.33
–.75
21.50
.60
...
3.04
.25
.80
1.53
...
–.41
.77
1.30
.87
1.16
.42
–2.30
–1.50
.40
...
...
...
...
...
...
...
...
...
.1966
1.32
...
...
...
.50
...
1.33
...
.29
.08
.16
.08
.24
...
.44
...
...
...
...
...
.06
...
.055
.25
...
.135
.46
...
.085
.15
...
...
.06
.35
...
.05
.025
.22
.18
.04
.1575
.225
...
...
...
...
.04
...
.33
.04
...
...
.30
...
.10
...
...
...
.12
...
...
.20
.2975
.075
...
...
.3874
.075
...
...
...
.09
...
...
...
...
...
.50
.06
...
...
...
3.50
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.11
.42
...
...
D
46.33 31.87 DBVTechnologies DBVT ... ... 42.44 –0.97 –2.58 –5.43 –5.18 ...
6.30 3.80 DHX Media VV g DHXM 1.5 57 4.30 –1.05 .17 ... ... .0162
66.50 52.09 DISH Network DISH ... 25 54.23 +0.97 3.05 2.31 2.41 ...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
18.45
14.20
42.00
11.12
73.48
12.88
9.00
20.53
18.80
65.68
27.02
38.75
29.25
8.42
5.00
2.89
89.02
217.68
114.00
23081
6.10
14.15
41.75
5.68
22.48
8.50
29.97
30.80
30.25
29.18
5.56
91.41
18.55
20.55
19.30
88.50
28.59
38.19
59.70
1.90
9.80
9.80
19.61
7.84
37.89
4.25
3.70
16.11
13.01
52.54
5.58
21.35
20.20
1.02
1.46
1.66
42.62
170.00
82.77
0.61
2.42
8.50
24.20
3.15
16.10
1.05
19.64
20.95
20.14
19.36
3.20
65.63
14.49
13.40
13.90
60.00
16.98
16.01
46.55
0.74
DMC Global
DSP Group
DXP Ents
Daktronics
Dave&Buster's
DAVIDsTEA
DawsonGeophys
DecipheraPharm
DelFrisco's
DentsplySirona
DepoMed
Dermira
Descartes
DestMaternity
DestinationXL
Deswell
DexCom
DiamondHillInvt
DiamondbackEner
DianaContainer
DicernaPharma
DigiIntl
Digimarc
Digirad
DimeComBcshrs
DimensionTherap
Diodes
DiscoveryComm B
DiscoveryComm A
DiscoveryComm C
DixieGroup
DollarTree
DonegalGroup A
DonegalGroup B
DorchesterMnls
DormanProducts
DovaPharm
DuluthHoldings
Dunkin'
Durect
BOOM
DSPG
DXPE
DAKT
PLAY
DTEA
DWSN
DCPH
DFRG
XRAY
DEPO
DERM
DSGX
DEST
DXLG
DSWL
DXCM
DHIL
FANG
DCIX
DRNA
DGII
DMRC
DRAD
DCOM
DMTX
DIOD
DISCB
DISCA
DISCK
DXYN
DLTR
DGICA
DGICB
DMLP
DORM
DOVA
DLTH
DNKN
DRRX
3.85
31.47
16.91
43.67
2.72
2.30
6.15
24.00
11.16
97.15
60.42
31.50
38.87
65.40
7.20
28.90
62.50
13.06
13.50
8.75
29.20
12.13
10.00
25.65
14.75
15.69
16.80
14.85
3.98
147.32
25.98
14.26
122.79
51.15
3.23
12.20
4.08
25.50
47.00
44.95
49.75
21.87
3.49
13.25
9.85
16.30
35.96
2.03
23.35
224.60
25.00
29.00
22.63
39.25
46.25
12.35
20.00
93.95
475.28
38.03
7.47
129.73
14.70
57.38
22.52
17.90
99.53
3.00
26.87
25.39
6.50
24.42
33.65
29.50
59.84
2.25
23.45
12.93
27.34
0.37
0.89
3.53
14.21
4.06
45.05
36.07
18.85
27.28
52.40
4.17
13.00
42.39
8.75
7.30
6.22
12.43
6.25
1.01
6.38
6.10
11.51
10.30
10.08
2.71
94.66
10.65
4.50
73.74
25.54
0.90
5.15
2.14
17.87
22.17
17.66
33.70
7.41
1.17
4.08
6.20
6.13
9.79
0.65
16.51
161.01
17.92
14.73
11.47
25.35
30.93
5.20
8.38
44.20
314.55
23.94
4.83
98.36
11.30
9.40
11.26
9.41
70.51
1.95
12.92
6.15
4.22
12.34
22.20
10.04
42.00
EDAPTMS
EMC Insurance
ESSA Bancorp
E*TRADE
EV Energy
EVINE Live
EXFO
EagleBncpMT
EagleBulkShip
EaglePharm
EastWestBancorp
Eastern
eBay
Ebix
Echelon
EchoGlobalLog
EchoStar
Ecology&Envt
EdgeTherap
EdgewaterTech
EditasMedicine
EducDev
Egalet
eHealth
EigerBioPharma
8Point3Energy
8x8
ElPolloLoco
ElbitImaging
ElbitSystems
EldoradoResorts
ElectroScientific
ElectronicArts
EFII
ElevenBiotherap
Emcore
EmmisComm
EmpireResorts
EnantaPharma
EncoreCapital
EncoreWire
EndoIntl
Endocyte
Endologix
EnduranceIntl
EnergyRecovery
EnergyXXIGulfCoast
EnphaseEnergy
EnsignGroup
EnstarGroup
EntegraFin
Entegris
EntellusMedical
EnterpriseBncp
EnterpriseFinSvcs
Enzymotec
Epizyme
ePlus
Equinix
EquityBcshs
Ericsson
ErieIndemnity A
Escalade
EsperionTherap
Essendant
Etsy
EuronetWorldwide
Ever-Glory
Everbridge
EverspinTech
Evogene
Exa
Exactech
Exelixis
ExlService
EDAP
EMCI
ESSA
ETFC
EVEP
EVLV
EXFO
EBMT
EGLE
EGRX
EWBC
EML
EBAY
EBIX
ELON
ECHO
SATS
EEI
EDGE
EDGW
EDIT
EDUC
EGLT
EHTH
EIGR
CAFD
EGHT
LOCO
EMITF
ESLT
ERI
ESIO
EA
EFII
EBIO
EMKR
EMMS
NYNY
ENTA
ECPG
WIRE
ENDP
ECYT
ELGX
EIGI
ERII
EXXI
ENPH
ENSG
ESGR
ENFC
ENTG
ENTL
EBTC
EFSC
ENZY
EPZM
PLUS
EQIX
EQBK
ERIC
ERIE
ESCA
ESPR
ESND
ETSY
EEFT
EVK
EVBG
MRAM
EVGN
EXA
EXAC
EXEL
EXLS
.5
...
...
2.6
...
...
...
...
...
.6
...
...
...
...
...
10.6
...
...
...
...
...
...
...
6.4
2.6
...
...
...
...
...
...
...
3.5
3.3
8.6
...
...
...
2.4
...
dd
cc
37
36
20
dd
dd
...
26
dd
dd
dd
80
dd
dd
33
dd
14
29
dd
dd
32
dd
dd
23
dd
58
12
11
11
dd
22
33
35
16
22
...
35
23
dd
16.90
13.00
31.49
10.57
52.48
4.25
4.53
18.99
14.55
59.81
5.79
27.00
27.35
1.67
1.90
2.64
48.93
212.35
97.96
.62
5.75
10.60
36.60
3.45
21.50
6.00
29.93
22.90
21.29
20.26
4.00
86.82
16.13
15.00
15.05
71.62
24.28
20.29
53.08
1.77
+0.40
+0.45
+1.79
+0.30
–0.78
–0.20
+0.20
+1.34
+0.25
+1.28
–0.11
+0.76
–0.30
+0.16
–0.05
+0.07
–21.07
+8.58
+2.22
–0.64
+1.17
+0.65
+3.90
+0.05
+1.30
+0.10
+1.12
+0.90
–0.12
–0.16
–0.10
+2.20
+0.23
+1.60
+0.30
+2.20
–0.26
+0.67
+0.02
+0.04
–.46
.21
.49
.23
2.10
–.11
–1.84
–8.18
.76
1.94
–1.45
–2.70
.31
–2.39
–.05
.09
–.78
13.49
–2.20
–4786.32
–2.87
.64
–2.36
.71
1.97
–1.97
.32
1.96
1.96
1.96
–.34
3.78
1.16
1.16
.66
3.07
–1.32
.66
2.11
–.26
.13
.20
.80
.40
2.63
.05
–1.72
...
.76
2.69
.49
–4.13
.40
...
–.20
...
–.73
...
4.86
–135.66
–3.17
.26
–2.47
.17
1.27
–2.10
1.28
2.24
2.24
2.24
.18
4.66
.63
.63
...
3.44
–1.40
.70
2.43
–.21
.75
.38
1.33
...
2.87
.05
–.75
...
.84
3.01
.74
–3.88
.53
...
–.01
...
–.36
...
5.69
...
–3.20
.41
–2.34
.18
1.50
–1.72
1.53
2.49
2.49
2.49
.24
5.17
1.02
1.02
...
3.81
–1.22
.85
2.65
–.16
.02
...
...
.07
...
...
...
...
...
.0875
...
...
...
...
...
.07
...
6.00
...
...
...
...
...
.055
.14
...
...
...
...
...
...
...
.14
.1225
.323
...
...
...
.3225
...
...
16
25
20
dd
dd
cc
14
dd
10
17
23
6
21
dd
dd
45
37
dd
dd
dd
11
dd
dd
dd
22
dd
26
...
26
dd
dd
32
44
8
28
4
dd
dd
19
22
dd
dd
dd
dd
cc
...
dd
27
13
22
34
dd
20
18
dd
dd
24
cc
28
dd
30
17
dd
dd
dd
31
4
dd
dd
dd
dd
cc
cc
30
2.98
28.15
15.70
43.61
.64
1.04
4.00
18.50
4.53
59.64
59.78
28.70
38.46
65.25
4.68
18.85
57.23
11.95
10.73
6.52
24.01
9.62
1.28
23.89
11.00
15.03
13.50
12.15
2.86
147.08
25.65
13.92
118.06
42.68
1.58
8.20
3.32
22.35
46.80
44.30
44.78
8.57
1.41
4.46
8.20
7.90
10.34
1.52
22.59
222.35
24.95
28.85
18.46
36.31
42.35
11.45
19.05
92.45
446.30
35.58
5.75
120.57
13.60
50.12
13.17
16.88
94.79
2.25
26.42
17.09
4.44
24.18
32.95
24.23
58.32
+0.04
+0.44
+0.42
+1.79
+0.10
–0.02
–0.05
+0.05
–0.34
+2.02
+2.36
+1.50
+0.17
+3.60
–0.14
+0.75
–0.53
–0.30
+1.17
–0.05
+1.16
–0.78
–0.11
+0.36
+0.45
+0.27
+0.20
+0.35
–0.08
+2.63
+0.92
+0.46
–0.44
+1.24
–0.02
–0.50
+0.14
–0.40
+4.09
+2.40
+1.68
–0.10
+0.02
+0.31
+0.35
+0.68
+0.34
+0.11
+1.37
+9.50
+0.95
+1.00
+0.77
–0.44
+1.70
+0.15
+2.10
+3.85
+4.64
+1.12
+0.07
+1.93
+0.10
+0.81
+0.49
–0.23
–1.18
–0.20
+1.07
+0.44
+0.13
+7.75
+1.65
–0.24
+0.92
.15
2.20
.73
1.98
–4.85
–.15
.17
1.32
–10.87
4.96
2.97
1.25
6.35
2.86
–.93
.05
1.92
.21
–1.34
–.23
–3.02
.70
–3.70
–.27
–7.84
1.27
–.05
.47
–5.21
5.54
.52
–1.15
3.08
.95
.09
.31
1.07
–3.42
1.13
2.96
1.63
–15.03
–1.04
–1.91
–.55
.02
...
–1.34
.96
13.72
.98
.68
–1.53
1.70
2.41
–.13
–1.93
1.80
1.79
1.07
.06
4.01
.80
–3.33
1.73
–.26
3.23
.46
–.68
–3.53
–.77
–.08
.01
–.28
1.79
.01
1.10
...
2.24
...
–.02
.15
1.20
–.46
3.93
3.74
...
2.01
3.07
...
.59
.83
...
–1.87
–.11
–2.75
...
–2.75
–.94
–5.20
.85
.07
.67
...
5.80
.09
.73
4.24
2.44
...
.53
...
...
.80
3.63
2.20
3.53
–.93
–.62
–.85
.49
...
–.32
1.46
13.00
1.37
1.28
–1.61
...
2.48
.14
–2.38
3.87
3.85
1.94
.14
3.97
.73
–7.31
1.09
.27
4.55
...
–.28
–1.73
–.74
–.12
1.29
.27
2.61
.09
1.48
...
2.49
...
.08
.27
1.55
–.09
4.17
3.82
...
2.23
3.20
...
.87
1.05
...
–1.74
.46
–2.69
...
–1.15
–.29
–4.89
.95
.10
.71
...
6.30
1.46
.82
5.03
2.82
...
.64
...
...
–1.25
4.00
2.90
3.05
–.81
–.48
–.60
.28
...
.09
1.59
14.00
1.94
1.45
–1.04
...
3.08
.35
–2.42
4.41
6.80
2.60
.28
4.09
.86
–6.01
1.25
.27
5.24
...
–.24
–.21
–.44
.05
1.47
.66
2.86
...
.21
.09
...
...
...
...
.09
...
...
.20
.11
...
.075
...
...
...
.20
...
...
...
.09
...
...
...
.2721
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.02
...
...
...
...
...
...
...
.0425
...
...
...
...
.135
.11
...
...
...
2.00
...
.1112
.7825
.115
...
.14
...
...
...
...
...
...
...
...
...
...
E
...
3.0
2.3
...
...
...
...
1.9
...
...
1.3
1.5
...
.5
...
...
...
3.3
...
...
...
3.7
...
...
...
7.2
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.2
...
...
...
...
...
...
...
.8
...
...
...
...
1.5
1.0
...
...
...
1.8
...
1.9
2.6
3.4
...
4.3
...
...
...
...
...
...
...
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
16.15
161.00
60.30
75.43
77.50
25.08
12.14
12.00
6.72
111.88
47.23
48.42
57.80
11.31
4.02
7.55
ExOne
Expedia
ExpeditorsIntl
Exponent
ExpressScripts
ExtractionOil
ExtremeNetworks
Ezcorp
XONE
EXPE
EXPD
EXPO
ESRX
XOG
EXTR
EZPW
40.60
149.50
34.24
19.33
49.35
26.19
175.49
6.60
13.70
37.55
44.65
52.74
5.68
21.19
14.46
54.05
24.95
30.65
8.45
5.95
28.97
62.00
45.75
35.40
36.85
24.50
17.51
34.85
33.21
30.85
14.80
32.22
28.43
395.15
31.94
28.25
20.85
56.90
18.02
29.80
46.70
53.49
21.29
18.16
29.35
35.47
33.35
45.35
43.48
38.76
25.83
17.51
53.00
51.80
18.60
16.95
8.60
70.83
129.61
55.58
24.80
60.98
17.76
11.99
29.41
62.99
40.76
8.69
31.96
11.27
17.05
16.95
44.20
44.40
22.76
41.56
57.68
33.00
36.87
23.25
43.15
43.55
22.39
46.50
21.77
20.33
11.50
18.25
65.40
1.51
5.67
13.90
19.90
10.55
12.38
28.67
9.68
137.88
13.50
103.54
39.32
12.50
55.74
21.59
18.05
43.63
13.67
29.00
114.45
19.02
9.06
28.90
12.35
113.55
3.38
6.79
28.75
29.24
37.70
1.80
9.78
8.54
15.60
17.36
15.50
3.35
3.90
19.57
31.25
25.00
25.65
20.16
6.90
10.35
19.18
22.53
17.10
8.27
21.80
18.76
280.98
20.47
17.22
13.25
36.91
9.73
20.55
35.05
39.20
13.93
11.64
15.72
25.80
22.54
30.70
25.84
25.80
18.75
13.25
25.56
33.27
9.23
11.06
7.22
39.05
92.81
35.03
12.58
25.97
13.34
3.01
15.93
39.98
28.26
2.52
20.95
4.03
10.50
8.55
35.52
34.95
3.02
28.51
40.07
5.20
6.80
9.25
17.10
19.65
6.67
34.75
5.62
10.87
7.53
7.60
11.65
0.70
0.80
4.37
14.04
1.30
6.90
12.04
4.65
92.65
6.05
57.16
29.32
9.13
46.80
7.20
11.00
13.44
8.88
FARO Tech
F5Networks
FNBBancorp
FRONTEO
FRP Holdings
FTD
Facebook
FamousDave's
Fanhua
FarmerBros
FarmersCapBk
Fastenal
FateTherap
FederatedNatl
Ferroglobe
FibroGen
FidelitySouthern
FiestaRestaurant
FifthStreetAsset
FifthStreetFin
FifthThirdBncp
51job
FinancialEngines
FinInstitutions
Finisar
FinishLine
FireEye
FirstBancorpNC
FirstBancorp
FirstBancshares
FirstBank
FirstBusey
FirstBusFinSvcs
FirstCitizBcshA
FstCmntyBcsh
FirstConnBncp
1stConstBncp
FirstDefiance
FirstFinBncpWt
FirstFinBncpOH
FirstFinBkshs
FirstFinIN
FirstFinNW
FirstFoundation
FirstGuarBcshs
FirstHawaiian
FirstInternetBncp
FirstInterBanc
FirstMerchants
FirstMidILBcsh
FirstMidwestBncp
FirstNWBncp
FirstSolar
1stSource
FirstSouthBancorp
FirstUnited
FirsthandTechVal
FirstService
Fiserv
FiveBelow
Five9
FivePrimeTherap
Flex
FlexPharma
FlexionTherap
Flexsteel
FlirSystems
Fluidigm
FlushingFin
FoamixPharm
FogodeChao
FormFactor
FormulaSys
ForresterResearch
Forterra
Fortinet
ForwardAir
ForwardPharma
Fossil
FosterLB
FoundationMed
FoxFactory
Francesca's
FranklinElectric
Fred's
FreightCarAmer
FrequencyElec
Freshpet
FrontierComm
FuelTech
FuelCell
FulgentGenetics
FultonFin
FutureFinTech
GDSHoldings
G1Therapeutics
GSI Tech
GWPharm
Gaia
Galapagos
Gaming&Leisure
GamingPartners
Garmin
GemphireTherap
GencorIndustries
GeneralComm A
GenMarkDiagn
FARO
FFIV
FNBG
FTEO
FRPH
FTD
FB
DAVE
FANH
FARM
FFKT
FAST
FATE
FNHC
GSM
FGEN
LION
FRGI
FSAM
FSC
FITB
JOBS
FNGN
FISI
FNSR
FINL
FEYE
FBNC
FNLC
FBMS
FRBA
BUSE
FBIZ
FCNCA
FCBC
FBNK
FCCY
FDEF
FFBCW
FFBC
FFIN
THFF
FFNW
FFWM
FGBI
FHB
INBK
FIBK
FRME
FMBH
FMBI
FNWB
FSLR
SRCE
FSBK
FUNC
SVVC
FSV
FISV
FIVE
FIVN
FPRX
FLEX
FLKS
FLXN
FLXS
FLIR
FLDM
FFIC
FOMX
FOGO
FORM
FORTY
FORR
FRTA
FTNT
FWRD
FWP
FOSL
FSTR
FMI
FOXF
FRAN
FELE
FRED
RAIL
FEIM
FRPT
FTR
FTEK
FCEL
FLGT
FULT
FTFT
GDS
GTHX
GSIT
GWPH
GAIA
GLPG
GLPI
GPIC
GRMN
GEMP
GENC
GNCMA
GNMK
...
.8
1.4
1.1
...
...
...
...
dd
68
26
38
11
dd
dd
22
11.36
143.94
59.86
73.90
63.32
15.39
11.89
9.50
+1.08
–1.83
+1.67
+0.80
+1.03
+1.06
+0.18
–0.35
–.92
1.82
2.36
1.75
5.39
–1.54
–.08
–1.49
–1.11
5.06
2.32
1.97
6.99
–.18
.70
.54
–.18 ...
6.61 .30
2.53 .42
2.02 .21
7.67 ...
.30 ...
.86 ...
.73 ...
dd
20
21
...
77
dd
39
dd
24
22
21
25
dd
dd
dd
dd
13
dd
dd
dd
14
45
54
14
10
dd
dd
24
18
28
21
21
17
15
20
23
17
18
...
17
28
17
19
19
16
19
14
18
20
17
20
37
dd
21
22
17
dd
53
32
38
dd
dd
26
dd
dd
17
25
dd
17
dd
16
dd
53
43
dd
97
30
dd
dd
dd
dd
35
8
24
dd
cc
dd
dd
dd
dd
dd
dd
19
dd
dd
...
dd
dd
dd
dd
21
21
15
dd
28
dd
dd
38.25
120.56
33.92
11.40
45.25
13.04
170.87
4.15
12.57
32.85
42.05
45.58
3.96
15.61
13.16
53.80
23.64
19.00
3.90
5.47
27.98
60.61
34.75
28.80
22.17
12.03
16.77
34.41
30.31
30.15
13.30
31.36
22.75
373.89
29.11
26.75
18.15
52.49
14.00
26.15
45.20
47.60
16.99
17.89
26.94
30.29
32.30
38.25
42.93
38.40
23.42
17.10
45.88
50.80
18.53
16.65
8.00
65.72
128.96
54.88
23.90
40.91
16.57
3.41
24.18
50.70
38.91
5.04
29.72
5.55
12.40
16.85
42.56
41.85
4.50
35.84
57.23
6.07
9.33
22.75
40.20
43.10
7.36
44.85
6.44
19.56
9.55
15.65
11.79
1.02
1.75
4.79
18.75
1.87
11.26
24.89
7.27
101.49
12.00
101.75
36.89
10.76
53.97
9.50
17.65
40.79
9.63
+1.10
+0.83
+0.95
–0.40
+0.35
–0.04
+0.33
–0.30
–0.40
+3.90
+1.65
+1.33
–0.16
+1.19
–0.05
+2.45
+1.10
+1.40
–0.05
+0.13
+0.67
–1.14
+1.95
+0.80
+0.42
+2.30
–0.11
+1.32
+1.47
+0.50
+0.30
+1.50
+1.05
+19.14
+1.61
–0.40
–0.35
+2.36
+1.27
+1.10
+2.30
+2.15
+0.35
+0.65
–0.11
+1.32
+1.30
+1.35
+2.31
+3.51
+0.74
+0.80
–5.53
+2.37
+0.68
+0.85
+0.08
+0.07
+2.73
+4.51
+1.49
+5.57
–0.09
–0.03
–1.63
+4.08
–0.30
–0.11
+1.31
+0.05
...
+0.85
+0.46
+1.45
+0.03
–2.50
+2.48
+0.27
+0.45
+2.40
+1.55
+1.60
+0.35
+1.50
–0.37
+0.77
+0.80
+1.15
–0.02
–0.12
+0.01
+0.22
+0.70
–0.02
–0.59
+0.16
+0.34
–6.97
+0.15
+2.48
–0.05
–0.34
+1.56
–0.38
+0.55
+0.29
+0.11
.67
5.38
1.41
...
1.22
–3.03
3.49
–.35
.42
1.45
2.21
1.73
–1.05
–.01
–1.97
–.98
1.50
.62
–.27
–.45
1.93
1.46
.46
2.10
2.19
–.44
–2.94
1.33
1.66
1.57
.61
1.40
1.71
18.77
1.45
1.00
1.14
3.19
...
1.43
1.59
3.12
.74
.35
1.85
1.65
2.30
2.13
1.98
2.05
1.14
.46
–3.48
2.22
.73
.84
–3.26
.92
4.15
1.30
–.23
–2.44
.59
–2.43
–2.84
3.02
1.20
–2.62
2.24
–.91
.85
–.10
1.59
.97
–.16
.18
.90
–.71
1.63
–13.79
–3.25
.94
1.09
1.65
–1.80
1.00
–.55
–.09
–7.65
–.74
–1.82
–1.00
.93
–1.41
...
–.54
–.01
–3.99
4.39
1.30
1.60
.64
2.70
–2.57
.48
–.15
–1.15
–.12
8.18
...
.04
.72
.35
5.31
–.06
.82
.66
2.22
1.92
–.97
1.38
.09
–1.91
1.48
1.00
.43
.56
1.83
2.13
1.37
1.95
1.49
.54
–.21
1.81
...
1.82
.63
1.73
1.52
...
1.59
1.36
1.08
3.18
...
1.53
1.70
2.72
.89
.94
1.57
1.66
2.29
2.22
2.33
2.36
1.31
...
2.24
2.57
...
...
...
1.96
5.10
1.67
.01
–5.33
1.09
–2.27
–3.71
...
1.85
–2.08
1.72
–1.53
.91
1.22
...
1.19
–.58
.95
2.32
1.70
.14
...
–4.67
1.50
.75
1.89
–1.88
–.21
...
–.09
–4.54
...
–1.18
.14
1.06
...
–.32
–2.92
–.16
–6.23
–1.71
–1.96
1.80
...
2.81
–2.73
...
–1.90
–1.06
.77
8.87
...
...
.79
.51
6.47
–.06
1.11
1.03
2.46
2.13
–.95
2.27
.86
–.89
1.71
.97
.36
.55
2.04
2.54
1.56
2.28
1.93
.60
–.02
2.31
...
2.10
.86
2.04
1.95
...
1.86
1.60
1.12
3.87
...
1.77
1.85
2.93
1.07
1.20
2.00
1.74
3.11
2.66
2.74
2.58
1.62
...
1.41
2.91
...
...
...
2.28
5.78
1.97
.09
–4.68
1.41
–2.28
–3.32
...
2.06
–1.49
1.86
–1.52
.98
1.35
...
1.58
–.06
1.14
2.60
–.30
.51
...
–3.88
1.67
.81
2.10
–.08
–.15
...
.13
–2.13
...
–.67
.32
1.19
...
–.01
–2.46
...
–5.87
–1.74
–1.56
1.83
...
2.85
–2.85
...
.10
–.68
FG
...
...
1.4
...
...
...
...
...
...
...
1.0
2.8
...
2.0
2.4
...
2.0
...
12.8
9.1
2.3
...
.8
2.9
...
3.7
...
.9
3.2
.5
.6
2.3
2.3
.3
2.5
2.1
1.1
1.9
...
2.6
1.7
2.1
1.6
...
2.4
2.9
.7
2.5
1.7
1.7
1.7
...
...
1.5
.8
...
...
.7
...
...
...
...
...
...
...
1.7
1.5
...
2.4
...
...
...
1.6
1.8
...
...
1.0
...
...
...
...
...
...
1.0
3.7
1.8
...
...
20.4
...
...
...
2.3
...
...
...
...
...
...
...
6.8
1.1
3.8
...
...
...
...
...
...
.12
...
...
...
...
...
.12
...
.10
.32
...
.08
.08
...
.12
...
.125
.125
.16
...
.07
.21
...
.11
...
.08
.24
.0375
.02
.18
.13
.30
.18
.14
.05
.25
...
.17
.19
.50
.07
...
.16
.22
.06
.24
.18
.32
.10
...
...
.19
.035
...
...
.1225
...
...
...
...
...
...
...
.22
.15
...
.18
...
...
...
.34
.19
...
...
.15
23.123
...
...
...
...
...
.1075
.06
.09
...
...
.60
...
...
...
.11
...
...
...
...
...
...
...
.63
.12
.51
...
...
...
...
October 2, 2017
BARRON’S
M23
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Nasdaq Issues
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
7.29
33.97
22.12
40.80
24.37
38.40
3.15
48.05
32.98
6.20
86.27
38.18
10.12
23.35
9.84
14.09
41.15
9.80
42.96
10.00
3.83
16.94
14.76
25.82
29.18
26.33
9.95
20.50
37.20
17.68
23.18
91.12
12.37
4.10
5.45
56.70
24.10
29.85
21.75
24.10
18.29
36.72
22.83
5.39
52.51
28.10
36.38
23.71
13.95
2.75
30.47
1.13
26.37
16.06
26.60
13.08
24.86
1.81
25.61
18.00
4.12
63.76
27.31
7.33
16.02
7.16
9.51
13.35
1.20
29.00
7.50
1.73
3.82
8.56
18.32
19.94
8.65
3.50
17.34
26.82
7.15
17.36
39.68
10.25
2.95
3.05
38.35
9.30
16.35
17.05
19.25
6.76
27.57
14.27
2.90
30.05
17.00
28.27
15.89
8.90
1.53
10.90
GenoceaBiosci
GenomicHealth
Gentex
Gentherm
GeospaceTech
GermanAmerBncp
Geron
GibraltarInds
GIIIApparel
GilatSatellite
GileadSciences
GlacierBancorp
GladstoneCap
GladstoneComm
GladstoneInvt
GladstoneLand
GlbBloodTherap
GlobalBrokerage
GlobalIndemnity
GlobalWaterRscs
GluMobile
GlycoMimetics
Gogo
GolarLNGPartners
GolarLNG
GoldenEnt
GoldenOcean
GolubCapital
Goodyear
GoPro
GovtPropIncoTr
GrandCanyonEduc
GreatElmCap
GreatElmCap
GreatLakesDredge
GreatSouthernBncp
GreenBancorp
GreenPlains
GreenPlainsPtrs
GreenlightCapRe
Gridsum
GriffinIndlRealty
Grifols
Groupon
GrAeroportuario
GuarantyBncp
GuarantyBcshrs
GuarFedBcsh
GulfIslandFab
Gulf Resources
GulfportEnergy
GNCA
GHDX
GNTX
THRM
GEOS
GABC
GERN
ROCK
GIII
GILT
GILD
GBCI
GLAD
GOOD
GAIN
LAND
GBT
GLBR
GBLI
GWRS
GLUU
GLYC
GOGO
GMLP
GLNG
GDEN
GOGL
GBDC
GT
GPRO
GOV
LOPE
GECC
GEC
GLDD
GSBC
GNBC
GPRE
GPP
GLRE
GSUM
GRIF
GRFS
GRPN
OMAB
GBNK
GNTY
GFED
GIFI
GURE
GPOR
30.21
44.73
18.95
22.29
42.75
19.75
20.69
21.00
45.61
12.09
17.62
26.92
52.94
35.85
12.22
22.29
15.64
6.18
3.90
116.20
60.90
31.30
54.80
22.36
48.37
37.38
55.68
54.95
31.53
25.22
52.65
27.10
102.88
13.20
93.50
14.87
21.95
30.00
45.85
6.00
11.97
203.01
23.22
46.80
47.20
29.69
33.70
27.05
48.10
22.99
15.45
29.25
21.98
13.75
17.70
32.68
13.95
8.05
52.50
1.70
111.60
14.74
41.95
60.64
12.72
28.97
13.58
15.94
30.75
12.00
13.24
7.02
31.01
9.77
8.18
17.32
31.67
22.76
6.09
15.13
8.24
2.80
2.25
76.14
36.20
20.10
35.15
13.32
28.97
4.00
34.83
30.34
20.60
17.06
35.29
17.37
77.50
10.75
73.11
10.23
11.85
17.66
9.40
2.00
4.88
132.00
15.08
35.15
27.00
19.74
24.00
18.00
24.06
15.10
11.00
17.70
9.45
9.64
6.42
26.06
9.15
4.70
33.17
1.00
76.20
9.57
24.80
29.53
H&E Equipment
HD Supply
HMN Fin
HMS Holdings
HSN
HabitRestaurants
HackettGroup
HailiangEduc
HainCelestial
HallmarkFin
HalozymeTherap
HamiltonLane
HancockHolding
HanmiFinancial
HanwhaQCELLS
HarborOneBncp
Hardinge
Harmonic
HarvardBioSci
Hasbro
HawaiianHoldings
HawaiianTelcom
Hawkins
HawthornBcsh
HaynesIntl
HealthInsInnov
HealthcareSvcs
HealthEquity
HealthStream
HeartlandExp
HeartlandFinUSA
Heidrick&Strug
HelenofTroy
HemisphereMedia
HenrySchein
HeritageCommerce
HeritageCrystal
HeritageFin
HibbettSports
HighpowerIntl
HimaxTechs
HinghamSvg
HollysysAuto
Hologic
HomeBancorp
HomeBancShares
HomeStreet
HomeTrustBcshs
HookerFurniture
HopeBancorp
HopFedBancorp
HorizonBancorp
HorizonPharma
HorizonTechFin
Hortonworks
HospitalityProp
HoughtonMifflin
HoustonWire
HubGroup
HudsonGlobal
JBHunt
HuntingtonBcshs
Hurco
HuronConsulting
HEES
HDS
HMNF
HMSY
HSNI
HABT
HCKT
HLG
HAIN
HALL
HALO
HLNE
HBHC
HAFC
HQCL
HONE
HDNG
HLIT
HBIO
HAS
HA
HCOM
HWKN
HWBK
HAYN
HIIQ
HCSG
HQY
HSTM
HTLD
HTLF
HSII
HELE
HMTV
HSIC
HTBK
HCCI
HFWA
HIBB
HPJ
HIMX
HIFS
HOLI
HOLX
HBCP
HOMB
HMST
HTBI
HOFT
HOPE
HFBC
HBNC
HZNP
HRZN
HDP
HPT
HMHC
HWCC
HUBG
HSON
JBHT
HBAN
HURC
HURN
...
...
2.0
...
...
1.4
...
...
...
...
2.6
2.2
8.8
6.7
8.1
3.9
...
...
...
2.9
...
...
...
9.9
.9
...
...
6.8
1.2
...
9.2
...
9.5
...
...
1.7
...
2.4
9.0
...
...
.8
1.5
...
13.9
1.8
1.6
1.9
.3
...
...
dd
dd
16
17
dd
22
dd
44
42
86
9
23
7
dd
10
cc
dd
dd
11
cc
dd
dd
dd
7
...
30
dd
14
7
dd
32
25
dd
dd
dd
16
66
cc
11
16
dd
36
...
dd
21
23
...
16
dd
2
dd
1.46
32.09
19.80
37.15
17.82
38.03
2.18
31.15
29.02
6.01
81.02
37.76
9.50
22.27
9.49
13.62
31.05
1.65
42.40
9.42
3.76
13.99
11.81
23.23
22.61
24.38
7.84
18.82
33.25
11.01
18.77
90.82
10.44
3.55
4.85
55.65
23.65
20.15
20.10
21.65
10.30
36.35
21.89
5.20
44.39
27.80
31.99
21.40
12.70
1.89
14.34
–3.83
+1.11
+0.32
+2.60
+0.91
+2.02
+0.02
+1.55
+0.80
+0.01
–2.25
+2.27
+0.25
+0.47
+0.19
+0.28
+2.55
+0.11
+0.79
–0.07
+0.11
+0.39
–0.64
+0.86
+1.01
+1.21
–0.87
+0.10
+0.68
+0.26
+0.33
+5.65
–0.14
–0.15
+0.15
+2.85
+2.00
–0.20
+0.05
+0.60
–0.25
–0.11
+0.91
+0.64
–2.16
+1.20
+1.13
–1.14
+0.70
+0.11
+0.28
–1.75
–.42
1.19
2.09
–3.52
1.57
–.19
1.05
1.10
–.10
9.94
1.59
.49
–.16
1.48
.04
–2.48
12.60
2.89
–.15
–.66
–1.50
–1.58
2.44
–1.99
.73
–1.34
1.33
4.74
–3.01
.81
3.15
–1.39
–.93
–.13
3.21
–.03
.28
1.75
1.20
...
.11
.88
–.34
2.04
1.05
1.35
1.27
.24
.78
–7.97
–1.89
–.01
1.27
2.10
...
1.73
–.17
1.47
1.35
...
8.74
1.77
.80
–.02
.70
.06
–2.45
...
–.35
.09
–.09
–1.18
–2.03
2.07
–1.76
.69
–.27
1.25
3.10
.03
.45
3.83
1.12
...
–.14
3.55
1.23
–.18
1.84
.75
–.25
...
1.16
.11
2.36
1.46
1.58
1.43
–1.39
...
1.37
–1.20
.35
1.39
2.59
...
1.99
.13
1.59
1.96
...
7.45
2.04
.85
–.01
.74
.08
–2.92
...
1.50
.12
.08
–.11
–1.56
1.66
.17
1.18
.28
1.29
4.26
.32
.34
4.09
1.05
...
–.11
3.42
1.55
1.06
2.04
2.73
.65
...
1.30
.17
2.70
1.63
1.86
1.51
.15
...
1.58
...
...
.10
...
...
.13
...
...
...
...
.52
.30
.07
.125
.064
.044
...
...
...
.0231
...
...
...
.5775
.05
...
...
.32
.10
...
.43
...
.083
...
...
.24
...
.12
.45
...
...
.30
.1635
...
1.5476
.125
.13
.10
.01
...
...
26
11
16
51
18
52
20
...
64
cc
dd
22
20
18
19
48
69
dd
dd
21
9
dd
21
15
dd
13
47
75
cc
38
16
dd
21
27
24
19
29
21
7
6
97
17
19
14
17
19
14
39
18
16
22
24
dd
dd
dd
24
dd
dd
25
dd
29
20
24
dd
29.20
36.07
17.85
19.86
39.05
13.05
15.19
19.49
41.15
11.61
17.37
26.85
48.45
30.95
8.21
18.81
15.27
3.05
3.75
97.67
37.55
29.82
40.80
20.70
35.91
14.50
53.97
50.58
23.37
25.08
49.40
21.15
96.90
11.95
81.99
14.23
21.75
29.50
14.25
4.60
10.93
190.27
21.61
36.69
41.82
25.22
27.00
25.65
47.75
17.71
14.50
29.17
12.68
11.11
16.95
28.49
12.05
5.25
42.95
1.46
111.08
13.96
41.60
34.30
+2.03
+1.15
–0.40
+0.62
–0.15
...
+0.52
–0.01
+1.55
+0.09
+0.59
+1.59
+2.50
+2.10
+0.09
+0.34
+0.70
+0.05
+0.10
+1.53
–0.15
+0.01
+2.70
+0.25
+2.84
–7.25
+0.78
+3.23
–0.22
+2.12
+2.90
+1.65
+2.95
–0.35
+2.39
+0.36
+1.25
+1.15
+0.60
–0.05
+0.77
+6.87
+1.13
–0.88
+0.03
+1.77
+1.25
+0.45
+1.60
+1.00
+0.61
+1.74
+0.36
+0.10
–0.02
+0.44
+0.75
+0.10
+1.45
+0.06
+5.33
+0.57
+1.90
+0.55
1.05
.97
1.34
.43
2.25
.27
.66
.60
.65
.34
–.81
.03
1.87
1.75
1.50
.18
.09
–.93
–.13
4.34
4.36
.10
2.13
1.24
.40
.57
1.05
.44
.12
.68
3.22
.81
5.04
.43
3.10
.72
.26
1.30
2.72
.41
.30
10.89
1.15
1.16
2.25
1.26
2.34
.65
2.18
1.10
.47
1.19
–1.04
–.43
–4.40
1.30
–2.32
–.37
2.20
–.26
3.81
.70
1.99
1.76
1.19
2.21
...
.81
2.48
.23
.97
...
1.66
.30
–.22
1.08
2.83
1.82
.57
.38
...
–.42
.13
5.06
5.60
–.84
...
...
–.75
1.53
1.25
.71
.19
.69
3.02
.36
6.73
.46
3.64
.77
.93
1.42
1.30
...
.11
...
1.70
2.01
2.55
1.38
1.58
1.16
2.78
1.20
.68
1.67
1.07
1.07
–1.72
1.07
–1.63
–.05
1.54
...
3.86
.91
...
2.22
1.21
2.78
...
.93
2.83
.26
1.09
...
1.87
1.00
–.78
1.27
3.27
2.00
.20
.51
...
.16
.17
5.28
4.67
–.72
...
...
.84
1.83
1.43
.73
.28
.87
3.44
1.19
7.07
.54
4.01
.90
.85
1.54
1.24
...
.38
...
1.95
2.19
2.90
1.64
2.06
1.35
3.48
1.35
.74
2.01
1.25
1.13
–1.19
1.23
–.71
.06
2.09
...
4.50
1.09
...
2.49
.275
...
...
...
.35
...
.15
...
...
...
...
.175
.24
.21
...
...
.02
...
...
.57
...
...
.44
.07
.22
...
.1888
...
...
.02
.11
.13
...
...
...
.10
...
.13
...
...
.24
.34
.12
...
.14
.11
...
...
.12
.13
.05
.13
...
.10
...
.52
...
...
...
...
.23
.08
.10
...
H
3.8
...
...
...
3.6
...
2.0
...
...
...
...
2.6
2.0
2.7
...
...
.5
...
...
2.3
...
...
2.2
1.4
2.5
...
1.4
...
...
.3
.9
2.5
...
...
...
2.8
...
1.8
...
...
2.2
.7
.6
...
1.3
1.7
...
...
1.0
2.9
1.4
1.8
...
10.8
...
7.3
...
...
...
...
.8
2.3
1.0
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
27.96 10.61 HutchisonChina HCM ... cc 27.27 +1.39 .10 –.17 –.16
11.25 3.90 Hydrogenics HYGS ... dd 8.15 –0.25 –.79 –.66 ...
...
...
I
119.53
59.55
188.85
173.01
7.56
23.00
48.53
41.43
28.99
61.10
44.71
187.98
61.50
23.95
91.10
64.46
29.73
117.53
10.80
18.67
214.34
11.92
13.05
8.84
14.19
25.70
57.24
60.85
153.15
75.65
23.65
66.85
12.50
3.84
101.70
4.30
52.40
11.94
2.59
58.22
74.75
4.54
14.55
105.35
9.70
17.80
9.86
3.23
53.19
31.39
42.81
59.99
15.06
56.42
28.08
38.45
26.70
42.10
45.08
166.30
102.30
22.60
1.20
4.79
42.25
40.31
14.10
10.08
33.25
5.75
14.15
22.67
12.95
146.72
1054.77
10.15
24.15
15.11
199.75
6.85
13.95
60.01
8.60
1.89
52.43
16.39
11.58
109.78
19.94
77.65
36.95
60.39
40.20
124.68
102.45
4.63
14.02
34.13
23.39
15.94
40.65
33.11
81.00
38.01
10.06
62.66
45.18
9.76
73.76
4.79
11.70
119.37
6.22
4.50
1.51
2.02
7.75
34.40
23.55
83.01
47.50
16.33
43.00
7.23
0.84
73.80
2.95
20.75
8.07
1.30
37.67
54.10
2.61
8.67
50.24
0.85
8.60
5.28
0.87
28.15
10.21
22.50
30.69
8.68
37.71
19.38
33.23
10.83
29.40
31.97
54.98
67.55
14.59
0.78
0.80
28.47
30.05
5.86
6.70
7.65
1.70
5.60
7.85
5.39
103.22
610.71
2.96
15.35
11.58
93.78
1.10
4.50
24.58
4.45
0.51
22.16
7.58
7.50
42.06
12.48
51.55
23.95
IAC/InterActive
ICF Intl
ICU Medical
IdexxLab
ID Systems
IES Holdings
IHSMarkit
II-VI
ILG
INC Research
INTL FCStone
IPG Photonics
IRSA Prop
IXYS
Iberiabank
IcahnEnterprises
Ichor
Icon
IconixBrand
iKangHealthcare
Illumina
Immersion
ImmuneDesign
Immunogen
Immunomedics
ImpaxLabs
Imperva
Impinj
Incyte
IndependentBank
IndepBankMI
IndependentBank
Infinera
InfinityPharm
InfinityPropCas
InfoSvcsGrp
InglesMarkets
InnerWorkings
Innodata
Innophos
Innospec
InnovSolSuprt
Innoviva
Inogen
InotekPharm
Inovalon
InovioPharma
Inseego
InsightEnt
Insmed
InsteelInds
Insulet
InsysTherap
IntegraLifeSci
IntegratedDevice
Intel
IntelliaTherap
InterParfums
InteractiveBrkrs
InterceptPharm
InterDigital
Interface
Intermolecular
InterNAP
IntlBcshs
IntlSpeedwayA
InternetGold
InternetInitiat
IntersectENT
Intersections
Intevac
Intra-Cellular
Intricon
Intuit
IntuitiveSurgical
InventureFoods
Investar
InvestorsBancorp
InvestorsTitle
InVivoTherap
Invuity
IonisPharma
IovanceBiotherap
iPass
iRhythmTechs
Iridex
IridiumComm
iRobot
IronwoodPharm
Itron
IturanLocation
IAC
ICFI
ICUI
IDXX
IDSY
IESC
INFO
IIVI
ILG
INCR
INTL
IPGP
IRCP
IXYS
IBKC
IEP
ICHR
ICLR
ICON
KANG
ILMN
IMMR
IMDZ
IMGN
IMMU
IPXL
IMPV
PI
INCY
INDB
IBCP
IBTX
INFN
INFI
IPCC
III
IMKTA
INWK
INOD
IPHS
IOSP
ISSC
INVA
INGN
ITEK
INOV
INO
INSG
NSIT
INSM
IIIN
PODD
INSY
IART
IDTI
INTC
NTLA
IPAR
IBKR
ICPT
IDCC
TILE
IMI
INAP
IBOC
ISCA
IGLD
IIJI
XENT
INTX
IVAC
ITCI
IIN
INTU
ISRG
SNAK
ISTR
ISBC
ITIC
NVIV
IVTY
IONS
IOVA
IPAS
IRTC
IRIX
IRDM
IRBT
IRWD
ITRI
ITRN
9.15
8.48
143.21
48.99
4.04
91.48
109.67
113.30
10.98
46.20
163.75
24.13
73.69
29.29
6.40
47.03
4.89
13.57
109.59
2.68
4.42
102.81
23.38
1.36
62.55
79.00
90.89
6.71
34.93
95.80
16.85
31.25
11.05
3.65
17.52
3.30
6.18
68.63
JAKKS Pacific
JA Solar
J&JSnackFoods
JD.com
JMU
j2Global
JackHenry
JackintheBox
Jamba
JamesRiver
JazzPharma
JetBlue
JohnsonOutdoors
JounceTherap
JuniperPharm
JunoTherap
KCAPFinancial
KEYW
KLA Tencor
JAKK
JASO
JJSF
JD
JMU
JCOM
JKHY
JACK
JMBA
JRVR
JAZZ
JBLU
JOUT
JNCE
JNP
JUNO
KCAP
KEYW
KLAC
...
...
...
...
...
...
...
...
2.2
...
...
...
2.2
...
1.8
10.9
...
...
...
...
...
...
...
...
...
...
...
...
...
1.7
1.8
.7
...
...
2.5
...
2.6
...
...
3.9
1.2
...
...
...
...
...
...
...
...
...
.5
...
...
...
...
2.9
...
1.6
.9
...
1.9
1.2
...
...
1.6
1.2
...
...
...
...
...
...
...
1.1
...
...
.5
2.3
.9
...
...
...
...
...
...
...
...
...
...
...
4.4
44
22
71
53
dd
3
46
28
26
32
15
31
15
32
20
7
22
23
dd
dd
39
dd
dd
dd
dd
dd
dd
dd
dd
25
20
20
dd
dd
26
dd
11
32
dd
22
20
12
17
90
dd
cc
dd
dd
17
dd
18
dd
dd
62
35
15
dd
32
44
dd
8
28
dd
dd
18
24
dd
28
dd
dd
35
dd
dd
38
50
dd
23
22
15
dd
dd
cc
dd
dd
dd
dd
11
38
dd
97
18
117.58
53.95
185.85
155.49
7.51
17.30
44.08
41.15
26.73
52.30
38.32
185.06
57.50
23.70
82.15
54.86
26.80
113.88
5.69
13.48
199.20
8.17
10.35
7.65
13.98
20.30
43.40
41.61
116.74
74.65
22.65
60.30
8.87
1.33
94.20
4.02
25.70
11.25
1.50
49.19
61.65
3.64
14.12
95.10
1.78
17.05
6.34
1.51
45.92
31.21
26.11
55.08
8.88
50.48
26.58
38.08
24.85
41.25
45.04
58.04
73.75
21.90
1.02
4.35
40.10
36.00
7.34
9.24
31.15
3.37
8.45
15.78
12.10
142.14
1045.88
4.69
24.10
13.64
179.07
1.45
8.90
50.70
7.75
.66
51.88
9.37
10.30
77.06
15.77
77.45
36.05
–0.46
+1.55
+0.95
–2.01
+1.25
+0.95
–4.35
+0.75
+0.31
+0.30
+2.11
–2.30
+0.19
+0.40
+4.70
+0.14
+2.11
+2.91
+0.31
–0.04
–2.21
+0.14
–0.15
+1.10
+2.51
–2.70
–1.00
+0.36
+5.89
+2.35
+2.00
+1.65
+0.42
+0.19
+4.40
+0.27
+1.20
+0.35
...
+1.94
+3.30
+0.05
+0.34
–6.65
+0.23
+0.35
+0.19
+0.10
+3.09
+2.71
+0.46
–2.35
+0.07
+1.55
+0.38
+0.90
+0.15
+1.30
+0.89
–3.55
+1.40
+0.50
–0.03
+0.21
+1.45
+0.45
–0.66
+0.04
+1.40
...
–0.30
–3.51
–0.10
–4.18
+14.36
+0.01
+0.80
+0.18
+3.82
+0.05
+0.60
–0.62
+0.05
+0.07
+0.27
–0.06
+0.35
+0.92
–0.07
+0.85
–0.05
–.52
2.40
3.66
2.44
–.49
5.62
.48
1.48
2.60
2.03
2.90
4.85
2.21
.66
4.30
–8.03
.70
4.75
–4.82
...
3.07
–1.37
–2.47
–.91
–1.47
–6.63
–2.18
–.74
.54
2.90
1.05
2.88
–.17
–.61
3.88
–.18
2.68
.08
–.22
2.44
3.33
.12
.53
.97
–1.60
.18
–1.01
–1.12
2.32
–2.85
1.95
–.51
.10
.47
.80
2.12
–1.42
1.07
1.25
–16.74
8.78
.83
–.31
–2.38
2.02
1.66
–2.74
.32
–.89
–1.31
–.36
–2.69
–.71
3.72
18.73
–1.54
1.10
.64
10.19
–.76
–2.73
–.72
–1.85
–.12
–3.95
–1.15
.89
1.48
–.56
.82
1.53
3.03
2.99
4.11
3.18
–.03
...
2.06
1.83
1.18
2.57
...
6.64
1.62
.93
4.74
9.91
2.41
5.31
.67
...
3.65
–1.66
–2.29
–.83
–.53
.70
.80
.05
–.84
3.42
1.23
3.49
–.56
–.98
3.04
.04
2.35
.48
...
2.53
4.25
.38
1.18
1.21
–1.05
.32
–.95
–.35
3.23
–2.68
1.34
–.51
–.33
1.90
1.49
3.01
–1.75
1.28
1.48
–13.89
3.61
1.13
–.20
–.64
...
1.54
...
.43
–.61
...
.12
–2.36
.34
4.97
23.91
–.13
1.12
.56
...
–.79
–2.37
–.19
–1.42
–.24
–1.13
–.72
.80
1.58
–1.13
3.07
2.03
4.39
3.23
5.88
3.54
.36
...
2.30
2.53
1.32
3.10
...
7.36
2.57
1.05
5.96
3.35
2.79
5.85
.66
...
4.41
–.82
–2.34
–1.52
–.26
1.06
.94
.25
.31
4.01
1.41
4.26
–.10
–1.60
4.95
.15
2.45
.56
...
2.79
4.35
...
1.81
1.34
–.26
.37
–1.03
...
3.49
–2.46
1.87
–.23
–.07
2.19
1.75
3.11
–2.06
1.44
1.57
–11.91
2.99
1.31
–.10
–.50
...
1.69
...
.48
–.39
...
.55
–3.06
.41
5.57
27.84
.08
1.61
.63
...
–.76
–1.69
–.09
–1.44
–.08
–.69
–.63
.34
2.65
–.55
3.60
2.09
...
...
...
...
...
...
...
...
.15
...
...
...
.639
...
.37
1.50
...
...
...
...
...
...
...
...
...
...
...
...
...
.32
.10
.10
...
...
.58
...
.165
...
...
.48
.38
...
...
...
...
...
...
...
...
...
.03
...
...
...
...
.2725
...
.17
.10
...
.35
.065
...
...
.33
.43
...
...
...
...
...
...
...
.39
...
...
.03
.08
.40
...
...
...
...
...
...
...
...
...
...
...
.24
dd
5
33
dd
dd
25
33
23
dd
16
23
9
23
...
6
dd
24
dd
18
3.00
7.62
131.30
38.20
1.47
73.88
102.79
101.92
8.64
41.48
146.25
18.53
73.28
15.58
4.55
44.86
3.65
7.61
106.00
+0.10
–0.26
+2.57
–4.17
–0.04
–0.05
+0.53
+4.61
+0.31
+0.80
–1.64
–0.09
+6.64
+0.61
–0.10
–0.28
+0.16
+0.05
+5.41
.07
2.19
4.05
...
–.36
3.13
3.14
3.63
.58
2.49
6.41
2.22
1.34
–11.00
.55
–2.42
–.03
–.63
5.88
.04
.84
4.16
–.04
...
5.78
3.29
4.05
...
2.50
10.88
1.88
3.51
–.73
–.45
–3.27
.31
–.27
6.73
.30
.49
4.46
.40
...
6.32
3.54
4.82
...
2.68
13.01
2.00
3.12
–.22
.15
–3.58
.36
.27
7.12
...
...
.42
...
...
.385
.31
.40
...
.30
...
...
.09
...
...
...
.12
...
.59
JK
...
...
1.3
...
...
2.1
1.2
1.6
...
2.9
...
...
.5
...
...
...
13.2
...
2.2
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
54.40
25.99
12.75
104.02
26.75
10.65
8.61
6.50
14.63
16.10
25.48
5.40
10.15
29.90
19.67
8.20
26.95
22.05
20.24
47.78
17.41
179.87
13.50
4.60
23.15
97.77
13.93
23.00
15.30
33.17
16.32
7.50
69.41
16.38
5.48
3.75
3.40
6.27
13.35
18.06
2.45
8.00
20.95
9.68
6.69
15.95
13.17
11.97
20.81
8.17
39.82
1.50
1.93
9.00
77.40
5.23
12.64
4.00
KLX
K2MGroup
KVH Inds
KaiserAlum
KalaPharm
KalVistaPharm
Kamada
KandiTech
KaryopharmTherap
KearnyFinancial
KellyServices A
KemPharm
KY FirstFedBncp
KewauneeSci
KeyTechnology
KeyTronic
Kforce
KimballElec
KimballIntl B
KinsaleCapital
Kirkland's
KitePharma
KonaGrill
Kopin
KornitDigital
KraftHeinz
KratosDefense
Kulicke&Soffa
KuraOncology
KLXI
KTWO
KVHI
KALU
KALA
KALV
KMDA
KNDI
KPTI
KRNY
KELYA
KMPH
KFFB
KEQU
KTEC
KTCC
KFRC
KE
KBAL
KNSL
KIRK
KITE
KONA
KOPN
KRNT
KHC
KTOS
KLIC
KURA
49.95
71.63
36.05
52.27
11.55
16.59
20.88
49.22
17.18
185.23
79.09
149.30
15.50
32.40
18.15
100.00
20.45
7.99
18.96
28.10
12.63
10.10
2.77
44.94
39.29
255.00
19.50
104.35
104.66
58.20
37.69
39.85
37.00
28.68
28.99
25.10
26.00
62.41
38.60
39.68
26.52
26.20
46.43
46.24
16.20
21.80
22.74
70.95
21.20
18.48
138.49
4.25
24.50
3.74
97.97
11.49
199.26
70.50
26.05
14.05
40.82
123.95
10.71
49.55
95.92
72.70
68.63
23.62
17.99
26.82
32.04
27.85
28.70
4.99
13.36
13.15
33.98
9.61
93.42
58.68
113.34
11.20
25.00
12.55
65.05
7.61
5.05
12.12
16.69
6.98
4.90
1.08
31.03
18.55
75.05
11.80
61.69
63.64
35.96
28.17
29.05
27.36
19.10
19.33
17.62
17.24
36.54
26.95
26.44
16.52
16.18
31.83
31.34
10.88
11.30
10.05
50.60
12.55
7.20
87.50
1.70
16.39
1.56
59.27
5.50
124.32
40.84
14.05
5.43
21.14
86.22
2.43
35.55
17.14
47.26
32.90
17.64
13.25
LGI Homes
LHC Group
LKQ
LPL Financial
LSI Inds
LakeShoreBancorp
LakelandBcp
LakelandFin
LakelandInd
LamResearch
LamarAdvertising
LancasterColony
Landec
LandmarkBncp
LandmarkInfrPtrs
LandstarSystem
Lantheus
LatticeSemi
LaureateEduc
LawsonProducts
LayneChristensen
LeapTherap
LegacyReserves
LegacyTexasFin
LeMaitreVascular
LendingTree
LexiconPharm
LibertyBroadbandA
LibertyBroadbandC
LibertyExpediaA
LibertyGlobal A
LibertyGlobal B
LibertyGlobal C
LibertyLiLAC A
LibertyLiLAC C
LibertyQVC B
LibertyQVC A
LibertyVenturesA
LibertyFormOne A
LibertyFormOne C
LibertyBraves A
LibertyBraves C
LibertySirius A
LibertySirius C
LibertyTax
LibertyTripAdvB
LibertyTripAdvA
LifePointHealth
LifetimeBrands
LifewayFoods
LigandPharm
LimelightNetworks
Limoneira
LincolnEduc
LincolnElectric
LiquiditySvcs
Littelfuse
LivaNova
LiveOakBcshs
LivePerson
LogitechIntl
LogMeIn
LonestarRscs
LoralSpace
LoxoOncology
lululemon
Lumentum
Luminex
LumosNetworks
LGIH
LHCG
LKQ
LPLA
LYTS
LSBK
LBAI
LKFN
LAKE
LRCX
LAMR
LANC
LNDC
LARK
LMRK
LSTR
LNTH
LSCC
LAUR
LAWS
LAYN
LPTX
LGCY
LTXB
LMAT
TREE
LXRX
LBRDA
LBRDK
LEXEA
LBTYA
LBTYB
LBTYK
LILA
LILAK
QVCB
QVCA
LVNTA
FWONA
FWONK
BATRA
BATRK
LSXMA
LSXMK
TAX
LTRPB
LTRPA
LPNT
LCUT
LWAY
LGND
LLNW
LMNR
LINC
LECO
LQDT
LFUS
LIVN
LOB
LPSN
LOGI
LOGM
LONE
LORL
LOXO
LULU
LITE
LMNX
LMOS
...
...
...
1.9
...
...
...
...
...
.8
1.2
...
4.1
2.3
...
...
2.4
...
1.4
.6
...
...
...
...
...
3.2
...
...
...
35
dd
dd
23
...
dd
dd
dd
dd
73
7
dd
85
18
36
14
15
17
20
31
22
dd
dd
dd
...
25
dd
18
dd
52.93
21.21
11.95
103.14
22.84
6.73
4.80
5.75
10.98
15.35
25.09
3.70
9.80
29.50
18.89
7.21
20.20
21.65
19.77
43.17
11.43
179.81
3.80
4.17
15.30
77.55
13.08
21.57
14.95
+0.02
+0.36
+0.25
+0.65
+2.15
–0.27
+0.05
+0.85
+0.35
+0.10
+1.31
...
+0.10
+0.80
+2.44
+0.23
+1.25
+0.80
+1.76
+0.11
+0.82
+0.51
–0.50
–0.24
–2.15
+0.03
+0.08
+1.40
+2.95
.92
–1.00
–.47
5.09
–1.37
–4.47
–.18
–.14
–2.92
.22
3.13
–1.13
.11
1.66
–.11
.51
1.25
1.24
.99
.56
.68
–5.46
–2.00
–.37
.03
2.81
–.99
.67
–1.47
3.07
–.78
–.53
5.47
–1.77
–2.49
.09
...
–2.67
.23
1.73
–2.71
...
...
.48
...
1.51
...
...
1.41
.57
–8.24
–1.26
–.39
.18
3.63
–.16
1.41
–1.53
3.87
–.37
–.23
5.78
–1.75
–2.88
.19
...
–2.59
.28
1.84
–2.30
...
...
.90
...
1.65
...
...
1.68
.71
–6.91
–.91
...
.50
3.92
.14
1.53
–1.89
...
...
...
.50
...
...
...
...
...
.12
.075
...
.10
.17
...
...
.12
...
.07
.06
...
...
...
...
...
.625
...
...
...
13
32
22
22
55
35
19
22
17
20
22
29
37
13
34
29
25
dd
cc
45
dd
...
dd
19
54
cc
dd
cc
cc
1
38
40
37
27
26
9
9
19
...
...
dd
dd
31
31
18
53
48
13
15
93
cc
dd
39
dd
26
dd
31
cc
34
dd
29
dd
dd
29
dd
30
dd
64
dd
48.57
70.92
35.99
51.57
6.61
16.00
20.40
48.72
14.10
185.04
68.53
120.12
12.95
28.25
16.95
99.65
17.80
5.21
14.55
25.20
12.55
5.71
1.52
39.92
37.42
244.45
12.29
94.18
95.30
53.11
33.91
35.25
32.70
23.76
23.30
24.21
23.57
57.55
36.49
38.09
25.37
25.27
41.90
41.87
14.40
13.90
12.35
57.90
18.30
8.90
136.15
3.97
23.17
2.50
91.68
5.90
195.88
70.06
23.45
13.55
36.46
110.05
3.51
49.50
92.12
62.25
54.35
20.33
17.92
+3.26
+5.45
+1.08
+2.06
+0.04
+0.20
+1.15
+2.46
+0.15
+8.31
+3.75
+2.62
+0.70
–0.67
+0.15
+2.40
+0.45
–0.04
+0.14
–0.20
+0.25
+0.13
+0.16
+1.12
+0.17
–2.30
–0.10
+0.10
–0.32
–0.95
–0.34
+1.05
–0.37
+0.01
+0.01
+0.82
–0.19
+0.72
–0.01
+0.53
–0.75
–0.78
–0.73
–0.74
+0.25
–0.10
–1.70
+0.70
+0.40
–0.15
+0.60
+0.01
+0.53
–0.20
–1.16
+0.10
+6.56
+0.22
+1.10
–0.30
–0.52
–1.10
+0.47
+1.30
+5.31
+4.11
–0.75
+0.39
–0.01
3.41
2.07
1.50
2.13
.12
.58
.95
2.05
.53
9.24
3.05
4.20
.38
2.31
.41
3.25
.82
–.45
2.76
–.19
–2.64
–2.73
–1.06
2.09
.55
2.15
–1.36
6.00
6.00
39.52
2.16
2.16
2.16
2.16
2.16
.98
.98
.98
.42
.42
...
...
.88
.88
.94
.28
.28
2.82
1.08
.22
–.08
–.71
.52
–1.21
2.91
–1.96
4.60
–1.29
.39
–.46
1.27
.10
–11.64
1.49
–3.46
2.21
–1.71
.32
–.02
4.30
2.39
1.88
2.40
.20
...
1.09
2.38
.83
12.75
3.10
4.70
.55
...
.47
3.57
1.20
.13
–.45
1.14
–.36
–3.16
–.09
2.20
.79
2.42
–1.44
.26
.26
–9.33
–.30
–.25
–.25
.40
.40
1.08
1.08
2.34
–.62
–.84
–.64
–.64
1.74
1.83
1.23
...
–.39
4.06
1.32
.14
2.95
.06
.53
–.46
3.73
–.87
7.73
3.25
.90
.10
1.45
4.05
–.41
...
–4.42
2.40
3.01
.71
–.19
5.05
2.63
2.12
3.14
.32
...
1.22
2.56
.87
13.65
3.24
5.12
.71
...
.82
4.03
1.15
.41
.80
.75
.51
–3.09
.26
2.69
.86
3.90
–1.06
.88
.88
–12.59
.67
.68
.68
1.04
1.04
1.41
1.42
5.61
–.06
–.24
–.59
–.59
2.25
2.42
1.40
...
–.40
4.44
1.60
.20
3.86
.10
.65
.11
4.17
–.56
8.42
3.52
1.19
.14
1.67
4.85
–.26
...
–4.36
2.71
3.54
.79
.13
...
...
...
.25
.05
.08
.10
.22
...
.45
.83
.55
...
.20
.355
.10
...
...
...
...
...
...
...
.15
.055
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.16
...
...
...
.0425
...
...
...
.055
...
.35
...
.37
...
.03
...
.6318
.25
...
...
...
...
...
.06
...
L
...
...
...
1.9
3.0
2.0
2.0
1.8
...
1.0
4.8
1.8
...
2.8
8.4
.4
...
...
...
...
...
...
...
1.5
.6
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
4.4
...
...
...
.9
...
...
...
.9
...
1.5
...
.8
...
.5
...
1.7
.9
...
...
...
...
...
1.2
...
M
65.99
48.47
12.25
20.87
11.43
68.70
62.00
95.50
18.70
20.00
59.00
43.77
10.67
31.85
35.33
35.00
8.20
10.84
2.75
53.48
31.93
46.51
13.26
15.40
41.53
23.00
7.81
14.36
Macom Tech
MB Fin
MBT Fin
MCBCHoldings
MDC Partners
MGE Energy
MGPIngredients
MKS Instrum
MSB Fin
MTGEInvestment
MTS Systems
MYR Group
Macatawa
Macrogenics
MTSI
MBFI
MBTF
MCFT
MDCA
MGEE
MGPI
MKSI
MSBF
MTGE
MTSC
MYRG
MCBC
MGNX
...
1.9
2.2
...
...
2.0
.3
.7
...
9.3
2.2
...
1.9
...
dd
21
18
19
dd
29
32
20
48
9
41
29
19
dd
44.61
45.02
10.95
20.38
11.00
64.60
60.63
94.45
17.85
19.40
53.45
29.14
10.26
18.48
+1.34
+1.93
+0.15
+0.72
+0.60
–0.20
+2.06
+3.10
+0.05
–0.40
+2.15
+1.83
+0.39
+1.43
.03
2.13
.63
1.05
–.93
2.18
1.82
1.94
.20
.85
1.70
1.23
.47
–1.69
2.33
2.46
.59
1.45
.32
2.20
1.70
5.44
...
2.11
2.17
.93
.56
–4.32
2.63
2.89
.70
1.59
.53
2.30
1.95
5.89
...
2.02
2.56
1.58
.60
–3.94
...
.21
.06
...
...
.3225
.85
.175
.425
.45
.30
...
.05
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
8.00
86.73
8.95
8.90
14.95
18.95
37.20
40.90
31.94
24.54
59.60
23.80
4.34
45.52
3.75
5.98
211.06
29.40
111.32
21.15
22.88
18.67
104.71
24.40
15.74
23.45
33.23
4.40
77.85
49.70
13.89
6.61
51.49
44.30
4.64
55.95
7.78
85.92
8.25
38.94
24.51
52.80
297.95
38.68
12.98
52.00
20.55
19.75
42.60
67.90
18.48
33.63
169.81
12.50
106.90
53.35
25.57
91.83
39.36
57.97
75.97
207.28
3.25
3.37
29.96
150.87
44.48
37.58
39.20
36.45
30.10
2.94
29.75
14.83
12.00
5.14
8.94
37.05
6.78
2.08
19.90
46.69
39.79
47.23
17.92
107.87
24.45
61.86
57.25
85.58
31.57
5.45
88.25
13.35
39.00
45.87
49.55
36.49
4.08
49.50
6.65
5.65
10.09
6.25
23.84
19.75
14.12
10.88
40.83
12.51
0.67
33.50
2.46
0.82
145.10
17.05
65.91
11.22
15.55
12.30
53.78
15.08
6.28
7.80
14.35
2.10
57.40
37.25
3.85
4.39
20.19
29.27
1.60
30.80
4.40
46.10
4.25
21.76
14.89
38.75
148.98
26.41
7.60
22.31
15.06
10.75
20.70
11.30
12.71
13.13
109.14
4.01
60.20
33.96
17.25
57.52
16.17
37.11
56.32
122.91
0.89
0.92
18.10
108.45
32.23
24.60
27.93
26.99
16.75
2.14
16.95
5.55
4.85
2.82
6.21
23.40
2.60
1.29
10.75
16.73
21.13
40.04
5.83
75.04
15.75
39.65
40.64
67.74
21.75
2.55
63.05
9.50
26.30
29.39
10.55
15.15
MagalSec
MagellanHealth
MagicSoftware
magicJackVocal
MagyarBancorp
MaidenHoldings
MainSourceFncl
MakeMyTrip
MalibuBoats
MammothEnergy
ManhattanAssoc
Mannatech
MannKind
ManTechIntl
Marchex
MarinusPharma
MarketAxess
MarlinBusSvcs
Marriott
MartenTransport
MartinMidstream
MarvellTech
Masimo
MatchGroup
Materialise
MatrixService
Mattel
Mattersight
MatthewsIntl
MaximIntProducts
MaxPoint
MaxwellTechs
MazorRobotics
McGrathRentCorp
MedallionFin
Medicines
MediciNova
MedidataSolutions
MediWound
Medpace
MelcoResorts
MellanoxTech
MercadoLibre
MercantileBank
MercerIntl
MercurySystems
MeridianBancorp
MeridianBiosci
MeritMedical
MerrimackPharm
MersanaTherap
Merus
MesaLab
Mesoblast
MetaFinancial
Methanex
Michaels
MicrochipTech
MicronTech
Microsemi
Microsoft
MicroStrategy
MicroVision
MidConEnergy
MidPennBancorp
Middleby
MiddlesexWater
MidlandStBncp
MidWestOneFin
MillerHerman
Mimecast
Mind CTI
Mindbody
MinervaNeurosci
Misonix
MitchamIndustries
MitelNetworks
MobileMini
MobileIron
ModusLink
MomentaPharm
Momo
MonarchCasino
Mondelez
MoneyGram
MonolithicPower
MonotypeImaging
Monro
MonsterBeverage
Morningstar
MotorcarParts
MtnProvDiamonds
Multi-Color
MustangBio
MutualFirstFin
Mylan
MyoKardia
MyriadGenetics
MAGS
MGLN
MGIC
CALL
MGYR
MHLD
MSFG
MMYT
MBUU
TUSK
MANH
MTEX
MNKD
MANT
MCHX
MRNS
MKTX
MRLN
MAR
MRTN
MMLP
MRVL
MASI
MTCH
MTLS
MTRX
MAT
MATR
MATW
MXIM
MXPT
MXWL
MZOR
MGRC
MFIN
MDCO
MNOV
MDSO
MDWD
MEDP
MLCO
MLNX
MELI
MBWM
MERC
MRCY
EBSB
VIVO
MMSI
MACK
MRSN
MRUS
MLAB
MESO
CASH
MEOH
MIK
MCHP
MU
MSCC
MSFT
MSTR
MVIS
MCEP
MPB
MIDD
MSEX
MSBI
MOFG
MLHR
MIME
MNDO
MB
NERV
MSON
MIND
MITL
MINI
MOBL
MLNK
MNTA
MOMO
MCRI
MDLZ
MGI
MPWR
TYPE
MNRO
MNST
MORN
MPAA
MPVD
LABL
MBIO
MFSF
MYL
MYOK
MYGN
10.95
42.56
29.07
83.95
25.90
3.45
12.70
31.65
113.40
14.10
32.42
23.45
13.88
8.45
78.31
13.49
75.40
6.87
31.28
18.17
63.72
15.45
0.36
7.12
13.43
95.88
6.52
18.65
13.17
2.60
2.71
63.30
7.35
47.20
Napco Security
NBT Bancorp
NCS Multistage
NICE
NIC
NII Holdings
NMI Holdings
NN
NXP Semi
NabrivaTherap
Nanometrics
NanoStringTech
NantHealth
NantKwest
Nasdaq
Natera
Nathan's
NSSC
NBTB
NCSM
NICE
EGOV
NIHD
NMIH
NNBR
NXPI
NBRV
NANO
NSTG
NH
NK
NDAQ
NTRA
NATH
...
...
...
...
...
7.5
1.9
...
...
...
...
3.4
...
1.9
...
...
.7
1.9
1.2
.5
12.9
1.3
...
...
...
...
3.9
...
1.1
3.0
...
...
...
2.4
9.2
...
...
...
...
...
...
...
.2
2.2
3.9
...
.9
3.5
...
...
...
...
.4
...
.7
2.4
...
1.6
...
...
2.3
...
...
...
1.8
...
2.2
2.5
2.0
2.0
...
12.4
...
...
...
...
...
2.6
...
...
...
...
...
2.2
...
.8
2.3
1.3
...
1.1
...
...
.2
...
1.7
...
...
...
dd
24
32
dd
56
dd
20
dd
20
dd
24
63
2
29
dd
dd
48
24
38
33
18
42
14
32
dd
dd
22
dd
26
24
dd
dd
dd
25
6
dd
dd
cc
dd
57
47
cc
79
19
20
89
23
28
61
dd
...
dd
54
cc
15
20
11
48
9
49
28
18
dd
dd
15
24
29
16
16
18
dd
10
dd
dd
dd
dd
dd
30
dd
dd
dd
31
27
36
34
76
cc
30
42
22
15
dd
24
dd
21
26
dd
cc
4.80
86.30
8.70
7.15
12.25
7.95
35.86
28.75
31.64
16.86
41.57
14.50
2.17
44.15
3.09
5.87
184.51
28.75
110.26
20.55
15.55
17.90
86.56
23.19
14.56
15.20
15.48
2.80
62.25
47.71
13.89
5.13
49.37
43.75
2.17
37.04
6.37
78.06
5.35
31.90
24.12
47.15
258.93
34.90
11.85
51.88
18.65
14.30
42.35
14.54
17.29
19.87
149.32
5.48
78.40
50.30
21.47
89.78
39.33
51.48
74.49
127.71
2.78
1.15
29.40
128.17
39.27
31.68
33.76
35.90
28.42
2.59
25.85
7.60
10.15
3.49
8.39
34.45
3.70
1.88
18.50
31.34
39.53
40.66
16.11
106.55
19.25
56.05
55.25
84.99
29.46
3.20
81.95
11.84
38.45
31.37
42.85
36.18
+0.28
+3.30
–0.05
–0.15
+0.07
+0.25
+1.61
+0.30
+1.87
+0.95
–2.97
+0.50
+0.19
+1.83
–0.02
+0.99
+2.01
–0.15
+2.38
+1.65
–1.05
+0.03
+1.58
–0.96
+0.08
+0.40
+0.96
–0.10
+1.00
+0.78
+0.04
–0.03
+0.66
+1.97
...
+1.60
+0.19
+1.56
+0.55
+0.58
+0.59
+1.00
–20.53
+1.40
+1.25
+2.08
+0.25
+0.10
+1.55
+0.28
–0.77
+1.55
+6.42
+0.01
+3.65
–1.50
+0.23
+0.09
+3.26
+1.58
+0.08
+2.95
+0.10
+0.14
+0.45
+6.64
+0.04
+0.01
+0.06
+1.65
–0.84
+0.07
–1.05
+0.70
–0.05
+0.07
+0.26
+2.20
+0.20
+0.21
+1.35
–3.63
+2.47
+0.61
–0.02
+3.58
+0.75
+3.70
–0.56
+1.42
+1.45
–0.05
–0.25
+0.46
+0.40
+0.07
–2.30
+2.39
.06
3.22
.27
.36
.19
.20
1.64
–2.09
1.58
–2.81
1.72
–.22
6.80
1.47
–2.01
–1.47
3.34
1.38
2.64
.61
.65
.04
5.65
.64
–.07
–.01
.92
–.86
2.03
1.98
–2.71
–.74
–.84
1.60
.97
–1.71
–.33
.51
–.86
.37
.35
.37
3.09
1.96
.54
.58
.65
.76
.45
–12.10
–.46
–3.95
2.91
–.06
3.92
–.14
1.82
.71
4.41
–.31
2.71
7.89
–.32
–.86
1.85
4.98
1.38
2.17
1.78
2.05
–.10
.22
–.58
–.99
–.20
–2.79
–1.79
1.06
–.78
–1.18
–.31
...
1.39
1.05
.25
1.26
.36
1.85
1.19
3.72
1.93
.02
3.58
–1.15
1.76
.92
–.48
.32
...
3.76
.56
.53
...
.68
2.04
–2.07
1.89
–.08
1.87
...
–.94
1.52
–.05
–.74
4.06
1.35
4.12
.65
.63
1.12
2.80
.79
...
.60
.77
–.65
3.63
2.34
–1.24
–1.00
–.71
1.88
.37
–9.58
–.33
1.29
–.76
1.43
.78
2.14
3.35
1.89
.91
1.23
.78
.67
1.26
31.14
–2.94
–3.36
4.05
–.88
6.21
3.81
2.14
5.27
7.42
3.84
3.19
4.33
–.32
–.33
...
5.60
1.54
1.90
2.46
2.29
.06
...
–.09
–.90
...
–1.25
.66
1.21
–.19
...
–1.26
1.42
1.52
2.12
1.07
2.87
.57
2.14
1.47
...
2.38
.02
3.97
–.67
1.93
4.55
–1.63
1.02
...
4.73
.67
.52
...
1.39
2.40
–1.35
2.12
1.06
2.00
...
–.60
1.61
.01
–.56
4.96
1.98
4.71
.75
.81
1.24
2.54
.95
.14
1.04
.99
–.42
3.95
2.49
–.42
–.60
–.21
2.04
.85
–4.02
–.32
1.52
–.65
1.63
.91
2.82
4.79
2.16
.88
1.45
.98
.68
1.42
–14.06
–2.11
–3.70
4.68
–.40
7.05
3.18
2.31
5.64
6.36
4.30
3.59
2.64
–.26
.23
...
6.22
1.63
2.62
2.66
2.60
.20
...
.16
–1.34
...
...
.88
1.41
–.07
...
–.42
1.94
1.62
2.34
1.20
3.58
.85
2.39
1.71
...
2.68
.14
4.42
–.65
2.03
5.18
–1.96
1.16
...
...
...
...
...
.15
.17
...
...
...
...
.125
...
.21
...
...
.33
.14
.33
.025
.50
.06
...
...
...
...
.15
...
.17
.36
...
...
...
.26
.05
...
...
...
...
...
.09
...
.15
.19
.115
...
.04
.125
...
...
...
...
.16
...
.13
.30
...
.362
...
...
.42
...
...
...
.13
...
.2113
.20
.17
.18
...
.32
...
...
...
...
...
.227
...
...
...
...
...
.22
...
.20
.113
.18
...
.23
...
...
.05
...
.16
...
...
...
32
20
...
52
20
dd
10
dd
25
dd
15
dd
dd
dd
61
dd
45
9.70
36.72
24.08
81.31
17.15
.46
12.40
29.00
113.09
8.19
28.80
16.16
4.12
5.48
77.57
12.89
73.95
+0.30
+1.63
+0.86
–0.53
+0.15
–0.05
+0.38
+0.75
+0.45
–0.28
+1.69
+0.52
–0.35
–0.02
+1.15
+0.43
+2.55
.30
1.80
–.40
1.97
.84
–15.52
1.08
.29
.59
–25.56
1.75
–2.34
–1.69
–1.47
.64
–1.86
1.78
.42
1.95
.35
4.01
.74
–2.45
.52
1.62
6.31
–2.29
1.18
–2.12
–.70
–1.25
4.17
–2.03
...
.57
2.16
1.18
4.44
.80
–1.43
1.03
1.80
7.12
–1.94
1.63
–2.31
–.35
–1.46
4.55
–1.02
...
...
.23
...
.16
.08
...
...
.07
...
...
...
...
...
...
.38
...
...
N
...
2.5
...
.8
1.9
...
...
1.0
...
...
...
...
...
...
2.0
...
...
M24
BARRON’S
October 2, 2017
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Nasdaq Issues
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
2.88
129.82
16.05
43.80
26.99
43.74
41.99
57.21
18.98
352.03
14.40
43.85
17.95
62.04
24.88
77.64
9.60
13.81
45.24
337.55
191.50
60.71
38.48
61.51
38.95
7.04
25.17
14.68
15.22
11.93
18.16
73.90
12.50
24.94
6.00
131.49
27.00
19.30
99.30
20.59
35.80
19.10
19.55
61.48
33.74
5.15
28.41
30.90
43.95
2.17
13.80
22.30
19.93
19.95
9.01
46.78
67.95
81.68
15.00
191.20
30.80
1.61
42.07
5.12
26.39
16.21
27.08
14.35
32.57
11.53
202.60
8.25
31.65
12.66
45.38
11.41
50.53
4.85
8.39
30.36
211.11
96.79
41.50
26.25
37.35
15.20
5.65
5.90
10.99
11.25
8.03
13.76
47.00
7.65
14.00
3.16
95.35
10.85
12.50
66.83
14.88
24.35
14.95
11.79
35.21
19.00
1.06
11.64
3.52
16.55
0.73
6.62
5.95
13.44
15.00
3.68
14.38
29.05
52.85
4.63
63.70
20.45
NationalAmerUniv
NationalBeverage
NatlCineMedia
NationalCommerce
NatlGeneral
NatlInstruments
NatlResearch A
NatlResearch B
NatlSecurity
NatlWesternLife
NaturalAlt
NatusMedical
Navient
NavigatorsGroup
NektarTherap
Neogen
NeosTherap
Net1UEPS
NetApp
Netease
Netflix
Netgear
NetScout
Neurocrine
NeuroDerm
NY Mortgage
NewLinkGenetics
NewsCorp A
NewsCorp B
NewStarFinancial
NewtekBusSvcs
NexstarMedia
NicholasFin
NightstarTherap
Noodles
Nordson
NortheastBancorp
NorthernTechsIntl
NorthernTrust
NorthfieldBanc
NorthrimBanCorp
NorthwestBcshs
NorthwestPipe
NorwegianCruise
NorwoodFin
NovaLifestyle
NovaMeasuring
Novan
Novanta
Novavax
NovelionTherap
Novocure
NuanceComms
NuCana
NumereX
Nutanix
Nutrisystem
Nuvasive
Nuvectra
NVIDIA
NxstageMed
NAUH
FIZZ
NCMI
NCOM
NGHC
NATI
NRCIA
NRCIB
NSEC
NWLI
NAII
BABY
NAVI
NAVG
NKTR
NEOG
NEOS
UEPS
NTAP
NTES
NFLX
NTGR
NTCT
NBIX
NDRM
NYMT
NLNK
NWSA
NWS
NEWS
NEWT
NXST
NICK
NITE
NDLS
NDSN
NBN
NTIC
NTRS
NFBK
NRIM
NWBI
NWPX
NCLH
NWFL
NVFY
NVMI
NOVN
NOVT
NVAX
NVLN
NVCR
NUAN
NCNA
NMRX
NTNX
NTRI
NUVA
NVTR
NVDA
NXTM
3.33
12.15
11.99
286.57
92.34
2.80
15.88
14.70
40.00
30.70
3.15
11.30
11.91
6.26
38.30
33.64
110.45
18.95
13.50
46.70
28.67
74.55
27.09
52.70
18.49
4.40
1.67
1.10
12.10
11.40
1.75
9.00
35.21
47.81
10.40
3.80
35.56
22.79
43.45
5.70
4.14
2.87
19.00
50.40
21.15
44.50
7.92
32.25
15.93
0.85
5.85
7.15
169.43
64.01
1.45
7.98
5.00
20.22
18.99
0.52
6.92
4.82
3.01
22.14
21.52
67.60
13.69
7.45
25.65
15.83
34.62
7.20
30.35
10.74
0.78
0.02
0.02
2.91
7.80
1.18
6.08
29.30
2.24
6.40
2.13
18.20
7.09
26.83
1.65
1.75
1.30
15.30
32.51
3.15
33.08
1.25
13.05
5.28
OHAInvestment
OPKOHealth
Orbcomm
OReillyAuto
OSI Systems
O2MicroIntl
ObalonTherap
ObsEva
OceanRigUDW
OceanFirstFin
OceraTherap
Oclaro
OcularTherapeutix
OfficeDepot
OhioValleyBanc
Okta
OldDomFreight
OldNatlBncp
Old2ndBcp
Ollie'sBargain
OlympicSteel
OmegaFlex
Omeros
Omnicell
ON Semi
Oncobiologics
OncobiologicsWtA
OncobiologicsWtB
OncoMedPharm
1-800-FLOWERS
180DegreeCap
1347 Property
OpenText
Ophthotech
Optibase
OpticalCable
OpusBank
OraSureTechs
Orbotech
OrexigenTherap
OrganovoHoldings
OriginAgritech
OritaniFinancial
OrthofixIntl
Otonomy
OtterTail
Ovascience
Overstock
OvidTherap
OHAI
OPK
ORBC
ORLY
OSIS
OIIM
OBLN
OBSV
ORIG
OCFC
OCRX
OCLR
OCUL
ODP
OVBC
OKTA
ODFL
ONB
OSBC
OLLI
ZEUS
OFLX
OMER
OMCL
ON
ONS
ONSIW
ONSIZ
OMED
FLWS
TURN
PIH
OTEX
OPHT
OBAS
OCC
OPB
OSUR
ORBK
OREX
ONVO
SEED
ORIT
OFIX
OTIC
OTTR
OVAS
OSTK
OVID
8.4
...
12.6
...
.8
2.0
1.1
4.5
1.6
.1
...
...
4.3
.4
...
...
...
...
1.8
1.3
...
...
...
...
...
13.0
...
1.5
1.5
.7
9.9
1.9
...
...
...
1.0
.2
...
1.8
1.8
2.5
3.7
...
...
2.9
...
...
...
...
...
...
...
...
...
...
...
1.3
...
...
.3
...
dd
50
23
24
27
54
71
17
dd
12
10
66
8
21
dd
65
dd
7
21
18
cc
22
cc
dd
dd
12
dd
dd
dd
21
9
25
21
...
dd
24
19
cc
21
24
17
20
cc
18
24
15
26
dd
28
dd
dd
dd
dd
...
dd
dd
35
89
dd
51
dd
2.14
124.05
6.98
42.80
19.11
42.17
37.70
53.41
12.60
349.00
10.80
37.50
15.02
58.35
24.00
77.46
9.15
9.74
43.76
263.81
181.35
47.60
32.35
61.28
38.90
6.15
10.18
13.26
13.65
11.74
17.82
62.30
8.67
19.20
4.40
118.50
26.15
16.60
91.93
17.35
34.95
17.27
19.02
54.05
30.52
1.66
28.11
5.61
43.60
1.14
7.03
19.85
15.72
18.37
3.80
22.39
55.90
55.46
13.26
178.77
27.60
–0.14
+5.79
+0.01
+2.30
+1.08
+1.09
+0.25
–0.89
–0.71
+3.80
+0.20
+2.15
+0.24
+1.45
+1.57
+4.53
+0.30
–0.40
+1.21
–7.80
–6.00
–0.50
–0.30
+2.35
+0.02
–0.05
–0.81
+0.23
+0.25
+0.31
+0.36
+2.80
...
–4.80
+0.15
+1.29
+1.70
–0.35
+1.51
+0.97
+0.95
+0.61
+1.06
+0.03
–1.19
+0.02
+1.36
+0.21
+0.95
–0.02
+0.26
–1.65
–0.33
+2.22
–0.04
–2.11
+2.90
+1.21
+1.18
–0.23
–0.17
–.26
2.29
.42
1.61
1.37
.64
.48
.48
1.22
28.53
1.09
1.29
2.12
1.38
–1.10
1.14
–5.19
1.34
1.81
13.29
.43
2.25
.36
–1.63
–1.48
.50
–2.94
–1.27
–1.27
.61
1.88
2.89
.69
...
–2.58
4.73
1.38
–.19
4.32
.57
2.06
.49
–.97
2.78
1.15
–.04
.35
–9.97
.63
–1.03
–4.69
–1.54
–.04
...
–1.25
–3.57
1.19
.69
–3.74
2.57
–.07
...
2.91
.30
1.93
1.44
.92
.92
.92
...
...
...
1.70
1.78
2.59
–.93
1.31
–3.10
1.64
3.09
14.41
1.18
2.74
2.01
–2.41
–2.12
.54
–2.79
.47
.47
.43
1.77
3.31
...
...
–.01
5.31
...
...
4.66
.72
...
.84
–.70
3.97
...
...
1.70
–2.34
1.41
–.62
–2.58
–.84
1.00
...
–.49
–.96
1.91
2.00
–4.77
3.63
–.04
...
3.38
.36
2.25
2.11
1.16
.99
.99
...
...
...
1.98
1.82
2.53
–1.03
1.47
–1.43
1.84
3.35
16.98
2.02
3.05
2.26
–1.73
–2.14
.59
–2.48
.53
.53
.69
1.82
6.71
...
...
.06
5.83
...
...
5.29
.69
...
.96
.35
4.67
...
...
1.76
–2.95
1.70
–.53
–.55
–.38
1.11
...
–.31
–.50
2.22
2.43
–4.12
3.99
.10
.045
1.50
.22
...
.04
.21
.10
.60
.05
.36
...
...
.16
.06
...
...
...
...
.20
.83
...
...
...
...
...
.20
...
.10
.10
.02
.44
.30
...
...
...
.30
.01
...
.42
.08
.22
.16
...
...
.22
...
...
...
...
...
...
...
...
...
...
...
.175
...
...
.14
...
dd
dd
dd
19
85
dd
dd
dd
dd
24
dd
12
dd
10
23
...
29
17
22
40
29
48
dd
dd
27
dd
...
...
dd
15
dd
48
8
dd
dd
cc
cc
42
23
dd
dd
dd
15
cc
dd
25
dd
dd
...
1.25
6.86
10.47
215.37
91.37
1.77
9.53
8.14
23.77
27.49
1.14
8.63
6.18
4.54
36.40
28.21
110.11
18.30
13.45
46.40
22.00
71.84
21.62
51.05
18.47
1.37
.12
.05
4.52
9.85
1.74
7.70
32.29
2.82
6.80
2.15
24.00
22.50
42.21
2.12
2.22
1.64
16.80
47.25
3.25
43.35
1.42
29.70
8.57
+0.05
+0.15
+0.36
+5.78
+4.48
+0.15
–0.33
+0.44
–0.23
+0.91
–0.03
–0.19
–0.20
+0.17
+1.60
–0.99
+4.31
+0.85
+0.95
+0.60
+2.35
+3.33
+0.74
+1.55
+0.83
+0.04
–0.01
–0.03
+0.05
+0.10
+0.06
–0.05
+0.22
+0.13
–0.15
–0.05
+0.80
+0.76
–0.22
...
+0.25
...
+0.25
–0.60
–0.05
+0.55
...
+5.50
+0.11
–1.26
–.05
–.33
10.73
1.07
...
–4.85
–1.40
–307571
.98
–1.22
.77
–1.80
.96
1.59
–.90
3.56
1.05
.53
.96
–.10
1.42
–1.65
.02
.43
–3.67
...
...
–3.14
.65
–.53
...
4.04
–5.45
.04
–.28
.33
.35
1.74
–1.68
–.39
–.44
1.10
.17
–3.69
1.61
–2.56
.49
–2.28
...
–.19
–.38
11.82
3.46
–.18
–1.86
–2.38
2.31
1.70
–.84
.74
–2.27
.51
...
–.96
4.14
1.06
.71
1.19
1.15
...
–1.30
1.30
1.38
–2.42
...
...
–1.87
.47
...
...
2.47
–.24
...
...
1.33
.48
2.80
–9.37
–.39
...
1.04
1.56
–2.91
1.75
–1.68
–.48
–3.88
...
–.07
–.12
13.10
4.08
–.08
–1.65
–2.36
.77
1.86
–.80
.81
–2.13
.52
...
–.78
4.67
1.17
.85
1.40
1.36
...
–.64
2.07
1.58
–3.55
...
...
–1.57
.55
...
...
2.71
–2.09
...
...
1.58
.40
3.14
–5.59
–.36
...
1.07
1.83
–2.13
1.86
–1.23
–.40
–2.76
.02
...
...
...
...
...
...
...
...
.15
...
...
...
.025
.21
...
.10
.13
.01
...
.02
.22
...
...
...
...
...
...
...
...
...
...
.132
...
...
...
...
...
...
...
...
...
.175
...
...
.32
...
...
...
O
6.4
...
...
...
...
...
...
...
...
2.2
...
...
...
2.2
2.3
...
.4
2.8
.3
...
.4
1.2
...
...
...
...
...
...
...
...
...
...
1.6
...
...
...
...
...
...
...
...
...
4.2
...
...
3.0
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
19.51 11.88 OxfordImmunotec OXFD ... dd 16.80 +0.84 –1.00 –1.56 –.84 ...
11.80 9.34 OxfordLane
OXLC 15.7 ... 10.20 +0.04 ... 1.92 ... .40
PQ
28.43
8.83
30.48
31.20
8.48
84.88
24.44
3.77
19.05
18.69
17.95
42.70
80.99
7.30
60.22
22.00
73.29
9.28
27.50
9.40
41.90
58.95
57.53
9.31
21.29
90.49
6.88
29.00
88.10
47.00
12.72
6.41
86.10
17.50
27.32
26.56
49.26
29.76
63.03
49.65
65.24
6.20
34.58
64.85
23.55
61.97
8.68
52.65
20.13
35.43
39.73
50.54
8.95
20.24
4.07
2.38
9.30
7.15
29.00
4.68
28.23
50.90
40.25
12.10
29.86
22.10
71.85
6.22
12.27
58.74
124.26
45.96
67.10
14.55
51.40
47.24
82.80
60.99
69.48
22.92
36.50
4.99
16.38
2067.99
94.40
3.26
15.39
30.00
11.72
38.51
97.00
8.70
9.58
26.36
11.45
16.67
70.00
54.99
20.66
18.96
3.22
6.98
120.85
34.90
29.20
50.00
26.55
35.26
79.34
71.62
17.74
53.55
25.45
14.50
5.60
22.31
11.80
4.86
36.74
14.11
1.93
9.01
8.09
10.51
23.15
50.87
4.25
43.01
4.03
53.38
3.08
16.00
5.30
24.00
29.95
41.10
3.10
13.80
70.73
3.50
9.80
51.16
30.01
7.95
4.11
50.80
13.00
17.60
18.68
35.93
14.83
52.78
29.69
38.06
3.90
20.83
28.43
11.93
15.00
6.86
38.12
15.28
24.02
19.80
38.41
5.59
14.15
1.50
0.94
6.35
1.83
16.35
2.60
19.76
18.90
24.83
7.55
17.15
11.36
49.40
2.17
9.81
44.35
88.65
34.47
15.68
10.50
36.35
26.76
60.67
34.31
41.37
14.81
28.27
1.86
12.75
1422.19
78.00
1.40
10.74
18.71
4.60
26.23
68.04
3.65
6.54
8.00
1.10
1.71
40.58
34.89
17.62
14.40
1.03
0.50
28.35
21.80
19.02
30.31
11.60
24.86
48.28
48.92
10.61
30.61
13.75
PAM Transport
P&FIndustries
PCConnection
PCM
PC-Tel
PDC Energy
PDF Solutions
PDL Biopharm
PHI
PHI NV
PICO
PRA Group
PRA HealthSci
PRGXGlobal
PTC
PTC Therap
Paccar
PacBiosciCA
PacificContinent
PacificMercBncp
PacificPremBncp
PaciraPharm
PacWestBancorp
PainTherap
PanAmerSilver
PapaJohn's
PapaMurphy's
ParatekPharma
Parexel
Park-Ohio
ParkSterling
PartnerComms
PatrickIndustries
PatriotNatlBncp
PatriotTransport
PatternEnergy
Patterson
PattersonUTIEn
Paychex
Paylocity
PayPal
PeakResorts
PeapackGladFinl
Pegasystems
PennNational
PennVirginia
PennantPark
PennsWoodsBncp
People'sUtdFin
PeoplesBncpOH
PeoplesBncpNC
PeoplesFinSvcs
Perceptron
Perficient
PerformantFin
PerionNetwork
Perma-PipeIntl
PernixTherap
PerryEllis
PershingGold
PetIQ
PetMedExpress
PhibroAnimal
Photronics
PilgrimPride
PinnacleEnt
PinnacleFinPtrs
Pixelworks
PlayaHotels
Plexus
Pool
Popular
PortolaPharm
Potbelly
Potlatch
PowellIndustries
PowerIntegrations
PreferredBankLA
PreformedLine
PremierFinBncp
Premier
Presbia
Presidio
Priceline
PriceSmart
PrimaBiomed
PrimoWater
PrimorisSvcs
ProgenicsPharm
ProgressSoftware
Proofpoint
ProQR Therap
ProspectCapital
ProtagonistTherap
ProteonTherap
ProteostasisTher
Prothena
ProvidenceService
ProvidentFin
PrudentialBancorp
pSivida
Pulmatrix
PumaBiotech
QAD A
QAD B
QCR Holdings
QIWI
Qiagen
Qorvo
Qualcomm
QualitySystems
Qualys
QuantennaComms
PTSI
PFIN
CNXN
PCMI
PCTI
PDCE
PDFS
PDLI
PHII
PHIIK
PICO
PRAA
PRAH
PRGX
PTC
PTCT
PCAR
PACB
PCBK
PMBC
PPBI
PCRX
PACW
PTIE
PAAS
PZZA
FRSH
PRTK
PRXL
PKOH
PSTB
PTNR
PATK
PNBK
PATI
PEGI
PDCO
PTEN
PAYX
PCTY
PYPL
SKIS
PGC
PEGA
PENN
PVAC
PNNT
PWOD
PBCT
PEBO
PEBK
PFIS
PRCP
PRFT
PFMT
PERI
PPIH
PTX
PERY
PGLC
PETQ
PETS
PAHC
PLAB
PPC
PNK
PNFP
PXLW
PLYA
PLXS
POOL
BPOP
PTLA
PBPB
PCH
POWL
POWI
PFBC
PLPC
PFBI
PINC
LENS
PSDO
PCLN
PSMT
PBMD
PRMW
PRIM
PGNX
PRGS
PFPT
PRQR
PSEC
PTGX
PRTO
PTI
PRTA
PRSC
PROV
PBIP
PSDV
PULM
PBYI
QADA
QADB
QCRH
QIWI
QGEN
QRVO
QCOM
QSII
QLYS
QTNA
...
2.8
...
...
...
...
...
...
...
...
...
...
...
...
...
...
1.4
...
1.6
...
...
...
4.0
...
.6
1.2
...
...
...
1.1
1.3
...
...
...
...
7.0
2.7
.4
3.3
...
...
6.4
.6
.2
...
...
9.6
4.0
3.8
2.6
1.3
2.7
...
...
...
...
...
...
...
...
...
2.4
1.1
...
...
...
.8
...
...
...
1.4
2.8
...
...
2.9
3.5
.8
1.3
1.2
2.8
...
...
...
...
.8
...
...
.7
...
1.5
...
...
10.7
...
...
...
...
...
2.9
.6
...
...
...
.8
.9
.4
5.0
...
...
4.4
...
...
...
19
dd
16
11
dd
dd
86
8
dd
dd
dd
17
49
dd
dd
dd
19
dd
24
dd
26
dd
17
dd
22
25
dd
dd
43
17
24
35
21
15
18
dd
22
dd
27
cc
51
dd
19
95
30
14
7
19
20
18
22
17
dd
47
dd
dd
dd
dd
21
dd
...
26
23
44
14
82
22
47
dd
19
28
16
dd
73
25
cc
39
21
22
17
dd
dd
cc
39
29
dd
dd
31
dd
dd
dd
dd
10
dd
dd
dd
dd
11
31
92
dd
dd
dd
dd
dd
19
25
96
dd
20
44
51
dd
23.93
7.27
28.19
14.00
6.30
49.03
15.49
3.39
12.00
11.76
16.70
28.65
76.17
7.00
56.28
20.01
72.34
5.25
26.95
9.15
37.75
37.55
50.51
4.07
17.05
73.07
5.95
25.10
88.08
45.60
12.42
5.25
84.10
16.87
19.94
24.10
38.65
20.94
59.96
48.82
64.03
4.35
33.74
57.65
23.39
39.98
7.51
46.47
18.14
33.59
35.62
47.80
7.89
19.67
1.82
1.16
8.50
3.15
23.66
2.95
27.08
33.15
37.05
8.85
28.41
21.31
66.95
4.71
10.43
56.08
108.17
35.94
54.03
12.40
51.00
29.99
73.20
60.35
67.30
21.79
32.57
4.51
14.15
1830.82
89.25
1.85
11.85
29.42
7.36
38.17
87.22
4.85
6.72
17.67
2.00
2.10
64.77
54.08
19.60
18.53
1.20
2.05
119.75
34.35
28.00
45.50
16.94
31.50
70.68
51.84
15.73
51.80
16.81
+2.76
–0.42
+1.66
+0.80
+0.05
+2.51
+1.03
+0.22
–0.25
–0.22
+0.30
+2.25
+1.08
+0.05
–0.66
+1.49
+0.92
+0.13
+1.30
+0.15
+2.15
+0.35
+2.47
–0.08
–0.41
+0.11
+0.21
+0.40
+0.09
+2.05
+0.55
–0.16
+4.75
+0.32
+0.80
–1.80
+1.25
+1.41
+0.21
+1.56
–1.05
–0.05
+1.53
–1.70
+0.89
+0.52
+0.03
+0.47
+0.76
+1.00
+0.77
+0.39
+0.14
+1.16
–0.12
+0.09
–0.45
+0.21
+1.31
–0.04
+1.77
–2.18
+1.65
+0.90
–0.26
+0.67
+2.65
–0.06
–0.08
+0.78
+0.49
–3.87
–0.09
+0.80
+1.00
+1.10
+1.65
+5.14
+5.90
+0.82
+0.59
+0.23
+0.60
–31.31
+1.65
+0.22
+0.62
+0.35
+0.40
+0.88
–3.28
–1.35
+0.03
+0.82
+0.25
+0.14
+0.01
+2.22
+0.22
+0.17
–0.05
+0.04
+15.25
+0.15
+0.50
+0.95
–0.84
–0.69
–0.52
–0.25
+0.57
...
–0.31
1.67
1.92
1.80
1.40
–1.09
–5.01
.28
.39
–1.70
–1.70
–.95
1.83
1.06
.04
–.48
–4.17
1.48
–.83
.95
–1.51
1.46
–1.02
2.90
–2.31
.66
2.74
.16
–5.51
2.06
2.58
.38
.09
3.64
.49
1.74
–.22
1.79
–2.18
2.25
.12
1.15
.03
1.60
.34
1.19
69.59
.26
2.64
.92
1.71
1.65
2.65
–.02
.58
–.23
...
–1.56
–21.67
.95
–.75
–.10
1.17
1.61
.64
1.73
–7.79
2.91
–.39
–.39
2.24
3.47
2.06
–4.76
.31
.27
1.36
1.62
2.56
2.95
1.15
1.51
–1.18
.05
42.65
2.92
–2.02
–.21
.51
.15
–1.13
–2.66
–1.86
.70
–5.80
–1.72
–2.06
–4.66
5.07
.64
.36
–.52
–1.88
–8.29
–.70
–.70
2.17
.62
.35
–.13
3.81
.29
.50
–.30
.85
...
1.96
2.00
.24
.21
.43
.61
...
...
...
1.55
3.19
.10
1.20
–2.35
4.00
–.89
1.27
.49
1.66
–.16
2.94
–2.35
.55
2.86
.24
–3.48
3.92
3.20
.61
.24
4.35
...
...
.34
2.30
–.92
2.37
.80
1.84
.07
1.83
.97
.62
3.06
.83
...
.97
2.02
...
...
.41
1.24
–.08
.25
...
...
2.15
...
.74
1.44
1.56
.21
2.53
.92
3.51
.16
.16
3.22
4.11
3.87
–4.82
.32
2.43
–.52
2.81
3.22
...
...
2.05
...
1.26
74.74
3.10
.08
–.27
1.18
–.90
1.85
.65
–1.92
.77
–3.08
–1.41
–2.54
–4.33
1.44
.79
...
–.59
–.90
–8.67
.32
.32
2.69
1.16
1.24
5.53
4.17
.67
.90
.27
1.15
...
2.21
2.27
.35
.50
.72
.41
...
...
...
1.86
3.85
.09
1.50
–1.65
4.41
–.64
1.44
.67
2.28
1.05
3.35
–2.90
.82
3.31
.20
–3.03
4.48
3.78
.69
.22
4.82
...
...
.43
2.49
–.21
2.56
1.02
2.21
.16
2.18
1.18
1.15
6.58
.77
...
1.11
2.19
...
...
.59
1.44
.04
.20
...
...
2.40
...
.86
1.58
1.69
.53
2.63
1.13
4.38
.04
.54
3.46
4.71
4.23
–1.56
.37
2.44
–.13
3.39
3.75
...
...
2.22
...
1.40
86.37
3.42
.46
.32
1.46
–.22
1.87
1.01
–1.74
.78
–2.20
–1.37
–2.48
–5.13
1.83
1.01
...
...
–.90
–4.74
.49
.49
3.12
1.39
1.39
6.54
3.57
.74
1.03
.74
...
.05
.34
...
.055
...
...
...
...
...
...
...
...
...
...
...
.25
...
.11
...
...
...
.50
...
.025
.225
...
...
...
.125
.04
...
...
.01
...
.42
.26
.02
.50
...
...
.07
.05
.03
...
...
.18
.47
.1725
.22
.12
.32
...
...
...
...
...
...
...
...
...
.20
.10
...
...
...
.14
...
...
...
.37
.25
...
...
.375
.26
.14
.20
.20
.15
...
...
...
...
.35
...
...
.055
...
.14
...
...
.06
...
...
...
...
...
.14
.03
...
...
...
.072
.06
.05
.21
...
...
.57
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
2.20
2.48
45.55
8.00
3.77
8.42
1.26
0.75
18.25
2.61
1.80
3.22
Quarterhill g
QuickLogic
Quidel
QuinStreet
Qumu
Quotient
QTRH
QUIK
QDEL
QNST
QUMU
QTNT
24.19
127.67
26.85
7.23
33.85
2.45
31.99
15.15
6.00
27.84
5.73
55.97
11.90
18.33
14.78
14.39
108.29
16.50
19.29
37.40
6.70
5.45
43.65
41.60
74.11
24.94
33.49
543.55
3.65
23.63
45.32
13.55
13.89
46.81
40.74
9.90
19.80
22.37
25.44
28.70
7.09
4.38
23.90
8.60
8.98
15.70
13.23
8.50
29.80
69.81
4.66
94.39
47.00
44.31
22.65
122.68
21.26
67.99
10.92
4.51
13.61
1.40
15.81
8.99
2.50
12.05
1.36
31.58
5.25
11.46
5.01
11.30
67.54
13.36
10.63
20.21
1.55
3.90
23.69
18.51
40.85
20.87
19.29
325.35
0.79
15.95
32.51
8.10
7.76
26.16
28.56
3.70
12.05
18.45
15.55
12.35
5.31
1.94
13.90
5.06
3.55
9.95
9.65
0.67
14.00
52.85
2.25
60.21
21.99
22.14
13.74
67.56
RBB Bancorp
RBC Bearings
RCI Hospitality
RCM Tech
REGENXBIO
RF Industries
RGC Resources
RPX
RTI Surgical
RaPharm
Radisys
RadiusHealth
RadNet
Radware
RamacoRscs
Rambus
RandgoldRscs
RandolphBancorp
Rapid7
RavenIndustries
RealIndustry
RealNetworks
RealPage
ReataPharm
RedRobin
RedRockResorts
Redfin
RegenPharm
RegulusTherap
Reis
Renasant
RenewableEnergy
Rent-A-Center
Repligen
RepublicBcpKYA
RepublicFirstBncp
ResourcesConnect
RetailOppor
Retrophin
RevanceTherap
RichardsonElec
RigelPharm
RigNet
RiverviewBncp
RockwellMedical
RockyBrands
RockyMtnChoc
RokaBioscience
Roku
RossStores
RoyalBcshsPA A
RoyalGold
RushEnt A
RushEnt B
RuthsHospitality
Ryanair
RBB
ROLL
RICK
RCMT
RGNX
RFIL
RGCO
RPXC
RTIX
RARX
RSYS
RDUS
RDNT
RDWR
METC
RMBS
GOLD
RNDB
RPD
RAVN
RELY
RNWK
RP
RETA
RRGB
RRR
RDFN
REGN
RGLS
REIS
RNST
REGI
RCII
RGEN
RBCAA
FRBK
RECN
ROIC
RTRX
RVNC
RELL
RIGL
RNET
RVSB
RMTI
RCKY
RMCF
ROKA
ROKU
ROST
RBPAA
RGLD
RUSHA
RUSHB
RUTH
RYAAY
39.94
154.71
5.51
61.71
16.45
118.85
13.20
27.08
1.68
9.74
0.29
39.98
74.60
40.53
12.90
198.83
29.10
28.37
76.65
90.80
62.80
8.25
165.50
45.64
74.69
15.30
42.95
0.50
63.03
44.95
30.60
49.38
37.70
11.43
46.25
88.45
3.05
25.88
50.96
14.32
5.20
13.46
75.36
12.70
12.99
7.62
12.75
36.74
27.52
28.00
54.05
41.15
25.85
102.29
1.52
43.54
12.30
55.79
6.93
11.50
1.10
2.68
0.03
22.60
48.11
28.43
7.70
107.14
19.30
17.30
65.30
38.30
27.96
5.00
74.07
27.86
46.34
2.65
26.70
0.25
26.26
29.05
17.50
33.51
25.00
8.55
10.90
60.63
2.05
15.85
30.60
5.50
1.34
6.31
45.31
7.81
8.25
5.10
7.89
17.95
22.51
10.27
34.95
22.81
S&T Bancorp
SBA Comm
SCYNEXIS
SEI Investments
SI Financial
Sina
SLM
SMART Global
SMTC
SORL AutoParts
SPIEnergy
SPPlus
SPS Commerce
SS&C Tech
SSR Mining
SVB Fin
SabraHealthcare
Sabre
SafetyInsurance
SageTherap
Saia
SalemMedia
SandersonFarms
SandySpringBncp
Sanfilippo
SangamoTherap
Sanmina
Sanofi Rt
SareptaTherap
ScanSource
SchnitzerSteel
Scholastic
SchulmanA
SciClone
ScientificGames
ScrippsNetworks
SeaChange
SeacoastBkgFL
Seagate
SearsHoldings
SearsHoldingsWt
SeaSpine
SeattleGenetics
SecooHolding
SecureWorks
SecurityNatFin
SelectBancorp
SelectComfort
SelectIncomeREIT
SelectaBiosci
SelectiveIns
Semtech
STBA
SBAC
SCYX
SEIC
SIFI
SINA
SLM
SGH
SMTX
SORL
SPI
SP
SPSC
SSNC
SSRM
SIVB
SBRA
SABR
SAFT
SAGE
SAIA
SALM
SAFM
SASR
JBSS
SGMO
SANM
GCVRZ
SRPT
SCSC
SCHN
SCHL
SHLM
SCLN
SGMS
SNI
SEAC
SBCF
STX
SHLD
SHLDW
SPNE
SGEN
SECO
SCWX
SNFCA
SLCT
SCSS
SIR
SELB
SIGI
SMTC
3.0
...
...
...
...
...
26
dd
dd
dd
dd
dd
1.32
1.68
43.86
7.35
3.01
4.93
–0.02
–0.02
+0.76
+0.25
+0.17
+0.34
.09
–.29
–.42
–.27
–1.23
–3.02
.09
–.17
.28
.22
–.99
–2.01
.24 .0099
–.09 ...
.65 ...
.25 ...
–.86 ...
–1.48 ...
14
40
22
95
dd
dd
33
34
dd
dd
dd
dd
58
dd
...
cc
33
dd
dd
38
dd
dd
cc
dd
cc
48
...
45
dd
cc
19
dd
dd
75
16
71
25
58
dd
dd
dd
dd
dd
23
dd
36
20
dd
...
21
13
55
29
28
21
16
22.89
125.15
24.75
5.72
32.95
2.35
28.57
13.28
4.55
14.60
1.37
38.55
11.55
16.86
6.63
13.35
97.66
15.31
17.60
32.40
1.80
4.80
39.90
31.10
67.00
23.16
25.09
447.12
1.25
18.00
42.90
12.15
11.48
38.32
38.89
9.25
13.90
19.01
24.89
27.55
5.97
2.54
17.20
8.40
8.56
13.40
11.82
.73
26.54
64.57
4.46
86.04
46.29
43.62
20.95
105.42
+0.72
+4.92
–0.10
+0.24
+4.70
+0.10
+1.54
+0.41
–0.05
+0.10
–0.06
+3.38
+0.45
+0.16
–0.18
+0.32
–2.49
+0.83
+0.48
+1.30
–0.08
+0.06
...
–0.65
+4.70
–0.35
–2.88
+14.40
–0.06
–0.55
+2.04
–1.00
+0.68
–5.44
+0.94
...
+1.10
+0.03
+1.85
+3.45
+0.16
+0.17
...
+0.21
+1.18
–0.40
–0.01
–0.32
+3.04
+3.68
+0.19
–3.62
+2.36
+2.31
+0.75
–0.62
1.17
2.97
1.10
.14
–2.38
–.47
.81
.36
–.31
–6.98
–.27
–4.24
.15
–.20
...
.06
2.62
.08
–1.19
.56
–3.68
–.99
.21
–.31
.87
1.03
–.96
7.70
–1.55
.24
2.17
1.06
–1.98
.34
2.22
.12
.56
.31
–1.29
–3.18
–.55
–.73
–.65
.33
–.39
–.29
.58
–17.42
–.08
2.83
.31
1.55
1.00
1.00
.95
5.77
1.75
3.72
1.54
.28
–2.94
...
...
.72
.06
–2.27
–.36
–5.58
.31
.14
.13
.65
3.31
–.07
–.62
.97
–1.15
...
.92
–1.76
2.83
.37
–.17
14.87
–.93
.16
2.08
–1.56
.12
.59
2.34
.16
.70
.33
–1.14
–3.57
–.30
–.60
–.48
.52
–.38
.90
...
...
...
3.23
...
1.80
1.79
1.79
1.08
7.31
1.60
4.20
1.92
.38
–3.10
...
...
.78
.13
–2.78
–.11
–4.57
.38
.31
1.19
.74
3.92
–.04
–.47
1.17
–.74
...
1.17
–2.20
3.42
1.09
–.03
16.57
–.40
.51
2.71
1.73
.84
.74
2.70
.25
.82
.37
–1.48
–3.41
...
–.52
.04
.62
–.28
.97
...
...
...
3.52
...
2.14
2.14
2.14
1.12
8.29
...
...
.03
...
...
.02
.145
...
...
...
...
...
...
...
...
...
1.00
...
...
.13
...
...
...
...
...
.10
...
...
...
.17
.18
...
.08
...
.22
...
.12
.1875
...
...
.06
...
...
.0225
...
.11
.12
...
...
.16
...
.24
...
...
.09
...
17
cc
dd
28
14
38
19
...
dd
3
...
23
cc
43
13
23
19
38
18
dd
30
24
13
18
21
dd
13
...
dd
16
18
48
dd
14
dd
18
dd
27
13
dd
...
dd
dd
dd
dd
5
20
23
24
dd
19
40
39.58
144.05
2.41
61.06
14.95
114.65
11.47
26.78
1.30
3.82
.12
39.50
56.71
40.15
10.61
187.09
21.94
18.10
76.30
62.30
62.65
6.60
161.52
41.44
67.31
15.00
37.15
.36
45.36
43.65
28.15
37.20
34.15
11.20
45.85
85.89
2.74
23.89
33.17
7.30
2.16
11.22
54.41
8.90
12.35
5.10
11.71
31.05
23.42
18.25
53.85
37.55
+0.89
+1.43
+0.10
+1.37
–0.10
–1.03
+0.57
+4.77
...
–0.04
+0.02
+1.45
+0.72
+1.55
+0.35
+7.27
–0.27
–0.03
+3.50
–0.60
+1.75
+0.35
–2.30
+1.54
+3.92
+1.25
–0.15
...
+0.19
+2.45
+0.50
+0.97
+0.10
+0.10
+2.90
–0.15
+0.01
+0.82
–0.40
+0.19
+0.07
+1.03
+1.93
–1.10
–0.22
–0.25
–0.29
+1.40
+0.11
–0.92
+1.65
+2.15
2.05
.61
–1.58
2.03
.95
3.20
.53
–.48
–.01
1.00
–.30
1.03
.33
.64
.63
7.31
.92
.86
4.27
–4.75
1.87
.34
8.37
2.00
3.17
–1.02
2.38
...
–5.49
2.71
–.71
1.47
–12.44
.58
–4.05
5.18
–2.04
.78
2.58
–20.78
...
–3.85
–1.00
...
–.49
.77
.58
1.10
1.30
–3.89
2.70
.83
2.38
.95
–1.13
2.28
...
2.76
.72
1.70
...
1.26
...
1.69
.88
1.93
.40
8.86
1.59
1.35
4.05
–7.35
2.18
.28
12.75
2.46
3.33
–.85
3.01
...
–1.22
3.01
1.47
1.16
1.67
...
–2.29
5.49
...
1.23
3.70
–9.21
...
–2.59
–1.68
...
–.30
...
...
1.38
.99
–3.17
3.04
1.89
2.45
1.60
–1.30
2.67
...
3.71
.88
2.72
...
1.36
...
1.87
1.05
2.20
.23
10.92
1.43
1.45
4.15
–7.69
2.75
.42
11.72
2.74
3.47
–.80
3.17
...
–1.75
3.33
1.64
1.40
2.14
...
–.79
5.52
.08
1.63
3.80
–7.08
...
–1.84
–1.22
...
–.15
...
...
1.70
1.29
–2.75
3.15
2.22
.20
...
...
.28
.05
...
...
...
...
...
...
...
...
.07
...
...
.3599
.14
.80
...
...
.065
1.00
.26
.50
...
...
...
...
...
.1875
.15
.205
...
...
.30
...
...
.63
...
...
...
...
...
...
...
...
...
.51
...
.16
...
R
...
...
.5
...
...
3.4
2.0
...
...
...
...
...
...
...
...
...
1.0
...
...
1.6
...
...
...
...
...
1.7
...
...
...
3.8
1.7
...
2.8
...
2.3
...
3.5
3.9
...
...
4.0
...
...
1.1
...
3.3
4.1
...
...
1.0
...
1.1
...
...
1.7
...
S
2.0
...
...
.9
1.3
...
...
...
...
...
...
...
...
.7
...
...
6.6
3.1
4.2
...
...
3.9
.8
2.5
.7
...
...
...
...
...
2.7
1.6
2.4
...
...
1.4
...
...
7.6
...
...
...
...
...
...
...
...
...
8.7
...
1.2
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
42.65
44.70
23.29
4.49
17.42
6.25
42.66
39.48
16.69
198.58
31.79
17.92
53.99
29.25
16.49
29.50
1.93
31.95
8.35
164.23
32.50
59.43
81.95
55.68
8.39
14.95
67.00
43.05
7.16
5.89
44.90
112.11
21.99
40.85
66.55
58.98
22.94
18.46
29.80
30.05
8.64
7.66
93.40
38.55
37.26
18.48
38.04
29.70
23.65
91.00
11.25
40.38
14.09
60.40
69.61
22.60
11.16
25.98
12.85
220.25
1.99
13.40
64.87
20.50
27.97
21.51
9.70
4.78
40.17
6.93
88.00
15.82
43.80
48.05
30.88
44.43
36.06
95.74
8.85
6.21
17.55
15.28
19.75
26.80
54.54
17.99
10.20
11.70
7.78
31.75
23.63
50.05
24.05
31.80
28.55
34.49
34.20
4.25
13.75
69.45
49.94
16.40
7.15
23.00
81.57
43.19
1.84
24.38
27.75
29.30
17.14
0.56
8.85
2.82
25.00
22.05
6.50
139.36
15.08
11.49
41.91
18.50
6.92
17.25
1.10
12.30
5.20
113.53
23.58
34.46
55.97
37.37
7.05
11.07
45.90
24.15
4.60
4.05
26.16
71.65
4.81
31.03
23.77
32.60
19.26
15.06
11.35
21.12
5.51
4.65
70.75
24.53
23.00
12.74
30.44
17.07
11.53
35.07
6.30
22.90
3.21
30.32
50.64
14.45
3.40
17.38
7.46
89.26
0.76
4.04
50.84
12.85
19.54
10.09
2.25
2.65
23.34
1.00
68.62
6.13
32.30
31.90
16.37
23.00
23.17
44.63
2.00
5.39
9.30
10.48
7.95
22.10
28.88
3.61
5.73
5.84
4.15
20.42
15.79
17.25
8.53
21.90
16.30
25.77
22.76
2.30
8.56
36.77
8.71
6.31
2.56
7.84
56.03
15.82
0.83
10.22
SenecaFoods A
SenecaFoods B
SeniorHousing
Senomyx
SeresTherap
ServiceSource
ServisFirstBcshs
ShenandoahTel
ShilohIndustries
Shire
ShoeCarnival
ShoreBancshares
Shutterfly
SiennaBiopharm
Sientra
SierraBancorp
SierraOncology
SierraWireless
SigmaDesigns
SignatureBank
SilganHoldings
Silicom
SiliconLab
SiliconMotion
Siliconware
SilvercrestAsset
SimmonsFirstNat
SinclairBroadcast
SinovacBiotech
SiriusXM
SkyWest
Skyworks
SmartSand
Snyders-Lance
SodaStream
Sohu.com
SolarCapital
SolarSeniorCap
SolarEdgeTech
Sonic
SonusNetworks
SotherlyHotels
SouthState
SouthernFirstBcsh
SoMO Bancorp
SoNtlBcpVA
SouthsideBcshs
SouthwestBncpOK
SparkEnergy
SparkTherap
SpartanMotors
SpartanNash
SpectrumPharm
SpiritAirlines
Splunk
SpokHoldings
SportsmansWrhs
SproutsFarmersMkt
StaarSurgical
Stamps.com
StanleyFurniture
StarBulkCarriers
Starbucks
StarsGroup
StateAutoFin
StateNational
SteadyMed
StealthGas
SteelDynamics
SteinMart
Stericycle
SterlingCnstr
StevenMadden
StockYardsBncp
Stratasys
Strattec
StratusProp
StrayerEd
StrongbridgeBio
StudentTransprt
SucampoPharm
SummitStateBk
SummitTherap
SunBancorpNJ
SunHydraulics
SundanceEnergy
SunOpta
SunPower
SunRun
SuperMicroComp
SuperiorUniform
SupernusPharms
SurgeryPartners
Surmodics
SussexBancorp
SykesEnterprises
Symantec
Synacor
Synalloy
Synaptics
Synchronoss
SyndaxPharm
SynergyPharm
Synlogic
Synopsys
Syntel
SyprisSolutions
SyrosPharm
SENEA
SENEB
SNH
SNMX
MCRB
SREV
SFBS
SHEN
SHLO
SHPG
SCVL
SHBI
SFLY
SNNA
SIEN
BSRR
SRRA
SWIR
SIGM
SBNY
SLGN
SILC
SLAB
SIMO
SPIL
SAMG
SFNC
SBGI
SVA
SIRI
SKYW
SWKS
SND
LNCE
SODA
SOHU
SLRC
SUNS
SEDG
SONC
SONS
SOHO
SSB
SFST
SMBC
SONA
SBSI
OKSB
SPKE
ONCE
SPAR
SPTN
SPPI
SAVE
SPLK
SPOK
SPWH
SFM
STAA
STMP
STLY
SBLK
SBUX
TSG
STFC
SNC
STDY
GASS
STLD
SMRT
SRCL
STRL
SHOO
SYBT
SSYS
STRT
STRS
STRA
SBBP
STB
SCMP
SSBI
SMMT
SNBC
SNHY
SNDE
STKL
SPWR
RUN
SMCI
SGC
SUPN
SGRY
SRDX
SBBX
SYKE
SYMC
SYNC
SYNL
SYNA
SNCR
SNDX
SGYP
SYBX
SNPS
SYNT
SYPR
SYRS
17.47
49.24
192.94
19.89
10.60
8.19
68.88
23.30
7.30
91.19
15.33
33.26
96.52
14.68
8.75
5.51
44.91
13.27
2.00
62.97
TCP Capital
TD Ameritrade
TESARO
TFS Fin
THL Credit
TICC Capital
T-MobileUS
TPIComposites
TraconPharm
TRowePrice
TCPC
AMTD
TSRO
TFSL
TCRD
TICC
TMUS
TPIC
TCON
TROW
...
...
8.0
...
...
...
.5
.7
...
.2
1.3
1.2
...
...
...
2.1
...
...
...
...
1.2
1.7
...
1.7
3.7
3.3
1.7
2.2
...
.7
.7
1.3
...
1.7
...
...
7.4
8.2
...
2.2
...
7.5
1.5
...
1.2
1.9
3.1
1.2
4.8
...
.9
2.5
...
...
...
3.3
...
...
...
...
...
...
1.9
...
1.5
1.1
...
...
1.8
23.1
...
...
...
2.1
...
1.4
...
1.1
...
7.4
...
3.9
...
.2
.7
...
...
...
...
...
1.7
...
...
...
1.0
...
.9
...
...
...
...
...
...
...
...
...
...
...
29
29
39
dd
dd
dd
23
dd
33
73
18
21
cc
...
dd
20
dd
35
dd
20
24
30
48
16
23
18
19
11
dd
35
dd
20
14
54
25
dd
12
12
20
17
dd
dd
23
19
18
49
19
24
20
dd
cc
15
dd
10
dd
33
8
21
dd
33
dd
dd
27
21
24
16
dd
dd
16
dd
dd
dd
21
21
dd
21
dd
27
dd
cc
dd
18
dd
8
56
dd
dd
dd
7
16
19
20
69
67
19
18
dd
dd
dd
28
21
dd
dd
dd
38
dd
3
dd
34.50
34.60
19.55
.61
16.04
3.46
38.85
37.20
10.40
153.14
22.38
16.65
48.48
22.25
15.40
27.15
1.55
21.50
6.30
128.04
29.43
58.51
79.90
48.03
7.89
14.55
57.90
32.05
7.05
5.52
43.90
101.90
6.78
38.14
66.45
54.45
21.64
17.23
28.55
25.45
7.65
5.89
90.05
36.35
36.49
16.99
36.36
27.55
15.00
89.16
11.05
26.37
14.07
33.41
66.43
15.35
4.51
18.77
12.45
202.65
1.18
9.71
53.71
20.50
26.23
20.99
3.35
3.31
34.47
1.30
71.62
15.23
43.30
38.00
23.12
40.90
30.30
87.27
6.90
5.98
11.80
12.45
12.55
24.85
54.00
4.61
8.70
7.29
5.55
22.10
22.90
40.00
10.35
31.00
23.70
29.16
32.81
2.70
12.50
39.18
9.33
11.70
2.90
19.02
80.53
19.65
1.44
14.72
+4.50
+2.28
+0.13
–0.06
–0.71
–0.02
+2.47
–1.05
+0.90
–1.95
+1.24
+0.25
+1.03
+0.29
+0.70
+1.39
–0.02
–0.20
+0.35
+6.30
+0.43
+0.72
–0.25
+3.03
+0.05
+1.50
+3.10
+2.70
+0.15
–0.02
+1.55
–1.18
–0.32
+1.16
+7.32
–0.47
+1.02
+0.35
+1.75
+0.81
+0.34
–0.03
+5.05
+0.20
+2.65
+0.32
+2.56
+1.00
–0.80
+4.01
+0.05
+0.76
+4.62
–0.30
–3.10
+0.30
+0.10
+0.02
+1.55
–7.65
...
–0.72
–1.38
+0.50
+1.99
+0.04
–0.05
...
+1.24
+0.02
+1.28
+0.31
+1.45
+1.35
+0.18
–1.80
+0.50
+3.35
–0.65
+0.01
...
–0.20
–0.13
+0.55
+1.17
+0.31
+0.30
–0.35
–0.04
+0.15
–0.10
+1.00
+0.75
+0.95
–0.15
+1.04
–0.21
+0.05
+0.75
+1.20
+0.13
+0.35
+0.31
+0.87
+0.17
+0.59
–0.04
–0.21
1.27
1.27
.60
–.24
–2.30
–.37
1.52
–.02
.21
1.28
1.28
.76
.45
–1.89
–2.20
1.29
–1.58
.48
–.49
7.37
1.27
1.79
1.45
3.16
.50
.62
3.13
2.60
–.02
.15
–3.14
5.18
.42
.16
2.10
–5.79
2.53
1.88
.58
1.29
–.28
–.01
4.18
1.94
2.07
.83
1.81
.92
1.12
–4.29
.25
1.51
–.94
3.76
–2.65
.68
.70
.83
–.30
22.66
–.37
–3.24
1.90
.96
.50
1.16
–1.59
–.20
1.56
.01
2.08
–.40
2.03
1.80
–1.48
1.96
–.74
3.21
–2.26
.07
.42
.66
–2.33
3.24
.87
–5.20
–.62
–3.41
.87
1.34
.98
1.76
.20
.76
1.19
1.48
–.17
–.36
–.82
1.37
.45
–3.22
–1.21
–8.82
1.73
–.68
.30
–4.05
...
...
.59
–.27
–2.41
.06
1.76
.11
.63
14.85
1.44
.93
.41
–2.29
–2.71
1.44
–.86
1.00
–.81
6.97
1.66
2.74
3.05
2.67
.46
.90
3.28
2.01
...
.18
3.25
6.38
.34
1.14
2.79
–5.70
1.62
1.36
1.78
1.24
.25
...
3.81
2.03
...
.90
2.08
1.26
.89
–7.60
.50
2.23
–1.01
3.02
.54
...
.62
.93
–.05
8.04
...
–.31
2.06
2.18
–.40
1.20
–1.56
.16
2.74
...
4.59
.39
2.25
1.90
.37
...
...
3.33
–2.26
.11
1.03
...
–.36
.41
1.55
–.52
.02
–1.08
1.01
1.98
1.17
1.05
.28
.31
1.39
1.80
1.81
–.32
...
4.61
1.14
–3.11
–1.16
–3.10
3.31
1.72
–.32
–2.09
...
...
.69
–.21
–2.78
.14
2.03
.50
.63
16.11
1.61
1.35
1.45
–2.61
–2.33
1.71
–.82
1.14
–.23
9.85
1.91
3.36
3.46
3.49
.55
1.10
4.17
3.16
...
.21
3.71
7.27
.79
1.30
3.07
–2.70
1.80
1.40
1.72
1.37
.29
...
4.94
2.73
...
1.07
2.32
1.42
1.22
–5.14
.52
2.37
–.84
3.25
.81
...
.69
1.05
.16
8.70
...
.69
2.35
2.34
1.26
1.45
–.57
.23
2.87
...
4.79
.96
2.49
2.03
.53
...
...
3.77
–1.28
.15
1.71
...
–1.56
.54
1.79
.03
.22
.01
1.38
2.41
1.29
1.66
.50
.18
1.74
1.95
2.03
–.02
...
4.99
1.77
–3.58
–.73
–2.42
3.58
1.75
.06
–2.99
...
...
.39
...
...
...
.05
.25
...
.1527
.075
.05
...
...
...
.14
...
...
...
...
.09
1.00
...
.20
.29
.12
.25
.18
...
.01
.08
.32
...
.16
...
...
.40
.1175
...
.14
...
.11
.33
...
.11
.08
.28
.08
.1813
...
.05
.165
...
...
...
.125
...
...
...
...
.25
...
.25
...
.10
.06
...
...
.155
.075
...
...
...
.20
...
.14
1.00
.25
...
.0367
...
.12
...
.01
.09
...
...
...
...
...
.095
...
...
...
.06
...
.075
...
...
...
...
...
...
...
...
15.00
...
...
11
31
dd
52
13
4
27
43
dd
16
16.49
48.80
129.10
16.13
9.33
6.85
61.66
22.34
3.15
90.65
+0.29
+2.02
+10.06
+0.54
+0.14
+0.11
–2.40
+0.54
–0.45
+3.96
1.50
1.58
–8.13
.28
.51
1.92
1.69
.48
–2.13
4.75
1.58
1.70
–8.34
.31
1.15
.70
2.28
1.00
–1.57
5.63
1.58
2.04
–5.27
.31
1.11
.75
2.64
1.00
–1.32
5.56
.36
.18
...
.17
.27
.20
...
...
...
.57
T
8.7
1.5
...
4.2
11.6
11.7
...
...
...
2.5
October 2, 2017
BARRON’S
M25
Exchange-Traded Portfolios
Tick
Sym Yld
Name
Div
Last Chg. Amt.
Bats
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
AlphaArchValMom VMOT
AmCustSatisfCore ACSI
AmplifyCWP Div DIVO
AmplifyOilHdgMLP AMLX
AmplifyYldShSrLoan YESR
AnfieldCapDiv
DALT
AptusBehavioralMom BEMO
ArrowResCapMgmt ARCM
CWAIncomeETF CWAI
CambriaEmSharehldr EYLD
CambriaFgnShare FYLD
CambriaGlbAssetAll GAA
CambriaSovHiYdBd SOVB
CambriaTailRiskETF TAIL
CambriaValue
VAMO
DeutXIntlCorpBdHdg IFIX
DeutXIntlTreaBd IGVT
DeutX EM Bd
EMIH
DeutXHYCorpBdInt HYIH
DeutXInvGradeBdInt IGIH
DeutscheXEAFESC DBES
DeutscheXEMHighDiv HDEE
DeutscheXEuroHiDiv HDEZ
DeutscheXItalyHdg DBIT
DeutscheXSEurope DBSE
ElkhornFundComm RCOM
ElkhornLuntLowVol LVHB
ElkhornS&PHiQualPf EPRF
FormulaHdgGrwth FFHG
FormulaFolIncm
FFTI
FranklinLib US
FLQL
FranklinLibUS MC FLQM
FranklinLibUS SC FLQS
GlbX FdrRunCos BOSS
GlbXUSInfrDevt PAVE
GlbX US Pfd
PFFD
GS EW US LC Equity GSEW
HartfordLowVolIntl LVIN
HartfordLowVolUS LVUS
iShAdCurrHdgMSCI DEFA
iShAdCurrMSCIEuroz DEZU
iShAdCurrHdgJapan DEWJ
iShIntmGovt/CredBd GVI
iShConvBond
ICVT
iShCoreMSCIEAFEETF IEFA
iShCurrHdgMSCIMV HACV
iShCurrHdgMSCIEAFE HEFA
...
...
4.7
...
2.2
...
...
1.6
1.9
4.0
2.0
2.4
6.3
1.1
.4
2.5
2.4
4.1
5.1
3.0
2.1
9.5
1.5
3.6
3.0
...
1.7
5.6
...
2.8
2.4
1.7
1.6
...
...
...
...
...
1.6
3.1
3.0
1.2
1.9
2.5
3.0
2.1
3.1
27.13
29.23
26.65
13.13
27.15
10.00
28.80
20.16
25.45
33.72
25.51
26.86
28.44
23.57
24.72
50.17
48.69
25.06
23.27
24.42
28.96
23.32
26.30
24.02
23.94
25.99
31.27
24.03
25.97
25.07
26.75
25.86
24.86
16.39
15.41
25.10
41.17
26.95
25.21
28.19
28.69
26.66
110.90
54.79
64.17
28.35
28.94
+0.30
+0.42
–0.24
–0.38
–0.15
...
+0.29
+0.16
–0.01
–0.28
–0.07
–0.19
–0.76
–0.26
+0.47
–0.16
–0.08
+0.28
...
+0.15
+0.20
–0.53
+0.19
+0.32
...
+0.02
–0.05
–0.25
+0.54
+0.02
+0.21
+0.51
...
+0.14
+0.31
–0.05
+0.37
...
–0.10
+0.05
+0.07
...
–0.06
+0.37
+0.13
...
+0.29
.0948
.0488
.3156
.2408
.1474
...
.1782
.0273
.0409
.3332
.1269
.1604
.4446
.0634
.0241
.1031
.0985
.0857
.0984
.0614
.307
.551
.0978
.4341
.3592
...
.136
.112
.055
.0584
.1579
.1073
.097
...
...
...
...
.1421
.10
.4326
.4244
.1619
.1739
.1134
.9647
.2997
.446
Tick
Sym Yld
Name
iShCurrHdgMSCIEAFE HEFV
iShCurrHdgMSCIEM HEMV
iShCurrHdgMSCIEM HEEM
iShCurrHdgMSCIEur HEUV
iShCurrHdgMSCIEuSC HEUS
iShIntlSelDividend IDV
iShTransportAvg
IYT
iShU.S.Industrials
IYJ
iShUSAerospace&Def ITA
iShUSHomeConstrn ITB
iShUSOil&GasExpln IEO
iShUSTelecomm
IYZ
iShEdgeHYDefBd HYDB
iShEdgeInvGrEnhBd IGEB
iShEdgeMSCIMinEAFE EFAV
iShEdgeMSCIMinVlEM EEMV
iShEdgeMSCIMinVol ACWV
iShEdgeMSCIMinUSA USMV
iShMSCIMinVolUSASC SMMV
iShEdgeMSCIUSAMom MTUM
iShEdgeMSCIUSAQual QUAL
iShEdgeMSCIUSAVal VLUE
iShEmMkCorpBdFd CEMB
iShEM HY Bd
EMHY
iShMtgRealEstCap REM
iSh5-10YInvCpBd MLQD
iShFloatingRateBd FLOT
iShGlbxUSDHiYdCpBd HYXU
iShGlbHiCorpBdFd GHYG
iShiBondsDec23Muni IBML
iShIntlAggregateBd IAGG
iShIntlDivGrowth IGRO
iShLiquidityIncm ICSH
iShMSCIArgentina AGT
iShMSCIChileCapped ECH
iShMSCIChinaAETF CNYA
iShMSCIDenmarkCap EDEN
iShMSCIEmgMulti EMGF
iShMSCIEurozoneETF EZU
iShMSCIFinlandCap EFNL
iShMSCIGermanySC EWGS
iShMSCIGlbMet&MnPr PICK
iShMSCIGlSilverMin SLVP
iShMSCIEAFEGrowth EFG
iShMSCIIndiaETF INDA
iShMSCIIndiaSmCp SMIN
iShMSCINorwayCap ENOR
iShMSCI UK SC EWUS
iShMSCIEAFEValue EFV
iShMornMultiAsst IYLD
4.0
1.4
1.0
4.2
1.9
3.1
.9
1.5
1.6
.4
1.0
4.0
...
...
3.9
1.5
2.1
1.7
1.8
1.1
1.8
2.5
3.9
5.7
9.0
...
1.6
1.2
3.8
1.5
3.1
1.5
1.4
...
2.9
.7
2.4
1.1
2.9
5.7
2.0
2.5
1.2
2.3
.8
1.7
3.5
2.3
4.3
2.4
Div
Last Chg. Amt.
26.81
26.75
25.79
24.21
28.72
33.76
178.42
138.54
178.04
36.54
58.75
30.41
51.29
50.55
71.06
58.10
81.38
50.34
28.30
95.68
77.14
77.32
51.56
50.79
46.84
49.93
50.94
53.56
51.42
25.51
51.70
57.34
50.11
27.44
48.62
30.52
67.91
46.74
43.32
40.49
60.54
30.97
10.83
77.39
32.85
45.71
26.05
41.71
54.60
25.89
+0.23
+0.26
–0.16
...
+0.36
–0.22
+3.33
–0.07
+0.19
+1.53
+1.33
–0.51
+0.18
+0.08
+0.20
–0.50
+0.27
–0.03
+0.19
+0.79
+0.08
+0.45
+0.10
+0.03
–0.59
+0.09
+0.07
–0.51
+0.04
–0.10
–0.04
–0.15
...
...
–0.64
–0.19
–0.26
–0.62
+0.13
+0.11
+0.12
–0.08
–0.18
+0.02
–0.63
–0.38
–0.12
+0.38
+0.18
+0.06
.5299
.1906
.1316
.5124
.2756
.2609
.4236
.5044
.708
.0324
.1536
.3054
.3641
.2129
1.397
.4275
.8503
.2191
.1286
.2658
.3402
.4793
.1666
.2393
1.058
...
.0674
.0544
.1635
.031
.1345
.2202
.0598
.0136
.6939
.1125
.801
.2655
.638
1.1448
.5998
.3803
.0632
.8847
.1252
.3843
.4526
.4744
1.1823
.0528
Tick
Sym Yld
Name
iShNorthAmNatRscs IGE
iShRussell2500 SMMD
iShIntlPfdStock
IPFF
iShNATech-Software IGV
iShShortMaturityBd NEAR
iShShrtMatMuniBd MEAR
iSh10+YInvCpBd LLQD
iShCohen&StrsREIT ICF
iShUSFixedIncmBal FIBR
iShUSTreasuryBdETF GOVT
JPMorganDisciplHY JPHY
JPMGlblBdOpps JPGB
JPM UltShtIncm JPST
KraneFTSE EM Plus KEMP
LeggMasonEMLowVol LVHE
LeggMasonIntLowVol LVHI
MainSectorRot
SECT
MomentumIntlQuant IMOM
MomentumUSQuant QMOM
NuShESGEMEquity NUEM
NuShESGIntlDev NUDM
NuShESG LCGrwth NULG
NuShESG LCValue NULV
NuShESG MCGrowth NUMG
NuShESGMCValue NUMV
NuShESG SC
NUSC
NuShShTermREIT NURE
OppEMRevenue REEM
OppGlblRev
RGLB
OppIntlRevenue REFA
PacerIntCashCow100 ICOW
PacerGlCashCows GCOW
PacerTrendEurIndex PTEU
PacerTrendpilot450 PTMC
PacerTrendpilot100 PTNQ
PacerTrendpilot750 PTLC
PacerUSCashCows100 COWZ
PacerUSSCCash100 CALF
PointBridgeGOP MAGA
PwrShBalMultAsset PSMB
PwrShConservMult PSMC
PwrShGrwthMulti PSMG
PwrShModConserv PSMM
PwrShFTSEDevXNA PBDM
PwrShFTSEEM PBEE
PwrShMSCIUSA PBUS
PwrShMSCIUSASC PBSM
PwrShUSAggBd PBND
PwrSh0-5YUSTIPS PBTP
PwrShRuss1000Enh USEQ
3.6
...
3.2
.1
1.7
1.1
...
3.0
2.6
1.7
4.5
.6
1.6
1.9
5.6
2.2
...
2.0
.4
...
...
...
...
...
...
...
3.6
...
...
...
...
3.5
...
...
...
...
4.3
...
...
2.4
2.5
2.3
2.5
...
...
...
...
...
...
...
Div
Last Chg. Amt.
33.67
41.34
18.55
146.26
50.29
50.13
50.11
100.65
100.88
25.24
51.75
51.60
50.00
26.37
27.50
27.84
25.87
28.44
27.18
27.12
25.91
29.54
27.30
27.71
26.52
27.56
25.93
26.77
26.53
26.78
27.73
30.32
30.62
29.58
28.26
27.12
27.05
25.47
26.11
13.25
12.81
13.42
13.01
24.81
24.56
25.03
25.53
24.95
24.98
25.88
+0.25
+0.72
–0.03
+0.08
+0.03
+0.02
...
–0.20
+0.09
–0.07
–0.06
+0.01
–0.15
...
–0.20
–0.08
+0.37
+0.14
+0.47
–0.36
–0.02
+0.10
+0.23
+0.23
+0.17
+0.61
–0.45
–0.22
+0.03
+0.01
+0.08
–0.25
+0.05
+0.38
+0.27
+0.18
+0.03
+1.17
+0.33
+0.10
–0.03
+0.07
+0.01
–0.38
–0.52
+0.09
+0.35
...
+0.01
+0.28
.299
.1037
.0502
.0218
.07
.0448
...
.7439
.2224
.035
.1919
.0248
.0656
.4926
.3833
.1505
...
.1445
.0263
...
...
...
...
...
...
...
.236
...
...
...
.0961
.2632
...
.1761
.0688
.2582
.2912
.0638
...
.0788
.0802
.078
.0819
...
...
...
...
...
...
.0469
Tick
Sym Yld
Name
Div
Last Chg. Amt.
PwrShS&P500Min SPMV ...
PwrShS&P500ValMom SPVM 1.4
PwrShS&PIntlDevHi IDHD 3.9
PwrShS&PSCHiDivLow XSHD 4.5
PwrShS&PSCQual XSHQ .7
PremiseCapFrAdvDiv TCTL ...
PrincipalGlbDiv GDVD ...
PrincipalSpectPfd PREF 5.4
ProShCDSShNAHYCred WYDE ...
ProShGlbListedPrv PEX 11.1
ProShHY IntRt
HYHG 5.7
ProShInvGrdIntRt IGHG 3.4
ProShK1FreeCrude OILK ...
ProShLCCorePlus CSM 1.7
ProShDivGrowers EFAD 2.0
ProShMSCIEMDiv EMDV 3.0
ProShMSCIEurDiv EUDV 2.2
ProShMergerETF MRGR 1.1
ProShMornAltSoln ALTS 2.6
ProShRuss2000Div SMDV 2.0
ProShS&P500Arist NOBL 2.2
ProShS&PMC400 REGL 1.7
ProShShortUSDEmgBd EMSH 3.5
ProShTrMgdFut
FUT ...
ProSportsSponsors FANZ ...
QuantXDynBetaUS XUSA ...
QuantXRiskMgdGrw QXGG ...
QuantXRiskMgdMlt QXMI 3.4
QuantXRiskMultiTR QXTR ...
QuantXRiskMgd QXRR ...
REXVolMAXXInvVIXWk VMIN ...
REXVolMAXXLgVIXWk VMAX ...
RealityDIVDivDef DFND ...
RealityDIVCONDivGd GARD ...
RealityDIVCONLdrs LEAD .8
SPDRDoubleEMFixed EMTL 3.1
SPDRDoubleShDurTR STOT 1.9
SabaClosedEndFds CEFS 7.9
3DPrintingETF
PRNT ...
TortoiseWaterFd TBLU .7
TrimTabsAllCapIntl TTAI ...
TrimTabsFloatShr TTAC ...
ValueShIntlQuant IVAL .6
ValShUSQuantit QVAL 1.1
VanEckAMTFr 6-8Y ITMS 2.0
VanEckAMTFr12-17Y ITML 2.1
Velocity1xInvVS EXIV ...
Velocity1xLgVSTOXX EVIX ...
WearETF
WEAR ...
WisdTrYdEnhUSST SHAG 1.8
25.82
26.53
28.75
24.71
26.15
28.96
27.04
101.70
32.85
42.25
68.35
76.99
19.87
62.53
37.62
54.48
41.51
35.85
38.71
56.07
59.45
52.32
77.97
39.84
20.98
26.63
26.86
25.92
25.39
24.77
33.19
17.72
25.53
22.61
29.32
51.20
49.77
21.38
26.04
27.97
26.23
31.20
32.05
27.15
24.48
24.68
38.29
16.47
18.06
50.04
...
+0.29
–0.02
+0.85
+2.10
+0.11
+0.19
+0.40
–0.18
–0.57
+0.59
+0.94
+0.31
+0.39
–0.25
–0.86
–0.40
+0.05
+0.01
+1.15
+0.18
+0.52
–0.05
–0.06
+0.14
+0.40
+0.42
–0.06
...
–0.06
+1.89
–1.20
–0.07
–0.30
+0.30
+0.02
+0.09
+0.04
+0.89
+0.79
+0.06
+0.58
+0.42
+0.66
–0.04
+0.18
+1.19
–0.71
+0.55
–0.17
.0777
.0959
.2808
.0923
.0476
.157
.1261
.4547
...
1.1743
.3268
.2185
...
.2688
.1926
.403
.23
.1008
.248
.2781
.3329
.2225
.2264
...
...
...
...
.2227
...
...
9.9202
...
...
...
.0579
.1339
.0804
.14
.0014
.05
...
.052
.0482
.0721
.04
.044
...
...
.0085
.075
Tick
Sym Yld
Name
WisdTrDynBearUS DYB
WisdomDyCurrHdgEur DDEZ
WisdomDynCurrIntl DDWM
WisdTrDynCurr DHDG
WisdomDynCurrIntSC DDLS
WisdomDynCurrJapan DDJP
WisdTrDynLSUS DYLS
WisdTrEMDivFd DVEM
WisdTrEurDomEcon EDOM
WisdomTreeCpBdFd WFIG
WisdomTreeUSHYCpBd WFHY
WisdTrUSSTCpBd SFIG
WisdTrUSSTHY SFHY
WisdTrGlbxUS HDRW
WisdTrGlHdgSC HGSD
WisdomTreeGlbSC GSD
WisdTrIntlQualDiv IQDG
WisdTrStrongDollar EMSD
WisdTrUSMulti USMF
...
.2
1.2
1.1
1.6
8.3
7.2
5.3
.1
3.4
5.9
2.1
4.8
3.7
3.2
3.4
1.2
9.2
...
Div
Last Chg. Amt.
25.47
31.72
29.73
24.40
32.13
28.16
30.81
31.54
30.68
49.59
51.18
49.80
50.35
28.41
25.27
32.22
29.87
27.71
26.04
+0.22
+0.27
+0.04
–0.10
+0.20
+0.31
+0.39
–0.75
+0.04
–0.30
–0.25
–0.09
+0.02
–0.61
+0.40
+0.50
–0.07
–1.20
+0.23
...
.015
.09
.065
.125
.5863
.5508
.42
.01
.14
.2525
.0875
.20
.265
.205
.27
.09
.635
.085
+0.11
+0.43
–0.32
–0.36
+0.03
–0.29
–0.30
+0.08
–0.58
+0.08
–0.47
+0.25
+0.22
+0.25
–0.10
–0.15
+0.28
+0.26
...
+0.08
+3.06
+0.01
–0.25
–0.36
–0.59
+0.14
–0.15
+0.07
.049
...
...
...
.0914
.3033
.7895
.1371
.405
.1375
.3477
...
...
.1145
.0687
.0971
...
...
...
...
.54
...
.1527
.1559
.6539
.09
.10
.043
NASDAQ
ALPS/DorseyMom SWIN .7
ActiveAltsCont
SQZZ ...
AlphaMarkActiveMgd SMCP ...
AmplifyOnlineRet IBUY ...
ArrowInvDWATact DWAT .8
BldrsAsia50ADS ADRA 3.7
BMOElkhornDWAMLP BMLP 6.7
BldrsDev100
ADRD 2.4
BldrsEmg50
ADRE 3.8
BldrsEur100
ADRU 2.5
BullMarkLatSelLdrs BMLA 2.0
ClearBr AC Grw CACG ...
ClearBrLCGrw
LRGE ...
CSX-LinksCrudeOil USOI 5.7
CSX Gold
GLDI 9.1
CSX SilverETN
SLVO 14.7
DavisFinl
DFNL ...
DavisUSEquity
DUSA ...
DavisWorldwide DWLD ...
ElkhornComRotation DWAC ...
FidelityNasdComp ONEQ .8
FT AltAbsRet
FAAR ...
FT APxJapan
FPA 1.8
FT BICK
BICK 2.2
FTBrazilAlphaDEX FBZ 15.8
FT CEFIncmOpp FCEF 4.9
FT CA MuniHi
FCAL 2.4
FT CanadaAlpha FCAN .7
28.06
24.75
24.17
36.46
11.34
32.54
47.40
22.85
42.12
22.40
34.46
26.16
27.00
24.22
9.07
7.93
22.61
21.96
24.43
23.63
255.17
29.44
33.57
29.00
16.58
22.05
50.59
25.36
Tick
Sym Yld
Name
FT CapStrength FTCS
FT ChinaAlphaDEX FCA
FT CloudComp
SKYY
FT DevIntlEquity RNDM
FT DevMkts
FDT
FT DevMktsXUS FDTS
FT DorseyDyn5
FVC
FT DorseyFoc5
FV
FT DorseyIntl5
IFV
DorseyWrightPeople DWPP
FT MultAsstDiv
MDIV
FT NasdTechDiv TDIV
FT EM Alphadex
FEM
FT EM EquitySel RNEM
FT EM LocalCurr FEMB
FT EM SC Alpha FEMS
FT EnhShtMat
FTSM
FT EuropeAlpha
FEP
FTEurozoneAlpha FEUZ
FT GerAlpha
FGM
FT HighIncome
FTHI
FT HK AlphaDEX FHK
FT GlblAgri
FTAG
FT GlbNatRscs
FTRI
FT Intl IPO
FPXI
FT JapanAlpha
FJP
FT LC CoreAlpha FEX
FT LC GrwthAlpha FTC
FT LC US Equity RNLC
FT LC Value
FTA
FTLatAmAlphaDEX FLN
FT LowBetaIincm FTLB
FT LowDurOpp
LMBS
FT MgdMuni
FMB
FT MegaCap
FMK
FT MC CoreAlpha FNX
FT MC GrwthAlpha FNY
FT MC US Equity RNMC
FT MC ValAlpha
FNK
FT MCGrAlpDX
FAD
FT MuCValAlpha
FAB
FTMuniCEFIncmOpp MCEF
FT NasdComBk QABA
FT NasdCleanEdge QCLN
FT NasdClEdSmGr GRID
FT NasdCybersec CIBR
FT NasdGlblAuto CARZ
FT Nasd100xTech QQXT
FT Nasd100Tech QTEC
FT NasdSmartphone FONE
.9
1.9
.2
...
.6
1.9
.8
.8
2.4
.5
8.8
2.6
3.5
...
6.7
7.2
1.5
.8
.6
3.9
4.1
3.4
1.2
4.4
.8
2.4
1.0
.5
...
1.5
6.2
2.8
2.7
2.5
1.0
.8
.1
...
1.4
.2
1.2
3.8
1.4
.3
.5
.1
1.7
.1
.9
1.2
Div
Last Chg. Amt.
47.37
29.06
41.90
50.49
59.15
40.98
24.35
26.17
21.38
27.01
19.18
32.38
27.36
52.66
43.30
41.40
60.00
37.71
42.49
47.78
22.45
42.45
26.78
11.83
34.57
55.35
54.90
57.46
20.49
51.11
22.12
22.36
51.99
53.23
31.72
61.87
36.55
20.54
34.42
61.64
53.67
19.17
52.68
19.23
49.10
21.86
40.28
46.80
68.15
50.04
+0.20
–0.95
+0.24
+0.13
+0.03
–0.18
+0.26
+0.28
–0.07
+0.30
+0.11
+0.26
–0.46
–0.58
–0.81
–1.31
+0.03
+0.07
–0.34
–0.24
+0.15
–0.35
+0.28
+0.13
–0.75
+0.74
+0.60
+0.58
+0.22
+0.55
–0.48
+0.15
+0.01
–0.16
+0.14
+0.93
+0.57
+0.45
+0.54
+0.98
+0.87
+0.05
+2.25
+0.14
+0.56
–0.11
–0.03
+0.16
+1.03
–0.31
.1066
.1345
.025
.2078
.0909
.1965
.0459
.0527
.1292
.0367
.14
.2104
.2419
.566
.24
.7411
.0725
.0718
.0625
.464
.0775
.3594
.0831
.1287
.0682
.3296
.1429
.0728
.0465
.1938
.3432
.0525
.1175
.1125
.0803
.1234
.0072
.0614
.117
.0337
.1629
.06
.1875
.0157
.0645
.0074
.1664
.0156
.1532
.1529
Nasdaq Issues
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
19.54
7.46
28.53
37.88
103.73
41.95
8.10
9.05
21.70
12.50
111.10
12.23
10.15
43.45
9.54
5.10
14.55
34.00
9.65
389.61
16.25
48.35
9.93
93.35
71.00
89.89
51.91
8.42
1.84
43.44
25.18
22.40
32.06
7.75
19.22
41.55
22.05
17.95
9.40
30.91
7.15
34.55
78.25
62.86
4.21
10.50
14.05
2.16
7.75
12.95
17.94
8.00
41.03
27.20
40.30
13.34
66.13
26.30
32.60
24.27
TTMI
TTOO
TRHC
TCMD
TTWO
TLND
TNDM
TLF
TEDU
TATT
TECD
TTGT
TNAV
TTEC
TLGT
GLBL
TERP
TBNK
TESO
TSLA
TESS
TTEK
TTPH
TCBI
TCBIW
TXN
TXRH
TBBK
NCTY
TBPH
TIG
TTS
TSBK
TNTR
TITN
TVTY
TIVO
TOCA
TNXP
TSEM
CLUB
TOWN
TSCO
TTD
TWMC
TACT
TRNS
TGA
TA
TZOO
TRMT
TRVN
TCBK
TRS
TRMB
TRIB
TRIP
TSC
TBK
TRVG
10.85
2.50
10.39
14.37
41.70
21.02
0.39
6.85
12.52
6.60
74.07
7.85
4.80
24.45
5.75
3.40
10.99
27.73
3.70
178.19
9.75
34.78
3.11
53.21
42.00
66.80
37.23
4.41
0.88
23.15
10.77
12.05
15.45
2.85
8.68
19.25
15.15
9.68
2.85
14.85
2.10
23.10
49.87
22.00
1.50
5.90
10.00
1.07
2.95
7.55
16.12
2.15
25.43
17.26
25.30
5.11
35.34
15.46
18.36
10.43
TTM Tech
T2Biosystems
TabulaRasaHlth
TactileSystems
TakeTwoSoftware
Talend
TandemDiabetes
TandyLeather
TarenaIntl
TatTechnologies
TechData
TechTarget
TeleNav
Teletech
Teligent
TerraFormGlobal
TerraFormPower
TerritBanc
Tesco
Tesla
TesscoTech
TetraTech
TetraphasePharm
TexasCapBcshs
TexasCapWt
TexasInstruments
TexasRoadhouse
TheBancorp
The9
TheravanceBio
TiGenix
TileShop
TimberlandBncp
Tintri
TitanMachinery
TivityHealth
TiVo
Tocagen
TonixPharm
TowerSemi
TownSports
TowneBank
TractorSupply
TradeDesk
TransWorldEnt
TransActTechs
Transcat
TransGlobeEner
TravelCenters
Travelzoo
TremontMortgage
Trevena
TriCoBancshares
TriMas
Trimble
TrinityBiotech
TripAdvisor
TriStateCapital
TriumphBancorp
trivago
...
...
...
...
...
...
...
...
...
3.0
...
...
...
1.2
...
...
...
2.5
...
...
6.4
.9
...
...
...
2.8
1.7
...
...
...
...
1.6
1.4
...
...
...
3.6
...
...
...
...
1.7
1.7
...
...
3.7
...
...
...
...
...
...
1.7
...
...
...
...
...
...
...
23
dd
dd
cc
68
dd
dd
14
...
23
17
cc
dd
43
dd
dd
dd
17
dd
dd
50
24
dd
24
...
23
30
dd
dd
dd
dd
32
17
dd
dd
18
68
...
dd
16
dd
23
19
73
13
18
22
dd
dd
37
...
dd
19
dd
57
25
61
20
20
cc
15.37
4.20
26.74
30.95
102.23
40.94
.73
7.85
14.55
11.20
88.85
11.94
6.35
41.75
6.71
4.75
13.22
31.57
5.45
341.10
12.45
46.55
6.84
85.80
71.00
89.64
49.14
8.27
.96
34.24
23.81
12.70
31.34
3.14
15.53
40.80
19.85
12.46
4.56
30.75
7.00
33.50
63.29
61.51
2.00
9.75
13.55
1.44
4.25
8.60
16.70
2.55
40.75
27.00
39.25
5.61
40.53
22.90
32.25
10.85
–0.22
–0.09
+0.91
+0.09
–0.61
–0.25
+0.16
–0.30
+0.05
+0.50
+1.95
+0.11
–0.10
+1.35
–0.15
–0.03
–0.14
+1.06
+0.20
–9.99
–0.50
+2.40
+0.29
+3.80
+6.97
+1.37
+1.02
+0.11
+0.04
+0.75
–0.19
–2.10
+1.65
+0.12
+0.36
+2.05
+0.70
+0.79
+0.41
+0.85
...
+1.20
+2.17
+1.71
–0.10
–0.05
–0.05
+0.18
+0.15
+0.10
+0.09
+0.09
+3.83
+0.35
–0.51
+0.05
–3.84
+0.10
+0.90
+0.15
.34
–2.11
–.59
.15
.72
–1.68
–2.73
.69
...
.01
5.51
.08
–1.09
.71
–.23
–.47
–1.47
1.76
–2.73
–4.68
.17
1.42
–2.11
3.11
...
3.48
1.63
–2.17
–4.26
–4.26
.44
.36
1.43
–4.94
–.65
–3.39
.35
–15.22
–15.41
2.33
.31
1.18
3.27
–1.46
.10
.47
.64
–1.21
–.05
.47
...
–1.97
1.94
–.88
.52
–4.39
.82
1.01
1.10
...
1.53
–1.94
.39
.14
2.27
–.79
–1.72
...
.73
...
8.86
.37
–1.26
1.77
.06
–.07
–.88
1.80
–.94
–6.36
.72
2.04
–2.36
4.01
...
4.13
1.93
.56
...
–4.72
–3.12
.52
...
–3.48
–.22
1.53
1.67
–2.51
–3.02
2.00
–.24
1.55
3.25
1.36
...
.53
.66
–.57
–.68
.19
...
–1.33
2.17
1.43
1.43
.20
1.13
1.18
1.58
.02
1.76
–1.70
.67
.23
4.31
–.41
–1.05
...
.98
...
10.26
.49
–.19
2.04
.30
.08
–.22
1.99
–.54
–1.17
.51
2.36
–1.82
4.97
...
4.30
2.16
.57
...
–4.09
–2.50
.61
...
–2.62
.15
1.66
2.23
–2.67
–2.47
2.35
–.06
1.92
3.62
1.57
...
.62
.75
–.01
.04
.30
...
–1.11
2.25
1.55
1.66
.27
1.20
1.55
2.15
.11
...
...
...
...
...
...
...
...
.16
.3398
...
...
...
.25
...
...
...
.20
...
...
.20
.10
...
...
...
.62
.21
...
...
...
...
.05
.08
...
...
...
.18
...
...
...
...
.14
.27
...
...
.09
...
...
...
...
...
...
.17
...
...
...
...
...
...
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
17.93
21.75
27.00
9.10
36.79
6.25
10.47
2.00
32.60
31.94
8.52
21.75
20.01
56.12
8.76
8.47
13.71
6.60
26.81
1.60
6.73
0.56
24.04
24.41
4.17
10.01
10.49
29.23
tronc
TrueCar
Trupanion
TrustcoBank
Trustmark
TuesdayMorning
Tuniu
TurtleBeach
21stCenturyFoxA
21stCenturyFoxB
21 Vianet
TwinDisc
TwoRiverBancorp
2U
TRNC
TRUE
TRUP
TRST
TRMK
TUES
TOUR
HEAR
FOXA
FOX
VNET
TWIN
TRCB
TWOU
81.55
6.30
14.10
4.13
55.00
85.08
67.80
314.86
233.42
30.92
13.60
91.35
7.65
19.69
11.50
39.37
50.15
9.81
23.78
49.35
19.40
30.47
9.92
18.66
50.75
20.50
49.74
9.95
169.89
31.95
20.40
145.30
75.62
108.79
20.70
21.30
32.35
25.56
40.80
33.77
75.45
2.40
58.37
3.55
5.73
2.40
38.00
63.60
45.71
204.01
180.29
7.03
3.64
49.57
3.76
14.78
8.90
26.13
32.55
4.72
18.41
31.70
14.61
20.26
6.93
13.32
37.54
13.75
29.53
5.89
110.90
13.81
11.85
47.88
52.90
77.80
11.09
9.13
22.76
7.48
16.19
13.01
56.30
1.60
UMB Fin
USA Tech
USA Truck
USAutoPartsNtwk
US Ecology
US Lime&Min
UbiquitiNetworks
UltaBeauty
UltimateSoftware
UltraClean
UltraPetroleum
UltragenyxPharm
Ultralife
Umpqua
UnicoAmerican
UnionBankshares
UnionBankshares
uniQure
UnitedBancshares
UnitedBkshrsWV
UtdCmntyBcp
UtdCmtyBks
UtdCmtyFnl
UnitedFinBncp
UnitedFire
UnitedGuardian
UnitedNatFoods
UnitedSecBcshrs
UnitedTherap
Uniti
UnityBancorp
UniversalDisplay
UnivElectro
UniversalForest
UnivLogistics
UnivStainless
UnivestPA
UplandSoftware
UrbanOutfitters
UroGenPharma
UtahMedProducts
UTStarcom
UMBF
USAT
USAK
PRTS
ECOL
USLM
UBNT
ULTA
ULTI
UCTT
UPL
RARE
ULBI
UMPQ
UNAM
UBSH
UNB
QURE
UBOH
UBSI
UCBA
UCBI
UCFC
UBNK
UFCS
UG
UNFI
UBFO
UTHR
UNIT
UNTY
OLED
UEIC
UFPI
ULH
USAP
UVSP
UPLD
URBN
URGN
UTMD
UTSI
...
...
...
2.9
2.8
...
...
...
1.4
1.4
...
...
.9
...
39
dd
dd
19
19
dd
dd
dd
17
16
...
dd
19
dd
14.53
15.79
26.41
8.90
33.12
3.20
7.82
.83
26.38
25.79
5.69
18.61
19.82
56.04
+1.29
+0.38
+2.76
+0.50
+1.69
+0.80
+0.02
–0.04
–0.50
–0.64
–0.47
+0.81
+0.97
+1.11
.19
–.49
–.24
.45
1.60
–.74
...
–1.79
1.59
1.59
...
–.56
.96
–.44
.37
.02
–.09
.49
1.86
–.45
–.90
–.08
2.02
2.01
–.42
.01
...
–.12
–.45
.15
.03
.59
1.99
–.07
–.15
–.04
2.29
2.27
–.36
.10
...
–.03
...
...
...
.0656
.23
...
...
...
.18
.18
...
...
.045
...
21
dd
dd
5
42
24
18
30
cc
22
4
dd
19
18
dd
20
25
dd
13
20
23
20
24
16
25
26
16
21
14
dd
16
74
59
19
39
dd
29
dd
16
...
21
...
74.49
6.25
14.05
2.89
53.80
84.00
56.02
226.06
189.60
30.62
8.67
53.26
6.75
19.51
10.10
35.30
48.40
9.60
22.50
37.15
19.40
28.54
9.60
18.29
45.82
19.50
41.59
9.50
117.19
14.66
19.80
128.85
63.40
98.16
20.45
20.85
32.00
21.16
23.90
31.52
73.55
2.40
+4.18
+0.75
+1.56
...
+1.20
+3.85
+1.84
+6.89
+4.44
+2.41
+0.08
+1.10
–0.30
+0.53
–0.03
+2.09
+0.90
+0.02
...
+1.45
+0.25
+1.79
+0.22
+0.75
+0.74
+2.30
–1.44
–0.20
+2.59
–1.85
+1.10
–3.85
+1.95
+3.51
+1.05
+0.61
+0.55
+0.87
+1.03
+1.03
–0.15
+0.08
3.22
–.06
–.90
.01
1.57
3.19
3.09
6.52
.99
.30
.36
–6.21
.23
1.05
–.26
1.77
...
–2.93
1.68
1.99
.84
1.40
.40
.99
1.93
.56
2.56
.44
15.25
–.04
1.38
1.02
1.38
4.96
.85
–.74
.84
–.82
1.86
...
3.22
.03
3.59
.04
–.52
.70
1.77
...
3.85
8.38
3.53
2.27
2.47
–7.17
...
1.05
...
1.89
...
–3.03
...
1.94
...
1.62
.52
1.16
1.23
...
2.70
...
10.42
–.20
...
2.13
3.13
5.60
.70
.35
1.74
.94
1.45
–1.96
...
...
4.05
.09
.37
.10
2.03
...
4.46
9.88
4.38
2.41
1.73
–6.75
...
1.24
...
2.31
...
–2.68
...
2.25
...
1.84
.68
1.26
2.08
...
2.89
...
10.76
.06
...
2.86
4.02
6.33
.98
.82
2.08
1.09
1.58
–2.89
...
...
.255
...
...
...
.18
.135
...
...
...
...
...
...
...
.18
...
.20
.29
...
.12
.33
.10
.10
.04
.12
.28
.42
...
.07
...
.60
.06
.03
...
.45
.07
...
.20
...
...
...
.265
...
U
1.4
...
...
...
1.3
.6
...
...
...
...
...
...
...
3.7
...
2.3
2.4
...
2.1
3.6
2.1
1.4
1.7
2.6
2.4
4.3
...
2.9
...
16.4
1.2
.1
...
.9
1.4
...
2.5
...
...
...
1.4
...
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
V
4.50
9.00
58.70
37.25
18.99
36.58
43.05
7.25
34.38
15.86
9.71
5.71
44.70
106.81
88.17
29.43
74.92
17.50
24.00
167.86
49.00
46.72
82.19
11.89
23.75
11.74
10.39
1.99
36.42
19.38
6.05
19.07
128.10
38.31
6.58
1.47
30.39
22.28
7.50
3.12
2.50
26.16
24.42
12.70
25.00
24.45
3.90
18.30
7.70
5.82
1.05
33.40
74.46
75.60
15.46
7.76
11.03
2.35
71.46
36.25
26.65
57.75
6.99
11.27
7.68
2.64
0.88
22.43
13.53
3.55
12.35
92.80
18.03
2.25
0.86
24.17
8.10
3.57
VEON
VOXX Intl
VSE
VWR
VandaPharm
VarexImaging
VaronisSystems
VascularBiogenics
VeecoInstr
VeraBradley
Veracyte
Verastem
VerintSystems
VeriSign
VeriskAnalytics
Veritex
Veritone
VeronaPharma
Versartis
VertxPharm
Viacom A
Viacom B
ViaSat
ViaviSolutions
Vicor
Videocon d2h
ViewRay
VikingTherap
VillageSuper A
ViperEnergyPtrs
VircoMfg
VirtuFinancial
VirtusInvtPtrs
Virtusa
VitalTherapies
Vivus
Vodafone
VoyagerTherap
vTvTherap
VEON
VOXX
VSEC
VWR
VNDA
VREX
VRNS
VBLT
VECO
VRA
VCYT
VSTM
VRNT
VRSN
VRSK
VBTX
VERI
VRNA
VSAR
VRTX
VIA
VIAB
VSAT
VIAV
VICR
VDTH
VRAY
VKTX
VLGEA
VNOM
VIRC
VIRT
VRTS
VRTU
VTL
VVUS
VOD
VYGR
VTVT
40.15
119.90
119.12
50.55
88.00
35.95
58.30
20.40
18.75
21.75
25.95
108.30
16.66
36.60
15.15
100.60
89.40
31.90
75.18
25.15
38.92
16.05
13.55
13.05
12.90
40.12
10.47
21.45
WAVE LifeSci
WD-40
WPP
WSFS Financial
WalgreensBoots
WashingtonFederal
WashTrBcp
WaterstoneFinl
WayneSavings
WaysideTech
Web.com
Weibo
Wendy's
WernerEnterprises
WVE
WDFC
WPPGY
WSFS
WBA
WAFD
WASH
WSBF
WAYN
WSTG
WEB
WB
WEN
WERN
2.6
...
.5
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
2.2
2.9
...
...
...
...
...
...
4.0
7.1
...
5.9
1.6
...
...
...
8.2
...
...
4
38
21
31
dd
22
dd
dd
dd
31
dd
dd
dd
29
31
27
dd
dd
dd
cc
10
8
cc
13
dd
cc
dd
dd
16
25
4
35
23
54
dd
3
dd
dd
dd
4.18
8.55
56.86
33.11
17.90
33.84
41.90
6.10
21.40
8.81
8.77
4.70
41.85
106.39
83.19
26.96
45.45
15.35
2.45
152.04
36.70
27.84
64.32
9.46
23.60
8.90
5.76
1.91
24.74
18.64
5.50
16.20
116.05
37.78
5.05
.99
28.46
20.59
5.98
+0.08
+0.35
+3.34
–0.05
–0.70
+0.84
+0.10
–0.05
+0.60
+0.63
+0.29
–0.06
+1.15
+1.81
+0.88
+1.00
–10.83
–0.03
–0.23
+0.78
–1.30
+0.20
+1.95
–0.10
+3.70
–0.15
+0.11
+0.52
+0.73
+0.74
–0.20
–0.65
+0.50
+1.18
+0.15
+0.03
–0.18
+3.09
+0.09
1.34
.18
2.47
1.12
–.41
1.82
–.67
–.64
–3.11
.53
–1.09
–.99
–.47
3.42
3.45
1.13
–3.98
–1.61
–3.11
–.46
3.61
3.61
.45
.71
–.16
.04
–1.26
–.90
1.77
–.13
1.49
.83
6.20
.39
–1.31
.22
–2.47
–1.59
–1.71
.33
.25
...
1.87
–.20
1.75
.08
–.74
.41
.47
–.85
–1.38
2.76
3.97
3.14
1.07
–5.56
–2.18
–3.98
1.67
3.84
3.84
–.02
.41
...
...
–.82
–.82
...
.90
.43
.64
7.61
1.53
–1.31
–.39
.99
–2.84
–1.41
.43
.48
...
1.96
.17
1.94
.22
–.83
1.56
.52
–.58
–1.54
3.10
4.33
3.42
1.69
–1.99
–2.59
–2.52
3.14
4.01
4.01
.81
.50
...
...
–.29
–.79
...
1.17
.53
.95
10.27
1.98
–1.32
–.45
1.19
–2.59
–2.25
.11
...
.07
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.20
.20
...
...
...
...
...
...
.25
.332
...
.24
.45
...
...
...
1.1705
...
...
dd
30
11
22
19
18
20
18
22
10
63
cc
41
33
21.75
111.90
92.80
48.75
77.22
33.65
57.25
19.50
17.97
13.57
25.00
98.94
15.53
36.55
–0.25
+2.15
–2.53
+2.60
–1.19
+0.80
+1.55
+0.90
+0.57
–0.43
+0.30
–1.10
+0.49
+1.00
–2.43
3.64
7.37
2.06
3.82
1.78
2.70
.93
.82
1.31
.08
.50
.49
1.09
–3.70
3.68
7.88
2.56
5.01
1.91
2.91
1.03
...
...
2.88
1.59
.46
1.23
–3.65
3.93
8.28
2.97
5.49
2.05
3.44
1.21
...
...
3.06
2.55
.57
1.49
...
.49
1.4532
.07
.40
.15
.39
.12
.09
.17
...
...
.07
.07
W
...
1.8
3.1
.6
2.1
1.8
2.7
2.5
2.0
5.0
...
...
1.8
.8
52-Week
High Low Name
- Earnings Tick
- Week’s - Last This Next Div
Sym Yld P/E Last Chg. Year Year Year Amt
44.19
25.05
28.57
65.34
95.77
11.03
19.92
3.42
32.30
36.87
28.06
156.14
10.40
35.91
137.75
80.52
13.32
86.15
78.95
111.45
88.26
2.67
31.53
150.15
32.06
18.75
19.64
47.31
52.10
7.45
1.88
0.82
23.75
15.25
21.10
112.76
1.73
24.74
102.55
51.66
7.87
38.65
57.09
65.79
42.01
1.20
20.50
82.51
WesBanco
WestBancorp
West
WestamericaBncp
WesternDigital
WestNewEngBncp
WestmorelandCoal
WestportFuelSys
WeycoGroup
Willdan
WillisLease
WillisTwrsWatson
Windstream
Wingstop
Winmark
WintrustFin
WisdomTreeInvs
Wix.com
Woodward
Workday
WorldAcceptance
WrightMedical Rt
WrightMedical
WynnResorts
WSBC
WTBA
WSTC
WABC
WDC
WNEB
WLB
WPRT
WEYS
WLDN
WLFC
WLTW
WIN
WING
WINA
WTFC
WETF
WIX
WWD
WDAY
WRLD
WMGIZ
WMGI
WYNN
22.69
20.18
5.30
10.01
29.38
33.30
9.95
70.93
45.95
5.52
16.97
89.37
33.68
25.47
22.97
5.85
39.86
16.15
5.46
32.64
20.37
109.89
50.91
51.23
6.90
48.33
15.50
11.95
6.67
37.55
26.55
25.95
4.02
3.96
2.77
1.80
5.32
18.45
21.20
2.25
48.75
24.35
3.11
7.36
37.81
17.28
3.50
8.53
2.65
28.61
5.15
2.89
23.80
16.07
62.91
31.17
31.22
1.07
30.07
3.92
1.31
3.91
7.50
11.43
5.42
2.40
XOMA
XBiotech
XcelBrands
Xcerra
Xencor
XenithBkshrs
XenonPharms
Xilinx
Xperi
Xunlei
YRC Worldwide
YY
Yandex
YangtzeRiverDev
YintechInvt
YogaWorks
YorkWater
ZAGG
Zafgen
ZaiLab
ZealandPharma
ZebraTech
Zillow A
Zillow C
ZionOil&Gas
ZionsBancorp
ZionsBancorpWt
ZionsBancorpWt
Zix
Zogenix
Zumiez
ZynerbaPharma
Zynga
XOMA
XBIT
XELB
XCRA
XNCR
XBKS
XENE
XLNX
XPER
XNET
YRCW
YY
YNDX
YERR
YIN
YOGA
YORW
ZAGG
ZFGN
ZLAB
ZEAL
ZBRA
ZG
Z
ZN
ZION
ZIONW
ZIONZ
ZIXI
ZGNX
ZUMZ
ZYNE
ZNGA
2.5
3.0
3.8
2.6
2.3
1.1
...
...
3.1
...
...
1.4
33.9
.8
.3
.7
3.1
...
.6
...
...
...
...
1.3
19
16
9
25
68
27
dd
dd
18
29
8
44
dd
52
25
20
46
dd
24
...
10
...
dd
56
41.02
24.40
23.47
59.54
86.40
10.90
2.55
3.27
28.38
32.46
24.59
154.23
1.77
33.25
131.75
78.31
10.18
71.85
77.61
105.39
82.89
1.55
25.87
148.92
+1.62
+1.15
–0.04
+3.62
–0.08
+0.15
+0.20
+0.46
+0.17
+1.07
+0.30
+1.52
–0.16
–0.71
+0.85
+4.40
+0.93
+3.45
+1.66
+1.50
+3.21
–0.01
+0.19
+4.01
2.16
1.42
2.29
2.29
1.34
.24
–1.47
–1.07
1.56
.97
2.05
3.04
–4.11
.53
5.13
3.66
.19
–1.12
2.85
...
8.38
...
–4.20
2.38
2.45
1.53
2.89
2.32
12.47
.54
–4.24
–.38
...
1.16
...
8.43
–1.36
.72
...
4.31
.27
.21
3.10
.83
7.52
...
–.29
4.93
2.72
1.66
2.89
2.50
11.52
.63
–2.19
–.23
...
1.42
...
9.80
–1.09
.79
...
4.77
.33
.96
3.49
1.09
7.68
...
.08
6.15
.26
.18
.225
.39
.50
.03
...
...
.22
...
...
.53
.15
.07
.11
.14
.08
...
.125
...
...
...
...
.50
dd
dd
27
23
dd
11
dd
30
dd
dd
dd
17
81
dd
5
...
36
dd
dd
...
...
dd
dd
dd
dd
19
...
...
41
dd
19
dd
dd
19.65
4.37
3.70
9.85
22.92
32.50
2.95
70.83
25.30
4.25
13.80
86.78
32.95
16.36
11.05
2.77
33.90
15.75
3.52
27.00
19.20
108.58
40.15
40.21
3.41
47.18
15.18
11.61
4.89
35.05
18.10
8.36
3.78
+0.08
+0.18
–0.20
–0.03
+1.07
+1.88
+0.05
+1.50
+0.25
–0.38
+0.50
+6.26
–0.25
–0.98
+1.13
–0.76
+0.15
+1.45
+0.16
–0.73
+0.46
–0.33
+1.22
+1.11
+0.03
+2.06
+1.63
+2.91
+0.19
+20.65
+1.65
+2.13
–0.07
–8.89
–1.63
.14
.41
.56
2.89
–1.48
2.32
1.12
–.36
.65
...
.32
–.07
2.37
–.82
.92
–.56
–2.12
–.66
...
–2.65
–1.22
–1.22
–.21
1.99
...
...
.11
–2.81
1.04
–2.58
–.12
–2.91
...
.31
.75
–1.13
1.10
–.96
2.54
–.76
...
.75
6.00
.83
...
1.23
–1.16
...
.85
–2.23
...
...
6.63
.49
.49
...
2.82
...
...
.28
–3.82
1.04
–2.34
.09
–1.31
...
.38
...
–1.69
1.39
–1.23
2.80
.88
...
1.69
7.18
1.14
...
1.38
–.66
...
1.09
–1.84
...
...
7.57
.84
.84
...
3.15
...
...
.33
–3.73
1.12
–2.31
.13
...
...
...
...
...
...
...
.35
.20
...
...
...
...
...
.80
...
.1602
...
...
...
...
...
...
...
...
.12
...
...
...
...
...
...
...
XYZ
...
...
...
...
...
...
...
2.0
3.2
...
...
...
...
...
...
...
1.9
...
...
...
...
...
...
...
...
1.0
...
...
...
...
...
...
...
M26
BARRON’S
October 2, 2017
Exchange-Traded Portfolios
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Name
Tick
Sym Yld
FTNasdaqBk
FTXO 1.5
FT NasdFood&Bev FTXG 1.3
FT NasdOil&Gas FTXN 2.2
FT NasdPharm
FTXH .7
FT NasdRetail
FTXD 1.3
FT NasdSemicon FTXL .7
FT NasdaqTrans FTXR 1.1
FT Nasd100 EW QQEW .3
FT RBA AmerInd AIRR .4
FT RBAQualIncm QINC 1.9
FTRisingDivAch RDVY 1.3
FT RiverFrDynAP RFAP .9
FT RiverFrDynDev RFDI .7
FT RiverFrDynEM RFEM 2.4
FT RiverFrDynEur RFEU .5
FT SSI Strat
FCVT 1.7
FT SC CoreAlpha FYX .3
FT SC GrwthAlpha FYC ...
FT SC US Equity RNSC ...
FT SC Value
FYT .5
FT SKoreaAlpha
FKO ...
FT StratIncm
FDIV 3.6
FT SwitzAlpha
FSZ 6.1
FT TCW Opp
FIXD 2.4
FT TacticalHY
HYLS 5.5
FT TaiwanAlpha
FTW 10.4
FT TotalUSMkt
TUSA .6
FT USEquityDiv RNDV ...
FT UK Alpha
FKU 3.7
FlexShCredScoreUS SKOR 2.5
FlexShCredScUSLg LKOR 3.3
FlexShDiscDurMBS MBSD 3.2
FlexShRealAsset ASET 1.7
FlexSTOXXGlbESGImp ESGG 1.6
FlexSTOXXUSESGImp ESG 1.7
FlexShUSQualLC QLC 1.7
GlbXConsciousCos KRMA ...
GlbXFinTech
FINX ...
GlbX GuruActivist ACTX .8
GlbX Health&Well BFIT ...
GlbXInternetThings SNSR ...
GlbXLongevityThem LNGR ...
GlbXMSCISuperDiv EFAS 4.6
GlbXMillThematic MILN ...
GlbX Robotics&AI BOTZ ...
GlbXS&P500Catholic CATH ...
GlbXSocialMedia SOCL .1
GlbXSuperDividAlt ALTY 6.9
GlbXSuperDivdREIT SRET 7.1
GlbX Yieldco
YLCO 4.1
HighlandSrLoan SNLN 4.3
HorizDAXGermany DAX 3.6
HorizNasd100
QYLD 7.7
IQ Chaikin US SC CSML .4
IntlMultiAssetDiv YDIV 6.2
iPath5-YearBear DFVS ...
iPathFlattener
FLAT ...
iPathLgBdBear
DLBS ...
iPathSteepener STPP ...
iPath10-yearBear DTYS ...
iPath2yearBear DTUS ...
iSectorsPostMPT PMPT ...
iShAsia50ETF
AIA .6
iShIntermCredBd
CIU 2.5
iSh1-3YCreditBond CSJ 1.7
iSh3-7YTreasuryBd IEI 1.6
iShCommodSelStrat COMT 1.3
iShCoreMSCITotInt IXUS 2.4
iShCore1-5YUSDBd ISTB 2.2
iShCoreS&PUSGrowth IUSG 1.6
iShCoreS&PUSValue IUSV 2.5
iShCoreTotalUSDBd IUSB 2.8
iShCurrHdMSCIGrmny HEWG 3.9
iShSelectDividend DVY 3.1
iShESG1-5YCpBd SUSB ...
iShESGUSDCorpBd SUSC ...
iShEurDevRealEst IFEU 1.7
iShExponentialTech XT 2.8
iShFallAngelsUSDBd FALN 5.9
iShGNMABondETF GNMA 2.5
iShGlbCleanEnergy ICLN 3.2
iShGlbTimber
WOOD 2.1
iShIndia50ETF
INDY .2
iShIntlDevRealEst IFGL 2.5
iShIntlTreasuryBd IGOV ...
iShJPMUSDEmgBd EMB 4.6
iShMBSETF
MBB 2.3
iShMSCIACWIETF ACWI 2.1
iShMSCIACWIexUSETF ACWX 2.8
iShMSCIACxJpn AAXJ .8
iShMSCIBrazilSC EWZS 2.0
iShMSCIChinaETF MCHI .6
iShMSCIEAFEESGOpt ESGD 6.4
iShMSCIEAFESC SCZ 2.5
iShMSCIEMESGOpt ESGE 2.7
iShMSCIEmMkAsia EEMA .7
iShMSCIEMxChina EMXC ...
iShMSCIEuropeFinls EUFN 4.7
iShMSCIEuropeSmCp IEUS 2.3
iShMSCIGlblGoldMin RING .3
iShMSCIGlbImpact MPCT 2.6
iShMSCINZCapped ENZL 3.6
iShMSCIQatarCapped QAT 8.4
iShMSCITurkeyETF TUR 4.9
iShMSCIUAECapped UAE 5.4
iShMSCIUSAESGOpt ESGU 1.3
iShMornMCValue
JKI 2.1
iShNasdaqBiotech IBB .1
iSh13YearIntlTBd ISHG ...
iShPHLXSemicond SOXX 1.3
iShRuss1000PureUS AMCA ...
iShS&PSC600Growth IJT .9
iShUSPfdStk
PFF 5.5
iShS&P EM Infra EMIF 1.3
iShGlobalInfra
IGF 3.3
iShShortTreasuryBd SHV .8
iSh1-3YTreasuryBd SHY 1.0
iSh7-10YTreasuryBd IEF 1.8
iSh20+YTreasuryBd TLT 2.5
iShUSCreditBdETF CRED 3.1
iSh0-5YInvGrdCpBd SLQD 2.1
JanusSGGlbQualIncm SGQI 4.6
JanusSCGrwAlpha JSML .5
JanusS/MC GrwAlph JSMD .3
KraneCSIChInt KWEB ...
LeggMasonDev
DDBI ...
LeggMasonEMDivCore EDBI ...
Div
Last Chg. Amt.
27.62
19.75
18.88
20.00
19.81
28.30
24.17
55.54
26.04
24.53
27.85
58.56
63.06
67.10
64.60
28.66
58.98
41.20
20.95
35.65
26.40
51.23
51.37
50.88
49.06
35.62
31.00
20.38
38.09
51.07
53.53
23.93
28.12
90.11
58.97
30.96
18.21
20.76
15.80
16.05
18.80
19.39
18.46
18.06
21.75
31.13
31.41
15.78
15.56
12.57
18.30
30.72
23.90
26.84
18.70
28.52
61.50
17.04
31.96
16.94
31.87
26.00
61.37
110.16
105.35
123.51
34.84
60.98
50.27
50.48
52.35
51.08
28.49
93.65
25.15
25.37
38.73
34.33
27.80
49.93
8.98
66.78
34.10
29.17
49.25
116.42
107.10
68.82
48.35
72.22
16.93
63.09
66.25
62.00
69.47
69.59
51.04
23.48
56.21
18.69
57.91
47.12
15.71
41.81
17.36
54.78
151.08
333.59
83.89
158.57
25.24
164.49
38.81
33.80
45.26
110.40
84.45
106.52
124.76
112.23
50.62
28.30
34.94
35.76
56.92
29.03
32.12
+0.79
+0.05
+0.36
+0.16
+0.10
+0.87
+0.43
+0.37
+0.86
+0.18
+0.33
–0.04
+0.22
–0.60
+0.24
+0.32
+1.77
+1.09
+0.81
+1.12
–0.15
+0.18
+0.31
+0.07
+0.08
–0.74
+0.41
+0.19
+0.12
–0.02
–0.16
–0.02
+0.02
+0.34
+0.27
+0.31
+0.15
+0.04
+0.14
–0.05
–0.22
–0.01
...
–0.01
+0.30
+0.20
–0.30
+0.13
+0.07
–0.14
...
+0.11
+0.15
+0.91
+0.06
–0.10
+0.37
+0.66
–0.29
+0.58
+0.22
–0.03
–0.44
+0.05
+0.04
–0.27
–0.15
–0.05
+0.01
+0.14
+0.13
–0.05
+0.48
–0.03
+0.04
+0.04
–0.28
+0.06
+0.17
+0.09
–0.19
–0.20
–0.68
–0.33
–0.49
–0.02
–0.10
+0.13
–0.11
–0.70
–0.58
–0.74
+0.16
+0.56
–0.83
–0.78
–0.78
+0.13
+0.22
–0.33
+0.03
–0.23
–0.03
–1.25
–0.18
–0.06
+1.24
+3.65
–0.98
+2.45
+0.23
+5.00
+0.02
–0.35
–0.31
+0.03
+0.01
–0.47
–1.44
+0.07
+0.04
–0.56
+0.47
+0.73
–1.32
–0.11
–0.41
.1041
.0663
.1024
.0353
.0644
.0462
.065
.0376
.0276
.119
.0875
.1342
.1034
.4067
.0818
.04
.0436
.0662
.068
.0459
.1104
.155
.7839
.1011
.225
.9284
.0471
.0766
.3477
.107
.1471
.0631
.117
.355
.2447
.1303
.1527
...
.1186
.0751
.0487
.0683
.0715
.0496
.0085
.0018
.0389
.091
.0915
.1275
.0657
.5466
.1537
.0291
.096
...
...
...
...
...
...
.1521
.1907
.2328
.1469
.1612
.1133
.7388
.0922
.1989
.3229
.1191
.5589
.7277
.0653
.093
.1611
.2374
.1369
.1038
.1428
.6902
.0398
.1793
.0095
.4511
.2067
.7321
.6707
.2866
.168
.1919
1.0603
.7813
.4769
.2593
...
.5535
.6484
.0313
.7651
.8511
.6629
1.028
.4682
.1848
.7913
.1187
...
.4985
.0704
.3611
.1773
.214
.7358
.0737
.072
.1625
.2626
.2854
.0865
.3267
.0456
.029
.4136
.75
.0155
Name
Tick
Sym Yld
LeggMasonGlbInfr INFR
LeggMasonLowVol LVHD
LeggMasonSCQualVal SQLV
LoncarCancerETF CNCR
LongTermCareETF OLD
ObesityETF
SLIM
OrganicsETF
ORG
PwrShBuybackAch PKW
PwrShDBOptYdDiv PDBC
PwrShDWA DevMkt PIZ
PwrShDWA EM
PIE
PwrShDWAMom DWLV
PwrShDWA Mom PDP
PwrShDWANasdMom DWAQ
PwrShDWASCMom DWAS
PwrShDWA Tact DWIN
PwrShDWATactical DWTR
PwrShDWA Util
PUI
PwrShDivAch
PFM
PwrShDynBscMatl PYZ
PwrShDynConDis PEZ
PwrShDynConsStp PSL
PwrShDynEnerSec PXI
PwrShDynFinl
PFI
PwrShDynHlthcr
PTH
PwrShDynIndls
PRN
PwrShDynTech
PTF
PwrShFTSEIntlLow IDLB
PwrShUS1500
PRFZ
PwrShGlblAgricult PAGG
PwrShGlobalGold PSAU
PwrShGlbWater
PIO
PwrShGoldDragon PGJ
PwrShHY EqDiv
PEY
PwrShIntlBuyBack IPKW
PwrShIntlDivAch
PID
PwrShKBW Banks KBWB
PwrShKBWHiDiv KBWD
PwrShKBWPREIT KBWY
PwrShKBWProp&Cas KBWP
PwrShKBW RegBk KBWR
PwrShLadder0-5 LDRI
PwrShMultiStratAlt LALT
PwrShNasdInternet PNQI
PwrSh1-30LadTrsr PLW
PwrShQQQ 1
QQQ
PwrShRuss1000Low USLB
PwrShS&P SC CD PSCD
PwrShS&P SC ConStp PSCC
PwrShS&P SC Ener PSCE
PwrShS&P SC Fin PSCF
PwrShS&P ScHealth PSCH
PwrShS&P SmInds PSCI
PwrShS&P InfTech PSCT
PwrShS&PSCMatls PSCM
PwrShS&PSC Util PSCU
PwrShVarRateInv VRIG
PwrShWaterRscs PHO
PrincipalHlthInnov BTEC
PrincplMillennials GENY
PrincipalPriceSet PSET
PrincipalShrhldrYd PY
PrincipalUSSCIndex PSC
ProShEquRising EQRR
ProShrUltNdBTh
BIB
ProShUltNasdBio UBIO
ProShUltPrQQQ TQQQ
ProShUltShNasdBio ZBIO
ProShUltraProShQQQ SQQQ
ProShUltShNdBtech BIS
ROBOGlblRobotics ROBO
SPDRDorseyWrightFx DWFI
ValideaMktLeg
VALX
VanEckBiotech
BBH
VanEckGenDrugs GNRX
VanEckPharm
PPH
VangdEM GovBd VWOB
VangdGlblxUS RE VNQI
VangdIntrCorpBd VCIT
VangdIntrmGovBd VGIT
VangdIntlDivApp
VIGI
VangdIntlHiDiv
VYMI
VangdLTCorpBd VCLT
VangdLTGovBd VGLT
VangdMBS
VMBS
VangdRuss1000 VONE
VangdRuss1000Grw VONG
VangdRuss1000Val VONV
VangdRuss3000 VTHR
VangdRuss2000 VTWO
VangdRuss2000Grw VTWG
VangdRuss2000Val VTWV
VangdSTCpBd
VCSH
VangdSTGovBd VGSH
VangdShtTmInfltn VTIP
VangdTotIntlBd BNDX
VangdTotIntlStk VXUS
VS2xVIXMedTerm TVIZ
VS2xVIXShortTerm TVIX
VSInverseVIXSTerm XIV
VSVIXShortTerm VIIX
VicShDevEnhVol
CIZ
VicShDivAccel
VSDA
VicShEMVolWtd
CEZ
VicShIntlHiDivVol CID
VicShIntlVolWtd
CIL
VicShUSDiscEnhVol CSF
VicShUSEQIncmEnh CDC
VicShUS500EnhVol CFO
VicShUS500Vol
CFA
VicShUSLCHiDivVol CDL
VicShUSMultMin VSMV
VicShUSSCHiDiv CSB
VicShUSSCVolWtd CSA
VidentCoreUSBdStr VBND
VidentCoreUSEquity VUSE
VidentIntlEquityFd VIDI
VS3XInvrsGold DGLD
WeatherStorm
FLAG
WisdTrBarUSAggBd AGZD
WisdTrBarNegUSBd AGND
WisdTrChinaxSOE CXSE
WisdTrEMConGrwth EMCG
WisdTrEM CpBd EMCB
WisdTrEMQualDivGrw DGRE
WisdTrGermanyHdg DXGE
WisdTrIntRtHYBd HYZD
3.5
3.4
...
...
2.5
.6
1.0
1.1
...
.6
3.5
1.0
.7
...
.1
4.4
.9
2.7
2.1
.8
1.1
.8
1.3
1.0
...
1.7
.2
1.6
1.0
.9
.2
.8
1.0
3.5
.3
3.8
1.7
8.5
7.2
1.4
1.5
1.8
...
...
2.1
.9
1.5
1.0
2.0
...
2.1
...
.4
.1
.7
.9
2.2
.3
...
1.1
.4
.9
1.0
...
...
...
...
...
...
...
.1
2.9
.8
...
...
2.1
5.0
1.2
3.2
1.7
.9
2.9
4.1
2.6
2.2
1.9
1.3
2.6
1.9
1.3
.7
1.8
2.3
1.1
...
1.1
2.2
...
...
...
...
4.9
2.3
5.1
8.9
5.0
1.8
6.0
2.5
2.5
6.0
3.5
5.5
1.6
.4
.3
.5
...
2.6
2.4
2.2
.7
2.4
4.1
4.5
3.4
5.2
Div
Last Chg. Amt.
29.42
30.27
25.89
27.06
25.33
27.67
30.23
55.60
16.85
27.06
18.98
29.70
48.61
98.17
47.42
27.50
27.09
27.89
24.62
65.54
46.87
61.57
35.69
32.96
67.69
58.02
50.59
28.79
125.35
26.26
19.54
24.90
43.25
17.15
34.68
16.15
51.20
24.06
37.50
58.00
55.03
25.01
21.34
110.09
32.68
145.45
29.56
56.37
72.06
14.84
53.58
92.83
60.90
79.04
49.68
53.63
25.22
28.50
30.60
31.54
30.13
30.37
30.20
42.22
61.25
38.67
114.25
10.40
26.81
20.58
38.68
25.74
28.25
134.13
22.10
57.76
81.15
59.41
88.01
64.66
63.90
65.69
94.17
76.89
52.78
115.42
128.29
103.62
115.73
118.92
129.89
107.72
80.13
60.73
49.45
54.59
54.73
12.77
11.33
97.54
16.54
34.05
26.23
28.70
35.70
39.24
43.57
44.39
45.60
45.65
43.26
25.33
42.47
44.63
49.85
31.26
27.11
46.17
39.55
47.99
43.24
78.80
25.21
73.06
25.60
31.54
24.13
–0.10
–0.21
+1.00
+0.87
–0.54
–0.83
–0.31
+0.57
...
+0.01
–0.53
+0.12
+0.12
+1.81
+1.78
+0.21
+0.51
–0.22
+0.07
+0.37
+0.05
+1.04
+1.07
+0.65
+2.25
+0.49
+0.83
+0.06
+3.30
–0.30
–0.30
+0.34
–0.75
+0.18
–0.04
+0.06
+1.25
+0.59
+0.86
+0.62
+2.43
+0.02
–0.02
–1.03
–0.22
+1.13
+0.22
+2.34
+1.14
+0.81
+1.94
+3.24
+2.40
+1.83
+1.58
+0.43
+0.05
...
+0.22
+0.09
+0.25
+0.45
+2.01
–0.72
+1.35
+1.15
+2.37
–0.35
–0.65
–0.49
+0.24
–0.07
+0.50
+0.56
–0.29
+0.03
+0.10
–0.79
+0.02
–0.17
–0.23
–0.02
+0.15
–0.84
–0.10
+0.29
+0.44
+0.07
+0.54
+3.03
+3.23
+2.64
+0.06
...
–0.05
–0.01
–0.11
–0.52
–1.21
+4.71
–0.87
+0.03
+0.27
–0.45
–0.04
–0.03
+1.43
+0.22
+0.43
+0.41
+0.27
+0.01
+1.28
+1.43
–0.14
+0.63
–0.18
+1.75
+0.54
–0.10
–0.03
–1.10
–0.35
–0.05
–0.66
+0.19
–0.01
.2567
.2588
...
...
.1586
.0387
.0768
.148
1.1242
.041
.1649
.0765
.0867
...
.0138
.1015
.0643
.1889
.1319
.1272
.1347
.1191
.1138
.0847
...
.253
.0214
.1118
.3209
.0614
.0103
.0498
.1081
.0495
.0237
.1536
.2185
.1706
.2235
.2005
.2096
.0378
.345
...
.0561
.3194
.112
.147
.3547
.0192
.2755
.0195
.0661
.0139
.082
.117
.047
.0206
...
.0836
.0314
.0692
.0787
.1407
...
...
...
...
...
...
.0549
.0632
.2232
.327
.097
.304
.335
.176
.2347
.09
.143
.479
.321
.165
.0975
.555
.408
.675
.557
.389
.231
.476
.151
.055
.374
.049
.298
...
...
...
...
.1394
.0497
.1229
.2652
.1639
.0646
.2216
.0938
.0941
.2148
.0742
.195
.0601
.0474
.0223
.0315
...
.2552
.0975
.0775
.14
.15
.25
.285
.27
.105
Name
Tick
Sym Yld
WisdTrJapanHdgSC DXJS
WisdTrMEDiv
GULF
WisdTrNegHYBd HYND
WisdTrUSQltyDiv DGRW
WisdTrUSSCQltyDiv DGRS
WisdTrUK Hdg
DXPS
.0
.3
5.1
3.1
3.7
7.6
Div
Last Chg. Amt.
42.71
17.42
20.63
38.16
34.50
23.85
+1.19
–0.23
+0.07
+0.20
+0.96
–0.18
.0012
.015
.0875
.10
.105
.455
NYSE
GuggCreditAlloc GGM 9.4 23.19 +0.34 .1813
NuvShrtDurCrOppFd JSD 7.3 17.38 +0.12 .106
NYSE ARCA
ALPS CohenStrs
GRI 3.0
ALPSEmgDivDogs EDOG 3.9
ALPS EqSecWgh EQL 2.1
ALPSIntlDivDogs IDOG 2.1
ALPSMedBreak SBIO ...
ALPSSectorDivDogs SDOG 3.3
ARKGenomicRev ARKG ...
ARKIndlInnovation ARKQ ...
ARKInnovationETF ARKK ...
ARKWebx.0ETF ARKW ...
AdvShCornerSC SCAP ...
AdvShDorseyADR AADR 2.2
AdvShFocusedEqu CWS ...
AdvShGartmGoldEuro GEUR 7.2
AdvShGartmGoldYen GYEN 7.7
AdvShKIMKorea KOR ...
AdvShNewTech
FNG ...
AdvShNewfleet
MINC 2.5
AdvShPacAsEnFR FLRT 2.7
AdvShPeritusHY HYLD 7.8
AdvShRangerEqBear HDGE ...
AdvShStrGlbBW VEGA .7
AdvShSageCore HOLD 1.4
AdvShWilshireBuybk TTFS 1.1
AlerianEnergyInfr ENFR 4.2
AlerianMLPETF AMLP 7.7
AlphaCloneAltAlpha ALFA ...
ArrowDJGlobalYd GYLD 5.8
ArrowQVMEquityFact QVM 1.7
iPathS&P500VIXST VXX ...
PathS&P500VIXMT VXZ ...
BarclyiPathBCrude OILB ...
BarcETNFIEnhEur50 FEEU ...
BarclaysETN FI Enh FLEU ...
BarcETN+FIEnhGlHY FIGY ...
S&PVEQTOR
VQT ...
BarclaysETN+Select ATMP 5.7
BarclaysETNShiller CAPE ...
BarclaysWILETN
WIL ...
Barrons400ETF BFOR .7
BluStrTABIGIIsrael ITEQ ...
BrandValueETF BVAL ...
BuzzUSSentLdrs BUZ ...
CSOPChinaCSI300AH HAHA ...
CSOPFTSEChinaA50 AFTY .9
CTrksETNsMillerHwd MLPC 5.8
CambriaCoreEqu CCOR 1.4
CambriaGlbMomentum GMOM 1.8
CambriaGlbValue GVAL 1.6
CambriaShareholder SYLD 1.9
ClaymoreIdxLnk
GCE 6.3
ClearSharesOCIO OCIO ...
ColumbiaBeyBRICs BBRC 2.2
ColumbiaEMCoreXCh XCEM 1.0
ColumbiaEMQualDiv HILO 2.5
ColumbiaEMConsumer ECON .6
ColumbiaIndiaCnsmr INCO .1
ColumbiaIndiaInfr INXX 2.2
ColumbiaIndiaSC SCIN .7
ColumbiaSustGlb ESGW 3.4
ColumbiaSustIntl ESGN 5.4
ColumbiaSustUSEqu ESGS 2.2
CnsmrDiscSelSector XLY 1.4
CnsStapleSelSector XLP 2.6
CSAxela3xLgBrent UBRT ...
CS FI LC Grwth
FLGE ...
CSX2xAlerianMLPETN AMJL 27.2
CSX Mthly2xLvMtg REML 3.0
CSX MultiAsstHi MLTI 3.3
CSX WTICrude
OIIL ...
CurrShAUD
FXA .8
CurrShGBP
FXB ...
CurrShCAD
FXC ...
CurrShCNY
FXCH ...
CurrShEuro
FXE ...
CurrShJPY
FXY ...
CurrShSGD
FXSG ...
CurrShSEK
FXS ...
CurrShCHF
FXF ...
Cushing30ETN
PPLN ...
DBAgricDoubleLgETN DAG ...
DBAgricLongETN AGF ...
DBBaseMtlsDoubleLg BDD ...
DBCommodityDblLong DYY ...
DBCommodityShrtETN DDP ...
DBCrudeOilDblShrt DTO ...
DBCrudeOilLongETN OLO ...
DBGoldDoubleLgETN DGP ...
DBGoldDoubleShrt DZZ ...
DBGoldShortETN DGZ ...
DeepValueETF
DVP 1.4
DeltaShS&P500Mgd DMRL ...
DeltaShS&P400Mgd DMRM ...
DeutXCSI300ChinaA ASHX 13.1
DeutschexFTSEDev DEEF 3.9
DeutscheXFTSEEmCmp DEMG 6.4
DeutscheXHarCSI300 ASHR .6
DeutscheXCSI500ChA ASHS ...
DeutscheXNikkei400 JPN 1.8
DeutscheXACAPxJ DBAP 1.5
DeutscheXAllChina CN 8.4
DeutscheXMSCIAWxUS DBAW 2.4
DeutscheXAllxUSHiD HDAW 5.2
DeutscheXMSCIBrazl DBBR 2.1
DeutscheXMSCIEAFE DBEF 3.6
DeutscheXEAFEHiDiv HDEF 3.5
DeutscheXMSCIEMHdg DBEM .3
DeutscheXMSCIEur DBEU 2.7
DeutschextrMSCIEur DBEZ 3.3
DeutscheXMSCIGerm DBGR 2.5
DeutscheXMSCIJapan DBJP 4.4
44.24
24.69
66.02
27.87
31.18
44.07
26.24
31.83
34.29
40.66
34.13
55.60
28.87
11.59
11.60
29.14
21.21
48.72
49.31
36.03
8.41
29.93
99.35
67.88
23.38
11.22
41.55
18.29
26.26
39.19
20.81
50.99
129.22
154.90
161.56
150.13
21.37
109.64
63.80
39.69
31.53
15.05
30.10
31.62
16.81
15.94
25.34
26.52
25.23
35.51
16.70
25.80
17.85
28.08
14.83
27.54
42.50
14.14
19.38
30.04
29.95
30.08
90.08
53.98
110.37
197.12
21.11
32.45
28.90
30.66
78.43
130.34
79.07
74.06
114.10
85.37
72.62
117.01
97.71
20.43
3.02
10.40
8.72
2.54
49.50
119.42
4.42
25.12
5.54
13.90
29.52
50.48
50.42
21.54
28.62
28.00
29.19
36.44
27.22
27.50
35.60
27.12
26.03
11.83
31.03
24.65
23.34
28.34
30.54
28.01
40.53
–0.05
–0.02
+0.31
–0.03
+0.44
+0.33
+0.47
+0.48
+0.39
+0.06
+1.05
+0.08
+0.29
–0.01
–0.05
–0.30
–0.21
–0.06
+0.05
–0.07
–0.14
+0.24
–0.26
+1.05
+0.34
+0.11
+0.44
–0.07
+0.40
–2.06
–0.41
+0.84
+0.88
+0.93
–0.57
+0.31
+0.21
+0.54
+0.48
+0.94
+0.36
+0.21
–0.08
–0.45
–0.21
+0.03
–0.07
...
–0.41
+0.39
–0.30
+0.04
–0.45
–0.14
–0.42
–0.46
–0.62
–0.15
–0.58
+0.10
+0.14
+0.26
+0.54
+0.06
+9.21
+2.78
+1.08
+0.68
+0.14
+0.50
–1.24
–1.20
–0.89
–0.90
–1.23
–0.38
–0.58
–3.24
+0.19
+0.32
–0.06
+0.20
–0.27
–0.01
–5.25
–4.80
+0.11
–1.68
+0.12
+0.22
+0.26
–1.28
+1.63
–0.28
+0.15
–0.54
–0.34
–0.07
+0.15
–0.37
–0.40
+0.17
+0.16
–0.34
+0.29
+0.22
–0.20
+0.33
+0.40
+0.46
+0.39
.3314
.2399
.3542
.1477
...
.3675
...
...
...
...
.0301
.3034
.0088
.032
.8912
.1147
...
.1034
.1114
.2329
...
.2243
.1187
.7253
.2427
.215
...
.0884
.1084
...
...
...
...
...
...
...
.3022
...
...
.2736
.0919
...
.175
.4779
.1543
.2301
.0906
.1204
.0997
.1703
.2633
...
.3962
.2811
.0944
.164
.0303
.3174
.1288
.253
.4038
.1668
.3179
.346
...
...
.4783
.0811
.0784
...
.0541
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.1001
.121
.0845
2.8168
.2762
.4478
.1714
...
.2501
.2002
2.9889
.3234
.3416
.1239
.5656
.2155
.032
.3808
.5108
.3479
.8871
Name
Tick
Sym Yld
DeutscheXMSCMexico DBMX ...
DeutscheXMSCSKorea DBKO ...
DeutscheXMSCIUK DBUK 1.4
DeutscheXMuniRev RVNU 2.6
DeutschexRuss1000 DEUS 1.4
DeutscheXRuss2000 DESC 1.1
DeutscheXUSDHiYd HYLB 5.9
DiamondHillVal DHVW 3.8
DirexAllCapIns KNOW .6
DirexAuspiceBroad COM ...
DirexAeroBl3
DFEN ...
DirexBrazilBull3X BRZU ...
DirexCSIChinaInt CWEB ...
DirexCSI300CnA CHAD ...
DirexCSI300CnABl2 CHAU ...
DirexDevMktBear3 DPK ...
DirexDevMktBl3
DZK ...
DirexESTOXX50Bl3x EUXL ...
DirexEM Bear3
EDZ ...
DirexEMBdBull3X EMBU ...
DirexEM Bull3
EDC ...
DirexEnergyBr3
ERY ...
DirexEnergyBl3
ERX .9
DirexEuroFinBll2 EUFL ...
DirexChinaBr3
YANG ...
DirexChinaBl3
YINN ...
DirexFTSEEurBull3x EURL ...
DirexFinlBear3
FAZ ...
DirexFinlBull3
FAS ...
DirexGoldMinBr3 DUST ...
DirexGoldMinBl3 NUGT ...
DirexHlthcrBull3 CURE ...
DirexHY Bear2
HYDD ...
DirexHmbldrBull3 NAIL ...
DirexIndlsBl3
DUSL ...
DirexJapanBl3
JPNL ...
DirexJrGoldMinBr3 JDST ...
DirexJrGoldMinBl3 JNUG ...
DirexLatinAmBl3
LBJ ...
DirexIndiaBull3
INDL ...
DirexMexicoBl3 MEXX ...
DirexMcBear3
MIDZ ...
DirexMcBull3
MIDU ...
DirexNatGasBr3 GASX ...
DirexNatGasBl3 GASL ...
DirexRealEstBr3 DRV ...
DirexRealEstBl3
DRN ...
DirexRgBanksBear3X WDRW ...
DirexRgBanksBull3X DPST ...
DirexRetailBull3 RETL ...
DirexRussiaBr3 RUSS ...
DirexRussiaBl3 RUSL ...
DirexS&P500Br3 SPXS ...
DirexS&P500Bl3 SPXL ...
DirexS&P500Bull2X SPUU .7
DirexS&PBiotechBr3 LABD ...
DirexS&PBiotechBl3 LABU ...
DirexS&P500Br1 SPDN .5
DirexS&P500Bl1.25 LLSP 1.7
DirexS&POil&GasBr3 DRIP ...
DirexS&POil&GasBl3 GUSH ...
DirexSemiBear3 SOXS ...
DirexSemiBl3
SOXL ...
Direx7-10TreaBr3 TYO ...
Direx7-10TreaBull TYD ...
DirexSilverMinBl2 SHNY ...
DirexScBear3
TZA ...
DirexSCBull2
SMLL ...
DirexScBl1.25
LLSC 1.4
DirexSCBull3
TNA ...
DirexKRBull3
KORU ...
DirexTechBear3 TECS ...
DirexTechBull3
TECL ...
DirexTransportBl3 TPOR ...
Direx20+TreaBr1 TYBS ...
Direx20+TreaBr3 TMV ...
Direx20+YrTrBull TMF .4
Direx iBillionaire
IBLN .4
DirexNasd100EW QQQE .6
DirexZacksMLPHiIn ZMLP 9.6
EmgMktInternetEcom EMQQ .5
ETF Exposure
TETF ...
ETFMG DroneEcon IFLY .4
ETFMG PrimeCyber HACK ...
ETFMG PrimeJrSilver SILJ ...
ETFMG PrimeMob IPAY ...
ETFMG VideoGame GAMR .5
ETFSBloomAllCmdty BCD ...
ETFSBloomAllCmdty BCI ...
ETFSBloombergEngy BEF ...
ETFSPhyPrecMtllBsk GLTR ...
AlphaCloneIntl
ALFI .7
ETRACS Alerian MLP AMU 6.9
ETRACSAlernMLPInfr MLPB 6.3
ETRACSMthPay2xLev CEFL 13.7
ETRACSMthPay2xLev DVHL 13.6
DJ 2xSelect Div
DVYL 9.8
ETRACSMortgageREIT MORL 3.2
S&P2xDivAristoETN SDYL 6.4
ETRACS2xLevUSHiDiv HDLV 11.6
ETRACS2xLevxEn LMLP 32.0
ETRACS2xLevUSREIT LRET 6.2
ETRACSMthPay2xLev MRRL 3.2
ETRACSMthlyPay2x SMHD 14.5
ETRACSMnthly2xLev SPLX ...
ETRACSS&PGSCICrude OILX ...
ETRACS2xMLvAlerian MLPQ 15.4
ETRACS2xMLevS&PMLP MLPZ 15.1
ETRACSWFBusDev BDCZ 8.9
E-TRACS Agri
UAG ...
E-TRACS Engy
UBN ...
E-TRACS CMCI
UCI ...
E-TRACS Food
FUD ...
E-TRACS Lvstk
UBC ...
ETracsLngPlat
PTM ...
EcoLogicalStrat HECO .9
ElemntsDJSelct
DOD ...
ElemntsRogrMrngstr WMW ...
ElemntsRogrAgri
RJA ...
ElemntsRogrEngy RJN ...
ElemntsRogrMtls
RJZ ...
ElemntsRogrTr
RJI ...
ElemntsBiofuels
FUE ...
ElemntsGrain
GRU ...
EnSelectSectorSPDR XLE 5.1
ETFS GoldTr
SGOL ...
ETFS PlldmShr
PALL ...
Div
Last Chg. Amt.
20.91
30.09
21.67
26.78
30.20
33.59
51.28
29.90
41.52
23.46
38.65
46.00
50.02
33.70
26.02
13.81
75.84
29.84
11.20
25.83
105.73
10.89
29.99
49.88
7.54
29.11
36.69
14.58
55.97
25.86
31.84
45.49
18.66
56.10
30.26
62.31
56.39
17.93
35.24
77.88
27.85
16.17
40.34
29.00
23.14
10.91
22.47
36.00
66.51
29.25
23.10
52.49
36.32
38.23
44.15
4.60
85.47
32.63
33.39
16.96
24.32
21.12
115.26
13.90
44.66
9.96
13.65
47.98
34.43
64.90
48.03
8.93
89.58
31.16
20.45
19.13
20.87
30.53
41.40
16.59
36.35
17.44
36.18
30.10
11.86
32.67
44.42
24.80
24.68
24.75
63.30
24.50
17.76
25.16
18.72
21.26
66.33
18.75
74.92
32.76
16.02
26.40
18.63
20.71
47.16
30.53
41.43
45.36
21.58
18.18
6.55
14.26
18.09
18.95
10.25
41.74
20.71
28.17
6.07
2.47
8.48
5.10
7.45
3.58
68.48
124.00
89.65
–0.01
+0.12
+0.34
–0.02
+0.30
+1.07
+0.15
+0.22
+1.04
–0.29
+0.49
–3.74
–2.60
+0.41
–0.60
+0.08
+0.43
+0.23
+0.42
+0.08
–4.37
–0.66
+1.62
+0.68
+0.23
–1.19
+0.30
–0.51
+1.90
+1.45
–1.94
+0.26
–0.07
+7.30
+0.20
+1.23
+2.86
–1.14
–2.63
–5.36
–2.74
–0.89
+1.91
–2.80
+1.74
–0.24
+0.42
–5.21
+7.88
+1.99
–1.55
+3.14
–0.77
+0.72
+0.66
–0.47
+7.64
–0.22
+0.26
–1.79
+2.14
–1.38
+5.97
+0.15
–0.50
–0.14
–1.26
+2.62
+0.99
+5.30
–0.38
–0.27
+2.32
+2.27
+0.27
+0.62
–0.77
+0.17
+0.30
+0.32
–0.77
+0.43
+0.13
–0.17
–0.31
+0.03
+0.30
–0.26
–0.14
+0.25
–0.85
–0.12
+0.21
+0.14
+0.20
+0.23
+0.81
+0.39
+0.13
+0.86
+0.17
+0.27
+0.18
+0.97
–0.27
+1.17
+1.38
+1.09
+0.17
+0.18
–0.45
–0.08
–0.20
+0.92
+0.45
–0.03
–0.12
+0.27
–0.03
+0.02
–0.05
+0.01
–0.54
+0.07
+1.28
–1.69
+1.61
.0537
.0469
.1548
.0572
.1089
.096
.2514
.2835
.0591
...
...
...
...
...
...
...
...
...
...
...
...
...
.064
2.7892
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.6125
...
...
...
...
...
.103
.9513
...
...
...
...
.0791
...
...
.038
.1416
...
3.3106
...
2.7644
...
2.8423
...
...
...
.1177
...
...
...
...
...
...
...
.0184
.0279
.0598
.40
.1714
...
.04
.1343
.063
.0154
.06
...
...
...
...
.1682
.3056
.3948
.213
.241
.539
.0496
.3985
.3157
.4277
.1364
.0496
.2502
...
...
1.5915
1.7108
.4826
...
...
...
...
...
...
3.3075
...
...
...
...
...
...
...
...
.8654
...
...
Name
Tick
Sym Yld
ETFS PltnmShr
PPLT ...
ETFS SilvTr
SIVR ...
EthoClimateLeader ETHO .7
FIEnhancedEur50ETN FIEU ...
FIEnhEurope50ETN FIEE ...
FIEnhancedGlbHiYd FIEG ...
FidelityCoreDiv
FDVV 3.8
FidelityCorpBd
FCOR 2.8
FidelityDivRising FDRR 2.9
FidelityLtdTermBd FLTB 1.7
FidelityLowVol
FDLO 1.8
FidelityMSCICnDisc FDIS 1.3
FidelityMSCICnStpl FSTA 2.6
FidelityMSCIEn FENY 4.6
FidelityMSCIFinls FNCL 1.9
FidelityMSCIHlthCr FHLC 1.3
FidelityMSCIIndls FIDU 2.2
FidelityMSCIIT
FTEC 1.1
FidelityMSCIMatls FMAT 1.5
FidelityRealEst
FREL 3.5
FidelityMSCITelSvs FCOM 4.2
FidelityMSCIUtils FUTY 3.0
FidelityMomFactor FDMO 1.3
FidelityQualFactor FQAL 2.0
FidelityTotalBdETF FBND 2.3
FidelityValFactor FVAL 1.9
FinSelSectorSPDR XLF 1.6
FT AustrAlpha
FAUS 5.4
FT ConsDscAlpDx FXD 1.0
FT ConsStaples
FXG 1.1
FT DJ GlbSelDiv
FGD 3.0
FT DJ Internet
FDN ...
FT Dow30EW
EDOW ...
FT EnergyAlpDx
FXN 1.4
EqCompassRiskMgr ERM 1.0
EqCompassTactical TERM .9
FT DJ SelMicro
FDM .7
FT FTSE DevRE
FFR 1.9
FT FinlsAlpDx
FXO 1.1
FT GlbEngg
FLM .6
FT GlbWindEner
FAN 1.7
FT HlthCareAlpha FXH ...
FTHeitmanPrmRlEst PRME 1.3
FTHorizonMgdVolDev HDMV 5.7
FTHorizonMgdVolDom HUSV 1.2
FT Chindia
FNI 1.4
FT IndlsAlpDx
FXR .7
First Tr Instl Pfd
FPEI ...
FT Long/Short
FTLS .5
FT MatAlpDX
FXZ .9
FT MngstrDiv
FDL 2.9
FT MornMgdFut
FMF ...
FT NaturalGas
FCG .3
FT NA Energy Infra EMLP 3.4
FT NYSE ArcaBiotch FBT ...
FT PfdSecs
FPE 6.2
FTSTOXXEurSel Div FDD 1.3
FT S&P REIT
FRI 2.1
FT TechAlphaDEX FXL .3
FT USEquityOpp
FPX .7
FT UtilAlpha
FXU 2.5
FT ValDivFd
FVD 1.8
FT ValueLine100
FVL .5
FT Water
FIW .5
FlexShSelBdFd BNDC 2.6
FlexShCurrHdDM TLDH 1.5
FlexShCurrHdgEM TLEH 4.8
FlexGlbQualRealEst GQRE 2.7
FlexGlbUpstmNatRsc GUNR 2.8
FlexShiBoxx5YTIPS TDTF 1.1
FlexiBx3YDurTIPS TDTT .7
FlexShIntQualDiv IQDE 3.6
FlexShIntQuDivDyn IQDY 3.3
FlexShIntlQualDiv IQDF 3.7
FlexShMDevMktxUS TLTD 1.5
FlexShEM FactTilt TLTE 4.9
FlexMrnUSMktFtrTlt TILT 1.6
FlexShQualDivDef QDEF 3.0
FlexShQualDivDyn QDYN 2.9
FlexShQualityDiv QDF 2.8
FlexShReadyAcc RAVI 1.4
FlexShSTOXXGlb NFRA 2.9
FrankIntMunOpp FLMI ...
FrankIntlOpps
FLIO ...
FrankInvGradeCp FLCO 3.1
FrankShtDurUSGovt FTSD 1.9
FrankUSLowVol FLLV 2.4
FranklinLibEM
FLQE 1.8
FranklinLibQGlbDiv FLQD 6.3
FranklinGlbEquity FLQG 2.2
FranklinIntlEquity FLQH 10.6
GS ConnS&PGSCI GSC ...
GlbXBrazilConsumer BRAQ 1.0
GlbX BrazilMC
BRAZ 1.1
GlbX ChinaConsumer CHIQ 1.0
GlbX ChinaEner CHIE 1.9
GlbX ChinaFinls CHIX 1.5
GlbX ChinaIndls
CHII 1.3
GlbX ChinaMatls CHIM .8
GlbXCopperMiners COPX .5
GlbX FTSEAndean40 AND .9
GlbXFTSENordReg GXF 3.0
GlbX FTSE SE Asia ASEA 2.3
GlbXFertilizersPot SOIL 2.8
GlbX GoldExplorers GOEX 35.1
GlbX GuruIndex GURU .2
GlbXGuruIntlIndex GURI 1.4
GlbX JPM US SecRot SCTO 2.2
GlblXJrMLPETF MLPJ 7.6
GlbXLithium&Batt
LIT 1.4
GlbX MLP&Energy MLPX 4.0
GlbX MLP
MLPA 7.7
GlbXMSCIArgentina ARGT .3
GlbXMSCIColombia GXG 1.3
GlbX MSCIGreece GREK 1.6
GlbXMSCINigeria NGE ...
GlbX MSCINorway NORW 2.4
GlbXMSCIPakistan PAK 3.6
GlbXMSCIPortugal PGAL 3.2
GlbXISuperDivEM SDEM 4.2
GlbXNextEmerging EMFM 2.1
GlbX Permanent PERM 1.2
GlbXSciBetaAsiaXJ SCIX 4.0
GlbXSciBetaEurope SCID 2.4
GlbXSciBetaJapan SCIJ 2.4
GlbXSciBetaUS
SCIU 1.2
GlbXSilverMiners
SIL 3.3
Div
Last Chg. Amt.
87.24
16.26
32.04
133.41
173.66
162.98
27.10
50.74
29.08
50.47
28.70
35.86
32.41
18.95
37.97
39.52
36.54
46.16
33.00
24.27
32.29
34.53
28.92
29.87
50.30
30.32
25.86
31.94
38.44
45.67
25.80
102.36
20.25
14.35
21.08
21.08
46.33
45.11
29.68
56.79
13.17
67.42
20.04
33.14
22.18
38.30
37.12
20.09
37.12
40.35
29.02
46.42
21.75
24.80
123.93
20.08
13.64
23.28
47.97
63.85
27.02
29.75
22.48
45.32
25.15
28.24
29.63
61.82
31.15
25.01
24.56
25.14
27.74
26.22
66.75
56.25
105.62
41.53
41.64
42.43
75.51
47.99
24.98
28.82
24.77
96.27
28.32
31.78
28.24
29.31
24.60
21.72
17.06
11.30
17.17
11.51
16.95
15.82
21.23
24.85
9.72
24.19
15.68
10.14
22.96
28.21
15.84
25.02
7.54
37.41
13.79
10.29
31.80
10.34
9.46
21.15
13.55
14.52
12.53
16.26
23.10
25.62
25.45
28.38
30.47
29.56
32.99
–1.79
–0.31
+0.45
+0.51
+2.05
–0.57
+0.12
–0.13
+0.14
–0.07
+0.19
+0.30
+0.09
+0.39
+0.68
+0.13
+0.21
+0.42
+0.18
+0.14
–0.04
–0.11
+0.22
+0.21
–0.07
+0.29
+0.43
–1.39
+0.57
+0.10
+0.15
+0.74
–0.02
+0.39
+0.18
+0.18
+1.57
+0.29
+0.46
+0.43
+0.07
+0.53
–0.09
+0.07
–0.01
–0.42
+0.28
+0.03
+0.37
+0.39
+0.11
...
+0.62
+0.14
+0.94
+0.04
+0.12
+0.15
+0.26
+0.34
–0.15
+0.18
+0.45
...
–0.09
+0.29
–0.24
+0.13
–0.06
–0.09
–0.03
–0.10
–0.01
–0.05
+0.11
–0.74
+1.26
+0.38
+0.36
+0.38
–0.05
–0.08
–0.05
–0.14
–0.02
–0.16
–0.02
–0.22
–0.04
–0.02
+0.16
+0.19
–1.33
–0.65
–0.05
+0.11
–0.37
–0.07
–0.45
–0.02
–0.11
–0.12
+0.03
–0.04
–0.17
+0.19
–0.03
–0.10
–0.20
+0.32
+0.19
+0.15
+0.07
–0.12
–0.35
+0.22
–0.07
–0.22
+0.06
–0.20
–0.17
–0.01
+0.16
+0.21
+0.14
+0.22
–0.50
...
...
.06
...
...
...
.256
.119
.214
.072
.131
.119
.211
.216
.177
.132
.204
.123
.123
.212
.337
.257
.095
.147
.095
.147
.1032
.4338
.0917
.1246
.1938
...
.0495
.0494
.0521
.05
.0756
.2107
.0836
.0796
.0554
...
.066
.4728
.0658
.1308
.0637
.07
.0479
.0867
.2125
...
.0139
.2096
...
.1043
.0454
.1218
.0314
.1163
.1693
.1324
.0275
.0597
.0545
.1024
.3589
.4229
.2205
.0225
.0152
.2252
.2279
.2426
.2442
.6847
.4273
.316
.30
.2959
.0867
.3475
...
.3063
.0638
.156
.1712
.2893
.446
.3247
1.2978
...
.1752
.1205
.1693
.2149
.2577
.1989
.162
.1195
.0874
.7183
.3562
.2884
8.0542
.0532
.228
.5434
.1425
.5242
.1395
.1985
.084
.1349
.152
...
.3222
.5195
.3994
.0575
.4816
.3126
1.0171
.6791
.7447
.3429
1.0729
Name
Tick
Sym Yld
GlblXSuperDividend SDIV 6.6
GlbXSuperDivUS
DIV 5.8
GlbXSuperIncPfd SPFF 7.0
GlbX Uranium
URA 7.0
GSAccessHYCorpBd GHYB ...
GSAccessIGCpBd GIGB 1.8
GSActiveBetaEM GEM 2.8
GSActiveBetaEurope GSEU 1.3
GSActiveBetaIntlEq GSIE 1.6
GSActiveBetaJapan GSJY .0
GSActiveBetaUSLC GSLC 2.0
GS Active US SC GSSC ...
GSHedgeIndVIP GVIP .8
GSTreasury0-1Y GBIL .9
GraniteBloomComm COMB ...
GraniteGold
BAR ...
GraniteS&P Comm COMG ...
GuggBull2017CpBd BSCH 1.2
GuggBRIC
EEB 1.1
GuggBull2017HY BSJH 1.9
GuggBull2018CpBd BSCI 1.5
GuggBull2018HY BSJI 3.5
GuggBull2019CpBd BSCJ 1.7
GuggBull2019HY BSJJ 4.3
GuggBull2020CpBd BSCK 1.9
GuggBull2020HY BSJK 4.6
GuggBull2021CpBd BSCL 2.2
GuggBull2021HY BSJL 4.8
GuggBull2022CpBd BSCM 2.4
GuggBull2022HY BSJM 5.5
GuggBull2023CpBd BSCN 2.6
GuggBull2024CpBd BSCO 2.9
GuggBull2025CpBd BSCP 2.7
GuggBS2025HYCpBd BSJP ...
GuggBull2024HY BSJO 5.1
GuggBS2027CorpBd BSCR ...
GuggBull2026CpBd BSCQ 3.0
GuggBull2023HY BSJN 5.5
GuggCdnEner
ENY 3.2
GuggChinaAllCap YAO 1.6
GuggChinaRE
TAO 1.4
GuggChinaSC
HAO 2.6
GuggChinaTech CQQQ 1.0
GuggDefEqty
DEF 1.9
GuggDJIA Div
DJD 2.3
GuggFronMkts
FRN 3.2
GuggS&P500EWCD RCD 1.6
GuggS&P500EWCnStp RHS 2.1
GuggS&P500EW RSP 1.7
GuggS&P500EWEner RYE 5.6
GuggS&P500EWFin RYF 1.4
GuggS&P500EWHlthcr RYH .6
GuggS&P500EWIndl RGI 1.6
GuggS&P500EWMat RTM 1.6
GuggS&P500EWTech RYT .9
GuggS&P500EWUtil RYU 3.1
GuggS&P500PureGr RPG .9
GuggS&P500PrVal RPV 2.0
GuggS&P400PrGrwth RFG .6
GuggS&P400PureVal RFV 1.4
GuggS&P600PrGrwth RZG .4
GuggS&P600PrVal RZV 1.2
GuggInsider
NFO 1.5
GuggIntlMltAst
HGI 3.4
GuggMSCIEMEq EWEM 2.6
GuggGlbTimber
CUT 1.7
GuggMC Core
CZA 1.6
GuggMltiAstIncm CVY 4.2
GuggMultiC
GMFL ...
GuggRayJamesSB1 RYJ 1.4
GuggS&P500EWRlEst EWRE 2.3
GuggS&P500Top50 XLG 2.1
GuggS&PGlbl
LVL 3.5
GuggS&PGlblWtr CGW 1.4
GuggS&PHiIncmInfr GHII 5.2
GuggS&PMC400EW EWMC 1.1
GuggS&P100EW OEW 1.6
GuggS&PSC600EW EWSC 1.0
GuggS&PSpinOff CSD 1.4
GuggShipping
SEA 4.2
GuggSolar
TAN 3.9
GuggTR Bond
GTO 1.3
GuggUltraShrtDur GSY 1.6
HartfordMultiDvxUS RODM 2.4
HartfordMultiEM ROAM 1.8
HartfordMultiGlbSC ROGS 1.5
HartfordMultiREIT RORE 1.9
HartfordMultiUSEqu ROUS 1.5
HartfordTRBd
HTRB ...
HealthCareSelSect XLV 1.5
HrznsS&P500CovCall HSPX 1.5
HullTacticalUS
HTUS ...
IQ AustraliaSC
KROO 1.6
IQ CanadaSC
CNDA 1.6
IQEnhCoreBdUS AGGE 2.5
IQEnhCorePlusBdUS AGGP 3.4
IQ50%HdgFTSEEur HFXE 1.5
IQ50%HdgFTSEIntl HFXI 2.1
IQGlbAgribusSC CROP 1.1
IQGlblOilSmCp
IOIL 3.3
IQGlobalResources GRES .4
IQHedgeEventDriven QED 2.2
IQHedgeL/STracker QLS .3
IQ HedMacrTrac MCRO ...
IQHedgeMktNeut QMN 1.4
IQ HedMultStra
QAI .0
IQLeadersGTAATrkr QGTA 2.8
IQMergerArbitrage MNA .2
IQRealReturn
CPI ...
IQS&PHYLowVolBd HYLV 3.9
IQ US RealEstSC ROOF 4.6
IndSelSectorSPDR XLI 1.8
InfraCapMLPETF AMZA 22.3
InfraCapREITPfd PFFR 12.8
InnovatorIBD50Fd FFTY ...
InspireCpBdImp
IBD 1.4
InspireGlblHope BLES 1.9
InspireS/MC Impact ISMD .8
iPathBloomAgriTR JJA ...
iPathBloomAlumTR JJU ...
iPathBloomCocoaTR NIB ...
iPathBloomCoffeeTR JO ...
iPathBloomCommTR DJP ...
iPathBloomCopperTR JJC ...
iPathBloomCottonTR BAL ...
iPathBloomEnergyTR JJE ...
iPathBloomGrainsTR JJG ...
Div
Last Chg. Amt.
22.02
25.51
12.68
13.30
50.13
50.18
33.46
31.31
29.01
31.31
49.92
42.15
51.07
100.15
25.10
128.21
25.54
22.62
36.66
25.72
21.19
25.33
21.25
24.71
21.51
24.96
21.36
25.27
21.41
25.40
21.10
20.97
20.78
25.07
26.00
20.00
19.77
26.90
8.72
33.63
29.67
29.48
57.17
44.12
31.62
14.68
93.04
122.57
95.54
55.06
41.28
175.23
112.30
103.90
135.03
86.17
100.02
61.52
144.29
64.69
110.05
70.15
59.13
16.97
33.27
30.10
62.88
21.70
25.15
41.42
27.21
177.96
10.96
34.42
28.80
61.34
30.86
52.55
50.70
11.85
21.65
52.55
50.37
28.37
24.53
30.36
15.57
28.72
40.04
81.73
49.41
27.54
17.69
18.35
19.73
20.08
19.93
20.78
34.58
10.79
26.99
21.19
21.18
26.15
25.56
29.88
23.70
30.81
27.43
25.47
27.08
71.00
9.33
26.30
31.63
25.23
27.37
26.23
31.16
18.52
24.86
16.61
23.26
33.54
45.21
5.75
25.90
+0.05
+0.19
...
–0.43
+0.18
+0.06
–0.52
+0.02
+0.04
+0.20
+0.44
+1.26
+0.17
+0.06
–0.11
–1.53
+0.24
...
–0.32
+0.02
+0.01
+0.04
...
+0.05
+0.02
+0.10
+0.01
+0.07
...
+0.04
+0.02
–0.02
+0.01
–0.04
+0.13
+0.01
...
+0.10
–0.10
–0.34
–0.73
–0.41
–1.09
+0.27
–0.35
–0.22
+1.43
+0.92
+0.99
+1.21
+0.83
+0.62
+1.07
+1.17
+1.06
–0.51
+1.01
+1.04
+1.87
+1.65
+3.61
+2.85
+0.53
–0.12
–0.52
–0.14
+0.59
+0.08
+0.27
+0.94
+0.09
+0.88
–0.05
–0.08
–0.28
+1.44
+0.04
+1.90
+0.66
–0.05
–0.54
–0.12
+0.03
+0.09
–0.19
+0.41
+0.11
+0.28
...
+0.15
+0.22
+0.13
–0.28
–0.11
+0.03
–0.02
+0.10
–0.01
–0.20
+0.54
–0.11
+0.10
–0.04
–0.02
+0.14
+0.03
+0.07
+0.11
–0.04
–0.04
+0.31
+0.25
+0.18
+0.05
+0.24
+0.09
+0.02
+0.64
–0.53
–0.31
+1.03
–0.92
–0.15
+0.05
+0.05
+0.18
–0.08
.1205
.1235
.0735
.9365
...
.0743
.2377
.1034
.1158
.003
.2476
.0948
.1069
.0768
...
...
...
.0229
.4111
.0408
.0257
.0738
.0308
.089
.0348
.0953
.0398
.1004
.0422
.1168
.0454
.0509
.0459
...
.1103
...
.0491
.1225
.0706
.5415
.4027
.7553
.5953
.8475
.1816
.4702
.3803
.6365
.41
.767
.1465
.2536
.4628
.4279
.2966
.6741
.2159
.3024
.2218
.2276
.1015
.2178
.9038
.146
.2121
.5152
1.0156
.2261
.4394
.5947
.1593
.9375
.0952
.4701
.3742
.1732
.122
.1268
.702
.125
.8349
.0582
.0663
.3461
.2191
.2293
.075
.1096
...
.3048
.0603
.2457
.2814
.2926
.0408
.0565
.0746
.1077
.3809
.361
.0967
.4573
.0584
...
.3478
.0005
.1651
.0613
...
.0822
.3086
.3159
.52
.2806
...
.0292
.127
.0548
...
...
...
...
...
...
...
...
...
October 2, 2017
BARRON’S
M27
Exchange-Traded Portfolios
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Name
Tick
Sym Yld
iPathBlmIndMetalTR JJM ...
iPathBlmLivestkTR COW ...
iPathBloomNatGasTR GAZ ...
iPathBloomNickelTR JJN ...
iPathBlmPlatinumTR PGM ...
iPathBloomSoftsTR JJS ...
iPathBloomSugarTR SGG ...
iPathBloomTinTR
JJT ...
iPathAIGCarbon GRN ...
iPathGEMSAsia8ETN AYT 2.0
iPathGSCI nts
GSP ...
iPathGBP USD Ex GBB ...
iPathShortTmFturs XXV ...
iPathJPY USD Ex JYN ...
iPath MSCI India
INP ...
iPathPBAluminum FOIL ...
iPathPBBroadCmod BCM ...
iPathPBCocoa
CHOC ...
iPathPBCoffee
CAFE ...
iPathPBCopper CUPM ...
iPathPBCrudeOil OLEM ...
iPathPBLivestock LSTK ...
iPathPBNickel
NINI ...
iPathS&P500DynVIX XVZ ...
iPathGSCrudeOil
OIL ...
iPathS&PMLPETN IMLP 6.7
iPathSeasNatGas DCNG ...
iPathBBloomNatGas GAZB ...
iShAAA-ARtdCorpBd QLTA 2.7
iShA/PDividend DVYA 6.6
iShAgencyBond
AGZ 1.6
iShCMBSETF
CMBS 2.5
iShGovt/CreditBond GBF 2.2
iSh10-20YTreasBd TLH 1.9
iSh0-5YTIPSBd
STIP 1.6
iShCalifMuniBd
CMF 2.0
iShCommOptimized CMDT ...
iShAggrAllocation AOA 3.0
iShConsAllocat
AOK 1.7
iShCoreDivGrowth DGRO 2.0
iShCore5-10YUSDBd IMTB 3.2
iShGrwthAllocation AOR 2.9
iShCoreHiDividend HDV 3.4
iShCoreMSCIEmgMk IEMG 1.3
iShCoreMSCIEurope IEUR 3.2
iShMSCIIntlDev
IDEV ...
iShCoreMSCIPacific IPAC 2.3
iShModAllocation AOM 2.7
iShCoreS&P500ETF IVV 2.0
iShCoreS&PMdCp IJH 1.4
iShCoreS&PSmCpETF IJR 1.2
iShS&PTotlUSStkMkt ITOT 1.8
iShCore10+YUSDBd ILTB 5.3
iShCoreUSAggBd AGG 2.5
iShCoreUS REIT USRT 3.6
iShCurrHdgIntlHY HHYX ...
iShCurrHdgNikk400 HJPX 1.2
iShCurHdgMSCIACWI HACW 2.1
iShCurHdgMSCIUS HAWX 2.7
iShCurrHdgMSCICda HEWC 1.5
iShCurHdgMSCIEAFE HSCZ 2.5
iShCurHdMSCIEurozn HEZU 2.9
iShCurHdgMSCIItaly g HEWI 3.6
iShCurrHdMSCIJapan HEWJ 1.3
iShCurHdgMSCIMex HEWW 2.6
iShCurrHdgMSCISK HEWY .5
iShCurHdgMSCISpain HEWP 2.0
iShCurHdgMSCISwitz HEWL 4.2
iShCurrHdgMSCIUK HEWU 4.7
iShUSBasicMaterial IYM 1.9
iShUSConsumerSvcs IYC 1.2
iShUSConsumerGoods IYK 1.6
iShUSFinlServices IYG 1.3
iShUSHealthcare
IYH 1.1
iShU.S.RealEstate IYR 3.4
iShU.S.Utilities
IDU 2.9
iShUS Energy
IYE 4.6
iShUS Finls
IYF 1.5
iShUSHealthcarePrv IHF .2
iShU.S.Insurance
IAK 1.8
iShUSOilEquip&Svcs IEZ 11.0
iShUSPharmaceuticl IHE 1.1
iShUSRegionalBanks IAT 1.7
iShU.S.Technology IYW .9
iShUSMedDevices IHI .5
iShEdgeMSCIIntlMom IMTM 2.3
iShEdgeMSCIIntQual IQLT 3.7
iShEdgeMSCIIntSize ISZE 4.4
iShEdgeMSCIIntVal IVLU 2.4
iShEdgeMSCIMinVlAs AXJV 1.4
iShEdgeMSCIMnVlEur EUMV 3.6
iShEdgeMSCIMinJapn JPMV 1.6
iShEdgeMSCIMultif ACWF 1.7
iShEdgeMSCIMultInt INTF 3.0
iShEdgeMSCIMlIntSC ISCF 1.7
iShEdgeMSCIMultUSA LRGF 1.8
iShEdgeMSCIUSASC SMLF .9
iShEdgeMSCIUSASize SIZE 2.3
iShEmgMktDividend DVYE 8.7
iShEuropeETF
IEV 3.5
iShResidentRealEst REZ 3.5
iShGlobal100
IOO 2.9
iShGlobalREITETF REET 3.5
iShGoldTr
IAU ...
iShiBoxx$InvGrCpBd LQD 3.2
iShiBondsDec2020Cp IBDL 2.2
iShiBondsDec2018Cp IBDH 1.5
iShiBondsDec2019Cp IBDK 1.9
iShiBondsDec2017Cp IBDJ 1.1
iShiBondsDec2025Cp IBDQ 3.3
iShiBondsDec2024Cp IBDP 3.2
iShiBondsDec2021Cp IBDM 2.5
iShiBdsDec2021Muni IBMJ 1.2
iShiBondsDec2027Cp IBDS ...
iShiBondsDec2026Cp IBDR 3.3
iShiBondsDec2023Cp IBDO 2.9
iShiBondsDec2022Cp IBDN 2.7
iShiBdsDec2022Muni IBMK 1.4
iShiBdsMar18CpxFin IBCC 1.1
iShiBdsMar20CpxFin IBCD 1.8
iShiBdsMar23CpxFin IBCE 2.7
iShiBondsMar2020Cp IBDC 2.1
iShiBondsMar2018Cp IBDB 1.4
iShiBondsMar2023Cp IBDD 2.9
iShiBdsSep2020Muni IBMI 1.1
iShiBdsSep2018Muni IBMG .8
iShiBdsSep2019Muni IBMH .9
iShiBoxx$HYCpBd HYG 5.0
Div
Last Chg. Amt.
27.62
22.84
.30
12.47
18.55
30.32
28.61
47.29
8.80
41.30
13.93
35.63
38.02
49.69
79.12
29.30
27.38
30.35
11.97
32.34
15.49
43.12
17.41
23.27
5.38
18.53
18.20
47.02
52.78
48.70
113.66
51.55
114.51
136.43
100.38
118.51
35.75
53.58
34.48
32.47
49.70
44.83
85.95
54.02
49.68
56.27
56.49
37.97
252.93
178.90
74.22
57.63
63.85
109.59
49.26
27.70
27.96
27.92
26.08
25.71
29.75
30.11
17.55
30.81
20.99
29.69
23.03
26.85
23.53
95.79
164.04
120.67
119.86
171.86
79.88
132.91
37.43
112.12
147.74
63.72
35.35
156.36
47.21
149.92
167.03
30.14
28.96
27.19
25.30
34.66
25.29
64.30
29.00
28.04
30.80
29.93
38.10
79.35
41.46
46.87
63.59
88.23
25.59
12.31
121.23
25.56
25.19
25.05
24.82
25.14
25.18
25.05
25.89
24.84
24.64
25.37
25.26
26.07
24.64
24.67
24.57
26.27
25.62
26.74
25.70
25.49
25.56
88.76
+0.11
+0.05
...
–0.15
–0.49
–1.65
–1.20
+0.36
+0.96
–0.06
+0.06
–0.50
–0.03
–0.92
–1.98
+0.30
–0.12
+1.06
–0.49
+0.27
+0.32
–0.28
–1.03
+0.04
+0.10
+0.36
–0.16
+0.07
–0.01
–0.99
–0.18
–0.08
–0.24
–0.93
–0.13
–0.34
–0.06
+0.22
+0.04
+0.03
–0.08
+0.13
–0.24
–0.69
+0.16
–0.12
+0.05
+0.03
+0.56
+2.10
+2.27
+0.21
–0.14
–0.18
+0.03
+0.05
+0.18
+0.04
+0.18
+0.49
+0.39
+0.39
+0.09
+0.29
–0.04
+0.31
+0.20
–0.02
+0.07
–0.30
+0.13
–0.07
+1.62
–0.11
–0.19
–1.43
+0.31
+1.07
+2.66
+0.37
+0.26
+0.56
+1.23
+1.50
–0.14
+0.08
–0.08
–0.22
–0.02
–0.44
–0.03
+0.40
+0.09
+0.15
+0.08
+0.16
+0.90
+0.02
–1.58
+0.09
–0.64
+0.33
–0.14
–0.16
+0.25
+0.01
...
+0.03
+0.01
–0.02
–0.03
+0.01
–0.08
–0.03
+0.05
+0.04
+0.02
–0.09
+0.01
–0.07
+0.01
–0.03
+0.01
+0.02
–0.08
+0.02
–0.04
+0.33
...
...
...
...
...
...
...
...
...
.0681
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.3084
...
...
.1187
.7997
.1537
.1085
.2119
.2113
.1327
.2022
...
.3966
.0475
.1649
.1307
.3202
.7317
.3609
.7912
.6775
.6389
.2545
1.2839
.6341
.2262
.2665
.2815
.2297
.4433
.0277
.1629
.2972
.3559
.1872
.3754
.4439
.3198
.2037
.2694
.0731
.2317
.5685
.5543
.4548
.4976
.4919
.4008
.4797
.6824
.9496
.4313
.407
.0724
.2806
.9763
.4495
.205
.3408
.1901
.3446
.5319
.5986
.307
.2348
.4614
.5131
.2433
.4202
.2627
.1351
.0811
.4552
.9023
.8243
.5544
1.2702
.2215
...
.3202
.0461
.0325
.0389
.0223
.0699
.0669
.0513
.0261
...
.0675
.062
.0574
.0304
.0236
.0377
.055
.0453
.0292
.064
.0231
.0169
.0202
.3703
Name
Tick
Sym Yld
iShIntRtHdgCorpBd LQDH
iShIntRtHdgHiYdBd HYGH
iShIRHdg10+
CLYH
iShJPM EM LC Bd LEMB
iShJPX-Nikkei400 JPXN
iShLatinAmerica40 ILF
iShACWILowCarbon CRBN
iShMSCIAllPeruCap EPU
iShMSCIAustralia EWA
iShMSCIAustriaCap EWO
iShMSCIBRICETF BKF
iShMSCIBelgiumCap EWK
iShMSCIBrazilCap EWZ
iShMSCICanadaETF EWC
iShMSCIChinaSC ECNS
iShMSCIColombia ICOL
iShMSCI EAFE
EFA
iShMSCIEmgMarkets EEM
iShMSCIEmgMktSC EEMS
iShMSCIFranceETF EWQ
iShMSCIFrontier100 FM
iShMSCIGermanyETF EWG
iShMSCIGlblAgriPrd VEGI
iShMSCIGloblEnProd FILL
iShMSCIHongKong EWH
iShMSCIIndonesia EIDO
iShMSCIIrelandCap EIRL
iShMSCIIsraelCap EIS
iShMSCIItalyCapped EWI
iShMSCIJapanETF EWJ
iShMSCIJapanSC SCJ
iShMSCIKLD400Soc DSI
iShMSCIKokusaiETF TOK
iShMSCIMalaysiaETF EWM
iShMSCIMexicoCap EWW
iShMSCINetherlands EWN
iShMSCIPacificxJp EPP
iShMSCIPhilippines EPHE
iShMSCIPolandCap EPOL
iShMSCIRussiaCpd ERUS
iShMSCISaudiArabia KSA
iShMSCISingapore EWS
iShMSCISouthAfrica EZA
iShMSCISouthKorea EWY
iShMSCISpainCapped EWP
iShMSCISwedenETF EWD
iShMSCISwitzerland EWL
iShMSCITaiwanCap EWT
iShMSCIThailandCap THD
iShMSCIUSAESGSelct SUSA
iShMSCIUSAEqWeight EUSA
iShMSCIUK
EWU
iShMSCIWorldETF URTH
iShMorningstarLC JKD
iShMornLCGrowth JKE
iShMornLCValue
JKF
iShMorningstarMC JKG
iShMornMCGrowth JKH
iShMorningstarSC JKJ
iShMornSCGrowth JKK
iShMornSCValue
JKL
iShNatlMuniBdETF MUB
iShNewYorkMuniBd NYF
iShRussell1000Gwth IWF
iShRussell1000ETF IWB
iShRussell1000Val IWD
iShRussell2000Gwth IWO
iShRussell2000ETF IWM
iShRussell2000Val IWN
iShRussell3000ETF IWV
iShMicro-CapETF IWC
iShRussellMid-Cap IWR
iShRussellMCValue IWS
iShRussellTop200Gr IWY
iShRussellTop200 IWL
iShRussellTop200Vl IWX
iShS&P100
OEF
iShS&PMC400Growth IJK
iShS&P500Growth IVW
iShGlobalEnergyETF IXC
iShGlobalHealthcr IXJ
iShGlobalTechETF IXN
iShGlobalTelecom IXP
iShGloblFinancials IXG
iShS&P500ValueETF IVE
iShIntlDevProperty WPS
iShGlobalConsDiscr RXI
iShGlobalUtilities
JXI
iShGlobalMaterials MXI
iShGloblIndustrial
EXI
iShrsSP GSCI Cmdty GSG
iShS&PMC400Value IJJ
iShS&PSC600Value IJS
iShGlblConStaples KXI
iShNATech-Mult
IGN
iShNorthAmerTech IGM
iShShortNatlMuniBd SUB
iShSilver
SLV
iShTIPSBondETF
TIP
iSh10+YCreditBond CLY
iShTreaFRBd
TFLO
iShDowJonesUS
IYY
iShChinaLC
FXI
iShRussellMCGrowth IWP
iShUSBrokerDealers IAI
iShYdOptimizedBd BYLD
iSh0-5YHYCorpBd SHYG
JPM AlerianMLP
AMJ
JanusHenShrtDur VNLA
JanusVelTailLC TRSK
JanusVelVolLC SPXH
HancockConsDisc JHMC
HancockConsStpl JHMS
HancockDevIntl JHMD
HancockEnergy JHME
HancockMultFinls JHMF
HancockHealthcare JHMH
HancockIndustrials JHMI
HancockLC
JHML
HancockMatls
JHMA
HancockMC
JHMM
HancockTech
JHMT
HancockUtils
JHMU
JPM DivAlt
JPHF
JPM DivRetEM
JPEM
JPMDivRetEurCur JPEH
JPMDivReturnEurope JPEU
2.2
4.8
2.7
...
1.2
1.8
2.1
3.1
4.2
2.7
.7
3.3
1.3
1.5
2.7
1.4
3.1
.9
1.3
3.2
1.8
3.7
1.9
3.0
3.2
2.5
1.5
1.4
3.2
1.3
1.6
1.5
3.0
2.2
2.1
2.2
3.3
.6
.6
1.3
2.0
2.1
1.6
1.9
1.8
4.2
4.2
1.9
3.2
1.8
1.7
4.2
2.0
2.0
1.2
2.5
1.3
.6
1.3
.3
1.7
2.2
2.4
1.2
1.7
2.2
.6
.9
1.2
1.6
.8
1.7
2.1
1.2
1.7
2.1
1.9
.9
1.5
3.1
1.8
.9
3.4
2.5
2.4
2.6
1.4
3.7
2.3
1.9
...
1.6
1.3
2.2
.7
.6
.9
...
2.5
4.0
1.0
1.8
1.9
.9
1.2
3.3
5.5
6.8
1.1
1.2
1.2
1.0
2.0
...
1.6
.9
1.1
.9
1.3
1.1
.8
.7
2.6
...
1.1
...
1.8
Div
Last Chg. Amt.
96.16
91.79
25.74
48.23
60.41
35.09
112.42
38.79
22.44
23.42
42.89
21.18
41.69
28.94
51.02
14.64
68.48
44.81
49.38
30.90
31.33
32.43
28.12
20.14
24.69
26.69
46.28
49.98
31.36
55.71
74.18
92.85
62.39
32.39
54.61
31.39
46.24
36.97
26.52
33.63
26.14
24.43
58.75
69.06
33.74
35.88
35.03
36.10
86.45
104.50
52.47
34.85
84.09
150.69
146.39
99.61
174.83
189.67
166.72
169.67
146.63
110.87
111.98
125.06
139.88
118.51
178.96
148.18
124.12
149.28
94.45
197.15
84.93
67.82
57.66
49.96
111.30
202.36
143.42
33.99
112.46
142.37
60.38
66.72
107.91
38.09
101.83
50.69
65.39
88.90
14.90
152.73
148.31
101.82
46.13
155.28
105.97
15.74
113.58
62.06
50.19
126.03
44.04
113.19
57.16
25.16
47.83
28.22
50.34
29.67
34.33
28.11
25.70
29.50
27.60
34.35
30.39
32.76
32.81
33.04
32.28
38.34
27.80
26.00
56.38
28.22
60.60
+0.47
+0.49
+0.18
–0.93
+0.38
–0.84
+0.38
+0.53
–0.27
–0.08
–0.57
+0.25
–1.04
+0.13
–1.07
–0.23
+0.09
–0.57
–0.74
...
–0.03
+0.24
...
+0.21
–0.08
–0.26
+0.87
–0.20
–0.15
+0.28
+1.34
+0.20
+0.27
–0.24
–1.38
+0.19
–0.47
–0.55
–0.59
+0.74
–0.17
–0.02
–1.49
–0.27
–0.07
+0.14
+0.23
–0.43
+0.85
+0.05
+0.23
+0.01
+0.25
–0.06
+0.42
–0.03
+0.95
+0.99
+3.50
+3.44
+2.73
–0.32
–0.26
+0.45
+0.39
+0.26
+4.53
+3.88
+3.41
+0.71
+3.42
+1.29
+0.60
+0.22
+0.09
+0.01
+0.03
+2.10
+0.38
+0.45
+0.13
+0.87
–0.06
+0.38
+0.25
–0.43
+0.31
–0.39
–0.23
+0.34
...
+2.31
+4.60
–0.09
+0.16
+0.86
–0.17
–0.31
–0.45
+0.08
+0.02
+0.49
–0.54
+0.72
+1.38
+0.01
+0.11
+0.30
+0.05
+0.02
+0.18
+0.20
–0.04
+0.07
+0.77
+0.66
+0.17
+0.18
+0.30
+0.22
+0.34
+0.40
–0.49
+0.19
–0.70
+0.23
+0.06
.1766
.3676
.0585
...
.3564
.3096
1.1585
.6053
.4699
.312
.1559
.3475
.2767
.2153
.6996
.1036
1.0617
.1917
.3308
.4974
.2745
.5952
.2621
.299
.3999
.3294
.348
.3391
.4976
.3483
.6087
.3459
.9315
.3509
.5835
.3528
.7562
.1159
.0793
.219
.2598
.2571
.4654
.6454
.3112
.7563
.7282
.7007
1.368
.4626
.218
.7402
.8327
.7462
.4575
.6276
.5864
.3004
.5623
.1236
.6196
.2043
.2202
.3646
.6023
.6626
.2669
.3485
.36
.6147
.1963
.8452
.441
.2026
.2501
.2633
.5362
.464
.5368
.5252
.9877
.6153
1.0263
.828
.656
.2481
.7165
.9426
.7603
.8228
...
.6176
.4746
1.1431
.0818
.2457
.0808
...
.2366
.2069
.0423
.563
.1759
.2592
.1657
.0694
.2182
.483
.0473
.09
.1022
.1367
.254
.4483
.2252
.163
.174
.142
.2099
.1763
.1275
.1312
.3546
.0046
.5931
1.0838
1.1156
Name
Tick
Sym Yld
JPM DivRetGlEq JPGE 1.9
JPM DivRetIntl
JPIH ...
JPM DivRetIntlEq JPIN 1.4
JPM DivRetUS Eq JPUS .7
JPM Div US MC JPME ...
JPM Div US SC
JPSE ...
KnowldgLdrDevWrld KLDW .5
KraneBoseraChinaA KBA ...
KraneEFdChina KCNY ...
KraneSh1Belt1Road OBOR ...
KraneZacksNewChina KFYP ...
MadronaDomestic FWDD .6
MadronaGlobalBond FWDB 3.2
MadronaIntl
FWDI 1.7
MktVctDbLngEur URR ...
MkVctrDbShtEur DRR ...
MVEMInvGrade+BB IGEM 3.4
MasterIncomeETF HIPS 7.2
MatlsSelSectorSPDR XLB 2.1
MeidellTactical
MATH ...
MSCushMLPHI MLPY 8.1
MSMrkVecRnmnbi CNY ...
MSMktVectRupee INR ...
NashvilleAreaETF NASH 1.3
NatixisSeeyondIntl MVIN ...
NewfleetMultiUnBd NFLT 4.3
NuShEnhYd1-5Y NUSA 2.9
NuShEnhYdUSBd NUAG 3.0
OShFTSEAsiaPacQlty OASI 2.5
OShFTSEAsiaPacQlty OAPH 1.7
OShsFTSEEurQltyDiv OEUR 2.9
OShFTSEEurQltyDiv OEUH 1.8
OShFTSERussIntl ONTL 2.1
OShRussSC Qu OUSM 2.5
OShFTSEUSQuality OUSA 2.4
OppESGRevenue ESGL 2.0
OppenheimFclsSect RWW 1.0
OppGlbESGRevenue ESGF 1.9
OppenheimerLgCpRev RWL 1.7
OppenheimerMdCpRev RWK ...
OppenheimerSmCpRev RWJ .7
OppenheimUltraDiv RDIV 4.0
PIMCO25+YrZeroCoup ZROZ 2.7
PIMCO ActiveBd BOND 4.1
PIMCOBrdUSTIPSIdx TIPZ .8
PIMCOEnhLowDur LDUR 2.3
PIMCOEnhShMaturity MINT 1.7
PIMCO15+USTIPSIdx LTPZ 1.6
PIMCOIntermMuniBd MUNI 2.3
PIMCOInvGrdCorpBd CORP 3.0
PIMCO1-5USTIPSIdx STPZ .2
PIMCO1-3USTreaIdx TUZ 1.0
PIMCO DynMultEM MFEM ...
PIMCO DynMultIn MFDX ...
PIMCO DynMultUS MFUS ...
PIMCOShrtTrmMuniBd SMMU 1.5
PIMCO0-5YrHiYdCorp HYS 4.8
PwrShUsRealEst PSR ...
PwrShAerospace PPA 2.0
PwrShCEF Incm PCEF 6.4
PwrShCAAMTFrMuni PWZ 2.5
PwrShCNYDimSum DSUM 4.3
PwrShCleantch
PZD .2
PwrShDBAgricFd DBA ...
PwrShDBBaseMtls DBB ...
PwrShDBComTr DBC ...
PwrShDBEnergy DBE ...
PwrShDBGold
DGL ...
PwrShDBOilFd
DBO ...
PwrShDBPrecMtls DBP ...
PwrShDBSilver
DBS ...
PwrShDB G10
DBV ...
PwrShDB USDBear UDN ...
PwrShDB USDBull UUP ...
PwrShDevEuroPac FXEP 5.5
PwrShDynBiot
PBE 1.7
PwrShDynBldg&Con PKB .1
PwrShDynEnerExpln PXE 1.6
PwrShDynFood&Bev PBJ 1.7
PwrShDynLCValue PWV 1.9
PwrShDynLeisure PEJ .3
PwrShDynMkt
PWC 2.2
PwrShDynMedia
PBS .6
PwrShDynNetwork PXQ .6
PwrShDynOilSvs
PXJ 1.6
PwrShDynPharm PJP .8
PwrShDynRetail PMR 1.5
PwrShDynSemicon PSI .1
PwrShDynSoftware PSJ ...
PwrShEmergInfra PXR 2.5
PwrShEM SovDebt PCY 4.7
PwrShEuropeCurr FXEU 1.0
PwrShFTSE US1000 PRF 2.2
PwrShDynLC Grwth PWB .5
PwrShAPac xJapan PAF 3.1
PwrShDevMkt xUS PXF 1.7
PwrShFTSERAFIDevMk PDN .9
PwrShFTSE EM
PXH 6.4
PwrShFinlPfd
PGF 5.4
PwrShFundHYCpBd PHB 3.9
PwrShInvGrdCpBd PFIG 2.6
PwrShGlbClEngy PBD 1.6
PwrShPrivateEqty PSP 13.9
PwrShGlbShtHYBd PGHY 5.0
PwrShIndia
PIN .6
PwrShIntlCorpBd PICB 1.5
PwrShJapanCurr FXJP .6
PwrShNatAMTFrMuni PZA 3.0
PwrShNYAMTFrMuni PZT 2.9
PwrShS&PEM Mom EEMO 2.8
PwrShS&PIntlDev IDHQ 1.4
PwrShPfdETF
PGX 5.7
PwrShRussMC EW EQWM 1.5
PwrShRussMCGrw PXMG .5
PwrShRussMCVal PXMV 2.2
PwrShRuss1000EqWt EQAL 1.5
PwrShRussTop200 EQWL 1.5
PwrShRussTop200G PXLG .7
PwrShRussTop200Val PXLV 2.3
PwrShRuss2000EW EQWS 1.0
PwrShRuss2000Grw PXSG .3
PwrShRuss2000Val PXSV 2.1
PwrShS&P500Down PHDG 2.8
PwrShS&P500HiDiv SPHD 2.9
PwrShS&P500LoVol SPLV 2.2
PwrShS&PEMLowVol EELV 4.8
PwrShS&P500BW PBP 9.0
Div
Last Chg. Amt.
59.48
29.26
57.91
67.29
60.80
28.66
31.90
33.20
34.60
24.71
39.95
50.46
26.14
30.25
18.70
50.59
24.67
17.89
56.80
32.13
7.26
43.00
41.50
27.65
45.14
25.75
25.08
24.70
29.50
27.99
25.37
26.85
27.23
26.26
30.25
29.24
64.07
30.06
47.94
57.64
68.52
34.88
116.53
106.76
57.89
101.10
101.80
66.30
53.80
105.40
52.20
50.63
24.40
25.78
25.71
50.45
101.54
78.89
51.29
24.02
26.08
23.31
41.31
18.98
18.11
15.40
12.83
40.77
8.79
37.96
25.60
23.90
22.29
24.18
27.77
49.93
31.33
20.68
32.39
37.36
41.31
90.87
27.83
45.34
9.91
65.35
33.97
49.41
61.83
36.28
29.77
23.35
107.15
38.93
56.36
44.13
32.82
21.33
18.97
19.08
25.64
12.66
12.67
24.26
23.67
27.05
29.34
25.54
24.44
19.89
23.52
15.03
45.35
38.49
30.58
29.51
49.94
42.61
37.31
42.24
30.86
30.26
26.25
41.01
45.79
24.45
22.24
+0.12
+0.33
+0.10
+0.47
+0.60
+0.74
+0.12
–0.25
–0.14
–0.19
–0.22
+0.83
–0.10
+0.14
–1.34
+0.73
–0.15
+0.13
+0.25
+0.90
+0.21
–0.25
+0.01
+0.71
–0.12
...
...
–0.01
+0.36
–1.26
–0.33
+0.45
–0.24
+0.47
+0.05
+0.16
+0.93
–0.04
+0.46
+1.03
+2.57
+0.27
–2.21
–0.03
–0.24
+0.22
+0.05
–0.92
–0.06
–0.12
–0.10
–0.02
–0.52
+0.11
+0.14
–0.10
+0.15
–0.20
+0.27
+0.12
–0.19
–0.20
+0.44
–0.08
+0.07
–0.02
–0.01
–0.51
+0.10
–0.54
–0.50
–0.11
–0.22
+0.25
–0.20
+0.83
+0.99
+0.53
+0.05
+0.29
+0.51
+1.69
+0.31
+0.11
+0.47
+0.54
+0.43
+1.66
+0.30
–0.35
–0.02
+0.12
+1.05
+0.17
–0.72
+0.10
+0.16
–0.28
+0.03
+0.09
–0.03
–0.10
+0.05
+0.03
–0.54
–0.38
+0.52
–0.06
–0.11
–0.50
+0.17
–0.02
+0.63
–0.04
+0.25
+0.23
+0.31
+0.11
+0.23
+1.33
+0.77
+0.81
+0.20
+0.19
+0.04
–0.23
+0.07
1.1303
.4981
.8169
.4585
.4952
.0367
.1739
.4604
...
...
.7066
.3032
.0704
.5109
...
...
.0705
.1075
.3019
...
.1464
...
...
.1392
.117
.0929
.0599
.0623
.0606
.0401
.0612
.0402
.0471
.0546
.0604
.1428
.166
.1439
.2069
.1145
.1252
.3512
.80
.29
.04
.196
.146
.09
.104
.264
.01
.043
...
...
...
.062
.41
1.6871
.2504
.1288
.0549
.0842
.0173
...
...
...
...
...
...
...
...
...
...
...
.3802
.2153
.0112
.0818
.1404
.1765
.0348
.4958
.0386
.0646
.0406
.1228
.1242
.0166
.0147
.2308
.1178
.0571
.5796
.0518
.4435
.1833
.0758
.3425
.0848
.0614
.056
.0513
.4409
.1021
.0357
.0327
.0405
.0648
.0585
.1402
.0852
.0708
.1693
.0496
.1666
.112
.1931
.0754
.2178
.102
.0258
.1566
.1812
.1004
.084
.2943
.50
Name
Tick
Sym Yld
PwrShS&P500EnhVal SPVU
PwrShS&P500xRate XRLV
PwrShS&P500HiBeta SPHB
PwrShS&P500Mom SPMO
PwrShS&P500Qual SPHQ
PwrShS&PIntDev IDLV
PwrShS&P400LowVol XMLV
PwrShS&P600LowVol XSLV
PwrShSrLoanPtf BKLN
PwrShTaxMuniBd BAB
PwrShTreaColl
CLTL
PwrShVRDOTxFr PVI
PwrShVarRtPfd
VRP
PwrShWldrClean PBW
PwrShWldrHill
PUW
PwrShZacksMicro PZI
PrincipalEDGEActv YLD
ProShDJBrkGlIn TOLZ
ProShHdgReplic HDG
ProShInflationExp RINF
ProShRAFI L/S
RALS
ProShS&P500xEner SPXE
ProShS&P500xHlth SPXV
ProShS&P500xTech SPXT
ProShShtBasicMat SBM
ProShShtDow30 DOG
ProShShortEuro EUFX
ProShShXinhuaCh25 YXI
ProShShtFinls
SEF
ProShShortHY
SJB
ProShShMSCI EAFE EFZ
ProShShtMSCI EM EUM
ProShShtMC400 MYY
ProShShtOil&Gas DDG
ProShShortQQQ PSQ
ProShShtRE
REK
ProShShtRus2000 RWM
ProShShrtS&P500 SH
ProShSh7-10YrTr TBX
ProShShrtSC600 SBB
ProShSh20+Tr
TBF
ProShShtVIXST SVXY
ProShrUlBscMtls UYM
ProShUltBlmCrude UCO
ProshUltBlmNatGas BOIL
ProShrUlConsmrGd UGE
ProShrUlCnsmr
UCC
ProShrUltraDow30 DDM
ProShUlt Euro
ULE
ProShUltFTSEEurope UPV
ProShXinhuaChina25 XPP
ProShrUltraFnl
UYG
ProShUltraGold
UGL
ProShUltGoldMiners GDXX
ProShrUlHlthCr
RXL
ProShUltraHY
UJB
ProShrUltraInd
UXI
ProShUltBrazil
UBR
ProShUltMSCIEAFE EFO
ProShUltMSCIEM EET
ProShrUMdCp400 MVV
ProShrUlOilGas
DIG
ProShrUltraQQQ QLD
ProShrUltraRE
URE
ProShrUltraRus UWM
ProShrUltraS&P
SSO
ProShrUlSemi
USD
ProShrUl7-10Trs UST
ProShUltSilver
AGQ
ProShrUlSmC600 SAA
ProShrUlTech
ROM
ProShUltTelecom LTL
ProShUlt20YrTr
UBT
ProShrUltraUtil
UPW
ProShUltVIXST UVXY
ProShUltraYen
YCL
ProShUltDow30 UDOW
ProShUltraProFin FINU
ProShUltMC400 UMDD
ProShUltRus2000 URTY
ProShUltS&P500 UPRO
ProShUltShtDow30 SDOW
ProShUltraProShFnl FINZ
ProShShtMC400 SMDD
ProShShtRus2000 SRTY
ProShUltProShS&P SPXU
ProUltProShrt20YTr TTT
ProShUlt3xCrudeOil OILU
ProShUlt3xShCrude OILD
ProShUltShtAUD CROC
ProShrUSBscMtls SMN
ProShUltBloomCrd SCO
ProShUltShBlmGas KOLD
ProShrUSCnsmrGd SZK
ProShrUSCnsmrSvc SCC
ProShUltShDow30 DXD
ProShUltShEuro EUO
ProShrUltShFTSEEur EPV
ProShXinhuaChina25 FXP
ProShrUSFnl
SKF
ProShUltShGold
GLL
ProShUltShGoldMin GDXS
ProShrUSHlthCr
RXD
ProShrUSInd
SIJ
ProShUltra7-10
PST
ProShrUltraBrazil BZQ
ProShrUS MSCI Jpn EWV
ProShUltMC400
MZZ
ProShrUS MSCI EM EEV
ProShrUSOilGas DUG
ProShUltShtQQQ QID
ProShrUSRlEst
SRS
ProShrUlShtRus TWM
ProShUltShtS&P500 SDS
ProShrUSSemi
SSG
ProShUltShtSilver ZSL
ProShrUlShtSmC600 SDD
ProShrUSTech
REW
ProShUltraSh20+ TBT
ProShrUSUtil
SDP
ProShUltShtYen
YCS
ProShsVIXMTFut VIXM
ProShsVIXSTFut VIXY
QuantHdgDivIncm DIVA
QuantUSMktNeuAnt BTAL
QuantMktNeutMom MOM
QuantUSMktNeutral SIZ
1.8
1.6
1.5
2.5
2.6
2.5
1.5
1.6
3.6
3.9
...
.5
4.4
1.4
.6
1.3
4.6
4.2
...
3.8
1.9
1.8
2.1
2.2
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.5
...
...
.6
.2
.8
...
...
...
.7
...
...
...
2.7
.0
...
...
...
.1
3.3
.0
.4
...
.4
.3
.9
...
...
...
2.4
1.3
1.4
...
...
...
.1
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
3.0
...
...
...
Div
Last Chg. Amt.
32.67
31.67
39.43
30.85
28.79
33.18
43.89
45.94
23.16
30.38
105.88
24.92
26.05
4.70
26.33
19.13
41.95
43.10
44.80
27.08
37.67
52.27
52.02
49.36
18.94
16.55
40.56
20.85
12.38
23.12
26.39
19.20
11.91
24.90
38.15
16.27
43.69
32.17
28.17
35.85
22.41
93.75
65.22
17.82
8.80
44.29
66.82
107.95
17.10
56.44
74.13
112.84
39.60
41.06
85.49
66.18
64.21
83.01
124.00
83.32
109.84
35.40
64.22
63.66
66.81
96.74
101.59
58.11
33.15
93.18
74.94
46.10
80.36
47.77
20.60
58.17
69.85
83.91
97.51
76.21
116.47
26.68
10.85
12.38
36.01
13.79
26.39
25.09
17.63
45.85
15.22
33.73
33.64
15.41
29.25
10.72
21.68
32.33
20.02
24.01
71.55
14.76
31.72
19.31
21.38
9.26
31.18
21.27
9.63
42.24
15.46
30.77
18.70
46.65
12.90
32.78
17.25
19.85
35.58
25.70
74.21
25.17
32.53
25.15
19.23
23.49
20.55
+0.47
+0.16
+0.68
–0.35
+0.09
–0.01
+0.30
+1.38
+0.09
–0.09
+0.06
–0.04
+0.06
+0.04
+0.16
+0.49
+0.35
–0.58
+0.06
–0.31
+0.14
–0.03
+1.06
+0.05
–0.02
–0.06
+0.67
+0.33
–0.16
–0.09
–0.03
+0.23
–0.18
–0.32
–0.30
–0.06
–1.30
–0.20
+0.10
–1.31
+0.25
+4.64
+0.32
+0.63
–0.02
+0.22
–0.23
+0.23
–0.39
+0.07
–2.02
+2.74
–1.05
–1.73
+0.18
–1.89
+0.75
–4.26
+0.07
–2.21
+3.29
+1.11
+0.92
+0.73
+3.68
+1.23
+4.23
–0.67
–1.38
+6.20
+1.74
+0.75
–2.14
–0.16
–2.27
–0.59
+0.50
+3.17
+4.50
+6.25
+2.27
–0.22
–0.39
–0.60
–3.33
–0.28
+0.84
+1.23
–1.14
+1.21
–0.13
–1.38
–0.08
+0.12
–0.48
–0.03
+0.47
–0.15
+0.43
–0.64
+1.80
+0.52
+0.01
–0.49
+0.20
+0.42
–0.25
–0.60
+0.24
–1.70
–0.25
–0.37
–1.14
–0.66
–0.60
+1.23
–1.43
–0.45
+0.83
+0.23
+0.64
–0.48
–1.69
+0.14
–0.49
+0.04
+0.69
.1489
.041
.1447
.1949
.1873
.2104
.1679
.1848
.0701
.0977
...
.0097
.0953
.0163
.0376
.0622
.1592
.4576
...
.2581
.1765
.2357
.272
.2737
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.0798
...
...
.0686
.0276
.2221
...
...
...
.2042
...
...
...
.4448
.0053
...
...
...
.0345
.2931
.0035
.0617
.0033
.0901
.0828
.1283
...
.0568
.0121
.2715
.2697
.1678
...
...
.0564
.0151
.0115
.0157
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.1914
...
...
...
Name
Tick
Sym Yld
QuantUSMktNeut CHEP
REXGoldHdgS&P500 GHS
RealEstSectorSPDR XLRE
RealityDIVS
DIVY
ReavesUtilitiesETF UTES
RenaissanceIPOETF IPO
RenaissanceIntlIPO IPOS
RivFrDynCoreIncm RFCI
RivFrDynUSDiv RFDA
RivFrDynUSFlex RFFC
RivFrDynUnconInc RFUN
RivFrStratIncm
RIGS
SPDRBlackstoneSrLn SRLN
SPDRBloomBarcAggBd BNDS
SPDRBloomBarCvSecs CWB
SPDRBloomBarEMLoBd EBND
SPDRBloomBarcHYBd JNK
SPDRBloomBarInCpBd ITR
SPDRBloomBarcIntTm ITE
SPDRBloomBarInCpBd IBND
SPDRBlmBarIntTrBd BWX
SPDRBlmBarInvGrdFR FLRN
SPDRBlBarIssScCpBd CBND
SPDRBloomBarLTCpBd LWC
SPDRBloomBarcLTTr TLO
SPDRBloomBarMtgBd MBG
SPDRBloomBarc1-10Y TIPX
SPDRBloomBar1-3MTB BIL
SPDRBloomBarSTCpBd SCPB
SPDRBloomBarSTHYBd SJNK
SPDRBloomBarSTInTr BWZ
SPDRBloomBarcSTTr SST
SPDRBloomBarcTIPS IPE
SPDRBofAMLCrsOvCp CJNK
SPDRCitiIntGovBd WIP
SPDRDoubleTRTact TOTL
SPDREUROSTOXXSC SMEZ
SPDRFactSetInnTech XITK
SPDRGlobalDow DGT
SPDR Gold
GLD
SPDRLgDollarGold GLDW
SPDRMFSSysCore SYE
SPDRMFSSysGrowth SYG
SPDRMFSSysValueEqu SYV
SPDRMSCIACWIIMI ACIM
SPDRACWILowCarbon LOWC
SPDRMSCICAStrat QCAN
SPDRMSCIChinaA XINA
SPDREAFEFossilFr EFAX
SPDRMSCIEAFEStrat QEFA
SPDREMFossilFuelFr EEMX
SPDRMSCIEMStrat QEMM
SPDRMSCIDEStrat QDEU
SPDRMSCIJapanStrat QJPN
SPDRMSCIUSAStrat QUS
SPDRMSCIUKStrat QGBR
SPDRMSCIWorldStrat QWLD
SPDR NYSE Tech XNTK
SPDRNuveenMuniBd TFI
SPDRNuveenSTMuniBd SHM
SPDRHYMuni
HYMB
SPDRRussell1000ETF ONEK
SPDRRussell2000ETF TWOK
SPDRRussell3000ETF THRK
SPDRRuss1000LowVol ONEV
SPDRRuss1000Mom ONEO
SPDRRuss1000Yd ONEY
SPDRMomentumTilt MMTM
SPDRS&P1500ValTilt VLU
SPDR S&P500MidGr MDYG
SPDR S&P400MidVl MDYV
SPDRS&P500Growth SPYG
SPDRS&P500Value SPYV
SPDRS&P600SmallCap SLY
SPDR S&P600SCpGr SLYG
SPDR S&P600SCapVal SLYV
SPDR Aero Dfns
XAR
SPDRS&PBank
KBE
SPDRS&PCapitalMkts KCE
SPDREmMktsDiv EDIV
SPDRS&P500Buyback SPYB
SPDRS&P500Fossil SPYX
SPDRS&P500HiDiv SPYD
SPDRS&PGlbDividend WDIV
SPDRS&PGlbInfr
GII
SPDRS&PGlbNatRes GNR
SPDRS&PHlthCareEqp XHE
SPDRS&PHlthCareSvs XHS
SPDRS&PInsurance KIE
SPDRS&PInternetETF XWEB
SPDRS&PNAmNatlRscs NANR
SPDRS&POil&GasEq XES
SPDRS&P1000ETF SMD
SPDRS&PRegionalBkg KRE
SPDRS&PSft&Svs XSW
SPDRS&PTechHardwr XTH
SPDRS&PTelecom XTL
SPDRS&PTransport XTN
SPDRGenderDivers SHE
SPDR US LC Low Vol LGLV
SPDR US SC LowVol SMLV
SPDRSSgAGlbAll GAL
SPDRSSgAIncmAllctn INKM
SPDRSSgAMultiAsset RLY
SPDRSSgAUltraShrt ULST
SchwabEM Equity SCHE
SchwabFundEmgLrg FNDE
SchwabFundIntLrgCo FNDF
SchwabFundIntlSmCo FNDC
SchwabFundUSBrd FNDB
SchwabFundUSLrgCo FNDX
SchwabFundUSSmCo FNDA
SchwabIntmUSTrsr SCHR
SchwabIntEquity SCHF
SchwabIntlSC
SCHC
SchwabSrtTRmUSTrsr SCHO
SchwabUS AggrBd SCHZ
SchwabUS BrdMkt SCHB
SchwabUS Div
SCHD
SchwabUS LC
SCHX
SchwabUS LC Grw SCHG
SchwabUS LC Val SCHV
SchwabUS MC SCHM
SchwabUS REIT SCHH
SchwabUS SC
SCHA
Schwab US TIPs SCHP
SerenityShImpact ICAN
SitRisingRateETF RISE
...
...
2.9
...
2.2
.2
1.0
2.5
1.7
.5
4.4
4.5
4.0
2.7
4.7
5.4
5.3
2.7
1.5
.9
1.1
1.7
3.2
4.1
2.6
3.1
1.0
.9
1.8
5.6
.2
1.2
1.2
4.1
1.8
3.0
2.5
...
1.7
...
...
1.2
.8
1.6
1.7
2.6
1.6
2.3
1.3
2.8
3.5
1.4
4.0
1.3
1.9
4.4
2.3
.5
2.1
1.0
3.6
1.9
1.3
1.6
1.8
1.8
3.2
1.7
2.2
1.1
1.6
1.5
2.4
1.2
1.0
1.4
1.6
1.5
2.0
6.4
1.2
1.8
4.0
3.2
3.3
2.4
.0
.2
1.3
...
1.2
4.7
1.4
1.5
.2
.7
2.2
.7
1.8
1.9
2.4
1.3
2.4
.8
1.4
1.8
1.4
2.0
1.6
2.2
2.2
1.2
1.7
2.1
1.6
1.2
2.4
1.7
2.9
1.9
1.3
2.5
1.0
2.3
.9
1.5
...
...
Div
Last Chg. Amt.
25.40
31.82
32.24
25.79
33.13
26.60
22.75
24.78
30.00
30.68
26.45
25.44
47.42
57.71
51.07
29.88
37.32
34.51
60.03
34.55
28.09
30.74
32.45
42.12
71.98
26.33
19.53
45.75
30.67
27.97
31.98
30.15
56.38
26.82
57.31
49.27
62.70
77.45
80.68
121.58
118.89
71.06
75.24
62.05
75.43
86.27
59.91
23.26
71.23
63.59
65.55
61.11
63.21
74.65
72.33
53.05
72.25
78.85
48.91
48.60
57.10
117.96
87.52
187.90
71.53
72.40
70.56
106.43
95.92
147.46
99.01
123.92
116.65
130.08
227.89
126.38
79.80
45.09
52.39
30.46
57.91
60.93
35.99
67.93
51.98
45.97
62.79
60.96
89.99
72.25
33.72
16.58
95.74
56.76
65.72
76.45
69.73
60.03
69.60
88.70
95.78
36.89
33.03
25.15
40.25
26.91
28.66
29.87
34.86
35.06
35.15
36.28
53.92
33.47
35.82
50.40
52.36
60.91
46.80
60.04
66.07
51.82
50.11
41.13
67.37
55.26
26.21
23.03
+0.23
–0.12
+0.13
–0.01
–0.82
+0.13
–0.11
+0.04
+0.56
+0.54
+0.06
+0.04
+0.08
–0.11
–0.02
–0.40
+0.12
+0.03
–0.10
–0.47
–0.36
+0.04
+0.08
+0.09
–0.77
+0.03
–0.04
+0.01
+0.02
+0.08
–0.28
...
–0.28
+0.15
–0.90
–0.07
–0.05
+0.46
+0.62
–1.66
–0.20
+0.31
+0.82
+0.21
+0.35
+0.23
+0.47
–0.39
–0.07
+0.17
–1.43
–0.66
+0.27
+0.47
+0.55
+0.02
+0.34
+0.15
–0.24
–0.15
–0.16
+0.91
+2.51
+1.73
+0.77
+0.76
+0.77
+0.79
+1.47
+1.89
+1.90
+0.71
+0.88
+4.03
+7.17
+4.42
+0.38
+1.61
+1.66
–0.30
+0.99
+0.37
+0.17
+0.29
–0.40
+0.09
+0.29
+1.65
+0.78
+0.13
+0.02
+0.87
+2.07
+2.36
+0.39
–0.12
+0.42
+1.08
+0.31
+0.69
+2.28
–0.01
–0.15
–0.05
–0.05
–0.35
–0.27
+0.05
+0.27
+0.39
+0.31
+0.80
–0.12
+0.06
+0.16
–0.04
–0.07
+0.57
+0.13
+0.42
+0.53
+0.31
+0.50
+0.31
+1.61
–0.25
–0.09
+0.10
...
.2562
.2356
...
.18
.0157
.0586
.0508
.0433
.0121
.0964
.0947
.16
.1287
.2019
.134
.1641
.0767
.073
.025
.026
.0424
.0872
.1445
.154
.0684
.016
.0329
.0468
.1294
.004
.0295
.0579
.0909
.086
.122
.794
.8086
.3443
...
...
.2151
.1575
.2527
.6229
1.1213
.4785
.1366
.2396
.8896
.581
.4211
1.2655
.4913
.3404
1.1705
.8334
.0992
.0873
.0409
.171
.5611
.2839
.7566
.3209
.3293
.5692
.4437
.5225
.4149
.4034
.4683
.7044
.3859
.5599
.4395
.3142
.1653
.2608
.4885
.1744
.2774
.3628
.5423
.856
.5406
.001
.0268
.2945
1.0654
.205
.1929
.3263
.2062
.032
.1249
.3803
.1036
.3195
.4179
.5639
.1204
.2002
.0532
.047
.4884
.3938
.6084
.5548
.1926
.1907
.1103
.076
.7131
.5852
.0492
.1055
.2557
.3439
.2784
.2153
.3212
.1281
.2378
.1589
.0686
.1281
...
Name
Tick
Sym Yld
SPDR DJRlEst
RWX 4.9
SPDR DJREIT
RWR 3.3
SPDRGlblRlEst
RWO 3.3
SPDR DJIA Tr
DIA 2.5
SPDR EurSTOXX FEZ 1.4
SPDR MSCI exUS CWI 2.4
SPDREmMktSmlCp EWX .6
SpdrSPIntDiv
DWX 3.8
SPDR S&PMdCpTr MDY 1.8
SPDR S&P 500
SPY 2.0
SPDR S&P Biotch XBI .2
SPDR SP China
GXC .5
SPDR S&P Div
SDY 2.3
SPDR SP EmAsPac GMF .8
SPDR SP EmMkt GMM .8
SPDR S&P Home XHB .7
SPDR IntlSC
GWX ...
SPDR S&P MtlMng XME .7
SPDRS&POilGasExpl XOP .8
SPDR S&P Pharm XPH .7
SPDR S&P Retail XRT 1.7
SPDR S&P Semi
XSD .6
SPDR S&P exUS GWL 2.4
SPDR STOXX Eu50 FEU .4
SPDRWelsFrg
PSK 5.4
SpinFieldUVAUncons FFIU ...
Whiskey&SpiritsETF WSKY 1.1
SprottGoldMiners SGDM .0
SprottJrGoldMiners SGDJ 1.6
SummitWaterETF WTRX ...
TechSelectSector XLK 1.4
TeucriumAgricFd TAGS ...
TeucriumCornFund CORN ...
TeucriumSoybeanFd SOYB ...
TeucriumSugarFund CANE ...
TeucriumWheatFund WEAT ...
TierraXPLatAmRlEst LARE 1.9
TortoiseNAPipeline TPYP 4.6
2xLevLgETRACSWF LBDC 17.8
UBSNatGasMLPETN MLPG 5.6
UBS FIEnhGlbHY FIHD ...
UBS FIEnhLCGrw FBGX ...
E-TRACS DJ Cmd DJCI ...
UBSProSh3xInvCrd WTID ...
UBSProSh3xLgCrude WTIU ...
UBSWellsFargoETN BDCS 8.8
E-TRACS AlrInfr MLPI 6.3
USCFRestaurant MENU .6
USCF StockSplit TOFR 1.2
USGlbGOGold GOAU ...
U.S.GlobalJetsETF JETS .5
USMktRotationStrat HUSE .5
ETRACS2xBDC BDCL 17.7
US3xOilFd
USOU ...
US3xShrtOilFd USOD ...
UtilitiesSelSector XLU 3.1
VanEckMerkGoldTr OUNZ ...
VanEckAfrica
AFK 2.3
VanEckAgribus
MOO 1.9
VanEckAMTFrIntMuni ITM 2.2
VanEckAMTFrLgMun MLN 3.1
VanEckAMTFrShMuni SMB 1.2
VanEckBDCIncome BIZD 8.3
VanEckBrazilSC
BRF 2.7
VanEckCEFMuni XMPT 4.7
VanEckChinaBond CBON 3.3
VanEckCSI300
PEK .4
VanEckSMEChiNxt CNXT ...
VanEckCoal
KOL .9
VanEckEgypt
EGPT ...
VanEckEM AggBd EMAG 4.3
VanEckEMHYBond HYEM 5.6
VanEckEnvironSvcs EVX .6
VanEckFallAnglHYBd ANGL 4.8
VanEckGaming
BJK 2.5
VanEckGlbAltEn GEX 1.8
VanEckGlblSpinoff SPUN 1.4
VanEckGoldMiner GDX .2
VanEckGreenBd GRNB .8
VanEckHiIncmInfra YMLI 7.3
VanEckHiIncMLP YMLP 8.4
VanEckHYMuni
HYD 4.2
VanEckIndiaSC
SCIF 1.0
VanEckIndonesia
IDX 1.0
VanEckIntlHYBd
IHY 4.5
VanEckInvtGrFR FLTR 1.8
VanEckIsrael
ISRA 1.5
VanEckJPMEMLCBd EMLC 5.3
VanEckJrGold
GDXJ 4.5
VanEckMornIntlMoat MOTI 1.0
VanEckMornWideMoat MOAT 1.0
VanEckMtgREIT MORT 6.1
VanEckNatRscs
HAP 1.8
VanEckOilRefin CRAK 2.7
VanEckOilSvcs
OIH 1.8
VanEckPoland
PLND 1.3
VanEckPreRefundMun PRB 1.2
VanEckPfdSecsxFin PFXF 5.3
VanEckRareEarth REMX 1.5
VanEckRetail
RTH 1.7
VanEckRussia
RSX 1.5
VanEckRussiaSC RSXJ 1.8
VanEckSemiconduc SMH .6
VanEckShHYMuni SHYD 2.8
VanEckSolarEner KWT 3.3
VanEckSteel
SLX 1.0
VanEckTreaHYBd THHY 4.7
VanEckUnOil&Gas FRAK .4
VanEckUranium
NLR 3.4
VanEckVietnam
VNM 2.1
VangdCnsmrDiscr VCR 1.5
VangdCnsmrStpls VDC 2.2
VangdExtMkt
VXF 1.1
VangdInfoTech
VGT 1.1
VangdMatrls
VAW 1.9
VangdSC Grwth
VBK .5
VangdSC Val
VBR 1.9
VangdDivApp
VIG 1.8
VangdEnergy
VDE 4.7
VangdExDurTreas EDV 2.8
VangdAWxUSSC VSS 1.6
VangdFTSEDevMk VEA 1.6
VangdFTSE EM VWO 4.8
VangdFTSE Europe VGK 1.6
VangdFTSE Pac
VPL 1.7
VangdFinls
VFH 1.9
VangdFTSEAWxUS VEU 2.3
Div
Last Chg. Amt.
38.38
92.51
47.76
223.82
41.25
37.83
49.55
40.38
326.33
251.23
86.57
102.51
91.33
99.17
72.47
39.82
35.02
32.18
34.09
42.55
41.77
65.57
30.67
35.61
44.70
25.00
30.45
20.62
35.22
30.61
59.10
22.90
17.64
18.36
9.48
6.58
31.69
23.51
18.24
24.86
161.92
196.10
15.36
25.07
15.84
21.98
25.14
16.78
17.21
12.66
29.64
39.23
18.42
29.62
18.84
53.05
12.63
23.22
58.98
24.05
19.97
17.53
17.86
24.74
27.20
22.85
45.53
34.33
14.56
29.15
22.08
24.82
86.53
30.31
42.68
60.20
23.50
22.96
26.85
14.18
23.89
31.31
56.74
23.65
25.76
25.28
29.77
19.20
33.59
35.67
40.34
25.26
35.49
26.83
26.07
20.20
24.58
20.08
25.83
81.52
22.29
42.72
93.32
24.46
43.21
42.20
23.69
14.84
51.12
14.91
143.34
138.56
107.13
151.99
128.52
152.64
127.79
94.79
93.58
116.74
114.93
43.41
43.57
58.33
68.20
65.36
52.71
–0.20
+0.65
+0.22
+0.62
+0.15
–0.06
–0.64
–0.13
+5.11
+1.79
+2.66
–1.19
+0.91
–1.51
–1.21
+1.35
+0.21
+0.56
+1.05
+0.18
+0.97
+1.04
+0.11
+0.25
...
+0.07
+0.67
–0.31
–0.67
–0.50
+0.58
–0.14
+0.16
–0.26
–0.31
–0.04
–0.73
+0.29
+0.98
+0.61
+0.86
+2.81
–0.03
–1.86
+0.79
+0.52
+0.36
–0.07
+0.11
–0.29
+0.24
+0.35
+0.97
+1.24
–1.01
–0.18
–0.15
–0.28
+0.20
–0.15
–0.07
–0.06
+0.43
–0.81
–0.14
–0.22
–0.44
–0.21
–0.04
+1.01
+0.23
...
+1.01
+0.13
+0.23
+0.40
+0.27
–0.51
–0.25
+0.13
+0.35
...
–0.78
–0.28
–0.06
+0.05
–0.02
–0.32
–0.70
–0.19
+0.30
+0.26
+0.36
+0.38
+0.86
–0.45
–0.05
+0.01
+0.72
+0.83
+0.46
+0.07
+1.75
–0.07
–1.15
+0.28
+0.16
+0.30
–1.25
+0.01
+0.63
–0.40
+1.89
+0.99
+0.15
+2.33
+2.05
+0.69
+0.87
–3.02
+0.17
+0.10
–0.61
+0.13
+0.13
+0.90
–0.13
.3365
.7615
.3894
.4577
.1397
.4534
.1593
.3788
1.4451
1.2346
.037
.2598
.5203
.3984
.3012
.07
.1582
.0601
.0712
.0723
.1822
.0942
.361
.0317
.5991
...
.08
.0037
.5621
.1645
.2092
...
...
...
...
...
.05
.269
.8137
.3471
...
...
...
...
...
.4826
.3948
.0235
.0526
...
.1605
2.8247
.8137
...
...
.4172
...
.528
1.098
.0447
.0512
.0179
.37
.676
.1066
.0622
.254
...
.132
...
.0789
.1158
.531
.1223
1.066
1.071
.324
.055
.0173
.2572
.50
.1086
.566
.247
.0963
.037
.435
.085
1.507
.37
.408
.3861
.643
.713
.466
.027
.0251
.0883
.38
1.394
.005
.034
.576
.0577
1.425
.402
.0918
.063
1.719
.318
.536
.771
.285
.419
.613
.208
.617
.43
1.098
.822
.473
.179
.522
.231
.29
.305
.298
M28
BARRON’S
October 2, 2017
Preferred Stock Listings
Includes preferred like and
repackaged securities
Net
Stock
Div Yld Close Chg
NYSE AMER
AdCareHealthPfA .6797 12.6
ArconicPfd
.9375 4.2
BancroftFdPfdA .3359 5.2
BluerockREITPfdC .4766 7.4
BluerockResPfD .4453 7.0
BluerockResPfdA .5156 7.9
EllsworthPfdA
...
GAMCOGlbGoldPfB .3125 5.1
Gabelli6%CumPfdA .475 3.8
GabelliGoAnyPfdA .80 7.4
GastarExplnPfdA .1797 12.2
GastarExplnPfdB .224 13.9
HillmanGroupPfd .2417 8.5
LadenburgThalPf .1667 8.1
IndxPlus 03-1 .7565 5.5
PacGE pfA
.375 4.7
PacGE pfB
.3438 4.7
PacGE pfC
.3125 4.6
PacGE pfD
.3125 4.8
PacGE pfE
.3125 4.7
PacGE pfG
.30 4.6
PacGE pfH
.2813 4.5
PowerREIT PfdA .4838 7.4
RadiantLogPfdA .6094 9.3
SoCA Ed pfB
.255 4.1
SoCA Ed pfC
.265 4.3
SoCA Ed pfD
.27 4.3
SoCA Ed pfE .2988 4.7
21.58 –0.08
89.25 2.03
25.60 –0.15
25.73 –0.18
25.60 0.39
26.24 –0.06
25.30
...
24.72 –0.07
50.60 0.05
43.40 –0.35
17.67 4.47
19.39 4.80
34.25 –0.25
24.83 –0.14
27.52 –0.18
31.90
...
29.55 0.40
27.10 –0.74
26.22 0.02
26.74 0.63
26.25 –0.05
25.18 –0.47
26.25
...
26.35 –0.10
24.60 –0.22
24.40 0.05
25.00 –0.21
25.47 0.37
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
NASDAQ
AGNC InvPfdC .2576 4.0 25.84 0.44
AGNCInvPfdB .4844 7.4 26.05 –0.37
AmerSvcFncl pf .5281 7.5 28.09 0.97
ArchCapitalPfdE .3281 5.3 24.70 0.05
ArchCapGroupPfdF
... 25.19 0.06
ArgoGroupNts42 .4063 6.4 25.22 0.04
AtlasFinNt2022
... 26.15 0.15
BOKFinNts2056 .3359 5.3 25.35 –0.05
B.RileyNts2021 .4688 7.2 25.87 0.21
B.RileyNts2027 .4688 7.3 25.60 –0.06
BancFst pf
.45 6.8 26.52 –0.33
BlueknightEnPtrsA .1788 9.1 7.85 0.22
BofiNts26
.3906 6.1 25.82 –0.73
BostonPrivPfdD .4344 6.8 25.66 –0.06
CHS Pfd
.50 6.7 29.67 –1.04
CHS PfdB
.4922 6.7 29.34 0.02
CHS PFdB2
.4438 6.1 29.01 0.20
CHS PfdB4
.4688 6.5 28.68 –0.01
CHS PfdB3
.4219 6.1 27.55 0.22
CapitalaFinNts22 .375 5.9 25.30 –0.02
CarlylePfdA
... 25.58 0.29
CommerceBcshPfB .375 5.7 26.44 0.14
CowenNts
.5156 7.7 26.65 –0.16
eBay Nts2056 .375 5.5 27.03 –0.01
FifthStNts28 .3828 6.0 25.37 0.11
FifthThirdBncPfI .4141 5.5 29.99 –0.02
FirstInternetNts .375 5.8 25.99 0.40
FrontierCommPfA 2.7813 57.8 19.24 0.37
GeneralFin9%PfdC 2.30 9.3 99.24 –0.75
GeneralFinSrNt21 .5078 8.0 25.34
...
GladstonePfd2024
... 25.46 0.41
GladstoneCommPfA .1615 7.5 25.82 0.12
GladstoneCommPfD .1458 6.7 26.00 –0.19
GldstoneComrc pf .1563 7.3 25.61 0.15
GladstonePfdB .1406 6.7 25.24 –0.12
GladstonePfdC .1354 6.3 25.64 –0.06
GladstonePfdD .1302 6.1 25.47
...
GladstoneLandPfd .1328 6.1 25.93 –0.19
GlbIndemnityNts
... 25.80 –0.33
GlobalIndemNts .4844 7.5 25.96 0.04
GovtPropNts2046 .3672 5.6 26.25 0.25
GreatElmNts20 .5156 8.2 25.07
...
GreatElmNts22
... 25.30 0.22
Hancock Nts .3719 5.8 25.64 –0.35
HarvestCap6.125Nt ... 25.40 –0.09
HovnanianPfdA .4766 ... 6.06 –0.25
HuntingtonBcPfA 21.25 5.7 1480.00 13.00
HuntingtonBcPfC .3673 5.7 25.67 –0.17
HuntingtonBcPfD .3906 5.7 27.42 –0.26
IberiabankPfdB .8281 5.9 27.96 0.06
IberiabankPfdC .4125 5.9 27.94 0.08
IridiumCommPfdB 4.2188 4.7 359.00 11.00
KCAPFinl6.125Nts22 ... 24.97 –0.06
LandmarkInfrPfdA .50 7.9 25.48 –0.21
LandmarkInfrPfdB .4938 7.7 25.50 0.09
Stock
Net
Div Yld Close Chg
LegacyResPfdA .1667 38.0 5.26 0.26
LegacyResPfdB .1667 38.1 5.25 0.37
MBFinancialPfdA .50 7.8 25.76 0.02
MTGEInvPfdA .5078 7.7 26.49 0.16
MedallionFinNts .5625 9.6 23.35 –1.05
MitchamIndsPfdA .5625 9.8 23.05 0.01
NatlGeneralPfdA .4688 7.3 25.77 0.12
NatlGeneralPfdC .4688 7.5 25.11 –0.21
NatlGeneralPfdB .4688 7.4 25.33 –0.53
NatlGeneralNts .4766 7.4 25.75 0.24
NavientNts2018
... 25.15 0.01
NavientNts2043 .375 6.3 23.92 –0.25
NewYorkMtgPfB .4844 7.7 25.06 –0.18
NY MtgPfdC .4922 7.7 25.43 0.25
NewtekNts2021 .4375 6.9 25.50 0.08
NewtekBusNts2022 .4688 7.1 26.36 0.69
NorthernTrPfdC .3656 5.6 26.03 –0.55
Old2ndCapPfd .195 7.5 10.45 –0.23
OxfordLanePfd .1563 7.4 25.37 0.04
OxfordLanePfd2024 .1406 6.6 25.39 0.01
PeoplesUtdPfdA .3516 5.2 26.85 0.03
PopularCapPfd .1276 6.9 22.27 –0.63
PopularPfd
.1396 7.1 23.59 –1.21
SLM Pfd B
.754 4.5 67.29 0.89
SabraPfdA
.4453 6.9 25.65 0.07
SeniorHousingNts .3906 5.8 27.12 0.20
SeniorHousingNts .3516 5.5 25.39 0.22
SotherlyHotelsNts .4375 6.9 25.53 0.08
SotherlyHotelsPfB .50 7.9 25.39 –0.36
SparkEnergyPfdA .5469 8.3 26.41 –0.49
StarBulkNts2019 .50 7.9 25.27 0.06
StericyclePfdA 1.3125 8.9 58.84 1.47
SVB Cap II Pfd .4375 6.6 26.66 –0.50
TICCCapNts24 .4063 6.3 25.94 –0.06
T-Mobile Pfd .6875 2.8 99.91 –3.74
TexasCapNts .4063 6.4 25.55
...
TexasCapPfd .4063 6.4 25.56 0.07
TravelCtrsNt28 .5156 8.5 24.40 –0.38
TravelCtrsNt29 .50 8.6 23.35 0.29
TravelCtrsNt30 .50 8.7 23.04 –0.13
USA Tech Pfd
... 24.99 0.84
VirtusInvtPfdD 1.8125 7.0 103.47 0.47
WhiteHorseNts .4063 6.3 25.65 0.09
WintrustFinPfd .41 5.7 28.68 –0.46
NYSE
AFLAC Deb
.3438
AG Mortgage PfdB .50
AG Mortgage PfdA .5156
AXIS CapPfdD .3438
AXIS CapPfdE .3438
AegonCapSec AEB .2556
AegonCapSec AED .4063
AegonCapSec AEH .3984
AEGONNotes
.50
AL Power Pfd O .3644
AlabamaPwrPfdA .0799
AlerePfdB
3.00
AlexandriaPfdD .4375
AllerganPfdA 13.75
AlliedCap Nts .4297
Allstate PfdA .3516
Allstate PfdC .4219
Allstate PfdD .4141
Allstate PfdE .4141
Allstate PfdF .3906
AllstateDeb .3188
AmFinDeb2054 .3906
AmFinDeb2055 .375
AmHomes4RentPfdA .3125
AmHomes4RentPfdB .3125
AmHomes4RentPfdD .4063
AmHomes4RentPfdE .3969
AmHomes4RentPfdF .3672
AmHomes4RentPfdG .3019
AmHomes4RentPfdC .3438
AmerTowerPfdB 1.375
AmTrustFinPfdA .4219
AmTrustFinPfdB .4531
AmTrustFinPfdC .4766
AmTrustFinPfdD .4688
AmTrustFinPfdE .4844
AmTrustFinPfdF .4344
AmTrustNts .4531
AmTrustNts .4688
AnnalyCapPfdC .4766
AnnalyCapPfdE .4766
AnnalyCapPfdF
AnnalyCapPfdD .4688
AnworthMtgPfdA .4766
5.4 25.30 0.03
7.9 25.18 0.06
8.1 25.40 0.12
5.5 25.16 –0.10
5.4 25.37 –0.18
4.2 24.20 –0.46
6.2 26.25 0.06
6.2 25.89 –0.03
7.6 26.27 –0.02
5.8 25.02
...
... 25.79 0.03
3.0 401.00 2.50
4.9 35.75 –0.08
7.5 737.82 0.71
6.7 25.69 –0.45
5.5 25.50 –0.56
6.4 26.46 –0.42
6.2 26.70 –0.53
6.2 26.80 –0.20
5.9 26.70 –0.17
4.7 26.85 –0.33
6.0 26.24 –0.04
5.6 26.76 –0.07
4.4 28.49 –0.09
4.4 28.46 –0.14
5.9 27.60 0.34
6.0 26.58 –0.17
5.7 25.68 0.26
... 25.76 0.39
4.8 28.57 0.07
4.5 122.08 0.30
7.0 24.25 –0.22
7.3 24.86 0.06
7.6 24.92 –0.14
7.6 24.82 –0.08
7.7 25.30 –0.20
7.4 23.40 –0.07
7.1 25.70 0.01
7.2 25.96 0.02
7.6 25.22 –0.33
7.5 25.48 0.19
... 25.73 0.35
7.4 25.37 –0.05
7.6 25.02 –0.37
Stock
Net
Div Yld Close Chg
AnworthMtgPfdA .5391 8.3 25.83 –0.59
AnworthMtgPfdB .3906 5.3 29.70 –0.24
ApartmentInvPfdA .4297 6.4 26.77 0.01
ApolloCommPfdC .50 7.9 25.37 –0.38
ApolloGlMgmtPfdA .3984 6.1 26.32 0.18
ApolloInvNts .4141 6.6 25.00 –0.40
ApolloInvNts2043 .4297 6.6 26.18 –0.06
ArborRealtyNts21 .4609 7.2 25.50 0.03
ArborRealtyPfdB .4844 7.6 25.50 0.30
ArborRealtyPfdC .5313 8.1 26.22 –0.18
ArborRealtyPfdA .5156 8.1 25.51 0.11
ArchCapitalPfdC .4219 6.6 25.45 –0.20
ArconicPfdB .6719 6.9 38.90 –2.21
AresMgmtPfdA .4375 6.5 27.12 0.50
ArlingtonAssetPfB .4375 7.1 24.75 –1.05
ArlingtonAsstNt23 .4141 6.6 24.95 0.13
ArlingtonAsstNt25 .4219 6.9 24.35 0.06
ArmourResPfdB .1641 7.9 25.00
...
ArmourResPfdA .1719 8.1 25.46 0.04
AshfordHospPfdB .3438 6.8 20.25 –0.49
AshfordHospPfdG .4609 7.3 25.38 0.04
AshfordHospPfdH .1875 ... 25.24 0.04
AshfordHospPfdD .5281 8.3 25.42 –0.41
AshfordHospPfdF .4609 7.4 24.92 –0.37
AspenInsPfd .3516 5.6 25.09 –0.07
AspenInsPfd .3719 5.3 27.86 –0.26
AssdBancPfdC .3828 5.7 26.81 0.12
AssdBancPfdD .3359 5.3 25.19 –0.41
AssuredGuarBds .4297 6.6 26.24 0.14
AssuredGuarNts .35 5.6 25.01 –0.40
AssurGrMunNt .3906 6.1 25.57 –0.14
AstoriaFin PfdC .4063 6.4 25.48 –0.35
BB&T Pfd D
.3656 5.8 25.37 0.01
BB&T Pfd E
.3516 5.6 25.30 0.03
BB&T Pfd F
.325 5.1 25.29 0.08
BB&T Pfd G
.325 5.1 25.46 0.11
BB&T Pfd H
.3516 5.3 26.65 0.07
BGCPtrsNts .5078 7.8 26.00 –0.47
BancCA PfdC
.50 7.5 26.50 0.34
BancCA PfdD .4609 7.0 26.48 0.10
BancCA PfdE .4375 6.6 26.64 –0.36
BancoBradescoPf .0061 .7 11.07 –0.43
BankofAmPfd1 .1875 3.4 22.16 –0.08
BankofAmPfd2 .1917 3.4 22.29 0.03
BankofAmPfd3 .3984 6.2 25.74 –0.09
BankofAmPfd4 .2556 4.3 23.93 –0.07
BankofAmPfdCC .3875 5.8 26.73 –0.23
BankofAmPfdD .3878 6.0 25.75 0.10
BankofAmPfdE .2556 4.1 24.78 0.29
BankofAmPfdEE .375 5.6 26.59 –0.11
BankofAmPfdI .4141 6.5 25.63 –0.30
BankofAmPfdL .2556 4.3 23.60 –0.02
BankofAmPfdL 18.125 5.6 1301.47 –10.53
BankofAmPfdW .4141 6.1 27.19 0.10
BankofAmPfdY .4063 6.0 26.94 –0.42
BNYMellonPfdC .325 5.1 25.31 –0.12
BarclaysBkPfd5 .5078 7.7 26.55 –0.24
BectonDickinsonPfA .7656 5.5 55.26 0.69
BeldenPfdB 1.6875 6.2 108.06 –0.53
BostonPropPfdB .3281 5.3 24.92 –0.50
BrookfieldDTLAPf 2.25 31.0 28.99 0.68
CBL AssocPfdD .4609 7.5 24.44 0.04
CBL AssocPfdE .4141 6.7 24.57 –0.16
CYSInvPfdB .4688 7.5 24.85 –0.32
CYSInvPfdA .4844 7.7 25.05 –0.35
Cabco GS GYB .2076 3.6 23.00 0.07
CABCO SBC Comm .2076 3.5 23.55 –0.18
Cabco JCP PFH .9531 12.1 15.80 0.03
CallonPetrolPfd 1.25 9.6 51.95 0.35
CapitalOnePfdB .375 5.9 25.25 –0.10
CapitalOnePfdC .3906 5.9 26.51 0.04
CapitalOnePfdD .4188 6.2 27.17 0.07
CapitalOnePfdG .325 5.2 25.17 –0.01
CapitalOnePfdH .375 5.6 26.65
...
CapitalOnePfdF .3875 5.7 27.00 0.01
CapsteadMtgPfdE .4688 7.5 24.90 –0.19
CedarRealty Pfd .4531 7.2 25.28
...
CedarRealty6.5%PfC ... 24.67 0.22
CentraisElBrasPf .5143 ... 7.18 –0.56
CenturyLinkNts .4063 6.4 25.28 –0.01
SchwabPfdB
.375 5.9 25.39
...
SchwabPfdC
.375 5.5 27.14 0.03
SchwabPfdD .372 5.5 27.14 0.15
CherryHillPfdA .3303 ... 25.16 –0.19
ChespkeEngy pfD 1.125 8.9 50.71 1.08
ChimeraFixFltPfdB .50 7.6 26.45 0.41
ChimeraInvPfdA .50 7.6 26.25 0.30
CinnBell pfB .8438 6.7 50.39 –0.12
CitigroupPfdAA .5078 7.4 27.50 0.05
CitigroupPfdJ .4453 6.1 28.99 0.06
CitigroupPfdK .4297 5.9 28.99 0.16
Net
Div Yld Close Chg
Stock
CitigroupPfdL .4297 6.4 26.95 0.06
CitigroupPfdS .3938 5.8 27.18 0.03
CitigrpCapXIIIPf .4854 7.0 27.78
...
CitigroupPfdC .3625 5.6 25.78 0.05
CityOfficePfdA .4141 6.4 25.98 0.56
ColonyNorthPfdJ
... 25.05 0.02
ColonyNrthStPfB .5156 8.1 25.33 –0.07
ColonyNrthStPfC .5547 8.8 25.33 0.01
ColonyNrthStPfD .5313 8.2 25.81 –0.03
ColonyNrthStPfE .5469 8.0 27.30 0.41
ColonyNrthStPfG .4688 7.3 25.80 0.07
ColonyNrthStPfH .4453 6.9 25.68 0.23
ColonyNrthStPfI .4469 7.0 25.46 –0.09
Comcast Nts .3125 4.9 25.56 0.12
CompassPfdA
... 25.17 –0.05
ConsumersEnerPf 1.125 4.4 103.30 0.05
CorEnergyInfrPf .4609 7.1 26.00 0.35
CoresitePfdA .4531 7.1 25.51 –0.29
Corts Aon KTN 1.0256 6.3 32.37 0.11
Corts JCPen JBR .875 12.0 14.56 0.16
Corts JCPen JBS .875 12.0 14.57 0.06
Corts JC KTP
.953 12.1 15.78 –0.08
Corts PECO KTH 1.00 6.1 32.75 –0.02
CostamarePfdB .4766 7.7 24.75 –0.14
CostamarePfdC .5313 8.3 25.75 0.60
CostamarePfdD .5469 8.3 26.27 0.87
CntrwdCapV .4375 6.7 26.01 0.11
CrownCastlePfdA 17.1875 6.4 1068.00 3.27
CullenFrostPfd .3359 5.3 25.30 0.01
CustomersBncpNt .3984 6.1 25.97 0.11
CustomersBncpPfdC .4375 6.5 26.90 0.14
CustomersBncpPfdD .4063 5.9 27.45 0.30
CustomersBncpPfdE .4031 6.0 27.00 0.26
CustomersBncpPfdF .375 5.7 26.17 –0.13
DDR PfdA
.3984 6.1 26.05 –0.11
DDR PfdJ
.4063 6.5 25.06 –0.37
DDR PfdK
.3906 6.2 25.35 –0.12
DTE EnergyDeb76 .3359 5.2 25.85 0.23
DTE EnergyDeb62 .3281 5.2 25.27 0.07
DTE EnergyDebF .375 5.5 27.37 0.25
DtscheBkTrII .4094 6.4 25.58 –0.04
DeutscBkTruPS .475 7.3 26.09 –0.07
DeutschBkTruPS .5031 7.6 26.58 –0.48
DianaShippingNts .5313 8.4 25.35 –0.15
DianaShippingPfd .5547 9.2 24.06 0.48
DigitalRealtyPfdC
... 28.23 0.87
DigitalRealtyPfdJ
... 25.08 0.21
DigitalRealtyPfG .3672 5.8 25.16 –0.18
DigitalRealtyPfH .4609 6.8 27.12 0.25
DigitalRealtyPfI .3969 5.9 27.07 0.22
DillardsCapPfd .4688 7.3 25.76 0.08
DiscoverFinPfdB .4063 6.4 25.45 0.07
DominionEnNts76 .3281 5.1 25.79 0.13
DriveShackPfdB .6094 9.6 25.45 0.07
DriveShackPfdC .5031 8.1 24.90 0.15
DriveShackPfdD .5234 8.3 25.10 0.05
DuPont pfA
.875 3.8 91.00 1.49
DuPont pfB
1.125 4.3 104.54 1.83
DukeEnergyDeb .3203 5.0 25.48 0.04
DynagasLNG PfdA .5625 8.5 26.45 0.22
DynegyPfdA 1.3438 16.3 33.07 0.48
DynexCapPfdA .5313 8.4 25.25 –0.45
DynexCapPfdB .4766 7.8 24.51 –0.29
EPR Prop Pfd .3594 5.2 27.71 –0.34
EPRPropPfdE .5625 6.2 36.37 0.06
EPR Prop PfdF .4141 6.5 25.48 –0.34
EaglePointNts20 .4375 6.9 25.28 –0.06
EaglePointNts27 .4219 6.6 25.56 –0.04
EaglePointPfdA .1615 7.4 26.03 –0.11
EaglePointPfdB .1615 7.4 26.23 –0.33
ElPasoEngy pfC .5938 4.8 49.50
...
Endurance PfdC .3969 5.9 26.75 –0.44
EntergyAR Bds63 .2969 4.7 25.04 0.12
EntergyAR Bds
4.9 25.17 –0.09
Entergy1stMtgBd .3047 4.9 25.01 0.14
EntergyLA Bds52 .3281 5.2 25.33 –0.05
EntergyLA Bd .2938 4.7 24.96 –0.12
EntergyLA Bds66 .3047 4.9 24.87 0.02
EntergyMS Bds .3063 4.9 24.94 –0.07
EntergyNOLA Bds .3125 5.0 25.09 –0.02
EntergyTX Bds .3516 5.4 26.08 0.12
EquityCommonNt42 .3594 5.7 25.29 0.06
EquityCommonPfdD .4063 6.1 26.63 0.58
FNB PfdE
.4533 6.1 29.63 0.35
FPL Group Pfd .3672 5.8 25.47 –0.45
FarmlandPtrsPfdB .1792 ... 27.10 0.20
FedAgricMtgPfdB .4297 6.4 26.66 –0.13
FedAgricMtgPfdC .375 5.3 28.32 0.37
FedAgricMtgPfdA .3672 5.8 25.41 –0.58
FifthStNts24 .3672 5.8 25.33 0.08
FirstHorizonPfdA .3875 6.1 25.30 –0.06
FirstRepBkPfdF .3563 5.4 26.25 0.19
Stock
Net
Div Yld Close Chg
FirstRepBkPfdG .3438
FirstRepublicPfE .4375
FirstRepublicPfC .3516
FirstRepBkPfdH .3203
FirstRepublicPfdD .3438
FiveOaksInvPfdA .1823
GATX Nts
.3516
GDL Fund Pfd .375
GGP PfdA
.3984
GMACCapTrSer2 .4536
GabelliConv pfB .375
GabelliDivPfdA .3672
GabelliDivPfdD .375
GabelliDivPfdG .3281
GabelliEqPfdD .3672
GabelliEqPfdG .3125
GabelliEqPfdJ .3406
GabelliEqPfdH .3125
GabelliGlSMidPfdA .3406
GabelliHlthPfdA .36
GabelliHlthPfdB .3672
GabelliMultPfdE
GabelliMultimedia .375
GabelliUtilPfdA .3516
GabelliUtilPfdC .3359
GasLogPfdA .5469
GasLogPtrsPfdA .7188
GenAmInv pfB .3719
GeneralElcCapNt52 .3047
GeneralElcCapNts .2938
GE4.875%Nt1/29/53 .3047
GenieEnergyPfd .1594
GA Pwr pfA
.3828
GeorgiaPwrNt77
GlMedREIT PfdA
GlbNetLeasePfdA .0957
GlShipLeasePfdB .5469
GldmnSachs pfA .2396
GoldmanSachsPfB .3875
GoldmanSachsPfC .2556
GoldmanSachsPfD .2556
GoldmanSachsPfI .3719
GoldmanSachsPfJ .3438
GoldmanSachsPfK .3984
GoldmanSachsPfN .3938
GramercyPfdA .4453
GreatAjaxNts24 .4531
HECO CapTr III .4063
HSBCPfd
.5078
HSBC Pfd2
.50
HSBC PfdA
.3875
HanoverInsDeb .3969
HartfordFinDeb42 .4922
HeclaMiningPfd .875
HerculesCapNts24 .3906
Hersha Pfd E .4063
HershaHospPfdC .4297
HershaHospPfdD .4063
Hess Pfd
1.00
HorizonTechNt19 .4609
ING Grp 6.2Secs .3875
ING GrpHybrd .3984
ING Grp 6.125Secs
InterstateP&LPfdD .3188
InvescoMtgPfdA .4844
InvescoMtgPfdB .4844
InvescoMtg7.5%PfdC .6823
InvestorsRealPf .4969
iStarFnl pfE
.4922
iStarPfdD
.50
iStarPfdF
.4875
iStarPfdG
.4781
iStarPfdI
.4688
JMP Nts2021 .4531
JMP Nts2023
.50
JPMorganPfdAA .3813
JPMorganPfdBB .3844
JPMorganPfdP .3406
JPMorganPfdT .4188
JPMorganPfdW .3938
JPMorganPfdY .3828
JPMorganPfdO .3438
JustEnergyPfdA .5313
KCAP Nts
.4609
KKR Pfd A
.4219
KKR Pfd B
.4063
KKR Fin Pfd A .4609
KSCitySo Pfd
.25
KayneAndersonMLPPf .0729
KemperDeb54 .4609
KennedyWilsonNts .4844
5.3
6.6
5.5
5.1
5.4
8.7
5.2
3.0
6.2
6.9
5.6
5.6
5.6
5.2
5.6
5.0
5.3
5.0
5.3
5.5
5.5
...
5.6
5.5
5.3
8.4
...
5.6
4.8
4.6
4.8
8.4
6.1
...
...
...
9.5
4.0
5.9
4.3
4.4
5.8
5.0
5.4
5.7
6.7
7.1
6.0
7.4
7.4
5.9
6.2
6.5
6.5
6.1
6.4
6.8
6.4
6.8
7.3
6.2
6.2
...
5.0
7.7
7.6
...
7.9
7.8
7.9
7.8
7.5
7.5
7.2
7.8
5.7
5.7
5.3
6.2
5.9
5.7
5.4
8.1
7.3
6.2
6.0
7.1
3.6
3.4
6.9
7.6
26.13 –0.25
26.61 0.04
25.48 0.13
25.05 0.02
25.31 –0.20
25.23 0.01
26.98 0.48
50.31 –0.07
25.68 0.56
26.40 0.08
26.71 0.08
26.44 –0.08
26.75
...
25.23 –0.35
26.39 0.26
24.95 0.08
25.54 –0.08
24.95 –0.11
25.62 0.09
26.38 –0.06
26.92 0.27
25.09 0.14
26.73 0.20
25.76 0.15
25.57 –0.11
26.17 –0.57
26.45 –0.30
26.74 0.05
25.37 0.04
25.57 0.14
25.51 0.03
7.60 0.01
25.06 –0.05
25.14 0.04
25.08 0.18
24.98 –0.16
23.08 –0.22
23.79 0.09
26.26 0.26
23.80 –0.04
23.12 –0.08
25.54 –0.08
27.25 0.17
29.27 0.10
27.50 0.08
26.53
...
25.52 –0.33
27.05 –0.55
27.28 –0.58
26.98 –0.07
26.39 –0.11
25.51 0.02
30.36 –0.79
53.50
...
25.42 –0.06
25.37 –0.11
25.15 –0.30
25.58 0.08
58.96 3.57
25.18 –0.30
24.99 –0.39
25.70
...
25.94 –0.03
25.29 0.02
25.17 –0.21
25.66 –0.04
24.99 0.08
25.09 –0.08
25.15 0.03
25.30 –0.04
25.16 0.02
25.37 0.28
25.10 0.05
25.26 –0.24
25.53 –0.20
26.96 –0.19
27.09 –0.13
25.50 –0.07
26.90 –0.11
26.72 –0.10
26.75 –0.11
25.33 –0.15
26.24 0.38
25.10 0.04
27.32 0.02
27.24 0.23
25.79 –0.31
28.06 0.06
25.40 0.09
26.55 –0.41
25.40 0.11
Stock
Net
Div Yld Close Chg
KeyCorpPfdE .3828 5.2 29.39 0.31
KimcoRealtyPfdI .375 5.9 25.35 –0.03
KimcoRealtyPfdJ .3438 5.4 25.36 0.11
KimcoRealtyPfdK .3516 5.5 25.42 0.01
KimcoRealtyPfdL .21 ... 24.96 0.13
KinderMorganPfdA 1.2188 11.5 42.55 0.60
LaSalleHotelPfI .3984 6.2 25.60 –0.12
LaSalleHotelPfJ .3938 6.2 25.60 –0.26
LeggMasonNts56 .3984 5.9 26.81 –0.29
LeggMasonNts .3406 5.4 25.03 –0.20
CBTCS 04-6 .7931 6.6 24.15 0.02
LexingtonRltyPfC .8125 6.3 51.21 0.36
M&TBankPfdA 15.9375 6.2 1026.00 –4.00
M&TBankPfdC 15.9375 5.9 1086.00
...
MFAFinNts2042 .50 7.7 25.98 0.09
MFAFinPfdB .4688 7.4 25.23 –0.15
MI Homes pfA .6094 9.7 25.18 0.01
MVC Capital Nts .4531 7.2 25.20 –0.36
MaidenHldg6.7%PfdD .4188 6.9 24.31 –0.08
MaidenHldgsPfdC .4453 6.9 25.92 –0.16
MaidenNts43 .4844 7.4 26.16 0.02
MaidenNts46 .4141 6.2 26.60 0.77
MaidenHldgsPfdA .5156 8.1 25.35 0.06
MainStreetCapNt .3828 5.9 25.90 0.18
MechelPfd
.0866 9.2 .94
...
MedleyCapNts21 .4063 6.2 26.05 0.07
MedleyCapNts23 .3828 6.1 25.15 0.12
MedleyNts24 .4531 7.1 25.41 0.10
MedleyNts26 .4297 7.0 24.55 0.06
MerLynCapTr I .4031 6.2 26.09 0.09
MLCapTrstPfd .4609 6.9 26.54 0.05
Metlife pfA
.2556 4.1 25.05 –0.17
MidAmerAptPfdI 1.0625 6.4 66.75 1.25
MS PowerPfdD .3281 5.1 25.76 –0.59
MonmouthRE PfdC .3828 6.1 25.18 –0.02
MorganStanleyPfd1 .3984 5.6 28.34 –0.09
MorganStanleyPfdK .3656 5.3 27.34 –0.19
MSNonCum pfd A .2556 4.4 23.06 –0.18
MorganStanleyPfdE .4453 6.1 29.34 –0.18
MorganStanDepPfdF .4297 5.9 28.89 –0.25
MorganStanleyPfdG .4141 6.1 26.99 –0.38
NGL EnergyPfdB .675 11.1 24.34 –0.32
NatlRetailPropPfdF .325 5.2 25.08 0.30
NatlRetailPropPfE .3563 5.6 25.54 –0.10
NtlWstmin pfC .5391 8.5 25.51 0.01
NaviosMariPfdH .5391 13.7 15.75 –0.72
NaviosMaritimPf .5469 13.6 16.06 –0.01
Navistar pfD
... 15.00 1.33
NYComBncpPfdA .3984 5.5 29.19 0.19
NY CmtyCap V .75 5.9 50.85
...
NextEraEnCapI .3203 5.1 25.15 0.10
NextEraEnDebG2072 .3563 5.7 25.19 –0.26
NextEraPfdDebJ .3125 5.0 25.20 –0.13
NextEraEnCapSerH .3516 5.6 25.13 –0.09
NiaMoPwr pfB .90 3.7 97.64 –0.38
NiaMoPwr pfC .975 3.9 99.04 –0.92
NuSTAR EnPfdA .5313 7.9 27.03 0.53
NuSTAR PfdB .7254 ... 25.75 0.44
NuSTARLogNts .4766 7.5 25.36 –0.34
OFGBancorpPfA .1484 7.7 23.21 –1.39
OFGBancorpPfB .1458 7.5 23.38 –1.04
OFGBancorpPfD .4453 7.6 23.38 –1.46
OM AssetMgmtNt .3203 5.1 24.97 0.02
PNC Fin PfdQ .3359 5.2 25.74 0.17
PNCFinPfdP .3828 5.3 28.71 –0.23
PPL Capital Nts .3688 5.7 25.71 –0.02
PSBusParksPfdT .375 6.0 25.16 0.03
PSBusParksPfdW .325 5.1 25.29 0.12
PSBusParksPfdX
... 25.26 0.14
PSBusParksPfdV .3563 5.5 25.80 0.09
PSBusParksPfdU .3594 5.7 25.15 –0.08
PartnerRePfdF .3672 5.8 25.46 –0.24
PartnerRePfdG .4063 6.0 27.04 0.04
PartnerRePfdH .4531 6.3 28.75 –0.17
PartnerRePfdI .3672 5.6 26.19 0.02
PebblebrookPfdC .4063 6.3 25.77 –0.05
PebblebrookPfdD .3984 6.1 26.14 0.27
PA Reit Pfd A .5156 8.2 25.16 0.03
PA REIT PfdD
... 25.01 0.11
PA Reit Pfd B .4609 7.3 25.25
...
PennREITPfdC .45 6.9 25.99 0.10
PennyMacMtgInvPfdA .5078 8.1 25.22 0.09
PennyMacPfdB .3889 ... 25.10 0.02
PitneyBowesNt43 .4188 6.6 25.54 –0.05
PPlus CZN-1 1.0469 8.3 25.31 –1.01
PPlus GSC-2 .1917 3.7 20.74 –0.41
PPlus RRD-1 .7875 7.1 22.22 –0.54
ProspectCapNt .3906 6.0 25.98 0.28
PrudentialFinNt53 .3563 5.5 25.75 –0.03
PrudentialNts .089 4.2 25.37 0.04
PrudentialNts .3594 5.6 25.59
...
PrudentialSkis .4219 ... 26.57 0.17
Net
Div Yld Close Chg
Stock
PrudentialPfd .4063 6.2 26.38 –0.04
PublicStoragePfA .3672 5.5 26.76 0.20
PublicStoragePfB .3375 5.1 26.50 0.43
PublicStoragePfC .3203 5.0 25.65 0.20
PublicStoragePfD .3094 4.9 25.19 0.30
PublicStoragePfdF .3219 5.1 25.33 0.10
PublicStoragePfdG .1859 ... 25.24 0.27
PublicStoragePfE .3063 4.9 24.90 0.31
PublicStoragePfV .3359 5.3 25.30 0.16
PublicStoragePfX .325 5.2 25.11 –0.09
PublicStoragePfY .3984 5.9 26.95 –0.04
PublicStoragePfZ .375 5.7 26.15 –0.25
PublicStoragePfU .3516 5.6 25.20 0.07
PublicStoragePfW .325 5.1 25.38 0.15
Qwest7%Nts2056 .4375 6.5 26.95 0.39
QwestNts2051 .4688 7.4 25.43 –0.04
QwestNts2052 .4375 6.9 25.36 –0.39
QwestNts2052 .4375 6.9 25.35 –0.40
QwestNts2053 .3828 6.0 25.37 0.07
QwestNts2054 .4297 6.6 26.04 –0.27
QwestNts2055 .4141 6.5 25.45 0.07
QwestNts2057 .4219 6.6 25.49 0.11
RAIT Fin PfdA .4844 13.5 14.30 2.19
RAIT Fin PfdB .5234 13.8 15.17 2.47
RAIT Fin PfdC .5547 14.1 15.74 2.23
RAIT FinNt
.4766 9.4 20.37 0.77
RAIT FinNt19 .4453 7.9 22.65 0.89
RLJLodgingPfdA .4875 ... 27.82 0.02
Ramco-GershenPfd .9063 6.7 54.12 1.88
RayonierAdvPfdA 2.00 7.6 105.56 1.89
RegionsFinPfdB .3984 5.6 28.58 –0.07
RegionsFinPfdA .3984 6.3 25.45 0.08
ReinsuranceGrpDeb .3594 5.0 28.94 0.90
ReinsuranceGrpDeb .3875 5.4 28.45 0.20
RenaissancePfdC .38 5.9 25.72 –0.24
RenaissancePfdE .3359 5.3 25.19 –0.07
ResourceCapPfdA .5313 8.5 24.90 –0.36
ResourceCapPfdB .5156 8.4 24.55 –0.12
ResourceCapPfdC .5391 8.5 25.48 –0.35
RetailPropPfdA .4375 6.9 25.50 0.34
RexfordIndlPfdA .3672 5.7 25.55 –0.15
RexnordPfdA .7188 5.0 58.07 0.17
RoyalBkCanadaPf .3438 5.4 25.28 0.01
RoyalBkCanadaPf .4219 5.7 29.40 –0.46
RylBkScot pfS .4125 6.4 25.68 –0.09
SCE III Pfd
.3594 5.2 27.59 0.10
SCE II Pfd
.3188 5.1 25.12 –0.13
SCE IV Pfd
.3359 4.9 27.17 0.02
SCE V Pfd
.3406 4.9 27.90 –0.20
SCE Tr VI 5% Pfd L .3125 4.9 25.38 0.14
SLGreenRealtyPfd .4063 6.4 25.30 –0.44
STAGIndlPfdB .4141 6.4 25.74 0.09
STAGIndlPfdC .4297 6.4 26.94 0.39
SafeBulkersPfdB .50 7.8 25.62 –0.16
SafeBulkersPfdC .50 9.1 22.02 –0.32
SafeBulkersPfdD .50 9.0 22.20
...
SantdrFin pf .4006 6.2 25.79 –0.04
SantndrFinPfd4 .425 6.5 26.16 0.03
SantndrFinPfd6 .2556 4.2 24.30 0.12
SantndrFinPfd5 .4063 6.3 25.94 0.05
SantndrHldPfdN .4563 7.0 25.93 –0.01
SaratogaInvNts23 .4219 6.5 26.07 0.08
Satrn JCPen
.875 12.0 14.56 –0.14
SaulCentersPfdC .4297 6.7 25.51 0.05
ScorpioBulkNt19 .4688 7.5 25.00 –0.05
ScorpioTankNt17 .4688 7.5 24.95 –0.41
ScorpioTankNt19
... 25.27 –0.12
ScorpioTankNt20 .4219 6.9 24.60 0.09
SeaspanNts2019 .3984 6.1 25.92 0.11
SeaspanPfdE .5156 8.2 25.05 0.12
SeaspanPfdG .5125 8.5 24.20 –0.11
SeaspanPfdH .4922 8.3 23.72 0.02
SeaspanPfdD .4969 8.3 23.95 –0.05
SelectiveInsNts .3672 5.8 25.34 –0.17
SimonPropPfdJ 1.0469 5.5 75.50 1.53
SolarCapNts .4219 6.6 25.38 0.09
SouthernNt2015A .3906 5.7 27.40 0.15
SouthernNt2016A .3281 5.1 25.51 –0.31
SouthwestEnerPfB .7233 ... 14.26 –0.33
SpecialOppFdPfB .2188 3.4 25.59
...
StanleyBlackDeb .3594 5.7 25.44 0.10
StateStreetPfdD .3687 5.3 27.88 –0.09
StateStreetPfdE .375 5.6 26.67 –0.09
StateStreetPfdG .3343 4.9 27.22 0.04
StateStreetPfdC .3281 5.2 25.15 –0.09
SteelPtrsPfdA .375 6.8 22.00 –0.20
StellusCap5.75Nt22 .3594 5.7 25.42
...
StifelFinlPfdA .3906 5.8 26.84 –0.43
Strats Allst GJT .0383 2.3 19.95 0.27
Strats GSG GJS .0407 2.5 19.49 –0.02
Strats NewsAm GJV .875 6.7 26.25 –0.01
Net
Div Yld Close Chg
Stock
Strats PG GJR .0368
Strats USC GJH .3188
Strats WlMrt GJO .0378
SummitHotelPfdC .4453
SummitHotelPfdD .4031
SummitHotelPfdB .4922
SunCommPfA .4453
SunstoneHotelPfE .4344
SunstoneHotelPfF .4031
SunTrustBksPfA .2556
SunTrustBksPfE .3672
SutherlandNts23
SynovusFinlPfdC .4922
TCF Fin PfdA .4688
TCF Fin PfdB .4031
TCF Fin PfdC
THLCreditNts21 .4219
THLCreditNts22 .4219
TargaRscsPfdA .1875
TaubmanCtrsPfdJ .4063
TaubmanCtrsPfdK .3906
TeekayLNG PfdA .5625
TeekayOffshorePf .4531
TeekayOffshrPfB .5313
Tele&Data Nts .4141
Tele&DataNts .4297
Tele&DataPfd .4375
Tele&DataNts .3672
TVA Parrs
.21
TVA Bds D
.2219
TorchmarkDeb56 .3828
TorchmarkDeb52 .3672
Tri-Cont Pfd
.625
TriangleNts .3984
TriangleNts22 .3984
TriplePointNts22 .3594
TsakosEnergyPfdB .50
TsakosEnergyPfdC .5547
TsakosEnergyPfdD .5469
TsakosEngyNavPfdE .5781
TwoHarborsPfdA .5078
TwoHarborsPfdB .5189
UMH PropPfdB .50
UMHPropPfdC .1688
US BancorpPfdA 8.9444
US BancorpPfdF .4063
US BancorpPfdH .2236
US BancorpPfdH .3219
USCellularNt63 .4531
USCellularNts60 .4344
USCellularNts64 .4531
Urstadt Pfd G .4219
UrstadtBiddlePfdH .1866
Urstadt Pfd F .4453
VEREIT Pfd F .1396
ValePfdA
.2831
ValidusPfdA .3672
ValidusPfdB .3424
ValleyNatlPfdA .3906
ValleyNatlPfdB .2215
VentasRealtyNts43 .3406
VerizonNts54 .3688
VornadoPfdG .4141
VornadoPfdI .4141
VornadoPfdK .3563
VornadoPfdL .3375
WPX Energy Pfd .7813
WRBerkleyDeb2056 .3594
WRBerkleyDeb53 .3516
WRBerkleyDeb56 .3688
WashingtonPrmPfH .4688
WashingtonPrmPfI .4297
WebsterPfdE
.40
WellsFargoPfdN .325
WellsFargoPfdA .3438
WellsFargoPfdA .4141
WellsFargoPfdAY .3516
WellsFargoPfdP .3281
WellsFargoPfdQ .3656
WellsFargoPfdT .375
WellsFargoPfdV .375
WellsFargoPfdW .3563
WellsFargoPfdO .3203
WellsFargoPfdJ .50
WellsFargoPfdL 18.75
WellsFargoPfdA .3984
WelltowerPfdI .8125
WesternAllianDeb .3906
ZionsBancorpNts .4344
ZionsBancorpPfdG .3938
ZionsBancorpPfdH .3594
ZionsBncpPfdA .2556
2.1 21.50 0.25
6.2 10.30 0.25
2.1 22.10 0.28
7.0 25.60 0.01
6.3 25.59 0.12
7.7 25.56 0.05
7.1 25.25 –0.30
6.4 27.10 –0.05
6.1 26.25 –0.04
4.1 24.98 –0.36
5.8 25.45 0.01
... 25.87 0.05
7.3 26.95 –0.10
7.4 25.20
...
6.3 25.59
...
... 25.52 0.23
6.7 25.18 –0.05
6.5 25.85 0.05
8.4 26.94 0.08
6.5 25.16 –0.15
6.2 25.07 –0.18
8.7 25.86
...
8.1 22.50 0.08
8.7 24.40 0.70
6.4 25.78 –0.69
6.8 25.44 –0.09
6.8 25.90 0.10
5.9 24.99 –0.15
3.3 25.18 0.02
3.5 25.47 –0.06
5.7 26.83 –0.23
5.8 25.34 –0.08
4.9 51.07 –0.43
6.3 25.36 –0.04
6.2 25.57 0.01
5.7 25.28 –0.17
7.8 25.59 –0.09
8.6 25.83 –0.13
8.6 25.39 0.14
9.0 25.71 0.06
7.5 26.94 –0.24
... 26.15 0.20
7.2 27.66 0.16
... 26.72 0.33
4.0 900.01 –2.91
5.6 29.15 –0.17
3.8 23.44 0.23
5.0 25.83 –0.46
6.8 26.47 0.16
6.7 25.88 0.16
6.7 27.07 0.23
6.5 26.13 –0.23
... 25.84 0.09
7.0 25.37 0.01
6.5 25.73 –0.13
... 9.35 –0.10
5.8 25.49 0.08
... 25.15 –0.09
5.6 27.95 –0.01
... 26.65 0.06
5.4 25.46 –0.01
5.4 27.19 0.17
6.5 25.52 0.09
6.5 25.51 0.09
5.7 25.18 –0.31
5.3 25.40 –0.18
5.9 53.36 1.43
5.5 26.23 0.03
5.4 25.93 0.31
5.6 26.14 –0.32
7.4 25.21 –0.22
6.9 25.08 –0.76
6.3 25.42 –0.03
5.2 25.01 0.01
5.3 25.71 0.16
5.7 28.91 0.02
5.4 26.19 0.14
5.2 25.33 0.17
5.4 27.28 0.06
5.7 26.21 –0.08
5.7 26.45 –0.16
5.5 26.00 0.11
5.1 25.02 –0.02
7.8 25.50 0.01
5.7 1315.00 –5.00
6.0 26.42 –0.01
5.1 63.43 –1.17
6.0 26.11 –0.20
5.8 29.82 –0.48
5.7 27.72 0.14
5.6 25.77 –0.08
4.0 25.28 0.23
Exchange-Traded Portfolios
Name
Tick
Sym Yld
VangdGrowth
VUG
VangdHlthCr
VHT
VangdHiDiv
VYM
VangdIndls
VIS
VangdIntermBd
BIV
VangdLC
VV
VangdLT Bond
BLV
VangdMegaCap MGC
VangdMegaGrwth MGK
VangdMegaVal
MGV
VangdMC
VO
VangdMCGrowth VOT
VangdMC Val
VOE
VangdREIT
VNQ
VangdS&P500
VOO
VangdS&P500 Grw VOOG
VangdS&P500Val VOOV
VangdS&PMC400 IVOO
VangdS&P400Grwth IVOG
1.2
1.4
3.0
1.7
2.6
2.0
3.8
2.2
1.3
2.9
1.4
.9
1.8
4.1
2.0
1.5
2.5
1.4
.9
Div
Last Chg. Amt.
132.75
152.28
81.07
134.26
84.66
115.40
93.77
86.27
104.72
71.79
147.00
121.75
105.64
83.09
230.76
128.71
103.97
120.82
125.47
+0.96
+0.07
+0.37
+0.39
–0.14
+0.82
–0.20
+0.03
+0.28
–0.07
+1.05
+1.17
+1.18
+0.60
+1.72
+0.31
+0.18
+1.43
+1.59
.411
.515
.602
.586
.1857
.585
.2967
.473
.353
.512
.508
.289
.483
.854
1.176
.495
.658
.425
1.158
Name
Tick
Sym Yld
VangdS&P400Val IVOV
VangdS&P600
VIOO
VangdS&P600Grwth VIOG
VangdS&P600Val VIOV
VangdST Bond
BSV
VangdSC
VB
VangdTaxExemptBd VTEB
VangdTelecom
VOX
VangdTotalBd
BND
VangdTotalStk
VTI
VangdTotlWrld
VT
VangdUtilities
VPU
VangdValue
VTV
VelocityShares3xIn DGAZ
VelocityShares3xLg UGAZ
VelocityLgLIBOR ULBR
VelocityShLIBOR DLBR
Velocity3xInvCrude DWT
1.3
.9
1.0
1.4
1.7
1.5
2.0
3.6
2.5
1.7
2.0
3.3
2.7
...
...
...
...
...
Div
Last Chg. Amt.
117.19
135.60
140.81
127.91
79.82
141.32
51.66
92.26
81.96
129.52
70.72
116.78
99.82
24.12
11.59
26.47
24.40
23.02
+2.21
+4.54
+3.97
+3.99
–0.01
+2.59
–0.15
–1.03
–0.08
+1.15
–0.12
–1.27
+0.64
–0.14
–0.03
+2.81
+0.25
–1.51
1.501
1.185
.356
.449
.1127
.533
.086
.84
.1735
.553
.354
.963
.675
...
...
...
...
...
Name
Tick
Sym Yld
Velocity3xLgCrude UWT
VelocityShVIXShrt XIVH
VelocityShVIXTail BSWN
VelocityShVIXVarLS LSVX
VirtusCumbMuni CUMB
VirtusEnhShrtUS VESH
VirtusLifeSciBio
BBC
VirtusLifeSciBio
BBP
VirtusNewDynCredit BLHY
WBIPwrFactorHiDiv WBIY
WBITacticalHiIncm WBIH
WBITacticalIncome WBII
WBITacticalLCG WBIE
WBITacticalLCS WBIL
WBITacticalLCV WBIF
WBITacticalLCY WBIG
WBITacticalRotatn WBIR
WBITacticalSMG WBIA
WBITacticalSMS WBID
...
...
...
...
2.3
...
...
...
4.6
4.1
4.2
2.6
.5
.6
.7
3.0
.3
.2
.4
Div
Last Chg. Amt.
16.52
60.46
18.20
28.07
25.51
24.23
29.15
41.55
25.08
24.79
24.64
25.47
24.11
25.34
26.73
23.71
24.86
24.22
23.31
+0.83
+2.21
–0.15
+0.31
–0.08
–0.19
+0.95
+1.03
+0.03
+0.64
+0.06
–0.02
+0.15
+0.14
+0.04
+0.16
–0.01
+0.62
+0.53
...
...
...
...
.1472
...
...
...
.0955
.2565
.0859
.055
.0294
.0388
.0441
.0601
.0162
.0118
.0253
Name
Tick
Sym Yld
WBITacticalSMV WBIB
WBITacticalSMY WBIC
WilshireMicroCap WMCR
Wlshr US REIT
WREI
WisdTrEM LocDebt ELD
WisdTreeMngdFutStr WDTI
WisdTrAsiaLocDebt ALD
WisdTrAPxJp
AXJL
WisdTrAustrDiv AUSE
WisdTrUSAggBd AGGY
WisdTrBloomFR USFR
WisdTrUSDBull USDU
WisdTrBrazilReal BZF
WisdTrCBOES&P500 PUTW
WisdTrChineseYuan CYB
WisdTrContComm GCC
WisdTrEmgCurr CEW
WisdTrEMxSOE XSOE
WisdTrEM HiDiv
DEM
.4
1.5
1.5
3.5
5.0
...
1.7
7.4
5.9
3.0
1.0
...
...
...
...
...
...
.9
8.8
Div
Last Chg. Amt.
25.15
21.47
33.88
46.44
38.59
38.78
45.42
67.00
55.44
50.72
25.02
25.84
18.91
29.48
25.46
18.74
18.97
29.59
43.00
+0.41
+0.28
+1.47
–0.61
–0.85
–0.13
–0.54
–1.73
–1.82
–0.13
–0.03
+0.31
–0.13
+0.11
–0.30
–0.13
–0.27
–0.52
–1.14
.0258
.0267
.4994
.4027
.16
...
.065
1.245
.815
.1275
.02
...
...
.241
...
...
...
.07
.95
Name
Tick
Sym Yld
WisdTrEM SC
DGS
WisdTrEuropeHdg HEDJ
WisdTrEuropeHdgSM EUSC
WisdTrEurQualDiv EUDG
WisdTrEuropeSC DFE
WisdTrGlbXMexico XMX
WisdTrGlbxUSDiv DXUS
WisdTrGlbxUSQual DNL
WisdTrGlbxUSREFd DRW
WisdTrGlbHiDiv
DEW
WisdTrIndiaEarn
EPI
WisdTrIntDivxFin DOO
WisdTrIntlEquity DWM
WisdTrIntlHdgQual IHDG
WisdTrIntlHiDiv
DTH
WisdTrIntlLC Div
DOL
WisdTrIntlMC Div DIM
WisdTrIntlSC
DLS
WisdTrJpnCapGds DXJC
5.5
.1
.9
.8
2.3
1.3
2.0
3.4
3.2
3.2
1.3
2.9
2.2
1.9
3.1
2.3
2.5
2.8
.8
Div
Last Chg. Amt.
49.03
64.70
30.73
26.56
69.47
28.22
25.97
56.49
31.61
47.11
25.17
42.66
54.46
30.66
43.77
49.52
66.33
73.95
26.57
–1.46
+0.92
+0.35
–0.02
+0.07
+0.03
–0.03
–1.01
–0.75
–0.31
–0.48
–0.39
–0.19
+0.15
–0.27
–0.24
–0.31
–0.03
+0.11
.675
.02
.07
.05
.405
.095
.13
.48
.255
.38
.08
.31
.305
.145
.335
.29
.41
.52
.055
Name
Tick
Sym Yld
WisdTrJpnHdgQuDiv JHDG
WisdTrJapanHdg DXJ
WisdTrJpnFinls
DXJF
WisdTrJpnHlthCare DXJH
WisdTrJpnRealEst DXJR
WisdTrJapanSC
DFJ
WisdTrUSDivxFin DTN
WisdTrUSEarn500 EPS
WisdTrUSHiDiv
DHS
WisdTrUSLCDivFd DLN
WisdTrUSLCValueFd EZY
WisdTrUSMCDivFd DON
WisdTrUSMCEarn EZM
WisdTrUSSCDiv
DES
WisdTrUSSCEarn EES
WisdTrUSTotalDivFd DTD
WisdTrUSTotalEarn EXT
WorkplaceEquality EQLT
YieldShHiIncome YYY
.3
.3
.0
.1
.7
.0
5.6
1.7
4.1
3.2
1.5
4.0
1.1
4.5
.9
3.3
1.7
1.3
7.9
Div
Last Chg. Amt.
27.28
54.70
24.21
33.97
14.67
75.02
84.32
87.05
69.91
86.84
75.91
99.95
37.24
84.03
34.97
87.76
89.44
34.56
19.79
+0.30
+0.56
+0.36
+0.17
+0.10
+1.56
+0.11
+0.35
+0.03
+0.18
+0.67
+0.78
+0.62
+2.10
+1.14
+0.31
+0.42
+0.40
–0.03
.02
.045
.0014
.0049
.025
.0017
.395
.38
.24
.235
.29
.33
.105
.315
.08
.24
.38
.4575
.13
October 2, 2017
BARRON’S
M29
Bonds
U.S. Zero Coupons and Other Goverment
Agencys. Source: Bear Stearns Pricing Di- Rate
rect Inc. via Street Software Technology, Inc. 11/8
Treasury Bills, Notes and Bonds, and TIPS. 13/8
Source: Telekurs
11/2
1
11/4
11/2
Wkly
Ask
15/8
Maturity
Bid Asked Chg. Yld.
07/8
Oct 05 '17 0.74 0.73 -0.14 0.74 11/4
Oct 12 '17 0.93 0.92
0.04 0.93 15/8
Oct 19 '17 0.93 0.92 -0.02 0.93 07/8
Oct 26 '17 0.94 0.93
.... 0.95 31/8
Nov 02 '17 0.97 0.96
0.01 0.97 11/8
Nov 09 '17 0.96 0.95 -0.01 0.96 11/4
Nov 16 '17 0.97 0.96
.... 0.97 11/2
Nov 24 '17 1.00 0.99
0.02 1.00 07/8
1
Nov 30 '17 0.99 0.98
0.02 1.00
Dec 07 '17 0.99 0.98 -0.01 0.99 11/4
Dec 14 '17 0.96 0.95 -0.02 0.97 15/8
Dec 21 '17 0.99 0.98 -0.01 1.00 03/4
7
Dec 28 '17 1.05 1.04
0.03 1.05 0 /8
3
Jan 04 '18 1.03 1.02
0.03 1.03 15/8
Jan 11 '18 1.01 1.00
0.01 1.02 13/8
0
/4
Jan 18 '18 1.01 1.00
0.01 1.02
5
Jan 25 '18 1.05 1.04
0.02 1.05 31/8
8
/8
Feb 01 '18 1.07 1.06
0.02 1.07
1
Feb 08 '18 1.08 1.07
0.03 1.09
1/4
1
Feb 15 '18 1.08 1.07
0.02 1.09
5
Feb 22 '18 1.10 1.09
0.01 1.10 17/8
Mar 01 '18 1.12 1.11
0.01 1.13 0 /8
1
Mar 08 '18 1.15 1.14
0.01 1.16
3
Mar 15 '18 1.16 1.15
0.03 1.17 1 /4
1
Mar 22 '18 1.16 1.15
0.01 1.17
1/4
1
Mar 29 '18 1.18 1.17
0.04 1.19
1
Apr 26 '18 1.18 1.17
0.01 1.19 1 /2
1
May 24 '18 1.19 1.18
0.01 1.20
3/8
3
Jun 21 '18 1.20 1.19
0.03 1.21
1
Jul 19 '18 1.24 1.23
0.02 1.25
1/2
1
Aug 16 '18 1.28 1.27
0.01 1.30
13/8
Sep 13 '18 1.28 1.27
0.02 1.30
11/8
15/8
13/8
11/4
13/8
13/8
Wkly Ask
35/8
Rate Mo/Yr
Bid Asked Chg Yld.
81/2
07/8 Mar 18 99:26 99:27 .... 1.19 11/4
7
2 /8 Mar 18 100:26 100:26 – 1 1.21 13/8
03/4 Apr 18 99:24 99:24 .... 1.19 15/8
05/8 Apr 18 99:21 99:21 .... 1.20 11/8
03/4 Apr 18 99:23 99:24 .... 1.20 13/8
25/8 Apr 18 100:25 100:26 – 1 1.22 11/8
May 18 99:27 99:28 + 1 1.20 13/8
1
37/8 May 18 101:19 101:20 – 1 1.23 11/2
91/8 May 18 104:25 104:26 – 5 1.30 31/2
07/8 May 18 99:23 99:24 .... 1.26 83/4
May 18 99:26 99:27 + 1 1.25 13/8
1
23/8 May 18 100:22 100:23 – 1 1.28 11/2
11/8 Jun 18 99:28 99:29 .... 1.26 11/2
05/8 Jun 18 99:16 99:17 .... 1.26 15/8
13/8 Jun 18 100:02 100:02 .... 1.28 17/8
23/8 Jun 18 100:25 100:25 – 1 1.31 11/2
07/8 Jul 18 99:21 99:21 – 1 1.30 15/8
03/4 Jul 18 99:17 99:17 – 1 1.30 2
13/8 Jul 18 100:01 100:02 .... 1.31 11/2
21/4 Jul 18 100:24 100:24 – 1 1.33 25/8
Aug 18 99:22 99:23 .... 1.33 83/4
1
Aug 18 102:09 102:09 – 2 1.34 13/8
4
3
0 /4 Aug 18 99:14 99:15 .... 1.35 21/8
11/2 Aug 18 100:04 100:04 – 2 1.35 13/8
Sep 18 99:21 99:21 – 1 1.36 13/8
1
03/4 Sep 18 99:12 99:13 – 1 1.35 2
3
1 /8 Sep 18 100:00 100:00 – 1 1.36 13/8
07/8 Oct 18 99:15 99:16 .... 1.37 13/4
03/4 Oct 18 99:10 99:11 .... 1.37 25/8
11/4 Oct 18 99:27 99:28 – 1 1.37 15/8
13/4 Oct 18 100:12 100:12 – 2 1.38 2
11/4 Nov 18 99:27 99:27 – 1 1.38 13/4
33/4 Nov 18 102:19 102:19 – 4 1.39 23/8
Nov 18 108:17 108:18 – 5 1.28 13/8
9
Nov 18 99:17 99:18 – 1 1.38 21/8
1
11/4 Nov 18 99:26 99:27 – 1 1.39 35/8
13/8 Nov 18 99:31 99:31 – 1 1.39 77/8
11/4 Dec 18 99:26 99:26 – 2 1.39 11/8
11/4 Dec 18 99:26 99:26 – 2 1.39 2
13/8 Dec 18 99:31 99:31 – 1 1.39 11/4
11/2 Dec 18 100:03 100:04 – 1 1.40 21/4
11/8 Jan 19 99:20 99:21 .... 1.40 13/8
11/8 Jan 19 99:20 99:21 – 1 1.39 21/4
11/4 Jan 19 99:25 99:26 .... 1.40 31/8
11/2 Jan 19 100:04 100:04 – 1 1.40 81/8
03/4 Feb 19 99:03 99:04 – 1 1.40 13/8
23/4 Feb 19 101:26 101:26 – 2 1.40 2
87/8 Feb 19 110:07 110:07 – 6 1.31 11/8
US TREASURY BILLS
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
US NOTES AND
BONDS
Wkly Ask
Mo/Yr Bid Asked Chg. Yld.
Feb 19
Feb 19
Feb 19
Mar 19
Mar 19
Mar 19
Mar 19
Apr 19
Apr 19
Apr 19
May 19
May 19
May 19
May 19
May 19
Jun 19
Jun 19
Jun 19
Jun 19
Jul 19
Jul 19
Jul 19
Jul 19
Aug 19
Aug 19
Aug 19
Aug 19
Aug 19
Aug 19
Sep 19
Sep 19
Sep 19
Oct 19
Oct 19
Oct 19
Nov 19
Nov 19
Nov 19
Nov 19
Dec 19
Dec 19
Dec 19
Jan 20
Jan 20
Jan 20
Feb 20
Feb 20
Feb 20
Feb 20
Feb 20
Mar 20
Mar 20
Mar 20
Apr 20
Apr 20
May 20
May 20
May 20
May 20
May 20
Jun 20
Jun 20
Jun 20
Jul 20
Jul 20
Jul 20
Aug 20
Aug 20
Aug 20
Aug 20
Aug 20
Sep 20
Sep 20
Sep 20
Oct 20
Oct 20
Nov 20
Nov 20
Nov 20
Dec 20
Dec 20
Jan 21
Jan 21
Feb 21
Feb 21
Feb 21
Feb 21
Mar 21
Mar 21
Apr 21
Apr 21
May 21
May 21
May 21
May 21
Jun 21
99:19
99:30
100:03
99:13
99:24
100:04
100:10
99:05
99:23
100:09
99:03
102:23
99:16
99:22
100:03
99:01
99:08
99:21
100:09
98:24
98:31
99:27
100:09
98:22
103:31
112:09
99:04
99:18
100:09
98:27
99:02
100:16
99:00
99:16
100:00
98:31
103:30
98:30
100:00
99:22
99:04
100:07
99:21
99:11
99:21
99:19
104:27
116:10
99:10
99:19
100:05
98:30
99:17
98:29
99:16
99:26
104:31
118:17
99:15
99:25
99:25
100:03
100:25
99:23
100:02
101:03
99:22
102:27
120:00
99:10
101:14
99:10
99:08
101:02
99:06
100:10
102:30
99:27
101:01
100:06
102:06
98:30
101:13
106:11
120:06
98:01
100:31
98:12
101:25
98:24
101:25
104:28
122:14
98:21
100:28
97:22
99:20
99:30
100:04
99:13
99:24
100:04
100:10
99:05
99:23
100:10
99:04
102:23
99:16
99:22
100:03
99:02
99:08
99:21
100:10
98:25
98:31
99:27
100:10
98:22
104:00
112:09
99:04
99:19
100:09
98:28
99:03
100:17
99:01
99:17
100:00
98:31
103:30
98:31
100:00
99:23
99:05
100:08
99:22
99:12
99:21
99:20
104:28
116:11
99:10
99:19
100:06
98:31
99:18
98:29
99:17
99:26
104:31
118:17
99:16
99:26
99:26
100:03
100:25
99:24
100:02
101:03
99:23
102:27
120:01
99:10
101:14
99:10
99:08
101:02
99:06
100:10
102:31
99:28
101:01
100:06
102:06
98:31
101:13
106:11
120:06
98:02
100:31
98:13
101:25
98:24
101:25
104:28
122:15
98:21
100:29
97:22
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1
1
1
2
2
2
2
1
1
1
1
2
2
1
2
1
1
1
1
1
1
1
2
2
3
6
2
2
2
1
1
2
2
1
3
2
3
1
2
2
2
2
2
3
3
3
3
6
3
3
3
3
4
3
3
4
4
6
3
3
3
3
4
3
4
4
3
4
6
3
4
3
4
5
4
4
3
3
4
5
5
4
4
5
5
3
4
4
5
4
5
5
7
4
4
4
1.40
1.41
1.42
1.41
1.41
1.41
1.41
1.43
1.42
1.43
1.42
1.42
1.43
1.43
1.43
1.44
1.43
1.44
1.44
1.45
1.44
1.45
1.45
1.46
1.45
1.43
1.46
1.47
1.47
1.47
1.47
1.48
1.48
1.48
1.49
1.49
1.48
1.49
1.50
1.51
1.51
1.51
1.52
1.53
1.52
1.54
1.53
1.46
1.54
1.54
1.55
1.55
1.56
1.55
1.56
1.57
1.55
1.50
1.57
1.57
1.57
1.59
1.58
1.59
1.60
1.60
1.60
1.60
1.58
1.61
1.61
1.61
1.63
1.63
1.64
1.64
1.65
1.67
1.66
1.69
1.68
1.70
1.69
1.68
1.68
1.71
1.70
1.72
1.72
1.73
1.73
1.73
1.70
1.75
1.75
1.76
Rate
21/8
11/8
21/4
21/8
81/8
11/8
2
11/8
21/8
11/4
2
2
8
13/4
17/8
2
21/8
11/2
17/8
2
13/4
17/8
13/4
17/8
13/4
17/8
13/4
13/4
17/8
13/4
21/8
17/8
2
15/8
71/4
15/8
17/8
13/4
17/8
17/8
15/8
75/8
2
21/8
13/4
2
71/8
11/2
11/2
15/8
13/4
15/8
13/8
11/4
21/2
61/4
13/8
13/8
15/8
23/4
21/8
21/4
23/4
21/8
21/8
2
21/2
2
2
21/8
23/8
17/8
21/8
21/4
71/2
2
75/8
21/8
2
67/8
21/4
15/8
6
15/8
11/2
63/4
2
61/2
21/4
65/8
23/8
21/4
63/8
61/8
51/2
51/4
Wkly Ask
Mo/Yr Bid Asked Chg. Yld.
Jun 21
Jul 21
Jul 21
Aug 21
Aug 21
Aug 21
Aug 21
Sep 21
Sep 21
Oct 21
Oct 21
Nov 21
Nov 21
Nov 21
Nov 21
Dec 21
Dec 21
Jan 22
Jan 22
Feb 22
Feb 22
Feb 22
Mar 22
Mar 22
Apr 22
Apr 22
May 22
May 22
May 22
Jun 22
Jun 22
Jul 22
Jul 22
Aug 22
Aug 22
Aug 22
Aug 22
Sep 22
Sep 22
Oct 22
Nov 22
Nov 22
Nov 22
Dec 22
Jan 23
Feb 23
Feb 23
Feb 23
Mar 23
Apr 23
May 23
May 23
Jun 23
Jul 23
Aug 23
Aug 23
Aug 23
Sep 23
Oct 23
Nov 23
Nov 23
Dec 23
Feb 24
Feb 24
Mar 24
Apr 24
May 24
May 24
Jun 24
Jul 24
Aug 24
Aug 24
Sep 24
Nov 24
Nov 24
Feb 25
Feb 25
May 25
Aug 25
Aug 25
Nov 25
Feb 26
Feb 26
May 26
Aug 26
Aug 26
Nov 26
Nov 26
Feb 27
Feb 27
May 27
Aug 27
Aug 27
Nov 27
Aug 28
Nov 28
101:10
97:18
101:23
101:08
123:25
97:15
100:25
97:12
101:07
97:25
100:23
100:24
124:19
99:21
100:07
100:20
101:04
98:16
100:01
100:20
99:16
100:01
99:14
99:31
99:12
99:29
99:14
99:11
99:29
99:09
100:31
99:25
100:12
98:23
124:25
98:20
99:24
99:03
99:25
99:21
98:14
127:20
100:06
100:24
98:25
100:02
126:07
97:14
97:12
97:30
98:17
97:27
96:13
95:21
102:18
123:11
96:07
96:05
97:16
103:30
100:10
100:31
103:27
100:03
100:01
99:08
102:09
99:06
99:04
99:28
101:13
98:07
99:25
100:16
135:16
98:21
137:13
99:12
98:09
133:31
99:31
95:02
128:25
94:27
93:21
136:07
97:14
134:27
99:13
136:22
100:13
99:10
136:01
134:19
130:12
128:12
101:10
97:19
101:23
101:09
123:25
97:15
100:25
97:12
101:07
97:25
100:23
100:25
124:20
99:21
100:07
100:20
101:04
98:17
100:02
100:21
99:16
100:01
99:14
99:31
99:13
99:30
99:15
99:12
99:30
99:10
100:31
99:26
100:13
98:24
124:25
98:21
99:24
99:03
99:25
99:21
98:15
127:21
100:06
100:24
98:26
100:02
126:07
97:15
97:12
97:30
98:18
97:28
96:14
95:21
102:18
123:11
96:08
96:05
97:17
103:31
100:11
100:31
103:28
100:04
100:02
99:08
102:10
99:06
99:05
99:28
101:14
98:08
99:25
100:17
135:17
98:21
137:13
99:12
98:09
133:31
100:00
95:03
128:25
94:28
93:21
136:07
97:15
134:28
99:13
136:22
100:14
99:11
136:02
134:20
130:14
128:14
– 5 1.76
– 4 1.78
– 5 1.78
– 5 1.78
– 9 1.74
– 5 1.80
– 5 1.79
– 5 1.81
– 6 1.80
– 5 1.81
– 5 1.81
– 5 1.80
– 8 1.78
– 6 1.83
– 5 1.82
– 6 1.84
– 7 1.84
– 5 1.86
– 6 1.86
– 6 1.84
– 7 1.86
– 7 1.86
– 7 1.88
– 7 1.88
– 6 1.89
– 6 1.89
– 6 1.87
– 6 1.89
– 6 1.89
– 7 1.90
– 8 1.91
– 7 1.92
– 7 1.91
– 6 1.90
– 10 1.90
– 7 1.91
– 7 1.93
– 9 1.94
.... 1.92
– 7 1.94
– 6 1.94
– 11 1.93
– 7 1.96
– 7 1.97
– 7 1.99
– 9 1.98
– 12 1.96
– 8 2.00
– 8 2.01
– 9 2.01
– 8 2.02
– 8 2.03
– 9 2.04
– 9 2.04
– 10 2.03
– 13 2.01
– 9 2.05
– 10 2.06
– 10 2.06
– 10 2.06
– 10 2.07
– 11 2.08
– 11 2.10
– 11 2.11
– 11 2.12
– 11 2.12
– 11 2.12
– 11 2.13
– 10 2.14
– 11 2.14
– 12 2.15
– 10 2.15
.... 2.16
– 12 2.17
– 18 2.10
– 12 2.20
– 19 2.11
– 13 2.21
– 14 2.24
– 19 2.16
– 14 2.25
– 14 2.27
– 22 2.21
– 15 2.28
– 16 2.29
– 22 2.23
– 17 2.31
– 23 2.25
– 17 2.32
– 23 2.26
– 18 2.32
– 18 2.33
– 24 2.27
– 17 2.28
– 16 2.32
– 18 2.33
Wkly Ask
Mo/Yr Bid Asked Chg. Yld.
Rate
51/4
61/8
61/4
53/8
41/2
43/4
5
43/8
41/2
31/2
41/4
41/2
43/8
45/8
43/8
37/8
41/4
43/4
43/8
33/4
31/8
31/8
3
23/4
23/4
31/8
27/8
35/8
33/4
35/8
33/8
31/8
3
21/2
3
27/8
3
21/2
21/2
21/4
27/8
3
3
23/4
Feb 29
Aug 29
May 30
Feb 31
Feb 36
Feb 37
May 37
Feb 38
May 38
Feb 39
May 39
Aug 39
Nov 39
Feb 40
May 40
Aug 40
Nov 40
Feb 41
May 41
Aug 41
Nov 41
Feb 42
May 42
Aug 42
Nov 42
Feb 43
May 43
Aug 43
Nov 43
Feb 44
May 44
Aug 44
Nov 44
Feb 45
May 45
Aug 45
Nov 45
Feb 46
May 46
Aug 46
Nov 46
Feb 47
May 47
Aug 47
128:27
138:28
142:02
134:02
128:20
132:25
136:20
127:01
129:03
112:28
125:02
129:07
127:05
131:17
127:13
118:27
125:14
134:09
127:28
116:28
105:25
105:22
103:13
98:23
98:21
105:14
100:23
114:21
117:04
114:27
110:04
105:13
102:30
93:06
102:29
100:12
102:26
92:29
92:27
87:27
100:08
102:26
102:27
97:25
128:29
138:30
142:04
134:04
128:22
132:27
136:22
127:03
129:05
112:30
125:04
129:09
127:07
131:19
127:15
118:29
125:16
134:11
127:29
116:29
105:26
105:23
103:14
98:24
98:22
105:15
100:24
114:22
117:05
114:28
110:05
105:14
102:31
93:07
102:30
100:13
102:27
92:30
92:28
87:28
100:09
102:27
102:28
97:26
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
17
17
20
21
35
37
40
39
40
35
41
43
44
44
42
42
42
47
45
43
40
41
40
40
40
40
40
44
45
44
44
42
42
40
41
41
42
39
39
38
41
40
41
41
2.34
2.35
2.37
2.38
2.54
2.58
2.60
2.65
2.65
2.70
2.71
2.72
2.73
2.73
2.74
2.76
2.75
2.75
2.76
2.78
2.79
2.80
2.81
2.82
2.82
2.82
2.83
2.82
2.82
2.82
2.83
2.83
2.84
2.86
2.85
2.85
2.85
2.86
2.87
2.87
2.86
2.86
2.86
2.86
US ZERO-COUPONS
Maturity
May 19
May 19
May 19
Aug 19
Aug 19
Aug 19
Aug 19
Aug 19
Aug 19
Aug 19
Nov 19
Nov 19
Nov 19
Nov 19
Nov 19
Feb 20
Feb 20
Feb 20
Feb 20
Feb 20
May 20
May 20
May 20
May 20
Aug 20
Aug 20
Aug 20
Aug 20
Nov 20
Nov 20
Nov 20
Nov 20
Nov 20
Feb 21
Feb 21
Feb 21
Feb 21
May 21
May 21
May 21
May 21
Aug 21
Aug 21
Aug 21
Aug 21
Type
ci
np
np
ci
bp
np
np
ci
np
np
ci
np
ci
np
np
ci
bp
ci
bp
np
ci
bp
ci
np
ci
bp
ci
np
ci
np
ci
np
np
ci
bp
ci
np
ci
bp
ci
np
ci
bp
ci
np
Bid
97:17
97:22
97:27
97:09
97:12
97:11
97:13
97:05
97:11
97:09
96:25
97:00
96:26
96:29
96:26
96:16
96:21
96:11
96:14
96:13
96:01
96:06
96:01
95:21
95:15
95:18
95:14
95:17
94:29
94:31
94:25
95:02
95:01
94:11
94:15
94:07
94:12
93:27
94:00
93:27
93:28
93:09
93:15
93:12
92:31
Asked
97:17
97:23
97:28
97:09
97:13
97:11
97:13
97:06
97:12
97:10
96:26
97:01
96:26
96:30
96:27
96:17
96:22
96:12
96:15
96:14
96:02
96:07
96:02
95:22
95:16
95:19
95:14
95:18
94:30
95:00
94:26
95:03
95:02
94:12
94:16
94:08
94:13
93:28
94:01
93:28
93:29
93:11
93:16
93:13
93:00
Wkly
Chg.
— 1
....
— 1
....
....
....
— 1
....
....
— 1
— 1
— 1
— 1
— 1
— 2
....
....
— 1
— 1
— 2
— 1
+ 1
— 1
— 2
....
....
— 2
— 2
....
— 2
....
— 2
— 3
....
....
....
— 5
— 2
— 2
— 2
— 5
— 3
— 3
— 3
— 4
Ask.
Yld.
1.50
1.40
1.30
1.48
1.42
1.44
1.40
1.50
1.40
1.43
1.54
1.42
1.50
1.45
1.49
1.50
1.43
1.54
1.49
1.51
1.54
1.48
1.51
1.67
1.62
1.58
1.61
1.57
1.67
1.65
1.69
1.60
1.61
1.73
1.68
1.74
1.69
1.76
1.70
1.73
1.73
1.79
1.75
1.75
1.87
Maturity
Nov 21
Nov 21
Nov 21
Nov 21
Nov 21
Feb 22
Feb 22
Feb 22
Feb 22
May 22
May 22
May 22
May 22
Aug 22
Aug 22
Aug 22
Aug 22
Nov 22
Nov 22
Nov 22
Nov 22
Nov 22
Feb 23
Feb 23
May 23
May 23
Aug 23
Aug 23
Aug 23
Aug 23
Nov 23
Nov 23
Nov 23
Feb 24
Feb 24
May 24
May 24
Aug 24
Aug 24
Nov 24
Nov 24
Nov 24
Feb 25
Feb 25
Feb 25
May 25
May 25
Aug 25
Aug 25
Aug 25
Nov 25
Nov 25
Feb 26
Feb 26
May 26
May 26
Aug 26
Aug 26
Aug 26
Nov 26
Nov 26
Nov 26
Feb 27
Feb 27
May 27
Aug 27
Aug 27
Nov 27
Nov 27
Feb 28
May 28
Aug 28
Aug 28
Nov 28
Nov 28
Feb 29
Feb 29
May 29
Aug 29
Aug 29
Nov 29
Feb 30
May 30
May 30
Aug 30
Nov 30
Feb 31
Feb 31
May 31
Aug 31
Nov 31
Feb 32
May 32
Aug 32
Type
ci
bp
ci
np
np
ci
np
ci
np
ci
np
ci
np
ci
bp
ci
np
ci
bp
np
ci
np
ci
bp
ci
np
ci
bp
np
np
ci
np
np
ci
np
ci
np
ci
np
ci
bp
np
ci
bp
np
ci
np
ci
bp
np
ci
np
ci
bp
ci
np
ci
bp
np
ci
bp
np
ci
bp
ci
ci
bp
ci
bp
ci
ci
ci
bp
ci
bp
ci
bp
ci
ci
bp
ci
ci
ci
bp
ci
ci
ci
bp
ci
ci
ci
ci
ci
ci
Wkly Ask
Bid Asked Chg. Yld.
92:22
92:29
92:22
92:22
92:15
92:01
92:08
92:01
92:03
91:11
91:22
91:09
91:19
90:24
91:02
90:20
91:01
90:04
90:15
90:16
90:08
90:15
89:13
89:29
88:26
89:07
88:06
88:24
88:23
88:21
87:19
88:03
88:01
86:31
87:13
86:13
86:25
85:24
86:06
85:08
85:29
85:19
84:20
85:11
84:31
83:31
84:12
83:13
84:05
83:25
82:23
83:07
82:02
82:28
81:18
82:02
80:31
81:27
81:17
80:11
81:07
80:29
79:23
80:22
79:04
78:20
79:21
78:03
79:03
77:17
76:28
76:12
77:11
75:21
76:25
75:05
76:08
74:14
73:28
75:08
73:14
72:29
72:13
73:25
71:21
71:05
70:21
72:14
70:00
69:15
68:30
68:14
67:29
67:12
92:23
92:30
92:23
92:24
92:16
92:02
92:09
92:02
92:05
91:12
91:24
91:11
91:20
90:26
91:04
90:21
91:02
90:05
90:17
90:18
90:09
90:17
89:14
89:30
88:27
89:08
88:08
88:25
88:24
88:22
87:21
88:05
88:03
87:01
87:15
86:15
86:27
85:26
86:08
85:10
85:31
85:21
84:22
85:13
85:01
84:01
84:14
83:15
84:07
83:27
82:25
83:09
82:04
82:31
81:20
82:04
81:01
81:30
81:19
80:13
81:09
80:31
79:26
80:24
79:07
78:23
79:23
78:06
79:05
77:19
76:31
76:14
77:14
75:23
76:28
75:08
76:11
74:16
73:31
75:11
73:17
73:00
72:16
73:28
71:24
71:07
70:24
72:18
70:03
69:18
69:02
68:17
68:00
67:15
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
3
3
3
6
5
3
4
3
6
4
4
4
6
4
4
4
7
6
6
5
7
7
7
7
7
7
8
8
7
8
8
8
8
8
9
9
9
12
10
12
12
10
11
11
10
11
10
12
13
11
13
11
14
14
14
12
14
14
13
13
14
14
13
13
13
16
15
14
13
14
14
14
13
15
14
14
13
15
15
14
16
16
17
14
16
18
20
16
21
21
21
22
22
22
1.84
1.79
1.83
1.82
1.88
1.90
1.85
1.88
1.86
1.96
1.88
1.96
1.88
1.99
1.92
2.01
1.91
2.03
1.95
1.95
1.99
1.94
2.09
1.98
2.11
2.03
2.14
2.04
2.04
2.04
2.17
2.07
2.07
2.19
2.11
2.21
2.14
2.24
2.17
2.25
2.14
2.19
2.27
2.15
2.21
2.30
2.23
2.31
2.19
2.25
2.34
2.27
2.37
2.24
2.37
2.30
2.39
2.26
2.31
2.40
2.28
2.33
2.42
2.30
2.44
2.44
2.31
2.45
2.32
2.46
2.48
2.49
2.37
2.52
2.38
2.52
2.39
2.55
2.56
2.40
2.56
2.56
2.57
2.41
2.60
2.60
2.61
2.41
2.62
2.63
2.64
2.65
2.65
2.66
Maturity
Nov 32
Feb 33
May 33
Aug 33
Nov 33
Feb 34
May 34
Aug 34
Nov 34
Feb 35
May 35
Aug 35
Nov 35
Feb 36
Feb 36
May 36
Aug 36
Nov 36
Feb 37
Feb 37
May 37
May 37
Aug 37
Nov 37
Feb 38
Feb 38
May 38
May 38
Aug 38
Nov 38
Feb 39
Feb 39
May 39
May 39
Aug 39
Aug 39
Nov 39
Nov 39
Feb 40
Feb 40
May 40
May 40
Aug 40
Aug 40
Nov 40
Nov 40
Feb 41
Feb 41
May 41
May 41
Aug 41
Aug 41
Nov 41
Nov 41
Feb 42
Feb 42
May 42
May 42
Aug 42
Aug 42
Nov 42
Nov 42
Feb 43
Feb 43
May 43
May 43
Aug 43
Aug 43
Nov 43
Nov 43
Feb 44
Type
ci
ci
ci
ci
ci
ci
ci
ci
ci
ci
ci
ci
ci
ci
bp
ci
ci
ci
ci
bp
ci
bp
ci
ci
ci
bp
ci
bp
ci
ci
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
bp
ci
ci
bp
bp
ci
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
Wkly Ask
Bid Asked Chg. Yld.
66:28
66:11
65:26
65:10
64:25
64:09
63:25
63:08
62:24
62:07
61:23
61:06
60:22
60:10
62:16
59:24
59:06
58:20
58:11
60:07
57:27
59:18
57:05
56:24
56:04
57:24
55:22
57:07
55:06
54:25
54:09
55:18
53:25
54:28
53:11
54:11
52:27
53:26
52:13
53:12
52:28
51:31
51:17
52:12
51:30
51:03
50:20
51:18
50:04
51:04
49:23
50:19
49:11
50:06
48:30
49:24
48:16
49:10
48:06
48:28
47:25
48:14
47:13
48:00
46:29
47:17
46:16
47:06
46:02
46:29
45:24
66:31
66:14
65:30
65:13
64:29
64:12
63:28
63:12
62:27
62:11
61:26
61:10
60:25
60:14
62:20
59:28
59:09
58:24
58:15
60:11
57:31
59:22
57:08
56:28
56:08
57:28
55:25
57:11
55:09
54:28
54:13
55:22
53:29
55:00
53:14
54:15
52:30
53:30
52:17
53:16
53:00
52:03
51:21
52:16
52:02
51:07
50:23
51:22
50:08
51:07
49:26
50:23
49:15
50:10
49:01
49:28
48:19
49:14
48:10
48:31
47:29
48:18
47:17
48:04
47:01
47:21
46:19
47:10
46:06
47:00
45:28
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
23
23
24
24
24
24
25
25
26
26
27
27
25
25
23
25
25
25
24
23
22
23
22
21
21
21
21
22
21
20
20
21
22
22
22
23
22
22
23
23
22
22
21
22
22
22
23
23
23
23
24
25
22
24
24
24
23
24
24
24
23
24
23
24
24
24
23
24
24
24
24
2.67
2.68
2.68
2.69
2.70
2.71
2.71
2.72
2.73
2.74
2.75
2.76
2.77
2.76
2.57
2.77
2.79
2.80
2.79
2.63
2.80
2.65
2.83
2.83
2.85
2.70
2.85
2.71
2.86
2.86
2.87
2.76
2.88
2.78
2.88
2.80
2.90
2.81
2.90
2.82
2.83
2.90
2.91
2.84
2.84
2.92
2.92
2.85
2.93
2.85
2.94
2.87
2.94
2.87
2.94
2.88
2.95
2.88
2.95
2.89
2.95
2.90
2.95
2.90
2.97
2.91
2.97
2.91
2.98
2.91
2.98
Maturity
Feb 44
May 44
May 44
Aug 44
Aug 44
Nov 44
Nov 44
Feb 45
Feb 45
May 45
May 45
Aug 45
Aug 45
Nov 45
Nov 45
Feb 46
Feb 46
May 46
May 46
Aug 46
Aug 46
Nov 46
Nov 46
May 47
May 47
Type
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
ci
bp
Wkly Ask
Bid Asked Chg. Yld.
46:17
45:16
46:05
45:07
45:26
44:28
45:13
44:18
44:31
44:08
44:22
43:31
44:09
43:21
43:31
43:11
43:19
43:01
43:08
42:22
42:31
42:14
42:20
41:29
42:01
46:21
45:20
46:09
45:11
45:30
45:00
45:17
44:22
45:03
44:12
44:25
44:03
44:13
43:25
44:03
43:15
43:23
43:05
43:12
42:26
43:03
42:18
42:24
42:01
42:04
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
24
24
25
23
24
23
24
24
24
24
24
23
23
25
23
23
23
28
24
24
23
23
23
24
24
2.91
2.97
2.91
2.97
2.92
2.97
2.92
2.96
2.93
2.96
2.93
2.96
2.93
2.96
2.93
2.96
2.94
2.96
2.94
2.96
2.94
2.96
2.94
2.95
2.94
INFLATION-INDEXED
TREASURY SECURITIES
Rate
1.625
0.125
1.375
2.125
0.125
1.875
1.375
0.125
1.250
1.125
0.125
0.625
0.125
0.125
0.125
0.125
0.375
0.625
0.125
0.250
2.375
0.375
0.625
2.000
0.125
0.375
2.375
0.375
1.750
3.625
2.500
3.875
3.375
2.125
2.125
0.750
0.625
1.375
0.750
1.000
0.875
Mat.
01/18
04/18
07/18
01/19
04/19
07/19
01/20
04/20
07/20
01/21
04/21
07/21
01/22
04/22
07/22
01/23
07/23
01/24
07/24
01/25
01/25
07/25
01/26
01/26
07/26
01/27
01/27
07/27
01/28
04/28
01/29
04/29
04/32
02/40
02/41
02/42
02/43
02/44
02/45
02/46
02/47
Bid/Asked Chg.
100-20/22
...
100-00/02 – 2
101-19/21 – 3
103-04/06 – 1
100-11/13 – 1
104-05/07 – 1
103-19/21 – 2
100-16/18 – 2
104-06/08 – 2
103-32/02 – 2
100-10/12 – 3
102-26/28 – 3
100-08/16 – 5
99-30/06 – 6
100-14/22 – 4
99-23/31 – 6
101-09/17 – 8
102-02/10 – 10
98-30/06 – 11
98-30/06 – 13
114-06/14 – 14
99-30/06 – 16
101-10/18 – 16
112-12/22 – 18
97-05/15 – 18
98-24/02 – 18
116-27/05 – 20
98-32/10 – 18
111-29/07 – 19
130-28/11 – 21
120-20/04 – 21
136-00/15 – 23
137-27/10 – 30
125-27/10 – 40
126-18/01 – 38
96-19/02 – 34
93-14/30 – 34
110-11/26 – 40
95-12/26 – 40
101-13/28 – 43
98-18/00 – 43
*Yld
-0.776
-0.021
-0.724
-0.335
-0.144
-0.479
-0.217
-0.090
-0.275
-0.104
0.015
-0.128
0.007
0.085
-0.017
0.132
0.111
0.254
0.247
0.361
0.364
0.350
0.433
0.438
0.418
0.479
0.483
0.449
0.528
0.557
0.566
0.598
0.615
0.833
0.847
0.884
0.893
0.913
0.923
0.924
0.913
Accr.
Prin.
1168
1058
1135
1140
1044
1146
1132
1045
1122
1119
1032
1086
1081
1006
1064
1060
1051
1049
1030
1033
1298
1032
1030
1233
1021
1013
1213
1000
1168
1513
1140
1489
1379
1132
1117
1083
1064
1050
1039
1033
1014
*Yld. to maturity on accrued principal.
OTHER AGENCY SECURITIES
Rate
Mat.
Bid
Fannie Mae Issues
6.25 5-29 135:02
7.12 1-30 145:12
7.25 5-30 147:24
6.62 11-30 142:02
Freddie Mac
6.75 9-29 140:29
6.75 3-31 144:11
6.25 7-32 140:31
GNMA Mtge. Issues
2.00 30Yr
95:28
2.50 30Yr
97:31
3.00 30Yr 101:13
3.50 30Yr 103:31
4.00 30Yr 105:10
4.50 30Yr 106:30
5.00 30Yr 109:04
Asked
135:06
145:16
147:28
142:06
Yld.
Rate
2.70
2.74
2.74
2.77
141:01 2.71
144:15 2.77
141:04 2.83
95:28
98:00
101:14
104:00
105:10
106:31
109:04
...
...
...
...
...
...
...
Mat.
Bid
Asked
Yld.
5.50 30Yr 110:21 110:22
...
6.00 30Yr 112:19 112:20
...
6.50 30Yr 110:23 110:24
...
7.00 30Yr 112:12 112:13
...
7.50 30Yr 115:16 115:17
...
8.00 30Yr 114:08 114:09
...
8.50 30Yr 113:08 113:09
...
9.00 30Yr
98:28
98:29
...
9.50 30Yr
98:28
98:29
...
10.00 30Yr
98:28
98:29
...
10.50 30Yr
98:28
98:29
...
11.00 30Yr
98:28
98:29
...
11.50 30Yr
98:28
98:29
...
12.00 30Yr
98:28
98:29
...
Tennessee Valley Authority
6.25 12-17 101:01 101:02 0.96
6.75 11-25 130:15 130:20 2.53
MUNI ISSUES
Friday, September 29, 2017
Issue
Coupon
Building Aid Revenue Bonds, Fiscal 2016
California (State) various purpose gener
California St Pub Wks lease revenue Seri
Chattanooga Hlth Educ & Hsg Fac Bd TN re
Consolidated Bds, One Hundrd Ninety-Thir
General Obligation Bonds
General Revenue Bonds , Series 2017 AV
Grand Parkway Transp TX subordinate tier
Health Facilities Revenue Bonds
Health System Rev Bds Srs 2016A and 2016
4.000
5.000
5.000
5.250
4.000
4.000
4.000
5.000
4.000
4.000
Maturity
07-15-45
11-01-43
11-01-38
01-01-45
10-15-45
08-01-42
05-15-45
04-01-53
11-15-45
11-01-51
Price
104
1153/4
1148/9
1063/5
105
1064/9
106
1133/8
1016/7
1013/5
YTM
3.44
2.23
2.37
3.86
3.28
3.24
3.28
2.59
3.70
3.77
Issue
Coupon
Maturity
Hospital Facilities Revenue Bonds, Serie 4.125 05-15-45
Hospital Facilities Revenue Bonds, Serie 4.000 08-01-47
Hospital Facs Rev Ref & Improve Bonds, S 4.000 11-01-44
Hospital Revenue Refunding Bonds, Series 4.000 11-15-46
Illinois (State) GOs Series 2013 5.500 07-01-38
Jefferson Co AL sr lien sewer Series 20 5.500 10-01-53
Jefferson Co AL sr lien sewer Series 201 5.250 10-01-48
KaiserPermanenteRevenueBondsSeries2 4.000 11-01-44
KaiserPermanenteRevenueBondsSeries2 4.000 11-01-38
Lehigh Co Auth PA wtr & swr rev bds Ser 5.000 12-01-43
Metro Transp Auth NY transp rev bonds Se 5.000 11-15-43
Price
1031/3
102
1022/7
102
1083/5
1135/6
1131/4
1044/7
1054/5
113
1143/5
YTM
3.63
3.73
3.63
3.75
3.83
3.52
3.36
3.46
3.32
2.70
2.43
Issue
Coupon
Maturity
Metro Transp Auth NY transp rev Ser 2013 5.000 11-15-38
Missouri St Hlth & Ed hospital rev Ser 2 4.000 11-15-42
Nebraska Health Facilities Revenue Bonds 3.000 05-15-46
NJ Trans Trust Fnd Auth
5.000 06-15-44
NYC Muni Water Fin Auth Series Fiscal 2 5.000 06-15-46
NYC Transitional Fin tax
5.000 11-01-38
Port Auth of NY and NJ Consolidated Bond 5.000 12-01-38
Revenue&RevenueRefundingBonds,Serie 4.000 04-01-45
Revenue Bonds, Series 2015A 4.000 10-01-45
Revenue Bonds, Series 2016A 3.000 10-01-41
Revenue Bonds, Series 2016A 3.000 10-01-47
Price
1151/6
1015/7
863/5
1051/6
114
1155/8
1151/4
1021/2
1031/9
894/5
868/9
YTM
2.34
3.63
3.76
3.99
2.36
2.25
2.34
3.61
3.55
3.63
3.72
Issue
Coupon
Maturity
Price YTM
Revenue Bonds, Series 2016A 4.000 08-15-39 1047/8
3.36
Second Indenture Revenue Bonds Fiscal 20 4.000 02-15-44 1053/4
3.29
South Carolina Public Service Auth reven 5.500 12-01-53 1121/4
3.30
South Carolina Public Service Auth reven 5.000 12-01-48
109
3.39
The City Of New York GO Bonds, Fiscal 20 4.000 03-01-39 1051/3
3.09
TheNewSchoolRevenueBondsSeries2016 4.000 07-01-43 1032/3
3.53
Transportation Program Bonds, Series 201 4.250 06-15-44
100
4.25
Turnpike Subordinate Revenue RefundingB 3.750 12-01-41
911/6
4.34
Obligations issued by a state or municipality whose interest payments are
exempt from Federal, and possibly from local taxation as well. n-new issue.
Source The Bond Buyer.
M30
BARRON’S
Foreign Markets
Complete FOREIGN EXCHANGE LIST: Page M42
Europe
Key Cross Rates $1=€0.8465, ¥112.50, £0.7463
Asia
GLOBAL STOCK MARKETS
In Power: Germany’s Merkel sought a coalition,
its unemployment fell, and its markets rose.
S&P Europe BMI
1.33%
Belgium
2.65
Sweden
2.29
Germany
1.73
Netherlands
1.59
Norway
1.32
France
1.03
U.K.
0.99
Spain
0.87
Italy
0.81
Finland
0.69
Switzerland
0.25
Denmark
0.20
-3.43
Week's
% Chg.
Index
0.7
0.7
0
–0.5
2.7
1.4
–0.2
0.7
1.1
1.8
–5.7
–1.0
3.5
0.5
0.3
1.5
–0.3
1.6
0.3
0.2
0.9
2.4
0.2
0.8
0.7
The World
E.A.F.E.2
Australia
Austria
Belgium
Canada
Denmark
Finland
France
Germany
Greece
Hong Kong
Ireland
Italy
Japan
Netherlands
New Zealand
Norway
Portugal3
Singapore
Spain
Sweden
Switzerland
U.K.
U.S.A.
9/29
1511.5
1126.4
1148.0
643.7
1268.1
1999.0
8419.3
691.1
1916.2
1042.7
59.5
16356.7
227.8
771.2
989.8
1654.1
130.5
2855.8
92.8
1672.5
999.2
12920.9
1218.2
2140.3
2399.9
52-wk Range
1511.5– 1265.3
1126.4– 950.5
1214.7– 1036.8
646.8– 433.9
1319.9– 1139.8
2035.4– 1844.8
8493.0– 6662.5
734.2– 575.4
1938.2– 1560.5
1049.9– 863.0
74.1– 48.7
16711.2– 12932.6
242.9– 203.3
771.2– 565.8
991.2– 779.2
1654.1– 1335.9
138.5– 124.5
2855.8– 2297.7
93.1– 75.6
1744.2– 1424.1
1058.5– 798.5
13071.1– 10815.2
1219.5– 1010.9
2194.7– 1946.3
2399.9– 1986.3
Week's
% Chg.
0.3
–0.2
–1.7
–1.7
1.5
–0.3
–1.4
–0.5
–0.2
0.6
–6.9
–1.0
2.2
–0.7
–0.3
0.4
–1.7
–0.7
–0.9
–0.8
–0.4
0
0.4
0
0.7
9/29
52-wk Range
2000.6
1973.8
804.5
1437.8
1858.0
1728.3
10031.6
542.0
1914.8
2305.9
26.1
11635.1
205.4
294.3
3170.7
3191.0
143.3
2562.6
71.9
3789.6
496.9
8188.2
5407.1
1196.6
2399.9
2000.6– 1660.1
1981.5– 1614.2
833.8– 708.7
1462.7– 913.3
1872.9– 1496.7
1744.2– 1489.3
10174.3– 7099.8
549.9– 411.6
1918.3– 1433.4
2305.9– 1752.0
31.7– 19.9
11879.0– 9260.2
205.4– 171.0
296.4– 193.7
3200.4– 2687.6
3200.7– 2347.3
153.1– 134.4
2593.5– 1971.7
72.8– 53.1
3945.4– 3110.6
508.4– 357.1
8191.2– 6246.9
5412.7– 4343.8
1196.6– 1010.5
2399.9– 1986.3
Source: S&P DJ Indices
Week’s
%Chg.
Amsterdam AEX
537.06 +1.71
Athens General
755.61
Bangkok SET
Bombay Sensex
Brussels Bel-20
Buenos Aires Merval
Year-to-Date
Chg.
% Chg.
+53.89+11.15
Mexico City IPC
1673.16 +0.85
+130.22 +8.44
Milan FTSE All Share
31283
–2.00 +4657.26+17.49
4017.75 +1.51
+411.39+11.41
26078 +4.34 +9160.43+54.15
Caracas General
489499 +15.75 +457794+1443.91
Colombo All Share
6438.24 +0.17
+209.98 +3.37
Copenhagen OMX 20
1024.14
–0.07
+140.18+15.86
Dublin ISEQ
6881.75 +2.71
+364.51 +5.59
388.99 +1.32
+38.73+11.06
3594.85 +1.51
+304.33 +9.25
EURO STOXX SXXE
EURO STOXX 50 SXSE
Frankfurt DAX
Helsinki OMHX
Hong Kong Hang Seng
Manila Composite
+111.97+17.40
12828 +1.88 +1347.80+11.74
9652.33 +0.88
27554
+750.81 +8.43
–1.17 +5553.74+25.24
Istanbul IMKB
102907
–1.17
+24769+31.70
Jakarta Composite
5900.85
–0.18
+604.14+11.41
Johannesburg All Share
55579
Kuala Lumpur Composite
1755.58
Moscow RTS
Week’s
%Chg.
8171.43
Year-to-Date
Chg.
% Chg.
–1.33 +1330.79+19.45
50346 +0.06 +4703.16+10.30
25024 +0.81 +4088.33+19.53
1136.75 +1.20
–15.58 –1.35
861.50 +1.32
+96.84+12.66
Paris CAC
5329.81 +0.92
+467.50 +9.61
Santiago Selective
4055.19 +0.98
+832.02+25.81
Oslo Composite
Sao Paulo Bovespa
–1.45
+14066+23.36
Seoul Composite
2394.47 +0.24
74293
+368.01+18.16
Shanghai Composite
3348.94
–0.11
+245.31 +7.90
Shenzhen B Share Idx
1196.54 +0.91
+68.84 +6.10
Singapore FTSE STI
3219.91
–0.01
+339.15+11.77
585.67 +2.08
+51.11 +9.56
STOXX Europe 50 SXSP
3172.79 +1.50
+162.24 +5.39
STOXX Europe 600 SXXP
388.16 +1.29
+26.74 +7.40
Stockholm OMXS
Sydney S&P/ASX 200
Taipel Weighted
Tel Aviv 125 Index
5681.60
10329
1292.44
–0.01
+15.80 +0.28
–1.15 +1076.44+11.63
–0.22
+10.07 +0.79
–0.47 +4926.38 +9.73
Tokyo Nikkei-225
20356 +0.29 +1241.91 +6.50
–0.87
+113.85 +6.93
Toronto S&P/TSX
15634 +1.17
+347.35 +2.27
LISBON PSI
2996.15 +1.28
+476.00+18.89
Vienna ATX
3315.97 +0.30
+697.54+26.64
London FTSE - 100
7372.76 +0.85
+229.93 +3.22
Wellington S&P/NZX 50
7930.40 +1.48 +1049.18+15.25
Zurich Swiss
9157.46 +0.23
Madrid IBEX 35
10381 +0.74 +1029.40+11.01
S&P Pan Asia BMI
Thailand
1.03
New Zealand
0.95
Japan
0.60
Singapore
0.28
Australia 0.03
-0.07
-0.25
-0.74
South Korea
Indonesia
Malaysia
-0.90
Hong Kong
-1.13
Philippines
-1.28
Taiwan
-1.60
India
-1.95
China
Source: S&P DJ Indices
S&P Global Broad Market Indices
Most Recent
Close
–2.37
-0.30%
Indexes based on S&P Global Broad Market Indices
KEY FOREIGN STOCK MARKET INDEXES
Most Recent
Close
Asian Expansion: Stocks in Japan, Shanghai
and Hong Kong markets had a good quarter.
In U.S. Dollars1
In Local Currencies
Base Jan. 1, 1970=1001Adjusted for foreign exchange fluctuations relative to the U.S. $.
2Europe, Australasia, Far East Index.3Base: Jan. 1, 1988=100.
Source: Morgan Stanley Capital International Perspective, Geneva.
Greece
Indexes based on S&P Global Broad Market Indices
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
+937.59+11.41
Indexes are based on local currencies. Because of various holidays and other market closings, the most recent close is not necessarily
that of the week of publication.
Region/
Country
S&P Global
Indexes,
Local Curr.
09/29/17
Americas
Brazil
779.50
Canada
481.59
Chile
411.81
Mexico
834.65
U.S.
26148.54
Latin America
Europe
Austria
332.13
Belgium
428.43
Denmark
1656.04
Finland
1437.87
France
400.85
Germany
500.72
Greece
20.40
Ireland
649.23
Italy
229.09
Netherlands
566.36
Norway
576.38
Portugal
65.69
Russia
1679.84
Spain
469.07
Sweden
1123.83
Switzerland
536.79
United Kingdom
296.26
South Africa
906.83
Pacific Region
Australia
400.97
China
483.12
Hong Kong
488.27
India
978.44
Japan
130.29
Malaysia
271.07
New Zealand
269.88
Philippines
422.82
Singapore
176.44
South Korea
875.80
Taiwan
102.49
Thailand
370.66
Euro Zone
Europe Developed (ex U.K.)
Europe (Nordic)
Pacific (ex. Japan)
World (ex US)
S&P Global Broad Market Indices
GLOBAL DOW
Indexes based on 12/31/91=1000.
Wkly
% Chg.
—
—
—
—
—
—
—
—
—
—
1.54
1.18
1.09
0.08
0.86
0.43
2.65
0.20
0.69
1.03
1.73
3.43
2.77
0.81
1.59
1.32
1.21
1.40
0.87
2.29
0.25
0.99
1.28
0.03
1.95
0.90
1.60
0.60
0.74
0.95
1.13
0.28
0.07
1.28
1.03
S&P Global
Indexes,
U.S. $
09/29/17
283.52
275.04
489.42
282.54
370.99
26148.54
293.96
401.23
325.91
420.40
1650.25
1410.92
393.34
491.34
21.91
637.06
224.79
555.74
505.37
70.55
221.32
460.28
975.06
809.82
263.23
326.67
227.27
456.77
581.84
484.83
588.00
144.52
168.09
379.93
332.10
212.63
1296.12
110.37
535.67
151.53
511.57
998.69
310.99
207.48
243.31
2907.67
Wkly
% Chg.
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.69
2.67
0.47
1.27
2.16
0.86
2.22
0.09
0.80
1.39
1.06
0.55
0.21
0.48
4.61
1.51
0.43
0.34
0.90
0.03
1.30
0.37
0.13
0.37
0.16
3.37
0.90
1.62
1.97
0.92
2.39
0.04
1.32
0.52
1.26
0.65
0.84
1.72
0.27
0.07
0.06
0.53
1.52
0.52
0.17
0.07
SP Global
Indexes,
U.S. $ on
12/31/16
Point
Chg.
From
12/31/16
% Chg.
From
12/31/16
251.96
217.90
446.00
214.33
299.01
23276.73
234.30
331.52
224.02
352.36
1260.70
1167.46
313.92
394.91
18.39
526.92
170.13
428.99
427.30
56.04
216.94
368.43
798.14
682.66
232.55
301.20
190.86
418.55
426.76
401.18
459.79
127.03
144.84
328.83
286.87
177.74
1018.14
92.01
458.60
120.67
412.03
808.12
252.84
174.36
210.58
2531.51
31.56
57.14
43.42
68.21
71.98
2871.81
59.66
69.71
101.89
68.04
389.55
243.46
79.42
96.43
3.51
110.14
54.67
126.75
78.07
14.51
4.38
91.86
176.92
127.16
30.67
25.47
36.40
38.22
155.07
83.65
128.20
17.49
23.25
51.10
45.23
34.88
277.98
18.37
77.06
30.86
99.54
190.57
58.16
33.12
32.74
376.16
12.53
26.22
9.73
31.82
24.07
12.34
25.46
21.03
45.48
19.31
30.90
20.85
25.30
24.42
19.10
20.90
32.13
29.55
18.27
25.90
2.02
24.93
22.17
18.63
13.19
8.45
19.07
9.13
36.34
20.85
27.88
13.76
16.05
15.54
15.77
19.62
27.30
19.96
16.80
25.57
24.16
23.58
23.00
19.00
15.55
14.86
s2017 S&P Dow Jones Indices. All Rights Reserved.
October 2, 2017
BARRON’S
M31
Mutual Funds
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
A
AB Funds:
AllMktRlRtnPtZ 8.73 0.01
IntDurInstl
15.08 -0.03
IntlStraEquPtZ 12.73 -0.03
MuniIncmShares 11.53 -0.05
AB Funds - A:
BalWlthStrA p 14.69 -0.03
GlobalBondA p 8.42 NA
74.38 0.31
GrowthA p
HighIncomeA p 8.94 NA
LgCpGrA p
46.48 0.25
10.30 -0.04
NtlMuA p
RelatValA p
6.19 0.05
SmMdCpGrA p 10.66 0.14
SustGlblThemGrA p 109.62 -0.32
AB Funds - ADV:
GlbBd
8.42 NA
HiIncmAdv
8.95 NA
IntlSmCapPtADV 12.72 0.01
IntlStraEquPtADV 12.72 -0.03
IntmedDivMuni 14.42 -0.04
50.29 0.27
LgCpGrAdv
SelectUSLgShrt 12.77 0.04
SmCapCorePortADV 12.25 0.34
11.31 0.14
SmMdCpGr
SmMidCpValAdv 23.46 0.51
TxMgdWlthAppAdv 17.27 0.07
16.59 0.07
WlthApprStr
AB Funds - C:
HighIncomeC p 9.05 NA
AB Funds - I:
GlbBd
8.42 NA
AB Funds - K:
AllMktRtrn1
8.66 0.01
Acadian Emerging Markets:
AcadnEm Inv 21.31 -0.48
AdvisorTwo:
10.50 -0.03
FrTRInst
AIG Funds:
18.74 0.03
FDivStII t
Akre Funds:
AkreFocusInst 31.06 0.27
AkreFocusRtl 30.50 0.27
Alger Funds A:
24.72 0.14
CapApr
20.47 0.12
SpectraN
Alger Funds Inst:
CapApprI
32.47 0.17
Allianz Fds Admin:
73.87 0.39
RCMTechI
Allianz Fds Instl:
17.99 0.14
NFJDivVal
SmCpVl
27.79 0.64
Allianz Funds A:
17.89 0.14
NFJDivVal t
25.22 0.58
SmCpV A
Alpine Funds:
TxOptInc
10.04 0.00
Amana Income:
AmanaIncm n 50.35 0.33
AmanaGrowth n:
AmanaGrowth n 36.27 0.14
Amer Beacon Insti:
IntlInst
20.60 0.03
30.61 0.29
LgCapinst
28.07 0.32
LgCpVal Inst
29.11 0.84
SmCpInst
Amer Beacon Inv:
28.58 0.27
LgCapInv
SmCapInv
28.08 0.81
American Century A:
EqIncA p
9.49 NA
18.06 NA
MdCapVal p
American Century C:
EqIncC p
9.49 NA
American Century G:
10.35 NA
GlBond
11.63 NA
InfAdjBd
NT MdCapVal 14.04 NA
NTCoreEquityPlus 15.81 NA
NTDvBnd
10.80 NA
13.51 NA
NTEqGrp
17.56 NA
NTGrwth
14.10 NA
NTHeritage
12.15 NA
NT IntlGr
10.43 NA
NTIntlVal
NTLgVal
12.07 NA
American Century I:
10.82 NA
DivBnd
EqInc
9.50 NA
Growth
33.97 NA
11.38 NA
IntTF
18.09 NA
MdCapVal
OneChoice2020 12.57 NA
OneChoice2025 14.90 NA
OneChoice2030 12.95 NA
OneChoice2035 16.17 NA
OneChoice2040 13.59 NA
OneChoice2045 17.05 NA
Value
9.08 NA
American Century Inv:
33.39 NA
AllCpGr n
5.4 -13.0
3.4 9.9
25.5 NS
7.4 19.0
8.8
NA
24.1
NA
22.8
4.7
11.7
21.7
28.1
13.9
NA
44.5
NA
47.4
10.1
31.3
30.3
35.4
NA
NA
26.2
25.7
3.2
23.0
7.0
4.4
21.7
6.6
16.3
15.3
NA
NA
NS
NS
NS
48.5
12.2
NS
31.0
33.0
22.5
20.7
NA
NA
NA
NA
5.2 -13.5
29.3 16.8
4.0
9.9
11.4 30.6
22.3 45.7
22.0 44.6
23.2 36.0
22.9 35.5
22.9 35.6
36.5 55.4
8.9 17.8
6.5 21.6
8.6 16.6
6.3 20.2
0.8
2.0
13.7 25.7
20.7 37.3
19.4
11.1
7.6
5.4
11.5
24.2
28.7
34.7
10.8 22.9
5.1 33.4
NA
NA
NA
NA
NA
NA
NS
NS
NA
NA
NA
NA
NA
NA
NA
NA
NA
NS
NS
NA
NA
NA
NA
NA
NA
NA
NS
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
18.96
Balanced n
CaHYMu n
10.59
11.92
CAIntTF n
10.82
DivBnd n
EmgMkt nr
11.57
33.00
EqGro n
EqInc n
9.49
10.51
GinnieMae n
11.00
GovtBd n
33.40
Grwth n
23.17
Heritage n
IncGro n
39.46
11.63
InfAdjBd n
10.26
InfProBd n
13.36
Intl Gr n
IntTF n
11.38
10.23
LgComVal n
18.09
MdCapVal n
OneChAgg n
16.69
13.72
OneChCon n
15.60
OneChMod n
OneChoice2020 n 12.56
OneChoice2025 n 14.89
OneChoice2030 n 12.94
OneChoice2035 n 16.14
OneChoice2040 n 13.58
OneChoice2045 n 17.01
OneChoiceRet n 13.27
28.73
Real n
Select n
69.52
15.72
SmallCo n
SmCpVal n
9.72
42.91
Ultra n
Value n
9.07
American Century R6:
EqInc
9.51
33.97
Growth
18.09
MdCapVal
American Century Y:
11.38
IntTF
American Funds Cl A:
2010TarRetA p 10.95
2015TarRetA p 11.63
2020TarRetA p 12.54
2025TarRetA p 13.32
2030TarRetA p 14.20
2035TarRetA p 14.52
2040TarRetA p 14.84
2045TarRetA p 15.03
2050TarRetA p 14.71
AmcpA p
30.90
40.66
AMutlA p
27.00
BalA p
12.97
BondA p
62.74
CapIBA p
19.99
CapWA p
51.22
CapWGrA
EupacA p
55.46
61.81
FdInvA p
32.31
GBalA p
13.79
GovtA p
GwthA p
49.60
10.48
HI TrA p
15.87
HiInMuniA
40.39
ICAA p
IncoA p
23.23
13.43
IntBdA p
33.78
IntlGrIncA p
15.76
LtdTEBdA
43.54
N PerA p
45.78
NEcoA p
64.65
NwWrldA
55.60
SmCpA p
STBFA p
9.95
10.14
STTxExBdA
17.65
TECAA p
12.99
TxExA p
WshA p
44.53
AMG Funds:
12.80
RRDivAcValI
AMG Managers Funds:
Brandywine I n 44.48
FairpointeMdCpI 44.24
FairpteMCpN 43.19
GWKMBd I
11.71
LoomisSaylesBd I 27.21
LoomisSaylesBd N n 27.22
M&C Growth I 20.44
PictetIntl I
11.40
SkylineSpcEqFd N n 46.51
SouthSunUSEq I 14.14
TSSmCapGrFd Z 20.38
TSSmCpGrFd Z 18.21
YachtmanFocFd I 21.85
YacktFocFd N n 21.86
YacktmanFd I n 23.53
Angel Oak Funds Trst:
AglOkMtiStFdClIn 11.29
AQR Funds:
12.56
EqMktNeut I
LgCapDefStyle I 18.18
LgCapMomStyle I 21.87
LgCpMultiStyle R 16.80
LngShrtEq I
14.64
14.67
LngShrtEq R
0.10 9.5 17.8
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NS
NS
0.01
0.01
0.02
0.03
0.04
0.05
0.05
0.05
0.05
0.16
0.21
0.11
-0.02
0.09
-0.13
0.09
-0.25
0.47
0.00
-0.03
0.28
0.03
-0.05
0.21
0.04
-0.02
-0.04
-0.04
0.07
0.13
-0.24
0.42
-0.01
-0.02
-0.06
-0.05
0.33
7.7
8.3
9.5
11.3
13.5
15.3
15.9
16.2
16.3
15.1
12.0
10.5
3.3
11.5
6.9
18.7
25.5
15.7
11.1
2.1
18.0
6.3
6.8
12.8
9.6
1.5
21.4
2.9
23.2
27.3
25.7
20.9
1.0
1.9
4.6
4.3
12.9
15.7
16.6
18.3
20.5
24.0
26.5
27.3
27.8
28.0
30.3
30.8
25.6
7.9
17.1
3.5
23.3
22.8
38.0
13.3
5.6
37.8
13.2
15.6
30.3
21.5
4.0
9.1
4.3
34.2
37.4
17.8
34.0
2.5
2.2
9.4
9.5
31.7
0.10
0.48
0.81
0.78
-0.06
-0.11
-0.10
0.11
0.04
1.48
0.18
0.18
0.35
-0.14
-0.14
-0.04
0.00
NA
NA
NA
NA
NA
NA
5.0 26.0
17.9
6.1
5.9
4.8
6.2
6.2
16.7
23.0
7.4
8.7
15.7
15.0
11.1
11.0
10.0
32.9
22.7
21.8
9.3
10.1
9.9
26.1
27.3
32.1
8.3
28.6
36.1
23.8
23.2
21.8
4.8 12.2
NA
NA
NA
NA
NA
NA
NS
NA
NA
NA
NA
NA
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
CASH TRACK
Selling Stock Funds: Equity funds saw $1.5 billion in net outflows based on the latest
four-week moving averages, according to Lipper. Money-market funds had $6.3 billion in
inflows, taxable-bond funds took in $5.6 billion, and muni-bond funds brought in $767
million. Equity mutual fund managers raised a little cash in August, taking their cash-equivalent position up to 3.3% of assets from 3.2% in July, according to new figures provided
by the Investment Company Institute in Washington D.C.
Equity Funds
2700
Municipal Bond Funds
1010
1000
750
-700
490
-2400
230
C
-30
Calamos Funds:
32.52
Gr&IncA p
32.69
Gr&IncC t
31.35
Gr&IncI
34.68
GrowthA p
13.37
MktNeutA p
13.22
MktNeutI
Calvert Investments:
43.32
InvEq p
32.59
BalPortA p
Cambiar Funds:
27.97
IntlEqInv r
CausewayInst :
CausewayInst 16.78
CausewayInv n:
CausewayInv n 16.64
CG Cap Mkt Fnds:
CoreFxIcm n
8.14
12.69
IntlEq n
19.15
LgCapEq n
Sm-MdCapEq n 20.37
CGM Funds:
51.43
Focus n
34.70
Realty n
ChamplainSmCo pn:
ChamplainSmCo pn 21.44
ClearBridge:
AggressGrowthA 208.28
AggressGrowthC 169.51
AggressGrowthI 228.81
AggressGrowthIS 231.18
AllCapValueA 15.81
AppreciationA 23.43
AppreciationI 23.32
AppreciationIS 23.40
DividendStrat1 n 23.66
DividendStratA 23.64
DividendStratI 24.23
LargeCapGrowthA 39.43
LargeCapGrowthI 43.54
LargeCapValueI 32.23
34.30
MidCapA
37.79
MidCapI
SmallCapGrowthA 31.94
SmallCapGrowthI 33.91
SmallCapGrowthIS 34.21
Clipper:
118.53
ClipperFd n
Cohen & Steers:
44.04
InstlRlty
PrefSecIncmA 14.20
PrefSecIncmC 14.12
14.23
PrefSecIncnI
14.50
RltyIncA p
15.25
RltyIncI
66.08
RltyShs n
Colorado BondShares:
ColoradoBdShs 9.05
Columbia Class A:
15.15
AcornA t
AMTTEBd
4.04
40.76
BalancedA t
13.38
BldrAggrsv
11.68
BldrMod p
25.78
ContCoreA p
DisplCoreA p 11.78
21.27
DivIncA t
10.04
DivOpptyA
14.60
DivrEqInc A
13.60
EqValA
17.65
FocEqA w/ t
Gbl Stgic Eq A p 14.75
40.89
GlobTech
HiYldBd
3.00
IncmBldr t
11.98
LgCpGrowA t 40.51
48.12
LgCpIdx pn
13.01
LiGoBalA p
MdCpIndxA pn 16.63
-4100
Aug
Sep
Aug
Money Market Funds
20600
Sep
Taxable Bond Funds
7700
12200
Aug
6000
3800
4300
-4600
2600
Sep
Aug
Sep
The charts above show four-week moving averages of net cash flow in millions of dollars. Those below are for last month.
Monthly Equity Cash Flow ($bils)
6
Equity Portfolio Cash as % of Assets
-10
3.1
-42
O
N
D
J
F
M
A
M
J
J
A
3.5
3.3
-26
S
2.9
S
O
N
D
J
F
M
A
M
J
J
A
BARRON'S • Lipper FMI; Investment Company Institute
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
MgdFutStrI
8.80 NA
MgdFutStrN
8.68 NA
MgdFutStr R
8.81 NA
MultiStrAltI
9.79 NA
MultiStratAlt R 9.81 NA
SmCpMultiStyle R 16.09 NA
StylePremAlt I 10.55 NA
StylePremAlt R 10.58 NA
Aquila Funds:
11.40 -0.04
HI TF A
ArbitrageI n:
13.56 0.00
ArbitrageI n
Ariel Investments:
ApprecInv pn 50.91 0.46
Ariel Inv pn
69.11 1.29
Artisan Funds:
25.92 -0.21
GblOppInst
25.69 -0.20
GblOppInv n
17.87 0.09
GblValInv n
Intl Inv n
32.28 0.01
32.50 0.01
IntlInst
IntlVal Inst
39.28 0.11
39.08 0.10
IntlVal Inv n
45.84 -0.15
MidCapInst
42.58 -0.14
MidCapInv n
MidCapVal Inv n 23.98 0.19
Ashmore Funds:
EmgMktTRInst 8.40 NA
AT Disciplined Equity Ins:
ATDispEqInst n 18.28 0.16
Ave Maria Funds:
18.25 NA
RisingDivd n
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3.0
5.5
2.7
8.2
8.2 21.9
7.4 28.2
25.9
25.7
17.2
26.0
26.2
20.8
20.5
17.2
17.0
7.3
41.4
40.4
28.2
9.7
10.4
25.4
24.5
25.4
24.5
19.4
NA
NA
12.3 32.4
NA
NA
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
B
Baird Funds:
10.90
AggBdInst
CorBdInst
11.25
IntBdInst
11.09
QualIntMunBdInst 11.63
ShtTBdInst
9.70
Baron Funds:
Asset n
70.87
EmergingMkts n 14.48
Growth n
71.77
48.23
Partners n
SmallCap n
30.64
Baron Instl Shares:
AssetInst
73.07
EmergingMktsInst 14.54
GrowthInst
73.52
49.17
PartnersInst
RealEstateInst 28.67
SmallCapInst 31.58
BBH Funds:
CorSelN n
22.98
Bernstein Fds:
Ca Mu n
14.32
DivrMuni n
14.43
31.30
EmMkts n
IntlPort n
18.11
IntmDur n
13.23
14.07
NY Mun n
TxMgdIntl n
18.15
-0.03
-0.04
-0.02
-0.06
-0.01
3.7 9.8
4.1 10.8
2.8 7.5
3.5 5.9
1.6 4.9
0.34
-0.20
0.89
-0.15
0.28
22.4
32.3
20.6
30.1
20.9
37.8
22.5
30.1
37.6
31.2
0.36
-0.20
0.92
-0.15
0.32
0.29
22.7
32.5
20.9
30.4
19.8
21.1
38.9
23.5
31.1
38.7
22.4
32.2
0.10 13.0 22.7
-0.05
-0.05
-0.52
0.01
-0.02
-0.05
0.01
NtlShTMuni
12.80
Bridge Builder Trust:
10.20
CoreBond
CorePlusBond 10.13
11.62
Intl Eq
LargeCapGrowth 12.11
LargeCapValue 11.74
MunicipalBond 10.22
S/MCapGrowth 11.91
S/MCapValue 11.63
Bridgeway Funds:
BChip35 n
14.26
BroadviewOpp n:
BroadviewOpp n 37.10
Brown Advisory Funds:
20.83
GrowEqInv n
BrownSmCoInv n:
BrownSmCoInv n 89.77
BruceFund n:
BruceFund n
530.60
Buffalo Funds:
15.36
BuffBal n
24.26
DiscFd n
3.2 5.4
3.2 5.5
26.9 16.7
22.9 19.9
3.4 9.7
3.3 6.2
22.6 19.8
About our Funds
The listings include the top 2500 open-end funds by assets. These funds value their portfolios daily and report net
asset va lues (the dollar amount of their holdings divided by the number of shares outstanding) to the National
Association of Securities Dealers. Total returns reflect both price changes and dividends; these figures assume that
all distributions are reinvested in the fund. Because Lipper is constantly updating its database, these returns may
differ from those previously published or calculated by others. 3 year returns are cumulative. The NAV is the last
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
BerwynFd:
BerwynIncm n 13.77
BlackRock Funds A:
AdvLgCapCore p 20.78
25.70
BasicVal
CapAppr
27.16
22.65
EqtyDivd p
FloRateIncPortA 10.20
20.12
GlblAlloc p
HiYInvA
7.85
54.70
HlthScOp p
LgCapFocuGr 12.95
LowDurBdA
9.63
MultiAstIncome 11.03
NatlMuni p
10.91
StratMuniOpp 11.63
StrtIncOpptyInvA 9.97
11.77
TotRet
BlackRock Funds Blrk:
CoreBd
9.68
HiYBlk
7.85
BlackRock Funds C:
21.85
EqtyDivd t
18.22
GlblAlloc t
48.54
HlthScOp
MultiAstIncome 11.02
StratIncOpptyInv 9.96
BlackRock Funds III:
iShS&P500IdxK 300.77
iShUSAggBdIdxK 10.18
BlackRock Funds Inst:
26.03
BasicVal
-0.03 2.7
0.13
0.19
0.08
0.15
0.00
-0.01
0.02
0.80
-0.02
0.00
-0.01
-0.02
-0.02
0.00
-0.02
14.9
2.4
23.3
10.5
2.5
10.7
7.1
22.9
19.7
1.7
6.9
4.0
6.1
3.8
3.6
9.0
32.5
16.1
38.1
32.8
11.0
12.7
15.5
38.9
39.6
3.8
12.8
8.9
11.4
7.1
8.9
-0.01 3.1 8.2
0.02 7.3 16.9
0.14
-0.01
0.71
0.00
0.00
10.0
10.1
22.2
6.4
3.2
29.9
10.2
36.0
10.4
4.8
1.02 13.8 35.0
-0.01 3.1 7.9
0.19
2.7 17.1
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
CAInsMun
12.65
CoreBd
9.65
EqtyDivd
22.72
FloRateIncPorIns 10.21
20.24
GlblAlloc
GlobLg/ShrtCrIns 10.40
HiYldBd
7.85
57.28
HlthScOp
InflProtBdInst 10.64
iShMSCIIntldx 14.00
LowDurI
9.63
MultiAstIncome 11.04
NatlMuni
10.90
StratIncOpptyIns 9.97
StratMuniOppI 11.63
11.77
TotRet
BlackRock Funds R:
22.80
Equity Div p
GlblAlloc
19.19
BMO Funds:
11.74
CorePlBdI
IntrTaxFree I
11.31
11.32
IntTxFY n
10.08
UltrShtTxFrI
BNY Mellon Funds:
12.75
BondFd
11.14
EmgMkts
IncomeStk
9.46
13.51
IntlFd
12.54
IntmBdFd
MCMultiStrM 17.21
13.57
NtlIntmMuni
-0.02
-0.01
0.15
0.01
-0.01
0.01
0.02
0.84
-0.04
0.02
-0.01
-0.01
-0.03
0.00
-0.02
-0.02
5.3
3.1
10.8
2.7
10.9
2.8
7.2
23.2
1.6
20.7
1.9
7.1
4.2
4.0
6.3
4.0
12.3
8.1
33.8
12.0
13.6
4.8
16.6
40.1
2.8
15.1
4.7
13.7
9.4
8.1
12.1
9.9
0.15 10.3 31.5
-0.01 10.4 11.6
NA NA NA
-0.03 4.4 9.2
-0.03 4.2 8.5
0.00 1.0 2.3
-0.03
-0.23
NA
0.00
-0.03
0.19
-0.04
3.5 8.0
31.5 13.3
NA NA
23.0 15.3
2.1 5.1
12.6 29.1
4.2 7.5
-0.02 1.7
1.9
-0.02
-0.02
0.00
0.07
0.05
-0.03
0.13
0.23
9.7
NS
NS
NS
NS
NS
NS
NS
3.6
2.0
21.4
18.4
11.3
3.1
14.2
8.0
0.05 10.4 31.5
0.84
5.1 20.9
-0.13 20.9 30.9
0.88 22.3 54.8
NA
NA
NA
0.18 7.3 14.1
0.19 20.1 40.7
0.15
0.15
0.15
0.39
0.01
0.01
11.2
10.6
11.4
18.8
3.5
3.6
24.5
21.6
25.4
25.4
9.8
10.6
0.07 17.6 32.1
0.00 7.3 16.4
0.00 16.9 19.9
0.09 21.0 11.9
0.09 20.8 11.1
-0.03
0.03
0.12
0.35
3.6 8.6
22.3 16.2
13.5 31.6
13.4 24.0
0.42 20.3 29.2
0.41 17.4 32.6
0.50
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
8.6 49.7
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
1.51 11.3 40.2
-0.08
-0.04
-0.04
-0.04
-0.03
-0.04
-0.09
4.3
10.0
9.4
10.2
4.8
5.1
4.0
32.4
23.4
21.0
24.7
39.4
40.6
31.4
NA
NA
NA
0.25
-0.01
0.16
0.05
-0.01
0.17
0.11
0.13
0.05
0.17
0.15
0.14
0.08
0.68
0.01
0.02
0.35
0.34
0.03
0.26
17.9
5.5
10.2
16.2
11.1
15.3
15.3
12.7
8.3
10.3
15.9
22.3
20.6
30.5
6.3
6.1
22.4
13.9
13.7
9.0
30.9
12.4
22.6
26.7
20.0
33.9
31.7
33.4
21.2
28.1
16.0
29.2
26.9
78.7
17.8
14.9
42.3
33.9
23.8
34.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
MdCpVlOpp p 10.73
MidCapGthA t 27.67
MidCpValA
15.13
SelgComuInfoA 76.36
SmCpIdxA pn 25.22
13.20
StrAlloc
StratIncA
6.11
13.60
TaxEA
TotReBdA t
9.08
USGvtMtg p
5.46
Columbia Class C:
Balanced
40.67
23.41
ContCore p
20.65
DivInc t
SelComunInfo t 54.80
Columbia Class I,T&G:
10.08
DivOppty tn
Columbia Class R4:
26.40
ContCore p
Columbia Class R5:
ContCore
26.39
21.60
DivIncom
16.89
MidCapIndx
16.94
SelLgCpGr t
Columbia Class Y:
26.41
ContCore p
DivIncom
21.63
17.10
SelLgCpGr t
STBond
9.96
Columbia Class Z:
46.53
AcornIntZ n
17.46
AcornZ n
AltBeta n
9.50
BalancedZ n
40.68
25.99
ContCoreZ n
CorpIncmZ n 10.26
21.29
DivIncomZ n
HYMuniZ n
10.63
IntmMunBdZ n 10.57
16.40
LgCapGr n
LgCpGrowZ n 41.97
48.41
LgCpIdxZ n
16.58
MdCpIdxZ n
MdCpValZ pn 15.17
MidCapGthZ n 29.33
SelComunInfo tn 82.51
25.39
SmCpIdxZ n
SmCpValIIZ n 18.16
StratIncZ n
6.02
13.60
TaxEZ n
TotReBdZ n
9.09
USGvtMtg tn
5.45
Columbia Funds:
UltShortBd
9.02
Commerce Funds:
20.03
Bond
Community Capital Tr:
CRAQualInvFd 10.61
Credit Suisse Common:
ComdtyRet r
4.94
Cullen Funds:
19.19
HiDivEqI r
0.27
0.26
0.20
1.42
0.82
0.00
-0.01
-0.04
-0.01
0.01
9.0
16.8
7.3
30.2
8.6
13.7
5.4
4.7
3.4
2.9
25.9
29.1
18.8
75.1
44.5
17.7
13.5
9.8
9.0
8.3
0.16 9.6 19.8
0.16 14.6 30.9
0.13 12.1 30.5
1.01 29.5 71.2
0.05
8.5 22.1
0.18 15.5 34.9
0.18
0.14
0.27
-0.19
15.5
13.0
9.2
28.8
35.3
34.9
35.3
32.2
0.18
0.14
-0.20
0.00
15.6 35.6
13.1 35.2
28.7 32.3
1.2 3.7
0.04
0.29
-0.01
0.16
0.18
0.01
0.13
-0.04
-0.04
-0.18
0.36
0.35
0.26
0.21
0.27
1.53
0.83
0.60
0.00
-0.04
-0.01
0.01
24.3
18.1
4.9
10.4
15.5
4.8
12.9
5.7
4.2
28.7
22.6
14.1
9.2
7.5
17.0
30.5
8.9
7.3
5.7
4.9
3.7
3.1
0.00
16.6
32.0
NS
23.5
34.9
10.8
34.4
14.3
8.1
31.7
43.3
35.0
35.3
19.8
30.0
76.4
45.6
35.7
14.4
10.4
9.9
9.1
1.1
2.6
-0.04 3.8
9.2
-0.03 2.3
6.0
-0.02 -2.6 -28.5
0.07 12.5 29.0
D
Davenport:
16.78
Val&Incm n
Davis Funds A:
50.00
Fincl A
33.50
NYVen A
Davis Funds C & Y:
30.60
NYVenC
34.22
NYVenY
Del Invest Instl:
CorpBdI
5.90
28.11
USGrw
20.95
Value
Delaware Invest A:
Diver Inc p
8.76
63.59
SmCpValA p
SMIDCapGrA p 18.85
Deutsche Funds:
79.22
CapGrth p
80.05
CapGrth n
27.30
CoreEq n
CROCIIntrFdS n 48.73
54.92
EqDivA
GblIncBldA
9.95
13.75
GNMA S n
HiIncA
4.80
12.26
HiYldTx n
11.87
IntTaxAMT n
MgdMuniA p
9.16
MgdMuniS n
9.17
29.90
S&P500S n
21.00
TechA
Diamond Hill Funds:
26.19
LgCapA p
26.40
LgCapI
26.43
LgCapY
26.17
LongShortI
37.25
SmCapI
22.69
SmMidCapI
Dimensional Fds:
2TGlFxd
9.98
NA
NA
NA
0.53 12.2 40.0
0.40 13.9 35.7
0.36 13.2 32.6
0.41 14.2 36.8
0.00 6.4 10.8
0.06 24.4 32.1
0.19 7.8 26.6
-0.02 4.7 7.7
1.54 6.3 34.1
0.35 14.6 27.8
0.62
0.63
0.24
0.17
0.19
0.01
0.02
0.01
-0.03
-0.05
-0.03
-0.03
0.21
0.16
18.9
19.2
14.1
19.0
13.4
11.8
1.6
6.7
4.9
3.6
4.4
4.5
13.9
27.3
39.3
40.3
37.0
11.7
28.9
14.3
4.1
15.2
12.0
7.0
9.0
9.7
34.2
50.2
0.29
0.29
0.29
NA
0.46
NA
13.6
13.8
13.9
NA
6.8
NA
34.7
35.9
36.3
NA
20.1
NA
0.00
1.0
2.3
reported closing price for the week. Footnotes: NA: not available. NE: performance excluded by Lipper editor. NN:
fund not tracked. NS: fund not in existence for whole period. e: ex capital gains distributions. f: previous day’s
quote. n: no front- or back-end sales charge. p: fund assets are used to pay marketing and distribution costs (12b-1
fees). r: fund levies redemption fee or back-end load. s: stock dividend or split of 25% or more. t: fund charges
12b-1 fees (for marketing and distribution) and a back-end load. v: capital-gains distribution may be a return of
capital. x: ex cash dividend. Full mutual-fund listings,including dividend and capital-gains data, now appear free
online at www.barrons.com/listings. All data supplied by Lipper.
M32
BARRON’S
October 2, 2017
Mutual Funds
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
5GlbFxdInc
CASTMuniBd
Cont
DFARlEst
EmgMkt
EmgMktSoCoEq
EmgMktVa
EmMktCorEq
EmMktSmCp
Fixd
GblAll60 40Inst
GlAll25 75Inst
GlEqInst
GlRESec
InfProtSec
IntGvFxdInc
IntlCoreEq
IntlREst
IntlSustCore1
IntlVal
IntlVectorEq
IntSmCo
IntSmVa
IntTermMuni
IntVaIII
ITExQual
Japan
LgCo
LgCpIntl
SclCrEqInst
SelHdgGlFxd
STExQual
STGov
STMuniBd
TAUSCoreEq2
TAWldexUSCr
TM IntVa
TM US Sm
TM USTgtVal
TMMktwdVa
TMMttVa2
TMUSEq
US CoreEq1
US CoreEq2
US Micro
US Small
11.01
10.32
28.29
35.18
28.58
13.98
29.28
21.69
22.84
10.30
17.60
13.39
22.02
10.92
11.76
12.46
14.01
5.11
10.71
19.59
13.14
21.19
23.31
10.21
16.59
10.83
27.55
19.59
23.15
13.50
9.71
10.85
10.61
10.20
17.24
11.30
16.11
43.75
37.54
30.04
28.06
27.37
21.54
20.52
22.51
36.11
-0.01
-0.02
0.03
0.17
-0.76
-0.37
-0.87
-0.58
-0.58
0.00
-0.02
-0.01
0.01
-0.01
-0.09
-0.10
-0.01
-0.02
-0.01
-0.03
0.03
-0.04
0.15
-0.04
-0.03
-0.04
0.56
0.05
-0.07
0.00
-0.02
0.00
-0.04
-0.02
0.20
-0.09
-0.02
1.22
0.96
0.25
0.22
0.12
0.18
0.22
0.73
0.95
2.1
1.5
32.4
3.6
27.4
27.9
24.0
26.8
24.6
0.9
9.4
4.6
14.1
5.0
2.0
2.5
22.3
8.7
22.5
19.6
23.0
23.4
23.3
2.8
19.7
4.9
25.2
14.2
20.4
22.2
3.1
2.1
1.0
1.6
11.5
23.7
19.6
7.6
6.5
9.8
9.9
14.0
13.1
11.5
8.3
7.4
6.4
2.5
50.0
32.2
14.4
16.5
12.5
15.3
19.7
2.0
18.0
10.0
26.5
23.6
5.2
7.4
22.4
11.4
19.6
14.4
24.6
31.8
32.1
5.9
14.9
12.2
47.2
35.5
15.2
21.9
1.4
5.8
3.5
2.6
31.8
20.7
13.8
38.6
32.5
29.4
30.0
34.8
33.4
31.0
41.2
37.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
US SmCpVal
US TgdVal
USLCpGr
USLgVa
USLgVaIII
USSoCoreEq2
USSustCoreI
USVectorEq
WexUSGov
Dodge & Cox:
Balanced n
GblStock n
Income n
Intl Stk n
Stock n
Domini Funds:
Intl Equity Inv tn
US Equity Inv pn
DoubleLine Funds:
CoreFxdIncmI
CorFxdIncN n
EmgMktIncmI
LowDurBdI
LowDurBdN n
TotRetBdI
TotRetBdN n
Dreyfus:
Aprec pn
CA AMTMuBdZ nr
Discp n
Dr500In tn
Dreyf n
DreyMid Inv nr
DynTotRetI
DynTotRetY
FloRtIncY
GblRealRtY
GblRESecY
GlbStkI
GlFxIncI
GrInc n
HYldI
Interm n
InstS&PStkIdx I n
IntlBdI
IntlSmCpY
38.70
24.98
17.74
38.29
26.90
15.28
20.03
18.92
10.12
1.08
0.64
0.02
0.29
0.20
0.20
0.17
0.35
0.00
4.0
4.9
15.4
10.7
10.8
11.2
13.5
8.8
1.5
29.4
28.5
35.1
29.8
30.3
29.4
32.9
29.4
11.8
108.75
13.99
13.81
46.66
200.52
-0.15
0.02
-0.10
-0.19
0.47
8.7
17.5
3.9
22.5
11.9
25.1
24.5
9.9
11.7
32.3
8.88 -0.04 21.1 25.0
47.32 0.37 10.1 16.8
11.03 NA NA NA
11.02 NA NA NA
10.84 -0.03 8.5 16.2
10.09 NA NA NA
10.08 NA NA NA
10.74 NA NA NA
10.73 NA NA NA
36.58
15.19
37.76
55.39
11.39
38.18
16.67
16.68
12.10
14.41
9.05
20.76
21.52
21.77
6.35
13.77
51.06
16.38
16.38
0.15
-0.05
0.34
0.39
0.06
0.60
0.07
0.08
0.01
0.04
0.01
0.05
NA
0.12
NA
-0.05
0.37
-0.14
0.14
17.9
5.1
11.3
13.8
12.7
9.0
5.4
5.4
2.6
3.6
7.2
17.2
NA
11.6
NA
4.4
14.1
11.1
27.5
25.5
10.1
32.8
33.7
26.7
34.4
8.4
8.7
9.8
7.2
20.5
24.6
NA
28.7
NA
8.2
34.9
5.5
NS
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IntlStkI
18.06
MunBd nr
11.79
NewtonIntlEqY 21.29
14.90
NY Tax nr
SelMgrSmCpGroY 27.48
SelMgrSmCpVaY 25.89
SmCpStk Inv nr 32.60
StratValA r
41.38
41.52
StrgVal I
Dreyfus Premier:
IntlStkY
17.86
Driehaus Funds:
DriehausAcInc n 9.81
37.10
EmMktsGr n
Dupree Mutual Fds:
KYTF n
7.76
-0.06
-0.03
0.06
-0.04
0.73
0.68
1.07
0.41
0.41
21.5
4.9
20.9
4.7
19.1
9.4
8.3
6.8
7.0
22.5
10.2
12.9
10.0
31.5
30.8
44.5
28.1
29.0
-0.05 21.4 22.6
-0.07 -0.5 3.3
-0.43 32.6 18.2
-0.03 3.4
7.4
E
Eagle Fds Svcs Inc:
60.82
SmCpGrA p
Eaton Vance Class A:
AtlCpSMID p
29.05
14.53
DivBldrA
FloatRt
9.29
FltgRtAdvg p 10.88
Inc Bos
5.82
LgCpVal
19.21
NatlMuniInc
9.93
ShDurStratIncFd 7.44
48.11
TMG1.1
WW Hlth Science p 10.76
Eaton Vance Class C:
FloatRt t
8.97
FltgRtAdvg p 10.86
Eaton Vance Class I:
AtlCpSMID
31.88
FloatRtHiInc
8.87
FltgRt
8.99
GblMacAbR
9.09
IncBos
5.82
LgCpVal
19.28
NatlMuniInc
9.93
ParEmMktsFdInst 15.28
Eaton Vance Funds:
ParTxMgdEmgMktIn 50.88
0.82 16.0 34.2
0.33
0.08
0.00
0.01
0.01
0.20
-0.02
-0.01
0.35
0.03
14.3
10.8
3.0
3.6
5.8
7.6
4.6
3.8
13.7
18.1
48.7
28.4
11.7
14.2
16.9
19.4
12.8
8.7
31.3
15.9
0.00 2.4 9.2
0.01 3.2 12.5
0.36
0.00
0.00
-0.02
0.01
0.20
-0.02
-0.18
14.5
3.6
3.3
3.2
6.0
7.8
4.8
21.3
49.8
13.5
12.6
10.7
17.8
20.2
13.7
4.2
-0.64 21.5
5.0
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
TMG1.0 n
1067.73 7.69 14.0 32.5
Edgewood Growth Instituti:
EdgewoodGrInst 28.82 -0.06 29.8 56.0
F
Fairholme:
Fairholme n
FAM Value:
FAMValue n
Federated A:
CapIncA
EqIncA p
FedMunULA p
KaufmannA p
KaufmnLCA p
MunStkAdvA p
StrValDivA p
Federated C:
CapIncC t
StraValDivC p
Federated Instl:
FedMuniUl A
GloFinI
GovUltra
InsHiYld r
KaufmnLCIS
KaufmnR r
MdCpISvc n
ShIntDurMuInst
StraValDivIS
TtlRtnBdI
UltraShortI
Federated R6:
TtlRtnBdL
Fidelity:
500IdxInst
500IdxInstPrem
500IdxInv n
500IdxPrem n
Contrafund K6
SerLTTreBdIdx
EmgMktIdxPrem n
ExtMktIdxInstPre
ExtMktIdxInv n
ExtMktIdxPrem nr
20.32 0.05 -6.4 -1.8
72.55 1.10 10.2 35.7
7.96
24.53
10.01
5.95
22.78
13.21
6.39
NA
NA
0.00
0.07
0.08
0.02
-0.02
NA
NA
0.7
21.2
17.9
6.9
11.2
NA
NA
0.6
37.1
30.5
11.6
28.5
7.96 NA NA NA
6.40 -0.02 10.6 25.9
10.01
36.30
9.89
10.13
23.28
5.96
27.15
10.29
6.42
10.93
9.12
0.00
0.15
0.01
0.02
0.09
0.07
0.39
-0.01
-0.03
-0.01
NA
1.1
23.7
0.8
7.0
18.2
21.1
8.9
2.3
11.6
3.8
NA
10.93 -0.01 3.9
88.52
88.52
88.50
88.52
10.63
8.79
10.84
61.83
61.84
61.85
0.63
0.63
0.63
0.63
0.05
-0.10
-0.20
1.06
1.06
1.07
14.2
14.2
14.2
14.2
NS
6.0
28.1
12.7
12.7
12.7
2.0
17.1
1.3
20.8
31.5
37.1
34.0
3.0
29.6
9.8
NA
NS
35.6
35.7
35.4
35.6
NS
NS
15.2
33.4
33.2
33.4
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
GblexUSIdxInst 13.23
GlexUSIdxInstPre 13.24
GlbexUSIdxPrem n 13.23
InflProBdIdxPrem n 9.83
IntlIdxInst
42.57
IntlIdxInstPrem 42.57
IntlIdxInv n
42.54
IntlIdxPrem nr 42.56
IntTrBdIdxPrem n 10.76
LTTrBdIdxPrem n 13.07
MidCpIdxPrem n 20.16
MidCpInxInstl 20.16
RealEstIdxPrem n 15.43
SAIUSLgCpIndxFd 13.50
SmCpIdxInst 20.18
STTrBdIdxPrem n 10.39
TMktIdxF r
73.22
TMktIdxInv n
73.19
73.20
TMktIdxInst
TMktIdxInstPrem 73.19
TMktIdxPrem n 73.20
USBdIdxF
11.63
USBdIdxPrem n 11.63
USBdIdxInstPrem 11.63
USBdIdxInst
11.63
Fidelity Adv Focus A:
HthCarA r
43.12
TechA t
54.61
Fidelity Adv Focus C:
HthCarC p
34.80
Fidelity Advisor:
TotBdFdClZ
10.69
Fidelity Advisor A:
AdvMdCpIIA p 21.02
AdvStrDivInA p 15.48
21.35
BalancA t
BioTech
26.41
DivIntlA
23.03
116.53
EqGrA t
EqInA
34.14
14.99
FF2030A p
FltRateA r
9.64
43.90
LevCoStA p
NwInsghtA p
31.46
SmllCapA p
28.40
38.21
StkSelMC p
-0.05
-0.04
-0.04
-0.04
0.05
0.05
0.05
0.05
-0.04
-0.16
0.22
0.22
0.10
0.09
0.56
-0.02
0.66
0.65
0.66
0.65
0.65
-0.02
-0.02
-0.02
-0.02
21.6
21.7
21.6
1.7
20.6
20.6
20.5
20.6
2.6
6.1
11.7
11.7
1.7
14.2
11.1
1.0
14.0
13.9
14.0
14.0
13.9
3.1
3.1
3.1
3.1
14.7
14.7
14.6
4.6
16.2
16.3
15.8
16.1
7.6
14.2
30.5
30.5
29.4
NS
40.0
3.1
35.2
34.9
35.2
35.2
35.1
8.1
8.0
8.1
8.1
0.40 25.5 27.4
0.11 40.7 71.5
0.32 24.7 24.6
-0.02 3.8
0.31
0.04
0.11
0.56
-0.03
0.54
0.13
0.05
0.00
0.59
0.14
0.75
0.39
13.3
7.7
12.2
32.3
22.0
28.2
7.2
14.3
2.4
11.2
20.1
10.0
14.3
NS
28.1
24.4
23.4
24.8
21.1
38.4
22.2
23.5
9.7
13.4
33.9
24.7
28.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
StrInA
Fidelity Advisor C:
NwInsghtC t
StrInC
Fidelity Advisor I:
AdvMdCpII I
BiotechI
ConsvIncmMuni I
DivIntl
EmMktIncI r
EqGrI
FAIntDiscI r
FAInvGrdI
FF2030
FF2040
FltRatel
GrOppI
HiIncAdvI
HthCarI r
IntlGr
LeveCoSt I
LmtdTrmBdFd
MuniIncI r
MunIncI
NwInsghtI
REIncmInst
SmallCapI
StkSelMC
StrInI
Total Bd
Fidelity Advisor M:
Balanced p
EqGr p
EqIn p
GrOppM p
NwInsghtM p
SmllCapM p
StkSelMC
StrInM p
Fidelity Freedom:
FAFree2020I p
FAFree2025I
FAFree2035I
FAFree2045A
FF2005 n
FF2010 n
12.44 -0.01 6.9 13.4
28.00 0.12 19.4 30.9
12.40 -0.02 6.2 10.9
21.67
27.89
10.04
23.43
14.24
126.51
46.08
7.95
15.09
15.69
9.62
69.77
10.65
46.74
13.18
44.80
11.53
10.43
13.18
32.14
12.19
30.79
39.90
12.60
10.69
0.33
0.59
-0.01
-0.03
-0.03
0.59
-0.09
-0.01
0.05
0.06
0.00
0.49
0.05
0.43
0.03
0.61
0.00
-0.04
-0.06
0.14
0.01
0.81
0.41
-0.02
-0.02
13.5
32.6
1.1
22.2
9.6
28.5
26.6
3.4
14.5
16.1
2.7
26.7
9.5
25.7
24.1
11.4
2.0
4.0
5.3
20.4
6.9
10.2
14.5
7.0
3.7
29.2
25.9
1.9
22.2
21.2
39.5
23.3
8.8
24.5
26.5
10.4
42.0
21.9
28.4
23.7
14.3
5.4
7.2
10.4
34.9
24.6
25.7
29.5
14.1
10.4
21.56
114.61
34.81
64.97
30.55
26.55
38.36
12.43
0.10
0.53
0.13
0.45
0.13
0.70
0.38
-0.02
11.9
28.0
7.0
26.2
19.9
9.8
14.0
6.9
22.4
37.4
21.4
39.8
32.9
23.8
27.8
13.4
14.04
13.97
14.67
12.07
12.63
16.17
0.03
0.03
0.06
0.05
0.01
0.02
11.6
12.5
16.0
15.8
8.2
9.6
20.4
21.5
26.5
25.7
15.5
17.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
FF2015 n
FF2015A
FF2020 n
FF2020A p
FF2025 n
FF2025A p
FF2030 n
FF2035 n
FF2035A t
FF2040 n
FF2040A p
FF2045 n
FF2050 n
Free2055 n
FundK
Idx2020InsPre
Idx2025InsPre
Idx2030InsPre
Idx2035InsPre
Idx2040InsPre
Idx2045InsPre
Idx2050InsPre
Income n
Fidelity Invest:
100Index
AdvSrsGroOpport
AggrInt n
AilSectEq
AMgr20% n
AMgr50% n
AMgr70% n
AMgr85% n
AstMgr30R n
Balanc n
BalancedK
BluCh n
BluChpGrK
CALmtTrmTFB n
CAMun n
Canad nr
CapAp n
CapApprK
CapDevO n
ChinaReg n
CnvSc n
Contra n
13.41
12.90
16.50
13.92
14.26
13.84
17.82
14.92
14.56
10.48
15.59
11.84
11.91
13.40
43.36
15.52
16.45
17.23
18.16
18.28
18.42
18.50
11.85
0.02
0.02
0.03
0.03
0.03
0.03
0.06
0.06
0.06
0.05
0.06
0.04
0.05
0.05
0.38
0.03
0.04
0.06
0.08
0.08
0.08
0.08
0.00
10.9
10.5
11.8
11.4
12.6
12.3
14.8
16.2
15.8
16.4
15.8
16.3
16.4
16.4
16.0
10.1
11.0
13.0
14.5
14.6
14.6
14.6
6.4
19.9
18.1
21.5
19.4
22.7
20.6
26.0
28.1
25.5
28.3
25.5
28.2
28.2
28.1
32.2
NS
NS
NS
NS
NS
NS
NS
12.5
16.57
13.13
20.57
13.37
13.57
18.37
22.33
19.20
11.11
24.57
24.57
83.82
83.92
10.65
12.99
54.47
37.09
37.18
16.69
32.85
28.19
121.20
0.08
0.08
-0.11
0.10
0.00
0.03
0.07
0.07
0.00
0.12
0.12
0.45
0.45
-0.03
-0.05
0.04
0.13
0.14
0.15
-0.43
0.09
0.59
14.0
26.5
28.7
15.2
5.3
10.6
13.9
16.4
7.2
12.4
12.5
27.0
27.1
2.7
4.8
11.4
17.1
17.2
11.6
38.1
7.1
23.9
34.9
41.1
31.2
32.8
11.1
18.7
22.9
26.0
14.1
24.2
24.6
43.8
44.2
4.2
10.3
4.1
26.3
26.7
29.5
31.4
6.2
40.2
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
ContraK
CorpBd n
CpInc nr
DisEq n
DivGrowK
DivGth n
DivIntl n
DivIntlK r
DivStkO n
Emerg Asia nr
EmrgMktK r
EmrgMktsDebt
EmrMkt nr
Eq Inc n
EqDivIncm n
EqIncK
Europ nr
Export n
Fidel n
FltRateHi nr
FocsdStk n
FournOne n
GNMA n
GovtInc n
GroCo n
GroInc n
GrowCoK
GrowIncK
GrStrt nr
GwthDiscovery n
HighInc nr
Indepndnc n
InProBnd n
IntBd n
IntGov n
IntlDisc n
IntlEnhIdx n
IntlGrRet n
IntlScOpps nr
IntlSmCap nr
IntMu n
InvGB n
InvGrBd
JpnSmCo nr
LargeCap n
LatinAm nr
121.19
11.63
10.24
37.89
33.86
33.89
40.68
40.63
26.07
41.20
30.43
10.46
30.39
60.77
28.74
60.74
41.81
23.41
43.38
9.63
22.24
43.26
11.45
10.25
175.00
36.13
174.94
36.11
38.70
31.78
9.02
39.76
12.00
10.88
10.49
46.20
9.95
13.20
18.47
29.34
10.42
7.94
11.31
18.20
32.32
26.02
0.59
-0.01
0.03
0.36
0.22
0.22
-0.05
-0.04
0.18
-0.59
-0.46
-0.01
-0.47
0.33
0.14
0.33
0.12
0.20
0.38
0.00
-0.03
0.24
-0.01
-0.03
1.02
0.30
1.02
0.30
0.38
0.15
0.02
0.27
-0.06
-0.02
-0.02
-0.08
0.02
0.03
0.20
0.11
-0.03
-0.01
-0.01
0.39
0.28
-0.42
24.0
5.6
9.6
14.1
11.8
11.7
22.2
22.3
12.3
32.7
36.4
9.7
36.2
7.9
8.3
7.9
24.4
12.3
15.9
2.7
21.1
13.8
1.7
2.1
27.9
10.2
28.0
10.3
13.9
28.1
7.5
18.8
1.4
2.5
1.4
26.6
23.1
24.1
26.9
25.9
4.1
3.5
3.8
24.2
11.5
36.6
Quarterly Stock Scoreboard
WINNERS
NYSE
Name
Bright Scholar Educ ADR
Hertz Global Holdings
GOL Linhas Aereas ADR
Alum Corp. of China ADR
Sociedad Quimica ADR
Fiat Chrysler Automobiles
Aerojet Rocketdyne
Navistar Intl
Yirendai ADR
Jupai Holdings ADR
NYSE American
Closing Price
23.23
22.36
21.14
22.17
55.66
17.91
35.01
44.07
41.94
13.03
Net Chg.
+
+
+
+
+
+
+
+
+
+
11.33
10.86
9.78
9.29
22.64
7.28
14.21
17.84
16.94
5.20
% Chg.
+
+
+
+
+
+
+
+
+
+
95.21
94.43
86.09
72.13
68.56
68.49
68.32
68.01
67.76
66.46
Name
NASDAQ
Closing Price
Skyline Corp
Mastech Digital
OncoCyte
SRC Energy
Electromed
inTEST
Ashford
Aberdeen Chile Fund
Aberdeen Lat Amer
Par Pacific Holdings
12.09
12.78
7.55
9.67
7.31
8.3
60.6
8.39
27.36
20.8
+
+
+
+
+
+
+
+
+
+
Net Chg.
% Chg.
6.07
6.30
2.35
2.94
1.78
1.65
9.62
1.31
4.21
2.76
+100.83
+ 97.22
+ 45.19
+ 43.68
+ 32.19
+ 24.81
+ 18.87
+ 18.50
+ 18.19
+ 15.30
Name
Closing Price
Veritone
MyoKardia
Akcea Therapeutics
XOMA
Zogenix
BeiGene ADR
Voyager Therapeutics
Hailiang Educ Group ADR
Calyxt
Spectrum Pharmaceuticals
45.45
42.85
27.67
19.65
35.05
103.46
20.59
19.49
24.49
14.07
+
+
+
+
+
+
+
+
+
+
Net Chg.
% Chg.
33.74
29.75
18.19
12.66
20.55
58.46
11.63
10.61
13.24
6.62
+288.13
+227.10
+191.88
+181.12
+141.72
+129.91
+129.80
+119.48
+117.69
+ 88.86
LOSERS
NYSE
Name
Babcock Wilcox Ents
Vitamin Shoppe
Flotek Industries
Teva Pharmaceutical ADR
Team
Vivint Solar
Blue Apron Cl A
Kindred Healthcare
Tahoe Resources
Barnes Noble Education
Closing Price
3.33
5.35
4.65
17.6
13.35
3.4
5.45
6.8
5.27
6.51
NYSE American
Net Chg.
% Chg.
–8.43
–6.30
–4.29
–15.62
–10.10
–2.45
–3.89
–4.85
–3.35
–4.12
–71.68
–54.08
–47.99
–47.02
–43.07
–41.88
–41.65
–41.63
–38.86
–38.76
Name
Takung Art
CRH Medical
Myomo
GEE Group
GlobalSCAPE
Contango Oil Gas
McClatchy Cl A
Goodrich Petroleum
Flanigan's Enterp
Acme United
Closing Price
2.3
2.6
6
2.95
3.83
5.03
7.39
9.71
24.25
23
NASDAQ
Net Chg.
% Chg.
–2.92
–3.10
–4.85
–2.21
–1.46
–1.61
–1.95
–2.44
–5.95
–5.60
–55.93
–54.39
–44.70
–42.83
–27.60
–24.25
–20.88
–20.11
–19.70
–19.58
Name
Diana Containerships
Versartis Inc.
Otonomy
Genocea Biosciences
Axovant Sciences
Forward Pharma ADR
Black Box
Cherokee
Tintri
Surgery Partners
Closing Price
0.6208
2.45
3.25
1.46
6.88
6.07
3.25
2.75
3.14
10.35
Net Chg.
% Chg.
–330.22
–15.00
–15.60
–3.76
–16.31
–14.26
–5.30
–4.20
–4.13
–12.40
–99.81
–85.96
–82.76
–72.03
–70.33
–70.14
–61.99
–60.43
–56.81
–54.51
40.6
12.7
21.1
26.8
24.8
24.3
19.4
19.9
28.3
30.0
25.5
23.2
24.9
24.2
28.0
24.6
19.0
30.4
31.8
10.7
28.3
25.9
6.2
5.5
55.3
28.7
55.8
29.2
29.3
39.3
17.7
18.3
3.4
6.8
3.9
23.3
22.7
23.6
36.2
42.5
7.5
9.0
9.7
45.7
29.1
-3.0
October 2, 2017
BARRON’S
M33
Mutual Funds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
LCapGrEIdx n
LevCoSt n
LgCpVHIdx n
LmtTrmMuniIncm n
LowP nr
LowPriStkK r
LtdTmBdFd n
MagellanK
MagIn n
MAMun n
Manager40 n
Manager60 n
McpVl n
MegaCpStk n
MidCap n
MidCapEnIdx nr
MidCapStkK r
MIMun n
MtgSec n
MuniInc n
NASDAQ nr
NewInsights Z
NewMkt nr
NewMill n
NYMun n
OHMun n
OTC n
OTC K
OverseasK r
Ovrse n
PcBas nr
PuritanK
Puritn n
RealE n
RealEstInc nr
REEq
REInc
SAIIntlMinVolInd
SAILTTreBdIdx
SAISm-MidCap500I
SAIUSMinVolIndFd
SAIUSQtyIdx
SCEnhIdx n
SmallCap r nr
SmCapDisc n
SmlCapO
SmlCpGrth nr
SmlCpVal nr
Srs1000ValIndRet
SrsBlChGroRetail
SrsCommStrt
SrsEmrgMkt
SrsGlobal
SrsGroCoRetail
SrsIntlGrw
SrsIntlSmCp
SrsIntlVal
SrsSmCapDiscRet
STBF n
StkSelLCVl n
StkSelSmCp n
StkSlcACap n
StratDivInc n
StratInc n
StrDivIncI
TaxFrB nr
TotalBond n
Trend n
Utility n
Value n
ValueDisc n
ValueK
Wrldw n
Fidelity SAI:
FidSAIEmgMktIndx
FidSAIIntlIndxFd
USMomentumIdx
Fidelity Selects:
Banking nr
Biotech nr
Chem nr
ConDis nr
18.02
32.83
12.91
10.59
51.86
51.81
11.53
102.02
102.13
12.20
11.67
12.47
26.83
17.04
38.19
15.43
38.21
12.21
11.28
13.23
85.80
32.20
16.45
40.77
13.29
12.18
104.16
105.47
49.52
49.60
33.66
23.18
23.19
41.86
12.23
12.91
11.17
10.69
10.09
11.56
12.37
12.25
14.41
19.71
31.49
13.98
23.97
19.39
12.56
13.24
5.23
20.60
12.96
17.16
15.89
17.91
10.77
12.00
8.62
20.09
28.16
43.08
15.57
11.15
15.54
11.56
10.71
100.45
26.88
121.44
27.74
121.62
26.63
16.9
14.4
8.7
2.7
13.2
13.2
2.0
18.4
18.4
4.2
8.9
12.2
8.3
11.3
13.0
10.0
13.1
4.4
2.3
5.5
21.5
20.5
9.5
13.1
4.4
4.6
30.7
30.8
25.6
25.4
27.2
13.6
13.5
3.0
6.8
2.4
6.7
16.2
6.4
11.0
13.0
15.6
4.2
7.9
3.6
7.8
22.8
5.5
7.9
27.1
-3.4
31.2
21.7
28.4
24.1
25.9
17.6
4.3
1.2
7.8
7.6
18.4
7.9
7.1
7.9
5.2
3.8
21.2
10.1
10.6
8.8
10.7
22.1
36.2
14.5
27.0
3.5
26.9
27.3
5.6
36.1
35.7
9.4
16.6
20.9
24.8
28.8
30.0
28.8
30.5
9.9
7.5
10.9
48.8
35.4
21.4
28.0
9.9
11.3
57.7
58.2
33.2
32.7
37.1
24.9
24.6
33.2
24.4
27.2
21.8
NS
NS
NS
NS
NS
35.1
32.6
27.8
31.6
55.8
38.7
27.1
45.1
-30.4
19.1
14.7
56.0
23.9
32.3
11.6
29.6
3.5
25.3
32.8
33.8
25.2
14.2
25.3
11.0
10.7
39.5
23.5
25.7
26.9
24.0
26.2
14.30 -0.26 28.3
12.20 0.01 20.3
11.34 0.10 NS
NS
NS
NS
34.10
232.77
176.07
38.86
0.21
0.30
0.12
-0.03
0.75
0.74
0.00
0.82
0.82
-0.05
0.01
0.02
0.35
0.11
0.38
0.23
0.38
-0.04
-0.01
-0.06
0.93
0.15
-0.04
0.29
-0.05
-0.06
1.25
1.28
0.13
0.13
-0.08
0.11
0.11
0.17
0.01
0.08
0.02
0.00
-0.12
0.12
0.05
0.07
0.44
0.45
0.72
0.30
0.35
0.46
0.09
0.08
-0.03
-0.32
-0.05
0.09
0.04
0.16
0.04
0.29
0.00
0.11
0.60
0.34
0.03
-0.01
0.04
-0.04
-0.02
0.31
0.02
1.19
0.23
1.19
-0.04
1.00 5.9 42.8
4.87 33.7 29.5
0.95 24.3 31.5
0.30 10.0 32.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
ConStap nr
95.69
DfAero nr
161.61
41.30
Energy nr
FinSvc nr
108.24
Gold nr
20.75
Health nr
232.58
HlthCareSrvPt r nr 91.30
35.24
Ind n
ITSvs n
51.40
Mat nr
88.75
45.87
MdEqSys n
Multimedia nr 80.88
NatRec nr
27.75
Pharm n
19.27
Retail nr
122.05
Semiconductors r nr 111.76
Softwr nr
159.13
Tech nr
177.53
UtilGr nr
83.45
Fidelity Series:
FASeriesEqGroFd 14.58
STCrFd
9.99
First Eagle Funds:
AmericaI
38.68
GlbA
59.66
OverseasA
25.05
US Val A t
20.97
US Val I r
21.31
First Investors A:
EqIncmA
10.71
23.30
GroInA p
IncomeA p
2.52
OppA p
41.86
19.88
TotRtA p
TxExIncmA
9.46
FMI Funds:
ComStkInvst n 28.83
33.59
IntlInvst n
LgCapInvst n 22.17
FPA Funds:
FPACres n
34.58
10.05
NwInc n
Franklin Templeton:
TgtGroA p
19.42
TgtMod C p
15.81
16.34
TgtModA p
FrankTemp/Frank Adv:
CA HY Adv t
10.86
CA IntAdv
12.08
CA TF Adv t
7.45
CvtScAdv
20.16
Dynat Adv
64.21
Fed TF Adv
12.01
12.24
FedIntAdv
FlRtDAAdv t
8.81
GrOpAdv p
39.48
91.44
Growth Adv t
HY TF Adv
10.23
IncomeAdv
2.37
58.77
RisDv Adv r
SmCpGrAdv p 22.25
SmCpValAdv t 59.89
SmMCpGrAv t 39.27
StrInc Adv p
9.90
TtlRtnAdv
9.88
USGovAdv p
6.15
Utils Adv
19.36
FrankTemp/Franklin A:
10.78
AZ TF A p
BAL A t
12.30
BalInv p
39.99
160.55
BioDis A p
CA TF A p
7.46
CAHY A p
10.83
CAInt A p
12.05
CO TF A p
11.54
CoreAll A p
19.20
20.29
CvtSc A p
DynaTech A p 62.55
24.57
EqIn A p
Fed TF A p
11.99
FedInt p
12.21
0.25
0.64
0.83
2.28
-0.40
2.17
1.95
0.22
-0.13
0.18
-0.33
0.21
0.49
0.00
1.68
2.35
1.04
0.39
-0.07
8.2
26.0
-11.5
11.3
8.5
25.8
16.4
11.0
23.6
18.0
25.2
9.9
-9.2
13.2
11.2
21.2
26.8
41.0
17.1
20.7
62.6
-22.3
34.3
11.5
28.3
38.8
34.3
64.2
15.6
65.2
24.6
-24.0
5.8
53.9
79.5
64.8
72.8
26.0
0.07 29.3 40.0
-0.01 1.5 NS
0.58
0.15
-0.02
0.12
0.12
18.0
10.0
11.9
8.0
8.2
15.4
20.3
17.3
20.1
21.1
0.01
0.18
0.00
0.81
0.06
-0.03
9.4
10.7
5.9
12.6
7.2
2.5
24.4
19.4
13.6
22.9
13.5
6.4
0.47 10.3 28.5
0.13 12.4 28.1
0.18 12.4 31.5
0.18
0.02
7.3 18.5
2.2 5.0
NA
NA
NA
NA
NA
NA
NA
NA
NA
-0.05
-0.04
-0.03
NA
NA
-0.03
-0.04
0.00
NA
NA
-0.05
0.01
NA
NA
NA
NA
-0.02
-0.01
-0.01
NA
5.7
3.9
4.9
NA
NA
2.9
3.5
1.7
NA
NA
3.4
7.7
NA
NA
NA
NA
4.5
3.5
1.3
NA
15.7
8.4
12.2
NA
NA
8.6
6.7
10.9
NA
NA
10.1
13.5
NA
NA
NA
NA
7.3
6.6
4.3
NA
-0.04
NA
NA
NA
-0.04
-0.05
-0.04
-0.05
NA
0.07
NA
0.15
-0.04
-0.04
3.0
NA
NA
NA
4.7
5.5
3.8
2.1
NA
15.6
NA
9.9
2.7
3.4
8.2
NA
NA
NA
11.8
15.3
8.1
7.6
NA
25.2
NA
25.8
7.8
6.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
FedL T TF
10.36
FL TF A p
10.69
FlRtDA A p
8.80
FoundFAlA p
14.40
FSmCoSer r
25.36
15.72
GoldPrM A p
GrOp B p
37.10
Growth A p
91.16
HiInc A
1.91
HY TF A p
10.19
IncomeA p
2.39
IntSmCoGr r
21.71
LwDuToRt A
9.84
MIInsTF A p
11.44
MNInsTF A p
12.32
MO TF A p
11.62
NC TF A p
11.50
NJ TF A p
11.31
NY TF A p
11.10
OHInsTF A p
12.66
11.58
OR TF A p
PA TF A p
9.97
RisDv A p
58.79
SmCpGr A p
20.86
SmCpVal A p 57.38
SmMCpGrA p 36.32
StrInc A p
9.89
TgtCon A p
14.75
TtlRtn A p
9.83
US Gov A p
6.13
Utils A p
19.22
FrankTemp/Franklin C:
Bal C t
12.19
CA TF C t
7.45
11.99
Fed TF C t
FlRtDA C t
8.80
FoundFAlC p
14.15
Growth C t
83.84
HY TF C t
10.38
Income C t
2.42
NY TF C t
11.09
RisDv C t
57.68
StrInc C p
9.89
US Gov C t
6.08
Utils C t
19.12
FrankTemp/Franklin R:
FrkGrthR6
91.44
FrkIncR6
2.37
FrkSmCpGrR6 22.46
MutShrR6
29.55
TempGlbBndR6 12.22
TmpGlbTotRtnR6 12.31
TmpGrthR6
26.97
TmpFrgnR6
7.87
FrankTemp/Mutual A&B:
Beacn A
16.59
Europ A p
20.42
Shares A
29.22
FrankTemp/Mutual C&R:
Shares C t
28.74
FrankTemp/Temp A:
DvMk A p
20.72
Frgn A p
7.97
GlBond A p
12.27
GlSmCo A p
10.30
Growth A p
26.94
World A p
17.42
FrankTemp/Temp Adv:
EmMkSC Adv p 14.37
Frng Adv
7.87
GlBondAdv p 12.22
TGlTotRAdv
12.31
FrankTemp/Temp B&C:
GlBond C p
12.30
Growth C p
26.16
-0.02
-0.05
-0.01
NA
-0.04
NA
NA
NA
0.01
-0.04
0.01
0.03
NA
-0.04
-0.05
-0.05
-0.05
-0.04
-0.04
-0.05
-0.05
-0.04
NA
NA
NA
NA
-0.02
NA
0.00
-0.01
NA
0.9
1.6
1.4
NA
27.2
NA
NA
NA
6.8
3.3
7.5
32.2
NA
2.1
3.0
1.7
1.2
1.8
2.2
3.4
2.8
1.8
NA
NA
NA
NA
4.3
NA
3.3
1.2
NA
1.3
6.8
10.0
NA
25.6
NA
NA
NA
10.4
9.8
12.9
29.3
NA
5.8
7.0
6.8
5.0
6.0
5.7
9.9
8.0
6.9
NA
NA
NA
NA
6.5
NA
5.8
4.0
NA
NA
-0.03
-0.03
-0.01
NA
NA
-0.05
0.01
-0.03
NA
-0.02
-0.01
NA
NA
4.4
2.4
1.1
NA
NA
2.9
7.5
1.6
NA
4.1
0.6
NA
NA
10.0
6.4
8.7
NA
NA
8.1
11.0
3.6
NA
5.3
2.2
NA
NA
NA
NA
0.16
-0.03
NA
0.10
-0.02
NA
NA
NA
6.4
4.6
NA
14.6
14.6
NA
NA
NA
20.5
5.8
NA
14.7
8.1
0.09 10.9 25.0
0.16 9.8 11.5
0.17 6.1 19.1
0.15
-0.40
-0.03
-0.03
0.11
0.10
0.15
5.5 16.5
31.0
14.0
4.4
17.6
14.3
9.7
16.6
6.5
4.6
20.0
13.4
11.7
NA NA NA
-0.02 14.4 7.4
-0.03 4.5 5.3
NA NA NA
-0.03 4.1 3.4
0.09 13.7 10.9
G
Gabelli Funds:
ABC pn
ABCAdv
Asset pn
10.35 0.01 1.8 7.5
10.24 0.01 1.6 6.8
60.82 0.33 14.0 24.0
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
EqInc pn
22.84
GabelliAsstFdClI 60.81
58.56
SmCapG n
SmCpGrwI
59.79
TETONWstMMFdI 30.02
Util A p
9.52
Util C t
6.75
Gartmore Funds:
NationwideInstSv 25.37
Gateway:
GatewayA
32.86
GE Elfun/S&S:
RSPIncm n
11.58
RSPUSEq n
56.77
Tax Ex n
11.59
Trusts n
63.68
Glenmede Funds:
SmCpEqAdv
31.74
GMO Trust Class III:
EmgCntryDt r 30.36
24.32
Quality
24.99
USTreas
GMO Trust Class IV:
CorePlusBd
21.75
EmergMkt
33.28
30.32
EmgCntrDt
IntlEq
23.59
Quality
24.35
GMO Trust Class VI:
AssetAllBd
22.41
EmgMkts r
33.29
Quality
24.32
USCoreEq
15.35
Goldman Sachs A:
CapGr
29.11
MidCapVal p
38.85
SmCap
60.28
Goldman Sachs Inst:
CoreFix
10.54
EmgMEq
21.72
EnhInc
9.43
GlbInc
12.27
Gr
30.24
GrOpps
28.02
HiQtyFltRte
8.72
HiYield
6.61
HYMuni
9.57
13.30
Int
MidCapVa
39.27
Muni
15.70
ShDuGov
9.90
ShDuTF
10.56
SmCapVa
64.72
Guggenheim Funds Tru:
FloRaStraFdInst 26.02
MacOppFdClA 26.67
MacOppFdClInstl 26.71
TotRtnBdFdClInst 27.07
TotRtnBondFdClA 27.05
GuideStone Funds:
AggrAllGS4
12.41
BalAllGS4
12.10
GrAllGS4
12.46
GrEqGS2
25.81
IntEqGS2
16.42
LowDurGS2
13.44
MedDurGS2
14.81
ValEqGS2
22.59
-1.05
0.33
NA
NA
0.81
-0.06
-0.07
10.4
14.3
NA
NA
13.9
8.1
7.4
19.6
24.9
NA
NA
38.9
22.0
19.2
0.16 13.5 31.3
-0.04 7.9 15.6
0.00
0.46
-0.04
0.33
3.6 9.4
15.2 28.7
4.0 9.4
19.6 35.3
1.03 10.1 35.9
NA NA NA
0.17 20.0 40.3
0.00 0.6 1.2
NA NA NA
-0.33 23.7 13.9
NA NA NA
0.11 20.9 9.3
0.16 19.9 42.4
NA NA NA
-0.33 23.8 14.2
0.16 23.2 46.4
0.18 11.4 31.8
0.19 23.0 35.4
0.53 5.6 13.3
NA NA NA
-0.02
-0.15
0.00
-0.03
0.30
0.20
NA
0.01
-0.04
0.03
0.53
-0.04
0.00
-0.02
NA
2.1
35.6
1.1
1.9
21.1
20.3
NA
5.9
8.4
24.8
5.9
5.3
0.9
2.3
NA
6.9
29.6
2.7
7.5
43.1
21.0
NA
14.1
17.3
29.8
14.6
10.2
2.3
3.5
NA
-0.01
0.00
0.01
-0.06
-0.06
2.6
3.9
4.1
5.1
4.9
12.0
14.1
15.3
14.4
13.2
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
H
Harbor Funds:
Bond n
CapApInst n
CapApInv pn
HiYBdInst nr
IntlInst nr
IntlInv tn
MdCpVal Inst n
SmCpValInst n
Harding Loevner:
EmgMktsAdv
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IntlEq
21.97
Hartford Funds A:
23.22
BalanA
BalIncA
14.65
CapAppA p
41.10
10.32
Chks&Bal p
DiscpEqA p
27.70
DivGth A p
26.93
EqInc t
20.32
FltRateA t
8.71
GlbCapAppr
18.48
GrOppty t
44.35
35.87
Hlthcare
IntOppA p
17.19
MidCap A p
29.29
TotRBdA p
10.46
Hartford Funds C:
Bal IncC
14.45
CapAppC
33.03
FltRateC t
8.69
MidCapC t
21.89
Hartford Funds I:
14.65
BalIncI
CapAppI
41.26
DivGthI
26.81
EmrgMktEqInv r 15.69
EqIncI
20.22
FltRateI
8.72
GrowOppI t
46.08
InterValue
17.81
MidCap
30.02
USSmMdCpOpInv r 14.29
WorldBond
10.46
Hartford Funds Y:
DivGthY
27.51
IntOppY
18.02
IntlValY
18.17
MidCapY
34.61
Hartford HLS Fds IA:
Balanced
30.18
CapApp
48.21
DiscEqui
14.60
Div&Grwth
23.06
GrwthOpp
36.49
IntlOpp
16.85
MidCap
37.88
SmallCo
19.21
30.99
SmCpGrwth
Stock
76.51
TotRetBd
11.25
Hartford HLS Fds IB:
CapApprec p
47.48
Heartland Funds:
Val Inv n
43.41
Hennessy Funds:
CorMidCap30Inst 22.40
FocInst
85.72
FocInv
83.60
GasUtilIndInv 30.05
Homestead Funds:
ShtTmBd n
5.21
SmCoStk n
44.06
Value n
53.51
Hotchkis and Wiley:
HiYldClA
12.23
HiYldI
12.31
MidCpVal
38.44
SmCpVal
62.35
NA
NA
NA
0.06
-0.04
0.03
0.00
0.12
0.11
0.04
0.01
0.01
-0.04
0.47
-0.04
0.37
-0.02
10.2
7.9
15.5
10.4
13.1
11.1
11.3
3.2
16.6
23.8
23.5
20.0
15.5
4.2
19.6
21.6
24.3
21.0
35.5
30.1
31.5
10.7
18.4
43.4
40.8
19.2
35.9
8.4
-0.02
0.02
0.00
0.28
7.3
14.9
2.6
14.8
18.9
21.6
8.3
33.0
-0.05
0.03
0.10
-0.18
0.03
0.01
-0.04
0.04
0.38
0.20
-0.01
8.1
15.8
11.3
31.7
11.5
3.4
24.1
20.1
15.7
9.8
1.9
22.5
25.4
30.9
20.7
32.5
11.6
44.4
29.9
36.9
40.2
4.2
0.09
-0.04
0.05
0.44
11.4
20.4
20.3
15.8
31.5
20.7
30.3
37.5
0.16
0.20
0.07
0.17
-0.04
-0.02
0.49
0.30
0.76
0.23
-0.02
10.4
16.3
13.2
11.6
23.9
20.9
15.9
18.9
15.8
13.3
4.5
21.0
26.4
36.8
31.9
46.2
21.8
37.5
17.4
42.5
32.2
10.2
0.19 16.1 25.4
0.83
0.47
0.96
0.93
-0.20
7.4 14.7
12.2
13.1
12.8
8.2
25.4
37.5
36.0
14.2
0.00 1.6 7.4
1.36 7.1 32.0
0.40 13.1 31.6
0.02
0.02
0.70
1.16
7.0
7.1
3.1
5.7
16.2
17.0
13.1
24.4
I
11.71
72.17
69.85
10.17
70.25
69.51
23.13
34.75
NA
0.07
0.06
-0.11
0.18
0.17
0.43
0.54
NA
27.4
27.0
5.9
20.3
19.9
6.0
14.2
NA
44.0
42.4
14.6
11.1
9.8
26.7
46.5
55.96
NA
NA
NA
ICM Small Company:
ICMSmCo
34.40
IFP US Equity Fund:
IFP US EquityFd 17.64
Invesco Fds Investor:
DivrsDiv n
20.04
GlHltCr pn
39.35
Invesco Funds A:
500InxA p
27.47
AmValA
39.48
BalancedRiskAllA 11.00
1.24
NA
9.3 49.4
NA
NA
0.13 5.2 28.9
0.61 19.5 13.5
0.19 13.7 33.3
0.84 3.8 14.0
-0.02 4.6 11.9
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Chart
18.85
CmstA
25.63
CpBdA
7.45
DevMkt
36.58
24.38
DivIncm p
DivrsDiv p
20.06
EqIncA
11.22
EqWtdA p
58.11
FltgRate p
7.56
16.26
Glcoreeq p
GlHltCr
39.34
GrIncA
28.47
GrowAlloc p
15.76
HYld
4.22
10.07
HYMuA
IntlGrow
36.11
IntTMIA p
11.16
LmtdTrmMunInc p 11.40
MdCpCEq
23.78
MidCpGwth p 39.45
ModeAlloc p
13.55
MunInA
13.41
21.63
RealEst p
SmCpGr
38.26
SmCpValA t
20.84
Invesco Funds C:
BalancedRiskAllC 10.57
DivrsDiv t
19.81
Eq IncC
11.02
EqWtdC
55.57
10.04
TEHYC
Invesco Funds Instl:
IntlGrow
36.72
SmCpGr
42.64
Invesco Funds P:
Summit P pn 19.83
Invesco Funds Y:
BalancedRiskAllY n 11.15
58.71
EqWtdY n
IVA Funds:
Intl I r
18.06
WorldwideA t 18.96
WorldwideC t 18.59
WorldwideI r
19.04
Ivy Funds:
AssetStrA p
23.50
22.19
AssetStrC t
AssetStr I r
23.87
BalancedA p
24.83
BalancedC t
24.66
EmgMktEqFdI 20.65
HiIncA p
7.62
HiIncC t
7.62
HiIncI r
7.62
IntlCorEqI r
19.75
19.61
IntlValA
LgCpGwthl r
22.47
LtdTrmI r
10.84
MidCapI
24.72
MuniHighIncI r 5.10
65.70
ScTechA p
ScTechC t
57.08
ScTechI r
71.86
ScTechY t
69.06
0.10
0.26
-0.01
-0.33
0.13
0.14
0.08
0.59
0.01
0.02
0.61
0.29
0.08
0.00
-0.02
-0.01
-0.03
-0.03
0.21
0.31
0.05
-0.04
0.13
0.49
0.57
10.6
9.6
6.4
25.8
5.5
5.1
7.4
11.5
2.7
17.1
19.5
9.1
11.6
5.7
7.0
19.0
4.4
2.8
10.7
17.4
9.4
5.0
5.0
17.1
11.3
14.9
23.7
14.5
14.9
34.0
28.8
22.6
30.5
10.2
20.1
13.5
29.2
16.7
13.1
18.2
13.6
8.5
4.1
17.0
24.4
14.1
10.8
26.9
34.1
25.9
-0.02
0.13
0.07
0.56
-0.02
3.9
4.5
6.7
10.9
6.5
9.5
25.9
19.9
27.7
15.6
-0.01 19.3 14.7
0.55 17.5 35.7
0.14 24.7 41.3
-0.01 4.8 12.9
0.60 11.7 31.5
0.04 14.4 16.6
0.08 10.6 13.3
0.07 9.9 10.8
0.08 10.8 14.2
0.03
0.03
0.03
0.17
0.16
-0.47
0.01
0.01
0.01
0.00
0.00
0.09
0.00
0.13
0.00
0.60
0.52
0.65
0.63
13.3
12.7
13.6
7.3
6.7
35.6
7.0
6.4
7.2
18.1
17.8
21.9
2.0
18.7
3.2
28.4
27.7
28.6
28.4
-2.6
-4.6
-1.8
12.1
9.8
33.4
13.8
11.5
14.7
16.9
15.9
38.3
5.1
25.6
10.5
27.6
25.0
28.7
27.8
J
JamesBalGR A n:
JamesBalGR A n
Janus Henderson:
Balanced C
Balanced S
Balanced T n
Contrarian T n
Enterprise Inst
Enterprise S
Enterprise T n
FlxBnd T n
GlbEqIncA
GlbEqIncC
GlbResch T nr
GlLifeSci T nr
25.10
NA
NA
NA
32.19
32.44
32.49
19.95
66.83
110.70
112.96
10.40
7.80
7.75
74.93
56.39
0.12
0.08
0.07
0.17
0.41
0.64
0.66
-0.02
-0.13
-0.12
NA
0.46
11.8
12.3
12.5
2.9
20.5
19.6
19.8
3.3
15.2
14.7
NA
25.0
18.7
20.6
21.6
1.8
51.0
47.0
48.1
7.0
18.8
16.2
NA
29.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
GlTech T nr
29.54
Grw&Inc T n
51.68
HiYld T nr
8.56
29.50
IntlOppsA p
MdCpVal T n
17.95
Overseas T nr 31.95
Resh T n
45.61
SCVal T n
23.76
ShtTmBd T n
3.03
Venture T n
77.41
Jensen I :
Jensen I
44.43
JensenQualGrJ n:
JensenQualGrJ n 44.42
John Hancock:
500IndexB I
30.61
BondI
15.97
16.00
BondR6
CapApprNAV 18.73
ClassicVal I
31.88
DispValMdCpR6 23.63
DispValR6
21.63
DispVal I
21.59
EmrgMktsNAV 11.40
GblAbRStratI 10.31
GblAbRStratR6 10.33
GblShrhYldI
11.49
IntlGrwI
26.60
IntlValNAV
17.15
LifeBalSrsI
12.83
14.21
LifeGrwI
MdCpIdxI
21.72
Science&TechI 27.95
TotalStkMktIdxI 21.29
TRNAV
13.65
John Hancock Class 1:
BlueChipGrw 39.30
CapAppr
18.69
LSAggr
17.20
LSBalncd
15.76
LSConserv
13.16
LSGwth
16.84
LSModer
14.24
12.39
RetCho2020
RetCho2025
13.59
RetCho2035
15.04
RetCho2030
14.50
RetCho2040R4 15.35
RetCho2045
15.47
RetCho2050R4 13.78
RetLiv2020
11.06
RetLiv2025
11.76
RetLiv2030
12.09
RetLiv2035
12.58
RetLiv2040
12.60
RetLiv2045
12.49
John Hancock Funds A:
BalA
20.11
BondA p
15.97
DispVal
22.20
DispValMdCp 22.77
IntlGrw
26.51
FunLgCpCorA p 50.89
15.85
LifeBal
LifeConsv
13.18
LifeGrw
16.87
LifeMod
14.29
RgBkA
26.96
StrIncA p
6.49
USGlobLdrs
46.33
John Hancock Funds C:
LifeBal
15.86
LifestyleGrw
16.82
John Hancock Instl:
DispValMCI
23.62
FunLgCpCorI 53.03
IncomeI
6.48
StratIncmOppI 10.94
USGlbLdrsGrwI 49.37
JPMorgan A Class:
CoreBond
11.64
CorePlusBd p
8.29
0.11
0.23
0.02
-0.12
0.26
-0.18
0.24
0.53
0.00
1.10
34.2
14.5
5.7
17.5
8.3
26.1
18.0
7.2
1.4
19.4
67.6
35.4
15.0
15.9
28.6
-3.8
33.3
40.1
2.9
41.4
0.04 14.6 42.7
0.03 14.4 41.6
0.22
-0.02
-0.02
0.01
0.29
0.27
0.17
0.17
-0.20
NA
NA
-0.09
-0.04
-0.02
0.02
0.04
0.34
0.08
0.20
-0.13
14.0
4.7
4.8
27.8
8.8
10.1
11.6
11.5
26.2
NA
NA
13.1
30.6
14.7
10.6
13.6
9.1
31.6
13.5
4.5
34.5
10.7
11.2
44.5
29.8
39.3
27.2
26.7
13.7
NA
NA
16.1
35.0
6.6
13.7
11.1
34.4
56.6
32.3
9.7
0.13
0.01
0.07
-0.01
-0.07
0.05
-0.05
0.01
0.02
0.06
0.04
0.06
0.06
0.05
0.03
0.03
0.04
0.04
0.05
0.05
27.4
27.8
17.4
11.6
6.1
14.6
8.7
5.5
8.2
12.4
10.8
13.3
13.6
13.7
10.7
12.3
13.8
15.0
15.9
15.9
48.2
44.3
25.6
18.8
11.0
22.3
14.9
11.6
15.8
22.3
19.9
23.6
24.3
24.4
19.2
21.5
23.3
24.7
25.9
25.9
0.02
-0.02
0.17
0.26
-0.05
0.24
0.00
-0.06
0.05
-0.03
0.91
0.00
0.30
8.9
4.4
11.3
9.8
30.3
15.2
11.3
5.8
14.2
8.5
6.2
3.9
19.1
18.1
9.7
25.8
37.9
33.7
37.3
17.5
9.7
21.0
13.8
68.4
8.5
37.8
0.03 10.8 15.0
0.05 13.6 18.4
0.27
0.26
0.00
0.01
0.33
10.0
15.5
4.1
5.2
19.3
38.9
38.4
9.5
13.1
38.9
NA
NA
NA
NA
NA
NA
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
EqInc p
16.19
38.74
EqIndx p
GwthAdv p
19.04
HighYld p
7.45
15.79
Inv Bal p
InvCon p
13.03
17.96
InvG&I p
21.22
InvGrwt p
LgCpGwth p
39.99
29.48
MdCpGrw p
38.42
MdCpVal p
50.41
Sm Cap p
SR2020 p
19.70
21.11
SR2030 p
22.11
SR2040A p
USEquity
16.37
USLgCpCorePlA p 31.51
34.28
ValAdv t
JPMorgan C Class:
CoreBond p
11.72
15.54
InvBal p
12.96
InvConsvGr t
ValAdv t
34.03
JPMorgan Funds:
26.55
DiscEqL
Dvrsified L
18.04
Fl EmMktEq L 27.77
39.38
MdCpVal L
16.43
USEquity L
USSmCo L
19.27
JPMorgan I Class:
11.63
CoreBond
CorePlusBd
8.29
EmMktEq I
27.58
16.46
EqInc
38.78
EqIndx
GrAdv r
19.53
10.56
GvBd
HighYld
7.49
18.56
IntlEqIndx
IntmdTFBd
10.83
37.07
IntrepidVal
40.26
LgCpGwth
33.50
MdCpGrw
MdCpVal
38.88
50.89
MidCapEq
MkExpEnhIdx 12.18
MtgBckd
11.22
10.83
ShtDurBnd
19.77
SmartR2020
SmCap
57.76
21.17
SR2030 I
22.18
SR2040 I
33.37
TxAwEq
USEquity
16.41
USLgCpCorPls 31.86
34.53
ValAdv
JPMorgan Inst Class:
ValAdv L
34.56
JPMorgan R Class:
11.65
CoreBond
CorePlusBd
8.30
DiscEq
26.56
HighYld r
7.49
LimDurBd
10.04
11.22
MtgBckd
10.83
ShtDurBnd
57.95
SmCpEqR5
SmCpVal
32.00
16.43
USEqR5
JPMorgan R5 Class:
SR2020 R5
19.80
21.23
SR2030 R5
22.24
SR2040 R5
SRIncome R5 18.66
JPMorgan Select Cls:
IntrepidEurL r 27.25
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
L
Laudus Funds:
USLgCpGr nr
20.45 0.06 24.4 40.1
Short Interest
NYSE Short Interest Rises 2.2% Nasdaq Short Interest Edges Up 0.3%
S
HORT INTEREST ON THE NEW YORK
Stock Exchange jumped 2.2%, to
16,465,938,358 shares, as of Sept.
15, from a revised 16,106,666,434
on Aug. 31. The short-interest ratio increased to 5.0 days, versus a revised 5.8
days on Aug. 31.
The ratio is calculated by dividing the
number of shares sold short by the average
total traded each day.
Short interest on the NYSE American
Exchange rose by 0.7%, to 621,015,646
shares, as of Sept. 15, from a revised
616,994,093, as of Aug. 31.
The short-interest ratio decreased to
6.72 days, versus a revised 8.36 in the previous period.
For more short interest data, please visit
barrons.com/mktlab.
—MICHAEL
T. KOKOSZKA
A
S OF SEPT. 15, OVERALL NASDAQ
short interest rose 0.3%, to
8,547,495,908 shares, compared
with 8,523,348,501 on Aug. 31. The
short-interest ratio was 4.93 days, versus 4.75
in the preceding reporting period.The ratio is
calculated by dividing the number of shares
sold by the average total traded each day.
On the Nasdaq Global Markets, short interest increased 1.1%, to 7,668,720,475 shares
in 2,341 securities. That compares with
7,585,840,717 in 2,347 securities on Aug. 31.
The short-interest ratio was 5.3 days, versus
5.12 days for the previous reporting period.
Short interest on the Nasdaq Capital Markets lost 6.3%, to 878,775,433 shares in 852 securities, versus 937,507,784 in 848 on Aug. 31.
The Sept. 15 short-interest ratio was 3.06
days, compared with 3.0 days in the previous
—MICHAEL T. KOKOSZKA
reporting period.
M34
BARRON’S
October 2, 2017
Mutual Funds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Lazard Instl:
EmgMktEq
19.13
GlbLstInfr
16.67
IntlEq
18.97
IntStrtEq r
14.99
USEQ Concen Inst 15.49
Lazard Open:
EmgMktEqO n 19.64
GLIP Open n
16.70
Intl Eq R6
18.95
IntlStrEq n
15.08
Legg Mason A:
GrowFdClA
17.35
Legg Mason C:
CMOpporTrC r 21.43
ValueTrC
76.87
Legg Mason I:
CMValueTrI
92.25
Litman Gregory Funds:
Intl Inst
17.78
Longleaf Partners:
Intl n
16.86
Partners n
28.27
Sm-Cap n
29.45
Loomis Sayles Fds:
HiInc
7.01
LSBondI
14.28
LSBondR pn
14.21
LSCorBndA p 12.96
LSFixIncl
13.96
LSSmCpVal
37.37
LSStrIncA p
14.84
LSStrIncC t
14.96
SmCpGI
27.37
Lord Abbett A:
Affiltd p
16.56
BdDeb p
8.24
CalibrDivGr
15.32
DevGt p
21.48
FloatRt p
9.16
FundlEq p
13.81
HiYldA t
7.73
HYMuniBd p
11.84
IncomeA p
2.86
IntrTxFr
10.85
MidCapStk
29.77
MultiAstBalOppty 11.95
MultiAstGro
17.89
MultiAstInc
14.86
ShDurTxFr
15.65
ShtDurIncmA p 4.28
TaxFr p
11.36
TotRet p
10.41
ValOpps p
20.44
Lord Abbett C:
BdDeb
8.26
FloatRt p
9.17
IntrTxFr p
10.84
ShtDurIncmC t 4.31
Lord Abbett F:
BdDeb
8.23
FloatRt p
9.15
HiYld p
7.72
Income
2.86
IntrTxFr
10.85
ShtDurIncm
4.28
ShtDurTxF p
15.65
TotRet
10.41
ValOpps
20.82
Lord Abbett I:
DevlpGro
24.56
FloatRt
9.17
HiYld
7.76
MidCapStk
29.60
ShtDurInc p
4.28
SmCpVal
26.12
LSVValEq :
LSVValEq
28.82
-0.21
0.04
0.03
0.01
0.00
20.5
20.6
17.5
20.5
9.4
-0.21
0.04
0.03
0.01
20.3 6.7
20.4 49.3
17.5 NS
20.2 9.5
NA
NA
7.5
50.4
10.9
10.4
36.5
NA
0.09 18.8 24.7
NA NA NA
NA
NA
0.02 20.4
NA
8.1
-0.05 24.6 20.1
0.26 11.5 10.6
0.29 7.1 25.7
0.00
-0.07
-0.07
-0.03
-0.01
1.04
-0.07
-0.07
0.65
6.9
7.4
7.2
4.3
7.6
6.8
7.5
6.9
21.4
12.6
8.2
7.3
7.5
10.3
39.6
8.2
5.8
38.5
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.41 10.3 31.2
M
MainStay Fds A:
HiYldBdA
5.79
IncBldr
19.76
LgCpGrA p
10.06
TxFrBdA
10.04
MainStay Fds C:
HiYldBdC t
5.77
MainStay Fds I:
EpochGlb r
19.50
EpochUSAllCpI 30.30
MAPI
43.99
S&P500Idx
52.72
TRBd
10.65
Mairs&Power:
MairsPwrBal n 92.36
MairsPwrGr n 123.99
Manning & Napier Fds:
ProBConsS n 14.02
WldOppS n
8.18
UnconBdClS n 10.50
Marsico Funds:
Focus pn
19.63
Mass Mutual:
SelBluChipGroClI 19.64
MassMutual Select:
FundVlZ
12.97
IndxEqAdmin 21.26
IndxEqR4 n
21.05
IndxEqR5
21.55
MCGrEqIII
21.83
MCpGrEqIIS
21.66
Matthews Asian Funds:
AsiaDivInv nr 18.93
Asian G&I Inv nr 17.14
ChinaInv n
22.50
-0.02
-0.01
-0.02
-0.03
5.6
9.3
25.0
4.5
18.7
16.2
35.3
10.8
-0.01 5.2 16.0
-0.13
0.34
NA
0.37
-0.02
13.1
15.3
NA
14.0
4.2
16.6
30.9
NA
34.4
8.1
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IndiaInv nr
31.65
JapanInv nr
23.16
PacTigerInv nr 28.84
Merger Fd pn:
Merger Fd pn 16.02
Meridian Funds:
Growth n
42.01
Value n
42.93
Metropolitan West:
IntmBdI
10.43
LowDurBd n
8.73
LowDurBdI
8.73
TotRetBd n
10.69
TotRetBdI
10.69
TRBdPlan
10.06
UnconstrBdI
11.98
UnconstrBdM n 11.99
MFS Funds Class A:
22.79
AgGrAlA p
BondA p
14.12
CoEqyA
31.15
ConAllA p
15.69
Growth A p
86.76
GlEqA
42.89
GlTotA p
17.96
GrAllA p
20.62
GvScA p
9.83
IntlDvFdA t
18.89
IntlVA t
41.82
IntNwDA p
33.42
MCapA
16.59
MCpValA p
22.99
MIGA p
27.63
MITA p
31.99
17.82
ModAllA p
MuHiA
8.25
MuInA p
8.80
MuLtA
8.16
18.52
ReInA p
ResBdA t
10.74
RschA p
43.26
TotRA p
19.29
UtilA p
20.34
39.99
ValueA p
MFS Funds Class C:
ConAllC p
15.47
70.61
Growth C t
GrAllC p
20.15
ModAllC p
17.52
19.40
TotRC t
UtilC t
20.23
ValueC t
39.54
MFS Funds Class I:
BondI
14.11
Growth I
91.82
IntNwDI
34.41
23.56
MCpValI
MITI
31.19
ReInT t
19.17
10.74
ResBdI
RschI
44.35
19.28
TotRI
UStdI p
26.96
ValueI
40.19
MFS Funds Instl:
IntlEq
24.94
MLP & Energy Income I:
MLP&EnrgyIncmI 9.04
MLP Focus C:
MLPFocusC
7.18
MLP Focus I:
MLPFocusI
7.83
Morgan Stanley Inst:
46.05
CapGrI
CapGrP p
44.33
GloFranI t
23.95
IntlEqI
17.54
IntlEqP p
17.28
Munder Funds:
MndrIntlSmCpInv r 13.91
Munder Funds Cl A:
MndrMdCpCGroA t 39.07
Munder Funds Cl Y:
MndrMdCpCGroY r 41.09
MndrSCVClY p 40.90
Mutual Series:
BeacnZ n
16.76
EuropZ n
21.06
GlbDiscA
32.63
GlbDiscC t
32.07
GlbDiscz n
33.30
QuestA t
15.96
QuestZ n
16.20
SharesZ n
29.54
-0.08 7.6 20.8
1.05 9.7 29.7
N
0.01 7.4 8.5
-0.02 20.2 9.6
0.01 2.9 6.0
Nationwide Fds R6:
BdIdxR6
11.04
IntIdxR6
8.62
MidCapIdxR6 19.17
S&P500IdxR6 16.05
Nationwide Fds Serv:
IDAggr p
11.12
IDMod p
10.45
IDModAggr p 11.20
Natixis Funds:
InvGradeBdA p 11.30
InvGradeBdC 11.19
InvGradeBdY 11.31
LSGrowthY
14.97
USEqOppsA
36.04
Neuberger Berman Fds:
EmgMktInst
20.17
EqIncInst
13.16
0.10 30.0 24.4
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.06 23.7 29.2
-0.04 15.4 7.7
-0.56 45.4 43.3
-0.51 23.4 33.2
0.18 23.0 41.7
-0.26 25.8 22.5
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.10
0.00
0.24
-0.05
0.31
0.13
-0.06
0.07
-0.02
0.00
0.25
0.00
0.11
0.28
0.11
0.20
-0.01
-0.02
-0.03
-0.03
0.00
-0.01
0.25
0.05
0.03
0.07
16.5
5.1
17.2
8.3
22.7
18.5
11.9
13.9
1.9
22.9
19.8
23.6
20.0
8.5
19.7
15.9
11.0
6.6
5.1
3.3
21.5
3.5
16.5
8.5
14.5
12.0
27.0
12.3
35.2
14.5
40.7
28.6
17.0
23.1
4.2
22.2
32.6
25.9
37.1
28.0
36.4
33.3
18.7
16.6
11.5
5.5
12.6
7.9
32.8
21.1
9.2
33.5
-0.02
0.24
0.06
0.02
0.05
0.03
0.13
7.7
22.0
13.3
10.4
7.8
13.8
11.3
11.9
37.5
20.4
16.0
18.4
6.8
30.5
-0.01
0.33
0.00
0.29
0.19
0.01
-0.02
0.26
0.04
0.26
0.04
5.3
22.9
23.8
8.7
16.0
21.8
3.6
16.7
8.6
13.0
12.2
13.1
41.7
26.8
28.9
34.2
13.5
8.3
33.8
21.9
28.7
34.4
-0.06 23.1 20.1
0.12 -4.0 -22.1
0.07 -4.7 -20.7
0.08 -4.0 -18.3
-0.14
-0.14
-0.12
0.06
0.07
33.9
33.7
16.6
20.6
20.3
49.0
47.7
33.0
12.2
11.0
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.09 11.1 25.9
0.17 10.1 12.4
0.22 8.5 18.6
0.21 7.9 16.0
0.23 8.7 19.5
0.13 5.3 16.0
0.12 5.5 16.9
0.16 6.3 20.0
-0.02
0.01
0.30
0.11
3.0
20.5
9.1
14.1
7.4
15.5
35.1
35.0
0.07 14.2 24.8
0.04 9.6 17.8
0.06 12.5 22.1
-0.05
-0.05
-0.05
0.03
0.20
6.2 6.9
5.7 4.5
6.5 7.7
24.9 53.0
19.5 47.0
-0.24 32.0 22.4
0.04 8.3 24.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
GenesInst
62.13
HiIncBdClR6
8.82
HiIncBdInst
8.81
IntrinsicValInst 16.93
LgShInst
14.18
MultCpOptyInst 19.18
SocRespInst
38.37
StrIncInst
11.18
Neuberger Berman Inv:
Focus n
27.87
Genes n
35.80
Guard n
17.47
IntlEqInst r
13.04
LCVal n
32.27
Soc Resp n
38.31
Neuberger Berman Tr:
Genes n
65.49
GenesisFdR6 62.15
Nicholas Group:
Nch II I n
28.79
Nich n
63.12
Northern Funds:
ActMEmgMktEq nr 20.43
ActMIntlEq nr 11.36
BdIdx n
10.57
EmMktsEqIdx nr 12.11
FixIn n
10.22
GlbREIdx nr
10.57
HiYFxInc n
6.91
IntlEqIdx nr
12.67
IntTxExpt n
10.55
MidCpIdx n
19.55
ShIntTaxFr n
10.36
SmCapIdx n
14.02
SmCpVal n
25.32
StkIdx n
30.33
TxExpt n
10.68
Nuveen Cl A:
AAMunBd p
11.63
HiYldMuBd p 17.28
IntDMunBd p
9.24
LtdMnBd p
11.01
Nuveen Cl C:
HYMunBd t
17.26
Nuveen Cl R:
CAMunBd
11.21
DivVal I
15.75
HYMunBd
17.28
IntDMunBd
9.26
LmtTrmR
10.97
NWQSmCpR 52.95
RealEst
22.35
SmCpVal
25.70
1.35
0.02
0.01
0.29
0.05
0.20
0.33
NA
9.5
5.7
5.5
14.9
9.8
16.7
12.5
NA
36.1
14.7
14.3
33.7
10.6
35.2
30.2
NA
0.18
0.78
0.12
0.05
0.13
0.33
15.7
9.4
17.0
22.6
7.9
12.4
29.1
35.4
26.4
24.4
26.8
29.5
1.42
1.35
9.3 35.1
9.6 36.4
0.25 17.8 32.7
0.49 12.3 19.2
-0.37
0.00
-0.02
NA
0.00
-0.11
0.01
NA
-0.03
0.31
-0.02
NA
NA
0.07
-0.04
-0.04
-0.02
-0.03
-0.02
27.4
23.2
3.1
NA
3.5
10.5
6.4
NA
3.6
9.3
1.8
NA
NA
14.2
3.8
13.3
10.5
7.8
NA
8.2
20.9
13.4
NA
7.6
35.6
2.6
NA
NA
35.3
9.7
6.4 13.3
9.3 19.8
5.5 9.0
3.4 4.3
-0.03 8.8 17.8
-0.05
0.12
-0.02
-0.03
-0.02
1.88
-0.01
0.77
5.1
10.0
9.4
5.5
3.5
6.0
3.1
1.8
13.7
27.5
20.5
9.5
4.9
33.2
29.2
46.5
0.23
0.04
0.17
-0.01
0.63
NA
0.59
9.8
17.7
22.3
24.1
14.3
NA
11.2
20.1
33.8
25.6
29.2
34.3
NA
27.1
O
Oakmark Funds Invest:
EqtyInc nr
33.41
GlbSel nr
19.78
Global n
34.32
IntlSmCp nr
18.12
Oakmark n
82.85
OakmrkInt n
28.58
Select n
47.84
Oberweis Funds:
IntlOpp tn
26.45
IntlOppInst
12.75
Old Westbury Fds:
FixInc pn
11.11
AlCpCore n
16.15
LrgCpStr n
14.61
MuniBd pn
11.95
Sm&MdCapStrategi n 17.28
StratOpp n
8.21
Oppenheimer A:
ActiveAllA
14.13
AMTFrNY p
11.11
CapApprA p
59.93
CapIncA p
10.15
CoreBdA p
6.87
DevMktA
41.26
DiscovA p
81.01
EqIncA p
31.27
EqInvA
17.95
FndAltFdB
27.40
GblAllocA
19.27
GblStrIncmA p 3.96
GlbOppA p
61.05
GloblA p
94.45
Gold p
16.88
IntlBdA p
5.95
IntlDivA
17.41
IntlGrowA p
42.63
IntlSmCoA
47.74
LmtTermBd p 4.55
LtdTermMuA p 4.23
MidCpValA
57.85
MnStFndA p
53.74
MnStOpA p
19.77
MnStSmCpA p 29.09
ModInvA
12.04
RisingDivA
20.16
RochAMTFrMuni 6.95
RochCAMuni
8.35
RochLmtTrNYMuni p 2.89
SenFltRtA
8.09
Oppenheimer C & M:
ActiveAllC t
13.76
DevMktsC t
38.54
EqIncC t
24.95
GblStrIncmC
3.95
GlbOppC p
54.26
GloblC p
87.18
MnStFndC
50.90
SenFltRtC
8.10
StlpathMLPAlphFd 6.50
0.20 31.0 38.9
0.09 31.2 39.2
-0.01
0.10
0.01
-0.04
NA
0.03
1.6
14.8
13.9
2.5
NA
10.3
3.4
18.5
21.6
4.2
NA
14.4
NA
NA
NA
NA
-0.01
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-0.05
NA
0.11
NA
0.00
NA
0.68
0.49
NA
NA
NA
NA
-0.06
-0.07
-0.01
NA
NA
NA
NA
NA
3.7
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
9.5
NA
22.2
NA
2.2
NA
7.5
14.4
NA
NA
NA
NA
7.0
5.3
0.3
NA
NA
NA
NA
NA
8.5
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
11.0
NA
21.3
NA
4.9
NA
28.5
35.3
NA
NA
NA
NA
17.0
14.2
2.1
NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
0.46 13.7 32.3
NA NA NA
0.06 -4.9 -23.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
StlpathMLPAlphFd 8.05
Oppenheimer N:
DevMktsN t
39.60
Oppenheimer Y:
DevMktY
40.75
GlblOppY
61.70
GloblY
94.68
IntGrowY
42.45
IntlBdY
5.94
IntlSmCoY
47.46
MnStFndY
53.38
MnStSmCapY 31.18
OppenheimerRochester:
LtdNY C p
2.87
RchHiYldMuniA 7.16
RchHiYldMunC 7.13
RoMu A p p
14.93
RoMu C p
14.89
Optimum Funds Inst:
Fixed Inc
9.65
Intl Eqty
14.31
LgCpGrwth
19.95
LgCpVal
16.35
Osterweis Strat Income:
OsterweisStrInc n 11.37
0.09 -5.2 -25.0
NA
NA
NA
NA NA NA
NA NA NA
NA NA NA
0.11 22.4 22.2
-0.06 9.5 11.6
NA NA NA
0.49 14.6 36.3
NA NA NA
-0.02 -0.3 -0.5
-0.06 8.0 20.8
-0.06 7.5 18.1
NA NA NA
NA NA NA
-0.01
-0.04
0.08
0.10
4.2 7.6
25.7 21.0
24.4 40.9
10.1 19.6
0.03
4.9 14.2
PQ
PACE Funds Cl P:
IntlEqty P
16.57
LgGrEqty P
26.64
LgVEqty P
24.14
StraFxd P
13.85
10.65
StratInvP
Pacific Life Funds:
PortOptModAggClA p 15.62
PortOptModClA r 14.48
Parnassus Fds:
ParnEqFd n
43.05
Parnsus n
49.85
Pax World Fds:
21.83
Balanced n
Paydenfunds:
CoreBd n
10.72
LowDur n
10.09
LtdMat n
9.48
Pear Tree:
ForeignVal I r 21.29
PolForegValOrd tn 21.30
Perm Port Funds:
Permanent n
40.95
PIMCO Fds Admin:
HiYldAd p
9.06
ShortTrmAd p 9.85
TotRtAd p
10.32
PIMCO Fds Instl:
AllAsset
12.01
AllAssetAuth r 8.94
CommodtyRR 6.60
DivInc
11.02
EMFdIndPLSARStr 10.68
EmgLocBdFd
7.62
EmMktsBd
10.66
EmrgMktCur
9.28
ExtdDur
7.82
FrgnBd
10.62
FrgnBdUnd r
10.03
GlblBdII
10.41
HiYld
9.06
InvGrdCorp
10.63
LgTrmCrdtFd 12.13
LngDurTotRtrn 11.10
LowDur
9.91
LTUSG
6.16
ModDur
10.30
MortgageOppty 11.18
11.04
RealRtnI
RERRStg
8.31
ShortT
9.85
ShtAssetInv
10.07
StcksPLUSIntlHdg r 8.29
StcksPLUSIntUnh 6.90
StkPlsLgDur
8.09
StcksPLUSShort 8.96
StPlTRInst r
11.70
10.51
TotRetIV
TotRt
10.32
TRII
9.75
TotRetESG
9.20
PIMCO Funds:
TotRet
10.32
PIMCO Funds A:
AllAsset
12.02
AllAssetAuth
8.95
HiYld
9.06
IncomeFd
12.44
InvstGrCorBd 10.63
LowDurA
9.91
RealRtnA
11.04
ShtTmA
9.85
TotRetA
10.32
PIMCO Funds C:
AllAssetAuth
8.95
IncomeFd
12.44
InvstGrCorBd 10.63
TotRetIncC
10.32
PIMCO Funds D:
FrgnBd n
10.62
IncomeFd n
12.44
InvstGrCorBd n 10.63
LowDur n
9.91
RealRtn n
11.04
ShortT n
9.85
TRtn n
10.32
PIMCO Funds Instl:
0.02
0.11
0.15
-0.03
NA
20.1
22.8
7.8
5.3
NA
17.6
36.6
28.2
11.7
NA
NA
NA
NA
NA
NA
NA
0.09 10.5 28.5
0.68 10.9 35.8
0.06
9.0 17.6
-0.03 4.5 10.3
-0.01 1.4 3.7
0.00 1.3 3.0
-0.13 19.9 21.9
-0.12 19.6 21.0
0.00
8.4
9.6
0.02 6.6 18.2
NA NA NA
-0.02 4.8 9.1
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
0.02 6.8 19.1
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
-0.02 5.0 9.9
NA NA NA
NA NA NA
-0.02 4.5
7.9
NA NA NA
NA NA NA
0.02 6.5 17.9
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
-0.02 4.7 8.7
NA NA NA
NA NA NA
NA NA NA
-0.02 4.1 6.3
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
-0.02 4.8 9.0
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
ComPLUSStrtgyFd
HiYldSpec
IncomeFd
InflRespMulAsset
RAEFndmlPLUSIntl
SeniorFloRate
UnconstrndBdFd
PIMCO Funds P:
All Asset
AssetAllAuthP
FrgnBdUSH
IncomeP
InvstGrCor
LwDurP
RealRtnP
ShtTm
TotRtP
Pioneer Funds A:
AMTFreeMuniA p p
BondA
CoreEqA
DiscGrA
EqIncA
MdCapVa
PioFdA
SelMCGrA
StratIncA p p
Pioneer Funds C:
StratIncC
Pioneer Funds Y:
AMTFreeMuniY
BondY
StratIncY p p
PNC Funds:
IntEqI p
SmCpI r
Price Funds:
2050RetFd n
Balanced n
BdEnhIdx nr
BlChip n
CA Bond n
CapApp n
CorpInc n
DivGro n
DvsfMCGr n
DvsfSmGr n
EmgMktB n
EmMktS n
EqInc n
EqIndex n
Europe n
ExtIndex nr
FinSvcs n
GlbStk n
GlbTech n
GNMA n
Gr&In n
Growth n
HelSci n
HiYield n
InstCorePl
InstEmMEq
InstFLRfd r
InstFRF n
InstHiYld
InstlCapG
InstLCCoreGr
InstLCV
InstSmCap
IntDis n
IntEqIdx nr
IntlValEq n
IntlBond n
IntlStk n
ISX Fd
Japan n
Lat Am n
MCapGro n
MCapVal n
MCEqGr
MD Bond n
MediaTel n
N Amer n
N Asia n
N Horiz n
N Inc n
New Era n
OverS SF nr
PSBal n
PSGrow n
PSInc n
R2005 n
R2010 n
R2015 n
R2020 n
R2025 n
R2030 n
R2035 n
R2040 n
RealAssets nr
RealEst n
Ret2015A p
Ret2025A p
Ret2045 n
Ret2045R
Ret2055 n
RetBal Inc n
SciTec n
Sht-Bd n
SmCapStk n
SmCapVal n
SpecGr n
SpecInc n
SpecIntl n
SuMuInc n
5.89 NA NA NA
10.09 NA NA NA
12.44 NA NA NA
8.79 NA NA NA
10.02 NA NA NA
9.93 NA NA NA
11.13 0.01 6.0 9.7
12.03 NA NA NA
8.95 NA NA NA
10.62 NA NA NA
12.44 NA NA NA
10.63 NA NA NA
9.91 NA NA NA
11.04 NA NA NA
9.85 NA NA NA
10.32 -0.02 4.9 9.6
14.56
9.74
21.22
19.39
35.30
25.93
32.79
41.95
10.82
-0.06
-0.01
0.30
0.22
0.38
0.41
0.28
0.50
NA
5.2
3.3
17.8
19.0
8.7
6.8
14.3
19.5
NA
11.5
8.6
30.5
33.6
39.0
22.4
30.6
30.1
NA
10.59
NA
NA
NA
14.52 -0.06 5.5 12.5
9.65 -0.01 3.6 9.5
10.82 NA NA NA
23.36 -0.04 26.4 25.3
25.27 0.87 5.2 32.7
15.40
24.69
11.03
92.66
11.54
29.35
9.71
41.54
28.81
32.98
12.80
42.14
34.20
67.64
20.88
28.50
27.90
35.51
18.30
9.27
28.44
67.10
74.36
6.80
10.41
38.46
10.02
10.02
9.05
37.56
35.46
23.22
24.45
69.70
14.23
15.26
8.98
18.93
13.74
14.08
25.69
90.11
30.85
55.33
10.77
94.05
50.37
19.89
54.43
9.51
34.91
11.18
24.40
34.07
19.60
13.93
18.93
15.65
22.91
17.63
25.92
18.92
27.15
11.25
28.32
15.57
17.52
18.32
17.96
15.43
15.69
47.81
4.72
50.07
49.53
25.07
12.80
14.35
11.92
0.06
-0.04
-0.03
0.30
-0.04
0.12
-0.01
0.08
0.32
0.41
-0.03
-0.51
0.07
0.15
0.07
0.50
0.48
0.24
-0.09
0.00
0.06
0.17
1.03
0.01
-0.02
-0.45
0.00
0.01
0.00
0.17
0.12
0.17
0.47
0.15
0.02
0.03
-0.09
-0.01
0.11
0.10
-0.44
0.61
0.40
0.39
-0.04
-0.49
0.21
-0.21
0.69
-0.02
0.28
0.02
-0.03
0.11
-0.06
0.01
0.03
0.03
0.06
0.05
0.09
0.07
0.10
0.02
0.04
0.03
0.05
0.07
0.07
0.06
0.01
0.06
0.00
0.96
1.28
0.12
-0.03
0.00
-0.03
17.2
13.9
3.4
27.6
4.6
12.1
5.5
12.8
17.8
15.3
9.3
33.0
10.2
14.0
24.2
12.8
13.4
23.7
38.4
1.5
14.0
26.0
25.9
6.5
4.2
33.0
2.6
2.6
6.7
28.5
27.6
10.7
11.7
31.1
21.3
19.1
9.3
23.8
16.2
22.6
32.7
19.6
6.2
20.4
3.7
26.7
25.6
30.9
25.7
3.5
3.7
23.3
13.5
16.9
10.2
8.3
9.1
10.4
12.2
13.7
15.0
16.1
17.0
4.7
1.1
10.2
13.5
17.3
16.8
17.2
8.0
29.4
1.5
11.4
9.7
19.6
5.9
23.8
4.7
28.5
23.2
8.2
48.9
10.4
33.9
11.6
36.8
37.1
38.6
22.5
27.5
25.9
34.7
11.8
33.3
40.6
42.0
84.4
5.3
35.6
47.4
40.2
16.4
9.3
27.8
12.6
12.1
17.4
51.9
49.3
29.4
39.4
43.9
16.5
10.0
1.1
23.5
38.0
46.4
9.3
46.0
31.3
48.9
9.7
53.3
44.1
23.6
49.7
7.7
-9.4
19.5
23.0
27.4
18.1
15.5
16.8
18.9
21.6
23.8
25.7
27.1
28.1
3.6
27.8
18.1
22.8
28.5
26.6
28.5
14.7
61.4
3.4
38.1
42.5
31.7
12.2
18.9
10.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
SuMuInt n
11.93
10.17
TF Incom n
TFHY n
12.02
TFSI n
5.61
28.83
TotIndex n
VABond n
12.00
Value n
37.75
Price Funds - Adv Cl:
91.29
BlChip p
28.99
CapAppA p
Growth p
65.66
-0.03
-0.02
-0.03
-0.02
0.26
-0.04
0.27
4.0 7.9
4.2 9.5
5.7 14.1
2.3 3.1
13.7 34.7
3.6 9.5
12.2 27.5
0.28 27.3 47.7
0.11 11.8 32.6
0.16 25.8 46.3
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
MCapGro p
R2010A t
R2020A p
R2030A p
R2035A
R2040A p
Ret2045-A p
Ret2050-A p
SciTec p
SmCapVal p
TF Incom p
87.55
18.81
22.72
25.67
18.80
26.88
18.18
15.26
47.22
49.15
10.17
0.59
0.03
0.05
0.09
0.06
0.10
0.07
0.06
0.06
1.26
-0.03
19.3
8.9
12.0
14.9
15.9
16.8
17.0
17.0
29.1
9.5
3.9
44.9
16.0
20.7
24.7
26.1
27.2
27.6
27.6
60.2
41.1
8.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Price Funds - R Cl:
87.99
BlChipR p
GrowthR p
63.69
R2020R p
22.49
25.43
R2030R p
R2040R p
26.67
Ret2025-R p
17.33
18.58
Ret2035-R
Ret2050-R
15.11
PRIMECAP Odyssey Fds:
AggGrowth nr 40.25
0.27
0.15
0.06
0.08
0.10
0.05
0.06
0.06
27.1
25.5
11.8
14.6
16.5
13.3
15.7
16.8
0.54 20.3 50.4
DATES TO WATCH FOR
October
Data for
2 PMI Manufacturing Index (9:45 a.m.) - Final
ISM Manufacturing Report (10 a.m.)
Construction Spending (10 a.m.)
3 Car Sales (3:45 p.m.)
September
September
August
August
4 PMI Service Index (9:45 a.m.)
ISM Non-Mfg. Report (10 a.m.)
September
September
5 International Trade (8:30 a.m.)
Factory Orders (10 a.m.)
August
September
6 Employment Situation (8:30 a.m.)
Wholesale Trade (10 a.m.)
Consumer Credit (3 p.m.)
September
August
August
9 US Holiday: Columbus Day
10 NFIB Small Business Optimism Index (6 a.m.)
11 JOLTS (10 a.m.)
FOMC Minutes Announcement (2:00 p.m.)
September
August
12 PPI (8:30 a.m.)
Treasury Budget (2 p.m.)
August
September
13 Consumer Price Index (8:30 a.m.)
Retail Sales (8:30 a.m.)
Business Inventories (10:00 a.m.)
Michigan Consumer Sentiment (Preliminary) (10 a.m.)
September
September
August
September
16 Empire State Manufacturers Survey (8:30 a.m.)
September
17 U.S. Import & Export Price Indexes (8:30 a.m.)
Industrial Production & Capacity Utilization (9:15 a.m.)
NAHB Housing Market Index (10:00 a.m)
Treasury International Capital Data (4 p.m.)
September
September
October
August
18 Housing Starts (8:30 a.m.)
Beige Book (2:00 p.m.)
September
September
19 Philadelphia FRB Business Outlook Survey (8:30 a.m.)
U.S. Leading Indicators Index (10 a.m.)
September
September
20 Existing Home Sales (10 a.m.)
September
24 Markit Manufacturing PMI Flash (9:45 a.m.)
October
25 Durable Goods Shipments and Orders (8:30 a.m.)
FHFA House Price Index (9 a.m.)
New Home Sales (10 a.m.)
September
August
September
26 International Trade (8:30 a.m.)
Pending Home Sales Index (NAR) (10 a.m.)
September
September
27 GDP (8:30 a.m.) - Advanced
Michigan Consumer Sentiment (Final) (10 a.m.)
3rd Qtr.'17
October
30 Personal Income and Outlays (8:30 a.m.)
31 Employment Cost Index (8:30 a.m.)
S&P/Case-Shiller Home Price Indices (9 a.m.)
Chicago Purchasing Manager's Report (9:45 a.m.)
Consumer Confidence (10 a.m.)
Note: Some dates and times are approximations.
46.6
45.2
19.8
23.8
26.2
21.9
25.2
26.7
August
3rd Qtr.'17
August
October
October
October 2, 2017
BARRON’S
M35
Mutual Funds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Growth nr
34.64
Stock nr
30.41
Principal Investors:
BdMtgIn
10.98
CapApprA p
62.03
DivIntlInst
13.63
EqIncIA p
30.80
FlIncA p
12.50
HighYldA p
7.52
HiYld IN
9.99
InfPro IN
8.60
LgGrIN
10.44
17.51
LgIndxI
LgIndxJ tn
17.34
LgValIN
12.90
13.85
LT2010In
LT2020 In
14.51
LT2020J tn
14.43
LT2030In
14.93
LT2030J tn
14.88
LT2040I
15.82
LT2040J tn
15.69
LT2050I
15.60
11.77
MdGrIII Inst
MdValI In
15.21
MidCpBldA
26.25
PreSecI
10.44
PtrLGI In
14.23
PtrLV In
16.93
RealEstSecI
23.47
SAMBalA p
16.41
SAMBalC t
16.16
SAMGrA p
18.85
StrGrw A p
20.89
Prudential Cl A:
2020FcA
16.77
BlendA
21.64
Growth
35.78
HiYldA
5.58
46.13
HlthSci
MdCpGrA
38.36
NatlMuA
14.90
SmallCoA p
25.79
11.05
STCorpBd
14.58
TRBd p
Utility
14.33
Prudential Cl C:
EqInc
15.02
TRBd
14.56
Prudential Cl Z & I:
24.29
GlbRealEstZ
Growth
38.30
HiYldZ
5.59
HlthSciZ
50.46
MdCpGrZ
40.98
SmallCoZ
27.67
14.53
TRBdZ
Prudential Funds:
SmCapVal n
22.19
Putnam Funds Class A:
CATx p
8.14
35.28
CapSpec
DvrIn p
7.07
DynAABalA
15.43
DynAAGthA
17.83
EqIn p
23.51
GeorgePutBal 19.37
GlbHlthCare p 59.17
15.03
GlblEqty p
GrOpp p
29.93
HiYld A p
5.95
Incm p
6.92
IntlEq p
25.46
Inv p
26.70
MultiCpGr p
88.58
NYTx p
8.54
StDurInc
10.06
TFHY
12.60
TxEx p
8.63
USGv p
12.89
Putnam Funds Class C:
CapSpec
33.64
DivInc t
6.94
Putnam Funds Class Y:
AR700
12.24
CapSpec
35.66
23.51
EqInc
EqSpec
39.64
Incm
7.03
StDurInc
10.07
0.56 20.9 46.3
0.38 17.5 41.0
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.07
0.19
0.03
0.00
0.49
0.22
-0.05
0.56
0.00
-0.03
-0.02
20.3
15.4
27.3
7.0
28.5
16.2
3.9
13.9
2.2
5.2
12.4
29.6
25.4
42.9
19.3
32.1
24.1
8.7
28.7
5.7
11.5
15.3
NA NA
-0.03 4.7
NA
9.0
0.01
0.04
0.00
0.54
0.24
0.60
-0.03
7.2
27.6
7.2
28.8
16.5
14.2
5.4
15.4
44.3
20.3
33.3
25.2
29.8
12.4
NA
NA
NA
-0.03
0.11
0.03
0.08
0.11
0.18
0.08
0.13
0.14
0.19
0.02
0.03
0.13
0.27
0.69
-0.02
0.00
-0.04
-0.03
0.05
4.7
7.6
5.2
10.5
13.8
11.7
11.0
17.8
21.8
22.9
5.8
4.6
22.6
14.3
21.7
4.1
1.0
6.8
4.6
1.0
9.9
6.2
4.9
22.2
26.2
28.0
22.3
18.6
19.7
37.5
14.8
5.0
14.4
29.6
36.4
9.2
2.3
14.7
9.4
2.1
0.11 7.0 3.8
0.03 4.7 2.5
-0.01
0.12
0.16
0.36
0.03
0.00
7.2
7.8
11.9
9.7
4.9
1.1
11.3
7.0
28.9
1.7
5.8
2.6
R
RBB Fund:
BPL SEqInst
RBC Funds:
AccCpCommInvI
RiverNorth Funds:
RNDLIncomeI
Royce Funds:
Oppty I nr
PAMut I nr
PremierI nr
SpecEqI nr
TotRet I nr
RS Funds:
CoreEqVIP
InvQBdVIP
Russell Funds S:
EmerMkts n
GblEq n
IntlDvMkt n
InvGrdBd n
RESec n
ShtDurBd n
21.85 0.24
0.0 19.4
9.03
NA
NA
NA
10.60
NA
NA
NA
15.13
12.31
18.07
22.71
14.79
0.42 17.7 38.6
0.27 11.7 30.2
0.27 16.5 28.9
0.73 3.1 28.2
0.34 8.9 32.6
51.23
12.32
NA
NA
NA
NA
NA
NA
20.09
11.53
40.18
21.36
34.70
19.18
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
StratBd n
10.90 NA NA NA
23.14 NA NA NA
TaxExBd n
TxMngUSLgCp n 38.62 NA NA NA
USSmCpEq n 34.32 NA NA NA
Russell LifePoints A:
11.73 NA NA NA
BalStrat p
12.96 NA NA NA
GwthStrat p
Russell LifePoints C:
11.49 NA NA NA
BalStrat p
Rydex Investor Class:
NasdaqInv n
33.70 0.26 22.7 47.6
S
Schroder Funds:
NAmerEqInv n 16.62
Schwab Funds:
61.20
1000 Inv nr
23.79
CoreEq n
17.03
DivEqSel n
FunIntlLgInst nr 9.41
FunUSLgInst nr 16.66
26.10
HlthCare n
11.06
InflProSel n
20.67
IntI Sel nr
IntlMstr S r nr 26.44
18.39
MT AllEq n
23.10
MT Gro n
39.31
S&P Sel n
31.18
SmCp Sel nr
SmCpEqSel nr 23.31
14.56
Trgt2020 nr
15.84
Trgt2030 nr
16.81
Trgt2040 nr
45.27
TSM Sel nr
11.74
TxFrBd n
USSmCoIdx nr 15.19
Scout Funds:
CorePlBdInst n 31.81
24.64
Intl n
19.01
MidCap nr
UnconstrndBdFd n 11.86
SEI Portfolios:
11.32
CoreFxIn F
10.54
EMktDbt F
HiYld F
7.31
12.32
IntlEmg F
11.29
IntlEq F
11.71
IntMuni F
34.55
LgCapGr F
24.65
LgCVal F
18.22
MgdVol F
10.38
ShtGov F
24.02
TaxMgdLC F
TaxMgdSmMdCp F 22.02
Selected Funds:
39.51
AmShD n
39.43
AmShS pn
Sentinel Group:
46.13
ComS A p
SmCoA p
5.36
Sequoia:
182.91
SequoiaFd n
Sit Funds:
17.42
DivGwth n
10.89
US Gov n
SoundShoreInv n:
SoundShoreInv n 48.95
Spirit of America:
Energy Fund
4.33
SSgA Funds:
36.54
SP500 n
State Farm Associate:
66.90
Balan n
76.84
Gwth n
Muni n
8.69
State Farm Retail:
500IdxPremier 19.14
LP2020Premier 14.88
LP2030Premier p 16.22
LPRetrPremier p 13.25
State Street Institu:
13.42
IntlEq (ICL)
SmCapEq (ICL) 20.79
12.97
StrInv (ICL)
State Street V.I.S.:
20.15
TR V.I.S. Cl 1
20.05
TR V.I.S. Cl 3
SteelPath MLP Fds:
AlphaY
8.67
IncomeY
7.06
Sel40Y
8.95
SP AlphaA
8.46
SP IncomeA
6.89
Sterling Capital Fds:
19.00
MidCpValTr
90.19
SmCap n
10.60
TotRetBdI
0.13 11.5 31.5
0.46
0.24
0.14
0.02
0.15
0.02
-0.09
0.02
-0.02
NA
NA
0.28
0.85
0.54
NA
NA
NA
0.41
-0.04
0.32
14.1
16.4
9.9
19.1
9.4
20.6
1.7
20.7
27.5
NA
NA
14.2
11.0
6.5
NA
NA
NA
13.9
4.1
7.3
34.0
31.3
22.1
14.9
28.6
30.7
4.3
15.7
26.5
NA
NA
35.4
39.2
35.6
NA
NA
NA
35.0
7.5
34.9
-0.07 3.2 7.6
-0.09 19.3 19.7
NA NA NA
0.00 2.2 5.9
NA
-0.11
NA
-0.18
0.02
-0.04
NA
NA
NA
0.00
NA
NA
NA
13.0
NA
29.1
21.3
4.2
NA
NA
NA
0.6
NA
NA
NA
7.5
NA
17.3
18.2
7.8
NA
NA
NA
2.2
NA
NA
0.48 14.1 37.2
0.48 13.8 35.9
0.24 15.1 33.6
0.11 10.5 39.6
1.83 13.7
5.0
0.14 12.5 31.0
-0.02 0.9 3.6
0.33 11.5 24.3
0.00 -3.9 -34.6
0.26 14.1 35.1
0.14 6.7 17.9
0.36 9.3 24.5
-0.04 3.5 8.0
0.13
0.03
0.04
-0.04
13.9
8.5
11.2
7.5
33.2
13.9
17.8
12.4
0.00 17.5 11.8
0.49 10.1 38.6
0.02 11.0 17.1
0.03 11.4 18.5
0.03 11.2 17.7
0.09
0.06
0.08
0.09
0.07
-4.6
-4.3
-2.9
-4.8
-4.4
-22.8
-21.1
-18.7
-23.3
-21.6
0.32 8.2 29.5
1.90 8.2 31.4
-0.01 3.6 9.5
T
TCW Funds:
CoreFxInc n
11.03 NA NA NA
EmMktInc n
8.58 NA NA NA
29.69 NA NA NA
SelEqtyI n
TotRetBondI n 10.03 NA NA NA
TCW Funds N:
TotRetBdN pn 10.34 NA NA NA
Templeton Class A:
12.29 NA NA NA
TGlTotRA
Third Avenue:
REVal Inst nr
34.29 0.27 14.8 22.2
56.04 NA NA NA
ValueInst n
Thompson IM Fds,Inc:
11.44 -0.08 4.4 10.2
Bond n
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Thornburg Fds:
IncBuildA t
21.50 0.11
IncBuildC p
21.48 0.11
IntVal I
28.37 -0.07
IntValA p
27.63 -0.07
LtdTIn
13.44 -0.01
LtdTIncI
13.44 -0.01
LtdTMuA
14.43 -0.04
LtdTMu I
14.43 -0.04
Thornburg Fds Cl C:
LtdTIncC t
13.42 -0.01
LtdTMuC t
14.46 -0.04
Thrivent Funds A:
DivrIncPlus
7.34 NA
LgCpStk
28.61 NA
MidCapStk
25.58 NA
MuniBd
11.41 NA
Thrivent Funds S:
LgCpVal
22.63 NA
TIAA-CREF/Retail Cl:
EqIdx n
19.21 0.17
Gro&Inc n
18.38 0.14
HighYld n
9.90 0.00
LrgCpGro n
19.26 0.08
MgdAlloc n
12.83 0.04
TIAA/CREF Funds:
BdIdxInst
10.86 -0.02
BdPlsInst
10.49 -0.02
BondInst
10.42 -0.02
EnItlEqIdxInst 8.20 0.02
EnLCGrIdxInst 13.37 0.12
EnLCVal IdxInst 10.44 0.10
EqIdxInst
18.90 0.17
Gr&IncInst
13.92 0.11
Gr&IncRet
14.14 0.10
HgYldInst
9.86 0.01
InflLkdBdInst 11.50 -0.04
IntlEqIdxInst
19.99 0.03
IntlEqIdxRet
20.40 0.03
IntlEqInst
13.03 0.01
IntlEqRet
13.48 0.02
LC2015Ret
12.56 0.03
LC2020Ret
13.20 0.03
LC2025Ret
13.56 0.05
LC2030Ret
13.87 0.05
LC2035Ret
14.32 0.06
LC2040Inst
11.14 0.05
LC2040Ret
14.76 0.07
LC2045Ret
12.37 0.07
LCIdx2020Inst 16.41 0.04
LCIdx2025Inst 17.17 0.05
LCIdx2035Inst 18.73 0.08
LCIdx2045Inst 19.29 0.09
LCIdx2040Inst 19.23 0.09
LrgCpGrIdxInst 27.25 0.18
LrgCpGrIdxRet 27.41 0.18
LrgCpGrInst
19.33 0.07
LrgCpVl IdxInst 19.44 0.15
LrgCpVl IdxRet 19.73 0.15
LrgCpVl Inst
19.56 0.16
LrgCpVlRet
19.47 0.16
MdCpGrInst
23.51 0.21
MdCpVl Inst
24.59 0.28
MdCpVlRet
24.42 0.28
RealSecInst
15.99 0.07
S&P500IdxInst 28.38 0.20
S&P500IdxRet 28.18 0.20
ShTrmBdInst 10.36 0.00
SmCpBl IdxInst 21.83 0.60
SmCpEqInst
20.42 0.53
SmCpEqRet
19.93 0.51
SocChEqInst 18.79 0.14
Tocqueville Funds:
Gold tn
36.92 -0.74
IntlVal pn
17.39 0.01
Tortoise Capital:
TorMLPPipInsCl 13.59 0.16
Touchstone Family Fd:
FlexIncY
10.99 -0.03
FocEqY
44.41 0.22
SandsCapGrI 23.76 -0.04
SandsCapGrY 17.28 -0.04
SelGrwth
16.58 -0.03
Transamerica A:
AsAlCnsrv p
11.52 -0.05
AsAIGrow p
16.13 0.04
AsAlMod p
12.71 0.01
AsAlModGr p 14.24 0.02
Balanced
27.54 0.05
Transamerica C:
AsAlGrow t
15.62 0.04
AsAlMod t
12.62 0.01
AsAlModGr t
14.15 0.02
Trust for Professional Ma:
PMCDiversfdEqty n 27.36 0.19
PerfTrstStratBdF n 22.70 -0.12
SmeadValueInstl 45.15 0.17
Tweedy Browne Fds:
GblValue n
28.10 0.25
Value n
23.21 0.19
11.0
10.5
21.1
20.7
2.1
2.4
2.7
3.0
13.2
10.8
23.6
22.2
6.0
7.1
3.7
4.7
2.1
2.5
5.3
3.1
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
13.7
15.8
4.7
25.3
12.6
34.1
34.0
16.3
41.7
22.4
3.1
4.3
4.0
21.5
19.9
7.5
13.9
16.1
15.8
4.9
1.1
20.8
20.6
27.2
27.0
10.5
11.6
12.9
14.2
15.4
16.9
16.6
17.3
10.1
11.3
13.6
15.2
14.7
20.6
20.4
25.6
7.9
7.7
8.2
8.0
19.6
7.0
6.8
8.2
14.2
14.0
1.8
11.1
10.6
10.4
13.9
7.9
11.2
10.7
17.2
44.4
24.8
35.2
35.3
34.2
17.3
3.0
16.4
15.6
24.1
23.2
19.0
20.7
22.5
24.3
25.8
28.4
27.4
28.3
19.4
21.2
24.9
27.4
26.5
42.5
41.4
43.0
27.2
26.3
26.6
25.7
26.7
25.1
24.2
34.1
35.5
34.5
4.9
40.1
42.8
41.7
30.7
9.3 0.6
21.6 29.3
-2.0 -18.1
5.8
9.1
29.8
29.6
29.4
14.5
29.8
23.3
22.9
22.0
7.8
15.0
9.8
12.0
9.5
14.4
27.3
17.5
21.7
21.7
14.3 24.5
9.1 14.9
11.4 19.9
14.6 20.4
6.0 16.4
15.9 31.4
12.2 14.7
11.5 13.5
U
Ultimus:
LyricalUSVlEqI n
UM Funds:
BehavVal
BehavValA t
USAA Group:
AgvGt n
CA Bd n
CapGr n
CrnrsMod n
CrnstModAggr n
ExtMktIn n
Gr&Inc n
18.94 0.23 15.3 31.1
69.36
67.63
NA
NA
NA
NA
NA
NA
45.04
11.05
12.02
15.39
27.01
19.49
24.65
0.13
-0.02
0.10
-0.04
0.04
0.33
0.23
22.5
4.2
16.4
10.1
11.0
12.4
12.9
37.2
10.1
33.0
11.1
11.4
31.5
29.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Grwth n
HiIncm n
Inco n
IncStk n
Intl n
IntmTerm n
IntTerBd n
LgTerm n
Nasdaq100 n
PrecMM n
S&PIdx n
S&PReward n
SciTech n
ShtT n
ShtTBndA n
SmCpStk n
TarRet2020 n
TarRet2030 n
TarRet2040 n
TarRet2050 n
VA Bd n
ValueFd n
WldGr n
29.39
8.23
13.19
20.09
32.93
13.33
10.70
13.40
17.03
13.11
35.80
35.81
27.42
10.50
9.20
18.84
13.46
14.42
14.53
14.57
11.30
22.17
32.33
0.13
-0.01
-0.05
-0.02
0.01
-0.04
-0.01
-0.04
0.13
-0.20
0.12
0.11
0.01
-0.01
0.00
0.41
0.03
0.05
0.06
0.06
-0.03
0.29
0.10
20.6
6.1
4.8
10.3
23.0
4.7
5.4
4.5
23.5
8.2
14.0
14.1
30.2
1.8
2.2
6.4
9.6
11.9
13.3
14.0
3.3
9.6
18.8
44.8
12.8
10.7
26.9
22.0
8.2
10.3
10.4
50.7
-0.7
34.7
35.1
58.5
2.4
5.4
28.2
15.5
18.8
21.0
22.2
8.7
26.1
29.0
V
VALIC:
CoreBd
11.14
CoreVal
12.84
FrgnVal
10.82
GlobEq
8.91
HighYdBd
7.83
HlthSci
21.44
11.17
InflPro
IntlEq
7.39
IntlSmCpEq
19.87
27.69
MidCpIdx
MidCpVal
22.03
27.84
SciTech
SmCpIdx
22.09
20.63
SocResp
StckIdx
38.29
StraBd
11.41
ValUltra
15.84
Van Eck Funds:
EmgMktsY
17.17
VANGUARD ADMIRAL:
400MCpIdxInst 241.02
232.57
500Adml n
BalAdml n
33.58
CAITAdml n
11.82
12.16
CALTAdml n
CapOpAdml nr 151.28
CoStIxAd nr
68.31
DivAppIdxAdm n 25.73
EMAdmr n
36.09
EnergyAdml nr 97.62
EqIncAdml n
74.69
EuropeAdml n 72.91
ExplrAdml n
93.35
81.25
ExtndAdml n
GNMAAdml n 10.53
GroIncAdml n 75.93
GrwthAdml n 68.34
HltClxAd nr
76.20
HlthCareAdml nr 90.20
HYCorAdml nr 5.99
InfProAd
25.68
InfTechIdx n
77.87
IntlGrAdml n
92.57
ITBondAdml n 11.44
ITCorpIx
23.61
ITGovIX
21.79
ITIGradeAdml n 9.82
ITsryAdml n
11.18
LarCapAd
58.30
LTGradeAdml n 10.57
LTsryAdml n
12.20
MidCpAdml n 182.08
MorgAdml n
92.46
MuHYAdml n 11.37
MuIntAdml n
14.19
MuLTAdml n 11.65
MuLtdAdml n 10.99
MuShtAdml n 15.80
12.12
NJLTAdml n
NYLTAdml n
11.82
PacifAdml n
84.20
PALTAdml n
11.61
PrmcpAdml nr 131.45
REITAdml nr
117.74
S&PSC600Idx 272.40
SmCapAdml n 67.70
SmGthAdml n 53.66
STBondAdml n 10.46
STCorpIx
21.74
STFedAdml n 10.68
STIPSIxAdm n 24.79
STIGradeAdml n 10.69
STsryAdml n 10.63
TotBdAdml n 10.78
TotIntBdIdxAdm n 21.77
TotIntlAdmIdx nr 29.38
TotStAdml n
63.05
TxMBal nr
29.91
TxMCapAdml n 129.32
TxMIn nr
13.93
TxMSC nr
59.54
USGroAdml n 93.61
UtilIxAd nr
58.58
ValAdml n
38.95
WdsrllAdml n 68.11
WellsIAdml n 64.57
WelltnAdml n 72.68
WndsrAdml n 77.57
0.00
0.08
-0.03
-0.14
0.02
0.30
-0.05
0.01
0.01
0.43
0.32
0.03
0.61
0.16
0.27
0.01
0.10
4.0
11.5
14.0
33.2
7.1
25.7
3.7
20.0
31.4
9.1
9.1
32.0
10.8
13.1
13.9
6.1
22.1
8.8
34.4
6.1
19.9
16.6
39.2
3.8
14.8
39.7
35.1
27.3
58.5
38.7
33.5
34.3
12.1
37.8
NA
NA
NA
2.91
1.65
0.16
-0.04
-0.05
1.41
-0.24
0.18
-0.62
1.36
0.34
0.17
1.45
1.39
0.00
0.62
0.49
0.04
0.84
0.01
-0.12
0.50
-0.41
-0.03
-0.07
-0.09
-0.01
-0.03
0.40
-0.02
-0.15
1.32
0.53
-0.04
-0.05
-0.05
-0.02
-0.02
-0.02
-0.04
0.05
-0.05
1.48
0.78
8.91
1.22
0.81
0.00
-0.04
-0.01
-0.03
0.00
0.00
-0.03
-0.04
-0.07
0.55
0.07
0.99
0.02
1.95
0.25
-0.68
0.26
0.48
0.05
0.32
0.87
9.4
14.2
9.6
4.6
5.5
21.8
5.4
13.1
23.6
-3.0
11.4
24.5
16.1
12.7
1.9
13.2
20.3
21.5
19.0
7.0
1.7
26.3
37.5
3.8
5.0
2.1
4.0
2.2
14.5
8.4
6.1
12.9
22.5
6.3
4.3
5.1
2.6
1.4
6.6
4.9
18.8
5.2
20.8
3.5
9.1
10.6
15.3
1.5
2.5
1.0
0.6
2.2
0.8
3.1
1.2
21.6
13.9
9.0
14.8
21.0
8.8
24.2
11.8
9.5
10.3
6.9
9.8
13.0
35.9
35.6
24.1
9.2
12.3
47.1
28.8
31.0
12.3
-16.1
33.9
15.7
31.8
33.3
7.2
35.5
38.2
35.5
31.1
19.2
4.7
59.5
34.8
9.9
13.0
6.5
11.2
6.8
35.0
20.1
14.3
31.3
41.6
13.8
8.9
12.2
4.1
2.4
12.2
12.0
22.9
12.3
44.2
30.7
46.6
33.1
29.9
4.3
6.8
3.5
1.6
6.5
2.8
8.0
9.8
16.4
35.0
21.3
36.2
18.3
45.9
42.0
41.5
32.4
25.3
19.7
25.8
27.7
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
VANGUARD FDS:
AWxUSSCInv nr 43.66
11.82
CAIT n
CapOp nr
65.51
12.95
CapValue n
Convrt n
13.48
DevMktsIndInv n 10.79
DivAppIn n
37.93
26.07
DivdGro n
DivrEq n
34.81
EmgMktSelStk n 21.97
52.01
Energy nr
EqInc n
35.64
100.36
Explr n
EXPValFd n
36.42
FTAlWldIn nr 20.76
FTAlWldInAdml n 32.71
29.98
GlbEq n
GloMinVolFdAdm n 26.62
10.53
GNMA n
GroInc n
46.50
32.13
HiDvdYld n
HlthCare nr
213.82
HYCor nr
5.99
InflaPro n
13.08
21.48
IntlExplr n
IntlGr n
29.11
38.73
IntlVal n
INSTTRF2015 21.87
INSTTRF2020 22.23
INSTTRF2025 22.46
INSTTRF2030 22.61
INSTTRF2035 22.78
INSTTRF2040 22.93
INSTTRF2045 23.05
INSTTRF2050 23.07
INSTTRF2055 23.10
INSTTRF2060 23.08
INSTTRFINC
21.27
ITIGrade n
9.82
ITTsry n
11.18
19.66
LifeCon n
LifeGro n
32.55
15.47
LifeInc n
LifeMod n
26.55
10.57
LTIGrade n
LTTsry n
12.20
10.79
MATxEx n
MgdPayFdInv n 18.65
MidCpGro pn 25.79
MktNeuInv nr 11.80
29.83
Morg n
MuHY n
11.37
14.19
MuInt n
MuLong n
11.65
10.99
MuLtd n
MuSht n
15.80
12.61
OHLTte n
PrecMtlsMing nr 10.42
126.84
Primcp nr
PrmcpCor n
26.33
32.65
SelValu nr
STAR n
26.78
10.68
STFed n
STIGrade n
10.69
24.77
STIPSixInv n
StratgcEq n
34.89
StrSmCpEqInv n 36.99
STTsry n
10.63
15.75
TgtRe2015 n
TgtRe2020 n
31.19
18.25
TgtRe2025 n
TgtRe2030 n
32.93
20.20
TgtRe2035 n
TgtRe2040 n
34.73
21.80
TgtRe2045 n
TgtRe2050 n
35.07
TgtRet2055 n 37.98
TgtRe2060 n
33.51
13.46
TgtRetInc n
TotIntBdIxInv n 10.89
36.15
USGro n
USValue n
19.63
26.66
WellsI n
Welltn n
42.09
22.99
Wndsr n
WndsrII n
38.38
VANGUARD INDEX FDS:
500 n
232.57
Balanced n
33.58
27.49
EmerMkt nr
Europe n
31.31
Extnd n
81.30
200.51
ExtndIstPl
FTAIWdInPl
109.80
16.43
FTSESoc n
Growth n
68.35
IdxITB n
11.44
29.17
ITCorpIxInst
LTBond n
14.15
MdCpGrAdml n 52.42
MdCpVlAdml n 54.73
41.59
MdCpVlIn n
MidCp n
40.14
REIT nr
27.60
RUSS2000IdxInst 227.26
SmCap n
67.68
42.92
SmGth n
SmVal n
30.63
SmValAdml n 54.89
10.46
STBond n
TotBd n
10.78
10.75
TotBd2 n
TotIntl n
17.57
TotSt n
63.03
TtlWldIxInv nr 28.80
0.05
-0.04
0.61
0.18
0.06
0.02
0.27
0.08
0.29
-0.33
0.72
0.17
1.57
0.81
-0.05
-0.08
0.08
0.17
0.00
0.37
0.14
2.01
0.01
-0.07
0.22
-0.13
0.06
0.03
0.04
0.06
0.06
0.08
0.09
0.09
0.09
0.10
0.10
0.01
-0.01
-0.03
0.02
0.11
0.00
0.06
-0.02
-0.15
-0.04
0.01
0.24
0.06
0.17
-0.04
-0.05
-0.05
-0.02
-0.02
-0.04
-0.20
1.43
0.30
0.52
0.09
-0.01
0.00
-0.02
0.62
0.98
0.00
0.02
0.06
0.04
0.10
0.07
0.13
0.08
0.14
0.16
0.13
0.00
-0.02
0.10
0.20
0.02
0.19
0.25
0.27
23.2
4.5
21.7
7.8
6.9
21.0
13.0
13.0
15.7
25.3
-3.1
11.4
16.0
8.4
21.4
21.5
20.8
11.6
1.8
13.1
9.5
19.0
6.9
1.6
31.5
37.4
22.0
8.5
10.4
11.7
12.8
13.9
15.0
15.4
15.5
15.5
15.5
6.4
4.0
2.1
8.2
13.9
5.3
11.0
8.3
6.0
4.6
9.4
15.1
-4.8
22.4
6.2
4.2
5.1
2.5
1.3
4.8
10.9
20.7
18.7
13.4
13.9
0.9
2.1
0.6
7.8
7.2
0.7
8.5
10.4
11.6
12.8
13.9
15.0
15.4
15.4
15.4
15.4
6.3
1.2
24.1
7.2
6.9
9.8
12.9
10.3
21.1
8.9
46.8
6.1
11.3
17.9
30.7
31.3
31.9
13.2
-16.2
33.6
31.3
34.2
15.6
16.1
29.4
35.8
6.9
35.0
33.6
30.9
18.9
4.3
35.0
34.3
12.1
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
10.9
6.5
16.6
24.3
12.5
20.6
19.7
14.0
10.3
18.0
24.1
3.6
41.1
13.5
8.6
11.9
3.8
2.1
12.2
5.8
43.9
42.4
29.7
23.5
3.2
6.2
1.3
32.3
33.6
2.5
16.7
19.6
21.3
22.7
24.2
25.4
26.1
26.0
25.9
25.8
13.2
9.7
41.5
28.8
19.5
25.5
27.3
25.0
1.65
0.16
-0.47
0.07
1.40
3.45
-0.27
0.07
0.49
-0.03
-0.09
-0.08
0.51
0.63
0.47
0.30
0.18
5.47
1.22
0.64
0.49
0.86
0.00
-0.03
-0.02
-0.03
0.55
-0.05
14.1
9.5
23.5
24.3
12.6
12.7
21.6
16.2
20.2
3.7
4.9
7.7
16.0
10.3
10.2
12.8
3.4
11.0
10.5
15.2
6.8
6.9
1.4
3.1
3.1
21.6
13.9
17.5
35.2
23.6
11.7
15.2
32.8
33.4
16.2
37.9
37.7
9.6
13.1
16.2
29.4
32.8
32.3
30.8
30.1
39.5
32.6
29.4
35.2
35.7
4.1
7.6
7.7
16.2
34.6
25.2
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Value n
38.96
VANGUARD INSTL FDS:
33.58
BalInst
DevMktsIndInst 13.95
DevMktsInxInst 21.81
EmgMktInstPl 91.30
EmMkInst r
27.45
EuroInst
31.09
ExDurTrsInst 35.12
ExtndInst
81.25
103.68
FTAlWldIst r
16.44
FTScinst
GrwthInst
68.34
10.46
InPrSeIn
InstIdx
229.46
229.47
InstPlus
InstTStIdx
56.55
InstTStPlus
56.56
ITBdInst
11.44
ITBdInstPI
11.44
239.95
LaCapInst
14.15
LTBdInst
LTBdInstPl
14.15
40.22
MidCpInst
MidCpIstPl
198.37
18.22
REITInstl r
Rs1000GrwIdxInst 246.72
Rs1000Vl IdxInst 202.34
Russ1000IdxInst 223.61
Russ3000Idx 223.94
SmCapInst
67.70
195.41
SmCapIstPl
42.97
SmGthInst
SmValInst
30.68
STBdIdxInstPl 10.46
10.46
STBDInst
STCorpIxInst p 26.61
STIGradeInst 10.69
STIPSIxins
24.81
10.78
TotBdInst
TotBdInst2
10.75
TotBdInstPl
10.78
TotIntBdIdxInst 32.66
TotIntlInstIdx r 117.49
TotItlInstPlId r 117.51
63.06
TotStInst
TtlWrldIxInst p 144.32
64.26
TxMCaInst r
ValueInst
38.95
Victory Funds:
EstValA
39.40
EstValI
39.41
38.94
EstValR p
SmCoOppA
47.69
SmCoOppI
48.19
VirtusFunds:
CeredexLgCpVlEqI 16.79
CeredexMdCpVlEqI 13.36
CeredexSmCpVal I 12.25
GvSecUltShtBdI 10.02
TotRetBd I
10.48
VirtusFunds Cl A:
EmMktA
11.10
MulSStA p
4.78
VirtusFunds Cl C:
MulSStC p
4.84
VirtusFunds Cl I:
EmMktI
11.49
ForOppI
34.03
MulSStI
4.78
ReEI
30.39
SmCapSusI
25.85
Voya Fds:
InmdBdI
10.14
RealEstI
19.73
TRPGrEqI
87.89
0.26
9.4 31.9
0.16
0.02
0.04
-1.57
-0.46
0.07
-0.83
1.40
-0.26
0.07
0.49
-0.05
1.63
1.63
0.50
0.50
-0.03
-0.03
1.65
-0.08
-0.08
0.29
1.43
0.12
0.86
0.22
0.50
0.86
1.23
3.54
0.65
0.48
0.00
0.00
-0.05
0.00
-0.02
-0.03
-0.02
-0.03
-0.06
-0.26
-0.26
0.55
-0.26
0.49
0.26
9.5
21.1
21.1
23.7
23.7
24.5
8.8
12.7
21.5
16.2
20.3
1.7
14.2
14.2
13.9
13.9
3.8
3.8
14.5
7.8
7.8
12.9
12.9
3.5
20.7
7.9
14.1
13.9
10.6
10.6
15.3
6.9
1.5
1.5
2.5
2.2
0.6
3.1
3.2
3.1
1.3
21.6
21.6
13.9
17.6
14.8
9.5
24.1
18.3
18.4
12.4
12.4
15.8
19.7
33.4
16.1
38.3
38.3
4.8
35.6
35.7
35.2
35.3
10.0
10.0
35.1
16.6
16.6
31.3
31.4
30.7
42.4
27.0
34.5
34.9
33.1
33.2
29.9
35.7
4.4
4.4
6.9
6.6
1.7
8.0
7.9
8.0
10.0
16.5
16.6
35.1
25.6
36.3
32.4
0.24
0.21
0.25
1.39
1.41
9.4
9.6
9.2
8.1
8.4
42.2
43.6
41.4
49.7
51.2
-1.18 9.6 26.1
-1.15 6.4 25.2
-0.60 2.9 36.1
NA NA NA
NA NA NA
-0.18 27.1 13.8
NA NA NA
NA
NA
NA
-0.18
-0.20
NA
0.17
0.12
27.4
26.6
NA
3.4
27.7
14.8
24.7
NA
29.8
81.2
-0.02 4.3 10.8
0.13 2.5 24.9
0.24 26.0 47.5
WXYZ
Waddell&Reed Advsrs:
AccmA
10.18
WilshireGlAll A p 8.90
WilshireGlAl Y r 9.02
BondY r
6.27
Con IncA
9.78
Core InvA
6.83
Core InvY
6.88
Hi IncA
6.79
HilncY p
6.79
MunHiA
4.73
NCcptA p
11.14
NCcptY r
12.56
17.39
Sc TechA
ScTechY r
19.63
SmCapA p
17.98
11.10
VangA
VanguardY
11.90
Wasatch:
CoreGr n
67.02
IntlGr n
33.86
SmCapGr n
45.35
WCM Focus Funds:
WCMFocIntlGrwIns 15.04
Weitz Funds:
PIIIOpp n
14.96
ShtDurIncInst n 12.29
ValueInv n
42.73
Wells Fargo Adv Admi:
Growth
46.07
MdCpValAdm 38.12
Wells Fargo Adv Cl A:
AstAllA p p
14.21
CmStkA p p
24.06
IdxAstAllA
31.99
OmegaGwth
50.99
45.83
OpptyA
0.01
0.00
0.00
-0.01
0.07
0.07
0.07
0.01
0.01
-0.01
0.06
0.07
0.16
0.19
0.45
0.05
0.05
9.9
12.2
12.5
3.7
7.3
13.5
13.7
6.6
6.8
3.0
18.5
18.7
27.5
27.7
17.4
21.7
21.8
23.2
-0.4
0.5
9.5
12.1
19.6
20.6
13.6
14.4
9.3
24.5
25.7
26.0
27.0
42.0
37.4
38.4
NA
NA
NA
NA
NA
NA
NA
NA
NA
-0.08 24.8 32.5
-0.09 8.0 9.6
-0.06 1.6 5.7
0.07 12.2 14.7
0.43 26.3 34.0
0.32 6.7 32.3
NA
0.33
0.06
0.56
0.50
NA
10.7
8.2
24.8
12.6
NA
26.7
24.6
29.5
27.1
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
PremLgCoGrthA 15.81
UlStMuIncA
9.59
Wells Fargo Adv Cl C:
AstAllC p/r t
13.70
Wells Fargo Adv Inst:
CoreBd
12.90
Growth
48.86
MdCpVal
38.47
ShDurGovBdI
9.85
UlStInc
8.48
UlStMuInc
9.59
Westcore:
PlusBd n
10.73
Western Asset:
CoreBondI
12.65
CoreBondIS
12.67
CorePlusBdA 11.89
CorePlusBdI
11.90
CorePlusBdIS 11.90
IntermTermMuniA 6.44
0.08 24.7 28.3
0.00 0.9 0.8
NA
NA
NA
-0.02
0.46
0.32
0.00
0.00
0.00
3.2
26.5
6.8
1.0
1.2
1.1
8.4
34.9
33.3
3.1
3.4
1.7
NA
NA
NA
NA NA
NA NA
NA NA
NA NA
NA NA
-0.02 3.7
NA
NA
NA
NA
NA
7.0
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IntermTermMuniC 6.45
IntermTermMuniI 6.44
ManagedMuniA 16.34
ManagedMuniC 16.36
ManagedMuniI 16.37
ShortDurMuniC 5.10
TotalRetUnconI 10.81
Westwood:
IncomeOppI
15.63
Wilmington Funds:
LgCpStrInst
20.72
Wm Blair Funds Cl I:
30.23
IntlGthI r
SmCapValI
21.90
SmMidI r
24.44
Wm Blair Funds Cl N:
29.47
IntlGthN n
Wm Blair Funds Inst:
EmgMktGth
15.57
18.02
IntlGth
-0.02
-0.02
-0.06
-0.05
-0.05
0.00
NA
3.3
3.8
4.3
4.0
4.4
1.4
NA
0.01
7.4 13.6
NA
NA
5.2
7.4
8.8
7.0
9.1
0.9
NA
NA
-0.12 23.8 18.4
0.63 5.9 37.7
0.24 22.1 47.7
-0.12 23.5 17.3
-0.36 39.3 18.2
-0.07 23.8 18.8
MUTUAL FUND INDICATORS
August 2017
(Mil. $)
Latest
Month
Preceding
Month
Year Ago
Month
Total Long-Term Sales
286,915
r271,248
247,332
Redemptions
275,807
r256,993
247,485
Liquid Assets
771,714
r751,859
681,694
Liquid Assets Ratio, %
5.1%
5.0%
5.0%
Capital Appreciation
35,401
r31,362
28,550
Growth Funds
25,169
r21,407
17,197
Sector Funds
6,828
r7,058
7,853
Alternative Strategies
3,404
r2,897
3,500
World Equity
52,975
r53,515
33,872
Emerging Markets
8,395
r7,408
6,086
Global-Equity
10,413
r10,350
7,335
Int'l-Equity
32,483
r33,977
19,358
Regional-Equity
1,148
1,091
638
Alternate Strategies
536
689
455
Total Return
75,684
r69,629
60,693
Value
22,714
r21,020
20,256
Blend
52,970
r48,609
40,438
Total Sales Equity Funds
164,059
r154,506
123,116
Hybrid Funds
19,122
r18,483
23,131
Asset Allocation Funds
698
540
859
Balanced Funds
6,504
r5,982
7,229
Flexible Portfolio
3,664
r3,507
4,633
Income Mixed
4,300
4,103
4,917
Alternative Strategies
3,955
r4,351
5,493
Total Taxable Bond Funds
89,161
r85,047
83,719
Investment Grade Bond
45,863
r44,547
44,274
Multi-Term
17,094
r14,000
15,699
Long-Term
1,989
2,114
2,006
Intermediate-Term
13,438
r15,785
14,391
Short-Term
8,050
7,933
7,539
Ultrashort-Term
3,476
r2,875
2,623
Inflation Protected
1,816
r1,841
2,016
High-Yield Bond
9,494
r9,328
10,381
World Bond Funds
11,728
r12,641
10,648
Global Bond-Multi-Term
7,061
6,393
6,051
Global Bond-Short-Term
1,218
1,106
729
International Bond
3,449
r5,143
3,868
Gov't Bond Funds
6,249
5,572
7,237
Gov't Bond-Multi-Term
1,000
1,236
1,054
Gov't Bond-Long-Term
283
245
411
Gov't Bond-Intermediate
721
537
780
Gov't Bond-Short-Term
1,063
935
1,109
Mortgage-Backed
3,182
2,620
3,883
Total Muni Bond Funds
14,573
r13,212
17,367
State Muni Bond Funds
2,580
r2,371
3,406
National Muni Bond Funds
11,993
r10,841
13,961
Natl Muni-Multi-Term
8,204
r7,700
9,854
Natl Muni-Short-Term
3,790
3,141
4,106
Total Money Market
1,555,729 r1,343,677
1,603,603
Taxable Money Market
1,539,082 r1,325,467
1,573,420
Treas & Repo Money Market
311,702
263,772
272,829
Treas & Agency Money Market 1,098,178
r950,198
742,963
Prime Money Market
129,203
111,496
557,628
Tax-Exempt Money Market
16,647
18,210
30,183
National
13,529
15,126
25,265
State
3,118
3,084
4,918
Total Sales All Funds
1,842,644 r1,614,925
1,850,935
Redemptions All Funds
1,762,445 r1,588,452
1,834,532
Purch Common Stock
271,849
r254,695
251,573
Sales Common Stock
284,337
r260,776
269,696
Purch Other Securities
447,580
r430,898
433,974
Sales Other Securities
403,491
r366,558
382,652
Liquid Asset Ratio, %
3.3%
3.2%
3.2%
Total Net Assets (Bil. $)
17,824.4
r17,711.3
16,359.2
Stock Funds
9,658.1
r9,660.9
8,515.9
Hybrid Funds
1,473.8
1,473.6
1,402.0
Taxable Bond
3,313.2
3,277.6
3,053.4
Muni Bond
660.5
652.2
663.3
Taxable Money Mkt
2,590.3
2,516.8
2,572.9
Tax-Free Money Mkt
128.5
130.2
151.7
Net New Csh Flow (Mil $)
-533
r3,777
-9,881
Stock Mutual Funds
-16,506
r-13,782
-32,376
Hybrid Mutual Funds
-4,363
r-2,874
-588
Taxable Bond Funds
16,495
r18,170
16,460
Muni Bond Funds
3,841
r2,262
6,624
Money Market Funds
70,668
r12,780
17,623
r-Revised.
Source: Investment Company Institute Research Dept.
M36
BARRON’S
October 2, 2017
Weekly Closed-End Funds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Stock
Fund Name (Symbol)
Exch NAV
Friday, September 29, 2017
General Equity Funds
Adams Diversified Equity (ADX) ......
AdvntClymrEnhG&I (LCM) .............
Boulder Growth & Income (BIF) ......
Central Secs (CET)-c ........................
CohenStrsCEOppFd (FOF) ..............
Cornerstone Str Val (CLM) ..............
Cornerstone Total Return (CRF) ......
Eagle Capital Growth (GRF)-c ...........
EVTxAdvDivIncm (EVT) ..................
Engex (EXGI) ..................................
Equus II (EQS) ................................
Foxby Corp (FXBY) .........................
GabelliDiv&IncTr (GDV) .................
Gabelli Equity Tr (GAB)-h .................
GeneralAmer (GAM) .......................
GuggenhEnhEq (GPM) ...................
JHancockTaxAdvDiv (HTD) ............
Librty AllStr Eq (USA) .....................
Librty AllStr Gr (ASG) ......................
NuvTaxAdvTRStrat (JTA) ...............
Royce Micro-Cap Tr (RMT) .............
Royce Value Trust (RVT) .................
Source Capital (SOR) ......................
Special Opportunities (SPE) ............
Sprott Focus Trust (FUND) ..............
Tri-Continental (TY) ........................
Specialized Equity Funds
Adams Natural Resources (PEO) ....
GI NFJ DivInt&PremStr (NFJ) .........
AlpineGlbPremProp (AWP) ............
ASA Gold & Prec Met Ltd (ASA) .......
BR Enh C&I (CII) .............................
BlackRock Energy & Res (BGR) ......
BlackRock Eq Enh Div (BDJ) ...........
BlackRock Enh Glbl Div (BOE) .........
BlackRock Enh Intl Div (BGY) ..........
BlackRock Hlth Sciences (BME) ......
BlackRock Res & Comm (BCX) .......
BlackRock Sci&Tech Trust (BST) ....
BlackRock Util & Infr (BUI) ..............
Brookfield Gl Lsd Infr (INF) .............
CBRE ClrnGlbRlEst (IGR) ................
Center Coast MLP & Infra (CEN) ......
Centrl Fd Canada (CEF) ...................
ClearBridge Amer Engy ML (CBA) ...
ClearBridge Energy MLP (CEM) ......
CLEARBRIDGE ENGY MLP OPP (EMO)
CLEARBRIDGE ENGY MLP TR (CTR)
ChnStrGlbIncBldr (INB) ..................
ChnStrInfr (UTF) .............................
COHEN & STEERS MLP INC&E (MIE)
Cohen&SteersQualInc (RQI) ...........
CohenStrsREITPref (RNP) ..............
Cohen&Steers TotRet (RFI) ............
Columbia Sel Prm Tech Gr (STK) .....
Cushing Energy Income (SRF) ........
CushingMLPTotRet (SRV)-d ............
Cushing Renaissance (SZC) ............
DNP Select Income (DNP)-a .............
Duff&Ph Glbl Util Inc Fd (DPG) ........
Duff&Ph Sel Engy MLP Fd (DSE) .....
EtnVncEqtyInc (EOI) .......................
EtnVncEqtyIncoII (EOS) .................
EVRskMnDvsEqInc (ETJ) ...............
ETnVncTxMgdBuyWrtInc (ETB) .....
EtnVncTxMgdBuyWrtOpp (ETV) .....
EvTxMnDvsEqInc (ETY) .................
EtnVncTxMgdGlbB (ETW) ..............
EVTxMnGblDvEqInc (EXG) .............
FiducClayMLPOppty (FMO) ............
First Trust Energy Inc G (FEN) .........
First Tr Enhanced Eq (FFA) ..............
First Tr Specialty Fn (FGB) ...............
FirstTrEnergyInfra (FIF) ..................
FirstTrMLPEner&Inc (FEI) ..............
Gab Gl Util & Inc (GLU)-h .................
Gabelli Healthcare (GRX)-h ..............
Gab Utility (GUT)-h ..........................
GAMCOGlGold&NatRes (GGN) .......
GAMCO NR GLD & INC TR (GNT) ....
Goldman Sachs MLP IncOpp (GMZ)
N
N
N
A
N
A
A
A
N
O
N
O
N
N
N
N
N
N
N
N
N
N
N
N
O
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
A
N
A
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
A
N
N
N
N
A
N
N
A
N
N
17.68
12.09
31.09
13.93
9.16
22.78
9.47
2.84
24.01
6.43
42.33
8.72
26.24
6.65
5.48
14.03
10.40
17.22
44.12
8.75
28.72
22.86
14.44
7.24
13.31
16.42
15.08
9.67
14.41
6.96
35.20
9.99
26.10
21.00
15.11
8.82
10.56
10.49
25.32
11.10
13.45
22.68
13.33
21.54
10.11
13.32
19.78
9.89
17.73
6.25
14.47
15.25
9.93
16.25
14.69
11.91
11.52
9.39
12.73
24.16
16.22
6.88
19.29
14.80
21.96
11.52
5.42
5.48
7.13
Market
Price
Prem
/Disc
52 Week
Market
Return
15.21
8.61
10.20
25.85
13.19
14.81
14.63
7.97
22.13
NA
2.43
NA
22.39
6.50
36.02
8.56
25.86
6.03
5.23
13.72
9.38
15.79
40.22
15.86
7.73
25.55
– 14.0
NA
– 15.6
– 16.9
– 5.3
NA
NA
– 13.0
– 2.9
NA
NA
NA
– 6.7
+ 1.1
– 14.9
– 1.8
– 1.4
– 9.3
– 4.6
– 2.2
– 9.8
– 8.3
– 8.8
NA
– 11.7
– 11.0
25.2
13.8
27.1
27.3
16.7
23.9
25.7
15.7
19.2
NA
30.6
NA
24.2
27.1
22.4
23.3
14.1
27.8
32.4
23.6
29.7
34.5
13.6
12.1
18.5
24.6
19.65
13.40
6.63
11.88
15.60
13.73
9.07
13.56
6.56
36.46
8.89
24.43
21.04
13.51
7.90
10.56
12.67
8.57
14.84
12.16
12.71
9.71
23.00
10.43
12.56
21.20
12.46
22.34
8.69
12.06
18.71
11.48
16.23
6.45
14.02
14.96
9.43
16.75
15.32
11.66
11.84
9.35
12.92
24.65
15.05
6.86
18.77
15.25
20.54
10.11
7.05
5.61
6.99
9.33
–
–
–
–
–
–
–
–
–
+
–
–
+
–
–
+
4.9
16.2
32.5
19.5
21.3
1.4
22.8
19.2
19.4
16.1
16.8
39.1
15.2
7.5
1.8
0.3
8.3
4.4
0.2
0.8
6.4
19.9
17.6
5.7
1.7
13.3
2.1
35.2
5.9
0.2
22.1
21.1
3.5
5.6
19.9
17.2
11.3
9.8
11.3
19.3
19.1
19.9
7.6
0.3
21.2
9.0
4.9
0.9
19.8
4.4
15.7
3.5
0.5
6.8
–
–
–
–
–
–
+
–
–
–
+
–
+
–
–
–
+
+
–
+
–
+
+
–
–
–
+
–
–
+
+
–
14.0
7.2
8.4
10.7
5.0
9.0
6.2
5.9
5.7
3.6
11.0
6.4
0.2
10.6
10.4
0.0
NA
NA
NA
NA
NA
7.4
9.2
6.0
6.6
6.5
6.5
3.7
14.0
9.5
5.4
16.1
8.5
3.2
3.1
1.9
5.0
3.1
4.3
2.1
2.8
0.4
1.5
2.0
7.2
0.3
2.7
3.0
6.5
12.2
30.1
2.4
2.0
NA
–
–
–
–
–
–
–
–
a-NAV and market price are ex dividend. b-NAV is fully diluted. cNAV is as of Thursday’s close. d-NAV is as of Wednesday’s close.
e-NAV assumes rights offering is fully subscribed. f-Rights offering
in process. g-Rights offering announced. h-Lipper data has been adjusted for rights offering. j-Rights offering has expired, but Lipper
data not yet adjusted. l-NAV as of previous day. o-Tender offer in
process. Source: Lipper
Data provided by
TRACKING CLOSED - END FUNDS
Fund Name (Symbol)
September to Remember: Despite myriad geopolitical, humanitarian, and social
justice issues, the Herzfeld Average and the Dow continued their march higher, gaining 3.34% and 1.97%, respectively, for the month ended Thursday.
38400
Net Asset Value
41600
34900
39350
31400
34850
37100
*Herzfeld
Closed-End
Average
27900
4Q
1Q
2Q
32600
3Q
% Disc/Prem From Net Asset Value
-6
-7
-8
-9
-10
-11
-12
-13
24400
20900
Dow Industrials
4Q 16
1Q 17
2Q 17
17400
3Q 17
4Q 16
1Q 17
2Q 17
3Q 17
The Herzfeld Closed-End Average measures 15 equally-weighted closed-end funds based in the U.S. that invest principally in
American equities. The net assest value is a weighted average of the funds' NAVs. Source: Thomas J. Herzfeld Advisors Inc., Miami.
305-271-1900/www.herzfeld.com
Fund Name (Symbol)
Stock
Exch NAV
Goldman Sachs MLP&En Ren (GER)
J Han Finl Opptys (BTO) ..................
MacquarieGlbIInfraTR (MGU) .........
Macquarie/FirstTr Gl (MFD) ............
Madison CovCall & Eq Str (MCN) ....
MdsnStrSectPrem (MSP) ...............
Neuberger Berman MLP Inc (NML) .
NubrgrRlEstSec (NRO) ...................
Nuv Dow 30 Dyn Overwrite (DIAX) ..
Nuv AC Engy MLP Opps (JMLP) ......
NuvCorEqAlpha (JCE) .....................
NuveenDiversDiv&Inc (JDD) ..........
Nuveen Engy MLP Tot Rtn (JMF) .....
Nuveen Nasdaq 100 Dyn Ov (QQQX)
Nuv Real Est (JRS) ..........................
Nuveen Rl Asst Inc & Gro (JRI) ........
NuvS&P500DynOvFd (SPXX) .........
NuvSP500BuyIncFd (BXMX) ..........
PIMGlbStkPI (PGP) ........................
PREDEX (PRDEX)-a .........................
Principal Real Est Inc (PGZ) ............
ReavesUtilityIncome (UTG) ............
Resource RE Div Inc:D (N/A) ...........
Resource RE Div Inc:T (N/A) ...........
Resource RE Div Inc:U (N/A) ...........
RMRRealEstInc (RIF) .....................
Salient Midstream & MLP (SMM) ...
Tekla Health Inv (HQH) ....................
Tekla Healthcare Opps (THQ) ..........
Tekla Life Sciences Inv (HQL) ..........
Tekla World Healthcare (THW) ........
Tortoise Energy Ind (NDP) ..............
Tortoise Enrgy Infra Crp (TYG) ........
Tortoise MLP (NTG) ........................
Tortoise Pipelne & Enrgy (TTP) .......
Tortoise Pwr & Engy Infr (TPZ) .......
Voya Asia Pac Hi Div Eq (IAE) ..........
Voya Gl Adv & Prem Opp (IGA) ........
Voya Gl Eq Div & Prem Op (IGD) ......
Voya Itl Hi Div Eqty Inc (IID) ............
Voya Nat Res Eq Inc (IRR) ...............
Wells Fargo Ut & Hi Inc (ERH) .........
Income & Preferred Stock Funds
CalamosStratTot (CSQ) ..................
CohenStrsLtdDurPref&Inc (LDP) ...
CohenStrsSelPref&Income (PSF) ...
Del Div & Inc (DDF) .........................
Dividend & Income (DNI) ................
N
N
N
N
N
N
N
A
N
N
N
N
N
N
A
N
N
N
N
N
N
A
A
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
A
N
N
N
N
N
36.10
27.85
13.77
8.25
12.30
10.19
5.89
17.79
8.90
15.69
12.86
11.82
22.01
11.23
19.67
14.17
19.59
34.57
10.30
10.12
10.15
23.55
12.51
26.02
20.12
21.62
15.55
12.92
26.57
17.59
20.79
22.63
11.65
12.20
8.35
7.20
6.43
12.58
27.30
27.94
11.84
15.44
Market
Price
6.95
37.26
26.27
13.64
7.85
12.01
9.50
5.61
16.96
8.89
15.54
12.86
12.06
22.12
11.15
18.00
15.64
13.98
16.72
NA
17.96
31.70
NA
NA
NA
19.32
11.57
25.23
18.57
21.48
14.56
13.36
28.96
18.12
19.26
21.30
10.71
11.51
8.11
7.71
6.60
12.91
12.13
26.79
28.25
10.76
12.86
Prem
/Disc
+
–
–
–
–
–
–
–
–
–
+
+
+
–
–
–
–
–
–
–
–
–
–
–
+
+
+
–
–
–
–
–
+
+
NA
3.2
5.7
0.9
4.8
2.4
6.8
4.8
4.7
0.1
1.0
0.0
2.0
0.5
0.7
8.5
NA
1.3
NA
NA
8.3
8.3
NA
NA
NA
18.0
7.5
3.0
7.7
0.6
6.4
3.4
9.0
3.0
7.4
5.9
8.1
5.7
2.9
7.1
2.6
NA
– 3.6
– 1.9
+ 1.1
– 9.1
– 16.7
52 Week
Market
Return
–
–
–
–
–
–
4.3
40.1
28.5
19.1
10.5
11.4
9.7
8.2
25.5
1.6
22.2
20.3
1.8
25.1
2.7
12.9
21.1
13.0
3.2
NA
12.6
13.3
NA
NA
NA
5.3
1.4
14.9
14.8
24.5
9.4
5.1
3.0
0.8
1.5
2.1
19.0
24.8
24.3
28.8
7.3
11.5
29.0
14.7
15.4
13.9
21.5
Fund Name (Symbol)
Stock
Exch NAV
Eagle Gr and Inc Opps (EGIF) ..........
FirstTrIntDurPref&Inc (FPF) ...........
FlrtyPfd Income (PFD) ....................
FFlrtyPfdIncomeOp (PFO) ...............
Flrty&CrmneDynPfd&Inc (DFP) ......
Flrty&CrmnePfdSec (FFC) ..............
Flrty&CrmneTotRet (FLC) ...............
Gabelli Go Anywhere Tr (GGO) ........
JHanPrefInc (HPI) ..........................
JHPrefIncII (HPF) ...........................
HnckJPfdInco III (HPS) ..................
J Han Prm (PDT) .............................
LMP CapInco (SCD) ........................
Nuveen Pref & I 2022 Trm (JPT) ......
Nuveen Pref & Inc Term (JPI) ..........
Nuveen Pref Inc Opp (JPC) ..............
Nuveen Fd (JPS) .............................
Nuveen TxAdvDivGr (JTD) ..............
RiverNorth DL Str Oppty (OPP) .......
RiverNorth Opportunities (RIV) ......
TCW Strat Income (TSI) ..................
Virtus Global Div & Inc (ZTR) ..........
Convertible Sec's. Funds
AdvntClymrFd (AVK) ......................
Advent Clay Conv Secs (AGC) .........
AllianzGI Con & Inc 2024 (CBH) ......
GI Conv & Inc (NCV) .......................
AGI Conv & Inc II (NCZ) ...................
AGI Dvs Inc & Conv (ACV) ...............
AGI Eqty & Conv Inc (NIE) ...............
Bancroft Fund Ltd (BCV) .................
CalamosConvHi (CHY) ...................
CalmosConvOp (CHI) .....................
Ellsworth G&I Fund Ltd (ECF) ..........
Gabelli Conv Sec (GCV) ...................
PutnamHiIncBd (PCF) ....................
World Equity Funds
AbrdnAusEq (IAF) ...........................
Aberdeen Chile (CH) .......................
Aberdeen EM SmCo Opptys (ABE) ..
AberdeenGreaterChina (GCH) .........
Aberdeen Indonesia (IF) ..................
ISL (ISL) .........................................
Aberdeen Japan Equity (JEQ) ..........
Aberdeen Latin Amer Eq (LAQ) ........
Aberdeen Singapore (SGF) .............
AlpineGlobDynamicDiv (AGD) ........
AlpineTotalDynDivFun (AOD) .........
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
A
N
N
A
N
N
A
A
A
N
A
A
N
A
N
N
N
19.34
25.11
14.43
12.01
26.48
20.45
21.79
19.80
21.67
21.44
19.12
15.97
Market
Price
Prem
/Disc
52 Week
Market
Return
16.91
24.72
15.15
12.25
26.50
21.40
21.48
NA
21.93
21.91
18.80
16.87
14.54
25.49
25.18
10.57
10.41
16.84
19.10
20.64
5.80
13.20
– 12.6
– 1.6
+ 5.0
+ 2.0
+ 0.1
+ 4.6
– 1.4
NA
+ 1.2
+ 2.2
– 1.7
+ 5.6
NA
+ 0.0
– 2.8
– 2.1
+ 0.6
– 3.2
NA
– 0.2
NA
NA
7.0
14.8
7.7
14.5
13.6
11.3
10.6
NA
5.7
5.2
5.2
13.2
16.6
NS
10.1
14.0
17.2
23.0
2.3
15.9
14.2
28.1
9.85
6.69
6.00
22.38
22.27
24.11
11.89
11.27
10.18
5.58
9.64
16.19
6.24
9.95
7.10
6.25
21.49
20.70
21.89
11.90
11.53
9.26
5.77
8.93
+
+
+
–
–
–
+
+
–
+
–
NA
NA
1.0
6.1
4.2
4.0
7.0
9.2
0.1
2.3
9.0
3.4
7.4
20.1
18.9
NS
18.3
18.4
24.8
19.5
10.6
20.3
24.1
18.9
31.3
16.2
11.39
9.89
6.19
8.39
13.97
11.73
7.76
20.50
8.71
27.36
11.64
10.61 –
9.00 –
NA
NA
NA
NA
NA
NA
NA
NA
NA
6.8
9.0
18.1
33.8
11.5
30.5
17.5
26.1
10.4
30.7
24.5
32.3
28.2
25.49
25.91
10.80
10.35
17.40
20.69
Stock
Exch NAV
AsiaPacFd (APB) ............................
Asia Tigers (GRR) ...........................
Calamos GloDynInc (CHW) .............
Cdn Genl Inv (CGI)-y ........................
Cdn Wrld Fd Ltd (T.CWF)-y ...............
Central and Eastern Euro (CEE) .......
China (CHN) ...................................
CloughGlobDivandInc (GLV) ..........
CloughGlobalEquity (GLQ) .............
CloughGlobalOpprty (GLO) .............
Delaware Enh Gl Div & In (DEX) .......
EV TxAdvGlbDivInc (ETG) ...............
EtnVncTxAdvOpp (ETO) .................
Economic Inv Tr (EVT.T)-cy ..............
European Equity Fund Inc (EEA) ......
FirstTrAbEmergOp (FEO) ................
FirstTr Dyn Euro Eq Inc (FDEU) .......
Gabelli Gl Sm&Mid Cp Val (GGZ) .....
Gabelli Multimedia (GGT)-h .............
GDL Fund (GDL) .............................
Herzfeld Caribb (CUBA) ..................
India Fund (IFN) ..............................
J Han Hdgd Ety & Inc (HEQ) ............
JHancockTaxAdv Gl Sh Yld (HTY) ...
Japan Smaller Cap (JOF) .................
Korea (KF) ......................................
LatAmDiscy (LDF) ..........................
LazardGlbTotRetInc (LGI) ...............
LazardWorldDiv&IncFd (LOR) ........
MexicoEqandIncmFd (MXE) ...........
Mexico (MXF) .................................
Miller/Howard High Inc E (HIE) .......
MS Asia (APF) ................................
MS ChinaShrFd (CAF)-J ...................
MS EmgMkt (MSF) .........................
MS India (IIF) ..................................
New Germany (GF) .........................
New Ireland (IRL) ...........................
RENN Fund (RCG) ..........................
Royce Global Value Trust (RGT) ......
Swiss Helvetia (SWZ) .....................
Taiwan (TWN) ................................
Templeton Dragon (TDF)-a ..............
Templeton Em Mkt (EMF) ...............
ThaiFd (TTF) ...................................
TurkishFd (TKF) ..............................
United Corps Ltd (UNC.T)-cy ............
VirtusTotalRetFd (ZF) .....................
Voya Em Mkts Hi Div Eqty (IHD) ......
Voya Infr Indus & Matr (IDE) ...........
Fund Name (Symbol)
Prem
/Disc
52 Week
Market
Return
N 14.60 13.88 – 4.9
34.3
N
12.39
NA
23.9
N
9.07
9.04 – 0.3
34.0
T 30.58 21.83 – 28.6
24.2
T
8.95
NA
NA
NA
N 27.77 24.72 – 11.0
30.7
N 22.20 20.35 – 8.3
27.7
A 14.47 13.91 – 3.9
26.6
A 14.08 13.26 – 5.8
28.9
A 11.78 11.16 – 5.3
28.2
N 13.01 11.86 – 8.8
24.3
N 17.99 17.20 – 4.4
24.8
N 24.29 24.57 + 1.2
24.7
NA
T 147.13 116.00 – 21.2
N 10.71
9.68 – 9.6
24.1
N 17.91 16.67 – 6.9
20.4
N 20.03 19.42 – 3.0
34.6
N 15.16 13.22 – 12.8
22.2
N
9.22
9.68 + 5.0
38.7
N 11.62 10.20 – 12.2
11.5
O
8.42
7.25 – 13.9
18.0
N
26.79
NA
16.8
N 17.75 17.62 – 0.7
18.6
N
8.87
9.20 + 3.7 – 5.8
N 14.15 12.55 – 11.3
30.5
N 45.61 40.46 – 11.3
13.5
N 13.72 12.08 – 12.0
21.1
N 18.74 16.76 – 10.6
28.0
N 12.42 11.32 – 8.9
20.0
N 13.15 11.59 – 11.9
11.9
N 19.46 17.18 – 11.7
10.2
N 12.87 14.12 + 9.7
26.7
N 19.65 17.24 – 12.3
15.5
N 27.08 23.86 – 11.9
27.7
N 19.40 17.38 – 10.4
20.2
N 38.78 34.24 – 11.7
26.5
N 20.52 18.57 – 9.5
37.3
N 15.58 13.72 – 11.9
22.2
A
1.40
NA
10.2
N 11.88 10.35 – 12.9
29.6
N 14.03 12.77 – 9.0
20.9
N 23.36 20.58 – 11.9
18.8
N 23.35 20.80 – 10.9
28.9
N 18.40 16.49 – 10.4
34.8
N 10.85
9.74 – 10.2
31.5
N
9.75
9.38 – 3.8
18.6
T 129.69 94.26 – 27.3
0.4
N 13.60 13.04 – 4.1
18.5
N
9.82
9.49 – 3.4
27.5
N 16.59 16.43 – 1.0
33.0
Stock
Exch NAV
Wells Fargo Gl Div Oppty (EOD) .......
U.S. Mortgage Bond Funds
BlckRk Income (BKT) ......................
First Trust Mtge Inc (FMY) ..............
Nuveen Mtge Oppty Term (JLS) ......
Nuveen Mtge Oppty Term 2 (JMT) ...
Nuveen Multi-Market Inc (JMM)-c ...
Westn Asst Mtge Def Opp (DMO) ....
Investment Grade Bond Funds
BlRck Core Bond (BHK) ..................
BR Credit Alloc Inc (BTZ) .................
BR Enhcd Govt (EGF) ......................
Insight Select Income (INSI)-a .........
InvescoBond (VBF) .........................
J Han Income (JHS) ........................
MFS Govt Mkts (MGF) ....................
MFS Intmdt (MIN) ..........................
MS Income Secs (ICB) ....................
Western Asset Income (PAI) ...........
WesternAssetPremBd (WEA) .........
InfLnkOpp&Income (WIW) .............
InfLnkSec&Income (WIA) ..............
Westn Asst IG Def Opp Tr (IGI) ........
Loan Participation Funds
Apollo Senior Floating (AFT) ...........
BR Debt Strategy (DSU) ..................
BR F/R Inc Str (FRA) .......................
BlackRock Floatng Rt Inc (BGT) ......
Blackstone / GSO Strat (BGB) ..........
Blackstone/GSO LS Cr Inc (BGX) .....
Blackstone/GSO Sr Flt Rt (BSL) .......
Eagle Point Credit (ECC) ..................
Eaton Vance F-R 2022 TT (XEFLX) ...
EtnVncFltRteInc (EFT) ....................
EtnVncFltRteIncPlus (EFF) ..............
EV SenFlRtTr (EFR) .........................
EVSnrIncm (EVF) ...........................
Market
Price
N
Market
Price
12 mos
Prem
Yield
/Disc 8/31/17
NA
19.3
N
N
N
N
N
N
6.69
15.50
26.42
25.44
8.17
6.27
6.28
14.26
25.36
24.55
7.59
25.57
–
–
–
–
–
6.1
8.0
4.0
3.5
7.1
NA
5.0
5.4
5.2
5.4
5.7
11.4
N
N
N
N
N
N
N
N
N
N
N
N
N
N
14.83
14.83
14.04
21.12
20.43
15.50
5.15
4.49
19.53
NA
NA
NA
NA
NA
14.06
13.57
13.64
20.10
20.01
14.83
4.94
4.28
18.30
16.42
13.83
11.28
11.55
21.22
–
–
–
–
–
–
–
–
–
5.2
8.5
2.8
4.8
2.1
4.3
4.1
4.7
6.3
NA
NA
NA
NA
NA
5.5
6.3
3.6
4.0
4.3
5.5
7.8
9.0
4.0
4.2
6.4
3.5
3.1
4.8
N
N
N
N
N
N
N
N
N
N
N
N
N
18.06
12.73
14.95
14.44
NA
NA
NA
NA
9.82
15.51
17.95
15.16
7.16
16.75
11.67
14.36
14.11
15.98
16.08
17.58
20.69
NA
14.62
16.61
14.94
6.62
–
–
–
–
7.3
8.3
3.9
2.3
NA
NA
NA
NA
NA
5.7
7.5
1.5
7.5
7.3
6.9
5.7
5.5
8.4
9.2
6.6
9.8
NS
5.8
5.8
6.0
5.7
–
–
–
–
TOP RETAIL MONEY FUND YIELDS
(10 Highest 7-Day Compound Yields for Period Ended September 26, 2017)
Government Money Funds
Prime Money Funds
7-Day Yields
Simple
Compound
Gabelli US Treasury MMF/Cl AAA k
Vanguard Federal MMF
Vanguard Treasury MMF h
Deutsche Gov&Agy/Deutsche G&A MF k
PNC Government MMF/Cl A k
PNC Treasury MMF/Cl A k
Payden Cash Reserves MMF k
Northern US Govt Select MMF k
PIMCO Govt MMF/Cl A k
Northern US Govt MMF k
0.98%
0.98
0.96
0.90
0.88
0.81
0.80
0.74
0.74
0.73
0.98%
0.98
0.96
0.90
0.88
0.81
0.80
0.74
0.74
0.73
iMoneyNet MONEY FUND
AVERAGETM/GOVT
0.43%
0.43%
Telephone #
(800) 422-3554
(800) 662-7447
(800) 662-7447
(800) 730-1313
(800) 622-3863
(800) 622-3863
(800) 572-9336
(800) 595-9111
(800) 426-0107
(800) 595-9111
Yield column represents compounded (effective) rate of return to shareholders for the past
seven days. Past returns are not necessarily indicative of future yields. Investment quality
and maturity may vary among funds.
Tax-Free Money Funds
7-Day Yields
Simple
Compound
Fidelity Inv Money Market/Instit kh
JPMorgan Liquid Assets MMF/Capitalk h
Federated Prime Cash Oblig/Wealthk h
BlackRock MMP/Instit Cl k h
Invesco Premier Portfolio/Inst k h
First Amer Retail Prime Obligs/ClZ k h
Dreyfus Prime MMF/Cl A h
Vanguard Prime MMF/Investor
Schwab Value Adv MF/Ultra k h
BMO Prime MMF/Premier k h
1.27%
1.21
1.20
1.19
1.17
1.15
1.14
1.12
1.11
1.04
1.28%
1.22
1.21
1.20
1.18
1.16
1.15
1.13
1.12
1.05
iMoneyNet MONEY FUND
AVERAGETM/TAXABLE
0.68%
0.68%
7-Day Yields
Simple
Compound
Telephone #
(800) 544-6666
(800) 480-4111
(800) 245-0242
(800) 441-7762
(800) 525-8085
(800) 677-3863
(800) 242-2224
(800) 662-7447
(800) 435-4000
(800) 236-3863
(k) All or a portion of fund's expenses are currently being waived or reimbursed.
(h) Fund requires a minimum initial investment of $50,000 or more. Table excludes funds
with restricted access.
Northern Municipal MMF k
Federated Muni Oblig Fund/Wealth kh
Vanguard Municipal MMF/Investor
Vanguard NY Muni MMF
Federated T-F Oblig Fund/Wealth kh
BMO Tax Free MMF/Premier k h
Deutsche T-E/Deutsche T-E Cash Prem k h
Fidelity Inv Tax-Exempt/Cl I k h
UBS Tax-Free Preferred Fund k h
Vanguard NJ Muni MMF
0.86%
0.83
0.78
0.76
0.75
0.74
0.74
0.74
0.74
0.74
0.86%
0.83
0.78
0.76
0.75
0.74
0.74
0.74
0.74
0.74
iMoneyNet MONEY FUND
AVERAGETM/TAX-FREE
0.40%
0.40%
Telephone #
(800) 595-9111
(800) 341-7400
(800) 662-7447
(800) 662-7447
(800) 341-7400
(800) 236-3863
(800) 730-1313
(800) 544-6666
(800) 647-1568
(800) 662-7447
Reprinted in condensed form with permission from MONEY FUND REPORT, a service of
iMoneyNet, Inc., Westborough, Mass. 01581, (508) 616-6600. On the Web at http://
www.imoneynet.com.
October 2, 2017
BARRON’S
M37
Weekly Closed-End Funds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Fund Name (Symbol)
Stock
Exch NAV
FT/Sr Fltg Rte Inc 2 (FCT) ................ N
FT/Sr Fltg Rte 2022 TgTr (FIV) ......... N
InvDYCrOpp (VTA) ......................... N
InvSnrIncTr (VVR) .......................... N
Nuveen Credit Strat Inc (JQC) ......... N
NuvFloatRateIncFd (JFR) ................ N
NuvFloatRteIncOppty (JRO) ........... N
Nuveen Senior Income (NSL) .......... N
Nuveen Sht Dur Crdt Opp (JSD) ...... N
PionrFltRate Tr (PHD) ..................... N
THL Credit Senior Loan (TSLF) ........ N
Voya Prime Rate Trust (PPR) .......... N
WA Corporate Loan (TLI) ................ N
High Yield Bond Funds
AllianceBernGlHiIncm (AWF) .......... N
Avenue In Crdt Str (ACP) ................. N
Barings Glb SD HY Bd (BGH) ........... N
BR Corporate HY (HYT) .................. N
BlackRock Ltd Dur Inc (BLW) .......... N
Brookfield Real Asst Inc (RA) .......... N
CrSuisHighYld (DHY) ..................... A
CSAM Income Fd (CIK) ................... A
DoubleLine Inc Sol (DSL) ................ N
Dryfs Hi Yld Str (DHF) ..................... N
EVHiInc2021 (EHT) ........................ N
First Tr Hi Inc Lng/Shrt (FSD) .......... N
FirstTrStrHiInc2 (FHY) .................... N
Franklin Univ (FT) ........................... N
Guggeneheim Strat Opps (GOF) ...... N
InvHighIncTrII (VLT) ...................... N
IVY HIGH INCOME OPP (IVH) ......... N
MFS IntmdHgInc (CIF) .................... N
MFS Special Value (MFV) ................ N
NeubHgYldStrt (NHS) ..................... N
New Amer Hi Inc (HYB) ................... N
NexPointCreditStrat (NHF) ............. N
Nuveen Crdt Opps 2022 TT (JCO) .... N
Nuveen Global High Inc (JGH) ......... N
Nuveen Hi Inc 2020 Trgt (JHY) ........ N
Nuveen HI Dec 2018 Tgt (JHA) ........ N
Nuveen HI Dec 2019 Tgt (JHD) ........ N
Nuveen HI Nov 2021 Tgt (JHB) ........ N
PIMCO Flexible Cr I;Inst (N/A) .........
PionrDivHiIncTr (HNW) .................. A
PioneerHilncmTr (PHT) .................. N
Prudential Gl Sht Dur HY (GHY) ....... N
Prudential Sht Dur HY (ISD) ............ N
Wells Fargo Income Oppty (EAD) .... A
WstAstGlHiInco (EHI) ..................... N
WstAstHIF II (HIX) .......................... N
Western Asset Hi Inc Opp (HIO) ...... N
Western Asset Hi Yld D O (HYI) ....... N
Other Domestic Taxable Bond Funds
Apollo Tactical Income (AIF) ........... N
Ares Dynamic Crdt Alloc (ARDC) ..... N
Barings Corporate Inv (MCI) ........... N
Barings Part Inv (MPV) ................... N
BlackRock Mlt-Sctr Inc (BIT) .......... N
BlackRock Tax Muni Bd (BBN) ........ N
DoubleLine:Oppor Crdt Fd (DBL) .... N
Duff&Ph Util Cor (DUC) .................. N
EVLmtDurIncm (EVV) ..................... A
Franklin Ltd Dur Income (FTF) ......... A
Guggenheim Credit Alloc (GGM) ..... N
Guggenheim Tx Mun Mgd Dr (GBAB)
N
Invesco HI 2023 Tgt Term (IHIT) ..... N
J Han Investors (JHI) ...................... N
KKR Income Opportunities (KIO) .... N
MFS Charter (MCR) ........................ N
MFS Multimkt (MMT) ..................... N
Nuveen Bld Amer Bd Oppty (NBD) ... N
Nuveen Build Amer Bond (NBB) ...... N
PCM Fund (PCM) ............................ N
PIMCO Corp & Inc Oppty (PTY) ....... N
PIMCO Corp & Inc Strat (PCN) ........ N
PIMCOHilnco (PHK) ....................... N
PIMCO IncmStrFd (PFL) ................. N
PIMCO IncmStrFd II (PFN) .............. N
Putnam Mas Int (PIM) .................... N
Putnam Prem Inc (PPT) .................. N
Wells Fargo Multi-Sector (ERC) ...... A
World Income Funds
Abrdn AP IncFd (FAX) ..................... A
Aberdeen Global Income (FCO) ....... N
BlackRock 2022 Gl Inc Op (BGIO) ... N
EtnVncStDivInc (EVG) .................... N
First Tr/Ab Glbl Inc (FAM) ................ N
Legg Mason BW Gl Inc Opp (BWG) .. N
MS EmMktDomDebt (EDD)-a .......... N
Ms EmMktDebtFd (MSD)-a .............. N
Market
Price
14.12
9.78
13.03
4.88
9.20
11.61
11.53
6.88
17.83
12.47
18.50
5.65
NA
13.49
9.69
11.92
4.49
8.49
11.71
11.83
6.69
17.38
11.96
17.51
5.23
10.87
NA
15.18
21.40
12.31
17.05
25.38
2.80
3.61
NA
3.58
10.35
18.27
14.56
8.17
19.74
16.47
16.33
2.84
6.02
NA
10.35
NA
9.95
18.60
9.95
10.12
10.30
10.18
NA
17.40
10.85
16.52
16.72
NA
NA
NA
NA
NA
13.05
14.75
20.60
11.30
16.11
23.79
2.88
3.39
21.25
3.53
10.16
17.02
13.62
7.27
21.30
15.10
15.97
2.93
6.59
12.16
9.94
23.05
9.85
17.37
10.11
10.04
10.12
10.07
NA
16.57
10.00
14.93
15.26
8.75
10.29
7.21
5.13
15.55
17.43
NA
NA
NA
19.95
23.60
NA
9.77
15.16
NA
22.54
23.32
10.09
18.73
NA
9.35
6.69
23.14
22.16
NA
NA
NA
NA
NA
NA
5.03
5.57
NA
16.21
16.40
15.79
14.43
18.70
23.37
24.04
9.24
14.03
12.01
23.19
22.80
10.12
18.15
17.90
8.67
6.24
22.03
21.47
11.64
16.78
17.43
8.32
12.12
10.70
4.73
5.32
13.42
NA
NA
10.01
15.31
13.06
NA
9.00
11.08
5.16
8.91
10.05
14.24
11.79
13.44
8.04
10.07
12 mos
Prem
Yield
/Disc 8/31/17
–
–
–
–
–
+
+
–
–
–
–
–
–
–
–
–
–
+
–
–
–
–
–
–
+
–
–
+
+
–
–
–
+
–
–
–
–
–
–
–
–
4.5
0.9
8.5
8.0
7.7
0.9
2.6
2.8
2.5
4.1
5.4
7.4
NA
6.1
NS
7.3
6.1
7.4
6.7
7.1
7.0
7.2
6.1
7.0
6.0
7.9
NA
2.8
3.7
8.2
5.5
6.3
2.9
6.1
NA
1.4
1.8
6.8
6.5
11.0
7.9
8.3
2.2
3.2
9.5
NA
4.0
NA
1.0
6.6
1.6
0.8
1.7
1.1
NA
4.8
7.9
9.6
8.7
NA
NA
NA
NA
NA
6.9
9.98
9.0
8.0
7.9
NS
9.6
7.8
8.6
8.9
5.9
7.7
7.8
5.3
10.2
7.1
9.5
9.7
9.1
7.7
7.8
11.1
NS
8.3
6.4
5.5
5.9
5.4
NS
8.8
8.7
7.8
7.9
9.0
9.4
8.9
7.4
8.0
7.0
NA
NA
NA
6.3
1.0
NA
5.4
7.5
NA
2.9
2.2
0.3
3.1
NA
7.3
6.7
4.8
3.1
NA
NA
NA
NA
NA
NA
6.0
4.5
NA
8.9
7.5
3.8
3.7
9.6
6.6
8.1
6.4
7.2
10.6
9.4
6.5
NS
7.1
9.1
8.6
8.6
5.2
5.7
12.5
10.3
10.5
12.7
8.9
9.0
6.6
5.7
8.9
NA
NA
0.4
7.0
9.7
NA
– 10.7
– 9.1
8.1
9.4
NS
7.0
7.6
6.6
8.4
6.1
–
–
–
–
+
–
+
–
–
–
–
–
–
–
+
–
–
Fund Name (Symbol)
Stock
Exch NAV
PIMCO Dyn Crd & Mrt Inc (PCI) .......
PIMCO Dynamic Income (PDI) ........
PIMCO Income Opportunity (PKO) ..
PIMCO Stratg Inc (RCS) ..................
StoneHarbor EM Tot Inc (EDI) .........
StoneHarbor Emg Mkts Inc (EDF) ...
Templeton Em Inc (TEI)-a ................
Templtn Glbl Inc (GIM)-a .................
Virtus Gl MSec Inc (VGI) .................
WstAstEmergDebt (EMD) ...............
Western Asset Gl Cr D Op (GDO) .....
WstAstVarRte (GFY) .......................
National Muni Bond Funds
AllBerNatlMunInc (AFB) .................
BlckRk Inv Q Mun (BKN) .................
BlckRk L-T Muni Adv (BTA) .............
BR Mu InDur (MUI) .........................
BR MuniNY IntDu (MNE) ................
BlckRk Muni 2018 (BPK) ................
BlackRock Muni 2020 (BKK) ...........
BlackRock Muni 2030 Tgt (BTT) ......
BlackRock Mun Bd (BBK) ................
BlackRock Muni (BFK) ....................
BlackRock Muni II (BLE) .................
BlckRk Mun Inc Inv (BBF) ...............
BlckRk Muni Inc Qly (BYM) .............
BlckRk Muni Inc Inv Qly (BAF) .........
BR MuniAssets Fd (MUA) ...............
BR MuniEnhanced (MEN) ...............
BR MuniHoldng2 (MUH) .................
BR MuniHoldings Qly (MFL) ...........
BR MH Qly (MUS) ...........................
BR MH Qly 2 (MUE) .........................
BR MuniHoldngs (MHD) .................
BR MuniVest Fd (MVF) ....................
BR MuniVest 2 (MVT) .....................
BR MuniYield Fd (MYD) ..................
BR MuniYld Invest Qly (MFT) ..........
BR MuniYield Qlty (MQY) ................
BR MuniYld Qlty2 (MQT) ................
BR MuniYld Qly 3 (MYI) ..................
BR MuniYldInv (MYF) .....................
BlckRk Str Muni (BSD) ....................
Del Inv Natl Muni Income (VFL) .......
Deutsche Muni Inc (KTF) ................
Deutsche Strat Mun (KSM) .............
Dreyfus Muni Bd Infra (DMB) ..........
Dreyfus Income (DMF) ...................
Dreyfus Str Muni (DSM) .................
Dreyfus St Munis (LEO) ..................
DTF Tax-Free Income (DTF) ............
EVMuniBd (EIM) .............................
EVMuniBdII (EIV) ...........................
EVMuniIncm (EVN) ........................
EVNatMuniOpp (EOT) .....................
Eaton Vance Tx-Ad Bd&Opt (EXD) ...
FedPremIntMuInc (FPT) .................
FedPremMuInc (FMN) ....................
InvAdvMuIncTrII (VKI) ...................
Invesco MuniOp (OIA) ....................
InvescoMuOppTr (VMO) ................
InvescoMuTr (VKQ) ........................
InvescoQual Inc (IQI) ......................
InvTrInvGrMu (VGM) .....................
InvescoValMunInc (IIM) .................
MAINSTAY:DEFTERM MUNIOPP (MMD)
MFS HgIncMuniTr (CXE) ................
MFS HgYldMuniTr (CMU) ...............
MFS Inv Gr (CXH) ...........................
MFS Muni Inco (MFM) ....................
Mgd Dur Inv Grade Muni (MZF) .......
NeubrgrBrmCA (NBW)-a .................
NeubrgrBrm (NBH)-a .......................
NeubrgeBrmNY (NBO)-a ..................
Nuveen AMT-Fr Mu Val (NUW) ........
Nuveen AMT-Fr Qlty Mun I (NEA) ....
Nuveen AMT-Fr Mu CI (NVG) ..........
Nuv Enh Muni Cr Inc (NZF) ..............
Nuveen Enh Muni Val (NEV) ............
Nuveen Int Dur Mun Term (NID) ......
Nuveen Int Dur Qlty Mun (NIQ) ........
NuvMuni2021TgtTerm (NHA) .........
NuvMuniHiIncOpp (NMZ) ...............
Nuveen Muni Inc (NMI) ...................
Nuveen Muni Val (NUV) ..................
Nuveen Quality Muni Inc (NAD) .......
Nuveen Sel Mat (NIM) .....................
Nuveen Sel TF (NXP) .......................
Nuveen Sel TF 2 (NXQ) ....................
Nuveen Sel TF 3 (NXR) ....................
PIMCO MuniInc (PMF) ....................
Market
Price
12 mos
Prem
Yield
/Disc 8/31/17
N
N
N
N
N
N
N
N
N
N
N
N
NA
NA
NA
NA
15.66
15.12
13.04
7.48
NA
NA
NA
NA
23.06
30.86
26.35
9.73
16.15
16.89
11.57
6.74
18.10
15.74
18.23
17.39
+
+
–
–
NA
NA
NA
NA
3.1
11.7
11.3
9.9
NA
NA
NA
NA
11.4
13.4
10.0
9.0
11.6
12.7
5.3
6.4
9.0
7.2
7.5
5.2
N
N
N
N
N
N
N
N
N
N
A
N
N
N
N
N
N
N
N
N
N
A
N
N
N
N
N
N
N
N
A
N
N
N
A
N
N
N
A
A
N
N
N
N
N
A
N
N
N
N
N
N
N
N
N
N
N
N
A
A
A
N
A
A
A
N
N
N
N
A
N
N
N
N
N
N
N
N
14.94
15.86
12.56
15.51
15.47
15.07
15.59
24.03
16.18
14.46
15.07
14.43
15.20
15.57
14.20
11.96
15.69
14.76
14.01
14.12
17.06
9.68
15.31
14.90
14.54
15.84
13.89
14.47
14.88
14.46
14.66
12.63
12.49
14.19
9.35
8.42
8.63
15.69
13.74
13.57
13.50
21.92
12.23
14.43
15.13
12.20
7.57
13.57
13.56
13.68
14.06
16.31
20.30
5.40
4.86
10.66
7.40
14.76
15.29
15.58
14.15
17.00
15.09
16.42
16.10
15.09
13.79
13.96
9.79
13.47
11.38
10.31
15.42
10.52
15.42
14.84
15.74
NA
13.96
14.96
12.11
14.17
13.99
15.03
15.65
22.67
15.54
14.28
15.20
14.62
14.69
15.20
15.08
11.87
15.67
14.81
13.60
13.93
17.30
9.70
15.48
15.06
14.46
15.42
13.34
14.33
15.30
14.38
13.53
12.71
12.21
13.37
9.13
8.47
8.79
14.29
12.68
12.55
12.95
22.68
11.41
13.61
14.70
11.51
7.89
13.01
12.77
12.80
13.40
14.96
20.07
5.24
4.75
9.99
7.20
13.79
14.09
15.36
12.65
17.58
13.85
15.39
15.21
14.70
13.38
13.22
9.95
13.61
11.53
10.24
14.19
10.31
14.92
14.04
15.18
13.67
– 6.6
– 5.7
– 3.6
– 8.6
– 9.6
– 0.3
+ 0.4
– 5.7
– 4.0
– 1.2
+ 0.9
+ 1.3
– 3.4
– 2.4
+ 6.2
– 0.8
– 0.1
+ 0.3
– 2.9
– 1.3
+ 1.4
+ 0.2
+ 1.1
+ 1.1
– 0.6
– 2.7
– 4.0
– 1.0
+ 2.8
– 0.6
– 7.7
+ 0.6
– 2.2
– 5.8
– 2.4
+ 0.6
+ 1.9
– 8.9
– 7.7
– 7.5
– 4.1
+ 3.5
– 6.7
– 5.7
– 2.8
– 5.7
+ 4.2
– 4.1
– 5.8
– 6.4
– 4.7
– 8.3
– 1.1
– 3.0
– 2.3
– 6.3
– 2.7
– 6.6
– 7.9
– 1.4
– 10.6
+ 3.4
– 8.2
– 6.3
– 5.5
– 2.6
– 3.0
– 5.3
+ 1.6
+ 1.0
+ 1.3
– 0.7
– 8.0
– 2.0
– 3.2
– 5.4
– 3.6
NA
4.5
5.1
5.3
4.5
4.1
1.9
3.3
4.1
5.1
5.6
5.7
5.8
5.2
5.4
4.5
5.5
5.6
5.7
5.6
5.4
5.4
5.8
5.7
5.6
5.4
5.5
5.5
5.6
5.8
5.3
4.6
6.3
5.6
4.9
5.2
5.7
5.7
5.0
5.0
4.5
5.3
4.5
9.99
4.1
5.1
5.5
5.2
5.9
5.6
5.4
5.5
4.8
5.3
5.5
5.6
4.6
5.3
4.3
4.6
5.4
4.2
4.2
5.4
5.6
5.8
5.5
4.7
3.7
2.3
6.0
4.2
3.7
5.5
3.0
3.7
3.6
3.5
5.8
Stock
Exch NAV
Fund Name (Symbol)
PIMCOMuniIncII (PML) ..................
Pimco Muni III (PMX) .....................
PioneerHilncAdv (MAV) ..................
PioneerMunHiIcmT (MHI) ..............
Putnam Mgd Inc (PMM) .................
Putnam Muni Opp (PMO) ................
Western Asset Int Muni (SBI) ..........
Western Asset Mgd Muni (MMU) ....
Western Asset Mun Hi Inc (MHF) ....
WstAstMuniPrtnrs (MNP) ..............
Westn Asst Mu Def Opp Tr (MTT) ....
Single State Muni Bond
AllCAMuniInc (AKP) .......................
BlackRock CA Mun (BFZ) ................
BlckRk CA 2018 (BJZ) .....................
BlckRk FL Muni 20 (BFO) ................
BlackRock MA Tax-Exempt (MHE) ..
BlackRock MD Mun Bd (BZM) .........
BR MH CA Qly Fd Inc (MUC) ............
BR MH NJ Qly (MUJ) .......................
BR MH NY Qly (MHN) .....................
BlkRkMunyldAZ (MZA) ...................
BR MuniYld CA (MYC) ....................
BR MuniYld CA Qly (MCA) ...............
BR MuniYld MI Qly (MIY) ................
BR MuniYld NJ (MYJ) .....................
BR MuniYld NY Qly (MYN) ..............
BR MuniYld PA Qly (MPA) ...............
BlackRock NJ Muni Bond (BLJ) .......
BlackRock NJ Muni Income (BNJ) ...
BlckRk NY Muni Inc Qly (BSE) .........
BlckRk NY 2018 (BLH) ....................
BlackRock NY Mun Bd (BQH) ..........
BlackRock NY Mun (BNY) ...............
BlackRock NY Mun II (BFY) .............
BlackRock VA Mun (BHV) ...............
Del CO Muni Inc (VCF) .....................
Del MN II (VMM) .............................
EVCAMuniBd (EVM) .......................
Eaton Vance CA Muni Bd 2 (EIA) ......
EVCAMuniIncm (CEV) ....................
Eaton Vance MA Muni Bd (MAB) .....
EV MA Muni Inc (MMV) ...................
Eaton Vance MI Muni Bd (MIW) ......
EV MI Muni Inc (EMI) ......................
Eaton Vance NJ Muni Bd (EMJ) .......
EVNJMuniIncm (EVJ) .....................
Eaton Vance NY Muni Bd (ENX) .......
Eaton Vance NY Muni Bd 2 (NYH) ....
EVNYMuniIncm (EVY) ....................
Eaton Vance OH Muni Bd (EIO) ........
EV OH Muni Inc (EVO) .....................
Eaton Vance PA Muni Bd (EIP) ........
EV PA Muni Inc (EVP) .....................
InvCaValMuIncTr (VCV) .................
InvPAValMuIncTr (VPV) .................
InvTrInvGrNYMu (VTN) ..................
MFS CA Muni (CCA) ........................
Nuveen AZ Qual Muni Inc (NAZ) ......
Nuveen CA AMT-F Qual MI (NKX) ....
Nuveen CA Val (NCA) ......................
Nuveen CA Muni Value 2 (NCB) .......
NuveenCAQtyMuInc (NAC) .............
Nuveen CA Sel Tx-Free (NXC) ..........
Nuveen CT Qual Muni Inc (NTC) ......
NuvGA Qual Muni Inc (NKG) ...........
Nuveen MA Qual Muni Inc (NMT) ....
Nuveen MD Qual Muni Inc (NMY) ....
Nuveen MI Qual Muni Inc (NUM) .....
Nuveen Minn Qual Mun Inc (NMS) ..
Nuveen MO Qual Mun Inc (NOM) ....
Nuveen NC Qual Muni Inc (NNC) .....
Nuveen NJ Muni Value (NJV) ..........
NuvNJ Qual Muni Inc (NXJ) .............
Nuveen NY AMT/Fr Qual MI (NRK) ..
Nuveen NY Val (NNY) ......................
Nuveen NY Muni Value 2 (NYV) .......
Nuveen NY Qual Muni Inc (NAN) .....
Nuveen NY Sel Tx-Free (NXN) .........
Nuveen OH Qual Muni Inc (NUO) .....
Nuveen PA Muni Value (NPN) .........
Nuveen PA Qual Muni Inc (NQP) .....
Nuveen TX Qual Mun Inc (NTX) .......
Nuveen VA Qlty Mun Inc (NPV) .......
PIMCO CA (PCQ) ............................
PIMCOCAMuniII (PCK) ...................
Pimco CA Muni III (PZC) .................
PIMCO NY (PNF) ............................
PIMCONYMuniII (PNI) ...................
Pimco NY Muni III (PYN) .................
Data provided by
Market
Price
N
N
N
N
N
N
A
N
N
N
N
NA
NA
11.93
12.83
7.96
13.31
NA
NA
NA
NA
NA
13.16
11.86
11.55
12.03
7.56
12.63
9.73
14.00
7.75
15.48
22.71
N
N
N
N
A
A
N
N
N
A
N
N
N
N
N
N
A
N
N
N
N
N
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
N
N
N
A
N
A
N
N
N
N
N
A
N
N
N
A
A
N
N
A
A
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
15.34
15.28
14.92
15.00
13.85
15.21
15.49
15.62
14.82
14.51
15.57
15.68
15.43
15.96
14.22
15.68
15.75
15.46
14.96
14.95
15.99
15.01
15.59
15.62
15.18
14.65
12.45
12.92
13.98
15.19
15.03
15.35
14.96
14.49
13.74
13.61
13.14
14.48
13.97
15.09
14.30
13.85
13.46
14.04
14.64
12.60
14.54
15.74
10.42
16.51
15.64
15.34
13.97
13.67
14.63
14.54
15.41
15.03
13.82
14.90
15.84
15.80
14.55
10.02
15.57
15.14
14.23
16.66
15.31
15.19
15.45
14.42
NA
NA
NA
NA
NA
NA
13.81
14.51
15.04
NA
13.80
14.13
14.82
14.58
14.09
14.94
15.45
15.45
13.96
16.21
13.19
14.41
14.87
15.32
13.40
NA
14.86
15.08
15.51
17.95
15.22
14.25
12.04
12.07
12.48
13.74
13.44
13.81
13.20
13.02
12.06
12.93
11.93
13.17
12.97
13.58
12.93
12.27
13.12
12.31
13.70
12.39
14.62
15.77
10.54
17.56
14.92
15.58
12.21
13.08
14.39
12.83
13.70
15.25
NA
13.34
14.89
13.73
13.20
10.20
14.78
14.10
14.01
15.08
15.32
13.55
14.65
13.14
17.19
10.12
10.89
13.03
12.34
9.98
Continuously Offered
12 mos
Prem
Yield
/Disc 8/31/17
NA
NA
3.2
6.2
5.0
5.1
NA
NA
NA
NA
NA
5.8
5.8
5.4
5.1
5.3
5.2
4.5
5.3
4.1
5.2
4.7
– 10.0
– 5.0
+ 0.8
NA
– 0.4
– 7.1
– 4.3
– 6.7
– 4.9
+ 3.0
– 0.8
– 1.5
– 9.5
+ 1.6
– 7.2
– 8.1
– 5.6
– 0.9
– 10.4
NA
– 7.1
+ 0.5
– 0.5
+ 14.9
+ 0.3
– 2.7
– 3.3
– 6.6
– 10.7
– 9.5
– 10.6
– 10.0
– 11.8
– 10.1
– 12.2
– 5.0
– 9.2
– 9.1
– 7.2
– 10.0
– 9.6
– 11.4
– 2.5
– 12.3
– 6.4
– 1.7
+ 0.6
+ 0.2
+ 1.2
+ 6.4
– 4.6
+ 1.6
– 12.6
– 4.3
– 1.6
– 11.8
– 11.1
+ 1.5
NA
– 10.5
– 6.0
– 13.1
– 9.3
+ 1.8
– 5.1
– 6.9
– 1.5
– 9.5
+ 0.0
– 10.8
– 5.2
– 8.9
NA
NA
NA
NA
NA
NA
4.2
5.2
2.1
2.7
4.5
3.9
4.9
5.4
4.8
4.6
5.0
5.0
5.4
5.3
4.8
5.1
5.2
5.3
4.6
1.3
4.8
4.7
4.9
4.0
4.7
3.9
4.8
4.2
3.9
4.0
NA
4.3
3.7
4.8
4.6
4.8
4.6
4.5
4.4
4.3
4.9
4.2
4.9
5.0
4.9
4.5
4.6
4.9
3.9
4.3
5.3
3.7
4.8
4.4
4.5
4.9
4.8
5.0
4.5
4.0
4.0
5.1
4.8
3.7
4.2
5.0
3.9
4.6
4.6
5.1
4.4
4.2
5.3
5.5
6.2
5.2
5.6
5.6
–
–
–
–
Fund Name (Symbol)
Stock
Exch NAV
General Equity Funds
Alternative Strategies:A (N/A) .........
Alternative Strategies:C (N/A) .........
Specialized Equity Funds
Crossroads Capital Inc (N/A) ...........
CUSHING MLP INFRA I (MLP) ........
Griffin Inst Access RE:A (N/A) .........
Griffin Inst Access RE:C (N/A) .........
Griffin Inst Access RE:I (N/A) ..........
Griffin Inst Access RE:L (N/A) .........
Griffin Inst Access RE:M (N/A) ........
NexPointRlEstStrat;A (N/A)-a ..........
NexPointRlEstStrat;C (N/A)-a ..........
NexPointRlEstStrat;Z (N/A)-a ...........
Resource RE Div Inc:A (N/A) ...........
Resource RE Div Inc:C (N/A) ...........
Resource RE Div Inc:D (N/A) ...........
Resource RE Div Inc:I (N/A) ............
Resource RE Div Inc:L (N/A) ...........
Resource RE Div Inc:T (N/A) ...........
Resource RE Div Inc:U (N/A) ...........
Resource RE Div Inc:W (N/A) ..........
SharesPost 100 (N/A) .....................
Tot Inc+ RE:A (N/A)-a .......................
Tot Inc+ RE:C (N/A)-a .......................
Tot Inc+ RE:I (N/A)-a ........................
Tot Inc+ RE:L (N/A)-a .......................
Versus Cap MMgr RE Inc:F (N/A) ....
Versus Cap MMgr RE Inc:I (N/A) .....
Versus Capital Real Asst (VCRRX) ...
Wildermuth Endwmnt Str (N/A)-a ....
Wildermuth Endwmnt S:C (N/A)-a ....
Wildermuth Endwmnt S:I (N/A)-a .....
Income & Preferred Stock Funds
MultiStrat Gro & Inc:A (N/A)-a ..........
MultiStrat Gro & Inc:C (N/A)-a ..........
MultiStrat Gro & Inc:I (N/A)-a ...........
MultiStrat Gro & Inc:L (N/A)-a ..........
The Relative Value:CIA (VFLEX) ......
Convertible Sec's. Funds
Calmos Dyn Conv and Inc (CCD) .....
World Equity Funds
BMO LGM Front ME (N/A) ...............
CalamosGlbTotRet (CGO) ...............
Fund Name (Symbol)
Market
Price
52 Week
Market
Return
Prem
/Disc
z
z
NA
NA
NA
NA
NA
NA
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
10.14
10.14
10.30
10.57
10.15
10.12
10.15
10.29
25.73
NA
NA
NA
NA
27.57
27.65
24.98
12.69
12.54
12.75
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NS
NA
NS
NA
NA
NA
NA
NA
NA
NA
5.4
NA
4.6
NA
4.9
NA
4.9
NA
NS
NA
4.6
NA
5.4
NA
5.2
NA – 4.4
NA
NA
NA
NA
NA
NA
NA
NS
NA
4.5
NA
4.9
NA
NS
NA
10.5
NA
9.7
NA
NS
z
z
z
z
z
NA
NA
NA
NA
25.37
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NS
z
20.80
20.62 –
0.9
13.1
z
z
10.21
13.09
NA
13.41 +
NA
2.4
13.2
14.2
z
z
Stock
Exch NAV
U.S. Mortgage Bond Funds
Vertical Capital Income (N/A)-a ........
z
Loan Participation Funds
504 Fund (N/A) ...............................
z
FedProj&TrFinanceTender (N/A)-a ...
z
FS Global Crdt Opptys D (N/A)-a .......
z
Invesco Sr Loan A (N/A) ..................
z
Invesco Sr Loan B (N/A) ..................
z
Invesco Sr Loan C (N/A) ..................
z
Invesco Sr Loan IB (N/A) .................
z
Invesco Sr Loan IC (N/A) .................
z
Invesco Sr Loan Y (N/A) ..................
z
RiverNorth MP Lending (RMPLX) ...
z
Sierra Total Return:T (SRNTX) ........
z
Voya Senior Income:A (N/A) ...........
z
Voya Senior Income:C (N/A) ...........
z
Voya Senior Income:I (N/A) ............
z
Voya Senior Income:W (N/A) ..........
z
High Yield Bond Funds
Garrison Capital Inc (N/A) ...............
z
Griffin Inst Access Cd:A (N/A) .........
z
Griffin Inst Access Cd:C (N/A) .........
z
Griffin Inst Access Cd:I (N/A) ..........
z
PIMCO Flexible Cr I;Inst (N/A) .........
PionrILSInterval (N/A) ....................
z
WA Middle Mkt Dbt (N/A) ................
z
WA Middle Mkt Inc (WMF) ..............
z
Other Domestic Taxable Bond Funds
Capstone Church Capital (N/A)-a ......
z
CION Ares Dvsfd Crdt;A (N/A) .........
z
CION Ares Dvsfd Crdt;C (N/A) .........
z
CION Ares Dvsfd Crdt;I (N/A) ..........
z
CNR Select Strategies (N/A) ............
z
GL Beyond Income (N/A) ................
z
Palmer Square Opp Income (N/A)-a .
z
Resource Credit Inc:A (N/A) ............
z
Resource Credit Inc:C (N/A) ............
z
Resource Credit Inc:I (N/A) .............
z
Resource Credit Inc:L (N/A) ............
z
Resource Credit Inc:W (N/A) ...........
z
Market
Price
NA
NA
12 mos
Prem
Yield
/Disc 8/31/17
NA
NA
NA
3.1
9.74
10.03
NA
6.67
6.67
6.68
6.67
6.67
6.67
24.97
25.06
12.50
12.48
12.46
12.51
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3.5
NS
NA
4.4
4.4
3.6
4.6
4.5
4.6
NS
NS
5.4
4.9
5.7
5.7
NA
NA
NA
NA
NA
9.70
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NS
NS
NS
NS
9.5
11.6
11.5
11.34
NA
NA
NA
7.50
3.67
NA
11.12
11.24
11.14
11.11
11.12
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
1.1
NS
NS
NS
NS
NE
6.0
6.4
5.7
6.6
NS
6.2
TOP SAVINGS DEPOSIT YIELDS
Money Market Account1
Institution
Location
Telephone
No.
Dollar Savings Direct
CIT Bank
American Express
Radius Bank
Capital One 360
Ossining,NY
Livingstn,NJ
Salt Lake City,US
Boston,MA
Wilmingtn,DE
(866)395-8693
(855)462-2652
(800)446-6307
(800)242-0272
(877)469-0232
Institution
Location
Telephone
No.
First Internet Bank
Dollar Savings Direct
EverBank
Nationwide Bank
Ameriprise Ntl Trust Bk
Indianapolis,US
Ossining,NY
Jackson,US
Columbus,US
Minneapolis,US
(888)873-3424
(866)395-8693
(888)882-3837
(877)422-6569
(888)356-1006
Six-Month CDs2
Min. Recent
Deposit % Rate
1
1
1
2500
10000
1.39
1.34
1.24
1.19
1.19
Min. Recent
Deposit % Rate
1000
1000
5000
500
1000
1.34
1.24
1.20
1.19
1.19
Effect.
% Yield
(CD) 1.40
(CD) 1.35
(CD) 1.25
(CM) 1.20
(CM) 1.20
Effect.
% Yield
(CM) 1.35
(CD) 1.25
(CD) 1.21
(CD) 1.20
(CM) 1.20
1Including passbook, statement savings, and bank-offered liquid asset accounts.
One-Year CDs
Institution
Location
Telephone
No.
First Internet Bank
EverBank
Popular Direct
BankDirect
PenFed Credit Union
Indianapolis,US
Jackson,US
Pleasantn,US
Dallas,TX
Alexandria,VA
(888)873-3424
(888)882-3837
(800)274-5696
(877)839-2737
(800)247-5626
Institution
Location
Telephone
No.
EverBank
Discover Bank
Middlesex Savings Bk
Ameriprise Ntl Trust Bk
Republic Bk Trust
Jackson,US
Greenwood,US
Middlesex,MA
Minneapolis,US
Louisville,KY
(888)882-3837
(800)347-7000
(877)463-6287
(888)356-1006
(502)584-3600
2½-Year CDs
Min. Recent
Deposit % Rate
1000
5000
10000
10000
1000
1.61
1.61
1.59
1.49
1.45
Min. Recent
Deposit % Rate
5000
2500
250
1000
1000
1.64
1.54
1.49
1.39
1.39
Effect.
% Yield
(CM) 1.62
(CD) 1.62
(CD) 1.60
(CD) 1.50
(CD) 1.46
Effect.
% Yield
(CD) 1.65
(CD) 1.55
(CM) 1.50
(CM) 1.40
(CD) 1.40
Five-Year CDs
Institution
Location
Telephone
No.
Popular Direct
First Internet Bank
Barclays Bank
EverBank
Ally Bank
Pleasantn,US
Indianapolis,US
Wilmingtn,US
Jackson,US
Philadelphia,PA
(800)274-5696
(888)873-3424
(888)710-8756
(888)882-3837
(877)247-2559
90-Day Jumbo CDs
Min. Recent
Deposit % Rate
10000
1000
1
5000
1
Institution
Location
Telephone
No.
Ameriprise Ntl Trust Bk
EverBank
First Internet Bank
Popular Direct
Bank of Internet USA
Minneapolis,US
Jackson,US
Indianapolis,US
Pleasantn,US
San Diego,CA
(888)356-1006 100000
(888)882-3837
5000
(888)873-3424
1000
(800)274-5696 10000
(877)541-2634
1000
2.37
2.28
2.27
2.27
2.23
Min. Recent
Deposit % Rate
1.09
1.00
1.00
0.75
0.55
Effect.
% Yield
(CD) 2.40
(CM) 2.30
(CD) 2.30
(CD) 2.30
(CD) 2.25
Effect.
% Yield
(CM) 1.10
(CD) 1.01
(CM) 1.00
(CD) 0.75
(CD) 0.55
Yields are based on the stated rate and compounding method in effect Friday and are subject Source: (c) 2017, Informa Research Services, 26565 Agoura Road #300, Calabasas, CA
91302-1942 818-880-8877. All rights reserved. May not be reproduced or retransmitted in
to change. Phone to verify before investing or sending money.
any form without express written consent of Informa Research Services.
additional six months.
(CC) Compounded continuously; (SA) compounded semiannually; (CD) compounded daily;
Rates are the highest yields on six types of accounts offered by federally-insured banks and (CA) compounded annually; (CM) compounded monthly; (SI) simple interest; (CQ) comsavings associations nationwide.
pounded quarterly
2Six-month CD yields assume reinvestment of principal and interest at the same rate for an
M38
BARRON’S
October 2, 2017
Market Laboratory
THE DOW JONES AVERAGES
DJ AVERAGES
Dow Jones 30 Industrial (divisor: 0.14523396877348)
Daily
Sep 25
26
27
28
Open (t)
22331.55 22335.61 22356.62
Open (a)
22320.47 22322.03 22330.93
Close
22296.09 22284.32 22340.71
High (t)
22459.42 22451.46 22481.48
Low (t)
22145.92 22218.60 22182.14
High (a)
22359.88 22369.35 22371.10
Low (a)
22219.11 22279.52 22254.93
Change
–53.50
–11.77
+56.39
Theoretical (t): High 22481.48 Low 22145.92
Actual (a): High 22405.63 Low 22219.11
29
22307.73
22306.83
22381.20
22466.34
22211.85
22394.74
22288.97
+40.49
22355.86
22358.47
22405.09
22473.05
22251.75
22405.63
22332.96
+23.89
Dow Jones 20 Transport (divisor: 0.16416809180007)
Open (t)
9703.23
9726.13
9815.98
Open (a)
9698.78
9728.02
9797.15
Close
9715.10
9779.85
9841.99
High (t)
9761.18
9830.38
9892.24
Low (t)
9626.96
9677.12
9751.83
High (a)
9725.43
9795.88
9859.53
Low (a)
9644.39
9705.91
9787.19
Change
+10.72
+64.75
+62.14
Theoretical (t): High 9968.17 Low 9626.96
Actual (a): High 9934.81 Low 9644.39
9825.90
9830.90
9886.82
9934.70
9802.33
9903.70
9819.75
+44.83
9901.80
9904.48
9914.35
9968.17
9854.56
9934.81
9891.32
+27.53
Dow Jones 15 Utilities (divisor: 1.26341348266030)
Open (t)
727.18
731.23
727.42
Open (a)
726.95
731.26
728.68
Close
732.40
731.67
722.22
High (t)
733.48
734.69
730.05
Low (t)
725.17
728.76
718.22
High (a)
732.77
734.02
729.54
Low (a)
725.78
729.80
718.48
Change
+5.77
–.73
–9.45
Theoretical (t): High 734.69 Low 715.83
Actual (a): High 734.02 Low 716.62
719.34
720.21
723.79
725.67
715.83
725.16
716.62
+1.57
723.35
723.62
723.60
726.46
720.01
725.88
720.43
–.19
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Dow Jones 65 Composite (divisor: 0.75161599556883)
Open (t)
7656.82
7669.41
7686.69
Open (a)
7653.32
7667.26
7679.73
Close
7661.33
7671.98
7680.56
High (t)
7704.77
7720.39
7731.90
Low (t)
7600.92
7631.95
7623.51
High (a)
7663.92
7683.79
7693.28
Low (a)
7623.11
7664.78
7656.05
Change
+1.69
+10.65
+8.58
Theoretical (t): High 7740.82 Low 7600.92
Actual (a): High 7711.48 Low 7623.11
7665.84
7668.21
7700.81
7730.88
7636.27
7706.14
7663.36
+20.25
7698.45
7700.00
7711.12
7740.82
7662.40
7711.48
7691.87
+10.31
STOCK VOLUME
Last
Week
NYSE(a)
30 Dow Inds (b)
20 Dow Trans (b)
15 Dow Utils (b)
65 Dow Stks (b)
NYSE American (a)
Nasdaq(d)
NYSE 15 Most Active
Average Price
% Tot Vol
Stock Offerings $(z,v)
4,116,949
1,423,625
234,815
202,650
1,861,090
46,268
9,557,394
Prev.
Week
3,914,405
1,424,886
239,566
178,780
1,843,232
46,564
8,950,475
Year
Ago
YOY
% Chg
4,731,108
1,926,225
299,460
216,561
2,442,247
58,246
9,111,130
-12.98
-26.09
-21.59
-6.42
-23.80
-20.56
4.90
26.41
17.97
21.70
13.51
14.88
16.94
4,955,600 r3,388,900 6,829,600
21.71
-20.25
-27.44
Daily Stock Volume
Daily
9/25
9/26
9/27
9/28
9/29
NYSE(a)
841,834 737,431 835,127 766,908 935,650
30 Inds (b)
314,066.9 275,256.4 325,862.6 247,545.9 260,893.1
20 Trans (b)
41,770.6 47,402.5 55,459.1 48,200.6 41,982.0
15 Utils (b)
36,834.2 36,612.2 44,245.0 36,731.7 48,226.7
65 Stks (b)
392,671.7 359,271.1 425,566.7 332,478.3 351,101.8
NYSE Amer(a)
9,451
9,588
9,435
8,113
9,680
Nasd(d)
1,825,743 1,902,517 2,024,250 1,856,062 1,948,822
NYSE 15 Most Active
Avg. Price
27.84
24.24
26.60
11.67
21.14
% Tot Vol
15.11
13.45
14.12
13.75
14.48
Numbers in thousands save price and percentages. (a) Primary
volume. (b) Composite volume. (d) as of 4:10 pm. (r) Revised. (v)
W/E Thursday. (z) Source: Thomson Reuters.
NYSE HALF-HOURLY VOLUME
Daily
9:30-10:00
10:00-10:30
10:30-11:00
11:00-11:30
11:30-12:00
12:00-12:30
12:30-1:00
1:00-1:30
1:30-2:00
2:00-2:30
2:30-3:00
3:00-3:30
3:30-4:00
9/25
9/26
9/27
9/28
9/29
98,924
49,491
48,808
47,678
34,034
33,343
26,052
24,097
25,949
28,534
31,750
39,607
353,567
92,487
46,428
38,586
37,054
31,647
27,845
28,100
25,135
27,113
26,495
27,241
33,847
295,452
98,625
47,769
47,934
38,781
30,721
27,748
30,663
34,563
32,235
39,747
34,870
45,958
325,512
97,270
47,467
40,350
38,244
33,541
26,867
25,583
24,819
24,563
28,209
30,382
36,683
312,931
95,980
44,845
35,236
35,296
29,251
29,537
23,573
23,697
23,695
27,732
29,378
35,499
501,933
TRADING DIARY
See barrons.com/mktlab for complete table
Week's
COMPONENTS Change INDUSTRIALS
3M
-0.86
American Express
2.06
Apple
2.23
Boeing
-2.24
Caterpillar
0.28
Chevron
0.21
Cisco Systems
0.26
Coca-Cola
-0.48
Disney
-0.03
DowDuPont
-0.73
ExxonMobil
2.06
General Electric
-0.69
Goldman Sachs
6.16
Home Depot
3.59
IBM
-0.05
Intel
0.90
Johnson & Johnson
-1.38
JPMorgan Chase
0.68
McDonald's
-2.23
Merck
-1.10
Microsoft
0.08
Nike Cl B
-1.39
Pfizer
-0.26
Procter & Gamble
-1.26
Travelers Cos
0.48
United Technologies
1.07
UnitedHealth Group
2.82
Verizon Communications -0.41
VISA Cl A
-0.32
Wal-Mart Stores
-1.39
22650
1.52
0.43
-0.38
2.97
1.16
-0.25
1.67
5.58
5.33
-0.09
0.94
1.95
2.40
1.83
1.25
1.98
1.05
0.63
2.08
2.42
AES
American Elec Power
American Water Works
CenterPoint Energy
Consolidated Edison
Dominion Energy
Duke Energy
Edison Intl
Exelon
FirstEnergy
NextEra Energy
NiSource
PG&E
Public Service Enterprise
Southern
-0.09
-0.33
-1.12
0.01
-0.91
-0.11
-0.33
-1.11
0.55
-0.06
0.19
-0.10
-0.81
0.06
0.32
Sep 25
+.14
–.43
–.21
26
+.20
+.28
+.25
27
+.44
+.53
+1.32
28
+.13
+.10
+.37
22350
Market Advance/Decline Totals
Week ended last Friday compared to previous Friday
22050
Weekly Comp.
Total Issues
Advances
Declines
Unchanged
New Highs
New Lows
NYSE
3,124
1,967
1,102
55
394
49
NYSE Amer
350
152
188
10
15
17
Nasdaq
3,185
2,063
1,042
80
505
106
29
+.20
–.13
+.44
NYSE Arca
1,388
826
550
12
313
50
21750
OTHER MARKET INDEXES
Daily
21450
21150
20850
20550
20250
TRANSPORTATION
Alaska Air Group
American Airlines Group
Avis Budget Group
CH Robinson Worldwide
CSX
Delta Air
Expeditors Intl of Wash
FedEx
JB Hunt Transport
JetBlue Airways
Kansas City Southern
Kirby Corp
Landstar System
Matson Inc.
Norfolk Southern
Ryder System
Southwest Airlines
Union Pacific
United Continental Hldgs
United Parcel Service B
Daily
% (QCHA)
% (QACH)
% (QCHAQ)
9980
9820
9660
9500
9340
9/25
9/26
9/27
9/28
9/29
NYSE Amer Comp 2629.71 2620.01 2629.77 2630.79 2639.29
AmMajorMkt
2277.79 2270.95 2270.76 2274.68 2276.36
BNY ADR Idx
147.62
147.04
147.58
147.69
148.60
Europe
138.20
137.42
138.08
138.57
139.36
Latin Am
254.18
252.93
250.35
250.30
252.35
Asia
169.08
169.09
169.94
169.11
170.24
Emerg M
315.09
314.48
314.91
314.55
317.65
DJ US TSM Float 25876.47 25884.95 26024.95 26058.55 26148.54
Nasdaq Cmp
6370.59 6380.16 6453.26 6453.45 6495.96
100 Index
5867.35 5881.34 5937.79 5933.07 5979.30
Indus.
5071.20 5073.65 5119.59 5107.20 5126.68
Insur.
8664.80 8703.25 8796.71 8820.10 8782.34
Banks
3766.28 3795.06 3884.95 3905.28 3915.11
Computer
3629.54 3648.08 3702.85 3710.29 3741.73
Telecom
308.68
309.12
308.69
308.05
310.11
NYSE Comp.-z 12141.56 12127.92 12157.65 12179.31 12209.15
Financial-z
7679.09 7675.07 7738.21 7757.05 7780.58
Health Care-z
13887.39 13842.80 13832.24 13882.69 13959.19
Energy-z
10876.96 10855.48 10886.76 10909.68 10911.61
Russell 1000
1384.38 1384.42 1390.22 1391.90 1396.90
2000
1451.96 1456.86 1484.81 1488.79 1490.86
3000
1480.03 1480.46 1488.37 1490.34 1495.43
Value-v
1163.20 1162.24 1164.86 1165.70 1168.01
Growth-v
1240.66 1241.79 1249.44 1251.56 1258.09
MidCap
1949.27 1950.13 1958.68 1960.88 1968.04
S&P 100 Index 1103.60 1103.21 1107.37 1108.71 1112.19
500
2496.66 2496.84 2507.04 2510.06 2519.36
Ind.
3313.03 3313.63 3325.72 3328.53 3342.23
MidCap
1771.85 1773.71 1790.16 1793.63 1795.94
SmallCap
877.30
881.77
899.58
901.95
903.98
Value Line(A)
5686.48 5701.36 5758.54 5765.19 5777.97
Value Line(G)
531.06
532.40
537.63
538.17
539.31
DJ US Small TSM 9824.58 9848.26 9998.38 10023.15 10038.86
(A)-Arithmetic Index. (G)-Geometric Index.
(v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec.
31,2002=5000.
9180
S&P DOW JONES INDEXES
9020
8860
8700
UTILITIES
755
735
715
695
Apr
May
Jun
Note: Theoretical highs and lows are shown.
Jul
Aug
Sep
675
Friday
Close
Chg
DJ U.S. Total Stock Market 26148.54 221.72
US Large Cap
5914.16
39.36
US Large Growth
6695.77
52.27
US Large Value
4902.79
27.59
US Mid Cap
10191.60
91.21
US Mid Growth
10019.55
94.81
US Mid Value
8380.78
68.34
US Small Cap
10038.86 229.91
US Small Growth
9043.67 204.52
US Small Value
9972.84 233.70
Microcap
13157.34 411.35
DJ U.S. Select REIT -a 9554.49
67.10
DJ U.S. Select RESI -a 1004.63
7.06
US TMI
629.91
4.60
US Select Dividend -a 1862.58
12.78
Select Microcap
2547.86
87.35
Global Titans 50
284.30
0.64
Asian Titans 50
166.14
–2.67
DJ Islamic Market
3438.57
3.93
Islamic Titans 100
3850.03
2.73
Islamic Emerging
2493.65 –42.51
Islamic Technology 5470.13
18.79
Islamic U.S.
4488.58
26.05
Sustainability
1456.31
–0.10
U.K. Titans 50 (GBP)
294.38
2.30
DJ India (INR)
206.53
–3.32
Equity REIT -a
1743.57
11.25
Comp REIT -a
1462.46
9.80
Internet Comp
459.29
3.36
E*commerce
905.07
–1.12
Internet Svcs
201.14
2.01
a-total return. 3 Year % Chg is annualized.
Week
% Chg
1 Year 3 Year
0.86
0.67
0.79
0.57
0.90
0.96
0.82
2.34
2.31
2.40
3.23
0.71
0.71
0.74
0.69
3.55
0.23
–1.58
0.11
0.07
–1.68
0.34
0.58
–0.01
0.79
–1.58
0.65
0.67
0.74
–0.12
1.01
17.33
17.23
20.06
14.59
15.76
18.97
11.49
18.00
20.09
14.88
21.93
–1.50
–1.50
17.17
13.73
28.71
15.49
14.52
15.85
15.65
20.59
27.82
15.87
21.33
6.03
16.98
2.12
3.32
26.80
30.98
27.30
8.37
8.32
10.26
6.50
8.52
8.99
7.69
8.81
9.91
7.08
7.90
9.10
9.07
8.27
12.14
15.48
5.54
4.50
6.35
6.62
4.42
14.26
7.81
4.37
3.16
9.99
10.11
10.00
19.40
20.84
16.36
October 2, 2017
BARRON’S
M39
Market Laboratory
INDEXES' P/ES & YIELDS
DJ latest 52-week earnings and dividends adjusted by Dow Divisors at Friday's close. S&P Dec. 4-quarter's GAAP earnings as
reported and indicated dividends based on Friday close.S&P 500 P/E ratios based on GAAP earnings as reported. For additional
earnings series, please refer to www.spglobal.com. DJ latest available book values for FY 2015 and 2014, and S&P latest for 2016 and
2015. r-Revised data
Last
Week
Prev.
Week
DJ Ind Avg
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
22405.09
20.15
4.96
1111.79
2.28
510.11
3.85
5818.74
22349.59
20.08
4.98
1112.89
2.28
510.11
3.84
5818.74
18308.15
19.87
5.03
921.51
2.50
457.65
3.16
5799.91
DJ Trans Avg
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
9914.35
19.65
5.09
504.48
1.32
130.40
3.87
2561.22
9704.38
19.24
5.20
504.48
1.34
130.40
3.79
2561.22
8078.79
12.93
7.73
624.73
1.47
118.37
3.40
2376.65
723.60
36.77
2.72
19.68
3.29
726.63
36.92
2.71
19.68
3.26
668.13
25.84
3.87
25.86
3.33
DJ Utility Avg
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
DELTA MARKET SENTIMENT INDICATOR
The Delta MSI measures the position of ~2,000 stocks relative to an
intermediate-term moving average crossover (MAC) point. When
greater than 50% of the stocks followed are above this MAC point, the
market is bullish and equities are attractive. When the indicator is
below 50%, risk is elevated and stock exposures should be reduced.
Manager uses discretion on asset allocation when MSI is 50% +/- 3%.
Last
2 Weeks
3 Weeks
Current Sentiment
Week
Ago
Ago
BULLISH
65.8%
65.1%
Last
Week
Year
Ago
56.9%
Current Market Exposure: 100% Equities, 0% Bonds, 0% Cash
Source: Delta Investment Management
www.deltaim.com, (415) 249-6337
Divs $
Mkt to Book
Book Value $
Prev.
Week
Year
Ago
23.80
2.10
344.79
23.72
2.11
344.79
22.27
1.93
345.41
S&P 500 Index
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
2519.36
25.12
3.98
100.29
1.98
49.88
3.28
768.98
2502.22
24.95
4.01
100.29
1.98
49.54
3.25
768.98
2168.27
25.09
3.99
86.43
2.13
46.18
2.93
740.29
S&P Ind Index
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
3342.23
27.38
3.65
122.09
1.90
63.50
4.30
777.19
3323.41
27.22
3.67
122.09
1.90
63.14
4.28
777.19
2928.98
29.67
3.37
98.71
2.04
59.75
3.88
754.58
DISTRIBUTIONS & OFFERINGS
Secondary Distributions of common stocks
Ascendis Pharma A/S
3,800,000
$35.50 $134,900,000
Catalent
7,350,000
$39.10 $287,550,000
Cloudera
13,430,000
$16.45 $220,960,000
CoStar Group
2,880,000 $260.00 $750,000,000
Grupo Financiero Galicia SA 110,000,000
$50.00 $550,000,000
Intra-Cellular Therapies
9,680,000
$15.50 $150,000,000
Kadmon Holdings
26,780,000
$3.00
$80,330,000
Sabra Health Care REIT
16,000,000
$21.00 $336,000,000
TherapeuticsMD
12,400,000
$5.65
$70,060,000
Westlake Chemical Ptnrs LP 4,500,000
$22.00
$99,000,000
Source: Dealogic LLC, New York City; (212) 577-4400.
THE WEEK IN STOCKS FOR THE MAJOR INDEXES
12-Month
Weekly
High
Low
High
Low
Dow Jones Indexes
22412.59 17888.28 30 Indus
22405.09 22284.32
9914.35 7967.02 20 Transp
9914.35 9715.10
754.80
625.44 15 Utilities
732.40
722.22
7711.12 6317.85 65 Comp
7711.12 7661.33
Dow Jones Indexes
26148.54 21514.15 US TSM Float 26148.54 25876.47
629.91
519.97 US Market
629.91
624.02
459.29
347.26 Internet
459.29
446.86
New York Stock Exchange
12209.15 10289.35 Comp-z
12209.15 12127.92
7780.58 6144.70 Financial-z
7780.58 7675.07
14094.77 11447.93 Health Care-z 13959.19 13832.24
11769.62 9782.86 Energy-z
10911.61 10855.48
NYSE American Stock Exchange
2648.06 2153.42 NYSE Amer Comp 2639.29 2620.01
2290.27 1856.14 Major Mkt
2277.79 2270.76
Standard & Poor's Indexes
1112.19
923.84 100 Index
1112.19 1103.21
2519.36 2085.18 500 Index
2519.36 2496.66
3342.23 2796.86 Indus
3342.23 3313.03
1795.94 1476.68 MidCap
1795.94 1771.85
903.98
703.64 SmallCap
903.98
877.30
Nasdaq Stock Market
6495.96 5046.37 Comp
6495.96 6370.59
6004.38 4660.46 100 Index
5979.30 5867.35
5233.30 4179.98 Indus
5126.68 5071.20
8835.51 7415.32 Insur
8820.10 8664.80
3994.19 2962.91 Banks
3915.11 3766.28
3745.50 2777.02 Computer
3741.73 3629.54
316.69
276.16 Telecom
310.11
308.05
Russell Indexes
1396.90 1154.66 1000
1396.90 1384.38
1490.86 1156.89 2000
1490.86 1451.96
1495.43 1230.73 3000
1495.43 1480.03
1168.01 1004.34 Value-v
1168.01 1162.24
1258.09 1000.61 Growth-v
1258.09 1240.66
1968.04 1644.50 MidCap
1968.04 1949.27
Others
5777.97 4698.49 Value Line-a
5777.97 5686.48
539.31
455.65 Value Line-g
539.31
531.06
10038.86 7986.18 DJ US Small TSM10038.86 9824.58
678.27
521.59 Barron's 400
678.27
661.72
Close
Friday
Chg.
Weekly
% Chg.
12-Month
Chg.
% Chg.
Change From
12/30
% Chg.
22405.09
9914.35
723.60
7711.12
55.50
209.97
–3.03
51.48
0.25
2.16
–0.42
0.67
4096.94
1835.56
55.47
1286.25
22.38
22.72
8.30
20.02
2642.49
870.45
63.99
808.67
13.37
9.62
9.70
11.72
26148.54
629.91
459.29
221.72
4.60
3.36
0.86
0.74
0.74
3679.95
88.01
94.43
16.38
16.24
25.88
2871.81
69.58
102.13
12.34
12.42
28.59
12209.15
7780.58
13959.19
10911.61
57.36
65.34
16.49
176.14
0.47
0.85
0.12
1.64
1487.41
1543.95
1463.13
123.76
13.87
24.76
11.71
1.15
1152.26
819.03
2052.00
–592.15
10.42
11.77
17.23
–5.15
2639.29
2276.36
26.16
-7.66
1.00
–0.34
204.30
389.14
8.39
20.62
331.26
261.75
14.35
12.99
1112.19
2519.36
3342.23
1795.94
903.98
5.58
17.14
18.82
27.29
29.11
0.50
0.68
0.57
1.54
3.33
153.51
351.09
413.25
243.68
147.08
16.01
16.19
14.11
15.70
19.43
120.76
280.53
392.65
135.36
66.02
12.18
12.53
13.31
8.15
7.88
6495.96
5979.30
5126.68
8782.34
3915.11
3741.73
310.11
69.04
46.98
20.42
138.34
153.94
51.91
1.46
1.07
0.79
0.40
1.60
4.09
1.41
0.47
1183.96
1103.60
720.38
830.96
915.02
849.37
22.43
22.29
22.63
16.35
10.45
30.50
29.37
7.80
1112.84
1115.68
681.80
428.86
62.64
815.93
21.83
20.67
22.94
15.34
5.13
1.63
27.89
7.57
1396.90
1490.86
1495.43
1168.01
1258.09
1968.04
9.56
40.08
12.58
8.23
8.36
19.97
0.69
2.76
0.85
0.71
0.67
1.03
194.65
239.22
210.83
127.78
210.76
231.85
16.19
19.11
16.41
12.28
20.12
13.35
155.24
133.73
163.72
65.52
204.54
184.15
12.50
9.85
12.29
5.94
19.41
10.32
5777.97
539.31
10038.86
678.27
100.77
9.03
229.91
15.92
1.77
1.70
2.34
2.40
814.70
55.61
1445.29
127.10
16.41
11.50
16.82
23.06
515.96
33.14
859.25
76.65
9.81
6.55
9.36
12.74
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec.
31,1965=50 z-Dec. 31,2002=5000
PER SHARE VALUES OF STOCKS IN THE DOW
JONES AVERAGES
BARRON'S 50-STOCK AVERAGE
This is a list of the Dow Jones trailing 52-week diluted
share earnings, dividends and book values as reported
by the company. Bolded numbers indicate new values.
Sources Barron's Stats and FactSet.
Industrial Stocks
Am Exp
Apple
Boeing
Caterpillar
Chevron Corp
Cisco Sys
Coca Cola
Disney Walt
DowDuPont
ExxonMobil
Gen Elec
Goldman Sachs
Home Depot
IBM
Intel
Earns
Book
Divs. Value
4.89
8.80
11.42
0.15
3.08
1.91
0.96
5.66
2.54
2.77
0.81
19.06
6.97
12.03
2.61
1.28 22.68
2.40 24.03
5.35 1.32
3.09 22.40
4.32 76.95
1.10 12.64
1.46 5.38
1.56 27.04
1.52 11.31
3.04 40.34
0.96 8.67
2.80 192.80
3.36 3.60
5.80 19.29
1.0625 14.00
Book
Divs. Value
Earns
Johnson&John
JPMorgChase
McDonalds
Merck Co
Microsoft
Nike Inc
Pfizer
Proc Gam
3M Co
Travelers Cos
UnitedHealth Grp
Utd Tech
Verizon
Visa
Wal-mart
5.92
6.76
6.11
2.47
2.70
2.35
1.36
5.59
8.77
10.14
8.54
6.48
3.90
2.69
4.16
3.28
1.96
3.76
1.88
1.56
0.72
1.26
2.7182
4.635
2.78
2.75
2.68
2.31
0.66
2.03
26.02
64.06
(2.69)
14.58
9.39
7.55
9.81
21.22
17.26
83.05
40.20
34.10
5.53
11.61
25.52
Transportation Stocks
Alaska Air Group
American Airlines
Avis Budget Grp
C.H. Robinson
CSX Corp
Delta Air Lines
Expeditors Int'l
FedEx
Hunt (JB)
JetBlue Air
6.16
4.05
0.72
3.40
1.91
5.03
2.31
10.60
3.82
1.97
1.175
0.40
Nil
1.80
0.76
0.9125
0.82
1.80
0.91
Nil
23.77
7.46
2.57
8.90
12.58
16.81
10.26
59.92
12.70
11.92
KC Southern
Kirby Corp
Landstar Sys
Matson Inc
Norf So
Ryder Sys
Southwest Air
Un Pacific
UPS
United Continental
4.98
2.18
3.46
1.73
6.16
4.25
3.26
5.52
4.07
7.24
1.35
Nil
0.37
0.77
2.42
1.78
0.45
2.42
3.27
Nil
38.31
44.74
12.97
10.99
42.73
38.39
13.03
24.43
0.47
27.52
0.47
2.36
1.54
1.06
2.74
2.965
3.455
2.17
4.24
35.38
29.30
8.03
46.88
23.26
58.62
36.82
Exelon
1.91
FirstEnergy
(11.70)
NextEra Energy
8.91
NiSource Inc.
0.86
PG&E Corp.
4.05
Pub Sv Ent
0.89
Southn Co.
0.66
1.3005
1.44
3.8175
0.69
2.04
1.70
2.28
27.96
14.11
52.01
12.60
35.39
26.01
25.00
Utility Stocks
AES Corp.
(1.14)
Am Elec
1.16
American Water Works
2.65
CenterPt Energy
1.39
Con Ed
4.13
Dominion Energy
3.46
Duke Energy
3.37
Edison Int'l
4.27
Coming U.S. Auctions
Yields (%)
When
Last
Issued*
Auction
Day
M
$42.0 bil
$36.0 bil
3-month
6-month
1.047
1.204
1.050
1.170
* As of Friday afternoon.
This index is an weighted average of 50 leading issues.
Useful in security valuation. Source: Barron's Stats
Sep 28
2017
Sep 21
2017
Sept Yr-to-Yr
2016 % Chg
S&P 500 Index
2510.06 2500.60 2165.55
Barron's 50 Index
7960.94 7921.87
6919
Projected quarterly earn
97.86 97.86 93.83
Annualized projected earn 391.44 391.44 375.31
Annualized projected P/E
20.34 20.24
18.4
Five-year average earn
355.64 355.64 342.86
Five-year average P/E
22.38 22.27
20.2
Year-end earn
354.36 354.36 339.38
Year-end P/E
22.47 22.36
20.4
Year-end earns yield, %
4.45
4.47
4.9
Best grade bond yields, %
3.20
3.19
2.93
Bond yields/stock ylds, %
0.72
0.71
0.60
Actual year-end divs
187.35 187.35 174.08
Actual yr-end divs yld, %
2.35
2.36
2.52
15.91
15.06
4.30
4.30
10.30
3.73
10.93
4.42
10.19
–9.26
9.36
20.51
7.62
–6.47
WEEKLY VOLUME BY MARKETS
IN NYSE-LISTED STOCKS
(Shares in
thousands)
Last
Week
Bats
Bats Y
Boston
CBOE
Chicago
Edge A
Edge X
IEX
ISE
NASDAQ Mkt Cntr
Finra/NASDAQ TRF
National
NYSE
NYSE American
NYSE Arca
Phila.
Total
Prev.
Week
941,954
925,633
568,055
0
40,870
241,097
813,401
420,533
0
1,397,297
5,526,085
0
4,116,950
12,483
928,480
71,750
16,004,588
Year
Ago
900,364
921,659
539,658
0
55,784
234,022
826,257
404,564
0
1,359,838
5,424,015
0
3,914,405
11,977
899,045
71,472
15,563,061
1,154,802
817,713
468,354
0
224,107
467,518
1,060,891
347,169
0
1,833,713
6,188,915
1,782
4,731,108
0
1,198,037
123,555
18,617,663
144 FILINGS
SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale. (Sometimes shares aren't sold, even though their owner
has filed a Form144.) See barrons.com for complete table and for more detail on Titles. Source: Thomson Reuters
Company
Sym
Novocure Ltd
Square
Gap
Advanced Micro Devices
Realpage
Gap
Hewlett Packard Enterprise
Servicemaster Global Holdings
Primoris Services
Exelixis
NVCR
SQ
GPS
AMD
RP
GPS
HPE
SERV
PRIM
EXEL
Shares
Indicated
$ Value
Sale
Date
441,880
400,000
366,849
325,000
308,000
300,000
249,023
230,593
225,000
200,000
9,036,446
10,890,000
10,269,864
4,078,750
12,936,000
8,395,380
3,404,145
10,787,371
6,500,000
5,623,000
9/13/17
9/11/17
9/20/17
9/12/17
9/12/17
9/19/17
9/18/17
9/13/17
9/20/17
9/25/17
Seller
Title
Danziger, Asaf
Mckelvey, James
Fisher, William
Su, Lisa
Winn, Stephen
Fisher, William
Whitman, Margaret
Gillette, Robert
Pratt, Brian
Schwab, Gisela
CEO
AF
D
AF
CEO
DO
CEO
AF
CB
UT
U.S. DOLLAR INDEX vs EURO and YEN
Picnic Basket: The Buck gained versus the basket of currencies in the U.S. Dollar Index,
which rose from 92.14 to 93.07, as traders anticipated U.S. rate hikes and tax cuts.
10
s
EURO in $
0
s
DXY (93.07)
-10
s
YEN in $
-20
O
N
D
J
F
M
A
M
J
J
A
S
Source: Tullett Prebon
M40
BARRON’S
October 2, 2017
Market Laboratory
EARNINGS SCOREBOARD
CONSENSUS OPERATING EARNINGS ESTIMATES FOR DOW INDUSTRIALS
2017 EPS1
4 Wks
Ago
Cur
Company
2018 EPS1
2017 4 Wks
2018
P/E2
Ago
Cur P/E2
2017 EPS1
4 Wks
Ago
Cur
Company
2018 EPS1
2017 4 Wks
2018
P/E2
Ago
Cur P/E2
Johnson & Johnson 7.18
7.18
8.94
8.94 23.4
9.44
9.44 22.2
McDonalds
6.55
6.56
5.74
5.74 15.7
6.36
6.35 14.2
Merck
3.87
3.87
9.48
9.49 16.2 11.21 11.29 13.6
Microsoft
3.32
3.30
9.99 10.02 25.4 10.71 10.81 23.5
Morgan (J.P)
6.81
6.80
5.24
5.25 23.8
6.56
6.62 18.9
Nike
2.30
2.26
3.81
3.93 29.9
4.86
4.80 24.5
Pfizer
2.56
2.56
2.39
2.39 13.9
2.49
2.49 13.4
Procter & Gamble
4.03
4.03
1.90
1.90 23.6
1.99
1.98 22.7
Travelers
8.91
7.66
6.03
5.94 16.5
6.56
6.51 15.1
United Technologies 6.58
6.57
3.24
3.29 21.0
4.07
4.08 16.9
UnitedHealth
9.86
9.87
3.42
3.42 24.0
3.91
3.82 21.5
Verizon
3.78
3.77
1.57
1.56 15.6
1.70
1.69 14.4
Visa
3.55
3.55
18.23 18.16 13.0 19.97 19.94 11.8
Wal–Mart Stores
4.37
4.37
7.32
7.33 22.2
8.31
8.30 19.6
Median
13.76 13.76 10.6 13.87 13.82 10.5
DJ Industrials
3.01
3.01 12.6
3.10
3.10 12.2
1201.51 1215.39
1Earnings estimates are for calendar years. 2Based on latest earnings estimate.
18.0
7.74
7.73 16.7
24.0
6.96
6.97 22.6
16.6
4.19
4.18 15.4
22.4
3.37
3.35 22.0
14.0
7.58
7.57 12.6
23.3
2.59
2.48 21.2
13.9
2.76
2.76 12.9
22.6
4.32
4.33 21.0
16.0
9.65
9.65 12.7
17.6
7.00
6.86 16.9
19.9 10.86 10.85 18.1
13.1
3.84
3.82 12.9
29.4
4.15
4.15 25.2
18.0
4.63
4.62 17.1
18.0
16.9
18.4 1312.92 1338.33 16.7
Source: Thomson Reuters.
3M
American Express
Apple
Boeing
Caterpillar
Chevron
Cisco Systems
Coca–Cola
Disney
DowDuPont
Exxon Mobil
General Electric
Goldman Sachs
Home Depot
IBM
Intel
Coming Earnings
Last Week's Major Surprises
Company
Positive
Smart Global Hldgs
Nike
Thor Industries
Conagra Brands
Red Hat
Cintas
Kb Home
Micron Technology
Synnex
Ihs Markit
Comtech Telecom
Mccormick & Co
Ticker
Period
SGH
NKE
THO
CAG
RHT
CTAS
KBH
MU
SNX
INFO
CMTL
MKC
2Q
2Q
2Q
2Q
2Q
2Q
2Q
2Q
2Q
2Q
2Q
2Q
Cons.
Est.1
Actual
Net Per
Share
0.64
0.48
1.95
0.40
0.67
1.30
0.46
1.84
1.97
0.53
0.29
1.05
0.79
0.57
2.26
0.46
0.77
1.48
0.51
2.02
2.16
0.57
0.31
1.12
Negative
Angiodynamics
ANGO
1Q
0.16
0.12
Actuant Corp
ATU
4Q
0.22
0.19
1Latest consensus estimate among industry analysts, as compiled
by Thomson Reuters before actual earnings were reported.
Last Week's Major Estimate Changes
DOW JONES U.S. TOTAL MARKET INDUSTRY GROUPS
Net Change
% Change and Ranking
52 Week
Wkly
YTD
Week Rank Yr Ago Rank
YTD Rank
3 Yr
High
Low
DJUSHB
+ 35.14 217.83
+4.89
[1] +37.38
[9] +40.63
[3] +18.18 754.01 511.83
DJUSTK
+ 27.85 84.70
+4.14
[2] +31.96 [22] +13.75 [59] +10.56 700.45 524.22
DJUSCL
+ 1.66 –3.19
+4.12
[3]
–9.70 [139]
–7.08 [132] –28.24
54.48
33.63
DJUSRA
+ 23.02 –69.85
+3.30
[4]
–6.23 [135]
–8.83 [137]
–2.00 864.54 651.00
DJUSOE
+ 3.33 –9.15
+3.17
[5] –22.08 [141]
–7.77 [133] –17.54 140.77
96.82
DJUSST
+ 7.19 –9.94
+3.09
[6] +18.99 [64]
–3.97 [126]
–.72 279.27 190.53
DJUSMT
+ 6.40 –1.81
+3.05
[7]
+9.41 [91]
–.83 [119] –17.97 239.95 182.67
DJUSDS
+ 7.14 –36.57
+2.98
[8]
–2.29 [126] –12.89 [139]
–5.66 310.57 215.19
DJUSAL
+ 3.96 59.23
+2.73
[9] +80.35
[1] +66.03
[1]
+4.09 151.75
72.82
DJUSTR
+ 3.06
5.87
+2.72 [10]
+3.98 [109]
+5.34 [100] +12.31 129.84
98.92
Net Change
% Change and Ranking
52 Week
Top 10 Yr Ago Ranked
IG-Sym
Close Wkly
YTD
Week Rank Yr Ago Rank
YTD Rank
3 Yr
High
Low
DJUSAL
Aluminum
148.93 + 3.96 59.23
+2.73
[9] +80.35
[1] +66.03
[1]
+4.09 151.75
72.82
DJUSLG
Hotels
1773.42 + 22.38 434.28
+1.28 [46] +56.49
[2] +32.43
[6] +14.86 1,773.42 1,109.39
DJUSAS
Aerospace
1311.13 – 4.97 319.11
–.38 [119] +49.17
[3] +32.17
[7] +15.20 1,319.70 871.79
DJUSBK
Banks
436.68 + 8.22 33.99
+1.92 [26] +42.78
[4]
+8.44 [87] +11.48 438.05 309.17
DJUSSB
Investment Svcs
1104.63 + 22.17 121.10
+2.05 [23] +42.42
[5] +12.31 [63] +13.77 1,104.63 785.46
DJUSAE
Aerospace & Defense
1288.87 + 2.40 286.56
+.19 [100] +41.40
[6] +28.59 [12] +17.72 1,292.39 898.70
DJUSHR
Commercial Vehicles
1839.07 + 22.06 349.65
+1.21 [51] +40.11
[7] +23.48 [26]
+8.13 1,839.07 1,268.15
DJUSAI
Electronic Equipment
559.66 – 4.86 127.69
–.86 [130] +37.56
[8] +29.56 [10] +15.69 567.05 388.42
DJUSHB
Home Construction
754.01 + 35.14 217.83
+4.89
[1] +37.38
[9] +40.63
[3] +18.18 754.01 511.83
DJUSMF
Mortgage Finance
7.28
+ .11
1.59
+1.59 [38] +35.69 [10] +28.01 [13]
+8.40
7.28
5.06
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg
column shows the change from previous 65-day moving average. Volume figures do not reflect extended trading hours. See barrons.com
for complete table.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Top 10 Weekly Ranked
Home Construction
Trucking
Coal
Apparel Retailers
Electronic Office Equip
Steel
Marine Transportation
Industrial Suppliers
Aluminum
Tires
IG-Sym
Close
754.01
700.45
41.85
721.13
108.60
240.15
216.48
247.02
148.93
115.90
Company
Positive
Hubspot
Micron Technology
Axovant Sciences
Warrior Met Coal
Tahoe Resources
Pdc Energy
Synnex
Red Hat
Cintas
Carmax
Westlake Chemical
Tesco Plc
First
Closing
Closing
High
Closing
Low
Close Avg
Mean
Last
Close
21987.56
21963.92
21479.27
21144.18
22412.59
22118.42
21891.12
21528.99
21753.31
21674.51
21320.04
21136.23
22173.41
21914.08
21581.25
21317.80
22405.09
21948.10
21891.12
21349.63
Chg.
% Chg.
Avg.
P/E
Avg.
Yield
+
+
+
+
19.92
19.74
20.36
20.42
2.30
2.29
2.30
2.33
2017
Sept
Aug
July
June
+
+
+
+
456.99
56.98
541.49
340.98
2.08
0.26
2.54
1.62
HUBS
MU
AXON
HCC
TAHO
PDCE
SNX
RHT
CTAS
KMX
WLK
TSCDF
Prev.
Fri.
Cons.
Last
Fri.
Cons.
17-Dec
18-Aug
18-Mar
17-Dec
17-Dec
17-Dec
17-Nov
18-Feb
18-May
18-Feb
17-Dec
18-Feb
0.05
6.46
-2.33
6.17
0.34
0.20
8.39
2.69
5.22
3.72
4.71
9.74
0.08
7.56
-2.14
6.57
0.36
0.21
8.76
2.78
5.35
3.81
4.80
9.92
Negative
Manchester United
MANU
18-Jun
19.82
4.44
Kornit Digital
KRNT
17-Dec
0.42
0.18
Ascena Retail Grp
ASNA
18-Jul
0.23
0.17
Cree
CREE
18-Jun
0.36
0.30
Pier 1 Imports
PIR
18-Feb
0.47
0.41
Mapfre Sa
MPFRF
17-Dec
0.27
0.25
Noble Energy
NBL
17-Dec
-0.15
-0.16
Bed Bath & Beyond
BBBY
18-Feb
3.22
3.01
Compass Minerals Internatinl
CMP
17-Dec
2.96
2.79
Finish Line
FINL
18-Feb
0.57
0.54
Presidio
PSDO
18-Jun
1.32
1.26
Dexcom
DXCM
17-Dec
-0.77
-0.79
1Latest consensus estimate among industry analysts, as compiled
by Thomson Reuters.
SELECTED INITIAL PUBLIC OFFERINGS
MONTHLY DOW JONES INDUSTRIAL AVERAGE
Year
Month
Ticker
FY
End
PQ Group Holdings
Deciphera Pharma
Nightstar Therapeu
NuCana
Roku
RYB Education
Ticker
Code
Initial
Offer
Price
Most
IPO Recent
Date Price
PQG
DCPH
NITE
NCNA
ROKU
RYB
17.50
17.00
14.00
15.00
14.00
18.50
9/29
9/28
9/28
9/28
9/28
9/27
17.25
18.99
19.20
18.37
26.54
28.50
%
Chg
-1.4%
11.7%
37.1%
22.5%
89.6%
54.1%
Day
Consensus
Estimate
W
PEPSICO (3Q)
RUBY TUESDAY (1Q)
PARK ELECTROCHEMICAL (2Q)
RESOURCES CONNECTION (1Q)
ACUITY BRANDS (4Q)
RPM Int'l (1Q)
MONSANTO CO (4Q)
Th
HELEN OF TROY Ltd (2Q)
Int'l SPEEDWAY (3Q)
CONSTELLATION BRANDS (2Q)
COSTCO WHOLESALE (4Q)
Year
Ago
1.43
0.00
0.13
0.12
2.43
0.84
–0.41
1.40
0.10
0.15
2.21
0.83
0.07
1.35
0.03
2.17
2.01
1.31
0.03
1.77
1.77
Continued from page 13 of the main section.
(Earnings are diluted and report dates are tentative. All forecasts and historical numbers exclude extraordinary items by
accounting definitions.)
Source: Thomson First Call
NYSE DATA BANK
Latest
Month
Stock Volume
(Mil. Shs) August
Bond Volume
(Thous. $) August
Preceding
Month
Year-Ago
Month
22,037.0
19,900.4
23,489.6
201
473
11,686
Security Sales
NYSE Dollar Volume
(Bil $) August
850.8
778.5
853.3
Customers' margin debt
(Mil $) August
550,851
549,860
471,231
Customers' credit balances
(Mil $) August
151,871
151,605
152,262
Free credit bal. cash accounts
(Mil $) August
140,443
142,344
148,902
Short interest
(Thous. Shs) Sept. 15 16,465,938 16,106,666 15,974,453
Short interest ratio
(d) Sept. 15
5.0
5.8
4.6
(d) For period Aug. 31 to Sept. 15
r-Revised Source: NYSE. *-Now includes composite trades.
PULSE OF THE ECONOMY
Only includes new reports. For complete table, see barrons.com
Economic Growth and Investment
Latest
Date
Gross domestic product ................................................................
Personal income, (bil. $)................................................................
Personal Savings Rate, St.Louis Fed ..............................................
All fixed investment, (bil. $)............................................................
Non–residential investment, (bil. $) ...............................................
Residential investment, (bil. $) ......................................................
2nd Qtr
Aug
Aug
2nd Qtr
2nd Qtr
2nd Qtr
Latest
Data
Preceding
Period
Year
Ago
YroYr
% Chg
3.1
16,468.8
3.6
2,898.5
2,300.6
594.1
1.2
r16,440.2
r3.6
2,875.7
2,263.6
605.5
2.2
16,043.0
5.8
2,797.5
2,205.3
586.5
2.20
2.65
–37.93
3.61
4.32
1.30
Production
Electric power, (mil. kw hrs) (EEI) ..................................................
Petroleum, related capacity, % ......................................................
Rotary rigs running, U.S. & Can., (Hughes) ....................................
Steel, (thous. tons) ........................................................................
Steel, rated capacity, % (AISI)........................................................
Sept 23
Sept 22
Sept 29
Sept 23
Sept 23
81,983
88.6
1,153
1,720
73.8
75,251
83.2
1,155
1,745
74.9
81,953
90.1
684
1,605
68.6
0.04
–1.66
68.57
7.17
7.58
Aug
Aug
Sept 23
Sept 29
Aug
2nd Qtr
13,390.6
237.2
0.02
1,356
560
11,853.0
r13,372.7
r236.5
0.18
1,502
r580
11,758.0
12,783.0
232.5
–0.21
875
567
11,537.7
4.75
2.02
….
54.97
–1.23
2.73
Sept 22
470,986
472,832
472,084
–0.23
Consumption and Distribution
Consumer spending, (bil. $) ..........................................................
Durable goods (bil. $) ....................................................................
Instinet Research Redbook Avg. (monthly %) ................................
Baltic Dry Index .............................................................................
New home sales, (thous. units)......................................................
Personal consumption ..................................................................
Inventories
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) ...........
Latest
Date
Gasoline, (thous. bbls) ..................................................................
Latest
Data
Preceding
Period
Year
Ago
YroYr
% Chg
217,292
216,185
227,183
–4.35
232.8
r228.9
227.6
2.28
2nd Qtr
2nd Qtr
2,181.1
2,794.8
2,162.3
2,784.5
2,112.5
2,684.9
3.25
4.09
Sept 29
2nd Qtr
108.87
1.0
109.12
2.0
95.99
2.4
13.42
….
Sept 23
Sept 16
272
1.934
r260
r1.979
253
2.076
7.51
–6.84
215.50
r213.81
204.92
5.16
119.8
0.02
r120.4
r–0.01
103.5
–0.27
15.75
….
Sept 22
Orders
Durable goods, (bil. $) ...................................................................
Aug
Trade
Exports .........................................................................................
Imports.........................................................................................
Inflation
JOC–ECRI Industrial Price Index f ..................................................
Gross domestic product deflator....................................................
Employment
Initial jobless claims (thous.) ........................................................
Continuing claims (mil.) ................................................................
Construction
Home Price Index S&P Case–Shiller – Comp. 10 (SA) ....................
July
Other Indicators
Consumer confidence (Conference Board) ....................................
Citi Research Panic–Euphoria Reading ..........................................
Sept
Sept 29
a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. r-Revised.
October 2, 2017
BARRON’S
M41
Market Laboratory
WEEK’S NEW HIGHS AND LOWS
Weekly Comp.
NYSE
New Highs
New Lows
WEEK’S NEW HIGHS AND LOWS
AppFolio
Appian
AppliedMaterials
ArrowInvDWATact
ASML
AssemblyBiosci
AtlAcquisitionWt
AtlanticAcqnUn
AtlanticCoastFin
AtlasFinancial
aTyrPharma
AudentesTherap
AveXis
AxcelisTechs
AxoGen
Baidu
BallardPower
BankFinancial
BankMutual
Banner
BassettFurniture
BayBancorp
BeiGene
BelFuse A
BGC Partners
BldrsDev100
BldrsEur100
Blucora
BlueBird
bluebirdbio
BlueBuffaloPet
BlueHillsBncp
BlueprintMed
BOK Fin
Bottomline
Brooks Auto
BuildersFirstSrc
C&F Fin
CaesarsAcqn
CalamosStratTot
CalAmp
CambiumLearning
CanterburyPark
CapitalCityBank
CareDx
Carlyle
CarlylePfdA
CarolinaFinancial
CasellaWaste
CathayGenBncp
CavcoIndustries
CB FinSvcs
CBOE Holdings
CDW
Celgene
Celgene Rt
CenterStateBank
CenturyBancorpA
ChefsWarehouse
ChemungFinl
ChinaInternet
ChurchillDowns
Cintas
Clarus
ClearBrLCGrw
CME Group
CoBizFin
Codexis
CodorusValleyBncp
CogentComm
Cohu
ColumbusMcKinn
CommerceHub C
CommunityBkrs
ComtechTel
Conmed
Conn's
ConsldWater
ConstellAlphaRt
CorceptTherap
CoriumIntl
Corvel
CovenantTranspt
Cowen
CRA Intl
CreditAcceptance
Crocs
CryoPort
CSW Industrials
Cutera
CymaBayTherap
DataIO
DavisFinl
DavisUSEquity
DecipheraPharm
DelTaco
NYSE Amer Nasdaq
394
49
15
17
505
106
NYSE AMER
AbrdFstIsrael
AlphaProTech
Chase
CisionWt
AdCareHealth
AoxingPharm
CrystalRock
GEE Group
GoldStandrdVntr
NEW HIGHS
ConTomka
MastechDigital
EllsworthPfdA PacGE pfE
EvansBancorp ParPacific
LadenburgThalmann RENN Fund
NEW LOWS
ImmunoCellWt NanoViricides
JRjr33
OrientPaper
KelsoTechs
Pfenex
Myomo
PlatinumGrpMtls
RingEnergy
StoneEnergyWt
UQM Tech
SamsonOil&Gas
TakungArt
TanRoyExplr
TelInstrElec
NASDAQ
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
180DegreeCap
1stSource
2U
51job
AbeonaTherap
AbeonaTherapWt
Abiomed
AcelRxPharm
Actua
Adtran
AdvAcceltrApp
AeroVironment
Agilysys
AGNC InvPfdC
AirTransportSvcs
AkceaTherap
AkebiaTherap
Alico
AllscriptsHlthcr
AlnylamPharm
AltraIndlMotion
AmerFirstMultifam
AngioDynamics
AnikaTherap
NEW HIGHS
Ebix
JBHunt
ElbitSystems
JohnsonOutdoors
EldoradoResorts KaiserAlum
ElectroScientific KellyServices A
ElectrumSpec
KewauneeSci
EnantaPharma KeyTechnology
EncoreCapital
KimballElec
EnstarGroup
KimballIntl B
EntegraFin
Kingstone
Entegris
KinsaleCapital
ePlus
KitePharma
EsquireFinancial KuraOncology
Exa
LakelandFin
EXACT Sci
LamResearch
Exactech
LandstarSystem
ExpeditorsIntl
LayneChristensen
LeggMasonSCQualVal
Exponent
ExtremeNetworks LHC Group
FarmersNatlBanc LibertyBraves A
Fauquier
LibertyBraves C
FederalStrAcqn LimelightNetworks
FidelityNasdComp Littelfuse
FinTechAcqnII LivaNova
FirstBancorpNC LKQ
PwrShS&P ScHealth
PwrShS&P SmInds
PwrShUS1500
PwrShWaterRscs
QAD A
Qualys
QuinStreet
RadaElectronic
RadNet
RBC Bearings
REGENXBIO
Remark
Retrophin
RevanceTherap
RF Industries
RiverviewBncp
Roku
RushEnt A
RushEnt B
S&T Bancorp
SafetyInsurance
Saia
SangamoTherap
ScientificGames
CBOE MARKET REPORT
Advances-Declines
Last
Week
Advances
Declines
Unchanged
154,457
130,464
124,138
CALLS
Week
Ago
PUTS
Last
Week
Week
Ago
122,932
70,914
121,160 209,428
105,861 128,712
69,603
170,563
109,783
Market Volatility Index (VIX)
VIX Index
Last
Week
9.51
Prev.
Week
9.59
Month
Ago
10.13
Year
Ago
13.29
The CBOE Volatility Index (VIX) is derived from the prices of all
quoted at-the-money and out-of-the-money, S&P 500 Index
(SPX) putsand callsinthetwofrontmonths.
Put-Call Ratio
Last Week
Puts
Calls
Last
Week
Previous
Week
S&P 100
2,271
1,999 114/100
CBOE Equity 2,579,469 4,242,882
61/100
91/100
66/100
Investors rely on the equity put-call ratio, which tends to track
individual trades, and the index put-call ratio, which reflects
professionalandinstitutionalstrategies,ascontrarysentiment
indicators.Thehighertheputtrading,themorebullishtheindication and vice-versa. Readings in the CBOE equity put-call
ratio of 60:100 and in the S&P 100 of 125:100 are considered
bullish, for instance. Bearish signals flash when the equity putcall level reaches the vicinity of 30:100 and the index ratio hits
75:100.
Rampart Time Premium Index
The Composite Call Index (of time premiums on near-themoney six-months calls on 2494 optionable stocks) was 10.54
atThursday'sclose,versus10.49aweekearlier.TheComposite
Put Index (of time premiums on near-the-money six-month
puts on 2430 optionable stocks) was 9.59 at Thursday's Close,
versus 9.37aweekearlier.
FirstBancshares
FirstLongIsland
FirstMidILBcsh
FirstNWBncp
FirstSouthBancorp
Fiserv
FiveBelow
FlexSTOXXGlbESGImp
FormFactor
ForwardAir
FosterLB
FoxFactory
FreightCarAmer
FS Bancorp
FSB Bancorp
FT CloudComp
FT DorseyDyn5
FT DorseyFoc5
FT JapanAlpha
FT LC CoreAlpha
FT LC GrwthAlpha
FT LC US Equity
FT MC CoreAlpha
FT MC GrwthAlpha
FT MC US Equity
FT MC ValAlpha
FT MCGrAlpDX
FT MuCValAlpha
FT NasdSemicon
FT RBA AmerInd
FT RiverFrDynAP
FT SC CoreAlpha
FT SC GrwthAlpha
FT SC US Equity
FT TotalUSMkt
FT USEquityDiv
FulingGlobal
FullHouse
GencorIndustries
GeneralFin9%PfdC
GermanAmerBncp
GlacierBancorp
GladstonePfd2024
GlbIndemnityNts
GlbX GuruActivist
GlbXConsciousCos
GlbXFinTech
GlbXSuperDividAlt
GlobalIndemnity
GoldenEnt
GovtPropNts2046
GpoFinGalicia
GrandCanyonEduc
GreatElmNts22
GreeneCnty
Gyrodyne
H&E Equipment
HalozymeTherap
HamiltonLane
Hardinge
HarvardBioSci
HealthcareSvcs
HeartlandExp
Helios&Matheson
HeritageCrystal
HeritageFin
HookerFurniture
HorizDAXGermany
HorizonBancorp
HowardBancorp
HuntingtonBcPfA
Hurco
HVBancorp
I-AMCapAcqn
ICC
ICU Medical
ID Systems
Ignyta
II-VI
Immunomedics
IndependentBank
IntecPharma
InteractiveBrkrs
Interface
InterParfums
Investar
IPG Photonics
IQ Chaikin US SC
iRhythmTechs
iShCommodSelStrat
iShCoreS&PUSValue
iShFallAngelsUSDBd
iShMSCIEAFESC
iShMSCIEuropeSmCp
iShMSCIGlbImpact
iShMSCINZCapped
LoncarCancerETF
LoralSpace
LoxoOncology
LPL Financial
LRAD
MackinacFin
MadrigalPharm
MagellanHealth
MagicSoftware
MalibuBoats
MAM Software
MarinusPharma
MarlinBusSvcs
Marriott
MartenTransport
MCBCHoldings
McGrathRentCorp
MelroseBancorp
MercurySystems
MicronTech
MillAcqn Un
MKS Instrum
MMACapitalMgmt
ModernMediaUn
MonarchCasino
Morningstar
MTGEInvestment
MutualFirstFin
MyriadGenetics
Nasdaq
Nathan's
NationalCommerce
NatlBankshares
NatlWesternLife
Neogen
Neurocrine
NewStarFinancial
NewtekNts2021
NICE
NicoletBankshares
NightstarTherap
NortheastBancorp
NorthrimBanCorp
NorwoodFin
Novanta
NuCana
NV5Global
NXP Semi
NY MtgPfdC
OakValleyBncp
OhioValleyBanc
Old2ndBcp
Old2ndCapPfd
OldDomFreight
Ollie'sBargain
OmegaFlex
ON Semi
OramedPharms
OraSureTechs
OSI Systems
OtterTail
Overstock
Paccar
PacificContinent
PacificMercBncp
Parexel
ParkeBancorp
PCSB Fin
pdvWireless
PeapackGladFinl
PennantParkCap
PennNational
PensareAcqnUn
People'sUtahBncp
PetIQ
PointerTel
PointsIntl
Potlatch
PreferredBankLA
PreformedLine
PremierFinBncp
Presbia
PrincipalPriceSet
PrincipalShrhldrYd
PrincipalUSSCIndex
ProfireEnergy
Prothena
PrudentialBancorp
PumaBiotech
PwrShBuybackAch
PwrShDWAMom
PwrShDWANasdMom
PwrShDWASCMom
PwrShDWATactical
PwrShDynFinl
PwrShDynHlthcr
SecureWorks
SEI Investments
SelectiveIns
ShenandoahTel
Silicom
SiliconLab
SinovacBiotech
SITO Mobile
SkyWest
SMART Global
SodaStream
SolarEdgeTech
SoMO Bancorp
SparkTherap
SpartanMotors
SpectrumPharm
Splunk
SPPlus
SprottFocus
SS&C Tech
StaarSurgical
StarBulkNts2019
StarsGroup
StateBankFin
SterlingCnstr
SunHydraulics
Surmodics
TabulaRasaHlth
TakeTwoSoftware
TD Ameritrade
TDH
TechTarget
TexasCapWt
TexasInstruments
TheBancorp
TICCCapNts24
TimberlandBncp
TowerSemi
TriCoBancshares
TriMas
TriumphBancorp
TRowePrice
Trupanion
TrustcoBank
TwoRiverBancorp
UFP Tech
UltraClean
Umpqua
UnitedGuardian
UnityBancorp
UnivestPA
UnivLogistics
UnivStainless
US Lime&Min
USA Tech
USA Truck
UtahMedProducts
UtdCmtyFnl
ValideaMktLeg
VangdRuss1000
VangdRuss1000Val
VangdRuss2000
VangdRuss2000Grw
VangdRuss2000Val
VangdRuss3000
VantageEnerAcqnUn
Vericel
VeriSign
Veritone
Veru
Vicor
VicShUS500EnhVol
VicShUS500Vol
VicShUSDiscEnhVol
VicShUSEQIncmEnh
VicShUSLCHiDivVol
VicShUSSCVolWtd
VidentCoreUSEquity
VikingTherap
VikingTheraWt
VillageBank&Tr
Virtusa
VoyagerTherap
VSE
VSInverseVIXSTerm
WernerEnterprises
WestNewEngBncp
WestportFuelSys
WillisTwrsWatson
WisdTrJapanHdgSC
WisdTrUSQltyDiv
WolverineBancorp
Woodward
WPCS Intl
WynnResorts
Xilinx
CONFERENCE CALL CALENDAR
Earnings - Related
Company
Acuity Brands
Constellation Brands
Monsanto
Paychex
PepsiCo
Source: CCBN, www.ccbn.com
Date
Time
Earnings-Related Period
October 4
October 5
October 4
October 3
October 4
10:00AM
10:30AM
9:30AM
9:30AM
7:45AM
Q4
Q2
Q4
Q1
Q3
WEEK’S NEW HIGHS AND LOWS
iShRuss1000PureUS
iShS&PSC600Growth
Itron
IXYS
IZEA
JanusSCGrwAlpha
WEEK’S NEW HIGHS AND LOWS
PwrShDynIndls
PwrShDynTech
PwrShGlbWater
PwrShS&P InfTech
PwrShS&P SC CD
PwrShS&P SC ConStp
YY
ZAGG
ZebraTech
ZionsBancorpWt
ZionsBancorpWt
Zogenix
AchieveLifeSci
Advaxis
AdvaxisWt
AethlonMedical
AkersBiosciences
Arcimoto
AtlanticAmerican
AvenueTherap
Avinger
AxovantSciences
BancFst pf
BioblastPharma
BisonCapAcqnRt
CafePress
CardiomePharma
Cardtronics
Ceragon
Chanticleer
Cherokee
ChickenSoupEntA
ChinaRecycling
CitiusPharmWt
Comstock
Conifer
ConstellAlphaWt
DecipheraPharm
DelMarPharm
NEW LOWS
DepoMed
LeadingBrands
DexCom
LeapTherap
DHX Media VV MartinMidstream
DianaContainer Mattel
DifferentialBrds MicroStrategy
DigitalAlly
MidatechPharma
DiscoveryComm B NetSolTech
DISH Network
NeuroMetrixWt
Dynatronics
NightstarTherap
Enteromedics
NuCana
ExelaTech
OceanRigUDW
FarmerBros
OnconovaTherap
FederalStrAcqn ONE GroupHosp
GenoceaBiosci OptimumBank
GladstonePfdB OspreyEnergyWt
GP Invts
OssenInnovation
GreatElmNts22 OxbridgeRe
HabitRestaurants ParkerVision
HawaiianHoldings Popular
Innodata
Precipio
InsysTherap
RennovaHealth
InterceptPharm RitterPharm
InterlinkElec
RokaBioscience
JaguarHealth
Roku
JMU
RosehillRscsUn
KrystalBiotech RosettaGenmcs
LatticeSemi
RXiPharm
SecooHolding
SecurityNatFin
ShiftPixy
SonicFoundry
Sphere3D
SunesisPharm
Synaptics
SynergyPharm
TileShop
TillCapital
TOP Ships
TremontMortgage
Uniti
UrbanOne D
US Gold
Versartis
VistaGenTherap
VS2xVIXShortTerm
VSVIXShortTerm
Vuzix
Windstream
WMIH
XeneticBiosci
Xperi
YogaWorks
Aflac
AG Mortgage
AMN Healthcare
AbbottLabs
AbbVie
Accenture
AdamsDivEquityFd
Adient
AdvDisposalSvcs
AdvanSix
AerCap
AerojetRocket
AffiliatedMgrs
AirProducts
AlamoGroup
AlbanyIntl
Albemarle
Alere
AlerePfdB
Allegion
AllianzGIEqtyConv
AllyFinancial
AlpineTotDynDiv
Ameresco
AmEqtyLf
AmericanExpress
AmerVanguard
Amphenol
AnnalyCapPfdF
Aon
ApolloGlobalMgmt
ArcosDorados
AristaNetworks
ArmstrongWorld
AshfordHospPfdH
AstoriaFnl
AvenueIncmCrStrat
NEW HIGHS
DelphiAutomotive Kadant
DelticTimber
Kaman
DeutscheHiIncmOpps Kemper
DeutscheMultiMkt KimcoRealtyPfdL
DianaShippingPfd Koppers
DigitalRealtyPfdJ KornFerry
Dividend&IncomeFd KosmosEnergy
DollarGeneral
Kraton
DominionDiamond KronosWorldwide
DominionEnerMid Kyocera
DouglasDynamics LaQuinta
EPAM Systems LazardWorldDiv
EastmanChem Lear
EmeraldExpo
Leidos
EmergentBiosol LibertyAllStar
EmployersHldgs LibertyASGFd
EmpresaDisCom LincolnNatlWt
EnelGenChile
LionsGate A
Ennis
LionsGate B
EnPro
LithiaMotors
EntergyMS Bds LouisianaPacific
Envestnet
LyondellBasell
FactSet
MFA Financial
FarmlandPtrsPfdB MGIC Investment
FedAgriMtg A
MSCI
FedAgriMtg C
MagnaIntl
FederalSignal
Manitowoc
FederatedInvest Manpower
FedEx
MarineProducts
Ferro
Marsh&McLennan
FirstAmerFin
Materion
FirstRepBank
Maximus
FT AberEmgOpp Medifast
FirstCash
MeritageHomes
Flagstar
Meritor
ForestarWi
MetLife
Fortive
MillerHowardHiIncm
DigitalTurbine
Diodes
DMC Global
DorseyWrightPeople
DraperOakwood
E*TRADE
EagleBancorp
NYSE
RoyalBkCanada
RoyalBkScotland
RoyalDutchA
RoyalDutchB
RoyceGlbValueTr
RoyceMicroCap
RoyceValue
SJW Group
SPX
SabineRoyalty
SafeBulkersPfdC
SafeBulkersPfdD
SanJuanBasin
SchwabC
SelectMedical
SensataTech
SherwinWilliams
SimpsonMfg
SiteOneLandscape
SmithAO
SolarisOilfield
SourceCap
SpecialOpFd
SpiritAeroSys
StandexInt
Stantec
Statoil
StellusCap5.75Nt22
Steris
SummitMaterials
SuncorEnergy
SutherlandAsset
SutherlandNts23
SynovusFin
Systemax
TCF Fin PfdC
TPGPaceWt
AveryDennison
BEST
BRT Apartments
BWX Tech
BadgerMeter
BancoMacro
BancorpSouth
BankofAmPfdL
BankofAmPfdY
BankofButterfield
BaringsGlbShtDurHY
BarnesGroup
BeazerHomes
Belden
BerkHathwy A
BerkHathwy B
BerkshireHills
BlkRkCapEnIncoFd
BlckRkEnDivTr
BlackRock
BlkRkDurInco Tr
BlkRkMultiIT
BoiseCascade
BorgWarner
BoulderGrowth
BrightHorizons
BrightScholarEduc
Brink's
Bristol-Myers
BroadridgeFinl
BrookfieldMgt
BrookfieldDTLAPf
Brown&Brown
BylineBancorp
CACI Intl
CBIZ
CRH
CSS Industries
CVR Energy
CallawayGolf
CampingWorld
CanPacRlwy
CantelMedical
CarMax
CarpenterTech
Carters
CatchMarkTimber
Caterpillar
ChesapeakeLodging
ChimeraFixFltPfdB
Citigroup
CityOfficeREIT
Colfax
ColonyNorthPfdJ
Comerica
ComericaWt
CostamarePfdB
CostamarePfdC
CostamarePfdD
Dana
DarlingIngred
DE InvDivInco
AZZ
AmCampus
AquaVenture
ArlingtonAsset
AvonProducts
BrookdaleSrLiving
CONE Midstream
CheetahMobile
ChinaMobile
CobaltIntlEner
ColonyNorthStar
Corts JCPen JBR
EducationRealty
FortBrandsHome MiXTelematics
FullerHB
ModelN
GP Strategies
ModineMfg
GabelliDividend Monsanto
GabelliEquity
Moody's
GabelliGlbSmall&MC Moog A
GabelliMultPfdE MS EmMktDebtFd
MorganStanleyPfdK
Gallagher
GardnerDenver MyersIndustries
GasLogPtrsPfdA MyovantSciences
GenAmInv
NVR
GeneralDynamics NatlRetailPropPfdF
GeneralMotors NavistarIntl
GeneralMotorsWt19 Navistar pfD
GeorgiaPwrNt77 NewAmFd
GlMedREIT PfdA NewGermanyFund
NewparkResources
Graco
GrayTelevision NobleMidstream
GreenDot
Norbord
GpoSupervielle NorfolkSouthern
Guess
NortelInversora
NorthropGrumman
HFF
HP
NuvEMDebt2022
HSBCPfd
NuvTaxAdvTR
Haemonetic
NuvTaxAdDivGr
HalyardHealth
OasisMidstream
HamiltonBeach OilDriAmerica
Harris
Olin
Harsco
OmnovaSol
HavertyFurn A
OrmatTech
HavertyFurn
Oshkosh
Heico
OwensCorning
HewlettPackard Owens-Illinois
Hillenbrand
PGT Innovations
HiltonGrandVac PNC Fin
Hilton
PNC Fin Wt
PSBusParksPfdX
HollyFrontier
PebblebrookHotel
HomeDepot
DR Horton
PembinaPipeline
HubSpot
Phillips66
HuntingtonIngalls PlanetFitness
HyattHotels
PolarisIndustries
HysterYaleMatls Praxair
ITT
PrefApartment
IDEX
ProtoLabs
IndependenceHldg PublicStoragePfdG
IndustrsBachoco PulteGroup
InstalledBldg
PureStorage
IntegerHoldings Q2Holdings
ICE
QuanexBldg
IntlFlavors
RPC
IntrepidPotash RYBEducation
JELD-WEN
Raytheon
JPMorganChase RedHat
JPMorganWt
RenaissancePfdC
ResourceCapPfdB
JapanSmlCap
JohnBeanTech Rexnord
KAR Auction
RexnordPfdA
KB Home
Rockwell
KKR
Rogers
KKR Pfd B
Rollins
KKR IncomeOpps
NEW LOWS
EnvisionHlthcr KoreaElcPwr
FT SrFR2022
Kroger
FivePoint
LSC Comm
FlotekIndustries McEwenMining
ForestarWi
MolsonCoors B
GabelliMultPfdE MolsonCoors A
GeorgiaPwrNt77 MuleSoft
HCP
NaturalGrocers
HamiltonBeach NewellBrands
HorizonTechNt19 NuvEMDebt2022
KCAP Nts
OFGBancorpPfA
Kellogg
ParkerDrilling
TPG Pace
TeekayLNG PfdA
TeekayOffshrPfB
Telaria
Teleflex
Teradata
Teradyne
Terex
TexasPacLand
Textron
ThaiFund
ThorIndustries
TierReit
TimeWarner
Toll Bros
TopBuild
Torchmark
TorontoDomBk
TransportadGas
Trex
Tri-Continental
TrinityIndustries
TsakosEngyNavPfdE
TwoHarborsPfdB
UMHPropPfdC
Unifi
Unifirst
UnionPacific
UnitedRentals
UnumGroup
UrstadtBiddlePfdH
VailResorts
ValeroEnergy
VersumMaterials
Viad
VirtusGlbMulti
Vishay
VishayPrecision
Visteon
VoceraComm
Vonage
VoyaGlbAdvantage
VoyaGlbEquityDiv
WABCO
W&T Offshore
WasteMgt
Watsco B
Watsco
Welbilt
WstAstIncoFd
WstAstClymrInfS
WestlakeChem
Westwood
Winnebago
WolverineWwide
Workiva
WW Ent
XAIOctagonFR
XPO Logistics
XeniaHotels
Xylem
RYBEducation
ReneSola
RiteAid
Satrn JCPen
Scana
ScorpioTankNt17
THLCreditNts21
TPGPace
UnderArmour C
WestarEnergy
XAIOctagonFR
XeriumTech
DOW JONES AVERAGES-September 2017
30 Industrials
High
Low
Close
1
5
6
7
8
11
12
13
14
15
18
19
20
21
22
25
26
27
28
29
22111.56
22009.66
21955.64
21958.91
21939.77
22150.57
22280.53
22261.46
22307.18
22377.73
22441.13
22493.70
22521.01
22497.46
22456.42
22459.42
22451.46
22481.48
22466.34
22473.05
21876.08
21648.45
21683.12
21622.11
21632.78
21857.83
21959.50
21999.12
22045.88
22105.43
22201.70
22235.40
22222.97
22268.62
22212.34
22145.92
22218.60
22182.14
22211.85
22251.75
21987.56
21753.31
21807.64
21784.78
21797.79
22057.37
22118.86
22158.18
22203.48
22268.34
22331.35
22370.80
22412.59
22359.23
22349.59
22296.09
22284.32
22340.71
22381.20
22405.09
High 22412.59
Low 21753.31
High
20 Transport Cos
Low
Close
9429.12
9377.92
9394.46
9412.15
9423.21
9528.19
9584.72
9573.30
9598.06
9583.29
9601.84
9583.07
9694.94
9738.95
9754.30
9761.18
9830.38
9892.24
9934.70
9968.17
9311.31
9221.89
9196.43
9270.29
9278.30
9381.24
9459.76
9454.52
9446.48
9427.41
9473.86
9462.50
9501.42
9582.25
9619.13
9626.96
9677.12
9751.83
9802.33
9854.56
9356.02
9267.39
9310.15
9346.03
9383.74
9483.69
9544.55
9531.05
9509.77
9546.25
9514.64
9507.08
9654.37
9668.99
9704.38
9715.10
9779.85
9841.99
9886.82
9914.35
High 9914.35
Low 9267.39
High
745.63
744.14
745.02
746.45
748.84
755.54
754.23
743.30
745.79
749.06
747.09
740.82
740.08
735.99
733.53
733.48
734.69
730.05
725.67
726.46
15 Utilities
Low
Close
738.29
737.66
737.09
738.24
739.62
745.46
737.93
737.18
735.92
742.06
733.08
734.72
728.04
728.91
725.52
725.17
728.76
718.22
715.83
720.01
740.95
742.81
738.50
743.91
746.94
754.80
742.12
738.71
745.03
746.25
738.71
736.69
731.61
730.78
726.63
732.40
731.67
722.22
723.79
723.60
High
Low
754.80
722.22
Sales
–000–
648,777
906,893
813,244
786,500
801,063
794,832
767,175
822,953
854,971
2,162,113
821,221
808,897
836,697
725,732
721,857
841,834
737,431
835,127
766,908
935,650
Corp
Bonds
378.50
380.54
379.04
380.21
379.78
378.46
377.80
377.85
378.38
378.64
378.38
378.72
378.34
378.49
378.63
379.96
379.78
378.19
378.91
379.42
High 380.54
Low 377.80
M42
BARRON’S
October 2, 2017
Market Laboratory
CBOE PUT/CALL RATIO vs S&P 100
MONEY RATES
13/4
41/4
41/4
Fed Funds Rate
Avg effective offer
Avg weekly auction-c
14/57
1.16
19/53
1.16
1
/3
0.40
1.067
1.050
1.193
1.170
1.02
1.062
1.045
1.204
1.180
1.03
0.254
0.250
0.427
0.420
0.24
3
3
1.22
1.25
1.35
1.48
1.22
1.25
1.35
1.48
0.45
0.58
0.83
1.23
-0.329
-0.273
-0.172
-0.329
-0.271
-0.171
-0.301
-0.203
-0.064
Broker Call Rate
Bankers Acceptances
1 month
2 months
3 months
6 months
Euribor Interbank Rate
3 months
6 months
12 months
1
31/2
S&P 100
Country
CBOE
0.95
2.95
S&P 100
0.85
2.45
CBOE
1.95
0.75
1.45
0.65
2 1/4
Libor Interbank Rate
1 month
3 months
6 months
12 months
1.23
1.33
1.51
1.78
1.24
1.33
1.50
1.78
0.53
0.85
1.24
1.55
Foreign Prime Rates
Canada
Germany
Japan
Switzerland
Britain
3.20
0.00
1.475
0.50
0.25
3.20
0.00
1.475
0.50
0.25
2.70
0.00
1.475
0.50
0.25
3.43
0.12
0.08
0.23
0.40
0.58
0.99
3.42
0.12
0.08
0.23
0.40
0.58
0.99
2.85
0.11
0.07
0.19
0.31
0.49
0.81
0.10
0.10
0.10
Other Money Rates
Fannie Mae Home Loan:
30-Year Fixed Conv
Bank money market-z
Interest Checking-z
6-Month Certif-z
12-Month Certif-z
30 Month Accounts-z
5-Year Certificates-z
U.S. Savings EE Bonds:
Long-Term (5yrs+)
The New York foreign exchange mid-range rates are quoted at 5
p.m. Eastern time by Tullett Prebon. Retail transactions provide fewer units of foreign currency per dollar.
s
13/4
Prime Rate (base)
FOREIGN EXCHANGE
0.55
0.45
O
N
D
J
F
M
A
M
J
J
A
0.45
S
Source: CBOE
INVESTOR SENTIMENT READINGS
High bullish readings in the Consensus stock index or in the
Market Vane stock index usually are signs of Market tops; low
ones, market bottoms.
Last
Week
2 Weeks
Ago
3 Weeks
Ago
Consensus Index
Consensus Bullish Sentiment
69%
70%
70%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441. editor@consensus-inc.com
AAII Index
c-Annualized yields, adjusted for constant maturity, reported by
the Federal Reserve on a weekly average basis.
Sources: Tullett Prebon information, Ltd.
SIX Financial Information. z-Bankrate.com.
Foreign
Foreign
Currency Currency
in U.S.$
in U.S.$
Fri. Last Fri.
Argentina (Peso)-y
Australia (Dollar)
Bahrain (Dinar)
Brazil (Real)
Bulgaria (Lev)
Canada (Dollar)
Chile (Peso)
China (Renminbi)
Colombia (Peso)
Croatia (Kuna)
Czech. Rep. (Koruna)
Commercial rate
0.95
Bullish
Bearish
Neutral
33.3%
28.7
37.9
40.1%
27.2
32.7
41.3%
22.0
36.7
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Denmark (Krone)
Ecuador (US Dollar)
Egypt (Pound)-y
Hong Kong (Dollar)
Hungary (Forint)
Iceland (Krona)
India (Rupee)
Indonesia (Rupiah)
Israel (Shekel)
Japan (Yen)
Kazakhstan (Tenge)
Kuwait (Dinar)
Macau ( Pataca)
Malaysia (Ringgit)-b
Mexico (Peso)
Floating rate
New Zealand (Dollar)
Norway (Krone)
Oman (Rial)
Pakistan (Rupee)
Peru (new Sol)
Philippines (Peso)
Poland (Zloty)
Qatar (Rial)
Russia (Ruble)-a
Saudi Arabia (Riyal)
Singapore (Dollar)
.0578
.7833
2.6514
.3162
.6041
.8019
.001562
.1507
.0003405
.1576839
…… ..
.04546
.1588
1.0000
.0567
.1280
.003789
.009425
.01532
.0000742
.2830
.008889
.002939
3.3110
.1243
.2368
…… ..
.0548
.7210
.1256
2.5968
.00949
.3063
.01965
.2739
.2691
.01738
.2667
.7366
Bullish Consensus
69%
71%
70%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
TIM Group Market Sentiment
Indicator
49.7%
49.5%
51.7%
Source: TIM Group, 3 Columbus Circle, Suite 1592
New York, NY 10019 (844) 207-1445. timsupport@timgroup.com
Corporate (z)
Municipal (z)
10,681
r14,875
21,659
9,816
r7,406
9,361
Best Grade Bonds-y (Barron's index of 10 high-grade
corporate bonds.)
3.20
3.19
2.91
Interm-Grade Bonds-y (Barron's index of 10
medium-grade corporate bonds.)
4.12
4.10
4.23
Confidence Index (High-grade index divided by intermediate-grade index; decline in latter vs. former generally
indicates rising confidence, pointing to higher stocks.)
77.6
77.7
68.8
Other Confidence Indicators:
Bloomberg Barclays US Long Treasury*(This
index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.)
3452.50
3488.19
3693.39
Bloomberg Barclays US Credit (This index
includes all publicly issued, fixed-rate, non-convertible, investment-grade, dollar-denominated, SEC-registered corporate
debt. All issues have at least one year to maturity and outstanding par value of at least $250 million. Jan. 1, 1973=0.) (v)
2730.40
2728.99
2687.24
Ryan Labs Treasury Index (Index of total return from
active Treasury notes and bonds. Dec. 31, 1996=100.)
273.22
274.09
284.91
17.3130
1.2767
.3772
3.1627
1.6554
1.2471
640.10
6.6366
2936.90
6.34
…… ..
21.999
6.2984
1.0000
17.6425
7.8114
263.94
106.10
65.285
13472
3.5335
112.50
340.30
.3020
8.0443
4.2225
…… ..
18.2542
1.3870
7.9635
.3851
105.410
3.2647
50.888
3.6505
3.7163
57.548
3.7502
1.3576
17.2953
1.2563
.3771
3.1251
1.6377
1.2339
625.50
6.5935
2905.00
6.26
…… ..
21.798
6.2275
1.0000
17.6650
7.8093
259.41
107.52
64.905
13313
3.4929
111.99
341.12
.3017
8.0108
4.1975
…… ..
17.7453
1.3631
7.8004
.3852
105.385
3.2480
50.584
3.5716
3.7087
57.534
3.7505
1.3458
Country
.0738
.0755
13.5566
13.2508
.0008731
.0008825
1145.30
1133.12
.0065
.0065
153.0800
152.7600
.1228
.1253
8.1465
7.9798
1.0331
1.0318
.9680
.9692
.03297
.03313
30.330
30.182
.03000
.03023
33.330
33.080
.2806
.2860
3.5637
3.4962
.0376
.0380
26.5875
26.2850
1.3399
1.3495
.7463
.7410
…… ..
…… ..
…… ..
…… ..
Financial
.03427
.03466
29.180
28.850
.098465
.100150
10.16
9.99
Venezuela (Bolivar)
---1.1814
1.1948
.8465
.8370
Euro
Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
British, and Japanese currencies. Source: International Monetary Fund.
a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
2005. y-floating rate.
South Africa (Rand)
South Korea (Won)
Sri Lanka (Rupee)
Sweden (Krona)
Switzerland (Franc)
Taiwan (Dollar)
Thailand (Baht)
Turkey (New Lira)-d
Ukraine (Hryvnia)
U.K. (Pound)
Uruguay (Peso)
ARMS INDEX
The Arms index, also known as the short term trading index, is a number
derived by dividing one quotient into another quotient. The numerator in
the index is the number of advancing stocks divided by the number of
declining stocks. As of 3/14/11, the denominator in the index is now the
compositevolumeofadvancingstocksdividedbythecompositevolumeof
declining stocks.
Daily
NYSE
NYSE American
Nasdaq
9/25
9/26
9/27
9/28
9/29
.93
.73
1.14
1.16
.91
1.23
.84
.91
.90
1.23
.58
1.12
1.16
.66
.55
BARRON'S GOLD MINING INDEX
12-Month
High
Low
9/28
Year
Ago
9/21
Week %
Chg.
567.38 443.06 Gold mining 499.80 493.41 543.86 +1.30
GOLD & SILVER PRICES
FEDERAL RESERVE DATA BANK
Member Bank
Reserve Chgs. (Mil. $)
Prev.
Week
Change
Latest
Week
Year
Ago
Change
One week ended Sep 27:
U.S. Gov't securities:
4,247,195
-1,092 +
14,619
6,757
....
-13,735
Float
Other F.R. Assets
Total Fed Credit #
Gold stock
SDR Certif. Accounts
Treas. Curr. Outst.
Total
Currency in circ
Treas. Cash Hldgs
Treas. Fed Deposits
Foreign Fed Deposits
Other Fed Deposits
Other FR liab/cap
Total factors
Reserves F.R. banks
7
....
226
-307
26,507
4,423,774
11,041
5,200
49,162
4,510,482
1,578,950
187
164,652
5,195
93,192
47,913
2,297,773
2,212,709
-24
....
5
-40
405
-1,036
....
....
14
-1,171
-721
12
36,870
29
8,033
97
78,922
-80,092
-2
....
10
81
-1,563
-791
....
....
810
-213
110,588
63
-187,048
30
31,948
1,006
-81,130
80,917
Fgn hold U.S. debt
3,371,865
Bought outright
Yr Ago
Week
New Offerings, (mil $) (v)
.0578
.7960
2.6516
.3200
.6106
.8105
.001599
.1517
.0003442
.1596526
…… ..
.04588
.1606
1.0000
.0566
.1281
.003855
.009301
.01541
.0000751
.2863
.008929
.002932
3.3141
.1248
.2382
…… ..
.0564
.7336
.1282
2.5963
.00949
.3079
.01977
.2800
.2696
.01738
.2666
.7431
Federal agency secur:
WEEKLY BOND STATISTICS
Prev.
Week
U.S. $ in U.S. $ in
Foreign
Foreign
Currency Currency
Fri. Last Fri.
U.S. $ in U.S. $ in
Foreign
Foreign
Currency Currency
Fri. Last Fri.
Market Vane
Bought outright
Last
Week
Foreign
Foreign
Currency Currency
in U.S.$
in U.S.$
Fri. Last Fri.
Friday, September 29, 2017
Readings in the CBOE equity put-call ratio of 60:100
and in the S&P 100 of 125:100 are considered bullish,
for instance. Bearish signals flash when the equity
put-call level reaches the vicinity of 30:100 and the
index ratio hits 75:100.
Last
Week
Prev.
Week
Yr Ago
Week
Bond Buyer 20 Bond Index (Index of yields of 20
general obligation municipal bonds.)
3.64
3.60
3.06
Bond Buyer Municipal Bond Index (Index of 40
actively-traded tax-exempt bonds; component issues are
changed regularly to keep the index a current picture of the
market. Source: The Bond Buyer
4.04
4.02
3.81
Stock/Bond Yield Gap-s (Difference between yield on
highest-grade corporate bonds and yield on stocks on the DJIA.)
–.92
–.91
–.41
Yield on DJ Equal Weight US Corp Bond Idx:
Corp Bonds, (y)
2.97
3.00
2.57
v-Week ended Thursday. y-Yield to maturity, week ended Thursday.
z-Source: Thomson Reuters.*Barclays T-Bond Index discontinued
by firm.
Latest
Monthly Money Supply
Month ended August
M1
M2
Total Reserves:
Prev. Yr. Ago YOY % Chg
Week ended September 18
M1
3,540.3 r3,576.7 3,306.6
M2
13,680.6 r13,694.4 13,088.6
Two Weeks ended September 13
M1 Multiplier (St. Louis Fed)
0.892 0.913 0.848
3,564.2 3,528.1 3,317.2
13,649.7 13,602.2 13,008.2
Primary Credit
Secondary Credit
Seasonal Credit
Reserve Aggr (Mil. $ sa)
Two Wks Ended Sep 27:
MONEY SUPPLY
Money Supply (Bil. $ seas. adj.)
Reserve bank credit:
7.07
4.52
5.19
7.45
4.93
Nonborrowed Res #
Required Res ##
Excess Reserves:
Borrowed Reserves
Free Reserves ###
Monetary Base
Latest
Wk.
2,316,411
2,316,169
194,652
2,121,759
243
2,121,516
3,832,066
+
+
+
+
+
+
+
+
+
Prev.
Week
2,422,417
2,422,205
173,938
2,248,479
213
2,248,266
3,939,831
+
+
+
+
+
+
+
+
+
Handy & Harman
Gold, troy ounce
Silver, troy ounce
Year
Ago
1283.10
16.77
1294.80
16.97
1322.50
19.34
1333.70
1346.52
1554.19
1260.01
1346.52
1346.52
Krugerrand
Maple Leaf
Mexican Peso
Austria Crown
Austria Phil
U.S. Eagles
51.30
64.12
8.00
3.00
64.12
64.12
4.00
5.00
0.52
0.24
5.00
5.00
Premium is the amount over the value of the gold content in the
coin. Source Manfra, Tordella & Brookes, Inc.
Bullion spot gold price 1282.40
GOLD PERFORMANCE
Gold For Sale: Falling 0.9% last week—
from $1,295 an ounce, to $1,283—gold
was no match for a strong dollar.
20
Barron's Gold Mining Index (499.80)
10
Year
Ago
2,249,393
2,249,163
176,682
2,072,711
230
2,072,481
3,656,518
# Fed supply of permanent reserves provided.
## Demand for reserves to back deposits.
### Free reserves equal excess reserves minus discount window borrowings other than extended credit. Free reserves are shorthand method
of determining the degree of ease of Fed policy, or when they are negative
net borrowed reserves, tightness.
9/22
Base for pricing gold and silver contents of shipments and for
making refining settlement.
Price
Premium Premium
Coins
$
%
-4,490 + 228,357
Wk. %
Chg.
-4.38
-4.38
11.91
-5.64
14.08
-5.64
-2.74
9/29
s
Yr Ago
Discount Rate (NY)
T-Bills Rate
13 weeks, Coupon Yield
13 weeks, Auction Rate
26 weeks, Coupon Yield
26 weeks, Auction Rate
Avg weekly auction-c
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Prev.
Week
s
Latest
Week
0
-10
s
Handy & Harman Gold Price
-20
O
N
D
J
F
M
A
M
J
J
A
S
October 2, 2017
BARRON’S
M43
Market Laboratory
STOCK SPLITS/DIVIDENDS
Company Name-Ticker Symbol (Exchange)
Record
Date
Amount
Ex-Dividend
Date
Payment
Date
WEEK'S DIVIDEND PAYMENT
WEEK'S EX-DIVIDEND DATES
This list includes payouts on common stocks.
This list includes payouts on common stocks.
None
NYSE
SPECIAL DIVIDENDS
Company Name-Ticker Symbol (Exchange)
Record
Date
Amount
Sanderson Farms-SAFM (Nasdaq)......................................................
1.00
10-03
Ex-Dividend
Date
Payment
Date
10-02
10-17
DIVIDEND PAYMENT REDUCTIONS
Adjusted
Yield Period To
Company Name-Ticker Symbol (Exchange)
Hollysys Automation Techs-HOLI (Nasdaq) .......
0.6
A
.12
From
%
Decrease
Record
Date
Ex-Div
Date
Payment
Date
.20
-40.0 %
10-16
10-13
11-06
DIVIDEND PAYMENT BOOSTS
Adjusted
Yield Period To
Company Name-Ticker Symbol (Exchange)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Accenture Cl A-ACN (NYSE) ...................................
American Express-AXP (NYSE) .............................
Avianca Holdings ADR-AVH (NYSE).....................
Bank of South Carolina-BKSC (NCM ) ...................
DHX Media Var Voting-DHXM (Nasdaq) ................
Hingham Institution Savs-HIFS (Nasdaq).............
Lockheed Martin-LMT (NYSE)................................
Masco Corp-MAS (NYSE) ........................................
Mobile TeleSystems ADR-MBT (NYSE)................
OGE Energy-OGE (NYSE) ........................................
SYNNEX-SNX (NYSE)...............................................
Teletech Holdings-TTEC (Nasdaq) .........................
Trinseo S.A.-TSE (NYSE) .........................................
Utd Security Bancshares-UBFO (Nasdaq) ............
2.0
1.5
1.4
3.1
1.5
0.7
2.6
1.1
6.8
3.7
0.9
1.2
2.1
2.9
S
Q
A
Q
Q
Q
Q
Q
S
Q
Q
S
Q
Q
From
1.33
.35
.104899
.15
.016166
.34
2.00
.105
.357508
.3325
.30
.25
.36
.07
1.21
.32
.102959
.14
.015166
.32
1.82
.10
.259809
.3025
.25
.22
.30
.05
%
Increase
Record
Date
Ex-Div
Date
Payment
Date
9.9 %
9.4
1.9
7.1
5.3
6.3
9.9
5.0
37.6
9.9
20.0
13.6
20.0
40.0
10-19
10-06
10-24
10-10
10-13
10-09
12-01
10-13
10-13
10-10
10-13
10-05
10-10
10-10
10-18
10-05
10-23
10-06
10-12
10-05
11-30
10-12
10-12
10-06
10-12
10-04
10-06
10-06
11-15
11-10
11-13
10-31
10-25
10-18
12-29
11-13
10-30
10-27
10-17
10-24
10-19
QUARTERLY DOW JONES INDUSTRIAL AVERAGE
This table lists the earnings of the Dow Jones Industrial Average component stocks based upon generally accepted
accounting principles. Earnings include discontinued and nonrecurring items but exclude extraordinary items and
accounting changes as reported by the company and adjusted by the Dow Divisor in effect at quarter-end. The total
dividends of the component stocks are based upon the record date and adjusted by the Dow Divisor in effect at quarter end. The payout ratio is the latest 12-months dividends divided by the latest 12-months earnings. r- Revised to
correct Microsofts Q4 earnings released on Jan. 24, 2013.
Year
Ended
2017
2016
2015
2014
2013
2012
2011
Quarter
Ended
Sep. 29
June 30
Mar. 31
Dec. 30
Sep. 30
June 30
Mar. 31
Dec. 31
Sep. 30
June 30
Mar. 31
Dec. 31
Sep. 30
June 30
Mar. 31
Dec. 31
Sept.30
June 28
Mar. 29
Dec. 31
Sept.28
June 29
Mar. 30
Dec. 30
Sept.30
June 30
Mar. 31
Clos.
Avg.
22405.09
21349.63
20663.22
19762.60
18308.15
17929.99
17685.09
17425.03
16284.70
17619.51
17776.12
17823.07
17042.90
16826.60
16457.66
16576.66
15129.67
14909.60
14578.54
13104.14
13437.13
12880.09
13212.04
12217.56
10913.38
12414.34
12319.73
Qtrly
Chg.
+ 1055.46
+ 686.41
+ 900.62
+ 1454.45
+ 378.16
+ 244.90
+ 260.06
+ 1140.33
—1334.81
— 156.61
— 46.95
+ 780.17
+ 216.30
+ 368.94
— 119.00
+ 1446.99
+ 220.07
+ 331.06
+ 1474.40
— 332.99
+ 557.04
— 331.95
+ 994.48
+ 1304.18
—1500.96
+ 94.61
+ 742.22
%
Chg.
Qtrly
Earns
+ 4.94
NA
+ 3.32 285.30
+ 4.56 271.19
+ 7.94 281.67
+ 2.11 267.63
+ 1.38 224.69
+ 1.49 225.45
+ 7.00 220.24
— 7.58 248.00
— 0.88 236.96
— 0.26 271.32
+ 4.58 287.51
+ 1.29 244.87
+ 2.24 290.08
— 0.72 256.62
+ 9.56 351.92
+ 1.48 411.07
+ 2.27 266.71
+ 11.25 270.01
— 2.48 r224.93
+ 4.32
214.8
— 2.51 223.87
+ 8.14 237.42
+ 11.95 209.34
—12.09
233.1
+ 0.77 223.64
+ 6.41 227.35
12-Mo.
Earns
NA
1105.79
1045.18
999.44
938.01
918.38
930.65
976.52
1043.79
1040.66
1093.78
1079.08
1143.49
1309.69
1286.32
1299.71
1172.72
976.45
933.61
r901.02
885.43
903.73
903.5
893.44
924.16
896.31
878.69
P/E
Ratio
NA
19.3
19.8
19.8
19.5
19.5
19.0
17.8
15.6
16.9
16.3
16.5
14.9
12.8
12.8
12.8
12.9
15.3
15.6
14.5
15.2
14.3
14.6
13.7
11.8
13.9
14
Qtrly
Divs
12-Mo.
Divs
Divs
Yield
Payout
Ratio
133.64 513.11 2.29
NA
127.17 501.78 2.35 0.4538
128.21 491.83 2.38 0.4706
124.14 477.84 2.42 0.4781
122.31 469.46 2.56 0.5005
r117.17 r455.24 r2.54 0.4895
r114.22 r450.23 r2.55 0.4808
115.76 439.66 2.52 0.4502
108.09 429.37 2.64 0.4114
112.16 417.57 2.37 0.4013
103.65 400.61 2.25 0.3663
105.47 388.90 2.18 0.3604
96.29 376.85 2.21 0.3296
95.20 366.21 2.18 0.2796
91.94 365.40 2.22 0.2841
93.42
360.1 2.17 0.2771
85.65 364.39 2.41 0.3107
94.39 365.59 2.45 0.3744
86.64 357.86 2.45 0.3833
97.71 353.97 2.70 r0.3929
86.85 342.16 2.55 0.3864
86.67 334.61 2.60 0.3734
82.74 326.87 2.47 0.3618
85.9 318.37 2.61 0.3563
79.3 307.89 2.82 0.3332
78.93 300.06 2.42 0.3348
74.24 292.19 2.37 0.3325
NYSE
Thursday
Monday
(October 2)
Aaron's Inc
.028
Albemarle
.32
Allstate
.37
Avangrid
.432
Banc of California
.13
BancorpSouth
.14
Baxter International
.16
Briggs & Stratton
.14
Brown-Forman Cl A
.182
Brown-Forman Cl B
.182
Caleres
.07
Coach
.338
Coca-Cola
.37
Eastman Chemical
.51
Entergy5.5%Bds1/1/66 .344
FedEx
.50
First Horizon National .09
Genuine Parts
.675
H & R Block
.24
Hartford Financial
.23
Heritage Insurance
.06
ITT
.128
Ladder Capital Cl A
.30
Macy's Inc
.378
McKesson
.34
MidSouth Bancorp
.01
New Jersey Resources .272
NewMarket Corp
1.75
Nike Cl B
.18
PPL Corp
.395
Prosperity Bancshares .34
Schneider National
.05
Synovus Financial
.15
TEGNA
.07
(October 5)
TELUS Corp.
.388
Chesapeake Utilities .325
Total System Services .13
Dr Pepper Snapple Gp .58
Viad Corp
.10
Euronav
.06
Westar Energy
.40
Graphic Packaging
.075
Westwood
.62
Kaman
.20
XL Group
.22
Kennedy-Wilson Hldgs .17
MarriottVacations
.35
(October 3)
PolyOne
.135
British Amer Tobacco .738 Prudential ADR
.377
Broadridge Finl Sol
.365 Tupperware Brands
.68
CSRA
.10
Fluor
.21
(October 6)
Gazit-Globe
.099
Advance Auto Parts
.06
KAR Auction Services .32
Air Lease
.075
Kimberly-Clark
.97
Albany Intl
.17
Landauer
.275
China Petroleum ADR 1.511
Myers Industries
.135
Convergys Corp
.10
Nabors Industries
.06
Covanta Holding
.25
PulteGroup
.09
DineEquity
.97
Restaurant Brands Intl .20
ENI ADR
.959
Rogers Commun
.377
Flowserve Corp
.19
South Jersey Indus
.272
InterContinental Htls
.33
Spire
.525
Intl Flavors & Fragrances.69
U.S. Silica Holdings
.062
Merck
.47
Valley National Bancorp .11
New Oriental Edu ADR .45
No Amer Engy Ptnrs
.016
(October 4)
Belden
.05
(October 7)
Hewlett Packard Ent
.065
NONE
HP
.133
Kansas City Southern
.36
NONE
WR Berkley
.14 (October 8)
Tuesday
Friday
Wednesday
Saturday
Sunday
Tuesday
(October 3)
Banco Bradesco Ord
Gap Inc
New York Times
.006
.23
.04
Wednesday
(October 4)
ABM Industries
.17
American Vanguard
.015
Invacare Corp
.012
Legg Mason
.28
Simpson Manufacturing .21
Superior Industries
.09
(October 6)
Wabash National
.06
Air Products &Chemicals.95
Brady Cl A
.208
Darden Restaurants
.63
(October 5)
.26
American Eagle Outfit .125 Dollar General
.19
American Express
.35 Ethan Allen
Barnes & Noble
.15 General Mills
.49
Friday
Thursday
NASDAQ
Thursday
Tuesday
(October 3)
Comcast Cl A
CVB Financial
HopFed Bancorp
Investar Holding
Kearny Financial
.158
.14
.05
.03
.12
Wednesday
(October 2)
Chemung Financial
.26
Communications Sys .04
Farmers Capital Bank
.10
Financial Institutions
.21
First Citizens Bcshs Cl A .30
First Fincl Bankshares .19
First Finl Bancorp OH
.17
Hamilton Lane Cl A
.175
Heartland Express
.02
Huntington Bancshares .08
Meta Financial Group
.13
MTS Systems
.30
Popular Inc.
.25
Simmons First Natl Cl A .25
State National
.06
Stock Yards Bancorp
.20
Trustco Bank
.066
UMB Financial
.255
United Bankshares WV .33
Univest Corp of PA
.20
Viacom A
.20
Viacom B
WesBanco
.20
.26
(October 5)
CM Finance
.25
(October 3)
CONMED
.20
Altra Industrial Motion .17 Quarterhill
.01
Brocade Comms Sys .055 Skywest
.08
Children's Place
.40 Utd Community Banks .10
Meridian Bancorp
.04
Omega Flex
.22
QAD Cl A
.072 (October 6)
QAD Cl B
.06 Beasley Broadcast Cl A .045
Utah Medical Products .265 FirstService
.122
Flexsteel Industries
.22
Hawkins
.44
(October 4)
.32
ARK Restaurants
.25 Independent Bank
.045
Blue Hills Bancorp
.15 National Amer Uni
Tuesday
Financial Engines
Golar LNG
J & J Snack Foods
Lam Research
Mercer International
QCR Holdings
Seagate Technology
.07
.05
.42
.45
.115
.05
.63
Saturday
(October 7)
NONE
(October 4)
NONE
NONE
Tuesday
Thursday
(October 7)
(October 3)
Evans Bancorp
NONE
Intuit
.39
Marvell Tech Group
.06
Utd Security Bancshares .07
Saturday
(October 7)
NONE
Sunday
(October 8)
NONE
(October 9)
.25 NONE
(October 7)
Wednesday
Friday
(October 8)
(October 4)
NONE
(October 6)
NONE
August
2017
September
2016
(October 9)
NYSE
Cabela's (CAB)
OneBeacon Insurance Group (OB)
NYSE American
Supreme Industries (STS)
Versar (VSR)
NAME CHANGES
NYSE
Price of 30 Indus
22173.41
21914.08
18267.40
Price of 20 Trans
9573.31
9208.83
7913.28
736.91
738.16
676.40
3.13
3.09
2.93
Monthly Range of Averages
None
Nasdaq
None
NEW LISTINGS
NYSE
PQ Group Holdings (PQG)
RYB Education (RYB)
(f)High
(f)Low
(a)Shares
traded
30 Indus
22412.59
21753.31
5,988,038.0
None
20 Trans
9914.35
9267.39
1,095,903.3
Nasdaq
754.80
722.22
781,617.2
7711.12
7476.16
7,865,558.6
(a) 000 omitted. (f) High and low for month of daily closing
averages..
NYSE American
Deciphera Pharmaceuticals (DCPH)
Nightstar Therapeutics (NITE)
NuCana (NCNA)
Roku (ROKU)
NONE
Monday
TRADING SUSPENDED
NYSE American
September
2017
NONE
Sunday
Telaria (TLRA), formerly Tremor Video (TRMR)
Monthly Dow Comparison
65 Stocks
(October 9)
NONE
(October 5)
NONE
NONE
THE STATISTICAL RECORD
15 Util
Monday
NYSE American
Saturday
Thursday
Sunday
(October 8)
Best-Grade Bond Yield
(October 8)
NONE
Saturday
(October 5)
.40 NONE
Price of 15 Util
Sunday
FalconStor Software (FALC)
Perfumania Holdings (PERF)
Sevcon (SEV)
ShoreTel (SHOR)
Stonegate Bank (SGBK)
(October 8)
NONE
(October 2)
NONE
(October 7)
NONE
Nasdaq
Sunday
NYSE American
Friday
Wednesday
Monday
Saturday
(October 3)
NONE
Friday
Wednesday
Lincoln National
.29
Marsh & McLennan .375
McCormick & Co
.47
McCormick Vtg
.47
OGE Energy
.332
Trinseo S.A.
.36
Universal Corp
.54
VerizonCommunications .59
WGL Holdings
.51
Monday
Friday
Tuesday
Thursday
(October 5)
Encore Wire
.02
Gentex
.10
Hingham Institution Savs.34
Horizon Bancorp
.13
Limoneira
.055
NetApp
.20
Preferred Bank LA
.20
Royal Gold
.24
WPP ADR
1.453
(October 4)
Cisco Systems
.29
Erie Indemnity Cl A
.782
Sun Hydraulics
.09
Teletech Holdings
.25 (October 6)
Village Super Market Cl A .25 Banner
NASDAQ
Monday
Bristol-Myers
.39
Curtiss-Wright
.15
Eagle Materials
.10
Genl Dynamics
.84
JPMorgan Chase
.56
Mastercard
.22
Monsanto
.54
Roper Technologies
.35
Smith & Nephew ADR .246
Sysco Corp
.33
Torchmark
.15
Toronto-Dominion Bank .48
NONE
M44
X
W
L
C
10
11
12
H
G
B
P
BARRON’S
4
8
3
F
A
M
6
7
9
0
October 2, 2017
I
Congratulations to the winners of the 2017 Invest in Others Awards!
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Thank you for going above and beyond every day to give back and make a difference in your communities.
Mark Anselmo
Jody C. D’Agostini
Thomas E. Reilly, Jr.
Anselmo Investment Management
The Falcon Financial Group
Birch Hill Investment Advisors LLC
Merrill Lynch
Equity Concepts
Cambridge Investment Research, Inc.
AXA Advisors, LLC
Charles Schwab and Fidelity
Volunteer of the Year Award
Cambridge Investment Research, Inc.
Lifetime Achievement Award
Catalyst Award
Community Service Award
Los Angelitos de Encinitas Inc.
Global Community Impact Award
Our Nicholas Foundation
Community in Crisis
Crossroads
Corporate Philanthropy Award – Financial Institutions
Bill Sparks
Michael Thaler
Effective Ministries, Inc. (EMI)
Corporate Philanthropy Award – Advisory Firms
Do you know a financial advisor who has made a difference by giving back to a non-profit?
Nominate them for the 2018 Invest in Others Awards and they could win up to $25,000 for their charity!
Invest in Others provides a platform for financial advisors to increase awareness, visibility, and funding to their favorite non-profits. By recognizing individuals and firms for giving back to their
communities, we encourage others to get involved, channel additional resources to those in need, and demonstrate the generosity of the financial advice industry.
Helping Financial Advisors Compound Their Investment in Others
investinothers.org
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
TOP
BARRON’S
•
SPECIAL ADVERTISING SECTION
A SPECIAL AD SECTION
ADVISORS. BEST
PRACTICES.
S1
S2
BARRON’S
•
SPECIAL ADVERTISING SECTION
October 2, 2017
LETTER FROM THE EDITOR
What It Takes To Be A “Barron’s Advisor”
B
arron’s began ranking financial advisors in 2004 with the goal of shining a spotlight on the best people in the business. Many stories had been written in the
press over the years about bad financial advisors and the trouble they caused investors. But those stories held little benefit for our readers. What our readers
wanted to know is this: Who are the truly great financial advisors and what are they telling their clients?
That’s the question we’ve tried to answer with our advisor rankings.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
From the outset, the rankings have been a remarkable success. It is now accepted in the industry that the advisors ranked by Barron’s represent the top 1% of their
profession. In fact, it’s become a badge of honor to be called a “Barron’s advisor,” a phrase that’s cropped up informally to describe the folks who make our lists. We
began in 2004 with our first ranking of the nation’s top 100 advisors, working with a small firm called the Winner’s Circle, which we acquired in 2008. We published
our first list of the Top 100 Women Advisors in 2006. A year after that, we published a list of the Top 100 Independent Advisors, meaning the best advisors not affiliated with the big full-service firms like Merrill Lynch, Morgan Stanley, Wells Fargo, or UBS.
One problem with all of these lists: They were dominated by advisors in New York, California, Florida, and a few other places where America’s wealth is concentrated.
We knew that we were missing great advisors in South Carolina, Alaska, Wyoming, and other states with smaller amounts of wealth.
Our solution: the Top 1,000 state-by-state ranking, which we first published in 2009 and which we expanded to 1,200 spots in 2014. This list grants each state a
minimum of six spots and allows proportionately more spots for states with greater assets.
All of our advisor rankings are based on hard numbers: an advisor’s assets under management and annual revenue generated, as well as length of time in the business,
client retention, and philanthropic work. Critically important, we carefully check the regulatory record of each advisor we rank.
Advisors pay a fee to
be listed in this section,
but their participation
has no bearing on their
place in our rankings,
nor does it guarantee
that they will be ranked
in future years.
Every year, readers ask us how to get in touch with specific advisors who are ranked in Barron’s. This special advertising
section, published 10 times a year, is an effort to make that easier. This section allows Barron’s-ranked advisors—and
only Barron’s-ranked advisors—to publish their phone numbers, email addresses, and Website addresses. A link to this
special advertising section can be found on the home page of Barron’s Advisor Center: Barrons.com/AdvisorCenter.
The site, launched in October 2016, is devoted to helping advisors serve their clients better. Advisors pay a fee to be
listed in this section, but their participation has no bearing on their place in our rankings, nor does it guarantee that they
will be ranked in future years. In our advisor rankings, as in all Barron’s journalism, the readers’ interests must come first
and not be subordinated to any commercial considerations.
We want to thank all Barron’s-ranked advisors and their firms for helping us make our rankings successful. We also want
to thank these advisors for setting the highest standards for their profession and for sharing their investing insights on a
regular basis with Barron’s readers.
Jack Otter | Editor
October 2, 2017
BARRON’S
•
SPECIAL ADVERTISING SECTION
S3
Directory of Barron’s-Ranked Financial Advisors
Name
Location/Firm
Phone
Email/Web
Specialities
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
ALABAMA
Mark Mantooth
Merrill Lynch Wealth Mgmt
Huntsville
(256) 650-2441
mark_mantooth@ml.com
fa.ml.com/mantooth_pols
RHUI
981
2
3.5
Robert Runkle
Merrill Lynch Wealth Mgmt
Montgomery
(334) 409-5810
robert_runkle@ml.com
fa.ml.com/robert_runkle
HUFI
1270
2.5
3.8
Robert Bancroft
Morgan Stanley PWM
Scottsdale
(480) 624-5714
robert.bancroft@morganstanleypwm.com
morganstanleypwa.com/bbg
RHU
944
15
25.0
Allan Flader
RBC Wealth Mgmt
Phoenix
(602) 381-5388
allan.flader@rbc.com
fladergroup.com
RHU
636
2.5
5.0
S. Christopher Gale
Merrill Lynch Wealth Mgmt
Scottsdale
(480) 607-8765
schris_gale@ml.com
fa.ml.com/sg_group
RHUFI
773
5
10.0
James Marten
Merrill Lynch Wealth Mgmt
Phoenix
(602) 954-5016
james_marten@ml.com
fa.ml.com/martengroup
RHUFE
1,323
3
5.0
David Stahle
Merrill Lynch Wealth Mgmt
Gilbert
(480) 752-6435
david_stahle@ml.com
fa.ml.com/sbgroupaz
RHUFE
2312
3
5.0
Ruth Transue
Wells Fargo Advisors
Tucson
(520) 529-5932
transuer@wellsfargo.com
ruthtransue.wfadv.com
HU
675
2
4.0
Trevor Wilde
Wilde Wealth Mgmt Group
Scottsdale
(480) 361-6203
trevor@wildewealth.com
wildewealth.com
RH
448
0.72
1.3
UBS Financial Services
Little Rock
(501) 221-5101
hardy.winburn@ubs.com
ubs.com/team/winburn
RHUI
448
2.6
5.0
Anouchka Balog
Morgan Stanley Wealth Mgmt
Laguna Niguel
(949) 365-5306
anouchka.m.balog@morganstanley.com
morganstanleyfa.com/balog
RHU
562
5
10
Jim Berliner
Westmount Asset Management
Los Angeles
(310) 556-2502
jberliner@westmount.com
westmount.com
RHUFEI
2,393
2.75
8.0
Fred Fern
Churchill Management Group
Los Angeles
(323) 937-7110
fredafern@churchillmanagement.com
churchillmanagement.com
RHUI
3,953
0.75
3.0
Gary Fournier
J.P. Morgan Securities
Los Angeles
(213) 553-7410
gary.fournier@jpmorgan.com
jpmorgansecurities.com/thefourniergroup
HUI
1,312
10
25.0
Robert Gallo
Merrill Lynch Wealth Mgmt
Walnut Creek
(925) 945-4823
robert_f_gallo@ml.com
fa.ml.com/gallo_group
RHU
1,495
0.75
2.5
Tracey Gluck
J.P. Morgan Securities
Los Angeles
(310) 201-2610
tracey.gluck@jpmorgan.com
jpmorgansecurities.com/gluckgroup
RHUFI
865
10
15
Eric Gray
Merrill Lynch PBIG
Los Angeles
(310) 407-3797
eric_gray@ml.com
pbig.ml.com/advisor/grayteam.html
HUF
8,542
50
80.0
Philippe Hartl
Merrill Lynch Wealth Mgmt
Century City
(310) 407-3984
philippe_hartl@ml.com
pbig.ml.com/advisor/hartl_team.html
HUF
2,623
30
80.0
Brian Holmes
Signature Estate & Inv Adv
Los Angeles
(310) 712-2326
bholmes@seia.com
seia.com
HUFI
5,490
8
21.0
Peter Huffman
Merrill Lynch Wealth Mgmt
La Jolla
(858) 456-3624
peter_huffman@ml.com
fa.ml.com/huffman_group
RHUFE
696
5
17.5
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
ARIZONA
ARKANSAS
Hardy Winburn V
CALIFORNIA
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
S4
BARRON’S
Name
Location/Firm
Dana Jackson
Graystone Consulting
Menlo Park, Calif.
Richard Jones
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
Email/Web
Specialities
(650) 234-5902
dana.jackson@msgraystone.com
morganstanleypwa.com/jacksoncapitalgroup
HUF
24,920
30
45.0
Merrill Lynch PBIG
Los Angeles
(310) 407-4925
richardb_jones@ml.com
pwa.ml.com/joneszafarigroup
UFE
13,851
50
75.0
John McNamee
Merrill Lynch PBIG
Los Angeles
(310) 407-4824
john_mcnamee@ml.com
pwa.ml.com/mcnameewhite
HUFI
3,917
40
75.0
Elaine Meyers
J.P. Morgan Securities
San Francisco
(415) 315-7801
elaine.meyers@jpmorgan.com
jpmorgansecurities.com/elainemeyers
HU
2,200
45
100
Lon Morton
Morton Capital Management
Calabasas
(818) 591-6205
clientservices@mortoncapital.com
mortoncapital.com
RHUI
1,602
2.7
8.0
George Papadoyannis
Ameriprise Financial
San Mateo
(650) 593-9170
george.x.papadoyannis@ampf.com
papadoyannisandassociates.com
RHU
4,400
2
7.5
Laila Pence
Pence Wealth Mgmt
Newport Beach
(949) 660-8777
laila.pence@lpl.com
pencewealthmanagement.com
RHU
1,358
2
5.0
Darren Pfefferman
Morgan Stanley PWM
San Diego
(858) 597-7754
darren.a.pfefferman@morganstanleypwm.com
morganstanleypwa.com/scottgroupsb
RHUE
1,681
10
25.0
Spuds Powell
Kayne Anderson Rudnick
Los Angeles
(310) 282-7945
spowell@kayne.com
kayne.com
HUFI
11,978
7
15.0
Perry Richards
Merrill Lynch Wealth Mgmt
Beverly Hills
(310) 858-4816
perry_richards@ml.com
fa.ml.com/rh_associates
HUFI
991
5
15.0
Joseph Schirripa
UBS Financial Services
Beverly Hills
(310) 281-3810
joseph.schirripa@ubs.com
ubs.com/team/schirripagroup
RHUI
1,599
3
10.0
Lawrence Smith
UBS Financial Services
Brea
(800) 778-1877
lawrence.smith@ubs.com
ubs.com/team/owp
RHF
644
1.3
2.5
Alan Whitman
Morgan Stanley Wealth Mgmt
Pasadena
(626) 405-9313
alan.whitman@morganstanley.com
morganstanleyfa.com/wr
RHU
2,571
5
15.0
Dale Yahnke
Dowling & Yahnke
San Diego
(858) 509-9500
dale.yahnke@dywealth.com
dywealth.com
HUF
3,223
3
20.0
Michael Yoshikami
Destination Wealth Management
(925) 935-2900
Walnut Creek
michael@destinationwm.com
destinationwm.com
RHU
1,700
2
8.0
Cheryl Young
Morgan Stanley Wealth Mgmt
Los Gatos
(408) 358-0976
cheryl.young@morganstanley.com
morganstanleyfa.com/youngandassociates
RHU
1,225
8
17
Mark R. Brown
LPL Financial Services
Denver
(303) 863-7231
mbrown@brown-tedstrom.com
brown-tedstrom.com
HU
573
7.6
14.4
Shawn Fowler
Morgan Stanley PWM
Denver
(303) 446-3306
shawn.fowler@morganstanley.com
morganstanleypwa.com/shawnfowlermaxwellbull
HUI
2686
33
62.0
G. Bruce Hemmings
Morgan Stanley Wealth Mgmt
Loveland
(970) 776-5501
bruce.hemmings@ms.com
morganstanleyfa.com/hemmingsgroup
RHU
476
2
5.0
Carl Hoover
Merrill Lynch PBIG
Denver
(720) 941-2033
carl_hoover@ml.com
pbig.ml.com/advisor/thehtteam.html
HU
2,457
12
15.0
Joseph Janiczek
Janiczek Wealth Management
Greenwood Village
(303) 721-7000
jjaniczek@janiczek.com
janiczek.com
HU
483
2.5
7.0
Wally Obermeyer
Obermeyer Wood Inv Counsel
Aspen
(970) 925-8747
info@obermeyerwood.com
obermeyerwood.com
RHU
1,560
3
10.0
Mark J. Smith
Raymond James
Greenwood Village
(303) 768-0007
mark.smith@raymondjames.com
mj-smith.com
RH
862
1.6
2.1
Scott Thisted
Merrill Lynch PBIG
Denver
(720) 941-2034
scott_thisted@ml.com
pbig.ml.com/advisor/thehtteam.html
HU
2,457
12
15.0
COLORADO
October 2, 2017
BARRON’S
Name
Location/Firm
Phone
•
SPECIAL ADVERTISING SECTION
S5
Email/Web
Specialities
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
CONNECTICUT
Jim Betzig
Beirne Wealth Consulting
Milford
(203) 701-8606
jbetzig@beirnewealth.com
beirnewealth.com
RHUFI
2,335
2.2
5.5
Peter Chieco
Morgan Stanley Wealth Mgmt
Greenwich
(203) 625-4897
peter.chieco@morganstanley.com
morganstanleyfa.com/thesoundshoregroup
RHUI
1,360
5
15.0
Jeff Erdmann
Merrill Lynch PBIG
Greenwich
(203) 861-5902
jeff_erdmann@ml.com
pbig.ml.com/advisor/erdmanngroup
U
6013
36.7
50.0
Mario Forlini
Merrill Lynch Wealth Mgmt
Greenwich
(203) 861-5930
mario_forlini@ml.com
fa.ml.com/theforlinigroup
HU
779
4
10.0
David E. Goodwin
Merrill Lynch Wealth Mgmt
Hartford
(800) 998-9837
david_goodwin@ml.com
fa.ml.com/goodwin_group
RHUF
547
6
10.0
John H. Goodwin
Morgan Stanley PWM
Stamford
(212) 761-3986
john.goodwin@morganstanleypwm.com
morganstanleypwa.com/gwtteam
HUF
2,138
50
75.0
William Greco
UBS Financial Services
Hartford, Conn.
(860) 727-1515
william.greco@ubs.com
financialservicesinc.ubs.com/team/grecogroup
RHU
5,177
9
12.0
Terence Markey
Morgan Stanley PWM
Greenwich
(203) 625-4884
terry.markey@morganstanleypwm.com
morganstanleypwa.com/fmmsgroup
HUI
5,384
28
60.0
Charles J. Noble III
Janney Montgomery Scott
New Haven
(203) 784-7401
noblegroup@janney.com
noblewealthadvisors.com
RHUI
800
5
10.0
Harold Trischman
Morgan Stanley Wealth Mgmt
Greenwich
(203) 625-4824
harold.j.trischman@morganstanley.com
fa.morganstanley.com/trischmangroup
RHUFE
1,893
4
9.0
Joan Valenti
LPL Financial Services
Farmington
(860) 677-7790
joan.valenti@valentiwealthmanagement.com
valentiwealthmanagement.com
RHUI
405
2
2.0
Donald DeWees Sr.
Wells Fargo Advisors
Greenville
(302) 428-8611
dana.edwards@wellsfargoadvisors.com
deweesicg.com
RHUFI
962
1.5
3.5
Michael Koppenhaver
Merrill Lynch Wealth Mgmt
Dover
(888) 766-4680
michael_s_koppenhaver@ml.com
fa.ml.com/koppenhaver_hawkins_associates
RHUFEI
600
1.6
4.6
Kimberlee Orth
Ameriprise Financial
Wilmington
(302) 475-5105
kimberlee.m.orth@ampf.com
orthfinancialgroup.com
RHU
1554
4.02
10.5
Michael Freiman
Morgan Stanley Wealth Mgmt
Washington
(202) 778-1382
michael.j.freiman@morganstanley.com
teamfreiman.com
RHUFE
1,311
1
2.5
Paul Goree III
Merrill Lynch Wealth Mgmt
Washington
(202) 659-6198
paul_goreeiii@ml.com
fa.ml.com/groupag
RHU
1,200
4.2
7.0
Michael Kirvan
Merrill Lynch Wealth Mgmt
Washington
(202) 659-7349
michael_kirvan@ml.com
fa.ml.com/thekirvangroup
RHU
815
4.3
9.0
Neil Kishter
Merrill Lynch PBIG
Washington
(202) 659-5033
neil.kishter@ml.com
pwa.ml.com/neil.kishter
HU
604
5
20.0
Marvin McIntyre
Morgan Stanley PWM
Washington
(202) 778-1381
marvin.mcintyre@morganstanleypwm.com
morganstanleypwa.com/cwmg
RHUFI
3380
5
25.0
Christopher S. Sargent
Wells Fargo Advisors
Washington
(202) 861-4519
christopher.sargent@wellsfargoadvisors.com
thesargentinvestmentgroup.wfadv.com
RHUFE
896
3
5.0
John M. Williams
Morgan Stanley PWM
Washington
(202) 862-2876
john.m.williams@morganstanleypwm.com
morganstanleypwa.com/williams_group
HUFE
2,094
20
35.0
DELAWARE
WASHINGTON, DC
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
S6
Name
BARRON’S
Location/Firm
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Email/Web
Specialities
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
FLORIDA
Richard Altieri
Morgan Stanley Wealth Mgmt
Boca Raton
(561) 393-1836
richard.altieri@morganstanley.com
fa.morganstanley.com/thealtierigroup
RHU
Louise Armour
J.P. Morgan Securities
Palm Beach
(561) 798-3205
louise.armour@jpmorgan.com
jpmorgansecurities.com/louisearmour
Peter Bermont
Raymond James
Coral Gables
(305) 446-6600
Gary Burwick
Morgan Stanley Wealth Mgmt
Plantation
Adam Carlin
1,121
5
20.0
RHUF
915
7
17.0
peter.bermont@raymondjames.com
bermontadvisorygroup.com
HUFE
1,360
11
25.0
(954) 577-8885
gary.burwick@ms.com
morganstanleyfa.com/theburwickmillsgroup
RHUI
669
3
5.0
Morgan Stanley PWM
Coral Gables
(305) 476-3302
adam.e.carlin@morganstanleypwm.com
morganstanleyfa.com/carlin
HU
2,188
16
25.0
Damion Carufe
J.P. Morgan Securities
Palm Beach Gardens
(561) 694-5688
damion.carufe@jpmorgan.com
jpmorgansecurities.com/carufegroup
RHU
755
5
10.0
Louis Chiavacci
Merrill Lynch PBIG
Coral Gables
(888) 655-6847
louis_chiavacci@ml.com
pwa.ml.com/chiavacciteam
UF
2,285
35
75.0
Don d’Adesky
Raymond James
Boca Raton
(561) 981-3690
don.dadesky@raymondjames.com
raymondjames.com/theamericasgroup
RHUI
3,250
10
3.0
Aimee DeMariano Cogan
Morgan Stanley Wealth Mgmt
Sarasota
(941) 363-8515
aimee.cogan@morganstanley.com
morganstanleyfa.com/bellwethergroup
HUFE
739
10
20.0
Bob Edwards
Wells Fargo Advisors
Naples
(239) 254-2200
robert.t.edwards@wfadvisors.com
moranedwards.com
RHUFI
3,253
5
25.0
Nelson Faro
Morgan Stanley Wealth Mgmt
Aventura
(305) 937-7138
nelson.faro@ms.com
morganstanleyfa.com/thefarogroup
RHUI
2,521
5
6.0
David Fox
Morgan Stanley Wealth Mgmt
Boca Raton
(561) 393-1513
david.h.fox@morganstanley.com
morganstanleyfa/foxteamsb
RHUFEI
2,396
4
10.0
Neil A. Fox
Morgan Stanley Wealth Mgmt
Boca Raton
(561) 393-1513
neil.a.fox@morganstanley.com
morganstanleyfa.com/foxteamsb
RHUI
2,396
4
10.0
Janet Franco Gordon
Morgan Stanley Wealth Mgmt
Coral Gables
(305) 476-3304
janet.franco.gordon@morganstanley.com
morganstanleyfa.com/thegordongroup
HU
830
5.5
12.0
Eric Glasband
Merrill Lynch Wealth Mgmt
Boca Raton
(561) 361-3437
eric.glasband@ml.com
fa.ml.com/GS
RHUFEI
808
4.52
10.0
Keith Jacoby
Wells Fargo Advisors
Naples
(239) 254-2252
keith.jacoby@wfadvisors.com
jacobynealonmccainwmg.com
RHU
608
7
10.0
William King
Merrill Lynch Wealth Mgmt
Vero Beach
(212) 382-8515
william_w_king@ml.com
fa.ml.com/william_w_king
HUFEI
1,460
6
15.0
Clarke Lemons
WaterOak Advisors
Winter Park
(407) 567-2956
newclient@wateroak.com
wateroak.com
RHUF
1,641
3
5.0
Michael McCain
Wells Fargo Advisors
Naples
(239) 254-2206
michael.mccain@wfadvisors.com
jacobynealonmccainwmg.com
RHU
1,108
6
12.0
William Merriam
Merrill Lynch Wealth Mgmt
Jacksonville
(904) 218-5931
william_h_merriam@ml.com
fa.ml.com/bill_merriam
RHUFEI
860
2
5.0
Mark Miller
Merrill Lynch Wealth Mgmt
Boca Raton
(561) 416-4629
mark_m_miller@ml.com
fa.ml.com/mark_miller
RHU
707
4
10.0
Thomas Moran
Wells Fargo Advisors
Naples, Fla.
(239) 254-2200
thomas.moran@wfadvisors.com
moranedwards.com
RHUF
3,405
5
25.0
Charles Mulfinger II
Graystone Consulting
Tampa
(813) 227-2061
charles.mulfinger.ii@msgraystone.com
morganstanleygc.com/gctampa
RHUI
5,860
5.75
8.0
Michael Nickler
Morgan Stanley Wealth Mgmt
West Palm Beach
(561) 822-4955
michael.nickler@morganstanley.com
morganstanley.com/fa//thenicklergroup
RHU
642
5
10.0
Scott Pinkerton
Pinkerton Wealth Mgmt
Venice
(941) 408-8557
scottpinkerton@pinkertonwmg.com
pinkertonwmg.com
RHUFE
697
5
8.0
October 2, 2017
BARRON’S
Name
Location/Firm
Phone
Adam Rosenfeld
Merrill Lynch Wealth Mgmt
Miami
Andrew Schultz
•
SPECIAL ADVERTISING SECTION
S7
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
Email/Web
Specialities
(305) 577-6903
adam.rosenfeld@ml.com
fa.ml.com/rosenfeldgroup
HU
742
30
150.0
Morgan Stanley PWM
Miami Beach
(305) 695-6116
andrew.schultz@morganstanleypwm.com
fa.morganstanley.com/theschultzgroup
HU
1,124
10
25.0
Michael Silver
BSSFA
Boca Raton
(561) 447-1997
msilver@bssfa.com
bssfa.com
RHUI
453
1
3.0
Mickey Silverman
Raymond James
Boca Raton
(561) 997-9100
mickey.silverman@raymondjames.com
raymondjames.com/silvermangroup
RHUF
1,308
5
35.0
Kurt Sylvia
UBS Financial Services
West Palm Beach
(561) 659-9526
kurt.sylvia@ubs.com
financialservicesinc.ubs.com/team/pwmpalmbeach
HUFI
1,630
20
45
Sal Tiano
J.P. Morgan Securities
Palm Beach Gardens
(561) 694-5600
sal.tiano@jpmorgan.com
jpmorgansecurities.com/tianogroup
HUI
1,600
15
30.0
Robert Balentine
Balentine
Atlanta
(404) 537-4800
rbalentine@balentine.com
balentine.com
HUEI
2,373
16
25.0
James Hansberger
Morgan Stanley PWM
Atlanta
(404) 264-4269
james.c.hansberger@morganstanleypwm.com
fa.morganstanley.com/hansbergermerlin
HUF
2,171
20
50.0
Saul Levy
Morgan Stanley Wealth Mgmt
Atlanta
(770) 698-2110
saul.levy@morganstanley.com
fa.morganstanley.com/theatlantagroup
RHU
767
6
15.0
Van Price
UBS PWM
Atlanta
(404) 479-6080
vandyke.price@ubs.com
financialservicesinc.ubs.com/team/ledoyenprice
HUFI
3,914
25
50.0
Rod Westmoreland
Merrill Lynch PBIG
Atlanta
(404) 264-2066
rod_westmoreland@ml.com
pbig.ml.com/advisor/westmorelandgroup.html
HU
3992
30
60.0
Edward Jones
Nampa
(208) 466-1690
andy.dodson@edwardjones.com
edwardjones.com
RH
266
0.5
1.0
Raj Bhatia
Merrill Lynch PBIG
Chicago
(312) 325-2676
raj_bhatia@ml.com
pwa.ml.com/bhatiagroup
HUFE
1,473
15
25.0
Kyle Chudom
Morgan Stanley Wealth Mgmt
Oak Brook
(630) 573-9680
kyle.chudom@ms.com
chudomhayes.com
RHU
738
1.5
5.0
Patricia Cutilletta
Morgan Stanley Wealth Mgmt
Chicago
(312) 648-3401
patricia.g.cutilletta@ms.com
morganstanleyfa.com/cutillettagroup
HU
601
7
10
Brad DeHond
Morgan Stanley PWM
Chicago
(312) 706-4517
brad.dehond@morganstanley.com
morganstanleypwa.com/mspwmchicago-mdm
UF
1,836
37
45.0
Daniel Fries
Merrill Lynch Wealth Mgmt
Chicago
(312) 696-2121
daniel.fries@ml.com
fa.ml.com/officeofdanielfries
RHU
791
2.5
5.0
Steven Hefter
Wells Fargo Advisors
Highland Park
(847) 563-3401
steven.hefter@wellsfargoadvisors.com
hlmcapital.com
HUF
5000
10
30.0
Tom Kilborn
Merrill Lynch Wealth Mgmt
Northbrook
(847) 564-7201
tom_kilborn@ml.com
fa.ml.com/kilborngroup
RHU
858
4
6.0
James M. Moriarity
Morgan Stanley PWM
Chicago
(312) 706-4572
james.moriarity@morganstanley.com
morganstanleypwa.com/mspwmchicago-mdm
UF
1,837
37
45.0
James Oberheide
Morgan Stanley PWM
Chicago
(312) 443-6090
james.oberheide@morganstanleypwm.com
morganstanleyfa.com/theoberheidegroup
UF
3,200
50
100.0
Sharon Oberlander
Merrill Lynch Wealth Mgmt
Chicago
(312) 696-7620
s_oberlander@ml.com
fa.ml.com/oberlandergroup
HU
1,106
5
12.0
Steven Porter
Merrill Lynch Wealth Mgmt
Northbrook
(847) 564-7213
steven_k_porter@ml.com
fa.ml.com/theportergroup
RHU
589
2.2
3.2
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
GEORGIA
IDAHO
Andy Dodson
ILLINOIS
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
S8
BARRON’S
Name
Location/Firm
Maureen Raihle
Merrill Lynch PBIG
Chicago
Kathleen Roeser
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Email/Web
Specialities
(312) 325-2635
maureen_raihle@ml.com
pwa.ml.com/vrgroup
HU
Morgan Stanley Wealth Mgmt
Chicago
(312) 443-6500
kathy.roeser@ms.com
fa.morganstanley.com/theroesergroup
Joseph Silich
Morgan Stanley Wealth Mgmt
Chicago
(312) 443-6200
Brian Speers
Merrill Lynch Wealth Mgmt
Oak Brook
Ronald Stenger
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
5,803
25
40.0
HUFI
967
8
15.0
joseph.silich@morganstanley.com
morganstanleyfa.com/joseph.silich
HU
921
7
12.0
(630) 954-6396
brian_k_speers@ml.com
fa.ml.com/bolin_speers_group
RHUI
910
3.5
5.0
Morgan Stanley Wealth Mgmt
Oak Brook
(630) 573-9794
laura.kane@morganstanley.com
retirementnavigationprocess.com
RH
528
1.3
3.0
Mark Thorndyke
Merrill Lynch Wealth Mgmt
Chicago
(312) 696-7645
mark_w_thorndyke@ml.com
fa.ml.com/thorndykesheppardgroup
RHU
904
4
6.0
John Ver Bockel
Merrill Lynch Wealth Mgmt
Chicago
(312) 325-2634
john_verbockel@ml.com
pwa.ml.com/vrgroup
HU
5,762
25
40.0
David Wright
Merrill Lynch PBIG
Chicago
(312) 325-2620
dave_wright@ml.com
pwa.ml.com/wrighthudakzabel
HUF
2,001
25
40.0
Jeffrey Brandt
Ameriprise Financial
Fort Dodge
(800) 647-9548
jeffrey.w.brandt@ampf.com
ascendantwealthmanagementgroup.com
RH
563
1
3.6
Timothy Finucan
Edward Jones
Webster City
(515) 832-4155
timothy.finucan@edwardjones.com
edwardjones.com
RHU
472
0.75
1.5
Matthew Fryar
Wells Fargo Advisors
Des Moines
(515) 245-3120
matthew.r.fryar@wellsfargo.com
HUF
640
5
7.0
Keith Swanson
Morgan Stanley PWM
West Des Moines
(515) 224-5501
keith.k.swanson@morganstanleypwm.com
morganstanleypwa.com/swanson
HUFI
736
7
15.0
Morgan Stanley Wealth Mgmt
Leawood
(913) 402-5290
scott.ferguson@morganstanley.com
morganstanleyfa.com/thefergusonsmithgroup
RHUF
$617
$4
8.0
Merrill Lynch Wealth Mgmt
Louisville
(502) 329-5097
barry_barlow@ml.com
fa.ml.com/b_barlow
RHUF
$653
$3
7.5
Curtis Eustis
Merrill Lynch Wealth Mgmt
New Orleans
(504) 586-7787
curtis_eustis@ml.com
fa.ml.com/tle_group
HUFEI
786
10
25.0
Charles Simmons
Ameriprise Financial
Metairie
(504) 779-7790
charles.l.simmons@ampf.com
ameripriseadvisors.com/charles.l.simmons
RHUI
1,733
0.75
1.8
James Spiro
Morgan Stanley Wealth Mgmt
New Orleans
(504) 585-3973
james.m.spiro@morganstanley.com
morganstanleyfa.com/spirogroup
RHU
1,669
1
4.0
Morgan Stanley Wealth Mgmt
Portland
(207) 771-0844
todd.h.doolan@morganstanley.com
morganstanleyfa.com/thedoolaneldredgegroup
RHUI
$360
$1.80
26.0
Larry Boggs
Wells Fargo Advisors
Cumberland
(301) 724-2660
larry.d.boggs@wfadvisors.com
home.wellsfargoadvisors.com/larry.d.boggs
RHU
1,145
3
5.0
Robert Collins
Collins Investment Group
Bethesda
(301) 915-9630
robert.collins@wfafinet.com
collinsinvestmentgroup.com
RHU
742
3
7.0
Barry Garber
Alex.Brown / Raymond James
Baltimore
(410) 525-6210
barry.garber@alexbrown.com
garberwealthmanagement.com
HUFEI
2,500
15
25.0
Jim Holzapfel
Wells Fargo Advisors
Hagerstown
(240) 513-2766
james.holzapfel@wellsfargoadvisors.com
holzapfelinvestmentgroup.com
RHUFI
834
1.5
3.5
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
IOWA
KANSAS
Scott D. Ferguson
KENTUCKY
Barry Barlow
LOUISIANA
MAINE
Todd Doolan
MARYLAND
October 2, 2017
BARRON’S
Name
Location/Firm
Brian Kroneberger, Jr.
RBC Wealth Mgmt
Hunt Valley
John Lynch
Phone
•
SPECIAL ADVERTISING SECTION
S9
Email/Web
Specialities
(410) 316-5454
brian.kroneberger@rbc.com
thedkhgroup.com
HUI
Lynch Group/Raymond James
Fulton
(410) 715-3600
info@lynchretirementgroup.com
lynchretirementgroup.com
William Morgan III
Ameriprise Financial
Ellicott City
(410) 418-9800
Kent Pearce
Merrill Lynch Wealth Mgmt
Towson
Robert Scherer
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
1,400
3.5
5.0
RH
505
1.5
3.0
william.a.morgan@ampf.com
ameripriseadvisors.com/william.a.morgan
RHU
940
0.9
2.3
(410) 321-4340
kent_pearce@ml.com
fa.ml.com/pearce_group
HUF
1,253
7
20.0
Graystone Consulting
Potomac, Md.
(301) 279-6403
robert.s.scherer@msgraystone.com
msgraystone.com/metropolitandc
HUFE
7,541
25
25.0
E. Geoffrey Sella
SPC Financial, Inc.
Rockville
(301) 770-6800
jsella@spcfinancial.com
spcfinancial.com
RH
666
0.72
1.6
Richard Wagener
Wagener-Lee / Raymond James
Columbia
(443) 276-9595
rick@wagenerlee.com
wagenerlee.com
RHUI
707
1.6
3.5
Debra Brede
D.K. Brede Investment Mgmt
Needham
(781) 444-9367
dkb@bredeinvestment.com
bredeinvestment.com
HU
807
2
3.5
Timothy Grimes
Grimes & Company
Westborough
(508) 366-3883
tim@grimesco.com
grimesco.com
RHU
2,061
3.5
7.0
Sam Hodgson
Merrill Lynch Wealth Mgmt
Boston
(800) 558-6568
sam_hodgson@ml.com
fa.ml.com/sam_hodgson
RHUF
739
5
8.0
David Javaheri
Morgan Stanley Wealth Mgmt
Wellesely
(781) 416-2491
david.javaheri@morganstanley.com
fa.morganstanley.com/thejavaherigroup
RHUE
1,074
4
10.0
Susan Kaplan
Kaplan Financial Svcs/LPL
Newton
(617) 527-1557
susan.kaplan@lpl.com
kaplan-financial.com
HU
1,597
3.5
10.0
Stephen Kelliher
Morgan Stanley Wealth Mgmt
Norwell
(781) 681-4933
stephen.kelliher@morganstanley.com
kellihercorbettgroup.com
HUFEI
2,326
5.5
10.0
Victor Livingstone
Morgan Stanley PWM
Boston
(617) 478-6500
victor.livingstone@morganstanleypwm.com
morganstanley.com
UFE
3,782
25
100.0
Deborah W. Moses
Morgan Stanley Wealth Mgmt
Boston
(617) 570-9409
deborah.moses@morganstanley.com
fa.morganstanley.com/thebostonmosesteam
U
1,076
36
46
Mary Mullin
Merrill Lynch Wealth Mgmt
Boston
(617) 946-4018
mary_mullin@ml.com
fa.ml.com/mullinberiau
HU
1,353
5
15
Peter Noonan
J.P. Morgan Securities
Boston
(617) 654-2318
peter.noonan@jpmorgan.com
jpmorgansecurities.com/peternoonan
RHU
1,626
15
100.0
Raju Pathak
Morgan Stanley Wealth Mgmt
Boston
(617) 589-3373
raju.pathak@ms.com
fa.morganstanley.com/pathakgroup/index.htm
RHUI
1,387
8
20.0
Peter Princi
Graystone Consulting
Boston
(617) 589-3229
peter.b.princi@msgraystone.com
morganstanleyfa.com/theprincigroup
HUFEI
4,696
7.5
15.0
Ira Rapaport
New England Private Wealth Adv
(781) 416-1700
Wellesley
ira.rapaport@nepwealth.com
nepwealth.com
HUFEI
1,517
5
9.0
Raj Sharma
Merrill Lynch PBIG
Boston
(800) 926-5579
sharma_group@ml.com
pwa.ml.com/sharma_group
UFI
6,101
10
15.0
Brian Strachan
Morgan Stanley PWM
Boston
(617) 570-9240
brian.s.strachan@morganstanleypwm.com
morganstanleypwa.com/thestrachangroupsb
HUF
1,871
10
20.0
Mark Winthrop
Winthrop Wealth Mgmt / LPL
Westborough
(508) 836-5500
mark.winthrop@winthropwealth.com
winthropwealth.com
RHU
1,505
3
8.0
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
MASSACHUSETTS
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
S10
BARRON’S
Name
Location/Firm
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Email/Web
Specialities
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
MICHIGAN
Jeffrey Fratarcangeli
Wells Fargo Advisors FiNet
Birmingham
(248) 385-5055
jeffrey.fratarcangeli@wfafinet.com
fratarcangeliwealthmanagement.com
RHUI
750
10
25.0
David Kudla
Mainstay Capital Management
Grand Blanc
(866) 444-6246
mainstay@mainstaycapital.com
mainstaycapital.com
RHUI
2,006
0.5
4.0
Sherri Stephens
Raymond James
Flint
(810) 732-7411
sheryl.stephens@stephenswmg.com
stephenswmg.com
RHU
504
1.03
3.0
Leo Stevenson
Merrill Lynch Wealth Mgmt
Wyandotte
(734) 324-3826
leo_stevenson@ml.com
www.fa.ml.com/wyandottegroup
RHUI
559
1
1.75
Jon Vigi
UBS PWM
Birmingham
(855) 654-8444
jon.vigi@ubs.com
ubs.com/team/vigiprivatewealth
HUFI
705
20
40.0
Charles Zhang
Zhang Financial
Portage
(269) 385-5888
charles.zhang@zhangfinancial.com
zhangfinancial.com
RHUF
$2,597
$2
3.0
Marks Group Wealth Mgmt
Minnetonka
(952) 582-6100
info@marksgroup.com
marksgroup.com
RHUFI
887
2
5.0
Robert Millner
Morgan Stanley Wealth Mgmt
St. Louis
(314) 889-9868
robert.millner@morganstanley.com
morganstanleyfa.com/themillnergroup
RHU
910
2
5.0
Michael Moeller
Wells Fargo Advisors
Chesterfield
(800) 866-2801
mike.moeller@wfadvisors.com
themoellergroup.net
RHUFEI
1,275
2
3.0
Brian I. Pultman
Wells Fargo Advisors
St. Louis
(314) 991-7863
brian.pultman@wfadvisors.com
brianpultman.wfadv.com
RHUI
565
2
3.0
Kathleen Youngerman
Morgan Stanley PWM
Chesterfield
(314) 889-4862
kathleen.l.youngerman@morganstanleypwm.com
morganstanleyfa.com/harmonyfamilyoffice
RHUFI
553
10
20.0
UBS PWM
Lincoln
(402) 328-2077
jason.dworak@ubs.com
ubs.com/team/dworakgroup
HU
854
5
15.0
Deborah Danielson
Danielson Financial Group
Las Vegas
(702) 734-7000
deborah@danielsonfinancialgroup.com
danielsonfinancialgroup.com
RHU
521
2
5.0
Randy Garcia
Investment Counsel
Las Vegas
(702) 871-8510
randy@iccnv.com
iccnv.com
HUFEI
$945
$7
15.0
Robert Bonfiglio
Rise Private Wealth Mgmt
Bedford
(603) 606-4255
robert.a.bonfiglio@ampf.com
bobbonfiglio.com
RH
347
1.5
3.0
Marc D. Chareth
Edward Jones
Milford
(603) 673-3957
marc.chareth@edwardjones.com
edwardjones.com
RHU
345
0.7
1.0
John Habig
Morgan Stanley Wealth Mgmt
Portsmouth
(603) 422-8901
john.f.habig@morganstanley.com
morganstanleyfa.com/habig
RHUF
$416
$1
2.5
Bruce Barth
Merrill Lynch Wealth Mgmt
Short Hills
(973) 564-7740
bruce_g_barth@ml.com
fa.ml.com/barthgroup
RHUFEI
1,032
1.5
4.0
Francis Bitterly
Morgan Stanley Wealth Mgmt
Red Bank
(732) 224-3754
francis.g.bitterly@morganstanley.com
fa.morganstanley.com/francisbitterly
RHU
501
2.5
6.0
Jack Burke
Merrill Lynch Wealth Mgmt
Florham Park
(973) 410-2309
john_j_burke@ml.com
fa.ml.com/the_harbor_group
RHU
2,696
6.5
18.0
Christopher Cook
Merrill Lynch Wealth Mgmt
Florham Park
(973) 301-7790
c_cook@ml.com
fa.ml.com/gcca
RHU
1,857
7
15.0
M I N N E S O TA
Bennett Marks
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
MISSOURI
NEBRASKA
Jason Dworak
N EVA DA
NEW HAMPSHIRE
NEW JERSEY
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
October 2, 2017
BARRON’S
Name
Location/Firm
Mark Cortazzo
MACRO Consulting Group
Parsippany
Mary Deatherage
Phone
•
SPECIAL ADVERTISING SECTION
S11
Email/Web
Specialities
(973) 451-9400
info@macroconsultinggroup.com
macroconsultinggroup.com
RHU
Morgan Stanley PWM
Little Falls
(973) 890-3015
mary.m.deatherage@morganstanleypwm.com
morganstanleyfa.com/thedeatheragegroup
HUFE
Mark Fendrick
UBS Financial Services
Mt. Laurel
(856) 985-2070
mark.fendrick@ubs.com
ubs.com/team/fendrickgroup
John Hudspeth
Merrill Lynch Wealth Mgmt
Mt. Laurel
(800) 521-9399
Elliott Kugel
Merrill Lynch Wealth Mgmt
Bridgewater
Joseph Lauricella
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
716
2
6.5
2,349
10
15.0
RHU
665
4
6.0
john_r_hudspeth@ml.com
fa.ml.com/brownehudspeth
RHU
767
2
4.0
908-685-3252
elliott_m_kugel@ml.com
fa.ml.com/kugelbriegs
RHU
1,262
2.1
3.5
Merrill Lynch Wealth Mgmt
Montvale
(800) 694-5340
joseph_lauricella@ml.com
fa.ml.com/joseph_lauricella
HUFE
746
10
30.0
Mark Lichtenfeld
UBS PWM
Florham Park
(973) 360-4369
mark.lichtenfeld@ubs.com
ubs.com/team/thesomersethillsgroup
HUI
1,450
7
11.0
Gregory Makowski
CFS Investment Adv Svcs
Totowa
(973) 826-8800
greg@cfsias.com
cfsias.com
RHUI
905
2
5.0
Neil McPeak
Wells Fargo Advisors
Linwood
(609) 926-7808
neil.mcpeak@wellsfargoadvisors.com
mcpeakgroup.wfadv.com
RHU
824
1.5
5.0
Harris Nydick
CFS Investment Adv Svcs
Totowa
(973) 826-8800
harris@cfsias.com
cfsias.com
RHUI
905
2
5.0
Stephen Pollard
Merrill Lynch Wealth Mgmt
Princeton
(800) 477-3417
stephen_pollard@ml.com
fa.ml.com/pollard_team
HU
1,676
5
10.0
Michael Pron
Merrill Lynch Wealth Mgmt
Princeton
(609) 243-7940
michael_j_pron@ml.com
fa.ml.com/pron/hurst
RHU
954
2
5.0
Michael Ricca
Morgan Stanley Wealth Mgmt
Florham Park
(973) 236-3530
michael.j.ricca@morganstanley.com
morganstanleyfa.com/ricca_weinerman
RHU
3,858
10
15.0
Kenneth Schapiro
Condor Capital Mgmt
Martinsville
(732) 356-7323
info@condorcapital.com
condorcapital.com
RHUI
889
1.23
3.2
Frank Seminara
Morgan Stanley PWM
Florham Park
(973) 236-3634
frank.seminara@morganstanleypwm.com
morganstanleypwa.com/theseminaragroup
HU
1,187
5
20.0
Mark Tobias
Morgan Stanley Wealth Mgmt
New Brunswick
(732) 435-2225
mark.s.tobias@ms.com
morganstanleyfa.com/mark_tobias
RHU
899
4
10.0
Anthony Valente
Morgan Stanley Wealth Mgmt
Shrewsbury
(732) 389-5124
anthony.valente@morganstanley.com
morganstanleyfa.com/svsteam
RHU
1,145
0.5
1.5
David Weinerman
Morgan Stanley Wealth Mgmt
Florham Park
(973) 236-3529
david.s.weinerman@morganstanley.com
morganstanleyfa.com/ricca_weinerman
RHU
3,869
10
15.0
John Moore
John Moore / Raymond James
Albuquerque
(505) 881-5100
info@johnmoore.com
johnmoore.com
RHU
438
1.5
3.5
Charles Reardon
Morgan Stanley Wealth Mgmt
Albuquerque
(505) 889-2862
charles.reardon@morganstanley.com
morganstanleyfa.com/reardonthorntongroup
RHU
$702
$1
3.0
Lewis Altfest
Altfest Personal Wealth Mgmt
New York
(212) 406-0850
inquiry@altfest.com
altfest.com
RHU
1,127
2
4.0
Jay Canell
J.P. Morgan Securities
(212) 272-0888
jay.canell@jpmorgan.com
jpmorgansecurities.com/canellgroup
RHUI
7,283
15
25
Neil Canell
J.P. Morgan Securities
(212) 272-0777
neil.canell@jpmorgan.com
jpmorgansecurities.com/canellgroup
RHUI
7,261
15
25
Robert A. Clarfeld
Clarfeld Financial Advisors
Tarrytown
(212) 956-9494
wealth@clarfeld.com
clarfeld.com
HUF
6,593
20
80.0
NEW MEXICO
NEW YORK
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
S12
BARRON’S
Name
Location/Firm
Lee DeLorenzo
United Asset Strategies
Garden City
Mark Donohue
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Email/Web
Specialities
(516) 222-0021
leed@unitedasset.com
unitedasset.com
RHUI
Morgan Stanley PWM
New York
(888) 270-0542
mark.donohue1@morganstanleypwm.com
fa.morganstanley.com/donohue
Marc Fischer
Graystone Consulting
Rochester
(585) 389-2271
Gregg Fisher
Gerstein Fisher
New York
Jonathan Kass
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
826
1
3
RHUFI
2,389
20
40.0
marc.r.fischer@msgraystone.com
morganstanleygc.com/ftc
RHUFEI
4,100
50
50.0
(212) 968-0707
info@gersteinfisher.com
gersteinfisher.com
RHUFEI
3,303
1.56
3.7
Merrill Lynch Wealth Mgmt
New York
(212) 338-6062
jonathan_e_kass@ml.com
fa.ml.com/kf_group
HU
5,503
10
25.0
Jason Katz
UBS Financial Services
New York
(212) 713-9201
jason.m.katz@ubs.com
ubs.com/team/katz
RHUI
1,910
10
25.0
Gerard Klingman
Klingman & Associates, LLC
New York
(212) 867-7647
gklingman@klingmanria.com
klingmanria.com
HU
1,742
10
15.0
Bobby Kolev
Morgan Stanley Wealth Mgmt
New York
(212) 503-2392
bobby.kolev@morganstanley.com
fa.morganstanley.com/thekolevgroup
RHUI
4,567
50
100.0
Robin Krasny
Morgan Stanley Wealth Mgmt
New York
(888) 243-5316
robin.krasny@ms.com
fa.morganstanleyindividual.com/alterawmgroup
HU
1,379
7.5
15
Rebecca Lerner
Merrill Lynch Wealth Mgmt
New York
(212) 236-5583
rebecca_lerner@ml.com
fa.ml.com/the_lerner_group
RHU
805
3
10
David Magrone
Merrill Lynch PBIG
New York
(212) 418-2831
david_magrone@ml.com
pwa.ml.com/david_magrone
HUF
1,369
30
50.0
Joshua Malkin
Morgan Stanley PWM
New York
(212) 893-6530
joshua.d.malkin@morganstanleypwm.com
morganstanleypwa.com/themalkingroup
HUFEI
1,700
10
25.0
Ira Mark
RBC Wealth Mgmt
New York
(212) 703-6033
ira.mark@rbc.com
rbcwmfa.com/themarkbergergroup
RHU
3,300
10
25.0
Deborah Montaperto
Morgan Stanley PWM
New York
(212) 761-8934
deborah.d.montaperto@morganstanleypwm.com
morganstanleypwa.com/polkwealthmanagementgroup
HUFE
11,878
25
50
Daniel O’Connell
Merrill Lynch Wealth Mgmt
Garden City
(516) 877-8316
daniel_o’connell@ml.com
fa.ml.com/daniel_o_connell
HU
2,249
15
27.0
Lyon Polk
Morgan Stanley PWM
New York
(212) 761-9029
lyon.polk@morganstanleypwm.com
morganstanleypwa.com/polkwealthmanagementgroup
HUFE
$11,114
$25
50.0
Michael Poppo
UBS Financial Services
New York
(212) 626-8721
michael.poppo@ubs.com
ubs.com/team/thepoppogroup
HUFE
1,185
8
12.0
Shawn Rubin
Morgan Stanley PWM
New York
(212) 893-6322
shawn.rubin@morganstanleypwm.com
morganstanleyfa.com/theabacusgroup
HU
2,000
10
40.0
Frank J. Sabia
UBS Financial Services
White Plains
(914) 287-6010
frank.sabia@ubs.com
ubs.com/fa/franksabia
RHUI
3,074
5
15.0
Richard Saperstein
HighTower’s Treasury Partners
New York
(917) 286-2777
rsaperstein@treasurypartners.com
treasurypartners.com
HUF
11,467
15
40.0
David Schwartz
FCE Group
Lake Success
(516) 487-8220
dhs@fcequities.com
fcequities.com
HU
1,206
3
5.0
Theodore Serure
J.P. Morgan Securities
New York
(212) 272-6448
ted.serure@jpmorgan.com
RHUI
1,500
10
50.0
Michael Siden
Morgan Stanley Wealth Mgmt
New York
(212) 296-1044
michael.siden@morganstanley.com
morganstanleyfa.com/sidenfinkgroup
RHUFI
788
17
45.0
Evan Steinberg
Morgan Stanley PWM
New York
(212) 893-7501
evan.steinberg@morganstanleypwm.com
morganstanleypwa.com/sfgroup
HUFI
2,093
12
20.0
Lori Van Dusen
LVW Advisors
Pittsford
(585) 267-4900
lvandusen@lvwadvisors.com
lvwadvisors.com
RHUFEI
4,521
50
75.0
October 2, 2017
BARRON’S
Name
Location/Firm
Phone
Jordan Waxman
HSW Advisors at HighTower
New York
Todd Yannuzzi
•
SPECIAL ADVERTISING SECTION
S13
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
Email/Web
Specialities
(212) 286-1170
jwaxman@hightoweradvisors.com
hswadvisors.com
HU
2,000
25
50.0
Morgan Stanley Wealth Mgmt
New York
(212) 296-1051
todd.yannuzzi@morganstanley.com
fa.morganstanley.com/fifthavenuegrou
RHUFE
2,319
10
20.0
Mike Bell
Edward Jones
Hickory
(828) 328-8111
mike.bell@edwardjones.com
edwardjones.com
RHU
316
0.64
1.3
Gary Gaulden
Ameriprise Financial
Durham
(919) 361-9898
gary.l.gaulden@ampf.com
gauldenandassociates.com
RHU
417
1.5
3.0
Stephen Thomas
Linden Thomas / Wells FiNet
Charlotte
(877) 554-8150
info@lindenthomas.com
lindenthomas.com
RHUFEI
1,278
3
7.0
Rick Buoncore
MAI Capital Management
Cleveland
(216) 920-4900
rbuoncore@mai.capital
mai.capital
RHU
3,865
10
25.0
Randy Carver
Raymond James
Mentor
(440) 974-0808
carverfinancialservices@raymondjames.com
carverfinancialservices.com
RHI
1,087
1
1.6
Charles Dankworth
UBS Financial Services
New Albany
(614) 939-2202
charles.dankworth@ubs.com
ubs.com/team/theonecolumbusgroup
HUF
965
6
25.0
Brian Edwards
Morgan Stanley Wealth Mgmt
Columbus
(614) 473-2401
brian.j.edwards@ms.com
morganstanleyfa.com/theedwardsgroupsb
RH
862
3.5
10.0
Craig Findley
UBS Financial Services
Sylvania
(419) 318-5510
craig.findley@ubs.com
ubs.com/findleywisewealthmanagement
RHUI
2,038
5
10.0
Thomas Haught
Sequoia Financial Advisors
Akron
(216) 774-1246
thaught@sequoia-financial.com
sequoia-financial.com
RHU
2,838
3
6.0
Valerie Newell
RiverPoint Capital Management
Cincinnati
(513) 421-3100
newell@riverpointcm.com
riverpointcm.com
RHU
2,218
4
8.0
David Singer
Merrill Lynch PBIG
Cincinnati
(513) 579-3889
david_singer@ml.com
pwa.ml.com/evelosingersullivan
HU
2,510
10
20.0
Linnell Sullivan
Merrill Lynch Wealth Mgmt
Cincinnati
(513) 579-3890
linnell_sullivan@ml.com
pwa.ml.com/evelosingersullivan
HU
1,324
6
10.0
Kenneth Wise
UBS Financial Services
Sylvania
(419) 318-5515
kenneth.wise@ubs.com
ubs.com/findleywisewealthmanagement
RHUI
2,038
5
10.0
Raymond James
Portland
(503) 597-2222
info@mcgeewm.com
mcgeewm.com
RHI
$461
$1.50
3.0
Robert Boland
RBC Wealth Mgmt
Philadelphia
(215) 557-1702
robert.boland@rbc.com
bolandinvestmentgroup.com
RHUI
993
5
20.0
Patricia C. Brennan
Key Financial
West Chester
(610) 429-9050
pbrennan@keyfinancialinc.com
keyfinancialinc.com
RH
694
1.8
3.0
William Brown
Merrill Lynch Wealth Mgmt
Sewickley
(412) 749-7912
william_brownjr@ml.com
fa.ml.com/thebrownhurrayplantzgroup
RHU
1,027
4
10.0
Joshua Gross
Mill Creek Capital Advisors
Conshohocken
(610) 941-7714
jgross@millcreekcap.com
millcreekcap.com
HUFEI
4,969
14
25.0
Jack Hafner
Wells Fargo Advisors
Radnor
(610) 293-7323
jack.hafner@wfadvisors.com
wellsfargoadvisors.com
HU
1,200
35
60.0
Barbara Hudock
Hudock Capital Group
Williamsport
(570) 326-9500
bhudock@hudockcapital.com
hudockcapital.com
RHU
476
1
3.0
NORTH CAROLINA
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
OHIO
OREGON
Judith McGee
P E N N SY LVA N I A
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
F Foundations
E Endowments
I Institutional
S14
BARRON’S
Name
Location/Firm
John J. Parker Sr.
Wells Fargo Advisors
Philadelphia
Eric Salmansohn
Phone
•
SPECIAL ADVERTISING SECTION
October 2, 2017
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
Email/Web
Specialities
(215) 564-8487
john.j.parker@wfadvisors.com
home.wellsfargoadvisors.com/john.j.parker
RHU
1,700
3
6.0
Morgan Stanley Wealth Mgmt
Philadelphia
(215) 854-6272
eric.salmansohn@morganstanley.com
morganstanleyfa.com/libertywealthmanagementgroup
HUF
1,293
3
10.0
Peter Sargent
Janney Montgomery Scott
Yardley
(267) 685-4205
psargent@janney.com
sargentwealthmanagement.com
RHUE
635
1
4.0
John Solis-Cohen
Wells Fargo Advisors
Jenkintown
(215) 572-4276
john.solis-cohen@wellsfargoadvisors.com
RHU
968
3
5.0
D. Scott Wisman
Merrill Lynch Wealth Mgmt
Exton
(610) 594-1186
scott_wisman@ml.com
fa.ml.com/wisman_willisgroup
RHU
892
2.5
4.0
Edythe De Marco
Merrill Lynch Wealth Mgmt
Providence
(401) 863-8619
edythe_demarco@ml.com
fa.ml.com/demarco_group
RHUI
947
3.2
4.0
Malcolm Makin
Raymond James
Westerly
(401) 596-2800
mmakin@ppgadvisors.com
ppgadvisors.com
RHUE
$1,090
$1.50
3.0
Matthew Young
Richard C. Young & Co.
Newport
(888) 456-5444
info@younginvestments.com
younginvestments.com
RHU
969
1.83
5.0
Raymond James
Sioux Falls
(605) 352-9490
info@cornerstonefinancialsolutions.com
cornerstonefinancialsolutions.com
RHU
311
0.8
1.7
Christi Edwards
Morgan Stanley Wealth Mgmt
Nashville
(615) 298-6554
christi.edwards@morganstanley.com
fa.morganstanleyindividual.com/christi.edwards
RHU
724
5
12.0
Eric Klindt
Merrill Lynch PBIG
Nashville
(615) 747-5625
eklindt@ml.com
pwa.ml.com/klindtcole
HUFE
971
15
30.0
J. Michael Fox
Merrill Lynch Wealth Mgmt
Houston
(713) 658-1275
jmichael_fox@ml.com
fa.ml.com/fox_group
RHU
629
2
4.0
Carl “Triple” Fuhrmann III
Merrill Lynch Wealth Mgmt
San Antonio
(210) 805-2981
carl_fuhrmanniii@ml.com
fa.ml.com/fuhrmann_hayne
RHUI
789
1
5.0
Ira Kravitz
UBS Financial Services
Plano
(469) 440-0547
ira.kravitz@ubs.com
financialservicesinc.ubs.com/team/kravitzgroup
HU
616
4.5
6.0
Craig Massey
Merrill Lynch PBIG
Houston
craig.massey@ml.com
www.pbig.ml.com/advisor/msblegacy.html
HU
1,033
100
100
John Merrill
Tanglewood Total Wealth Mgmt
Houston
(713) 840-8880
jmerrill@tanglewoodwealth.com
tanglewoodwealth.com
RHU
856
2.5
5.0
Marie Moore
Morgan Stanley Wealth Mgmt
Dallas
(214) 696-7175
marie.a.moore@morganstanley.com
fa.morganstanley.com/themooregroup
RHU
383
5
15.0
Darrell Pennington
Ameriprise Financial
Houston
(713) 332-4422
darrell.r.pennington@ampf.com
penningtonwealth.com
RH
861
1.5
2.5
R. Scot Smith
Morgan Stanley Wealth Mgmt
Dallas
(214) 696-7064
scot.smith@morganstanley.com
morganstanley.com/fa/scotsmith
RHUF
488
3
5.0
Scott Tiras
Ameriprise Financial
Houston
(713) 332-4400
scott.b.tiras@ampf.com
tiraswealth.com
RHU
2,316
2
3.5
F. Michael Wood Jr.
Merrill Lynch PBIG
San Antonio
(210) 805-2851
f_woodjr@ml.com
pwa.ml.com/nwn
RHUF
1,945
15
20
Morgan Stanley Wealth Mgmt
Colchester
(802) 863-7709
timothy.stotz@morganstanley.com
morganstanleyfa.com/thestotzgroup
RHUFEI
701
2.5
4.0
RHODE ISLAND
S O U T H DA KO TA
Gordon Wollman
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
TENNESSEE
TEXAS
(713) 632-8366
VERMONT
Tim Stotz
October 2, 2017
BARRON’S
Name
Location/Firm
Phone
•
SPECIAL ADVERTISING SECTION
S15
Email/Web
Specialities
Total Team
Assets ($ mil)
Typical Acct. Typical Net
Size ($ mil) Worth ($ mil)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
VIRGINIA
Garret Alcaraz
Wells Fargo Advisors
Virginia Beach
(757) 431-6375
gary.alcaraz@wfadvisors.com
alcarazfisherjustiswmg.wfadv.com
RHUFEI
1,460
1.5
3.5
Jim Bruyette
SBSB
McLean
(703)734-9321
jim.bruyette@sbsbllc.com
sbsbllc.com
HUFI
3,080
5
10.0
Tristan Caudron
Wells Fargo Advisors
Alexandria
(703) 739-4548
tristan.caudron@wfadvisors.com
caudronmegaryblackburnwmg.com
RHUFEI
1,658
1.6
3.3
Michael Joyce
JoycePayne Partners
Richmond
(804) 358-2702
mjoyce@joycepaynepartners.com
joycepaynepartners.com
RHU
630
2.5
3.0
Soo Kim
Ameriprise Financial
Vienna
(703) 226-2300
soo.m.kim@ampf.com
ameripriseadvisors.com/soo.m.kim
RH
1,170
1
2.0
Jeff LeClair
Wells Fargo Advisors
McLean
(703) 760-5717
jeff.leclair@wellsfargo.com
leclairlemlihapproach.com
HUFEI
1,416
6
20.0
Joseph W. Montgomery
Wells Fargo Advisors
Williamsburg
(757) 220-1782
joe.montgomery@wellsfargoadvisors.com
osg.wfadv.com
HUFEI
14,754
7
15.0
Gregory Smith
Baird
Reston
(571) 203-1600
gssmith@rwbaird.com
thewiseinvestorgroup.com
RHU
2,022
1
3.0
Ryan Sprowls
Wells Fargo Advisors
Alexandria
(703) 739-1439
ryan.sprowls@wellsfargoadvisors.com
sdkwealth.com
RHUFEI
1,030
2
4.0
Greg Sullivan
SBSB
McLean
(703) 734-9322
greg.sullivan@sbsbllc.com
sbsbllc.com
HUFI
3,080
5
10.0
Shari Burns
United Capital Seattle
Seattle
(206) 583-8300
shari.burns@unitedcp.com
unitedcp.com/wa1
HUF
1,538
5.89
8.0
Michael Hershey
J.P. Morgan Securities
Bellevue
(425) 462-6810
michael.hershey@jpmorgan.com
RHU
675
10
25.0
Lawrence Hood
Pacific Portfolio Consulting
Seattle
(206) 623-6641
information@pacific-portfolio.com
pacific-portfolio.com
RHUI
3,061
11.55
17.5
Paul Jackson
Morgan Stanley Wealth Mgmt
Bellevue
(425) 453-5746
paul.w.jackson@morganstanley.com
morganstanleyfa.com/paul_jackson
RHU
510
6
10.0
Randall Linde
Ameriprise Financial
Renton
(800) 563-1636
randall.s.linde@ampf.com
agpwealthadvisors.com
RHU
1,757
0.75
1.5
Michael Matthews
UBS Financial Services
Bellevue
(425) 451-2350
m.matthews@ubs.com
ubs.com/team/thematthewsgroup
RHU
784
5
8.0
Erik Morgan
Freestone Capital Mgmt
Seattle
(206) 707-7310
erik@freestonecapital.com
freestonecapital.com
RHU
$3,593
$3.76
9.4
Erin Scannell
Ameriprise Financial
Mercer Island
(425) 709-2345
erin.j.scannell@ampf.com
heritage-wealth.com
RHU
1,800
1.5
2.0
RBC Wealth Mgmt
Huntington
(304) 697-2119
david.j.miller1969@gmail.com
themillerinvestmentgroup.com
RHUFI
$1,290
$0.34
0.8
Andrew Burish
UBS Financial Services
Madison
(608) 831-4282
andrew.burish@ubs.com
ubs.com/team/burishgroup
RHU
$3,910
$2
3.0
David Spano
Annex Wealth Mgmt
Elm Grove
(262) 786-6363
dspano@annexwealth.com
annexwealth.com
RH
1,188
0.53
1.3
F Foundations
E Endowments
WASHINGTON
WEST VIRGINIA
David Miller
WISCONSIN
Specialties:
R Retail (<$1mil)
H High Net Worth ($1-10mil)
U Ultra-High Net Worth (>$10mil)
I Institutional
S16
BARRON’S
•
SPECIAL ADVERTISING SECTION
October 2, 2017
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
W E D N E S D AY, D E C E M B E R 1 3 , N E W Y O R K C I T Y
Join WSJ Pro journalists and cybersecurity experts for an exclusive event on cyber risks. Tailored to
the needs of senior managers, the Cybersecurity Executive Forum will help you navigate the everevolving cybersecurity landscape, from protecting data and staying compliant with major laws to
defending your business and how to respond should a crisis emerge.
SPEAKERS INCLUDE
Ajay
Arora
John P.
Carlin
Theresa
Payton
Stephen
Schmidt
CEO and
Co-Founder, Vera
Chair, Global Risk and
Crisis Management
Team, Morrison &
Foerster
CEO, Fortalice
Solutions; CIO,
The White House
(2006–2008)
VP, Security
Engineering and Chief
Information Security
Officer, Amazon
Web Services
Wednesday, December 13, 2017
The Grand Hyatt
109 E 42nd St, New York, NY 10017
Request your invitation today:
cyber.wsj.com
© 2017 Dow Jones & Co., Inc. All rights reserved. 4E5993
Документ
Категория
Журналы и газеты
Просмотров
17 842
Размер файла
12 357 Кб
Теги
Barron's, journal
1/--страниц
Пожаловаться на содержимое документа