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Barron's Magazine November 13 2017

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PLANNING FOR A HEALTHY RETIREMENT PAGE 25
•
VOL. XCVII
NO. 46
>
NOVEMBER 13, 2017
BACK TO THE FUTURE
HOW TRADITIONAL AUTO MAKERS
COULD SPEED PAST TESLA AND GOOGLE
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2
BARRON’S
November 13, 2017
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1
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Fidelity Brokerage Services LLC, Member NYSE, SIPC. © 2017 FMR LLC. All rights reserved. 791958.7.0
Table of Contents
Pullout Section Begins After Page 20
s 2017 Dow Jones & Company, Inc. All Rights Reserved.
Sony’s Snapback
Charting the Market M2
The Trader
Ben Levisohn
A disappointing week for
bulls and bears alike. Banks
can bounce back. High-yield
bonds take it on the chin. M3
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European Trader
Victor Reklaitis
Apple supplier AMS looks
like an attractive bet on facialrecognition technology. M6
Asian Trader
Assif Shameen
Stocking up on Nintendo
for the holidays. M7
Current Yield
William Watts
Trump’s Fed pick will have
his share of challenges. M10
Commodities Corner
Simon Constable
The Kurdish skirmish and
other factors that could
keep oil prices gushing. M11
Winners & Losers M12
13D Filings M13
Market Watch M14
17
Jack Hough
A slimmer Sony is heading for record profits, boosted by its popular
PlayStation 4 gaming console and camera chips. That could propel
shares of Japan’s consumer-electronics giant 20% higher in a year.
How artificial intelligence is rebooting Sony’s robot puppy, Aibo.
Leave ’Em on the Shelf
Randall W. Forsyth
Investors might get more
practice with market declines
as the GOP tax plan gels. 5
19
Teresa Rivas
A Green Light for Auto Stocks
Fund of Information
Lewis Braham
A rise in interfund lending
is reason for concern. 35
25
Four top advisors offer strategies for
avoiding common pitfalls when planning for your postcareer years. Tips
for navigating Medicare, long-term care insurance, reverse mortgages,
and more. Driving home the point that good health is what matters most.
33
Building the BMO TCH Core Bond fund piece by piece enables
Scott Kimball and his team to make focused bets on price dislocations.
One recent purchase: Valeant Pharmaceuticals. PLUS: Scoreboard.
Cover Illustration
Daniel Downey for Barron’s
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
Christopher Smart
The shifting role of the U.S. on the world stage poses
a greater political risk to global markets than unpredictable flare-ups
such as North Korea’s nuclear saber-rattling and Venezuela’s crisis.
OTHER VOICES:
Lewis Braham
What we can learn from recent
short selling in retail and oil. 36
Principles, by Ray Dalio.
What the Qur’an Meant—
And Why It Matters, by
Garry Wills. 37
Speaking of Dividends
PROFILE:
Coming Home to Roost?
ETF Focus
Balancing the Books
Teresa Rivas
Telecoms look tempting after
a tumultuous year—but be
wary of the highest yielders. 38
Research Reports M15
Insider Transactions M15
Buying PayPal now. 14
Alex Eule
Social anxiety is taking
a toll on tech. 32
HEALTH AND WEALTH ROUNDTABLE:
Sarah Max
Follow-Up
Tech Trader
Traditional auto makers look
cheap as they shift toward new technologies
and fine-tune their businesses. What’s ahead
for GM, Ford, Volkswagen, BMW, Daimler, and
Toyota—and the implications for upstart Tesla.
COVER STORY:
Mutual Funds: Bargains in Bond Land
Vito J. Racanelli
Why it would be wise for
investors to wait for the dust
to settle in Saudi Arabia. 9
How high can Bitcoin go?
The ticking debt bomb. 12
21
Beverly Goodman
Streetwise
Review & Preview
Andrew Bary
Our Guide to Retiring Well
Columns
Up & Down Wall Street
Procter & Gamble, Coca-Cola, Colgate-Palmolive, and other consumerstaples stocks are no longer the havens they once were, as Amazon.com
undercuts prices and undermines brand loyalty. Hefty valuations and
weak earnings forecasts make them ripe for a selloff.
Emerging Markets
Dimitra DeFotis
Saudi arrests raise questions
about Aramco’s IPO. M7
Striking Price
Steven M. Sears
The push for Bitcoin futures
has many experts on edge. M8
November 13, 2017
39
Index to Companies . . . . . . . 10
Mailbag Tax cuts. The limits of
artificial intelligence. . . . . . . . 38
Classified . . . . . . . . . . . . . . . . M16
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4
BARRON’S
November 13, 2017
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BARRON’S
Up & Down Wall Street
That Sinking Feeling
by Randall W. Forsyth
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M
Since then, across the East River in western Queens,
iar phenomenon last week—stocks did not rise. apartment towers have sprung up like mushrooms after a
In a long-ago time, the notion that stocks summer rain, presumably for folks priced out of Manhattan
could actually fluctuate down, as well as up, who know how to swipe a Metrocard or utilize a ridewas not alien to investors. But after eight weeks of uninter- sharing service during those rare hours when gridlock
rupted ascent, the appearance of a color other than green doesn’t calcify traffic. Cranes still abound, as most of these
on traders’ screens was disorienting. The major U.S. equity buildings remain under construction, awaiting sale or rental,
indexes actually ended lower, if only by 0.5% for the Dow supported by the abundant liquidity that keep markets
Jones Industrial Average and 0.2% for the
everywhere afloat.
Standard & Poor’s 500 index and the Nasdaq
The surfeit of cheap credit justifies the
Composite, which nonetheless sparked fretful Bitcoin, stocks, bonds, exalted valuations of an array of assets. Corpoheadlines about fears that the bull market’s
rate bonds fall into that class. Investmentand a luxe condo in grade bonds have been sought by institutions
run may be fading.
Trees don’t grow to the sky, goes the marManhattan all move around the globe in need of assets to fund
ket adage, and it seems that the bull was due
long-term liabilities and hungry for anything
in an unfamiliar
for a rest after his two-month run. But there
with a positive yield. (Some $10 trillion of govwere other signs that the ascent to the heavernment debt pays negative yields, according
direction: south.
ens among various asset classes was at least
to JPMorgan’s latest tally, which means that
due for a pause. Bitcoin, which millennials
investors are actually paying sovereign borprefer over stocks, also dipped, at least pausing its bottle- rowers for the privilege of lending them money.)
rocket rise this year.
In the U.S., borrowers are still expected to pay for
Back on terra firma, Barron’s alum Jim Grant’s Almost credit, and the tab could be going up with tax reform. LowDaily Grant’s online newsletter notes that the unthinkable ering the statutory federal corporate tax rate to 20% from
has happened in New York City real estate: a foreclosure the current 35%, as contemplated by the bills wending their
on “Billionaires’ Row,” notably One57, the ultraposh condo- way through the House of Representatives and the Senate,
minium tower that takes its name from the famous street would mean that Uncle Sam would be picking up a smaller
on which it’s located. “I’ll Take Manhattan” has been a portion of the interest tab. The measures also contemplate
favorite tune of globe-trotting plutocrats who have viewed capping the deductibility of interest at 30% of companies’
flats on the island as the equivalent of a safe-deposit box operating cash flow (earnings before interest, taxes, deprewith a view. Indeed, as the Grant’s dispatch relates, such ciation, and amortization, or Ebitda).
trophy properties were “better than gold because you can
The latter cap would appear to crimp mainly highly
boast about it.”
leveraged firms, such as those that populate the high-yield
But now, it continues, the buyer of one such trophy, Nige- bond market. According to Thomas Tzitzouris of Strategas
rian businessman Kola Aluko, is under investigation by the Research Partners, there are at least 55 nonfinancial compaDepartment of Justice for alleged money laundering. He nies in the S&P 1500 (consisting of the large-cap S&P 500,
paid a bit less than $51 million in 2014 for his unit, which the mid-cap S&P 400, and the small-cap S&P 600) that have
recently sold for $36 million, after having been listed earlier incurred net interest exceeding 30% of Ebitda for at least
this year at $39 million. That sequence of events followed two of the past three years. These companies have higher
“after debt collection firm Campion Maverick Inc. lowered default risk than the companies in the Barclays High-Yield
the boom on Aluko,” according to Grant’s.
Index and the Russell 2000 Index, he finds.
Like stocks, prices of New York City real estate are
More importantly, limits on tax deductibility appear to be
supposed to go in only one direction. A Grant’s conference the “final straw” for high-yield companies, says Strategas.
presenter back in 2015 suggested that there was a finite Their bonds were too low in yield by 60 to 70 basis points
number of buyers for 1,000-square-foot, $2 million apart- (hundredths of a percentage point), according to the firm,
ments, especially in the absence of purchasers from China prior to a selloff last week. Moreover, from Nov. 1 to Nov. 8,
and Russia.
their stocks trailed the market. “The clear message here is
ARKET WATCHERS ENCOUNTERED AN UNFAMIL-
5
6
BARRON’S
Up & Down Wall Street
“At the end of the day, the message is clear:
Be disciplined about price, don’t overreact to
headline news and be a long-term investor.”
— Jim Cullen, Chairman & CEO
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November 13, 2017
continued
that tax reform is unlikely to be a positive
for firms struggling under enormous debt
burdens,” writes Tzitzouris in a client note.
To be sure, bad earnings news battered
individual high-yield bonds, as Ben Levisohn details in the Trader column on page
M3, notably telecommunications and
health-care credits. Much of the selling was
seen in the popular exchange-traded funds
that both institutional and individual investors use to get into (or in this case, out of)
the sector.
Cliff Noreen, deputy chief investment
officer of MassMutual, observes that the
iShares iBoxx $ High Yield Corporate
Bond ETF (ticker: HYG) traded more
than three times its average daily volume
in Thursday’s selloff.
Blue-chip borrowers also hit the market
with huge deals, notably Oracle (ORCL)
and United Parcel Service (UPS), with
$10 billion and $5 billion-plus offerings,
respectively. Unlike in the past, Noreen
points out, it has become less of a sellers’
market, so buyers had to be enticed with
somewhat higher yields. The UPS financing in part went to fund its pension plan.
As noted here previously, it has been
cheaper to borrow money to cover pension
shortfalls than paying penalties to the
Pension Benefit Guaranty Corp.
I
N ADDITION TO SUCH BORROWINGS,
companies have exploited the bond
market to fund the return of capital
to shareholders, both via stock buybacks and dividends. Low interest rates,
which facilitate this capital-structure arbitrage, have been a major justification for
exalted valuations.
But, counters Doug Ramsey, chief
investment officer at the Leuthold Group,
what if those low rates actually reflect
weak fundamentals? In the 10 years since
the previous market peak in October 2007,
low interest rates have allowed an expansion of the market’s price/earnings ratio.
And those rates have reflected the doleful
reality of punk earnings growth over that
span, he asserts.
Here are the numbers he showed us in
a visit last week. The S&P 500’s 12-month
trailing earnings per share, based on generally accepted accounting principles, grew
just 2% annually over that decade, or an
aggregate 22.5%. That’s even with the
shrinkage of the share count facilitated by
buybacks, Ramsey says. At the same time,
the P/E multiple, based on trailing GAAP
earnings, expanded by a third, to 24.5
times from 18.4.
Ramsey says that the unluckiest investor,
who bought the S&P 500 at the market’s pre-
vious peak in October, 2007—just before the
worst financial crisis and severest economic
downturn since the Great Depression—
realized a total return of 7.3% per annum,
including dividends. But despite the assertions of an earnings-driven market, the
returns of the past decade really have come
from increases in valuation, his data show.
P
rofits would benefit from the taxreform plans being considered by
Congress, although the stock market has been discouraged by the
Senate’s version, which would delay a cut in
the corporate rate until 2019, rather than
2018. According to Charles Gabriel of Capital Alpha Partners, the market is being too
pessimistic.
The House and the Senate may compromise, possibly splitting the difference by
having the rate cut become effective on
July 1. Full expensing of capital expenditures would be a big boost to corporations,
along with repatriation of cash held overseas. Republicans may have an extra impetus to get a bill passed before year end,
especially given the accusations that GOP
Alabama senatorial candidate Roy Moore
sexually assaulted minors four decades ago.
The loss of a Republican seat could hurt the
chance of passage of the tax bill, considering the slim majority that the GOP has in
Congress, as the failed health-care repeal
effort demonstrated.
There are lots of legislative hoops to
jump through, but Gabriel writes that “the
bigger risk is to the quality of an eventual
deal, rather than passage itself. And for
these reasons, we expect to raise our odds
of winter tax reform from 60% to 75% or
higher.”
As for the “quality” of the tax deal,
Morgan Stanley analysts suggest that the
House is in the driver’s seat on the crucial
issue of ending or continuing the state and
local tax deduction. The analysts cite the
Hill newsletter’s report that six House
Republicans have said they would vote
against reform if that tax break is cut, even
if a $10,000 deduction for property taxes is
substituted for it. More may oppose the bill
if the deduction is eliminated entirely, as
the Senate bill would do.
More than ever, what happens in Washington doesn’t stay in Washington, but reverberates on Wall Street. The fate of corporate
taxes and cuts or curbs on interest deductions are major factors affecting the stock
and bond markets.
Investors shouldn’t be surprised that
markets can move both up and down. email: randall.forsyth@barrons.com
November 13, 2017
BARRON’S
7
Managed by the portfolio team
at Dimensional Fund Advisors
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BARRON’S
November 13, 2017
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1936149
November 13, 2017
BARRON’S
Streetwise
Saudi Puzzle for Investors
by Vito J. Racanelli
In a recent report, Eurasia Group said that while the purge will probaprinces, and antiquated form of government, seems bly succeed, the short-term chances of a destabilizing conflict have
like a Rubik’s Cube puzzle, maddening to understand. increased to 20% from 10%. Saud family members opposed to MbS will
Unlike that plastic block of twisting and turning be incentivized to organize before they are arrested. Unrest should not
squares, however, Saudi Arabia matters: It sits on 266 be ruled out, Eurasia wrote.
billion barrels of oil. Although few Western investors
Is Saudi Arabia a reliable investment partner? Croft says there is more
venture into the Saudi stock market’s relatively tiny investor confidence in MbS because he has been able to push through
Tadawul All Share Index, whose capitalization of $701 billion is roughly social reforms. But the crown prince has to persuade wealthy Saudis to
three-fourths that of Apple (ticker: AAPL), crude makes
keep their money in the country and invest. He also has to
the world go round, and investors ignore the Arabian
gather capital for his Public Investment Fund, or PIF—
“The crown prince
Peninsula at their peril.
reportedly around $200 billion—to invest in the country.
is obsessed with
Reverberations from a Nov. 4 palace coup in Saudi
He seems to have things in hand now, but our guess is
Arabia—pulled off by Crown Prince Mohammed bin
that an investor who wants to put big bucks into the couneconomic reforms. He try or partner with its sovereign wealth fund should wait
Salman, colloquially known as MbS—are likely to be felt
for a long time. The government arrested and detained
has no choice,” says until the dust settles—if it does.
dozens of princes, ministers, and businessmen accused of
“It’s not clear how successful he will be a few years
a Stratfor analyst.
corruption, and quickly froze some of their assets. The
from now,” says Emily Hawthorne, a Stratfor Middle East
Wall Street Journal reported that the Saudi government
and North Africa analyst. “There is a lot of tough work
is seeking to seize up to $800 billion in assets in the crackdown.
ahead of him. With the family, it will be a struggle….He has no choice
Western investors have never had a clear window into the opaque but to attract capital from the rest of the world.”
workings of the Saudi royal government, and the latest moves probably
have many scratching their heads. What does it mean for the investment One way to do so will be through a partial sale of Saudi Arabian Oil
climate in the kingdom and for the Middle East? Was this really an anti- Company, or Aramco. Some expect $100 billion to be added to the PIF
corruption roundup, as billed, or a power grab by the crown prince?
from a potential listing of Aramco. Croft believes an initial public offer“A little of both,” says Helima Croft, global head of commodity strat- ing of Aramco, which could make it the largest publicly traded company
egy and global research at RBC Capital Markets and a specialist in the in the world, will move forward. (For more on Aramco, see page M7.)
geopolitics of the Middle East. MbS is trying to displace the old guard
MbS apparently has the Saudi people on his side, particularly those
as he consolidates power, the better to implement market-friendly under 30, who make up roughly 70% of the population, says Abdeslam
reforms and new social freedoms for Saudis, particularly women, she Maghraoui, professor of political science at Duke University. The genersays. (A recent interview with Croft is available at Barrons.com.)
ational demographics are “working for MbS.”
Sounds pretty good, as far as it goes. MbS has received good press
But a big drop in oil prices has hurt the country’s economy, which is
for charging ahead on needed reforms. Women will be allowed to drive showing no growth. Saudi Arabia’s rapid population increase means it
next June. It’s not an exaggeration to say that he’s attempting to drag must diversify away from oil. The fiscal deficit has risen to about 17.2%
his country out of the past and into the 21st century.
of gross domestic product from 15.8% in 2015, while international reserves
While investors should root for the reforms that MbS is pushing, be have dropped to $485 billion from nearly $750 billion three years ago.
wary of the unilateral way he has done it. Top-down changes sometimes “This prince is obsessed with economic reforms,” says Stratfor’s Hawdon’t last. The “earthquake” of arrests “won’t end now,” says Marcus thorne. “He has no choice.”
Chenevix, an analyst at TS Lombard in London. “We’re waiting for the
Investors do, however. Saudi Arabia didn’t have the rule of law before
aftershocks. MbS will continue to consolidate power. Whether he can the crackdown, and it doesn’t now. Nor does it have a clear path to rule
reform the kingdom is another matter.”
of law. Investing in Saudi Arabia, or with its PIF, remains speculative.
Moreover, the regional situation is fluid and troubling. The Saudi govAs Blake Clayton, an analyst at Rondure Global Advisors, puts it,
ernment told its citizens on Thursday to leave Lebanon, and MbS has a standout companies in the region are the exception. “The Middle East
relatively hawkish foreign policy that so far has been highlighted by tough can be the type of place where you’re more worried about a return of
words with Iran and severed diplomatic relations with neighboring Qatar. your capital than a return on your capital,” he says.
In the short term, at least, political risk has risen in the country and
Perhaps MbS will “solve” the Saudi Arabian Rubik’s Cube. If he
surrounding nations, some of which are unstable or plagued by civil war. doesn’t, dark days could follow. 
SAUDI ARABIA, WITH ITS RULING FAMILY, HUNDREDS OF
9
10
BARRON’S
November 13, 2017
Index To Companies
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
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 Abercrombie & Fitch . . . . . . . . . . . . . . . . . . . . . 13
ACI Worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Advanced Micro Devices . . . . . . . . . . . . . . . M15
AerCap Holdings . . . . . . . . . . . . . . . . . . . . . . . . . 13
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,32
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . 19,34,36
Amplify Online Retail . . . . . . . . . . . . . . . . . . . . 36
AMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
A.P. Moller-Maersk . . . . . . . . . . . . . . . . . . . . . . M6
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,M6
Applied Optoelectronics . . . . . . . . . . . . . . . . . M2
Argenx . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
AT&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,38,M5
Automatic Data Processing . . . . . . . . . . . . . . . 12
J J.C. Penney . . . . . . . . . . . . . . . . . . . . . . . . . M2,M5
Johnson Controls International . . . . . . . . . . M2
JPMorgan Chase . . . . . . . . . . . . . . . . . . . . . . . . M8
B Bausch & Lomb . . . . . . . . . . . . . . . . . . . . . . . . . M2
Bayer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Becton, Dickinson . . . . . . . . . . . . . . . . . . . . . . . . 34
Best Buy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
BlackRock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
BMO TCH Core Plus Bond . . . . . . . . . . . . . . 33
BMW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Boingo Wireless . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Bright Scholar Education Holdings . . . . . . . 13
Broadcom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Burberry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M6
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C CA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Campbell Soup . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Cboe Global Markets . . . . . . . . . . . . . . . M8,M15
CenturyLink . . . . . . . . . . . . . . . . . . . . . . . . . 38,M5
CME Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
Coca-Cola . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,19
Colgate-Palmolive . . . . . . . . . . . . . . . . . . . . . . . . 19
comScore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Consolidated Communications Holdings . . 38
Consumer Staples Select Sector SPDR . . . 19
C.R. Bard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
CVS Health . . . . . . . . . . . . . . . . . . . . . . . . . . . . M15
F Facebook . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Fastenal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M15
Foot Locker . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Ford Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Frequency Electronics . . . . . . . . . . . . . . . . . M13
Frontier Communications . . . . . . . . . . . . . . . M5
FTI Consulting . . . . . . . . . . . . . . . . . . . . . . . . . . 13
G G1 Therapeutics . . . . . . . . . . . . . . . . . . . . . . . . . 13
General Electric . . . . . . . . . . . . . . . . . . . . . . . 13,34
General Motors . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Gogo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Goldman Sachs Group . . . . . . . . . . . . . . . . . . . M8
M M&T Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Marvell Technology Group . . . . . . . . . . . . . M16
Mastercard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Mazor Robotics . . . . . . . . . . . . . . . . . . . . . . . . M13
Michael Kors Holdings . . . . . . . . . . . . . . . . . . M2
Microsoft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,32
Mondelez International . . . . . . . . . . . . . . . . . . . 19
K Karyopharm Therapeutics . . . . . . . . . . . . . . M13
KKR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Kroger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
L L Brands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
LendingClub . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Liberty Interactive . . . . . . . . . . . . . . . . . . . . . . . 13
Liberty Media . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Ligand Pharmaceuticals . . . . . . . . . . . . . . . . . . 13
N Nestle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19
NetApp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Newtek Business Services . . . . . . . . . . . . . . . . 13
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E EQT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Limelight Networks . . . . . . . . . . . . . . . . . . . . . . 13
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H Hardinge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Hertz Global Holdings . . . . . . . . . . . . . . . . . . M2
Home Depot. . . . . . . . . . . . . . . . . . . . . . . . . .13,M3
I Ingredion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M15
Intellia Therapeutics . . . . . . . . . . . . . . . . . . . M13
Interactive Brokers Group . . . . . . . . . . . . . . M8
iPath S&P 500 VIX ST Futures . . . . . . . . . . 36
iShares iBoxx $ High Yd Corp Bd . . M5,M14
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Nielsen Holdings . . . . . . . . . . . . . . . . . . . . . . . M13
Nintendo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
NMI Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
O Oracle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Overstock.com . . . . . . . . . . . . . . . . . . . . . . . . . . M2
P Paccar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
PayPal Holdings . . . . . . . . . . . . . . . . . . . . . . . . . 14
Porsche Automobil Holding . . . . . . . . . . . . . . 23
Post Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Procter & Gamble . . . . . . . . . . . . . . . . . . . . . . . . 19
Q Qualcomm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Quanta Services . . . . . . . . . . . . . . . . . . . . . . . . M16
R RH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Rice Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . M13
Rockwell Automation . . . . . . . . . . . . . . . . . . . . . 13
Roku . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
S Sally Beauty Holdings . . . . . . . . . . . . . . . . . . . . 13
Samsung Electronics . . . . . . . . . . . . . . . . . . . . . 17
Sberbank Rossia . . . . . . . . . . . . . . . . . . . . . . . . M7
SeaWorld Entertainment . . . . . . . . . . . . . . . M13
Siemens Gamesa Renewable Energy . . . . M6
Snap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,32
Sony . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
SPDR S&P Bank . . . . . . . . . . . . . . . . . . . . . . . M4
SPDR S&P Oil & Gas E&P . . . . . . . . . . . . . . 36
SPDR S&P Retail . . . . . . . . . . . . . . . . . . . . . . . 36
SPDR S&P Telecom . . . . . . . . . . . . . . . . . . . . . 38
Sprint . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,38,M5
T Talend . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Target . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Tencent Holdings . . . . . . . . . . . . . . . . . . . . . . . . 12
Tenet Healthcare . . . . . . . . . . . . . . . . . . . . . . . M5
Tesla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Teva Pharmaceutical Industries . . . . . . . . . M5
Time Warner . . . . . . . . . . . . . . . . . . . . . . 12,38,M5
TJX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
T-Mobile US . . . . . . . . . . . . . . . . . . . . . . . 12,38,M5
Toyota Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Travelers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
TripAdvisor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
TrueCar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M2
Twenty-First Century Fox . . . . . . . . . . . . . . . 12
Twitter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Tyson Foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
U Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
United States Oil . . . . . . . . . . . . . . . . . . . . . . . M11
Universal Forest Products . . . . . . . . . . . . . . . 13
V Valeant Pharmaceuticals Int’l . . . . . . . . . 34,M2
VanEck Vectors Semiconductor . . . . . . . . . . . 36
Verizon Communications . . . . . . . . . . . . . . . . . 38
Volkswagen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Volvo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Voyager Therapeutics . . . . . . . . . . . . . . . . . . . . 13
W Wal-Mart Stores . . . . . . . . . . . . . . . . . . . 13,19,M3
Walt Disney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Workday . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
November 13, 2017
BARRON’S
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11
12
BARRON’S
November 13, 2017
Review
Last Week: Review
Dow Indicator
Dow Industrials
23422.21
They Said What?
The price of Bitcoin hit a new high
last week and has roughly doubled
in the past couple of months to a
recent $6,600.
Where will it go next?
Thomas Lee
“While Bitcoin is volatile (and unpredictable short
term), we believe it will ultimately be embraced as
‘digital gold,’ and if it captures 5% of that market,
it is worth $25,000 per coin.”
Nicholas Colas
Co-founder, DataTrek Research
“The recent increase in Bitcoin’s value is somewhat
unique to that cryptocurrency—most others have
not rallied as much. We expect a month or two of
stagnant prices for Bitcoin as other offerings
catch up.”
Mark T. Williams
Professor of finance, Questrom School of Business, Boston University
“Bitcoin has provided investors with massive returns
in 2017 as a one-way space rocket, finally attracting
the attention of large hedge fund speculators. Having an efficient tool to short Bitcoin with upcoming
futures products opens up the real possibility of
massive price swings in 2018.”
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
Managing partner, Fundstrat Global Advisors
Bill Miller
Chairman and CIO, Miller Value Partners
“No idea. It is likely to continue to be very volatile,
both up and down.”
—AVI SALZMAN
– 116.98
Dow Global Index
A Different Tax Plan
Senate Republicans disclosed their
version of tax reform, with important differences from the House
proposal. The Senate bill would
delay a corporate tax cut until
2019, and double the estate-tax
exemption to a maximum of about
$11 million per person while leaving the 40% tax in place. Also, the
Senate would end deductions for
state and local taxes, set a top tax
rate of 38.5% for individuals, leave
the seven-bracket structure in
place, and keep the mortgage-interest deduction cap of $1 million.
384.89
– 0.93 10-Year Treasury Bonds
He Said:
“China will not
close its doors.
It will open them
even wider.”
Companies will
see China’s market
as “more open,
more transparent,
and more orderly.”
Deadly Shooting in Texas
Chinese President Xi Jinping, at
a news conference with Trump
AT&T’s Deal in Focus
Markets Waver
Equity markets saw gains trimmed
by uncertainty over tax reform. On
the week, the Dow Jones Industrial
Average fell 0.5% to 23,422.21, the
Standard & Poor’s 500 index was
down 0.21% to 2582.30, and the
Nasdaq Composite slipped 0.2% to
6750.94.
The Dems Have It
Democrats captured the governorships of Virginia and New Jersey,
in a rebuke to President Donald
Trump. Democrats ran up large
pluralities in suburban areas.
China Deals
Trump’s trip to China was said
to net $250 billion in deals for
U.S. companies, in the form of
memorandums of understanding.
A 26-year-old man who had been
convicted in an Air Force court
martial opened fire on a church in
rural southeastern Texas, killing 26
people, including young children.
The shooter killed himself after a
car chase. Police speculated that
the man, who had served military
detention for assaulting his first
wife and infant stepson, was embroiled in a dispute with his second
wife’s parents.
The CEO of AT&T said he is prepared to go to court to win Department of Justice approval for the
telecom giant’s proposed $85 billion
takeover of Time Warner. At a
conference, Randall Stephenson
refuted a story that he was considering selling CNN to get the deal
approved.
It’s a Snap
Palace Intrigue
In an anti-corruption crackdown,
Saudi Crown Prince Mohammed
bin Salman rounded up more than
five dozen princes. The government
aimed to take control of up to $800
billion of assets in the crackdown.
Oil spiked on the news, ending the
week at $56.74 a barrel, up 1.98%.
The Saudis also charged Iran with
an “act of war” when a missile was
fired at the capital from Yemen.
2.40 + 0.06
The Numbers
The National Association of
Realtors produces a median sales
price for single-family homes.
$246,800: Recent price,
September 2017
$265,500: Peak,
June 2017
$154,600: Recent low,
January 2012
$230,900: Distant peak,
July 2006
$19,700: 50-year low,
March 1968
Shares of Snap plunged after it
said its quarterly loss more than
tripled. Snap disclosed that China’s
Tencent Holdings recently bought
a 12% stake in the company.
One Big Merger
Broadcom offered $70 a share,
or a total of $103 billion, to take
over Qualcomm. The cash-andstock deal was a 28% premium
over Qualcomm’s pre-bid price.
A Qualcomm spokesman declined
to comment.
In Brief
Activist William Ackman lost his
bid for three seats on Automatic
Data Processing’s board.
Walt Disney held talks to buy
assets of Twenty-First Century
Fox.
Merger talks between Sprint
and T-Mobile US collapsed.
New York Fed President William
Dudley will retire next year—early.
November 13, 2017
BARRON’S
13
Preview
This Week: Preview
information about coming
economic reports–and
what they mean–go to
Barrons.com’s free
Economic Calendar.
Monday 13: General Electric outlines its strategy
to investors. President Trump attends the U.S.-Asean
summit conference in the Philippines.
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
Monday 13
Tuesday 14
Investors will be all ears at General
Home Depot and TJX report quarterly
profits.
conference.
Treasury issues the monthly budget
statement for October.
Fed Chair Janet Yellen, ECB President
Secretary of State Rex Tillerson visits
AerCap Holdings, FTI Consulting, and
Travelers host investor meetings.
Tyson Foods hosts an earnings call.
President Donald Trump attends the
U.S.-Asean summit in the Philippines.
IPO lockup restrictions expire on G1
Therapeutics.
Mario Draghi, and BOJ Governor Haruhiko Kuroda speak at an ECB conference on central bank communication.
Chicago Fed President Charles Evans
a forum on the opioid crisis.
Consensus
Estimate
M
Synchronoss Technologies (3Q)
Aecom (4Q)
Tyson Foods (4Q)
T
Esco Technologies (4Q)
Year
Ago
$0.31 $0.68
0.73 0.65
1.38 0.96
0.74
0.67
More Earnings on Page M36.
Wal-Mart Stores, Best Buy, and
gredion, Ligand Pharmaceuticals,
and Talend meet analysts, investors.
Lockup restrictions end on Argenx and
Bright Scholar Education Holdings.
speaks about the economy and monetary policy.
Wednesday 15
Time
8:30
An FDA advisory panel reviews a
Bayer drug to treat non-cystic fibrosis
bronchiectasis.
Bluegreen Vacations is set to price 6.5
Target, NetApp, and Sally Beauty
Holdings report quarterly results.
million shares at an average of $17
each. Sailpoint Technologies prices 20
million shares at an average of $10
each. Stitch Fix prices 10 million
shares at an average of $19 each.
Newtek Business Services, CA, and
Limelight Networks meet with
The University of Michigan hosts an
economic outlook conference.
Consensus Est
Last Period
0.4%
0.1%
0.0%
0.4%
0.5%
1.6%
0.7%
9:15
9:15
October Industrial Production
October Capacity Utilization
0.5%
76.3
0.3%
76.0
8:30
October Housing Starts
1,193,000
1,127,000
F
Voyager Therapeutics participates
in an R&D day.
sales for September are reported.
0.1%
TH
Liberty Media, Liberty Interactive,
RH, and Rockwell Automation meet
with analysts and investors.
participates in a moderated Q&A.
October CPI
October Retail Sales
September Business Inventories
8:30
8:30
10:00
Coca-Cola hosts an investor day, and
Dallas Fed President Rob Kaplan
October PPI
W
L Brands host earnings calls.
Consumer prices for October and retail
Consensus Estimate
Day
T
The Committee for Economic Development hosts its fall policy conference.
Thursday 16
REITworld begins in Dallas.
Day
Myanmar.
ACI Worldwide, Boingo Wireless, In-
Universal Forest Products splits, 3 for 1.
Coming Earnings
Workday is at the Rising Europe 2017
speaks at the ECB conference.
St. Louis Fed President James Bullard
The American Enterprise Institute hosts
Triggering a Debt Bomb
investors and analysts.
Electric’s update.
Markets are closed in Canada for
Remembrance Day.
Tax Reform Consequences
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
Friday 17
Abercrombie & Fitch, Foot Locker,
and Post Holdings announce their
latest financial results.
Gogo and NMI Holdings meet with
analysts and investors.
It’s more than a little curious that conservative politicians, who once espoused conservative principles with
respect to the federal debt, have been notably absent
from the debate over tax reform. But the uncomfortable reality of the U.S.’s exploding debt is likely to take
center stage once more when the agreement to
suspend the debt ceiling expires early next month.
The situation, already dire, has worsened considerably in the roughly two months since President Donald
Trump cut a deal with Democratic congressional leaders Nancy Pelosi and Chuck Schumer. According to
Wolf Richter, publisher of the blog Wolf Street, the
national debt has spiked by $640 billion in that span.
In a recent column, Richter noted that in the past
six years, the debt has ballooned by $5.7 trillion, to
$20.5 trillion. He further points out that the past three
debt-ceiling fights have been followed by enormous increases in the debt.
Richter says that debt as a
percentage
of gross domestic
With U.S. debt as a
product
stands
at 105%. He
percentage of GDP
adds
that
Fitch
Ratings has
at 105%, the risk is
estimated
that
the
figure will
that we’ll eventually
rise to 120% in 10 years.
try to inflate our
One corporate leader who
way out of it.
opposes adding to this national
burden is Howard Schultz, executive chairman of Starbucks. “It’s insanity. It’s not right,” he said at The New
York Times Dealbook conference last week.
Although Richter doesn’t believe the U.S. will
default on its obligations, he fears it might try to inflate
its way out of it. “So long as the market is half-asleep,
it’s OK,” he says, but when it “realizes that we have
a little problem here,” the yield on the 10-year Treasury bond, currently a bit over 2%, will jump to 5%.
Spike
Treasury Auctions: Page M35
Edited by Robin Goldwyn Blumenthal
William Waitzman for Barron’s
For more
14
BARRON’S
November 13, 2017
A Return Visit to Earlier Stories
After a Big Jump, PayPal Still Looks Like a Buy
Touch system, which lets users pay for easier for users to buy things with their
items online with a click. The company’s preferred payment methods.
success in mobile commerce is one reason
PayPal shares are up 23% since we recHuff argues that PayPal deserves its higher ommended them three months ago (“Why
valuation, relative to its payments peers. At
Mobile makes
$74, the company trades at 33 times next
up more
year’s consensus earnings estimate of $2.27
than a third
a share. Visa (V) and Mastercard (MA)
of PayPal’s
change hands at 27 and 28
volume.
times, respectively.
Despite having more than PayPal Holdings
200 million active users, Pay- (PYPL - Nasdaq)
Pal is picking up the pace at
which it adds new members.
Investors had come to expect
about six million new active
users a quarter, but PayPal
added eight million in its most
recent quarter, thanks to recent efforts to simplify the
sign-up process and make it
Weekly close on Nov. 9
8/26/17
$80
70
60
50
40
30
’16
’17
PayPal Still Has Room to Grow,” Aug. 26)
but one potential big growth catalyst that
we cited then hasn’t even had a chance to
play out yet.
The company is broadly rolling out Pay
With Venmo, a feature that will allow it to
finally start generating revenue from its
popular Venmo service, which allows users
to send money to their friends for free.
“Pay With Venmo should turbocharge
PayPal’s revenue and earnings growth over
the next few years,” Evercore analyst David Togut says. He thinks the feature will
contribute a few cents to EPS in 2018 and
2019, as it slowly builds momentum. By
2021, he sees Pay With Venmo adding 50
cents to per-share profits.
Pay With Venmo is just one reason why
PayPal shares could rise another 15% in
the next year, to $85, Togut contends.
—EMILY
Source: Bloomberg
BARY
Motivated investing
International companies with sustainable competitive advantages at attractive valuations.
1 Year Cumulative Index Return
Morningstar ® Global ex-US Moat Focus IndexSM
27.8
9/30/16-9/30/17
30
25
20
15
10
MSCI All Country World Index ex USA
19.6
5
RetuRn (%)
PayPal
The company has been one of the year’s
big winners, with shares up 87% in 2017.
Yet despite this huge rise, there’s likely
further upside ahead. “We don’t know of
another payments company that’s as
highly exposed to the very fast-growing
mobile commerce trend,” says Stephens
analyst Brett Huff, who cites “a scarcity of
ability to invest purely in e- and mobile
commerce.”
Mobile now accounts for just over a
third of PayPal’s total volume, and this part
of the business is expanding faster than the
overall company. PayPal (ticker: PYPL)
processed 54% more mobile volume in the
latest quarter than it did a year earlier.
Retailers have long struggled with high
abandonment rates for mobile shopping
carts, but PayPal is able to drive strong mobile conversion, in part due to its One
s
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PAYPAL HOLDINGS KEEPS CHARGING AHEAD.
0
10/2016
11/2016
12/2016
1/2017
2/2017
3/2017
4/2017
5/2017
6/2017
7/2017
8/2017
9/2017
-5
Index performance is not illustrative of Fund performance. Source: Morningstar.
MOTI® VanEck Vectors® Morningstar International Moat ETF
vaneck.com/motivated
VanEck Vectors® Morningstar International Moat ETF (MOTI®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global ex-US Moat Focus IndexSM, which is intended to track the overall
performance of attractively priced companies, outside the U.S., with sustainable competitive advantages according to Morningstar’s equity research team. Indices are unmanaged and are not securities in which an investment can be made.
Index performance is not representative of Fund performance. For Fund performance current to the most recent month-end, visit vaneck.com.
The Morningstar® Global ex-US Moat Focus IndexSM was created and is maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote the VanEck Vectors Morningstar International Moat ETF, and bears no liability
with respect to that ETF or any security. Morningstar® is a registered trademark of Morningstar, Inc. Morningstar® Global ex-US Moat Focus IndexSM is a service mark of Morningstar, Inc.
An investment in VanEck Vectors® Morningstar International Moat ETF (MOTI®) may be subject to risks, which include, among others, equity securities, investing in the financial services and consumer discretionary sectors, and medium-capitalization
companies, which may make these investments volatile in price or difficult to trade. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and
changes in currency exchange rates, which may negatively impact the Fund’s returns. The Fund’s assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.
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Van Eck Securities Corporation, Distributor, 666 Third Avenue, New York, NY 10017
November 13, 2017
BARRON’S
15
There are plenty of places to find ETFs.
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Fidelity Brokerage Services LLC, Member NYSE, SIPC. © 2017 FMR LLC. All rights reserved. 821048.1.0
16
BARRON’S
November 13, 2017
It Starts with a
Conversation
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Talking to investors about
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282704 | 02619
November 13, 2017
BARRON’S
17
Powered by gaming and camera chips, Sony is on a roll for the first time in years. A hit
movie or two would make the good times even better. The stock could rise another 20%.
Sony Recaptures Its Youthful Bounce
by Jack Hough
ing profits shot 153% higher, to JPY104.8 billion, on demand for
chips for smartphones and videogame systems camera chips for smartphones, including Apple’s iPhones.
and software are marching higher. Television There is more than just unit phone growth at work: High-end
and music profits have pleasantly surprised. smartphones use multiple cameras for new tricks, such as
Money-losing businesses have been shrunk shooting sharply focused faces against blurry backgrounds.
or sold. Profit margins are the highest
Don’t confuse the semiconductor business, which includes
since the late 1990s. Operating profit camera chips, with the imaging business, which includes handduring the current fiscal year through held digital cameras and camcorders. That unit is profitable but
March looks likely to hit a record— slow-growing, although the growth rate has been skewed
and continue rising. This month, for higher by comparisons with earthquake-related disruption a
the first time in more than a year ago. Operating profit there rose 20%, to JPY42.1 billion,
decade, Sony reintroduced a popular during the first half. The financial-services division, which
pet project in Japan: Aibo, its robot includes real estate lending, is a consistent money maker, if an
puppy. New artificial-intelligence capabili- awkward fit for the rest of the portfolio. First-half operating
ties will help each Aibo learn unique behavior profit there was little changed at JPY82.8 billion.
based on interactions with its owner.
Shareholders are tickled. Sony’s American Two slowpoke divisions surprised to the upside. Home
depositary receipts (ticker: SNE) are up more than entertainment and sound include what’s left of Sony’s TV busi170% since Barron’s began recommending them about ness, and sales there are benefiting from an industry upswing
three years ago (“Sony Can Surge by 40%,” Oct. 15, as consumers upgrade to OLED and 4K screens. First-half
2014). That’s after a slip in the yen versus the dollar; the operating profit: JPY47 billion, up 9%. And the music division
ordinary shares in Tokyo (6758.Japan) have done a little reported a 25% surge in operating profit, to JPY57.5 billion.
better. There’s still room for improvement, how- Following the death of song downloads, Sony has learned to
ever. Look for 20% more upside for the make money in streaming. It’s also cashing in on something
called Fate/Grand Order, a hit role-playing game packaged as
ADRs over the coming year.
Just five years ago, Sony was hobbled a smartphone app, which Sony counts toward its music busiby hubris. The once-dominant consumer- ness rather than its gaming one.
Not everything is prospering. Sony’s smartphones continue
electronics maker had fallen far behind
in sales of televisions, personal comput- to get squeezed out by Apple and Samsung at the high end and
ers, smartphones, and more. Yet it was by Chinese brands at the low end. And Sony Pictures is a
still spending sums on corporate overhead mess. Its crown jewel is the Spiderman franchise, and Spiderand research that rivaled the outlays of in- man: Homecoming, which released in June, was well reviewed
dustry giants Apple (AAPL) and Samsung and did solid box-office numbers. Yet the pictures business lost
Electronics (005930.Korea). Monstrous losses money during the first half—and Spiderman: Homecoming 2
resulted. Over the two fiscal years that ended in March isn’t slated for release until July 2019.
On the bright side, neither mobile communications nor the
2012, Sony posted a cumulative loss of more than $9 billion—
pictures business is subtracting much from overall results: Durabout half of its stock market value at the time.
Enter bloat-cutter Kenichiro Yoshida, hired in 2013 and ing the first half, negligible profits from the former offset a
made chief financial officer the following year. Sony sold its tiny loss from the latter. Rumors abound that Sony will sell its
Vaio computer line in 2014, restructured its TV business, cut pictures business, which management denies. So long as it can
back on smartphones, and laid off thousands. The early result stay close to break-even, it can hold out for better days at the
was more losses on restructuring charges. But as unprofitable box office, or at least for new ways to use its PlayStation platoperations were wound down, winners began to shine through. form to profit from its catalog of past films.
Among the most promising figures in Sony’s latest report
These include gaming and camera chips. In gaming, Sony
says it has sold more than 60 million PlayStation 4 consoles was a restructuring charge of just JPY1.6 billion during the
second quarter, compared with JPY32.6 bilsince it launched the line four years ago.
lion in the year-ago quarter. Many corporate
That’s nearly double the estimated unit sales
The Bottom Line
turnaround attempts start with big restrucof Microsoft’s (MSFT) Xbox One line of
turing charges. If management is truly
consoles. Console sales beget more revenue
Sony’s expertise in gaming
changing its ways, these charges should
from game downloads and subscription fees
and imaging could help push
quickly fade.
for online playing. Sony’s operating profits
its ADRs from $46 to $55
So far, so good. But investors who previfrom gaming rose 10%, to 72.5 billion yen
in the next year. Even its TV
ously worried that the company wouldn’t pull
(about $640 million), during its first half
and music units are prospering.
off a return to consistent profits now seem
through September. Semiconductor operat-
Who’s a Good Boy?
Sony has returned to profits, led by camera
chips and gaming–and is even rebooting its
popular robot dog Aibo, above. Shares are
responding.
Sony (SNE - NYSE)
Weekly close on Nov. 9
$50
40
30
20
2015
2016
2017
Source: Bloomberg
Keith Bedford/Bloomberg 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
SONY IS OUT OF THE DOGHOUSE. ITS SALES OF CAMERA
18
BARRON’S
November 13, 2017
worried that results are approaching peak
levels. For the ADRs, earnings per share are
pegged at $2.50 this fiscal year, up sharply
from 52 cents last year. That puts the ADRs
at 18.4 times this year’s consensus, close to
where the broad U.S. market trades. And
earnings are seen rising by only high-single
digit percentages over the next two years.
It bodes well, though, that reported earnings per share have lately come in well ahead
of estimates, and remaining estimates, including those for the next two years, have
CME Group Center
for Innovation
honors Jack Bogle
and Mac McQuown,
recipients of the 2017
CME Group MelamedArditti Innovation Award
New Profit Drivers
Gaming and camera chips are providing a
bigger part of Sony’s rising earnings.
2017 Operating Income
Forecast by Segment (¥bil)
n Fiscal Year 2016
n FIscal Year 2017 Forecast
¥10.2
Mobile
Communications
¥5.0
135.6
Game & Network
Services
180.0
47.3
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
Imaging Products
& Solutions
72.0
Home
Entertainment
& Sound
Semiconductors
Pictures
Taking the long view,
and never looking back.
Jack Bogle
Founder, Vanguard
Mac McQuown
Director and Co-founder, Dimensional
The CME Group Center for Innovation is pleased to present Jack Bogle and Mac McQuown with the 2017 Melamed-Arditti
Innovation Award for their historic contributions to finance and investing. The award honors an individual or group whose
innovative ideas or services have created significant change in the world’s markets, commerce and trade.
When they pioneered index funds in the 1970s, Bogle and McQuown sought a better way to track market performance
and manage money long term. In the process, they revolutionized investment strategy forever. Today, index funds, a form of
passive management, account for nearly 30% of all U.S. investments.
To learn more about the CME Group Center for Innovation, visit cmegroup.com/cfi.
CME Group is a trademark of CME Group Inc. The Globe logo, CME and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners. Copyright © 2017 CME Group. All rights reserved.
76.0
–7.8
150.0
–80.5
39.0
75.8
Music
94.0
166.4
Financial
Services
All Other
Consolidated
Total
TH E ARC H ITECTS OF T HE INDEX FUND
58.5
170.0
–116.7
–156.0
288.7
630.0
Source: company reports
been creeping higher. In camera chips, the
rise of autonomous cars and factory robots
can help Sony extend its growth beyond
smartphones. In gaming, swelling software
and service revenue can lengthen the PlayStation 4 up-cycle and smooth out profits
between new hardware launches. In Japan,
an election win for Prime Minister Shinzo
Abe’s ruling coalition last month signals continued monetary easing, and has kept the
yen weak against the dollar and euro, creating a near-term tailwind for many of Sony’s
businesses.
All told, if Sony continues its record of
beating expectations, and shares hold on to
their market-average earnings multiple, the
ADRs could top $55 in a year, versus a
recent $46 and change. November 13, 2017
BARRON’S
19
As the sector ekes out a slim year-to-date gain of 4.5%—against the S&P 500’s 15%—its
longtime role as a bastion of safe and high-yielding companies has come under pressure.
Don’t Gamble on Consumer-Staples Stocks
by Teresa Rivas
much so that Barron’s sounded a warning
stock market sector, but investors histori(“The Allure and Risk of Consumer-Staples
cally could count on its members’ slow and
Stocks,” Sept. 10, 2016). The stocks benesteady earnings growth and lush dividends.
fited as investors sought bond proxies and
Now, various industry trends are putting a
havens amid low interest rates and market
drag on some of the industry’s stalwarts.
volatility.
The sector is the third-worst performer
Now, though, shoppers aren’t behaving as
year to date, behind only telecommunicathey used to, says Eric Marshall, director of
tions and energy, and it was the secondresearch at Hodges Capital Management in
worst performer in October. Investors have
Dallas—even as consumer confidence is royanked $1.1 billion from consumer-staples
bust and wages are starting to rise after
exchange-traded funds since the start of the
years of stagnation. Shoppers have been less
fourth quarter—or 8% of the sector’s ETF
willing to take on credit-card debt; they’re
assets—according to data from XTF.com.
favoring bigger-ticket items, a side effect of
The Consumer Staples Select Sector
the recovering housing industry; and they’re
SPDR ETF (ticker: XLP) is up 4.5% in 2017
buying more healthful and private-label
on a total-return basis—less than one-third
products, and doing so online.
the gain of the Standard & Poor’s 500 index.
Twenty or 30 years ago, consumers were
The underperformance could continue.
willing to pay more for a brand that repreThe headwinds that have plagued the sector
sented quality. “Today, because quality is so
this year—including rising interest rates,
easily quantified online through reviews,
shifting consumer spending, eroding brand
there’s less brand loyalty,” he explains.
loyalty, and the ever-present threat of
Being a large, trusted brand was an asset
40%
Calling All Shoppers
Amazon.com (AMZN) and other e-retailers, Marked Down
in the past, but now it’s almost a liability, as
Consumer Staples
The five biggest consumer-staples stocks all sport hefty
which bring lower prices and new
millennials are more likely to favor sustainSelect Sector
valuations–and weak earnings forecasts.
30
competition—aren’t likely to disappear soon.
able, organic products. “I’ve even heard
SPDR Fund (XLP)
That’s why the food, beverage, and housecompanies say they’ve taken their products
S&P 500 Index
Recent YTD Total 2018E
hold-products companies that make up the
out of expensive packaging to make them
Company / Ticker
Price Return P/E EPS
20
sector—which include Procter & Gamble
look ‘natural,’ ” Marshall says. “They say,
Wal-Mart Stores* / WMT $89.74 32.4% 19.4 $4.64
(PG), Colgate-Palmolive (CL), and Coca‘Put our product in a brown paper bag to
Procter & Gamble** / PG 87.47
7.3
21.0 4.16
Cola (KO)—don’t look much like bargains,
help sell it.’ ”
10
Coca-Cola / KO
46.16 14.0
23.3 1.98
with price/earnings ratios for many above 20
Things could get worse before they get
times, versus the sector’s five-year average of
Philip Morris Int’l / PM
102.41 15.0
19.3 5.32
better.
With many staples stocks down for
19. Wal-Mart Stores (WMT), the group’s
0
PepsiCo / PEP
111.40
8.7
19.9 5.60
the year, they will be prime candidates for
largest stock, is drastically stepping up its eConsumer Staples Select
investors looking to lock in year-end tax
commerce game, which should continue to
Sector SPDR / XLP
53.56
5.6
18.7 2.87
–10
losses, says DataTrek Research co-founder
boost growth, but peers may not be so lucky.
E=Estimate *Fiscal Year ending January 2019 **Fiscal Year ends June
‘16
‘17
Sources: Bloomberg; FactSet
Nicholas Colas. “This has been a big year
“We’re very underweight consumer 2015
for capital gains, so harvesting losers should
staples,” says Sandy Villere, partner at Villere, a New Orleans-based money manager. “Amazon’s purThe 2018 earnings-per-share forecasts for many sta- pressure many stocks in the group,” he adds.
If the economy slows or interest rates stay low, howchase of Whole Foods not only means pricing pressure for ples companies are being lowered, though most are still
everyone from Campbell Soup (CPB) to Unilever (UN); expected to see growth in the low- to mid-single digits. ever, investors may get more interested in the sector.
“The market can be very monolithic as it views threats,
it’s also going to put pressure on them to come up with
more fresh, organic products, which will be very tough.” The sector’s weak performance hasn’t gone unno- shooting first and asking questions later,” says Abhay
Jefferies analyst Kevin Grundy estimates the large ticed by activist investors, whose interest in the group Deshpande, chief investment officer at Centerstone Invesgroup of staples stocks he tracks has an average P/E of has increased in recent years. Trian Partners CEO Nel- tors in New York. “Not every company is threatened the
19.9 times, based on expected results for the next 12 son Peltz is engaged is a very public dispute with P&G, same way by Amazon.”
Mondelez International (MDLZ), for example, which
months, an 11% premium to the S&P 500. Yes, that’s be- whose shareholders recently rejected his bid for a seat on
low the sector’s historical average—21% over the past de- the board by a very slim margin. Colgate has been the recently reported a strong third quarter, trades at a discade—but it still makes staples the fourth-most-expensive subject of repeated speculation, and Dan Loeb’s Third count to its peers, even as it’s poised to log double-digit
sector in the index. Grundy expects valuations to have a Point hedge fund has invested $3.5 billion in Nestlé earnings growth next year. The company, which has a
forward P/E of 17.9, is benefiting from healthy growth in
hard time expanding from here, given that companies (NESN.Switzerland).
As recently as late 2016, the sector was outperforming international markets and higher margins for its prodhave seen persistently soft organic sales and rising input
costs, and consensus earnings estimates are coming down. the broader market and commanding rich valuations—so ucts, such as sweets and cookies. Mario Wagner for Barron’s
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CONSUMER STAPLES AREN’T THE SEXIEST
20
BARRON’S
November 13, 2017
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November 13, 2017
BARRON’S
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COVER STORY
The future looks bright for traditional auto makers, as they
embrace new technologies and shareholder-friendly ways.
Auto Stocks Rev Up
by Andrew Bary
While the car of the future gets
trade for a mere six to 11 times 2017 expected earnings, and
ecstatic previews, the auto industry of the present elicits pity
sport dividend yields as high as 5%. Yet, even as electric cars,
and scorn. Electric cars are widely expected to supplant vehicles autonomous vehicles, and car sharing disrupt the status quo, the
powered by the internal-combustion engine, leaving traditional global auto industry could prove resilient, and reward customauto makers and their gasoline- and diesel-powered clunkers in ers and shareholders in myriad ways. • Major auto makers are
a heap of rust. • This dismissive view is especially prevalent on
all working on new technologies and initiatives, while reorganiz-
Wall Street, where shares of the leading auto manufacturers
ing existing operations in value-enhancing ways. Accordingly,
Illustration: Daniel Downey for Barron’s
21
22
BARRON’S
fans argue that the stocks are much too
There are plenty of risks in the sector.
cheap. Auto shares rarely command high
GM and Ford Motor (F) are dependent on
price/earnings multiples, but today’s valua- Global auto stocks have the lowest valuation of any major industry group, trading for just six to 11
the U.S. for the bulk of their earnings, and
tions are low historically in both absolute times projected 2017 earnings. Dividends, however, are ample.
most profit comes from pickup trucks and
terms and relative to the Standard & Poor’s
sport-utility vehicles. Investors worry that doRecent Market
YTD
EPS
P/E Dividend Net Cash
500 index, which is trading around 20 times
mestic sales and earnings are peaking. The inCompany/Ticker
Price Value (bil) Change 2017E 2018E 2017E Yield
(bil)
this year’s projected operating profits. (Updustry will have to absorb the costs of building
U.S.
start Tesla [TSLA], meanwhile, is looking
electric-vehicle capacity and technology while
Ford Motor / F
$12.04 $47.8
0%
$1.82 $1.57
6.6
5.0%
$9.9
overvalued.) With global auto sales climbing
maintaining the manufacturing infrastructure
General Motors / GM
42.11
59.8
21
6.32
5.86
6.8
3.6
3.2
and earnings poised to rise or at least hold
around internal-combustion engines. Still, the
Tesla / TSLA
302.99
50.9
42
-8.67
-3.55
NM
None
-6.4
near current levels, the stocks could head
bad news looks to be in the stocks.
higher in the next year or so.
Here is a look at six global auto makers.
EUROPE
BMW / BMW.Germany €86.89 €56.5
-2
€11.03 €11.01
7.9
4.0
22.0
“There is no company without issues, but
GENERAL MOTORS
the risk/reward is favorable,” says David
Daimler / DDAIF
$82.58 $88.3
11
$10.61 $10.46
7.8
4.2
24.3
Wall Street is starting to give GM credit for
Herro, manager of the market-beating OakVolkswagen /
its sharply rising profits and restructuring efmark International fund. “We know the risk of
VOW3.Germany
€157.21 €79.8
18
€23.48 €25.51
6.7
1.3
29.6
forts, including the sale of its European operaautonomous cars in the next five to 15 years,
JAPAN
tions. Investors also applaud the company’s
but the stocks trade for extremely low valuaToyota Motor / TM*
$125.46 $204.7
7
$11.34 $11.77 11.1
3.1
70
ambitious cost-cutting program, electric-vehitions. The auto markets and earnings are
cle initiatives with Chevy Bolt, and investhealthy. Balance sheets are strong.” Three of E=Estimate. *Estimates are for the years ending March 2018 and March 2019. NM=Not meaningful.
Sources: Bloomberg; company reports; FactSet
ments in autonomous-vehicle technology.
the top 10 holdings in Herro’s fund are auto
Third-quarter results of $1.32 a share
makers: BMW (ticker: BMW.Germany), Toyota Motor (TM), and Daimler (DAI.Germany), the maker of electric vehicles could total nearly 30% of the global fleet, were better than expected and highlighted GM’s progress
in controlling costs. The stock’s 21% gain this year reflects
Mercedes cars.
compared with 0.2% this year.
Yet others think projections of electric-vehicle growth GM’s improved financial results, and more important, the
Pressured by investors and the success of Tesla in elec- will prove too high. “The demand estimates for electric ve- impression that GM is ahead of rivals in developing autonotric vehicles, auto manufacturers are getting more share- hicles could prove to be wildly optimistic, tempered by the mous vehicles.
holder friendly, and spending heavily to counter the upstart. impracticalities of lengthy charging times and limited
“Investors not only worry about cyclical pressures in au“Elon Musk [co-founder and CEO of Tesla] has been more range,” says Kenneth Garschina, a founder of Mason Capi- tos, but that once we get into the next cycle, Tesla will domieffective than any activist investor in getting auto makers tal Management, a New York investment firm.
nate electric cars, and Waymo, Uber, and Tesla will dominate
to run their businesses more efficiently, more effectively,
Even if electric cars take off in the early to mid-2020s autonomous,” says Brian Johnson, an auto analyst at Barclays.
and in a more forward-looking manner,” says Nicholas Co- when their cost is likely to be comparable to gas- and diesel- “GM is showing it can play in electrics and autonomous.”
las, co-founder of Datatrek, a financial newsletter, and a powered vehicles, Garschina thinks the major global auto
GM is expected to earn $6.32 a share this year, and $5.86
longtime follower of the auto industry.
makers will still dominate the business. Credit Suisse auto in 2018. Next year’s net will be depressed by factory downGeneral Motors (GM), the largest U.S. auto maker, ex- analyst Daniel Schwarz recently wrote that auto makers time related to a model changeover for full-size pickups.
ited its money-losing European operations last year and is would emerge as winners from simpler, less capital-intensive
GM accelerated its autonomous-driving project with the
expected to return $7 billion to holders this year in dividends production of electric vehicles over the next 10 years.
purchase of Cruise Automation for a reported $1 billion in
and stock buybacks, equal to about 10% of its market value.
Investors might not be giving the auto industry credit 2016, and now is testing a fleet of cars in San Francisco.
GM has made autonomous, or driverless, vehicles a major fo- for manufacturing skills honed over decades. As Tesla has CEO Mary Barra said on GM’s third-quarter earnings concus, and is thought to be No. 2 globally behind Alphabet’s found, mass-producing automobiles isn’t easy; the company ference call that it will be “quarters, not years” before GM
(GOOGL) Waymo division. Daimler and Volkswagen continues to lose money and grapple with production woes. can take out the driver. Cars now have a driver as a backup.
(VOW3.Germany) are considering spinoffs of their valuable “The more we learn about new technologies, the clearer it
Johnson believes GM could launch a ride-sharing autonotruck divisions, while spending heavily on electric vehicles, becomes that the key auto makers won’t be disrupted over- mous business in the early 2020s. In the meantime, inveswith VW planning to shell out $84 billion by 2030.
night,” says Arndt Ellinghorst, a European auto analyst tors could enjoy generous capital returns, including a 3.6%
Few industries outside technology are sitting on as much with Evercore ISI.
dividend yield and stock buybacks equal to more than 5%
cash as the auto makers. BMW’s automotive net cash and
of GM’s market value.
investments total nearly 19 billion euros ($22 billion), or Morgan Stanley has estimated that it could take $2.7 trilone-third of the company’s market value. Daimler has more lion of infrastructure investment by 2040 to support a global FORD MOTOR
than €20 billion of net cash, or cash minus debt, and Toyota electric fleet, including 473 million home chargers and seven Ford shares are little changed this year at a recent $12.
has $70 billion, 35% of its market capitalization. Risk-averse million super-charging stations. It’s unclear where all that Wall Street fears that Ford lags GM in electric cars and auauto makers have been unwilling to part with their cash, in money will come from. The additional need for electricity tonomy, with Ford targeting 2021 for commercial production
of its first driverless vehicles.
part because they view it as support for their large finance would be equivalent to current U.S. demand.
The shares trade for less than seven times projected
And it remains to be seen if autonomous cars and rideunits. But that attitude could start to change.
Auto stocks have begun to rally in recent months, and sharing programs gain much acceptance, even in densely pop- 2017 earnings of $1.82 a share and yield 5%. Unlike GM,
could have considerable upside. GM shares have gained 20% ulated urban areas. Part of the bear case for auto stocks is Ford repurchases little of its own stock. “Momentum and insince August, to $42, but still trade for under seven times that a surge in ride sharing in the 2020s will cut into demand. vestor sentiment is superior on GM but Ford is attractive
from a deep-value perspective,” says Ryan Brinkman, an
projected 2017 earnings. VW, the subject of a bullish Bar- “Ride sharing is a huge logistical challenge,” Colas says.
Ellinghorst complains that the auto industry isn’t getting analyst at JPMorgan. He has an Overweight rating on the
ron’s story in August, has risen 23% since then, to €157, yet
credit for its strong financial performance in the past decade, stock, and a $15 price target.
trades for only six times estimated 2018 earnings.
Ford has almost $10 billion of net cash in its automotive
Some industry experts have put forth unusually bullish with revenue up 36% and cash flow, as measured by earnings
projections for electric vehicles. Morgan Stanley analysts before interest, taxes, depreciation, and amortization, or unit but, like GM, has underfunded pension and health-care
have written that electric cars could reach 80% to 90% of Ebitda, more than doubling. “What drives us mad is the fact obligations. Ford’s obligations total about $14 billion.
Third-quarter profit of 43 cents a share topped consenglobal sales by 2050, up from about 1% now, as battery costs that in a world of massively inflated asset prices, auto compadecline and regulators worldwide push to eliminate gasoline- nies have derated like no other group of listed equities,” the sus estimates by about a dime, helped by strong results in
North America, where the company’s full-size F-150 pickup
and diesel-powered vehicles. By 2040, the firm estimates, analyst wrote in a client note last month.
Deeply Discounted
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November 13, 2017
November 13, 2017
truck and sport-utility vehicles—the Ford Expedition and
Lincoln Navigator—powered results. Full-year earnings are
expected to be hurt by a $600 million headwind for foreign
exchange in Europe, which accounts for 20% of company
sales, and $700 million in recall expenses. Wall Street sees
Ford earnings falling in 2018 to $1.57 a share on weakening
sales, prices, and profit margins in the U.S. market.
Ford’s truck business could be worth $20 a share, according to Morgan Stanley analyst Adam Jonas. But the
unit is attached to a U.S. car business that’s believed to lose
money, and non-U.S. operations that run near break-even.
Jonas has argued that Ford ought to consider a major restructuring, including the sale of its European and South
American operations and a stake in its Chinese joint venture, and even an exit from much of its small and midsize
car business globally.
Investors generally welcomed Ford’s decision to name Jim
Hackett as CEO in May (replacing Mark Fields), given
Hackett’s experience in ride sharing and his commitment to
new technologies, including electric cars. Ford plans to introduce 13 electric vehicles in the next five years, but most will
be gasoline/electric hybrids rather than fully electric models.
VOLKSWAGEN
The German auto maker’s liquid nonvoting shares are up
18% on the year, to €157, as investors look past VW’s “dieselgate” scandal that might cost $30 billion. Even so, the stock
trades for only six times projected 2018 profits of €25.51 a
share. VW’s U.S.-listed shares (VLKAY) fetch around $37
and are worth a fifth of the Germany-listed shares. “Where
else can you find a company trading for five times earnings
with great brands, huge asset value, and growing profits?”
asks Garschina of Mason Capital, who has an above-consensus 2018 earnings estimate of €30.
VW is the world’s largest auto maker, with $269 billion
in annual revenue and a portfolio that includes luxury
brands Porsche and Audi, and the mass-market VW line.
Garschina puts the company’s asset value at €350 per share.
Barron’s has noted that Porsche alone could be worth
nearly half the company’s current market value of €80 billion. Plus, VW has €25.4 billion of net cash and investments.
Volkswagen’s earnings could rise nicely in coming years
with improvement in the VW brand helped by new SUVs.
Evercore ISI’s Ellinghorst thinks VW should separate its
valuable truck businesses, Scania and MAN, because truck
companies get twice the valuation of auto producers and the
two businesses have little in common. The global truck business benefits from an oligopolistic structure. Scania has the
second-highest margins behind Paccar in the truck market.
VW is making a major push into electric cars and aims
to sell two to three million by 2025. It is also a leader in autonomous driving. This year the Audi A8 became the first
car to offer “level 3” autonomy that allows for hands-free
driving under certain highway conditions.
An even cheaper way to play VW is through Porsche
Automobil Holding (PAH3.Germany), which owns just over
half of VW’s voting shares. Porsche shares, now around €62,
trade at a 30% discount to VW, but carry some legal liability
stemming from Porsche’s purchase of VW stock a decade
ago. Porsche so far has won in court and analysts see the
company continuing to prevail.
DAIMLER
The global leader in premium cars and heavy trucks, Daimler
looks undervalued at €70. The U.S.-listed shares (DDAIF)
BARRON’S
23
trade near $83. Daimler’s U.S. shares are up 11% this year,
as the company has taken preliminary steps to separate its
truck business, which accounts for 20% of annual revenue of
€153 billion. Given the complex oversight structure of German
companies and the strong role of labor unions, such a move
might not happen until 2019 or later. Daimler is expected to
keep control of the unit.
Ellinghorst values Daimler at about €101 a share on a
sum-of-the-parts basis. His analysis assumes that the Mercedes auto business is valued at a conservative three times
Ebitda, around the same valuation as Ford’s. Ellinghorst
has an Outperform rating on Daimler, and a price target of
€85. “We remain convinced that Daimler and Volkswagen
are too large and complex to be managed effectively at a
Parabolic Rise
The number of electric vehicles in the world is expected to explode
after 2020. Major auto makers could prosper in that environment.
Global Electric
Vehicle Fleet (mil)
Electric Vehicles as
% of Total Fleet
600
35%
30
500
25
400
20
300
15
200
10
100
5
0
0
2017
2020
2025
2030
2040
Source: Morgan Stanley
time of unprecedented change in the auto industry,” he
wrote in a client note.
Even a partial breakup could lead to a higher valuation.
Daimler trades for eight times projected 2017 earnings
of €9 a share, a multiple that gives the company little credit
for its truck business. Truck makers Volvo (VOLV-B.Sweden) and Paccar (PCAR) trade for 17 times earnings. Daimler’s European-listed shares yield 4.6%.
Daimler says it plans to offer one electrified alternative
in each of its models by 2022.
BMW
BMW is one of the world’s few pure-play makers of premium cars. The shares, listed solely in Germany, are down
2% this year, to €87, and trade for just eight times projected
2017 and ’18 earnings of around €11 a share, a valuation that
gives the company little credit for consistently high operating profit margins of around 10%. “BMW has a recognizable
global brand and a strong presence in emerging markets,
and generates a lot of cash,” says Herro. “Both Daimler and
BMW are significantly undervalued.”
A third of BMW’s market value of €57 billion is in cash
and marketable securities at the company’s automotive unit.
(This calculation excludes the finance business.) Herro notes
that BMW’s enterprise value (market value less net cash)
of $46 billion is lower than Tesla’s, at $59 billion. BMW will
sell more than two million vehicles this year, including
100,000 electric cars (with hybrids), compared with Tesla’s
expected production of 100,000 cars. Tesla could lose $1.5
billion in 2017.
Credit Suisse’s Schwarz argues that BMW’s earnings
power is underappreciated. He cites the positive impact of
several new models, including the 5 series sedan and X3
sport-utility vehicle. “It is the most profitable of European
auto makers, with a product cycle that should accelerate
from here,” he says.
Schwarz expects BMW to earn almost €14 a share in
2019, above the consensus forecast of €11. He rates the
stock Outperform, with a price target of €126 a share.
Shares yield 4%.
TOYOTA
Japan’s Toyota is the world’s most profitable auto maker,
and the largest by market value at $205 billion. The U.S.listed shares hit a 52-week high last week of $128.11, and
traded Friday at $124. They sell for 11 times estimated
earnings for the fiscal year ending next March, and yield
over 3%. Japanese car makers historically have traded at a
premium to U.S. and European peers due to higher returns
and ultralow Japanese interest rates.
Toyota reported better-than-expected results this past
week for the September quarter, and raised its forecast for
full-year operating income to two trillion yen ($17.7 billion)
from JPY1.85 trillion in a prior forecast. “Toyota has topnotch manufacturing and exposure to the premium sector
with Lexus and emerging markets,” says Oakmark’s
Herro.
The company has focused on hybrid cars such as Prius
rather than pure electric vehicles.
Nomura analyst Masataka Kunugimoto recently upgraded Toyota to the firm’s top auto pick, citing the potential to “gain market share while minimizing discounts in key
markets.” He says the company should emerge as the industry’s “next-generation technology leader” with investments in hybrids, solid-state batteries, and self-driving
technologies. His price target is about $160 a share.
Lastly, a word about Tesla, whose shares have fallen 20%
from a September all-time high to a recent $304. The company posted a record quarterly loss of $619 million, or $3.70
a share, in the latest period, and said production of its
mass-market Model 3 won’t hit 5,000 a week until the end
of the first quarter of 2018, versus a prior estimate of the
current quarter. Musk has said he has “zero concern” about
hitting production of 10,000 a week at some point in 2018.
But the company’s skeptics doubt that claim.
Based on competitors’ output, that’s not a lot of cars. But
each Tesla that rolls off the production line arguably spurs
the rest of the auto industry to innovate, adding value for
all stakeholders, including investors. 
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24
BARRON’S
November 13, 2017
Retirement is years away but you can feel better now.
Knowing you’ve planned for retirement can bring less stress, more sleep, and true focus to what
matters now. TD Ameritrade’s Financial Consultants are here for you, whether it’s getting help with
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November 13, 2017
BARRON’S
25
SPECIAL REPORT
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In Barron’s fifth annual Health and Wealth Roundtable, four top
advisors discuss the common misconceptions that trip people up.
Retire
Well:
A Guide
by Beverly Goodman
Photography by Matt Furman
eople spend some 30 years saving for the
goal of a retirement that frees them to
spend time with family, travel, or pursue
much-loved pastimes. But what many don’t realize
is that it’s not just saving money that sets you up
for a happy and healthy retirement. There are so
many choices to make around health care, housing, and lifestyle—not to mention the research
and paperwork involved in making some of these
decisions. • Thinking about the nuts and bolts of
retirement can get complicated, fast. So Barron’s
rounded up a few of our top-ranked advisors
with an expertise in all of the ins and outs of
ensuring a healthy and stress-free retirement:
Kathleen Weber, of the Weber Russo Group at
Morgan Stanley in Bellevue, Wash.; Ann Marie
Etergino, Etergino Group at RBC Wealth Management in Chevy Chase, Md.; Barbara Archer,
P
Our expert panel, clockwise from top left:
Ron Vinder, Ann Marie Etergino, Barbara Archer,
and Kathleen Weber.
26
BARRON’S
November 13, 2017
High-Tower St. Louis; and Ron Vinder, the Vinder Group
at Morgan Stanley in New York. They all agree that investing in your health may be more important than how
you invest your portfolio, and offer a slew of strategies
to ensure people avoid the most common planning pitfalls.
Barron’s: Let’s start with the basics: What are some of
the first issues to tackle as you approach retirement?
Ann Marie Etergino: The biggest misperceptions are often
around Medicare—especially when to sign up, and this
notion that Medicare will cover everything.
What do people need to know about Medicare?
Kathy Weber: First of all, you have to announce yourself
to Medicare when you turn 65.
Etergino: You have to announce yourself, but you don’t
need to claim it.
Barbara Archer: You have seven months to contact them—
three months prior to your 65th birthday, the month of
your birthday, and three months after.
Even if you’re still working?
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Archer: If you have a group medical plan that is good as
or better than Medicare, you can say you won’t be claiming Part A or B yet. [Part A is hospital coverage, Part B
covers basic office visits.] But read your plan closely or
check with human resources—some smaller companies
force people to go on Medicare once they turn 65, even
if they’re still working.
So you can still use your employer’s health insurance if
they’ll allow it, but you need to at least register with
Medicare. What happens when you leave your job?
Archer: You’ll have eight months to sign up for Part B, and
just two months for Part D, the prescription-drug plan.
Many people think they’ll have Cobra for 18 months, and
they end up with a penalty on their Medicare premiums.
What’s the penalty for not signing up for Medicare at 65?
Barbara Archer explains the ins
and outs of Medicare, which is
more confusing and costly than
most people realize.
you’re covered both places. You have to shop from both ends.
Archer: It is very important that you understand the
options. The State Health Insurance Assistance Program, or
SHIP, which you can find at medicare.gov, employs people
who are very knowledgeable about the different plans.
Ron Vinder: You’ll pay an additional 10% of your premiums
Is there a deadline for signing up for supplemental plans?
for every year that you were eligible but didn’t sign up.
That penalty will be every year for the rest of your life.
Weber: If you wait three years, that’s 30% more.
Archer: From the time you sign up for Part B, you have six
months to get a “guaranteed issue” supplemental plan,
which means they have to cover all pre-existing conditions.
Beyond the six months, you can buy a supplemental policy,
but it won’t be guaranteed issue, and certain treatments
may not be covered, prices can be even higher, or insurers
can decline to cover you.
What are the other considerations around Medicare?
Weber: People have to decide if they are going to buy a supplemental plan, also known as Medigap. That involves a lifestyle assessment. Some policies just pick up the copays and
other costs you still pay under Part B. But some people
need even more. A lot of our clients travel internationally,
so they need a plan that covers international medical care.
I also encourage them to ask themselves if they would be
comfortable getting treated for any health event in the
country where they are going. If not, they probably need
separate, private coverage for medical evacuation.
What’s the pricing like for supplemental plans?
Archer: It’s all over the place—we could all live in the same
city and get the same policy, but from different carriers, and
I might pay $468, but you’ll pay $250, she’ll pay $180, and
you could pay $600. It’s the same thing for Part D coverage.
Weber: Pricing and policies vary state by state and carrier
by carrier. Plus, you need to make sure your preferred
doctors are part of whichever policy you’re looking at, and
if you split your time in two different areas, make sure
What can people realistically expect to spend on health
care in retirement?
Archer: People have no clue how much Medicare costs. For
couples earning less than $170,000 a year, it might be $110
per month. If they are north of that, they can pay $400-plus.
And that’s just Part B. Then there’s your supplemental, and
did we neglect to mention Part D, for prescription drugs?
Then you have your copays; you have your deductibles. You
have any out-of-network costs.
Weber: Plus dental, vision.
Etergino: We started adding a line item for Medicare out-ofpocket costs. That way, we at least have a conversation
about it. We estimate $12,000 to $15,000 a year.
Vinder: I do the same, but because I’m in New York we have
to use a higher number—up to $2,000 a month.
Weber: Four out of five people surveyed have no idea what
their health-care costs will be in retirement, and more than
60% of people indicate it is one of their greatest concerns.
Part of the reason is that health care is often funded by
payroll deductions, which are kind of invisible.
Etergino: And health-care costs rise at a much higher rate
than traditional inflation, typically 6%. So we have to take
that into consideration from a planning perspective. According to a study by the Employee Benefit Research Institute,
a 65-year-old today can expect to pay $260,000 to $400,000
in health-care expenses over a 20-year retirement—and that
doesn’t include long-term care. In D.C., a private room in a
long-term care facility will cost about $120,000 a year. That’s
if you’re healthy. If you need 24-hour nursing or other care
around that, it could be $250,000 to $300,000 a year.
Do you recommend long-term care insurance?
Etergino: Absolutely, where appropriate. For many people,
facing health issues is worse than facing death. Everybody
knows they are going to die, but people’s views about how
they think they’ll die are unique to their personal experience. It is such an emotional topic—whose parent died from
a heart attack at 65, whose parent lived to 95 in their own
home. Just the other day, we were discussing it with a couple. The husband very visibly did not want to have the conversation; you could just tell by his body language. He said
they didn’t need it and wanted to move on. But the wife,
who almost never spoke in our meetings, wanted to talk
about it more, because of what happened with her mother.
Weber: Most long-term care beneficiaries are women, so
women should want to hear about it.
How much do these policies cost?
Weber: The coverage is getting more and more expensive;
November 13, 2017
BARRON’S
27
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BARRON’S
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there are significant premium increases and
far fewer insurance companies offering
these policies. People are paying $5,000 a
year for long-term care coverage. I’m finding that when people are paying such significant amounts for their long-term care insurance, they want some kind of a return on
that. But it’s like homeowner’s or car insurance that people pay thousands of dollars a
year for—you don’t really want to need it.
Etergino: We’ve seen a big shift in pricing
for women; insurance companies moved to
gender-based pricing a few years ago, and
women now pay 30% to 35% more than men.
Archer: I bought long-term care insurance
for my husband and myself 20 years ago. As
people age, they often assume a partner will
take care of them, but in fact they may
really want someone with a higher skill level
to care for them. If my husband knows my
care is paid for, he’ll use it.
The average annual premium was less than
$3,000 a year in 2014, according to Morningstar, though of course it can be much
higher. The younger you are, the lower
your premiums, but the more you may end
up paying by the time you need it—not to
mention the risk of premium increases.
Weber: We are seeing the growth of hybrid
policies, which aren’t pure long-term care
insurance. There are three kinds of longterm care insurance—pure long-term care,
and hybrid policies that are connected to life
insurance or retirement income annuities. It
varies by state, but in Washington each requires a different insurance license to sell.
So you want to be sure that you are talking
to somebody who has all three licenses.
How do these alternative policies work?
Archer: One example that we’ve used is a
variable annuity that will increase or double
a distribution from 5% to 10% when there is
a medical need. It is a withdrawal until your
initial investment and its gains are exhausted, then it turns into an annuity. These
are especially good for people who are uninsurable, like our clients with multiple sclerosis. They cannot buy long-term care insurance; they cannot buy life insurance.
Etergino: There is a lump-sum refundable
policy, which buys a pool of benefits. A 65year-old can buy a $100,000 policy that gets
them $400,000 of coverage. If you don’t use
the benefits, you can get money back, or
your heirs can get some of the unused value
returned. You can also stop and start the
benefits—the No. 1 reason women need
long-term care is for short-term recovery
after surgery. But Alzheimer’s and dementia
are big concerns and very costly. I saw a
study that 10% of people over 65 today have
Alzheimer’s, and 38% over 85 have it. By
2050, the number of people diagnosed will
more than double. How scary is that?
Archer: If our clients decide against longterm care insurance, we have them sign a
declination form. That’s as much for my protection as for theirs, when their kids come
in and say, “What do you mean you spend
$100,000 a year on long-term care?”
Vinder: I have a different angle on this. I
don’t do a lot of long-term care insurance.
Why not?
Vinder: I look at what long-term care insurance would cost my clients and project what
that money could amount to if we invested
it until they turn 80, which is when most
people start to need long-term care. Then
they decide if they want to pay every year
for insurance, or let their account grow.
Most of the time they decide not to buy it,
and when they do it’s usually more of an
emotional decision than a financial one.
November 13, 2017
Long-term care insurance is very expensive,
and just 20% of people actually need it.
Etergino: Slightly more than half of all
Americans turning 65 will have some longterm care need, according to data compiled
by Morningstar. For people in the top quintile of income, that drops to just 22%. But if
you are one of the unlucky 20%, it is going
to cost you a lot of money.
Weber: The average nursing-home stay is
2½ to 3½ years, but that’s after four to five
years of diminished capability and needing
help at home. Let’s face it, everybody wants
a plan that allows them to stay at home.
Vinder: My dad got ALS [amyotrophic lateral sclerosis] when he was really young;
he’s had a rare form of it for 25 years. When
BARRON’S
29
you are diagnosed with a debilitating condition, you can claim Medicare before you’re
65. But Medicare won’t pay for home health
care. Medicaid will, and you can claim that at
any age, but you need to have virtually no
income and no more than $2,000 in any accounts. For his care, we used a reverse mortgage. He needs 24/7 care; Medicaid pays for
one of his at-home nurses, and he pays for
the other one out of this reverse mortgage.
How does the reverse mortgage work?
Vinder: A reverse mortgage is a way of get-
ting the equity out of your house; you can
borrow up to 70% to 80% of it. But unlike a
home-equity loan, you don’t need to pay it
back, and there are no ongoing interest pay-
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BARRON’S
ments. When you die or can no longer live in your home, the
sale of the home repays the loan and interest.
Weber: Do you lose any appreciation if that happens after
you get the reverse mortgage?
Vinder: You get all of the appreciation. When you sell the
house, the bank pays itself back whatever you borrowed
plus interest, and whatever is left goes to you or your heirs.
Weber: So it would be a problem in a declining real estate
market. Plus, reverse mortgages are expensive and need to
be carefully evaluated. Sometimes selling a house and moving makes more sense.
Vinder: It is hard to get mortgages these days, especially
without income. You don’t need any income to get a reverse
mortgage, and they’re not much more expensive than a traditional mortgage—a little bit more to set up and a slightly
higher interest rate. And if the market
declines after you get the reverse mortgage, it’s not your problem. You won’t
owe anything else.
Vinder: They’ll also negotiate pricing for out-of-network ser-
vices, and they’ll track the bills, follow up on overcharges.
Etergino: We are starting to encourage clients to use independent bill-pay services. People get forgetful, and children
don’t want to handle it. A lot of CPA firms have an adjunct
business of paying bills.
Weber: Usually a daughter takes on this role.
Archer: It’s the daughter, then the daughter-in-law, then
maybe the son. Nationwide Insurance cited a study that said
that women caregivers typically lose $650,000 in income,
benefits, lower Social Security payouts in the future, etc.
Etergino: One of the biggest mistakes people make when
thinking about health care is underestimating the stress on
family members.
Weber: There are higher incidents of depression and heart
It also allows people to not only stay in
their home, but also monetize it to help
pay for their care. What other strategies
can help people stay at home?
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Weber: The paperwork around health
care has gotten so complicated. The average doctor’s appointment is less than 15
minutes. So when somebody has more
than one condition and they’ve got two or
three different doctors, each with his own
treatment regimen, seeing them each for
less than 15 minutes per appointment—
who is coordinating the care? Who is
managing the insurance paperwork?
Etergino: Concierge services have helped
a lot of people with this.
Weber: There is a whole new health-care
advisory industry popping up, as well.
disease for the female caregiver.
Etergino: People tend to think that all retirement-related
decisions are financial in nature. But a lot are emotional,
and that’s one of the important reasons for having a plan for
your health care—what kind of care you want, and who is
going to provide it.
And how you’re going to pay for it. How do you talk to
clients about their spending in retirement?
Vinder: Typically, people spend more on travel, shopping,
and other discretionary areas when they’re in their 60s and
70s than they will in their late 70s and 80s. Later on, health
care starts making up a larger and larger part of spending.
Weber: The very best investment that people can make in
their retirement is to invest in their health.
Etergino: Clients usually say their No. 1
concern in retirement is running out of
money. We really want to reframe the
conversation to be about maintaining
good health, because if they are not
healthy then everything that we are
doing doesn’t matter. I had a psychiatrist
speak to our clients, and she said that everyone over 50 should spend a half-hour
a day on their body. It should be a No. 1
daily priority. We also encourage people
to prepare for retirement psychologically
before it happens.
What does that mean?
What’s the difference between a concierge service and a health-care advisor?
Weber: Concierge medicine is a medical
doctor’s office that provides coordinating
care. Because the care is usually all in
the same network, the paperwork isn’t
particularly burdensome. A health-care
advisor is an independent service that
can cost $5,000 to $19,000 a year, with
discounts for a couple. At the highest
level of service, they will coordinate
between different physicians’ offices, set
up and attend appointments and take
notes, be available 24/7 for emergencies,
and handle all insurance paperwork.
They will do basically everything about
your health care. Some insurers offer
some of these services for free.
Archer: They’ll help put together a care
plan and coordinate that with Medicare.
For example, Medicare does pay for a second opinion on surgery, and if the second
opinion conflicts with the first, Medicare
will actually pay for a third. You’re paying
for someone who can get into that nittygritty and understand all of the options.
November 13, 2017
Ann Marie Etergino notes
that many financial decisions
in retirement are based on
an emotional motivation.
Etergino: We have a lot of high-powered
professionals as clients, and it is very difficult for them to go from master of the
universe with a daily sense of purpose, to
retired without a staff or the kind of support system they had. There is a psychological adjustment. We suggest miniretirements—take a month or two and do
the things you think you want to do in
retirement. And even while you’re working, start seeing if you enjoy the things
you think you’ll enjoy—teach a course
part-time or start that woodworking
hobby two years before you retire.
Vinder: The psychological issues extend
to managing their finances as well as
their time. Retirees have spent 30-plus
years accumulating wealth. Then it’s all
about making sure it lasts. No matter
how much money people have, it’s a really difficult transition. It also makes our
jobs harder because now they have a lot
more time to pay attention to their
money.
Etergino: We find it helps to re-create a
paycheck. They are used to seeing a
certain amount of money hit their checking account on a certain date.
Archer: We show clients their income
streams, as well—what’s coming from
Social Security, a pension, IRA distribution, etc. It helps with the uncertainty
around where the money is coming from.
Thanks, everyone.
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November 13, 2017
BARRON’S
31
32
BARRON’S
November 13, 2017
Tech Trader
A New Social Anxiety Emerges Among the Tech Crowd
by Alex Eule
EVEN AS FACEBOOK EXECUTIVES WERE BEING CALLED
accessible, but the company seems worried about losing its identity
to Washington to answer uncomfortable questions in the process.
about the company’s role in the 2016 election, the
In a blog post titled “Tweeting Made Easier,” the company touted
company had a clear message for Wall Street: It’s the change while noting that, during a pilot program, only 5% of
business as usual.
tweets ended up going beyond the original 140 character limit. That
Facebook (ticker: FB) added 189 million daily users, raises the question: Why bother making the change in the first place?
growth of 16%, over the past 12 months. It could be
Twitter, for all its savvy, has always been a customer-driven service.
the most impressive number that came out of big-tech earnings this It was users who came up with the “retweet,” inserting RT before
quarter. The platform now has 1.37 billion daily users and 2.07 billion quoting another user’s message. Only later did Twitter make retweets
monthly users.
an official part of the platform. It remains to be see what users will
Investors yawned at those numbers when they were reported on do with 280 characters, but it’s possible the change will play out in
Nov. 1, but the results looked all the more impressive
ways Twitter can’t foresee.
after rival Snap (SNAP), the parent of Snapchat, botched
Snap was more candid about its future last week. The
Over the past year,
its own earnings report. At last count, Snapchat has 178
company is redesigning its app to reach more users over
million daily users, up 25 million from a year ago. Over Facebook’s growth has the age of 34. “There is a strong likelihood that the redethe past year, Facebook’s growth has been greater than
sign of our application will be disruptive to our business
been greater than
Snapchat’s entire user base.
in the short term, and we don’t yet know how the behavNot that long ago, Snapchat was seen as a challenge
ior of our community will change when they begin to use
Snapchat’s entire
to Facebook’s ubiquity. It had the teen and millennial
our updated application,” CEO Evan Spiegel told invesuser base.
crowd all sewn up. The issue is that Snapchat can’t seem
tors on the company’s earnings call. “We’re willing to
to expand beyond that base.
take that risk for what we believe are substantial longSince its March initial public offering, Snap has reported three term benefits to our business.”
quarters. Each time, it has missed analysts’ estimates for user growth,
Pivotal’s Wieser has been bearish on Snap since its IPO, when he
earnings, and revenue. And each time, the stock has been hammered. issued a $10 price target. Shares soared to $24 on their first day of
Shares are down 25% from the IPO price.
trading, but Wieser held firm. He has since lowered his target to $8,
Facebook’s stunning success has made it easy to forget that social 37% below Snap’s current price.
networking remains a challenging business model. The category is
Over the summer, Wieser also downgraded shares of Facebook to
littered with disappointment. There was Friendster and MySpace. Sell, putting him in rare company on Wall Street. Out of 46 analysts
Alphabet (GOOGL)’s Google unit made a valiant attempt—remember covering Facebook, only two rate the stock at Sell. It comes back to
Google Plus?—before retreating. LinkedIn sold out to Microsoft the idea that overall advertising budgets aren’t expanding. “There are
(MSFT) well below the stock’s all-time high. Now, Snap and Twitter tangible limits to Facebook’s growth, and we get closer and closer each
(TWTR), the remaining public pure plays, are struggling to find their year,” Wieser says.
footing.
It’s not simply a matter of adding users. The companies are still For all of the issues at Snap and Twitter last week, Facebook still
trying to prove their worth to advertisers.
managed to generate the worst headlines. Sean Parker, an early Face“Even now, most investors still don’t understand that advertising book executive, brought the entire enterprise into question during a
is a zero-sum game,” says Brian Wieser, an internet and advertising revealing interview with news site Axios.
analyst at Pivotal Research Group who spent eight years forecasting
With two billion users, Facebook “literally changes your relationad sales at Magna Global. He notes that small marketers in particular ship with society, with each other,” Parker said. “God only knows what
have finite resources. “And that’s why, historically, small business only it’s doing to our children’s brains.”
advertised in the Yellow Pages and something else. Now you use
He noted that social networks had been created to consume maxiGoogle for search, and Facebook. And that’s kind of it.”
mum time from users. “And that means that we need to sort of give
you a little dopamine hit every once in a while, because someone liked
The ad reality is pushing Snap and Twitter to rethink their busi- or commented on a photo or a post or whatever.” The industry’s
nesses on the fly. Last week, Twitter officially doubled the character creators, Parker said, understood human vulnerabilities. “And we did
limit for tweets. The 140-character limit had come to define the it anyway.” 
service, for better or worse. Users can now post up to 280 characters
per message. Twitter hopes the change will make its platform more email: alex.eule@barrons.com
November 13, 2017
BARRON’S
Mutual Funds
33
Mutual Funds
Talking With Scott Kimball
Co-Manager, BMO TCH Core Plus Bond Fund
The Best
Bargains In
Bond Land
by Sarah Max
Kimball and his
colleagues have
reeled in undervalued bonds
issued by Kroger,
Becton, Dickinson,
and others.
senior year at Stetson University, when he made a pitch to
the DeLand, Fla., school’s prestigious Roland George Investments Program to buy R.J. Reynolds corporate bonds.
Reynolds was “in the crosshairs of lawsuits and legislation, and [the bonds] had astronomically high yields,”
says Kimball, co-manager of the $1.1 billion BMO TCH
Core Plus Bond fund (ticker: MCYBX). “I remember
doing a presentation in front of the class and getting
absolutely hammered by the other students and the professors, fighting tooth and nail to get an exception to buy
a high-yield bond.”
Whereas many student-run investment groups manage simulated portfolios, the Roland George program
handles an actual portfolio, recently valued at about
$3.5 million. With real money on the line, the stakes were
high, but Kimball ultimately persuaded the team to go
ahead with the purchase.
“It was combative, and difficult, but I enjoyed every
second of it,” says Kimball, now 36, who went on to work
as a general securities analyst before joining Miamibased Taplin, Canida & Habach, or TCH, in 2007 as a
fixed-income analyst. He stepped into the role of portfolio manager in 2012. Over the past five years, the fund
was up an average of 2.7% annually, well ahead of the
Bloomberg Barclays U.S. Aggregate and 81% of Core
Plus Bond’s Morningstar intermediate-term peers.
Founded in 1995 as a minority-owned enterprise, TCH
has grown to manage more than $12 billion in assets,
exclusively in fixed income. In 2011, the Bank of Montreal
acquired the parent company of TCH, broadening the
firm’s distribution while leaving its processes and culture
in place. “We’re very careful about the people we bring
in,” Kimball says of the team of six portfolio managers,
eight analysts, and two traders. “No megalomaniacs.”
Kimball still relishes a spirited debate about the merits
of an investment idea. “We
continued on page 34
Jeffery Salter for Barron’s
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A DEFINING MOMENT FOR SCOTT KIMBALL CAME DURING HIS
34
BARRON’S
have an open architecture, and questions go
back and forth; you have to have thick skin
because there’s nowhere to hide,” he says.
Even so, “the fast answer is not always
the better answer,” he says, in response to a
question about pet peeves. The others: “Don’t
bother me when I’m fishing in the Keys, and
never say anything negative about the University of Miami Hurricanes,” says Kimball,
a graduate of the university’s business school.
Kimball and his co-managers don’t hitch
the fund’s fate to sweeping macroeconomic
views. Nor do they use derivatives. Instead,
they build the fund, bond by bond, looking to
capitalize on the inherent inefficiencies of the
bond market. “If you want to buy General
Electric stock [GE], you just buy GE,” he
BMO TCH Core Plus Bond
1-Yr
Total Return*
3-Yr
5-Yr
MCYBX
2.6%
2.7%
2.7%
Bloomberg Barclays
U.S. Aggregate Bond
1.3
2.5
2.0
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To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
Top 10 Corporates
% of
Portfolio**
International Business Machines
1.604% due 1/27/20
2.3
Abbott Labs 2.350% due 11/22/19
2.1
Daimler Finance 1.977% due 1/6/20
2.1
Activision Blizzard 4.500% 6/15/47
1.7
Goldman Sachs Group 2.523% due 4/23/20 1.7
Kraft Heinz Foods 3.000% due 6/01/26
1.6
Coach 4.125% due 7/15/27
1.6
Ebay 2.248% due 1/30/23
1.6
Becton, Dickinson 4.686% due 12/15/44
1.6
Mexichem Sab 6.750% due 9/19/42
Total
1.5
17.8
*All returns are as of 11/8; three- and five-year returns are annualized.
**As of 9/30 Sources: Morningstar; BMO Global Asset Management
says. “But there are probably dozens of different bonds that you can buy within GE.”
With a relatively concentrated portfolio
(for fixed income) of under 250 securities, every decision counts. “We ask our analysts to
take an independent view of what they think
are the most creditworthy companies today,
and 18 to 24 months into the future,” Kimball
says. “Forget the ratings, forget the sell-side
research. Who do you think are the best
companies today and tomorrow?”
The Core Plus Bond team is organized
by sector, and includes specialists in highyield, global sovereign, and securitized debt.
Nearly half of the fund is in corporate
bonds, and about 35% is in agency passthrough mortgage-backed securities, chosen
via a bottom-up process of security selection.
Kimball and his co-managers form a
view of how they want to position the portfolio in terms of interest rates, sectors,
country, and credit quality. They then reconcile that perspective with ideas from their
analysts. They may ask them to rethink
recommendations and find alternatives.
Sometimes, the managers adjust their portfolio construction to reflect what the analysts are finding. “The risk-return trade-off
decision has to be made for every security,”
Kimball says.
Once they buy a bond, they typically
hold it for six months to a couple of years.
While most investors bemoan what
seems to be a dearth of investment opportunities, the TCH team continues to find price
dislocations in the market. “For all the lack
of volatility, broadly speaking, when there is
an opportunity, it tends to move pretty radically in credit,” Kimball observes.
Following Amazon.com’s (AMZN) June
announcement that it would acquire Whole
Foods Market, retailers’ bond prices fell,
sending yields higher. (Bond yields move in
the opposite direction to price.) Kimball and
his team saw value in Kroger’s (KR) investment-grade bonds, building up their position
throughout the third quarter as the bonds’
yields widened to nearly 5% from just over
4%. “There is little geographic overlap
between [Whole Foods and Kroger],” he
says, noting that Kroger has a much larger
footprint than Whole Foods. If Kroger bonds
recover, fund investors will make money. If
they don’t, investors will earn higher yields
for “a stable investment-grade story.”
Health-care stocks also have suffered
bouts of volatility in the past couple of
years. Bond investors got skittish this year
when medical-device maker Becton, Dickinson (BDX) took on debt to fund the acquisition of another device company, C.R.
Bard (BCR). Yields on Becton, Dickinson
investment-grade bonds hit almost 5% in
the second quarter. “We asked, ‘Is this a
company that has permanently changed its
philosophy about debt, or are they diversifying revenue by buying a high-quality
asset?’ ” says Kimball, whose team concluded that it was the latter. The company’s
bond prices have since recovered, trimming
yields by more than a half-percentage point.
Similarly, the TCH team recently took a
position in Valeant Pharmaceuticals’ (VRX)
short-dated high-yield bonds, yielding nearly
8%. “While the company has been heavily
scrutinized for its sales and prescription-drug
practices, it has avoided generic pharmaceutical pricing pressures,” says Kimball.
Valeant has a solid lineup of undervalued
assets generating positive free cash flow, including Bausch & Lomb, the maker of contact lenses and other eye products, he adds.
Kimball’s team was particularly interested in buying the 2021 bonds. Because of
their restrictive covenants, he says, Valeant
might want to retire them early. And if it
doesn’t, he adds, “the company has sufficient liquidity to keep paying them off.” Scoreboard:
November 13, 2017
Tougher Times
(U.S. stock funds fell 0.3% last week as investors assessed conflicting tax plans and higher rates.
Energy-related funds rose and financial-services funds fell.
U.S. STOCK FUNDS
TOP SECTOR / Natural Resources Funds
BOTTOM SECTOR / Financial Services Funds
S&P 500
U.S. BOND FUNDS
Bloomberg Barclays AGG Bond
One Week
Year-to-Date
– 0.32%
3.07
– 2.84
0.18
– 0.17
0.01
14.0%
– 7.1
8.6
15.5
3.7
2.8
THE WEEK'S TOP 25
Fund
Investment Objective
Rydex Energy Svcs Inv / RYVIX
Fidelity Sel Enrgy Ser / FSESX
Footprints Disc Val A / DAVAX
Ivy Energy I / IVEIX
G&R Resources Inst / GRHIX
Oberweis China Opps Inv / OBCHX
Tortoise Sel Opp Inst / TOPIX
Victory Gl Nat Res Y / RSNYX
Voya Russia A / LETRX
BlackRock En & Res A / SSGRX
Invesco Energy A / IENAX
Chou Opportunity / CHOEX
Oppenheimer SP Pano A / EESAX
Rydex Energy Fund Inv / RYEIX
Destinations Real Asset / DRAFX
Oppenheimer Glbl Opp A / OPGIX
Fidelity Sel Energy / FSENX
Fidelity Adv Energy I / FANIX
Meridian Equity Inc Leg / MEIFX
Altegris AACA Opps RE I / RAAIX
Fidelity Sel Nat Gas / FSNGX
US Glbl China Region / USCOX
AC ONE China Inst / ACOIX
ICON Energy S / ICENX
Guinn Atkin Gl Energy / GAGEX
Natural Resources
Natural Resources
Flexible Portfolio
Natural Resources
GL Natural Resourc
China Region
Natural Resources
GL Natural Resourc
Emerging Markets
GL Natural Resourc
Natural Resources
Flexible Portfolio
Energy MLP Funds
Natural Resources
Specialty & Misc
GL Sm/Mid-Cap
Natural Resources
Natural Resources
Equity Income
Real Estate
Natural Resources
China Region
China Region
Natural Resources
GL Natural Resourc
One Week
Year-to-Date
7.30%
6.38
5.79
5.25
4.35
4.35
4.18
4.18
3.96
3.95
3.73
3.71
3.70
3.70
3.69
3.61
3.45
3.42
3.40
3.37
3.34
3.34
3.31
3.30
3.23
– 21.5%
– 16.4
– 10.3
– 16.0
– 4.0
57.9
– 8.7
2.7
12.2
– 7.7
– 9.8
3.3
– 11.0
– 9.2
NA
39.0
– 7.5
– 7.5
25.2
20.2
– 16.0
60.8
45.6
– 5.2
– 2.7
One Week
Year-to-Date
– 4.89%
– 4.89
– 4.62
– 4.46
– 4.34
– 4.27
– 4.01
– 3.87
– 3.77
– 3.68
13.8%
3.3
– 5.2
3.9
1.9
5.9
5.8
4.5
7.1
– 15.0
THE WEEK'S BOTTOM 10
Fund
Investment Objective
B Riley Dvsfd Eq Instl / BRDZX
J Hancock Reg Bank A / FRBAX
Hennessy Sm Cp Finl Inv / HSFNX
Fidelity Sel Banking / FSRBX
Perritt MicroCap Opp / PRCGX
RMB Inv Fnl Svc A / RMBKX
Emerald Bank&Finance Ins / HSSIX
Rydex Banking Inv / RYKIX
Hancock Hrzn Miccap Inst / HMIIX
Fairholme Allocation / FAAFX
Small-Cap Core
Financial Services
Financial Services
Financial Services
Small-Cap Value
Financial Services
Financial Services
Financial Services
Small-Cap Core
Flexible Portfolio
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 EuPc R6 / RERGX
American Funds ICA A / AIVSX
American Funds Bal A / ABALX
American Funds CWGI A / CWGIX
American Funds Wash A / AWSHX
PIMCO Tot Rtn Inst / PTTRX
American Funds FInv A / ANCFX
Dodge & Cox Income / DODIX
Vanguard PRIMECAP Adm / VPMAX
Met West Total Return I / MWTIX
Franklin Cust Inc A / FKINX
PIMCO Income Inst / PIMIX
DoubleLine Tot Rtn I / DBLTX
Vanguard Sh-Tm Inv Adm / VFSUX
American Funds NPer A / ANWPX
Vanguard Wellesley Adm / VWIAX
T Rowe Price Gro Stk / PRGFX
Vanguard Tgt Ret2025 Inv / VTTVX
Assets
(billions)
$89.4
85.4
84.4
77.1
71.5
68.4
65.5
64.3
62.3
62.0
56.4
56.2
54.8
52.9
52.4
52.1
48.5
46.3
45.5
44.7
42.1
41.7
40.7
40.2
38.0
*Annualized 11/06/2014 to 11/09/2017. Through Thursday.
Investment Objective
Large-Cap Growth
Mix Tgt All Gro
Large-Cap Growth
Mix Tgt All Mod
Global Equity Income
Large-Cap Value
Intl Large-Cap Core
Intl Large-Cap Growth
Large-Cap Core
Mix Tgt All Gro
Global Large-Cap Core
Large-Cap Core
Core Plus Bond
Large-Cap Core
Core Bond
Large-Cap Core
Core Plus Bond
Mix Tgt All Mod
Multi-Sector Inc
US Mortgage
Short Inv Grade
Global Large-Cap Growth
Mix Tgt Alloc Con
Large-Cap Growth
Mixed-Asset Target 2025
3-Year*
Return
1-Week
Return
13.0%
7.9
12.2
6.4
5.1
9.8
4.6
8.8
9.1
8.0
7.7
9.6
3.0
11.9
3.1
12.8
2.3
4.1
6.1
3.0
2.1
11.2
6.2
14.3
6.8
– 0.26%
– 0.18
0.21
– 0.30
0.22
– 0.59
– 1.00
– 0.28
0.29
0.15
0.02
– 0.02
– 0.05
0.05
– 0.07
– 0.19
0.04
– 0.42
– 0.14
0.09
0.03
– 0.07
– 0.08
0.27
– 0.05
YTD
Return
29.6%
11.5
22.7
10.4
12.0
12.1
21.7
29.8
15.2
12.5
21.4
15.1
5.0
19.1
4.0
24.2
3.2
7.1
8.0
3.8
2.3
27.3
8.2
31.8
13.4
Source: Lipper
November 13, 2017
BARRON’S
35
Fund of Information
The Risks When Funds Lend to One Another
by Lewis Braham
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
HOW WOULD YOU FEEL IF YOU INVESTED IN WHAT YOU THOUGHT
was a safe money market fund and discovered the fund’s
management company had loaned some of your fund’s assets
to its junk-bond fund to bail it out of a liquidity crisis?
Under normal circumstances the Securities and Exchange Commission bars funds from making “affiliated
transactions,” but there’s a loophole in the Investment Company Act of 1940 for funds to apply for an exemption to
make such “interfund loans.” Until recently, few fund families applied for this exemption. None had before 1990. From
2006 to 2016, the SEC approved just 18 interfund lending
applications. But since January 2016, the agency has approved 26. Most major fund families—BlackRock, Vanguard,
Fidelity, Allianz—now can make such loans. Stiffer regulations of banks, which are now less willing to offer funds
credit lines, partly explain the application surge.
Interfund lending can be a valuable tool for borrower
funds as there’s a liquidity mismatch between fund shares,
which can be redeemed daily, and their underlying portfolio
securities. This mismatch exists even if a fund invests in
highly liquid stocks, as there’s a two-day settlement period
after the manager executes the sale before the fund receives
the proceeds. The fund investor, meanwhile, receives his
cash by the day’s end.
That mismatch between when the fund investor can redeem his shares and when the fund is compensated for any
security selling is much greater when it’s selling illiquid assets, like some small-company stocks or junk
Cash Track,
bonds. “If I’m holding illiquid assets and you
page M28
decide to withdraw from my fund, there are
two options,” says Vikas Agarwal, a Georgia
State University finance professor who co-wrote a 2017 study
detailing the advantages of interfund lending to borrowers.
“Either I have to hold cash to meet your redemptions, which
is costly for me because cash does not earn me any return,
or I can sell my illiquid assets to give your money back, which
is costly too, as I may have to sell them at fire-sale prices. Interfund lending allows fund managers to reduce these costs.”
Agarwal’s study statistically proved that funds with lending programs invest in more illiquid assets and hold less
cash, which helps returns in good times. Also, when they sell
assets, they do so at better prices, helping in bad times.
While the benefits of interfund lending are clear for borrowers, for lenders it’s another story. “There are several potential conflicts of interest with interfund lending,” says
Erik Gordon, a University of Michigan finance professor.
“Shareholders in the fund not suffering a liquidity problem
most likely have been earning lower returns on that fund
because its investments are of the sort like Treasury bonds
where there’s less likely to be a liquidity problem. There’s
a conflict of interest in seeing those fund assets go across
the desk to a fund that is having liquidity problems in order
to save the shareholders who were getting higher returns
than you were getting because they were taking on higher
risk. Effectively, you’re now like the government bailing
them out from the risks they took.” Such lending was proposed as a potential solution to the fire-sale crash that occurred at Third Avenue Capital two years ago when it shut
down its distressed debt fund amid liquidity pressures.
If another financial crisis occurs, Gordon says some
lender-fund shareholders who thought they were safe will
be on the hook if riskier borrower funds are unable to pay
the loan back. Distressed borrower-fund shareholders will
be unhappy to discover there’s another fund their fund owes
money to while they’re struggling to recover. “Oh my gosh,
this will be a horrendous maze of lawsuits and [counter] lawsuits,” Gordon says. “It will be a bonanza for the lawyers.”
There’s also a potential conflict of interest in the pricing
of such loans. “In the interfund lending applications I’ve
read, the borrowing fund is likely to borrow at a rate lower
than it would be charged by an institution such as a bank
outside the fund family,” Gordon says. “On the other side,
the lending fund will make more than it would make if it
bought repos.” Repos are repurchase agreements—shortterm borrowing for dealers in government securities. The
repo rate is usually low, currently 1.2%. So say the repo rate
is 1% and external banks would lend to a fund at 3%, the interfund loan would be at 2%.
“The interfund lending program has very specific requirements as to what kind of rate you must lend,” says Lu Chang,
chief risk officer at Angel Oak Capital Advisors, which received SEC approval for its three funds to participate in an
interfund lending program this April. “No fund should receive
a better interest rate to the disadvantage of another fund.
The lending rate must be more favorable for the lending fund
than the repo rate.” But Gordon says the repo is a poor
benchmark. “If you’re in the lending fund [and] the actual
market price for that loan is 5% from a bank for a line of
credit, why are you getting paid 4%?” he says. “Just because
the repo rate is 3%? But we’re not buying repos. We’re getting 4% for something the market says we should get 5%.”
Chang says fund directors ensure that loans are mutually
beneficial. “If there’s no benefit to the lending fund and it’s
just to try to rescue a distressed fund, such lending would
not sit well with the board.” Interfund lending is
on the rise. Whether
that’s good or bad
depends on which
fund you’re in.
36
BARRON’S
November 13, 2017
ETF Focus
Complex Game in ETF Shorts
By Lewis Braham
TO MOST INVESTORS, SHORTING EXCHANGE-TRADED FUNDS CAN SEEM LIKE PLAYING
three-dimensional chess. You have to borrow the shares of the ETF, then sell
them and hope to buy them back at a later date at a lower price to profit off
the ETF’s decline. But there’s valuable information to be gleaned from finding
out what short sellers are up to even if you don’t want to play.
The short-interest ratio measures the percentage of a security’s outstanding
shares short sellers are betting against. With ETFs, it can be a useful, if inexact, science because of the vagaries of ETF share accounting and creation,
which enable short interest to exceed an ETF’s asset size. Still, there’s no
question that when you see that the SPDR S&P Retail (ticker: XRT) has a
ratio of 249%—the ETF currently with the highest short interest, according
to ETF tracker XTF—that short sellers are betting strongly against it.
The question is why. The reasons require delving into each ETF’s investment strategy, structure, and the overall market environment. “What you’re
seeing are pairs trades,” says Michael Venuto, chief investment officer of
Toroso Investments, an asset management firm specializing in ETF strategies.
“Nobody is short retail without being long something against it. It’s probably
the clicks versus bricks trade, short the brick-and-mortar stores and go long
online retail.” This year, the SPDR is down 8.3% while Amazon.com (AMZN)
is up 51.6%, and Amplify Online Retail (IBUY), an e-tailer ETF, is up 33.7%.
That said, heavy short interest could also mean a crowded trade. Short retail
positions might be due for a reversal—in Wall Street parlance, a short squeeze.
That’s when a security starts to rally and short sellers are forced to buy it back
or face significant losses. Their forced purchases amplify the rally and their own
losses. “The retail ETF has been on the top of the short-interest list for a long
period,” says Todd Rosenbluth, director of ETF Research for CFRA. So maybe
it’s time to go long the ETF instead of short. One can make a similar contrarian
case for the SPDR S&P Oil & Gas Exploration & Production (XOP), which,
with a 90% short interest, has suffered terribly from oil’s slide.
ETF Table,
More interesting is VanEck Vectors Semiconductor
Barrons.com
(SMH) with a 196% short interest. It has gained 28.7% on an
annualized basis over the past five years, almost double the
Standard & Poor’s 500’s 15.7%. If any ETF is due for a slide, it’s this one. At the
least, if you own chip stocks, shorting this ETF could be a useful hedge, he says.
Even more interesting are the leveraged, volatility, and inverse ETFs being
shorted. Such ETFs are dangerous enough buying outright. Yet shorting the
iPath S&P 500 VIX Short-Term Futures ETN (VXX) with 77% short interest, has been a fantastic investment as it has fallen some 57% annualized over
the past five years. This exchange-traded note—similar to an ETF but with
credit risk—is meant to track the VIX volatility futures.
One reason the trade has been so successful is that the S&P 500’s volatility
levels have been falling consistently since 2011. But another important reason
is that VIX products track futures that are often in contango—a term meaning
the cost of buying a new VIX futures contract is often more expensive than the
old ones they’re replacing, leading to a persistent drag on returns.
“There’s some sophisticated math going on with these positions,” says Dick
Pfister, CEO of AlphaCore Capital, a fund firm that specializes in hedged strategies. “If you take a short position on a triple-short ETF, you’re basically long.
Then you could short the triple-long ETF. Basically you’ve converted those two
ETFs into the opposite of what they were created for.” 
November 13, 2017
BARRON’S
BALANCING THE BOOKS
n
37
Edited by Gene Epstein
Through Dalio’s Transparency, Darkly
Bridgewater’s founder ties success of his hedge fund to more than 200 principles
Principles
by Ray Dalio
Simon & Schuster,
592 pages, $30
Reviewed by Burton G. Malkiel
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
RAY DALIO IS THE BILLIONAIRE FOUNDER OF
Bridgewater Associates, the world’s largest and most successful purveyor of hedge
funds. In this book, he discusses the more
than 200 principles that guide his firm.
The principles range from insightful and
essential to banal, puzzling, inconsistent,
controversial, and dubious.
In 1982, Dalio predicted publicly that
there would be a major economic depression “as bad or worse than that witnessed
in the ’30s,” and he invested accordingly.
In fact, once the U.S. economy recovered
from the recession of 1981-82, a sustained
period of robust growth followed. Being so
publicly wrong cost Dalio everything he
had built up at Bridgewater. This humbling experience was “like a series of
blows to the head with a baseball bat.” But
it taught him that he was too arrogant and
overconfident and that he had failed to do
enough research. In the future, he would
be “radically open-minded” and not feel
“absolutely certain of anything.”
What followed was enormous success
for Bridgewater, with stellar returns for
his two flagship hedge funds as well as the
accumulation of about $160 billion in
assets, making his hedge funds larger than
any others in history.
The overarching goal of the organization, the author says, is to create a “hierarchy of merit” that is consistent with and
essential for a “meritocracy of ideas.” The
diversified investment strategies that are
selected must be “evidence based,” tested
against vigorous debate and criticism of
others, and in the face of uncertainty have
the best expected value and likelihood of
turning out to be correct. The organization
and its people must have the highest standards, and there must be group ownership
of ideas.
Among the more obvious and boring
principles are those such as “organize
departments…around the most logical
groupings” and “problems that have good,
planned solutions are completely different
from those who don’t.”
More puzzling and seemingly inconsistent is the injunction to search for “truth”
(indeed, “radical truth”), despite the correct understanding that uncertainty is a
characteristic of all investment decisions.
And while strong evidence of effectiveness
should guide all decisions, Dalio is content
to categorize employees according to the
flawed Myers-Briggs Type Indicator that
has been the target of extremely harsh
criticism from many psychologists.
Perhaps the most controversial and
dubious principles are those involving the
“radical transparency” with which employees are constantly rated and evaluated. It
is hard to argue against Dalio’s insistence
that employees be evaluated with “radical
honesty,” rather than with kindness in an
attempt to bring their performance up to
a higher level. But one can question
whether it goes too far. Each day, observations (so-called dots) are collected regarding the effectiveness of the organization
and its individual people. All meetings are
taped. Employees are subject to public
criticism, and each one has a baseball card
detailing his or her weaknesses that is
available online for everyone in the organization to see. At some point, what could be
motivating is turned into a toxic work
environment, where employees may feel
marginalized and humiliated. One employee complained to the Connecticut
Commission on Human Rights and Opportunities last year that Bridgewater was a
“cauldron of fear and intimidation.”
Was the success of Bridgewater really
the result of building an organization
based on 200 or more principles and managing the business as “someone operating
a machine”? The turmoil in the organization, including the difficulties in installing
new leadership since Dalio has begun to
pass the reins to others, suggests that
Principles is not a template that can reliably show others how to succeed.
I suspect that the explanations for
Bridgewater’s past success were two fundamental investing insights, which hap-
pen to be supported by some of the finest
academic research. First, build a portfolio
with assets that are as close as possible
to being uncorrelated. The key principle
here is diversification: “Don’t bet too
much on anything. Make 15 or more good
uncorrelated bets.” Second, use leverage
(borrowed capital or financial instruments) wisely to enhance the rate of
return on the safer assets so that they
contribute as much to the overall portfolio return as do the riskier assets. This
is the “risk parity” approach described in
the first section of the book.
While there is no doubt that Dalio
enjoyed enormous investment success, it is
less clear that the same strategies will
prove effective in the future. The period
since the early 1980s was uniquely suited
to a risk-parity approach. The long bull
market in bonds provided an unprecedented beneficial environment for gaining
extra returns from leveraging relatively
safe assets. It is questionable whether the
same strategy will be nearly as productive
in the future. Perhaps the most important
principle is one Dalio learned early on:
“You can never be sure of anything.” BURTON MALKIEL is the author of A Random
Walk Down Wall Street, and is the chief investment officer of Wealthfront.
Thinking About Islam
What the Qur’an
Meant—And Why
It Matters
by Garry Wills
Penguin Random House
240 pages, $25
Reviewed by Joe Queenan
WE IN THE WEST NEED TO BE AT LEAST
vaguely familiar with the Koran, or Quran.
A quarter of the world is Muslim, and by
the year 2050, their share will rise to about
30%. According to Pulitzer Prize–winning
author Garry Wills, the Koran teaches its
followers to revere Jesus as one of Islam’s
most important prophets, and to revere
such titans of Judaism as Abraham and Moses, and a host of lesser Jewish prophets.
The author points out that Jesus, a Jew,
isn’t celebrated in the Koran as the
founder of the religion that brought the
world the Crusades, but as a prophet
whose teachings prepare the world for
Muhammad. Another thing most Christians
aren’t aware of is that Mary, the mother of
Christ, is the only female mentioned by
name in the entire Koran. The author also
suggests that U.S. politicians clamoring for
increased troop levels in the Middle East
should be careful about using the word
“crusade” to describe the enterprise.
Wills works hard to convince readers
that murderous terrorist groups are heretics who have corrupted the message of
the Koran. He says to forget the propaganda about suicide bombers being
rewarded with all of those virgins.
He insists that Islam is a religion of
peace and forgiveness that is not at war
with Jews or Christians, and has never
demanded that devotees of those religions
abjure their faith. That is, at least, Islam
as described in the Koran.
In the end, Wills, a Catholic, advises
Christians to adopt this attitude toward
Muslims: “When Pope Francis says that
Christians can learn from the Koran, he is
not saying that we will learn something
absent from the New Testament, but that
we will reveal our own deepest spiritual
selves by discovering the depths of other
devotion. We recognize ourselves in the
true image of other believers, in the Koran
and in the Torah. We believers encourage
each other over the barriers raised by
people who do not wish us well.”
Noble sentiments, nobly expressed. But
are they likely to sway those who favor a
Muslim ban? What the Qur’an Meant—
And Why It Matters falls into the category of books that preach to a tiny choir.
People who hate Muslims don’t read books
that tell them to stop hating Muslims. It
will take a lot more than a sensitive reading of the Koran to change their minds. JOE QUEENAN is the author of One for the
Books.
38
BARRON’S
SPEAKING OF DIVIDENDS
n
by Teresa Rivas
Targeting Telecoms
Shares have been battered, but the yields are robust
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
FOR YEARS, TELECOM STOCKS WERE BORING,
but the good kind of boring—fairly steady
performers with robust dividend yields
that made them favorites of income-hungry investors. That’s changed recently.
For the year to date, the SPDR S&P
Telecom ETF (ticker: XTL) is down
5.1%, while the sector’s two giants, AT&T
(T) and Verizon Communications (VZ),
are off 19.5% and 16.1%, respectively,
during a time when the Standard &
Poor’s 500 index has gained more than
15%. Those losses have made the stocks’
individual payout yields all the juicier
(AT&T’s was recently at 5.8%). But with
telecom rapidly changing, have incomeoriented investors lost a safe haven?
Not quite. Telecoms may not be the
next highflying tech stocks, and income
investors may have to put up with a bit
more volatility in the future, but the sector should be able to recover from its dismal performance for a better 2018.
There’s no denying telecom is in a
slump. According to data from Cirrus Research, large-cap telecoms are down, on
average, 7.8% for the year to date, and
the stocks are far from their 1990s hey-
disaster, says Cirrus managing director
Pankaj Patel, who advises investors to
weigh yield alongside low payout ratios
and dividend growth.
Dividends look safer at the larger,
more stable telecoms, and their big declines make them one of the few inexpensive places to hide when the S&P 500 has
hit more than 50 new highs this year.
And telecoms’ defensive nature means Dividend
they’d take a smaller hit Payments,
in a downturn. Stand- page M39
point Research founder
Ronnie Moas says, “If we get a correction in the market, the downside here [is]
maybe half of what it is in the S&P.”
At this point, big telecoms may already be pricing in most of the bad news,
investors’ expectations have been reset
drastically lower, and there are still potential catalysts, like tax reform.
So which is the better bet? Our
money is on AT&T: It’s cheaper than Verizon on a 2018 price/earnings basis, has
a fatter yield, and would see a big bump
if its Time Warner (TWX) acquisition,
which has been cast into
doubt recently, closes.
Silver Lining
Verizon is more leveraged to the U.S. wireless
The stocks of the two major telecom stocks have taken
space, which, in the
a hit, but income investors should still be drawn to their
wake of the dissolution
juicy payout yields.
of the Sprint (S)/T-MoMarket
YTD
Recent
Value
Total
12-Mo
bile US (TMUS) deal,
Company / Ticker
Price
(bil)
Return
Yield
seems destined to stay
AT&T / T
$33.44 $205.3 -17.4%
5.8%
extremely competitive,
while AT&T has been diVerizon / VZ
45.46
185.5 -10.7
5.2
versifying with moves
As of 11/08/17
Source: Bloomberg
like buying DirecTV,
day, when their dividend yields and total which has also allowed it to lower subreturns handily outperformed large-cap scriber churn.
peers. But with an average current yield
Eagle Asset Management co-portfolio
of 3.9%, it’s easy to see why the sector manager Harald Hvideberg admits it’s
still interests income investors.
been hard to find attractive telecom
stocks lately, but AT&T is his favorite:
The first step is to dismiss the greatest With a yield near 6%, investors “don’t
temptation: to grab the highest yields. need much incremental capital appreciaFor example, Consolidated Communi- tion for a good total return.”
cations Holdings (CNSL) yields 10.8%,
Ultimately he thinks telecom will
and CenturyLink (CTL) offers an even overcome its rough patch, and for “inves14%, but these come on the heels of big tors seeking income opportunities and a
stock declines and may not be sustain- relatively safe place, telecom still fits that
able. Chasing yield alone is a recipe for description.” November 13, 2017
“The hype of AI misses the basic fact that human
thinking is analog, not digital.” JOHN STURGES, White Plains, N.Y.
Mailbag
Mailbag
The Great Tax Debate
To the Editor:
Taxpayers, investors, and Americans in
general should take the long view on the
proposed tax cuts discussed in your
recent articles, instead of focusing on the
specifics of who wins and loses (“The
GOP Rethinks Debt and Taxes,” Up &
Down Wall Street, and “What Investors
Need to Know About the Tax Bill,”
Nov. 4).
Let’s not let the perfect become the
enemy of the good-enough. Let’s focus
on the total picture, including asset values, doing what’s possible, and realizing
that any victory gets us closer to the
ideal that we all seek.
ROBERT DAVIDOW
Palm Beach, Fla.
danger of relying on trickle-down
economics to restrain the nation’s debt,
as the Republican tax bill does, one need
only observe what Gov. Sam Brownback’s ill-conceived policies have done to
the state of Kansas with a similar
program.
JIM KUDLINSKI
Overland Park, Kan.
To the Editor:
House Minority Leader Nancy Pelosi
has advised her fellow Democratic congressmen to keep open minds but to vote
“No” and not read the new tax bill.
DAVID J. GROSS
St. Augustine, Fla.
Human Intelligence
To the Editor:
To the Editor:
The Federal Reserve has amply demonstrated that its quantitative-easing policy, which created $2.3 trillion of bank
liquidity in the form of excess reserves
intended to increase lending and thus
economic growth, was an abject failure.
President Donald Trump and the
GOP seem to be ignoring this recent history lesson and expect that corporate tax
cuts, including repatriation of about
$2.5 trillion housed overseas, will somehow do what the Fed’s $2.3 trillion
couldn’t.
Surely they know that Ronald Reagan’s 1986 tax cuts were successful in
creating growth because they were
directed at lower-income taxpayers,
those who can be expected to employ
their newfound cash in the economy, thus
stimulating consumption.
Without such increased consumption,
it is unlikely that corporations will employ capital from a corporate tax cut for
economic-growth purposes, and instead
buy back stock, increase dividends, or
stash it domestically.
Moreover, as a prime example of the
The hype of AI misses the basic facts
that human thinking is analog, not digital
(“Artificial Intelligence’s Winners and
Losers,” Streetwise, Nov. 4).
Humans think emotionally, using empathy to test the beliefs of others and
the truthfulness of the fact that others
claim. With no individual being able to
develop all of the skill sets for survival,
the evidence for a skill-set marketplace
as the basis for human survival and evolution can be traced to six million years
ago.
Humans have navigated the world in
this fashion for millions of years of evolution. Humans survive by learning from
the experiences of others and rely on the
expertise of others in a vast sharing
marketplace. It is an analog process that
includes life experience adding color to
our thinking.
Empathy is greatly underappreciated.
No computer will ever evolve to the point
of making empathic connections with
humans.
JOHN S. STURGES
White Plains, N.Y.
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.
November 13, 2017
BARRON’S
39
Other Voices
by Christopher Smart
The Real Risk to the Global Economy
global markets is their irrepressible enthusiasm, even as the world appears on the verge
of chaos or collapse. And yet, investors may be
more rational than they appear when it comes
to pricing in political risks. If investing is foremost about discounting future cash flows, it’s
important to focus precisely on what will and
will not affect those calculations. The potential
crises that may be most dramatic or violent
are, ironically, the ones that the market has
the easiest time looking through.
Far more dangerous are gradual shifts in
international global institutions that upend expectations about how key players will behave.
Such shifts may emerge only slowly, but they
can fundamentally change the calculus for
pricing in risks and potential returns.
Today’s market is easy to explain in terms
of fundamental factors: earnings are growing;
inflation is at bay; and the global economy appears to be experiencing a broad, synchronized expansion. In October, the International
Monetary Fund updated its global outlook to
predict that just a handful of small countries
will suffer a recession next year. And while the
major central banks are planning, or have already begun, to tighten monetary policy, interest rates will remain low for now.
Political crises, however sensational, aren’t
likely to change investors’ economic calculus.
Even after the greatest calamities of the 20th
century, markets came back fairly quickly. After Japan’s attack on Pearl Harbor, U.S. stock
markets fell by about 11%, but recovered
within six weeks. Similarly, after the assassination of President John F. Kennedy, stock prices
fell less than 3%, and recovered the next business day. And after the terrorist attacks of
Sept. 11, 2001, U.S. stocks dropped about 12%,
but bounced back three weeks later.
Yes, each political crisis is different. But
through most of them, notes veteran emerging
markets investor Jens Nystedt, market participants can count on a response from policy
makers. Central banks and finance ministries
will almost always rush to offset rising risk
premiums by adjusting interest rates or fiscal
policies, and investors bid assets back to their
precrisis values.
Today, a conflict with North Korea over its
nuclear and missile programs tops most lists
of potential crises. Open warfare or a nuclear
incident on the Korean Peninsula would trig-
ger a humanitarian disaster, interrupt trade
with South Korea—the world’s 12th-largest
economy—and send political shock waves
around the world. And yet such a disaster
would most likely be brief, and its outcome
would be clear almost immediately. The
world’s major powers would remain more or
less aligned, and future cash flows on most investments would continue undisturbed.
The same can be said of Saudi Arabia,
where Crown Prince Mohammed bin Salman
just purged the government and security
apparatus to consolidate his power. Even if a
sudden upheaval in the kingdom were to
transform the balance of power in the Middle
East, the country would still want to maintain
its exports. And if there were an interruption
in global oil flows, it would be cushioned by
competing producers and new technologies.
Similarly, a full-scale political or economic
collapse in Venezuela would have serious
regional implications, and might result in an
even deeper humanitarian crisis. But it would
probably not have any broader, much less systemic, impact on energy and financial markets.
Such scenarios are often in the headlines,
so their occurrence is less likely to come as a
surprise. But even when a crisis, like a cyberattack or an epidemic, erupts unexpectedly,
the ensuing market disruption usually lasts
only as long as it takes for investors to reassess discount rates and future profit streams.
By contrast, changes in broadly shared eco-
nomic assumptions are far more likely to trigger a selloff, by prompting investors to reassess the probability of actually realizing
projected cash flows. There might be a dawning awareness among investors that growth
rates are slowing, or that central banks have
missed the emergence of inflation once again.
Or the change might come more suddenly,
with, say, the discovery of large pockets of
toxic loans that are unlikely to be repaid.
As emerging market investors well know,
political changes can affect economic assumptions. But, again, the risk stems less from
unpredictable shocks than from the slow
erosion of institutions that investors trust to
make an uncertain world more predictable.
For example, investors in Turkey know
that the country’s turn away from democracy
has distanced it from Europe and introduced
new risks for future returns. On the other
hand, in Brazil, despite an ongoing corruption
scandal that has toppled one president and
could topple another, investors recognize that
the country’s institutions are working—albeit
in their own cumbersome way—and that they
have priced risks accordingly.
The greatest political risk to global markets today is that key players shaping investor expectations undergo a fundamental realignment. Most concerning of all is the U.S.,
which is seeking to carve out a new global role
for itself under President Donald Trump.
By withdrawing from international agreements and trying to renegotiate existing trade
deals, the U.S. has become less predictable.
Looking ahead, if Trump and future U.S. leaders continue to engage with other countries
through zero-sum transactions rather than cooperative institution-building, the world will
be unable to muster a joint response to the
next period of global market turmoil.
Ultimately, a less reliable U.S. will require
a higher discount rate almost everywhere. Unless other economic cycles intervene before investors’ expectations shift, that will be the end
of the current market boom. CHRISTOPHER SMART is a senior fellow at the
Carnegie Endowment for International Peace and
the Mossavar-Rahmani Center at Harvard University’s Kennedy School of Government.
Copyright: Project Syndicate, 2017
www.project-syndicate.org
If Trump and future U.S.
leaders continue to engage
with other countries through
zero-sum transactions,
the world will be unable
to muster a joint response
to the next period of global
market turmoil.
Curt Merlo for Barron’s
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To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
ONE OF THE GREAT MYSTERIES OF TODAY’S
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To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
40
BARRON’S
November 13, 2017
November 13, 2017
BARRON’S
M1
November 6 through November 10, 2017
Index to Statistics 17
•
“Only this Congress
could cut taxes and
halt an eight-week
stock-market rally.”
The major
market indexes have
been making new highs, but beneath the
surface things aren’t so bubbly. A Wellington Shields report notes that the records come with surprisingly few stocks
advancing. Last Tuesday’s new high in the
Dow came with fewer than half the components participating. The Nasdaq likewise hit an all-time record with fewer than
30% of stocks rising. Wednesday brought
more of the same. In four sessions in the
past month, the averages hit new highs
while the number of decliners outnumbered advancers. That last happened back
in 1999, which makes it more than a little
worrisome. For now it’s a short-term divergence, but it bears watching.
The Trader
Emerging Markets
The S&P 500 slips 0.2%
as stocks recover from
steeper losses. 3
Political turmoil in Saudi
Arabia clouds timing of
Aramco offering. 7
European Trader
Striking Price
A bullish assessment of
AMS, which powers
iPhone X’s Face ID. 6
Bitcoin futures could
hurt trading and
clearing firms. 8
Asian Trader
Current Yield
Nintendo shares might
bring Christmas cheer
as Switch console sells. 7
Investors shouldn’t
assume Powell will be
Yellen redux at Fed. 10
Smiley Face
Stocking Stuffer
Our Founder
Clarence Barron
Oil’s Not Well
Bitcoin or Bust
Policy Shift?
Milton Glaser for Barron’s
On the Rebound?
M2
BARRON’S
November 13, 2017
Charting the Market
A graphic look at selected stock activity for the week ended on November 10, 2017 n Edited by Bill Alpert and David Schutt
J.C. PENNEY
M&T BANK
JCP (NYSE) • 3.17 • 0.80
After having cut its thirdquarter forecasts, the embattled retailer topped them
with $2.8 billion in sales and
a smaller-than-expected loss
of 33 cents a share.
N
D
J
F
M
A
M
J
J
4.0
171
3.5
The spread between
short- and long-term rates
is narrowing, stirring fears
in some quarters that bank
profits will be squeezed.
Tax delay also could hurt.
167
3.0
2.5
2.0
M T W T F
Stock Price $
11
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
D
J
F
M
A
M
J
J
The closeout website
turned a profit on its retail
operations in September,
while advancing its new
blockchain initiatives. Two
big hedge funds bought in.
N
D
J
F
M
A
M
J
J
155
M T W T F
Stock Price $
177
17.0
AAOI (NASD) • 45.30 • 7.48
48
15.5
Following a reduction in
guidance in mid-October,
the high-speed transceiver
maker’s third-quarter results came in near the top
of estimates.
45
14.0
12.5
11.0
M T W T F
Stock Price $
36
42
39
36
M T W T F
Stock Price $
107
164
30
88
151
24
69
5
138
18
50
3
125
12
31
1
112
6
12
Volume in Millions
218
109
0
Volume in Millions
10
5
0
Volume in Millions
350
175
0
Volume in Millions
34
17
0
A
S
O
N
N
D
J
F
M
M
J
J
A
S
O
N
N
D
J
F
M
A
M
J
J
A
S
O
N
TRUE (NASD) • 11.22 • -4.87
18
KORS (NYSE) • 54.71 • 7.09
57.0
Missing its sales projections for the latest quarter,
the car-pricing service projected full-year revenues
that fell short of Wall Street
forecasts.
16
Higher-priced bags and
lower expenses helped the
fashion firm earn $1.33 a
share on sales of $1.1 billion
in its September quarter—
better than was expected.
55.5
35
Stock Price $
46.5
D
J
F
14
12
10
M T W T F
Stock Price $
22
M
A
M
J
J
A
S
O
N
LENDINGCLUB
41
37
N
MICHAEL KORS HOLDINGS
43
39
M T W T F
A
TRUECAR
54.0
52.5
M T W T F
51.0
Stock Price $
57
LC (NYSE) • 4.30 • -1.33
6.0
Although the online lending marketplace grew revenue 34% in the September
quarter, it cut guidance for
December and will halt lending to certain borrowers.
5.5
5.0
4.5
4.0
M T W T F
Stock Price $
7.0
44.5
19
52
6.4
42.5
16
47
5.8
40.5
13
42
5.2
38.5
10
37
4.6
36.5
7
32
4.0
Volume in Millions
48
24
0
Volume in Millions
32
16
0
Volume in Millions
42
21
0
Volume in Millions
86
43
0
A
S
O
N
N
D
J
F
M
OVERSTOCK.COM
OSTK (NASD) • 53.15 • 8.60
159
Beating third-quarter estimates, the Canadian drugmaker drew on solid growth
from its Bausch & Lomb
eye-care business and reaffirmed its Ebitda forecast.
APPLIED OPTOELECTRONICS
7
JCI (NYSE) • 36.93 • -3.75
N
163
VRX (NYSE) • 15.38 • 3.89
9
JOHNSON CONTROLS INTERNATIONAL
Although on target, the
office-building infrastructure maker’s 13% profit
gain, to $2.60 a share for
2017 on revenues of $30.1
billion, disappointed some.
VALEANT PHARMACEUTICALS INTL
MTB (NYSE) • 157.10 • -11.66
A
M
J
J
A
S
O
N
N
D
TRIPADVISOR
58
TRIP (NASD) • 31.19 • -7.69
53
Weak hotel-reservation
volumes cut a third off the
travel website’s Septemberquarter earnings of 36 cents
a share. Rival Priceline also
disappointed.
48
43
M T W T F
38
J
F
M
A
M
J
J
A
S
O
N
N
D
J
F
M
A
HERTZ GLOBAL HOLDINGS
41
HTZ (NYSE) • 19.56 • -4.68
38
The car-rental company
beat forecasts for its September quarter, but warned
that high expenses would
persist in the seasonally
weak December period.
35
32
29
M T W T F
M
J
J
A
S
O
N
ROKU
26
ROKU (NASD) • 33.25 • 13.70
37
24
Users watched 58% more
hours in the video-streaming
outfit’s first quarter since its
IPO, lifting ad revenue. It
sold 35% more of its streaming hardware units.
32
22
20
M T W T F
18
27
22
17
M T W T F
Stock Price $
58
Stock Price $
66.5
Stock Price $
33
Stock Price $
37.5
49
59.0
28
30.0
40
51.5
23
22.5
31
44.0
18
15.0
22
36.5
13
7.5
13
29.0
8
0.0
Volume in Millions
22
11
0
Volume in Millions
58
29
0
Volume in Millions
84
42
0
Volume in Millions
84
42
0
A
S
O
N
N
D
J
F
M
A
M
J
J
A
S
O
N
N
D
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F
M
A
M
J
J
A
S
O
N
N
D
J
F
M
A
M
J
J
A
S
O
N
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.
November 13, 2017
BARRON’S
M3
The Trader
The Week the Market Disappointed Everyone
by 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
IF, AS THE PROVERB SUGGESTS, PEOPLE WHO
Would it be any
surprise if November
falls well short of
bullish expectations?
expect nothing are blessed because they’re
never disappointed, then most of us were
left hurling curses at the market last week.
The bulls, because the major indexes
couldn’t build on previous gains. Anyone
hoping for a quick and easy path to tax reform, thanks to conflicting Senate and House plans. And
even the bears, for the market’s failure to tumble despite
the ample opportunity.
And what an opportunity it was. Last Thursday, the
Standard & Poor’s 500 index dropped as much as 1.1%, but
battled back to finish down just 0.4%. Instead of ending the
benchmark’s streak without a 0.5% decline or more, it extended it to 47 days, the longest streak since 1965.
All told, the S&P 500 declined 0.2% to 2582.30 last week,
while the Nasdaq Composite dipped 0.2% to 6750.94. The
Dow Jones Industrial Average dropped 116.98 points, or
0.5%, to 23,422.21.
Of course, there are plenty more opportunities for disappointment to come. Tensions in the Middle East could continue to rise. Economic data this coming week will have latest inflation readings. Earnings from retail bellwethers like
Wal-Mart Stores (ticker: WMT) and Home Depot (HD) are
due. And, of course, the ongoing tax saga could continue to
swing the market, in what Bank of America Merrill Lynch
describes as “tax reform on, tax reform off.”
Even the conventional risk on/risk off trading pattern
wasn’t what you would have expected last week. Normally,
when stocks and other risky assets decline, bond yields fall
and prices, which move in the opposite direction, rise, as investors seek a haven from the selling. And there were
plenty of reasons to seek safety last week, including the continued turmoil in Saudi Arabia and fears of a bigger war in
the Middle East, notes Steven Englander, head of research
and strategy at Rafiki Capital Management.
But there are also plenty of reasons to worry that the
Federal Reserve will continue to raise interest rates, which
would explain the 0.064-percentage-point increase in the 10year Treasury yield on Friday, the largest since September.
“The up move in bond yields looks like fears that the tightening cycle is beginning, but it’s not really consistent with
regional war and oil price concerns,” Englander says.
But who needs consistency, anyway? Remember, the
stock market just finished one of the least volatile Octobers
on record, while September, rather than living up to its reputation for tepid returns, produced a 1.9% gain for the S&P
500. So would it be any surprise if November—usually one
Dow Jones Industrials
CLOSE 23422.21
PERCENTAGE CHANGE: 52-Wk +24.27 YTD +18.52 Wkly –0.50
22700
21550
20400
19250
18100
N
D
J
S&P 500
F
M
A
M
J
J
A
S
O
N
CLOSE 2582.30
PERCENTAGE CHANGE: 52-Wk +19.31 YTD +15.34 Wkly –0.21
2500
2350
2200
2050
N
D
J
F
M
A
Nasdaq Composite
M
J
J
A
S
O
N
CLOSE 6750.94
PERCENTAGE CHANGE: 52-Wk +28.91 YTD +25.41 Wkly –0.20
6450
6000
5550
5100
N
D
J
F
Barron’s 400
M
A
M
J
J
A
S
O
N
CLOSE 678.94
PERCENTAGE CHANGE: 52-Wk +19.83 YTD +12.85 Wkly –1.06
670
630
590
550
N
D
J
F
M
A
M
J
J
A
S
O
N
Source: Barron’s Statistics
M4
BARRON’S
November 13, 2017
of the strongest months of the year—falls
well short of bullish expectations? Hedge
funds, says Wellington Shields technical analyst Frank Gretz, appear to have loaded up
on stocks to take advantage of the 11th
month’s reputation for stellar gains, something he calls worrisome. “Talk is one
thing,” Gretz says. “The worry part is if everyone acts on this positive seasonality.”
Banks Yield to the Yield Curve
Borrow, Earn, Spend and Invest
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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.
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Banks got so beaten up last week that it’s
fair to ask if they can bounce back. The
answer: You can bank on it.
Sure, the SPDR S&P Bank exchangetraded fund (KBE) tumbled more than 4%
last week, its worst since August, as concerns about the flattening yield curve and
what it might say about the state of the U.S.
economy caused investors to flee the sector.
History, however, shows that bank stocks
can outperform regardless of whether the
curve is flattening or steepening. And that
suggests that the current pullback is not the
first leg in a bigger drop but a chance to
buy the dip.
Let’s face it: The yield curve is the big issue for banks right now. Yes, the gap between short-term interest rates and the 10year Treasury note has been narrowing—
what’s known as a flattening yield curve. And
yes, that is ostensibly bad for banks, which
turn a profit by lending long in the form of
mortgages and other personal loans, and borrowing short in the form of interest paid on
deposits. A flattening yield curve also implies
that longer-term economic growth could be
slower than short-term growth.
That assumes, however, that the yield
curve will keep flattening, which is no sure
thing. Investors are looking at the Federal
Reserve’s rate-hike projections—one more
this year and at least three in 2018—and the
current muted rate of inflation, and worry
that the central bank will tighten financial
conditions enough to cause a recession. Yet it
wouldn’t take much in the way of an inflation
pickup to offset some of those concerns, says
Evercore ISI strategist Dennis DeBusschere. “It’s tightening if you raise three
times and there’s no inflation,” he says. “If
inflation snaps back, that’s not a problem.”
Investors might even be making too
much of the yield curve, says Strategas
Research Partners technical analyst Chris
Verrone. During the past 75 years, banks
have outperformed the overall market
during five different periods. But don’t look
to the yield curve for a clue as to why.
Yes, banks outperformed the S&P 500 by
82 percentage points from 2000 to 2004 and
by 73 points from 1980 to 1986, periods
when the yield curve was steepening. But
they also outperformed the index by 51
points from 1990 to 1997, when the curve
was flattening. And banks outperformed by
45 points from 1956 to 1963, and by 97
points from 1967 to 1973, periods in which
the yield curve can be best described as volatile. To Verrone, that suggests one thing:
“When we get down days, you want to step
in and buy the banks,” he says.
Of course, there’s more to the bank
decline than just the yield curve. Some have
suggested that last week’s rout was a response to the Senate version of the
Republican tax plan, which would delay the
corporate tax cut to 2019, causing many to
question how big a boost it would give the
economy—and even whether a package will
ultimately get passed.
But if we assume that a plan of some sort
is approved—fear of a midterm election debacle should be a great motivator—the details of the Senate plan point to a boost for
banks. KBW analysts Brian Gardner and
Michael Michaud note that limits on interest
deductions could have a negative impact on
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Last Week Week Earlier
NYSE Advances
Declines
1,275
1,518
1,786
1,559
Unchanged
57
41
New Highs
356
434
New Lows
Av Daily Vol (mil)
Dollar
(Finex spot index)
T-Bond
(CBT nearby futures)
Crude Oil
(NYM light sweet crude)
205
186
3,654.5
3,743.3
94.39
94.94
152-100
153-210
56.74
55.64
Inflation KR–CRB
(Futures Price Index)
191.65
189.38
Gold
(CMX nearby futures)
1272.40
1266.50
November 13, 2017
loan demand, but the damage would probably be offset by allowing capital spending to
be expensed immediately. The upshot: “We
think lower corporate tax rates would benefit banks, although not as quickly as the
House bill,” they wrote in a note last week.
A lot of the longer-term forces that have
caused banks to underperform are now dissipating, says Strategas’ Verrone. Regulation is getting less onerous, banks aren’t being forced to delever, and Treasury yields
appear to have found a bottom. That has
helped banks outperform the S&P 500 by
more than 20 percentage points since the index’s February 2016 bottom.
But periods of outperformance by banks
tend to last a lot longer than that. Verrone
calculates that they last an average of six
years, with an average outperformance of
70%. Which means the bank rally could have
legs—a lot more. “Best guess?” says Verrone. “Another three to five years.”
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Bonds Don’t Know More Than You
The bond market is supposed to be the
smart money, predicting market blowups
long before equity investors have caught a
whiff of the danger. No longer.
Last week, the iShares iBoxx $ High
Yield Corporate Bond ETF (HYG) fell almost 1%, its largest weekly drop since August. It was the ETF’s third consecutive
weekly drop, its longest losing streak in
nearly a year. The weakness has some investors wondering what junk bonds are seeing
that we’re missing.
The answer: Nothing that stocks haven’t
known about for a while now. And that
means the jitters caused by the high-yield
selloff could soon be past.
Sure, it’s easy to read any decline in
high-yield as a warning sign. But this
week’s weakness was the result of selling
bonds related to events in a small number of
companies: Sprint (S) and T-Mobile US
(TMUS) ending their merger talks without
a deal, downgrades and earnings from companies like Teva Pharmaceutical Industries (TEVA) and CenturyLink (CTL), and
the Department of Justice opposing the
AT&T (T) merger with Time Warner
(TWX). All told, just 12 high-yield bonds
accounted for half of the pain in the junk
index last week, according to Bank of America Merrill Lynch strategist Oleg Melentyev.
“The high-yield bond market experienced
some volatility in recent sessions, driven
primarily by a confluence of several meaningful and yet only loosely related events,”
he wrote in a note.
The stock market had seen much of the
bad news coming. Teva’s stock has plunged
nearly 70% this year, while the telecommunications sector is off 18%, making it the worstperforming sector in the S&P 500 in 2017.
BARRON’S
Industry Action
Performance of DJ U.S. Ind, ranked by wkly % chg.*
Oil & Gas
1.29%
Consumer Goods
Consumer Services
Utilities
1.29
0.73
0.34
–0.06 Technology
–0.65
–0.89
M5
The next chapter
in investing
™
Health Care
Industrials
–1.27
Basic Materials
–1.33
Financials
–1.39
Telecommunications
* For breakdown see page M36. Source: S&P Dow Jones Indices
In other words, many of the moves in
high-yield bonds last week were as much a
matter of catching up to these stock moves
as something dire lurking beneath the surface, says Evercore ISI’s DeBusschere.
There’s another reason for the pain in
high-yield bonds this week: The release of
Republican tax plans, which limit the
deductibility of interest payments by highly
indebted companies. The plans would cap
the deduction for companies with net interest that’s more than 30% of earnings before
interest, taxes, depreciation, and amortization. Jefferies strategist Sean Darby notes
that junk investors recognized this could be
a problem only very recently—and withdrew
$990 million from high-yield funds over the
past two weeks. “The fact that the credit
markets had only begun to discount the potential tax changes on interest expensing is
a little alarming,” he wrote.
Still, the number of companies that
would meet that debt requirement is small—
just 55 nonfinancials in the S&P 1500 in at
least two of the last three years, among
them retailer J.C. Penney (JCP), hospital
operator Tenet Healthcare (THC), and
Frontier Communications (FTR). “We believe we can attribute some of the jitters in
high-yield to these names and other issuers
with similar concerns,” says Strategas fixedincome strategist Thomas Tzitzouris.
To be sure, we can’t write off every highyield selloff. A plunge in energy-related
bonds in early 2016—one that started off as
a similar catch-up with oil stocks—spread to
the rest of the market as investors extrapolated to a possible global recession. They
were wrong, of course, but that didn’t keep
the S&P 500 from dropping 11% during the
first 28 trading days of the year. This time,
though? “Nothing like that is on the horizon,” DeBusschere says.
At least not yet. email: ben.levisohn@barrons.com
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M6
BARRON’S
European Trader
Face ID Specialist AMS Is Still Looking Good
by Victor Reklaitis
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
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THE FACIAL-RECOGNITION FEATURE IN APPLE’S NEWEST IPHONE
The iPhone X
supplier’s stock, which
has tripled so far this
year, may have even
more room to run.
has drawn all sorts of attention, with at least one reviewer
moaning about missing the fingerprint sensor that’s in older
models.
One group that shouldn’t be complaining: shareholders
in AMS (ticker: AMS.Switzerland), whose sensor technology
helps power the iPhone X’s Face ID feature. The Austriabased chip company’s stock has roughly tripled so far this
year for the Stoxx Europe 600 Index’s biggest advance by
far, helped by bets that it’s into something good with Apple
(AAPL). AMS—known at its 1981 founding as Austria Mikro
Systeme—is promising strong revenue gains (compound
annual growth of more than 40% from 2016 through 2019)
and solid profit margins (an adjusted core margin of 30%
starting in 2019).
AMS shares still have a charge left, according to a Morgan
Stanley analyst team led by Francois Meunier. The bank has
an Overweight rating on the Swiss-listed stock and a price
target of 125 Swiss francs ($125), implying a rally of about
30% from its recent CHF95 price. That’s well above the average analyst target, which comes in around CHF92, according
to FactSet data.
Too optimistic? Well, the bulls have been right in a big
way this year on AMS, whose headquarters are in a chateau
in the village of Unterpremstätten. So, Morgan Stanley’s take
shouldn’t be dismissed out of hand.
Just as Apple’s TouchID feature was introduced in a
limited fashion but then spread to multiple versions of the
iPhone and iPad, facial recognition looks set to make its way
into a number of Apple gadgets and help AMS shares head
higher, Meunier says. Users who have been unlocking their
phones via a fingerprint sensor increasingly will get access by
just looking at their handsets.
The 3-D sensor module that enables Face ID also could
get a spot on the back of future iPhone models, near the main
camera, rather than just on the screen side. That might allow
for other augmented-reality functions, such as
European
letting people make measurements as they buy
Markets,
apparel online. There are also possible new appage M27
plications for AMS’ 3-D-sensing technology in
self-driving cars and automation-minded industries that already have been among the company’s clients.
The health-care sector might be a promising vein, too.
“They’ve got a portfolio of sensors that are really interesting, including one that you could potentially use for a glucoselevel reading for blood without being really invasive,”
Meunier tells Barron’s, referring to a product that bounces
infrared light off blood vessels in the wrist. “It’s not shipping
in volumes yet, but it’s something that could be big, as well.”
Over the next couple of years, though, it could be all
about Apple. The Cupertino, Calif., colossus, which also buys
ambient-light sensors for other devices from AMS, will
provide about 70% or 75% of AMS’ revenue by 2019, up from
roughly 40% in recent periods, Morgan Stanley reckons.
That type of reliance on a single company is a risk, with
various analysts noting that AMS bulls would like to see it
get more traction in smartphones that use the Android operating system. There is also a chance that Apple could develop
similar technologies on its own, cutting AMS out of the
picture. This potential problem can be tough to sidestep.
“It’s the same for every supplier to Apple. You always
have this risk,” the London-based Meunier says.
AMS shares don’t look cheap, similar to how the iPhone X
isn’t exactly a steal with its starting price tag of $999. But
Meunier suggests gazing further out “because you basically
have loads of growth in 2018 and 2019.” While the mid-cap
stock trades at a relatively high multiple relative to this
year’s earnings, looking at the near term “doesn’t give you
the full picture of the earnings power,” he says.
“It’s 43 times ’17, but it’s 18 times next year,” he adds.
“Then 2019, it’s 12 times.”
By comparison, a popular U.S. benchmark for chip
companies—the PHLX Semiconductor Sector index—trades
at 24 times earnings and 18 times forward-year estimates,
according to FactSet data.
Morgan Stanley’s team gets its CHF125 price target for
AMS by assuming that one valuation metric—enterprise
value (stock market value plus net debt) to earnings before
interest and taxes—stays around 15 times, within its historical range. The key is expected huge growth, with the bank
estimating that AMS’ total Apple revenue (mostly from 3-D
and light sensors) could jump to $1.8 billion by 2019, up from
about $570 million this year and just $110 million in 2016.
In European markets last week, the main equity benchmarks largely lost ground, weighed down in part by earningsdriven selloffs in companies such as high-end apparel and
accessories seller Burberry (BRBY.UK), conglomerate A.P.
Møller-Maersk (MAERSKB.Denmark), and wind-turbine
maker Siemens Gamesa Renewable Energy (SGRE.Spain).
Germany’s DAX and the United Kingdom’s FTSE 100
finished down from their early-November record closes, but
are still up by about 15% and 5%, respectively, year to date. VICTOR REKLAITIS is a London-based writer for MarketWatch.
November 13, 2017
November 13, 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
Nintendo: A Stocking Stuffer
Investors Wary of Aramco IPO
by Assif Shameen
by Dimitra DeFotis
INVESTORS SHOPPING FOR 2017’S HOLIDAY STOCK WINNERS SHOULD TAKE A LOOK AT
THE DRAMATIC ARRESTS OF PROMINENT SAUDIS BY THEIR OWN
Nintendo. The Japanese company is offering a slew of new videogames and
lifting the production of its popular new Switch console.
There’s no avoiding the fact that the stock has risen 75% this year. But analysts predict that the impetus from a strong holiday season could increase earnings per share by 12%, to 987 yen ($8.70), in this fiscal year (March 2018) and
by as much as 96% the following year. Macquarie Securities David Gibson, a Nintendo bull, thinks the earnings spike could take Nintendo stock (ticker:
(7974.Japan) to $485, or about 25% above last week’s level.
Nintendo stock got a boost from the blockbuster hit of augmented reality
game Pokémon Go in July 2016. The stock surged over 30% within days of
launch, but crashed after the company clarified the “accounting treatment” of
the game. Nintendo didn’t develop or publish Pokémon Go; it owns a 32%
stake in the company that markets and licenses the franchise to outside developers. The stock righted itself as earnings from Pokémon began to accumulate.
The Switch, which retails for $299, made its debut in March to good reviews
and has an advantage in being the only completely new console ready for the
holidays. Microsoft’s Xbox One X began shipping last week, but it is basically
an upgrade of its existing system. Market leader Sony’s next console and Xbox
One’s successor consoles are at least a year away. Switch is unique in allowing
players to switch from a traditional console to a smartphone. “Core gamers
and fans of PlayStation and Xbox already have a console and will probably opt
for Switch this holiday season if they are buying a console,” says Kazunori Ito,
an analyst for Morningstar in Tokyo. Nintendo has
dramatically extended its marketing reach, he notes. Tables: Asian
government has unnerved some investors and raised questions about the timing and structure of the kingdom’s enormous public offering of its oil company, Aramco.
The scale and seemingly arbitrary nature of the shake-up
could understandably raise doubts among “many investors
about the rule of law or minority shareholder rights when it
comes to investing in Aramco,” says Kevin Muehring, an analyst at SGH Macro
Advisors, a New York–based consultant on the global economy to asset managers and policy makers. “Prince Mohammed bin Salman would argue they are
following the rule of law, enforcing a push against corruption.”
Portfolio manager Asha Mehta, a longtime bull on Saudi investments at
Acadian Asset Management in Boston, tells Barron’s that her firm has been
trimming Saudi holdings. Saudi stocks—flat this year in contrast to emerging
markets’ 30%-plus gain—are not included in developing market indexes, so
their weak showing can hurt active managers’ performance relative to their
benchmarks. “It is hard for me to see a catalyst for the market until we see
a resolution of the recent tensions,” she says.
Dozens of wealthy business leaders, clerics, and reportedly disloyal royals
were rounded up in the Ritz-Carlton in Riyadh while the state scrutinizes their
bank accounts. The man behind the arrests is the crown prince, who is the son
of the king and the heir apparent. His economic- and social-reform initiative
to diversify an oil-dependent budget has included large foreign bond issuance,
as well as plans to allow women to drive, among other freedoms.
Taking about 5% of Aramco public could raise $100 billion, assuming that
the company is worth $2 trillion; the figures are in dispute, with oil reserves
still being audited.
Aramco Chairman Amin Nasser indicated in October that the listing was
“on track” for late 2018, though Aramco board member Ibrahim al-Assaf, the
Saudi finance minister for 20 years, was among those arrested.
Now, however, the initial public offering could get pushed into 2019,
according to Muehring. A dual listing, in Riyadh and a global financial capital,
is proving difficult given the disclosures required to list in London, Hong
Kong, or New York. And New York may be out, Asia-based investor Mark
Mobius said last week. Families of 9/11 victims have sued the Saudi government, which has denied a role in the 2001 attacks. The Chinese government
in October offered to buy a 5% direct stake in Aramco, and a private placement might be a way to supplement a reduced public offering or even replace
it completely.
Nintendo’s Switch also benefits from the halo effect
Markets, page M27
Emerging Markets,
Barrons.com
of Pokémon Go and the company’s Super Mario Brothers game franchise. “Pokémon Go, was downloaded 800
million times,” Ito notes. “Super Mario Run, which was launched late last year
on iPhones and earlier this year on Android, has had 200 million downloads. If
only 10% of Pokémon Go users decided to buy Switch, that’s 80 million new users
for Nintendo consoles, and if Nintendo can convert just 10% of Super Mario Run
fans, it will have 20 million additional console users,” he says. Popular new games
include Super Mario Odyssey, The Legend of Zelda, and Mario Kart 8 Deluxe.
Another catalyst could be Chinese sales. Although Switch hardware isn’t officially sold there, tens of thousands of consoles are smuggled in every year, and
its games are very popular. Chinese game developer Tencent Holdings is creating games for Switch. Nintendo hopes that could lead to official acceptance for
the hardware in China over the next year or so.
Switch sales in U.S. could get a further boost as Nintendo offers more
streaming content. Switch users can now use the full Hulu app including live TV
and subscription services on the console, and analysts expect more deals to
follow. Analysts predict that worldwide Switch console sales of between 15 million and 18 million in the current quarter and more than 30 million next year.
Until recently, Nintendo’s problem has been its inability to meet soaring
demand for Switch consoles, Ito says. It’s now in the process of nearly tripling
capacity to meet the holiday demand, he adds. If the demand materializes, it will
be happy holiday for Nintendo and its shareholders. ASSIF SHAMEEN writes about Asian markets from Singapore.
Despite intense anti-Russian sentiment in the U.S., Sberbank’s U.S.-
traded shares (ticker: SBRCY) are up 38% this year, including a roughly 20%
spike last week on speculation about a dividend increase. Anonymous sources
told Reuters that the bank could raise its payout to 40% of net profit this year,
and as much as 50% by 2020.
The bank was one of our two emerging market picks for 2017, based on
strengthening oil prices and the recovery in Russia’s economy. We also said a
year ago that a larger dividend would be a bonus. Sberbank boasts a roughly
2.7% yield today. email: dimitra.defotis@barrons.com
M8
BARRON’S
November 13, 2017
Striking
Price
Options
Peterffy’s Bitcoin Futures Fears
CBOE VOLATILITY INDEX
by Steven M. Sears
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
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BITCOIN FUTURES, WHICH
Cboe Global Markets
and CME Group hope to
list later this year, may
accomplish what the
global financial crisis
could not: decimating a
slew of trading firms and threatening the
stability of Wall Street’s clearing outfits.
No single listed financial product has
ever caused such mayhem, but Thomas Peterffy, one of the world’s most successful
derivatives traders, is concerned that Bitcoin derivatives will introduce extraordinary volatility into the market that will be
difficult to contain. “For the first time, I am
extremely scared,” says Peterffy, founder
and chairman of Interactive Brokers
Group (ticker: IBKR).
JPMorgan Chase’s (JPM) Jamie Dimon
and BlackRock’s (BLK) Laurence Fink
worry that Bitcoin is a bubble and a money
launderer’s best friend. Peterffy has a different concern: He fears that low margin rates
will encourage speculation, endangering
trading and clearing firms.
Futures margin rates range from 2% to
8%. When an investor’s losses exceed that
range, brokers must immediately cover
them, then try to collect from the client. This
year, Bitcoin has traded from about $708 to
almost $7,400. It could go higher, or it could
collapse by 70% in a day. It’s hard to analyze
the price because Bitcoin has no economic
function, unlike commodities such as corn or
futures on the Standard & Poor’s 500 index.
Peterffy worries that small trading firms
will offer the lowest margin rates to attract
business, thus becoming weak links in the
market’s defenses against risk, such as that
posed by various products that track the
CBOE Volatility Index, or VIX. Many investors are betting that the VIX will stay low.
That wager could prove catastrophic if volatility suddenly surges, and stocks fall.
“The weaker clearing members charge
the least. They don’t have much money to
lose anyway. For this reason, most Bitcoin
interest will accumulate on the books of
weaker clearing members who will all fail in
Equity Options
VIX Close
a large move,” Peterffy says.
Peterffy wants the CME (CME) and the
Options Clearing Corp., or OCC, to limit
clearing members’ liability for peers at $100
million for Bitcoin futures. He also wants to
isolate Bitcoin from other financial products, a step he says already has been taken
for some volatility products. Interactive
Brokers will offer Bitcoin futures trading if
those conditions are met, and consider stopping doing business with some clearing
firms if they’re not.
CME, Cboe (CBOE), and the OCC
wouldn’t comment, other than to say that
the risk of Bitcoin futures is manageable.
VIX Futures
D J F M
Daily Values
A M
Put-Call Ratio
J
J
A
Twitter ID: @sm_sears
email: steve.sears@barrons.com
S&P 500 Index
17
140
15
120
13
100
11
80
9
S O N
Source: CBOE
D
J
F
M
SPX SKEW
NDX SKEW
Implied volatility %
Implied volatility %
A M J J A S O N 60
Source: McMillan Analysis Corp.
14%
In many ways, Bitcoin futures exemplify
the challenges U.S. exchanges face. Once,
markets were where companies managed
risk or raised capital. Now, equity-oriented
exchanges are essentially very fast computer
systems, built to appeal to high-speed and
quantitative traders. Commodities exchanges
like the CME depend on trading volume in
their listed products.
Nothing the exchanges have dealt with
has caught the public imagination like Bitcoin. So, at a time when banks such as
Goldman Sachs Group (GS) are reporting
that clients aren’t interested in trading
stocks, bonds, and derivatives, exchanges
must pursue Bitcoin. Trading fees could be
huge if the Commodity Futures Trading
Commission allows the Cboe and CME to
list Bitcoin futures.
The situation should humble the derivatives industry, which struggles for mainstream
acceptance. “Investors are willing to commit
millions, tens of millions, and hundreds of millions into Bitcoin,” says Vincent Au, a portfolio manager at hedge fund Gondor Capital,
“yet people are scared of options.”
It has been said that Wall Street develops new financial products by throwing
ideas against a wall, and trading anything
that sticks. Bitcoin futures, if Peterffy is
right, could bring down the wall. THE EQUITY-ONLY PUT-CALL RATIO
12%
11
12
10
10
9
8
6
D J F M A M J
J A S O N
Source: Credit Suisse Equity Derivatives Strategy
8
7
D J F M A M J
J A S O N
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
RTRX
14822
14298
524
448
18
33.1
Retrophin
USFD
17072
16871
201
588
44
29.0
US Foods
OTIC
11897
11309
588
528
68
22.5
Otonomy
RPD
8272
8081
191
460
1
18.0
Rapid7
TVTY
6752
3081
3671
384
91
17.6
Trivity Health
PLNT
22601
9011
13590
1500
1
15.1
Planet Fitness
AMBC
18066
8427
9639
1232
52
14.7
Ambac Financial
CALL
3029
2192
837
256
0
11.8
magicJack Vocal Tec
MNST
14384
8260
6124
1232
0
11.7
Monster Beverage
HSIC
29825
2241
27584
2784
88
10.7
Henry Schein
RRGB
13212
5077
8135
1244
41
10.6
Red Robin Gourmet Burgers
SRCL
21661
1449
20212
2068
27
10.5
Stericycle
PEGA
6521
1958
4563
668
9
9.8
Pegasystems
ZNGA
104949
31881
73068
12516
2
8.4
Zynga
IO
3156
2698
458
452
19
7.0
ION Geophysical
WIX
24451
13474
10977
3496
35
7.0
Wix.com
FRTA
4039
3201
838
596
31
6.8
Forterra Inc.
STAY
20324
10659
9665
3100
46
6.6
Extended Stay America
SIG
55351
12380
42971
8644
97
6.4
Signet Jewelers
TRIP
151458
62571
88887
23872
72
6.3
TripAdvisor
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
November 13, 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
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EVER SEEN
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OPTIONS
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M9
M10
BARRON’S
November 13, 2017
Current
Yield
Bond Markets
The Powell Fed: Testing Time
Bond Center
GLOBAL SHORT-TERM RATES
$
by William Watts
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 APPEAR CONFIDENT THAT THE STA-
tus quo of ever-so-slow monetary tightening
will continue at the Federal Reserve when
Jerome Powell takes over from Janet Yellen
in February.
But some observers see complacency in
that stance. “What the markets are clearly
ignoring at this point is that policy continuity is not a static phenomenon; it’s a trend,”
says Lena Komileva, chief economist at G+
Economics. “And the trend is toward reduced policy stimulus from the Fed at a
time when the economy is at full capacity
and is showing signs of boiling over.”
While two-year yields have risen, the
yield curve has flattened, thanks to a rangebound 10-year Treasury yield, which pulled
back from a seven-month high above 2.48%,
after it became clear that Powell, a Fed governor, would be President Donald Trump’s
nominee, rather than a more hawkish candidate, such as Stanford University economist
John Taylor. Economists cite low inflation
and strong overseas demand as factors
keeping long-dated yields in check.
Meanwhile, the Fed has begun slowly
unwinding the $4 trillion-plus balance sheet
it built through various iterations of quantitative easing. Just as QE was unprecedented, the new era of quantitative tightening is also uncharted territory.
The fact that such a formidable task
hasn’t triggered a rerun of the taper tantrum—which saw yields spike in 2013 after
then-Chairman Ben Bernanke signaled that
monthly bond purchases would soon begin to
be wound down—is attributable to the Yellen
Fed’s maintaining a “dovish tone while moving in a hawkish direction,” Komileva says.
Investor calm may also reflect expectations that the Fed’s leadership will shift in
a more dovish direction as the administration takes advantage of a historical level of
turnover to reshape the central bank.
The administration has yet to nominate a
candidate to fill the vice chairman role, vacated last month by Stanley Fischer. In total, the White House now has three open
seats to fill on the board of governors—four
if Yellen leaves when her term as chair ends.
Fed chief—reserve banks’ nonbank directors
select presidents—but it isn’t unreasonable
to assume that he’s likely to appoint more
doves than hawks to the board of governors,
Ian Shepherdson, chief economist at Pantheon Macroeconomics, wrote in a note.
Markets have tended to test new Fed
chiefs early in their tenure on their willingness to hike rates and restrain inflation, says
Steven Ricchiuto, chief U.S. economist at
Mizuho Securities. And while he describes
Powell as the “safe choice,” he doesn’t think
his experience will be any different.
Ricchiuto sees the potential for an inflation spike early next year, as energy and
health-care prices rise. That could prompt
hawkish remarks by Powell during his
semiannual testimony to Congress in February; a March rate rise could follow. That,
in turn, could result in a further flattening
of the yield curve as short-term rates climb,
a scenario not generally viewed as positive
for the economy or the financial markets.
Shepherdson also predicts that, by the
time most new Fed members take their
seats, “the data will point the Fed unambiguously toward higher rates. Mr. Trump’s appointees won’t be able to hold back the tide.”
Komileva suspects that Powell & Co.
won’t ride to the market’s rescue if turmoil
ensues. “How Powell is going to manage that
is a question mark,” she says. “But the fact
that the market is assuming a smooth transition is probably a risky place to start.” WILLIAM WATTS is a New York-based writer for
MarketWatch.
Euro
GLOBAL LONG-TERM RATES
Yen
10-Yr. U.S.
T-Note
1.9%
And last week, New York Fed President
William Dudley announced that he would
step down in mid-2018. The New York Fed
president is the most powerful policy maker
after the chair and vice chair. Unlike other
regional bank heads, the New York Fed
president has a permanent seat on the ratesetting Federal Open Market Committee,
engages with financial markets to implement
Fed policies, and oversees Wall Street financial institutions and banks.
Trump doesn’t get to pick the New York
£
U.K Gilts
German
Bunds
3%
1.5
1.1
2
0.7
0.3
1
-0.1
Jun
Jul
Aug
Sep
Nov -0.5
Oct
Jun
U.S. TREASURY YIELD CURVE
11/11/2016
10/13/2017
Jul
Aug
Sep
Oct
Nov
U.S. Credit - Libor Rate
11/10/2017
Corporate High Yield
Munis
Libor
3.0% 2.2
2 yr = 1.658
2.0
1.0
10 yr = 2.397
30 yr = 2.877
3M
6M
2Y
5Y
10Y
30Y
0
7%
2.1
6
2
5
1.9
4
1.8
3
1.7
2
Libor = 1.88
1.6
0.0
1.5Jun
1
0
Jul
Aug
Sep
Oct
Nov
Source: Barrons Statistics / Tullett Prebon
Week's Most Active
INVESTMENT GRADE
Issuer Name
Symbol
Teva Pharmaceutical Finance Netherlands Iii BvTEVA
ORCL
Oracle Corp
AAPL
Apple Inc
AAPL
Apple Inc
ORCL
Oracle Corp
Teva Pharmaceutical Finance Netherlands Iii BvTEVA
Teva Pharmaceutical Finance Netherlands Iii BvTEVA
Coupon
Maturity
3.150
4.000
3.750
3.000
3.250
4.100
2.800
Oct 01, 2026
Nov 15, 2047
Nov 13, 2047
Nov 13, 2027
Nov 15, 2027
Oct 01, 2046
Jul 21, 2023
8.000
7.375
8.625
11.000
6.125
5.625
6.125
Dec 15, 2022
May 01, 2026
Oct 31, 2025
Sep 15, 2025
Apr 15, 2025
Mar 01, 2026
Apr 01, 2023
Est Vol**
High
Change
Yield
81.707 81.707
99.774 100.016
96.809 96.948
98.604 98.604
99.902 100.047
73.970 73.970
87.164 87.164
-3.634
n.a.
n.a.
n.a.
n.a.
-3.686
-2.018
5.816
3.999
3.924
3.164
3.244
6.009
5.455
1,075,310 75.250 70.750 73.000
562,798 107.750 102.750 104.625
517,587 99.125 94.000 95.500
429,372 80.850 75.250 77.188
388,720 87.000 82.610 85.250
348,554 102.438 100.750 101.250
347,190 91.750 87.760 88.750
3.375
-2.750
n.a.
-1.000
2.375
n.a.
-3.000
15.940
6.487
9.441
16.238
8.880
5.433
8.792
889,165 85.875
632,871 101.764
558,084 99.268
536,617 99.795
510,267 101.600
484,181 78.843
454,537 90.059
Low
Last
HIGH YIELD
CRC
California Resources Corp
SFRFP
Sfr Group Sa
WIN
Windstream Services Llc*
FTR
Frontier Communications Corp
Valeant Pharmaceuticals International IncVRXCN
QEP
Qep Resources Inc
RAD
Rite Aid Corp
CONVERTIBLE
SRPT
1.500 Nov 15, 2024
770,054 105.459 101.500 105.459
n.a.
0.700
Sarepta Therapeutics Inc
PODD
1.375 Nov 15, 2024
676,012 103.167 99.707 99.960
n.a.
1.381
Insulet Corp
DISH
3.375 Aug 15, 2026
209,581 111.635 108.023 110.712
2.962
2.033
Dish Network Corp
CTXS
0.500 Apr 15, 2019
205,990 127.246 124.550 125.451 -1.281 -14.922
Citrix Systems Inc
INTC
3.250 Aug 01, 2039
202,046 224.830 218.110 218.558 -1.578 -1.402
Intel Corp
W
0.375 Sep 01, 2022
184,303 95.716 90.513 92.081 -5.119
2.120
Wayfair Inc
SYNA
0.500 Jun 15, 2022
162,742 94.916 88.906 92.534
3.865
2.221
Synaptics 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
November 13, 2017
BARRON’S
M11
Commodities Corner
3 Reasons Oil Prices Are Headed Higher
by Simon Constable
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
GET READY FOR A SURGE IN OIL PRICES.
Three reasons point to substantially higher prices over the next few
months, even though West Texas Intermediate crude already has rallied to a
two-year high above $57 a barrel. One way to play the possibility that petroleum powers toward $90 would be to buy March-dated futures contracts for
light sweet crude on the CME. Alternatively, try the United States Oil (ticker:
USO) exchange-traded fund, which tracks near-term futures prices for crude.
Here are the potential catalysts for a price surge:
Saudi Shakeup: Last weekend’s leadership changes in Saudi Arabia have
consolidated power in the hands of Crown Prince Mohammed bin Salman and
his father, King Salman. London-based financial firm T.S. Lombard views the
power grab as the “most important political development” in the kingdom since
1975, when King Faisal was assassinated. The shakeup coincided with Saudi
security forces’ interception of a missile launched at Riyadh. It’s believed to
have come from Iranian-backed Houthi rebels who have been waging war in
neighboring Yemen against a Saudi-backed coalition.
The Crown Prince considers the missile launch to be direct Iranian military
aggression. Will the prince, with his expanded powers, unleash a military response? Don’t bet against it. “It’s possible that MoCommodity Indexes,
hammed bin Salman will engage in a more aggressive
Barrons.com
foreign policy against Iranian-backed militias,” says
David Roberts, a professor of defense studies at
Kings College London. It was to counter Iranian influence that Saudi Arabia
launched its offensive in Yemen in 2015, he notes.
Saudis fear Iran’s growing influence in Lebanon and Iraq. Thursday, Riyadh ordered its citizens in Lebanon to leave that country. A military response
from Saudi Arabia, which has lots of Western weaponry, can’t be ruled out.
Heightened military action would raise oil prices further, especially if it disrupts production.
Kurdish Skirmish: The military back-and-forth between Iraqi security
forces and independence-minded Kurdish militias will help push global oil supplies lower and prices higher. “Oil flows from Ceyhan [an oil terminal in Turkey] remain susceptible to significant disruptions,” according to a report from
the Eurasia Group. “Absent a new Baghdad-Irbil oil revenue sharing agreement, both sides [Iraqis and Kurds] have an incentive to cut exports to improve their leverage in negotiations.” Irbil is the capital of the Kurdish region.
Baghdad can also use lower volumes to ease its compliance with OPEC’s lower
production goals.
Iraq was the sixth-biggest oil producer in 2016, with output of 4.45 million
barrels per day, according to Energy Information Administration data. Look
for sporadic oil-flow interruptions.
Iran Ban: But the biggest reason that crude prices could jump is likely to
be President Donald Trump’s reimposing sanctions on Iranian oil, which the
CIA Fatbook lists as that country’s primary export.
“Unlike the health-care deal, where he needed Congress to do something,
he doesn’t need Congress to withdraw from the [U.S.-Iran nuclear] deal completely and reimpose nuclear sanctions,” says Joe McMonigle. He’s a Washington-based senior energy policy analyst at risk-research outfit Hedgeye and
a former chief of staff at the U.S. Department of Energy. “Foreign policy elites
believe Trump won’t upset the apple cart, but this is a central part of Trump’s
campaign.” He expects the president to restore sanctions in January.
After President Obama signed the nuclear agreement in 2016, Iran lifted
its oil output by about one million barrels a day, notes McMonigle. A similar
reduction in supply is likely, following a reintroduction of U.S. sanctions, which
would have an impact, even if not every Western nation follows the U.S. lead.
If all three of these factors simultaneously kick in, expect a humongous
rally in oil, possibly to as high as $90 a barrel, warns McMonigle.
Some petro-bears argue that if oil rallies beyond Friday’s close of $56.74
a barrel and tops $60, U.S. shale-oil producers will increase output, keeping
downward pressure on prices. This is true, but resuming pumping from a horizontal-drilling hydraulic fracturing (fracking) operation takes a while. If crude
prices jump, the U.S. supply response won’t be immediate. Thus, the rally
might continue for quite a while. SIMON CONSTABLE is the author of The WSJ Guide to the Fifty Economic
Indicators That Really Matter.
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
November 13, 2017
Winners and Losers
NYSE BIGGEST % MOVERS
NYSE MOST ACTIVE
Winners
Name (Sym)
Volume Close Change %Chg.
WhitingPetrol(WLL)
42703
Bristow(BRS)
10459
ContainerStore(TCS)
4024
NeoPhotonics(NPTN) 11110
CaliforniaRscs(CRC)
18312
ValeantPharm(VRX) 180684
PenneyJC(JCP)
127495
MBIA(MBI)
42057
25.74 +19.23 +295.4
14.15 +5.67 +66.9
5.37 +1.81 +50.8
6.29 +1.71 +37.3
16.26 +4.22 +35.0
15.38 +3.89 +33.9
3.17 +0.80 +33.8
8.90 +1.92 +27.5
Losers
Name (Sym)
Volume Close Change %Chg.
Willbros(WG)
4609
VistaOutdoor(VSTO)
19064
MarinSoftware(MRIN)
180
Mallinckrodt(MNK)
66664
Intrexon(XON)
11908
EastmanKodak(KODK) 2235
GranayMontero(GRAM) 1104
Veritiv(VRTV)
1606
1.47
13.28
9.65
21.76
11.81
3.75
3.70
23.65
–1.50
–6.17
–4.45
–9.12
–4.62
–1.35
–1.30
–8.25
–50.5
–31.7
–31.6
–29.5
–28.1
–26.5
–26.0
–25.9
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
Name (Sym)
Volume Close Change %Chg.
Myomo(MYO)
TrioTech(TRT)
CentrusEnergy(LEU)
CynergisTek(CTEK)
VolitionRX(VNRX)
MexcoEnergy(MXC)
InfuSystems(INFU)
TelInstrElec(TIK)
10795
597
352
126
200
52
110
11
6.65
6.70
4.50
3.33
3.37
4.35
2.20
2.65
+2.51
+1.20
+0.73
+0.52
+0.48
+0.45
+0.20
+0.24
+60.6
+21.8
+19.4
+18.4
+16.6
+11.5
+10.0
+9.8
Losers
Goldfield(GV)
Electromed(ELMD)
BallantyneStrong(BTN)
ContangoO&G(MCF)
eMagin(EMAN)
BovieMedical(BVX)
KlondexMines(KLDX)
IMPAC Mortgage(IMH)
Volume Close Change %Chg.
2128
471
105
1346
502
606
5025
539
4.60
6.00
5.20
3.51
1.80
2.84
2.50
11.46
–1.15
–1.47
–1.15
–0.64
–0.30
–0.47
–0.37
–1.61
–20.0
–19.7
–18.1
–15.4
–14.3
–14.2
–12.9
–12.3
NASDAQ BIGGEST % MOVERS
Volume Percentage Leaders
Volume Percentage Leaders
Volume Percentage Leaders
Name (Sym)
Name (Sym)
Volume %Chg. Close Change
magicJackVocal(CALL)
DianaContainer(DCIX)
Teligent(TLGT)
Perceptron(PRCP)
TivityHealth(TVTY)
RedRobin(RRGB)
QuantennaComms(QTNA)
FivePrimeTherap(FPRX)
SelectaBiosci(SELB)
Xunlei(XNET)
Talend(TLND)
UroGenPharma(URGN)
AllotComms(ALLT)
VoyagerTherap(VYGR)
CECO Env(CECE)
JamesRiver(JRVR)
FirstBank(FRBA)
TrueCar(TRUE)
AmbacFin(AMBC)
Veracyte(VCYT)
6789 1555.5
25724 839.0
15593 718.5
723 686.2
14931 614.3
10870 611.7
8287 566.5
11433 564.5
3749 536.4
39561 489.4
2504 448.2
1262 404.3
484 384.6
8980 382.3
3227 353.0
2808 341.4
321 326.2
30087 315.8
5754 304.0
2297 288.7
Volume %Chg. Close Change
Atento(ATTO)
4425 2792.2
CadenceBancorp(CADE) 5070 1030.1
KnotOffshore(KNOP)
2253 955.5
Mallinckrodt(MNK)
66664 510.7
Entercom(ETM)
29224 487.9
SolarisOilfield(SOI)
5485 484.5
TimeWarner(TWX)
126353 422.2
OneMain(OMF)
12309 416.4
Lennar B(LEN.B)
490 411.5
JamesHardie(JHX)
484 319.0
ChinaTelecom(CHA)
738 310.5
Ameresco(AMRC)
1165 307.6
ProPetro(PUMP)
20197 304.9
OrionEngCarbons(OEC) 5809 296.7
ExtendedStayAmer(STAY) 32395 292.9
GrupoTelevisa(TV)
31620 292.2
VistaOutdoor(VSTO)
19064 283.2
PandoraMedia(P)
126742 283.1
Veritiv(VRTV)
1606 274.5
CBS B(CBS)
68381 265.0
9.15
22.05
20.90
21.76
10.70
16.08
90.60
24.98
49.55
15.99
50.19
8.70
17.00
23.35
16.81
19.70
13.28
4.57
23.65
56.74
–3.05
–3.19
–2.30
–9.12
+0.00
+0.12
–2.68
–7.16
–0.33
+1.08
+0.07
+0.85
+1.16
–0.40
–3.10
–1.03
–6.17
–1.02
–8.25
+1.34
Volume Close Change %Chg.
Forterra(FRTA)
Otonomy(OTIC)
Roku(ROKU)
CollegiumPharm(COLL)
SageTherap(SAGE)
NektarTherap(NKTR)
magicJackVocal(CALL)
HailiangEduc(HLG)
15959
37128
74800
8233
9034
17617
6789
648
8.54 +3.61
5.18 +2.18
33.25 +13.70
14.09 +4.27
96.04 +26.96
32.50 +8.75
8.33 +2.23
38.80 +10.30
+73.2
+72.5
+70.1
+43.5
+39.0
+36.8
+36.5
+36.1
Losers
Name (Sym)
Volume Close Change %Chg.
SelectaBiosci(SELB)
Veritone(VERI)
FivePrimeTherap(FPRX)
INC Research(INCR)
TivityHealth(TVTY)
CECO Env(CECE)
TrueCar(TRUE)
RedRobin(RRGB)
3749
2655
11433
8466
14931
3227
30087
10870
9.03
22.07
28.83
39.10
32.90
5.96
11.22
46.95
–12.40
–12.44
–16.22
–19.30
–15.15
–2.60
–4.87
–20.00
–57.9
–36.0
–36.0
–33.0
–31.5
–30.4
–30.3
–29.9
464.8
6.70
234.3
8.60
199.1 11.46
145.4
6.00
76.5 15.92
60.3 12.60
56.0
4.60
52.1
5.86
49.3 10.90
47.3
7.53
43.6 12.01
35.4
8.85
34.8 19.07
20.5 22.30
16.4
7.30
14.8 49.75
12.4 13.67
9.4 32.03
5.4 119.50
4.7
8.85
+1.20
–0.51
–1.61
–1.47
+0.53
–0.60
–1.15
–0.17
+0.14
–0.32
–0.49
+0.75
–1.93
–1.30
+0.10
+0.79
+0.71
+0.81
–1.55
+0.10
By Share Volume
Volume Close Change%Chg.
Name (Sym)
BankofAmerica(BAC)
Snap(SNAP)
AT&T(T)
GeneralElec(GE)
ValeantPharm(VRX)
ChesapeakeEner(CHK)
Sprint(S)
TevaPharm(TEVA)
FordMotor(F)
Ambev(ABEV)
Macy's(M)
PenneyJC(JCP)
PandoraMedia(P)
TimeWarner(TWX)
SeaDrill(SDRL)
Verizon(VZ)
Vale(VALE)
RiteAid(RAD)
Nokia(NOK)
Twitter(TWTR)
340800
305118
291174
287846
180684
156623
155087
153315
147193
144094
143056
127495
126742
126353
118614
116602
114802
108815
103907
100309
CamberEnergy(CEI)
SRC Energy(SRCI)
TransEnterix(TRXC)
EnerJexRscs(ENRJ)
NorthernDynasty(NAK)
NewGold(NGD)
B2Gold(BTG)
BioPharmX(BPMX)
OrientPaper(ONP)
UraniumEner(UEC)
ComstockMining(LODE)
CheniereEnergy(LNG)
22ndCentury(XXII)
NorthernOil&Gas(NOG)
Globalstar(GSAT)
Myomo(MYO)
HoustonAmEner(HUSA)
DenisonMines(DNN)
GranTierraEner(GTE)
PalatinTech(PTN)
26.51
12.76
34.22
20.49
15.38
4.14
6.19
11.78
12.01
6.12
19.98
3.17
4.57
90.60
0.38
44.88
10.07
1.57
4.91
20.32
–1.31
–2.51
+0.92
+0.35
+3.89
+0.40
–0.48
+0.38
–0.35
–0.05
+1.62
+0.80
–1.02
–2.68
+0.11
–2.54
–0.02
+0.03
–0.06
+0.42
–4.7
–16.4
+2.8
+1.7
+33.9
+10.7
–7.2
+3.3
–2.8
–0.8
+8.8
+33.8
–18.2
–2.9
+42.9
–5.4
–0.2
+1.9
–1.2
+2.1
By Dollar Volume
Name (Sym)
Volume %Chg. Close Change
TrioTech(TRT)
597
SRC Energy(SRCI)
47940
IMPAC Mortgage(IMH)
539
Electromed(ELMD)
471
BGStaffing(BGSF)
147
AeroCentury(ACY)
66
Goldfield(GV)
2128
FriedmanInds(FRD)
136
MAG Silver(MAG)
1992
Libbey(LBY)
1080
Skyline(SKY)
412
inTEST(INTT)
721
ParPacific(PARR)
2782
AcmeUnited(ACU)
37
EvolutionPetrol(EPM)
557
CheniereEnergy(LNG) 12291
RingEnergy(REI)
1890
ImperialOil(IMO)
1222
Chase(CCF)
103
CPI Aero(CVU)
176
Name (Sym)
Name (Sym)
Winners
NASDAQ MOST ACTIVE
Name (Sym)
By Share Volume
Winners
Name (Sym)
NYSE AMERICAN MOST ACTIVE
Alibaba(BABA)
13408799 186.41 +3.20 +1.7
TimeWarner(TWX)
9593885 90.60 –2.68 –2.9
AT&T(T)
8792778 34.22 +0.92 +2.8
BankofAmerica(BAC) 8679391 26.51 –1.31 –4.7
JPMorganChase(JPM) 5375120 97.51 –3.90 –3.8
Disney(DIS)
5355813 104.78 +6.14 +6.2
GeneralElec(GE)
5332071 20.49 +0.35 +1.7
Citigroup(C)
4877304 72.25 –1.80 –2.4
Verizon(VZ)
4664922 44.88 –2.54 –5.4
WellsFargo(WFC)
4290501 53.81 –2.54 –4.5
Snap(SNAP)
3456745 12.76 –2.51 –16.4
ExxonMobil(XOM)
3294012 82.94 –0.24 –0.3
Merck(MRK)
3224114 55.48 –0.58 –1.0
CVS Health(CVS)
3187239 70.99 +1.74 +2.5
Boeing(BA)
2749600 260.85 –0.90 –0.3
IBM(IBM)
2649660 149.16 –2.42 –1.6
Wal-Mart(WMT)
2481920 90.92 +1.24 +1.4
ValeantPharm(VRX)
2445516 15.38 +3.89 +33.9
AbbVie(ABBV)
2443420 95.43 +3.12 +3.4
Macy's(M)
2430619 19.98 +1.62 +8.8
Name (Sym)
CheniereEnergy(LNG)
SRC Energy(SRCI)
Myomo(MYO)
TransEnterix(TRXC)
NewGold(NGD)
ParPacific(PARR)
StraightPath(STRP)
B2Gold(BTG)
NorthernDynasty(NAK)
ImperialOil(IMO)
OrientPaper(ONP)
CheniereEnerPtrs(CQP)
CamberEnergy(CEI)
SandstormGold(SAND)
RingEnergy(REI)
NovaGoldRscs(NG)
22ndCentury(XXII)
MAG Silver(MAG)
GranTierraEner(GTE)
UraniumEner(UEC)
+2.23
–0.33
–1.43
+2.08
–15.15
–20.00
–2.84
–16.22
–12.40
+1.73
+0.97
+4.22
+0.06
–3.29
–2.60
–2.19
–0.60
–4.87
–2.30
–2.07
By Share Volume
Volume Close Change%Chg.
98936 0.20 +0.03 +17.1
47940 8.60 –0.51 –5.6
30395 2.88 +0.04 +1.4
20513 0.32 +0.04 +14.2
19705 2.13 +0.20 +10.4
19218 3.36 +0.07 +2.1
15963 2.64 +0.10 +3.9
15847 0.18 +0.01 +3.4
15619 1.48 +0.69 +87.4
13443 1.42 +0.37 +35.2
12705 0.60 +0.00 +0.0
12291 49.75 +0.79 +1.6
11402 2.06 +0.07 +3.5
11366 1.17 +0.16 +15.8
11146 1.59 –0.10 –5.9
10795 6.65 +2.51 +60.6
10273 0.44 +0.04 +9.7
9291 0.53 +0.12 +29.5
8466 2.18 –0.02 –0.9
8258 0.80 +0.06 +8.1
By Dollar Volume
$ Volume Close Change%Chg.
8.33
10.88
3.74
9.65
32.90
46.95
12.02
28.83
9.03
13.09
43.63
41.04
5.40
13.60
5.96
39.00
12.65
11.22
13.81
6.29
Name (Sym)
Volume Close Change%Chg.
MicronTech(MU)
Apple(AAPL)
Qualcomm(QCOM)
Intel(INTC)
Comcast A(CMCSA)
21stCenturyFoxA(FOXA)
Zynga(ZNGA)
Microsoft(MSFT)
NVIDIA(NVDA)
JD.com(JD)
SiriusXM(SIRI)
Roku(ROKU)
CiscoSystems(CSCO)
Facebook(FB)
Starbucks(SBUX)
TripAdvisor(TRIP)
Mattel(MAT)
MarvellTech(MRVL)
CaesarsEnt(CZR)
EndoIntl(ENDP)
143797 44.78
134733 174.67
134343 64.57
129089 45.58
119368 36.85
99483 28.84
96215 3.89
95378 83.87
89123 216.14
79790 39.96
74933 5.34
74800 33.25
72474 33.99
59806 178.46
57924 57.04
56549 31.19
53543 14.62
52622 20.13
48627 12.50
48027 6.93
+1.07
+2.17
+2.76
–0.76
+1.17
+3.87
–0.03
–0.27
+7.45
+1.54
+0.04
+13.70
–0.48
–0.46
+1.01
–7.69
+1.50
+1.62
–0.45
+0.61
+2.4
+1.3
+4.5
–1.6
+3.3
+15.5
–0.8
–0.3
+3.6
+4.0
+0.8
+70.1
–1.4
–0.3
+1.8
–19.8
+11.4
+8.8
–3.5
+9.7
By Dollar Volume
$ Volume Close Change%Chg.
533301 49.75
374657 8.60
86748 6.65
77710 2.88
63652 3.36
50089 19.07
49596 180.36
40934 2.64
40449 2.13
33591 32.03
25615 1.48
25030 28.04
23598 0.20
22852 4.38
22752 13.67
22678 4.16
22498 2.06
20596 10.90
18888 2.18
17570 1.42
+0.79
–0.51
+2.51
+0.04
+0.07
–1.93
–0.29
+0.10
+0.20
+0.81
+0.69
–0.29
+0.03
–0.02
+0.71
+0.07
+0.07
+0.14
–0.02
+0.37
+1.6
–5.6
+60.6
+1.4
+2.1
–9.2
–0.2
+3.9
+10.4
+2.6
+87.4
–1.0
+17.1
–0.5
+5.5
+1.7
+3.5
+1.3
–0.9
+35.2
Name (Sym)
$ Volume Close Change%Chg.
Apple(AAPL)
19664919 174.67 +2.17 +1.3
NVIDIA(NVDA)
15247860 216.14 +7.45 +3.6
Amazon.com(AMZN) 111634571125.35 +13.75 +1.2
Facebook(FB)
9012483 178.46 –0.46 –0.3
Priceline(PCLN)
85988321697.25–197.24 –10.4
Qualcomm(QCOM)
7451643 64.57 +2.76 +4.5
Microsoft(MSFT)
6820895 83.87 –0.27 –0.3
Tesla(TSLA)
6324150 302.99 –3.10 –1.0
MicronTech(MU)
5588683 44.78 +1.07 +2.4
Intel(INTC)
4861024 45.58 –0.76 –1.6
Netflix(NFLX)
4549718 192.02 –7.99 –4.0
Broadcom(AVGO)
4160634 264.96 –8.67 –3.2
Alphabet A(GOOGL)
40954741044.15 –5.84 –0.6
Comcast A(CMCSA)
3791096 36.85 +1.17 +3.3
Alphabet C(GOOG)
33023431028.07 –4.41 –0.4
Celgene(CELG)
3018771 102.34 +2.30 +2.3
JD.com(JD)
2919482 39.96 +1.54 +4.0
Starbucks(SBUX)
2867586 57.04 +1.01 +1.8
21stCenturyFoxA(FOXA) 2619711 28.84 +3.87 +15.5
CharterComms(CHTR) 2592679 338.44 +3.01 +0.9
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
BARRON’S
13D Filings
Original Filings
Investors Report to the SEC
Point72 Asset Management, an investment vehicle for Steven A. Cohen, reported an initial stake of 3,467,297 (7.3%)
on Nov. 3. No plans or proposals were
revealed in the filing.
Karyopharm Therapeutics (KPTI)
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 Nov. 2 through Nov. 8, 2017.
Source: InsiderScore.com
Activist Filings
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
SeaWorld Entertainment (SEAS)
On Nov. 5, Hill Path Capital entered a
cooperative agreement with SeaWorld in
which Scott Ross, co-founder and managing partner of Hill Path, was appointed to
the board, serving on its newly created
revenue committee. Also as part of the
agreement, SeaWorld will alter current
stock ownership restrictions to allow Hill
Path to lift its stake to a maximum of
17.5% of outstanding shares, if it so
chooses. In exchange, Hill Path, among
other promises, will vote its shares in
favor of the current board nominees and
will not, directly or indirectly, solicit proxies seeking to alter the board’s current
composition, oppose board initiatives, or
acquire a controlling stake in the firm.
Hill Path disclosed in its Nov. 5 filing
that it owns 13,592,129 shares (15% of the
company’s total outstanding shares).
Hardinge (HDNG)
On Oct. 31, Privet Fund Management
notified the company that it was evaluating
a “going-private transaction,” and planning
to tender $17.25 per share to acquire all of
the outstanding common shares that it does
not already own. To complete the evaluation, it also requested access to Hardinge’s
“confidential business information.”
On Nov. 1, Hardinge advised that a
special committee of independent directors
within the board approved Privet’s request
for access to these materials. No additional
details were provided.
Privet reported a stake of 1,373,820
Hardinge shares (10.6%) on Nov. 2.
EQT (EQT)
Jana Partners revealed on Nov. 3 that
EQT had taken a number of actions to
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.
address Jana’s and other shareholders’
concerns over the proposed $6.7 billion
acquisition of Rice Energy (RICE). The
concerns include addressing the separation of current value-enhancing EQT units
from the Rice acquisition, delaying the
deadline for board nominations so that
shareholders can “hold EQT’s board accountable” if they are unhappy, and agreeing not to take any action prior to the next
annual shareholder meeting that “may interfere with the separation of businesses.”
Jana further revealed that EQT has
also committed to revising its management
incentive-compensation policy so that
“management is not rewarded simply by
virtue of acquiring Rice.” Jana still intends
to vote against the Rice acquisition and
may still pursue change on EQT’s board,
but it will withdraw its proxy material previously filed in opposition to the move.
On Nov. 3, Jana disclosed owning
10,257,129 shares (5.9%).
Increases in Holdings
Frequency Electronics (FEIM)
Edendbrook Capital Partners upped its
holding to 1,247,805 shares (14.3%) after
buying 122,700 shares for $8 apiece on
Sept. 19 and $9 apiece on Nov. 7.
Decreases in Holdings
Mazor Robotics (MZOR)
Oracle Investment Management cut its
stake to 1,358,414 American depositary
shares representing 2,716,828 ordinary
shares (5.3%) after the sale of 261,386
ADS (522,772 ordinary) for $53.94 and
$64.53 apiece on Oct. 19 and Oct. 30.
Intellia Therapeutics (NTLA)
OrbiMed Advisors cut its stake to
2,537,684 shares (6%) by selling 118,305 for
$19.64 to $30.30 apiece from Nov. 1 to Nov.
8. It also acquired 7,843 shares in the
exercise of stock options at a $18 strike
price on Nov. 2. The options were transferred from Carl Gordon, a founding partner of OrbiMed who sat on Intellia’s board
until he stepped down in July.
M13
The Activist Spotlight
comScore (SCOR)
Business: cross-platform measurement of audience, brand, and consumer data
Investors’ Avg Cost: $27.46/share
Stock Market Value: $1.7 billion
($30.14/share)
What’s Happening: In September, Starboard Value entered into an
agreement with comScore in which
four new directors were appointed to
the nine-person board.
Key Numbers:
10% to 15%: comScore’s current
estimated profit margin
30%: Its previous margin target
Behind the Scenes: The company’s valuable collection of assets
includes its legacy comScore data
and new data acquired in its 2016
merger with Rentrak. But it has
been poorly led by its last two
management teams. Former CEO
Serge Matta was forced to step
down in December 2016, leading to
continual turnover of the board and
management—up until the September Starboard settlement.
The company is also undergoing a
reaudit focused on nonmonetary revenues. It’s likely this audit doesn’t affect more than 10% of revenue, and
presumably stopped with the departure of the Matta management team.
While comScore may be the only
viable competitor to Nielsen Holdings, it needs to find a CEO from the
media world. (Founder Gian Fulgoni
is interim CEO until January 2018.)
The new head will need the vision to
innovate, and the skill to restructure
the company and expand margins.
Once the company is done with
the restatement and is current on its
SEC filings (expected in March
2018), it could be an attractive acquisition target for a strategic partner
or private equity. Oracle recently
acquired media tracker Moat, and on
the private-equity side, Vista, Golden
Gate, and KKR all own media measurement assets. —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.
Susan Camilleri Konar for Barron’s
November 13, 2017
M14
BARRON’S
November 13, 2017
Market Watch
A Sampling of Advisory Opinion
Edited by Paul Farrell
“As Canada becomes a magnet for young talent, we expect consumer spending and household
formation to remain firm over the coming year. “
—STÉFANE MARION, MATTHIEU ARSENEAU/National Bank of Canada, Monthly Equity Monitor
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
Canada’s Welcome Mat Is
Linked to Its Self-Interest
Monthly Equity Monitor
by National Bank of Canada
nbc.ca
ect U.S. economic expansion at 2.8% for
next year, versus the 2.3% growth projected
for this year. What’s more, global grossdomestic-product estimates are even more
encouraging at 3.9% for 2018, over 2017’s
3.6% pace.
—SAM STOVALL
Nov. 7: With a majority of new immigrants
Equities Have a Way to Go
settling in large urban areas, Canada’s
three largest census metropolitan areas—
Toronto, Vancouver, and Montreal—now
account for the bulk of population growth
and household formation. More than 80% of
Canadian employment growth has been in
these three urban areas.
Ottawa announced in November that it
was raising Canada’s annual immigration
quota from 300,000 to 310,000 in 2018. Canada is also currently enjoying a record
inflow of nonpermanent residents ages 15
to 24, mainly students. The enrollment
surge in Canadian universities can probably be attributed to U.S. immigration
policy. As Canada becomes a magnet for
young talent, we expect consumer spending and household formation to remain
firm over the coming year.
—STÉFANE
MARION, MATTHIEU ARSENEAU
Tax Reform Isn’t Optional
U.S. Investment Policy Committee Notes
by CFRA
cfraresearch.com
Nov. 8: The passage of a tax-reform pack-
age is an essential component of investor
optimism, in our view. Failure could trigger
a sharp selloff, but we don’t think it would
throw the Standard & Poor’s 500 index into
a new bear market. Based on the current
level of corporate profits through thirdquarter 2017 and core inflation, we see
stocks as overvalued by approximately 10%.
Using earnings-per-share and core consumer-price-index estimates for the end of
2018, however, we think the S&P 500 still
has single-digit upside potential. The recent
rally in prices is probably driven by the expected boost to EPS from lower corporate
taxes in 2018. Without the cut, we still proj-
Market and Economic Update/Equities
by U.S. Bancorp Wealth Management
usbank.com
defensive-oriented sectors such as utilities,
telecom services, and consumer staples is
generally as expected. Financials appear
somewhat of a wait-and-see sector, with
banks having reported mixed results of
generally modest loan growth, tight
expense control, stable credit quality, and
sluggish capital-markets activity amid expectations for improving net interest margins associated with rising interest rates.
—TERRY
D. SANDVEN
The Fundamentals Apply
Nov. 6: Equities continue to trend higher,
with the S&P 500, Dow Jones Industrial
Average, and Nasdaq Composite indexes
all ending last week [Nov. 3] at all-time
highs, bolstered by higher earnings and
momentum. Our constructive outlook for
U.S. equities remains anchored to the
belief that increasing earnings, restrained
inflation, and low interest rates provide
valuation support and the basis for stocks
to trend still higher.
Third-quarter results continue to
surprise to the upside. As of Nov. 6, about
80% of S&P 500 companies have reported
third-quarter results. On balance, companies are reporting broad-based global economic expansion, with recent weather having a significant localized impact but an
overall limited effect on the U.S. economy.
• Sales are being reported generally in
line with expectations, while earnings are
exceeding estimates. Higher earnings
provide valuation support and a reason for
stocks to trend still higher.
• In general, energy, information technology, and materials sectors are exhibiting the highest year-over-year earnings
growth. The strong Y/Y increase of the
energy sector is off of low comparisons following the plunge in oil prices in early to
mid-2016. The 20%-plus increase in IT
earnings is perhaps most indicative of economic expansion and increasing capitalexpenditure outlays. It is hard to envision
the broad equity market experiencing a
meaningful pullback while IT exhibits
strength.
• Lackluster earnings growth from
The Weekly Speculator
by Marketfield Asset Management
marketfield.com
Nov. 9: We would not deny that U.S. poli-
tics has had a “tactical” influence on markets. Much as was the case with Brexit,
the French election, and a number of
other political events, it has channeled
capital down particular pathways for days
or weeks at a time, and continues to do so
right now as the wrangling over tax
reform trundles on in Washington.
Nevertheless, what has driven markets
higher has been the combination of betterthan-expected economic data feeding into
better-than-expected corporate performance, without the usual attention paid by
central banks.
—MICHAEL SHAOUL
Inflation Slippage
Outlook for Financial Markets
by BMO Private Bank
bmo.com
Nov. 3: Broad changes to the economy,
most notably innovations in technology,
such as online shopping and asset sharing,
have contributed to price stability. Eurozone inflation is running at 1.5% Y/Y, but
European Central Bank officials worry it
could slip below 1% next year, due to
easing food and energy prices. Without a
threat of inflation, central bankers are
reluctant to take their foot off the monetary accelerator. The ECB recently an-
nounced its plan to scale back bond buying, but it fully expects to keep quantitative easing alive through 2018.
The Bank of Japan’s Governor, Haruhiko Kuroda has maintained his full-court
press of stimulus that the BOJ instituted
last year, saying that Japan’s 2% inflation
target is “a long way off.” Japanese consumer prices in August rose 0.7% over the
previous 12 months, up from 0.5% in July.
Traditional economic models are not
broken. While America is enjoying its thirdlongest recovery on record, it’s also its shallowest, suggesting more upside opportunity
before running into supply constraints. We
suspect that growth can continue for four
more quarters without inflation, as we continue to sop up spare production and labormarket capacity.
—JACK A. ABLIN
High-Yield Bond Funds Sparkle
Systems & Forecasts
by Signal Alert Asset Management
marketletter@signalert.com
Nov. 9: The iShares iBoxx Corporate
High Yield Bond ETF (HYG) has been
selling off since Oct. 20. Fortunately, openend high-yield bond mutual funds are
holding up better. HYG has now fallen to
a potential support area around $87.25
with a coincident spike in volume. In May,
June, July, and August, similar pullbacks
bounced from this support level. Our highyield bond timing models remain on Buy
signals, and as long as that’s the case, risk
should be contained. You should continue
to hold high-yield bond fund positions (or
take profits on at most a fraction of them).
Still, we recently took profits on some
of our high-yield bond fund positions to
avoid giving back gains coming into the
next sell signal, whenever that may occur.
It could take several months before we
learn whether that proves to be a successful decision.
—MARVIN APPEL
To be considered for this section, material,
with the author’s name and address, should
be sent to MarketWatch@barrons.com.
November 13, 2017
BARRON’S
M15
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.
CVS Health
• CVS-NYSE
Outperform • Price $66.80 on Nov. 6
by Raymond James
For the big drugstore chain turned healthcare company, we reiterate our Outperform rating and lower our price target to
$80 from $90 following the release of
third-quarter 2017 earnings, which came in
at the high end of guidance.
The two main catalysts behind our
lower price target are 1) management commentary on rolling out next-day delivery
nationwide (and same-day delivery in New
York City), which we believe could further
pressure retail margins; and 2) commentary on an apparent desire to maintain a
“high” BBB debt rating, implying a heavier
stock component in a potential Aetna
acquisition, which is now being reported at
a price in excess of $200 a share. While we
applaud steps to “Amazon-proof” CVS’ core
retail business, we suspect that such
efforts will be very far from free.
CVS trades at 11.3 times our 2017 nonGAAP earnings-per-share estimate, below
the low- to mid-teens five-year range. Our
new price target is 12.7 times our 2018 estimated EPS, just below the historical range,
reflecting current industry dynamics.
Fastenal
FAST-Nasdaq
Outperform • Price $47.91 on Nov. 3
by Baird Equity Research
•
For the maker, retailer, and distributor of
industrial fasteners and other hardware
and tools, we maintain our Outperform
rating and $53 price target, representing
21.5 times 2019 estimated EPS. (We offer
no estimate changes at this time.)
October daily sales were up 13.8% versus our 13.5% estimate. Mansco (a hardware distributor acquired in March) added
130 basis points (1.3 percentage points) to
growth, while currency transactions added
40 bps. Resulting organic average daily
To be considered for this section, material
should be sent to Research@barrons.com.
sales, or ADS, up 12.1%, were in the double digits for the fifth consecutive month.
Looking forward, we model November
average daily sales growth at 14%. This
represents a sequential decrease of 5.3%,
versus the 4.1% decrease implied by the
Baird proprietary benchmark. Further, we
continue to assume 10%-plus organic ADS
growth through the remainder of the year.
End markets: Manufacturing customers’
daily sales grew 15.7%, and daily sales to
nonresidential construction customers grew
6%. Both were relatively consistent sequentially, in line with industry growth trends.
Product lines: Last month, fastener
growth was up 11.5%, while nonfastener
growth was up 15.5%, compared with 13%
and 16.7%, respectively, reflecting the
company’s continued “less bad” mix of
trends versus recent history.
New stores/head count: Fastenal opened
two new stores in October, resulting in 17
openings year to date. Sales head count increased 1.1% sequentially, up 140 full-time
employees, and up 5.4% year over year.
Cboe Global Markets
• CBOE-Nasdaq
Outperform • Price $114.44 on Nov. 6
by Wells Fargo Securities
The owner of options exchanges reported
solid third-quarter 2017 results (EPS up
53% year over year), but these were
largely in line with expectations. Synergies from the March acquisition of rival
exchange owner Bats Global Markets are
running ahead of plan, although guidance
for the fourth quarter is generally unsurprising. Non-GAAP EPS was 89 cents,
which was a penny above our estimate
and the consensus. Relative to our estimates, the upside was attributable to a
lower-than-expected tax rate, as operating results were in line.
Net revenues were $269.7 million,
slightly below our estimate of $271.9 million
but in line with consensus. Despite our expectations, lower-than-expected expenses
(synergies are running ahead of plan) offset
the modest revenue shortfall. Non-GAAP
operating margin of 62.2% was 50 bps
above our estimate. Also, Cboe updated
guidance items for 2017, including a reduction in operating expense and narrowing of
tax expenses. The midpoint of the revised
expense guide implies a step-up of expenses
in the fourth quarter, to $104.5 million, in
line with our current estimate.
We rate Cboe at Outperform and reiterate our standing $120 price target. The
company has a solid product mix, including proprietary rights on Standard &
Poor’s 500 index options, and trading in
CBOE Volatility Index futures and options. We view the Bats acquisition favorably, as it should be highly accretive to
Cboe while creating more-diverse upside
optionality to its business.
Advanced Micro Devices
• AMD-Nasdaq
Buy • Price $11.93 on Nov. 6
by Canaccord Genuity
How times have changed! On Monday, the
maker of multipurpose analog and digital
and mixed-signal chips announced a semicustom deal with competitor Intel (ticker:
INTC) for use of AMD’s Vega graphics
processing unit on Intel’s multichip package for the thin/light high-end notebook
market We think that is further evidence
of AMD’s ability to monetize its intellectual property—consistent with our longterm thesis. Importantly, we believe that
this partnership represents a strong
endorsement by Intel of AMD’s graphics
INSIDER TRANSACTIONS: Recent Filings
Purchases
Shares
$ Val
(000's)
Vmware VMW
Altair Engineering ALTR
Ultimate Software ULTI
Rockwell Collins COL
Texas Instruments TXN
3
2
8
9
2
881,111
3,734,996
137,343
196,042
269,862
96,401
72,347
27,036
26,537
26,259
Exelon EXC
Expedia EXPE
Estee Lauder Cos EL
General Dynamics GD
Healthequity HQY
1
2
9
2
1
619,316
191,958
193,984
113,315
419,504
25,145
23,694
23,378
22,941
22,223
999
951
935
879
875
Esterline Technologies ESL
Te Connectivity LtdTEL
C R Bard BCR
Cognex CGNX
Medidata Solutions MDSO
2
3
2
3
3
222,204
185,118
45,277
116,250
215,000
21,156
17,001
15,129
14,881
14,818
653
631
613
504
496
Nektar TherapeuticsNKTR
Dollar Tree DLTR
Hp HPQ
Asbury Automotive ABG
Universal Display OLED
3
1
1
1
3
502,074
150,000
605,821
200,000
78,744
14,027
13,669
12,877
12,400
11,969
Shares
Spero Therapeutics SPRO
Accelerate Diagnostics AXDX
Allena Pharmaceuticals ALNA
Annaly Capital Management NLY
American Assets Trust AAT
5
3
2
1
1
1,077,927
390,164
715,000
300,000
85,155
15,091
7,229
7,000
3,335
3,308
Lands End LE
Omega Healthcare Investors OHI
Cheesecake Factory CAKE
Revlon REV
Tempur Sealy International TPX
1
2
1
1
1
294,917
110,000
25,000
47,355
19,565
3,212
3,098
1,087
1,062
1,002
Kellogg CoK
Bank Preton New JerseyBPRN
Benefitfocus BNFT
Gogo GOGO
Education Realty Trust EDR
1
2
1
1
2
15,930
29,035
37,000
100,000
25,000
Xencor XNCR
Ticc Capital TICC
Biglari Holdings BH
Green Plains GPRE
Willis Towers Watson PlcWLTW
1
2
1
1
1
33,117
106,632
1,836
30,000
3,100
Company /Symbol
Sales
Insiders
Insiders
$ Val
(000's)
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 $2 per share or trades under 100
shares. The "Purchases" column includes only open-market and private purchases; the "Sales" column includes only open-market and private sales,
and excludes trades preceded by option exercise in the 12 months prior to the reported event.
Source: Thomson Reuters
INSIDER TRANSACTIONS RATIO
70
Ratio = 10
60
50
40
Bearish
30
20
10
Bullish
N
D
J
F
M
A
M
J
J
A
S
O
N
0
Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish.
The total top 20 sales and buys are 513,888,187 and 52,959,067 respectively;
Source: Thomson Reuters
M16
BARRON’S
BUSINESS OPPORTUNITIES
TAX SHELTER
BUSINESS OPPORTUNITY
Short term business sales contracts for sale. Contracts pay
28% interest with 12 monthly
principal & interest payments.
ph-616-430-7987
mondialinvestments@gmail.com
() **
!"""
#$!
%%%&'&
To advertise
in Barron’s
classifieds,
1.800.366.3975 or
email advertising@
barrons.com
road map and its gaming-, productivity-, and
security-focused offerings. As such, we reiterate our Buy rating and $20 price target (at
about four times its enterprise value/sales).
While these new engagements could
drive solid upside, we reiterate our 2017-18
revenue/EPS estimates of $5.24 billion over
12 cents and $5.91 billion over 31 cents until
launch timing is announced.
And longer term, we reiterate our base
bull 2020 non-GAAP EPS estimates of
87 cents/$1.30, which reflect a stronger revenue and margin outlook along with continued seven-nanometer high-speed progress.
We look to find more details of this partnership on our bus tour later in November.
Marvell Technology Group
MRVL-Nasdaq
Equal Weight • Price $18.51 on Nov. 3
by Morgan Stanley Research
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
•
REACH
SERIOUS
INVESTORS.
Barron’s Classifieds is where our
readers discover opportunities in
real estate, business investments,
corporate aircraft, yachts, fine
cars and so much more.
For information on advertising, call 1.800.366.3975
or email advertising@barrons.com
The Wall Street Journal reported that chip
maker Marvell is in advanced talks to
acquire chip maker Cavium; neither company commented. In this note we look at the
hypothetical combination, in two scenarios
that could make business sense but could
also bring some challenges.
We estimate an acquisition of Cavium
could be about 15% accretive to Marvell’s
non-GAAP EPS. For our scenario analysis,
we use hypothetical premiums of 25% to
35%, in line with those paid for semiconductor share transactions over the past couple
of years; our financing assumptions also
reflect the fact that semiconductor companies have typically increased their net leverage up to 3.5 times to four times for
mergers-and-acquisitions transactions. In a
hypothetical transaction, we assume that
Marvell realizes $130 million in cost savings,
split across $25 million in cost of goods sold,
$35 million in research and development,
and $70 million in sales and administration,
and that it finances the transaction with
75% cash/debt and 25% stock. Cost savings
of $130 million represents approximately 5%
of combined company costs at the low end
of the 5% to 10% range for past semiconductor deals.
In the first scenario, we assume that
Marvell offers $85/share for Cavium, or a
25% premium to Friday’s close, and we see
the deal being 15% accretive to Marvell’s
Non-GAAP EPS. Here, we assume that the
company finances the deal by utilizing about
$950 million of cash on hand, issuing
$3.8 billion of new debt at 5%, and issuing
85 million new shares at $18.50/share. The
transaction would increase the net leverage
of the combined entity 3.5 times (on a trailing 12-months basis).
In the second scenario, we assume that
Marvell offers $92/share for Cavium, a 35%
November 13, 2017
premium to Friday’s close, and we see the
deal being 11% accretive to Marvell’s nonGAAP EPS. Here, we assume that the company finances the deal by utilizing about
$1 billion of cash on hand, issuing $4.1 billion
of new debt at 5% and 92 million new shares
at $18.50/share. The transaction would increase the net leverage of the combined
entity to approximately four times.
Quanta Services
• PWR-NYSE
Buy • Price $35.66 on Nov. 3
by B. Riley FBR
On the morning of Nov. 2, the specialty contractor (which works mostly in the powergeneration and oil-and-gas industries) announced third-quarter 2017 results above
our and consensus estimates. More importantly, the company disclosed record total
backlog of $10.5 billion and record 12-month
backlog of $6.2 billion, which provides good
near- and longer-term visibility. The company had additional awards subsequent to
the end of the quarter and suggested they
could post more record backlog going forward. End market trends remain positive,
with visibility improving into larger projects
across both segments, which should bode
well for growth in 2018 and beyond.
We are raising our 2018 estimates and our
price target from $45 to $48, and reiterate
our Buy rating, based on positive trends and
customer spending across its end markets.
Pinnacle Entertainment
• PNK-Nasdaq
Overweight • Price $25.11 on Nov. 7 intraday
by JPMorgan
We view Pinnacle’s third-quarter results as
solid and reaffirm our Overweight rating on
what we view as a good combination of solid
regional operating fundamentals and attractive free cash flow. We attribute today’s
share weakness (with Pinnacle shares down
6% versus the S&P 500 off 0.1%) to
conference-call commentary on M&A talk,
which we believe investors may have misinterpreted; we think that M&A will continue
to be a focus for gaming companies in the
current environment.
We tweak our 2018/19 estimate Ebitdar
estimates higher by 1%, and remain Overweight, as we continue to have a favorable
view of Pinnacle’s strong free-cash-flow generation, which is among the highest in our
coverage universe.
Specifically, we project FCF per share of
$3.31 in 2018 and estimate $3.29 per share
in 2019, implying a roughly 13% yield at
current levels. Our December 2018 price
target goes to $33 (up from our prior $25),
as we now assume that Pinnacle can trade
at a 10% FCF yield in 2019, estimated,
versus our prior 11.5% FCF yield.
November 13, 2017
BARRON’S
M17
New York Stock Exchange Composite List
FIVE-DAY DOW COMPOSITE
TO OUR READERS:
After hearing many requests from readers, %will again provide earnings data in our print edition when space is
available. As part of a regular sequence, earnings data will be followed by information about preferred stocks and then
bonds. Again, the data will appear only in weeks when space is available. We greatly appreciate your feedback.
Have You Ever Felt This Low? The Dow dropped 0.5% last week amid
concerns about possible delays in passing a Republican tax plan. General Electric rose 2.5% and Intel fell 1.6%.
Monday
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
13.06
41.94
26.48
45.12
14.75
40.72
12.47
85.70
75.58
19.72
6.90
11.39
35.65
46.60
5.55
43.03
9.94
4.95
20.22
71.06
67.70
48.22
56.69
98.26
17.35
34.30
145.00
18.24
29.80
261.43
22.31
13.29
86.42
40.70
177.83
25.71
26.30
6.70
46.51
7.55
13.10
6.21
54.50
6.14
36.25
184.98
198.40
68.67
51.86
51.50
111.88
45.15
162.86
25.98
114.57
9.00
101.43
60.85
144.99
50.31
46.96
451.99
126.88
11.21
191.22
667.19
26.59
89.81
256.80
80.00
266.25
5.99
31.20
20.26
37.12
10.35
30.15
10.00
66.50
51.29
16.49
4.35
4.05
10.90
28.95
2.60
32.55
6.02
3.44
14.37
52.15
44.00
26.12
37.38
58.60
8.81
26.70
112.31
5.99
21.60
153.28
15.16
9.27
44.33
27.20
78.81
19.23
17.90
4.89
15.18
5.05
3.26
4.73
41.34
3.02
17.56
116.04
139.15
42.92
35.05
41.01
87.82
32.82
133.63
20.50
70.53
5.95
61.36
42.50
76.32
27.63
39.53
396.00
103.32
7.75
86.01
521.07
14.54
63.71
169.64
58.22
206.41
AAC
AAR
ABB
ABMIndustries
ACCO Brands
AECOM
AES
Aflac
AGCO
AG Mortgage
AHBeloA
AK Steel
AMC Ent
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
Alexander&Baldwin
Alexanders
AlexandriaRealEst
AlgonquinPwr
Alibaba
Alleghany
AlleghenyTechs
Allegion
Allergan
Allete
AllianceData
Tick
Div
Sym Yld P/E Last Chg. Amt.
52-Week
High Low Name
A
19.50
26.65
44.39
45.69
100.31
26.93
14.15
26.89
35.29
15.66
77.79
23.54
12.30
7.03
63.15
8.80
19.50
19.11
44.83
21.25
51.70
19.00
75.84
31.05
96.90
106.52
23.98
67.47
25.26
18.45
10.05
25.42
56.31
155.28
24.00
90.49
50.00
163.04
97.85
70.26
8.39
18.60
88.36
14.26
7.88
73.33
48.28
112.21
60.14
13.68
126.50
88.60
12.73
22.87
35.74
27.23
220.75
54.82
6.35
152.78
69.00
46.86
19.92
33.37
20.68
70.05
90.79
36.62
12.75
26.33
44.12
8.99
17.40
30.50
AAC
AIR
ABB
ABM
ACCO
ACM
AES
AFL
AGCO
MITT
AHC
AKS
AMC
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
ALEX
ALX
ARE
AQN
BABA
Y
ATI
ALLE
AGN
ALE
ADS
...
.7
3.0
1.7
...
...
4.7
2.2
.8
10.2
6.5
...
7.3
...
...
5.7
...
4.5
2.6
2.8
1.5
.3
1.9
3.0
6.4
3.7
1.8
...
.2
.3
2.5
...
1.4
...
.3
...
1.3
3.7
...
...
2.1
5.0
...
...
...
1.1
.4
.8
1.0
4.2
3.3
.9
2.4
4.8
.4
.3
1.9
1.2
.9
...
.6
4.2
2.7
4.4
...
...
...
.8
1.6
2.8
.9
dd
24
23
cc
22
22
dd
12
27
7
dd
30
dd
18
dd
17
dd
6
22
dd
23
19
43
23
dd
52
26
dd
dd
22
18
42
8
22
16
dd
59
14
27
23
5
17
8
dd
35
32
20
34
38
24
41
13
29
11
27
cc
10
44
33
28
cc
25
cc
35
54
dd
dd
24
dd
22
24
11.28
40.11
25.36
40.26
12.85
35.59
10.23
83.44
67.97
18.62
4.90
4.23
11.00
43.85
2.92
34.22
7.26
4.14
17.93
53.54
44.35
36.59
54.80
95.43
12.56
29.23
143.89
16.35
24.70
160.18
19.22
9.34
77.42
38.15
81.22
22.82
21.65
6.15
42.23
5.90
3.75
6.07
51.67
4.67
29.09
175.12
184.36
66.81
45.00
48.67
106.87
43.23
160.30
23.37
112.08
6.26
62.42
58.55
140.62
43.01
43.43
404.97
126.64
10.49
186.41
579.61
22.02
83.13
172.21
76.34
225.45
+1.20
–0.29
–0.84
–0.80
...
–0.12
–0.26
–0.54
–1.03
–0.35
–0.15
+0.01
–0.90
+2.75
+0.10
+0.92
–0.15
–0.01
–0.17
–0.83
–1.90
+0.16
–0.67
+3.12
+0.74
+1.85
–0.15
+2.07
–0.85
–1.89
+1.13
–0.55
–1.28
+2.50
–0.58
+0.28
+0.35
–0.01
–2.01
+0.20
–0.45
+0.18
–0.84
+0.47
+1.12
–1.87
–0.99
–1.56
+0.89
+0.66
–1.22
–0.77
+1.05
–0.64
+1.43
–0.11
–1.23
–0.55
+0.58
–4.11
–1.36
–0.73
+1.34
–0.06
+3.20
–4.07
–3.76
+1.11
–2.71
–0.59
–0.14
...
.075
.7626
.17
...
...
.12
.45
.14
.10
.14
...
.20
...
...
.49
...
.1846
.115
.38
.17
.03
.265
.71
.20
.27
1.33
...
.04
.13
.12
...
.275
...
.06
...
.07
.2282
...
...
.02
.1527
...
...
...
.50
.20
.132
.11
.505
.875
.10
.95
.28
.10
.01
.30
.17
.32
...
.07
4.25
.86
.1165
...
...
...
.16
.70
.535
.52
9.85
20.40
34.88
30.30
68.92
17.83
8.22
14.61
20.66
10.37
60.01
9.93
6.71
4.70
46.97
4.80
11.02
10.85
36.79
13.37
41.06
10.23
57.89
19.92
69.65
78.31
19.63
57.90
16.33
11.10
4.92
10.32
39.50
99.72
14.65
69.79
42.00
108.81
71.90
45.78
4.50
12.20
66.00
4.78
5.17
39.96
34.77
75.11
43.21
8.89
98.28
62.90
9.83
17.58
27.18
17.89
131.38
44.75
4.92
109.18
38.14
39.66
16.46
18.75
17.35
53.95
70.75
28.57
9.01
10.87
32.73
6.92
13.51
19.59
AllianceOne
AllianceBernstein
AlliantEnergy
AllisonTransm
Allstate
AllyFinancial
AlonUSAPartners
Alteryx
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
Aquantia
AquaVenture
Aramark
ArborRealty
ArcLogisticsPtrs
ArcelorMittal
Tick
Div
Sym Yld P/E Last Chg. Amt.
AOI
AB
LNT
ALSN
ALL
ALLY
ALDW
AYX
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
AQ
WAAS
ARMK
ABR
ARCX
MT
...
8.1
2.9
1.4
1.5
1.9
12.6
...
...
5.5
4.1
...
...
...
2.9
...
2.0
2.0
2.7
...
4.2
3.6
3.3
.8
1.5
1.3
.9
2.1
...
12.6
...
...
1.9
1.8
.3
1.9
8.5
2.1
2.0
.5
...
2.5
.9
...
...
.4
10.4
2.2
8.6
3.9
3.1
...
10.7
1.3
5.0
...
1.3
4.8
11.1
1.0
2.3
3.2
10.1
5.1
6.3
1.9
1.5
2.3
...
...
1.0
9.0
10.8
...
dd
12
23
19
15
12
12
dd
...
dd
8
46
dd
35
25
23
32
31
60
6
cc
14
20
10
18
14
dd
dd
...
dd
dd
dd
29
57
34
33
42
15
20
29
7
dd
28
34
74
dd
...
22
20
dd
59
15
4
...
19
cc
20
...
11
...
25
cc
9
10
19
17
25
27
dd
dd
31
8
40
4
12.80
25.05
43.68
43.30
99.12
25.57
13.63
25.30
21.90
10.94
65.02
18.70
6.92
6.12
62.48
8.70
17.27
16.98
39.33
17.45
41.80
13.98
74.78
28.50
93.52
105.63
22.13
62.06
20.00
13.10
9.44
10.85
52.94
150.54
18.30
88.74
44.94
157.22
75.00
68.23
5.52
14.35
88.21
5.06
7.00
51.11
35.91
107.20
46.03
9.67
118.16
63.30
11.24
17.70
27.40
20.26
218.27
54.76
5.40
143.25
44.13
45.13
18.18
30.39
19.13
61.60
84.91
35.98
11.02
14.49
42.68
8.49
16.36
29.14
–0.85
–0.60
–0.15
–0.38
+1.28
–1.11
+0.47
+3.30
–0.69
–0.06
+1.11
–0.47
–0.44
–0.05
+0.29
+0.85
+0.02
–0.09
+0.97
–1.49
–0.07
+0.99
+0.70
–1.15
–2.91
+2.87
+0.72
+0.06
–0.07
–0.15
–0.07
–0.61
–0.86
+8.44
–2.65
–0.02
–0.26
–2.37
+0.20
+0.57
–0.29
–2.75
+0.88
–1.32
–0.14
+1.60
–1.59
–2.97
+1.37
+0.43
–3.57
–3.40
+0.01
–0.62
–0.38
+1.02
+6.47
+1.03
–0.06
+4.61
+1.38
+0.91
–0.17
–0.90
+0.26
–1.25
–2.03
–0.05
+1.51
+1.89
–1.07
–0.06
–0.39
–0.28
...
.51
.315
.15
.37
.12
.43
...
...
.15
.66
...
...
.0498
.4575
...
.1599
.1599
.27
...
.44
.125
.62
.24
.35
2.00
.05
.32
...
.4125
...
...
.255
.66
.015
.415
.95
.83
.38
.09
...
.09
.19
...
...
.05
.9375
.59
.9852
.0944
1.8534
...
.30
.059
.34
...
.70
.6563
.15
.36
.25
.36
.46
.39
.10
.29
.32
.2047
...
...
.103
.19
.44
...
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.
52-Week
High Low Name
86.47
47.44
16.40
30.69
10.80
24.54
9.05
14.39
23.25
76.70
221.67
17.13
15.16
27.60
22.96
54.45
84.53
36.88
71.00
14.87
8.23
69.33
4.97
57.80
26.70
39.35
106.99
45.73
35.60
26.40
12.90
55.22
27.30
2.75
90.39
67.69
127.75
55.77
813.70
199.52
51.87
108.99
10.91
52.83
51.50
6.03
34.47
29.43
22.00
60.13
39.10
8.30
18.31
5.20
19.84
5.95
12.48
15.75
56.90
84.73
10.93
12.66
20.29
13.32
38.45
62.10
26.30
49.10
8.74
5.68
52.26
3.63
35.05
20.95
32.20
82.30
33.55
25.55
11.02
6.85
43.25
15.05
2.25
69.50
22.07
96.08
38.20
491.13
158.32
35.42
68.93
6.37
37.78
35.67
1.89
24.72
19.43
14.20
ArchCoal
ArcherDaniels
Archrock
Arconic
ArcosDorados
Ardagh
ArdmoreShipping
AresCommRealEst
AresManagement
Argan
AristaNetworks
ArlingtonAsset
ArmadaHoffler
ArmourRes
ArmstrongFlooring
ArmstrongWorld
ArrowElec
ArtisanPtrsAsset
AsburyAutomotive
AshfordHospPrime
AshfordHosp
AshlandGlobal
AspenAerogels
AspenIns
AssociatedBanc
AssocCapital
Assurant
AssuredGuaranty
AstraZeneca
AtHomeGroup
Atento
Athene
AtkoreIntl
AtlanticPower g
AtmosEnergy
Autohome
Autoliv
AutoNation
AutoZone
Avalonbay
Avangrid
AveryDennison
Avianca
Avista
Avnet
AvonProducts
AxaltaCoating
Azul
AzurePowerGlbl
47.75
49.91
22.73
8.92
48.32
13.25
44.62
39.12
18.63
41.55
32.95
16.01
11.01
24.65
61.88
17.72
52.10
40.82
43.24
23.25
9.35
11.79
95.80
30.51
136.10
11.75
32.02
6.99
48.74
32.70
27.98
29.50
41.17
14.55
3.76
41.83
10.31
33.37
28.73
16.85
32.53
15.00
10.60
7.36
16.44
37.63
1.61
34.35
29.62
35.65
13.20
6.04
6.91
64.92
25.51
61.12
6.86
21.06
4.40
31.98
26.35
18.63
B&G Foods
BB&T
BBVABancoFr
BBX CapitalA
BCE g
BEST
BHPBilliton
BHPBilliton
BP Midstream
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
ARCH
ADM
AROC
ARNC
ARCO
ARD
ASC
ACRE
ARES
AGX
ANET
AI
AHH
ARR
AFI
AWI
ARW
APAM
ABG
AHP
AHT
ASH
ASPN
AHL
ASB
AC
AIZ
AGO
AZN
HOME
ATTO
ATH
ATKR
AT
ATO
ATHM
ALV
AN
AZO
AVB
AGR
AVY
AVH
AVA
AVT
AVP
AXTA
AZUL
AZRE
1.8
3.2
4.6
1.0
...
2.8
...
8.3
8.7
1.5
...
19.7
5.1
9.4
...
...
...
6.6
...
6.9
7.6
1.4
...
2.3
2.3
.6
2.2
1.5
2.7
...
...
...
...
...
2.2
...
1.9
...
...
3.0
3.4
1.7
1.4
2.8
1.8
...
...
...
...
10
19
dd
dd
39
cc
dd
11
34
12
46
dd
30
5
dd
19
14
20
8
dd
dd
dd
dd
dd
17
dd
23
5
22
39
32
7
16
dd
24
40
21
13
14
29
24
23
15
26
17
dd
cc
cc
dd
78.74
39.93
10.50
24.24
10.25
20.06
8.60
13.00
18.80
66.80
221.05
11.14
14.97
24.21
15.82
51.15
78.28
36.60
61.95
9.26
6.31
66.01
4.87
42.15
24.20
34.25
98.15
37.12
32.91
20.86
9.15
48.22
19.35
2.40
89.16
61.50
123.44
52.48
598.06
187.16
50.56
105.19
7.05
51.88
39.56
1.92
31.98
24.86
15.00
–0.64
+0.15
–0.35
–1.10
...
–1.25
+0.30
+0.07
+0.05
–0.45
+19.56
+0.14
+0.51
–0.24
+1.67
–0.20
+0.11
+0.30
...
+0.14
...
–2.65
+0.08
+0.55
–0.95
–2.60
–1.99
–0.17
–1.57
–0.37
–3.05
+0.65
+0.31
–0.05
+1.57
+1.94
–2.23
–1.21
–8.35
+5.19
–0.53
–2.90
–0.09
+0.02
+0.35
–0.02
–0.86
+0.81
–0.50
.35
.32
.12
.06
...
.14
...
.27
.41
1.00
...
.55
.19
.19
...
...
...
.60
...
.16
.12
.225
...
.24
.14
.10
.53
.1425
.45
...
.3384
...
...
...
.485
.76
.60
...
...
1.42
.432
.45
.1015
.3575
.18
...
...
...
...
5.6
2.9
1.2
.4
4.7
...
4.0
4.6
...
6.0
13.9
...
7.2
3.8
.7
...
1.2
2.2
1.0
2.6
5.1
.7
2.9
5.4
.6
...
3.4
2.9
3.3
...
1.8
22
17
14
21
20
...
19
17
...
34
6
dd
13
16
31
dd
39
dd
62
23
12
...
18
15
16
...
17
13
10
19
15
33.35
46.13
20.80
8.53
48.22
11.96
42.78
37.62
18.09
40.30
19.45
12.60
10.05
16.53
60.50
4.58
44.30
32.95
39.98
19.70
8.33
9.33
90.04
28.30
117.18
8.89
30.39
6.46
38.63
30.60
26.51
–0.25
–3.41
–0.40
+0.43
+0.77
+0.70
+0.63
+0.36
–0.16
–0.26
+0.35
–0.30
+0.05
+0.02
–0.53
+0.52
–0.05
+1.77
–1.77
–1.15
–0.18
–0.13
–0.72
–0.17
–1.17
+0.09
–0.68
–0.14
+1.64
–1.80
–1.31
.465
.33
.2508
.0075
.5606
...
.86
.86
...
.60
.6741
...
.18
.3168
.11
...
.13
.18
.10
.13
.106
.0053
2.5706
.385
.7532
.0411
1.0444
.0464
.32
.14
.12
B
BGS
BBT
BFR
BBX
BCE
BSTI
BHP
BBL
BPMP
BP
BPT
BRFS
BRT
BT
BWXT
BW
BMI
BHGE
BLL
BANC
BBVA
BBDO
BCH
BLX
BMA
BSBR
BSAC
SAN
CIB
BXS
BAC
Tuesday
Wednesday
Thursday
+6.13
-101.42
Friday
23590
(Prev Fri's
Close)
23525
23460
23395
+9.23
23330
10
12
2
52-Week
High Low Name
15.85
1.60
38.96
90.80
78.86
55.29
65.99
41.00
12.05
335.84
13.15
13.20
72.87
26.16
20.78
44.81
65.70
5.61
21.46
225.23
86.31
5.35
14.45
51.98
35.80
73.17
285950
190.68
40.00
60.70
63.32
56.54
491.74
8.24
6.50
39.51
268.40
261.55
54.42
72.02
78.74
47.55
19.86
11.78
489.79
35.09
32.47
31.80
11.00
20.83
11.78
18.95
267.62
38.85
377.17
17.26
39.67
53.84
181.20
6.31
0.19
27.25
74.72
63.02
43.85
51.21
30.37
9.35
203.63
4.99
6.25
42.41
19.06
13.81
14.03
43.13
2.13
10.15
161.29
64.60
2.23
11.00
40.60
26.55
56.98
232770
155.15
30.90
43.94
37.65
45.10
290.05
2.66
0.32
17.00
165.54
171.50
16.56
56.75
61.86
41.10
15.12
6.65
365.83
24.10
29.09
19.85
3.03
12.55
6.36
13.40
144.46
18.95
23.33
5.90
31.06
33.81
128.70
BankofAmWtA
BankofAmWtB
BankofButterfield
BankofHawaii
BankofMontreal g
BankNY Mellon
BkNovaScotia g
BankUnited
Barclays
Bard CR
Barnes&NobleEduc
Barnes&Noble
BarnesGroup
BarracudaNtwks
BarrickGold
BasicEnergySvcs
BaxterIntl
BaytexEnergy g
BeazerHomes
BectonDickinson
Belden
BellatrixExplor
Belmond
Bemis
BenchmarkElec
Berkley
BerkHathwy A
BerkHathwy B
BerkshireHills
BerryGlobal
BestBuy
BigLots
Biglari
BillBarrett
BioAmber
BiohavenPharm
Bio-RadLab A
Bio-RadLab B
Bitauto
BlackHills
BlackHillsUn
BlackKnight
BlackStoneMin
BlackBerry
BlackRock
BlackstoneGroup
BlackstoneMtg
BlockHR
BlueApron
BlueCapReins
BlueLinx
BoardwalkPipe
Boeing
BoiseCascade
BonanzaCreekEner
BootBarn
BoozAllen
BorgWarner
BostonBeer
+8.81
4pm 10
12
2
4pm 10
Tick
Div
Sym Yld P/E Last Chg. Amt.
BAC.WS.A
BAC.WS.B
NTB
BOH
BMO
BK
BNS
BKU
BCS
BCR
BNED
BKS
B
CUDA
ABX
BAS
BAX
BTE
BZH
BDX
BDC
BXE
BEL
BMS
BHE
WRB
BRK.A
BRK.B
BHLB
BERY
BBY
BIG
BH
BBG
BIOA
BHVN
BIO
BIO.B
BITA
BKH
BKHU
BKI
BSM
BB
BLK
BX
BXMT
HRB
APRN
BCRH
BXC
BWP
BA
BCC
BCEI
BOOT
BAH
BWA
SAM
...
...
3.5
2.6
3.7
1.9
3.8
2.5
2.2
.3
...
8.5
.9
...
.9
...
1.0
...
...
1.3
.2
...
...
2.8
...
.8
...
...
2.3
...
2.4
1.9
...
...
...
...
...
...
...
3.3
6.2
...
6.9
...
2.1
5.5
7.8
3.8
...
9.5
...
2.7
2.2
...
...
...
1.9
1.3
...
...
...
20
18
13
15
14
14
dd
44
dd
22
22
cc
8
57
34
dd
dd
63
58
dd
dd
21
24
16
24
24
19
25
15
14
19
dd
dd
...
cc
cc
dd
22
...
68
28
9
22
14
14
13
dd
...
4
12
24
20
dd
21
20
38
24
14.50
1.24
36.20
78.86
77.22
50.93
65.59
32.98
9.44
331.89
5.28
7.10
62.53
22.42
13.98
21.89
64.04
3.29
20.52
219.23
83.49
2.46
11.95
43.14
30.15
68.74
275660
183.68
36.20
57.54
56.68
53.69
350.00
6.66
.43
26.47
258.19
258.60
46.92
57.59
62.96
45.85
18.05
10.78
465.83
32.13
31.81
25.08
3.17
12.65
8.70
14.55
260.85
35.70
33.04
12.01
36.59
52.07
176.40
–1.19
–0.33
–0.18
–2.92
–0.55
–0.40
+0.06
–0.33
–0.13
–1.97
...
+0.10
–3.97
+0.13
–0.02
+1.78
–0.86
+0.24
–0.10
–5.18
+1.46
+0.05
–1.15
–2.35
+0.60
–0.51
–4810.01
–3.59
–2.10
–1.46
–0.24
+0.61
–11.27
–0.07
–0.10
–2.97
–3.23
+3.60
–1.09
–3.64
–3.37
+0.10
–0.25
–0.17
–13.28
–0.76
–0.26
+1.02
–0.62
–0.25
–0.44
+0.37
–0.90
–1.40
–1.42
+2.11
–1.54
–0.90
+2.90
...
...
.32
.52
.717
.24
.6294
.21
.053
.26
...
.15
.14
...
.03
...
.16
...
...
.73
.05
...
...
.30
...
.14
...
...
.21
...
.34
.25
...
...
...
...
...
...
...
.475
.9688
...
.3125
...
2.50
.44
.62
.24
...
.30
...
.10
1.42
...
...
...
.17
.17
...
12
2
4pm 10
12
52-Week
High Low Name
2
-39.73
4pm 10
12
2
4pm
Tick
Div
Sym Yld P/E Last Chg. Amt.
140.13
29.93
22.27
29.89
40.50
18.18
4.55
33.73
15.85
25.95
93.13
28.18
55.84
87.30
66.10
21.88
73.41
25.34
91.75
16.31
43.15
31.78
44.91
24.96
36.00
50.81
60.28
59.71
63.82
73.01
27.10
14.96
15.85
83.75
104.07
21.82
116.77
19.67
13.56
18.20
31.70
14.19
2.72
15.26
8.26
20.00
65.00
10.55
29.50
38.48
46.01
6.21
52.84
17.23
60.25
8.78
32.04
21.72
30.76
20.31
26.61
38.10
45.17
43.72
46.70
50.10
13.50
9.87
7.25
63.96
71.41
19.29
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
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
147.31
40.11
16.70
46.30
25.90
17.25
12.35
41.60
71.07
70.10
39.32
17.00
53.85
50.40
49.41
55.62
13.37
25.07
143.39
20.85
112.10
8.41
5.83
0.17
14.08
11.20
5.46
27.35
53.00
52.75
25.04
3.26
45.81
37.87
38.92
37.51
7.84
16.46
108.05
13.15
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
2.4
...
...
.7
2.2
3.6
...
...
...
2.3
...
...
4.5
.8
2.6
2.0
2.3
6.0
1.7
...
1.3
.8
4.0
5.0
5.5
1.2
1.3
1.3
1.6
10.0
5.3
.4
...
2.7
...
...
39
46
dd
28
21
cc
16
63
66
19
43
cc
12
50
24
dd
11
17
31
dd
93
cc
cc
14
dd
26
32
32
16
15
11
dd
43
21
27
...
125.85
28.36
22.03
28.89
37.90
17.67
3.92
30.03
9.38
24.24
86.66
21.39
33.74
78.40
60.86
14.15
65.00
18.25
88.45
10.23
42.02
29.82
43.47
23.68
34.05
49.48
57.69
57.28
48.81
50.51
19.00
13.84
7.80
67.15
98.30
19.53
+5.17
+0.50
+0.12
–0.31
+0.60
+0.17
+0.17
–0.34
–0.27
–0.38
–2.45
–2.61
+0.94
+1.05
–1.36
+5.67
–0.35
+0.75
+1.61
–0.22
+0.32
–0.48
+1.17
+0.35
+0.50
–0.91
+1.80
+1.67
–2.75
–1.52
+1.25
–0.55
–0.10
–0.71
+0.53
–0.50
.75
...
...
.05
.2075
.16
.0739
...
...
.14
...
...
.38
.15
.39
.07
.7586
.275
.365
...
.14
.0625
.435
.295
.4675
.15
.1825
.1825
.19
1.2625
.25
.03
...
.46
...
...
...
...
...
...
...
...
13.1
...
1.3
1.3
3.2
...
...
1.4
2.7
2.2
.9
1.5
3.6
15.3
19
19
dd
8
63
19
cc
18
79
79
dd
dd
21
dd
26
16
...
8
18
10
124.80
36.09
9.45
30.35
21.73
15.10
6.12
41.53
57.13
56.74
37.28
4.68
53.35
44.69
49.27
54.29
12.85
23.49
142.55
13.40
–5.20
+0.16
+0.90
+2.07
–0.86
+0.15
+0.20
+1.63
+0.72
+1.34
–1.32
–0.02
+0.10
–1.19
+1.14
–0.69
–0.17
–0.41
+2.99
–0.90
...
...
...
...
...
...
.20
...
.18
.18
.30
...
...
.16
.3325
.30
.1175
.09
2.5612
.5125
C
The Week’s Statistics
Barron's 50-Stock Average .............
Cash Track .....................................
Charting the Market ......................
Closed-End Funds..........................
Coming Earnings ...........................
Conference Call Calendar...............
Consensus Estimates Dow Industrials
Delta Tactical Sentiment ................
Distributions & Offerings ...............
Dividend Boosts - Reductions.........
Dividend Ex-Payment Dates ...........
35
28
2
32
36
37
36
35
35
39
39
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 .........................
34
36
34
35
36
24
38
38
27
38
38
Indexes P/Es & Yields ......................
Initial Public Offerings....................
Investor Sentiment Readings .........
Key Foreign Market Indexes ...........
Market Lab ....................................
Money Rates, U.S. & Foreign ..........
Money Supply ...............................
Mutual Funds ................................
N.Y. Stock Exchange ......................
Nasdaq National Market................
New Corporate Listings .................
35
36
38
27
34
38
38
28
17
21
39
New Highs & Lows .........................
NYSE Half-Hourly Volume ..............
Other Market Indexes ....................
Pulse of the Economy.....................
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 ..
37
34
34
36
34
35
31
31
39
34
32
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
33
34
4
35
38
35
12
M18
BARRON’S
November 13, 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
25.56
22.34
17.69
38.06
33.67
30.29
27.55
32.42
6.95
13.21
84.72
8.98
788.00
64.66
29.06
25.49
18.25
52.73
36.61
22.10
23.42
43.75
8.10
15.63
18.53
15.11
62.95
96.39
13.36
64.23
45.84
26.08
92.22
84.48
36.79
179.17
39.15
99.83
54.80
96.92
17.89
10.27
9.95
1.30
11.41
84.88
20.88
116.40
77.64
69.89
70.56
51.88
29.11
29.47
102.87
23.70
5.50
43.39
13.24
140.44
36.64
72.56
6.79
9.75
109.11
14.74
11.19
13.39
10.37
16.82
98.72
30.45
7.60
33.55
30.16
27.61
15.85
119.05
23.27
13.79
16.50
235.96
58.08
19.43
8.20
3.85
28.77
82.15
120.89
36.56
16.85
20.90
14.95
13.79
30.90
1.47
17.85
58.83
1.74
22.36
84.88
12.86
43.35
53.78
16.55
2.12
23.94
1.95
499.00
76.41
2.42
156.00
36.37
54.18
27.98
206.45
146.96
24.45
44.84
32.50
72.96
76.14
0.20
15.25
13.55
13.27
32.44
27.65
23.16
19.30
15.19
2.58
6.70
66.45
7.42
564.26
49.70
20.55
20.00
13.75
31.19
22.39
12.00
6.47
31.00
4.65
9.93
9.34
9.30
42.55
75.36
7.68
45.00
22.32
15.20
74.72
62.97
27.52
141.32
27.76
69.21
35.50
76.05
11.60
10.02
9.60
1.09
8.52
57.55
8.01
92.09
52.50
49.50
49.20
34.24
23.15
19.90
77.94
8.14
3.05
22.94
10.10
90.34
12.20
58.05
4.70
1.30
75.79
9.79
6.98
8.52
6.91
6.76
50.33
22.32
3.49
27.34
19.65
14.60
8.45
69.51
18.66
7.54
6.84
143.87
20.22
16.29
3.41
2.10
22.55
60.20
102.55
9.55
6.96
16.01
4.27
6.61
21.38
1.19
12.17
50.00
0.97
12.45
67.82
5.60
25.60
45.58
10.84
1.10
11.52
1.02
264.90
49.30
1.04
124.10
31.28
42.56
19.49
131.03
89.49
16.05
32.03
22.61
42.25
51.60
0.05
CONE Midstream
ConsolEnergy
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
CapitolInvIV A
CapitolInvIV Wt
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
CNNX
CNX
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
CIC
CIC.WS
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
7.2
...
1.6
1.2
1.4
3.0
.6
6.6
2.4
...
2.8
12.7
1.0
2.0
.7
...
1.6
.3
1.0
.9
...
1.7
...
.3
...
...
...
3.2
3.4
3.0
.8
...
4.6
1.6
2.4
1.0
...
.2
...
1.8
...
...
...
...
8.7
3.2
...
1.4
...
2.8
2.8
1.5
1.2
...
1.5
...
...
...
4.2
2.3
9.8
5.3
3.4
1.1
1.7
...
...
4.3
...
1.4
...
3.6
...
2.4
...
14.0
...
...
5.8
...
...
.5
.2
11.0
...
12.1
5.7
1.6
3.7
...
4.1
11.2
...
...
...
...
1.0
4.0
...
...
4.0
...
1.9
2.7
...
...
...
...
...
1.2
...
1.9
4.8
1.7
...
.0
.3
...
3.4
9.2
.3
1.8
...
10
dd
37
21
15
12
24
63
dd
17
15
dd
33
16
dd
16
25
15
20
cc
dd
30
dd
7
27
dd
15
57
dd
16
21
...
11
23
22
19
20
57
...
12
dd
...
...
...
14
17
cc
22
20
18
18
29
24
13
19
...
dd
44
dd
95
21
25
cc
83
18
14
8
38
11
5
19
21
3
19
13
27
dd
25
34
dd
dd
51
35
3
dd
8
29
30
34
dd
11
5
35
13
8
2
21
13
3
dd
11
dd
9
16
cc
...
9
dd
54
27
dd
18
22
26
22
22
31
21
16
13
47
14
...
16.72
15.73
16.75
35.80
28.82
26.91
26.20
30.37
3.30
12.30
70.99
7.89
683.98
62.24
28.99
22.05
17.44
51.97
28.62
21.45
16.26
42.90
6.25
14.00
11.72
14.99
46.35
94.19
9.36
47.42
41.03
26.00
89.46
81.00
36.52
175.26
38.76
98.28
45.50
87.15
15.75
10.09
9.72
1.17
8.74
58.55
18.08
109.07
72.68
64.66
65.03
46.60
24.89
22.80
101.21
14.19
3.95
38.00
13.00
136.48
13.52
67.50
5.93
7.45
105.72
10.56
9.26
12.64
8.10
11.26
93.68
29.41
6.02
29.47
28.50
15.48
8.50
102.12
22.84
11.40
14.09
231.12
50.07
17.87
4.14
2.17
27.96
80.45
117.18
16.57
8.02
17.87
10.87
8.31
25.17
1.30
17.76
51.59
1.31
13.18
74.49
9.34
37.95
50.19
15.20
1.39
21.94
1.24
279.45
74.10
1.24
151.35
33.96
44.75
19.94
197.98
125.05
19.45
33.70
24.69
44.03
72.25
.11
–0.18
–0.54
+0.19
–0.74
–2.52
–3.14
–0.45
+0.02
–0.20
–0.20
+1.74
–0.08
–9.87
–1.75
+0.76
–3.19
–0.64
+3.88
+0.83
–0.10
+4.22
–0.10
+0.90
–0.04
+0.01
+0.01
+2.20
+1.70
+0.88
+0.94
–1.67
+4.88
+0.06
+0.73
+0.50
+2.31
+0.98
+0.32
–4.50
–4.45
+0.35
–0.01
–0.03
...
+0.08
–2.83
–1.55
–0.66
–2.51
–0.77
–0.85
–2.66
–0.85
–1.42
+3.23
+0.13
–0.25
–4.70
+0.20
–0.15
+0.46
+1.57
+0.18
–0.05
–0.41
+0.52
–0.31
–0.29
+0.20
+0.60
–2.35
–0.18
+0.11
–1.62
–0.95
–0.89
–0.45
–15.63
+0.42
+2.36
–0.65
–3.89
–2.09
–0.15
+0.40
+0.07
–0.13
+0.45
+2.19
+0.61
+0.39
–0.25
–1.48
+0.26
–0.59
+0.06
+0.18
+0.74
+0.02
–0.70
+0.91
+1.55
–0.69
+0.07
+0.24
+0.18
–0.36
+0.11
+5.92
+4.30
+0.10
+3.08
+0.17
+0.83
–0.20
–3.92
+2.52
+0.10
–0.67
+0.15
+1.07
–1.80
–0.02
.3025
...
.1363
.2225
.10
.20
.04
.50
.02
.94
.50
.25
1.75
.315
.05
...
.071
.04
.07
.05
...
.18
...
.01
...
...
...
.75
.0791
.35
.0732
...
1.0329
.3304
.2149
.4411
...
.085
...
.40
...
...
...
...
.19
.4624
...
.37
...
.45
.45
.18
.075
...
.37
...
...
...
.135
.78
.33
.89
.05
.02
.46
...
...
.539
...
.039
...
.2675
...
.18
...
.54
...
...
.11
...
...
.28
.03
.49
...
.0657
.40
.325
1.08
.07
.0825
.50
...
.45
.3581
...
.174
1.0387
...
...
1.5014
...
.7323
1.3446
...
...
.90
...
...
.215
...
.71
1.6376
.19
...
.04
.08
...
.29
.567
.0375
.32
...
52-Week
High Low Name
39.75
11.93
13.93
3.73
20.98
61.62
6.35
68.40
12.37
15.00
141.76
7.73
23.35
21.90
46.98
44.75
91.85
12.30
45.50
43.29
77.27
16.09
23.48
80.25
50.75
44.68
24.64
63.04
10.51
27.99
11.33
4.75
3.84
11.43
4.24
28.85
19.50
84.40
13.42
41.68
147.77
4.96
18.15
54.22
88.08
219.56
12.45
8.34
27.95
60.30
16.21
26.66
256.39
120.64
44.50
134.25
125.83
35.33
49.30
37.48
120.85
32.33
36.03
9.45
8.18
45.97
16.26
20.88
9.59
16.50
86.67
10.50
14.37
213.83
16.46
14.74
28.30
19.80
29.80
114.97
61.61
24.00
29.37
57.05
103.37
37.80
181.79
120.54
36.93
14.27
29.05
5.86
11.43
1.48
15.40
47.52
3.35
42.20
5.56
9.98
111.77
2.78
14.50
0.42
39.88
30.55
59.44
7.17
33.16
33.31
63.43
12.13
20.27
55.75
26.67
31.33
17.05
48.89
4.29
19.61
7.76
1.87
2.02
7.15
1.76
19.49
15.90
59.72
4.01
32.16
106.73
3.22
13.10
42.27
68.76
144.00
5.35
3.53
20.40
29.08
9.60
20.15
158.73
87.10
31.55
83.34
86.55
19.15
34.59
27.15
64.81
23.11
27.16
5.63
5.07
29.19
10.10
14.24
7.42
13.00
67.62
6.78
8.22
146.03
13.06
6.46
19.85
14.10
23.26
79.38
51.57
14.03
22.83
39.58
79.76
27.00
133.16
82.77
24.83
6.12
CitizensFin
Citizens
CityOfficeREIT
Civeo
CivitasSolutions
CleanHarbors
ClearChannelOutdr
ClearwaterPaper
Cleveland-Cliffs
ClipperRealty
Clorox
CloudPeakEnergy
Cloudera
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
ConEd
ConstBrands A
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
CFG
CIA
CIO
CVEO
CIVI
CLH
CCO
CLW
CLF
CLPR
CLX
CLD
CLDR
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
ED
STZ
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
2.0
...
7.3
...
...
...
...
...
...
3.5
2.5
...
...
...
3.2
2.3
2.5
...
2.6
...
2.2
8.6
3.6
1.6
...
.7
2.6
2.6
...
5.8
...
...
...
...
...
2.4
8.7
4.4
...
2.4
...
...
...
2.0
3.2
1.0
...
...
...
...
...
1.7
.0
...
1.3
2.4
2.1
6.8
...
8.1
3.1
2.0
3.4
.9
6.8
...
1.5
3.1
2.6
6.4
1.6
3.7
2.2
1.8
4.5
3.4
10.3
7.9
10.0
3.7
...
...
3.7
.5
2.4
1.1
2.6
.5
...
11.5
15
61
dd
dd
35
cc
cc
28
12
dd
24
cc
dd
dd
44
25
19
dd
21
26
28
cc
cc
17
...
24
47
24
dd
cc
8
12
14
16
dd
27
dd
16
dd
25
38
...
dd
dd
22
28
33
54
22
dd
dd
18
33
16
9
16
61
15
42
15
63
14
57
41
17
33
dd
dd
cc
dd
37
12
14
14
dd
dd
dd
14
...
94
17
67
44
dd
18
16
17
25
13
27
36.68
7.58
12.87
2.34
18.55
53.60
3.85
43.85
6.00
11.00
132.05
4.24
15.47
.45
46.54
39.50
68.73
7.17
43.80
36.53
73.21
12.57
22.49
74.93
46.60
41.15
18.63
51.38
4.38
27.26
8.90
1.87
2.04
7.30
2.34
27.50
16.55
66.05
6.03
34.80
143.21
3.86
15.81
52.99
87.19
218.67
10.25
5.37
26.60
46.69
9.71
23.33
229.06
120.12
33.60
122.99
105.40
24.61
44.87
36.94
115.98
31.73
32.37
8.17
5.90
31.72
16.15
16.31
9.14
15.55
82.67
7.62
8.97
206.56
16.03
8.58
23.35
15.08
25.15
113.28
59.15
18.65
29.09
53.00
93.35
28.75
168.95
118.23
25.06
7.33
–2.14
+0.02
–0.19
+0.03
–0.15
+0.36
+0.05
–4.60
–0.09
...
+3.94
+0.11
–0.24
–0.08
+0.57
–0.43
+1.68
–0.23
+0.10
–5.80
+3.06
+0.19
+0.35
–4.82
–4.15
–1.10
–0.57
–3.03
–0.02
–0.45
+0.05
–0.22
–0.05
–0.12
–0.03
–0.16
–0.30
+0.30
+0.41
+0.89
+0.36
+0.06
+0.46
+0.03
+0.15
+2.76
–1.30
+1.81
+0.10
+4.32
–0.31
–1.96
–0.21
+3.18
+1.60
–0.79
+3.20
+0.08
–1.95
+1.02
+3.38
+0.06
+0.02
–0.22
–0.15
+0.18
+1.41
+1.95
+0.13
+0.10
–1.70
–1.64
–2.39
–0.76
–0.14
+0.36
–1.60
+0.03
+0.15
+6.77
–1.27
–0.40
+0.93
–0.75
–4.51
–1.90
–4.12
–1.57
–1.55
–0.16
.18
...
.235
...
...
...
.0687
...
...
.095
.84
...
...
...
.37
.2235
.8716
...
1.00
...
.40
.27
.20
.30
...
.075
.12
.34
...
.395
.3626
.4559
.0368
.2696
...
.331
.36
.72
...
.2125
...
...
...
.265
.69
.52
...
...
...
...
...
.10
.03
...
.105
.75
.55
.42
...
.75
.90
.155
.275
.0756
.10
...
.06
.125
.06
.25
.33
.07
.05
3.7843
.7161
.0241
.60
.099
.6275
1.05
...
...
.27
.135
.57
.08
1.08
.15
...
.21
D
42.45
60.74
15.82
6.80
5.20
6.67
62.95
25.96
113.71
58.42
99.00
31.91
93.36
4.40
40.72
95.22
18.65
70.16
22.31
73.45
136.69
36.05
29.16
83.98
104.09
55.75
96.65
75.94
4.29
34.70
29.70
42.96
7.55
1.75
3.44
2.84
48.52
15.14
90.01
50.10
64.06
15.41
76.27
1.25
18.01
69.00
11.51
52.51
9.01
44.00
89.69
21.85
16.88
48.37
60.50
43.81
65.65
63.83
0.91
27.91
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
DellTechnologies
DelphiAutomotive
DeltaAir
DelticTimber
Deluxe
DenburyRscs
Despegar.com
DCP
DCT
DDR
DHX
DHT
DRD
DST
DSW
DTE
DTV
DXC
DAN
DHR
DAC
DQ
DRI
DAR
DVA
DF
DECK
DE
DKL
DK
DVMT
DLPH
DAL
DEL
DLX
DNR
DESP
9.1
2.4
9.4
...
2.0
4.1
1.2
4.1
3.1
5.8
.8
.8
.6
...
...
3.0
...
...
3.8
...
1.8
9.7
2.2
...
1.2
2.5
.4
1.8
...
...
48
54
dd
dd
dd
cc
9
13
21
...
cc
6
27
dd
8
21
42
21
21
68
22
15
17
dd
19
10
cc
17
dd
53
34.33
59.75
8.06
1.90
3.97
3.57
60.18
19.71
112.45
55.83
95.94
30.57
92.24
1.70
39.81
82.64
16.27
55.00
9.53
68.45
132.23
29.45
27.44
82.58
95.29
48.89
93.49
68.31
1.78
28.65
+0.51
+0.54
+0.14
–0.15
–0.04
+0.16
+0.52
+0.82
+1.55
+0.82
+4.49
–0.77
–0.89
+0.20
+0.03
+0.36
–1.22
–4.91
+0.22
+2.34
–2.80
–1.20
–0.23
+1.71
–1.60
–1.51
–0.61
–0.53
+0.46
–1.20
.78
.36
.19
...
.02
.0367
.18
.20
.8825
.8125
.18
.06
.14
...
...
.63
...
...
.09
...
.60
.715
.15
...
.29
.305
.10
.30
...
...
52-Week
High Low Name
19.48
50.69
137.59
22.65
12.08
6.20
62.88
31.85
127.23
83.44
88.00
21.99
74.33
116.10
61.45
85.07
82.13
54.16
34.85
221.58
48.07
48.91
27.08
12.50
42.60
41.12
97.09
1.18
2.45
73.85
99.47
49.41
69.40
4.69
35.58
89.74
30.14
125.57
110.64
17.93
12.84
8.36
85.58
7.41
13.47
28.79
99.46
10.06
9.60
2.74
23.88
17.77
85.63
45.51
36.71
12.25
57.50
95.78
44.99
65.97
69.51
47.26
23.65
153.58
35.47
39.49
18.02
6.20
28.55
33.78
68.10
0.92
1.80
64.01
81.05
29.83
35.85
2.41
24.23
72.34
22.97
100.46
70.33
12.21
5.84
0.11
49.03
6.58
DeutscheBank
DevonEnergy
Diageo
DiamondOffshore
DiamndrckHspty
DianaShipping
Dick's
DieboldNixdorf
DigitalRealty
Dillard's
DineEquity
DiplomatPharmacy
DiscoverFinSvcs
Disney
DolbyLab
DollarGeneral
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
2.95
32.54
114.95
81.77
34.62
12.04
109.37
103.49
7.49
77.70
75.74
31.76
82.99
63.80
17.55
110.98
15.71
21.81
93.61
94.96
17.30
4.61
3.80
82.34
52.36
3.32
134.89
12.30
82.69
82.82
42.80
121.45
12.50
58.70
3.91
9.48
17.00
15.74
27.43
31.07
24.95
24.56
24.45
44.86
67.79
21.98
49.60
45.50
17.36
24.80
26.17
44.52
13.85
4.90
4.55
11.10
6.31
27.74
64.44
60.07
20.05
27.99
10.33
84.74
39.16
20.45
19.59
21.05
16.80
84.98
16.55
10.94
87.85
26.99
30.25
7.15
2.00
18.52
77.60
59.76
26.15
4.10
81.99
60.64
2.23
66.29
49.63
21.45
68.76
48.50
0.77
86.51
7.85
18.15
63.99
73.52
3.53
0.01
0.01
63.94
37.72
1.60
113.50
7.65
55.94
67.44
34.67
81.12
8.11
43.90
1.17
5.90
14.76
12.29
19.74
21.12
17.58
18.67
5.65
25.96
53.92
19.18
32.45
23.72
13.75
13.42
13.87
36.33
8.01
1.94
2.75
7.67
4.25
18.35
46.16
40.64
15.03
16.06
6.26
61.33
25.70
15.05
14.43
15.20
9.74
58.80
9.45
10.45
66.73
22.31
23.84
4.90
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
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
EntercomCommsWi
Entergy
EntergyBds
EnterpriseProd
Entravision
Tick
Div
Sym Yld P/E Last Chg. Amt.
DB
DVN
DEO
DO
DRH
DSX
DKS
DBD
DLR
DDS
DIN
DPLO
DFS
DIS
DLB
DG
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
1.1
.6
3.0
...
4.4
...
2.5
2.2
3.1
.7
8.3
...
2.2
1.5
1.1
1.2
3.8
6.5
3.9
1.1
3.6
1.6
...
...
2.4
2.3
2.0
...
4.2
...
2.7
.9
...
...
...
4.0
2.8
1.8
...
12.8
...
...
8.5
10.4
dd
14
25
19
25
dd
10
dd
99
15
dd
cc
11
19
31
19
24
...
22
33
16
27
19
dd
30
75
22
dd
19
38
22
35
dd
dd
22
29
39
22
18
13
dd
...
...
5
17.94
40.41
136.01
17.38
11.35
4.35
26.85
18.15
120.85
57.27
46.63
19.66
64.76
104.78
60.65
84.15
80.81
52.28
30.95
173.33
45.59
46.28
18.64
7.97
39.80
40.13
93.79
.93
1.90
69.97
86.32
35.61
46.25
4.07
25.81
88.89
28.96
114.62
91.02
13.23
12.03
.19
81.88
6.92
+1.12
+1.14
+0.20
+0.95
+0.40
+0.41
+2.37
–0.20
+1.79
+5.74
–0.73
–1.18
–2.68
+6.14
+1.67
+2.28
+0.14
+0.41
–0.75
–4.61
–1.62
–1.49
–0.75
+0.13
–2.20
+0.34
–2.13
–0.09
–0.20
–1.19
+0.70
–1.14
+2.10
+0.26
–3.30
+0.37
+0.14
+0.64
+1.98
+0.32
–0.34
–0.03
–0.46
–0.10
.2024
.06
2.0188
...
.125
...
.17
.10
.93
.10
.97
...
.35
.78
.16
.26
.77
.8438
.3025
.46
.415
.18
...
...
.24
.23
.47
...
.08
.38
.58
.3139
...
...
...
.89
.20
.5025
...
.4225
...
...
1.75
.18
12.2
...
...
.4
5.7
.6
.6
...
...
6.0
.2
3.4
5.5
.6
...
.4
...
5.1
2.8
2.2
...
...
...
2.0
2.4
...
1.1
...
...
2.7
4.3
...
...
2.3
...
...
10.8
12.6
2.7
2.7
...
1.3
...
...
3.1
2.1
1.3
...
8.2
...
9.8
5.2
.5
...
1.5
3.4
...
7.3
...
2.5
6.8
13.7
1.0
1.0
...
6.4
10.0
4.1
...
1.1
3.4
...
4.2
5.3
6.8
3.5
7
51
58
22
33
dd
cc
44
dd
20
cc
28
14
29
0
24
dd
cc
38
13
7
...
...
12
22
dd
29
35
cc
18
80
30
53
24
7
...
17
12
25
28
9
dd
dd
23
28
52
15
86
18
dd
23
24
15
cc
10
29
12
14
dd
14
21
8
3
18
33
cc
dd
17
15
4
41
...
dd
...
20
3
2.40
19.05
86.90
79.04
33.69
6.25
104.58
102.80
2.73
68.56
65.18
26.73
70.89
57.55
.87
103.59
9.11
20.58
91.49
90.75
3.75
.01
.01
77.92
50.96
2.61
130.30
12.04
57.31
80.06
36.44
103.85
10.97
57.75
1.21
7.17
15.20
12.74
26.47
29.22
19.12
22.31
8.86
40.86
61.61
20.47
47.90
42.71
15.50
13.52
14.31
36.48
12.65
2.15
2.95
10.30
5.69
26.12
56.82
43.75
17.47
16.54
9.84
67.09
27.16
16.00
15.61
19.55
14.15
82.49
10.70
10.46
85.13
25.83
25.00
5.75
...
–1.57
–0.09
–2.21
+0.28
+0.77
+0.08
+3.13
+0.15
–0.94
+2.40
–0.64
–1.32
–1.60
–0.56
–0.37
+0.28
+0.17
–0.43
–0.57
–1.35
–0.03
–0.02
–0.18
–0.11
+0.20
–1.08
+0.82
–3.51
+0.54
+0.76
+1.13
–0.10
+0.15
–0.04
–0.54
–0.15
–0.29
+0.14
–0.53
–0.74
–0.13
+1.24
–2.17
–2.49
+0.45
–0.70
–1.64
+0.05
–0.54
–0.59
–0.21
+0.32
+0.08
–0.05
–0.52
–0.11
+0.13
+2.55
+1.77
–0.32
–0.97
+0.29
–1.66
–0.77
+0.40
+0.28
+0.25
–0.60
–1.93
...
–0.28
–1.87
+0.06
...
+0.65
.073
...
...
.08
.9588
.01
.1675
...
...
.34
.03
.228
.98
.08
...
.10
...
.26
.64
.51
...
...
...
.60
.31
...
.37
.1557
...
.5425
.39
...
...
.335
.0153
...
.41
.40
.1795
.1975
.0502
.07
...
...
.485
.105
.15
...
.318
...
.35
.4753
.015
...
1.15
.177
.1835
.9591
...
.275
.295
.565
.008
.175
...
.255
.39
.20
...
.22
.09
...
.89
.3438
.4225
.05
E
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
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
ETM.W
ETR
ENO
EPD
EVC
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
55.15
74.75
31.95
12.04
147.02
32.51
90.80
70.46
3.00
17.73
18.10
45.10
270.04
125.29
102.70
38.80
8.65
83.30
277.17
8.99
65.01
19.52
27.50
21.20
41.56
14.39
20.95
34.05
87.31
93.22
30.80
24.45
24.45
6.27
89.59
28.33
65.87
58.28
1.72
8.00
6.65
25.84
208.92
75.30
69.35
26.45
6.65
60.00
206.60
2.08
50.56
13.15
10.35
19.10
29.82
5.28
14.75
16.17
68.09
76.05
Envestnet
EnvisionHlthcr
EnvivaPartners
EnzoBiochem
Equifax
EquityCommnwlth
EquityLife
EquityResdntl
EquusTotReturn
EraGroup
ErosIntl
EssentGroup
EssexProp
EsteeLauder
EsterlineTechs
EthanAllen
Euronav
EvercoreA
EverestRe
Everi
EversourceEner
Evertec
EvolentHealth
EvoquaWater
Exelon
Express
ExtendedStayAmer
Exterran
ExtraSpaceSt
ExxonMobil
ENV
EVHC
EVA
ENZ
EFX
EQC
ELS
EQR
EQS
ERA
EROS
ESNT
ESS
EL
ESL
ETH
EURN
EVR
RE
EVRI
ES
EVTC
EVH
AQUA
EXC
EXPR
STAY
EXTN
EXR
XOM
41.97
82.60
50.33
95.08
16.43
47.12
49.63
196.57
155.24
13.12
5.03
11.97
77.00
77.78
145.80
23.64
31.82
231.35
121.14
8.83
24.84
18.33
17.21
31.38
38.76
18.48
96.67
69.80
1.74
56.40
7.05
14.76
19.23
20.84
31.91
10.92
105.52
65.60
33.99
9.75
15.70
6.15
16.74
38.26
183.61
47.00
14.51
21.00
52.10
58.37
14.65
103.82
79.43
13.27
8.33
26.30
18.45
38.06
74.38
8.05
18.98
6.92
68.82
26.25
17.91
26.39
10.73
85.03
13.57
22.45
44.30
47.65
17.06
50.22
66.86
8.05
58.74
16.58
21.86
59.75
39.05
52.24
12.02
31.65
28.60
155.09
110.18
2.47
2.46
8.06
50.60
47.05
119.37
13.07
24.93
182.11
52.72
4.22
13.55
6.87
7.98
22.85
22.84
11.55
73.97
27.58
0.80
35.28
4.61
10.81
13.96
15.84
25.04
5.92
80.55
39.80
27.93
4.90
8.12
3.80
12.00
25.06
121.52
29.37
4.14
15.27
37.51
37.04
11.91
73.45
28.42
10.47
3.53
17.84
15.61
29.14
52.99
4.76
13.02
4.06
53.15
10.05
11.03
17.53
9.27
53.31
6.04
15.20
30.30
36.88
11.05
38.05
43.02
4.87
45.82
11.58
FB Financial
FBL Financial
FCB Financial
FMC
FNB
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
FirstRepBank
FirstCash
FirstEnergy
Fitbit
500.com
FiveOaksInvt
FivePoint
Flagstar
FleetCorTech
Floor&Decor
FlotekIndustries
FlowersFoods
Flowserve
Fluor
FlyLeasing
FomentoEconMex
FootLocker
FordMotor
ForesightEnergy
ForestCIty A
Forestar
Fortis g
Fortive
FortressInvt
FortressTransport
FortunaSilver
FortBrandsHome
ForumEnergyTech
FdnBuilding
FourCornersProp
FourSeasonsEduc
Franco-Nevada
Frank'sIntl
FranklinCovey
FranklinFin
FranklinRscs
Freeport-McMoRan
FreseniusMed
FreshDelMonte
Frontline
FullerHB
FutureFuel
FBK
FFG
FCB
FMC
FNB
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
FRC
FCFS
FE
FIT
WBAI
OAKS
FPH
FBC
FLT
FND
FTK
FLO
FLS
FLR
FLY
FMX
FL
F
FELP
FCE.A
FOR
FTS
FTV
FIG
FTAI
FSM
FBHS
FET
FBM
FCPT
FEDU
FNV
FI
FC
FSB
BEN
FCX
FMS
FDP
FRO
FUL
FF
8.75
33.55
66.30
34.23
34.32
27.10
36.99
15.50
5.56
27.55
48.69
25.25
19.67
18.83
23.36
5.61
GAIN Capital
GAMCO Investors
GATX
GCPAppliedTechs
GEO Group
GGP
GMS
GNC Holdings
GCAP
GBL
GATX
GCP
GEO
GGP
GMS
GNC
...
...
8.5
...
1.4
...
2.2
2.9
...
...
...
...
2.7
1.2
...
2.8
1.4
2.0
2.2
...
3.0
...
...
...
3.2
...
5.0
...
3.6
3.7
dd
dd
cc
dd
23
69
43
61
20
dd
dd
14
32
34
18
24
39
19
37
dd
21
15
dd
...
19
31
43
dd
33
27
51.45
24.95
29.05
9.53
108.74
30.37
89.42
69.25
2.34
11.05
12.85
41.58
256.38
124.61
70.60
27.55
8.40
80.80
231.14
8.54
64.07
13.35
11.15
20.68
41.30
7.08
16.81
31.60
86.00
82.94
–1.40
–2.09
–0.30
–0.46
+0.04
+0.30
–0.48
+1.04
–0.07
...
+0.15
+1.11
+2.40
+2.90
–24.40
–1.25
+0.20
+2.40
+3.30
+0.16
+0.53
–1.50
–2.10
+0.36
+0.36
+0.34
–3.10
–0.30
+0.96
–0.24
...
...
.615
...
.39
...
.4875
.5038
...
...
...
...
1.75
.38
...
.19
.06
.40
1.25
...
.475
.10
...
...
.3275
...
.21
...
.78
.77
...
2.4
...
.7
3.7
...
...
1.1
.1
...
...
5.7
2.2
2.1
3.0
1.3
3.3
.9
...
8.3
...
...
...
.8
2.8
...
1.3
...
...
2.8
...
2.3
...
2.0
2.7
...
.8
1.3
4.3
...
...
14.4
...
...
...
...
...
3.6
1.9
1.8
...
1.6
4.1
5.0
5.8
2.2
...
3.6
.4
4.6
7.3
...
1.1
...
...
3.8
...
1.1
4.4
...
...
1.9
...
1.1
1.3
10.0
1.1
1.7
27
16
15
cc
17
34
12
30
42
dd
dd
cc
9
9
42
29
14
21
37
dd
cc
8
37
9
17
8
57
cc
dd
21
16
19
22
16
30
cc
21
27
dd
dd
dd
10
...
15
31
...
dd
25
48
33
dd
12
7
11
dd
75
7
20
27
10
dd
17
22
dd
dd
18
68
cc
dd
dd
13
14
20
22
17
30
26
18
39.02
71.85
45.60
93.22
12.91
42.20
31.11
196.21
154.68
4.66
4.49
9.00
66.62
67.77
132.01
20.82
30.69
218.15
109.56
4.82
23.82
17.27
15.34
31.20
38.55
17.25
92.76
68.86
1.21
54.25
4.77
13.78
17.07
18.05
31.57
6.63
90.22
63.40
33.88
5.93
10.19
4.16
13.74
34.87
180.55
39.94
4.82
18.70
39.13
47.04
13.72
86.03
30.34
12.01
4.20
24.92
18.00
37.70
72.65
7.77
18.09
4.08
63.97
14.25
13.95
25.82
10.00
83.98
6.86
20.75
32.15
41.13
14.41
48.42
46.49
5.99
53.66
14.40
–1.65
–0.95
–2.50
+2.11
–0.60
+0.75
–1.14
+5.58
+2.13
+0.06
–0.39
+0.45
–8.88
–8.52
+5.45
–1.30
–0.86
–6.09
–7.87
+0.10
–0.59
–0.88
–0.82
+0.25
+0.57
–0.35
–0.42
+0.57
+0.21
–0.43
–0.38
–0.68
–0.06
–0.81
+0.02
+0.17
–4.23
–1.10
+1.13
–0.09
...
+0.12
+1.11
–1.85
+1.75
–1.35
–0.06
+0.36
–0.12
+0.18
–0.03
+0.25
+0.49
–0.35
–0.04
+0.02
+1.25
+0.48
–0.99
–0.10
–0.42
–0.11
–0.20
+0.31
+0.52
+0.44
+0.50
+4.37
–0.20
+1.30
–1.65
–1.66
+0.26
+0.10
–0.01
–0.34
–2.09
–0.68
...
.44
...
.165
.12
...
...
.56
.02
...
...
.1275
.36
.36
1.00
.07
.25
.50
.6794
.10
...
...
.2101
.065
.27
...
.29
...
...
.38
...
.08
...
.09
.21
...
.17
.20
.36
...
...
.05
...
...
...
...
...
.17
.19
.21
...
.6743
.31
.15
.0605
.14
...
.3396
.07
.09
.33
...
.18
...
...
.2425
...
.23
.075
...
...
.20
...
.5303
.15
.15
.15
.06
3.3
.3
2.9
...
7.1
4.0
...
13.7
24
9
12
dd
22
31
26
dd
7.19
28.46
58.92
28.30
26.58
22.20
34.21
5.83
+0.22
–0.60
+0.21
–1.25
+0.92
+3.10
+0.18
–0.87
.06
.02
.42
...
.47
.22
...
.20
F
G
52-Week
High Low Name
24.90
31.25
37.50
0.09
0.50
23.01
64.45
26.85
10.30
30.74
30.66
130.02
19.20
25.45
10.69
14.99
6.16
53.78
23.05
214.81
32.38
64.06
46.76
28.76
72.00
80.73
37.88
4.75
8.31
31.93
100.90
4.46
9.97
4.39
29.89
61.25
32.15
25.59
52.49
44.54
39.85
10.25
25.25
21.95
104.83
4.50
47.51
35.96
49.36
4.70
17.87
25.60
255.15
34.45
77.37
134.11
25.00
615.85
262.71
31.26
8.60
67.20
19.30
41.75
15.85
16.70
14.05
15.40
33.94
45.62
65.88
52.75
32.45
63.04
74.35
27.15
83.18
63.16
119.87
229.45
9.38
10.82
27.25
27.37
33.18
17.54
83.47
5.77
22.70
22.70
0.04
0.24
5.92
48.97
16.22
7.36
21.02
19.91
90.37
12.75
19.55
8.32
6.37
3.55
33.77
14.95
164.09
19.63
49.65
31.92
14.04
20.90
61.44
22.71
0.84
5.02
23.16
79.86
3.12
4.04
2.60
22.08
28.50
23.55
16.53
28.72
35.08
26.40
7.04
20.71
15.20
64.63
0.97
30.90
20.52
32.00
2.60
11.91
21.00
198.25
23.55
63.37
78.60
17.62
467.20
155.00
24.30
2.16
45.14
17.02
30.74
12.00
8.45
7.90
12.61
25.85
33.27
22.19
34.15
13.80
50.70
54.70
17.65
51.62
32.43
72.52
131.72
7.18
6.73
11.98
19.69
24.43
9.56
49.18
GOLLinhas
GP Strategies
GTT Comm
GabelliEquityRt
GabelliGlbSmRt
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
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
91.03
50.93
33.67
7.27
100.26
44.90
56.94
22.31
20.17
50.86
55.10
11.29
3.77
58.78
50.99
41.00
26.05
25.28
107.16
63.40
2.99
141.97
22.00
1.85
57.16
51.51
27.23
27.10
36.81
36.25
33.00
49.99
6.78
68.02
27.11
25.09
4.22
59.00
25.79
31.16
14.40
14.07
38.82
36.44
3.69
0.30
38.18
33.16
29.00
18.91
18.02
79.23
44.52
1.56
99.13
11.40
0.73
46.05
39.39
20.90
21.20
28.92
27.51
27.18
38.24
4.03
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
GOL
GPX
GTT
GAB.R
GGZ.R
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
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
...
...
...
...
...
...
2.4
9.3
6.3
3.4
...
...
3.0
8.9
4.2
...
...
...
3.6
1.7
4.7
3.7
3.6
...
...
...
8.8
...
5.5
.8
3.2
...
...
1.2
4.6
...
1.2
2.6
...
5.7
.7
8.6
9.9
10.6
.0
...
...
...
...
1.6
.6
8.2
1.2
1.7
1.2
1.1
2.0
.9
2.5
5.2
...
.8
...
5.3
2.0
...
...
8.2
3.3
2.1
...
1.9
1.1
3.2
4.3
1.2
1.3
...
3.2
...
4.8
2.0
...
.5
2.0
5.5
...
dd
20
dd
...
...
dd
26
5
26
13
...
dd
54
10
2
dd
dd
26
dd
20
25
19
10
...
7
35
32
dd
dd
23
19
5
dd
dd
24
dd
18
cc
dd
29
14
dd
44
dd
...
dd
41
33
dd
20
22
20
13
34
33
70
39
25
24
97
8
49
...
16
29
9
7
10
32
16
46
13
26
33
27
26
13
93
20
22
13
12
15
50
30
cc
cc
20.50
25.05
37.40
.06
.25
8.94
64.08
16.43
10.18
27.23
28.76
117.48
18.80
23.35
9.34
11.20
4.77
49.84
20.10
199.77
20.49
53.28
42.66
24.87
25.25
74.04
22.76
.96
5.47
31.18
85.45
3.57
9.83
3.10
28.12
38.65
30.24
19.80
30.09
35.30
34.30
9.28
21.43
17.45
98.85
1.28
35.94
35.94
48.15
3.96
13.25
22.08
240.15
30.20
71.11
130.17
18.20
558.65
203.48
29.03
3.70
63.47
17.78
39.32
15.25
15.40
13.30
14.64
33.16
38.28
63.80
48.30
18.95
52.39
58.75
20.75
79.63
63.10
92.13
173.50
8.33
8.15
24.80
19.70
29.09
16.48
80.31
+0.50
–2.20
+2.10
...
–0.08
+0.11
+0.39
–1.67
+0.41
+0.85
+0.18
–1.18
+0.55
+0.30
–0.09
–0.33
+0.02
–0.36
–0.50
–4.29
+0.35
+1.94
+0.32
–0.05
+0.75
+0.84
–0.70
+0.01
–0.11
+0.94
–2.35
+0.14
+1.10
–0.10
+0.21
–0.90
+1.29
–0.97
–5.92
–0.85
+1.65
+0.48
–0.37
–0.15
–4.76
–0.15
–0.66
+4.58
+1.29
...
+0.15
–0.01
–4.25
–1.35
–4.21
–1.94
–0.71
+10.65
+3.47
+0.02
–1.30
–0.71
–0.05
+0.11
–0.50
+0.05
+0.30
+0.65
–0.12
–2.51
+7.22
–3.80
+1.30
–2.83
–3.15
–1.15
–0.73
+0.91
–3.08
–8.65
–0.11
–0.21
–1.10
–1.03
+0.64
–0.15
–0.65
...
...
...
...
...
...
.39
.38
.16
.23
...
...
.14
.5175
.0989
...
...
...
.18
.84
.24
.49
.38
...
...
...
.50
...
.075
.06
.675
...
...
.0092
.32
...
.0935
.13
...
.5037
.06
.20
.1775
.4625
.01
...
...
...
...
.0309
.02
.45
.75
.125
.21
.36
.09
1.27
1.28
.375
...
.13
.32
.174
.075
...
...
.30
.275
.20
...
.23
.05
.42
.63
.06
.25
...
1.4942
3.3116
.0334
.1669
.0012
.0939
.5868
.225
...
...
4.2
5.5
...
.5
...
3.4
2.5
...
4.1
...
...
...
1.6
...
...
3.1
5.6
1.9
3.1
2.9
1.6
...
...
1.8
...
2.5
2.4
3.4
3.7
4.0
2.1
.2
11
dd
19
dd
...
20
22
15
24
74
cc
1
...
cc
38
...
12
38
38
15
49
31
57
dd
42
...
17
18
22
31
cc
18
64
78.68
33.03
27.01
5.04
94.02
43.86
33.37
21.23
15.16
48.72
54.52
6.78
.45
44.58
45.45
30.80
19.29
23.52
106.47
47.30
1.83
138.76
17.65
1.04
55.52
50.25
23.80
23.55
36.23
32.63
30.58
48.50
4.04
+2.25
+0.57
–0.13
–0.18
–0.19
–0.27
–0.37
–0.24
+0.05
+0.37
+7.40
–0.10
–0.24
+1.35
–1.88
–5.45
–0.07
–0.50
+2.66
+0.26
+0.06
–0.65
–3.45
–0.03
–0.32
–0.41
–0.70
–1.40
–0.23
+0.24
+0.50
+0.56
–0.41
...
.35
.37
...
.514
1.57
.285
.1327
...
.50
...
...
...
.18
...
.085
.15
.33
.50
.365
.0263
.57
...
...
.25
...
.15
.1425
.31
.30
.305
.25
.0025
H
HCA
HCI
HCP
HCHC
HDB
HF
HNI
HPQ
HRG
HSBC
HAE
HK
HK.WS
HAL
HYH
HBB
HBI
HASI
THG
HOG
HMY
HRS
HSC
HHS
HIG
HIG.WS
HVT
HVT.A
HE
HR
HTA
HLS
HL
November 13, 2017
BARRON’S
M19
New York Stock Exchange Composite List
93.00
78.70
11.87
85.78
79.64
57.64
15.68
17.31
22.14
116.49
28.96
65.56
26.78
15.12
63.93
23.30
53.34
5.70
84.65
40.35
30.60
42.22
73.76
20.65
38.09
42.50
167.94
33.75
147.51
45.85
26.37
37.97
9.07
46.80
20.23
44.15
2.98
131.39
31.85
127.34
88.50
9.35
1.04
36.75
2.50
264.56
253.44
32.59
70.95
93.90
57.17
49.40
4.82
42.16
47.62
33.27
11.64
8.85
17.15
95.68
8.52
37.25
18.34
12.70
46.95
7.25
45.92
3.55
52.58
32.25
21.47
24.60
48.07
17.30
30.10
23.46
122.92
27.05
111.78
33.85
11.80
29.75
1.51
27.15
15.99
23.63
1.66
104.63
23.70
109.27
44.90
4.60
0.07
31.53
1.55
186.25
169.87
17.98
50.21
53.50
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
HornbeckOffshore
DR Horton
HostHotels
HoulihanLokey
Hovnanian
HowardHughes
HuanengPower
Hubbell
HubSpot
HudbayMinerals g
HudbayMineralsWt
HudsonPacProp
HugotonRoyalty
Humana
HuntingtonIngalls
Huntsman
HyattHotels
HysterYaleMatls
9.85
95.57
23.13
19.01
37.75
14.90
30.69
53.00
7.25
129.40
159.36
35.30
7.30
29.15
10.63
67.61
16.15
23.22
96.23
76.00
132.20
20.52
51.78
106.95
70.25
36.00
55.20
7.47
71.24
57.80
182.79
153.97
32.07
58.96
23.43
25.71
56.85
4.63
32.58
17.95
18.02
23.96
7.28
11.88
23.89
41.17
4.95
12.83
14.89
14.59
12.30
37.75
37.32
14.40
7.70
102.42
63.36
31.70
63.42
15.21
17.28
36.70
24.89
30.50
115.20
144.35
46.17
4.91
146.96
5.10
6.69
74.27
12.03
13.16
28.75
3.20
16.13
36.93
3.16
88.29
120.06
17.58
2.72
16.55
8.06
45.32
13.42
16.00
74.02
46.66
113.07
14.50
33.00
69.20
37.05
18.30
24.70
2.52
53.91
40.53
139.13
113.16
17.25
45.19
9.00
18.46
32.21
1.10
11.80
9.90
14.15
17.75
5.60
5.76
19.80
30.75
3.70
10.95
11.47
9.10
9.00
30.01
24.95
4.74
5.20
75.77
33.50
20.32
49.31
10.96
13.55
30.24
17.98
12.72
80.55
109.32
36.48
0.85
92.26
2.00
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
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
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
HOS
DHI
HST
HLI
HOV
HHC
HNP
HUBB
HUBS
HBM
HBM.WS
HPP
HGT
HUM
HII
HUN
H
HY
.2
.2
...
4.8
...
...
9.2
1.4
6.3
2.4
...
2.1
6.1
2.2
.8
.0
3.4
...
.9
2.1
1.1
...
.8
9.5
7.9
3.1
2.2
...
2.0
2.4
...
2.1
...
1.1
4.0
1.9
...
...
6.0
2.5
...
.2
...
2.8
4.8
.7
1.2
1.6
...
1.5
44
37
dd
dd
15
dd
15
cc
8
32
dd
dd
...
cc
22
33
35
dd
38
20
14
22
cc
9
21
22
24
10
22
30
dd
20
dd
17
25
20
dd
83
31
24
dd
cc
...
86
15
19
18
15
42
21
90.44
76.20
7.25
58.15
65.49
54.69
13.47
17.15
17.65
108.60
19.56
47.11
20.28
13.70
60.42
10.55
51.74
5.35
76.18
38.85
22.27
40.56
72.69
18.15
32.75
42.05
164.11
32.93
145.75
45.75
14.02
32.33
4.32
46.00
19.99
41.78
2.34
121.02
28.10
122.60
80.40
7.95
.27
35.12
1.70
244.39
240.66
31.06
69.83
80.93
–0.43
–0.60
+0.10
+3.24
–2.92
+6.73
+0.07
+0.62
+0.15
+2.68
–4.68
+1.65
+0.24
+0.20
–1.13
+0.25
+0.56
+0.25
–1.32
–1.10
–1.22
–0.19
–0.47
–0.15
–1.26
+1.91
–0.28
+0.06
+0.78
+1.55
–0.66
+1.01
+0.25
+1.68
+0.36
+0.35
+0.03
–5.48
+1.58
–2.52
–3.20
+0.25
+0.01
+0.84
+0.02
–12.30
+5.59
–0.66
+2.47
–9.08
.08
.08
...
.70
...
...
.31
.06
.28
.656
...
.25
.3107
.075
.125
.00
.44
...
.18
.205
.06
...
.15
.43
.645
.33
.89
...
.745
.275
...
.17
...
.125
.20
.20
...
...
1.6762
.77
...
.008
...
.25
.0069
.40
.72
.125
...
.3025
.8
2.5
5.9
3.1
3.3
...
9.9
1.0
...
1.2
2.0
...
...
.4
6.9
1.5
2.7
4.7
2.1
...
1.8
3.1
...
1.1
...
...
...
...
1.2
...
4.0
1.9
3.4
3.5
...
3.8
...
...
...
.3
9.8
1.5
4.8
...
1.3
5.8
4.3
...
.0
.4
...
...
...
...
6.3
2.3
...
1.1
1.0
...
3.5
...
6.9
...
.4
2.4
2.7
...
.5
...
22
24
34
...
15
dd
8
22
5
33
24
cc
dd
15
dd
13
16
18
21
33
19
...
dd
29
48
dd
73
1
25
26
12
28
dd
25
dd
13
90
dd
dd
dd
4
dd
dd
dd
...
52
6
dd
92
11
32
...
12
...
dd
14
...
41
32
dd
29
cc
14
10
41
24
22
dd
20
23
9.61
95.17
12.99
18.21
35.15
13.70
27.81
51.02
5.91
128.02
157.14
23.55
3.89
28.20
10.47
58.37
15.01
21.24
84.96
73.88
130.30
19.59
40.86
106.20
62.85
33.50
45.85
3.96
66.27
56.78
149.16
146.77
23.80
54.85
18.98
18.79
56.65
3.88
11.81
17.45
16.71
18.77
5.89
8.62
23.73
40.66
4.09
11.31
13.47
12.69
9.85
32.66
35.89
5.09
5.68
97.51
56.69
28.61
60.03
14.93
15.99
36.42
20.31
28.41
109.20
139.56
36.93
1.14
145.76
2.94
+0.05
+2.46
+0.15
–0.07
–0.90
–0.10
–2.19
–0.30
+0.30
+0.21
–0.16
–0.55
+0.46
+0.30
+0.08
–0.28
+0.38
–1.09
–1.29
–1.61
+0.31
–0.04
+0.86
+5.75
–2.00
–1.15
–0.60
+0.32
+0.03
–0.37
–2.42
–1.54
–0.27
–2.27
–1.74
–0.14
+1.16
–0.12
–4.62
+2.40
–0.29
–0.43
+0.02
+0.31
+0.89
+0.54
–0.11
+0.11
–0.19
+0.04
–0.50
+1.11
–0.16
+0.02
+0.28
–3.90
–3.40
+0.59
+0.74
+0.11
+1.08
+1.62
+0.19
+1.97
+1.00
–0.52
–3.75
–0.22
+12.26
–0.12
.077
.59
.19
.2825
.29
...
1.3719
.128
...
.37
.78
...
...
.06
.06
.43
.2005
.25
.45
...
.60
.15
...
.30
...
...
...
...
.20
.33
1.50
.69
.20
.475
...
.18
...
...
...
.0125
.41
.07
.07
...
.08
.5875
.044
...
.0027
.0047
...
.225
...
...
.03
.56
...
.08
.15
...
.28
.32
.35
...
.10
.84
.25
...
.37
...
IJ
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
JAX
JBGS
JELD
JILL
JMP
JPM
JPM.WS
JBL
JEC
JAG
JHX
JHG
JCAP
JKS
JBT
JNJ
JCI
JONE
JLL
JMEI
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
30.96 23.87 JuniperNetworks JNPR 1.6 15 25.00 +0.45 .10
29.00 7.36 JupaiHoldings
JP ... 15 22.76 +0.06 .50
6.35 4.64 JustEnergy g
JE 8.5 9 4.68 –0.88 .0999
K
49.38
54.36
28.56
21.25
20.77
0.67
23.99
61.10
18.82
21.18
114.00
7.10
57.11
109.13
24.98
20.46
22.93
76.69
27.35
68.13
48.89
23.00
19.55
38.00
19.53
45.65
78.33
20.89
136.21
26.63
23.01
11.90
6.50
4.91
74.50
15.19
25.44
44.45
28.40
24.67
19.90
59.67
42.35
51.80
21.59
42.34
8.62
51.23
36.44
27.92
71.72
38.39
34.36
15.01
13.36
14.07
0.28
19.57
29.13
13.43
13.01
56.15
2.05
45.50
79.05
19.10
14.81
12.42
58.76
3.96
36.35
31.12
17.95
8.81
9.11
15.62
33.78
67.00
15.06
109.67
17.02
17.59
5.50
5.30
2.88
59.25
4.74
17.60
26.68
16.57
20.60
14.11
35.16
28.19
33.90
16.51
22.46
4.39
25.09
19.69
10.02
47.08
KAR Auction
KB Fin
KB Home
KBR
KKR
KKRIncomeOppsRt
KKR RealEstFin
KMG Chem
KT
K12
Kadant
Kadmon
Kaman
KSCitySouthern
KapStonePaper
KayneAnderson
Keane
Kellogg
Kemet
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
15.06
75.50
129.20
17.05
44.16
11.71
30.74
52.85
192.00
18.53
34.10
164.22
15.53
52.47
27.90
16.47
68.41
31.87
48.86
9.35
178.81
3.65
42.08
54.97
64.20
5.02
6.79
59.32
50.75
201.40
27.34
11.42
44.89
89.56
3.20
89.09
77.46
74.13
95.04
33.68
32.08
123.50
45.72
3.87
322.19
49.99
22.33
29.44
86.25
4.50
41.33
13.84
67.85
64.85
107.83
173.72
99.00
11.65
37.45
29.92
8.90
11.35
8.07
35.00
86.25
11.26
30.90
5.55
13.74
43.91
143.54
10.68
23.15
123.36
12.83
28.75
14.90
9.57
51.35
25.44
37.37
6.05
117.53
1.75
29.71
43.17
45.56
1.28
4.20
40.24
32.11
144.15
20.17
9.00
36.22
69.00
1.61
64.18
58.14
52.72
72.85
24.27
22.50
80.88
26.41
2.86
245.50
42.99
21.00
17.50
65.12
2.36
14.99
9.63
40.15
45.45
78.01
132.70
59.00
6.04
23.61
25.14
7.24
7.15
LATAMAirlines
L Brands
LCI Inds
LG Display
LINE
LSB Inds
LSC Comm
LTC Properties
L3 Tech
LaQuinta
La-Z-Boy
LabCpAm
LadderCapital
LambWeston
Lannett
LaredoPetrol
LasVegasSands
LaSalleHotel
Lazard
Leaf
Lear
LeeEnterprises
LeggMason
Leggett&Platt
Leidos
LejuHoldings
LendingClub
Lennar A
Lennar B
LennoxIntl
LeucadiaNatl
LexingtonRealty
LibertyProperty
LifeStorage
LightInTheBox
EliLilly
LincolnNational
LincolnNatlWt
Lindsay
LionsGate A
LionsGate B
LithiaMotors
LiveNationEnt
LloydsBanking
LockheedMartin
Loews
LomaNegra
LouisianaPacific
Lowe's
Luby's
LumberLiqu
Luxfer
Luxoft
Lydall
LyondellBasell
M&T Bank
M&TBankWt
MBIA
MDC Holdings
MDU Rscs
MFA Financial
MFC Bancorp
KAR
KB
KBH
KBR
KKR
KIO.R
KREF
KMG
KT
LRN
KAI
KDMN
KAMN
KSU
KS
KED
FRAC
K
KEM
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
2.9
...
.4
1.5
3.5
...
7.4
.2
...
...
.8
...
1.4
1.4
1.9
10.7
...
3.3
...
1.4
1.8
4.0
...
...
2.2
...
2.3
7.3
3.4
5.8
2.8
6.4
...
...
...
.2
6.3
...
3.0
10.0
...
5.1
2.3
...
...
1.0
...
...
2.3
2.3
...
29
9
20
40
10
...
...
28
11
cc
30
dd
31
21
28
dd
dd
29
3
30
33
cc
dd
2
15
34
49
...
19
38
32
dd
dd
43
30
29
dd
54
14
...
cc
11
23
21
4
22
dd
64
13
9
22
48.49
51.19
28.11
20.86
19.26
.35
19.92
52.95
14.33
15.70
101.85
3.56
56.56
104.80
21.04
15.02
15.47
64.70
15.44
66.60
44.06
19.00
17.39
10.24
17.64
44.56
74.85
16.92
114.14
19.15
17.67
7.50
5.53
4.30
62.80
14.40
19.34
38.38
20.01
20.90
16.46
43.04
39.03
47.60
17.31
41.73
8.37
48.44
22.08
26.22
69.61
–0.02
–2.36
+0.99
+0.58
–0.76
+0.01
–0.44
–1.63
+0.25
–0.38
–4.50
–0.03
+0.14
–0.06
–1.84
–0.48
+0.65
+2.74
–1.10
+2.30
–2.72
–0.25
+0.89
–0.24
–0.87
–0.22
+2.21
...
+3.35
+0.58
–0.07
+1.60
–0.02
+0.33
–4.35
+1.24
+0.78
–2.84
–0.71
–2.30
+0.34
+1.01
–2.43
–0.20
–0.29
+0.32
+0.27
–1.45
+0.58
+0.18
–0.51
.35
...
.025
.08
.17
...
.37
.03
...
...
.21
...
.20
.36
.10
.40
...
.54
...
.24
.20
.19
...
...
.095
...
.425
.31
.97
.28
.125
.12
...
...
...
.0083
.3025
.06
.15
.52
...
.55
.8976
...
...
.10
...
...
.125
.15
...
.5
4.8
1.9
...
...
...
6.8
4.8
1.6
...
1.6
...
9.2
1.4
...
...
4.3
6.3
3.5
...
1.1
...
2.9
3.1
2.1
...
...
.3
.3
1.1
1.6
6.8
3.6
4.5
...
2.5
1.8
...
1.4
...
...
.9
...
3.0
2.6
.5
...
...
2.1
...
...
3.7
...
...
3.5
1.9
...
...
3.0
2.9
10.3
...
dd
15
21
7
83
dd
48
21
25
48
16
21
11
23
21
22
25
33
14
dd
11
5
15
19
30
dd
dd
17
15
27
17
39
19
44
dd
40
12
...
41
48
35
14
cc
19
25
17
...
13
22
dd
dd
24
29
23
11
18
...
dd
11
22
11
dd
12.93
49.66
115.05
13.50
42.55
7.97
14.67
47.63
184.22
16.87
26.95
150.46
13.65
51.96
23.55
10.97
67.40
28.52
47.29
7.40
175.43
2.35
38.06
45.94
61.87
1.54
4.30
58.71
49.55
188.79
25.66
10.49
44.59
88.62
1.88
83.29
73.49
70.00
88.79
31.23
30.05
113.91
44.77
3.55
311.17
49.51
21.32
26.50
77.49
2.62
29.00
13.40
46.40
53.05
104.26
157.10
86.27
8.90
33.00
26.41
7.78
9.01
–0.39
+2.94
–3.25
+0.32
+0.67
+0.21
–1.04
+0.93
–2.30
–0.13
+0.30
–3.28
–0.05
–0.16
+2.85
+0.57
+1.52
+0.05
+0.28
+0.25
–0.36
+0.05
–0.63
–0.06
–1.79
+0.06
–1.33
+5.02
–0.33
–1.38
–0.09
+0.30
+0.52
+3.60
–0.03
–0.22
–2.15
–3.22
–3.74
+3.48
+3.22
–2.20
+0.95
–0.05
+1.18
–0.10
–0.18
–0.79
–0.43
+0.20
–1.71
+0.71
–0.45
–2.25
–1.32
–11.66
–8.83
+1.92
–0.15
+0.25
–0.21
–0.03
.0343
.60
.55
...
...
...
.25
.19
.75
...
.11
...
.315
.1875
...
...
.73
.45
.41
...
.50
...
.28
.36
.32
...
...
.0393
.0392
.51
.10
.1775
.40
1.00
...
.52
.33
...
.30
...
...
.27
...
.0529
2.00
.0625
...
...
.41
...
...
.125
...
...
.90
.75
...
...
.25
.1925
.20
...
LM
LTM
LB
LCII
LPL
LN
LXU
LKSD
LTC
LLL
LQ
LZB
LH
LADR
LW
LCI
LPI
LVS
LHO
LAZ
LFGR
LEA
LEE
LM
LEG
LDOS
LEJU
LC
LEN
LEN.B
LII
LUK
LXP
LPT
LSI
LITB
LLY
LNC
LNC.WS
LNN
LGF.A
LGF.B
LAD
LYV
LYG
LMT
L
LOMA
LPX
LOW
LUB
LL
LXFR
LXFT
LDL
LYB
MTB
MTB.WS
MBI
MDC
MDU
MFA
MFCB
52-Week
High Low Name
14.50
31.83
34.65
34.39
39.43
22.52
85.80
128.00
105.70
25.30
10.85
7.35
73.34
29.70
83.66
45.41
231.44
81.77
55.76
12.75
41.79
68.12
19.00
10.53
8.15
126.40
21.70
19.28
63.41
30.98
34.90
19.19
17.12
23.65
1105.23
143.53
84.90
244.32
41.10
85.30
49.50
152.00
29.48
52.10
40.26
27.80
63.83
66.96
32.47
106.50
106.58
8.33
170.92
4.43
169.29
6.83
13.06
14.22
71.73
8.06
10.65
72.13
89.72
66.80
64.52
66.25
50.10
27.96
17.30
24.80
47.40
55.91
39.00
694.48
55.25
35.55
110.95
16.60
22.54
19.57
29.00
83.85
26.46
7.01
11.48
3.87
11.59
15.05
23.70
45.50
268.46
80.65
108.00
102.14
17.45
122.80
148.00
89.38
88.74
51.52
10.24
34.36
94.94
31.95
43.96
14.20
29.00
35.19
79.98
22.65
18.85
8.45
23.63
25.15
21.36
30.88
14.78
59.50
76.52
65.42
16.45
8.22
4.80
52.12
21.18
65.57
17.41
166.86
63.92
38.27
5.25
35.25
19.00
14.10
4.82
3.00
81.14
15.98
10.55
42.57
23.22
23.85
7.00
9.44
13.80
856.98
70.52
66.75
191.09
30.08
50.40
33.30
99.51
20.13
31.05
21.63
6.55
45.15
48.86
19.22
88.64
89.14
5.25
114.17
1.88
133.82
4.16
10.06
11.57
37.67
5.53
5.50
40.56
69.35
54.41
52.52
48.65
32.60
11.30
8.95
9.40
34.00
44.17
36.35
407.87
32.38
27.86
87.59
10.25
10.87
14.89
22.80
62.55
17.00
5.62
5.59
3.37
7.09
7.80
10.10
27.25
189.44
42.56
82.34
78.10
13.08
97.35
93.51
60.29
63.00
37.34
10.05
19.23
76.92
20.50
27.72
10.84
19.40
22.21
57.13
13.20
9.92
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
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
MaxarTech g
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
MetropolitanBk
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
Moog B
MorganStanley
MosaicAcqnUn
Mosaic
MotorolaSolutions
Movado
MuellerIndustries
MuellerWater
MuleSoft
MurphyOil
MurphyUSA
MyersIndustries
MyovantSciences
44.29
18.60
49.90
25.80
14.50
23.53
4.40
28.67
19.59
14.20
13.05
29.92
8.57
4.70
10.54
3.16
10.75
14.00
NACCO Inds
NCI BuildingSys
NCR
NGL Energy
NL Industries
NOW
NQ Mobile
NRG Energy
NRG Yield A
Tick
Div
Sym Yld P/E Last Chg. Amt.
MTG
MGP
MGM
MHO
MPLX
MRC
MSA
MSCI
MSM
MSGN
MVC
MVO
MAC
CLI
MIC
M
MSG
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
MAXR
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
MCB
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
MOG.B
MS
MOSC.U
MOS
MSI
MOV
MLI
MWA
MULE
MUR
MUSA
MYE
MYOV
...
5.4
1.3
...
6.8
...
1.8
1.2
2.4
...
5.6
8.5
4.6
3.5
8.6
7.6
...
5.4
2.1
...
5.6
...
1.9
...
8.4
1.5
3.0
1.3
2.6
...
1.9
...
2.0
...
...
1.1
1.8
.8
1.1
...
...
.6
...
.8
2.9
...
1.8
.3
...
1.9
1.9
...
2.4
...
1.0
...
7.8
7.1
1.8
11.1
13.6
...
2.3
3.4
4.5
3.9
...
...
7.5
12.2
.8
3.1
...
...
...
...
3.3
.3
...
...
2.9
.3
...
...
1.6
...
6.4
...
...
3.4
...
...
2.0
2.0
4.0
1.8
1.1
...
...
2.1
...
.4
2.3
1.9
1.2
1.3
...
3.4
...
2.6
...
11
38
32
13
38
dd
36
37
20
8
27
9
75
99
31
9
dd
18
10
51
14
8
63
dd
10
19
15
dd
19
20
19
dd
25
21
cc
22
23
31
23
22
15
35
15
40
14
14
30
20
cc
27
27
...
24
dd
7
10
27
16
34
dd
32
16
27
54
31
13
13
4
12
11
19
dd
...
38
15
50
50
dd
0
dd
16
16
44
9
29
8
13
dd
27
21
20
dd
8
8
57
23
51
21
21
14
...
24
23
24
20
32
dd
dd
17
88
dd
13.40
29.45
32.88
33.37
34.78
15.77
78.16
125.02
80.40
17.20
10.81
5.90
64.37
22.84
66.18
19.98
229.63
67.34
53.02
12.15
40.71
21.76
19.00
9.94
3.80
124.97
21.22
15.62
61.72
30.08
26.40
9.65
14.03
20.30
1063.41
132.37
83.15
213.25
38.61
70.80
42.90
149.54
28.83
51.55
27.47
13.90
62.75
63.09
25.96
96.92
97.06
7.64
165.59
1.95
137.61
4.85
10.81
13.56
69.28
5.74
5.90
44.47
79.33
55.48
55.62
53.20
48.45
25.89
15.90
21.00
46.50
52.20
36.99
622.66
54.71
34.53
105.47
12.90
17.41
16.86
25.10
71.30
22.37
6.54
11.30
3.58
11.05
14.55
22.55
43.50
263.85
76.90
83.20
80.34
17.20
118.30
142.19
82.08
82.31
48.76
10.15
22.84
91.07
27.15
33.49
12.19
23.73
29.14
73.97
20.80
14.21
–0.05
+0.03
+1.62
+0.07
+0.66
–0.81
–1.56
–1.02
–1.56
+0.15
+0.13
+0.14
+9.98
–0.09
–2.07
+1.62
+0.73
–0.80
–2.10
+1.35
–0.25
–9.12
+0.75
–0.10
–0.10
–1.03
+0.39
+0.04
–0.48
+1.28
–0.10
–4.45
–0.49
–0.05
–9.59
–9.48
+0.77
+1.44
–0.41
+5.85
+0.05
+0.25
+1.83
+1.60
–1.43
–0.50
+1.83
–1.92
+2.31
+0.02
–0.45
+0.40
–3.06
+0.02
...
–0.02
–0.93
–0.03
+7.78
–0.03
+0.15
+1.10
+0.90
–0.58
+0.16
+2.05
+1.15
–0.86
+1.20
–1.05
–0.10
–2.43
–0.22
–23.34
+7.09
–0.31
+2.08
–0.60
+0.70
–0.88
–3.05
+0.25
+1.23
–0.28
+0.44
–0.09
+0.24
+0.35
–0.95
+1.35
+6.52
–2.28
–2.65
+0.58
–0.02
–1.57
–4.10
–3.72
–4.94
–1.26
–0.05
+0.46
–3.18
–0.35
–1.20
+0.15
+0.23
+1.54
+0.62
–0.70
–0.67
...
.395
.11
...
.5875
...
.35
.38
.48
...
.15
.125
.74
.20
1.42
.3775
...
.905
.275
...
.19
...
.09
...
.08
.93
.1606
.05
.40
...
.125
...
.05
...
...
.35
.375
.44
.105
...
...
.22
...
.10
.20
...
.2883
.045
...
.47
.47
...
1.01
.005
.34
...
.21
.24
.32
.16
.20
...
.46
.47
.625
.52
...
...
.0998
.64
.09
.40
...
...
...
...
.87
.01
...
...
.18
.05
...
...
.044
...
.3559
...
...
.37
...
...
.41
.41
.17
.54
.38
...
...
.25
...
.025
.52
.13
.10
.04
...
.25
...
.135
...
1.5
...
...
12.3
...
...
...
.4
6.0
7
20
19
dd
10
dd
dd
dd
65
43.20
15.85
30.84
12.70
13.10
10.70
4.20
28.35
19.33
+4.35
+0.05
+0.57
+1.60
+1.35
–0.05
+0.45
+0.73
+0.33
.165
...
...
.39
...
...
...
.03
.288
N
NC
NCS
NCR
NGL
NL
DNOW
NQ
NRG
NYLD.A
NYSE CUMULATIVE DAILY BREADTH vs DJIA
Take a Deep Breadth: The NYSE’s cumulative breadth fell for a third
consecutive week as the Dow broke an eight-week winning streak.
Losing stocks outpaced winners by 3 to 2.
BREADTH
DJIA
482000
23600
BREADTH 477,625
s
52-Week
High Low Name
466000
22600
450000
21600
s
DJIA
434000
20600
418000
402000
19600
D
J
F
M
A
M
J
J
A
S
O
18600
N
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
20.00
24.95
3362.85
18.40
12.55
37.08
61.25
75.24
81.21
43.63
121.40
46.34
26.50
20.71
34.50
13.79
45.60
3.30
19.80
27.86
14.75
2.11
2.40
12.70
2.94
45.47
90.23
59.68
14.00
26.96
99.63
12.55
0.30
44.85
17.19
15.00
94.63
54.79
17.91
10.82
2.60
17.68
10.15
20.15
55.08
50.00
483.86
39.63
10.20
18.65
27.86
156.80
70.05
57.40
44.00
45.73
60.53
27.61
40.98
8.37
42.03
56.33
6.65
15.49
6.80
41.88
3.90
9.86
62.82
134.52
43.39
5.70
8.20
306.61
14.27
68.60
63.86
86.90
50.95
65.85
68.00
55.64
31.50
14.60
21.96
1510.00
5.32
6.79
25.13
50.80
59.64
67.33
29.90
87.75
36.45
19.37
14.67
22.40
4.79
22.81
1.54
12.25
14.62
7.00
1.08
0.95
6.55
1.31
22.89
72.35
38.72
4.56
9.02
65.82
9.75
0.23
32.20
11.87
13.40
37.16
27.85
14.09
8.11
1.28
11.67
6.65
11.75
29.22
24.41
382.04
30.19
6.25
15.76
18.37
110.49
54.44
46.80
23.90
34.22
49.75
21.17
21.33
3.14
22.99
29.40
4.04
9.00
5.21
21.40
0.80
4.09
37.79
98.92
19.80
2.95
5.94
220.72
10.04
53.50
54.07
66.93
30.89
46.35
51.67
31.21
16.01
NRG Yield C
NTTDoCoMo
NVR
NaborsIndustries
NamTaiProperty
NatlBankHoldings
NationalFuelGas
NationalGrid
NatlHealthInv
NatlOilwell
NatlPrestoInds
NatlRetailProp
NatlStorage
NationstarMtg
NaturalGasSvcs
NaturalGrocers
NaturalResPtrs
Natuzzi
Nautilus
NavigantConsult
NavigatorHldgs
NaviosMaritime
NaviosMaritime
NaviosMaritimeMid
NaviosMaritime
NavistarIntl
NeenahPaper
Nelnet
NeoPhotonics
Netshoes
Nevro
NewHome
NewIrelandFundRt
NewJerseyRscs
NewMediaInvt
NewMountainFin
NewOrientalEduc
NewRelic
NewResidInvt
NewSeniorInvt
NewYork
NY CmntyBcp
NewYorkREIT
NYTimes A
NewellBrands
NewfieldExpln
NewMarket
NewmontMining
NewparkResources
NexaResources
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
NYLD
DCM
NVR
NBR
NTP
NBHC
NFG
NGG
NHI
NOV
NPK
NNN
NSA
NSM
NGS
NGVC
NRP
NTZ
NLS
NCI
NVGS
NNA
NM
NAP
NMM
NAV
NP
NNI
NPTN
NETS
NVRO
NWHM
IRL.R
NJR
NEWM
NMFC
EDU
NEWR
NRZ
SNR
NWY
NYCB
NYRT
NYT
NWL
NFX
NEU
NEM
NR
NEXA
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
5.9
...
...
3.8
2.3
1.2
2.9
6.3
5.0
.6
.9
4.5
4.3
...
...
...
6.9
...
...
...
...
15.0
...
20.5
...
...
1.8
1.2
...
...
...
...
...
2.5
9.3
9.7
...
...
11.6
12.7
...
5.6
...
.9
3.1
...
1.8
.8
...
...
3.7
2.5
4.6
5.4
4.1
3.7
1.3
2.6
...
...
1.4
3.6
3.9
...
...
5.4
5.8
2.8
3.7
1.9
...
1.4
12.3
1.3
4.3
2.8
3.5
3.3
.9
2.3
2.7
13.8
13.1
66
16
24
dd
cc
25
17
13
19
dd
15
34
cc
9
cc
17
10
dd
13
19
48
dd
dd
24
...
dd
19
10
dd
...
dd
11
...
20
dd
9
47
dd
6
dd
dd
14
dd
29
11
19
20
cc
cc
...
10
17
...
...
30
26
24
33
23
dd
dd
14
dd
36
10
9
dd
dd
14
20
12
cc
11
22
dd
30
18
29
22
21
16
84
8
19.55
24.92
3289.64
6.40
12.30
30.74
56.96
59.95
76.66
33.52
115.60
42.17
25.85
16.59
26.25
5.33
25.95
2.00
12.80
17.53
10.10
1.33
1.58
8.26
2.11
39.38
84.55
51.34
6.29
9.64
74.77
11.23
.29
43.80
15.84
14.05
85.53
53.09
17.27
8.16
1.86
12.12
6.93
17.75
29.30
33.31
395.00
35.52
9.65
17.08
27.13
155.16
69.67
56.50
38.38
36.62
56.09
27.20
39.47
4.63
28.11
51.88
4.91
14.81
5.82
35.23
1.39
4.23
40.03
127.15
42.25
4.55
7.17
298.13
14.02
66.55
60.34
82.38
49.91
62.13
55.83
31.73
16.65
+0.25
+0.66
+78.99
+0.50
–0.10
–2.50
–0.25
–0.91
–1.41
+0.10
–4.25
+1.36
+0.54
–2.16
–1.20
+0.37
+1.20
...
–0.05
–0.02
...
...
–0.18
–1.24
+0.12
–2.70
–1.40
–6.53
+1.71
–0.51
–9.70
+0.32
–0.01
–0.25
+0.12
+0.10
+3.99
+1.10
–0.23
–0.01
+0.24
–0.47
–0.40
+0.30
–1.47
+2.65
–1.90
–0.52
+0.20
–1.02
+0.42
+2.51
+1.83
+0.44
+0.16
–0.22
+0.38
–0.13
–0.10
+0.54
–0.19
+1.35
–0.06
–0.34
+0.11
–0.82
+0.11
+0.02
+1.53
–3.21
–0.64
...
+0.57
–3.53
+0.44
–0.10
+0.56
–1.32
–0.03
+1.79
–2.17
–0.27
–0.25
.288
...
...
.06
.07
.09
.415
1.8924
.95
.05
4.50
.475
.28
...
...
...
.45
...
...
...
...
.05
...
.4225
...
...
.37
.16
...
...
...
...
...
.2725
.37
.34
.45
...
.50
.26
...
.17
...
.04
.23
...
1.75
.075
...
...
.25
.9825
.7964
.7654
.3925
.34
.18
.175
...
...
.10
.4665
.1899
...
...
.4744
.02
.03
.37
.61
...
.0156
.22
1.00
.15
.4725
.525
2.7178
.4738
.36
.3775
1.095
.545
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
O
10.35
14.48
37.41
16.04
78.26
59.47
48.50
18.24
17.08
1.33
73.51
32.12
3.95
6.15
9.71
41.75
50.82
21.19
37.52
35.14
26.99
89.66
11.60
61.89
5.88
25.89
33.39
12.30
24.15
53.14
17.63
134.59
12.60
25.45
11.11
89.51
65.91
94.16
14.39
27.89
5.66
37.02
83.31
25.90
76.19
4.95
7.80
30.10
13.20
56.89
46.82
36.95
15.57
6.69
0.82
57.20
17.11
2.15
2.12
3.11
20.23
31.35
17.17
23.94
27.32
14.50
65.32
8.10
38.67
3.29
21.96
18.23
7.30
15.10
37.64
13.98
79.97
9.18
17.15
5.17
73.70
45.67
61.74
8.88
20.82
1.96
18.07
49.80
17.31
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
32.05
22.70
71.57
15.20
15.70
45.38
38.54
139.23
71.94
43.80
77.76
...
119.85
40.20
17.65
30.49
137.60
133.24
2.23
120.75
165.69
71.39
14.10
27.70
11.79
17.58
20.24
33.40
2.90
189.83
39.82
18.48
17.45
49.83
10.00
10.97
28.84
25.50
104.78
37.54
31.00
50.37
...
93.80
32.60
15.35
20.34
105.50
84.53
0.94
81.55
107.31
30.60
4.44
17.55
4.69
15.14
16.00
24.65
0.91
134.03
22.98
PBF Energy
PBF Logistics
PG&E
PGT Innovations
PHH
PJT Partners
PLDT
PNC Fin
PNC Fin Wt
PNM Resources
POSCO
PPDAI
PPG Ind
PPL
PQ Group
PROS
PSBusinessParks
PVH
PacificCoastOil
PackagingCpAm
PaloAltoNtwks
PampaEnergia
PandoraMedia
PanhandleOil&Gas
ParTechnology
ParamountGroup
ParkElectrochem
ParkHotels
ParkerDrilling
ParkerHannifin
ParsleyEnergy
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
4.4
2.9
3.8
2.2
2.2
5.7
5.3
...
...
...
4.5
2.9
2.5
...
...
...
2.2
3.6
2.2
9.3
.9
3.3
...
...
...
6.8
...
...
1.8
1.5
5.4
1.0
17.2
3.5
...
...
.5
1.1
1.3
6.0
...
5.6
1.0
...
1.7
dd
10
18
...
25
33
10
...
dd
dd
cc
dd
28
dd
...
dd
28
15
81
37
27
13
dd
28
dd
19
20
dd
dd
22
89
25
dd
20
dd
8
27
23
59
29
dd
14
24
16
22
7.35
8.40
35.01
16.04
75.90
52.40
42.45
17.02
10.78
1.21
68.17
20.68
3.23
3.13
7.10
23.75
41.39
20.83
36.54
28.05
21.95
67.55
10.35
61.22
4.96
25.12
24.98
9.30
23.90
49.32
16.61
132.96
9.79
23.35
7.60
86.26
63.23
84.90
12.13
24.01
2.78
18.29
81.89
23.31
63.56
+0.35
+0.10
–0.62
+0.29
–0.52
–0.25
–2.20
+0.25
+0.53
+0.06
–0.09
–0.12
–0.09
–0.33
–1.37
+0.55
–2.24
+0.39
+1.07
–0.34
+0.05
+1.34
–0.70
+0.45
–0.21
+0.66
–7.16
–0.40
+0.50
–0.86
+0.08
+0.09
+0.07
–0.40
+0.45
–3.16
–1.53
–1.74
–0.33
+0.71
+0.40
–1.25
+0.33
–0.58
+0.86
.08
.06
.3325
.09
.42
.745
.56
...
...
...
.77
.15
.02
...
...
...
.23
.19
.20
.65
.05
.55
...
...
...
.43
...
...
.11
.19
.45
.32
.14
.2016
...
...
.08
.24
.039
.36
...
.2575
.20
...
.27
3.8
9.8
3.7
...
...
.5
5.5
2.3
...
2.2
...
...
1.6
4.4
...
...
2.5
.1
9.2
2.3
...
...
...
.7
...
2.4
2.1
6.0
...
1.4
...
15
8
13
32
dd
64
15
16
...
22
14
...
22
16
...
dd
41
24
20
20
dd
44
dd
cc
25
43
60
2
dd
23
cc
31.29
19.50
56.95
14.90
11.06
38.18
34.13
132.48
65.63
43.40
72.03
13.08
114.67
36.29
15.57
24.11
133.61
127.47
1.65
110.27
140.35
63.82
4.57
22.15
8.75
16.10
18.74
28.81
1.18
182.23
27.18
+0.46
–1.00
+0.15
+0.05
–1.56
–0.02
+1.13
–6.16
–6.31
+1.00
–0.46
...
–1.86
–0.45
–0.27
+0.21
–0.29
+0.59
–0.02
–5.47
–6.01
–3.21
–1.02
–1.70
–2.20
+0.25
–0.13
–0.27
+0.12
–3.15
–0.35
.30
.48
.53
...
...
.05
.941
.75
...
.2425
...
...
.45
.395
...
...
.85
.0375
.0126
.63
...
...
...
.04
...
.095
.10
.43
...
.66
...
PQ
PBF
PBFX
PCG
PGTI
PHH
PJT
PHI
PNC
PNC.WS
PNM
PKX
PPDF
PPG
PPL
PQG
PRO
PSB
PVH
ROYT
PKG
PANW
PAM
P
PHX
PAR
PGRE
PKE
PK
PKD
PH
PE
M20
BARRON’S
November 13, 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
17.70
7.00
83.11
32.50
10.31
37.63
36.30
1.76
10.74
20.58
19.35
18.46
56.05
71.65
116.35
119.39
29.90
73.05
10.30
91.95
13.91
81.80
11.71
10.73
4.75
36.78
29.50
123.55
95.00
58.00
6.73
21.85
23.08
9.68
66.67
90.92
7.20
199.83
81.85
16.60
33.95
36.09
30.22
58.27
14.82
20.00
126.85
46.59
48.69
89.04
20.27
150.25
6.25
21.23
59.63
12.53
100.65
69.95
63.53
94.67
51.00
67.10
17.66
77.87
89.95
28.92
115.26
49.87
50.56
232.21
31.36
16.87
12.70
21.12
60.60
43.65
29.04
164.01
19.99
23.60
38.82
9.20
35.45
112.97
110.67
9.46
17.85
9.50
0.96
39.19
22.58
7.04
25.98
27.44
0.54
2.35
9.32
15.65
14.87
38.33
55.76
57.85
98.50
19.95
49.72
6.72
63.68
4.66
60.69
7.61
6.96
1.58
30.51
22.00
86.78
75.14
43.23
2.43
17.25
18.61
3.96
46.36
72.15
1.60
125.46
52.75
10.22
18.76
18.98
18.32
41.28
8.37
14.10
77.91
31.21
40.71
69.10
15.74
115.00
2.26
12.42
40.53
6.82
67.40
56.12
50.70
81.18
32.41
45.93
10.84
55.84
48.00
23.19
95.88
37.09
39.28
192.15
18.18
9.12
8.25
7.02
43.95
27.80
18.16
115.51
13.13
16.45
30.23
4.36
21.90
80.83
71.90
2.54
9.10
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
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
Qudian
QuestDiag
QuintilesIMS
QuorumHealth
QuotientTech
3.91
22.65
23.41
67.50
31.60
93.64
64.66
25.10
26.45
56.48
18.52
46.92
31.80
21.59
114.00
17.56
39.64
15.70
87.22
17.60
31.67
190.25
35.18
63.60
124.56
9.40
17.45
87.50
24.79
72.05
27.56
16.03
15.61
0.36
14.92
16.19
46.30
23.55
24.41
50.34
19.12
16.58
47.87
7.49
28.76
23.23
13.62
66.06
11.86
16.00
8.87
66.28
11.88
26.07
137.70
22.63
52.85
68.54
6.15
14.43
66.55
13.90
58.63
18.31
12.00
9.02
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
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
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
QD
DGX
Q
QHC
QUOT
...
...
...
...
1.5
4.2
4.7
...
...
7.5
...
12.4
2.8
2.0
...
2.9
...
.4
6.8
.7
...
2.9
...
...
...
3.6
...
4.2
3.0
5.4
...
5.0
4.2
6.4
2.4
3.1
...
.1
1.7
7.2
5.7
5.6
...
1.2
...
...
1.9
1.5
2.8
...
2.1
2.1
...
4.7
...
...
.8
2.9
2.1
3.1
1.3
2.7
...
2.3
...
3.1
2.7
1.6
3.4
3.8
1.2
...
1.1
...
2.6
...
5.4
.9
...
.7
...
...
...
2.0
...
...
...
12
dd
74
dd
dd
28
38
dd
dd
dd
7
10
11
31
dd
23
27
36
15
dd
...
38
dd
dd
dd
22
39
23
23
20
46
80
99
12
37
19
dd
cc
dd
22
23
dd
62
21
dd
19
38
16
21
dd
35
26
dd
dd
20
dd
19
11
22
24
21
20
...
16
48
17
11
18
57
31
15
dd
15
dd
cc
dd
13
44
dd
56
20
71
...
19
cc
dd
dd
11.20
1.20
78.90
31.10
9.12
36.30
35.80
1.02
3.17
11.14
18.55
15.16
46.60
68.05
106.25
112.75
27.65
71.33
9.59
87.70
12.90
71.46
10.71
10.16
1.85
35.18
29.10
103.02
93.66
48.14
5.46
18.29
20.19
4.39
54.22
88.34
2.20
158.93
72.15
10.37
21.09
21.55
30.12
50.25
10.17
16.95
119.36
45.20
48.28
79.41
19.07
148.28
3.15
21.10
40.63
11.40
99.60
68.06
60.40
88.16
50.75
66.22
17.00
62.90
84.75
25.83
110.72
48.64
50.38
211.52
31.15
16.83
10.49
9.71
60.15
43.05
22.38
156.24
15.37
21.40
35.84
5.00
27.51
92.05
104.05
4.89
13.95
+0.15
+0.03
–1.39
–0.45
+0.10
+0.11
+0.99
–0.11
+0.80
+1.34
–0.10
–0.06
–1.44
–1.31
+4.95
+2.53
–1.15
+0.71
+0.18
+5.34
–0.35
+3.67
+0.02
–0.05
+0.14
–0.37
–0.05
+0.36
+0.08
–1.63
+0.19
+0.95
+0.46
+0.14
–0.03
–0.78
+0.05
+8.64
+0.40
–0.88
+0.85
+1.31
+3.30
–0.84
–0.23
+0.95
+2.62
–1.26
+0.52
+0.53
–0.25
+0.78
+0.12
+0.54
–2.36
+0.10
+10.95
–0.26
+3.15
+1.58
+0.60
–0.05
+1.16
–3.02
–0.35
–1.13
–1.12
–0.24
+0.07
+2.55
+0.84
+0.34
–1.40
–0.01
+1.49
+0.30
–0.58
–3.89
–0.69
–0.10
+0.18
+0.05
+2.49
–2.04
–3.97
+0.77
–0.10
...
...
...
...
.0677
.38
.141
...
...
.21
...
.47
.33
.345
...
.805
...
.07
.054
.16
...
1.0407
...
...
...
.32
...
1.07
.70
.646
...
.23
.21
.07
.325
.695
...
.04
.3125
.1875
.30
.30
2.78
.15
...
...
.58
.175
.34
...
.10
.7875
...
.25
...
...
.20
.49
.31
.6896
.6808
.44
...
.36
...
.20
.75
.389
.43
2.00
.09
...
.03
...
.39
...
.30
.355
...
.04
...
...
...
.45
...
...
...
...
1.4
1.3
1.3
.8
...
1.4
2.1
1.1
2.5
6.8
...
...
.1
2.3
6.3
.4
...
1.1
1.7
3.2
1.7
1.4
4.5
...
...
7.6
1.3
5.8
3.2
...
2.4
...
dd
28
29
42
1
dd
33
28
65
38
dd
63
...
25
89
24
dd
...
19
22
30
25
16
46
75
dd
9
17
17
cc
11
16
dd
.40
22.38
23.11
54.50
25.05
85.54
59.33
21.17
24.76
51.36
8.18
37.97
28.57
19.67
86.63
13.94
19.23
8.96
83.55
16.76
31.52
184.81
26.34
56.27
124.18
8.40
14.73
77.35
15.11
66.45
23.06
15.17
14.30
...
...
–0.04
+1.85
–0.56
–1.25
+0.38
–0.46
–0.74
–1.55
–0.41
+2.74
+2.89
–0.47
–4.04
+0.86
+1.10
–2.42
–2.15
–0.10
+0.76
+0.10
–0.43
+1.09
+2.54
–0.20
–0.75
–3.35
–0.39
+2.35
–0.82
–0.64
–0.27
.05
.1566
.1508
.18
.05
...
.21
.11
.07
.32
.14
...
...
.0025
.50
.22
.02
...
.22
.07
.25
.7975
.09
.212
...
...
.28
.26
.22
.53
...
.09
...
R
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
52-Week
High Low Name
152.19
88.58
152.00
4.20
11.98
67.18
87.81
49.14
9.00
12.40
68.89
15.81
36.80
107.87
30.66
26.24
29.72
26.42
10.45
47.95
50.77
39.96
8.77
11.88
53.50
210.72
136.50
54.24
154.00
48.29
261.37
12.40
21.68
80.98
7.64
133.75
65.83
67.40
9.16
3.68
28.10
85.50
16.85
67.97
114.78
68.46
120.55
2.12
6.01
52.84
57.45
23.64
3.85
7.57
42.35
11.61
15.60
76.10
20.16
19.32
18.30
16.87
5.45
19.95
36.25
25.01
1.38
6.05
41.62
129.28
85.11
37.03
67.60
30.67
178.01
7.41
9.02
62.92
4.80
78.77
48.07
50.94
1.81
1.69
18.15
62.52
7.65
53.70
ReinsuranceGrp
RelianceSteel
RenaissanceRe
ReneSola
Renren
RepublicServices
ResMed
ResoluteEnergy
ResoluteForest
ResourceCapital
RestaurantBrands
RetailPropofAmer
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
116.90
166.17
51.59
30.40
64.80
66.45
28.13
115.34
42.45
32.71
43.27
28.95
26.35
43.75
3.79
14.40
20.00
105.38
30.17
8.49
14.39
25.33
1.85
1.79
4.00
50.65
17.05
23.78
32.40
68.33
74.99
87.84
28.32
46.21
47.01
89.87
10.14
4.93
102.50
24.15
16.99
13.70
4.59
5.33
50.62
11.76
20.13
17.25
19.77
43.20
9.14
121.70
50.83
84.98
4.75
50.00
36.56
48.48
129.56
39.70
23.31
34.17
398.22
48.98
16.10
123.94
55.07
7.19
101.46
16.24
35.70
189.25
59.71
66.96
65.75
80.93
107.21
31.90
11.93
50.67
45.39
20.44
93.92
12.29
19.69
28.36
21.52
19.65
33.46
1.09
10.65
17.27
66.43
14.22
5.57
3.58
15.03
1.23
1.26
2.65
38.45
11.12
17.56
24.91
55.86
41.15
61.40
17.69
34.85
36.26
60.21
4.05
3.20
81.48
13.91
13.62
7.35
0.15
2.61
41.22
5.02
10.79
11.22
11.40
22.55
4.49
92.95
36.32
71.21
1.65
38.49
25.30
35.25
72.80
30.12
19.02
24.68
260.00
36.06
12.30
37.74
29.85
4.10
46.09
9.68
19.89
150.15
39.82
30.29
51.25
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
Sea
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
RGA
RS
RNR
SOL
RENN
RSG
RMD
REN
RFP
RSO
QSR
RPAI
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
1.3
2.4
.9
...
...
2.2
1.7
...
...
2.1
1.3
5.1
...
...
1.9
...
...
5.3
...
...
4.5
2.7
...
...
1.8
1.7
1.0
2.9
...
1.0
.5
...
...
3.7
...
1.9
5.9
5.7
...
...
...
2.3
...
4.9
12
15
22
dd
dd
27
34
dd
dd
dd
45
dd
dd
20
70
36
dd
13
40
dd
15
54
20
...
21
30
28
28
33
54
37
dd
dd
14
dd
17
25
26
dd
dd
21
21
37
22
149.62
75.56
139.70
2.88
10.44
63.45
83.06
32.18
8.90
9.66
65.12
12.92
22.05
86.16
30.06
24.10
29.32
21.07
8.60
46.15
49.51
25.36
1.57
7.80
52.90
192.61
133.58
52.55
153.00
44.99
258.20
10.79
15.25
78.74
7.32
124.22
63.90
66.00
1.94
2.37
25.70
78.92
8.90
65.92
–0.65
–1.84
+0.33
+0.18
–1.01
–0.45
–0.06
+1.82
+0.85
–0.45
–0.54
+0.45
–0.15
–0.11
–0.10
–1.22
+0.87
+0.06
–0.15
+2.10
+0.27
–3.42
+0.03
–0.57
+0.56
–5.77
–2.35
+0.63
+0.36
–0.29
+0.14
+0.07
+1.17
–0.68
–0.05
+1.04
–0.20
+0.12
–0.13
...
–0.60
–3.42
–0.10
+0.17
.50
.45
.32
...
...
.345
.35
...
...
.05
.21
.1656
...
...
.145
...
...
.2814
...
...
1.1099
.17
...
...
.24
.835
.33
.385
...
.10
.35
...
...
.7231
...
.60
.94
.94
...
...
...
.46
...
.80
1.2
1.0
...
...
6.2
1.4
...
3.1
.5
...
...
5.0
4.8
4.4
...
...
...
...
...
11.4
...
...
14.4
15.9
13.8
3.6
.7
8.5
3.9
3.3
5.6
3.0
.8
.7
3.9
1.8
...
1.2
2.1
...
...
...
...
10.1
1.4
8.2
...
...
...
7.2
...
2.7
...
1.8
...
2.4
1.7
...
...
...
4.1
4.7
.9
...
9.2
...
...
4.1
1.8
...
...
4.5
1.5
...
4.3
33
23
dd
...
7
24
11
97
dd
82
80
52
37
19
dd
dd
dd
dd
10
10
dd
dd
6
5
5
22
9
12
13
38
14
cc
...
28
19
19
dd
dd
27
68
...
dd
dd
1
28
14
dd
...
23
dd
6
27
27
31
dd
dd
18
27
dd
67
29
21
34
8
...
dd
58
dd
11
dd
7
29
28
62
31
112.59
156.94
49.02
13.20
59.56
63.29
25.68
99.89
21.82
30.58
41.44
28.30
25.95
42.65
3.44
13.10
17.84
105.24
16.21
7.67
4.97
19.44
1.25
1.31
2.75
45.00
16.18
22.58
30.62
61.24
43.94
65.74
24.82
44.27
43.70
68.61
7.40
3.43
98.63
14.52
14.72
12.45
.38
3.97
44.35
6.12
12.15
15.52
16.95
25.05
8.74
121.13
47.89
74.52
1.83
40.83
34.80
46.91
125.98
38.35
22.81
27.02
389.46
43.12
15.25
100.01
39.71
5.58
70.81
16.12
23.43
163.75
57.30
66.73
64.68
–2.32
–1.75
–0.81
–0.79
–0.26
+1.60
–0.57
+5.74
+0.01
–0.89
–0.08
–0.32
+0.42
+0.05
–0.02
–1.05
–0.18
+2.53
–1.19
+0.06
+0.34
+0.66
–0.08
–0.06
–0.15
–0.74
–0.81
+0.22
+0.72
+0.70
+2.27
+2.16
–0.67
–0.55
–0.40
–2.06
–0.25
–0.03
–0.91
–1.11
–0.27
–0.55
+0.11
...
+0.21
–0.23
+0.94
–0.41
–0.20
–1.50
...
+2.15
+0.02
–0.41
–0.03
–0.07
–1.05
–0.27
+1.07
+1.37
–0.17
+0.66
–7.65
–2.52
+0.30
+1.30
+3.07
+0.07
+5.42
+0.03
+1.58
+8.75
–1.72
+3.15
+0.88
1.3721
.41
...
...
3.6744
.2175
...
.775
.05
...
...
.1183
.31
.1572
...
...
.1566
...
...
.0727
...
...
.0449
.052
.095
1.6406
.03
.48
.6016
.51
.6125
.50
.05
.08
.43
.31
.02
.01
.53
...
...
...
...
.10
.16
.125
...
...
...
.45
...
.8225
...
.33
...
.25
.15
...
...
...
.0781
.318
.85
...
.35
...
...
.1146
.31
...
...
1.85
.21
...
.70
S
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
SE
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
52-Week
High Low Name
34.87
15.45
62.16
40.43
143.68
29.44
181.73
10.97
10.85
1.99
63.80
14.70
18.42
27.45
55.58
47.59
57.95
38.40
4.74
53.51
44.69
64.39
86.65
12.85
25.00
47.49
146.09
23.47
79.60
84.75
11.29
30.75
9.65
39.73
21.90
5.88
55.37
110.00
168.25
123.60
28.90
11.70
11.90
14.78
23.01
38.56
99.99
21.02
19.95
18.15
92.97
93.39
25.85
48.17
56.62
24.80
70.88
11.58
22.99
160.62
68.80
32.17
8.30
19.39
32.69
26.50
93.84
40.57
13.14
21.95
36.48
32.67
17.15
61.69
27.83
18.34
19.28
27.45
36.68
16.10
24.90
38.06
93.61
135.87
47.67
57.23
32.33
21.33
5.80
46.44
26.97
99.57
11.28
140.83
10.20
10.00
1.50
26.47
13.00
9.90
15.95
47.10
27.72
35.16
30.13
1.18
46.20
31.15
42.99
70.68
4.90
16.83
40.19
98.11
16.80
61.40
51.85
6.64
22.50
5.62
11.43
16.30
1.45
40.77
82.20
114.27
100.00
22.25
9.00
6.75
7.51
21.11
28.10
74.45
15.58
13.70
12.50
68.51
64.37
19.86
34.48
41.93
8.91
16.50
5.52
14.16
106.48
44.80
22.71
6.93
13.25
22.19
19.15
69.90
32.22
7.66
13.50
27.96
21.01
13.47
49.17
16.30
8.00
7.66
13.95
14.55
12.45
18.00
26.01
74.52
101.48
36.26
48.85
7.05
SkechersUSA
Smart&FinalStores
SmithAO
Smith&Nephew
Smucker
Snap
SnapOn
SocialCapHed
SocialCapHed
SocialCapHedWt
SOQUIMICH
Sogou
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
StarGroup
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
Switch
SynchronyFin
Syngenta
Synnex
SynovusFin
Sysco
Systemax
36.16
20.03
3.96
65.03
93.75
17.07
38.47
33.39
19.42
80.92
10.58
10.25
1.75
10.44
9.89
1.65
20.70
17.84
82.32
11.43
28.76
42.71
29.50
55.50
37.34
48.85
61.83
79.33
128.46
40.34
76.79
24.79
39.70
11.02
14.58
0.91
48.70
66.13
11.59
30.31
21.62
11.17
66.66
10.07
9.70
1.20
10.15
9.70
1.35
18.71
11.11
41.41
4.24
9.40
28.34
21.87
42.86
21.81
34.16
39.59
48.56
94.00
28.97
44.78
18.26
10.45
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
Tapestry
TargaResources
Target
TaroPharm
TataMotors
TaubmanCtrs
TaylorMorrison
Team
Tick
Div
Sym Yld P/E Last Chg. Amt.
SKX
SFS
AOS
SNN
SJM
SNAP
SNA
IPOA.U
IPOA
IPOA.WS
SQM
SOGO
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
SWCH
SYF
SYT
SNX
SNV
SYY
SYX
...
...
1.0
1.4
3.0
...
2.1
...
...
...
1.3
...
...
1.0
3.1
...
...
3.5
...
4.5
2.3
.9
2.5
...
...
7.1
1.6
3.1
2.7
.5
8.4
9.8
...
...
...
10.5
1.8
.7
1.5
4.5
1.4
4.3
4.8
...
8.9
1.1
1.9
4.2
...
3.7
1.1
1.4
1.2
3.0
.8
1.0
...
19.4
...
1.1
1.7
9.6
...
4.4
...
11.5
2.9
3.7
...
13.4
2.8
10.7
1.2
2.8
...
...
...
2.4
...
9.6
...
1.9
...
.9
1.3
2.4
1.4
20
62
29
20
22
dd
16
...
...
...
44
cc
...
13
19
26
24
66
dd
93
29
15
24
11
cc
14
21
23
22
28
cc
14
dd
dd
56
dd
17
28
21
...
37
36
92
72
13
dd
16
dd
dd
14
21
52
19
19
21
35
dd
dd
8
33
14
56
8
19
45
14
cc
12
cc
dd
22
dd
26
15
...
...
dd
60
dd
8
22
12
41
18
18
25
cc
32.00
7.25
58.56
35.96
104.12
12.76
155.87
10.70
10.22
1.59
57.76
13.85
16.08
19.80
50.74
46.22
46.31
31.54
1.92
51.36
43.91
53.49
80.08
6.67
23.16
40.95
105.08
19.62
77.85
80.70
8.56
25.35
6.19
39.21
18.45
1.91
41.24
101.45
162.97
119.00
28.60
10.30
8.30
10.04
21.53
38.30
90.65
20.89
18.55
13.70
79.45
86.85
23.55
39.44
52.59
24.00
33.65
6.82
21.58
154.48
49.35
25.09
7.83
15.29
30.35
20.05
92.54
38.88
10.73
17.70
36.42
30.87
16.52
56.79
23.50
13.50
9.45
14.90
15.55
15.45
18.95
32.07
92.28
130.36
45.03
54.19
29.13
+0.74
+0.55
–0.98
–1.44
+1.90
–2.51
–2.35
+0.01
–0.03
+0.04
–1.09
+0.85
+0.12
–0.60
–1.17
+1.41
–3.11
–1.71
–0.01
–1.08
+1.02
–0.65
–0.42
+0.82
–0.13
–1.69
+1.04
+0.15
–0.80
–1.70
+0.06
–0.10
–0.48
+2.32
+0.50
+0.15
–1.53
–2.65
–0.16
+0.50
–0.10
–0.21
–0.23
–2.19
–0.08
+1.50
–1.88
+0.57
–0.55
–0.40
–0.97
–1.78
–1.10
+1.30
–0.62
–0.58
+0.37
+0.02
–0.65
–1.70
–1.45
–1.15
–0.26
–0.25
–0.54
–0.05
+0.35
–0.58
–0.11
–0.15
+1.19
+0.07
+0.04
–3.61
–3.16
–3.23
+0.54
–0.55
–1.70
+0.10
+0.73
–1.04
+0.02
+0.34
–2.05
–2.47
–1.33
...
...
.14
.246
.78
...
.82
...
...
...
.3865
...
...
.05
.39
...
...
.2725
...
.58
.25
.125
.495
...
...
.7262
.42
.15
.525
.10
.18
.6225
...
...
...
.05
.19
.18
.63
1.34
.0984
.11
.10
...
.48
.11
.42
.2201
.15
.1275
.225
.31
.07
.30
.10
.06
...
.33
...
.425
.21
.60
...
.17
...
.575
.67
.3565
...
.594
.2552
.8255
.05
.40
...
...
...
.09
...
.37
...
.15
1.0115
.30
.15
.33
.10
...
1.7
...
7.5
1.7
2.2
4.2
3.5
...
1.8
...
...
...
...
...
...
...
...
...
5.5
4.6
2.8
5.7
8.4
5.6
...
8.2
4.0
...
...
4.7
...
...
cc
16
...
17
20
26
24
7
27
20
...
...
...
...
...
...
...
16
dd
14
13
19
31
12
39
25
dd
12
14
17
51
12
dd
29.40
17.80
2.15
53.10
93.53
12.50
38.25
28.32
17.52
70.22
10.30
9.72
1.39
10.30
9.70
1.65
19.27
17.61
72.15
4.37
15.63
41.72
24.83
45.09
24.27
40.82
44.13
61.40
117.57
32.32
53.11
22.98
13.90
+0.89
–0.84
–0.46
–0.93
+0.80
+0.72
+1.83
–0.99
–0.41
+1.62
+0.04
–0.04
+0.04
+0.07
–0.13
...
–0.17
+0.47
–2.45
–0.31
+0.25
–0.47
–0.46
–0.58
+1.81
–0.33
+0.24
+2.04
+3.07
–1.50
+6.76
+0.02
+1.75
.0833
.075
...
1.00
.40
.07
.3975
1.00
.1199
.3125
...
...
...
...
...
...
.33
...
...
.02
.18
1.1512
.355
.945
.3425
...
.91
.62
...
...
.625
...
...
T
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
TPR
TRGP
TGT
TARO
TTM
TCO
TMHC
TISI
52-Week
High Low Name
37.09
33.76
11.77
19.90
6.30
2.78
27.16
37.55
5.10
34.20
10.53
8.45
185.66
263.97
16.85
11.64
36.19
32.98
70.45
37.21
22.72
76.80
70.96
38.08
44.04
48.86
115.86
38.06
5.98
41.19
434.99
24.10
55.80
201.20
22.36
17.10
48.61
138.07
23.70
238.90
30.35
3.90
2.65
20.00
97.29
15.29
20.40
103.90
53.10
23.00
14.23
46.63
40.44
67.27
86.50
73.86
57.79
56.98
73.84
33.65
13.01
128.11
6.60
51.85
30.51
295.00
49.31
16.66
22.18
54.49
135.71
16.17
14.80
25.60
90.42
112.39
20.35
43.04
43.53
35.97
73.40
27.61
14.41
43.85
34.80
28.40
28.70
5.28
74.36
9.79
18.99
3.80
33.00
38.88
21.96
21.08
183.98
74.30
24.53
14.56
5.14
13.27
1.65
1.37
18.59
15.65
1.78
17.04
7.10
5.85
116.51
141.41
11.95
8.15
27.17
24.57
39.57
25.91
12.25
60.05
51.54
26.27
23.26
27.35
75.20
25.22
1.85
10.85
259.00
7.40
43.41
139.07
15.74
11.05
41.26
78.84
8.09
170.72
20.37
1.00
0.82
15.06
75.33
8.02
9.90
85.77
37.80
12.30
7.97
28.30
34.30
34.27
69.09
48.69
45.18
45.05
47.01
21.00
7.75
103.62
3.75
42.69
9.41
203.72
39.13
7.20
6.50
28.92
109.10
11.38
10.13
14.65
40.26
61.57
8.91
27.75
21.35
25.01
50.70
15.05
11.41
13.50
19.65
9.34
19.30
4.07
52.32
6.35
11.67
2.44
22.60
22.80
14.12
15.21
139.61
55.72
TechnipFMC
TeckRscsB g
Teekay
TeekayLNG un
TeekayOffshore
TeekayTankers
TejonRanch
Teladoc
Telaria
TelecomArgentina
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
TidewaterWtSeriesA
TidewaterWtSeriesB
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
TwoHarbors
TylerTech
TysonFoods
18.31
40.71
52.00
17.90
52.84
19.78
46.01
17.50
30.73
35.02
78.00
61.49
25.39
33.45
29.53
39.21
162.40
61.62
60.13
119.71
16.70
15.10
32.85
41.79
12.18
40.40
14.30
32.29
9.00
22.47
25.60
56.50
24.26
18.38
11.40
10.36
26.03
124.85
38.41
38.58
95.67
6.90
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
FTI
TECK
TK
TGP
TOO
TNK
TRC
TDOC
TLRA
TEO
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
TDW.WS.A
TDW.WS.B
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
1.8
.7
2.4
3.1
1.6
8.3
...
...
...
...
...
4.5
...
.5
...
4.4
2.4
2.4
...
1.8
...
1.3
1.8
...
.6
.7
6.2
2.4
...
2.9
.1
...
.1
.3
...
...
3.1
1.1
...
2.1
...
...
...
3.8
2.2
...
1.5
1.8
2.3
...
.2
.7
1.0
...
.7
1.1
3.3
5.2
.7
1.6
...
...
2.1
4.0
...
...
7.3
...
...
...
2.1
2.2
...
2.4
...
...
12.5
2.4
...
1.6
2.0
...
10.3
4.2
.5
.7
...
4.5
4.6
...
...
...
...
...
...
...
...
1.2
...
7
dd
22
5
dd
dd
dd
dd
17
...
...
31
46
21
18
18
dd
18
cc
dd
93
17
72
20
dd
14
48
dd
dd
47
cc
23
32
50
9
31
18
dd
25
dd
...
...
dd
25
30
dd
17
19
dd
dd
17
33
32
18
26
14
16
32
9
12
11
cc
32
dd
34
17
dd
27
41
16
19
92
11
dd
33
18
dd
23
22
11
...
10
61
dd
dd
21
21
21
13
9
28
13
dd
dd
5
50
15
28.92
21.53
9.12
18.00
2.53
1.45
20.86
29.00
4.24
33.04
8.32
6.73
180.63
252.89
14.93
10.03
30.33
25.49
53.11
29.66
13.82
63.45
55.77
35.35
43.70
44.55
87.50
36.70
3.64
11.78
412.71
23.55
54.27
186.18
20.88
16.85
44.50
129.89
8.75
227.45
26.57
2.45
2.10
19.03
91.57
12.27
10.95
90.60
46.65
14.10
11.03
45.91
35.30
64.12
84.26
62.07
57.33
56.17
72.33
30.80
7.76
124.49
6.08
49.37
28.61
267.00
41.61
11.58
20.42
53.40
135.54
13.82
11.55
18.55
43.08
102.79
9.58
41.00
42.69
32.58
70.90
26.48
13.93
42.63
31.40
26.66
28.30
4.49
58.83
9.02
15.61
3.12
24.20
25.55
20.32
15.35
170.67
74.14
+0.34
+0.69
+1.18
+0.55
–0.02
–0.04
+1.25
–3.50
–0.27
–0.46
–0.51
–0.38
–1.77
–3.52
+0.07
–0.23
+0.24
–2.27
–0.81
–0.59
+0.74
–1.20
–2.08
–0.74
+0.82
–1.61
–0.30
–0.35
+0.67
+0.38
–0.66
+4.60
–0.28
–7.53
–0.46
+0.35
–0.08
–6.38
–0.24
–4.77
–0.86
–0.23
+0.14
–0.57
–0.99
+0.39
+0.25
–2.68
...
–0.42
–0.15
+2.01
+0.05
+0.18
–1.16
–0.88
–0.09
–0.16
+0.07
–1.80
–2.46
–1.13
+0.23
+1.48
–1.50
–15.52
–1.12
+0.70
–0.66
–0.49
+2.22
–0.68
–0.70
–0.40
+0.92
–1.65
–0.24
+0.45
+1.69
+0.45
–1.50
+2.28
+0.21
+1.79
+0.45
+0.86
+1.45
–0.01
+1.24
–0.10
–1.50
...
–3.30
–4.69
+0.42
–0.28
–5.25
+1.34
.13
.0399
.055
.14
.01
.03
...
...
...
...
...
.3061
...
.34
.0594
.2231
.1466
.155
...
.26
...
.21
.25
...
.07
.08
1.36
.22
...
.085
1.00
...
.02
.15
...
...
.345
.37
...
1.175
...
...
...
.18
.50
.70
.04
.4025
.27
...
.005
.08
.09
...
.15
.175
.4797
.7333
.13
.12
...
...
.0313
.492
...
22.00
.755
...
...
...
.72
.075
...
.11
...
...
.30
.25
...
.13
.36
...
.36
.45
.04
.045
...
.05
.68
.3248
.04
...
...
...
...
...
...
.225
3.5
3.1
2.1
4.7
2.9
12.5
...
13.1
...
...
1.2
.7
2.5
...
...
...
.1
...
3.0
2.1
...
16
cc
19
dd
25
cc
dd
11
23
27
41
44
27
39
35
20
44
26
25
21
dd
17.11
39.74
47.92
15.23
50.49
16.77
33.99
10.53
26.60
33.91
68.20
35.52
21.55
12.52
11.37
34.92
149.80
57.28
56.06
116.70
7.75
+0.03
+1.27
+0.33
–0.14
–1.38
+0.49
–1.21
–0.28
–1.04
–0.17
+1.90
+5.08
–1.65
+0.91
+0.78
–1.53
–7.15
+0.01
+0.22
–0.48
–0.35
.6004
.31
.25
.18
.36
.525
...
.345
...
...
.20
.0625
.2691
...
...
...
.0375
.414
.4217
.605
...
U
UBS
UDR
UGI
UMH
UTL
USAC
USM
USDP
USFD
USG
USPH
SLCA
UGP
UAA
UA
UFI
UNF
UN
UL
UNP
UIS
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
30.63
83.04
2.73
121.75
149.45
56.61
41.83
124.79
213.93
33.15
83.35
84.90
129.74
29.20
5.38
53.36
28.90
20.49
25.43
71.00
15.29
57.34
1.74
102.12
88.17
47.43
18.55
106.21
146.01
23.48
52.35
54.61
96.84
15.08
2.18
39.63
23.13
15.68
18.32
52.55
Unit
UnitedContinental
UnitedMicro
UPS B
UnitedRentals
US Bancorp
US Steel
UnitedTech
UnitedHealth
Univar
Universal
UniversalHealth
UniversalHealthB
UnivInsurance
UnvlTechInst
UnumGroup
UrbanEdgeProp
UrstadtBiddle
UrstadtProp A
UsanaHealth
9.12
71.95
112.91
5.61
1.43
237.77
11.72
18.71
82.19
51.00
4.49
58.76
12.82
0.40
165.20
24.98
73.14
108.78
22.13
68.84
35.58
21.63
68.07
26.90
72.36
21.48
62.60
54.83
44.95
8.43
42.74
61.85
37.95
52.50
15.49
22.55
25.45
41.29
128.39
21.20
26.60
6.09
122.21
32.23
9.04
90.29
6.37
42.96
136.82
7.44
48.05
75.17
2.75
0.68
153.66
6.85
8.31
60.35
38.95
2.13
41.15
10.61
0.05
135.75
18.31
54.38
76.29
18.70
47.01
20.47
11.55
39.10
17.85
57.95
15.10
20.35
42.80
29.91
3.17
23.06
42.05
30.42
2.80
7.79
14.45
15.10
12.36
68.82
13.65
2.95
2.55
74.85
16.10
5.74
71.90
2.61
33.53
108.95
VEREIT
VF
Visa
VOC Energy
VaalcoEnergy
VailResorts
Vale
ValeantPharm
ValeroEnergy
ValeroEnergyPtrs
Valhi
Validus
ValleyNatlBncp
ValleyNatlWt
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
156.08
3.69
68.67
125.55
86.89
41.82
71.99
16.17
24.16
93.81
22.45
80.50
56.46
91.69
8.11
28.00
10.97
33.96
74.20
82.87
199.78
167.94
71.05
84.19
7.09
57.50
54.47
36.82
68.88
23.46
208.89
59.99
26.45
78.17
15.78
76.15
103.36
57.50
57.04
11.18
47.82
67.44
22.70
96.15
26.25
6.55
27.05
96.10
1.42
54.24
97.26
61.03
24.82
55.97
8.39
12.37
69.20
16.11
56.90
27.93
65.28
0.30
15.10
6.71
28.52
48.78
66.40
133.35
134.08
59.15
32.60
3.16
44.04
9.88
29.03
31.26
17.18
119.69
49.27
16.15
60.62
6.95
48.95
76.87
49.20
42.32
9.43
36.79
45.33
18.39
52.45
20.00
2.10
22.17
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
WattsWater
Wayfair
WeatherfordIntl
WebsterFin
WeightWatchers
WeingartenRealty
WeisMarkets
Welbilt
WellCareHealth
WellsFargo
WellsFargo Wt
Welltower
WescoAircraft
WescoIntl
WestPharmSvcs
WestarEnergy
WestAllianceBcp
WesternAssetMort
WesternGasEquity
WesternGasPtrs
WesternUnion
WestlakeChem
WestlakeChemPtrs
WestmorelandRes
WestpacBanking
UNT
UAL
UMC
UPS
URI
USB
X
UTX
UNH
UNVR
UVV
UHT
UHS
UVE
UTI
UNM
UE
UBP
UBA
USNA
...
...
3.2
2.9
...
2.3
.7
2.4
1.4
...
3.9
3.5
.4
2.2
...
1.8
3.6
5.2
4.8
...
39
9
20
28
21
15
41
18
23
cc
39
23
13
11
dd
12
24
19
21
18
22.83
58.52
2.59
113.23
146.31
51.61
27.46
118.11
211.07
30.97
56.70
75.29
97.71
25.25
3.50
52.42
24.70
18.00
22.17
65.40
+2.82
–1.13
+0.05
–2.23
+1.60
–3.04
+0.42
–2.96
–1.80
+1.24
–1.75
+1.65
–3.90
+1.95
+0.15
–0.04
+0.66
–0.36
+0.21
+0.55
...
...
.0822
.83
...
.30
.05
.70
.75
...
.55
.66
.10
.14
...
.23
.22
.235
.265
...
6.7
2.6
.7
9.0
...
1.8
5.6
...
3.4
4.7
1.9
2.9
4.0
...
.9
.9
...
...
7.3
2.7
...
11.1
...
...
4.8
...
...
5.3
5.5
...
.5
.7
1.2
...
...
1.2
...
...
...
...
...
...
...
...
...
3.2
...
.1
.8
dd
29
41
9
22
47
10
4
18
14
39
dd
16
...
19
15
48
40
66
25
16
20
74
...
39
dd
dd
12
cc
0
22
15
21
dd
24
32
26
dd
28
0
dd
10
38
dd
cc
18
dd
dd
43
8.21
69.63
111.88
4.23
.88
232.04
10.07
15.38
81.37
40.72
4.30
52.42
11.03
.13
158.45
23.04
69.31
107.55
21.79
66.46
32.50
19.86
61.47
22.90
64.91
17.91
23.65
44.88
37.52
7.20
39.07
56.20
35.65
3.32
8.21
21.45
24.95
13.28
126.96
18.61
3.50
3.85
122.15
25.12
8.85
75.61
5.72
40.71
124.09
+0.29
+0.16
+0.52
+0.27
–0.06
–3.58
–0.02
+3.89
+0.49
–1.36
+0.19
+1.56
–0.62
–0.04
–0.50
–0.80
+0.47
+1.46
+1.10
–0.55
+0.98
–1.06
–0.15
–0.79
+0.81
–0.20
–8.25
–2.54
+1.67
–0.09
–2.48
+0.65
+0.15
–0.29
–0.12
–0.10
+0.30
–6.17
+1.34
–0.62
–0.80
+0.05
+4.21
–1.58
+0.82
+2.36
+0.67
–1.14
–2.34
.1375
.46
.195
.095
...
1.053
.2831
...
.70
.48
.02
.38
.11
...
.375
.049
...
...
.40
.45
...
1.0983
...
...
.775
...
...
.59
.1726
...
.05
.10
.1101
...
...
.0625
...
...
...
2.32
...
...
...
...
...
.60
...
.01
.25
26
6
22
63
24
42
47
dd
15
29
14
53
10
22
dd
...
9
cc
52
26
28
31
26
dd
dd
21
26
32
12
33
25
14
...
59
dd
16
40
23
18
16
23
35
44
20
14
dd
14
145.69
3.16
67.92
125.48
85.39
39.94
70.99
12.64
19.84
76.51
19.39
61.50
48.27
90.92
.44
27.18
7.35
32.85
69.29
81.32
193.21
165.05
70.35
61.57
4.07
52.29
44.29
32.71
34.77
21.04
200.55
53.81
20.77
68.12
8.60
62.30
101.65
53.77
53.42
9.64
37.19
45.64
20.14
92.99
22.05
3.17
24.64
–4.77
–0.02
–0.25
+4.12
–0.15
+0.60
+0.65
+0.24
+0.13
–0.52
+0.05
–1.05
–5.69
+1.24
–0.01
+0.42
+0.34
+0.41
–0.33
–0.38
–4.71
–0.65
+0.80
–5.93
+0.08
–2.67
–0.39
+1.51
–5.60
–0.95
–5.95
–2.54
–2.06
–0.03
–0.45
–0.35
+0.70
–0.23
–3.26
–0.29
–0.87
–0.86
+0.64
+7.22
–0.35
–0.21
–0.89
...
...
.52
...
.51
...
1.005
...
.06
.12
.25
...
...
.51
...
11.21
.25
.30
.14
.425
...
1.25
.19
...
...
.26
...
.385
.30
...
...
.39
...
.87
...
...
.14
.40
...
.31
.5375
.905
.175
.21
.3756
.1155
.7215
V
VER
VFC
V
VOC
EGY
MTN
VALE
VRX
VLO
VLP
VHI
VR
VLY
VLY.WS
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
WXYZ
WBC
WTI
WEC
WEX
WGL
WNS
WPC
WPX
WNC
WAB
WDR
WAGE
WD
WMT
WAC
HCC
WPG
WRE
WCN
WM
WAT
WSO
WTS
W
WFT
WBS
WTW
WRI
WMK
WBT
WCG
WFC
WFC.WS
HCN
WAIR
WCC
WST
WR
WAL
WMC
WGP
WES
WU
WLK
WLKP
WMLP
WBK
...
...
3.1
...
2.4
...
5.7
...
1.2
.6
5.2
...
...
2.2
...
.7
13.6
3.7
.8
2.1
...
3.0
1.1
...
...
2.0
...
4.7
3.5
...
...
2.9
...
5.1
...
...
.6
3.0
...
12.9
5.8
7.9
3.5
.9
6.8
14.6
5.9
November 13, 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
Tick
Div
Sym Yld P/E Last Chg. 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
41.20
25.00
17.47
8.48
22.34
4.87
36.83
67.61
69.40
21.66
13.74
65.81
155.14
27.02
31.52
185.39
5.24
87.82
4.24
20.50
9.70
55.95
198.29
23.66
79.38
7.68
54.34
41.69
33.18
6.00
5.75
22.46
27.79
5.66
33.25
33.00
67.03
15.95
30.40
29.29
9.29
40.75
2.08
184.44
25.10
15.53
81.50
12.25
95.00
10.69
4.20
59.50
27.48
10.34
2.50
66.25
55.75
6.89
2.95
7.39
12.94
72.73
9.05
1.25
15.48
37.50
26.75
3.30
71.64
31.23
20.25
34.00
49.49
2.61
14.73
2.58
34.30
149.34
34.80
254.19
1.72
63.40
40.45
182.25
12.40
32.70
26.30
34.83
5.67
14.45
62.95
147.63
23.93
29.95
24.31
17.58
6.03
5.60
17.30
2.81
11.93
47.13
51.20
14.75
10.57
42.23
86.09
20.65
24.75
98.71
2.96
49.50
0.50
14.65
4.35
43.66
103.53
17.75
35.55
2.90
27.88
23.07
24.36
3.60
1.55
8.29
4.26
3.15
20.20
13.60
35.12
11.85
21.80
13.50
3.76
29.90
1.32
98.00
18.93
6.01
23.50
7.65
49.20
3.04
2.40
30.40
19.11
2.81
0.53
35.20
24.70
0.98
1.65
1.82
8.60
39.24
2.02
0.05
9.58
15.97
14.97
1.35
44.65
8.10
7.78
17.61
26.68
1.50
7.18
0.83
8.60
96.18
25.50
88.56
1.04
46.80
27.75
111.54
8.66
22.71
17.65
19.10
4.50
9.96
39.34
35.98
14.81
AAON
ACADIA Pharm
ACI Worldwide
AC Immune
ACM Research
AGNC Invt
ALJ Regional
AMAG Pharm
AMC Networks
Amerisafe
A-MarkPrecMetals
ANGI Homesvcs
ANI Pham
Ansys
ARKRestaurants
ARRIS Intl
ASML
ATA
ATN Intl
AVEO Pharma
AVHomes
AXT
Abaxis
Abiomed
Ablynx
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
AllenaPharm
AllianceHldgsGP
AllianceResource
AlliedMotionTech
AllotComms
AllscriptsHlthcr
AlmostFamily
AlnylamPharm
Alpha&OmegaSem
AAON
ACAD
ACIW
ACIU
ACMR
AGNC
ALJJ
AMAG
AMCX
AMSF
AMRK
ANGI
ANIP
ANSS
ARKR
ARRS
ASML
ATAI
ATNI
AVEO
AVHI
AXTI
ABAX
ABMD
ABLX
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
ALNA
AHGP
ARLP
AMOT
ALLT
MDRX
AFAM
ALNY
AOSL
.8
...
...
...
...
11.0
...
...
...
1.3
2.1
...
...
...
4.1
...
.7
...
1.3
...
...
...
1.4
...
...
...
...
...
...
2.2
...
...
2.9
...
...
...
...
.5
...
...
...
...
...
...
...
1.7
...
...
8.7
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
13.6
...
...
...
.7
...
...
...
...
2.2
...
11.3
10.7
.3
...
...
...
...
...
36
dd
71
dd
...
5
11
dd
10
19
16
dd
cc
47
23
32
...
dd
dd
dd
22
36
39
96
dd
12
2
14
dd
26
dd
dd
43
dd
dd
dd
dd
cc
dd
dd
dd
dd
21
dd
57
23
dd
dd
3
16
dd
dd
30
dd
dd
dd
dd
52
dd
dd
dd
dd
dd
dd
...
...
dd
dd
dd
33
...
dd
34
62
dd
dd
dd
dd
51
44
76
dd
dd
25
14
...
8
5
36
dd
dd
43
dd
29
33.80
28.60
23.33
11.60
5.72
19.55
3.43
14.05
48.46
63.95
15.39
11.45
61.90
150.28
24.45
28.02
179.60
4.35
51.95
3.02
16.65
8.75
46.46
195.21
20.87
36.11
4.00
28.23
35.09
27.10
4.65
1.98
9.02
13.29
3.89
23.23
27.95
63.00
15.55
26.42
27.75
8.10
32.55
1.42
181.72
20.65
7.95
80.98
11.56
83.66
3.39
2.85
53.40
26.89
5.13
.77
62.00
43.77
1.53
2.00
4.59
11.84
62.05
5.11
.23
11.58
33.77
23.65
2.07
54.26
19.22
15.49
33.21
40.59
2.19
7.35
1.39
11.15
115.17
32.40
249.46
1.25
47.85
37.25
127.70
12.06
25.95
18.95
31.74
5.40
12.57
51.25
139.98
17.74
–0.65
–7.25
–0.17
+0.28
–0.33
–0.23
–0.11
+0.03
+0.96
–2.05
–0.16
–0.68
–0.07
+1.18
+0.14
–0.16
–4.98
–0.09
–0.48
–0.19
+0.57
–0.05
–1.03
+0.31
...
–0.71
–0.45
–1.72
–1.95
–1.78
–0.05
...
–0.86
–0.75
–0.16
–1.32
+0.25
–0.20
+0.05
–0.17
–0.25
–0.07
–2.00
–0.03
–0.58
–0.20
...
–0.01
–0.19
+0.46
+0.09
–0.40
–0.23
+1.01
+0.20
+0.01
–2.85
–6.58
–0.03
–0.23
–0.03
–0.12
–4.44
–0.27
–0.12
–1.09
+3.46
–0.84
–0.18
+1.25
+1.47
–2.31
+0.06
–5.36
–0.29
–1.49
–0.08
+0.20
–2.78
+0.80
+8.11
–0.09
–3.14
–1.40
–4.55
+2.27
–1.86
–0.70
–1.47
+0.06
–0.37
+0.30
+7.62
+0.33
.13
...
...
...
...
.18
...
...
...
3.50
.08
...
...
...
.25
...
1.3072
.41
.17
...
...
...
.16
...
...
...
...
...
...
.15
...
...
.065
...
...
...
...
.30
...
...
...
...
...
...
...
.09
...
...
.25
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.25
...
...
...
.06
...
...
...
...
.70
...
.735
.505
.025
...
...
...
...
...
52-Week
High Low
1063.62 743.59
1048.39 727.54
5.81 1.58
26.48 7.20
72.47 38.24
20.85 16.55
35.00 2.01
46.99 16.17
50.00 33.10
4.47 2.81
1135.54 710.10
27.25 13.17
15.50 5.06
65.78 40.06
67.98 56.10
65.91 38.00
400.99 315.62
6.25 5.10
54.48 39.21
43.00 28.41
131.99 110.43
25.01 12.92
27.20 17.40
51.10 34.30
15.99 12.30
12.54 9.00
8.55 2.89
107.30 69.65
47.75 30.20
51.28 40.05
4.25 3.25
191.10 138.83
16.60 4.41
12.48 8.32
21.75 12.05
15.45 3.99
28.48 10.27
14.84 1.86
92.96 64.11
95.85 66.00
74.00 15.17
27.50 23.70
44.90 30.53
18.85 14.80
60.29 41.64
20.24 1.20
14.90 13.15
61.00 40.03
21.88 3.55
6.82 5.69
52.25 19.65
28.65 14.60
176.24 104.08
10.85 3.25
57.34 28.24
103.41 21.88
4.33 1.93
24.50 10.77
3.85 1.15
19.97 10.68
5.49 0.95
8.63 4.97
8.25 2.35
34.45 16.95
102.60 79.86
18.55 12.43
16.30 4.05
28.97 11.30
17.87 15.38
27.25 17.33
69.03 56.15
5.68 0.13
5.00 2.80
1.68 0.92
13.40 6.54
40.49 29.81
5.01 1.20
43.22 27.93
8.19 1.65
42.00 18.74
20.81 8.87
3.10 2.20
68.32 48.08
10.35 6.15
73.37 45.70
41.03 23.95
15.65 11.00
23.00 11.80
158.66 90.11
20.79 11.21
4.35 3.04
20.20 15.20
9.10 6.41
24.13 16.55
3.49 2.14
68.70 45.45
20.60 12.15
Name
Alphabet A
Alphabet C
Alphatec
AlpineImmune
Altaba
AltairEngg
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
AngioDynamics
AnikaTherap
AntheraPharm
ApellisPharm
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
AscendisPharma
AscentCapital A
AsiaPacificWire
AspenTech
AstaFunding
AstecIndustries
Astronics
AstroNova
AtaraBiotherap
AthenaHealth
Athenex
AtlanticAmerican
AtlCapitalBcshs
AtlanticCoastFin
AtlanticaYield
Atlanticus
AtlasAir
AtlasFinancial
Tick
Sym Yld P/E
GOOGL ... 35
GOOG ... 34
ATEC ... dd
ALPN ... dd
AABA ... dd
ALTR ... ...
ALT ... 1
ASPS ... cc
AIMC 1.5 33
AMRN ... dd
AMZN ... cc
AMBC ... dd
AMBCW ... ...
AMBA ... 37
DOX 1.4 21
AMED ... 45
UHAL ... 22
ATAX 8.3 21
AAL .9 12
AMNB 2.6 19
ANAT 2.7 15
AOBC ... 8
APEI ... 20
ARII 4.2 14
AMRB 1.3 18
AMSWA 3.7 23
AMSC ... dd
AMWD ... 20
CRMT ... 17
ABCB .9 20
ASRV 1.5 14
AMGN 2.7 16
FOLD ... dd
AMKR ... 10
AMPH ... cc
ASYS ... cc
AFSI 6.6 dd
AMRS ... dd
ADI 2.0 43
ALOG .5 dd
ANAB ... dd
ANCB ... 22
ANDE 2.1 dd
ANGO ... cc
ANIK ... 25
ANTH ... dd
APLS ... ...
APOG 1.2 17
APEN ... ...
AINV 9.9 17
APPF ... cc
APPN ... dd
AAPL 1.4 19
AGTC ... dd
AMAT .7 20
AAOI ... 11
AREX ... dd
APTI ... dd
APVO ... dd
AQXP ... dd
ARLZ ... dd
PETX ... dd
ABUS ... dd
ARCB 1.0 34
ACGL ... 31
APLP 8.7 dd
ARDX ... dd
ARNA ... dd
ARCC 9.4 13
ARGX ... ...
AGII 1.8 35
ARGS ... dd
ARTX ... dd
ARQL ... dd
ARRY ... dd
AROW 2.9 17
ARWR ... dd
ARTNA 2.5 27
ASNA ... dd
ASND ... dd
ASCMA ... dd
APWC ... 9
AZPN ... 31
ASFI ... dd
ASTE .8 31
ATRO ... 32
ALOT 2.3 28
ATRA ... dd
ATHN ... cc
ATNX ... dd
AAME .6 31
ACBI ... 31
ACFC ... 23
ABY 4.4 76
ATLC ... dd
AAWW ... 52
AFH ... cc
Last
1044.15
1028.07
3.58
9.65
70.55
20.76
2.30
25.45
46.45
3.53
1125.35
13.81
5.50
56.45
62.52
56.25
369.67
6.05
45.82
37.60
120.02
13.59
24.55
37.77
14.97
11.91
3.68
89.00
42.40
45.80
3.95
172.35
12.89
10.99
18.55
13.11
10.30
3.31
89.59
80.00
66.50
24.95
30.55
16.70
54.01
1.86
14.00
46.69
4.26
6.06
41.90
22.60
174.67
3.78
56.36
45.30
2.37
22.14
3.02
10.88
1.70
7.05
6.15
31.95
95.35
13.05
5.75
26.75
16.20
24.15
60.00
.17
4.00
1.21
11.00
34.05
3.68
37.96
2.01
36.13
12.01
2.95
66.24
7.70
52.56
38.22
12.20
13.45
124.54
16.67
3.50
16.48
8.66
23.48
2.30
53.85
19.05
Div
Chg. Amt.
–5.84 ...
–4.41 ...
–0.21 ...
–0.41 ...
+0.32 ...
+1.39 ...
+0.11 ...
–0.18 ...
–1.30 .17
–0.07 ...
+13.75 ...
–2.30 ...
–1.74 ...
+0.60 ...
–1.03 .22
+1.45 ...
–16.99 1.00
–0.15 .125
–1.63 .10
–1.45 .24
–4.52 .82
–0.67 ...
+4.00 ...
–2.07 .40
+0.02 .05
–0.41 .11
–0.38 ...
–3.95 ...
+0.65 ...
–2.30 .10
–0.30 .015
–1.09 1.15
–1.54 ...
–0.17 ...
–0.57 ...
–0.87 ...
–2.25 .17
+0.10 ...
–2.22 .45
–0.30 .10
+1.53 ...
+0.05 ...
–6.20 .16
–0.53 ...
+0.25 ...
+0.08 ...
... ...
–1.52 .14
+0.01 ...
–0.03 .15
–3.90 ...
–0.06 ...
+2.17 .63
+0.38 ...
–0.19 .10
+7.48 ...
–0.07 ...
–1.26 ...
+0.24 ...
–0.54 ...
–0.10 ...
+0.51 ...
–0.35 ...
–1.05 .08
+0.85 ...
–0.17 .285
–0.05 ...
–1.81 ...
+0.21 .38
+0.94 ...
–1.40 .27
+0.03 ...
+0.05 ...
+0.14 ...
–0.13 ...
–1.30 .25
–0.03 ...
–2.90 .2352
+0.06 ...
+0.77 ...
+0.19 ...
+0.05 .10
–0.23 ...
+0.10 ...
+0.75 .10
+3.18 ...
–0.25 .07
–2.10 ...
–0.89 ...
–0.10 ...
–0.10 .02
+0.03 ...
+0.01 ...
+0.34 .26
–0.05 ...
–6.50 ...
–0.80 ...
52-Week
High Low
53.21 23.80
25.18 14.78
694.00 433.95
6.50 2.10
37.81 27.35
33.43 13.90
8.43 5.30
10.54 2.02
126.44 68.06
121.77 90.45
12.30 8.14
108.27 44.68
24.14 8.65
6.07 3.99
4.70 0.21
42.40 20.71
6.70 4.41
36.20 12.65
28.49 20.57
27.98 4.60
7.75 3.53
Name
Atlassian
AtriCure
Atrion
aTyrPharma
AuburnNatlBncp
AudentesTherap
AudioCodes
AuriniaPharm
Autodesk
ADP
AvadelPharm
AveXis
AviatNetworks
AvidTechnology
Avinger
AvisBudget
Aware
AxcelisTechs
AxonEnterprise
AxovantSciences
AxsomeTherap
Tick
Sym Yld P/E
TEAM ... dd
ATRC ... dd
ATRI .8 35
LIFE ... dd
AUBN 2.6 16
BOLD ... dd
AUDC ... 13
AUPH ... dd
ADSK ... dd
ADP 2.3 28
AVDL ... 11
AVXS ... dd
AVNW ... dd
AVID ... cc
AVGR ... dd
CAR ... 25
AWRE ... 41
ACLS ... 28
AAXN ... 81
AXON ... dd
AXSM ... dd
17.05
22.64
16.51
47.55
23.90
92.08
21.30
274.97
89.50
26.95
27.70
5.94
61.05
...
10.80
12.40
39.00
56.86
16.89
38.50
62.75
40.65
66.93
41.30
5.40
56.36
10.95
18.19
48.83
118.95
29.90
33.60
1.98
23.11
19.00
37.10
20.35
132.57
9.25
348.84
100.51
3.39
58.79
39.20
64.41
17.05
103.41
46.70
40.28
7.90
22.16
26.15
21.90
29.84
21.90
164.80
7.55
74.42
78.18
32.57
25.99
22.35
17.88
11.66
34.89
5.30
38.95
18.00
9.30
75.00
281.80
55.00
BCB Bancorp
BCommunications
BGC Partners
BJsRestaurants
BMC Stock
BOK Fin
B RileyFin
Baidu
Balchem
Baldwin&Lyons A
Baldwin&Lyons B
BallardPower
BancFirst
Bandwidth
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
BlackhawkNtwk
BlackLine
BlackRockCapInvt
BloominBrands
Blucora
BlueBird
BlueBuffaloPet
BlueHillsBncp
bluebirdbio
BlueknightEner
BlueprintMed
BobEvansFarms
BofI
BoingoWireless
Bojangles'
BostonPrivFin
BostonPrvtFnl Wt
Bottomline
BravoBrioRestr
BridgeBancorp
BridgfordFoods
Brightcove
BrighthouseFin
Broadcom
BroadSoft
BCBP
BCOM
BGCP
BJRI
BMCH
BOKF
RILY
BIDU
BCPC
BWINA
BWINB
BLDP
BANF
BAND
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
HAWK
BL
BKCC
BLMN
BCOR
BLBD
BUFF
BHBK
BLUE
BKEP
BPMC
BOBE
BOFI
WIFI
BOJA
BPFH
BPFHW
EPAY
BBRG
BDGE
BRID
BCOV
BHF
AVGO
BSFT
Last
52.40
18.60
633.55
3.95
34.80
25.29
6.88
5.77
123.11
111.09
9.19
95.79
13.52
5.10
.30
33.46
4.50
33.80
21.16
5.34
4.95
Div
Chg. Amt.
+1.41 ...
–1.59 ...
–28.45 1.20
–0.50 ...
–0.45 .23
+0.27 ...
–0.02 ...
–0.05 ...
–1.74 ...
–1.15 .63
–0.72 ...
–8.74 ...
–2.32 ...
+0.84 ...
–0.02 ...
–7.51 ...
–0.05 ...
–1.40 ...
–2.25 ...
+0.08 ...
+0.05 ...
14.10
16.09
15.06
31.20
22.60
82.54
16.50
237.40
82.82
23.15
23.00
5.11
51.40
21.19
10.10
11.30
32.71
43.06
15.29
33.51
54.62
32.86
64.53
38.25
4.45
54.87
10.28
9.90
20.02
84.22
21.87
25.75
1.38
10.38
15.55
25.85
6.50
124.24
4.82
310.44
82.03
2.11
43.63
24.30
53.66
3.20
99.43
35.50
36.12
6.88
16.98
20.05
19.35
27.18
20.05
151.75
5.45
68.32
77.44
24.61
22.37
12.15
15.05
9.65
33.37
2.15
33.30
12.80
7.35
56.58
264.96
54.75
–0.05
+0.10
–0.10
–0.35
+1.60
–4.28
–0.05
–4.14
–0.42
–0.08
–0.10
–0.53
–3.30
...
–0.40
–0.40
–0.84
–3.23
–0.57
–3.08
–2.97
+1.64
+4.12
–0.05
–0.20
+0.42
+0.02
+0.15
+0.46
–6.01
–2.08
–2.55
–0.02
+0.26
–0.75
+0.63
–0.05
–5.05
+0.14
–3.70
–2.10
+0.04
–0.94
–4.00
–0.35
+0.23
–1.04
+0.45
+1.82
–0.23
–0.32
–0.90
–1.15
–0.06
–1.25
–4.50
–0.30
–5.67
+0.17
–1.87
–2.73
–0.55
–0.65
–0.35
–0.93
+0.10
–1.90
–0.30
–0.40
–1.24
–8.67
–0.20
B
11.33
12.20
9.21
28.00
17.45
73.44
13.55
159.54
71.95
21.41
21.20
1.61
40.00
...
8.25
7.35
29.43
40.15
13.13
25.54
46.92
10.87
44.52
23.38
3.80
39.57
8.66
4.75
19.07
26.43
18.80
21.65
0.43
7.41
14.30
22.30
6.00
95.68
3.95
244.28
79.50
0.98
41.95
17.27
40.00
2.85
59.54
32.60
22.39
6.80
16.11
13.00
13.86
21.51
16.15
53.50
5.30
25.08
42.69
21.60
10.46
11.60
13.95
8.04
21.52
1.65
28.88
10.50
5.40
52.75
160.62
33.85
4.0
...
4.8
1.4
...
2.2
1.9
...
.5
4.7
4.7
...
1.6
...
2.2
1.1
...
1.7
2.1
.8
1.8
...
1.5
1.2
...
...
1.2
1.8
3.0
...
1.1
1.1
...
...
1.5
...
9.2
1.0
...
...
...
...
...
...
...
15.0
.5
...
...
10.5
1.9
...
...
...
3.0
...
10.6
...
1.8
...
...
...
2.9
...
...
...
2.8
...
...
...
1.5
...
15
dd
32
21
30
17
11
31
42
53
52
dd
19
...
30
17
14
15
27
17
19
cc
22
22
dd
33
18
5
5
dd
24
25
dd
dd
33
dd
7
64
dd
19
dd
dd
27
19
13
dd
91
dd
dd
26
22
17
30
31
25
dd
dd
dd
dd
12
dd
14
18
...
dd
dd
18
14
dd
...
cc
dd
.14
...
.18
.11
...
.45
.08
...
.38
.27
.27
...
.21
...
.055
.03
...
.185
.08
.07
.25
...
.25
.35
...
...
.03
.045
.15
...
.06
.07
...
...
.06
...
.15
.32
...
...
...
...
...
...
...
.12
.12
...
...
.18
.08
...
...
...
.15
...
.145
...
.34
...
...
...
.11
...
...
...
.23
...
...
...
1.02
...
FIVE-DAY NASDAQ COMPOSITE
Action! Disney considered buying the 21st Century Fox movie studio.
Roku rocked its first quarter as a public company. The Nasdaq Composite Index ended Friday at 6,751—down 0.2% for the week.
Monday
Tuesday
Wednesday
Thursday
+21.34
-39.07
Friday
6800
6770
(Prev Fri's
Close)
6740
6710
+22.00
6680
10
12
-18.65
2
52-Week
High Low
5.95 3.57
12.72 11.43
17.45 13.60
34.77 14.18
35.16 21.03
45.45 32.90
6.35 3.80
175.10 95.00
18.82 10.07
2.29 0.42
Name
Broadvision
BrocadeComm
BrooklineBcp
Brooks Auto
Bruker
BrynMawrBank
Bsquare
BuffWildWngs
BuildersFirstSrc
BurconNutraScience
16.25
36.54
60.58
2.35
30.50
29.84
67.49
71.53
49.50
81.35
20.45
141.07
10.80
29.76
5.10
44.29
25.00
51.34
13.54
11.53
50.00
55.48
25.25
98.95
44.67
13.60
44.00
3.72
46.15
24.69
76.85
19.40
20.05
29.70
9.95
31.89
45.43
7.96
19.09
13.40
99.25
45.00
26.01
4.00
17.76
14.65
17.04
22.35
28.50
27.00
33.11
Cadiz
CA
C&F Fin
CBAK Energy
CB FinSvcs
CBTX
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
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
4pm 10
12
Tick
Sym Yld P/E
BVSN ... dd
BRCD 1.7 cc
BRKL 2.5 19
BRKS 1.5 33
BRKR .5 34
BMTC 2.1 19
BSQR ... dd
BWLD ... 31
BLDR ... 25
BUR ... dd
2
4pm 10
Last
4.05
12.62
14.60
26.29
31.83
42.10
5.15
118.85
18.46
.47
Div
Chg. Amt.
+0.15 ...
+0.37 .055
–0.75 .09
–7.80 .10
–1.51 .04
–1.75 .22
+0.18 ...
+1.90 ...
+0.81 ...
–0.03 ...
12.90
32.45
57.30
1.85
29.65
29.12
63.40
67.26
46.00
80.33
17.70
137.88
8.70
26.89
.91
44.06
17.45
43.50
5.49
10.96
46.20
50.08
22.52
97.14
44.04
12.50
24.25
1.74
44.05
21.20
71.15
13.30
16.45
27.75
8.85
21.23
41.74
5.95
17.79
13.25
85.20
39.20
22.81
3.26
17.32
7.67
13.35
19.32
13.26
22.30
23.73
+0.10
–0.20
–1.30
...
–0.85
+0.41
–1.34
–2.78
+0.90
+0.89
+0.80
–2.18
+0.05
–1.66
–0.16
–0.01
–1.60
–0.18
+0.77
–0.09
–3.15
–1.23
–1.35
–0.29
+0.14
–0.45
+0.85
...
–0.35
–0.49
–0.30
–1.70
–0.75
–0.85
–0.60
–0.97
–1.42
+0.45
–1.00
+0.42
+3.30
–1.60
–1.56
–0.01
–0.04
–0.41
–0.30
–0.33
+0.93
–1.70
–0.70
CD
7.75
30.01
41.40
1.20
23.00
27.20
54.56
44.54
28.35
63.41
15.10
111.19
8.40
20.27
0.86
30.43
11.63
35.48
4.12
8.25
29.90
33.79
19.23
56.42
24.15
6.85
23.10
1.67
33.40
13.83
48.75
12.55
2.90
15.15
3.40
9.26
35.04
2.82
10.36
9.80
65.15
35.00
15.55
2.80
13.94
7.63
13.14
16.00
8.61
15.04
23.00
CDZI
CA
CFFI
CBAK
CBFV
CBTX
CDK
CDW
CEVA
CHRW
CMCT
CME
CMFN
CCNE
PMTS
CRAI
CRSP
CSGS
CCLP
CSPI
CSWI
CSX
CVBF
CCMP
CDNS
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
...
3.1
2.3
...
3.0
...
.9
1.2
...
2.2
2.8
1.9
11.5
2.5
19.7
1.5
...
1.8
13.7
4.0
...
1.6
2.5
.8
...
...
...
...
...
...
1.3
3.5
...
...
...
...
2.2
9.4
...
1.8
1.9
1.2
1.2
9.8
5.5
13.0
2.5
...
...
...
...
dd
19
15
dd
16
...
31
25
53
24
4
31
5
16
dd
32
dd
24
dd
27
39
26
22
29
47
dd
18
dd
dd
cc
34
12
dd
dd
dd
...
15
16
40
20
24
25
27
12
10
70
22
62
dd
dd
dd
...
.255
.33
...
.22
...
.14
.21
...
.45
.125
.66
.25
.165
.045
.17
...
.1975
.1875
.11
...
.20
.14
.20
...
...
...
...
...
...
.95
.46
...
...
...
...
.23
.14
...
.06
.41
.12
.07
.08
.24
.0833
.29
...
...
...
...
12
2
4pm 10
52-Week
High Low
56.00 16.11
6.69 0.76
12.59 7.62
19.86 13.36
35.00 25.85
24.85 14.85
43.96 11.10
17.55 9.90
7.80 3.18
20.90 11.15
126.49 99.76
74.83 58.10
5.51 1.08
42.64 32.90
22.33 13.62
157.80 88.65
77.50 52.35
116.56 66.99
14.88 5.40
147.17 94.55
1.61 1.00
5.02 2.20
35.07 16.09
15.45 5.05
64.75 16.73
27.78 19.66
4.85 2.25
40.48 25.91
38.81 24.72
20.68 8.39
89.30 48.45
7.79 0.91
4.23 1.64
73.86 47.01
5.91 1.93
44.55 21.13
45.90 31.25
408.83 258.63
119.20 80.78
67.14 38.34
21.90 11.85
55.55 43.61
10.80 6.13
48.92 29.10
11.75 1.66
2.95 1.25
13.26 6.79
125.30 77.85
6.64 4.28
125.99 72.21
4.45 1.32
2.30 1.18
49.49 10.81
142.80 43.47
3.60 1.45
5.10 3.85
3.42 0.72
21.99 13.94
218.05 137.01
35.30 18.00
11.85 5.60
121.06 78.80
81.98 68.24
3.00 1.11
152.83 106.99
12
Name
Cardtronics
CareDx
CareerEducation
CareTrustREIT
CarGurus
Carlyle
CarrizoOil
CarrolsRestr
CascadianTherap
CasellaWaste
CaseysGenStores
CassInfoSys
CatabasisPharm
CathayGenBncp
CathayGenBncpWt
CavcoIndustries
Cavium
CboeGlobalMkts
CECO Env
Celgene
Celgene Rt
CelldexTherap
Cellectis
CellularBiomed
Celyad
CenterStateBank
CentralEurMedia
CentralGarden
CentralGardenA
CenturyAluminum
CenturyBancorpA
Cenveo
Ceragon
Cerner
Cerus
Changyou.com
ChartIndustries
CharterComms
CheckPointSftw
Cheesecake
ChefsWarehouse
ChemicalFin
ChemoCentryx
ChemungFinl
Cherokee
Chiasma
ChickenSoupEntA
Children'sPlace
Chimerix
ChinaBiologic
ChinaFinance
ChinaHGSRealEst
ChinaInternet
ChinaLodging
ChinaTechFaith
ChinaXDPlastics
ChinaCache
ChipMOSTechs
ChurchillDowns
Chuy's
CidaraTherap
Cimpress
CincinnatiFin
Cinedigm
Cintas
2
+0.89
4pm 10
Tick
Sym Yld P/E
CATM ... dd
CDNA ... dd
CECO ... dd
CTRE 4.0 40
CARG ... ...
CG 10.5 12
CRZO ... 13
TAST ... 16
CASC ... dd
CWST ... dd
CASY .9 27
CASS 1.5 27
CATB ... dd
CATY 2.1 16
CATYW ... ...
CVCO ... 32
CAVM ... dd
CBOE .9 62
CECE 5.0 dd
CELG ... 24
CELGZ ... ...
CLDX ... dd
CLLS ... dd
CBMG ... dd
CYAD ... dd
CSFL .9 20
CETV ... ...
CENT ... 27
CENTA ... 26
CENX ... dd
CNBKA .6 19
CVO ... dd
CRNT ... 9
CERN ... 32
CERS ... dd
CYOU ... 17
GTLS ... dd
CHTR ... cc
CHKP ... 22
CAKE 2.6 16
CHEF ... 32
CHFC 2.2 20
CCXI ... dd
CHMG 2.2 18
CHKE ... dd
CHMA ... dd
CSSE ... ...
PLCE 1.4 16
CMRX ... dd
CBPO ... 23
JRJC ... dd
HGSH ... 24
CIFS ... ...
HTHT ... 68
CNTF ... 5
CXDC ... 4
CCIH ... dd
IMOS ... 7
CHDN .7 29
CHUY ... 25
CDTX ... dd
CMPR ... dd
CINF 2.7 24
CIDM ... dd
CTAS 1.1 34
12
Last
17.26
5.82
12.35
18.65
28.97
21.25
20.06
10.90
4.06
19.38
115.44
62.76
1.82
39.31
21.11
145.35
77.35
114.45
5.96
102.34
1.07
2.73
25.06
10.70
53.49
25.53
4.45
35.58
34.47
14.34
83.95
.98
1.69
65.31
3.60
37.33
44.34
338.44
102.51
44.31
16.80
51.72
7.49
46.66
1.90
2.03
8.32
113.50
4.90
87.31
2.13
1.63
49.30
125.97
2.68
4.85
1.08
18.58
212.40
22.75
7.80
119.16
73.40
1.33
146.10
2
4pm
Div
Chg. Amt.
–0.29 ...
+0.04 ...
+0.40 ...
–0.71 .185
–2.47 ...
–1.30 .56
+1.02 ...
–0.05 ...
–0.28 ...
+0.04 ...
–1.22 .26
–1.81 .24
–0.17 ...
–2.46 .21
–0.24 ...
–6.55 ...
+9.08 ...
–0.57 .27
–2.60 .075
+2.30 ...
–0.11 ...
+0.24 ...
–1.59 ...
–0.05 ...
–4.02 ...
–1.10 .06
... ...
–1.55 ...
–1.50 ...
+0.53 ...
–1.15 .12
–0.20 ...
–0.39 ...
–0.12 ...
+0.08 ...
–1.00 ...
+0.03 ...
+3.01 ...
–3.14 ...
+0.85 .29
–4.10 ...
–1.01 .28
+0.30 ...
–1.09 .26
–0.20 ...
–0.08 ...
+0.29 ...
+5.15 .40
–0.17 ...
+9.75 ...
–0.17 ...
+0.42 ...
+10.35 ...
+2.81 .64
+0.49 ...
–0.05 ...
... ...
–2.12 .1966
–0.80 1.52
+0.35 ...
–0.30 ...
+0.04 ...
+0.83 .50
+0.05 ...
–2.27 1.62
New York Stock Exchange Composite List
52-Week
High Low Name
61.60
71.00
36.48
23.06
202.99
948.94
14.78
28.21
18.83
16.48
57.75
57.69
3.84
29.94
47.47
51.41
28.62
16.94
159.71
821.15
10.80
3.97
11.81
10.36
49.00
46.53
1.45
16.37
WestRock
Westwood
Weyerhaeuser
WheatonPrecMetals
Whirlpool
WhiteMtnIns
WhitestoneREIT
WhitingPetrol
WideOpenWest
WildHorseResource
Wiley A
Wiley B
Willbros
WilliamLyonHomes
Tick
Div
Sym Yld P/E Last Chg. Amt.
WRK
WHG
WY
WPM
WHR
WTM
WSR
WLL
WOW
WRD
JW.A
JW.B
WG
WLH
2.9
4.2
3.4
1.8
2.7
.1
7.9
...
...
...
2.3
2.3
...
...
36
22
32
30
15
cc
83
dd
...
...
35
35
dd
18
58.66
64.02
36.14
20.14
162.05
887.87
14.42
25.74
11.95
15.97
55.90
56.00
1.47
28.28
–1.29
–0.46
+0.43
–0.33
–1.81
+1.07
+0.55
+19.23
–0.43
+2.72
+0.85
+1.14
–1.50
+0.92
.43
.68
.31
.09
1.10
1.00
.095
...
...
...
.32
.32
...
...
52-Week
High Low Name
32.69
42.32
56.94
49.90
6.40
29.62
53.50
23.70
47.49
27.62
62.44
110.74
47.27
20.99
27.65
33.12
42.68
24.15
4.50
20.94
30.62
12.15
26.59
17.59
40.82
68.61
35.70
14.99
Williams
WilliamsPartners
Williams-Sonoma
Winnebago
Wipro
WolverineWwide
WooriBank
Workiva
WorldFuelSvcs
WW Ent
WorthingtonInds
Wyndham
XL Group
XO Group
Tick
Div
Sym Yld P/E Last Chg. Amt.
WMB
WPZ
WSM
WGO
WIT
WWW
WF
WK
INT
WWE
WOR
WYN
XL
XOXO
4.2
6.5
3.1
.8
.6
.9
...
...
.9
1.8
2.0
2.2
2.2
...
50
24
14
21
30
46
8
dd
77
61
15
19
...
57
28.62
37.16
50.25
48.45
5.03
27.75
41.58
22.35
26.81
27.30
41.68
106.07
39.71
18.76
+0.36
+0.71
+0.38
–0.60
–0.10
+1.16
–2.57
–0.55
–1.60
+0.92
–3.32
–2.84
–0.33
–0.45
.30
.60
.39
.10
.0149
.06
...
...
.06
.12
.21
.58
.22
...
52-Week
High Low Name
74.87
50.57
22.30
7.75
39.08
6.38
67.64
26.48
3.65
48.17
15.11
3.70
53.50
81.65
39.20
38.20
15.98
3.94
25.84
4.26
46.67
15.00
2.21
26.93
11.12
1.79
19.85
60.34
XPO Logistics
XcelEnergy
XeniaHotels
XeriumTech
Xerox
XinyuanRealEst
Xylem
YPF
YamanaGold
Yelp
Yext
YingliGreenEner
Yirendai
YumBrands
Tick
Div
Sym Yld P/E Last Chg. Amt.
XPO
XEL
XHR
XRM
XRX
XIN
XYL
YPF
AUY
YELP
YEXT
YGE
YRD
YUM
...
2.9
5.1
...
3.4
6.6
1.1
1.0
.7
...
...
...
...
1.5
60
21
17
dd
dd
7
39
dd
dd
cc
...
dd
13
25
72.10
50.20
21.68
4.00
29.17
6.03
66.25
23.32
2.68
45.98
12.44
2.25
42.71
79.59
–1.15
+0.61
–0.15
–0.26
+0.11
+0.36
–0.32
–1.29
+0.10
–0.09
+0.43
...
+0.90
+0.68
...
.36
.275
...
.25
.10
.18
.1127
.005
...
...
...
1.50
.30
52-Week
High Low Name
43.55
6.06
18.08
36.79
35.89
133.49
27.41
70.48
14.25
25.50
3.11
11.14
29.30
19.77
95.63
10.77
48.24
6.25
Tick
Div
Sym Yld P/E Last Chg. Amt.
YumChina
YuMe
ZTO Express
ZayoGroup
Zendesk
ZimmerBiomet
Zoe'sKitchen
Zoetis
Zymeworks
YUMC
YUME
ZTO
ZAYO
ZEN
ZBH
ZOES
ZTS
ZYME
...
3.1
...
...
...
.9
...
.6
...
28
17
40
92
dd
35
dd
39
dd
41.73
3.81
17.61
34.02
35.27
110.75
12.50
69.13
6.87
–0.08
–0.05
+1.03
–0.38
+1.30
+1.50
+0.26
+0.44
–1.13
.10
.03
...
...
...
.24
...
.105
...
NYSE ARCA
21.70 19.11 EmpireStateReal250 FISK 2.1 ... 20.37 +0.37 .105
52-Week
High Low Name
21.82
21.86
25.30
25.67
25.53
17.34
18.42
33.07
9.74
12.00
81.00
11.93
20.89
14.77
18.35
24.71
24.86
24.86
11.88
12.90
22.30
5.86
8.65
59.21
9.15
15.45
EmpireStateReal60
EmpireStateRealES
NationwideMaxDivUS
NationRiskBaseIntl
NationRiskBasedUS
USBrentOilFd
USDieselHeatingOil
USGasolineFd
US NatGas
UnitedStatesOilFd
US ShortOilFd
US12mthNtlGas
US12moOilFd
Tick
Div
Sym Yld P/E Last Chg. Amt.
OGCP
ESBA
MXDU
RBIN
RBUS
BNO
UHN
UGA
UNG
USO
DNO
UNL
USL
2.1
2.1
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
20.43
20.45
25.30
25.47
25.38
17.10
18.23
32.94
6.61
11.42
60.08
10.15
20.00
+0.58 .105
+0.51 .105
+0.24 ...
–0.09 ...
+0.06 ...
+0.39 ...
+0.47 ...
+0.70 ...
+0.49 ...
+0.24 ...
–1.37 ...
+0.39 ...
+0.56 ...
M22
BARRON’S
November 13, 2017
Nasdaq Issues
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
71.97
34.75
22.73
14.43
24.25
26.61
87.99
74.90
7.95
3.83
21.60
24.73
18.95
17.70
99.45
21.35
249.54
7.95
33.46
54.85
6.30
138.18
76.51
310.10
29.59
26.17
28.83
18.02
60.75
14.55
45.68
67.60
41.50
42.18
60.61
24.53
22.50
10.43
42.75
5.40
0.05
51.35
10.65
64.60
6.80
36.15
6.33
22.90
9.40
19.11
3.52
7.10
10.16
8.20
54.47
64.15
27.40
32.90
30.23
13.50
6.05
34.10
36.76
44.12
11.37
44.25
61.20
22.14
302.12
183.18
35.89
37.73
30.61
18.25
175.04
20.00
22.55
299.92
37.43
23.69
56.00
10.80
16.38
60.65
7.90
3.72
44.40
56.25
41.18
17.15
65.73
17.20
24.67
50.57
6.30
66.50
23.27
14.20
42.00
11.12
73.48
10.95
9.00
24.50
18.80
67.95
21.56
38.75
30.10
8.42
5.00
2.89
88.80
219.90
114.93
1131015
8.48
14.15
41.75
5.68
22.65
35.36
30.80
30.25
29.18
5.21
49.05
29.12
15.54
11.09
16.77
22.75
66.29
56.36
5.00
1.98
11.00
5.44
15.05
15.21
31.64
14.42
157.21
3.60
19.91
35.75
3.05
53.50
51.35
120.70
10.00
11.26
18.53
7.37
34.20
10.00
35.67
51.56
22.87
32.30
51.22
13.24
13.14
4.75
30.95
3.41
...
38.43
8.30
47.61
2.50
21.60
4.00
9.65
1.73
7.11
0.47
4.63
3.22
6.00
39.74
50.00
20.20
7.75
14.17
9.80
3.66
10.08
26.41
26.08
2.67
32.88
31.00
8.27
179.22
145.38
20.75
22.50
15.86
12.00
141.75
12.00
16.10
182.50
20.50
13.59
35.00
5.93
11.07
39.71
4.95
1.20
13.70
39.34
11.35
10.19
38.80
9.80
10.03
21.84
3.00
46.07
11.60
9.80
24.00
7.84
44.55
4.00
3.70
16.11
11.70
52.54
4.31
21.35
20.35
1.02
1.46
1.66
42.62
180.48
82.77
1.56
2.42
8.50
24.20
1.90
17.50
20.70
19.80
16.20
15.25
3.25
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
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
DBVTechnologies
DHX Media VV g
DISH Network
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
Diodes
DiscoveryComm B
DiscoveryComm A
DiscoveryComm C
DixieGroup
Tick
Div
Sym Yld P/E Last Chg. Amt.
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
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
DBVT
DHXM
DISH
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
DIOD
DISCB
DISCA
DISCK
DXYN
...
3.4
1.5
1.2
.9
4.1
...
2.7
...
...
...
...
...
1.4
...
1.1
.5
...
1.8
4.2
...
.3
.8
...
...
1.0
5.4
...
.2
.7
2.1
1.2
.4
1.7
1.6
...
...
...
...
4.3
...
2.9
1.6
...
...
1.4
...
2.0
...
...
...
...
...
...
1.6
1.9
1.2
...
10.9
2.6
...
...
...
1.4
...
...
...
...
...
1.2
.8
...
...
...
3.1
...
...
...
...
2.1
...
...
...
...
...
...
...
...
...
2.6
2.7
...
...
...
2.1
...
.4
...
...
2.8
...
...
...
...
...
.5
...
...
...
...
...
10.4
...
...
...
...
...
...
...
8.8
2.8
...
...
...
...
...
14
18
23
27
14
18
29
17
dd
dd
32
dd
...
56
dd
22
46
dd
19
cc
dd
50
23
37
dd
25
21
dd
39
14
19
22
44
18
20
75
70
51
34
dd
...
17
15
cc
dd
62
33
29
dd
5
dd
2
dd
dd
89
30
27
dd
dd
57
5
60
22
33
dd
dd
33
dd
90
28
17
dd
43
72
18
cc
52
15
dd
32
30
dd
...
80
dd
dd
54
71
16
dd
dd
dd
dd
...
dd
24
dd
98
27
34
19
dd
dd
...
29
dd
dd
dd
89
dd
dd
34
dd
14
27
dd
dd
29
dd
dd
20
53
12
9
8
dd
56.69
33.99
21.38
13.21
23.21
23.55
84.22
65.50
7.35
2.09
12.40
7.30
17.00
16.91
66.95
20.11
195.87
6.25
30.54
45.50
4.25
136.36
74.26
308.97
10.05
24.84
26.12
14.09
59.45
13.85
42.27
62.52
37.14
36.85
55.18
20.94
19.64
9.99
33.79
3.76
.01
46.10
10.30
54.30
2.58
28.10
5.02
19.57
4.22
17.53
.54
6.13
3.68
6.25
49.79
61.16
25.75
30.40
14.21
11.40
4.16
31.84
35.85
29.28
10.25
34.76
55.25
12.79
296.68
171.36
29.20
33.39
28.00
14.40
154.64
19.70
19.25
283.35
34.45
21.48
35.22
10.56
12.22
45.67
7.56
1.23
42.45
44.84
15.55
16.97
61.80
12.55
19.75
22.49
3.10
50.81
21.80
12.70
26.61
9.94
48.84
4.15
5.38
17.40
13.15
65.58
6.42
24.81
30.10
2.77
1.95
2.69
50.74
206.88
111.86
10.88
8.04
10.00
35.50
2.50
19.90
31.79
22.25
17.19
16.12
3.85
+0.27
–0.48
+0.15
–0.79
–0.48
–0.46
–0.68
–4.65
+0.30
+0.03
–1.55
+0.35
+0.10
–0.58
–6.64
–0.23
–28.32
–0.10
–0.88
+2.90
–0.50
+3.48
–0.01
+49.10
–1.90
+0.42
–0.70
+4.27
+0.25
–0.40
–1.95
+0.73
–1.13
+1.17
–2.67
–1.08
–1.41
+1.67
+0.28
–0.44
...
–2.35
–0.17
+1.05
–0.33
–0.95
+0.01
–1.08
–0.22
+0.30
...
–0.09
+0.16
+0.04
–3.58
–1.86
–1.35
–0.15
–1.85
–0.40
–0.22
+0.31
–0.56
–4.56
–0.96
–3.19
–2.20
–1.76
+0.90
+4.92
–1.91
–1.64
–1.18
...
–1.43
+2.20
+0.20
+2.56
+0.37
–1.32
–2.45
+1.42
+0.11
–0.73
+0.07
–0.33
+2.15
+0.23
+1.25
+0.87
–0.20
–1.05
–0.48
–0.73
...
+2.74
+0.80
–0.75
–0.18
+0.22
+2.31
–0.02
+0.38
–1.61
–0.70
+0.78
+1.44
–4.27
+0.95
+0.38
–0.08
–0.02
+1.62
–5.21
+0.71
–0.33
+0.26
+0.20
–1.15
+0.05
–0.85
–2.69
–1.30
+0.67
+0.73
+0.20
...
.29
.08
.16
.10
.24
...
.44
...
...
...
...
...
.06
...
.055
.25
...
.135
.48
...
.09
.15
...
...
.06
.35
...
.05
.025
.22
.19
.04
.1575
.225
...
...
...
...
.04
...
.33
.04
...
...
.10
...
.10
...
...
...
.12
...
...
.20
.2975
.075
...
.3874
.075
...
...
...
.10
...
...
...
...
...
.50
.06
...
...
...
1.20
...
...
...
...
.4465
...
...
...
...
...
...
...
...
...
.11
.42
...
...
...
.0162
...
.02
...
...
.07
...
...
...
...
...
.0875
...
...
...
...
...
.07
...
7.00
...
...
...
...
...
.055
.14
...
...
...
...
...
52-Week
High Low Name
95.64
18.55
20.55
19.30
88.50
29.99
38.19
60.66
2.17
65.63
14.49
13.35
13.90
62.64
16.98
16.01
48.53
0.74
Tick
Div
Sym Yld P/E Last Chg. Amt.
DollarTree
DonegalGroup A
DonegalGroup B
DorchesterMnls
DormanProducts
DovaPharm
DuluthHoldings
Dunkin'
Durect
DLTR
DGICA
DGICB
DMLP
DORM
DOVA
DLTH
DNKN
DRRX
...
3.3
3.1
7.3
...
...
...
2.3
...
24
30
31
16
20
...
30
25
dd
95.06
17.18
15.91
15.60
66.61
23.13
17.67
56.54
.96
+1.31
–0.11
+0.15
+0.80
–2.20
–1.82
–0.33
–2.42
+0.01
...
.14
.1225
.2847
...
...
...
.3225
...
...
3.0
2.3
...
...
...
...
1.8
...
...
1.4
1.7
...
.4
...
...
...
3.8
...
...
...
...
...
...
...
7.2
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.2
...
...
...
...
...
...
...
.7
...
...
...
...
1.6
1.0
...
...
...
1.7
...
1.9
2.6
...
3.6
...
6.2
...
...
...
...
...
...
...
...
...
...
...
1.0
1.4
1.2
...
...
...
...
...
18
23
20
dd
dd
cc
15
dd
9
16
21
5
24
dd
dd
45
33
dd
dd
dd
14
dd
dd
dd
26
dd
46
...
26
dd
dd
30
49
3
25
1
dd
dd
14
19
dd
dd
dd
dd
cc
...
dd
26
13
21
33
dd
18
17
dd
dd
20
cc
24
dd
30
dd
18
dd
dd
cc
24
4
dd
dd
dd
dd
cc
53
29
dd
48
25
35
10
dd
cc
23
2.92
29.72
15.54
42.92
.81
1.14
4.30
19.70
4.44
55.30
56.66
26.15
35.97
74.45
4.47
23.85
55.69
10.55
9.81
6.51
24.38
13.85
.86
24.55
10.90
15.17
13.50
10.10
2.46
146.09
28.65
22.76
112.75
30.63
.68
7.45
3.47
22.05
47.97
48.90
44.90
6.93
5.33
5.06
7.90
9.48
8.83
1.97
23.20
219.85
26.75
31.60
15.90
34.01
42.25
11.80
14.25
76.20
482.21
33.15
6.01
122.68
24.75
12.95
48.53
9.02
16.72
90.70
2.15
28.04
9.15
3.70
24.24
41.85
25.85
61.30
10.32
120.74
59.85
71.05
60.05
15.95
11.24
9.90
...
–0.10
–0.58
–1.10
–0.28
–0.02
+0.20
–0.15
+0.01
–0.02
–3.06
–3.45
–1.53
+5.60
–0.30
+0.65
+3.21
–0.95
–0.94
...
–0.55
+0.85
–0.08
–2.95
–0.50
–0.19
–0.40
+0.30
+0.01
–3.95
+0.65
+0.73
–0.45
–0.63
–0.08
–0.15
+0.10
–0.85
–2.71
–0.05
–0.65
+0.61
+0.32
–0.86
–0.35
+0.87
+0.38
+0.49
+0.38
–8.85
–0.70
–0.80
–1.34
–1.88
–1.40
...
+0.05
+1.95
–4.44
–0.95
–0.32
–0.15
...
+0.10
+0.91
–0.26
+0.13
–2.98
–0.15
+0.81
+1.03
–0.52
...
–0.35
–0.40
–0.99
–0.01
–2.31
+1.90
–2.50
–0.49
–0.28
–0.68
–0.20
...
.22
.09
...
...
...
...
.09
...
...
.20
.11
...
.075
...
...
...
.20
...
...
...
.09
...
...
...
.2721
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.02
...
...
...
...
...
...
...
.0425
...
...
.07
...
.135
.11
...
...
...
2.00
...
.1112
.7825
...
.115
...
.14
...
...
...
...
...
...
...
...
...
...
...
.30
.42
.21
...
...
...
...
...
...
1.6
...
...
...
...
...
...
...
1.3
2.7
...
2.2
2.1
...
2.5
2.3
...
2.3
...
1.0
2.8
...
4.8
...
...
18
20
...
15
dd
35
dd
33
24
19
25
dd
dd
dd
dd
17
13
dd
10
47
35
15
9
dd
dd
53.00
119.71
33.42
10.81
45.65
8.09
178.46
3.65
17.75
31.70
39.15
47.59
4.42
14.28
15.20
47.13
38.95
20.61
16.75
27.67
63.80
26.95
30.10
18.96
9.11
14.21
+2.10
+0.06
–0.98
–1.01
+1.20
–2.26
–0.46
–0.27
+2.57
–1.40
–2.45
–0.32
–0.40
+0.26
+0.21
–8.63
+2.20
–0.78
–0.10
–1.45
+2.57
+0.35
–2.10
–0.44
–0.58
–0.33
...
...
.13
...
...
...
...
...
.12
...
.125
.32
...
.08
.08
...
.24
.12
...
.16
...
.07
.21
...
.11
...
E
3.85
31.47
16.91
45.70
2.72
2.20
6.15
24.00
11.16
97.15
61.90
31.50
39.28
74.80
7.20
28.90
62.50
13.06
13.50
8.00
29.20
13.95
10.00
28.59
13.95
15.79
16.80
14.85
3.87
153.13
30.00
24.15
122.79
51.15
3.23
12.20
3.87
25.50
50.92
52.00
49.75
18.63
6.55
10.36
9.85
12.73
35.96
2.10
23.96
237.30
28.05
33.05
20.34
39.25
46.25
12.35
20.45
97.75
495.35
38.03
7.47
129.73
...
14.70
57.40
22.52
17.90
101.07
3.00
29.64
25.39
6.12
24.42
42.75
32.50
62.92
14.43
161.00
62.63
77.15
77.50
25.08
13.20
12.00
2.25
25.32
13.96
31.33
0.37
0.89
3.73
15.80
4.24
45.05
43.09
18.85
27.28
52.40
4.17
13.00
48.19
8.75
7.30
6.22
13.12
6.25
0.85
9.20
6.10
11.51
10.30
9.55
2.33
98.42
11.80
4.97
73.74
25.54
0.62
6.10
2.14
17.95
25.92
25.20
37.30
5.77
1.17
4.08
6.20
6.13
7.94
0.65
16.51
180.50
18.50
17.10
11.47
28.45
35.60
5.20
9.30
49.90
314.55
27.40
4.99
102.32
...
11.31
10.30
8.79
9.41
70.51
1.95
14.26
6.63
3.60
12.34
23.30
14.22
42.96
6.72
111.88
50.20
55.75
55.80
11.31
4.17
7.55
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
ErytechPharmaADR
Escalade
EsperionTherap
Essendant
Etsy
EuronetWorldwide
Ever-Glory
Everbridge
EverspinTech
Evogene
Exa
Exactech
Exelixis
ExlService
ExOne
Expedia
ExpeditorsIntl
Exponent
ExpressScripts
ExtractionOil
ExtremeNetworks
Ezcorp
54.40
149.50
36.85
16.04
49.35
26.19
182.90
6.60
18.43
37.55
44.65
52.74
5.68
21.19
16.48
60.15
42.00
24.95
30.65
29.39
65.85
45.75
35.40
36.85
24.50
18.00
31.90
114.63
19.68
9.06
34.00
8.01
113.55
3.38
6.79
28.75
29.65
39.79
2.13
9.78
8.54
19.25
22.27
20.08
15.50
23.20
31.25
24.45
25.65
18.10
6.90
10.35
FARO Tech
F5Networks
FNBBancorp
FRONTEO
FRP Holdings
FTD
Facebook
FamousDave's
Fanhua
FarmerBros
FarmersCapBk
Fastenal
FateTherap
FederatedNatl
Ferroglobe
FibroGen
FidelityD&D
FidelitySouthern
FiestaRestaurant
FifthThirdBncp
51job
FinancialEngines
FinInstitutions
Finisar
FinishLine
FireEye
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
ERYP
ESCA
ESPR
ESND
ETSY
EEFT
EVK
EVBG
MRAM
EVGN
EXA
EXAC
EXEL
EXLS
XONE
EXPE
EXPD
EXPO
ESRX
XOG
EXTR
EZPW
FG
FARO
FFIV
FNBG
FTEO
FRPH
FTD
FB
DAVE
FANH
FARM
FFKT
FAST
FATE
FNHC
GSM
FGEN
FDBC
LION
FRGI
FITB
JOBS
FNGN
FISI
FNSR
FINL
FEYE
52-Week
High Low Name
37.42
33.21
32.13
14.80
32.44
28.43
417.98
32.24
28.50
20.85
56.91
29.80
47.90
53.49
21.29
19.84
29.35
35.47
39.20
45.35
44.36
42.03
25.83
17.76
62.57
53.03
18.30
8.60
74.49
130.20
58.34
27.81
60.98
18.47
7.18
32.25
62.99
48.06
8.69
31.96
11.27
17.05
27.00
18.65
44.20
46.10
22.76
41.56
59.98
33.00
36.87
26.30
55.95
46.80
22.39
46.95
21.77
20.46
11.50
18.25
57.30
1.47
3.25
13.90
19.90
8.60
9.38
19.42
28.67
9.68
136.95
13.50
104.12
39.32
12.50
61.04
21.59
18.45
43.63
13.67
7.29
34.02
22.12
40.80
24.37
39.02
3.15
48.05
32.98
7.90
86.27
38.49
10.12
23.35
11.15
14.29
43.95
9.80
44.08
10.00
4.73
16.94
14.76
25.82
29.18
31.59
9.95
20.50
37.20
11.89
22.99
95.51
11.90
4.10
5.45
58.45
24.40
29.85
21.15
24.10
16.38
37.20
24.20
5.67
52.51
30.30
20.45
25.00
22.60
9.95
25.29
20.18
313.14
23.23
18.87
13.35
41.30
22.80
36.85
39.55
14.83
12.02
17.65
26.30
25.48
33.33
26.55
26.56
20.50
13.48
25.56
36.29
11.86
7.29
40.15
99.19
36.90
12.58
21.41
13.68
2.68
15.96
43.25
33.69
2.52
24.27
4.03
10.30
24.01
9.65
35.52
34.95
3.02
28.51
43.88
4.35
5.50
11.00
17.10
21.00
6.33
36.00
4.21
12.07
7.53
8.25
6.72
0.70
0.80
2.73
16.30
6.94
1.30
6.90
12.04
5.00
92.65
7.88
57.16
29.32
9.13
47.03
7.20
13.20
16.34
3.63
1.03
26.37
16.59
29.35
13.08
28.71
1.87
25.61
18.00
4.12
63.76
30.88
7.95
17.26
7.86
10.33
13.35
1.20
31.74
7.66
1.83
3.82
8.56
18.77
19.32
10.21
3.87
17.50
28.81
7.15
17.36
50.44
8.76
2.95
3.60
44.70
10.70
16.00
17.30
19.70
6.76
27.57
14.33
2.90
30.05
18.75
FirstBancorpNC
FirstBancorp
FirstBancshares
FirstBank
FirstBusey
FirstBusFinSvcs
FirstCitizBcshA
FstCmntyBcsh
FirstConnBncp
1stConstBncp
FirstDefiance
FirstFinBncpOH
FirstFinBkshs
FirstFinIN
FirstFinNW
FirstFoundation
FirstGuarBcshs
FirstHawaiian
FirstInternetBncp
FirstInterBanc
FirstMerchants
FirstMidILBcsh
FirstMidwestBncp
FirstNWBncp
FirstSolar
1stSource
FirstUnited
FirsthandTechVal
FirstService
Fiserv
FiveBelow
Five9
FivePrimeTherap
Flex
FlexPharma
FlexionTherap
Flexsteel
FlirSystems
Fluidigm
FlushingFin
FoamixPharm
FogodeChao
ForescoutTechs
FormFactor
FormulaSys
ForresterResearch
Forterra
Fortinet
ForwardAir
ForwardPharma
Fossil
FosterLB
FoundationMed
FoxFactory
Francesca's
FranklinElectric
Fred's
FreightCarAmer
FrequencyElec
Freshpet
FrontierComm
FuelTech
FuelCell
FulgentGenetics
FultonFin
Funko
FutureFinTech
GDSHoldings
G1Therapeutics
GSI Tech
GWPharm
Gaia
Galapagos
Gaming&Leisure
GamingPartners
Garmin
GemphireTherap
GencorIndustries
GeneralComm A
GenMarkDiagn
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
FBNC
FNLC
FBMS
FRBA
BUSE
FBIZ
FCNCA
FCBC
FBNK
FCCY
FDEF
FFBC
FFIN
THFF
FFNW
FFWM
FGBI
FHB
INBK
FIBK
FRME
FMBH
FMBI
FNWB
FSLR
SRCE
FUNC
SVVC
FSV
FISV
FIVE
FIVN
FPRX
FLEX
FLKS
FLXN
FLXS
FLIR
FLDM
FFIC
FOMX
FOGO
FSCT
FORM
FORTY
FORR
FRTA
FTNT
FWRD
FWP
FOSL
FSTR
FMI
FOXF
FRAN
FELE
FRED
RAIL
FEIM
FRPT
FTR
FTEK
FCEL
FLGT
FULT
FNKO
FTFT
GDS
GTHX
GSIT
GWPH
GAIA
GLPG
GLPI
GPIC
GRMN
GEMP
GENC
GNCMA
GNMK
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
.9
3.4
.5
.6
2.4
2.4
.4
2.6
2.2
1.4
1.9
2.7
1.7
2.2
1.7
...
2.5
3.2
.7
2.6
1.8
1.9
1.8
...
...
1.7
...
...
.7
...
...
...
...
...
...
...
1.9
1.3
...
2.7
...
...
...
...
1.7
1.7
...
...
1.1
...
...
...
...
...
...
1.0
5.0
...
...
...
35.5
...
...
...
2.5
...
...
...
...
...
...
...
...
6.9
1.1
3.4
...
...
...
...
...
...
2.1
...
...
1.5
...
...
...
...
2.8
2.3
8.7
6.7
7.1
3.9
...
...
...
2.9
...
...
...
10.5
.8
...
...
6.7
1.9
...
9.2
...
10.7
...
...
1.9
...
2.9
9.7
...
...
.8
1.4
...
16.1
1.8
20
16
27
20
19
16
14
18
20
17
17
16
26
16
18
19
14
17
15
18
19
16
19
30
dd
19
18
dd
54
30
40
dd
dd
18
dd
dd
14
29
dd
16
dd
15
...
67
50
44
dd
83
26
dd
dd
dd
dd
31
7
24
dd
dd
dd
dd
dd
dd
dd
...
17
...
dd
dd
...
dd
dd
2
dd
20
21
17
dd
28
dd
dd
dd
dd
15
19
dd
20
dd
33
37
cc
8
21
7
cc
12
cc
dd
dd
11
cc
dd
dd
dd
7
...
28
dd
14
8
dd
35
25
dd
dd
dd
14
23
23
10
19
dd
29
...
dd
17
20
34.76
28.42
30.55
12.65
29.57
21.26
388.00
27.78
25.30
17.55
51.62
25.30
43.65
46.15
16.04
17.55
25.68
27.73
36.15
36.60
40.32
36.41
22.50
17.26
61.59
48.04
17.60
8.05
67.44
128.00
57.53
25.32
28.83
18.37
3.79
23.99
45.81
46.73
5.24
26.92
5.59
10.75
25.12
17.48
40.30
44.95
8.54
39.94
55.53
4.50
6.60
22.50
49.55
38.55
7.01
44.00
4.80
15.26
9.05
17.40
6.77
1.00
2.08
3.32
17.65
7.89
1.58
18.85
20.75
7.92
112.17
11.90
91.58
36.78
11.10
60.83
9.30
17.60
40.44
4.93
1.16
29.17
18.67
34.28
14.75
34.48
2.06
30.50
25.22
7.75
73.77
36.06
9.66
22.47
10.93
13.71
38.45
1.40
42.60
9.76
3.90
11.71
9.72
21.92
23.85
30.66
7.88
18.99
29.07
8.51
18.76
91.22
9.33
3.60
4.75
51.50
20.85
16.50
18.90
21.35
8.41
36.55
23.14
5.37
38.42
27.05
–2.08
–2.82
–0.45
–0.60
–1.58
–0.75
–22.44
–1.41
–0.70
–0.45
–2.32
–1.95
–2.05
–1.50
–0.74
–1.09
–1.30
–1.64
–1.25
–2.20
–2.72
–2.10
–0.90
–0.15
+1.72
–2.82
–0.10
+0.15
–1.09
+0.97
+0.52
+0.10
–16.22
+0.10
+0.47
+0.74
–1.99
–0.24
–0.56
–1.50
–0.59
–0.10
+0.12
–0.42
–0.25
–0.75
+3.61
+0.93
–1.78
–0.95
–0.73
–2.30
–2.70
–1.73
+0.48
–0.15
+0.52
–0.02
–0.33
+1.65
–0.64
+0.05
–0.13
–0.14
–0.65
+0.89
+0.23
+2.80
–2.65
–0.10
–0.95
–0.45
–5.51
+0.06
+0.05
+1.28
–0.30
...
–0.59
+0.67
+0.11
–3.74
–0.62
+0.98
–0.86
–1.55
–0.06
–2.50
+0.69
+0.28
+0.31
–1.89
–0.11
+0.09
+0.38
+0.07
–3.10
+0.14
+0.74
+0.35
+0.13
–0.32
+0.97
+0.63
+1.65
+2.38
+0.28
–0.01
–0.38
–0.62
+0.33
+2.68
–0.69
...
–0.30
–2.20
–1.65
–0.10
–1.10
–0.55
–0.57
–0.61
–0.75
–0.09
–2.01
–1.45
.08
.24
.0375
.02
.18
.13
.35
.18
.14
.06
.25
.17
.19
1.50
.07
...
.16
.22
.06
.24
.18
.34
.10
...
...
.20
...
...
.1225
...
...
...
...
...
...
...
.22
.15
...
.18
...
...
...
...
.34
.19
...
...
.15
23.123
...
...
...
...
...
.1075
.06
.09
...
...
.60
...
...
...
.11
...
...
...
...
...
...
...
...
.63
.12
.51
...
...
...
...
...
...
.10
...
...
.13
...
...
...
...
.52
.30
.07
.125
.065
.0441
...
...
...
.0236
...
...
...
.5775
.05
...
...
.32
.14
...
.43
...
.083
...
...
.24
...
.12
.46
...
...
.30
.1635
...
1.5476
.125
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
36.38
23.71
13.95
2.75
29.92
28.00
15.89
8.90
1.35
10.90
GuarantyBcshrs
GuarFedBcsh
GulfIslandFab
Gulf Resources
GulfportEnergy
GNTY
GFED
GIFI
GURE
GPOR
34.46
44.73
19.10
20.90
42.75
19.75
20.69
39.98
45.61
12.09
19.37
31.21
52.94
35.85
9.97
22.29
18.00
6.18
3.90
116.20
60.90
31.30
54.80
22.36
48.37
37.38
55.68
55.31
31.53
25.22
52.65
27.10
102.88
13.20
93.50
15.55
22.21
31.65
17.00
45.85
6.00
11.97
203.01
23.48
46.80
47.20
29.69
33.70
27.05
50.53
22.99
15.45
29.25
21.98
11.75
18.93
32.68
13.95
8.05
52.50
1.74
111.98
14.74
46.75
55.55
32.98
11.25
15.23
28.97
15.29
11.01
30.90
8.85
13.24
7.02
31.01
9.91
9.68
17.32
37.25
25.45
6.09
15.92
9.26
2.80
2.25
77.20
32.40
20.97
34.20
13.94
28.97
7.52
35.69
37.62
20.60
18.71
39.10
17.90
79.90
10.75
67.02
11.67
12.85
20.00
10.86
9.40
2.00
4.88
148.02
15.08
35.76
29.86
20.82
24.00
19.05
26.61
15.10
11.29
20.77
9.45
9.66
8.02
26.64
8.80
4.70
33.17
1.00
83.35
11.50
26.25
29.53
11.78
3.90
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
Hexindai
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
HutchisonChina
Hydrogenics
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
HX
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
HCM
HYGS
137.86
59.55
205.95
173.01
7.75
23.00
48.53
47.20
30.70
61.10
44.71
224.47
64.68
24.96
91.10
64.46
35.51
124.48
10.80
18.41
214.50
11.92
13.05
8.84
14.48
25.70
52.40
60.85
153.15
76.30
23.65
66.85
12.50
3.84
108.10
15.48
4.30
52.40
12.03
2.45
58.22
74.75
4.54
14.87
124.90
7.45
64.50
40.20
127.00
107.59
4.63
14.05
34.13
27.25
17.32
38.25
33.11
93.38
39.51
10.40
69.60
47.06
9.76
73.76
1.44
11.70
119.37
6.20
3.78
1.53
2.38
7.75
35.45
19.97
98.49
57.20
17.48
50.95
6.29
0.93
81.65
14.54
2.95
20.75
8.16
0.90
41.66
54.10
2.61
10.07
59.84
0.85
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
InflaRx
InfoSvcsGrp
InglesMarkets
InnerWorkings
Innodata
Innophos
Innospec
InnovSolSuprt
Innoviva
Inogen
InotekPharm
1.8
1.9
.3
...
...
...
15
dd
2
dd
29.00
21.25
12.15
1.48
14.14
+0.40 .13
–0.05 .10
–0.95 .01
–0.08 ...
+0.81 ...
3.2
...
...
...
3.5
...
2.0
...
...
...
...
2.3
2.0
2.9
...
...
.5
...
...
2.5
1.3
...
2.5
1.4
2.6
...
1.5
...
...
.4
.9
2.2
...
...
...
2.7
...
1.8
...
...
...
2.4
.7
.5
...
1.4
2.1
...
...
1.1
3.1
1.5
2.0
...
10.9
...
7.0
...
...
...
...
.9
3.3
.9
...
...
...
33
11
15
52
18
40
20
40
47
dd
dd
26
19
16
19
50
35
dd
dd
20
10
dd
18
15
dd
20
43
74
cc
35
16
dd
22
...
19
19
22
21
...
7
7
88
17
20
15
16
19
21
34
17
14
19
19
dd
19
dd
22
dd
dd
27
dd
27
16
25
dd
cc
dd
33.86
35.67
18.25
15.60
39.75
9.20
15.29
38.80
35.68
10.81
18.18
30.97
47.10
28.90
8.36
18.35
17.33
3.80
3.13
91.45
36.15
29.89
35.70
20.45
33.29
23.95
51.37
49.74
23.21
21.22
47.30
23.90
87.35
11.15
67.05
14.72
19.25
29.45
11.75
14.00
5.35
9.93
194.80
23.26
38.97
39.75
21.39
28.10
25.15
43.75
17.03
13.72
26.25
13.57
11.03
18.24
29.60
8.80
5.85
43.70
1.44
101.85
13.14
42.75
37.75
29.99
9.40
+0.71
–0.45
–0.25
+0.03
+2.55
...
+0.33
+10.30
+1.03
–0.66
+1.43
+2.81
–1.90
–1.90
+0.16
–1.17
+0.82
...
–0.33
+0.76
+2.65
–0.43
–0.95
+0.35
–1.58
+1.45
–1.82
–1.07
–0.36
+0.05
–2.30
–0.90
–0.45
–0.85
–10.59
–0.71
–0.75
–1.55
–0.91
+0.85
+0.20
–0.86
–0.40
+0.75
–0.59
–1.22
–0.79
–0.65
–1.35
–2.70
–1.17
–0.38
–0.86
–0.60
+0.08
–0.09
+0.87
–0.95
+0.50
–0.60
–0.06
–5.37
–0.64
–2.35
–1.40
+0.42
–1.05
.275
...
...
...
.35
...
.15
...
...
...
...
.175
.24
.21
...
...
.02
...
...
.57
.12
...
.44
.07
.22
...
.19
...
...
.02
.11
.13
...
...
...
.10
...
.10
...
...
...
.24
.34
.12
...
.14
.11
...
...
.12
.13
.05
.13
...
.10
...
.52
...
...
...
...
.23
.11
.10
...
...
...
...
...
...
...
...
...
...
...
2.1
...
...
...
4.3
...
2.1
10.8
...
...
...
...
...
...
...
...
...
...
...
...
...
1.9
2.2
.7
...
...
2.2
...
...
2.8
...
...
4.4
1.2
...
...
...
...
31
21
cc
48
dd
3
45
31
28
dd
17
33
15
33
20
5
19
22
dd
dd
39
dd
dd
dd
dd
dd
cc
dd
dd
23
19
20
dd
dd
23
...
dd
10
25
dd
20
18
11
14
93
dd
124.01
53.90
205.05
147.68
7.01
17.25
42.93
47.15
28.43
39.10
42.07
223.53
56.46
23.75
70.70
55.69
27.98
113.81
1.80
14.50
208.94
6.23
4.95
6.18
12.40
18.30
41.20
26.44
104.76
68.05
21.60
61.15
6.36
2.41
106.90
15.00
3.98
23.50
10.32
.98
43.53
65.85
3.24
12.59
114.19
2.72
–5.14
+3.00
+14.15
–7.81
–0.42
–1.05
–0.56
+5.65
–2.02
–19.30
+0.26
+9.67
+0.46
+0.55
–3.40
–2.31
–1.79
–9.24
+0.18
+0.30
–5.05
–1.35
+0.80
+0.55
+1.20
–0.25
–1.40
+4.21
–0.32
–3.55
–1.10
–3.35
–1.59
–0.15
+13.85
+0.01
–0.09
–0.95
–0.31
–0.27
–1.79
+2.85
–0.07
+0.29
+13.02
+0.32
...
...
...
...
...
...
...
...
.15
...
...
...
1.224
...
.37
1.50
...
...
...
...
...
...
...
...
...
...
...
...
...
.32
.12
.10
...
...
.58
...
...
.165
...
...
.48
.39
...
...
...
...
H
I
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
IFRX
III
IMKTA
INWK
INOD
IPHS
IOSP
ISSC
INVA
INGN
ITEK
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
17.80
9.86
3.23
53.19
31.84
42.81
72.26
15.02
56.42
33.64
47.30
33.34
46.80
55.66
135.59
102.30
23.85
1.20
5.59
42.35
40.90
12.89
10.50
33.25
5.75
14.15
22.67
14.75
154.19
393.51
10.15
24.40
15.11
200.18
5.90
9.70
65.51
8.60
1.74
53.87
16.39
12.90
109.78
19.94
79.95
38.00
8.60
4.40
0.87
31.03
11.49
23.20
32.12
4.10
37.71
21.80
33.23
10.83
30.45
33.01
54.98
67.55
16.80
0.80
0.80
32.50
32.25
5.86
6.70
9.20
2.00
5.90
7.85
5.39
108.70
203.57
2.96
16.25
12.48
106.00
1.10
5.70
37.26
4.45
0.49
23.03
7.58
7.80
51.80
13.43
57.80
23.95
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
7.45
8.48
143.21
48.99
4.00
91.48
115.34
113.30
10.80
46.20
163.75
24.13
76.18
29.29
6.40
61.59
4.14
13.57
110.01
56.69
25.99
12.75
108.99
26.75
15.80
8.61
9.90
14.63
16.10
29.17
5.40
10.15
31.20
19.67
8.20
26.95
22.45
20.97
47.78
17.41
13.50
4.60
23.15
97.77
13.93
24.56
16.75
2.40
4.42
114.69
23.38
0.95
69.61
83.07
90.89
6.71
37.27
99.28
18.05
31.25
11.05
3.65
17.52
3.30
4.94
74.20
36.64
17.23
7.65
74.56
13.51
5.48
3.75
3.40
7.48
13.35
19.50
2.45
8.25
20.95
9.68
6.69
16.75
15.05
12.95
23.96
8.17
1.50
2.07
11.00
75.21
6.21
13.55
4.72
JAKKS Pacific
JA Solar
J&JSnackFoods
JD.com
JMU
j2Global
JackHenry
JackintheBox
Jamba
JamesRiver
JazzPharma
JetBlue
JohnsonOutdoors
JounceTherap
JuniperPharm
JunoTherap
KCAPFinancial
KEYW
KLA Tencor
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
KonaGrill
Kopin
KornitDigital
KraftHeinz
KratosDefense
Kulicke&Soffa
KuraOncology
66.13
76.14
38.16
53.92
10.68
16.59
21.40
50.00
17.18
211.41
79.09
149.30
15.50
32.40
18.15
102.55
24.10
7.85
18.96
28.10
13.64
10.10
2.77
44.94
39.88
280.80
26.82
41.66
27.85
34.01
4.99
13.98
15.06
39.68
9.85
95.10
58.68
113.34
11.20
25.57
12.55
79.10
7.95
5.05
11.03
18.70
6.98
4.90
1.08
31.50
19.82
87.16
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
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
...
...
...
...
...
.5
...
...
...
...
2.4
...
1.9
.7
...
1.9
1.1
...
...
1.7
1.1
...
...
...
...
...
...
...
1.0
...
...
.5
2.7
.9
...
...
...
...
...
...
...
...
...
...
...
4.6
cc
dd
dd
14
dd
21
dd
dd
78
46
16
dd
33
46
dd
10
27
dd
dd
17
27
dd
28
dd
dd
25
dd
dd
41
50
dd
23
21
17
dd
dd
cc
dd
dd
dd
dd
12
33
dd
83
18
15.35
4.74
1.48
38.67
30.82
25.23
67.78
5.16
47.59
33.28
45.58
19.91
43.25
53.88
60.26
72.10
23.05
1.14
3.63
38.40
40.15
7.80
9.30
28.15
2.30
7.80
14.79
14.40
153.30
389.15
3.97
22.90
13.21
186.95
1.25
8.45
55.88
8.05
.54
48.31
8.12
10.95
68.80
15.25
66.65
35.15
–0.10
–1.03
+0.06
–5.95
+0.81
–0.79
–1.67
+0.06
–0.46
+1.98
–0.76
–2.03
–0.65
–0.05
–4.83
–0.55
+0.30
–0.02
–0.34
–2.55
+1.65
+0.44
–0.69
–0.80
–0.40
–0.40
–0.03
+2.45
–0.34
+4.90
–0.02
–0.50
–0.56
–0.57
–0.10
–0.45
+1.72
+0.25
–0.01
–5.50
–0.61
+0.50
+1.40
–0.62
–2.72
–0.10
...
...
...
...
...
1.00
...
...
...
...
.2725
...
.21
.10
...
.35
.065
...
...
.33
.43
...
...
...
...
...
...
...
.39
...
...
.03
.09
.40
...
...
...
...
...
...
...
...
...
...
...
.24
...
...
1.2
...
...
2.1
1.1
1.6
...
3.1
...
...
.6
...
...
...
14.1
...
2.3
...
...
...
2.1
...
...
...
...
...
.8
1.1
...
4.5
2.6
...
...
2.0
...
1.5
.5
...
...
...
...
3.1
...
...
...
dd
5
32
dd
dd
28
36
23
dd
17
23
10
22
...
8
dd
55
dd
16
37
dd
dd
19
...
dd
dd
dd
dd
62
15
dd
85
16
29
19
17
16
19
36
23
dd
dd
dd
25
dd
20
dd
2.60
7.93
134.90
39.96
1.09
74.48
113.69
99.99
7.96
39.00
138.70
18.99
69.99
14.77
4.80
57.59
3.40
5.25
102.44
54.89
18.58
11.15
93.94
19.19
13.26
4.45
7.10
10.91
14.30
28.17
3.75
8.95
26.20
15.29
7.54
24.05
19.60
18.40
43.65
11.71
2.05
3.36
15.70
79.72
10.61
23.61
16.45
–0.05
+0.29
+3.54
+1.54
+0.08
–1.33
+2.08
–2.70
–0.32
–2.19
+0.81
–0.20
–2.79
–0.27
+0.15
–0.89
+0.05
+0.08
–3.86
–0.06
–0.35
+0.10
–4.00
+2.87
+0.12
–0.25
+0.20
–0.32
–0.50
+1.78
–0.05
–0.68
–2.25
–1.54
+0.12
+0.80
+0.10
+0.40
–1.28
–0.14
–0.85
–0.08
+0.05
+1.72
–0.38
+0.84
+1.50
...
...
.42
...
...
.395
.31
.40
...
.50
...
...
.10
...
...
...
.12
...
.59
...
...
...
.50
...
...
...
...
...
.12
.075
...
.10
.17
...
...
.12
...
.07
.06
...
...
...
...
.625
...
...
...
...
...
...
2.0
3.0
2.0
2.1
1.8
...
.9
4.4
1.8
...
2.6
8.4
.4
...
...
...
...
...
...
...
1.7
.7
...
15
29
23
21
dd
33
17
21
18
19
24
30
35
13
34
27
27
dd
dd
48
dd
...
dd
17
44
cc
63.15
66.26
37.16
50.33
6.73
15.94
19.05
47.64
14.55
207.39
75.02
123.45
12.25
29.20
17.10
96.90
22.25
6.45
11.34
24.10
12.99
6.11
1.72
36.80
33.50
257.75
+3.04
–5.56
–0.55
+0.30
+0.07
+0.14
–1.40
–0.86
+0.10
+0.32
+5.05
–3.42
–0.90
–0.41
–0.35
–2.70
–0.05
+0.56
–1.91
–0.65
–0.39
+0.65
+0.11
–3.33
+1.49
–15.45
...
...
...
.25
.05
.08
.10
.22
...
.45
.83
.55
...
.1905
.3575
.10
...
...
...
...
...
...
...
.16
.055
...
JK
JAKK
JASO
JJSF
JD
JMU
JCOM
JKHY
JACK
JMBA
JRVR
JAZZ
JBLU
JOUT
JNCE
JNP
JUNO
KCAP
KEYW
KLAC
KLXI
KTWO
KVHI
KALU
KALA
KALV
KMDA
KNDI
KPTI
KRNY
KELYA
KMPH
KFFB
KEQU
KTEC
KTCC
KFRC
KE
KBAL
KNSL
KIRK
KONA
KOPN
KRNT
KHC
KTOS
KLIC
KURA
LM
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
November 13, 2017
BARRON’S
M23
Nasdaq Issues
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
18.00
104.35
104.66
58.20
37.69
37.00
28.11
27.82
25.10
26.00
62.41
39.37
41.14
26.52
26.20
46.43
46.24
16.20
18.68
18.75
70.95
21.20
13.75
149.31
6.02
24.50
3.74
99.59
10.50
212.54
81.85
26.05
15.10
40.82
129.51
10.00
51.75
95.92
72.70
68.63
22.27
17.99
65.99
48.47
12.25
23.42
12.26
68.70
78.02
110.60
18.70
20.00
59.00
43.77
10.67
31.85
8.00
92.00
9.50
8.90
14.95
18.95
38.93
40.90
33.35
24.54
55.74
23.80
6.96
51.56
3.75
8.25
211.06
29.95
124.34
21.15
20.90
21.08
104.71
32.87
16.50
23.45
32.48
4.05
77.85
55.43
6.61
65.97
49.66
4.14
55.95
7.85
85.92
8.25
39.64
26.54
41.00
52.80
297.95
38.68
15.00
54.49
20.55
18.63
18.58
45.50
67.90
21.01
33.63
169.81
12.50
106.90
53.35
25.57
95.92
45.33
57.97
86.20
207.28
3.25
3.37
30.45
150.87
46.39
37.58
39.20
8.07
66.32
67.27
35.96
28.17
27.36
19.65
19.40
17.62
17.24
36.58
27.63
27.55
18.70
18.30
33.79
33.14
10.80
10.90
7.95
44.10
13.80
7.20
95.08
2.02
16.39
1.75
71.62
5.35
144.01
40.84
16.60
5.43
23.59
90.35
2.43
36.80
23.86
47.26
34.15
17.68
14.02
35.58
38.28
9.00
12.73
4.15
58.08
40.26
49.95
13.55
15.40
44.65
23.00
8.67
14.36
4.13
64.05
6.65
5.55
10.35
6.25
27.19
22.05
16.66
10.88
40.75
12.51
0.67
33.50
2.50
0.82
145.10
18.75
72.75
12.57
14.15
12.48
60.04
15.42
6.50
7.80
12.71
2.10
57.40
37.32
4.29
20.19
32.09
1.60
28.00
4.40
47.77
4.25
21.76
14.89
10.25
38.75
148.98
28.92
8.30
29.11
15.85
17.25
10.75
22.10
11.14
12.71
13.13
109.14
4.39
60.70
37.05
17.25
60.77
16.90
46.09
57.28
122.91
1.01
0.92
19.81
107.68
32.23
26.08
30.55
LexiconPharm
LibertyBroadbandA
LibertyBroadbandC
LibertyExpediaA
LibertyGlobal A
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
Macom Tech
MB Fin
MBT Fin
MCBCHoldings
MDC Partners
MGE Energy
MGPIngredients
MKS Instrum
MSB Fin
MTGEInvestment
MTS Systems
MYR Group
Macatawa
Macrogenics
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
MaxwellTechs
MazorRobotics
McGrathRentCorp
MedallionFin
Medicines
MediciNova
MedidataSolutions
MediWound
Medpace
MelcoResorts
MelintaTherap
MellanoxTech
MercadoLibre
MercantileBank
MercerIntl
MercurySystems
MeridianBancorp
MeridianBank
MeridianBiosci
MeritMedical
MerrimackPharm
MersanaTherap
Merus
MesaLab
Mesoblast
MetaFinancial
Methanex
Michaels
MicrochipTech
MicronTech
Microsemi
Microsoft
MicroStrategy
MicroVision
MidConEnergy
MidPennBancorp
Middleby
MiddlesexWater
MidlandStBncp
MidWestOneFin
Tick
Div
Sym Yld P/E Last Chg. Amt.
LXRX
LBRDA
LBRDK
LEXEA
LBTYA
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
MTSI
MBFI
MBTF
MCFT
MDCA
MGEE
MGPI
MKSI
MSBF
MTGE
MTSC
MYRG
MCBC
MGNX
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
MXWL
MZOR
MGRC
MFIN
MDCO
MNOV
MDSO
MDWD
MEDP
MLCO
MLNT
MLNX
MELI
MBWM
MERC
MRCY
EBSB
MRBK
VIVO
MMSI
MACK
MRSN
MRUS
MLAB
MESO
CASH
MEOH
MIK
MCHP
MU
MSCC
MSFT
MSTR
MVIS
MCEP
MPB
MIDD
MSEX
MSBI
MOFG
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
5.5
...
...
...
1.0
...
...
...
1.0
...
1.8
...
.8
...
.5
...
1.8
.9
...
...
...
...
...
1.1
...
...
2.0
2.3
...
...
2.0
.2
.7
...
10.1
2.3
...
2.1
...
...
...
...
...
...
8.7
2.1
...
...
...
...
3.5
...
1.7
...
...
.8
2.4
1.1
.5
13.8
1.2
...
...
...
...
...
...
1.2
2.7
...
...
2.3
7.2
...
...
...
...
...
1.4
...
...
.2
2.2
3.5
...
.8
...
3.4
...
...
...
...
.5
...
.6
2.3
...
1.6
...
...
2.0
...
...
...
1.7
...
2.1
2.6
2.0
dd
cc
cc
1
33
32
25
25
8
8
18
...
...
dd
dd
30
30
15
cc
86
10
16
99
cc
dd
39
dd
21
dd
29
69
25
dd
27
cc
dd
27
dd
31
dd
32
dd
dd
18
16
20
32
29
40
19
33
10
40
36
18
dd
dd
22
32
dd
50
dd
20
dd
17
dd
24
53
dd
33
dd
dd
45
21
33
31
31
47
14
19
dd
dd
dd
dd
24
26
dd
dd
24
16
dd
dd
94
dd
51
40
dd
dd
90
18
20
57
22
...
29
60
dd
...
dd
46
cc
18
17
10
37
10
35
29
21
dd
dd
15
21
33
20
17
9.81
87.73
88.49
44.94
29.72
28.69
22.16
22.22
22.25
23.91
56.57
35.84
37.45
22.64
22.60
41.02
40.98
11.70
11.60
8.55
44.20
16.70
9.48
139.90
5.90
22.89
2.37
86.71
5.35
195.73
80.26
23.05
11.10
35.45
115.50
3.74
45.50
81.18
64.87
57.15
20.91
17.97
36.63
42.80
10.30
21.49
10.10
64.10
75.31
104.15
17.55
17.75
52.45
33.59
9.73
18.68
4.35
83.30
8.70
8.32
12.05
6.93
34.83
26.90
27.80
20.89
41.36
14.25
3.24
49.66
3.20
7.84
173.49
23.25
120.11
18.85
14.45
20.13
86.49
28.46
14.51
15.50
14.62
2.85
58.30
53.54
4.56
59.98
45.83
2.79
31.73
6.26
65.69
4.58
34.55
25.20
12.00
49.10
270.87
34.66
14.30
48.96
19.10
18.25
14.55
36.80
12.41
17.00
15.83
126.88
5.24
85.05
51.60
18.57
91.56
44.78
52.62
83.87
133.50
1.64
1.19
29.73
109.84
42.04
30.65
34.18
–0.18
+1.30
+1.14
–0.39
–0.79
–0.91
+0.15
+0.31
–0.39
+1.46
...
–0.32
–0.42
+0.15
–0.12
+0.17
+0.05
–1.45
–1.41
–2.65
–2.15
–0.55
–0.33
–6.54
+0.70
–0.34
+0.13
–3.11
–0.30
+10.92
–1.50
–0.90
–1.00
–0.60
–7.25
–0.01
–0.20
–6.61
+3.72
–2.15
–0.56
+0.03
–0.70
–3.38
–0.25
–1.54
–0.90
–1.45
+2.48
–3.45
...
–0.45
+0.55
+1.68
–0.32
+0.03
–0.03
–2.10
–0.05
+2.23
–0.15
–1.58
–2.85
–0.30
–3.80
+1.72
–0.02
–0.50
–0.02
–0.72
+0.08
+1.65
–3.51
–0.65
–1.44
–0.30
–1.50
+1.62
+0.49
+1.45
–0.28
+1.50
+1.50
+0.35
–3.35
+0.09
+0.02
–0.25
–2.13
+0.68
+2.00
–0.48
–6.09
–0.43
–2.69
–0.71
+0.38
+4.70
+3.52
–1.27
–0.15
–2.30
–0.60
...
–0.10
–1.15
+0.70
–0.30
+0.41
–31.03
+0.11
–1.80
+1.25
–0.65
–2.10
+1.07
–1.25
–0.27
–0.18
+0.07
–0.06
+0.03
–9.11
–1.01
–1.48
–1.64
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.16
...
...
...
.0425
...
...
...
.055
...
.39
...
.37
...
.03
...
.6318
.25
...
...
...
...
...
.06
...
...
.21
.06
...
...
.3225
.04
.18
.425
.45
.30
...
.05
...
...
...
...
...
...
.15
.18
...
...
...
...
.125
...
.21
...
...
.33
.14
.33
.025
.50
.06
...
...
...
...
.15
...
.17
.36
...
...
.26
.05
...
...
...
...
...
.09
...
...
.15
.19
.125
...
.04
...
.125
...
...
...
...
.16
...
.13
.30
...
.3625
...
...
.42
...
...
...
.13
...
.2238
.20
.17
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
37.00
32.00
2.94
34.11
14.15
12.00
5.14
9.13
37.05
6.78
2.38
19.90
46.69
46.51
47.23
17.92
34.00
125.75
24.45
61.75
61.34
89.45
31.57
5.45
88.25
13.35
40.50
45.87
49.55
37.30
28.55
16.75
2.25
19.50
4.90
7.05
2.82
6.21
26.70
3.20
1.31
11.85
16.73
22.99
39.19
8.98
29.01
75.08
15.75
39.65
40.64
68.43
24.13
2.55
63.05
8.22
27.20
29.39
10.55
15.15
MillerHerman
Mimecast
Mind CTI
Mindbody
MinervaNeurosci
Misonix
MitchamIndustries
MitelNetworks
MobileMini
MobileIron
ModusLink
MomentaPharm
Momo
MonarchCasino
Mondelez
MoneyGram
MongoDB
MonolithicPower
MonotypeImaging
Monro
MonsterBeverage
Morningstar
MotorcarParts
MtnProvDiamonds
Multi-Color
MustangBio
MutualFirstFin
Mylan
MyoKardia
MyriadGenetics
MLHR
MIME
MNDO
MB
NERV
MSON
MIND
MITL
MINI
MOBL
MLNK
MNTA
MOMO
MCRI
MDLZ
MGI
MDB
MPWR
TYPE
MNRO
MNST
MORN
MPAA
MPVD
LABL
MBIO
MFSF
MYL
MYOK
MYGN
10.95
42.56
29.07
85.61
25.90
3.45
17.08
32.90
118.20
14.10
32.42
23.45
13.12
8.45
78.31
14.76
95.60
2.88
129.82
16.05
43.80
26.99
46.33
41.99
57.21
18.90
30.98
368.00
13.69
43.85
17.95
62.04
33.67
82.75
13.15
13.81
47.20
337.55
204.38
59.93
38.48
75.98
7.04
25.17
15.79
16.20
12.59
18.16
73.90
12.50
24.94
6.00
131.49
29.95
19.30
99.30
20.59
36.70
19.10
21.11
61.48
33.74
3.31
31.69
30.90
53.95
1.78
13.80
22.30
19.93
19.95
9.01
34.96
67.95
81.68
15.00
218.67
30.80
7.40
31.28
18.17
63.72
15.45
0.36
8.55
16.00
96.00
5.35
21.80
7.32
2.60
2.71
63.36
7.35
51.10
1.00
45.40
5.12
29.75
16.21
28.36
15.15
36.71
11.53
27.19
233.20
8.25
31.65
11.48
49.80
11.41
58.96
4.85
8.87
33.26
211.11
110.68
41.50
27.65
37.35
5.90
5.90
11.42
11.75
8.03
14.62
55.00
7.65
14.56
3.16
103.37
10.90
12.51
78.06
15.36
25.75
14.95
12.41
37.07
19.10
1.06
12.00
3.52
18.25
0.73
4.19
6.00
14.04
9.64
3.43
14.38
31.60
49.25
4.63
78.50
20.45
Napco Security
NBT Bancorp
NCS Multistage
NICE
NIC
NII Holdings
NMI Holdings
NN
NXP Semi
NabrivaTherap
Nanometrics
NanoStringTech
NantHealth
NantKwest
Nasdaq
Natera
Nathan's
NationalAmerUniv
NationalBeverage
NatlCineMedia
NationalCommerce
NatlGeneral
NatlInstruments
NatlResearch A
NatlResearch B
NatlSecurity
NationalVision
NatlWesternLife
NaturalAlt
NatusMedical
Navient
NavigatorsGroup
NektarTherap
Neogen
NeosTherap
Net1UEPS
NetApp
Netease
Netflix
Netgear
NetScout
Neurocrine
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
NSSC
NBTB
NCSM
NICE
EGOV
NIHD
NMIH
NNBR
NXPI
NBRV
NANO
NSTG
NH
NK
NDAQ
NTRA
NATH
NAUH
FIZZ
NCMI
NCOM
NGHC
NATI
NRCIA
NRCIB
NSEC
EYE
NWLI
NAII
BABY
NAVI
NAVG
NKTR
NEOG
NEOS
UEPS
NTAP
NTES
NFLX
NTGR
NTCT
NBIX
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
2.97
12.15
11.99
286.57
96.64
2.80
5.91
13.18
14.70
40.00
0.85
5.35
7.77
169.43
69.08
1.45
3.90
7.77
5.00
20.22
OHAInvestment
OPKOHealth
Orbcomm
OReillyAuto
OSI Systems
O2MicroIntl
OaktreeSpec
ObalonTherap
ObsEva
OceanRigUDW
OHAI
OPK
ORBC
ORLY
OSIS
OIIM
OCSL
OBLN
OBSV
ORIG
2.2
...
11.9
...
...
...
...
...
2.7
...
...
...
...
...
2.1
...
...
.7
1.9
1.5
...
1.0
...
...
.3
...
1.7
...
...
...
16
dd
10
dd
dd
dd
dd
dd
30
dd
dd
dd
22
30
29
33
dd
76
...
26
44
23
14
dd
21
dd
20
24
dd
21
32.90
30.96
2.68
33.25
5.20
10.75
3.70
8.01
34.05
3.95
1.78
13.10
28.35
44.95
41.95
15.00
30.20
121.80
23.85
48.15
61.16
88.70
25.50
2.85
71.40
10.40
37.25
38.16
38.20
31.55
+0.15
–0.10
–0.01
+0.95
–0.80
+0.40
–0.04
–0.53
+0.10
–0.10
–0.07
–0.10
–1.45
–0.42
+0.98
+0.46
+0.57
–0.35
+0.40
–0.40
+3.49
+1.60
–1.49
...
–9.55
+0.10
–2.05
+2.44
–4.00
+3.10
.18
...
.32
...
...
...
...
...
.227
...
...
...
...
...
.22
...
...
.20
.113
.18
...
.23
...
...
.05
...
.16
...
...
...
...
2.6
...
.8
2.0
...
...
1.1
...
...
...
...
...
...
2.1
...
...
...
...
15.7
...
.8
1.9
1.2
4.5
1.5
...
.1
...
...
5.2
.5
...
...
...
...
1.7
1.1
...
...
...
...
12.9
...
1.3
1.3
.7
10.3
1.8
...
...
...
1.0
.2
...
1.8
2.5
2.7
4.1
...
...
3.0
...
...
...
...
...
...
...
...
...
...
...
1.5
...
...
.3
...
29
19
...
56
19
dd
12
dd
25
dd
15
dd
dd
dd
48
dd
54
dd
39
17
22
22
53
64
17
dd
...
13
10
dd
7
45
dd
69
dd
7
22
21
cc
23
cc
dd
11
dd
dd
dd
25
10
25
42
dd
dd
25
15
cc
20
22
14
17
dd
17
17
16
17
dd
38
dd
dd
dd
dd
dd
dd
dd
26
46
dd
61
dd
9.40
36.06
21.23
84.13
15.90
.41
15.80
26.25
116.05
5.85
26.49
8.30
3.40
4.11
73.57
9.19
95.00
1.18
96.41
5.61
40.00
21.20
44.91
32.40
53.30
13.10
30.14
337.53
10.50
41.40
12.21
51.55
32.50
82.03
10.43
9.88
46.34
302.87
192.02
49.90
28.58
75.46
6.20
9.02
15.10
15.55
11.96
17.03
65.65
8.79
20.01
4.40
123.87
23.55
16.65
92.51
16.19
33.00
15.58
17.74
55.23
28.96
1.77
27.49
5.71
52.05
1.13
4.40
17.30
14.79
11.00
3.47
28.87
46.85
55.32
8.25
216.14
25.79
–0.50
–1.74
–0.36
–1.39
–0.05
–0.05
–0.10
–1.90
+1.03
–0.29
–1.58
+0.51
+0.11
–0.14
+1.17
–1.69
+3.00
–0.14
+2.50
–1.08
–0.90
+0.79
+0.21
–5.05
–0.01
–2.30
+0.44
–16.50
–0.10
–1.25
–0.01
+0.15
+8.75
+0.27
–2.48
+0.78
+2.10
+22.35
–7.99
+4.95
–0.53
+1.98
–0.08
+0.15
+1.23
+1.35
–0.10
+0.55
+2.60
–0.10
–2.77
–0.10
–2.86
–1.25
–0.80
–1.88
–0.83
–1.15
–0.92
–0.06
+0.20
–0.79
+0.16
+0.01
–0.62
–1.05
–0.01
–0.46
–4.50
–0.52
+0.75
–0.45
+1.54
–3.15
–1.69
–2.04
+7.45
–0.86
...
.23
...
.16
.08
...
...
.07
...
...
...
...
...
...
.38
...
5.00
.045
1.50
.22
...
.04
.21
.10
.60
.05
...
.36
...
...
.16
.06
...
...
...
...
.20
.83
...
...
...
...
.20
...
.10
.10
.02
.44
.30
...
...
...
.30
.01
...
.42
.10
.22
.16
...
...
.22
...
...
...
...
...
...
...
...
...
...
...
.175
...
...
.15
...
6.8
...
...
...
...
...
...
...
...
...
dd
dd
dd
18
58
dd
dd
dd
dd
dd
1.17
5.50
10.01
214.43
90.29
1.84
5.56
8.04
11.80
27.19
+0.04 .02
–1.08 ...
+0.27 ...
+1.93 ...
+0.40 ...
+0.05 ...
–0.18 ...
–0.92 ...
+0.84 ...
+0.78 ...
N
O
52-Week
High Low Name
30.70
11.30
11.91
6.26
39.00
33.64
124.13
18.95
14.90
46.90
28.67
74.55
27.09
55.40
22.03
4.04
1.67
0.99
10.89
11.40
2.45
9.00
35.45
40.34
10.40
3.80
21.46
30.60
23.01
53.95
5.70
4.08
2.87
19.00
54.33
23.00
21.15
47.45
4.20
56.10
15.93
19.51
11.80
21.65
5.87
4.70
2.97
23.45
21.52
79.35
15.21
8.55
27.75
15.83
38.50
8.71
31.50
10.85
0.78
0.02
0.02
2.91
7.80
1.18
6.50
29.30
2.24
6.40
2.13
16.66
18.45
7.84
28.01
1.58
1.32
1.25
15.30
32.51
17.03
2.80
34.05
1.25
13.75
5.28
12.19
9.34
OceanFirstFin
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
OptiNose
OpusBank
OraSureTechs
Orbotech
OrexigenTherap
OrganovoHoldings
OriginAgritech
OritaniFinancial
OrthofixIntl
OrthoPediatrics
Otonomy
OtterTail
Ovascience
Overstock
OvidTherap
OxfordImmunotec
OxfordLane
Tick
Div
Sym Yld P/E Last Chg. Amt.
OCFC
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
OPTN
OPB
OSUR
ORBK
OREX
ONVO
SEED
ORIT
OFIX
KIDS
OTIC
OTTR
OVAS
OSTK
OVID
OXFD
OXLC
2.3
...
...
3.1
2.4
...
.3
3.1
.3
...
.4
1.4
...
...
...
...
...
...
...
...
...
...
1.6
...
...
...
...
...
...
...
...
...
...
4.3
...
...
...
2.8
...
...
...
...
15.6
22
7
dd
6
16
dd
29
15
16
39
17
42
dd
dd
24
dd
...
...
dd
14
dd
44
59
2
dd
cc
...
36
26
25
dd
dd
dd
14
cc
...
dd
25
dd
dd
...
dd
...
25.84
6.22
5.37
3.27
35.45
29.19
118.90
16.95
12.45
44.95
19.40
64.29
18.17
46.40
21.56
1.25
.05
.04
4.87
9.20
2.04
7.00
33.42
2.86
7.70
2.45
17.32
24.80
14.25
52.20
1.65
1.54
1.34
16.15
51.44
19.75
5.18
45.60
1.39
53.15
9.03
12.94
10.28
–1.16
+0.03
–0.36
+0.04
–0.10
+0.69
–2.13
–1.25
–1.15
+0.45
–0.07
–2.24
+3.24
–3.10
–0.09
–0.01
+0.01
–0.01
+0.36
–0.30
–0.01
–0.18
–1.06
+0.59
–0.91
–0.02
–2.76
–1.10
–0.57
+3.52
–0.12
–0.02
+0.05
–0.50
–0.45
–1.05
+2.17
–0.50
–0.11
+8.60
+1.29
–0.31
–0.38
.15
...
...
.025
.21
...
.10
.13
.01
...
.02
.22
...
...
...
...
...
...
...
...
...
...
.132
...
...
...
...
...
...
...
...
...
...
.175
...
...
...
.32
...
...
...
...
.40
...
2.7
...
...
3.1
...
...
...
...
...
...
...
...
...
...
...
...
1.4
...
...
...
...
4.5
...
.7
1.5
...
...
1.2
1.3
...
...
.2
...
8.1
3.1
.4
3.1
...
...
5.5
.6
.2
...
...
9.6
4.1
3.9
2.8
1.5
2.9
...
...
...
...
...
...
...
...
...
2.1
1.2
...
...
...
.9
...
...
...
1.2
3.0
...
...
3.0
3.7
.7
1.4
1.1
3.1
28
dd
15
13
dd
dd
cc
6
...
dd
dd
dd
27
44
dd
cc
dd
18
dd
24
23
dd
15
dd
24
21
dd
dd
18
22
34
20
15
16
dd
19
dd
28
cc
57
dd
17
97
3
14
7
18
19
16
18
16
24
40
dd
dd
dd
dd
21
dd
...
25
20
46
14
54
20
...
dd
19
30
17
dd
cc
24
cc
42
18
22
15
34.84
7.40
25.85
10.00
7.13
50.00
15.79
3.04
15.06
11.50
11.85
17.65
33.55
79.06
7.25
64.79
16.05
69.59
2.92
8.55
37.05
42.05
44.70
3.79
14.62
59.53
5.70
21.65
41.90
12.05
5.10
87.40
18.00
18.02
20.91
33.38
20.84
64.57
47.64
73.99
5.05
31.71
53.90
26.88
38.72
7.49
46.25
17.71
31.64
31.94
44.68
9.65
18.69
1.80
1.00
8.45
2.99
23.39
2.86
19.70
37.29
34.60
9.10
34.53
27.20
63.85
5.72
10.41
61.07
119.55
33.51
48.95
11.90
52.60
27.79
80.20
57.77
73.50
19.56
+5.34
+0.05
–0.64
–3.85
+0.46
–0.42
+0.35
–0.04
+0.06
–0.21
–0.24
–1.35
+4.55
–4.36
–0.15
–1.46
–1.39
–1.73
–0.11
–0.90
–2.05
+5.95
–2.82
+0.32
–1.53
–1.94
+0.04
–0.75
–4.30
–0.54
–0.25
–4.50
+0.50
–1.16
–1.80
–2.77
+0.58
+0.58
–2.67
+0.60
+0.20
–2.82
–3.95
+0.82
–0.59
+0.06
–1.02
–0.78
–1.99
–0.91
–1.57
+2.08
–0.31
–0.03
–0.06
+0.18
+0.16
+0.90
–0.06
–5.29
+0.73
–3.10
–0.05
+3.14
+0.95
–2.55
+0.25
+0.23
+1.05
–1.75
–0.64
–2.62
+0.85
+0.75
–0.63
+0.05
–3.47
+3.01
–0.72
...
.05
.34
...
.055
...
...
...
...
...
...
5.00
...
...
...
...
...
.25
...
...
...
...
.50
...
.025
.225
...
...
.125
.04
...
...
.01
...
.422
.26
.02
.50
...
...
.07
.05
.03
...
...
.18
.47
.1725
.22
.12
.32
...
...
...
...
...
...
...
...
...
.20
.10
...
...
...
.14
...
...
...
.37
.25
...
...
.40
.26
.14
.20
.20
.15
PQ
36.35
8.75
30.48
31.20
8.48
84.88
24.44
3.77
15.25
19.05
18.45
20.20
42.70
84.38
7.75
67.12
22.00
75.68
8.32
9.70
42.55
58.95
57.53
9.31
21.29
90.49
6.80
29.00
47.80
13.07
6.41
96.25
18.00
27.32
26.56
49.26
29.76
65.62
53.96
75.45
6.20
35.85
64.85
27.27
61.97
8.68
52.65
20.13
35.43
39.73
50.54
10.13
20.22
4.05
2.38
9.30
7.15
29.00
4.10
28.23
50.90
40.25
12.10
35.00
27.37
71.85
6.22
12.27
62.56
124.26
45.96
67.10
14.55
56.35
47.24
86.60
66.58
75.76
22.92
14.50
5.60
23.52
9.60
4.86
36.74
14.11
1.93
14.50
9.01
8.09
13.05
25.72
51.16
4.85
45.57
8.12
58.38
2.66
5.70
28.75
29.81
43.08
3.10
13.80
57.22
3.50
12.45
34.25
9.15
4.31
59.55
13.00
17.60
18.68
33.18
14.83
54.20
29.69
38.06
4.00
23.22
32.65
12.77
15.00
6.86
38.12
15.97
26.20
21.25
39.00
5.77
16.20
1.50
0.95
7.10
1.83
16.35
2.60
18.92
19.21
26.10
7.55
17.15
13.15
53.80
2.44
9.81
47.55
95.00
32.05
17.15
10.50
38.35
26.76
61.44
40.51
44.50
15.68
PAM Transport
P&FIndustries
PCConnection
PCM
PC-Tel
PDC Energy
PDF Solutions
PDL Biopharm
PDLCommBncp
PHI
PHI NV
PICO
PRA Group
PRA HealthSci
PRGXGlobal
PTC
PTC Therap
Paccar
PacBiosciCA
PacificMercBncp
PacificPremBncp
PaciraPharm
PacWestBancorp
PainTherap
PanAmerSilver
PapaJohn's
PapaMurphy's
ParatekPharma
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
PTSI
PFIN
CNXN
PCMI
PCTI
PDCE
PDFS
PDLI
PDLB
PHII
PHIIK
PICO
PRAA
PRAH
PRGX
PTC
PTCT
PCAR
PACB
PMBC
PPBI
PCRX
PACW
PTIE
PAAS
PZZA
FRSH
PRTK
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
52-Week
High Low Name
36.50
5.88
16.90
2067.99
94.00
3.26
15.39
30.00
11.72
42.97
97.92
6.90
9.58
26.36
11.45
16.67
70.00
58.01
20.66
18.96
2.45
6.98
136.90
39.70
31.85
50.00
26.55
36.34
81.20
70.24
17.74
58.25
25.45
2.20
2.48
45.55
9.38
3.28
7.74
27.16
1.86
12.75
1459.49
78.00
1.40
10.47
21.83
4.60
27.16
69.19
3.55
5.51
8.00
1.10
1.53
45.13
34.89
17.62
14.78
1.03
0.50
28.35
23.60
21.38
35.85
11.60
27.51
49.53
48.92
12.61
30.61
9.60
1.26
0.77
18.25
2.61
1.80
3.22
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
Quarterhill g
QuickLogic
Quidel
QuinStreet
Qumu
Quotient
25.32
135.54
28.65
6.99
36.10
2.85
31.99
17.86
15.15
6.00
27.84
5.26
55.97
11.90
19.68
14.78
14.90
108.29
16.50
20.25
37.40
6.70
5.45
45.10
41.60
74.11
27.31
33.49
543.55
3.38
23.63
45.32
13.55
13.89
46.81
44.04
9.90
19.80
11.95
22.37
26.44
28.75
33.81
6.88
4.33
23.90
9.05
8.98
20.10
13.23
36.65
69.81
4.66
94.39
54.11
51.39
22.65
122.68
21.26
78.88
11.80
4.51
16.30
1.40
16.31
11.05
10.20
2.70
11.20
0.63
27.16
5.25
12.84
4.23
11.30
67.54
13.36
11.26
23.65
0.25
3.90
27.20
18.51
45.20
20.87
19.29
340.09
0.79
15.95
36.71
8.25
7.76
28.48
31.97
4.30
12.05
5.36
17.87
15.55
15.85
21.38
5.31
1.94
14.30
5.46
5.01
10.25
9.65
15.75
52.85
2.51
60.21
25.60
25.50
15.75
78.35
RBB Bancorp
RBC Bearings
RCI Hospitality
RCM Tech
REGENXBIO
RF Industries
RGC Resources
RISE Education
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
RestorationRob
RetailOppor
Retrophin
RevanceTherap
RhythmPharm
RichardsonElec
RigelPharm
RigNet
RiverviewBncp
RockwellMedical
RockyBrands
RockyMtnChoc
Roku
RossStores
RoyalBcshsPA A
RoyalGold
RushEnt A
RushEnt B
RuthsHospitality
Ryanair
42.36
170.82
4.04
66.00
16.45
119.20
13.20
38.24
1.71
9.74
19.40
41.25
73.16
42.48
12.25
223.82
29.10
27.35
83.30
98.80
67.35
8.25
31.72
102.29
1.52
44.64
13.20
55.79
8.62
11.50
1.10
2.68
1.00
25.40
45.03
28.43
7.70
138.16
19.07
17.30
65.30
44.55
39.85
5.10
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
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
QTRH
QUIK
QDEL
QNST
QUMU
QTNT
...
...
...
...
.9
...
...
.9
...
1.3
...
...
12.1
...
...
...
...
...
3.0
.7
...
...
...
.8
.8
.5
5.0
...
...
3.5
...
...
...
2.3
...
...
...
...
...
dd
dd
cc
24
27
dd
dd
21
dd
dd
dd
dd
12
dd
dd
dd
dd
10
46
89
dd
dd
dd
dd
dd
16
25
...
dd
25
30
52
cc
35
dd
dd
dd
dd
dd
27.79
3.91
15.76
1697.25
79.95
2.07
12.59
26.09
5.60
42.15
90.26
3.55
5.96
17.05
1.85
1.63
56.63
55.61
18.86
17.94
1.38
1.62
103.00
37.25
31.75
42.00
16.73
31.54
79.57
64.57
13.04
56.90
12.02
1.73
1.68
37.72
8.85
2.46
4.71
–4.30
+0.84
+1.14
–197.24
–1.85
–0.08
+1.58
–1.94
–0.54
+0.05
–1.54
–0.40
+0.31
+2.38
–0.15
–0.07
–5.67
–0.10
–0.49
–0.23
+0.15
+0.05
–27.45
–2.00
+0.30
–4.20
–0.17
–2.16
+5.73
+2.76
–0.31
–0.45
–2.84
–0.21
+0.13
–1.33
+0.37
+0.06
–0.42
...
...
...
...
.35
...
...
.06
...
.14
...
...
.06
...
...
...
...
...
.14
.03
...
...
...
.072
.06
.05
.21
...
...
.57
...
...
...
.0099
...
...
...
...
...
...
...
.4
...
...
3.2
2.1
...
1.6
...
...
...
...
...
...
...
...
1.1
...
...
1.6
...
...
...
...
...
1.5
...
...
...
3.7
1.8
...
2.8
...
2.3
...
3.1
...
3.9
...
...
...
3.8
...
...
1.0
...
2.4
4.2
...
1.0
...
1.1
...
...
1.8
...
14
42
25
50
dd
dd
32
41
36
dd
dd
dd
dd
43
dd
dd
cc
31
dd
dd
38
dd
dd
cc
dd
49
60
dd
37
dd
cc
18
dd
dd
59
16
62
33
...
56
dd
dd
...
dd
dd
dd
20
dd
30
19
dd
22
11
56
26
24
21
16
23.58
122.67
28.22
6.52
27.50
2.50
27.00
11.42
12.79
4.75
14.13
.75
28.10
10.00
19.31
4.29
14.48
90.55
14.75
19.01
32.50
.65
4.13
44.10
27.56
46.95
26.48
20.93
404.54
.94
18.45
40.00
11.35
11.39
34.73
37.60
8.70
15.55
7.19
19.01
21.75
26.80
24.21
6.32
3.85
15.10
8.73
6.74
18.10
11.37
33.25
65.76
4.23
85.61
49.37
46.30
19.90
111.25
–0.55
–0.66
+0.54
+0.02
–1.30
+0.10
–0.58
–1.91
–0.25
–0.05
+1.82
–0.59
–1.46
–0.60
–0.14
–1.80
–0.05
–0.71
–0.08
+0.83
–0.70
–1.13
–0.59
–0.50
–1.36
–20.00
+1.75
–1.97
–3.87
–0.14
–0.05
–1.72
–0.20
+0.85
–4.20
–1.94
–0.30
–0.25
+0.27
+0.58
–3.21
+0.60
–1.68
–0.41
–0.03
–1.60
–0.07
+0.69
+0.45
+0.04
+13.70
+1.63
–0.27
–0.39
–1.23
–1.14
–1.35
–1.17
.08
...
.03
...
...
.02
.145
...
.05
...
...
...
...
...
...
...
...
1.00
...
...
.13
...
...
...
...
...
.10
...
...
...
.17
.18
...
.08
...
.22
...
.12
...
.1875
...
...
...
.06
...
...
.0225
...
.11
.12
...
.16
...
.24
...
...
.09
...
2.3
...
...
.9
1.4
...
...
...
...
...
...
...
...
.7
...
...
10.7
3.0
3.9
...
...
5.0
17
cc
dd
28
13
35
15
dd
dd
5
...
19
96
38
16
23
16
28
20
dd
30
26
38.61
168.95
1.76
64.68
14.25
105.84
10.14
29.55
1.68
5.75
1.23
37.05
47.10
39.86
8.67
208.88
19.46
18.93
81.65
96.04
61.15
5.15
–2.61
+14.42
–0.22
–0.23
–0.80
–3.62
–0.28
–1.00
+0.13
+1.20
–0.06
+0.60
–1.35
–0.69
–0.93
–10.64
+0.13
+0.19
+1.35
+26.96
–3.75
–0.85
.22
...
...
.28
.05
...
...
...
...
...
...
...
...
.07
...
...
.5201
.14
.80
...
...
.065
R
RBB
ROLL
RICK
RCMT
RGNX
RFIL
RGCO
REDU
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
HAIR
ROIC
RTRX
RVNC
RYTM
RELL
RIGL
RNET
RVSB
RMTI
RCKY
RMCF
ROKU
ROST
RBPAA
RGLD
RUSHA
RUSHB
RUTH
RYAAY
ST
STBA
SBAC
SCYX
SEIC
SIFI
SINA
SLM
SGH
SMTX
SORL
SPI
SP
SPSC
SSNC
SSRM
SIVB
SBRA
SABR
SAFT
SAGE
SAIA
SALM
52-Week
High Low Name
166.65
45.64
74.69
17.06
42.95
0.50
57.57
16.23
45.35
31.35
49.38
39.85
49.70
88.45
2.99
25.88
50.96
14.32
5.20
13.46
73.99
12.70
12.99
7.62
12.75
26.79
28.00
60.50
41.95
42.65
44.70
22.52
1.53
17.42
6.25
42.66
41.80
16.69
192.15
31.79
17.92
53.99
29.25
16.68
29.50
2.25
31.95
8.35
164.23
32.50
73.68
95.55
55.68
8.39
16.80
67.00
43.05
7.32
5.89
48.45
117.65
36.74
21.99
40.85
69.00
70.86
22.94
18.46
39.45
30.05
9.05
6.75
7.66
93.85
41.10
39.80
18.48
38.04
23.65
91.75
17.20
40.38
21.95
15.00
60.40
71.46
22.60
9.87
25.98
15.80
233.13
1.39
13.40
64.87
22.10
27.97
21.51
9.70
4.78
40.17
6.93
88.00
18.82
44.40
48.05
30.88
49.20
36.06
100.72
8.85
6.21
17.55
15.28
16.86
26.80
59.97
17.99
10.20
11.70
7.78
31.75
24.00
50.05
24.05
32.80
28.55
74.07
32.20
55.10
2.65
29.15
0.26
26.26
4.60
34.10
17.50
33.51
25.00
12.45
64.87
2.05
17.69
30.60
4.51
0.37
6.31
45.31
6.61
8.25
5.10
8.13
22.51
8.70
38.50
25.80
27.75
29.30
17.14
0.56
8.85
2.78
29.61
24.90
6.50
137.80
15.08
13.25
39.76
15.22
7.20
19.31
1.10
14.75
5.20
116.68
24.36
34.86
61.75
37.37
7.05
11.85
49.75
26.70
4.60
4.22
30.40
71.65
18.89
4.81
31.03
32.48
32.60
20.14
15.89
12.00
22.11
7.02
0.66
4.95
78.60
29.26
25.04
12.90
30.44
11.54
47.03
6.30
18.56
3.85
10.83
30.32
50.64
14.45
3.40
17.38
8.95
99.81
0.76
4.63
52.58
13.25
22.11
10.86
2.25
2.90
31.28
0.89
61.62
7.28
33.50
31.90
16.37
23.00
24.35
64.75
2.00
5.39
9.30
10.64
7.95
22.10
34.17
3.61
6.00
5.84
4.21
17.70
16.65
20.33
7.10
21.90
17.30
SandersonFarms
SandySpringBncp
Sanfilippo
SangamoTherap
Sanmina
Sanofi Rt
SareptaTherap
Savara
ScanSource
SchnitzerSteel
Scholastic
SchulmanA
ScientificGames
ScrippsNetworks
SeaChange
SeacoastBkgFL
Seagate
SearsHoldings
SearsHoldingsWt
SeaSpine
SeattleGenetics
SecooHolding
SecureWorks
SecurityNatFin
SelectBancorp
SelectIncomeREIT
SelectaBiosci
SelectiveIns
Semtech
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
SleepNumber
SmartSand
Snyders-Lance
SodaStream
Sohu.com
SolarCapital
SolarSeniorCap
SolarEdgeTech
Sonic
SonusNetworks
SorrentoTech
SotherlyHotels
SouthState
SouthernFirstBcsh
SoMO Bancorp
SoNtlBcpVA
SouthsideBcshs
SparkEnergy
SparkTherap
SpartanMotors
SpartanNash
SpectrumPharm
SperoTherap
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
SAFM
SASR
JBSS
SGMO
SANM
GCVRZ
SRPT
SVRA
SCSC
SCHN
SCHL
SHLM
SGMS
SNI
SEAC
SBCF
STX
SHLD
SHLDW
SPNE
SGEN
SECO
SCWX
SNFCA
SLCT
SIR
SELB
SIGI
SMTC
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
SNBR
SND
LNCE
SODA
SOHU
SLRC
SUNS
SEDG
SONC
SONS
ROKA
SOHO
SSB
SFST
SMBC
SONA
SBSI
SPKE
ONCE
SPAR
SPTN
SPPI
SPRO
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
.8
2.7
.9
...
...
...
...
...
...
2.8
1.6
2.2
...
1.5
...
...
6.6
...
...
...
...
...
...
...
...
8.1
...
1.2
...
...
...
8.1
...
...
...
.5
.8
...
.2
1.5
1.7
...
...
...
2.2
...
...
...
...
1.3
1.4
...
2.5
3.7
3.2
1.8
2.3
...
.8
.7
1.2
...
...
1.8
...
...
7.6
7.8
...
2.7
...
...
6.5
1.5
...
1.2
2.0
3.3
6.0
...
.7
3.3
...
...
...
...
3.1
...
...
...
...
...
...
2.1
...
1.6
1.1
...
...
1.7
30.5
...
...
...
2.2
...
1.3
...
1.0
...
7.5
...
3.8
...
.2
.6
...
...
...
...
...
1.6
...
...
...
1.0
13
16
18
dd
19
...
dd
dd
16
17
48
43
dd
17
dd
25
14
dd
...
dd
dd
dd
dd
6
20
25
dd
19
41
68
78
36
dd
dd
dd
23
cc
26
27
16
19
cc
...
dd
17
dd
27
dd
17
22
34
54
18
22
19
17
12
dd
30
dd
20
22
13
dd
22
dd
13
13
23
16
dd
dd
dd
22
20
17
52
18
14
dd
35
dd
dd
...
11
dd
36
7
23
dd
23
dd
dd
29
17
40
17
dd
dd
17
dd
dd
cc
19
19
dd
20
22
27
dd
53
dd
19
dd
7
50
dd
dd
dd
7
15
19
35
dd
cc
19
158.51
38.23
57.20
13.45
34.15
.39
54.16
9.53
37.25
26.90
37.00
37.25
47.05
79.18
2.65
24.17
37.99
4.57
.46
10.41
57.96
8.02
9.68
5.45
11.61
25.34
9.03
58.30
39.23
30.45
35.25
19.18
.89
10.34
2.81
39.23
34.65
8.32
140.36
19.44
16.67
40.50
20.09
13.50
25.20
1.92
19.65
5.90
124.93
28.61
71.69
90.95
47.17
7.89
15.15
54.93
31.75
7.17
5.34
45.90
110.41
31.12
8.59
35.48
62.57
54.40
21.70
18.12
38.15
24.11
7.09
1.00
6.72
86.50
39.15
36.84
16.01
34.02
12.05
72.25
14.45
20.09
18.33
14.15
35.82
69.74
16.15
3.90
20.80
14.95
175.00
1.05
10.10
57.04
21.65
25.61
21.01
3.16
3.58
37.23
.98
64.02
17.32
39.75
36.50
20.45
43.85
28.05
95.63
6.00
5.83
10.70
12.55
10.98
24.00
58.95
5.21
7.50
8.70
5.83
20.00
23.24
37.25
9.45
30.00
25.20
+9.66
–2.08
–0.82
+1.35
+1.10
...
+0.70
+0.11
–4.85
–1.65
–0.04
–2.10
–1.25
–0.43
–0.02
–0.14
+1.66
–0.60
–0.07
+0.20
–3.42
+0.02
–0.03
–0.11
+0.06
+0.75
–12.40
–0.25
+0.98
–4.15
...
+0.62
–0.01
+0.37
–0.72
–1.86
–2.60
–0.54
–5.83
+1.03
–0.38
–0.53
–1.31
–1.03
–1.38
–0.07
–2.25
–0.10
–6.67
–0.55
+2.66
–3.00
–0.81
+0.04
–0.90
–2.88
+1.75
–0.08
+0.04
+0.15
–2.78
+0.09
+1.54
–1.51
–3.16
–2.56
+0.32
+0.19
+4.35
–0.84
–0.15
–0.19
+0.74
–3.35
+0.05
–2.36
–0.31
–1.48
–1.55
–9.81
–0.85
–6.20
–1.33
+2.59
–0.31
+2.11
–0.05
–0.18
+0.43
+2.35
+3.75
–0.03
+0.04
+1.01
+1.10
+0.03
+0.01
...
+0.05
–0.28
–0.06
–3.30
–0.12
+1.35
–2.05
–0.78
–3.00
–2.40
+1.73
–0.05
–0.09
+0.15
...
+1.93
–0.95
–0.18
+0.53
–1.30
+0.06
+0.18
–0.30
–0.36
–4.80
+1.45
+1.40
–0.30
1.00
.26
.50
...
...
...
...
...
...
.1875
.15
.205
...
.30
...
...
.63
...
...
...
...
...
...
...
...
.51
...
.18
...
...
...
.39
...
...
...
.05
.26
...
.1527
.075
.07
...
...
...
.14
...
...
...
...
.09
1.00
...
.30
.29
.12
.25
.18
...
.011
.08
.32
...
...
.16
...
...
.41
.1175
...
.16
...
...
.11
.33
...
.11
.08
.02
.1813
...
.05
.165
...
...
...
...
.125
...
...
...
...
...
...
.30
...
.10
.06
...
...
.155
.075
...
...
...
.20
...
.14
1.00
.25
...
.0367
...
.12
...
.01
.09
...
...
...
...
...
.095
...
...
...
.06
M24
BARRON’S
November 13, 2017
Exchange-Traded Portfolios
Tick
Sym Yld
Name
Div
Last Chg. 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
Bats
AlphaArchValMom VMOT
AmCustSatisfCore ACSI
AmplifyCWP Div DIVO
AmplifyOilHdgMLP AMLX
AmplifyYldShSrLoan YESR
AnfieldCapDiv
DALT
AptusBehavioralMom BEMO
AptusFortValue
FTVA
ArrowResCapMgmt ARCM
BernsteinGlbRes BRGL
BernsteinUSRes BERN
CWAIncomeETF CWAI
CambriaEmSharehldr EYLD
CambriaFgnShare FYLD
CambriaGlbAssetAll GAA
CambriaSovHiYdBd SOVB
CambriaTailRiskETF TAIL
CambriaValue
VAMO
DemocraticPolicies DEMS
DeutXIntlCorpBdHdg IFIX
DeutXIntlTreaBd IGVT
DeutX EM Bd
EMIH
DeutXHYCorpBdInt HYIH
DeutXInvGradeBdInt IGIH
DeutscheXEAFESC DBES
DeutscheXEMHighDiv HDEE
DeutscheXEuroHiDiv HDEZ
ElkhornFundComm RCOM
ElkhornLuntLowVol LVHB
ElkhornS&PHiQualPf EPRF
FormulaHdgGrwth FFHG
FormulaFolIncm
FFTI
FormulaFolSmartGrw FFSG
FormulaFolTactGrw FFTG
FranklinLib US
FLQL
FranklinLibUS MC FLQM
FranklinLibUS SC FLQS
GlbX FdrRunCos BOSS
GlbXIconUSBrands LOGO
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
iShBrdUSDHYCpBd USHY
iShConvBond
ICVT
iShCoreMSCIEAFEETF IEFA
iShCurrHdgMSCIMV HACV
iShCurrHdgMSCIEAFE HEFA
iShCurrHdgMSCIEAFE HEFV
iShCurrHdgMSCIEM HEMV
iShCurrHdgMSCIEM HEEM
iShCurrHdgMSCIEur HEUV
iShCurrHdgMSCIEuSC HEUS
iShIntlSelDividend IDV
iShTransportAvg
IYT
iShU.S.Industrials
IYJ
iShUSAerospace&Def ITA
iShUSHomeConstrn ITB
...
...
4.5
...
2.1
...
...
...
...
...
...
2.2
4.1
2.0
2.4
6.4
1.1
.4
...
3.7
.2
4.2
5.3
3.0
2.1
9.3
1.4
...
1.7
5.6
...
2.9
...
...
2.3
1.7
1.5
...
...
...
5.7
...
...
1.6
3.0
2.9
1.1
1.9
...
2.0
3.0
2.1
3.0
3.9
1.4
1.0
4.2
1.9
3.1
1.0
1.4
1.6
.3
27.88
29.57
27.88
11.72
26.88
10.38
30.21
24.89
100.08
25.39
25.56
25.62
32.41
25.37
26.95
27.59
23.17
24.70
20.23
50.52
48.96
24.84
22.99
24.15
29.90
23.74
27.04
27.25
31.98
24.02
26.24
24.92
25.02
25.30
27.61
25.86
25.83
16.93
14.79
15.47
24.84
41.83
26.95
25.21
28.91
29.08
29.50
110.17
49.93
55.40
64.91
29.08
29.73
27.24
27.31
26.79
24.67
29.25
33.31
171.12
140.55
179.22
40.02
–0.04
–0.05
+0.20
–0.26
–0.45
+0.23
–0.06
–0.10
–4.12
–0.01
–0.06
+0.04
–0.62
–0.30
–0.12
+0.10
–0.06
–0.10
+0.03
–0.08
–0.01
–0.38
–0.25
–0.27
–0.30
–0.25
–0.47
+0.25
+0.13
–0.02
–0.27
–0.18
...
+0.22
+0.10
...
...
+0.09
–0.12
–0.10
–0.12
+0.10
...
...
–0.17
–0.56
+0.19
–0.33
–0.27
–0.20
–0.51
+0.04
–0.38
–0.27
+0.22
...
–0.38
–0.53
–0.13
–4.55
–1.27
–2.95
+0.93
.0948
.0488
.3156
.2408
.1417
...
.1782
...
.0193
...
...
.0461
.3332
.1269
.1604
.4446
.0634
.0241
...
.1557
.0069
.0869
.1006
.0611
.307
.551
.0978
...
.136
.112
.055
.0603
...
...
.1579
.1073
.097
...
...
...
.1178
...
.1421
.10
.4326
.4244
.1619
.1753
...
.0911
.9647
.2997
.446
.5299
.1906
.1316
.5124
.2756
.2609
.4236
.5044
.708
.0324
Tick
Sym Yld
Name
iShUSOil&GasExpln IEO
iShUSTelecomm
IYZ
iShEdgeHYDefBd HYDB
iShEdgeInvGrEnhBd IGEB
iShEdgeMSCIMinEAFE EFAV
iShEdgeMSCIMinVlEM EEMV
iShEdgeMSCIMinVol ACWV
iShEdgeMSCIMinUSA USMV
iShMSCIMinVolUSASC SMMV
iShEdgeMultConStp CNSF
iShEdgeMSCIMltFinl FNCF
iShEdgeMultHlthcr HCRF
iShEdgeMSCIMltIndl INDF
iShEdgeMSCIMltMatl MATF
iShEdgeMSCIMltTech TCHF
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
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
1.0
4.4
5.5
3.3
3.9
1.4
2.1
1.7
1.8
2.0
1.3
.4
1.3
1.5
.7
1.1
1.7
2.4
4.0
5.8
9.5
...
1.6
...
4.0
1.3
.5
1.5
1.5
...
2.8
.7
2.4
1.1
3.0
5.9
2.0
2.4
1.3
2.2
.7
...
3.5
2.3
4.3
2.6
3.5
...
3.1
.1
1.6
1.1
...
2.9
2.6
1.7
4.7
2.5
1.7
1.9
5.5
2.1
...
1.9
.4
...
Div
Last Chg. Amt.
62.31
27.96
50.57
50.66
71.56
59.52
82.71
51.58
28.52
24.28
33.68
30.87
31.24
32.98
40.83
100.49
79.78
79.85
51.05
49.60
44.44
49.66
50.91
53.17
50.61
25.38
52.01
57.25
50.08
27.79
49.53
32.34
65.39
48.43
43.07
39.01
60.36
32.23
10.08
78.85
34.68
48.60
26.12
41.92
54.70
25.26
34.05
41.77
18.71
155.87
50.24
49.99
49.80
103.30
100.09
25.12
51.29
51.35
50.13
26.22
27.63
28.12
26.20
29.99
28.27
28.14
+1.03
–0.53
–0.47
+0.05
–0.05
+0.26
+0.04
+0.12
–0.06
–0.07
–0.75
–0.42
–0.18
–0.53
+0.38
–0.66
+0.06
–0.04
–0.23
–0.65
–0.41
–0.05
+0.02
–0.07
–0.46
–0.09
–0.15
–0.68
...
–0.37
–0.78
+0.94
–1.49
+0.69
–0.77
–0.84
–1.39
–0.20
–0.17
–0.63
–0.93
–1.08
–0.25
–0.31
–0.35
–0.19
+0.43
–0.24
+0.10
–0.47
+0.01
+0.01
+0.01
+2.21
–0.55
–0.09
–0.46
–0.36
...
...
–0.06
–0.17
–0.30
–0.19
+0.14
+0.18
.1536
.3054
.2329
.1388
1.397
.4275
.8503
.2191
.1286
.1215
.1074
.0282
.1003
.1275
.0716
.2658
.3402
.4793
.1712
.2402
1.058
.1905
.07
.0544
.1698
.0272
.0232
.2202
.0647
.0136
.6939
.1125
.801
.2655
.638
1.1448
.5998
.3803
.0632
.8847
.1252
.3843
.4526
.4744
1.1823
.054
.299
.1037
.0483
.0218
.0669
.0445
.2573
.7439
.2199
.0359
.1999
.1062
.0709
.4926
.3833
.1505
.0493
.1445
.0263
...
Tick
Sym Yld
Name
NuShESGIntlDev NUDM ...
NuShESG LCGrwth NULG ...
NuShESG LCValue NULV ...
NuShESG MCGrowth NUMG ...
NuShESGMCValue NUMV ...
NuShESG SC
NUSC ...
NuShShTermREIT NURE 3.5
OppEMRevenue REEM ...
OppGlblRev
RGLB ...
OppIntlRevenue REFA ...
PacerIntCashCow100 ICOW ...
PacerGlCashCows GCOW 3.4
PacerTrendEurIndex PTEU ...
PacerTrendpilot450 PTMC ...
PacerTrendpilot100 PTNQ ...
PacerTrendpilot750 PTLC ...
PacerUSCashCows100 COWZ 4.3
PacerUSSCCash100 CALF ...
PointBridgeGOP MAGA ...
PwrShBalMultAsset PSMB 2.4
PwrShConservMult PSMC 2.5
PwrShGrwthMulti PSMG 2.3
PwrShModConserv PSMM 2.5
PwrShFTSEDevXNA PBDM ...
PwrShFTSEEM PBEE ...
PwrShMSCIUSA PBUS ...
PwrShMSCIUSASC PBSM ...
PwrShUSAggBd PBND ...
PwrSh0-5YUSTIPS PBTP ...
PwrShRuss1000Enh USEQ ...
PwrShS&P500Min SPMV ...
PwrShS&P500ValMom SPVM 1.4
PwrShS&PIntlDevHi IDHD 3.9
PwrShS&PSCHiDivLow XSHD 4.4
PwrShS&PSCQual XSHQ .7
PremiseCapFrAdvDiv TCTL ...
PrincipalGlbDiv GDVD 2.0
PrincipalSpectPfd PREF 5.2
ProShCDSShNAHYCred WYDE ...
ProShGlbListedPrv PEX 11.3
ProShHY IntRt
HYHG 5.9
ProShInvGrdIntRt IGHG 3.4
ProShK1FreeCrude OILK ...
ProShLCCorePlus CSM 1.7
ProShDivGrowers EFAD 2.1
ProShMSCIEMDiv EMDV 2.9
ProShMSCIEurDiv EUDV 2.3
ProShMergerETF MRGR 1.1
ProShMornAltSoln ALTS 2.5
ProShRuss2000Div SMDV 2.0
ProShS&P500Arist NOBL 2.2
ProShS&PMC400 REGL 1.7
ProShShortUSDEmgBd EMSH 3.4
ProShTrMgdFut
FUT ...
ProSportsSponsors FANZ ...
QuantXDynBetaUS XUSA ...
QuantXRiskMgdGrw QXGG ...
QuantXRiskMgdMlt QXMI 3.5
QuantXRiskMultiTR QXTR ...
QuantXRiskMgd QXRR ...
REXVolMAXXInvVIXWk VMIN ...
REXVolMAXXLgVIXWk VMAX ...
RealityDIVDivDef DFND ...
RealityDIVCONDivGd GARD ...
RealityDIVCONLdrs LEAD .8
RepublicanPolicies GOP ...
Div
Last Chg. Amt.
26.42
30.63
27.60
28.27
27.00
27.47
26.94
27.43
26.86
27.00
28.64
30.53
30.38
30.03
29.83
27.85
27.08
24.43
26.41
13.36
12.89
13.49
13.14
25.69
25.56
25.76
25.96
25.01
24.98
26.27
25.92
27.00
28.54
24.92
25.92
29.49
26.75
100.32
32.90
41.45
67.22
76.58
21.79
64.04
37.46
54.70
40.71
35.78
38.62
54.74
60.56
52.39
76.64
39.95
21.29
26.86
27.03
25.72
25.61
25.97
37.59
15.33
26.09
23.35
30.18
20.10
–0.27
+0.01
–0.27
–0.05
–0.05
–0.26
+0.50
+0.01
–0.09
–0.26
+0.15
+0.04
–0.57
–0.16
+0.08
–0.03
+0.16
+0.07
–0.08
...
–0.01
–0.16
+0.04
+0.05
+0.23
–0.02
...
...
...
–0.14
...
–0.27
+0.08
...
...
–0.02
–0.16
–0.40
+0.38
–0.20
–0.66
–0.37
+0.47
–0.01
–0.22
–0.26
–0.45
+0.02
+0.07
–1.00
+0.04
–0.63
–0.50
–0.25
+0.05
...
–0.15
–0.10
–0.02
+0.33
–1.71
+0.60
...
–0.04
+0.06
–0.31
...
...
...
...
...
...
.236
.088
.1512
.2024
.0961
.2632
...
.1761
.0688
.2582
.2912
.0638
...
.0788
.0802
.078
.0819
...
...
...
...
.0527
...
.0469
.0777
.0959
.2808
.0916
.0476
.157
.1342
.4363
...
1.1743
.3308
.2173
...
.2688
.1926
.403
.23
.1008
.2413
.2781
.3329
.2225
.2176
...
...
...
...
.2227
...
...
9.9202
...
...
...
.0579
...
Tick
Sym Yld
Name
RevWeightUSLC RVRS
SPDRDoubleEMFixed EMTL
SPDRDoubleShDurTR STOT
SabaClosedEndFds CEFS
SageESG InterCred GUDB
3DPrintingETF
PRNT
TortoiseWaterFd TBLU
TrimTabsAllCapIntl TTAI
TrimTabsFloatShr TTAC
USTaxReformFd TAXR
ValueShIntlQuant IVAL
ValShUSQuantit QVAL
Velocity1xInvVS EXIV
Velocity1xLgVSTOXX EVIX
WearETF
WEAR
WisdTrYdEnhUSST SHAG
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
XtrkrsEurozone EURZ
XtrkrsGermany GRMY
...
2.6
2.0
8.0
...
...
.7
...
...
...
.6
1.1
...
...
...
1.9
...
.2
1.2
1.1
1.5
7.9
7.0
5.2
.1
3.3
5.9
2.1
4.8
3.6
3.2
3.4
1.2
8.7
...
3.0
3.6
Div
Last Chg. Amt.
15.07
50.98
49.47
21.13
49.84
25.26
28.59
26.34
32.09
19.98
32.28
27.40
40.60
14.35
18.26
49.93
25.54
31.53
30.14
24.61
32.50
29.70
31.42
32.21
29.95
49.70
50.76
49.56
49.72
29.17
25.62
31.98
29.97
29.22
26.55
24.12
24.14
+0.10
–0.08
–0.06
–0.24
–0.09
–0.24
+0.09
–0.26
+0.06
–0.09
–0.73
+0.34
–3.12
+0.98
+0.11
–0.14
+0.27
–0.60
–0.25
–0.45
–0.39
–0.06
+0.34
–0.13
–0.69
–0.14
–0.52
+0.03
–0.27
+0.13
...
–0.41
–0.28
–0.04
+0.07
–0.05
–0.52
...
.1089
.0806
.14
...
.0014
.05
...
.052
...
.0482
.0721
...
...
.0085
.0775
...
.015
.09
.065
.125
.5863
.5508
.42
.01
.1375
.2475
.085
.20
.265
.205
.27
.09
.635
.085
.3592
.4341
–0.12
+0.24
–0.42
+0.05
+0.13
+0.72
–0.17
+0.05
–0.19
+0.09
+0.04
+0.41
+0.30
+0.01
+0.04
–0.32
–0.36
–0.08
–0.43
+0.21
–0.14
–0.16
–0.27
–0.17
...
.049
...
...
.0914
.3033
.7895
.1371
.405
.1375
...
.082
...
.1735
.0501
.0663
...
...
...
.54
...
.1527
.1559
.6539
.09
.10
NASDAQ
ALPS/DorseyMom SWIN .7
AlphaMarkActiveMgd SMCP ...
AmplifyOnlineRet IBUY ...
ArrowInvDWATact DWAT .8
BldrsAsia50ADS ADRA 3.5
BMOElkhornDWAMLP BMLP 6.6
BldrsDev100
ADRD 2.4
BldrsEmg50
ADRE 3.8
BldrsEur100
ADRU 2.5
ClearBr AC Grw CACG ...
ClearBrDivStrat YLDE 1.2
ClearBrLCGrw
LRGE ...
CSX-LinksCrudeOil USOI 8.1
CSX Gold
GLDI 6.7
CSX SilverETN
SLVO 9.9
DavisFinl
DFNL ...
DavisUSEquity
DUSA ...
DavisWorldwide DWLD ...
FidelityNasdComp ONEQ .8
FT AltAbsRet
FAAR ...
FT APxJapan
FPA 1.7
FT BICK
BICK 2.1
FTBrazilAlphaDEX FBZ 17.4
FT CEFIncmOpp FCEF 5.0
FT CA MuniHi
FCAL 2.4
29.13
24.04
36.65
11.75
34.31
47.72
22.96
43.05
22.26
26.84
26.73
27.90
25.73
8.94
8.00
22.99
22.39
25.28
265.60
30.25
35.05
29.32
15.07
21.82
50.95
Tick
Sym Yld
Name
FT CanadaAlpha FCAN
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
FTMuniHiIncm
FMHI
FT NasdComBk QABA
FT NasdCleanEdge QCLN
FT NasdClEdSmGr GRID
FT NasdCybersec CIBR
FT NasdGlblAuto CARZ
FT Nasd100xTech QQXT
FT Nasd100Tech QTEC
FT NasdSmartphone FONE
FTNasdaqBk
FTXO
FT NasdFood&Bev FTXG
FT NasdOil&Gas FTXN
FT NasdPharm
FTXH
FT NasdRetail
FTXD
FT NasdSemicon FTXL
FT NasdaqTrans FTXR
FT Nasd100 EW QQEW
FT RBA AmerInd AIRR
FT RBAQualIncm QINC
FTRisingDivAch RDVY
FT RiverFrDynAP RFAP
FT RiverFrDynDev RFDI
FT RiverFrDynEM RFEM
.7
.9
1.8
.2
...
.6
1.8
.7
.8
2.4
.5
4.1
2.4
3.6
...
6.1
7.1
1.5
.8
.6
3.8
4.1
3.3
1.2
4.2
.8
2.3
1.0
.5
...
1.5
6.6
2.8
2.7
2.5
1.0
.8
.1
...
1.4
.2
1.2
3.7
...
1.5
.3
.5
.1
1.6
.1
.8
1.2
1.5
1.3
2.1
.7
1.3
.6
1.1
.3
.4
1.9
1.2
.9
.7
2.4
Div
Last Chg. Amt.
25.80
49.28
29.94
44.10
50.85
60.67
42.85
24.88
26.71
21.71
27.60
18.81
34.48
27.01
52.82
41.43
41.48
60.06
37.72
42.45
48.47
22.74
43.56
27.30
12.16
34.70
58.44
56.20
59.51
20.84
51.70
20.79
22.47
51.95
53.43
32.54
63.03
37.95
20.83
34.39
63.21
53.73
18.76
50.19
50.08
20.47
49.41
21.77
41.28
46.23
72.97
52.39
26.96
19.73
19.73
20.21
19.48
31.56
23.79
56.33
25.91
24.60
28.21
60.93
63.51
69.20
+0.54
–0.04
+0.55
+0.01
–0.29
–0.58
+0.18
–0.38
–0.38
–0.08
–0.01
–0.10
–0.10
–0.09
+0.01
+0.12
–0.64
+0.03
–0.68
–1.11
–0.76
–0.03
+0.24
–0.45
...
–0.30
...
+0.01
–0.16
–0.01
+0.09
–0.13
–0.02
+0.03
+0.09
+0.05
–0.35
–0.32
–0.05
–0.13
–0.62
–0.09
...
+0.10
–2.40
+0.09
–0.61
–0.21
–0.72
+0.19
–0.08
+0.48
–1.34
+0.15
+0.11
+0.93
–0.21
+0.37
–0.08
+0.06
–0.58
–0.13
–0.15
+0.07
–0.76
+0.26
.043
.1066
.1345
.025
.2078
.0909
.1965
.0459
.0527
.1292
.0367
.0639
.2104
.2419
.566
.21
.7411
.075
.0718
.0625
.464
.0775
.3594
.0831
.1287
.0682
.3296
.1429
.0728
.0465
.1938
.3432
.0525
.1175
.1125
.0803
.1234
.0072
.0614
.117
.0337
.1629
.0575
...
.1875
.0157
.0645
.0074
.1664
.0156
.1532
.1529
.1041
.0663
.1024
.0353
.0644
.0462
.065
.0376
.0276
.119
.0875
.1342
.1034
.4067
Name
Tick
Sym Yld
FT RiverFrDynEur RFEU .5
FT SMID CapRising SDVY ...
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 3.7
FT SwitzAlpha
FSZ 6.1
FT TCW Opp
FIXD 2.7
FT TacticalHY
HYLS 5.6
FT TaiwanAlpha
FTW 10.2
FT TotalUSMkt
TUSA .6
FT USEquityDiv RNDV ...
FT UK Alpha
FKU 3.6
FlexShCredScoreUS SKOR 2.6
FlexShCredScUSLg LKOR 4.0
FlexShDiscDurMBS MBSD 3.3
FlexShRealAsset ASET 1.6
FlexSTOXXGlbESGImp ESGG 1.5
FlexSTOXXUSESGImp ESG 1.6
FlexShUSQualLC QLC 1.6
GlbXConsciousCos KRMA ...
GlbXFinTech
FINX ...
GlbX Health&Well BFIT ...
GlbXInternetThings SNSR ...
GlbXLongevityThem LNGR ...
GlbXMSCISuperDiv EFAS 4.8
GlbXMillThematic MILN ...
GlbX Robotics&AI BOTZ ...
GlbXS&P500Catholic CATH ...
GlbXSocialMedia SOCL .1
GlbXSuperDividAlt ALTY 7.1
GlbXSuperDivdREIT SRET 7.2
GlbX Yieldco
YLCO 4.2
HighlandSrLoan SNLN 4.5
HorizDAXGermany DAX 3.5
HorizNasd100
QYLD 7.3
IQ Chaikin US SC CSML .4
IntlMultiAssetDiv YDIV 4.5
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 1.2
iShCoreMSCITotInt IXUS 2.4
iShCore1-5YUSDBd ISTB 2.2
iShCoreS&PUSGrowth IUSG 1.5
iShCoreS&PUSValue IUSV 2.4
iShCoreTotalUSDBd IUSB 2.6
iShCurrHdMSCIGrmny HEWG 3.8
iShSelectDividend DVY 3.1
iShESG1-5YCpBd SUSB 2.1
iShESGUSDCorpBd SUSC 2.9
iShEurDevRealEst IFEU 1.7
iShExponentialTech XT 2.7
iShFallAngelsUSDBd FALN 5.7
iShGNMABondETF GNMA 2.6
iShGlbCleanEnergy ICLN 3.2
iShGlbTimber
WOOD 2.0
Div
Last Chg. Amt.
63.99
19.74
29.05
58.04
40.66
20.66
34.99
27.99
50.65
51.10
50.64
48.42
36.55
31.46
20.79
38.23
50.89
53.24
23.76
28.36
92.44
60.63
31.90
18.65
21.40
15.98
20.00
19.35
18.02
18.58
24.06
31.88
32.36
15.39
15.24
12.33
18.27
31.06
24.50
27.02
18.75
17.14
31.49
17.71
32.96
27.22
65.78
109.35
104.95
122.83
36.86
62.04
49.99
52.53
52.82
50.72
29.19
94.90
25.02
25.23
38.71
34.78
27.45
49.59
9.05
69.95
–1.16
–0.17
–0.12
–0.81
–0.69
–0.29
–0.22
–0.41
–0.20
–0.61
–0.11
–0.41
–0.27
–0.27
+0.16
–0.56
–0.21
–0.73
–0.10
+0.13
–0.21
–0.26
–0.23
–0.03
–0.16
–0.35
–0.12
–0.10
+0.03
–0.03
+0.42
–0.14
–0.35
–0.05
+0.03
–0.22
–0.04
–0.72
+0.10
–0.35
+0.07
+0.70
–0.43
+0.64
–0.07
–0.01
+0.38
–0.48
–0.06
–0.30
+0.53
–0.35
–0.11
+0.06
–0.26
–0.29
–0.72
+0.11
–0.06
–0.20
+0.07
–0.27
–0.32
–0.10
–0.20
–0.47
.0818
...
.04
.0436
.0662
.068
.0459
.1104
.155
.7839
.1152
.225
.9284
.0471
.0766
.3477
.1087
.1756
.0654
.117
.355
.2447
.1303
.1527
...
.0751
.0487
.0683
.0724
.0496
.0085
.0018
.0389
.091
.0915
.1304
.0688
.5466
.149
.0291
.07
...
...
...
...
.1521
.1907
.2316
.1481
.1654
.1133
.7388
.0928
.1989
.3229
.1099
.5589
.7277
.0433
.0608
.1611
.2374
.1302
.1073
.1428
.6902
Nasdaq Issues
52-Week
High Low Name
34.49
34.20
4.25
15.30
64.54
49.94
15.70
7.15
23.00
87.91
25.80
1.84
24.38
17.47
51.22
192.94
19.89
10.60
8.19
68.88
26.00
7.30
97.35
19.54
7.07
31.05
37.88
120.62
45.68
32.50
9.05
21.70
12.50
111.10
13.37
10.15
43.75
9.54
5.10
14.50
34.00
9.65
389.61
18.00
50.15
9.93
93.35
99.05
53.61
9.07
1.79
25.77
23.20
1.96
9.56
33.73
8.71
6.31
2.56
8.05
56.03
15.82
0.83
10.22
15.55
35.57
89.00
14.68
8.90
5.17
51.54
13.27
2.00
65.33
11.76
2.50
10.51
14.37
46.05
21.02
2.15
6.85
12.52
6.60
74.07
7.97
4.95
24.59
2.82
3.40
10.99
28.12
3.60
178.19
10.65
38.45
3.57
63.90
69.00
40.28
4.41
0.70
SykesEnterprises
Symantec
Synacor
Synalloy
Synaptics
Synchronoss
SyndaxPharm
SynergyPharm
Synlogic
Synopsys
Syntel
SyprisSolutions
SyrosPharm
TCP Capital
TD Ameritrade
TESARO
TFS Fin
THL Credit
TICC Capital
T-MobileUS
TPIComposites
TraconPharm
TRowePrice
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
TexasInstruments
TexasRoadhouse
TheBancorp
The9
Tick
Div
Sym Yld P/E Last Chg. Amt.
SYKE
SYMC
SYNC
SYNL
SYNA
SNCR
SNDX
SGYP
SYBX
SNPS
SYNT
SYPR
SYRS
TCPC
AMTD
TSRO
TFSL
TCRD
TICC
TMUS
TPIC
TCON
TROW
TTMI
TTOO
TRHC
TCMD
TTWO
TLND
TNDM
TLF
TEDU
TATT
TECD
TTGT
TNAV
TTEC
TLGT
GLBL
TERP
TBNK
TESO
TSLA
TESS
TTEK
TTPH
TCBI
TXN
TXRH
TBBK
NCTY
...
1.1
...
1.0
...
...
...
...
...
...
...
...
...
9.1
1.7
...
4.6
11.4
13.2
...
...
...
2.4
...
...
...
...
...
...
...
...
...
3.1
...
...
...
1.3
...
...
...
2.6
...
...
5.4
.8
...
...
2.6
1.7
...
...
18
dd
dd
dd
82
24
dd
dd
dd
41
11
3
dd
11
30
dd
48
13
5
22
19
dd
15
26
dd
dd
81
cc
dd
dd
14
25
22
17
cc
dd
38
dd
dd
dd
17
dd
dd
44
24
dd
21
23
28
cc
dd
28.70
28.36
2.45
13.65
40.27
10.47
10.11
2.72
11.10
87.28
23.39
1.55
11.34
15.90
48.86
91.09
14.79
9.45
6.04
56.80
19.66
2.80
93.57
16.62
4.15
28.07
25.23
115.68
43.63
2.74
7.55
14.78
10.85
90.66
13.19
5.00
39.55
3.74
4.75
12.51
30.30
4.30
302.99
14.85
48.50
6.30
80.95
96.94
49.04
9.00
.76
–0.06
–1.52
...
–1.00
+5.73
+0.48
–1.34
–0.30
–2.29
+0.36
–0.22
+0.16
–1.56
–0.20
–0.87
–19.82
–0.76
+0.41
+0.68
–2.11
–3.57
–0.10
–1.00
...
–0.02
–0.19
–2.09
+6.75
+0.97
+0.50
...
+0.06
–0.10
–0.06
+0.75
–0.75
–1.60
–1.43
–0.05
–0.45
–1.14
+0.30
–3.10
–0.65
–0.10
–0.06
–5.00
–1.04
+0.42
+0.13
+0.04
...
.075
...
.13
...
...
...
...
...
...
...
...
...
.36
.21
...
.17
.27
.20
...
...
...
.57
...
...
...
...
...
...
...
...
.16
.3398
...
...
...
.25
...
...
...
.20
...
...
.20
.10
...
...
.62
.21
...
...
52-Week
High Low Name
43.44
25.72
22.40
32.10
7.75
19.22
48.50
22.00
17.95
9.40
34.20
7.15
35.30
78.25
67.30
4.00
14.15
15.15
2.03
7.75
12.20
17.94
8.00
43.22
28.85
43.97
7.40
53.58
26.30
33.00
24.27
15.90
21.75
33.00
9.38
36.79
6.00
9.60
2.00
32.60
31.94
8.52
25.94
20.75
65.90
23.15
10.77
8.20
16.83
2.78
10.23
20.60
15.15
8.60
2.85
15.57
2.10
27.65
49.87
24.02
1.50
5.90
10.15
1.07
2.95
6.20
15.70
1.35
29.01
19.75
26.88
4.22
29.79
17.15
19.53
7.23
10.80
10.16
13.71
7.25
28.16
1.60
6.69
0.56
24.81
24.30
4.17
12.50
11.20
29.23
Tick
Div
Sym Yld P/E Last Chg. Amt.
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
tronc
TrueCar
Trupanion
TrustcoBank
Trustmark
TuesdayMorning
Tuniu
TurtleBeach
21stCenturyFoxA
21stCenturyFoxB
21 Vianet
TwinDisc
TwoRiverBancorp
2U
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
TRNC
TRUE
TRUP
TRST
TRMK
TUES
TOUR
HEAR
FOXA
FOX
VNET
TWIN
TRCB
TWOU
...
...
2.3
1.6
...
...
...
4.3
...
...
...
...
1.8
1.7
...
...
2.8
...
...
...
...
...
...
1.7
...
...
...
...
...
...
...
...
...
...
3.0
2.9
...
...
...
1.2
1.3
...
...
1.0
...
dd
dd
24
14
dd
dd
23
dd
...
dd
17
dd
21
19
50
11
23
20
dd
8
95
...
dd
19
dd
53
19
66
19
16
dd
21
dd
dd
18
18
dd
dd
dd
18
17
...
dd
18
dd
28.77
21.84
8.55
27.25
4.65
14.14
32.90
16.85
10.37
3.58
33.51
5.85
31.85
62.67
51.00
1.65
12.90
12.50
1.50
4.65
6.25
15.90
1.78
39.93
25.00
40.37
4.98
31.19
22.70
29.20
7.48
15.46
11.22
30.19
8.70
31.54
2.75
7.46
.57
28.84
28.07
7.30
25.00
18.17
63.53
–0.47
–0.71
+0.05
–1.24
+0.68
–0.31
–15.15
–0.45
–0.39
–0.19
+1.06
–0.05
–1.75
+3.70
–13.63
–0.15
+0.10
...
+0.02
–0.10
–0.35
...
+0.30
–1.21
–1.60
+0.27
–0.18
–7.69
–0.15
–1.55
–0.72
+0.81
–4.87
–1.53
–0.25
–1.48
–0.35
+0.18
–0.10
+3.87
+3.64
+0.16
+2.31
–1.00
–0.36
...
...
.05
.11
...
...
...
.18
...
...
...
...
.14
.27
...
...
.09
...
...
...
...
...
...
.17
...
...
...
...
...
...
...
...
...
...
.0656
.23
...
...
...
.18
.18
...
...
.045
...
UV
81.55 62.27 UMB Fin
7.23 3.55 USA Tech
UMBF 1.6 19 69.70 –3.18 .275
USAT ... cc 7.05 +0.55 ...
52-Week
High Low Name
16.78
4.13
55.75
101.40
67.80
314.86
233.42
34.59
13.60
91.35
7.90
20.98
39.37
50.30
21.35
23.78
49.35
21.10
30.47
10.00
18.99
50.75
21.25
49.74
10.00
169.89
29.65
20.40
176.50
74.85
114.28
22.44
23.04
32.35
25.56
40.80
41.40
77.95
3.22
4.50
9.00
59.90
37.25
18.99
36.58
51.70
7.70
34.38
15.86
9.80
5.71
5.73
2.25
42.65
63.60
45.71
187.96
180.29
8.81
4.36
44.45
4.15
16.51
29.50
33.16
4.72
19.10
31.70
15.75
23.92
7.32
15.29
38.98
13.75
29.53
6.08
112.01
13.81
12.72
52.10
48.50
77.80
11.65
10.08
24.85
8.19
16.19
13.01
58.50
1.60
3.21
4.00
34.22
24.42
12.60
25.00
24.75
3.90
15.35
6.99
5.75
1.05
USA Truck
USAutoPartsNtwk
US Ecology
US Lime&Min
UbiquitiNetworks
UltaBeauty
UltimateSoftware
UltraClean
UltraPetroleum
UltragenyxPharm
Ultralife
Umpqua
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
VEON
VOXX Intl
VSE
VWR
VandaPharm
VarexImaging
VaronisSystems
VascularBiogenics
VeecoInstr
VeraBradley
Veracyte
Verastem
Tick
Div
Sym Yld P/E Last Chg. Amt.
USAK
PRTS
ECOL
USLM
UBNT
ULTA
ULTI
UCTT
UPL
RARE
ULBI
UMPQ
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
VEON
VOXX
VSEC
VWR
VNDA
VREX
VRNS
VBLT
VECO
VRA
VCYT
VSTM
...
...
1.6
.6
...
...
...
...
...
...
...
3.6
2.5
2.4
...
2.2
3.9
2.0
1.5
1.8
2.7
2.4
4.9
...
3.0
...
14.4
1.2
.1
...
.3
1.3
...
2.8
...
...
...
1.4
...
3.0
...
.6
...
...
...
...
...
...
...
...
...
dd
4
39
25
20
27
cc
12
dd
dd
18
19
19
27
dd
16
18
24
18
20
15
75
22
16
19
11
dd
15
86
76
21
95
dd
19
dd
17
...
20
...
3
dd
18
29
dd
...
dd
dd
dd
27
dd
dd
16.76
2.55
46.40
86.87
62.54
200.76
198.40
23.48
8.65
47.41
6.45
20.08
33.69
49.35
15.89
21.90
34.15
20.25
26.22
8.99
17.48
47.25
17.00
39.89
9.25
121.00
16.63
19.55
175.90
51.25
110.20
21.75
20.00
28.50
20.86
25.40
41.04
74.80
3.18
3.72
6.55
47.34
33.14
13.15
34.67
48.80
7.65
15.80
7.49
6.29
3.47
+2.30
+0.09
–1.65
+1.33
–2.38
–1.29
–8.38
–0.97
+0.58
–2.12
+0.15
–0.49
–0.99
–0.20
–0.05
–0.86
–1.85
+0.30
–1.07
–0.16
–0.66
+1.18
–1.55
+0.45
–0.10
+0.05
+0.16
–0.25
+17.80
+0.05
–2.69
–0.25
–0.80
–0.70
–1.02
+0.68
+4.22
–1.70
–0.04
–0.09
...
–1.00
+0.04
–2.95
+0.17
+0.10
+1.50
–0.50
+0.41
–2.07
–0.10
...
...
.18
.135
...
...
...
...
...
...
...
.18
.21
.29
...
.12
.33
.10
.10
.04
.12
.28
.42
...
.07
...
.60
.06
.03
...
.17
.07
...
.20
...
...
...
.27
...
.11
...
.07
...
...
...
...
...
...
...
...
...
52-Week
High Low Name
Tick
Div
Sym Yld P/E Last Chg. Amt.
44.70
110.82
92.92
29.43
74.92
17.50
24.00
167.86
49.00
46.72
82.19
11.89
25.65
11.74
10.39
3.24
36.42
20.81
6.05
19.07
128.10
48.15
6.50
1.47
30.39
25.99
8.09
33.40
75.71
75.60
18.74
7.76
11.03
1.60
71.46
28.20
22.88
57.75
7.56
13.55
7.85
2.67
0.88
22.43
14.27
3.55
13.10
97.60
18.94
2.25
0.61
24.17
8.10
3.57
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
40.15
119.90
119.12
52.15
16.85
88.00
35.95
59.10
20.40
18.75
21.75
25.95
110.48
16.66
37.20
44.19
25.40
65.34
95.77
11.10
15.15
100.60
84.29
38.95
12.50
63.82
29.55
47.00
16.95
13.75
13.05
14.70
40.12
11.20
24.20
34.81
20.60
49.38
56.26
8.03
WAVE LifeSci
WD-40
WPP
WSFS Financial
WVS Financial
WalgreensBoots
WashingtonFederal
WashTrBcp
WaterstoneFinl
WayneSavings
WaysideTech
Web.com
Weibo
Wendy's
WernerEnterprises
WesBanco
WestBancorp
WestamericaBncp
WesternDigital
WestNewEngBncp
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
...
...
...
...
...
...
...
...
2.6
3.2
...
...
...
...
...
...
4.2
6.8
...
5.8
1.6
...
...
...
8.0
...
...
dd
30
33
27
dd
dd
dd
cc
8
7
dd
24
dd
cc
dd
dd
15
23
4
cc
22
63
dd
2
dd
dd
dd
41.90
109.75
90.21
25.75
22.07
12.48
1.78
148.74
30.60
24.89
68.40
8.55
21.20
8.55
8.51
2.74
23.53
19.95
5.20
16.50
111.90
44.42
5.85
.64
29.35
13.60
5.82
–0.25
+1.26
–0.82
–0.49
–12.44
–1.07
–0.08
–1.23
+2.20
+1.62
+4.28
–0.13
+0.50
–0.08
+0.20
+0.35
–0.37
+0.14
–0.45
+3.05
–4.35
+6.96
–0.50
–0.04
+0.25
–3.29
–0.35
...
...
...
...
...
...
...
...
.20
.20
...
...
...
...
...
...
.25
.337
...
.24
.45
...
...
...
1.1705
...
...
dd
30
10
19
16
19
17
18
17
19
11
45
...
57
30
17
16
24
19
21
22.80
112.90
86.30
46.85
15.50
70.99
33.45
52.85
18.20
17.65
14.35
22.10
105.16
14.50
34.35
38.85
24.25
54.07
88.92
10.10
...
+0.60
+0.06
–2.80
–0.60
+4.12
–0.72
–2.35
–0.65
–0.28
+0.10
–0.90
+8.75
–0.52
–0.70
–1.89
–0.75
–3.13
+1.91
–0.40
...
.49
1.5104
.09
.06
.40
.15
.39
.12
.09
.17
...
...
.07
.07
.26
.18
.40
.50
.03
WXYZ
WVE
WDFC
WPPGY
WSFS
WVFC
WBA
WAFD
WASH
WSBF
WAYN
WSTG
WEB
WB
WEN
WERN
WSBC
WTBA
WABC
WDC
WNEB
...
1.7
3.5
.8
1.5
2.3
1.8
3.0
2.6
2.0
4.7
...
...
1.9
.8
2.7
3.0
3.0
2.2
1.2
52-Week
High Low Name
19.92
4.09
32.30
36.87
28.06
165.00
8.35
38.88
139.05
82.16
13.32
86.15
82.94
111.94
88.26
2.67
31.53
154.67
31.03
20.18
5.05
10.01
29.38
33.30
9.95
75.14
45.95
13.98
16.97
97.59
34.83
25.47
22.97
5.85
39.86
19.81
5.46
35.74
20.37
117.44
50.91
51.23
6.90
48.33
15.65
12.86
6.67
42.60
26.55
25.95
4.09
1.64
0.82
23.75
18.52
21.10
119.70
1.73
24.74
103.00
58.52
7.87
42.80
62.90
65.79
42.01
1.20
22.14
82.51
3.96
2.77
1.80
5.87
18.55
22.61
2.25
50.78
16.70
3.11
7.36
37.81
17.28
3.50
8.53
2.41
30.25
5.90
3.11
23.80
13.91
65.69
32.63
32.56
1.07
35.96
6.38
4.40
4.32
7.70
11.43
5.42
2.40
WestmorelandCoal
WestportFuelSys
WeycoGroup
Willdan
WillisLease
WillisTwrsWatson
Windstream
Wingstop
Winmark
WintrustFin
WisdomTreeInvs
Wix.com
Woodward
Workday
WorldAcceptance
WrightMedical Rt
WrightMedical
WynnResorts
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
Tick
Div
Sym Yld P/E Last Chg. Amt.
WLB
WPRT
WEYS
WLDN
WLFC
WLTW
WIN
WING
WINA
WTFC
WETF
WIX
WWD
WDAY
WRLD
WMGIZ
WMGI
WYNN
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
...
...
3.2
...
...
1.3
...
.7
.4
.7
2.7
...
.6
...
...
...
...
1.3
...
...
...
...
...
...
...
1.9
3.9
...
...
...
...
...
...
...
1.9
...
...
...
...
...
...
...
...
1.5
...
...
...
...
...
...
...
dd
dd
18
23
7
48
dd
53
24
18
54
dd
25
...
10
...
dd
43
dd
dd
18
23
dd
30
dd
30
dd
dd
dd
17
92
dd
5
...
36
cc
dd
...
...
cc
dd
dd
dd
16
...
...
39
dd
19
dd
dd
1.88
3.11
27.89
26.02
25.11
161.57
2.14
38.10
124.55
77.02
11.94
55.65
79.22
107.31
74.78
1.57
23.72
154.03
30.44
4.08
2.55
9.79
21.03
31.37
2.45
71.87
20.40
13.09
12.22
88.90
30.99
16.01
11.43
2.80
34.00
19.25
3.69
27.78
14.94
104.42
39.74
39.54
2.09
43.93
12.45
9.01
4.65
39.85
18.90
12.44
3.89
+0.19
–0.41
–0.18
–0.10
+0.30
+1.98
+0.36
+1.69
–7.20
–3.73
–0.15
–14.00
+1.23
–2.45
–0.75
+0.06
–0.84
+3.94
+6.65
–0.08
–0.25
–0.07
+0.82
–0.96
–0.68
–0.93
+2.65
+1.73
–0.72
–1.61
–2.02
+0.21
–1.52
–0.05
–0.80
+0.85
+0.05
–0.22
–0.16
–9.91
–0.88
–0.94
–0.17
–2.88
–2.20
–2.29
–0.08
–1.25
+1.05
+2.11
–0.03
...
...
.22
...
...
.53
.15
.07
.11
.14
.08
...
.125
...
...
...
...
.50
...
...
...
...
...
...
...
.35
.20
...
...
...
...
...
.80
...
.1602
...
...
...
...
...
...
...
...
.16
...
...
...
...
...
...
...
November 13, 2017
BARRON’S
M25
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
iSh$HYxOil&Gas HYXE
iShIndia50ETF
INDY
iShIntlDevRealEst IFGL
iShIntlTreasuryBd IGOV
iShJPMUSDEmgBd EMB
iShMBSETF
MBB
iShMSCIACWIETF ACWI
iShMSCIACWIexUSETF ACWX
iShMSCIACxJpn AAXJ
iShMSCIBrazilSC EWZS
iShMSCIChinaETF MCHI
iShMSCIEAFEESGOpt ESGD
iShMSCIEAFESC SCZ
iShMSCIEMESGOpt ESGE
iShMSCIEmMkAsia EEMA
iShMSCIEMxChina EMXC
iShMSCIEuropeFinls EUFN
iShMSCIEuropeSmCp IEUS
iShMSCIGlblGoldMin RING
iShMSCIGlbImpact MPCT
iShMSCINZCapped ENZL
iShMSCIQatarCapped QAT
iShMSCITurkeyETF TUR
iShMSCIUAECapped UAE
iShMSCIUSAESGOpt ESGU
iShMornMCValue
JKI
iShNasdaqBiotech IBB
iSh13YearIntlTBd ISHG
iShPHLXSemicond SOXX
iShRuss1000PureUS AMCA
iShS&PSC600Growth IJT
iShUSPfdStk
PFF
iShS&P EM Infra EMIF
iShGlobalInfra
IGF
iShShortTreasuryBd SHV
iSh1-3YTreasuryBd SHY
iSh7-10YTreasuryBd IEF
iSh20+YTreasuryBd TLT
iShUSCreditBdETF CRED
iSh0-5YInvGrdCpBd SLQD
JanusSGGlbQualIncm SGQI
JanusSCGrwAlpha JSML
JanusS/MC GrwAlph JSMD
LeggMasonDev
DDBI
LeggMasonEMDivCore EDBI
LeggMasonGlbInfr INFR
LeggMasonLVHD 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
PrincipalIntlMulti PXUS
PrincplMillennials GENY
PrincipalPriceSet PSET
PrincipalUSMega USMC
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
5.8
.2
2.4
...
4.7
2.4
2.1
2.7
.8
2.2
.6
6.3
2.5
2.6
.7
...
4.8
2.3
.3
2.7
3.8
9.3
5.1
5.6
1.3
2.1
.2
...
1.1
...
.9
6.0
1.3
3.2
1.0
1.1
1.9
2.5
3.1
2.1
4.6
.5
.3
...
...
2.0
3.4
...
...
2.5
.5
1.0
1.1
...
.6
3.3
1.0
.7
...
.1
4.8
.9
2.6
2.1
.8
1.1
.8
1.2
1.0
...
1.7
.2
1.5
1.0
.9
.2
.8
1.0
3.4
.3
3.8
1.7
9.7
7.6
1.3
1.6
1.8
...
...
2.0
.8
1.5
1.1
2.0
...
2.1
...
.4
.1
.7
.9
2.2
.3
...
...
1.1
.9
...
...
...
...
...
...
...
...
.1
2.4
.8
...
...
1.6
5.0
1.2
3.3
1.7
.9
2.9
4.1
2.4
2.2
1.9
1.2
2.6
Div
Last Chg. Amt.
51.02
35.75
29.73
48.78
114.45
106.50
70.38
49.18
76.08
15.11
67.39
67.02
62.39
72.05
73.69
52.57
22.84
55.57
18.06
57.50
45.04
14.31
40.48
16.78
56.59
151.94
312.18
82.86
176.48
25.50
162.61
38.19
32.95
45.67
110.28
84.14
105.83
124.10
111.23
50.36
28.38
35.05
36.45
29.29
32.65
29.59
30.64
25.69
24.74
24.94
28.19
31.17
55.66
17.95
27.24
19.78
30.22
50.65
101.00
46.55
26.94
27.99
29.00
25.25
66.52
47.84
61.50
37.59
33.70
68.64
59.52
53.85
29.58
125.35
26.58
19.10
25.20
43.92
17.22
35.63
15.96
50.46
23.16
36.57
60.12
52.63
24.97
21.12
112.45
32.58
153.68
29.99
54.72
69.21
15.27
53.28
91.61
60.71
77.71
50.05
54.04
25.27
29.12
29.78
99.98
32.53
30.88
25.19
43.83
53.49
31.46
133.75
12.54
22.63
23.36
40.64
25.41
28.00
124.80
22.80
55.38
79.61
60.00
87.25
64.25
64.58
65.54
93.15
76.50
52.55
118.44
134.21
104.33
–0.63
–0.77
+0.32
+0.15
–0.97
–0.41
–0.21
–0.27
+0.18
–0.54
+1.56
–0.53
–0.80
+0.49
+0.09
+0.01
–0.08
–1.00
+0.18
–0.80
–0.49
–0.72
–0.72
–0.97
–0.15
–0.35
–4.69
+0.57
+0.48
–0.18
–1.40
–0.11
–0.58
+0.10
...
–0.04
–0.54
–1.54
–0.74
–0.10
+0.10
–0.65
–0.30
–0.16
+0.01
–0.10
+0.10
–0.24
–1.14
+0.13
–0.46
–0.86
–0.25
+0.28
–0.19
+0.26
–0.26
–0.15
–0.48
–1.14
–0.03
–0.32
+0.02
+0.05
–0.81
–0.49
+0.51
+0.60
–0.62
–1.43
–0.39
–0.25
+0.09
–0.97
–0.09
+0.15
–0.16
+1.02
+0.02
–0.01
+0.06
–2.29
–0.03
+0.58
+0.46
–2.41
...
–0.06
–1.61
–0.20
–0.01
+0.20
–0.28
–3.19
+0.81
–0.69
+0.97
–1.23
–0.20
–0.97
+0.17
+0.05
–0.28
–0.17
...
+0.41
+0.06
–0.04
+0.04
–1.59
–1.46
+1.03
+0.54
–0.19
+0.69
–0.07
–0.07
+0.19
–2.43
–0.38
+0.28
–0.79
+0.11
–0.54
–0.22
–0.05
–0.31
–1.54
–0.89
–0.17
–0.20
+0.22
–0.47
.2469
.0398
.1793
.0095
.4451
.2144
.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
.1909
.214
.7358
.0901
.0784
.1643
.2631
.2854
.0872
.3267
.0456
.029
.75
.0155
.1492
.2588
...
...
.1586
.0387
.0768
.148
1.1242
.041
.1649
.0765
.0867
...
.0138
.1078
.0643
.1889
.1319
.1272
.1347
.1191
.1138
.0847
...
.253
.0214
.1118
.3209
.0614
.0103
.0498
.1081
.049
.0237
.1536
.2185
.187
.2302
.2005
.2096
.0383
.345
...
.0535
.3194
.112
.147
.3547
.0192
.2755
.0195
.0661
.0139
.082
.117
.046
.0206
...
...
.0892
.0713
...
.1407
...
...
...
...
...
...
.0549
.0512
.2232
.327
.097
.221
.335
.176
.237
.09
.143
.479
.32
.15
.097
.555
.408
.675
Name
Tick
Sym Yld
VangdRuss3000 VTHR
VangdRuss2000 VTWO
VangdRuss2000Grw VTWG
VangdRuss2000Val VTWV
VangdSTCpBd
VCSH
VangdSTGovBd VGSH
VangdShtTmInfltn VTIP
VangdTotalCpBd VTC
VangdTotIntlBd BNDX
VangdTotIntlStk VXUS
VS2xVIXMedTerm TVIZ
VS2xVIXShortTerm TVIX
VSInverseVIXSTerm XIV
VSVIXShortTerm VIIX
VicShDevEnhVol
CIZ
VicShDivAccel
VSDA
VicShEMHiDivVol CEY
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
VS 3X GOLD
UGLD
WeatherStorm
FLAG
WisdTrBarUSAggBd AGZD
WisdTrBarNegUSBd AGND
WisdTrChinaxSOE CXSE
WisdTrEMConGrwth EMCG
WisdTrEM CpBd EMCB
WisdTrEMQualDivGrw DGRE
WisdTrGermanyHdg DXGE
WisdTrIntRtHYBd HYZD
WisdTrJapanHdgSC DXJS
WisdTrMEDiv
GULF
WisdTrNegHYBd HYND
WisdTrUSQltyDiv DGRW
WisdTrUSSCQltyDiv DGRS
WisdTrUK Hdg
DXPS
1.9
1.3
.7
1.8
2.3
1.2
...
...
1.1
2.1
...
...
...
...
2.9
1.7
...
.4
8.9
3.1
1.2
3.7
1.4
1.5
3.7
2.3
3.7
1.2
.4
.3
.5
...
...
2.6
2.4
2.2
.7
2.4
4.0
4.4
3.3
5.1
.0
.4
5.2
1.4
1.6
7.5
Div
Last Chg. Amt.
118.40
117.67
129.70
105.90
79.64
60.50
49.58
84.40
54.81
55.73
11.77
8.77
108.83
14.71
34.47
26.51
24.82
29.18
35.80
39.83
43.04
45.00
46.53
46.60
43.84
26.36
42.06
44.02
49.72
31.68
27.56
46.60
10.55
39.11
48.23
43.62
85.88
25.30
72.82
25.71
32.29
24.07
44.58
16.82
20.59
39.43
33.88
24.12
–0.26
–1.63
–1.49
–1.32
–0.15
–0.02
+0.02
–0.36
–0.14
–0.30
+0.76
+0.52
–3.64
+0.51
–0.22
–0.35
–0.18
–0.13
...
–0.24
–0.69
+0.05
–0.22
–0.20
+0.02
+0.05
–0.47
–0.79
–0.27
+0.04
–0.26
–0.67
+0.11
+0.08
...
+0.20
+3.48
+0.25
–0.40
–0.04
–0.76
–0.17
–0.43
–0.40
–0.02
+0.03
–0.43
–0.38
.557
.389
.231
.476
.153
.06
.374
...
.048
.298
...
...
...
...
.0825
.037
...
.0091
.2652
.1019
.0426
.1406
.0537
.0569
.1349
.0502
.1283
.0449
.0474
.0223
.0315
...
...
.2552
.095
.08
.14
.15
.24
.285
.27
.1025
.0012
.015
.09
.045
.045
.455
NYSE
GuggCreditAlloc GGM 9.5 22.79 +0.37 .1813
NuvShrtDurCrOppFd JSD 7.4 17.22 –0.19 .106
NYSE ARCA
AIPoweredEquity AIEQ ...
ALPS CohenStrs
GRI 2.9
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 ...
AdvShKIMKorea KOR ...
AdvShNewTech
FNG ...
AdvShNewfleet
MINC 2.5
AdvShPacAsEnFR FLRT 3.2
AdvShPeritusHY HYLD 7.3
AdvShRangerEqBear HDGE ...
AdvShStrGlbBW VEGA .7
AdvShSageCore HOLD 1.6
AdvShWilshireBuybk TTFS 1.1
AGFiQHdgDivIncm DIVA 3.1
AGFiQ US NeutAB BTAL ...
AGFiQ US NeutrMom MOM ...
AGFiQ US Neutral SIZ ...
AGFiQ US NeutrVal CHEP ...
AlerianEnergyInfr ENFR 4.3
AlerianMLPETF AMLP 7.8
AlphaCloneAltAlpha ALFA ...
ArrowDJGlobalYd GYLD 5.8
ArrowQVMEquityFact QVM 1.6
iPathS&P500VIXST VXX ...
PathS&P500VIXMT VXZ ...
BarclyiPathBCrude OILB ...
BarcETNFIEnhEur50 FEEU ...
BarclaysETN FI Enh FLEU ...
BarcETN+FIEnhGlHY FIGY ...
S&PVEQTOR
VQT ...
BarclaysETN+Select ATMP 5.9
BarclaysETNShiller CAPE ...
BarclaysWILETN
WIL ...
Barrons400ETF BFOR .7
BluStrTABIGIIsrael ITEQ ...
BrandValueETF BVAL ...
BuzzUSSentLdrs BUZ ...
CSOPFTSEChinaA50 AFTY .8
CSOPMSCIChinaAInt CNHX ...
CTrksETNsMillerHwd MLPC 6.0
CambriaCoreEqu CCOR 1.4
CambriaGlbMomentum GMOM 1.8
CambriaGlbValue GVAL 1.6
CambriaShareholder SYLD 1.9
ChangeFinDivImp CHGX ...
ClearSharesOCIO OCIO ...
ColumbiaBeyBRICs BBRC 2.2
ColumbiaDivFixed DIAL ...
ColumbiaEMCoreXCh XCEM 1.0
ColumbiaEMQualDiv HILO 2.5
ColumbiaEMConsumer ECON .6
ColumbiaIndiaCnsmr INCO .1
ColumbiaIndiaInfr INXX 2.1
ColumbiaIndiaSC SCIN .6
ColumbiaSustGlb ESGW 2.1
ColumbiaSustIntl ESGN 1.0
ColumbiaSustUSEqu ESGS 2.5
CnsmrDiscSelSector XLY 1.4
CnsStapleSelSector XLP 2.6
CSAxela3xInvBrent DBRT ...
CSAxela3xLgBrent UBRT ...
CS FI LC Grwth
FLGE ...
CSX2xAlerianMLPETN AMJL 11.2
CSX Mthly2xLvMtg REML 6.3
CSX MultiAsstHi MLTI 3.2
24.41
45.34
24.51
67.70
28.31
30.36
44.05
24.58
32.96
34.70
42.99
33.88
56.40
29.53
31.42
22.85
48.65
49.12
36.12
8.40
30.41
99.47
67.44
24.99
19.60
24.84
19.63
24.38
22.51
10.56
41.92
18.08
26.39
34.80
20.00
56.06
126.28
151.68
163.17
152.73
20.55
112.00
64.35
39.81
31.22
14.56
31.30
18.33
29.84
15.23
25.34
26.42
24.70
35.88
18.18
26.17
17.88
19.85
28.15
15.12
27.28
45.92
15.29
21.15
30.38
30.59
30.12
92.37
54.28
62.05
154.99
214.21
19.25
27.80
28.00
–0.19
+0.88
–0.07
+0.23
–0.18
–0.69
+0.06
–1.00
–0.28
–0.60
–0.33
–0.30
–0.74
–0.16
–0.37
+0.01
–0.01
–0.31
–0.17
–0.13
+0.08
...
–0.59
+0.12
+0.24
+0.30
–0.14
–0.50
–0.02
–0.21
–0.25
–0.07
–0.47
+1.14
+0.65
+2.82
–3.40
–3.53
–0.75
+0.37
+0.09
–0.12
–0.31
–0.39
–0.88
+0.08
+0.06
+0.43
+0.34
–0.09
–0.12
–0.23
–0.16
–0.14
–0.09
+0.01
–0.03
–0.14
–0.47
+0.05
+0.02
+0.06
–0.37
–0.80
–0.20
–0.21
–0.37
+0.67
+1.14
–6.85
+16.99
+0.27
–0.06
–0.62
–0.07
...
.3314
.2399
.3542
.1477
...
.3675
...
...
...
...
.0301
.3034
.0088
.1147
...
.103
.1295
.2188
...
.2243
.1304
.7253
.1914
...
...
...
...
.2427
.2052
...
.0872
.1084
...
...
...
...
...
...
...
.3022
...
...
.2736
.0919
...
.175
.1543
1.2637
.2301
.0906
.1204
.0997
.1703
...
...
.3962
...
.2811
.0944
.164
.0303
.3174
.1288
.16
.0788
.1857
.3179
.346
...
...
...
.1797
.1469
.0755
Name
Tick
Sym Yld
CSX WTICrude
OIIL ...
CurrShAUD
FXA .8
CurrShGBP
FXB ...
CurrShCAD
FXC .0
CurrShCNY
FXCH ...
CurrShEuro
FXE ...
CurrShJPY
FXY ...
CurrShSGD
FXSG ...
CurrShSEK
FXS ...
CurrShCHF
FXF ...
Cushing30ETN
PPLN ...
DBAgricDoubleLgETN DAG ...
DBAgricLongETN AGF ...
DBBaseMtlsDoubleLg BDD ...
DBBaseMtlsDblShr BOM ...
DBCommodityDblLong DYY ...
DBCrudeOilDblShrt DTO ...
DBCrudeOilLongETN OLO ...
DBGoldDoubleLgETN DGP ...
DBGoldDoubleShrt DZZ ...
DBGoldShortETN DGZ ...
DeepValueETF
DVP 1.4
DeltaShS&P500Mgd DMRL ...
DiamondHillVal DHVW .9
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 .8
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 1.6
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 ...
DirexTotBdBr1
SAGG ...
DirexTransportBl3 TPOR ...
Direx20+TreaBr1 TYBS ...
Direx20+TreaBr3 TMV ...
Direx20+YrTrBull TMF .4
DirexUtilBl3X
UTSL ...
Direx iBillionaire
IBLN .4
DirexNasd100EW QQQE .6
DirexZacksMLPHiIn ZMLP 9.9
EmgMktInternetEcom EMQQ .5
ETF Exposure
TETF ...
ETFMG DroneEcon IFLY .5
ETFMG PrimeCyber HACK ...
ETFMG PrimeJrSilver SILJ ...
ETFMG PrimeMob IPAY ...
ETFMG VideoGame GAMR .5
ETFSBloomAllCmdty BCD ...
ETFSBloomAllCmdty BCI ...
ETFSPhyPrecMtllBsk GLTR ...
AlphaCloneIntl
ALFI .7
ETRACS Alerian MLP AMU 7.1
ETRACSMthPay2xLev CEFL 13.1
ETRACSMthPay2xLev DVHL 6.5
DJ 2xSelect Div
DVYL 2.1
ETRACSMortgageREIT MORL 7.4
S&P2xDivAristoETN SDYL 4.3
ETRACS2xLevUSHiDiv HDLV 7.8
ETRACS2xLevxEn LMLP 3.9
ETRACS2xLevUSREIT LRET 3.7
ETRACSMthPay2xLev MRRL 7.4
ETRACSMthlyPay2x SMHD 8.8
ETRACSMnthly2xLev SPLX ...
ETRACSMnly2xLevISE HOML ...
ETRACSS&PGSCICrude OILX ...
ETRACS2xMLvAlerian MLPQ 17.0
ETRACS2xMLevS&PMLP MLPZ 15.6
ETRACSWFBusDev BDCZ 8.7
E-TRACS Agri
UAG ...
E-TRACS Engy
UBN ...
E-TRACS CMCI
UCI ...
E-TRACS Food
FUD ...
E-TRACS Gold
UBG ...
E-TRACS IndMtl UBM ...
E-TRACS Lvstk
UBC ...
Div
Last Chg. Amt.
33.67
76.64
128.33
77.79
74.20
112.52
84.58
72.46
114.07
94.90
19.64
2.93
10.02
9.49
7.89
2.35
99.65
4.85
24.15
5.60
13.87
28.81
52.43
30.72
41.41
24.20
39.10
36.07
52.14
31.26
30.05
13.29
77.97
28.63
10.08
24.99
115.78
10.32
31.33
46.67
6.05
35.23
35.23
13.68
59.24
27.08
29.03
44.19
19.02
72.95
30.24
73.30
63.37
15.22
29.31
90.31
21.03
15.37
42.23
24.42
26.39
10.25
23.82
40.27
57.59
25.59
22.88
52.72
33.59
41.26
46.58
5.15
73.92
31.82
34.54
13.38
29.20
15.18
157.22
14.07
44.20
8.63
14.05
46.81
34.05
62.51
59.10
7.16
110.24
31.22
27.19
20.04
19.16
20.72
32.06
31.45
41.94
16.23
37.41
17.74
35.08
29.96
10.68
33.90
46.36
25.90
25.52
63.85
24.00
17.13
17.91
19.87
67.39
16.00
77.54
30.34
15.56
26.92
15.96
17.35
50.13
50.54
32.67
35.92
41.50
20.95
18.05
7.77
15.01
18.45
32.66
17.28
20.50
+1.34
+0.12
+1.22
+0.50
–0.29
+0.56
+0.44
+0.46
+0.30
+0.46
+0.18
+0.02
–0.35
–0.49
–0.82
+0.19
–3.71
+0.15
+0.31
–0.05
–0.08
+0.53
+0.20
–0.05
–0.04
+0.34
–1.95
–1.59
+1.49
–0.99
+1.82
+0.28
–1.72
–1.79
...
–1.05
–0.64
–0.48
+1.21
–0.29
–0.33
+1.84
–1.71
+0.49
–2.24
–0.43
+0.33
–0.66
+0.37
+4.83
–1.10
–0.77
–0.34
–0.07
–1.12
–8.12
+0.06
+0.09
–0.80
–2.79
+2.42
–0.68
+1.44
+4.98
–9.84
+0.43
–1.62
+3.76
+0.16
–0.20
+0.13
+0.49
–8.07
+0.06
–0.05
–1.47
+2.45
–0.16
+0.78
+0.15
–0.46
–0.27
+0.54
–1.27
–0.52
–2.61
–3.34
–0.02
–0.08
+0.11
–2.26
–0.17
+0.69
–0.79
+0.54
–0.01
+0.02
+0.02
+0.11
–0.13
–1.53
–0.44
–0.14
–0.02
+0.56
+0.62
+0.13
+0.28
+0.02
+0.01
–0.39
–0.05
+0.02
–0.55
–0.20
+0.01
–0.55
+1.02
–0.28
–0.08
–0.40
+2.08
+2.60
–0.10
+0.90
+0.57
+0.16
+0.67
+0.14
+0.07
+0.26
–0.45
–0.69
...
.0502
...
.0006
...
...
...
.0048
...
...
.3254
...
...
...
...
...
...
...
...
...
...
.1001
.121
.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
.1962
.1068
.1183
.0988
.2795
.196
.0511
.0835
.0988
.1276
...
...
...
1.5309
1.6214
.4547
...
...
...
...
...
...
...
Name
Tick
Sym Yld
E-TRACS Silvr
USV ...
ETracsLngPlat
PTM ...
EcoLogicalStrat HECO .9
ElemntsDJSelct
DOD ...
ElemntsRogrMrngstr WMW ...
ElemntsRogrAgri
RJA ...
ElemntsRogrEngy RJN ...
ElemntsRogrMtls
RJZ ...
ElemntsRogrTr
RJI ...
ElemntsSpectrmLC EEH ...
ElemntsBiofuels
FUE ...
ElemntsGrain
GRU ...
EnSelectSectorSPDR XLE 5.0
Entrepreneur30Fund ENTR ...
ETFS GoldTr
SGOL ...
ETFS PlldmShr
PALL ...
ETFS PltnmShr
PPLT ...
ETFS SilvTr
SIVR ...
EthoClimateLeader ETHO .7
FIEnhancedEur50ETN FIEU ...
FIEnhEurope50ETN FIEE ...
FIEnhancedGlbHiYd FIEG ...
FidelityCorpBd
FCOR 2.6
FidelityDivRising FDRR 2.9
FidelityHiDiv
FDVV 3.7
FidelityLtdTermBd FLTB 1.8
FidelityLowVol
FDLO 1.8
FidelityMSCICnDisc FDIS 1.3
FidelityMSCICnStpl FSTA 2.6
FidelityMSCIEn FENY 4.5
FidelityMSCIFinls FNCL 1.9
FidelityMSCIHlthCr FHLC 1.3
FidelityMSCIIndls FIDU 2.2
FidelityMSCIIT
FTEC 1.0
FidelityMSCIMatls FMAT 1.5
FidelityRealEst
FREL 3.4
FidelityMSCITelSvs FCOM 4.5
FidelityMSCIUtils FUTY 2.8
FidelityMomFactor FDMO 1.2
FidelityQualFactor FQAL 1.9
FidelityTotalBdETF FBND 2.5
FidelityValFactor FVAL 1.9
FinSelSectorSPDR XLF 1.6
FT AustrAlpha
FAUS 5.2
FT ConsDscAlpDx FXD .9
FT ConsStaples
FXG 1.1
FT DJ GlbSelDiv
FGD 3.0
FT DJ Internet
FDN ...
FT Dow30EW
EDOW ...
FT EnergyAlpDx
FXN 1.3
EqCompassRiskMgr ERM 1.0
EqCompassTactical TERM .9
FT DJ SelMicro
FDM .7
FT FTSE DevRE
FFR 1.8
FT FinlsAlpDx
FXO 1.1
FT GlbEngg
FLM .5
FT GlbWindEner
FAN 1.8
FT HlthCareAlpha FXH ...
FTHeitmanPrmRlEst PRME 1.3
FTHorizonMgdVolDev HDMV 5.6
FTHorizonMgdVolDom HUSV 1.2
FT Chindia
FNI 1.3
FT IndlsAlpDx
FXR .7
First Tr Instl Pfd
FPEI 4.1
FT Long/Short
FTLS .5
FT MatAlpDX
FXZ .8
FT MngstrDiv
FDL 2.9
FT MornMgdFut
FMF ...
FT NaturalGas
FCG .2
FT NA Energy Infra EMLP 3.4
FT NYSE ArcaBiotch FBT ...
FT PfdSecs
FPE 4.8
FTSTOXXEurSel Div FDD 1.3
FT S&P REIT
FRI 2.1
FT TechAlphaDEX FXL .2
FT USEquityOpp
FPX .7
FT UtilAlpha
FXU 2.5
FT ValDivFd
FVD 1.8
FT ValueLine100
FVL .5
FT Water
FIW .5
FlexShSelBdFd BNDC 2.4
FlexShCurrHdDM TLDH 1.4
FlexShCurrHdgEM TLEH 4.7
FlexGlbQualRealEst GQRE 2.7
FlexGlbUpstmNatRsc GUNR 2.8
FlexShiBoxx5YTIPS TDTF 2.8
FlexiBx3YDurTIPS TDTT 2.2
FlexShIntQualDiv IQDE 3.6
FlexShIntQuDivDyn IQDY 3.3
FlexShIntlQualDiv IQDF 3.7
FlexShMDevMktxUS TLTD 1.4
FlexShEM FactTilt TLTE 4.7
FlexMrnUSMktFtrTlt TILT 1.6
FlexShQualDivDef QDEF 3.0
FlexShQualDivDyn QDYN 2.9
FlexShQualityDiv QDF 2.8
FlexShReadyAcc RAVI 1.4
FlexShSTOXXGlb NFRA 2.9
FrankFTSEAustralia FLAU ...
FrankFTSEBrazil FLBR ...
FrankFTSECanada FLCA ...
FrankFTSEChina FLCH ...
FrankFTSEEurope FLEE ...
FrankFTSEEurHdg FLEH ...
FrankFTSEFrance FLFR ...
FrankFTSEGermany FLGR ...
FrankFTSE HK
FLHK ...
FrankFTSEItaly
FLIY ...
FrankFTSEJapan FLJP ...
FrankFTSEJapanHdg FLJH ...
FrankFTSEMexico FLMX ...
FrankFTSE SKorea FLKR ...
FrankFTSETaiwan FLTW ...
FrankFTSE UK
FLGB ...
FrankIntlOpps
FLIO ...
FrankInvGradeCp FLCO 3.4
FrankShtDurUSGovt FTSD 2.4
FrankUSLowVol FLLV 2.3
FranklinLibEM
FLQE 1.8
FranklinLibQGlbDiv FLQD 6.3
FranklinGlbEquity FLQG 2.2
FranklinIntlEquity FLQH 10.3
GS ConnS&PGSCI GSC ...
GlbX ChinaConsumer CHIQ .9
GlbX ChinaEner CHIE 1.8
GlbX ChinaFinls CHIX 1.4
GlbX ChinaIndls
CHII 1.3
GlbX ChinaMatls CHIM .7
GlbXCopperMiners COPX .5
GlbXFTSENordReg GXF 3.1
GlbX FTSE SE Asia ASEA 2.2
GlbXFertilizersPot SOIL 2.8
GlbX GoldExplorers GOEX 36.9
Div
Last Chg. Amt.
22.03
9.77
42.60
21.32
28.67
6.11
2.72
8.61
5.32
19.19
6.80
3.42
69.66
15.01
123.59
95.18
88.61
16.49
32.82
130.60
169.62
166.08
50.67
29.55
27.55
50.26
29.45
36.54
32.57
19.33
38.19
39.19
36.54
50.04
33.62
25.13
29.83
36.08
30.64
30.56
50.18
31.17
26.08
33.08
38.63
45.60
25.71
106.19
21.04
14.85
21.23
21.21
45.88
45.83
30.17
58.45
12.65
66.95
20.51
33.55
22.71
39.32
37.63
20.24
37.70
40.98
28.99
47.26
22.79
24.60
120.57
20.06
13.50
23.74
51.99
65.74
27.05
30.11
22.93
46.54
24.95
29.12
30.60
63.21
31.99
25.03
24.57
25.14
27.89
26.30
67.77
58.08
107.27
42.36
41.92
42.82
75.49
47.82
25.53
24.20
25.02
25.63
24.88
25.19
24.93
25.08
25.90
25.34
25.95
25.88
25.06
25.81
25.46
24.86
29.35
24.62
96.12
29.26
32.44
28.12
29.85
25.20
23.37
17.89
12.03
17.95
15.67
21.76
26.08
23.32
16.05
10.16
21.81
–0.45
+0.07
+0.08
+0.20
–0.05
+0.04
+0.10
+0.07
+0.07
–0.01
–0.27
–0.05
+0.98
–0.04
+0.50
–0.14
+0.76
+0.04
–0.13
–4.00
–3.27
+1.11
–0.20
–0.01
–0.01
–0.12
–0.07
+0.27
+0.63
+0.30
–1.03
–0.27
–0.41
+0.06
–0.47
+0.64
–0.44
+0.13
...
–0.02
–0.19
...
–0.70
+0.45
+0.32
+0.67
+0.13
–1.20
–0.08
+0.25
+0.04
+0.02
–0.95
+0.82
–0.25
–0.30
–0.39
–1.29
+0.39
–0.05
+0.09
+0.30
–0.48
–0.05
–0.23
–0.62
+0.08
+0.10
+0.73
+0.05
–3.41
–0.11
–0.08
+0.54
+0.76
–0.30
–0.11
–0.08
–0.16
+0.18
–0.23
–0.43
–0.11
+0.71
+0.06
–0.02
...
–0.12
–0.14
–0.11
–0.38
+0.13
–0.37
+0.09
–0.05
+0.06
–0.02
+0.08
+0.37
–0.28
+0.03
+0.14
–0.11
...
...
–0.33
+0.18
...
–0.21
–0.31
–0.12
+0.21
...
–0.20
–0.17
–0.18
–0.01
–0.04
+0.02
–0.03
+0.03
–0.01
+1.36
+0.41
+0.43
+0.20
–0.23
–0.03
+0.22
–0.39
+0.09
–0.18
+0.19
...
...
3.3075
...
...
...
...
...
...
...
...
...
.8654
...
...
...
...
...
.06
...
...
...
.109
.214
.256
.074
.131
.119
.211
.216
.177
.132
.204
.123
.123
.212
.337
.257
.095
.147
.105
.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
...
.0805
.0454
.1218
.0314
.1163
.1693
.1324
.0275
.0597
.0503
.1024
.3589
.4229
.2205
.0579
.0441
.2252
.2279
.2426
.2442
.6847
.4273
.316
.30
.2959
.0871
.3475
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.3063
.0687
.195
.1712
.2893
.446
.3247
1.2978
...
.1693
.2149
.2577
.1989
.162
.1195
.7183
.3562
.2884
8.0542
Name
Tick
Sym Yld
GlbX GuruIndex GURU
GlbXJPMEfficiente EFFE
GlbX JPM US SecRot SCTO
GlbXLithium&Batt
LIT
GlbX MLP&Energy MLPX
GlbX MLP
MLPA
GlbXMSCIArgentina ARGT
GlbXMSCIColombia GXG
GlbX MSCIGreece GREK
GlbXMSCINigeria NGE
GlbX MSCINorway NORW
GlbXMSCIPakistan PAK
GlbXMSCIPortugal PGAL
GlbXISuperDivEM SDEM
GlbXNextEmerging EMFM
GlbXSciBetaAsiaXJ SCIX
GlbXSciBetaEurope SCID
GlbXSciBetaJapan SCIJ
GlbXSciBetaUS
SCIU
GlbXSilverMiners
SIL
GlblXSuperDividend SDIV
GlbXSuperDivUS
DIV
GlbXSuperIncPfd SPFF
GlbX Uranium
URA
GSAccessHYCorpBd GHYB
GSAccessIGCpBd GIGB
GSActiveBetaEM GEM
GSActiveBetaEurope GSEU
GSActiveBetaIntlEq GSIE
GSActiveBetaJapan GSJY
GSActiveBetaUSLC GSLC
GS Active US SC GSSC
GSHedgeIndVIP GVIP
GSTreasury0-1Y GBIL
GraniteBloomComm COMB
GraniteGold
BAR
GraniteS&P Comm COMG
GuggBull2017CpBd BSCH
GuggBRIC
EEB
GuggBull2017HY BSJH
GuggBull2018CpBd BSCI
GuggBull2018HY BSJI
GuggBull2019CpBd BSCJ
GuggBull2019HY BSJJ
GuggBull2020CpBd BSCK
GuggBull2020HY BSJK
GuggBull2021CpBd BSCL
GuggBull2021HY BSJL
GuggBull2022CpBd BSCM
GuggBull2022HY BSJM
GuggBull2023CpBd BSCN
GuggBull2024CpBd BSCO
GuggBull2025CpBd BSCP
GuggBS2025HYCpBd BSJP
GuggBull2024HY BSJO
GuggBS2027CorpBd BSCR
GuggBull2026CpBd BSCQ
GuggBull2023HY BSJN
GuggCdnEner
ENY
GuggChinaAllCap YAO
GuggChinaRE
TAO
GuggChinaSC
HAO
GuggChinaTech CQQQ
GuggDefEqty
DEF
GuggDJIA Div
DJD
GuggFronMkts
FRN
GuggS&P500EWCD RCD
GuggS&P500EWCnStp RHS
GuggS&P500EW RSP
GuggS&P500EWEner RYE
GuggS&P500EWFin RYF
GuggS&P500EWHlthcr RYH
GuggS&P500EWIndl RGI
GuggS&P500EWMat RTM
GuggS&P500EWTech RYT
GuggS&P500EWUtil RYU
GuggS&P500PureGr RPG
GuggS&P500PrVal RPV
GuggS&P400PrGrwth RFG
GuggS&P400PureVal RFV
GuggS&P600PrGrwth RZG
GuggS&P600PrVal RZV
GuggInsider
NFO
GuggIntlMltAst
HGI
GuggMSCIEMEq EWEM
GuggGlbTimber
CUT
GuggMC Core
CZA
GuggMltiAstIncm CVY
GuggRayJamesSB1 RYJ
GuggS&P500EWRlEst EWRE
GuggS&P500Top50 XLG
GuggS&PGlbl
LVL
GuggS&PGlblWtr CGW
GuggS&PHiIncmInfr GHII
GuggS&PMC400EW EWMC
GuggS&P100EW OEW
GuggS&PSC600EW EWSC
GuggS&PSpinOff CSD
GuggShipping
SEA
GuggSolar
TAN
GuggTR Bond
GTO
GuggUltraShrtDur GSY
HartfordCorpBd HCOR
HartfordMultiDvxUS RODM
HartfordMultiEM ROAM
HartfordMultiGlbSC ROGS
HartfordMultiREIT RORE
HartfordMultiUSEqu ROUS
HartfordQualBd HQBD
HartfordTRBd
HTRB
HealthCareSelSect XLV
HrznsS&P500CovCall HSPX
HullTacticalUS
HTUS
IQ AustraliaSC
KROO
IQ CanadaSC
CNDA
IQEnhCoreBdUS AGGE
IQEnhCorePlusBdUS AGGP
IQ50%HdgFTSEEur HFXE
IQ50%HdgFTSEIntl HFXI
IQ50%HdgFTSEJapan HFXJ
IQGlbAgribusSC CROP
IQGlblOilSmCp
IOIL
IQGlobalResources GRES
IQHedgeEventDriven QED
IQ HedMacrTrac MCRO
IQHedgeMktNeut QMN
IQ HedMultStra
QAI
IQLeadersGTAATrkr QGTA
IQMergerArbitrage MNA
IQRealReturn
CPI
IQS&PHYLowVolBd HYLV
IQ US RealEstSC ROOF
IndSelSectorSPDR XLI
.2
1.4
2.1
1.3
4.3
8.3
.3
1.4
1.7
...
2.4
3.7
3.3
5.0
2.1
3.8
2.4
2.3
1.1
3.5
6.8
5.9
7.2
6.7
4.5
3.0
2.7
1.3
1.6
.0
1.9
...
.8
1.1
...
...
...
1.0
1.1
1.1
1.5
3.2
1.7
4.1
1.9
4.4
2.2
4.6
2.4
5.2
2.4
2.8
2.8
...
5.0
...
2.9
5.2
3.2
1.5
1.3
2.5
.9
1.9
2.2
3.2
1.7
2.0
1.7
5.4
1.4
.6
1.7
1.6
.8
3.0
.8
1.9
.6
1.4
.4
1.3
1.5
3.4
2.5
1.7
1.6
4.2
1.4
2.2
2.0
3.5
1.3
5.3
1.1
1.5
1.0
1.4
4.3
3.4
2.0
1.3
3.1
2.4
1.8
1.5
1.9
1.5
2.2
...
1.5
.9
...
1.5
1.6
2.0
2.0
1.5
2.0
1.0
1.1
3.3
.4
2.2
...
1.4
.0
2.8
.2
...
3.9
4.6
1.8
Div
Last Chg. Amt.
28.56
26.28
25.75
40.31
13.02
9.59
32.37
9.72
8.96
21.09
13.57
14.21
12.06
15.64
23.13
26.44
28.06
31.94
30.13
30.80
21.26
24.91
12.33
14.05
49.54
49.72
34.77
30.97
29.35
33.05
51.37
41.60
52.22
100.02
25.99
127.98
26.92
22.60
37.84
25.69
21.15
25.12
21.14
24.47
21.40
24.62
21.25
24.91
21.25
24.99
20.96
20.88
20.63
24.70
25.57
19.90
19.61
26.42
8.79
35.58
30.05
30.20
63.03
45.45
32.60
14.56
91.59
124.43
96.90
56.67
41.30
173.51
112.14
106.54
142.86
88.97
103.71
62.44
148.65
65.70
107.69
69.24
60.66
17.18
33.29
30.83
64.25
21.51
41.46
28.53
183.77
10.96
35.14
28.38
61.35
31.51
51.84
50.42
11.63
24.67
52.64
50.36
51.45
28.69
24.73
30.50
15.72
29.57
50.50
40.03
81.20
50.23
28.27
18.95
18.52
19.55
19.94
19.90
21.41
22.28
34.33
10.90
27.34
21.24
26.43
25.55
30.07
23.92
30.81
27.53
25.21
27.03
71.06
–0.07
+0.06
+0.19
+1.16
–0.06
–0.20
–0.51
+0.25
–0.43
–0.04
–0.12
+0.12
–0.09
–0.16
–0.02
+0.29
–0.51
–0.10
–0.05
–0.53
–0.03
–0.09
+0.04
+1.93
–0.48
–0.38
+0.05
–0.47
–0.10
–0.07
–0.07
–0.61
–0.31
+0.01
+0.11
+1.23
+0.50
...
+0.38
+0.01
...
–0.09
–0.06
–0.14
–0.02
–0.19
–0.05
–0.22
–0.10
–0.28
–0.08
–0.13
–0.14
–0.30
–0.28
–0.13
–0.21
–0.24
+0.25
+0.45
...
+0.07
+2.67
–0.02
–0.06
–0.06
+1.09
+3.16
+0.17
+1.32
–0.93
–1.61
–1.22
–1.26
+0.15
+0.37
–0.04
–0.27
–1.22
+0.30
–1.32
–0.36
–0.04
–0.08
–0.41
–0.57
–0.61
–0.10
+0.30
+1.01
–0.24
–0.01
–0.07
–0.20
–0.46
+0.24
–0.43
–0.47
–0.16
+0.33
–0.19
+0.02
–0.23
–0.10
–0.03
–0.17
+0.28
–0.09
–0.12
–0.22
–0.41
...
–0.05
+0.18
+0.24
–0.15
–0.18
–0.34
–0.13
–0.09
–0.48
+0.21
+0.05
–0.01
–0.05
–0.06
–0.12
–0.13
–0.19
+0.01
–0.23
+0.35
–0.77
.0532
.3559
.5434
.5242
.1395
.1985
.084
.1349
.152
...
.3222
.5195
.3994
.0652
.4816
1.0171
.6791
.7447
.3429
1.0729
.1205
.1235
.0735
.9365
.1863
.1237
.2377
.1034
.1158
.003
.2476
.0948
.1069
.0879
...
...
...
.0181
.4111
.0245
.0257
.0668
.0296
.0842
.0344
.0909
.0384
.0946
.0419
.1086
.042
.0481
.0486
.1145
.1059
.0543
.0478
.1153
.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
.5947
.1593
.9375
.0952
.4701
.3742
.1732
.122
.1268
.702
.125
.8349
.0857
.055
.1316
.3461
.2191
.2293
.075
.1096
.0946
.0472
.3048
.0375
.2457
.2814
.2926
.0319
.0324
.0746
.1077
.1141
.3809
.361
.0967
.4573
...
.3478
.0005
.1651
.0613
...
.0829
.3086
.3159
Name
Tick
Sym Yld
InfraCapMLPETF AMZA 24.9
InfraCapREITPfd PFFR 17.4
InnovatorIBD50Fd FFTY ...
InspireCpBdImp
IBD 1.7
InspireGlblHope BLES 1.9
Inspire100ETF
BIBL ...
InspireS/MC Impact ISMD .9
iPathBloomAgriTR JJA ...
iPathBloomAlumTR JJU ...
iPathBloomCocoaTR NIB ...
iPathBloomCoffeeTR JO ...
iPathBloomCommTR DJP ...
iPathBloomCopperTR JJC ...
iPathBloomCottonTR BAL ...
iPathBloomEnergyTR JJE ...
iPathBloomGrainsTR JJG ...
iPathBlmIndMetalTR JJM ...
iPathBlmLivestkTR COW ...
iPathBloomNatGasTR GAZ ...
iPathBloomNickelTR JJN ...
iPathBlmPlatinumTR PGM ...
iPathBlPrecMetalTR JJP ...
iPathBloomSoftsTR JJS ...
iPathBloomSugarTR SGG ...
iPathBloomTinTR
JJT ...
iPathCBOE S&P500BW BWV ...
iPathAIGCarbon GRN ...
iPathEUR USD Ex ERO ...
iPathGEMSAsia8ETN AYT .6
iPathGEMSIndexETN JEM 4.4
iPathGSCI nts
GSP ...
iPathGBP USD Ex GBB ...
iPath MSCI India
INP ...
iPathPBAgriculture DIRT ...
iPathPBAluminum FOIL ...
iPathPBBroadCmod BCM ...
iPathPBCocoa
CHOC ...
iPathPBCoffee
CAFE ...
iPathPBCopper CUPM ...
iPathPBCotton
CTNN ...
iPathPBCrudeOil OLEM ...
iPathPBGrains
WEET ...
iPathPBIndstrMtls HEVY ...
iPathPBNickel
NINI ...
iPathPBPrecsMtls BLNG ...
iPathPBSugar
SGAR ...
iPathS&P500DynVIX XVZ ...
iPathGSCrudeOil
OIL ...
iPathS&PMLPETN IMLP 6.9
iShAAA-ARtdCorpBd QLTA 2.7
iShA/PDividend DVYA 6.5
iShAgencyBond
AGZ 1.6
iShCMBSETF
CMBS 2.7
iShGovt/CreditBond GBF 2.2
iSh10-20YTreasBd TLH 1.9
iSh0-5YTIPSBd
STIP 1.6
iShCalifMuniBd
CMF 2.1
iShCommOptimized CMDT ...
iShAggrAllocation AOA 1.2
iShConsAllocat
AOK 1.4
iShCoreDivGrowth DGRO 2.0
iShCore5-10YUSDBd IMTB 3.1
iShGrwthAllocation AOR 1.4
iShCoreHiDividend HDV 3.4
iShCoreMSCIEmgMk IEMG 1.3
iShCoreMSCIEurope IEUR 3.2
iShMSCIIntlDev
IDEV ...
iShCoreMSCIPacific IPAC 2.2
iShModAllocation AOM 1.7
iShCoreS&P500ETF IVV 2.0
iShCoreS&PMdCp IJH 1.4
iShCoreS&PSmCpETF IJR 1.2
iShS&PTotlUSStkMkt ITOT 1.8
iShCore10+YUSDBd ILTB 4.4
iShCoreUSAggBd AGG 2.5
iShCoreUS REIT USRT 3.5
iShCurrHdgIntlHY HHYX ...
iShCurrHdgNikk400 HJPX 1.1
iShCurHdgMSCIACWI HACW 2.1
iShCurHdgMSCIUS HAWX 2.7
iShCurrHdgMSCIAus HAUD 4.2
iShCurrHdgMSCICda HEWC 1.4
iShCurHdgMSCIEAFE HSCZ 2.5
iShCurHdMSCIEurozn HEZU 2.9
iShCurHdgMSCIItaly g HEWI 3.7
iShCurrHdMSCIJapan HEWJ 1.2
iShCurHdgMSCIMex HEWW 2.6
iShCurrHdgMSCISK HEWY .5
iShCurHdgMSCISpain HEWP 2.1
iShCurHdgMSCISwitz HEWL 4.2
iShCurrHdgMSCIUK HEWU 4.6
iShUSBasicMaterial IYM 1.9
iShUSConsumerSvcs IYC 1.2
iShUSConsumerGoods IYK 1.6
iShUSFinlServices IYG 1.3
iShUSHealthcare
IYH 1.1
iShU.S.RealEstate IYR 3.3
iShU.S.Utilities
IDU 2.7
iShUS Energy
IYE 4.5
iShUS Finls
IYF 1.4
iShUSHealthcarePrv IHF .2
iShU.S.Insurance
IAK 1.7
iShUSOilEquip&Svcs IEZ 11.2
iShUSPharmaceuticl IHE 1.2
iShUSRegionalBanks IAT 1.8
iShU.S.Technology IYW .8
iShUSMedDevices IHI .4
iShEdgeMSCIIntlMom IMTM 2.3
iShEdgeMSCIIntQual IQLT 3.6
iShEdgeMSCIIntSize ISZE 4.3
iShEdgeMSCIIntVal IVLU 2.4
iShEdgeMSCIMinVlAs AXJV 1.3
iShEdgeMSCIMnVlEur EUMV 3.7
iShEdgeMSCIMinJapn JPMV 1.5
iShEdgeMSCIMultif ACWF 1.6
iShEdgeMSCIMultInt INTF 3.0
iShEdgeMSCIMlIntSC ISCF 1.7
iShEdgeMSCIMultUSA LRGF 1.7
iShEdgeMSCIUSASC SMLF .8
iShEdgeMSCIUSASize SIZE 2.3
iShEmgMktDividend DVYE 8.7
iShEuropeETF
IEV 3.6
iShResidentRealEst REZ 3.4
iShGlobal100
IOO 2.8
iShGlobalREITETF REET 3.4
iShGoldTr
IAU ...
iShiBoxx$InvGrCpBd LQD 3.2
iShiBondsDec2020Cp IBDL 2.1
iShiBondsDec2018Cp IBDH 1.5
iShiBondsDec2019Cp IBDK 1.8
iShiBondsDec2017Cp IBDJ 1.1
iShiBondsDec2025Cp IBDQ 3.3
iShiBondsDec2024Cp IBDP 3.2
Div
Last Chg. Amt.
8.37
25.68
33.20
25.09
27.43
25.15
25.78
31.12
18.29
27.29
16.43
24.20
35.03
45.48
6.21
25.30
28.60
24.13
.28
14.67
19.10
57.71
30.53
30.47
44.31
76.76
9.46
42.59
41.35
30.00
15.02
34.27
83.75
30.36
29.08
28.58
32.58
11.79
34.00
29.59
16.91
32.00
32.67
20.00
32.97
22.99
23.34
6.11
17.87
52.38
49.13
113.24
51.41
113.76
135.64
100.49
59.33
36.91
54.34
34.57
33.32
49.30
45.22
85.90
55.89
49.24
57.16
59.24
38.07
259.81
182.18
73.35
59.04
63.18
108.99
50.42
27.97
30.25
28.80
26.85
24.39
26.46
30.46
30.36
17.49
33.00
20.37
31.62
22.56
27.21
23.94
97.82
166.75
120.83
120.96
171.08
82.51
138.92
38.18
113.90
146.80
65.83
34.86
150.76
45.61
163.09
171.97
30.46
29.21
27.81
25.90
36.17
25.04
67.01
30.00
28.47
31.47
30.97
38.34
80.80
41.25
46.41
64.54
91.29
25.86
12.26
119.89
25.40
25.14
24.93
24.78
24.96
25.04
+0.02
–0.12
+0.30
–0.19
–0.01
+0.06
–0.16
+0.13
–0.64
+2.48
+0.51
+0.16
–0.52
+0.12
+0.41
–0.10
–0.74
–1.27
+0.02
–0.81
+0.35
+0.51
+0.10
+1.30
–0.19
+0.78
–0.29
+0.09
+0.25
...
+0.34
+0.11
–2.45
+0.37
–0.64
+0.17
+2.62
+0.25
–0.40
+0.37
+0.69
+0.20
–0.46
–0.88
–0.63
+0.29
+0.40
+0.19
+0.15
–0.44
+0.28
–0.16
–0.23
–0.52
–1.07
+0.01
+0.05
+0.33
–0.21
–0.13
–0.10
–0.12
–0.21
+0.08
–0.02
–0.67
–0.34
+0.17
–0.16
–0.37
–0.97
–0.59
–0.16
–0.87
–0.46
+1.18
–0.02
–0.08
+0.02
–0.24
+0.60
+0.06
–0.36
–0.68
–0.31
–0.24
+0.06
+0.56
–0.49
–0.35
–0.35
–1.32
+1.25
+1.57
–3.66
–1.05
+2.08
+0.68
+0.57
–1.56
–2.60
...
+1.36
–1.66
–2.44
+0.03
–1.35
–0.36
–0.15
+0.10
–0.10
+0.31
–0.13
–0.20
...
–0.20
–0.26
–0.03
–0.31
–0.01
–0.25
–0.66
+0.95
–0.36
+0.42
+0.05
–1.24
–0.06
–0.01
–0.02
–0.02
–0.16
–0.14
.52
.3724
...
.0347
.127
...
.0548
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.0222
.11
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.3084
.1175
.7997
.1557
.115
.2109
.219
.133
.1023
...
.157
.0413
.1649
.1282
.1613
.7317
.3609
.7912
.6775
.6389
.1618
1.2839
.6341
.2262
.2665
.2292
.228
.4433
.0277
.1629
.2972
.3559
.515
.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
...
.3211
.0453
.0322
.0384
.0223
.0692
.0667
M26
BARRON’S
November 13, 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
iShiBondsDec2021Cp IBDM
iShiBdsDec2021Muni IBMJ
iShiBondsDec2027Cp IBDS
iShiBondsDec2026Cp IBDR
iShiBondsDec2023Cp IBDO
iShiBondsDec2022Cp IBDN
iShiBdsDec2022Muni IBMK
iShiBdsMar18CpxFin IBCC
iShiBdsMar20CpxFin IBCD
iShiBdsMar23CpxFin IBCE
iShiBondsMar2020Cp IBDC
iShiBondsMar2018Cp IBDB
iShiBondsMar2023Cp IBDD
iShiBdsSep2020Muni IBMI
iShiBdsSep2018Muni IBMG
iShiBdsSep2019Muni IBMH
iShiBoxx$HYCpBd HYG
iShIntRtHdgCorpBd LQDH
iShIntRateHdgEM EMBH
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
2.4
1.2
...
3.3
2.9
2.7
1.4
1.2
1.8
2.7
2.1
1.3
2.9
1.1
.8
1.0
5.0
2.7
4.0
4.8
3.2
...
1.1
1.9
2.0
2.9
4.1
2.6
.7
3.3
1.4
1.5
2.7
1.5
3.1
.8
1.3
3.2
1.8
3.6
1.9
2.8
3.1
2.5
1.5
1.4
3.2
1.2
1.6
1.5
2.9
2.2
2.3
2.3
3.2
.6
.6
1.3
2.1
2.0
1.6
1.7
1.9
4.3
4.3
1.9
3.2
1.7
1.6
4.3
1.9
1.9
1.2
2.5
1.3
.6
1.4
.3
1.7
2.2
2.3
1.1
1.7
2.2
.6
1.0
1.2
1.6
.9
1.7
2.1
1.1
1.7
2.1
1.9
.9
1.4
3.0
1.8
.8
3.5
2.5
2.4
2.6
1.4
3.6
2.3
1.8
...
1.6
1.3
2.2
.7
.6
.9
...
2.3
4.0
1.0
1.7
1.8
.9
1.1
3.3
5.4
7.1
2.6
1.2
1.2
1.0
2.0
...
1.6
Div
Last Chg. Amt.
24.90
25.70
24.76
24.45
25.12
25.01
25.93
24.65
24.60
24.37
26.17
25.58
26.56
25.53
25.39
25.45
87.11
96.00
26.04
90.43
25.60
46.72
64.17
33.15
114.68
41.37
23.17
23.83
44.70
20.94
38.83
29.32
51.80
13.87
69.28
46.29
50.74
30.75
31.17
32.74
28.18
21.21
25.45
26.80
46.06
46.99
30.78
59.08
76.93
95.18
63.41
32.19
49.75
31.27
47.75
37.28
26.74
34.59
25.02
25.86
59.04
74.41
32.61
34.93
34.15
37.56
86.54
107.42
53.25
34.64
85.96
155.16
152.59
100.81
177.67
196.44
164.77
173.04
144.27
110.74
55.90
130.82
143.58
119.35
178.68
146.57
121.65
152.75
92.12
200.56
85.73
71.32
59.49
50.26
114.48
208.44
149.37
34.91
110.47
154.47
58.42
66.96
108.93
38.83
104.05
52.27
67.38
89.31
15.86
153.40
146.61
102.60
45.94
167.90
105.53
15.95
113.71
61.55
50.22
129.21
47.12
116.23
57.69
24.91
47.08
27.18
50.30
30.38
35.13
28.26
25.38
29.88
28.55
–0.06
–0.07
–0.23
–0.15
–0.12
–0.14
–0.06
+0.05
–0.01
–0.10
–0.02
–0.01
–0.08
–0.03
–0.01
...
–0.87
–0.49
–0.30
–0.81
–0.40
+0.02
+0.11
–0.33
–0.30
–1.01
+0.32
–0.01
+0.54
–0.44
–0.48
+0.21
+0.13
+0.29
–0.52
–0.05
–0.57
–0.60
–0.70
–0.65
–0.44
+0.23
+0.42
–0.21
–0.49
–1.20
–0.44
–0.11
–0.29
–0.35
–0.33
+0.29
–0.38
–0.36
+0.66
–0.02
+0.03
+1.38
–0.18
+0.20
–0.75
–1.38
–0.61
–0.62
–0.48
–0.35
–1.11
–0.67
+0.05
–0.21
–0.09
+0.39
+0.32
–0.89
+0.27
–0.02
–0.86
–1.93
–1.37
...
–0.04
+0.10
–0.26
–0.52
–2.11
–2.04
–1.94
–0.35
–1.71
–0.24
–0.07
+0.21
–0.06
–0.27
–0.17
–1.30
+0.23
+0.44
–1.00
...
–0.36
–0.90
–0.57
+0.24
–0.27
+0.24
–0.53
–1.23
+0.15
–0.76
–1.19
+1.09
–0.06
–0.19
–0.10
+0.03
–0.24
–0.83
–0.01
–0.19
+0.84
–0.34
–0.33
–0.18
–0.31
–0.01
...
+0.08
–0.16
+0.17
–0.17
–0.25
+0.45
.0508
.0253
.1054
.0665
.0609
.0566
.0296
.0239
.0372
.0546
.0447
.0283
.0639
.0239
.0162
.0211
.3656
.2145
.0868
.3645
.0686
...
.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
.203
.108
.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
...
.2177
.2065
.0416
.563
.1759
.2592
.1657
.0694
.2137
.483
.1088
.09
.1022
.1367
.254
.4483
.2252
Name
Tick
Sym Yld
HancockMultFinls JHMF .9
HancockHealthcare JHMH 1.2
HancockIndustrials JHMI .9
HancockLC
JHML 1.2
HancockMatls
JHMA 1.0
HancockMC
JHMM .8
HancockMultiSC JHSC ...
HancockTech
JHMT .6
HancockUtils
JHMU 2.5
JPM DivAlt
JPHF ...
JPM DivRetEM
JPEM 1.0
JPMDivRetEurCur JPEH ...
JPMDivReturnEurope JPEU 1.8
JPM DivRetGlEq JPGE 1.8
JPM DivRetIntl
JPIH ...
JPM DivRetIntlEq JPIN 1.4
JPM DivRetUS Eq JPUS .7
JPM Div US MC JPME ...
JPM Div US SC
JPSE ...
JPM US Dividend JDIV ...
JPM US Moment JMOM ...
JPM USQualFactor JQUA ...
JPM US Value
JVAL ...
KnowldgLdrDevWrld KLDW .5
KraneBoseraChinaA KBA ...
KraneEFdChina KCNY ...
KraneEMCnsTech KEMQ ...
KraneMSCIChinaEnv KGRN ...
KraneSh1Belt1Road OBOR ...
KraneZacksNewChina KFYP ...
MadronaDomestic FWDD .6
MadronaGlobalBond FWDB 3.5
MadronaIntl
FWDI 1.7
MktVctDbLngEur URR ...
MkVctrDbShtEur DRR ...
MasterIncomeETF HIPS 7.3
MatlsSelSectorSPDR XLB 2.1
MeidellTactical
MATH ...
MSCushMLPHI MLPY 9.3
MSMrkVecRnmnbi CNY ...
MSMktVectRupee INR ...
NashvilleAreaETF NASH 1.4
NatixisSeeyondIntl MVIN ...
NewfleetMultiUnBd NFLT 4.4
NuShESGUSAggBd NUBD ...
NuShEnhYd1-5Y NUSA 2.9
NuShEnhYdUSBd NUAG 3.1
OShFTSEAsiaPacQlty OASI 2.7
OShFTSEAsiaPacQlty OAPH 1.7
OShsFTSEEurQltyDiv OEUR 3.3
OShFTSEEurQltyDiv OEUH 1.9
OShFTSERussIntl ONTL 2.6
OShRussSC Qu OUSM 2.6
OShFTSEUSQuality OUSA 2.7
OppESGRevenue ESGL 2.3
OppenheimFclsSect RWW 1.2
OppGlbESGRevenue ESGF 2.5
OppenheimerLgCpRev RWL 1.8
OppenheimerMdCpRev RWK 1.1
OppenheimerSmCpRev RWJ 1.0
OppenheimUltraDiv RDIV 4.8
PIMCO25+YrZeroCoup ZROZ 2.6
PIMCO ActiveBd BOND 4.1
PIMCOBrdUSTIPSIdx TIPZ 2.3
PIMCOEnhLowDur LDUR 2.1
PIMCOEnhShMaturity MINT 1.7
PIMCO15+USTIPSIdx LTPZ 2.9
PIMCOIntermMuniBd MUNI 2.3
PIMCOInvGrdCorpBd CORP 3.1
PIMCO1-5USTIPSIdx STPZ 1.1
PIMCO1-3USTreaIdx TUZ 1.1
PIMCO DynMultEM MFEM ...
PIMCO DynMultIn MFDX ...
PIMCO DynMultUS MFUS ...
PIMCOShrtTrmMuniBd SMMU 1.4
PIMCO0-5YrHiYdCorp HYS 4.5
PwrShUsRealEst PSR ...
PwrShAerospace PPA 1.9
PwrShCEF Incm PCEF 6.5
PwrShCAAMTFrMuni PWZ 2.2
PwrShCNYDimSum DSUM 3.7
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 ...
PwrShDynBiot
PBE 1.9
PwrShDynBldg&Con PKB .1
PwrShDynEnerExpln PXE 1.5
PwrShDynFood&Bev PBJ 1.8
PwrShDynLCValue PWV 1.9
PwrShDynLeisure PEJ .3
PwrShDynMkt
PWC 2.1
PwrShDynMedia
PBS .6
PwrShDynNetwork PXQ .6
PwrShDynOilSvs
PXJ 1.7
PwrShDynPharm PJP .8
PwrShDynRetail PMR 1.5
PwrShDynSemicon PSI .1
PwrShDynSoftware PSJ ...
PwrShEmergInfra PXR 2.5
PwrShEM SovDebt PCY 4.8
PwrShEuropeCurr FXEU 1.0
PwrShFTSE US1000 PRF 2.1
PwrShDynLC Grwth PWB .5
PwrShAPac xJapan PAF 3.0
PwrShDevMkt xUS PXF 1.6
PwrShFTSERAFIDevMk PDN .9
PwrShFTSE EM
PXH 6.3
PwrShFinlPfd
PGF 5.4
PwrShFundHYCpBd PHB 4.0
PwrShInvGrdCpBd PFIG 2.6
PwrShGlbClEngy PBD 1.6
PwrShPrivateEqty PSP 14.1
PwrShGlbShtHYBd PGHY 5.1
PwrShIndia
PIN .6
PwrShIntlCorpBd PICB 1.5
PwrShNatAMTFrMuni PZA 3.0
PwrShNYAMTFrMuni PZT 2.7
PwrShS&PEM Mom EEMO 2.6
PwrShS&PIntlDev IDHQ 1.4
PwrShPfdETF
PGX 5.8
PwrShRussMC EW EQWM 1.5
PwrShRussMCGrw PXMG .5
PwrShRussMCVal PXMV 2.2
PwrShRuss1000EqWt EQAL 1.5
Div
Last Chg. Amt.
34.77
30.05
33.23
33.60
33.73
32.83
25.00
41.12
28.94
26.01
57.36
28.85
60.37
61.39
30.06
59.36
68.68
61.89
28.54
25.00
24.89
24.92
24.91
32.59
35.36
34.52
24.79
25.64
25.26
43.23
50.60
26.05
30.13
18.00
54.05
17.75
58.11
32.34
6.95
42.28
41.10
25.61
45.84
25.65
24.97
24.96
24.56
31.41
29.40
25.00
26.82
27.32
26.32
30.73
29.39
64.89
30.46
48.49
57.47
65.58
34.60
116.26
106.03
58.26
100.87
101.73
66.76
53.63
104.79
52.23
50.46
25.19
26.08
26.36
50.28
100.39
83.08
52.01
23.75
26.19
23.39
41.73
19.36
18.48
16.40
14.34
40.58
9.68
37.90
25.93
23.81
21.95
24.54
45.30
32.84
22.11
31.72
37.81
41.72
93.65
27.22
45.32
9.72
63.11
33.55
53.24
64.41
36.62
29.19
23.85
108.71
40.41
59.21
44.58
33.48
21.60
18.82
18.89
25.57
12.93
12.53
24.00
25.20
26.82
25.64
24.55
21.23
23.62
14.92
45.85
40.51
30.57
29.97
–0.64
–0.30
–0.48
–0.10
–0.37
–0.16
+0.01
+0.01
+0.19
–0.19
–0.11
–0.57
–0.91
–0.12
–0.21
–0.26
+0.04
–0.15
–0.29
...
...
...
...
–0.13
+1.11
–0.16
+0.19
+0.15
+0.06
+1.48
–0.03
–0.02
–0.08
–0.21
+2.05
+0.29
–0.72
–0.01
+0.10
–0.89
–0.88
–0.73
–0.23
–0.14
–0.06
–0.01
–0.07
+1.41
–1.60
–0.38
–0.38
–0.08
–0.08
+0.20
–0.17
–1.47
–0.13
+0.02
–0.21
–0.78
+0.36
–1.78
–0.39
+0.30
–0.16
...
–0.39
–0.15
–0.93
–0.02
–0.03
–0.12
–0.18
–0.04
...
–0.63
+2.25
–0.72
–0.17
+0.01
+0.23
–1.06
–0.06
–0.33
+0.18
+0.35
+0.21
+0.23
+0.18
+0.10
–0.12
+0.13
–0.15
–1.27
+0.10
+0.60
–0.51
–0.41
–0.09
–0.17
+0.23
+0.14
+0.33
+0.28
+0.15
–0.52
–0.93
–0.33
–0.29
–0.30
–0.33
–0.12
+0.48
–0.35
–0.19
+0.01
–0.07
–0.15
–0.10
–0.10
–0.25
–0.06
–0.76
+0.02
+0.02
+0.06
+0.07
–0.04
–0.05
+0.01
+0.18
–0.04
–0.01
.163
.174
.142
.2099
.1763
.1275
...
.1312
.3546
.0046
.5931
1.0838
1.1156
1.1303
.4981
.8169
.4585
.4952
.0367
...
...
...
...
.1739
.4604
...
...
...
...
.7066
.3032
.0767
.5109
...
...
.1075
.3019
...
.1614
...
...
.1392
.117
.0933
.0365
.0595
.0643
.0698
.0417
.0695
.0415
.0598
.0581
.0698
.1684
.1907
.1887
.2178
.1559
.1592
.4168
.77
.275
.11
.175
.143
.16
.104
.268
.05
.047
...
...
...
.058
.38
1.6871
.2504
.1278
.0486
.072
.0173
...
...
...
...
...
...
...
...
...
...
...
.2153
.0112
.0818
.1404
.1765
.0348
.4958
.0386
.0646
.0406
.1228
.1242
.0166
.0147
.2308
.1176
.0571
.5796
.0518
.4435
.1833
.0758
.3425
.0841
.0623
.0548
.0513
.4409
.1015
.0357
.0339
.0636
.0553
.1402
.0852
.0719
.1693
.0496
.1666
.112
Name
Tick
Sym Yld
PwrShRussTop200 EQWL
PwrShRussTop200G PXLG
PwrShRussTop200Val PXLV
PwrShRuss2000EW EQWS
PwrShRuss2000Grw PXSG
PwrShRuss2000Val PXSV
PwrShS&P500Down PHDG
PwrShS&P500HiDiv SPHD
PwrShS&P500LoVol SPLV
PwrShS&PEMLowVol EELV
PwrShS&P500BW PBP
PwrShS&P500EnhVal SPVU
PwrShS&P500xRate XRLV
PwrShS&P500HiBeta SPHB
PwrShS&P500Mom SPMO
PwrShS&P500Qual SPHQ
PwrShS&PIntDev IDLV
PwrShS&PIntlDev IDMO
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&P500xFin SPXN
ProShS&P500xTech SPXT
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
ProShrUltraJapan EZJ
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
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 EAFE EFU
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
1.5
.7
2.3
1.0
.3
2.1
2.7
2.9
2.1
4.8
8.9
1.8
1.7
1.4
2.4
2.6
2.5
2.4
1.5
1.6
3.6
3.9
...
.6
4.0
...
.6
1.3
4.3
4.2
...
3.8
1.9
1.7
1.9
2.2
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
.5
...
...
.6
.2
.8
...
...
...
.7
...
...
...
2.7
.0
...
...
...
...
.1
3.2
.0
.4
...
.4
.3
.9
...
...
...
2.8
1.3
1.3
...
...
...
.1
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
Div
Last Chg. Amt.
51.15
44.59
37.57
41.34
30.43
29.71
26.70
41.83
46.95
24.41
22.42
33.05
32.72
40.11
33.11
29.23
33.33
27.90
45.07
45.95
23.03
30.40
105.98
24.92
25.89
24.82
26.12
18.92
41.45
43.11
44.96
27.48
37.30
53.97
52.72
49.89
15.82
40.86
19.41
12.17
23.40
26.09
18.57
11.71
24.24
36.11
15.73
44.17
31.35
28.27
36.08
22.44
104.35
67.73
21.24
8.63
44.27
69.14
118.23
16.58
55.13
84.10
116.18
39.18
39.21
84.46
64.97
65.95
71.29
126.26
88.55
125.93
113.47
36.69
71.44
67.62
65.20
101.79
131.13
57.54
33.99
91.06
88.50
38.71
79.95
51.68
16.06
56.84
79.92
86.20
102.39
73.31
125.67
23.22
10.26
11.73
37.04
12.76
26.45
32.37
13.00
47.68
14.56
27.69
33.16
15.26
9.76
22.31
33.12
17.32
23.18
71.88
15.27
31.59
18.72
21.56
10.35
24.03
27.61
20.48
8.97
40.45
13.82
28.84
19.09
44.31
9.99
31.70
17.41
16.74
35.64
23.57
75.73
+0.03
+0.04
–0.34
–0.54
–0.59
+0.01
–0.10
+0.33
+0.16
–0.07
+0.05
–0.26
+0.07
–0.22
–0.41
...
–0.09
+0.20
–0.08
–0.36
–0.06
–0.21
+0.01
...
–0.07
+0.01
–0.15
–0.34
–0.40
+0.47
–0.27
+0.20
–0.01
+0.12
+0.22
–0.01
+0.05
–0.15
–0.33
+0.15
+0.26
+0.19
+0.02
+0.07
–0.46
–0.09
–0.42
+0.59
+0.05
+0.12
+0.58
+0.28
–3.77
–1.78
+0.86
+1.06
+0.94
+0.19
–0.85
+0.11
–1.65
+2.45
–3.25
+0.32
+0.29
–0.97
–0.88
–1.33
–1.58
–1.80
–0.05
–0.21
–1.23
+1.08
+0.39
+3.32
–1.82
–0.30
+0.62
–0.64
+0.20
–1.94
–0.12
–1.72
–2.11
+0.26
+1.02
+0.47
–0.87
–6.70
–1.41
–3.06
–0.61
+0.22
+0.88
+0.10
+1.39
+0.06
+0.95
+1.86
–0.91
–0.18
+0.36
–1.27
–4.97
–0.35
+0.07
–0.20
+0.97
–0.64
+0.52
–0.82
–0.29
+0.21
+0.35
+0.19
+0.14
+0.36
+0.11
+0.17
...
–1.31
–0.09
–1.50
+0.49
+0.15
–0.07
–0.14
+0.57
+0.04
+0.86
–0.09
–0.74
.1931
.0754
.2178
.102
.0258
.1566
.1812
.1011
.084
.2943
.50
.1489
.045
.1447
.1949
.1873
.2104
.1709
.1679
.1848
.07
.0991
...
.0128
.0856
...
.0376
.0622
.1489
.4576
...
.2581
.1765
.2357
.2518
.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
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
Name
Tick
Sym Yld
ProShsVIXMTFut VIXM
ProShsVIXSTFut VIXY
REXGoldHdgS&P500 GHS
RealEstSectorSPDR XLRE
RealityDIVS
DIVY
ReavesUtilitiesETF UTES
RenaissanceIPOETF IPO
RivFrDynCoreIncm RFCI
RivFrDynUSDiv RFDA
RivFrDynUSFlex RFFC
RivFrDynUnconInc RFUN
RivFrStratIncm
RIGS
SPDRBlackstoneSrLn SRLN
SPDRBloomBarCvSecs CWB
SPDRBloomBarEMLoBd EBND
SPDRBloomBarcHYBd JNK
SPDRBloomBarcIntTm ITE
SPDRBloomBarInCpBd IBND
SPDRBlmBarIntTrBd BWX
SPDRBlmBarInvGrdFR FLRN
SPDRBlBarIssScCpBd CBND
SPDRBloomBarMtgBd MBG
SPDRBloomBarc1-10Y TIPX
SPDRBloomBar1-3MTB BIL
SPDRBloomBarSTHYBd SJNK
SPDRBloomBarSTInTr BWZ
SPDRBloomBarcTIPS IPE
SPDRCitiIntGovBd WIP
SPDRDoubleTRTact TOTL
SPDREUROSTOXXSC SMEZ
SPDRFactSetInnTech XITK
SPDRGlobalDow DGT
SPDR Gold
GLD
SPDR ICE BofAML CJNK
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
SPDRPtfAggBd SPAB
SPDRPtfEM
SPEM
SPDRPtfIntermCpBd SPIB
SPDRPortfolioLC SPLG
SPDRPtfLTCorpBd SPLB
SPDRPtfLgTermTrea SPTL
SPDRPtfMC
SPMD
SPDRS&P500Value SPYV
SPDRS&P500Growth SPYG
SPDRS&P500HiDiv SPYD
SPDRPtfSTCpBd SPSB
SPDRShtTermTrea SPTS
SPDRPtfSC
SPSM
SPDR Ptf TSM
SPTM
SPDRPtfWorldxUS SPDW
SPDRRuss1000LowVol ONEV
SPDRRuss1000Mom ONEO
SPDRRuss1000Yd ONEY
SPDRMomentumTilt MMTM
SPDRS&P1500ValTilt VLU
SPDR S&P500MidGr MDYG
SPDR S&P400MidVl MDYV
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&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&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
Schwab1000Index SCHK
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
SPDR DJRlEst
RWX
SPDR DJREIT
RWR
...
...
...
2.8
...
2.1
.2
2.1
1.0
.3
5.0
4.6
4.1
2.2
4.3
5.6
1.5
.9
1.1
1.7
3.2
3.2
2.5
.9
5.6
.1
3.5
3.7
2.7
2.6
...
1.7
...
4.1
...
1.2
.8
1.6
1.6
2.5
1.6
2.2
1.3
2.8
3.4
1.3
3.9
1.3
1.8
4.5
2.2
.5
2.2
1.0
3.8
2.7
1.6
2.7
7.4
4.2
2.6
4.1
9.6
5.8
3.9
1.9
1.3
3.9
9.4
2.3
1.8
1.8
3.2
1.6
2.1
1.1
1.6
1.2
1.0
1.4
1.6
1.5
2.0
6.5
1.2
1.8
3.2
3.3
2.3
.0
.2
1.3
...
1.2
4.7
1.5
.2
.6
2.3
.7
1.8
1.8
2.4
1.3
2.4
.8
1.4
1.8
1.3
2.0
1.6
2.2
2.1
1.2
1.7
2.1
1.6
...
1.1
2.4
1.6
2.8
1.8
1.3
2.4
1.0
2.3
.9
2.7
...
...
4.8
3.2
Div
Last Chg. Amt.
24.23
28.90
32.53
33.81
26.02
33.82
27.51
24.71
30.59
31.23
26.15
25.22
47.20
51.74
28.97
36.68
59.70
34.32
27.93
30.72
32.22
26.16
19.50
45.72
27.58
31.59
56.39
56.48
48.83
61.18
79.16
81.87
121.13
26.49
120.59
72.24
77.35
63.46
76.90
88.19
60.41
24.30
71.76
63.96
68.50
62.98
64.44
77.83
74.50
52.08
74.46
84.08
49.06
48.32
55.57
28.72
37.18
34.29
30.26
27.82
35.80
32.22
29.48
32.28
36.84
30.54
30.02
28.91
32.05
31.09
73.00
73.86
71.76
110.39
97.55
151.84
99.39
128.92
225.75
125.06
80.12
43.68
53.24
30.12
58.36
62.63
68.44
52.44
47.28
64.13
56.88
91.93
71.81
34.30
16.54
54.35
68.31
79.39
65.68
58.05
70.73
90.71
94.57
37.44
33.13
25.79
40.25
27.56
29.38
30.23
35.38
35.64
35.79
36.35
53.62
33.96
36.11
25.33
50.22
52.04
62.32
48.68
61.66
68.52
52.73
51.16
42.07
67.02
55.25
26.07
23.32
38.61
94.71
+0.84
+0.96
+0.01
+1.06
–0.09
+0.25
–0.27
–0.06
–0.05
–0.11
–0.17
–0.14
–0.16
+0.13
+0.08
–0.32
–0.15
...
+0.13
–0.01
–0.12
–0.07
–0.02
+0.01
–0.19
+0.21
–0.12
+0.48
–0.15
–1.24
–0.50
–0.54
+0.51
–0.24
–0.67
–0.41
–0.10
–0.42
–0.17
–0.34
+0.27
+0.43
–0.35
–0.32
+0.17
+0.17
–0.90
–0.06
–0.11
–0.22
+0.37
+0.10
+0.08
–0.14
–0.05
–0.10
+0.06
–0.16
–0.04
–0.41
–0.41
–0.22
–0.13
+0.08
+0.44
–0.03
–0.03
–0.38
–0.07
–0.22
–0.02
–0.22
+0.33
–0.46
–0.38
–0.86
–0.49
–0.97
–2.00
–0.87
–1.67
–1.99
–0.04
–0.19
–0.47
–0.13
+0.37
+0.02
–0.09
+0.06
–1.61
–0.10
–1.50
+0.48
+0.77
–2.81
–0.39
+1.36
–0.47
–1.78
–0.11
–0.03
–1.12
–0.12
–0.03
+0.14
+0.04
+0.02
–0.10
–0.23
–0.22
+0.02
+0.01
–0.11
–0.16
–0.25
–0.29
–0.05
–0.01
–0.23
–0.14
–0.09
–0.08
+0.12
–0.23
–0.08
+1.05
–0.76
–0.10
–0.23
...
+0.11
+2.40
...
...
.2562
.2356
...
.18
.0157
.0434
.0243
.0085
.108
.0958
.16
.0928
.105
.1698
.0748
.0248
.0261
.0445
.0848
.0687
.0402
.0346
.1278
.0035
.1638
.1757
.1113
.794
.8086
.3443
...
.0911
...
.2151
.1575
.2527
.6229
1.1213
.4785
.1366
.2396
.8896
.581
.4211
1.2655
.4913
.3404
1.1705
.8334
.0992
.0904
.0409
.1763
.0646
.3012
.0772
.5611
.0969
.0778
.3263
.7044
.4683
.3628
.0492
.0314
.2839
.7566
.361
.3209
.3293
.5692
.4437
.5225
.4149
.4034
.3859
.5599
.4395
.3142
.1653
.2608
.4885
.1744
.2774
.5423
.856
.5406
.001
.0268
.2945
1.0654
.205
.1929
.2062
.032
.1249
.3803
.1036
.3195
.4179
.5639
.1204
.2002
.0532
.0481
.4884
.3938
.6084
.5548
.1926
.1907
.1103
.0749
.7131
.5852
...
.0474
.1033
.2557
.3439
.2784
.2153
.3212
.1281
.2378
.1589
.1244
.1281
...
.3365
.7615
Name
Tick
Sym Yld
SPDRGlblRlEst
RWO 3.2
SPDR DJIA Tr
DIA .9
SPDR EurSTOXX FEZ 1.4
SPDR MSCI exUS CWI 2.4
SPDREmMktSmlCp EWX .6
SpdrSPIntDiv
DWX 3.7
SPDR S&PMdCpTr MDY 1.7
SPDR S&P 500
SPY 1.9
SPDR S&P Biotch XBI .2
SPDR SP China
GXC .5
SPDR S&P Div
SDY 2.3
SPDR SP EmAsPac GMF .8
SPDR S&P Home XHB .7
SPDR IntlSC
GWX ...
SPDR S&P MtlMng XME .8
SPDRS&POilGasExpl XOP .8
SPDR S&P Pharm XPH .7
SPDR S&P Retail XRT 1.8
SPDR S&P Semi
XSD .5
SPDR STOXX Eu50 FEU .4
SPDRWelsFrg
PSK 5.4
SpinFieldUVAUncons FFIU ...
Whiskey&SpiritsETF WSKY 1.0
SprottGoldMiners SGDM .0
SprottJrGoldMiners SGDJ 1.7
SummitWaterETF WTRX ...
TechSelectSector XLK 1.3
TeucriumCornFund CORN ...
TeucriumSoybeanFd SOYB ...
TeucriumSugarFund CANE ...
TeucriumWheatFund WEAT ...
TierraXPLatAmRlEst LARE 2.0
TortoiseNAPipeline TPYP 4.7
2xLevLgETRACSWF LBDC 16.9
UBSMLPShort
MLPS ...
UBSNatGasMLPETN MLPG 6.0
UBS FIEnhGlbHY FIHD ...
UBS FIEnhLCGrw FBGX ...
E-TRACS DJ Cmd DJCI ...
UBSProSh3xInvCrd WTID ...
UBSProSh3xLgCrude WTIU ...
UBSWellsFargoETN BDCS 8.7
E-TRACS AlrInfr MLPI 7.0
USAACoreInterBd UITB ...
USAACoreST
USTB ...
USAA EM ValMom UEVM ...
USAA IntlVal
UIVM ...
USAA USA SC Val USVM ...
USAA USA ValMom ULVM ...
USGlbGOGold GOAU ...
U.S.GlobalJetsETF JETS .6
USMktRotationStrat HUSE .5
ETRACS2xBDC BDCL 17.3
US3xOilFd
USOU ...
US3xShrtOilFd USOD ...
UtilitiesSelSector XLU 3.0
VanEckMerkGoldTr OUNZ ...
VanEckAfrica
AFK 2.2
VanEckAgribus
MOO 1.9
VanEckAMTFrIntMuni ITM 2.2
VanEckAMTFrLgMun MLN 2.9
VanEckAMTFrShMuni SMB 1.3
VanEckBDCIncome BIZD 8.8
VanEckBrazilSC
BRF 3.0
VanEckCEFMuni XMPT 4.6
VanEckChinaBond CBON 3.3
VanEckCSI300
PEK .3
VanEckSMEChiNxt CNXT ...
VanEckCoal
KOL .9
VanEckEgypt
EGPT ...
VanEckEM AggBd EMAG 3.9
VanEckEMHYBond HYEM 5.9
VanEckEnvironSvcs EVX .6
VanEckFallAnglHYBd ANGL 5.1
VanEckGaming
BJK 2.4
VanEckGlbAltEn GEX 1.8
VanEckGlblSpinoff SPUN 1.4
VanEckGoldMiner GDX .2
VanEckGreenBd GRNB 1.1
VanEckHiIncmInfra YMLI 7.6
VanEckHiIncMLP YMLP 8.4
VanEckHYMuni
HYD 4.3
VanEckIndiaSC
SCIF .9
VanEckIndonesia
IDX 1.0
VanEckIntlHYBd
IHY 4.3
VanEckInvtGrFR FLTR 1.9
VanEckIsrael
ISRA 1.5
VanEckJPMEMLCBd EMLC 6.0
VanEckJrGold
GDXJ 4.7
VanEckMornIntlMoat MOTI 1.0
VanEckMornWideMoat MOAT 1.0
VanEckMtgREIT MORT 7.9
VanEckNDRCMGLg LFEQ ...
VanEckNatRscs
HAP 1.8
VanEckOilRefin CRAK 2.5
VanEckOilSvcs
OIH 1.8
VanEckPoland
PLND 1.3
VanEckPreRefundMun PRB 1.2
VanEckPfdSecsxFin PFXF 4.7
VanEckRareEarth REMX 1.3
VanEckRetail
RTH 1.7
VanEckRussia
RSX 1.5
VanEckRussiaSC RSXJ 1.8
VanEckSemiconduc SMH .6
VanEckShHYMuni SHYD 3.2
VanEckSteel
SLX 1.0
VanEckUnOil&Gas FRAK .4
VanEckUranium
NLR 3.2
VanEckVietnam
VNM 2.0
VangdCnsmrDiscr VCR 1.5
VangdCnsmrStpls VDC 2.2
VangdExtMkt
VXF 1.1
VangdInfoTech
VGT 1.0
VangdMatrls
VAW 1.9
VangdSC Grwth
VBK .5
VangdSC Val
VBR 1.9
VangdDivApp
VIG 1.8
VangdEnergy
VDE 4.6
VangdExDurTreas EDV 2.8
VangdAWxUSSC VSS 1.6
VangdFTSEDevMk VEA 1.6
VangdFTSE EM VWO 4.7
VangdFTSE Europe VGK 1.6
VangdFTSE Pac
VPL 1.6
VangdFinls
VFH 1.9
VangdFTSEAWxUS VEU 2.2
VangdGrowth
VUG 1.2
VangdHlthCr
VHT 1.4
VangdHiDiv
VYM 2.9
VangdIndls
VIS 1.7
VangdIntermBd
BIV 2.7
VangdLC
VV 2.0
VangdLT Bond
BLV 3.8
Div
Last Chg. Amt.
48.50
234.43
40.82
38.48
50.42
40.41
332.22
258.09
82.77
108.81
92.44
103.94
40.85
35.64
30.78
36.49
41.31
40.18
72.61
35.14
44.43
25.04
31.25
20.05
32.50
31.36
63.50
17.04
18.46
9.82
6.29
29.75
22.98
16.82
12.76
23.78
163.00
213.17
15.91
18.46
20.48
20.83
23.58
50.00
50.17
50.05
50.27
49.33
50.37
12.34
28.97
40.24
16.45
38.50
13.67
55.51
12.58
23.83
59.34
24.12
20.18
17.46
17.02
22.86
26.65
22.70
48.68
36.42
14.98
30.96
21.64
24.58
83.73
29.78
44.03
59.49
23.09
22.52
26.64
13.50
23.91
31.14
61.88
23.75
25.46
25.25
28.78
18.45
32.11
35.57
40.43
23.44
25.53
35.85
28.67
25.78
20.25
24.47
19.75
28.80
83.46
22.28
43.08
102.86
24.30
41.67
15.74
53.76
16.14
145.83
138.98
107.61
164.80
130.95
155.54
127.45
97.10
95.37
117.05
116.10
44.04
44.59
57.68
71.95
65.72
53.66
137.67
151.09
82.52
134.06
84.00
118.51
92.85
+0.86
–0.75
–0.84
–0.20
–0.31
+0.08
–1.64
–0.36
–2.83
+2.24
+0.06
+0.20
+0.44
–0.06
–0.93
+1.14
+0.26
+0.30
+1.44
–0.51
–0.18
–0.11
–0.44
+0.05
–0.22
+0.28
+0.01
–0.28
+0.01
+0.33
+0.01
–0.47
+0.11
+0.62
+0.12
+0.06
–0.87
+0.37
+0.10
–1.31
+1.24
+0.13
–0.05
–0.25
...
–0.11
–0.48
–0.52
+0.10
+0.10
–0.41
–0.17
+0.31
+4.80
–1.13
+0.30
+0.05
+0.23
–0.67
+0.01
+0.07
–0.03
+0.19
–0.59
+0.08
+0.12
+1.26
+1.34
–0.14
–0.49
+0.05
–0.03
–3.23
–0.47
+0.98
–1.37
–0.72
+0.09
–0.05
–0.05
+0.09
+0.06
–1.89
–0.34
–0.11
...
–0.38
+0.07
–0.01
+0.02
+0.07
–0.23
–0.03
–0.11
–0.13
+1.02
–0.08
–0.04
–0.11
+1.86
+1.22
+0.50
–0.12
–0.08
–0.04
–0.98
+0.44
+0.08
–0.02
+0.86
+2.59
–0.93
+0.21
–2.00
–0.80
–1.29
–0.11
+1.53
–1.96
–0.92
–0.29
–0.03
–0.90
+0.07
–1.70
–0.26
+0.49
–1.04
–0.30
–1.57
–0.48
–0.16
–1.18
.3894
.1828
.1397
.4534
.1593
.3788
1.4451
1.2346
.037
.2598
.5203
.3984
.07
.1582
.0601
.0712
.0723
.1822
.0942
.0317
.5991
.06
.08
.0037
.5621
.1645
.2092
...
...
...
...
.05
.269
.7127
...
.3588
...
...
...
...
...
.4547
.4153
...
...
...
...
...
...
...
.1605
2.8247
.7127
...
...
.4172
...
.528
1.098
.045
.0489
.0183
.3741
.676
.1023
.0623
.254
...
.132
...
.0704
.1205
.531
.1268
1.066
1.071
.324
.055
.0251
.2572
.50
.1127
.566
.247
.0921
.0397
.435
.0921
1.507
.37
.408
.465
...
.643
.713
.466
.027
.0252
.0771
.38
1.394
.005
.034
.576
.0653
.402
.063
1.719
.318
.536
.771
.285
.419
.613
.208
.617
.43
1.098
.822
.473
.179
.522
.231
.29
.305
.298
.411
.515
.602
.586
.186
.585
.293
Name
Tick
Sym Yld
VangdMegaCap MGC 2.1
VangdMegaGrwth MGK 1.3
VangdMegaVal
MGV 2.8
VangdMC
VO 1.4
VangdMCGrowth VOT .9
VangdMC Val
VOE 1.8
VangdREIT
VNQ 4.0
VangdS&P500
VOO 2.0
VangdS&P500 Grw VOOG 1.5
VangdS&P500Val VOOV 2.5
VangdS&PMC400 IVOO 1.4
VangdS&P400Grwth IVOG .9
VangdS&P400Val IVOV 1.3
VangdS&P600
VIOO .9
VangdS&P600Grwth VIOG 1.0
VangdS&P600Val VIOV 1.4
VangdST Bond
BSV 1.7
VangdSC
VB 1.5
VangdTaxExemptBd VTEB 1.9
VangdTelecom
VOX 4.0
VangdTotalBd
BND 2.5
VangdTotalStk
VTI 1.7
VangdTotlWrld
VT 2.0
VangdUtilities
VPU 3.2
VangdValue
VTV 2.7
VelocityShares3xIn DGAZ ...
VelocityShares3xLg UGAZ ...
VelocityShLIBOR DLBR ...
Velocity3xInvCrude DWT ...
Velocity3xLgCrude UWT ...
VelocityShVIXShrt XIVH ...
VelocityShVIXTail BSWN ...
VelocityShVIXVarLS LSVX ...
VirtusCumbMuni CUMB 2.3
VirtusEnhShrtUS VESH ...
VirtusGlovistaEM EMEM ...
VirtusLifeSciBio
BBC ...
VirtusLifeSciBio
BBP ...
VirtusNewDynCredit BLHY 4.8
VirtusWMCGlb
VGFO ...
WBIPwrFactorHiDiv WBIY 4.2
WBITacticalHiIncm WBIH 2.8
WBITacticalIncome WBII 2.7
WBITacticalLCGD WBIE .5
WBITacticalLCQ WBIL .6
WBITacticalLCV WBIF .7
WBITacticalLCY WBIG 3.0
WBITacticalRotatn WBIR .3
WBITacticalSMGD WBIA .2
WBITacticalSMQ WBID .4
WBITacticalSMV WBIB .4
WBITacticalSMY WBIC .4
WilshireMicroCap WMCR 1.5
Wlshr US REIT
WREI 3.3
WisdTrEM LocDebt ELD 5.1
WisdTreeMngdFutStr WDTI ...
WisdTrAsiaLocDebt ALD 1.7
WisdTrAPxJp
AXJL 7.2
WisdTrAustrDiv AUSE 5.6
WisdTrUSAggBd AGGY 3.0
WisdTrBloomFR USFR 1.1
WisdTrUSDBull USDU ...
WisdTrBrazilReal BZF ...
WisdTrCBOES&P500 PUTW ...
WisdTrChineseYuan CYB ...
WisdTrContComm GCC ...
WisdTrEmgCurr CEW ...
WisdTrEMxSOE XSOE .9
WisdTrEM HiDiv
DEM 8.8
WisdTrEM SC
DGS 5.5
WisdTrEuropeHdg HEDJ .1
WisdTrEuropeHdgSM EUSC .9
WisdTrEurQualDiv EUDG .8
WisdTrEuropeSC DFE 2.4
WisdTrGlbXMexico XMX 1.3
WisdTrGlbxUSDiv DXUS 1.9
WisdTrGlbxUSQual DNL 3.3
WisdTrGlbxUSREFd DRW 3.2
WisdTrGlbHiDiv
DEW 3.2
WisdTrIndiaEarn
EPI 1.2
WisdTrIntDivxFin DOO 2.9
WisdTrIntlEquity DWM 2.2
WisdTrIntlHdgQual IHDG 1.9
WisdTrIntlHiDiv
DTH 3.1
WisdTrIntlLC Div
DOL 2.3
WisdTrIntlMC Div DIM 2.4
WisdTrIntlSC
DLS 2.8
WisdTrJpnCapGds DXJC .8
WisdTrJpnHdgQuDiv JHDG .3
WisdTrJapanHdg DXJ .3
WisdTrJpnFinls
DXJF .0
WisdTrJpnHlthCare DXJH .1
WisdTrJpnRealEst DXJR .6
WisdTrJapanSC
DFJ .0
WisdTrUSDivxFin DTN 1.7
WisdTrUSEarn500 EPS 1.7
WisdTrUSExport WEXP 1.5
WisdTrUSHiDiv
DHS 3.1
WisdTrUSLCDivFd DLN 2.1
WisdTrUSLCValueFd EZY 1.5
WisdTrUSMCDivFd DON 2.0
WisdTrUSMCEarn EZM 1.1
WisdTrUSSCDiv
DES 3.1
WisdTrUSSCEarn EES .9
WisdTrUSTotalDivFd DTD 2.3
WisdTrUSTotalEarn EXT 1.7
WorkplaceEquality EQLT 1.3
XtrkrsCSI300ChinaA ASHX 12.1
XtrkrsFTSEDevXus DEEF 3.8
XtrkrsFTSEEmgComp DEMG 6.3
XtrkrsHarvCSI300 ASHR .5
XtrkrsHarvCSI500 ASHS ...
XtrkrsJpnJPXNik400 JPN 1.7
XtrkrsMSCIAllChina CN 7.9
XtrkrsMSCIAWxUS DBAW 2.3
XtrkrsMSCIAWxUSHi HDAW 5.1
XtrkrsMSCIAPxJapan DBAP 1.4
XtrkrsMSCIBrazil DBBR 2.2
XtrkrsMSCIEAFE DBEF 3.6
XtrkrsMSCIHiDiv HDEF 3.4
XtrkrsMSCIEM DBEM .3
XtrkrsMSCIEurope DBEU 2.7
XtrkrsMSCIEurozone DBEZ 3.3
XtrkrsMSCIGermany DBGR 2.4
XtrkrsMSCIJapan DBJP 4.1
XtrkrsMSCIMexico DBMX ...
XtrkrsMSCISKorea DBKO ...
XtrkrsMSCIUK
DBUK 1.4
XtrkrsMuniInfra RVNU 2.5
XtrkrsRussell1000 DEUS 1.4
XtrkrsRussell2000 DESC 1.2
XtrkrsUSDHYCorpBd HYLB 4.9
YieldShHiIncome YYY 8.0
Div
Last Chg. Amt.
88.84
108.92
73.17
148.95
124.57
106.16
84.93
237.04
134.03
104.99
123.02
129.32
117.79
134.06
139.40
126.43
79.45
142.36
51.67
84.83
81.42
132.54
72.25
121.99
101.56
22.64
11.38
22.97
16.95
21.32
66.27
18.13
29.14
25.71
23.79
25.09
27.54
38.76
25.05
25.28
24.31
24.57
25.28
24.92
26.02
27.09
24.16
25.20
24.54
23.55
25.07
21.43
33.91
48.16
37.64
39.58
45.02
69.36
58.03
50.50
25.06
26.25
18.41
29.71
25.58
19.36
18.76
30.86
43.36
49.04
64.93
30.63
26.22
67.79
28.95
26.77
57.50
31.99
47.18
26.57
43.06
54.69
31.31
43.65
49.77
67.16
74.34
28.56
29.06
58.16
24.80
35.57
15.40
77.50
85.41
29.80
31.10
70.73
88.72
77.69
33.72
37.51
27.69
34.57
89.45
30.62
34.64
23.23
29.17
28.23
31.39
36.42
28.99
37.99
27.99
26.74
29.24
11.46
31.85
25.38
24.30
28.57
30.75
28.73
43.43
19.86
31.81
22.20
26.96
30.83
33.13
50.40
19.50
–0.09
+0.46
–0.56
+0.03
+0.12
...
+1.84
–0.39
+0.30
–0.43
–0.65
–0.68
–0.62
–1.06
–1.07
–0.97
–0.08
–1.13
+0.02
–1.21
–0.38
–0.28
–0.26
+0.51
–0.65
–6.06
+2.20
–0.88
–1.21
+1.20
–1.72
+0.01
–0.20
+0.10
–0.19
...
–0.87
–0.84
–0.09
–0.10
–0.08
–0.26
–0.18
–0.10
–0.34
–0.23
–0.45
–0.08
–0.43
–0.23
–0.57
–0.34
+0.08
+1.23
+0.17
+0.12
–0.16
+0.13
+0.42
–0.30
+0.01
–0.12
+0.33
+0.03
+0.10
+0.22
+0.03
+0.08
–0.08
–0.28
–1.73
–0.72
–0.47
–1.27
+0.25
–0.25
–0.34
+0.20
+0.04
–0.66
–0.24
–0.35
–0.46
–0.33
–0.31
–0.54
–0.68
–0.27
–0.12
–0.59
–0.87
–0.54
–0.21
–0.42
+0.09
–0.01
+0.31
+0.37
–0.01
–0.73
+0.03
–0.35
...
–0.68
+0.07
+0.09
–0.07
+0.73
–0.26
–0.16
+0.97
+1.10
+0.04
+0.91
–0.21
–0.12
+0.54
–0.31
–0.44
–0.03
+0.10
–0.54
–0.65
–0.70
–0.28
–0.04
–0.48
+0.16
+0.11
–0.11
–0.64
–0.56
–0.13
.473
.353
.512
.508
.289
.483
.854
1.176
.495
.658
.425
1.158
1.501
1.185
.356
.449
.1145
.533
.08
.84
.1729
.553
.354
.963
.675
...
...
...
...
...
...
...
...
.1472
...
...
...
...
.0992
...
.2565
.0566
.0567
.0294
.0388
.0441
.0601
.0162
.0118
.0253
.0258
.0079
.4994
.4027
.16
...
.065
1.245
.815
.125
.0225
...
...
.241
...
...
...
.07
.95
.675
.02
.07
.05
.405
.095
.13
.48
.255
.38
.08
.31
.305
.145
.335
.29
.41
.52
.055
.02
.045
.0014
.0049
.025
.0017
.12
.1267
.12
.18
.155
.29
.055
.105
.0717
.08
.17
.1267
.4575
2.8168
.2762
.4478
.1714
...
.2501
2.9889
.3234
.3416
.2002
.1239
.5656
.2155
.032
.3808
.5108
.3479
.8871
.0537
.0469
.1548
.0565
.1089
.096
.2062
.13
November 13, 2017
BARRON’S
Foreign Markets
Complete FOREIGN EXCHANGE LIST: Page M38
Europe
Key Cross Rates $1=€0.8590, ¥113.54, £0.7581
Asia
GLOBAL STOCK MARKETS
One Bad Week: European bourses fell acrossthe-board as U.S. tax worries spread abroad.
-1.88%
S&P Europe BMI
-1.07
Norway
-1.74
Netherlands
-1.79
U.K.
-1.97
Switzerland
-2.15
Finland
-2.24
Italy
-2.32
Spain
-2.38
France
-2.42
Germany
-2.43
Denmark
-2.94
Sweden
-3.22
Belgium
-4.26
In Local Currencies
Index
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.
Week's
% Chg.
11/10
–0.5
–1.1
1.2
0.6
–3.3
0.2
–2.4
–2.1
–2.3
–2.4
–6.3
1.3
–1.3
–1.8
0.4
–1.4
–0.6
–0.7
0.8
1.0
–2.4
–2.6
–2.0
–1.7
–0.2
1550.0
1156.6
1215.7
669.6
1269.3
2055.2
8307.4
678.2
1930.7
1068.0
55.7
16835.0
227.7
765.4
1067.4
1661.6
127.0
2961.0
92.4
1782.2
972.9
12898.3
1218.8
2153.2
2458.7
52-wk Range
1561.3– 1303.2
1170.3– 969.8
1219.8– 1075.6
676.4– 462.0
1319.9– 1139.8
2065.8– 1864.4
8678.9– 6662.5
734.2– 581.5
1976.9– 1595.6
1093.9– 880.8
74.1– 50.2
16865.5– 12932.6
242.9– 209.1
781.0– 566.9
1078.4– 828.7
1693.1– 1337.5
137.7– 124.5
3003.3– 2350.1
93.3– 75.6
1787.1– 1432.0
1058.5– 803.0
13247.4– 11080.9
1243.8– 1028.5
2194.7– 1956.6
2469.9– 2060.2
In U.S. Dollars
Week's
% Chg.
11/10
52-wk Range
–0.3
–0.4
1.5
1.0
–3.0
0.9
–2.0
–1.7
–2.0
–2.0
–6.0
1.3
–1.0
–1.4
1.2
–1.1
–0.1
0.1
1.2
1.3
–2.0
–1.8
–1.5
–0.6
–0.2
2040.3
1999.6
833.2
1475.5
1834.7
1753.3
9765.4
524.7
1903.2
2330.0
24.1
11986.3
202.5
288.2
3397.5
3165.8
134.0
2605.6
70.6
4035.0
477.3
7979.7
5262.4
1186.3
2458.7
2050.7– 1692.3
2013.8– 1614.2
837.1– 709.9
1491.8– 923.9
1922.9– 1496.7
1756.4– 1489.3
10254.0– 7099.8
558.1– 411.6
1948.1– 1433.4
2381.9– 1752.0
31.7– 19.9
12001.5– 9260.2
206.3– 173.0
296.4– 193.7
3422.3– 2776.3
3244.2– 2347.3
153.1– 132.4
2621.4– 1971.7
72.8– 53.1
4041.5– 3110.6
508.4– 357.1
8341.4– 6268.7
5467.9– 4343.8
1213.3– 1010.5
2469.9– 2060.2
Source: S&P DJ Indices
Amsterdam AEX
Athens General
Bangkok SET
Week’s
%Chg.
547.32
–1.41
Year-to-Date
Chg.
% Chg.
–1.04 +2385.40 +5.23
Milan FTSE All Share
24876
–2.22 +3939.98+18.82
–0.72
+146.34 +9.48
Brussels Bel-20
4026.26
–1.10 +6688.10+25.12
–2.10
+419.90+11.64
Buenos Aires Merval
27080
–3.21
+10162+60.07
Caracas General
685.51
–3.36
–31019–97.84
6552.59
–1.04
+324.33 +5.21
Colombo All Share
Copenhagen OMX 20
1005.15
–2.48
+121.19+13.71
Dublin ISEQ
6877.14
–1.53
+359.90 +5.52
EURO STOXX SXXE
EURO STOXX 50 SXSE
Frankfurt DAX
Helsinki OMHX
Hong Kong Hang Seng
390.90
3593.76
13127
9580.09
–2.28
–2.61
+40.64+11.60
+303.24 +9.22
–2.61 +1646.41+14.34
–2.00
+678.57 +7.62
29120 +1.81 +7120.36+32.36
Istanbul IMKB
108949
–2.11
+30810+39.43
Jakarta Composite
6021.83
–0.29
+725.12+13.69
Johannesburg All Share
Year-to-Date
Chg.
% Chg.
48028
1689.28
33314
Week’s
%Chg.
Mexico City IPC
+90.48+14.06
Bombay Sensex
Most Recent
Close
Manila Composite
–3.86
59776 +0.23 +9122.58+18.01
Moscow RTS
Oslo Composite
8433.48 +0.68 +1592.84+23.28
1156.74 +4.27
+4.41 +0.38
896.59
–0.31
+131.93+17.25
Paris CAC
5380.72
–2.49
+518.41+10.66
Santiago Selective
4091.58
–1.71
+868.41+26.94
Sao Paulo Bovespa
72165
–2.37
+11938+19.82
Seoul Composite
2542.95
–0.59
+516.49+25.49
Shanghai Composite
3432.67 +1.81
+329.04+10.60
Shenzhen B Share Idx
1242.07 +2.56
+114.37+10.14
Singapore FTSE STI
3420.10 +1.12
+539.34+18.72
Stockholm OMXS
STOXX Europe 50 SXSP
STOXX Europe 600 SXXP
Sydney S&P/ASX 200
Taipel Weighted
Tel Aviv 125 Index
Tokyo Nikkei-225
582.08
–3.02
+47.52 +8.89
3177.52
–1.84
+166.97 +5.55
388.69
–1.86
+27.27 +7.55
6029.40 +1.17
+363.60 +6.42
10732
1293.64
–0.63 +1479.17+15.98
–0.84
+11.27 +0.88
22681 +0.63 +3567.05+18.66
Kuala Lumpur Composite
1742.28 +0.08
+100.55 +6.12
Toronto S&P/TSX
LISBON PSI
2968.74
–0.46
+448.59+17.80
Vienna ATX
3393.23
–0.50
London FTSE - 100
7432.99
–1.68
+290.16 +4.06
Wellington S&P/NZX 50
7974.43
–1.12 +1093.21+15.89
10092
–2.56
+740.60 +7.92
Zurich Swiss
9134.16
–2.02
Madrid IBEX 35
0.45%
China
2.10
Australia
1.26
Hong Kong
1.11
Singapore
0.74
Philippines
0.43
Japan
0.29
Malaysia
-0.44
0.22
South Korea
-0.59
Indonesia
-0.72
Taiwan
-0.82
Thailand
-1.15
New Zealand
-1.39
India
Source: S&P DJ Indices
S&P Global Broad Market Indices
+64.15+13.28
734.12
S&P Pan Asia BMI
Indexes based on S&P Global Broad Market Indices
KEY FOREIGN STOCK MARKET INDEXES
Most Recent
Close
Asian Gains: Led by China’s 2% rise, the region’s stocks managed a healthy weekly jump.
1
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
M27
16039 +0.12
+751.67 +4.92
+774.80+29.59
+914.29+11.12
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.
11/10/17
Americas
Brazil
754.42
Canada
493.66
Chile
413.57
Mexico
798.44
U.S.
26704.08
Latin America
Europe
Austria
347.02
Belgium
426.83
Denmark
1628.22
Finland
1411.74
France
402.45
Germany
512.10
Greece
19.75
Ireland
649.03
Italy
227.39
Netherlands
572.02
Norway
591.51
Portugal
64.99
Russia
1756.44
Spain
456.97
Sweden
1115.90
Switzerland
537.93
United Kingdom
298.55
South Africa
978.64
Pacific Region
Australia
426.83
China
515.60
Hong Kong
505.10
India
1038.71
Japan
139.80
Malaysia
272.24
New Zealand
270.18
Philippines
433.78
Singapore
187.27
South Korea
937.20
Taiwan
106.90
Thailand
374.28
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.
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.58
0.06
1.76
1.08
0.32
0.68
3.22
2.43
2.15
2.38
2.42
4.26
1.91
2.24
1.74
1.07
0.29
4.36
2.32
2.94
1.97
1.79
0.57
1.26
2.10
1.11
1.39
0.29
0.22
1.15
0.43
0.74
0.44
0.72
0.82
S&P Global
Indexes,
U.S. $
11/10/17
288.78
257.98
495.06
287.87
338.77
26704.08
277.18
396.54
335.92
413.18
1600.71
1366.60
389.58
495.73
20.92
628.28
220.12
553.73
508.89
68.86
226.59
442.36
945.18
789.49
261.39
331.91
240.98
475.57
621.42
502.00
625.94
154.07
170.04
365.46
337.85
225.50
1422.12
115.71
544.43
150.22
504.69
972.65
328.54
211.70
248.38
2963.38
Wkly
% Chg.
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.26
1.22
0.83
1.24
0.23
0.32
0.82
1.50
0.29
2.84
2.02
1.77
2.00
2.04
3.89
1.53
1.86
1.36
0.30
0.10
4.43
1.94
2.09
1.42
0.64
0.31
0.77
1.60
2.10
1.10
2.22
1.15
1.27
0.60
0.39
1.07
0.73
0.73
0.82
1.92
1.81
1.80
0.52
0.25
0.28
0.43
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
36.82
40.08
49.05
73.54
39.75
3427.35
42.88
65.01
111.90
60.82
340.00
199.13
75.66
100.82
2.53
101.36
49.99
124.74
81.60
12.82
9.65
73.93
147.04
106.83
28.84
30.71
50.12
57.02
194.66
100.82
166.14
27.04
25.20
36.63
50.98
47.76
403.98
23.70
85.82
29.55
92.66
164.53
75.70
37.34
37.80
431.87
14.62
18.39
11.00
34.31
13.30
14.72
18.30
19.61
49.95
17.26
26.97
17.06
24.10
25.53
13.76
19.24
29.38
29.08
19.10
22.88
4.45
20.07
18.42
15.65
12.40
10.20
26.26
13.62
45.61
25.13
36.13
21.29
17.40
11.14
17.77
26.87
39.68
25.76
18.71
24.49
22.49
20.36
29.94
21.41
17.95
17.06
s2017 S&P Dow Jones Indices. All Rights Reserved.
M28
BARRON’S
November 13, 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
AB
AB Funds:
AllMktRlRtnPtZ 8.94 0.04
IntDurInstl
15.00 -0.07
IntlStraEquPtZ 12.92 -0.07
MuniIncmShares 11.61 0.04
AB Funds - A:
BalWlthStrA p 14.75 -0.09
GlobalBondA p 8.38 -0.02
GrowthA p
77.52 0.11
HighIncomeA p 8.83 -0.06
LgCpGrA p
48.46 0.18
NtlMuA p
10.33 0.01
RelatValA p
6.27 -0.01
SmMdCpGrA p 10.88 -0.10
SustGlblThemGrA p 114.14 -1.18
AB Funds - ADV:
GlbBd
8.37 -0.02
HiIncmAdv
8.84 -0.06
IntlSmCapPtADV 12.95 -0.10
IntlStraEquPtADV 12.91 -0.07
IntmedDivMuni 14.39 -0.01
LgCpGrAdv
52.45 0.19
SelectUSLgShrt 13.06 -0.06
SmCapCorePortADV 12.12 -0.25
SmMdCpGr
11.55 -0.11
SmMidCpValAdv 23.49 -0.36
TxMgdWlthAppAdv 17.67 -0.08
WlthApprStr
16.96 -0.09
AB Funds - C:
HighIncomeC p 8.94 -0.05
AB Funds - I:
GlbBd
8.37 -0.02
AB Funds - K:
AllMktRtrn1
8.87 0.04
Acadian Emerging Markets:
AcadnEm Inv 21.73 -0.10
AdvisorTwo:
FrTRInst
10.48 -0.02
AIG Funds:
FDivStII t
18.81 0.14
Akre Funds:
AkreFocusInst 32.62 0.17
AkreFocusRtl 32.02 0.17
Alger Funds A:
CapApr
25.98 -0.05
SpectraN
21.54 -0.04
Alger Funds Inst:
CapApprI
34.12 -0.04
Allianz Fds Admin:
RCMTechI
80.92 0.67
Allianz Fds Instl:
NFJDivVal
18.45 -0.20
SmCpVl
27.82 -0.44
Allianz Funds A:
NFJDivVal t
18.33 -0.20
SmCpV A
25.24 -0.40
Alpine Funds:
TxOptInc
10.04 0.00
Amana Income:
AmanaIncm n 51.76 -0.21
AmanaGrowth n:
AmanaGrowth n 37.68 -0.10
Amer Beacon Insti:
IntlInst
20.83 -0.16
LgCapinst
30.76 -0.26
LgCpVal Inst
28.70 -0.09
SmCpInst
28.92 -0.47
Amer Beacon Inv:
LgCapInv
28.71 -0.25
SmCapInv
27.88 -0.46
American Century A:
EqIncA p
9.56 -0.04
MdCapVal p
18.21 -0.09
American Century C:
EqIncC p
9.55 -0.04
American Century G:
GlBond
10.38 -0.04
InfAdjBd
11.63 -0.02
NT MdCapVal 14.18 -0.07
NTCoreEquityPlus 16.35 -0.09
NTDvBnd
10.73 -0.05
NTEqGrp
13.96 -0.06
NTGrwth
18.51 0.02
NTHeritage
14.41 -0.08
NT IntlGr
12.40 -0.05
NTIntlVal
10.52 -0.08
NTLgVal
12.07 -0.09
American Century I:
DivBnd
10.75 -0.05
EqInc
9.57 -0.04
Growth
35.75 0.02
IntTF
11.38 0.00
MdCapVal
18.25 -0.09
OneChoice2020 12.43 -0.04
8.0 -7.3
3.2 8.9
27.4 NS
8.6 19.0
9.3
2.3
29.4
6.9
28.0
5.4
13.2
24.2
33.4
13.1
9.2
44.6
16.4
47.4
10.3
29.1
30.1
38.3
2.4
7.1
28.5
27.6
3.3
28.3
9.4
3.3
24.3
6.7
19.0
17.9
10.1
17.3
NS
NS
NS
48.5
14.5
NS
30.9
28.9
23.4
21.7
6.2 13.8
2.4 10.1
7.8 -7.9
31.9 19.5
4.1
9.6
11.8 26.2
28.4 45.6
28.1 44.5
29.5 40.9
29.3 41.1
29.2 40.7
49.5 66.8
11.7 19.5
6.6 20.1
11.3 18.2
6.4 18.8
0.9
2.1
16.9 25.2
25.3 37.5
20.7
11.6
10.0
4.7
16.3
22.8
29.2
27.9
11.3 21.6
4.4 26.7
9.7 32.6
6.9 31.7
9.0 29.7
NS
NS
7.5
15.6
3.2
17.6
27.0
17.6
28.4
20.4
7.1
3.0
10.1
26.7
4.8
7.3
9.2
NS
NS
33.8
23.6
7.2
26.5
41.0
26.7
19.6
NS
19.9
7.2
34.4
41.4
8.2
33.4
15.2
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
OneChoice2025 14.73
OneChoice2030 12.86
OneChoice2035 16.05
OneChoice2040 13.53
OneChoice2045 16.96
Value
9.06
American Century Inv:
AllCpGr n
34.52
Balanced n
19.26
CaHYMu n
10.65
CAIntTF n
11.93
DivBnd n
10.74
12.11
EmgMkt nr
EqGro n
34.10
EqInc n
9.56
10.46
GinnieMae n
GovtBd n
10.95
Grwth n
35.15
23.66
Heritage n
IncGro n
40.59
InfAdjBd n
11.63
InfProBd n
10.25
Intl Gr n
13.62
IntTF n
11.38
LgComVal n
10.22
MdCapVal n
18.24
OneChAgg n
17.04
OneChCon n
13.84
OneChMod n
15.84
OneChoice2020 n 12.43
OneChoice2025 n 14.73
OneChoice2030 n 12.87
OneChoice2035 n 16.04
OneChoice2040 n 13.53
OneChoice2045 n 16.95
OneChoiceRet n 13.21
Real n
29.60
Select n
72.70
SmallCo n
15.65
SmCpVal n
9.45
Ultra n
45.10
Value n
9.04
American Century R6:
EqInc
9.58
Growth
35.76
MdCapVal
18.25
American Century Y:
IntTF
11.38
DivBnd
10.75
American Funds Cl A:
2010TarRetA p 11.00
2015TarRetA p 11.70
2020TarRetA p 12.64
2025TarRetA p 13.47
2030TarRetA p 14.41
2035TarRetA p 14.78
2040TarRetA p 15.13
2045TarRetA p 15.34
2050TarRetA p 15.02
AmcpA p
31.82
AMutlA p
41.14
BalA p
27.42
BondA p
12.90
CapIBA p
62.85
CapWA p
19.83
CapWGrA
52.28
EupacA p
56.98
FdInvA p
63.53
GBalA p
32.45
GovtA p
13.73
GwthA p
51.51
HI TrA p
10.38
HiInMuniA
15.93
ICAA p
41.19
IncoA p
23.35
IntBdA p
13.38
34.11
IntlGrIncA p
LtdTEBdA
15.74
N PerA p
44.86
NEcoA p
47.56
NwWrldA
66.46
SmCpA p
56.18
STBFA p
9.93
STTxExBdA
10.12
TECAA p
17.73
TxExA p
13.03
WshA p
45.31
AMG Funds:
RRDivAcValI
12.81
AMG Managers Funds:
Brandywine I n 45.32
FairpointeMdCpI 42.84
FairpteMCpN 41.82
GWKMBd I
11.72
LoomisSaylesBd I 27.11
LoomisSaylesBd N n 27.11
M&C Growth I 21.03
-0.05
-0.04
-0.05
-0.04
-0.06
-0.05
10.3
11.3
12.4
13.5
14.7
3.6
16.7
18.2
19.7
21.2
22.8
20.8
-0.10
-0.09
0.03
0.00
-0.06
0.10
-0.15
-0.04
-0.03
-0.04
0.02
-0.13
-0.08
-0.02
-0.01
-0.07
0.00
-0.08
-0.09
-0.05
-0.05
-0.06
-0.04
-0.05
-0.04
-0.05
-0.05
-0.06
-0.05
0.54
0.13
-0.17
-0.17
0.15
-0.05
20.4
11.3
7.7
4.5
2.7
43.3
17.4
9.9
1.2
1.9
26.4
17.2
15.7
2.0
0.8
27.6
4.7
6.8
7.1
16.2
9.1
12.9
8.9
10.1
11.1
12.2
13.3
14.5
8.3
5.4
25.8
7.0
4.4
29.3
3.5
33.8
17.5
14.8
7.6
6.4
36.6
26.2
33.6
3.6
4.2
40.6
25.7
25.3
3.4
1.7
18.7
7.5
20.2
32.6
23.5
14.5
19.1
14.5
16.0
17.5
19.0
20.5
22.1
13.5
18.4
44.4
21.8
32.5
44.0
20.1
-0.04 10.2 34.9
0.03 26.9 42.1
-0.09 7.5 34.0
0.01
-0.05
NS
NS
NS
NS
-0.03
-0.03
-0.04
-0.04
-0.05
-0.06
-0.05
-0.05
-0.05
-0.15
-0.02
-0.09
-0.06
-0.01
-0.01
-0.13
-0.24
-0.33
-0.06
-0.04
-0.21
-0.08
0.05
-0.03
-0.13
-0.03
-0.05
-0.01
-0.30
-0.13
-0.01
-0.43
-0.01
-0.01
0.02
0.01
-0.23
8.2
8.9
10.4
12.5
15.2
17.4
18.2
18.5
18.7
18.6
13.3
12.2
3.0
11.7
6.0
21.1
29.0
18.9
11.6
1.8
22.5
5.9
7.7
15.0
10.1
1.2
22.6
3.0
27.0
32.3
29.2
22.2
1.0
1.8
5.4
5.0
14.9
14.5
15.6
17.5
20.0
23.8
26.6
27.6
28.2
28.4
30.2
26.8
25.4
6.8
15.2
3.3
24.2
26.8
39.6
13.1
4.5
40.5
11.4
15.7
29.0
19.8
3.2
11.9
4.3
37.0
40.2
21.2
33.8
2.3
2.1
9.8
9.8
31.3
-0.11 5.2 22.5
-0.56
0.19
0.18
0.00
-0.13
-0.13
-0.05
20.1
2.7
2.5
5.0
6.0
5.9
20.0
30.0
15.8
14.9
9.3
9.5
9.2
25.7
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
CASH TRACK
Good Flows: Equity funds attracted $7.3 billion in net inflows based on the latest fourweek moving averages, says Lipper. Taxable-bond funds took in $6.3 billion and muni-bond
funds netted $332 million. Money-market funds saw $912 million in net outflows.
Equity Funds
7900
Municipal Bond Funds
1010
4900
770
1900
530
-1100
290
-4100
Sep
Oct
Nov
50
Sep
Money Market Funds
20600
Oct
Nov
Taxable Bond Funds
8200
12500
6900
4400
5600
-3700
Sep
Oct
Nov
4300
Sep
Oct
Nov
The charts above show four-week moving averages of net cash flow in millions of dollars.
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
11.59 -0.07
PictetIntl I
SkylineSpcEqFd N n 45.26 -0.27
SouthSunUSEq I 13.77 -0.07
TSSmCapGrFd Z 20.68 -0.17
TSSmCpGrFd Z 18.36 -0.25
YachtmanFocFd I 22.60 0.37
YacktFocFd N n 22.60 0.37
YacktmanFd I n 24.25 0.27
Angel Oak Funds Trst:
AglOkMtiStFdClIn 11.32 NA
AQR Funds:
12.80 NA
EqMktNeut I
LgCapDefStyle I 18.85 NA
LgCapMomStyle I 22.86 NA
LgCpMultiStyle R 17.44 NA
LngShrtEq I
15.13 NA
15.17 NA
LngShrtEq R
MgdFutStrI
9.09 NA
MgdFutStrN
8.97 NA
MgdFutStr R
9.10 NA
MultiStrAltI
9.83 NA
MultiStratAlt R 9.85 NA
SmCpMultiStyle R 15.94 NA
StylePremAlt I 10.99 NA
StylePremAlt R 11.02 NA
Aquila Funds:
11.37 -0.01
HI TF A
ArbitrageI n:
ArbitrageI n
13.51 -0.06
Ariel Investments:
ApprecInv pn 51.22 0.48
Ariel Inv pn
70.57 1.12
Artisan Funds:
GblOppInst
26.35 -0.01
26.11 -0.01
GblOppInv n
GblValInv n
18.10 -0.14
32.87 -0.04
Intl Inv n
IntlInst
33.10 -0.04
IntlVal Inst
39.62 -0.30
39.42 -0.30
IntlVal Inv n
MidCapInst
46.34 -0.38
MidCapInv n
43.03 -0.36
MidCapVal Inv n 24.16 -0.04
Ashmore Funds:
EmgMktTRInst 8.18 NA
AT Disciplined Equity Ins:
ATDispEqInst n 18.87 -0.04
Ave Maria Funds:
18.33 -0.15
RisingDivd n
Baird Funds:
AggBdInst
10.86 -0.05
CorBdInst
11.22 -0.05
11.06 -0.02
IntBdInst
QualIntMunBdInst 11.62 0.00
25.0
4.5
5.8
17.4
15.9
15.0
14.8
13.4
33.0
21.1
6.0
28.3
29.4
24.8
24.2
22.3
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3.0
5.3
2.3
8.3
8.9 18.1
9.7 24.5
28.0
27.8
18.7
28.3
28.5
21.8
21.6
18.5
18.3
8.1
40.8
39.9
27.5
10.5
11.3
26.8
25.9
20.8
20.0
18.9
NA
NA
15.9 32.1
10.0 20.6
3.6 8.8
4.0 9.9
2.7 6.8
3.6 5.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
ShtTBdInst
9.68
Baron Funds:
72.12
Asset n
EmergingMkts n 14.91
Growth n
73.54
Partners n
47.85
SmallCap n
30.81
Baron Instl Shares:
74.38
AssetInst
EmergingMktsInst 14.97
GrowthInst
75.35
48.80
PartnersInst
RealEstateInst 30.22
SmallCapInst 31.76
BBH Funds:
23.32
CorSelN n
Bernstein Fds:
14.29
Ca Mu n
DivrMuni n
14.40
EmMkts n
32.44
18.18
IntlPort n
IntmDur n
13.16
14.04
NY Mun n
TxMgdIntl n
18.22
BerwynFd:
BerwynIncm n 13.72
BlackRock Funds A:
AdvLgCapCore p 21.23
BasicVal
25.87
CapAppr
28.57
22.92
EqtyDivd p
FloRateIncPortA 10.20
20.33
GlblAlloc p
HiYInvA
7.78
54.43
HlthScOp p
LgCapFocuGr 13.74
LowDurBdA
9.60
MultiAstIncome 11.03
NatlMuni p
10.94
StratMuniOpp 11.70
StrtIncOpptyInvA 9.93
TotRet
11.73
BlackRock Funds Blrk:
CoreBd
9.62
HiYBlk
7.79
BlackRock Funds C:
EqtyDivd t
22.13
GlblAlloc t
18.39
48.25
HlthScOp
MultiAstIncome 11.02
StratIncOpptyInv 9.92
BlackRock Funds III:
iShS&P500IdxK 308.48
iShUSAggBdIdxK 10.12
-0.01 1.6
4.7
-0.69
0.02
0.10
-0.07
-0.53
24.6
36.2
23.6
29.1
21.5
33.9
23.8
28.2
31.7
27.8
-0.71
0.02
0.11
-0.07
0.35
-0.55
24.9
36.4
23.9
29.4
26.3
21.8
35.0
24.6
29.2
32.7
23.9
28.8
-0.07 14.7 22.4
-0.02
-0.01
0.03
-0.11
-0.05
-0.02
-0.11
3.3 5.3
3.3 5.4
31.5 20.0
23.3 21.6
3.2 8.7
3.3 6.1
23.1 21.5
-0.01 2.4
-0.11
-0.19
-0.20
-0.19
-0.02
-0.01
-0.07
-0.71
-0.07
-0.02
-0.04
0.02
0.04
-0.04
-0.02
17.4
3.1
29.7
12.3
2.9
11.8
6.7
22.3
27.0
1.7
7.4
4.6
7.0
3.8
3.6
7.3
32.2
16.2
39.6
31.1
10.8
14.4
13.8
30.8
42.6
3.6
12.3
9.0
12.6
6.9
8.1
-0.04 2.8 7.2
-0.07 7.1 15.1
-0.19
-0.01
-0.64
-0.04
-0.04
11.6 28.3
11.1 11.9
21.5 28.0
6.8 9.8
3.1 4.6
-0.45 17.3 34.8
-0.04 2.9 6.9
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
BARRON'S • Lipper FMI
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
BlackRock Funds Inst:
26.21
BasicVal
CAInsMun
12.75
CoreBd
9.59
EqtyDivd
22.98
FloRateIncPorIns 10.20
GlblAlloc
20.46
GlobLg/ShrtCrIns 10.45
HiYldBd
7.79
HlthScOp
57.01
InflProtBdInst 10.64
iShMSCIIntldx 14.21
LowDurI
9.60
MultiAstIncome 11.05
NatlMuni
10.93
StratIncOpptyIns 9.93
StratMuniOppI 11.70
TotRet
11.73
BlackRock Funds R:
23.08
Equity Div p
GlblAlloc
19.39
BMO Funds:
CorePlBdI
11.69
IntrTaxFree I
11.33
IntTxFY n
11.33
UltrShtTxFrI
10.07
BNY Mellon Funds:
BondFd
12.68
EmgMkts
11.68
IncomeStk
9.58
IntlFd
13.70
IntmBdFd
12.50
MCMultiStrM 17.36
NtlIntmMuni
13.56
NtlShTMuni
12.77
Bridge Builder Trust:
CoreBond
10.20
CorePlusBond 10.13
11.79
Intl Eq
LargeCapGrowth 12.47
LargeCapValue 11.85
MunicipalBond 10.23
S/MCapGrowth 12.07
S/MCapValue 11.63
Bridgeway Funds:
BChip35 n
14.70
BroadviewOpp n:
BroadviewOpp n 36.72
Brown Advisory Funds:
GrowEqInv n
22.23
BrownSmCoInv n:
BrownSmCoInv n 93.00
BruceFund n:
-0.19
0.05
-0.04
-0.20
-0.02
-0.01
-0.02
-0.07
-0.74
-0.01
-0.05
-0.02
-0.04
0.02
-0.04
0.04
-0.02
3.4
6.4
2.7
12.6
3.1
12.1
3.3
7.0
22.6
2.0
22.5
1.9
7.7
4.9
4.0
7.2
4.0
17.1
13.0
7.1
32.1
11.7
15.3
5.2
15.0
31.9
2.6
19.0
4.5
13.1
9.6
7.9
13.2
9.3
-0.19 12.0 29.8
0.00 11.6 13.3
-0.06
0.01
0.00
-0.01
3.8 8.8
4.9 9.2
4.6 8.5
1.1 2.3
-0.07
0.09
-0.08
-0.09
-0.03
-0.09
0.01
-0.01
3.2
37.9
9.2
24.8
1.9
13.6
4.4
1.6
7.0
20.2
29.3
20.5
4.6
25.7
7.6
1.7
NA
NA
-0.03
-0.02
-0.02
0.01
-0.09
-0.09
NA
NA
23.2
21.9
12.4
3.5
15.7
8.0
NA
NS
NS
NS
NS
NS
NS
NS
-0.01 13.8 32.8
-0.48 4.0 15.6
0.07 29.0 34.3
-0.78 26.7 52.1
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
BruceFund n
Buffalo Funds:
BuffBal n
DiscFd n
SmCap n
539.66 -1.57 11.0 18.9
15.43 0.14 7.9 14.6
24.74 -0.17 22.5 39.1
18.54 -0.17 23.4 27.9
CD
Calamos Funds:
Gr&IncA p
33.17
33.31
Gr&IncC t
GrowthA p
35.73
MktNeutA p
13.42
13.27
MktNeutI
Calvert Investments:
InvEq p
44.88
Cambiar Funds:
IntlEqInv r
28.28
CausewayInst :
CausewayInst 16.99
CausewayInv n:
CausewayInv n 16.84
CG Cap Mkt Fnds:
CoreFxIcm n
8.10
12.80
IntlEq n
LgCapEq n
19.57
Sm-MdCapEq n 20.58
CGM Funds:
Focus n
51.87
36.28
Realty n
ChamplainSmCo pn:
ChamplainSmCo pn 20.69
ClearBridge:
AggressGrowthA 209.67
AggressGrowthC 170.50
AggressGrowthI 230.43
AggressGrowthIS 232.84
AllCapValueA 15.92
AppreciationA 24.13
AppreciationI 24.03
AppreciationIS 24.11
DividendStrat1 n 24.04
DividendStratA 24.03
DividendStratI 24.62
LargeCapGrowthA 40.94
LargeCapGrowthI 45.22
LargeCapValueI 32.31
MidCapA
34.13
37.61
MidCapI
SmallCapGrowthA 32.33
SmallCapGrowthI 34.34
SmallCapGrowthIS 34.65
Clipper:
-0.08
-0.09
0.07
0.00
0.00
13.4
12.7
22.4
3.8
4.0
23.6
20.8
23.9
9.9
10.7
-0.19 21.8 32.4
-0.14 18.2 22.7
-0.15 22.5 16.8
-0.16 22.2 15.9
-0.04
-0.14
-0.02
-0.11
3.3 7.5
23.3 19.9
16.0 30.2
14.6 20.4
-0.63 21.4 28.2
0.27 22.9 28.6
-0.47 4.8 33.8
0.20
0.14
0.24
0.24
-0.22
-0.04
-0.03
-0.04
-0.08
-0.08
-0.08
0.19
0.21
-0.09
-0.20
-0.22
-0.55
-0.58
-0.58
11.0
10.3
11.3
11.4
11.3
15.1
15.4
15.5
14.8
14.6
14.8
20.6
20.9
9.6
7.9
8.2
18.8
19.1
19.3
13.2
10.8
14.2
14.6
24.3
29.0
30.1
30.5
28.1
27.1
28.2
43.4
44.7
22.3
21.0
22.2
23.7
24.9
25.4
ClipperFd n
119.95
Cohen & Steers:
45.54
InstlRlty
PrefSecIncmA 14.20
PrefSecIncmC 14.12
14.23
PrefSecIncnI
RltyIncA p
14.96
15.75
RltyIncI
68.33
RltyShs n
Colorado BondShares:
ColoradoBdShs 9.05
Columbia Class A:
15.53
AcornA t
AMTTEBd
4.06
40.91
BalancedA t
BldrAggrsv
13.63
BldrMod p
11.80
25.97
ContCoreA p
DisplCoreA p 12.04
21.71
DivIncA t
10.10
DivOpptyA
DivrEqInc A
14.80
13.79
EqValA
18.14
FocEqA w/ t
Gbl Stgic Eq A p 15.15
GlobTech
43.66
HiYldBd
2.96
IncmBldr t
11.94
LgCpGrowA t 41.64
49.40
LgCpIdx pn
13.19
LiGoBalA p
MdCpIndxA pn 16.92
MdCpVlOpp p 10.59
MidCapGthA t 28.24
MidCpValA
15.27
SelgComuInfoA 81.68
SmCpIdxA pn 24.95
StrAlloc
13.37
StratIncA
6.10
13.65
TaxEA
TotReBdA t
9.03
Columbia Class Adv:
26.60
ContCore p
Columbia Class C:
40.79
Balanced
23.56
ContCore p
DivInc t
21.05
SelComunInfo t 58.57
Columbia Class I:
17.91
Acorn I n
AcornIntl I n
47.28
AltBeta I n
9.44
40.84
Balanced I n
ContCore I n
26.18
10.21
CorpIncm I n
21.73
DivIncom I n
DivOppty tn
10.14
HYMuni I n
10.64
IntmMunBd I n 10.56
LgCapGr n
16.71
LgCpGrow I n 43.15
49.71
LgCpIdx I n
MdCpIdx I n
16.87
MdCpVal I pn 15.31
MidCapGth I n 29.95
SelComunInfo tn 88.29
25.12
SmCpIdx I n
SmCpValII I n 17.93
StratInc I n
6.00
TaxEZ n
13.65
TotReBd I n
9.04
USGvtMtg tn
5.42
Columbia Class I2:
ContCore I2
26.60
22.05
DivIncom
MidCapIndx
17.18
SelLgCpGr t
17.26
Columbia Class I3:
ContCore I3 p 26.61
DivIncom
22.08
17.43
SelLgCpGr t
STBond
9.94
Columbia Funds:
UltShortBd
9.01
Commerce Funds:
19.98
Bond
Community Capital Tr:
CRAQualInvFd 10.57
Credit Suisse Common:
ComdtyRet r
5.11
Cullen Funds:
19.31
HiDivEqI r
Davenport:
Val&Incm n
17.10
Davis Funds A:
50.64
Fincl A
-2.12 12.6 39.4
0.99
-0.06
-0.06
-0.06
0.31
0.34
1.50
7.9
10.4
9.8
10.7
8.2
8.5
7.5
24.4
22.3
20.0
23.6
30.2
31.4
23.4
NA
NA
NA
-0.15
0.02
-0.21
-0.04
-0.05
-0.15
-0.02
-0.06
0.00
-0.06
-0.06
-0.03
-0.04
0.58
-0.03
-0.05
-0.05
-0.07
-0.05
-0.09
-0.11
-0.15
-0.05
1.10
-0.20
0.00
-0.02
0.03
-0.05
20.9
6.5
10.6
18.4
12.3
16.1
17.8
15.0
9.0
11.8
17.5
25.7
23.9
39.4
5.5
6.1
25.8
16.9
15.3
10.9
7.6
19.3
8.3
39.3
7.4
15.2
5.5
5.6
3.1
30.5
12.6
20.7
26.6
19.5
31.2
30.0
32.1
19.9
26.8
17.1
30.4
27.8
87.6
13.9
13.5
41.9
33.2
23.2
31.7
19.6
28.8
17.3
84.2
34.8
19.2
12.7
10.0
8.4
-0.16 16.4 32.1
-0.21
-0.14
-0.06
0.78
9.9
15.4
14.3
38.4
18.0
28.2
29.2
80.2
-0.17
-0.43
-0.05
-0.21
-0.16
-0.08
-0.06
0.00
0.03
0.01
0.04
-0.06
-0.07
-0.09
-0.05
-0.15
1.20
-0.19
-0.35
-0.02
0.03
-0.04
-0.02
21.1
26.3
4.2
10.9
16.4
4.6
15.2
9.1
6.2
4.4
31.1
26.1
17.1
11.1
8.5
19.5
39.6
7.7
6.0
5.7
5.7
3.4
2.9
31.6
19.7
NS
21.6
32.1
10.0
33.1
20.8
14.1
7.9
27.6
43.0
34.2
32.6
18.3
29.8
85.6
35.9
28.8
13.6
10.7
9.3
7.6
-0.15
-0.06
-0.10
0.04
16.5
15.4
11.1
31.2
32.6
33.6
32.6
28.1
-0.16
-0.06
0.04
-0.01
16.5 32.8
15.4 33.9
31.2 28.2
1.2 3.4
1.2
2.6
-0.08 3.9
0.00
8.8
-0.02 2.1
5.1
0.03
0.8 -23.6
-0.08 13.3 26.1
-0.08 12.8 28.5
-0.76 13.6 34.6
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
NYVen A
34.26
Davis Funds C & Y:
NYVenC
31.27
NYVenY
35.00
Del Invest Instl:
CorpBdI
5.86
28.41
USGrw
Value
21.04
Del-Pooled Trust:
MondrianIntlEq 15.82
Delaware Invest A:
Diver Inc p
8.70
64.05
SmCpValA p
SMIDCapGrA p 20.27
Deutsche Funds:
CapGrth p
81.45
CapGrth n
82.33
CoreEq n
28.04
CROCIIntrFdS n 49.05
EqDivA
55.91
GblIncBldA
10.08
13.71
GNMA S n
HiIncA
4.76
HiYldTx n
12.31
IntTaxAMT n
11.85
MgdMuniA p
9.18
MgdMuniS n
9.19
S&P500S n
30.70
TechA
22.56
Diamond Hill Funds:
LgCapA p
26.34
LgCapI
26.56
LgCapY
26.60
LongShortI
26.01
SmCapI
36.76
22.28
SmMidCapI
Dimensional Fds:
2TGlFxd
9.98
5GlbFxdInc
11.02
CASTMuniBd 10.30
Cont
27.65
DFARlEst
36.19
EmgMkt
29.63
EmgMktSoCoEq 14.45
30.22
EmgMktVa
EmMktCorEq 22.42
EmMktSmCp 23.47
Fixd
10.29
GblAll60 40Inst 17.81
GlAll25 75Inst 13.46
GlEqInst
22.48
GlRESec
11.19
InfProtSec
11.80
IntGvFxdInc
12.43
IntlCoreEq
14.17
IntlREst
5.12
IntlSustCore1 10.78
IntlVal
19.97
IntlVectorEq
13.29
21.36
IntSmCo
IntSmVa
23.28
IntTermMuni 10.18
IntVaIII
16.92
ITExQual
10.79
Japan
28.58
LgCo
20.12
LgCpIntl
23.46
SclCrEqInst
13.64
SelHdgGlFxd
9.66
STExQual
10.83
STGov
10.59
STMuniBd
10.17
TAUSCoreEq2 17.48
TAWldexUSCr 11.50
TM IntVa
16.40
43.38
TM US Sm
TM USTgtVal 37.25
TMMktwdVa
30.25
TMMttVa2
28.26
28.02
TMUSEq
21.97
US CoreEq1
US CoreEq2
20.82
US Micro
22.15
US Small
35.71
US SmCpVal
38.05
US TgdVal
24.78
USLCpGr
18.28
USLgVa
38.83
USLgVaIII
27.28
USSoCoreEq2 15.50
USSustCoreI 20.43
18.93
USVectorEq
10.21
WexUSGov
Dodge & Cox:
Balanced n
108.61
GblStock n
13.84
Income n
13.80
-0.52 16.5 35.7
-0.48 15.7 32.5
-0.53 16.8 36.7
-0.05 6.1 10.2
-0.13 25.7 28.2
-0.08 8.2 25.4
-0.13 18.5 15.9
-0.05 4.4 6.6
-0.69 7.1 31.7
0.25 23.2 29.4
-0.22
-0.22
-0.10
-0.98
0.11
-0.02
-0.05
-0.05
0.03
-0.01
0.01
0.01
-0.04
-0.04
22.3
22.6
17.2
19.8
15.5
13.3
1.6
6.3
5.8
3.7
4.9
5.1
17.0
36.8
38.6
39.6
37.6
13.1
29.4
15.5
3.3
13.3
12.3
7.0
9.0
9.7
33.5
56.5
-0.12
-0.12
-0.11
-0.20
-0.62
-0.16
14.2
14.5
14.6
2.3
5.4
4.2
31.6
32.7
33.2
12.8
15.5
27.6
0.00
-0.02
-0.01
-0.61
0.87
-0.10
-0.04
-0.32
-0.08
-0.08
0.00
-0.07
-0.03
-0.12
0.23
-0.03
-0.05
-0.12
0.05
-0.10
-0.11
-0.10
-0.21
-0.26
-0.02
-0.09
-0.08
-0.03
-0.03
-0.15
-0.10
-0.01
-0.02
-0.01
-0.01
-0.11
-0.08
-0.11
-0.69
-0.50
-0.13
-0.12
-0.10
-0.10
-0.12
-0.42
-0.48
-0.76
-0.24
0.01
-0.19
-0.14
-0.10
-0.09
-0.19
-0.03
1.0
2.2
1.4
29.4
6.6
32.1
32.2
27.9
31.1
28.0
0.9
10.7
5.1
17.0
7.6
2.4
2.3
23.7
8.9
23.3
21.9
24.4
24.9
23.1
2.6
22.0
4.8
29.9
17.3
22.0
23.5
2.5
2.0
0.8
1.4
13.1
25.9
21.7
6.7
5.7
10.6
10.7
16.7
15.3
13.1
6.5
6.3
2.2
4.0
19.0
12.3
12.4
12.8
15.8
8.8
2.4
2.2
5.8
2.4
51.5
22.9
19.9
22.2
18.8
20.8
26.0
2.0
18.5
9.9
28.3
18.1
4.6
6.2
27.2
9.2
23.5
20.6
30.2
38.0
37.5
5.5
21.2
11.4
60.8
34.8
19.1
27.0
1.2
5.3
3.0
2.3
29.9
25.8
19.9
30.3
27.6
28.1
28.6
33.8
32.2
29.4
31.7
29.5
22.4
24.8
34.3
30.4
30.9
28.0
31.7
26.1
11.5
-0.65 8.5 24.5
-0.11 16.2 24.9
-0.05 3.8 9.3
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.
November 13, 2017
BARRON’S
M29
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.
Intl Stk n
46.09
200.54
Stock n
Domini Funds:
Intl Equity Inv tn 8.98
US Equity Inv pn 48.30
DoubleLine Funds:
CoreFxdIncmI 11.00
CorFxdIncN n 10.99
EmgMktIncmI 10.80
LowDurBdI
10.06
LowDurBdN n 10.05
TotRetBdI
10.69
10.68
TotRetBdN n
Dreyfus:
Aprec pn
37.83
CA AMTMuBdZ nr 15.19
Discp n
38.25
56.86
Dr500In tn
Dreyf n
11.72
DreyMid Inv nr 38.84
DynTotRetI
17.05
DynTotRetY
17.06
FloRtIncY
12.08
GblRealRtY
14.46
GblRESecY
9.28
21.53
GlbStkI
GlFxIncI
21.54
GrInc n
22.24
HYldI
6.29
Interm n
13.77
InstS&PStkIdx I n 52.19
16.16
IntlBdI
IntlSmCpY
16.64
IntlStkI
18.59
11.80
MunBd nr
NewtonIntlEqY 21.89
NY Tax nr
14.91
SelMgrSmCpGroY 27.46
SelMgrSmCpVaY 25.64
SmCpStk Inv nr 32.23
StratValA r
41.76
StrgVal I
41.91
Dreyfus Premier:
IntlStkY
18.38
Driehaus Funds:
DriehausAcInc n 9.83
38.76
EmMktsGr n
Dupree Mutual Fds:
KYTF n
7.76
-0.43 21.0 13.6
-1.57 11.9 31.9
-0.09 22.5 27.9
-0.05 12.4 17.1
NA NA NA
NA NA NA
-0.04 8.4 14.6
NA NA NA
NA NA NA
NA NA NA
NA NA NA
0.08
0.01
-0.18
-0.09
-0.08
-0.21
-0.13
-0.12
-0.01
-0.08
0.15
0.12
-0.05
-0.15
-0.06
0.01
-0.07
0.05
-0.05
0.08
0.01
0.01
0.01
-0.41
-0.41
-0.26
-0.48
-0.48
21.9
5.5
13.0
16.8
15.9
10.9
7.8
7.8
3.0
4.0
9.9
21.6
3.7
14.0
6.1
4.7
17.1
10.3
29.5
25.0
5.4
24.3
5.1
19.0
8.3
7.1
7.8
8.0
27.3
10.0
31.3
32.9
27.2
31.7
9.0
9.3
9.6
7.5
17.1
28.6
7.5
28.2
12.7
8.3
34.2
5.6
NS
27.2
10.1
18.6
10.0
25.9
23.6
34.6
27.1
28.0
0.07 24.9 27.3
-0.02 -0.3 3.6
0.23 38.5 24.0
0.00
3.7
7.7
E
Eagle Fds Svcs Inc:
SmCpGrA p
61.87 -0.25
Eaton Vance Class A:
30.18 -0.25
AtlCpSMID p
DivBldrA
14.90 -0.09
FloatRt
9.30 -0.01
FltgRtAdvg p 10.90 -0.01
Inc Bos
5.74 -0.06
LgCpVal
19.49 -0.08
NatlMuniInc
9.91 0.02
ShDurStratIncFd 7.48 0.02
TMG1.1
49.51 NA
WW Hlth Science p 10.37 -0.09
Eaton Vance Class C:
FloatRt t
8.99 0.00
FltgRtAdvg p 10.87 -0.01
Eaton Vance Class I:
AtlCpSMID
33.13 -0.28
FloatRtHiInc
8.86 -0.02
FltgRt
9.00 -0.01
GblMacAbR
9.16 0.03
IncBos
5.75 -0.05
LgCpVal
19.57 -0.07
NatlMuniInc
9.91 0.02
ParEmMktsFdInst 15.39 -0.06
Eaton Vance Funds:
ParTxMgdEmgMktIn 51.13 -0.19
TMG1.0 n
1099.27 NA
Edgewood Growth Instituti:
EdgewoodGrInst 29.47 -0.12
18.0 32.3
18.7
13.9
3.5
4.3
5.0
9.1
4.8
4.7
NA
13.8
44.5
28.7
11.9
14.5
13.9
18.4
12.8
8.9
NA
6.5
3.0 9.6
3.8 12.7
19.0
4.0
3.9
4.3
5.4
9.4
5.0
22.1
45.6
13.3
12.8
11.2
15.0
19.3
13.5
7.4
22.1
NA
7.9
NA
32.7 52.3
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
18.91 -0.12 -12.9 -3.5
73.84 -0.84 12.2 30.9
8.02
25.14
10.00
6.03
23.28
13.40
6.37
-0.04
-0.08
-0.01
-0.03
-0.09
-0.01
0.03
7.8
11.1
0.7
22.8
20.5
8.6
11.0
6.7
16.5
0.6
35.8
29.8
13.9
24.8
8.02 -0.04 7.1 4.3
6.38 0.03 10.3 22.0
10.00
36.52
9.89
9.99
23.79
-0.01
-0.41
0.00
-0.09
-0.09
1.1
24.4
1.0
6.2
20.8
2.0
19.4
1.4
17.4
30.8
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
KaufmnR r
6.05
MdCpISvc n
27.63
ShIntDurMuInst 10.28
StraValDivIS
6.40
10.87
TtlRtnBdI
UltraShortI
9.12
Federated R6:
TtlRtnBdL
10.87
Fidelity:
500IdxInst
90.46
500IdxInstPrem 90.46
500IdxInv n
90.44
500IdxPrem n 90.46
Contrafund K6 11.12
SerLTTreBdIdx 8.75
EmgMktIdxPrem n 11.29
ExtMktIdxInstPre 62.14
ExtMktIdxInv n 62.14
ExtMktIdxPrem nr 62.15
GblexUSIdxInst 13.49
GlexUSIdxInstPre 13.49
GlbexUSIdxPrem n 13.48
InflProBdIdxPrem n 9.86
43.08
IntlIdxInst
IntlIdxInstPrem 43.08
IntlIdxInv n
43.05
IntlIdxPrem nr 43.08
IntTrBdIdxPrem n 10.70
LTTrBdIdxPrem n 13.01
MidCpIdxPrem n 20.50
MidCpInxInstl 20.50
RealEstIdxPrem n 15.79
SAIUSLgCpIndxFd 13.87
SmCpIdxInst 19.98
STTrBdIdxPrem n 10.36
TMktIdxF r
74.91
TMktIdxInv n
74.87
74.88
TMktIdxInst
TMktIdxInstPrem 74.88
TMktIdxPrem n 74.89
USBdIdxF
11.56
USBdIdxPrem n 11.56
USBdIdxInstPrem 11.56
USBdIdxInst
11.56
Fidelity Adv Focus A:
42.17
HthCarA r
TechA t
58.99
Fidelity Adv Focus C:
34.01
HthCarC p
Fidelity Advisor:
SrsAdvIntlCapApp 20.37
10.63
TotBdFdClZ
Fidelity Advisor A:
AdvMdCpIIA p 21.17
AdvStrDivInA p 15.70
BalancA t
20.75
BioTech
24.33
23.38
DivIntlA
121.03
EqGrA t
EqInA
33.94
FF2030A p
15.20
FltRateA r
9.65
LevCoStA p
44.40
32.62
NwInsghtA p
SmllCapA p
28.31
StrInA
12.38
Fidelity Advisor C:
NwInsghtC t
29.00
12.35
StrInC
Fidelity Advisor I:
21.82
AdvMdCpII I
BiotechI
25.70
ConsvIncmMuni I 10.03
DivIntl
23.79
EmMktIncI r
13.95
EqGrI
131.43
FAIntDiscI r
46.77
FAInvGrdI
7.91
FF2030
15.30
FF2040
15.95
FltRatel
9.63
GrOppI
72.54
HiIncAdvI
10.62
45.73
HthCarI r
IntlGr
13.41
LeveCoSt I
45.33
LmtdTrmBdFd 11.49
MuniIncI r
10.44
13.22
MunIncI
NwInsghtI
33.33
REIncmInst
12.23
SmallCapI
30.70
StkSelMC
40.13
12.55
StrInI
Total Bd
10.63
Fidelity Advisor M:
Balanced p
20.98
EqGr p
119.00
EqIn p
34.62
67.51
GrOppM p
NwInsghtM p 31.66
SmllCapM p
26.45
StkSelMC
38.57
StrInM p
12.37
Fidelity Freedom:
FAFree2020I p 14.19
-0.02
-0.16
0.00
0.03
-0.07
0.00
23.0
10.8
2.3
11.4
3.6
1.7
-0.06 3.7
-0.13
-0.13
-0.13
-0.13
-0.07
-0.11
0.02
-0.49
-0.49
-0.49
-0.05
-0.05
-0.05
-0.02
-0.30
-0.30
-0.30
-0.29
-0.05
-0.17
-0.03
-0.03
0.39
-0.02
-0.26
-0.01
-0.19
-0.19
-0.20
-0.20
-0.19
-0.07
-0.07
-0.07
-0.07
17.3
17.3
17.2
17.3
NS
5.9
33.5
13.3
13.2
13.3
24.0
24.0
23.9
2.0
22.0
22.1
21.9
22.1
2.3
6.0
13.5
13.6
4.1
17.3
10.0
0.9
16.6
16.5
16.6
16.6
16.6
2.8
2.8
2.8
2.8
36.0
31.4
2.9
25.8
9.0
3.6
NS
34.8
34.9
34.6
34.8
NS
NS
20.1
29.4
29.2
29.3
19.1
19.1
19.0
4.0
19.9
19.9
19.4
19.8
6.0
11.9
28.2
28.3
19.4
NS
31.2
2.6
33.8
33.6
33.8
33.8
33.7
7.0
6.9
7.0
6.9
-0.69 22.7 20.8
0.59 52.0 83.2
-0.56 21.9 18.1
-0.06 31.1 31.1
-0.05 3.8 NS
-0.11
0.02
-0.08
-0.54
-0.11
-0.31
-0.16
-0.07
-0.02
-0.11
-0.22
-0.42
-0.06
14.1
9.8
13.6
21.9
23.8
33.2
7.1
15.9
3.0
12.5
24.5
9.7
6.7
27.0
23.0
22.3
8.4
23.6
41.3
20.2
23.2
9.7
16.9
36.1
18.8
12.5
-0.20 23.7 33.1
-0.06 6.1 10.0
-0.12
-0.56
-0.01
-0.11
-0.16
-0.34
-0.23
-0.04
-0.07
-0.07
-0.02
-0.32
-0.07
-0.74
-0.03
-0.11
-0.03
0.00
0.01
-0.23
0.04
-0.45
-0.52
-0.06
-0.05
14.3
22.2
1.1
24.1
8.0
33.5
28.5
3.2
16.1
18.0
3.3
31.7
9.7
23.0
26.3
12.7
1.8
4.4
6.0
24.8
7.2
9.9
15.2
7.0
3.7
28.2
9.3
1.8
24.6
20.0
42.5
24.9
7.7
24.1
26.4
10.5
41.1
19.9
21.8
25.3
17.8
5.0
7.2
10.3
37.2
21.1
19.7
25.5
13.2
9.5
-0.08
-0.32
-0.16
-0.31
-0.22
-0.40
-0.50
-0.07
13.4
32.9
6.9
31.1
24.2
9.4
14.7
6.7
21.5
40.4
19.3
39.0
35.1
17.9
23.8
12.4
-0.06 12.8 19.9
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
FAFree2025I
FAFree2035I
FAFree2045A
FF2005 n
FF2010 n
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
Freedom2010 K
Freedom2015 K
Freedom2020 K
Freedom2025 K
Freedom2030 K
Freedom2035 K
Freedom2040 K
Freedom2045 K
Freedom2050 K
Freedom2055 K
FundK
Idx2020InsPre
Idx2025InsPre
Idx2030InsPre
Idx2035InsPre
Idx2040InsPre
Idx2045InsPre
Idx2050InsPre
Income n
Income K
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
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
14.14
14.91
12.26
12.72
16.32
13.55
13.03
16.70
14.07
14.45
14.01
18.10
15.19
14.79
10.67
15.84
12.06
12.13
13.65
16.32
13.55
16.70
14.45
18.11
15.19
10.67
12.07
12.13
13.65
44.99
15.72
16.68
17.51
18.51
18.64
18.78
18.86
11.90
11.88
-0.06
-0.06
-0.06
-0.03
-0.04
-0.05
-0.05
-0.05
-0.05
-0.05
-0.05
-0.06
-0.05
-0.07
-0.03
-0.07
-0.04
-0.04
-0.04
-0.05
-0.04
-0.05
-0.05
-0.06
-0.05
-0.04
-0.03
-0.04
-0.05
-0.30
-0.05
-0.05
-0.06
-0.06
-0.05
-0.06
-0.06
-0.03
-0.03
13.9
17.9
17.7
9.0
10.6
12.0
11.6
13.2
12.6
14.1
13.7
16.6
18.3
17.7
18.5
17.7
18.5
18.5
18.5
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
20.3
11.5
12.5
14.8
16.7
16.8
16.8
16.8
7.0
NS
21.2
26.3
25.4
15.1
17.4
19.6
17.7
21.2
19.1
22.5
20.4
25.8
28.2
25.4
28.3
25.4
28.3
28.4
28.2
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
32.9
NS
NS
NS
NS
NS
NS
NS
12.2
NS
17.04
13.70
20.99
13.70
13.61
18.53
22.72
19.62
11.17
23.65
23.65
87.96
88.08
10.63
13.04
55.40
38.01
38.10
16.84
35.89
28.42
126.65
126.65
11.58
10.24
38.92
34.44
34.47
41.30
41.26
26.87
44.78
31.67
10.31
31.63
60.81
28.71
60.77
42.11
21.33
45.00
9.64
23.66
43.96
11.41
10.21
183.43
36.14
183.39
36.10
39.52
32.99
8.96
41.14
12.03
10.84
10.45
46.89
10.11
13.42
18.64
29.65
10.42
7.91
11.26
18.95
-0.03
-0.05
-0.07
-0.03
-0.04
-0.05
-0.06
-0.04
-0.03
-0.09
-0.09
0.15
0.15
-0.01
0.01
0.41
-0.16
-0.16
-0.09
0.92
0.00
-0.86
-0.86
-0.09
-0.09
-0.13
-0.06
-0.06
-0.19
-0.18
-0.20
0.41
0.14
-0.09
0.14
-0.41
-0.20
-0.41
-0.66
-0.04
-0.30
-0.02
0.00
-0.19
-0.04
-0.04
0.35
-0.20
0.35
-0.20
-0.30
-0.09
-0.08
-0.25
-0.03
-0.03
-0.02
-0.23
-0.08
-0.04
-0.08
-0.03
0.00
-0.03
-0.05
0.02
17.3
32.0
31.4
18.0
5.9
12.0
15.9
18.9
8.1
14.0
14.1
33.3
33.4
2.7
5.6
13.3
20.0
20.1
12.6
50.9
8.6
29.5
29.6
5.5
10.1
17.2
13.7
13.6
24.0
24.2
15.8
44.2
42.0
8.9
41.8
8.7
8.6
8.8
25.3
13.8
20.2
3.3
28.9
15.7
1.6
1.9
34.1
11.1
34.2
11.1
16.3
33.0
7.4
22.9
1.7
2.4
1.2
28.5
25.1
26.1
28.1
27.3
4.4
3.3
3.8
29.4
34.9
41.4
31.8
31.8
10.9
18.9
23.5
26.9
14.1
23.2
23.6
46.5
47.0
4.1
10.3
7.6
26.1
26.5
27.6
40.2
7.2
43.7
44.1
11.6
19.9
27.2
23.7
23.3
21.8
22.3
28.5
39.8
29.1
22.8
28.5
22.9
23.8
23.3
22.8
27.9
32.5
10.8
33.4
25.9
5.2
4.5
56.3
26.3
56.7
26.7
27.1
42.1
15.3
21.9
2.9
6.0
3.1
24.9
27.2
25.1
40.8
47.0
7.4
8.0
8.8
57.9
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
LargeCap n
LatinAm nr
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
ConStap nr
DfAero nr
Energy nr
FinSvc nr
Gold nr
Health nr
HlthCareSrvPt r nr
Ind n
ITSvs n
Mat nr
MdEqSys n
Multimedia nr
NatRec nr
Pharm n
Retail nr
Semiconductors r nr
Softwr nr
Tech nr
UtilGr nr
Fidelity Series:
Canada
FASeriesEqGroFd
32.63
24.23
18.88
33.37
13.08
10.57
52.73
52.70
11.49
105.86
105.96
12.25
11.75
12.66
27.41
17.26
38.60
15.77
38.63
12.26
11.23
13.27
89.27
33.39
16.12
41.44
13.33
12.24
108.85
110.23
49.80
49.87
36.01
23.13
23.15
42.81
12.27
13.21
11.21
10.82
10.04
11.79
12.67
12.86
14.23
19.76
31.26
14.06
24.19
19.79
12.65
13.89
5.41
21.49
13.22
18.01
16.20
18.08
10.79
12.03
8.60
20.09
28.31
44.23
15.79
11.10
15.75
11.60
10.64
105.11
26.64
120.98
27.62
121.17
27.66
12.6
27.2
22.5
16.3
10.1
2.6
15.1
15.2
1.9
22.9
22.8
5.0
10.0
14.0
10.6
12.8
14.2
12.5
14.3
5.1
2.1
6.1
26.4
24.9
8.0
15.0
5.1
5.4
36.6
36.7
26.3
26.1
36.1
16.0
16.0
5.3
7.2
4.8
7.0
17.6
6.2
13.2
15.7
21.3
2.9
8.2
2.9
8.4
24.0
7.7
8.7
33.4
0.0
36.9
24.1
34.8
26.6
27.1
17.8
4.5
1.1
7.8
8.1
21.5
10.1
6.9
10.1
6.0
3.6
26.8
9.8
10.2
8.3
10.3
26.8
27.2
-3.9
38.7
18.6
25.4
3.4
26.9
27.3
5.1
36.5
36.1
9.7
16.6
21.2
21.6
26.9
28.8
27.5
29.3
9.9
6.4
10.9
49.8
37.7
20.3
27.5
10.1
11.6
58.9
59.4
34.9
34.3
44.5
25.5
25.2
23.0
20.9
17.4
19.6
NS
NS
NS
NS
NS
26.1
27.3
20.0
26.6
51.6
33.6
24.1
47.5
-25.6
27.5
19.1
57.0
25.7
36.9
14.5
22.0
3.2
21.2
27.6
34.1
23.8
13.3
23.9
11.0
9.6
41.5
18.6
21.1
21.7
19.4
29.1
14.90 0.02 33.6
12.35 -0.08 21.8
11.92 -0.06 NS
NS
NS
NS
33.39
216.71
182.18
40.27
93.95
164.65
43.06
109.60
20.01
227.07
91.21
35.77
54.56
90.85
46.72
80.28
28.82
18.28
126.02
126.14
171.33
192.00
86.30
-0.15
-0.30
0.06
-0.34
-0.01
-0.01
-0.05
-0.04
-0.02
-0.46
-0.47
0.02
-0.03
-0.04
-0.02
-0.08
-0.27
-0.01
-0.27
0.01
-0.04
0.01
-0.12
-0.23
-0.19
-0.31
0.00
0.01
-0.02
-0.01
-0.42
-0.43
0.36
-0.10
-0.10
0.99
0.04
0.32
0.02
-0.01
-0.14
-0.04
0.03
0.02
-0.19
-0.19
-0.57
-0.18
-0.43
-0.20
-0.06
0.03
0.02
0.01
-0.05
0.03
-0.04
-0.11
-0.07
-0.19
-0.01
-0.05
-0.36
-0.04
0.02
-0.05
0.02
0.02
-0.05
-0.44
-0.14
-0.52
-0.21
-0.52
-0.09
-1.52
-4.77
-1.40
0.13
1.28
-2.14
0.85
-2.48
0.10
-3.69
-1.56
-0.28
0.27
-1.24
-0.21
2.14
0.45
-0.29
-0.06
1.68
-0.34
1.73
0.57
3.7
24.5
28.6
14.0
6.2
28.4
-7.7
12.7
4.7
22.9
16.3
12.7
31.2
20.8
27.5
9.1
-5.7
7.4
14.9
36.7
36.5
52.5
21.1
33.6
13.9
43.1
32.4
12.7
61.2
-12.6
30.4
32.5
21.3
34.5
29.1
61.3
22.2
55.5
24.1
-13.6
-0.5
52.9
101.4
69.0
84.8
21.8
10.87 0.08 NS NS
15.18 -0.03 34.6 43.3
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
STCrFd
9.97
First Eagle Funds:
AmericaI
38.63
60.46
GlbA
OverseasA
25.36
US Val A t
21.22
21.57
US Val I r
First Investors A:
EqIncmA
10.82
GroInA p
23.69
IncomeA p
2.50
OppA p
41.76
TotRtA p
20.07
TxExIncmA
9.45
FMI Funds:
ComStkInvst n 28.45
34.25
IntlInvst n
LgCapInvst n 22.22
FPA Funds:
34.82
FPACres n
NwInc n
9.98
Franklin Templeton:
TgtGroA p
19.88
16.09
TgtMod C p
16.63
TgtModA p
FrankTemp/Frank Adv:
CA HY Adv t
10.90
CA IntAdv
12.07
CA TF Adv t
7.47
20.59
CvtScAdv
68.34
Dynat Adv
Fed TF Adv
11.99
FedIntAdv
12.22
FlRtDAAdv t
8.85
41.71
GrOpAdv p
Growth Adv t
94.57
HY TF Adv
10.20
IncomeAdv
2.34
RisDv Adv r
60.64
SmCpGrAdv p 22.73
SmCpValAdv t 61.26
SmMCpGrAv t 40.72
StrInc Adv p
9.88
TtlRtnAdv
9.85
USGovAdv p
6.11
Utils Adv
20.08
FrankTemp/Franklin A:
AZ TF A p
10.80
12.35
BAL A t
BalInv p
40.93
BioDis A p
148.55
CA TF A p
7.48
10.87
CAHY A p
CAInt A p
12.04
19.61
CoreAll A p
CvtSc A p
20.58
DynaTech A p 66.55
24.91
EqIn A p
11.98
Fed TF A p
FedInt p
12.20
FedL T TF
10.34
FL TF A p
10.66
FlRtDA A p
8.84
14.35
FoundFAlA p
FSmCoSer r
25.81
GoldPrM A p
14.98
GrOp B p
39.18
Growth A p
94.25
HiInc A
1.88
HY TF A p
10.16
IncomeA p
2.36
IntSmCoGr r
21.47
LwDuToRt A
9.83
MIInsTF A p
11.47
MNInsTF A p
12.35
MO TF A p
11.59
NC TF A p
11.48
11.32
NJ TF A p
NY TF A p
11.09
OHInsTF A p
12.73
OR TF A p
11.59
PA TF A p
9.97
RisDv A p
60.69
21.30
SmCpGr A p
SmCpVal A p 58.69
SmMCpGrA p 37.64
StrInc A p
9.87
TgtCon A p
14.93
TtlRtn A p
9.80
US Gov A p
6.09
Utils A p
19.93
FrankTemp/Franklin C:
Bal C t
12.23
CA TF C t
7.47
11.97
Fed TF C t
FlRtDA C t
8.84
FoundFAlC p
14.10
Growth C t
86.61
HY TF C t
10.35
Income C t
2.39
NY TF C t
11.07
RisDv C t
59.60
StrInc C p
9.86
US Gov C t
6.05
19.82
Utils C t
FrankTemp/Franklin R:
-0.01 1.5
NS
-0.32
-0.05
0.02
-0.07
-0.07
17.8
11.4
13.3
9.3
9.5
16.2
22.4
21.1
21.0
22.0
-0.07
-0.12
-0.02
-0.44
-0.09
0.01
10.6
12.5
5.7
12.3
8.2
2.8
23.5
19.8
11.8
20.8
13.4
6.3
-0.39 8.8 23.1
-0.40 14.6 32.0
0.07 12.7 27.7
-0.42 8.0 18.1
0.00 2.3 4.9
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.05
-0.01
0.03
-0.06
0.12
0.02
-0.01
0.00
0.13
-0.24
0.01
-0.01
-0.07
0.00
-0.82
-0.10
-0.04
-0.06
-0.03
0.10
6.5
4.1
5.9
17.6
39.6
3.4
3.6
2.7
28.2
23.3
3.6
7.2
16.5
15.1
7.0
19.3
4.5
3.3
0.9
15.2
15.5
8.1
12.4
28.1
53.1
8.5
6.7
11.9
33.1
39.1
9.9
13.0
31.8
22.4
28.7
23.8
6.7
5.7
3.2
28.3
0.01
-0.04
-0.21
-3.22
0.03
0.04
-0.01
NA
-0.07
0.11
-0.21
0.02
0.00
-0.01
0.00
0.00
NA
-0.29
0.03
0.12
-0.24
-0.01
0.02
-0.01
-0.16
-0.01
0.01
0.00
0.02
0.01
0.01
0.01
0.01
0.01
0.01
-0.08
0.00
-0.78
-0.10
-0.04
NA
-0.06
-0.02
0.10
3.6
7.1
8.4
14.6
5.6
6.4
4.1
NA
17.2
39.3
11.4
3.3
3.6
0.8
1.7
2.3
NA
29.5
-4.9
27.9
23.0
6.1
3.5
7.0
30.8
1.3
2.8
3.6
1.8
1.4
2.3
2.6
4.3
3.2
2.3
16.3
14.9
6.8
19.0
4.3
NA
3.1
0.7
15.0
8.2
16.9
18.1
4.1
12.0
15.1
7.8
NA
27.1
51.9
24.9
7.8
6.5
1.2
6.8
10.9
NA
31.7
15.6
32.1
38.0
9.1
9.6
12.4
34.9
3.3
5.8
7.2
6.6
5.0
6.4
5.9
10.4
7.9
7.2
30.8
21.5
27.6
22.9
5.9
NA
4.9
2.8
27.6
-0.05
0.03
0.01
0.00
NA
-0.23
0.01
-0.01
0.00
-0.08
-0.05
-0.02
0.10
6.4
5.2
2.8
2.0
NA
22.2
3.0
6.9
1.8
15.5
3.9
0.3
14.6
14.4
10.2
6.2
9.6
NA
35.0
7.8
10.6
3.7
27.9
4.6
1.3
25.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
FrkGrthR6
94.59
FrkIncR6
2.34
FrkSmCpGrR6 22.95
MutShrR6
29.27
TempGlbBndR6 12.11
TmpGlbTotRtnR6 12.24
26.75
TmpGrthR6
TmpFrgnR6
7.83
FrankTemp/Mutual A&B:
Beacn A
16.39
20.34
Europ A p
Shares A
28.92
FrankTemp/Mutual C&R:
28.43
Shares C t
FrankTemp/Temp A:
DvMk A p
21.78
Frgn A p
7.93
GlBond A p
12.16
10.49
GlSmCo A p
Growth A p
26.70
17.38
World A p
FrankTemp/Temp Adv:
EmMkSC Adv p 14.67
Frng Adv
7.82
GlBondAdv p 12.11
TGlTotRAdv
12.24
FrankTemp/Temp B&C:
GlBond C p
12.18
25.91
Growth C p
-0.24
-0.01
0.00
-0.17
-0.02
NA
-0.06
-0.11
23.5
7.3
15.3
5.4
4.0
NA
13.7
14.0
39.8
13.2
23.2
18.3
4.7
NA
16.4
13.6
-0.15 9.5 22.4
-0.35 9.4 13.8
-0.18 5.1 16.9
-0.17 4.4 14.3
0.12
-0.11
-0.01
-0.13
-0.07
-0.06
37.7
13.4
3.7
19.7
13.3
9.4
24.7
12.0
3.4
24.3
15.1
14.0
0.09 26.4 18.7
-0.11 13.7 12.9
-0.02 3.8 4.2
NA NA NA
-0.02 3.2 2.2
-0.07 12.6 12.5
GH
Gabelli Funds:
10.33
ABC pn
ABCAdv
10.22
60.69
Asset pn
EqInc pn
22.57
GabelliAsstFdClI 60.70
SmCapG n
58.20
59.44
SmCpGrwI
TETONWstMMFdI 29.46
Util A p
9.56
Util C t
6.76
Gartmore Funds:
NationwideInstSv 26.17
Gateway:
GatewayA
33.13
GE Elfun/S&S:
RSPIncm n
11.52
57.64
RSPUSEq n
Tax Ex n
11.59
64.74
Trusts n
Glenmede Funds:
SmCpEqAdv
31.58
GMO Trust Class III:
EmgCntryDt r 29.77
Quality
25.53
24.99
USTreas
GMO Trust Class IV:
CorePlusBd
21.71
EmergMkt
34.69
29.73
EmgCntrDt
IntlEq
24.06
25.57
Quality
GMO Trust Class VI:
AssetAllBd
22.41
EmgMkts r
34.70
25.54
Quality
USCoreEq
15.84
Goldman Sachs A:
CapGr
30.32
MidCapVal p
38.98
59.82
SmCap
Goldman Sachs Inst:
CoreFix
10.49
EmgMEq
22.80
EnhInc
9.42
GlbInc
12.29
31.50
Gr
GrOpps
28.53
HiQtyFltRte
8.72
HiYield
6.54
HYMuni
9.54
Int
13.53
39.43
MidCapVa
Muni
15.69
ShDuGov
9.87
ShDuTF
10.53
64.25
SmCapVa
Guggenheim Funds Tru:
FloRaStraFdInst 26.06
MacOppFdClA 26.69
MacOppFdClInstl 26.72
TotRtnBdFdClInst 27.10
TotRtnBondFdClA 27.07
GuideStone Funds:
AggrAllGS4
12.76
12.27
BalAllGS4
GrAllGS4
12.73
27.09
GrEqGS2
IntEqGS2
16.80
13.42
LowDurGS2
MedDurGS2
14.81
22.97
ValEqGS2
Harbor Funds:
Bond n
11.65
-0.02
-0.02
-0.07
-0.10
-0.07
-0.51
-0.52
-0.43
-0.02
-0.01
1.6
1.4
13.8
9.6
14.1
13.2
13.4
11.8
9.4
8.7
7.8
7.1
21.1
16.5
22.0
29.8
30.7
31.4
18.2
15.6
NA
NA
NA
-0.03 8.4 16.4
-0.06
-0.20
-0.01
0.13
3.4 8.1
17.0 27.8
4.5 9.4
21.6 33.1
-0.35 9.6 28.4
-0.48 9.9 21.0
-0.13 25.9 42.7
0.00 0.7 1.3
-0.11
0.00
-0.49
-0.23
-0.13
4.1
29.0
9.9
23.3
26.0
4.7
20.7
21.1
15.4
44.9
-0.04
0.00
-0.13
-0.05
1.8
29.1
29.4
15.0
-3.2
21.1
48.9
32.8
-0.05 28.1 35.6
0.13 6.0 10.9
-0.84 6.6 25.8
-0.05
0.16
-0.01
-0.03
-0.03
-0.24
0.00
-0.06
0.04
-0.16
0.14
0.05
-0.01
0.00
-0.90
1.6
42.3
1.2
2.2
26.1
22.4
1.5
5.4
8.6
26.9
6.3
5.6
0.8
2.2
7.0
6.0
36.9
2.8
7.8
44.1
19.1
2.4
11.9
17.4
35.5
12.2
10.1
2.3
3.2
27.4
-0.03
-0.01
-0.01
-0.05
-0.06
3.2
4.3
4.6
5.6
5.3
12.1
13.5
14.7
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
-0.05 4.5
8.9
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
CapApInst n
76.09
CapApInv pn
73.62
10.14
HiYBdInst nr
IntlInst nr
69.53
68.77
IntlInv tn
MdCpVal Inst n 23.24
SmCpValInst n 36.10
Harding Loevner:
EmgMktsAdv 58.50
IntlEq
22.70
Hartford Funds A:
23.51
BalanA
14.75
BalIncA
CapAppA p
41.85
10.44
Chks&Bal p
DiscpEqA p
28.60
27.49
DivGth A p
EqInc t
20.66
FltRateA t
8.72
GlbCapAppr
18.68
46.09
GrOppty t
Hlthcare
34.63
17.50
IntOppA p
MidCap A p
30.23
10.41
TotRBdA p
Hartford Funds C:
Bal IncC
14.54
CapAppC
33.61
FltRateC t
8.70
MidCapC t
22.57
Hartford Funds I:
14.76
BalIncI
CapAppI
42.03
27.38
DivGthI
EmrgMktEqInv r 16.36
20.55
EqIncI
FltRateI
8.73
47.90
GrowOppI t
InterValue
18.08
31.00
MidCap
USSmMdCpOpInv r 14.39
10.51
WorldBond
Hartford Funds Y:
DivGthY
28.09
IntOppY
18.36
18.44
IntlValY
MidCapY
35.74
Hartford HLS Fds IA:
Balanced
30.57
49.13
CapApp
DiscEqui
15.08
23.55
Div&Grwth
GrwthOpp
37.95
17.16
IntlOpp
MidCap
39.09
19.47
SmallCo
SmCpGrwth
30.68
77.40
Stock
TotRetBd
11.24
Hartford HLS Fds IB:
CapApprec p
48.37
Heartland Funds:
Val Inv n
42.60
Hennessy Funds:
CorMidCap30Inst 22.68
87.40
FocInst
FocInv
85.21
GasUtilIndInv 30.41
Homestead Funds:
SmCoStk n
43.99
Value n
54.69
Hotchkis and Wiley:
HiYldClA
12.15
12.23
HiYldI
MidCpVal
37.82
62.01
SmCpVal
-0.02
-0.02
-0.08
-0.35
-0.35
-0.09
-0.03
34.3
33.9
5.6
19.0
18.7
6.5
18.6
47.2
45.6
12.5
12.6
11.3
22.3
41.0
NA
NA
NA
NA
NA
NA
-0.13
-0.11
-0.20
-0.05
-0.15
-0.16
-0.15
-0.02
-0.07
-0.27
-0.48
-0.10
-0.22
-0.05
11.6
8.6
17.7
11.6
16.7
13.5
13.2
3.7
17.9
28.7
19.2
22.2
19.2
4.0
18.7
20.4
24.9
20.5
34.4
29.1
30.0
10.9
19.5
43.1
28.2
22.5
36.2
7.3
-0.11
-0.16
-0.02
-0.17
7.9 17.9
16.9 22.2
3.1 8.4
18.4 33.2
-0.10
-0.20
-0.16
0.05
-0.16
-0.02
-0.28
-0.02
-0.22
-0.11
-0.01
8.9
17.9
13.7
37.4
13.3
4.0
29.0
21.9
19.5
10.6
2.4
21.4
26.0
30.0
27.8
31.0
11.8
44.1
37.9
37.1
36.4
4.5
-0.16
-0.10
-0.02
-0.25
13.8
22.6
22.0
19.5
30.5
24.2
38.3
37.8
-0.18
-0.13
-0.07
-0.13
-0.22
-0.10
-0.29
-0.20
-0.49
0.32
-0.05
11.9
18.6
16.9
13.9
28.9
23.1
19.6
20.5
14.7
14.6
4.4
20.2
27.0
35.7
30.8
45.8
25.2
37.7
13.9
32.8
28.5
9.1
-0.13 18.3 26.0
-0.85 5.4 11.0
-0.44
0.59
0.57
0.09
13.6
15.4
15.0
9.5
25.4
32.2
30.7
11.8
-0.62 7.0 25.3
-0.58 15.6 30.9
-0.06
-0.06
-0.16
-0.80
6.9 15.8
7.2 16.7
1.4 9.8
5.2 20.4
I
ICM Small Company:
34.66
ICMSmCo
IFP US Equity Fund:
IFP US EquityFd 17.85
Invesco Fds Investor:
DivrsDiv n
20.05
GlHltCr pn
37.42
Invesco Funds A:
500InxA p
28.19
39.41
AmValA
BalancedRiskAllA 11.34
18.66
Chart
CmstA
26.16
CpBdA
7.41
DevMkt
36.62
24.39
DivIncm p
DivrsDiv p
20.07
EqIncA
11.23
58.90
EqWtdA p
FltgRate p
7.57
16.36
Glcoreeq p
GlHltCr
37.41
28.55
GrIncA
GrowAlloc p
15.98
HYld
4.17
HYMuA
10.12
36.45
IntlGrow
-0.40 10.1 42.1
NA
NA
NA
-0.08 5.2 24.7
-0.67 13.6 6.0
-0.05
-0.40
-0.02
-0.11
-0.26
-0.07
0.00
-0.09
-0.08
-0.08
0.08
-0.01
-0.23
-0.67
-0.24
-0.06
-0.04
0.03
-0.20
16.7
3.6
7.8
9.4
11.9
6.3
25.9
5.7
5.2
7.5
13.0
3.3
17.8
13.6
9.4
13.2
5.1
8.1
20.1
32.6
10.5
15.0
13.6
25.1
13.6
16.9
28.4
24.6
22.2
27.6
10.2
22.1
6.0
28.7
17.5
11.1
18.5
15.0
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IntTMIA p
11.17
LmtdTrmMunInc p 11.38
MdCpCEq
24.10
MidCpGwth p 39.73
13.69
ModeAlloc p
13.45
MunInA
RealEst p
22.63
39.25
SmCpGr
20.71
SmCpValA t
Invesco Funds C:
BalancedRiskAllC 10.88
19.81
DivrsDiv t
11.03
Eq IncC
56.30
EqWtdC
TEHYC
10.09
Invesco Funds Instl:
37.08
IntlGrow
43.76
SmCpGr
Invesco Funds P:
Summit P pn 20.43
Invesco Funds Y:
BalancedRiskAllY n 11.48
EqWtdY n
59.53
IVA Funds:
18.23
Intl I r
WorldwideA t 19.13
WorldwideC t 18.74
19.21
WorldwideI r
Ivy Funds:
23.95
AssetStrA p
22.59
AssetStrC t
24.33
AssetStr I r
25.13
BalancedA p
BalancedC t
24.94
EmgMktEqFdI 21.60
HiIncA p
7.51
HiIncC t
7.51
HiIncI r
7.51
20.08
IntlCorEqI r
19.92
IntlValA
23.38
LgCpGwthl r
10.80
LtdTrmI r
25.30
MidCapI
69.71
ScTechA p
ScTechC t
60.51
76.27
ScTechI r
73.28
ScTechY t
0.01
0.00
-0.04
-0.30
-0.05
0.03
0.67
-0.16
-0.36
4.9
2.8
12.2
18.2
10.5
5.7
9.8
20.2
10.6
8.5
3.9
20.0
22.1
14.4
11.0
21.0
32.7
24.8
-0.03
-0.08
-0.08
0.08
0.04
7.0
4.5
6.8
12.3
7.5
12.4
21.8
19.6
24.9
15.9
-0.20 20.4 16.1
-0.18 20.6 34.3
0.05 28.5 42.1
-0.03 7.9 15.8
0.09 13.3 28.6
-0.02
-0.04
-0.04
-0.04
15.5
11.5
10.8
11.8
19.4
14.9
12.3
15.7
-0.11
-0.11
-0.11
-0.14
-0.14
0.17
-0.07
-0.07
-0.07
-0.04
-0.04
-0.05
-0.03
-0.07
0.41
0.35
0.45
0.43
15.4
14.7
15.7
8.6
7.9
41.8
6.3
5.6
6.5
20.0
19.6
26.8
1.9
21.5
36.2
35.3
36.5
36.2
-1.8
-3.9
-1.0
11.5
9.2
38.9
12.1
9.8
13.0
19.6
18.5
38.4
5.0
23.7
35.6
32.7
36.7
35.7
-0.12 3.9
8.2
J
JamesBalGR A n:
JamesBalGR A n 25.22
Janus Henderson:
32.92
Balanced C
Balanced S
33.20
33.25
Balanced T n
Contrarian T n 19.60
Enterprise Inst 69.17
Enterprise S
114.44
Enterprise T n 116.81
10.38
FlxBnd T n
GlbEqIncA
7.86
GlbEqIncC
7.80
GlbResch T nr 77.07
GlLifeSci T nr 53.78
31.86
GlTech T nr
53.22
Grw&Inc T n
HiYld T nr
8.46
30.08
IntlOppsA p
18.37
MdCpVal T n
Overseas T nr 32.76
47.36
Resh T n
23.73
SCVal T n
ShtTmBd T n
3.02
78.21
Venture T n
Jensen I :
46.50
Jensen I
JensenQualGrJ n:
JensenQualGrJ n 46.48
John Hancock:
31.43
500Index1
BondI
15.89
15.92
BondR6
CapApprNAV 19.72
32.34
ClassicVal I
DispValMdCpR6 23.92
21.91
DispValR6
21.87
DispVal I
EmrgMktsNAV 11.77
GblAbRStratI 10.42
GblAbRStratR6 10.44
GblShrhYldI
11.58
27.52
IntlGrwI
17.03
IntlValNAV
12.97
VolBalSrs1
14.43
VolGrw1
MdCpIdxI
22.10
Science&TechI 29.85
TotalStkMktIdxI 21.75
13.60
TRNAV
John Hancock Class 1:
BlueChipGrw 41.16
19.68
CapAppr
17.54
LSAggr
15.93
LSBalncd
13.19
LSConserv
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-0.16 20.0 40.9
-0.16 19.7 39.9
-0.04
-0.09
-0.09
-0.01
-0.22
-0.12
-0.22
-0.23
-0.04
-0.06
-0.05
-0.04
-0.04
-0.27
-0.06
-0.08
-0.12
0.12
-0.06
-0.06
17.1
4.5
4.6
34.5
10.4
11.5
13.0
12.9
30.3
2.8
3.0
13.9
35.2
13.9
11.8
15.4
11.0
40.6
16.0
4.1
33.8
9.8
10.3
47.6
29.5
34.3
25.1
24.7
19.0
1.9
2.3
15.6
38.2
12.1
14.6
13.1
31.7
63.6
31.1
8.1
-0.24
0.00
-0.08
-0.07
-0.05
33.4
34.5
19.7
12.8
6.4
49.8
47.4
26.6
18.9
10.4
M30
BARRON’S
November 13, 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.
LSGwth
17.10
LSModer
14.33
RetCho2020
12.42
RetCho2025
13.69
RetCho2035
15.26
RetCho2030
14.67
RetCho2040R4 15.61
RetCho2045
15.74
RetCho2050R4 14.03
RetLiv2020
11.17
RetLiv2025
11.91
12.27
RetLiv2030
RetLiv2035
12.80
RetLiv2040
12.83
RetLiv2045
12.72
John Hancock Funds A:
BalA
20.42
BondA p
15.89
DispVal
22.48
DispValMdCp 23.04
IntlGrw
27.42
FunLgCpCorA p 51.54
LifeBal
16.02
LifeConsv
13.21
LifeGrw
17.13
LifeMod
14.37
RgBkA
26.18
StrIncA p
6.46
USGlobLdrs
47.39
John Hancock Funds C:
LifeBal
16.01
LifestyleGrw
17.06
John Hancock Instl:
DispValMCI
23.92
FunLgCpCorI 53.71
IncomeI
6.45
StratIncmOppI 10.85
USGlbLdrsGrwI 50.51
JPMorgan A Class:
CoreBond
11.61
CorePlusBd p
8.27
EqInc p
16.54
EqIndx p
39.91
GwthAdv p
19.99
HighYld p
7.37
Inv Bal p
15.98
InvCon p
13.11
18.29
InvG&I p
InvGrwt p
21.76
LgCpGwth p
36.85
MdCpGrw p
30.17
MdCpVal p
38.63
Sm Cap p
50.16
SR2020 p
19.93
SR2030 p
21.53
SR2040A p
22.65
USEquity
16.92
USLgCpCorePlA p 32.51
34.56
ValAdv t
JPMorgan C Class:
CoreBond p
11.68
InvBal p
15.74
InvConsvGr t
13.05
ValAdv t
34.28
JPMorgan Funds:
DiscEqL
27.33
Dvrsified L
18.32
MdCpVal L
39.62
USEquity L
16.98
USSmCo L
19.07
JPMorgan I Class:
CoreBond
11.60
CorePlusBd
8.27
EmMktEq I
29.01
EqInc
16.81
EqIndx
39.96
GrAdv r
20.51
GvBd
10.51
HighYld
7.41
IntlEqIndx
18.85
IntmdTFBd
10.83
IntrepidVal
37.95
LgCpGwth
37.16
MdCpGrw
34.30
MdCpVal
39.10
MkExpEnhIdx 12.31
MtgBckd
11.20
ShtDurBnd
10.80
SmartR2020
20.00
SmCap
57.49
SR2030 I
21.58
SR2040 I
22.72
TxAwEq
34.70
USEquity
16.96
USLgCpCorPls 32.88
34.82
ValAdv
JPMorgan Inst Class:
ValAdv L
34.86
JPMorgan R Class:
CoreBond
11.62
CorePlusBd
8.27
USRechEnhEq 27.34
HighYld r
7.42
LimDurBd
10.04
MtgBckd
11.19
ShtDurBnd
10.80
-0.07
-0.06
-0.05
-0.06
-0.06
-0.06
-0.06
-0.07
-0.05
-0.04
-0.05
-0.05
-0.05
-0.05
-0.06
16.3
9.4
5.8
9.0
14.1
12.1
15.2
15.6
15.8
11.8
13.8
15.5
17.0
18.0
18.0
22.8
14.7
10.7
15.2
21.9
19.4
23.5
24.2
24.4
18.9
21.5
23.4
25.2
26.4
26.4
-0.05
-0.09
-0.23
-0.12
-0.05
-0.15
-0.07
-0.05
-0.07
-0.05
-1.29
-0.02
-0.04
10.6
4.3
12.7
11.1
34.8
16.7
12.5
6.1
16.0
9.1
3.1
3.7
21.8
17.7
8.8
23.7
32.9
36.9
36.8
17.6
9.2
21.5
13.5
54.0
7.3
35.5
-0.07 11.8 15.2
-0.07 15.3 18.9
-0.12
-0.16
-0.01
-0.04
-0.04
11.4
17.0
4.0
4.7
22.1
33.9
37.8
8.4
11.4
36.6
-0.05
-0.04
-0.14
-0.06
-0.05
-0.07
-0.06
-0.04
-0.07
-0.09
-0.06
-0.13
-0.11
-0.72
-0.08
-0.09
-0.10
-0.03
-0.08
-0.24
3.1
3.5
11.8
16.9
31.8
5.3
10.8
7.5
13.7
17.2
34.9
24.4
8.4
9.9
11.6
15.6
18.0
16.8
16.7
7.7
6.6
8.0
27.1
33.1
46.1
11.6
17.3
12.3
21.4
26.8
43.9
29.0
24.1
33.5
17.4
21.6
24.3
32.0
30.1
21.9
-0.05
-0.06
-0.04
-0.25
2.5 4.6
10.2 15.5
7.1 10.6
7.2 20.1
-0.05
-0.09
-0.11
-0.03
-0.26
17.0
15.2
8.8
17.1
4.2
27.7
22.2
26.0
33.2
25.9
-0.05
-0.04
0.39
-0.14
-0.06
-0.05
-0.04
-0.07
-0.17
0.01
-0.13
-0.05
-0.15
-0.12
-0.06
-0.02
-0.01
-0.08
-0.82
-0.10
-0.10
-0.13
-0.03
-0.08
-0.24
3.3
3.8
38.2
12.1
17.1
32.0
2.1
5.5
20.3
3.3
11.1
35.2
24.8
8.6
10.0
3.1
0.9
11.7
10.1
15.7
18.2
19.2
17.0
16.9
7.9
7.2
8.8
25.0
28.1
34.1
47.0
5.5
12.4
21.1
6.2
18.7
44.6
30.2
25.0
35.0
8.0
2.3
17.7
34.7
21.9
24.7
36.9
32.7
31.1
22.9
-0.24 8.2 23.8
-0.04
-0.04
-0.05
-0.07
0.00
-0.02
-0.01
3.4
3.7
17.1
5.8
1.9
3.2
1.1
7.9
9.1
28.1
12.9
4.3
8.5
3.1
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
SmCpEqR5
57.69
SmCpVal
31.49
USEqR5
16.99
JPMorgan R5 Class:
SR2020 R5
20.02
SR2030 R5
21.64
SR2040 R5
22.78
SRIncome R5 18.80
JPMorgan Select Cls:
IntrepidEurL r 27.32
-0.82 10.3 35.5
-0.45 -0.1 24.5
-0.03 17.2 33.5
-0.08
-0.09
-0.09
-0.07
11.7
15.9
18.3
9.4
18.1
22.4
25.3
14.3
-0.50 20.7 18.3
L
Laudus Funds:
USLgCpGr nr 21.53
Lazard Instl:
EmgMktEq
19.57
GlbLstInfr
16.76
19.26
IntlEq
IntStrtEq r
15.38
USEQ Concen Inst 15.87
Lazard Open:
EmgMktEqO n 20.08
GLIP Open n
16.78
Intl Eq R6
19.24
15.47
IntlStrEq n
Legg Mason A:
GrowFdClA
17.68
Legg Mason C:
CMOpporTrC r 20.74
ValueTrC
76.64
Legg Mason I:
CMValueTrI
92.08
Litman Gregory Funds:
Intl Inst
17.44
Longleaf Partners:
Intl n
16.61
27.98
Partners n
Sm-Cap n
28.81
Loomis Sayles Fds:
HiInc
7.02
LSBondI
14.14
LSBondR pn
14.07
LSCorBndA p 12.91
LSFixIncl
13.95
LSSmCpVal
37.00
LSStrIncA p
14.66
LSStrIncC t
14.78
SmCpGI
27.64
Lord Abbett A:
Affiltd p
16.66
BdDeb p
8.25
CalibrDivGr
15.64
DevGt p
22.05
FloatRt p
9.18
FundlEq p
13.98
HiYldA t
7.69
11.79
HYMuniBd p
IncomeA p
2.86
IntrTxFr
10.85
MidCapStk
29.96
MultiAstBalOppty 12.08
MultiAstGro
18.12
14.99
MultiAstInc
ShDurTxFr
15.61
ShtDurIncmA p 4.27
TaxFr p
11.40
TotRet p
10.36
ValOpps p
20.52
Lord Abbett C:
BdDeb
8.27
FloatRt p
9.19
ShtDurIncmC t 4.29
Lord Abbett F:
BdDeb
8.24
FloatRt p
9.17
HiYld p
7.68
10.85
IntrTxFr
ShtDurIncm
4.26
ShtDurTxF p
15.61
TotRet
10.36
ValOpps
20.90
Lord Abbett I:
DevlpGro
25.21
FloatRt
9.19
HiYld
7.72
29.79
MidCapStk
ShtDurInc p
4.26
SmCpVal
26.27
LSVValEq :
LSVValEq
29.28
-0.15 31.0 41.8
-0.04
-0.02
-0.06
0.00
-0.04
23.2
21.3
19.3
23.6
12.1
-0.04
-0.02
-0.06
0.00
23.0 10.4
21.0 46.2
19.3 NS
23.3 11.4
NA
NA
11.3
47.2
14.3
12.3
34.3
NA
-0.45 15.0 15.7
-0.37 9.0 17.6
-0.43 9.9 21.0
-0.28 18.1
7.8
-0.26 22.8 20.0
-0.09 10.3 7.0
-0.23 4.8 20.0
-0.03
-0.03
-0.03
-0.04
-0.03
-0.43
-0.04
-0.04
-0.44
7.0
6.7
6.4
4.1
7.5
5.7
6.5
5.8
22.6
12.6
7.5
6.5
6.5
10.2
29.6
6.6
4.3
33.3
-0.06
-0.06
0.01
-0.34
-0.01
-0.12
-0.06
0.04
-0.01
0.00
-0.02
-0.04
-0.07
-0.04
-0.01
0.00
0.03
-0.05
-0.13
10.5
7.9
13.3
22.8
3.2
8.0
7.5
6.8
6.0
5.1
4.5
8.3
9.0
7.8
2.0
2.2
6.5
3.2
5.8
26.7
18.6
30.0
10.6
12.7
23.2
19.5
14.9
11.1
8.1
19.9
14.4
17.0
12.9
1.9
6.4
11.8
7.1
22.0
-0.06 7.3 16.4
-0.01 2.7 10.7
-0.01 1.7 4.2
-0.05
-0.01
-0.06
0.00
-0.01
-0.02
-0.05
-0.14
-0.39
-0.01
-0.06
-0.03
-0.01
-0.32
8.0
3.3
7.6
5.2
2.3
2.1
3.3
5.9
23.1
3.4
7.7
4.7
2.4
3.2
19.0
13.0
19.9
8.4
6.5
2.2
7.4
22.5
11.4
13.5
20.3
20.8
6.8
23.6
-0.20 12.0 30.2
M
MainStay Fds A:
HiYldBdA
IncBldr
LgCpGrA p
TxFrBdA
MainStay Fds C:
HiYldBdC t
MainStay Fds I:
EpochGlb r
EpochUSAllCpI
MAPI
S&P500Idx
5.75
19.93
10.46
10.04
-0.02
-0.12
-0.04
0.01
5.4
10.4
29.9
4.8
17.2
15.3
34.9
10.7
5.73 -0.02 4.9 14.6
19.65
31.26
45.23
54.12
-0.06
0.01
0.02
-0.09
13.9
18.9
18.6
17.0
16.0
30.0
26.8
33.6
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
10.61
TRBd
Mairs&Power:
MairsPwrBal n 93.05
MairsPwrGr n 125.39
Manning & Napier Fds:
ProBConsS n 14.06
WldOppS n
8.21
UnconBdClS n 10.50
Marsico Funds:
Focus pn
20.34
Mass Mutual:
SelBluChipGroClI 20.70
MassMutual Select:
FundVlZ
13.13
IndxEqAdmin 21.90
IndxEqR4 n
21.68
IndxEqR5
22.21
MCGrEqIII
22.27
MCpGrEqIIS
22.09
Matthews Asian Funds:
AsiaDivInv nr 20.15
Asian G&I Inv nr 17.69
24.56
ChinaInv n
IndiaInv nr
32.94
JapanInv nr
24.32
PacTigerInv nr 30.51
Merger Fd pn:
Merger Fd pn 15.86
Meridian Funds:
Growth n
41.92
Value n
44.02
Metropolitan West:
IntmBdI
10.39
LowDurBd n
8.71
LowDurBdI
8.71
10.64
TotRetBd n
TotRetBdI
10.64
TRBdPlan
10.01
UnconstrBdI
11.97
UnconstrBdM n 11.98
MFS Funds Class A:
AgGrAlA p
23.29
BondA p
14.04
CoEqyA
32.02
ConAllA p
15.80
Growth A p
91.03
GlEqA
42.94
GlTotA p
18.02
GrAllA p
20.95
GvScA p
9.78
IntlDvFdA t
19.30
IntlVA t
43.08
IntNwDA p
34.19
MCpValA p
22.93
MIGA p
28.62
MITA p
32.87
ModAllA p
18.03
MuHiA
8.24
MuInA p
8.79
MuLtA
8.14
ReInA p
18.78
ResBdA t
10.70
RschA p
44.42
TotRA p
19.34
UtilA p
20.49
ValueA p
40.07
MFS Funds Class C:
ConAllC p
15.56
Growth C t
74.02
GrAllC p
20.46
ModAllC p
17.70
TotRC t
19.45
UtilC t
20.38
ValueC t
39.59
MFS Funds Class I:
BondI
14.03
Growth I
96.37
IntNwDI
35.21
MCpValI
23.50
MITI
32.06
ReInT t
19.44
ResBdI
10.70
RschI
45.56
TotRI
19.34
UStdI p
27.54
40.29
ValueI
MFS Funds Instl:
IntlEq
25.32
MLP & Energy Income I:
MLP&EnrgyIncmI 8.69
MLP Focus C:
MLPFocusC
6.71
MLP Focus I:
MLPFocusI
7.34
Morgan Stanley Inst:
48.56
CapGrI
CapGrP p
46.74
GloFranI t
24.78
IntlEqI
17.70
IntlEqP p
17.42
Munder Funds:
MndrIntlSmCpInv r 14.30
Munder Funds Cl A:
MndrMdCpCGroA t 40.16
Munder Funds Cl Y:
MndrMdCpCGroY r 42.26
-0.05 4.0
7.5
-0.45 8.4 18.7
-0.91 10.9 25.8
-0.06 7.7 8.7
0.00 20.6 13.4
-0.02 2.9 5.8
-0.09 34.7 27.1
-0.04 32.4 50.9
-0.11
-0.04
-0.04
-0.03
-0.15
-0.16
0.20
0.13
0.60
-0.35
0.10
0.28
10.2
16.9
16.7
17.1
21.3
21.2
23.2
33.0
32.5
34.1
39.5
39.0
31.7
19.1
58.8
28.4
29.2
33.1
38.9
11.2
52.4
31.0
53.5
30.0
-0.15 1.3
3.7
-0.68 18.1 33.3
0.43 18.4 35.3
-0.02
-0.01
-0.01
-0.04
-0.04
-0.04
-0.02
-0.02
2.1
1.1
1.3
2.6
2.9
2.9
3.6
3.3
4.6
2.6
3.2
5.8
6.6
6.7
7.7
6.8
-0.08
-0.11
-0.04
-0.05
0.00
-0.31
-0.07
-0.08
-0.04
-0.10
-0.17
-0.10
-0.09
0.05
-0.04
-0.06
0.01
0.01
-0.01
-0.10
-0.05
-0.12
-0.11
0.06
-0.38
19.1
4.9
20.5
9.0
28.7
18.6
12.3
15.7
1.7
25.6
23.4
26.4
8.2
23.9
19.1
12.3
7.0
5.4
3.3
23.2
3.4
19.6
8.9
15.5
12.2
27.5
11.0
35.3
13.9
43.0
26.9
16.6
23.0
3.3
25.7
36.8
29.1
23.7
36.1
33.1
18.3
15.9
11.3
5.3
15.5
7.1
32.6
19.4
7.3
29.1
-0.06
-0.01
-0.07
-0.07
-0.11
0.06
-0.38
8.3
27.9
15.0
11.5
8.2
14.8
11.4
11.4
39.8
20.3
15.6
16.8
4.9
26.3
-0.11
0.01
-0.10
-0.10
-0.04
-0.10
-0.05
-0.12
-0.11
-0.07
-0.38
5.1
29.0
26.7
8.4
19.3
23.5
3.5
19.9
9.1
15.5
12.4
11.8
44.0
30.1
24.6
34.1
16.4
7.6
33.6
20.3
27.9
30.1
-0.19 25.0 23.2
0.00 -7.7 -22.8
-0.04 -9.4 -22.4
-0.03 -8.6 -20.0
-0.36
-0.34
0.13
-0.05
-0.06
41.2
40.9
20.7
21.7
21.3
53.8
52.5
35.8
16.6
15.3
-0.11 31.0 41.2
-0.17 19.8 24.3
-0.18 20.2 25.4
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
MndrSCVClY p
Mutual Series:
BeacnZ n
EuropZ n
GlbDiscA
GlbDiscC t
GlbDiscz n
QuestA t
QuestZ n
SharesZ n
40.98 -0.36 6.6 27.5
16.56
20.98
32.22
31.64
32.89
15.69
15.94
29.25
-0.15
-0.36
-0.29
-0.29
-0.29
-0.17
-0.16
-0.18
9.8
9.6
7.1
6.4
7.3
3.6
3.8
5.3
23.4
14.7
17.2
14.6
18.1
14.3
15.3
17.8
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
N
Nationwide Fds R6:
BdIdxR6
11.03
IntIdxR6
8.75
MidCapIdxR6 19.51
S&P500IdxR6 16.49
Nationwide Fds Serv:
11.31
IDAggr p
IDMod p
10.59
IDModAggr p 11.38
Natixis Funds:
InvGradeBdA p 11.25
InvGradeBdC 11.14
InvGradeBdY 11.25
LSGrowthY
15.63
USEqOppsA
37.21
Neuberger Berman Fds:
EmgMktInst
21.07
EqIncInst
13.53
62.45
GenesInst
HiIncBdClR6
8.70
HiIncBdInst
8.70
IntrinsicValInst 16.34
LgShInst
14.21
MultCpOptyInst 19.44
38.32
SocRespInst
StrIncInst
11.09
Neuberger Berman Inv:
Focus n
27.55
Genes n
35.97
Guard n
17.78
13.20
IntlEqInst r
LCVal n
32.79
Soc Resp n
38.25
Neuberger Berman Tr:
Genes n
65.80
GenesisFdR6 62.47
Nicholas Group:
Nch II I n
29.29
Nich n
63.71
Northern Funds:
ActMEmgMktEq nr 21.17
ActMIntlEq nr 11.52
BdIdx n
10.52
EmMktsEqIdx nr 12.73
10.16
FixIn n
GlbREIdx nr
10.74
HiYFxInc n
6.87
IntlEqIdx nr
12.88
IntTxExpt n
10.56
MidCpIdx n
19.89
10.33
ShIntTaxFr n
SmCapIdx n
13.90
SmCpVal n
25.03
StkIdx n
31.14
TxExpt n
10.70
Nuveen Cl A:
AAMunBd p
11.68
HiYldMuBd p 17.40
LtdMnBd p
10.99
Nuveen Cl C:
HYMunBd t
17.39
Nuveen Cl R:
CAMunBd
11.27
DivVal I
15.93
17.40
HYMunBd
IntDMunBd
9.27
LmtTrmR
10.95
NWQSmCpR 53.92
RealEst
22.98
SmCpVal
25.72
-0.02
-0.02
-0.02
0.06
0.06
5.9 6.3
5.3 3.9
6.1 7.0
30.4 54.0
23.3 48.0
0.13
0.06
-0.94
-0.09
-0.09
-0.37
-0.04
-0.15
-0.29
-0.07
37.9
11.4
10.1
4.9
4.8
10.9
10.0
18.2
12.4
5.7
27.8
24.1
30.4
11.9
11.7
23.8
9.3
33.6
25.6
9.8
-0.24
-0.55
-0.08
-0.05
-0.21
-0.30
14.4
9.9
19.1
24.1
9.7
12.2
25.1
29.8
25.4
26.5
26.7
24.9
-1.00 9.8 29.4
-0.94 10.1 30.7
-0.23 19.8 29.8
-0.15 13.4 15.0
-0.07
-0.06
-0.05
0.00
-0.07
0.15
-0.06
-0.10
0.01
-0.11
-0.01
-0.18
-0.44
-0.05
0.01
32.0
24.9
2.9
33.6
3.3
12.3
6.5
22.0
3.9
11.2
1.6
9.8
3.8
17.2
4.4
18.8
14.4
6.8
20.0
7.0
17.0
12.2
19.1
7.7
32.8
2.3
30.0
29.1
34.5
9.9
0.04 7.3 13.1
0.07 10.7 19.7
-0.01 3.4 4.2
0.07 10.2 17.8
0.02
0.01
0.07
0.00
0.00
-0.06
0.50
-0.40
6.1
11.2
10.8
6.0
3.6
7.9
6.0
1.9
13.9
26.5
20.5
9.7
4.8
30.0
20.4
39.9
-0.12
-0.19
-0.40
-0.34
-0.39
-0.48
0.06
11.3
19.0
23.1
21.3
16.8
26.2
13.3
19.0
33.4
25.9
27.4
34.6
31.3
26.7
O
Oakmark Funds Invest:
33.85
EqtyInc nr
GlbSel nr
20.00
Global n
34.53
IntlSmCp nr
17.71
Oakmark n
84.66
OakmrkInt n
28.65
Select n
48.76
Oberweis Funds:
IntlOpp tn
27.44
IntlOppInst
13.23
Old Westbury Fds:
FixInc pn
11.09
AlCpCore n
16.45
LrgCpStr n
14.88
MuniBd pn
11.95
Sm&MdCapStrategi n 17.23
StratOpp n
8.27
Oppenheimer A:
ActiveAllA
14.35
-0.12 35.9 48.8
-0.06 36.1 49.1
-0.02
-0.13
-0.06
-0.01
-0.17
-0.04
1.5
16.9
16.0
2.5
13.1
11.2
3.0
20.2
20.8
4.3
25.4
14.7
-0.08 16.1 20.5
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
AMTFrNY p
10.88
61.87
CapApprA p
10.19
CapIncA p
CoreBdA p
6.84
42.76
DevMktA
84.61
DiscovA p
EqIncA p
31.65
18.31
EqInvA
FndAltFdB
27.14
19.44
GblAllocA
GblStrIncmA p 3.93
64.44
GlbOppA p
GloblA p
98.59
16.19
Gold p
IntlBdA p
5.90
17.84
IntlDivA
43.00
IntlGrowA p
IntlSmCoA
48.35
LmtTermBd p 4.53
LtdTermMuA p 4.10
58.70
MidCpValA
MnStFndA p
53.27
19.96
MnStOpA p
MnStSmCpA p 29.05
12.18
ModInvA
RisingDivA
20.47
RochAMTFrMuni 6.85
RochCAMuni
8.24
RochLmtTrNYMuni p 2.80
SenFltRtA
8.09
Oppenheimer C & M:
13.96
ActiveAllC t
39.91
DevMktsC t
25.23
EqIncC t
GblStrIncmC
3.92
57.22
GlbOppC p
GloblC p
90.91
50.40
MnStFndC
SenFltRtC
8.10
StlpathMLPAlphFd 6.24
StlpathMLPAlphFd 7.62
Oppenheimer N:
DevMktsN t
41.04
Oppenheimer Y:
42.25
DevMktY
65.15
GlblOppY
98.86
GloblY
42.83
IntGrowY
IntlBdY
5.89
48.08
IntlSmCoY
52.93
MnStFndY
MnStSmCapY 31.14
OppenheimerRochester:
RchHiYldMuniA 7.05
RchHiYldMunC 7.02
14.77
RoMu A p p
14.73
RoMu C p
Optimum Funds Inst:
Fixed Inc
9.63
Intl Eqty
14.45
20.72
LgCpGrwth
LgCpVal
16.49
Osterweis Strat Income:
OsterweisStrInc n 11.39
0.02
-0.17
-0.03
-0.04
-0.11
-0.54
-0.16
-0.13
-0.14
-0.10
-0.02
2.31
-0.76
-0.06
0.01
-0.16
-0.56
-0.57
-0.01
0.00
-0.33
-0.19
-0.11
-0.18
-0.05
-0.06
0.00
0.00
-0.01
-0.02
1.8
22.6
5.5
3.5
31.9
24.9
8.4
21.2
0.9
13.0
5.0
40.1
31.9
11.7
9.1
28.7
23.2
30.6
2.0
-5.1
9.0
13.4
13.0
9.3
12.4
13.7
6.0
4.5
-2.5
2.8
11.8
26.0
12.4
7.6
12.5
36.4
13.2
25.5
4.7
18.4
7.6
79.4
37.2
37.5
10.6
28.1
24.4
50.2
4.5
-3.1
25.9
31.2
22.4
16.9
16.9
20.7
16.0
13.4
-0.8
12.2
-0.08
-0.11
-0.13
-0.02
2.04
-0.72
-0.19
-0.02
0.03
-0.03
15.4
31.0
7.7
4.3
39.2
31.1
12.6
2.1
-7.1
-9.1
17.8
10.0
10.7
5.2
75.4
34.1
28.2
9.7
-23.1
-25.7
-0.10 31.6 11.7
-0.11
2.35
-0.76
-0.56
0.00
-0.56
-0.18
-0.20
32.2
40.4
32.2
23.5
9.1
30.9
13.6
9.6
13.4
80.7
38.2
25.4
11.2
51.4
32.1
17.8
0.01 7.1 19.5
0.01 6.5 16.9
0.06 4.9 15.0
0.06 4.2 12.1
-0.04
-0.18
0.01
-0.12
4.0 6.7
27.0 25.3
29.2 42.5
11.0 18.6
-0.03 5.1 13.7
PQ
PACE Funds Cl P:
IntlEqty P
LgGrEqty P
LgVEqty P
StraFxd P
StratInvP
Pacific Life Funds:
PortOptModAggClA p
PortOptModClA r
Parnassus Fds:
ParnEqFd n
Parnsus n
Pax World Fds:
Balanced n
Paydenfunds:
CoreBd n
LowDur n
LtdMat n
Pear Tree:
ForeignVal I r
PolForegValOrd tn
Perm Port Funds:
Permanent n
PIMCO Fds Admin:
HiYldAd p
ShortTrmAd p
TotRtAd p
PIMCO Fds Instl:
AllAsset
AllAssetAuth r
CommodtyRR
DivInc
EMFdIndPLSARStr
EmgLocBdFd
EmMktsBd
EmrgMktCur
ExtdDur
FrgnBd
FrgnBdUnd r
16.96
27.49
24.42
13.77
10.76
-0.06
-0.12
-0.20
-0.08
NA
22.9
26.7
9.0
5.0
NA
22.8
37.1
26.6
10.4
NA
15.87
14.65
NA
NA
NA
NA
NA
NA
44.09 -0.05 13.1 26.6
49.81 -0.43 10.8 31.2
22.12 -0.10 10.5 17.1
10.74 NA NA NA
10.07 -0.01 1.4 3.6
9.48 0.00 1.5 3.1
21.57 -0.17 21.5 26.0
21.57 -0.17 21.1 24.9
41.10 0.15
8.8 11.4
8.96
9.87
10.29
NA
NA
NA
NA
NA
NA
NA
NA
NA
12.18
9.04
6.86
10.98
11.10
7.37
10.55
9.23
8.00
10.71
9.93
NA
NA
NA
NA
NA
NA
NA
NA
NA
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.
10.45
GlblBdII
HiYld
8.96
InvGrdCorp
10.62
LgTrmCrdtFd 12.20
LngDurTotRtrn 11.20
LowDur
9.88
LTUSG
6.24
ModDur
10.25
MortgageOppty 11.18
RealRtnI
11.05
RERRStg
8.51
ShortT
9.87
ShtAssetInv
10.08
StcksPLUSIntlHdg r 8.61
StcksPLUSIntUnh 7.05
StkPlsLgDur
8.44
StcksPLUSShort 8.74
StPlTRInst r
12.08
TotRetIV
10.50
TotRt
10.29
TRII
9.74
TotRetESG
9.18
PIMCO Funds:
TotRet
10.29
PIMCO Funds A:
AllAsset
12.19
AllAssetAuth
9.04
HiYld
8.96
IncomeFd
12.43
InvstGrCorBd 10.62
LowDurA
9.88
RealRtnA
11.05
ShtTmA
9.87
TotRetA
10.29
PIMCO Funds C:
AllAssetAuth
9.03
IncomeFd
12.43
InvstGrCorBd 10.62
TotRetIncC
10.29
PIMCO Funds D:
FrgnBd n
10.71
IncomeFd n
12.43
InvstGrCorBd n 10.62
LowDur n
9.88
RealRtn n
11.05
TRtn n
10.29
PIMCO Funds Instl:
ComPLUSStrtgyFd 6.30
HiYldSpec
9.99
IncomeFd
12.43
InflRespMulAsset 8.92
RAEFndmlPLUSIntl 10.22
SeniorFloRate 9.93
UnconstrndBdFd 11.14
PIMCO Funds P:
All Asset
12.20
AssetAllAuthP 9.04
CommdtyRR
6.84
FrgnBdUSH
10.71
IncomeP
12.43
InvstGrCor
10.62
LwDurP
9.88
RealRtnP
11.05
ShtTm
9.87
TotRtP
10.29
Pioneer Funds A:
AMTFreeMuniA p p 14.60
BondA
9.72
CoreEqA
21.55
DiscGrA
19.81
EqIncA
35.59
MdCapVa
26.12
PioFdA
33.45
SelMCGrA
43.37
StratIncA p p 10.79
Pioneer Funds C:
StratIncC
10.56
Pioneer Funds Y:
AMTFreeMuniY 14.57
BondY
9.63
StratIncY p p 10.79
PNC Funds:
IntEqI p
23.89
SmCpI r
25.31
Price Funds:
2050RetFd n
15.70
Balanced n
25.11
BdEnhIdx nr
10.98
BlChip n
97.07
CA Bond n
11.56
CapApp n
29.67
CorpInc n
9.67
DivGro n
42.64
DvsfMCGr n
29.27
DvsfSmGr n
33.63
12.47
EmgMktB n
EmMktS n
43.96
EqInc n
34.68
EqIndex n
69.46
Europe n
20.45
28.60
ExtIndex nr
FinSvcs n
27.89
GlbStk n
37.05
GlbTech n
19.44
GNMA n
9.21
Gr&In n
29.40
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
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
-0.04
-0.06
-0.07
-0.28
-0.15
-0.12
0.11
-0.04
5.8
3.4
19.7
21.5
9.6
7.5
16.6
23.6
4.4
11.4
8.2
29.2
31.5
33.9
20.8
28.6
32.8
10.1
-0.04 3.9
8.0
0.03 6.2 12.5
-0.04 3.7 9.1
-0.04 4.7 11.1
-0.14 29.3 29.3
-0.23 5.4 22.5
-0.08
-0.13
-0.06
-0.54
0.00
-0.09
-0.08
-0.07
-0.23
-0.22
-0.16
0.30
-0.17
-0.10
-0.29
-0.21
-0.51
-0.07
-0.07
-0.04
-0.08
19.5
15.8
3.2
33.7
5.2
13.3
5.4
15.7
19.7
17.6
7.3
38.8
11.7
17.1
21.7
13.2
13.3
29.0
47.0
1.3
17.9
28.7
23.8
7.2
50.5
10.5
30.7
10.8
35.0
33.9
36.4
20.2
31.4
25.5
34.0
11.2
29.1
34.5
45.0
91.0
4.2
34.5
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
Growth n
70.11
HelSci n
73.78
HiYield n
6.75
InstEmMEq
40.14
InstFLRfd r
10.03
InstHiYld
8.99
InstlCapG
39.55
InstLCCoreGr 37.14
InstLCV
23.56
InstSmCap
24.31
IntDis n
71.10
14.46
IntEqIdx nr
IntlValEq n
15.15
IntlBond n
8.91
IntlStk n
19.20
ISX Fd
14.16
Japan n
14.84
Lat Am n
24.32
MCapGro n
91.43
MCapVal n
31.33
MCEqGr
56.17
MD Bond n
10.79
MediaTel n
97.51
N Amer n
52.93
N Asia n
21.26
N Horiz n
54.92
N Inc n
9.47
New Era n
36.26
OverS SF nr
11.32
PSBal n
24.77
PSGrow n
34.77
PSInc n
19.78
R2005 n
14.01
R2010 n
19.06
R2015 n
15.79
23.16
R2020 n
R2025 n
17.86
R2030 n
26.32
R2035 n
19.24
R2040 n
27.65
RealAssets nr 11.55
RealEst n
29.22
Ret2015A p
15.70
Ret2025A p
17.74
Ret2045 n
18.67
Ret2045R
18.30
Ret2055 n
15.73
15.78
RetBal Inc n
SciTec n
50.27
Sht-Bd n
4.71
SmCapStk n
49.84
SmCapVal n
49.47
SpecGr n
25.61
SpecInc n
12.72
SpecIntl n
14.55
SuMuInc n
11.96
SuMuInt n
11.92
TF Incom n
10.18
12.07
TFHY n
TFSI n
5.59
TotIndex n
29.48
VABond n
12.03
Value n
38.66
Price Funds - Adv Cl:
BlChip p
95.61
CapAppA p
29.31
Growth p
68.59
MCapGro p
88.80
R2020A p
22.97
R2030A p
26.06
R2035A
19.12
R2040A p
27.37
Ret2045-A p
18.53
Ret2050-A p
15.55
SciTec p
49.63
SmCapVal p
49.07
TF Incom p
10.19
Price Funds - R Cl:
BlChipR p
92.12
GrowthR p
66.51
R2020R p
22.73
R2030R p
25.81
R2040R p
27.15
Ret2025-R p
17.55
Ret2035-R
18.89
15.39
Ret2050-R
PRIMECAP Odyssey Fds:
AggGrowth nr 41.94
Growth nr
35.87
Stock nr
30.89
Principal Investors:
BdMtgIn
10.97
CapApprA p
63.94
DivIntlInst
13.94
EqIncIA p
31.78
12.56
FlIncA p
HighYldA p
7.50
HiYld IN
9.88
InfPro IN
8.64
LgGrIN
11.11
18.05
LgIndxI
LgIndxJ tn
17.88
LgValIN
13.17
LT2010In
14.02
LT2020 In
14.76
LT2020J tn
14.67
-0.25
-1.35
-0.06
0.27
-0.02
-0.08
-0.17
-0.21
-0.12
-0.38
-0.12
-0.11
-0.16
0.03
-0.10
-0.04
0.11
-0.28
-0.80
0.22
-0.52
0.01
0.46
0.05
0.11
-1.04
-0.05
0.17
-0.08
-0.11
-0.18
-0.08
-0.05
-0.06
-0.06
-0.10
-0.09
-0.13
-0.10
-0.15
0.15
0.85
-0.07
-0.09
-0.10
-0.09
-0.08
-0.05
0.02
0.00
-0.77
-0.78
-0.14
-0.07
-0.06
0.02
0.00
0.01
0.03
-0.01
-0.07
0.02
-0.27
31.7
24.9
6.4
38.8
3.3
6.7
35.3
33.6
12.4
11.1
33.7
23.3
18.3
8.6
25.6
19.8
29.3
25.6
21.3
7.8
22.3
4.3
31.3
32.0
39.9
26.8
3.4
7.7
24.8
15.2
19.3
11.2
8.9
9.9
11.4
13.5
15.2
16.8
18.1
19.1
7.5
4.3
11.1
15.0
19.5
19.0
19.4
8.8
36.0
1.5
10.9
9.6
22.1
5.6
25.5
5.5
4.2
4.7
6.6
2.1
16.3
4.2
14.9
48.2
31.9
15.2
31.8
12.5
16.3
53.9
50.9
27.8
31.3
48.8
20.8
11.9
2.5
24.4
38.0
59.5
9.4
40.7
31.6
43.3
9.8
56.8
46.5
30.4
45.2
6.9
-0.4
22.9
23.2
28.0
18.0
15.0
16.3
18.5
21.2
23.5
25.6
27.1
28.2
7.1
19.4
17.6
22.5
28.7
26.8
28.7
14.3
65.2
3.3
30.4
34.8
32.2
11.2
21.7
10.9
7.9
9.5
14.0
2.9
33.2
9.5
27.6
-0.54
-0.09
-0.24
-0.78
-0.10
-0.12
-0.09
-0.14
-0.09
-0.08
0.02
-0.78
0.01
33.4
13.0
31.4
21.0
13.3
16.6
17.9
18.9
19.2
19.2
35.7
9.3
4.5
49.3
29.5
47.2
39.6
20.3
24.6
26.2
27.3
27.8
27.8
64.1
33.5
8.4
-0.53
-0.24
-0.10
-0.13
-0.15
-0.08
-0.09
-0.08
33.1
31.1
13.0
16.3
18.6
14.7
17.6
18.9
48.1
46.0
19.4
23.7
26.3
21.6
25.2
26.8
0.33 25.3 50.3
-0.03 25.2 45.8
-0.24 19.4 39.5
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
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
LT2030In
15.25
15.19
LT2030J tn
16.22
LT2040I
LT2040J tn
16.08
16.02
LT2050I
12.12
MdGrIII Inst
MdValI In
15.48
26.91
MidCpBldA
PreSecI
10.46
15.17
PtrLGI In
PtrLV In
17.20
24.39
RealEstSecI
SAMBalA p
16.66
16.41
SAMBalC t
SAMGrA p
19.26
21.40
StrGrw A p
Prudential Cl A:
17.16
2020FcA
21.98
BlendA
Growth
37.71
HiYldA
5.52
HlthSci
44.48
38.60
MdCpGrA
NatlMuA
14.90
25.65
SmallCoA p
STCorpBd
11.00
14.59
TRBd p
Utility
14.84
Prudential Cl C:
15.47
EqInc
14.57
TRBd
Prudential Cl Z & I:
24.79
GlbRealEstZ
40.38
Growth
HiYldZ
5.53
48.67
HlthSciZ
MdCpGrZ
41.25
27.53
SmallCoZ
TRBdZ
14.54
Prudential Funds:
21.76
SmCapVal n
Putnam Funds Class A:
CATx p
8.19
34.31
CapSpec
DvrIn p
7.07
15.62
DynAABalA
18.15
DynAAGthA
23.93
EqIn p
GeorgePutBal 19.71
GlbHlthCare p 57.68
15.39
GlblEqty p
GrOpp p
31.41
HiYld A p
5.92
Incm p
6.91
25.69
IntlEq p
Inv p
27.41
92.40
MultiCpGr p
NYTx p
8.56
10.06
StDurInc
TFHY
12.65
TxEx p
8.66
12.87
USGv p
Putnam Funds Class C:
32.69
CapSpec
DivInc t
6.94
Putnam Funds Class Y:
12.44
AR700
34.69
CapSpec
EqInc
23.94
38.63
EqSpec
Incm
7.02
10.07
StDurInc
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
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
-0.17
-0.01
-0.05
-0.68
-0.05
0.02
-0.39
-0.02
NA
0.15
23.1
17.2
34.2
6.6
23.9
16.9
4.3
13.3
2.0
NA
16.4
31.1
24.5
46.1
16.9
19.1
20.0
8.7
24.8
5.3
NA
15.6
-0.11 11.5 10.9
NA NA NA
0.38
-0.01
-0.05
-0.75
-0.06
-0.41
NA
9.9
34.5
6.8
24.3
17.2
13.6
NA
12.2
47.4
17.9
20.1
21.1
25.9
NA
-0.31 0.7 27.0
0.01
0.42
-0.01
-0.08
-0.08
-0.17
-0.05
-0.53
-0.04
-0.10
-0.04
-0.03
-0.23
-0.07
-0.35
0.00
0.00
0.04
0.01
-0.04
5.7
4.6
5.7
11.9
15.8
13.7
13.0
14.9
24.7
28.9
5.7
4.8
23.7
17.4
27.0
4.7
1.2
7.6
5.3
1.1
10.3
1.4
6.4
21.1
25.5
26.6
22.0
11.0
23.1
40.4
13.0
4.8
18.4
29.8
38.0
9.3
2.5
14.9
9.7
1.3
0.40 4.0 -0.8
-0.01 5.1 4.0
-0.05
0.43
-0.16
1.20
-0.03
0.00
8.9
4.9
13.9
6.9
5.0
1.3
12.3
2.2
27.6
-1.1
5.6
2.7
RS
RBB Fund:
BPL SEqInst
21.66
RBC Funds:
AccCpCommInvI 8.97
RiverNorth Funds:
RNDLIncomeI 10.51
Royce Funds:
15.00
Oppty I nr
PAMut I nr
12.42
18.54
PremierI nr
22.47
SpecEqI nr
TotRet I nr
14.82
RS Funds:
52.02
CoreEqVIP
12.31
InvQBdVIP
Russell Funds S:
20.96
EmerMkts n
11.89
GblEq n
IntlDvMkt n
41.19
21.32
InvGrdBd n
35.38
RESec n
StratBd n
10.87
23.12
TaxExBd n
TxMngUSLgCp n 39.78
USSmCpEq n 34.10
Russell LifePoints A:
11.85
BalStrat p
13.14
GwthStrat p
Russell LifePoints C:
11.59
BalStrat p
Rydex Investor Class:
-0.02 -0.9 18.5
-0.03 1.6
5.3
NA
NA
NA
-0.05
-0.12
-0.13
-0.23
-0.18
16.7
12.7
19.5
2.0
9.1
34.7
26.0
30.3
19.8
27.3
-0.05 13.1 22.9
-0.06 3.6 8.3
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
November 13, 2017
BARRON’S
M31
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.
NasdaqInv n
35.55
Schroder Funds:
NAmerEqInv n 17.10
Schwab Funds:
62.81
1000 Inv nr
24.34
CoreEq n
17.15
DivEqSel n
FunIntlLgInst nr 9.54
FunUSLgInst nr 16.96
25.33
HlthCare n
11.10
InflProSel n
20.91
IntI Sel nr
IntlMstr S r nr 26.81
18.71
MT AllEq n
23.42
MT Gro n
40.37
S&P Sel n
SmCp Sel nr
30.88
SmCpEqSel nr 22.97
14.72
Trgt2020 nr
16.09
Trgt2030 nr
17.13
Trgt2040 nr
46.31
TSM Sel nr
11.74
TxFrBd n
USSmCoIdx nr 15.23
Scout Funds:
CorePlBdInst n 31.72
25.08
Intl n
MidCap nr
19.92
UnconstrndBdFd n 11.84
SEI Portfolios:
11.27
CoreFxIn F
10.24
EMktDbt F
HiYld F
7.25
12.75
IntlEmg F
IntlEq F
11.47
11.71
IntMuni F
36.05
LgCapGr F
24.94
LgCVal F
18.50
MgdVol F
ShtGov F
10.35
24.71
TaxMgdLC F
TaxMgdSmMdCp F 22.44
Selected Funds:
40.43
AmShD n
40.33
AmShS pn
Sentinel Group:
SmCoA p
5.35
Sequoia:
186.90
SequoiaFd n
Sit Funds:
17.79
DivGwth n
10.88
US Gov n
SoundShoreInv n:
SoundShoreInv n 49.88
Spirit of America:
Energy Fund
4.14
SSgA Funds:
37.52
SP500 n
State Farm Associate:
67.95
Balan n
78.74
Gwth n
Muni n
8.69
State Farm Retail:
500IdxPremier 19.65
LP2020Premier 15.02
LP2030Premier p 16.47
LPRetrPremier p 13.34
State Street Institu:
13.70
IntlEq (ICL)
SmCapEq (ICL) 20.35
10.22
StrInv (ICL)
State Street V.I.S.:
20.42
TR V.I.S. Cl 1
20.32
TR V.I.S. Cl 3
SteelPath MLP Fds:
AlphaY
8.23
0.09 29.5 51.0
NA
NA
NA
-0.11
-0.04
-0.06
-0.05
0.00
-0.21
-0.01
-0.15
-0.25
-0.09
-0.09
-0.06
-0.41
-0.40
NA
NA
NA
-0.12
0.00
-0.05
17.1
19.1
10.7
20.8
11.4
17.1
2.0
22.1
29.3
15.5
12.5
17.3
9.9
5.0
NA
NA
NA
16.5
4.3
7.6
33.3
30.7
19.9
20.0
27.5
21.6
3.9
19.3
29.5
28.0
23.6
34.6
30.5
27.6
NA
NA
NA
33.5
7.4
28.6
-0.05
-0.19
0.05
-0.01
3.0
21.5
20.1
2.1
6.9
23.3
46.1
6.2
-0.05
-0.01
-0.06
0.01
-0.08
0.00
-0.20
-0.09
0.03
-0.01
-0.10
-0.14
3.6
11.0
6.5
33.6
23.2
4.5
24.7
10.7
10.2
0.5
16.0
11.5
8.2
5.5
16.0
22.3
22.9
7.8
31.1
20.7
27.3
1.9
25.3
23.7
-0.58 16.7 37.4
-0.58 16.4 36.0
-0.05 10.3 33.2
-1.40 16.2
4.9
-0.10 15.3 29.7
-0.03 1.1 3.6
-0.38 13.6 26.9
0.00 -6.7 -32.9
-0.06 17.2 34.4
0.03 8.4 18.0
0.14 12.0 25.0
0.00 3.8 8.0
-0.03
-0.05
-0.03
-0.05
17.0
9.5
13.0
8.2
32.5
13.8
18.2
12.1
-0.04 20.0 15.6
-0.40 7.8 29.5
-2.97 12.7 17.7
-0.06 12.9 18.8
-0.06 12.7 18.0
-0.03 -8.3 -23.5
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
IncomeY
6.80
Sel40Y
8.61
SP AlphaA
8.02
SP IncomeA
6.63
Sterling Capital Fds:
MidCpValTr
18.89
SmCap n
91.32
TotRetBdI
10.57
0.04
0.00
-0.03
0.04
-6.3
-5.4
-8.6
-6.5
-20.7
-18.2
-24.1
-21.3
0.08 7.6 25.8
-1.06 9.6 32.2
-0.05 3.7 8.9
T
TCW Funds:
CoreFxInc n
10.97
EmMktInc n
8.44
SelEqtyI n
30.84
TotRetBondI n 9.97
TCW Funds N:
TotRetBdN pn 10.28
Templeton Class A:
TGlTotRA
12.22
Templeton Instit:
IntlEqSer Primar 22.34
Third Avenue:
REVal Inst nr
35.23
55.74
ValueInst n
Thompson IM Fds,Inc:
Bond n
11.46
Thornburg Fds:
IncBuildA t
21.57
IncBuildC p
21.55
IntVal I
28.93
28.16
IntValA p
LtdTIn
13.41
LtdTIncI
13.42
LtdTMuA
14.39
LtdTMu I
14.40
Thornburg Fds Cl C:
LtdTIncC t
13.39
LtdTMuC t
14.42
Thrivent Funds A:
DivrIncPlus
7.36
LgCpStk
29.14
MidCapStk
26.02
MuniBd
11.41
Thrivent Funds S:
LgCpVal
22.74
TIAA-CREF/Retail Cl:
EqIdx n
19.65
Gro&Inc n
18.99
HighYld n
9.82
LrgCpGro n
20.19
MgdAlloc n
12.99
TIAA/CREF Funds:
BdIdxInst
10.80
BdPlsInst
10.44
10.38
BondInst
EnItlEqIdxInst 8.31
EnLCGrIdxInst 13.95
EnLCVal IdxInst 10.56
EqIdxInst
19.34
Gr&IncInst
14.38
Gr&IncRet
14.61
HgYldInst
9.78
InflLkdBdInst 11.53
20.22
IntlEqIdxInst
IntlEqIdxRet
20.63
IntlEqInst
13.16
IntlEqRet
13.60
LC2015Ret
12.68
LC2020Ret
13.35
13.73
LC2025Ret
LC2030Ret
14.08
LC2035Ret
14.56
LC2040Inst
11.35
LC2040Ret
15.04
-0.04
-0.09
0.15
-0.03
2.7 5.9
8.8 15.7
30.1 36.0
3.1 6.5
-0.03 2.9
NA
NA
5.6
NA
-0.23 20.2 16.9
0.55 17.9 21.3
-0.52 10.7 14.2
0.00
0.00
0.00
0.06
0.05
-0.03
-0.02
-0.02
-0.01
4.6 10.5
12.0
11.3
23.5
23.1
2.1
2.5
2.6
3.0
14.8
12.4
25.2
23.8
5.6
6.9
3.6
4.6
-0.03 2.0
-0.02 2.4
5.0
2.9
-0.01
-0.19
-0.07
0.00
7.7 14.2
17.9 25.8
11.8 45.6
4.2 8.4
-0.23 11.2 27.5
-0.05
-0.05
-0.08
-0.02
-0.07
16.3
19.6
4.4
31.4
14.0
32.7
35.1
13.9
43.2
22.4
-0.06
-0.05
-0.05
-0.08
-0.01
-0.05
-0.05
-0.03
-0.04
-0.07
-0.01
-0.15
-0.15
-0.18
-0.19
-0.06
-0.06
-0.07
-0.07
-0.08
-0.07
-0.08
2.8
4.2
3.9
23.1
25.1
8.8
16.6
19.9
19.7
4.7
1.4
22.2
21.9
28.5
28.2
11.5
12.8
14.3
15.9
17.3
19.1
18.8
6.8
10.1
9.8
20.1
46.5
23.2
33.9
36.3
35.3
14.9
2.4
20.0
19.1
27.3
26.4
18.8
20.6
22.6
24.5
26.2
28.8
27.9
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
LC2045Ret
12.61 -0.07
LCIdx2020Inst 16.59 -0.06
LCIdx2025Inst 17.39 -0.07
LCIdx2035Inst 19.04 -0.07
LCIdx2045Inst 19.67 -0.07
LCIdx2040Inst 19.59 -0.07
LrgCpGrIdxInst 28.49 0.03
LrgCpGrIdxRet 28.65 0.03
LrgCpGrInst
20.27 -0.02
LrgCpVl IdxInst 19.57 -0.09
LrgCpVl IdxRet 19.85 -0.09
LrgCpVl Inst
19.48 -0.15
LrgCpVlRet
19.38 -0.15
MdCpGrInst
23.86 -0.08
MdCpVl Inst
24.73 -0.10
MdCpVlRet
24.55 -0.10
RealSecInst
16.69 0.39
S&P500IdxInst 29.14 -0.04
S&P500IdxRet 28.93 -0.04
ShTrmBdInst 10.33 -0.01
SmCpBl IdxInst 21.62 -0.28
SmCpBl IdxRet 21.67 -0.29
SmCpEqInst
20.23 -0.31
SmCpEqRet
19.74 -0.30
SocChEqInst 19.14 -0.12
Tocqueville Funds:
Gold tn
35.82 0.17
IntlVal pn
17.36 -0.22
Tortoise Capital:
TorMLPPipInsCl 13.17 0.08
Touchstone Family Fd:
FlexIncY
11.00 -0.04
FocEqY
45.02 -0.25
LagCapFoc A p 47.29 -0.26
SandsCapGrI 24.41 -0.19
SandsCapGrY 17.76 -0.13
SelGrwth
17.03 -0.13
Transamerica A:
AsAlCnsrv p
11.56 -0.05
AsAIGrow p
16.32 -0.07
AsAlMod p
12.77 -0.05
AsAlModGr p 14.36 -0.05
Balanced
27.93 -0.07
Transamerica C:
AsAlGrow t
15.79 -0.08
AsAlMod t
12.67 -0.05
AsAlModGr t
14.25 -0.06
Trust for Professional Ma:
PMCDiversfdEqty n 27.90 -0.13
PerfTrstStratBdF n 22.70 -0.01
SmeadValueInstl 45.34 0.03
Tweedy Browne Fds:
GblValue n
28.33 -0.26
23.46 -0.23
Value n
19.5
11.3
12.7
15.5
17.4
16.8
26.1
25.9
31.7
8.6
8.4
7.8
7.5
21.4
7.6
7.3
12.9
17.3
17.0
1.7
10.0
9.8
9.5
9.3
16.0
28.9
19.0
21.0
24.9
27.7
26.7
44.4
43.3
44.6
24.1
23.2
23.8
22.9
25.7
22.2
21.3
27.2
34.7
33.7
4.6
31.3
30.3
34.3
33.2
29.9
6.1 16.8
21.4 34.0
-5.0 -17.3
6.2
10.6
18.0
33.4
33.2
32.9
13.6
29.1
33.2
21.1
20.8
19.9
8.2
16.3
10.3
13.0
11.0
13.8
26.6
16.7
20.9
20.5
15.6 23.8
9.5 14.2
12.2 19.1
16.9 20.3
6.4 16.3
16.4 26.9
13.1 17.8
12.7 16.1
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
Grwth n
HiIncm n
Inco n
IncStk n
Intl n
19.44 -0.10 18.4 31.1
69.21 -0.63 7.2 35.0
67.45 -0.62 6.8 33.3
46.76
11.07
12.31
15.52
27.30
19.56
25.22
30.45
8.17
13.17
20.50
33.46
-0.15
0.01
-0.10
-0.07
-0.11
-0.18
-0.09
0.07
-0.05
-0.06
-0.09
-0.19
27.2
4.8
19.2
11.0
12.2
12.8
15.5
25.0
5.9
4.9
12.5
24.9
37.4
10.0
35.1
11.7
12.4
27.4
29.9
44.4
12.1
10.3
25.6
25.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
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
13.38
10.67
13.44
17.98
12.59
36.76
36.77
28.89
10.50
9.18
18.81
13.59
14.62
14.77
14.82
11.34
22.35
32.37
0.02
-0.05
0.02
0.05
0.01
-0.05
-0.05
0.15
0.00
-0.01
-0.22
-0.05
-0.05
-0.05
-0.06
0.02
-0.24
-0.23
5.5
5.5
5.2
30.4
3.9
17.1
17.2
37.2
2.0
2.2
6.2
10.7
13.4
15.2
16.0
4.0
10.5
18.9
8.6
10.0
10.5
54.1
18.0
33.9
34.4
60.2
2.4
5.3
22.1
15.9
19.6
22.0
23.1
8.8
23.3
27.3
V
VALIC:
CoreBd
11.11
CoreVal
12.91
10.77
FrgnVal
GlobEq
9.27
HighYdBd
7.79
HlthSci
21.27
InflPro
11.19
IntlEq
7.48
IntlSmCpEq
20.22
28.18
MidCpIdx
MidCpVal
22.18
SciTech
29.90
SmCpIdx
21.87
SmCpVal
15.17
SocResp
21.19
StckIdx
39.32
StraBd
11.38
ValUltra
16.50
Van Eck Funds:
EmgMktsY
18.23
VANGUARD ADMIRAL:
400MCpIdxInst 245.31
500Adml n
238.86
BalAdml n
34.02
CAITAdml n
11.82
CALTAdml n
12.22
CapOpAdml nr 154.37
CoStIxAd nr
68.50
DivAppIdxAdm n 26.34
EMAdmr n
37.15
EnergyAd nr
47.66
EnergyAdml nr 101.30
EqIncAdml n
76.15
EuropeAdml n 72.12
ExplrAdml n
94.15
ExtndAdml n
81.64
GNMAAdml n 10.49
GroIncAdml n 78.04
GrwthAdml n 70.86
HltClxAd nr
75.56
HlthCareAdml nr 88.17
HYCorAdml nr 5.91
25.76
InfProAd
InfTechIdx n
84.38
IntlGrAdml n
94.14
ITBondAdml n 11.38
ITCorpIx
23.51
ITGovIX
21.70
ITIGradeAdml n 9.78
ITsryAdml n
11.12
LarCapAd
59.84
LTGradeAdml n 10.51
LTsryAdml n
12.15
-0.06
-0.03
-0.15
0.02
-0.07
-0.39
0.00
-0.04
-0.08
-0.15
-0.16
0.20
-0.29
-0.23
-0.06
-0.05
-0.08
0.02
3.8
12.1
13.5
38.6
6.5
24.7
3.9
21.4
33.7
11.0
9.8
41.7
9.7
1.3
16.2
17.0
5.8
27.2
7.8
30.8
11.6
26.3
14.1
31.0
3.8
18.7
43.9
32.4
24.5
65.9
29.9
25.8
32.2
33.6
11.2
39.5
NA
NA
NA
-1.30
-0.34
-0.12
0.00
0.02
-1.13
1.23
-0.04
0.05
0.75
1.43
-0.38
-1.06
-0.74
-0.65
-0.04
-0.11
0.27
-0.55
-0.81
-0.06
-0.05
0.10
-1.01
-0.07
-0.17
-0.06
-0.05
-0.04
-0.09
-0.17
-0.15
11.3
17.3
11.0
4.9
6.4
24.2
5.7
15.8
27.2
-6.5
0.7
13.6
23.1
17.1
13.2
1.9
16.4
24.8
20.5
16.3
6.2
2.0
36.8
39.8
3.5
4.8
1.8
3.9
1.8
17.5
8.3
6.0
33.2
34.8
22.8
9.2
12.6
43.8
21.7
29.5
15.5
-15.6
-6.7
32.5
17.9
28.2
29.3
6.2
35.2
38.6
27.5
22.3
15.6
4.2
67.6
37.8
8.6
12.1
5.2
10.4
5.4
34.3
18.6
12.2
Data provided by
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
MidCpAdml n
MorgAdml n
MuHYAdml n
MuIntAdml n
MuLTAdml n
MuLtdAdml n
MuShtAdml n
NJLTAdml n
NYLTAdml n
PacifAdml n
PALTAdml n
PrmcpAdml nr
REITAdml nr
S&PSC600Idx
SmCapAdml n
SmGthAdml n
STBondAdml n
STCorpIx
STFedAdml n
STIPSIxAdm n
STIGradeAdml n
STsryAdml n
TotBdAdml n
TotIntBdIdxAdm n
TotIntlAdmIdx nr
TotStAdml n
TxMBal nr
TxMCapAdml n
TxMIn nr
TxMSC nr
USGroAdml n
UtilIxAd nr
ValAdml n
WdsrllAdml n
WellsIAdml n
WelltnAdml n
WndsrAdml n
VANGUARD FDS:
AWxUSSCInv nr
CAIT n
CapOp nr
CapValue n
Convrt n
DevMktsIndInv n
DivAppIn n
DivdGro n
DivrEq n
EmgMktSelStk n
Energy nr
EqInc n
Explr n
EXPValFd n
FTAlWldIn nr
FTAlWldInAdml n
GlbEq n
GloMinVolFdAdm n
GNMA n
GroInc n
HiDvdYld n
HlthCare nr
HYCor nr
InflaPro n
IntlExplr n
IntlGr n
IntlVal n
INSTTRF2015
INSTTRF2020
INSTTRF2025
INSTTRF2030
INSTTRF2035
INSTTRF2040
INSTTRF2045
INSTTRF2050
INSTTRF2055
INSTTRF2060
INSTTRFINC
184.44
95.94
11.43
14.18
11.70
10.95
15.77
12.19
11.84
89.05
11.66
135.29
120.31
269.57
68.21
54.69
10.42
21.68
10.65
24.85
10.67
10.60
10.74
21.91
29.92
64.50
30.32
132.73
14.15
58.96
96.89
61.18
39.61
68.83
65.11
73.57
78.90
0.02
-0.11
0.03
0.00
0.02
-0.02
-0.01
0.03
0.01
0.18
0.03
-0.58
2.49
-2.09
-0.51
-0.28
-0.02
-0.05
-0.02
0.00
-0.01
-0.01
-0.05
-0.03
-0.15
-0.17
-0.02
-0.22
-0.09
-0.47
-0.27
0.22
-0.25
-0.33
-0.37
-0.45
-0.29
14.3
27.1
7.3
4.6
6.0
2.4
1.3
7.7
5.5
25.6
6.1
24.3
5.8
7.9
11.4
17.5
1.3
2.4
0.9
0.9
2.2
0.7
3.0
2.0
23.9
16.6
10.5
17.8
22.9
7.7
28.6
16.8
11.4
11.5
7.8
11.2
14.9
28.0
42.2
14.2
8.9
12.5
3.9
2.3
13.0
12.0
30.4
12.6
43.0
21.2
36.8
29.1
28.5
3.8
6.4
3.1
1.9
6.3
2.4
7.1
9.8
20.8
33.7
21.0
35.7
22.6
36.2
40.9
33.4
30.7
23.8
19.2
24.9
27.1
44.19
11.82
66.84
13.10
13.69
10.96
38.84
26.38
35.62
22.65
53.97
36.33
101.19
36.50
21.15
33.32
30.87
27.14
10.49
47.79
32.68
208.99
5.91
13.12
21.58
29.60
39.36
22.08
22.50
22.76
22.95
23.15
23.35
23.49
23.50
23.53
23.51
21.42
-0.33
0.00
-0.49
0.05
-0.03
-0.07
-0.05
0.11
-0.11
0.01
0.76
-0.18
-0.81
-0.43
-0.10
-0.17
-0.21
-0.08
-0.04
-0.07
-0.13
-1.93
-0.06
-0.03
-0.32
-0.31
-0.03
-0.07
-0.07
-0.09
-0.09
-0.09
-0.08
-0.09
-0.09
-0.09
-0.09
-0.07
24.7
4.8
24.2
9.1
8.5
22.9
15.7
14.3
18.4
29.2
0.6
13.5
17.0
8.7
23.7
23.8
24.4
13.7
1.8
16.3
11.4
16.3
6.1
1.9
32.1
39.7
24.0
9.6
11.7
13.2
14.5
15.7
17.1
17.6
17.6
17.7
17.6
7.1
27.1
8.9
43.5
8.8
13.9
22.3
29.2
27.8
31.1
20.3
-6.9
32.1
27.7
29.6
19.8
20.2
32.0
32.9
5.9
34.7
31.0
22.1
15.3
3.9
40.3
37.3
16.2
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
NS
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
ITIGrade n
9.78
11.12
ITTsry n
LifeCon n
19.84
33.10
LifeGro n
15.54
LifeInc n
LifeMod n
26.89
10.51
LTIGrade n
12.15
LTTsry n
10.84
MATxEx n
MgdPayFdInv n 18.87
MidCpGro pn 26.43
MktNeuInv nr 11.83
30.95
Morg n
11.43
MuHY n
MuInt n
14.18
11.70
MuLong n
10.95
MuLtd n
15.77
MuSht n
12.67
OHLTte n
PrecMtlsMing nr 10.16
130.54
Primcp nr
26.75
PrmcpCor n
33.10
SelValu nr
STAR n
27.11
10.65
STFed n
10.67
STIGrade n
24.82
STIPSixInv n
35.28
StratgcEq n
StrSmCpEqInv n 36.44
10.60
STTsry n
15.90
TgtRe2015 n
31.56
TgtRe2020 n
18.50
TgtRe2025 n
33.42
TgtRe2030 n
20.53
TgtRe2035 n
TgtRe2040 n
35.36
22.21
TgtRe2045 n
35.73
TgtRe2050 n
TgtRet2055 n 38.69
34.14
TgtRe2060 n
13.56
TgtRetInc n
TotIntBdIxInv n 10.96
37.41
USGro n
19.77
USValue n
WellsI n
26.87
42.60
Welltn n
23.39
Wndsr n
38.78
WndsrII n
VANGUARD INDEX FDS:
238.83
500 n
34.02
Balanced n
28.29
EmerMkt nr
30.97
Europe n
Extnd n
81.67
201.46
ExtndIstPl
111.86
FTAIWdInPl
16.94
FTSESoc n
70.86
Growth n
11.38
IdxITB n
29.05
ITCorpIxInst
14.08
LTBond n
MdCpGrAdml n 53.61
MdCpVlAdml n 54.97
41.77
MdCpVlIn n
40.65
MidCp n
28.20
REIT nr
RUSS2000IdxInst 225.11
68.18
SmCap n
43.74
SmGth n
30.55
SmVal n
SmValAdml n 54.76
10.42
STBond n
10.74
TotBd n
10.70
TotBd2 n
17.88
TotIntl n
64.47
TotSt n
-0.05
-0.04
-0.07
-0.12
-0.06
-0.10
-0.17
-0.15
0.02
-0.05
-0.20
-0.02
-0.04
0.03
0.00
0.02
-0.02
-0.01
0.02
0.09
-0.56
-0.18
-0.08
-0.14
-0.02
-0.01
0.00
-0.22
-0.50
-0.01
-0.05
-0.11
-0.07
-0.13
-0.08
-0.13
-0.09
-0.14
-0.14
-0.13
-0.04
-0.02
-0.11
-0.10
-0.16
-0.26
-0.08
-0.19
3.9
1.8
9.1
15.8
5.8
12.4
8.2
5.9
5.5
11.1
18.0
-4.5
27.0
7.2
4.5
5.9
2.3
1.2
5.7
8.1
24.2
20.6
15.0
15.3
0.8
2.1
0.8
9.0
5.6
0.6
9.6
11.7
13.1
14.5
15.7
17.0
17.6
17.6
17.6
17.6
7.1
2.0
28.4
7.9
7.7
11.1
14.8
11.4
10.0
5.1
16.2
24.5
11.9
20.4
18.2
11.9
10.8
18.2
21.5
3.7
41.7
13.9
8.5
12.2
3.6
2.0
12.6
20.2
42.7
39.2
29.9
23.2
2.8
6.0
1.6
29.3
25.7
2.1
16.3
19.3
21.1
22.7
24.2
25.6
26.3
26.3
26.2
26.1
13.0
9.7
40.3
25.7
18.9
24.6
26.8
23.4
-0.34
-0.12
0.04
-0.45
-0.66
-1.62
-0.56
-0.05
0.27
-0.07
-0.22
-0.20
0.03
-0.02
-0.02
0.00
0.59
-2.95
-0.52
-0.23
-0.30
-0.53
-0.02
-0.05
-0.05
-0.10
-0.17
17.2
10.9
27.1
23.0
13.1
13.2
23.8
19.8
24.6
3.5
4.8
7.6
18.6
10.8
10.6
14.2
5.7
10.0
11.3
17.4
6.5
6.7
1.2
3.0
3.0
23.7
16.5
34.4
22.4
14.9
17.4
28.8
29.4
20.4
36.8
38.1
8.4
12.2
14.8
27.5
28.3
27.8
27.6
20.8
30.8
28.6
28.0
28.8
29.3
3.6
6.8
6.7
20.5
33.3
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
TtlWldIxInv nr 29.41
Value n
39.61
VANGUARD INSTL FDS:
BalInst
34.03
DevMktsIndInst 14.17
DevMktsInxInst 22.15
EmgMktInstPl 93.98
EmMkInst r
28.25
EuroInst
30.76
ExDurTrsInst 35.11
81.63
ExtndInst
FTAlWldIst r
105.63
FTScinst
16.95
GrwthInst
70.86
10.49
InPrSeIn
InstIdx
235.66
InstPlus
235.68
InstTStIdx
57.85
InstTStPlus
57.86
11.38
ITBdInst
ITBdInstPI
11.38
LaCapInst
246.28
LTBdInst
14.08
LTBdInstPl
14.08
40.74
MidCpInst
MidCpIstPl
200.94
REITInstl r
18.62
Rs1000GrwIdxInst 257.96
Rs1000Vl IdxInst 203.70
Russ1000IdxInst 229.43
Russ3000Idx 229.13
SmCapInst
68.21
SmCapIstPl
196.87
43.80
SmGthInst
SmValInst
30.61
STBdIdxInstPl 10.42
STBDInst
10.42
STCorpIxInst p 26.54
STIGradeInst 10.67
STIPSIxins
24.86
TotBdInst
10.74
TotBdInst2
10.70
10.74
TotBdInstPl
TotIntBdIdxInst 32.88
TotIntlInstIdx r 119.64
TotItlInstPlId r 119.66
64.51
TotStInst
TtlWrldIxInst p 147.38
TxMCaInst r
65.96
ValueInst
39.61
Victory Funds:
EstValA
39.94
EstValI
39.96
EstValR p
39.47
SmCap Grwth p 79.91
SmCoOppA
47.32
47.84
SmCoOppI
VirtusFunds:
CeredexLgCpVlEqI 17.09
CeredexMdCpVlEqI 13.36
CeredexSmCpVal I 12.18
GvSecUltShtBdI 10.02
TotRetBd I
10.42
VirtusFunds Cl A:
EmMktA
11.29
MulSStA p
4.75
VirtusFunds Cl C:
MulSStC p
4.82
VirtusFunds Cl I:
EmMktI
11.68
34.53
ForOppI
MulSStI
4.76
SmCapSusI
25.94
Voya Fds:
InmdBdI
10.09
20.23
RealEstI
-0.11 20.0 26.9
-0.26 11.2 30.2
-0.12
-0.09
-0.15
0.13
0.04
-0.45
-0.64
-0.66
-0.53
-0.06
0.27
-0.02
-0.34
-0.34
-0.16
-0.15
-0.07
-0.07
-0.38
-0.20
-0.20
0.00
0.02
0.38
0.28
-0.91
-0.38
-0.59
-0.51
-1.49
-0.22
-0.30
-0.02
-0.02
-0.06
-0.01
0.00
-0.05
-0.05
-0.05
-0.05
-0.63
-0.63
-0.17
-0.54
-0.11
-0.25
11.0
23.0
23.0
27.3
27.3
23.2
8.8
13.2
23.8
19.8
24.8
2.0
17.3
17.3
16.6
16.5
3.6
3.6
17.5
7.7
7.7
14.4
14.4
5.8
26.1
8.6
17.1
16.5
11.4
11.4
17.5
6.7
1.3
1.3
2.4
2.2
0.9
3.1
3.0
3.1
2.0
23.9
23.9
16.6
20.1
17.8
11.4
22.9
22.6
22.7
15.7
15.6
18.0
16.6
29.4
20.3
37.2
38.6
4.3
34.9
34.9
33.9
33.9
8.7
8.8
34.3
15.2
15.2
28.1
28.1
21.3
44.3
23.9
33.7
33.5
29.1
29.2
28.5
29.3
3.9
3.9
6.5
6.4
1.9
7.1
7.0
7.1
10.0
20.9
20.9
33.8
27.3
35.8
30.8
-0.13
-0.13
-0.12
-0.77
-0.81
-0.82
10.9
11.2
10.7
31.5
7.3
7.6
37.7
39.0
36.9
39.3
38.8
40.2
-0.10
0.06
0.02
0.00
-0.04
11.6 24.5
6.4 21.4
2.3 25.6
1.1 1.8
2.4 6.6
0.02 29.2 14.1
-0.02 3.3 7.4
-0.01 3.0
0.02
-0.21
-0.01
-0.42
6.7
29.5 15.1
28.5 24.8
3.5 8.4
28.1 67.7
-0.05 4.1 9.9
0.45 5.8 17.7
Net YTD 3-Yr.
NAV Chg. % Ret. % Ret.
TRPGrEqI
91.83 -0.31 31.6 48.3
WXYZ
Waddell&Reed Advsrs:
10.27
AccmA
WilshireGlAll A p 9.01
WilshireGlAl Y r 9.13
Con IncA
9.90
Hi IncA
6.68
HilncY p
6.68
MunHiA
4.74
11.40
NCcptA p
18.45
Sc TechA
ScTechY r
20.83
17.93
SmCapA p
11.55
VangA
Wasatch:
68.57
CoreGr n
IntlGr n
33.51
SmCapGr n
45.81
WCM Focus Funds:
WCMFocIntlGrwIns 15.48
Weitz Funds:
14.36
PIIIOpp n
ShtDurIncInst n 12.27
42.68
ValueInv n
Wells Fargo Adv Admi:
47.88
Growth
MdCpValAdm 37.83
Wells Fargo Adv Cl A:
14.55
AstAllA p p
CmStkA p p
24.34
IdxAstAllA
32.46
OmegaGwth
53.15
46.78
OpptyA
PremLgCoGrthA 16.51
SpSmCpValA p p 35.17
UlStMuIncA
9.58
Wells Fargo Adv Cl C:
AstAllC p/r t
14.01
Wells Fargo Adv Inst:
12.85
CoreBd
Growth
50.79
MdCpVal
38.20
ShDurGovBdI
9.82
UlStInc
8.47
UlStMuInc
9.58
Westcore:
10.69
PlusBd n
Western Asset:
12.65
CoreBondI
12.67
CoreBondIS
CorePlusBdA 11.86
11.87
CorePlusBdI
CorePlusBdIS 11.87
IntermTermMuniA 6.44
IntermTermMuniC 6.45
IntermTermMuniI 6.44
ManagedMuniA 16.36
ManagedMuniC 16.37
ManagedMuniI 16.38
ShortDurMuniC 5.09
TotalRetUnconI 10.81
Westwood:
15.73
IncomeOppI
Wm Blair Funds Cl I:
30.98
IntlGthI r
21.69
SmCapValI
SmMidI r
25.12
Wm Blair Funds Cl N:
30.19
IntlGthN n
Wm Blair Funds Inst:
EmgMktGth
16.17
18.46
IntlGth
-0.04
-0.02
-0.03
-0.05
-0.07
-0.07
0.01
-0.03
0.11
0.13
-0.18
-0.02
10.9
13.6
13.8
8.6
5.8
6.0
3.7
21.3
35.3
35.5
17.0
26.6
20.8
-0.1
0.7
11.6
11.7
12.5
9.5
22.7
34.0
35.0
33.3
37.6
-0.92 17.4 36.1
-0.22 26.0 29.8
-0.89 15.2 23.2
0.05 28.5 35.6
-0.15 3.7 3.4
-0.01 1.5 4.9
0.17 12.1 12.7
-0.31 31.3 34.7
-0.06 5.8 24.9
NA
-0.23
-0.06
-0.04
-0.16
-0.06
-0.12
-0.01
NA
-0.06
-0.33
-0.05
-0.01
-0.01
-0.01
NA
12.0
9.8
30.1
14.9
30.2
6.3
0.9
NA
27.0
22.5
32.5
27.6
29.5
33.9
0.8
NA
NA
3.0 7.3
31.5 35.5
6.1 25.9
1.0 2.7
1.3 3.6
1.1 1.7
-0.05 3.9
8.4
NA
NA
NA
NA
NA
0.00
0.00
0.00
0.02
0.02
0.01
0.00
NA
NA
NA
NA
NA
NA
6.8
5.0
7.5
8.8
7.0
9.1
0.9
NA
NA
NA
NA
NA
NA
4.1
3.6
4.2
4.9
4.4
4.9
1.3
NA
-0.05 8.1 12.6
0.04 26.9 22.2
-0.24 4.9 27.2
0.00 25.5 44.1
0.03 26.5 21.0
0.07 44.6 21.8
0.02 26.9 22.5
Short Interest
NYSE Short Interest Falls 1.5%
S
HORT INTEREST ON THE NEW YORK
Stock Exchange dropped 1.5%, to
15,859,285,630 shares, as of Oct.
31, from a revised 16,094,092,527
on Oct. 13. The short-interest ratio increased to 4.9 days, versus 5.6 days on
Oct. 13.
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 2.1%, to 527,262,489
shares, as of Oct. 31, from a revised
516,461,264, as of Oct. 13.
The short-interest ratio decreased to
4.20 days, versus 5.01 in the previous period.
For more short interest data, please visit
barrons.com/mktlab.
—MICHAEL
T. KOKOSZKA
Nasdaq Short Interest Down 2.2%
A
S OF OCT. 31, OVERALL NASDAQ
short interest fell 2.2%, to
8,117,067,960 shares, compared
with 8,297,704,580 on Oct. 13. The
short-interest ratio was 4.58 days, versus 4.26
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 fell 2.6%, to 7,295,449,278 shares in
2,348 securities. That compares with
7,493,142,283 in 2,337 securities on Oct. 13.
The short-interest ratio was 4.97 days, versus
4.55 days for the previous reporting period.
Short interest on the Nasdaq Capital Markets rose 2.1%, to 821,568,682 shares in 863 securities, versus 804,562,297 in 852 on Oct. 13.
The Oct. 31 short-interest ratio was 2.70
days, compared with 2.68 days in the previous
—MICHAEL T. KOKOSZKA
reporting period.
M32
BARRON’S
November 13, 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, November 10, 2017
General Equity Funds
Adams Diversified Equity (ADX) ......
AdvntClymrEnhG&I (LCM) .............
Boulder Growth & Income (BIF) ......
Central Secs (CET)-ac .......................
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)-a ..........
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)-a .....
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)-a ....
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)-a ...
Cushing Energy Income (SRF) ........
CushingMLPTotRet (SRV)-d ............
Cushing Renaissance (SZC) ............
DNP Select Income (DNP) ..............
Duff&Ph Glbl Util Inc Fd (DPG) ........
Duff&Ph Sel Engy MLP Fd (DSE)-a ...
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
18.20
9.40
12.30
32.07
13.72
13.54
13.17
23.03
8.79
2.92
23.87
6.38
39.30
8.84
25.93
6.78
5.51
14.04
10.27
17.41
44.94
8.95
29.16
23.23
14.60
7.23
12.74
16.69
15.50
9.75
14.30
6.99
35.44
10.28
28.11
21.44
15.01
8.94
9.68
13.59
10.61
25.81
10.49
13.87
23.14
13.64
22.46
10.51
12.36
20.19
9.98
17.78
5.65
14.68
15.42
9.99
16.24
14.90
12.08
11.49
9.35
12.23
22.91
16.38
6.58
18.78
14.25
22.18
11.01
5.49
5.41
7.01
Market
Price
Prem
/Disc
15.73
8.54
10.52
26.59
13.13
15.11
14.97
8.08
22.52
NA
2.34
NA
22.32
6.01
NA
8.46
25.53
6.15
5.22
13.37
9.09
15.79
40.26
15.78
7.88
26.06
19.92
13.19
6.29
11.20
15.71
14.08
9.05
13.39
6.57
35.83
8.95
26.26
21.03
13.15
7.91
9.66
13.24
7.85
13.26
10.93
11.71
9.90
23.40
9.70
12.78
21.18
12.63
23.16
8.85
10.81
18.70
11.34
16.05
5.61
14.23
14.90
9.19
16.59
15.10
11.78
11.82
9.32
11.97
22.62
15.41
6.52
18.08
14.28
19.88
9.58
7.05
5.45
6.91
8.60
–
–
–
–
–
+
+
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
+
–
–
–
–
–
–
–
–
–
–
–
–
–
+
–
–
–
+
–
–
–
–
–
+
+
–
+
–
–
–
–
–
–
+
–
–
+
+
–
52 Week
Market
Return
13.6
9.2
14.5
17.1
4.3
11.6
13.7
NA
2.2
NA
NA
NA
6.5
5.8
NA
4.3
1.5
9.3
5.3
4.8
11.5
9.3
10.4
NA
12.0
10.6
30.3
16.7
29.2
31.8
24.3
21.5
23.8
8.1
23.6
NA
27.1
NA
23.7
24.8
NA
25.9
27.9
33.1
37.2
28.7
26.3
34.6
16.1
21.2
23.5
28.4
14.3
9.7
13.0
12.1
5.9
9.2
7.2
6.4
6.0
1.1
12.9
6.6
1.9
12.4
11.5
0.2
2.6
NA
NA
NA
NA
6.7
9.3
7.5
7.9
8.5
7.4
3.1
15.8
12.5
7.4
13.6
9.7
0.7
3.1
3.4
8.0
2.2
1.3
2.5
2.9
0.3
2.1
1.3
5.9
0.9
3.7
0.2
10.4
13.0
28.4
0.7
1.4
NA
9.3
15.9
37.1
3.2
28.8
10.3
23.9
24.7
29.1
9.1
21.2
52.9
25.6
21.2
18.4
2.0
4.9
0.5
3.7
8.3
2.5
28.9
30.8
5.7
18.5
24.9
15.5
44.9
2.8
2.3
25.3
22.7
19.1
12.1
28.6
22.3
15.5
9.97
12.7
26.3
24.3
27.4
12.6
0.3
25.8
3.0
13.0
1.5
33.1
6.0
21.5
13.9
5.1
2.9
–
–
–
–
–
–
–
–
–
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)
Tax Fright: With dueling tax bills from the Senate and the House, the Herzfeld Average and the Dow dipped 0.53% and 0.23%, respectively, for the week ended Thursday, as investors await more details on potential tax reform.
39800
Net Asset Value
42700
40600
36200
38500
*Herzfeld
Closed-End
Average
32600
29000
36400
1Q
2Q
3Q
4Q
34300
% Disc/Prem From Net Asset Value
25400
21800
Dow Industrials
1Q 17
2Q 17
3Q 17
18200
4Q 17
1Q 17
2Q 17
3Q 17
4Q 17
-6
-7
-8
-9
-10
-11
-12
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) ...........................
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)-a ................
CohenStrsLtdDurPref&Inc (LDP) ...
CohenStrsSelPref&Income (PSF) ...
Del Div & Inc (DDF)-a .......................
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
34.95
28.29
13.62
8.23
12.27
9.59
5.87
18.46
8.49
16.15
13.02
11.05
22.96
11.57
19.64
14.33
25.73
19.62
33.30
10.20
10.02
10.05
23.77
11.62
24.04
18.94
19.96
14.41
11.73
12.22
8.14
7.14
6.35
12.63
27.43
27.99
11.79
15.77
Market
Price
Prem
/Disc
52 Week
Market
Return
6.10
34.70
24.85
12.99
7.61
11.98
8.70
5.54
17.59
8.27
15.57
12.53
10.73
23.88
11.16
17.81
15.93
14.06
16.50
NA
17.11
31.10
NA
NA
NA
19.45
10.41
23.08
17.41
19.74
13.64
13.10
26.62
16.92
17.86
20.19
10.43
11.29
7.87
7.44
6.37
13.32
NA – 3.6
– 0.7
15.1
– 12.2
40.1
– 4.6
27.0
– 7.5
7.0
– 2.4
11.7
– 9.3
5.5
– 5.6
18.8
– 4.7
30.9
– 2.6
0.9
– 3.6
27.9
– 3.8
24.5
– 2.9 – 8.1
+ 4.0
39.4
– 3.5
21.9
– 9.3
21.5
NA
25.2
– 1.9
18.6
NA
21.5
NA
NA
– 12.8
19.5
– 6.6
17.4
NA
NA
NA
NA
NA
NA
– 18.2
8.5
– 10.4 – 9.5
– 4.0
4.1
– 8.1
13.8
– 1.1
14.9
– 5.3
6.0
NA – 4.7
NA – 3.9
NA – 3.8
NA – 5.1
NA
4.5
– 11.1
24.2
– 7.6
28.9
– 3.3
26.6
+ 4.2
25.6
+ 0.3
9.5
NA
24.0
12.14
26.47
28.26
10.65
13.07
– 3.9
– 3.5
+ 1.0
– 9.7
– 17.1
33.4
22.3
22.3
18.1
24.9
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)-a ........................
JHPrefIncII (HPF)-a .........................
HnckJPfdInco III (HPS)-a ................
J Han Prm (PDT)-a ...........................
LMP CapInco (SCD) ........................
Nuveen Pref & I 2022 Trm (JPT) ......
Nuveen Pref & Inc Opp (JPC) ..........
Nuveen Fd (JPS) .............................
Nuveen Pref & Inc Term (JPI) ..........
Nuveen TxAdvDivGr (JTD) ..............
RiverNorth DL Str Oppty (OPP) .......
RiverNorth Opportunities (RIV) ......
TCW Strat Income (TSI) ..................
Virtus Global Div & Inc (ZTR)-a ........
Vivaldi Opportunities (XVAMX) .......
Convertible Sec's. Funds
AdvntClymrFd (AVK) ......................
Advent Clay Conv Secs (AGC) .........
AllianzGI Con & Inc 2024 (CBH)-a ....
GI Conv & Inc (NCV)-a ......................
AGI Conv & Inc II (NCZ)-a .................
AGI Dvs Inc & Conv (ACV)-a .............
AGI Eqty & Conv Inc (NIE) ...............
Bancroft Fund Ltd (BCV) .................
CalamosConvHi (CHY)-a ..................
CalmosConvOp (CHI)-a ...................
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) ........
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
19.00
24.99
14.35
11.95
26.33
20.35
21.69
19.40
21.13
20.88
18.64
15.72
Market
Price
Prem
/Disc
52 Week
Market
Return
12.83
14.90
16.24
24.59
15.39
12.16
26.14
20.81
21.28
NA
21.53
21.36
18.25
16.86
13.91
25.37
10.48
10.33
25.25
16.77
18.79
20.44
5.56
13.38
NA
– 14.5
– 1.6
+ 7.2
+ 1.8
– 0.7
+ 2.3
– 1.9
NA
+ 1.9
+ 2.3
– 2.1
+ 7.3
NA
+ 0.1
– 2.7
– 0.7
– 2.8
– 4.3
NA
NA
NA
+ 4.3
NA
8.7
25.3
26.2
23.3
24.4
16.2
18.8
NA
19.2
18.3
18.3
37.4
20.9
NS
24.4
27.1
19.1
29.4
1.7
21.1
12.3
38.6
NS
N
N
N
N
N
N
N
A
N
N
A
N
N
17.50
6.67
9.70
6.56
5.89
22.47
22.95
24.38
11.78
11.18
10.34
5.59
9.72
15.83
6.03
9.30
6.97
6.17
21.97
20.67
21.83
11.66
11.37
9.38
5.90
8.96
– 9.5
– 9.6
– 4.1
+ 6.3
+ 4.8
– 2.2
– 9.9
– 10.5
– 1.0
+ 1.7
– 9.3
+ 5.5
– 7.8
26.0
22.8
NS
30.8
30.2
37.8
23.4
15.6
29.2
33.0
22.8
46.0
21.2
A
A
A
N
A
A
N
A
N
N
6.50
9.57
15.56
13.76
8.39
21.57
10.43
28.31
13.70
11.40
6.34
8.67
14.30
12.50
7.59
19.65
8.94
26.06
12.48
10.46
– 2.5
– 9.5
– 8.1
– 9.2
– 9.5
– 8.9
– 14.3
– 8.0
– 8.9
– 8.2
26.8
41.3
26.9
43.1
22.5
23.2
17.1
34.0
40.1
36.6
25.35
10.77
10.40
25.97
17.52
Stock
Exch NAV
AlpineTotalDynDivFun (AOD) .........
AsiaPacFd (APB) ............................
Asia Tigers (GRR) ...........................
Calamos GloDynInc (CHW)-a ...........
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)-a .....
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)-a .............
LazardWorldDiv&IncFd (LOR)-a ......
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) ................
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
9.90
9.03 – 8.8
35.4
N 15.43 14.63 – 5.2
49.9
N 13.79 12.57 – 8.8
34.7
N
9.12
9.10 – 0.2
44.3
T 32.29 23.14 – 28.3
33.9
T
9.13
6.01 – 34.2
NA
N 28.10 24.86 – 11.5
34.6
N 23.79 21.55 – 9.4
42.4
A 14.88 14.26 – 4.2
36.5
A 14.61 13.96 – 4.4
47.4
A 12.17 11.65 – 4.3
46.4
N 12.94 11.61 – 10.3
30.1
N 18.10 17.26 – 4.6
32.7
N 24.45 24.67 + 0.9
32.9
T 150.66 115.50 – 23.3
15.9
N 10.63
9.70 – 8.7
30.9
N 17.65 15.94 – 9.7
28.3
N 19.27 18.60 – 3.5
33.3
N 14.98 12.27 – 18.1
20.2
N
9.16
8.77 – 4.3
32.4
N 11.54
9.87 – 14.5
10.8
O
8.16
6.87 – 15.8
14.7
N 31.25 27.66 – 11.5
31.8
N 17.79 17.12 – 3.8
19.6
N
8.89
8.49 – 4.5 – 6.1
N 14.74 13.22 – 10.3
38.7
N 49.20 43.30 – 12.0
35.2
N 12.77 11.21 – 12.2
27.6
N 18.97 16.90 – 10.9
32.0
N 12.23 11.09 – 9.3
23.3
N 12.01 10.45 – 13.0
13.9
N 17.86 15.60 – 12.7
11.7
N 12.32 13.08 + 6.2
22.9
N 20.61 17.96 – 12.9
29.7
N 28.60 24.26 – 15.2
34.9
N 19.85 17.45 – 12.1
30.4
N 39.94 35.43 – 11.3
39.6
N 20.89 18.70 – 10.5
49.4
N 15.39 12.64 – 17.8
13.4
A
1.31
NA – 2.9
N 12.15 10.43 – 14.2
36.5
N 13.62 12.45 – 8.6
20.9
N 24.03 21.51 – 10.5
36.4
N 24.82 21.91 – 11.7
42.9
N 19.31 17.09 – 11.5
48.3
N 11.12 10.74 – 3.4
51.9
N
9.41
9.05 – 3.8
27.7
T 134.00 98.65 – 26.4
3.6
N 13.38 12.56 – 6.1
28.1
N
9.78
9.07 – 7.3
29.4
N 16.58 16.07 – 3.1
29.2
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) ...........
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) .......
Dreyfus Alcntr GCI 2024 (DCF) ........
Eagle Point Credit (ECC) ..................
Eaton Vance F-R 2022 TT (XEFLX)-a .
EtnVncFltRteInc (EFT) ....................
EtnVncFltRteIncPlus (EFF) ..............
EV SenFlRtTr (EFR) .........................
Market
Price
N
Market
Price
12 mos
Prem
Yield
/Disc 10/31/17
NA
30.5
N
N
N
N
N
N
6.66
15.46
26.64
25.62
8.16
6.15
6.22
14.25
25.72
24.72
7.52
24.21
–
–
–
–
–
6.6
7.8
3.5
3.5
7.8
NA
5.1
5.4
5.2
5.5
5.7
10.1
N
N
N
N
N
N
N
N
N
N
N
N
N
N
14.89
14.85
14.02
21.13
20.34
15.49
5.11
4.45
19.42
NA
NA
NA
NA
NA
14.15
13.28
13.51
19.59
19.81
14.73
4.83
4.17
18.14
15.16
14.10
11.23
11.51
20.94
– 5.0
– 10.6
– 3.6
– 7.3
– 2.6
– 4.9
– 5.5
– 6.3
– 6.6
NA
NA
NA
NA
NA
5.5
6.3
3.6
3.8
4.2
5.4
7.8
9.2
3.9
4.3
6.3
3.6
3.3
4.7
N
N
N
N
N
N
N
N
N
N
N
N
N
18.07
12.73
14.98
14.46
NA
NA
NA
9.69
NA
9.80
15.54
17.96
15.20
16.27
11.69
13.99
14.07
15.79
15.83
17.35
9.95
19.21
NA
14.27
16.50
14.20
– 10.0
– 8.2
– 6.6
– 2.7
NA
NA
NA
+ 2.7
NA
NA
– 8.2
– 8.1
– 6.6
7.4
6.9
5.6
5.3
8.4
9.1
6.7
NS
8.3
NS
5.7
5.8
6.0
TOP RETAIL MONEY FUND YIELDS
(10 Highest 7-Day Compound Yields for Period Ended November 7, 2017)
Government Money Funds
Prime Money Funds
7-Day Yields
Simple
Compound
Gabelli US Treasury MMF/Cl AAA
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
PIMCO Govt MMF/Cl A
Northern US Govt MMF k
Northern US Govt Select MMF k
1.00%
1.00
1.00
0.93
0.90
0.84
0.84
0.83
0.76
0.76
1.00%
1.00
1.00
0.93
0.90
0.84
0.84
0.83
0.76
0.76
iMoneyNet MONEY FUND
AVERAGETM/GOVT
0.46%
0.46%
Telephone #
(800) 422-3554
(800) 662-7447
(800) 662-7447
(800) 730-1313
(800) 622-3863
(800) 622-3863
(800) 572-9336
(800) 426-0107
(800) 595-9111
(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
Federated Prime Cash Oblig/Wealthk h
JPMorgan Liquid Assets MMF/Capitalk h
BlackRock MMP/Instit Cl k h
Invesco Premier Portfolio/Inst k
Dreyfus Prime MMF/Cl A h
First Amer Retail Prime Obligs/ClZ k h
Vanguard Prime MMF/Investor
Schwab Value Adv MF/Ultra k h
BMO Prime MMF/Premier k h
1.26%
1.21
1.20
1.19
1.19
1.16
1.16
1.14
1.13
1.06
1.27%
1.22
1.21
1.20
1.20
1.17
1.17
1.15
1.14
1.07
iMoneyNet MONEY FUND
AVERAGETM/TAXABLE
0.70%
0.70%
7-Day Yields
Simple
Compound
Telephone #
(800) 544-6666
(800) 245-0242
(800) 480-4111
(800) 441-7762
(800) 525-8085
(800) 242-2224
(800) 677-3863
(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.
Federated Muni Oblig Fund/Wealth kh
Vanguard Municipal MMF/Investor
Vanguard NY Muni MMF
Federated T-F Oblig Fund/Wealth kh
Deutsche T-E/Deutsche T-E Cash Prem k h
Fidelity Inv Tax-Exempt/Cl I k h
Schwab Municipal MF/Ultra k h
Vanguard NJ Muni MMF
Western Asset Select T-F Rsv/Select k h
BMO Tax Free MMF/Premier k h
0.85%
0.82
0.80
0.79
0.78
0.78
0.78
0.78
0.77
0.76
0.85%
0.82
0.80
0.79
0.78
0.78
0.78
0.78
0.77
0.76
iMoneyNet MONEY FUND
AVERAGETM/TAX-FREE
0.47%
0.47%
Telephone #
(800) 341-7400
(800) 662-7447
(800) 662-7447
(800) 341-7400
(800) 730-1313
(800) 544-6666
(800) 435-4000
(800) 662-7447
(800) 331-1792
(800) 236-3863
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.
November 13, 2017
BARRON’S
M33
Weekly Closed-End Funds
Fund Name (Symbol)
Stock
Exch NAV
EVSnrIncm (EVF)-a .......................... N
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)-a ........ N
WA Corporate Loan (TLI) ................ N
High Yield Bond Funds
AllianceBernGlHiIncm (AWF) .......... N
Avenue In Crdt Str (ACP)-a ............... 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 ................. A
DoubleLine Inc Sol (DSL) ................ N
Dryfs Hi Yld Str (DHF)-a ................... N
EVHiInc2021 (EHT)-a ...................... 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 ................... 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) ............ N
Ms EmMktDebtFd (MSD) ................ N
Market
Price
12 mos
Prem
Yield
/Disc 10/31/17
7.14
14.05
9.71
13.04
4.87
9.12
11.59
11.50
6.87
17.79
12.47
18.49
5.65
NA
6.41
12.86
9.28
11.45
4.36
8.20
11.18
11.00
6.56
17.22
11.61
16.54
5.01
10.49
–
–
–
–
–
–
–
–
–
–
–
–
–
10.2
8.5
4.4
12.2
10.5
10.1
3.5
4.3
4.5
3.2
6.9
10.5
11.3
NA
5.6
6.1
NS
7.1
6.0
7.4
6.9
7.3
6.9
7.2
6.0
7.2
6.0
7.6
13.84
14.79
21.08
12.21
17.04
25.28
2.79
3.58
NA
3.52
10.21
17.94
14.44
8.27
19.81
16.27
15.98
2.80
5.98
13.23
10.24
25.20
9.93
18.54
9.91
10.08
10.25
10.11
NA
17.38
10.79
16.40
16.59
NA
NA
NA
NA
NA
12.51
13.96
20.07
11.01
15.95
23.87
2.82
3.29
20.58
3.38
10.10
16.45
12.89
7.19
21.50
14.73
14.94
2.82
6.69
11.75
9.77
23.60
9.98
16.68
10.03
9.95
10.08
10.02
NA
15.76
9.86
14.59
14.96
8.50
9.99
6.97
4.98
15.17
–
–
–
–
–
–
+
–
9.6
5.6
4.8
9.8
6.4
5.6
1.1
8.1
NA
4.0
1.1
8.3
10.7
13.1
8.5
9.5
6.5
0.7
11.9
11.2
4.6
6.3
0.6
10.0
1.2
1.3
1.7
0.9
NA
9.3
8.6
11.0
9.8
NA
NA
NA
NA
NA
6.7
9.8
8.9
7.9
7.8
NS
9.4
7.9
8.6
8.8
5.9
8.3
8.1
5.2
10.2
7.0
9.4
9.3
9.0
7.4
7.7
10.1
NS
8.2
6.2
5.2
5.8
5.9
NS
8.8
8.2
7.8
7.7
8.7
8.7
8.7
7.2
7.8
17.51
NA
NA
NA
19.97
23.89
NA
9.72
15.01
NA
22.50
23.34
10.09
18.58
NA
9.28
6.63
23.35
22.21
NA
NA
NA
NA
NA
NA
5.02
5.57
NA
15.86
16.29
15.65
14.50
18.36
23.07
22.56
9.06
13.74
11.86
22.79
22.51
10.10
17.69
16.19
8.53
6.11
22.54
21.56
12.09
16.81
16.96
7.66
11.87
10.56
4.69
5.24
13.05
9.4
NA
NA
NA
8.1
3.4
NA
6.8
8.5
NA
1.3
3.6
0.0
4.8
NA
8.1
7.8
3.5
2.9
NA
NA
NA
NA
NA
NA
6.6
5.9
NA
8.8
6.9
3.7
1.8
9.5
6.8
8.7
6.5
7.1
11.4
9.6
6.8
NS
7.2
9.4
8.7
8.7
5.1
5.7
12.1
10.3
10.4
13.1
8.9
8.9
6.5
5.8
9.4
5.43
9.11
10.00
NA
12.63
NA
8.70
10.99
4.98
8.79
9.93
14.02
11.21
13.00
7.66
9.87
8.3
3.5
0.7
NA
– 11.2
NA
– 12.0
– 10.2
8.3
9.2
NS
6.9
7.7
8.3
8.4
6.1
–
–
–
–
–
+
–
–
+
+
–
–
–
+
–
+
–
–
–
–
–
–
–
–
–
–
–
–
+
–
+
–
–
–
–
–
–
–
–
–
–
Fund Name (Symbol)
Stock
Exch NAV
Nuveen EM Dbt 2022 Tg Tr (JEMD) .
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) ..................
Templtn Glbl Inc (GIM) ...................
Virtus Gl MSec Inc (VGI)-a ...............
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)-a .....
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)-a ......................
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) ...................
NeubrgrBrm (NBH) .........................
NeubrgeBrmNY (NBO) ...................
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) ....................
Market
Price
N
N
N
N
N
N
N
N
N
N
N
N
N
9.69
NA
NA
NA
NA
15.11
14.62
12.94
7.42
17.08
NA
NA
NA
10.06
22.35
30.27
26.02
8.95
15.85
16.58
11.48
6.58
18.52
15.36
18.04
17.04
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
14.96
16.08
12.66
15.61
15.51
15.06
15.58
24.38
16.37
14.58
15.13
14.41
15.33
15.60
14.23
12.05
15.77
14.84
14.05
14.16
17.16
9.72
15.37
14.99
14.58
15.98
14.03
14.60
14.87
14.56
14.68
12.68
12.58
14.28
9.36
8.40
8.62
15.76
13.74
13.53
13.40
22.01
12.00
14.53
15.24
12.21
7.62
13.58
13.57
13.70
14.07
16.35
20.17
5.39
4.86
10.63
7.40
14.93
15.23
15.54
14.09
17.09
15.25
16.62
16.23
15.16
13.85
14.00
9.81
13.66
11.42
10.39
15.60
10.57
15.55
14.94
15.87
13.55
14.68
11.97
14.12
13.75
15.00
15.33
22.49
15.09
14.17
14.63
15.09
14.31
14.94
15.02
11.95
14.92
15.13
13.25
13.71
16.70
9.75
15.60
14.32
14.22
15.51
13.02
14.13
15.48
13.92
13.32
11.87
11.93
12.98
8.87
8.43
8.78
14.21
12.55
12.37
12.39
22.01
11.26
13.33
14.27
11.37
7.82
12.41
12.34
12.41
13.02
14.73
19.21
5.20
4.70
9.72
6.87
13.62
13.93
14.98
12.32
17.21
13.80
15.36
15.14
14.38
12.99
13.02
9.67
13.64
11.40
10.18
14.02
10.12
14.75
14.06
14.93
12 mos
Prem
Yield
/Disc 10/31/17
+
3.8
NA
NA
NA
NA
4.9
13.4
11.3
11.3
8.4
NA
NA
NA
NS
11.4
13.5
9.9
9.7
11.1
12.7
4.5
6.1
9.6
7.5
7.5
5.4
– 9.4
– 8.7
– 5.5
– 9.5
– 11.3
– 0.4
– 1.6
– 7.8
– 7.8
– 2.8
– 3.3
+ 4.7
– 6.7
– 4.2
+ 5.6
– 0.8
– 5.4
+ 2.0
– 5.7
– 3.2
– 2.7
+ 0.3
+ 1.5
– 4.5
– 2.5
– 2.9
– 7.2
– 3.2
+ 4.1
– 4.4
– 9.3
– 6.4
– 5.2
– 9.1
– 5.2
+ 0.4
+ 1.9
– 9.8
– 8.7
– 8.6
– 7.5
+ 0.0
– 6.2
– 8.3
– 6.4
– 6.9
+ 2.6
– 8.6
– 9.1
– 9.4
– 7.5
– 9.9
– 4.8
– 3.5
– 3.3
– 8.6
– 7.2
– 8.8
– 8.5
– 3.6
– 12.6
+ 0.7
– 9.5
– 7.6
– 6.7
– 5.1
– 6.2
– 7.0
– 1.4
– 0.1
– 0.2
– 2.0
– 10.1
– 4.3
– 5.1
– 5.9
– 5.9
4.6
5.3
5.4
4.5
4.2
1.9
3.3
4.1
5.3
5.7
6.1
5.8
5.3
5.4
4.6
5.7
5.9
5.7
5.8
5.6
5.8
5.8
5.9
6.0
5.8
5.6
5.6
5.8
6.1
5.6
4.6
6.6
5.6
4.9
5.4
5.9
5.9
4.9
5.0
4.8
5.4
4.7
10.2
4.1
5.2
5.8
5.2
6.1
5.9
5.5
5.8
5.0
5.6
5.5
5.5
4.9
5.5
4.3
4.6
5.5
4.3
4.2
5.4
5.7
5.9
5.7
4.9
3.7
2.3
6.0
4.2
3.8
5.6
3.0
3.7
3.6
3.5
+
+
–
–
+
Stock
Exch NAV
Fund Name (Symbol)
PIMCO MuniInc (PMF) ....................
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)-a ...................
Del MN II (VMM)-a ...........................
EVCAMuniBd (EVM) .......................
Eaton Vance CA Muni Bd 2 (EIA) ......
EVCAMuniIncm (CEV)-a ..................
Eaton Vance MA Muni Bd (MAB) .....
EV MA Muni Inc (MMV)-a .................
Eaton Vance MI Muni Bd (MIW) ......
EV MI Muni Inc (EMI)-a ....................
Eaton Vance NJ Muni Bd (EMJ) .......
EVNJMuniIncm (EVJ)-a ...................
Eaton Vance NY Muni Bd (ENX) .......
Eaton Vance NY Muni Bd 2 (NYH) ....
EVNYMuniIncm (EVY)-a ..................
Eaton Vance OH Muni Bd (EIO) ........
EV OH Muni Inc (EVO)-a ...................
Eaton Vance PA Muni Bd (EIP) ........
EV PA Muni Inc (EVP)-a ....................
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
N
A
N
N
N
N
NA
NA
NA
11.94
12.82
8.00
13.39
NA
NA
NA
NA
NA
13.11
13.22
11.76
11.40
11.71
7.49
12.57
9.43
14.02
7.39
15.05
21.59
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
15.39
15.38
14.90
14.94
13.97
15.38
15.61
15.78
14.96
14.60
15.70
15.84
15.57
16.10
14.33
15.83
15.92
15.64
15.03
14.92
16.12
15.10
15.69
15.64
15.19
14.62
12.40
12.89
13.95
15.21
15.05
15.34
14.90
14.50
13.68
13.57
13.11
14.39
14.02
15.03
14.19
13.67
13.48
14.10
14.63
12.63
14.60
15.88
10.50
16.56
15.76
15.44
14.03
13.79
14.71
14.62
15.46
15.10
13.85
14.95
15.93
15.92
14.51
10.00
15.62
15.14
14.25
16.74
15.38
15.30
15.51
14.50
NA
NA
NA
NA
NA
NA
13.70
14.40
15.00
15.04
13.80
13.80
14.84
14.27
13.69
15.10
15.21
14.94
13.98
15.71
12.95
14.27
14.54
15.42
13.14
14.90
14.79
14.68
14.83
NA
14.85
13.81
11.79
11.98
12.18
13.62
13.31
13.42
12.97
12.62
11.84
12.39
11.71
12.74
12.68
13.36
12.62
12.19
12.88
12.05
13.64
11.86
14.70
15.60
10.53
16.95
14.63
15.23
12.02
13.21
14.43
12.70
13.41
15.04
16.00
13.06
14.43
13.71
12.96
9.80
14.51
13.94
13.76
14.95
15.35
13.56
14.68
13.09
17.22
10.04
10.27
12.91
11.98
9.93
Continuously Offered
12 mos
Prem
Yield
/Disc 10/31/17
–
–
–
–
–
–
+
+
–
–
–
–
–
+
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
+
–
+
+
–
–
–
–
–
–
–
–
+
–
–
–
–
–
–
–
–
–
–
–
–
–
NA
NA
NA
4.5
8.7
6.4
6.1
NA
NA
NA
NA
NA
5.9
5.9
5.9
5.3
5.1
5.4
5.2
4.6
5.4
4.1
5.3
4.9
11.0
6.4
0.7
0.7
1.2
10.3
4.9
9.6
8.5
3.4
3.1
5.7
10.2
2.4
9.6
9.9
8.7
1.4
12.6
0.1
8.3
2.8
5.5
NA
2.2
5.5
4.9
7.1
12.7
10.5
11.6
12.5
13.0
13.0
13.5
8.7
10.7
11.5
9.6
11.1
11.1
10.8
4.5
14.5
6.8
6.1
0.7
1.8
0.3
2.4
7.2
1.4
14.3
4.2
1.9
13.1
13.3
0.4
15.5
12.6
9.4
13.9
10.7
2.0
7.1
7.9
3.5
10.7
0.2
11.4
5.4
9.7
NA
NA
NA
NA
NA
NA
4.2
5.1
2.0
2.7
4.6
4.0
5.0
5.6
5.0
4.9
5.1
5.1
5.5
5.6
5.0
5.2
5.2
5.4
4.7
1.3
4.7
4.8
4.9
4.2
4.8
4.0
4.9
4.4
4.0
4.0
3.9
4.4
3.7
4.9
4.6
4.9
4.7
4.6
4.5
4.4
4.9
4.3
5.0
5.1
5.0
4.7
4.5
5.0
3.9
4.5
5.5
3.9
4.8
4.3
4.5
5.0
4.8
5.1
3.8
4.1
4.1
5.2
4.9
3.7
4.3
5.1
4.0
4.7
4.7
5.2
4.4
4.3
5.3
5.6
6.3
5.2
5.3
5.3
Fund Name (Symbol)
Stock
Exch NAV
General Equity Funds
Alternative Strategies:A (N/A) .........
Alternative Strategies:C (N/A) .........
Specialized Equity Funds
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) ............
NexPointRlEstStrat;C (N/A) ............
NexPointRlEstStrat;Z (N/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) .........................
Tot Inc+ RE:C (N/A) .........................
Tot Inc+ RE:I (N/A) ..........................
Tot Inc+ RE:L (N/A) .........................
USQ Core Real Estate:I (USQIX) ......
USQ Core Real Estate:IS (USQSX) ...
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) ......
Wildermuth Endwmnt S:C (N/A) .....
Wildermuth Endwmnt S:I (N/A) .......
Income & Preferred Stock Funds
MultiStrat Gro & Inc:A (N/A) ............
MultiStrat Gro & Inc:C (N/A) ............
MultiStrat Gro & Inc:I (N/A) .............
MultiStrat Gro & Inc:L (N/A) ............
The Relative Value:CIA (VFLEX) ......
Convertible Sec's. Funds
Calmos Dyn Conv and Inc (CCD)-a ...
World Equity Funds
BMO LGM Front ME (N/A) ...............
CalamosGlbTotRet (CGO)-a .............
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
z
NA
26.96
26.53
27.12
26.95
26.83
20.46
20.41
20.41
10.05
10.03
10.20
10.47
10.04
10.02
10.05
10.20
26.32
29.49
28.72
29.82
29.45
25.21
25.21
27.56
27.63
25.07
12.78
12.61
12.84
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
7.5
NA
6.7
NA
7.7
NA
NS
NA
NS
NA
8.3
NA
7.5
NA
8.7
NA
6.7
NA
5.8
NA
6.1
NA
6.6
NA
NS
NA
5.9
NA
6.6
NA
6.5
NA – 2.5
NA
6.9
NA
6.1
NA
7.2
NA
NS
NA
NS
NA
NS
NA
6.5
NA
6.8
NA
NS
NA
13.3
NA
12.4
NA
NS
z
z
z
z
z
15.30
14.98
15.50
15.09
25.38
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
5.3
4.6
5.6
4.9
NS
z
20.75
20.27 –
2.3
18.6
z
z
10.26
13.31
NA
14.06 +
NA
5.6
14.2
24.9
z
z
Stock
Exch NAV
U.S. Mortgage Bond Funds
Vertical Capital Income (N/A) ..........
z
Loan Participation Funds
504 Fund (N/A) ...............................
z
FedProj&TrFinanceTender (N/A) .....
z
FS Global Crdt Opptys D (N/A) .........
z
Highland Flt Rt Opp (N/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:F (N/A) ..........
z
Griffin Inst Access Cd:I (N/A) ..........
z
Griffin Inst Access Cd:L (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) ........
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) ...
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 10/31/17
12.61
NA
NA
3.2
9.78
10.06
NA
14.96
6.65
6.65
6.66
6.65
6.65
6.65
NA
25.14
12.54
12.51
12.50
12.54
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3.7
NS
NA
4.3
4.2
4.2
3.5
4.4
4.3
4.4
6.6
NS
5.3
4.8
5.6
5.6
NA
NA
NA
NA
NA
NA
NA
9.65
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
NS
NS
NS
NS
10.5
11.2
11.2
11.43
NA
NA
NA
7.87
3.68
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
1.5
NS
NS
NS
NS
NE
5.0
6.4
5.7
6.7
NS
6.3
TOP SAVINGS DEPOSIT YIELDS
Money Market Account1
Institution
Location
Telephone
No.
Dollar Savings Direct
CIT Bank
Capital One 360
American Express
Radius Bank
Ossining,NY
Livingstn,NJ
Wilmingtn,DE
Salt Lake City,US
Boston,MA
(866)395-8693
(855)462-2652
(877)469-0232
(800)446-6307
(800)242-0272
Institution
Location
Telephone
No.
Dollar Savings Direct
First Internet Bank
Ameriprise Ntl Trust Bk
EverBank
Nationwide Bank
Ossining,NY
Indianapolis,US
Minneapolis,US
Jackson,US
Columbus,US
(866)395-8693
(888)873-3424
(888)356-1006
(888)882-3837
(877)422-6569
Six-Month CDs2
Min. Recent
Deposit % Rate
1
1
10000
1
2500
1.49
1.34
1.29
1.24
1.19
Min. Recent
Deposit % Rate
1000
1000
1000
5000
500
1.49
1.36
1.24
1.20
1.19
1Including passbook, statement savings, and bank-offered liquid asset accounts.
One-Year CDs
Effect.
% Yield
Institution
Location
Telephone
No.
(CD) 1.50
(CD) 1.35
(CM) 1.30
(CD) 1.25
(CM) 1.20
EverBank
First Internet Bank
Ally Bank
PenFed Credit Union
Popular Direct
Jackson,US
Indianapolis,US
Philadelphia,PA
Alexandria,VA
Pleasantn,US
(888)882-3837
(888)873-3424
(877)247-2559
(800)247-5626
(800)274-5696
Institution
Location
Telephone
No.
Capital One 360
Discover Bank
EverBank
Middlesex Savings Bk
Ameriprise Ntl Trust Bk
Wilmingtn,DE
Greenwood,US
Jackson,US
Middlesex,MA
Minneapolis,US
(877)469-0232
(800)347-7000
(888)882-3837
(877)463-6287
(888)356-1006
Effect.
% Yield
(CD) 1.50
(CM) 1.37
(CM) 1.25
(CD) 1.21
(CD) 1.20
2½-Year CDs
Min. Recent
Deposit % Rate
5000
1000
25000
1000
10000
1.67
1.65
1.64
1.60
1.59
Min. Recent
Deposit % Rate
1
2500
5000
250
1000
1.74
1.69
1.64
1.59
1.54
Effect.
% Yield
(CD) 1.68
(CM) 1.66
(CD) 1.65
(CD) 1.61
(CD) 1.60
Effect.
% Yield
(CM) 1.75
(CD) 1.70
(CD) 1.65
(CM) 1.60
(CM) 1.55
Five-Year CDs
Institution
Location
Telephone
No.
Popular Direct
Barclays Bank
EverBank
First Internet Bank
Capital One 360
Pleasantn,US
Wilmingtn,US
Jackson,US
Indianapolis,US
Wilmingtn,DE
(800)274-5696
(888)710-8756
(888)882-3837
(888)873-3424
(877)469-0232
90-Day Jumbo CDs
Min. Recent
Deposit % Rate
10000
1
5000
1000
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
2.32
2.32
2.30
2.28
Min. Recent
Deposit % Rate
1.14
1.00
1.00
0.75
0.55
Effect.
% Yield
(CD) 2.40
(CD) 2.35
(CD) 2.35
(CM) 2.32
(CM) 2.30
Effect.
% Yield
(CM) 1.15
(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
M34
BARRON’S
November 13, 2017
Market Laboratory
THE DOW JONES AVERAGES
DJ AVERAGES
Dow Jones 30 Industrial (divisor: 0.14523396877348)
Daily
Nov 6
7
8
9
Open (t)
23532.17 23582.57 23531.34
Open (a)
23533.96 23574.03 23542.60
Close
23548.42 23557.23 23563.36
High (t)
23688.53 23695.04 23665.95
Low (t)
23407.33 23399.86 23415.00
High (a)
23574.86 23602.12 23575.00
Low (a)
23520.75 23484.19 23510.56
Change
+9.23
+8.81
+6.13
Theoretical (t): High 23695.04 Low 23248.29
Actual (a): High 23602.12 Low 23310.02
10
23454.02
23492.09
23461.94
23616.48
23248.29
23516.74
23310.02
–101.42
23442.73
23432.71
23422.21
23551.55
23289.63
23452.20
23392.96
–39.73
Dow Jones 20 Transport (divisor: 0.16416809180007)
Open (t)
9744.83
9727.65
9638.54
Open (a)
9750.43
9720.77
9649.68
Close
9731.79
9671.79
9630.77
High (t)
9826.73
9812.02
9696.43
Low (t)
9662.47
9602.14
9526.03
High (a)
9759.94
9766.80
9652.94
Low (a)
9720.62
9658.64
9596.23
Change
–23.21
–60.00
–41.02
Theoretical (t): High 9826.73 Low 9433.78
Actual (a): High 9766.80 Low 9484.91
9582.56
9593.46
9517.50
9636.43
9463.01
9604.91
9495.89
–113.27
9495.69
9509.77
9501.36
9565.56
9433.78
9518.54
9484.91
–16.14
Dow Jones 15 Utilities (divisor: 1.26341348266030)
Open (t)
752.98
750.92
757.76
Open (a)
753.15
750.14
758.04
Close
749.25
758.92
759.59
High (t)
755.34
760.97
763.14
Low (t)
747.17
747.49
753.39
High (a)
753.68
759.67
761.54
Low (a)
748.85
747.75
754.42
Change
–4.18
+9.67
+.67
Theoretical (t): High 763.14 Low 747.17
Actual (a): High 761.54 Low 747.75
756.89
758.05
759.47
762.50
753.99
761.03
756.39
–.12
755.32
756.17
756.95
759.53
751.98
758.40
753.84
–2.52
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)
7941.28
7943.79
7925.92
Open (a)
7943.13
7939.33
7931.01
Close
7935.29
7940.15
7933.50
High (t)
7993.34
8000.85
7973.63
Low (t)
7889.39
7875.31
7871.53
High (a)
7950.63
7957.75
7938.97
Low (a)
7930.69
7922.96
7913.30
Change
–10.31
+4.86
–6.65
Theoretical (t): High 8000.85 Low 7824.78
Actual (a): High 7957.75 Low 7854.29
7897.29
7908.99
7888.95
7949.89
7826.56
7914.79
7854.29
–44.55
7873.50
7876.08
7873.52
7916.87
7824.78
7881.41
7862.33
–15.43
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)
4,361,285
1,441,819
217,923
219,058
1,878,800
65,377
10,511,265
Prev.
Week
4,411,355
1,775,119
229,756
228,479
2,233,354
58,026
10,431,087
Year
Ago
YOY
% Chg
5,865,967
2,301,694
457,638
318,819
3,078,151
64,370
11,634,681
-25.65
-37.36
-52.38
-31.29
-38.96
1.56
-9.66
17.89
23.46
23.33
15.35
15.10
16.62
3,482,800 r3,888,600 4,171,500
-23.32
-7.64
-16.51
Daily Stock Volume
Daily
11/6
11/7
11/8
11/9
11/10
NYSE(a)
850,774 903,203 879,272 880,048 847,989
30 Inds (b)
308,015.2 265,512.0 244,535.2 295,221.4 328,535.3
20 Trans (b)
40,843.3 49,977.5 41,942.3 44,570.0 40,589.8
15 Utils (b)
38,713.2 43,010.2 42,214.5 36,037.9 59,082.2
65 Stks (b)
387,571.7 358,499.7 328,692.0 375,829.3 428,207.3
NYSE Amer(a)
8,665
11,776
14,021
17,368
13,546
Nasd(d)
2,111,141 2,173,249 2,072,202 2,207,967 1,946,706
NYSE 15 Most Active
Avg. Price
14.68
13.91
18.00
18.42
20.05
% Tot Vol
15.91
15.22
19.98
16.73
15.69
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
11/06
11/07
11/08
11/09
11/10
110,724
49,487
45,222
45,571
39,084
31,908
28,135
27,467
30,098
32,616
33,810
42,139
334,513
116,627
60,565
54,517
44,151
41,969
38,341
32,511
28,920
27,686
34,888
38,719
48,902
335,408
110,491
56,406
49,038
40,910
35,486
38,591
34,025
31,082
28,884
39,166
39,977
41,547
333,668
119,206
60,042
47,974
46,063
44,916
41,222
38,683
52,829
32,110
36,601
36,260
43,660
280,482
102,548
53,048
40,959
38,481
32,206
30,468
28,619
29,898
26,691
30,222
33,475
38,105
363,267
TRADING DIARY
See barrons.com/mktlab for complete table
Week's
COMPONENTS Change INDUSTRIALS
3M
-4.77
American Express
-2.91
Apple
2.17
Boeing
-0.90
Caterpillar
-0.15
Chevron
2.19
Cisco Systems
-0.48
Coca-Cola
0.57
Disney
6.14
DowDuPont
-1.19
ExxonMobil
-0.24
General Electric
0.35
Goldman Sachs
-4.25
Home Depot
-0.28
IBM
-2.42
Intel
-0.76
Johnson & Johnson
-0.52
JPMorgan Chase
-3.90
McDonald's
-3.06
Merck
-0.58
Microsoft
-0.27
Nike Cl B
0.38
Pfizer
-0.37
Procter & Gamble
1.58
Travelers Cos
2.22
United Technologies
-2.96
UnitedHealth Group
-1.80
Verizon Communications -2.54
VISA Cl A
0.52
Wal-Mart Stores
1.24
23950
-1.23
-1.63
-7.51
0.89
-1.23
-1.51
1.90
-6.09
-5.37
-0.20
-0.06
-4.35
-2.70
-1.43
-3.21
-3.42
-0.65
-0.48
-1.13
-2.23
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
-0.26
0.70
-0.02
-0.18
0.15
0.14
0.37
0.54
0.36
1.13
2.51
-0.13
0.15
0.07
-1.08
Nov 6
+.46
+.52
+.30
7
–.37
–.26
–1.00
8
–.04
–.22
+.02
9
–.17
+.53
+.01
23500
Market Advance/Decline Totals
Week ended last Friday compared to previous Friday
23050
Weekly Comp.
Total Issues
Advances
Declines
Unchanged
New Highs
New Lows
NYSE
3,118
1,275
1,786
57
356
205
NYSE Amer
347
165
168
14
17
23
Nasdaq
3,195
1,149
1,962
84
352
261
10
–.13
–.04
+.32
NYSE Arca
1,424
535
862
27
348
84
22600
OTHER MARKET INDEXES
Daily
22150
21700
21250
20800
20350
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)
10300
10100
9900
9700
9500
11/06
11/07
11/08
11/09
11/10
NYSE Amer Comp 2646.02 2626.14 2632.49 2632.13 2627.55
AmMajorMkt
2375.89 2378.37 2378.94 2367.14 2360.98
BNY ADR Idx
151.58
150.65
151.03
150.03
149.61
Europe
140.16
138.98
139.20
138.45
138.24
Latin Am
246.93
242.06
245.78
243.16
239.40
Asia
180.11
180.29
180.59
179.08
178.66
Emerg M
327.82
325.71
326.34
324.19
323.05
DJ US TSM Float 26830.60 26786.83 26825.65 26719.10 26704.08
Nasdaq Cmp
6786.44 6767.78 6789.12 6750.05 6750.94
100 Index
6313.61 6320.78 6345.81 6312.21 6309.07
Indus.
5254.71 5232.00 5256.03 5249.61 5264.44
Insur.
8824.24 8800.73 8790.58 8768.87 8751.32
Banks
3926.37 3820.84 3788.85 3757.25 3755.74
Computer
4117.19 4118.48 4138.03 4101.21 4094.93
Telecom
309.36
308.15
309.60
307.04
307.61
NYSE Comp.-z 12400.93 12371.25 12384.72 12339.66 12322.60
Financial-z
7966.33 7905.46 7897.33 7883.57 7864.87
Health Care-z
14035.62 14010.92 14062.01 14032.26 13930.71
Energy-z
11271.48 11235.71 11197.95 11214.37 11144.73
Russell 1000
1436.01 1434.98 1437.12 1431.52 1430.57
2000
1497.96 1479.09 1481.73 1475.02 1475.27
3000
1534.62 1532.14 1534.45 1528.40 1527.49
Value-v
1180.42 1178.05 1177.69 1174.65 1172.72
Growth-v
1315.38 1316.10 1320.35 1313.52 1313.92
MidCap
2009.69 2003.23 2006.95 1998.29 1999.04
S&P 100 Index 1143.77 1144.14 1145.43 1142.07 1140.39
500
2591.13 2590.64 2594.38 2584.62 2582.30
Ind.
3437.63 3442.63 3452.13 3438.38 3436.83
MidCap
1843.36 1830.62 1836.09 1826.20 1825.75
SmallCap
902.74
893.07
896.98
893.16
893.77
Value Line(A)
5836.67 5797.17 5811.64 5797.74 5799.73
Value Line(G)
542.07
538.21
539.39
537.90
537.99
DJ US Small TSM 10122.49 10007.85 10024.10 9980.04 9984.13
(A)-Arithmetic Index. (G)-Geometric Index.
(v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec.
31,2002=5000.
9300
S&P DOW JONES INDEXES
9100
8900
8700
UTILITIES
765
745
725
705
May
Jun
Jul
Note: Theoretical highs and lows are shown.
Aug
Sep
Oct
Nov
685
Friday
Close
Chg
DJ U.S. Total Stock Market 26704.08 –84.92
US Large Cap
6059.85 –13.42
US Large Growth
6939.42
8.65
US Large Value
4972.16 –26.69
US Mid Cap
10390.45 –20.72
US Mid Growth
10265.06 –48.70
US Mid Value
8479.04
19.89
US Small Cap
9984.13 –109.27
US Small Growth
9013.26 –101.47
US Small Value
9880.33 –102.43
Microcap
12846.29 –230.20
DJ U.S. Select REIT -a 9775.60 240.34
DJ U.S. Select RESI -a 1027.88
25.27
US TMI
644.55
–1.60
US Select Dividend -a 1888.68
2.49
Select Microcap
2516.91 –56.38
Global Titans 50
292.89
–1.01
Asian Titans 50
178.37
1.72
DJ Islamic Market
3548.51
–2.52
Islamic Titans 100
3986.05
–2.76
Islamic Emerging
2612.00
27.43
Islamic Technology 5987.04
12.92
Islamic U.S.
4648.54
1.82
Sustainability
1479.80 –13.19
U.K. Titans 50 (GBP)
297.11
–4.87
DJ India (INR)
219.23
–3.04
Equity REIT -a
1805.69
46.90
Comp REIT -a
1506.52
35.87
Internet Comp
476.92
–5.03
E*commerce
942.70 –13.37
Internet Svcs
209.00
0.51
a-total return. 3 Year % Chg is annualized.
Week
% Chg
1 Year 3 Year
–0.32
–0.22
0.12
–0.53
–0.20
–0.47
0.24
–1.08
–1.11
–1.03
–1.76
2.52
2.52
–0.25
0.13
–2.19
–0.34
0.97
–0.07
–0.07
1.06
0.22
0.04
–0.88
–1.61
–1.37
2.67
2.44
–1.04
–1.40
0.24
19.15
19.42
25.25
14.23
18.92
22.12
14.53
16.85
20.01
12.19
20.46
11.91
11.91
19.19
16.11
20.57
20.18
27.70
22.76
22.75
32.67
44.57
20.66
24.59
8.13
25.05
17.93
18.00
35.84
40.28
30.74
8.01
8.13
10.39
6.04
8.08
8.73
6.98
7.11
8.41
5.07
6.41
6.16
6.14
8.01
10.28
12.28
6.56
6.77
7.19
7.52
6.01
17.18
8.07
5.21
3.81
10.56
8.16
8.00
20.71
23.34
15.26
November 13, 2017
BARRON’S
M35
Market Laboratory
23422.21
20.70
4.83
1131.35
2.20
516.09
4.03
5818.74
9501.36
18.73
5.34
507.16
1.38
130.95
3.71
2561.22
756.95
33.94
2.95
22.30
Year
Ago
18847.66
20.28
4.93
929.59
2.51
472.73
3.25
5799.91
8578.65
15.52
6.44
552.73
1.39
119.27
3.61
2376.65
627.82
25.20
3.97
24.91
23539.19
20.84
4.80
1129.35
2.17
511.37
4.05
5818.74
9755.00
19.43
5.15
502.05
1.34
130.58
3.81
2561.22
753.43
37.48
2.67
20.10
Last
Week
Divs Yield %
Divs $
Mkt to Book
Book Value $
S&P 500 Index
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
S&P Ind Index
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
3.15
23.87
2.20
344.79
2582.30
24.83
4.03
104.02
1.95
50.35
3.36
768.98
3436.83
26.92
3.71
127.66
1.87
64.27
4.42
777.19
Prev.
Week
Year
Ago
3.16
23.81
2.19
344.79
2587.84
24.88
4.02
104.02
1.94
50.20
3.37
768.98
3432.21
26.89
3.72
127.66
1.87
64.18
4.42
777.19
3.57
22.40
1.82
345.41
2164.45
24.90
4.02
86.92
2.15
46.54
2.92
740.29
2879.04
28.74
3.48
100.19
2.10
60.46
3.82
754.58
144 FILINGS
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
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
Hp
Huntsman
Intel
Huntsman
Qualys
Twitter
People's United Financial
Corning
Mulesoft
Huntsman
HPQ
HUN
INTC
HUN
QLYS
TWTR
PBCT
GLW
MULE
HUN
Shares
Indicated
$ Value
Sale
Date
525,719
428,571
413,708
383,610
350,000
324,136
299,309
248,857
225,000
220,144
11,157,312
13,515,173
18,282,011
11,500,000
19,110,000
7,027,268
5,652,420
7,839,000
5,244,750
6,918,786
11/2/17
10/30/17
10/30/17
10/30/17
11/2/17
10/30/17
10/24/17
10/30/17
10/30/17
10/30/17
Seller
Title
Weisler, Dion
Esplin, J
Smith, Stacy
Huntsman, Jon
Courtot, Philippe
Williams, Evan
Barnes, John
Weeks, Wendell
Mason, Ross
Turner, Simon
CEO
EVP
EVP
D
AF
AF
OD
O
AF
FO
THE WEEK IN STOCKS FOR THE MAJOR INDEXES
12-Month
Weekly
High
Low
High
Low
Dow Jones Indexes
23563.36 18847.66 30 Indus
23563.36 23422.21
10038.13 8578.65 20 Transp
9731.79 9501.36
759.59
625.44 15 Utilities
759.59
749.25
7962.87 6570.65 65 Comp
7940.15 7873.52
Dow Jones Indexes
26830.60 22440.45 US TSM Float 26830.60 26704.08
647.53
540.72 US Market
647.53
644.55
483.03
347.26 Internet
483.03
475.97
New York Stock Exchange
12430.52 10652.24 Comp-z
12400.93 12322.60
7986.76 6576.50 Financial-z
7966.33 7864.87
14363.95 11568.33 Health Care-z 14062.01 13930.71
11769.62 9782.86 Energy-z
11271.48 11144.73
NYSE American Stock Exchange
2666.89 2153.42 NYSE Amer Comp 2646.02 2626.14
2383.18 1938.99 Major Mkt
2378.94 2360.98
Standard & Poor's Indexes
1145.43
955.34 100 Index
1145.43 1140.39
2594.38 2164.20 500 Index
2594.38 2582.30
3452.13 2863.40 Indus
3452.13 3436.83
1843.36 1562.99 MidCap
1843.36 1825.75
918.72
781.84 SmallCap
902.74
893.07
Nasdaq Stock Market
6789.12 5218.40 Comp
6789.12 6750.05
6345.81 4702.04 100 Index
6345.81 6309.07
5264.44 4289.18 Indus
5264.44 5232.00
9074.21 7949.80 Insur
8824.24 8751.32
4008.06 3422.39 Banks
3926.37 3755.74
4138.03 2777.02 Computer
4138.03 4094.93
316.69
279.05 Telecom
309.60
307.04
Russell Indexes
1437.12 1199.16 1000
1437.12 1430.57
1512.09 1282.39 2000
1497.96 1475.02
1534.62 1283.94 3000
1534.62 1527.49
1187.22 1051.86 Value-v
1180.42 1172.72
1320.35 1025.47 Growth-v
1320.35 1313.52
2010.77 1713.77 MidCap
2009.69 1998.29
Others
5859.38 5012.08 Value Line-a
5836.67 5797.17
545.98
484.80 Value Line-g
542.07
537.90
10172.47 8703.40 DJ US Small TSM10122.49 9980.04
691.56
566.59 Barron's 400
687.30
677.94
Close
Friday
Chg.
Weekly
% Chg.
12-Month
Chg.
% Chg.
Change From
12/30
% Chg.
23422.21
9501.36
756.95
7873.52
–116.98
–253.64
3.52
–72.08
–0.50
–2.60
0.47
–0.91
4574.55
922.71
129.13
1302.87
24.27
10.76
20.57
19.83
3659.61
457.46
97.34
971.07
18.52
5.06
14.76
14.07
26704.08
644.55
476.92
–84.92
–1.60
–5.03
–0.32
–0.25
–1.04
4263.63
103.84
124.42
19.00
19.20
35.30
3427.35
84.22
119.75
14.72
15.03
33.53
12322.60
7864.87
13930.71
11144.73
–50.46
–93.81
–130.36
127.20
–0.41
–1.18
–0.93
1.15
1670.36
1288.37
1924.28
630.42
15.68
19.59
16.03
6.00
1265.71
903.32
2023.52
–359.03
11.45
12.98
16.99
–3.12
2627.55
2360.98
9.76
-12.42
0.37
–0.52
455.35
418.46
20.96
21.54
319.52
346.37
13.84
17.19
1140.39
2582.30
3436.83
1825.75
893.77
–3.02
–5.54
4.62
–10.23
–7.11
–0.26
–0.21
0.13
–0.56
–0.79
181.71
417.85
557.79
262.76
111.93
18.95
19.31
19.37
16.81
14.32
148.96
343.47
487.25
165.17
55.81
15.02
15.34
16.52
9.95
6.66
6750.94
6309.07
5264.44
8751.32
3755.74
4094.93
307.61
–13.50
13.48
34.06
–36.64
–179.56
0.26
–4.10
–0.20
0.21
0.65
–0.42
–4.56
0.01
–1.31
1513.83
1557.11
970.35
801.51
333.35
1272.11
20.25
28.91
32.77
22.60
10.08
9.74
45.07
7.05
1367.82
1445.45
819.56
397.84
–96.72
1169.12
19.33
25.41
29.72
18.44
4.76
–2.51
39.96
6.70
1430.57
1475.27
1527.49
1172.72
1313.92
1999.04
–3.30
–19.64
–4.79
–6.16
0.72
–3.32
–0.23
–1.31
–0.31
–0.52
0.05
–0.17
231.41
192.88
243.55
120.85
283.55
285.27
19.30
15.04
18.97
11.49
27.52
16.65
188.91
118.14
195.77
70.22
260.37
215.16
15.21
8.71
14.70
6.37
24.71
12.06
5799.73
537.99
9984.13
678.94
–14.20
–2.14
–109.27
–7.27
–0.24
–0.40
–1.08
–1.06
787.65
53.19
1280.73
112.35
15.72
10.97
14.72
19.83
537.72
31.82
804.52
77.32
10.22
6.29
8.76
12.85
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
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.
Nov 9
2017
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
5.19
9.20
10.88
1.44
3.43
1.91
1.05
5.69
2.86
3.07
0.80
19.20
6.97
11.97
2.86
1.31 22.68
2.46 24.03
5.68 1.32
3.10 22.40
4.32 76.95
1.13 12.64
1.46 5.38
1.56 27.04
1.52 11.31
3.06 40.34
0.96 8.67
2.80 192.80
3.36 3.60
5.90 19.29
1.0775 14.00
Earns
Book
Divs. Value
Johnson&John
JPMorgChase
McDonalds
Merck Co
Microsoft
Nike Inc
Pfizer
Proc Gam
3M Co
Travelers Cos
UnitedHealth Grp
Utd Tech
Verizon
Visa
Wal-mart
5.76
6.94
6.93
1.67
2.94
2.35
1.62
5.69
8.95
8.61
9.02
6.45
3.90
2.80
4.16
3.28
2.04
3.76
1.88
1.56
0.72
1.28
2.7383
4.635
2.78
2.75
2.68
2.3225
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
6.23
3.93
1.35
3.35
1.94
5.03
2.31
10.60
3.76
1.94
1.175
0.40
Nil
1.80
0.76
0.9125
0.82
1.80
0.92
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
5.09
2.11
3.61
1.94
6.36
3.69
3.48
5.66
4.08
7.24
1.35
Nil
0.37
0.78
2.44
1.78
0.45
2.42
3.32
Nil
38.31
44.74
12.97
10.99
42.73
38.39
13.03
24.43
0.47
27.52
0.48
2.39
1.62
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
2.23
FirstEnergy
(11.70)
NextEra Energy
9.08
NiSource Inc.
0.82
PG&E Corp.
4.35
Pub Sv Ent
1.03
Southn Co.
0.55
1.3005
1.44
3.8175
0.70
2.04
1.70
2.28
27.96
14.11
52.01
12.60
35.39
26.01
25.00
(Shares in
thousands)
Yields (%)
When
Last
Issued*
Auction
M
$42.0 bil
$36.0 bil
3-month
6-month
1.266
1.378
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
Coming U.S. Auctions
Day
Nov. Yr-to-Yr
2016 % Chg
18.70
14.27
21.41
21.41
–5.88
5.22
8.61
12.22
1.83
–1.87
–4.56
–2.96
7.30
–6.16
WEEKLY VOLUME BY MARKETS
IN NYSE-LISTED STOCKS
Utility Stocks
AES Corp.
(1.17)
Am Elec
3.83
American Water Works
2.95
CenterPt Energy
1.37
Con Ed
3.99
Dominion Energy
3.39
Duke Energy
3.03
Edison Int'l
4.43
Nov 2
2017
S&P 500 Index
2566.33 2579.85 2162.00
Barron's 50 Index
8030.31 8077.74
7027
Projected quarterly earn
101.15 99.48 83.31
Annualized projected earn 404.60 397.92 333.25
Annualized projected P/E
19.85 20.30
21.1
Five-year average earn
360.60 360.26 342.72
Five-year average P/E
22.27 22.42
20.5
Year-end earn
372.89 371.22 332.29
Year-end P/E
21.54 21.76
21.1
Year-end earns yield, %
4.64
4.60
4.7
Best grade bond yields, %
3.19
3.18
3.34
Bond yields/stock ylds, %
0.69
0.69
0.71
Actual year-end divs
188.45 187.64 175.63
Actual yr-end divs yld, %
2.35
2.32
2.50
Industrial Stocks
1.185
1.300
* As of Friday afternoon.
DISTRIBUTIONS & OFFERINGS
Secondary Distributions of common stocks
AAM
15,000,000
$17.55 $263,250,000
ADMA Biologics
17,000,000
$2.15
$36,550,000
Allegheny Technologies
17,000,000
$24.00 $408,000,000
Atento SA
12,300,000
$9.00 $110,660,000
Centennial Resource Development 25,000,000
$20.20 $505,000,000
Neovasc
25,680,000
$1.46
$37,490,000
OneMain Holdings
10,000,000
$26.00 $260,000,000
Pareteum
13,040,000
$0.92
$12,000,000
ProPetro Holding
12,000,000
$15.50 $186,000,000
Redhill Biopharma Ltd
40,900,000
$5.50
$22,500,000
SRC Energy
35,000,000
$8.00 $280,000,000
Vical
14,290,000
$1.75
$25,000,000
Prev.
Week
1,014,567
1,053,686
641,443
0
96,710
266,086
1,004,105
538,658
0
1,660,532
6,428,023
0
4,361,285
15,741
1,113,593
78,002
18,272,430
1,063,797
1,126,707
680,644
0
69,530
283,321
1,005,107
539,841
0
1,749,948
6,496,163
0
4,411,355
19,677
1,182,580
87,617
18,716,287
Year
Ago
1,615,349
1,172,470
682,232
0
44,086
619,875
1,556,509
519,203
0
2,802,537
8,268,225
4,123
5,865,967
0
1,834,953
186,413
25,171,943
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
64.6%
68.2%
71.3%
Current Market Exposure: 100% Equities, 0% Bonds, 0% Cash
Source: Delta Investment Management
www.deltaim.com, (415) 249-6337
Source: Dealogic LLC, New York City; (212) 577-4400.
U.S. DOLLAR INDEX vs EURO and YEN
Dollar Dip: The Fed’s Dollar Index last week dropped to 94.39 from 94.92 as investors worried about the big differences in House and Senate tax-reform plans.
20
EURO in $
10
DXY (94.39)
s
DJ Ind Avg
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
DJ Trans Avg
P/E Ratio
Earns Yield %
Earns $
Divs Yield %
Divs $
Mkt to Book
Book Value $
DJ Utility Avg
P/E Ratio
Earns Yield %
Earns $
Prev.
Week
BARRON'S 50-STOCK AVERAGE
This index is an weighted average of 50 leading issues.
Useful in security valuation. Source: Barron's Stats
YEN in $
s
Last
Week
PER SHARE VALUES OF STOCKS IN THE DOW
JONES AVERAGES
s
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
0
-10
D
J
F
M
A
M
J
J
A
S
O
N
Source: Tullett Prebon
M36
BARRON’S
November 13, 2017
Market Laboratory
CONSENSUS OPERATING EARNINGS ESTIMATES FOR DOW INDUSTRIALS
Company
2017 EPS1
4 Wks
Ago
Cur
2018 EPS1
2017 4 Wks
2018
P/E2
Ago
Cur P/E2
Company
3M
American Express
Apple
Boeing
Caterpillar
Chevron
Cisco Systems
Coca–Cola
Disney
DowDuPont
Exxon Mobil
General Electric
Goldman Sachs
Home Depot
IBM
Intel
8.96
5.74
9.47
10.03
5.27
3.99
2.39
1.90
5.93
3.29
3.44
1.54
18.19
7.33
13.77
3.01
25.1
16.0
18.3
25.8
21.1
29.2
14.2
24.3
17.6
21.8
23.6
18.7
12.6
22.3
10.9
14.2
Johnson & Johnson 7.18
7.28
McDonalds
6.56
6.53
Merck
3.87
3.94
Microsoft
3.31
3.46
Morgan (J.P)
6.80
6.92
Nike
2.25
2.25
Pfizer
2.56
2.59
Procter & Gamble
4.03
4.04
Travelers
7.37
7.19
United Technologies 6.57
6.61
UnitedHealth
9.87
9.99
Verizon
3.76
3.76
Visa
3.55
3.60
Wal–Mart Stores
4.37
4.37
Median
DJ Industrials
1213.90 1233.45
9.09
5.85
9.61
10.19
6.40
4.02
2.39
1.90
5.82
3.22
3.56
1.07
19.07
7.34
13.80
3.25
9.45
6.36
11.31
10.82
6.65
4.92
2.49
1.98
6.46
4.10
3.84
1.65
19.88
8.31
13.83
3.10
9.63
6.47
11.71
11.09
7.81
5.11
2.49
1.98
6.41
4.07
4.07
1.14
20.35
8.32
13.93
3.24
23.7
14.5
15.0
23.7
17.3
22.9
13.7
23.4
16.0
17.2
20.6
17.5
11.8
19.6
10.8
14.3
2017 EPS1
4 Wks
Ago
Cur
1Earnings estimates are for calendar years. 2Based on latest earnings estimate.
EARNINGS SCOREBOARD
2018 EPS1
2017 4 Wks
2018
P/E2
Ago
Cur P/E2
Last Week's Major Surprises
19.3
7.74
7.85
25.6
6.97
7.00
14.2
4.18
4.09
24.3
3.38
3.52
14.1
7.57
7.64
24.9
2.46
2.48
13.6
2.76
2.75
21.7
4.32
4.29
18.7
9.58
9.55
17.9
6.86
6.84
21.2 10.85 10.83
12.0
3.82
3.86
31.2
4.16
4.24
20.7
4.62
4.63
20.0
19.0 1338.67 1359.06
Company
17.9
23.9
13.7
23.9
12.8
22.7
12.8
20.5
14.1
17.3
19.5
11.7
26.5
19.5
17.4
17.3
Source: Thomson Reuters.
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
+ 6.08 –15.17
+6.03
[1] –11.37 [136] –12.43 [135]
–4.25 126.35 100.14
+ 40.33 334.31
+4.86
[2] +67.19
[1] +62.35
[1] +19.58 871.29 516.05
+ 7.13 37.07
+4.55
[3] +44.81
[8] +29.26 [22]
+1.18 163.74 112.99
+ 18.96 59.75
+3.67
[4] +10.85 [91] +12.58 [72]
+2.58 557.75 473.89
+ 14.36 –113.15
+3.62
[5] –14.12 [140] –21.57 [142] –14.36 545.06 371.81
+ 39.71 37.65
+3.36
[6]
+9.84 [96]
+3.18 [110]
+5.83 1,346.60 1,129.64
+ 28.98 215.33
+3.27
[7] +26.58 [34] +30.79 [20]
+4.14 917.66 676.87
+ 24.89 18.12
+3.14
[8]
+8.46 [99]
+2.26 [114]
+5.16 901.61 764.81
+ 10.59 66.94
+2.91
[9] +34.40 [22] +21.76 [40]
+.77 374.73 280.32
+ 19.66 –78.69
+2.84 [10] –11.60 [137]
–9.95 [134]
–3.08 864.54 651.00
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
DJUSHB
Home Construction
870.49 + 40.33 334.31
+4.86
[2] +67.19
[1] +62.35
[1] +19.58 871.29 516.05
DJUSLG
Hotels
1867.58 – 32.93 528.43
–1.73 [119] +56.64
[2] +39.46
[7] +16.90 1,910.91 1,199.24
DJUSCR
Computer Hardware
2398.46 + 28.44 740.78
+1.20 [36] +54.75
[3] +44.69
[3] +14.68 2,415.41 1,535.72
DJUSMF
Mortgage Finance
7.86
+ .04
2.17
+.55 [49] +53.85
[4] +38.24
[9] +10.99
8.03
5.07
DJUSSC
Semiconductor
3326.33 + 3.69 946.32
+.11 [60] +53.07
[5] +39.76
[6] +22.89 3,368.16 2,212.64
DJUSAL
Aluminum
137.40 – 13.13 47.70
–8.72 [142] +47.80
[6] +53.17
[2]
+.51 159.99
89.71
Technology Hardware & Equip DJUSTQ
1487.16 + 6.46 401.44
+.44 [53] +46.07
[7] +36.97 [12] +16.09 1,502.59 1,025.20
DJUSES
Real Estate Services
163.74 + 7.13 37.07
+4.55
[3] +44.81
[8] +29.26 [22]
+1.18 163.74 112.99
DJUSSW
Software
1806.84 – 6.49 494.42
–.36 [75] +40.04
[9] +37.67 [11] +17.05 1,823.97 1,278.60
DJUSAS
Aerospace
1340.53 – 22.55 348.51
–1.65 [115] +39.88 [10] +35.13 [16] +15.74 1,370.49 953.82
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
IG-Sym
DJUSRL
Retail REITs
DJUSHB
Home Construction
DJUSES
Real Estate Services
DJUSCM
Personal Products
DJUSOI
Oil Equipment & Svcs
DJUSBC
Brdcst & Entertainment
DJUSCA
Gambling
DJUSME
Media
Real Estate Investmt & Svcs DJUSRH
DJUSRA
Apparel Retailers
Close
106.83
870.49
163.74
534.91
411.39
1223.31
914.67
818.45
374.50
712.29
TRADING SUSPENDED
Nasdaq
Bon-Ton Stores (BONT)
Dimension Therapeutics (DMTX)
Fifth Street Asset Management (FSAM)
Lombard Medical (EVAR)
TearLab (TEAR)
NYSE
Bankrate (RATE)
NYSE American
None
Ticker
Period
SUN
SATS
HRI
DDS
GOL
TGH
TPIC
BSM
NKTR
NS
GLP
SND
3Q
3Q
3Q
3Q
3Q
3Q
3Q
3Q
3Q
3Q
3Q
3Q
Coming Earnings
Cons.
Est.1
Actual
Net Per
Share
0.31
0.11
0.15
0.18
0.52
0.13
0.23
0.16
0.18
0.26
0.24
0.10
1.08
0.36
0.45
0.52
1.49
0.33
0.58
0.38
0.37
0.49
0.44
0.17
Positive
Sunoco
Echostar
Herc Hldgs
Dillard
Gol Linhas Aereas Inteli
Textainer Grp Hldgs
Tpi Composites
Black Stone Minerals
Nektar Therapeutics
Nustar Energy Lp
Global Partners Lp
Smart Sand
Negative
Maiden Hldgs
MHLD
3Q
0.09
-0.66
Silver Spring Networks
SSNI
3Q
0.01
-0.54
Orion Grp Hldgs
ORN
3Q
0.06
-0.18
Dcp Midstream Lp
DCP
3Q
0.19
-0.41
Fly Leasing
FLY
3Q
0.34
-0.43
Halcon Resources
HK
3Q
0.05
-0.06
Pdc Energy
PDCE
3Q
0.03
-3.85
Veritiv
VRTV
3Q
1.00
-0.91
Navigator Hldgs
NVGS
3Q
0.03
-0.02
Amtrust Fin'l Services
AFSI
3Q
0.09
-0.04
Vitamin Shoppe
VSI
3Q
0.17
-0.03
Genmab
GNMSF
3Q
2.07
-0.09
1Latest consensus estimate among industry analysts, as compiled
by Thomson Reuters before actual earnings were reported.
Last Week's Major Estimate Changes
Company
Ticker
FY
End
Prev.
Fri.
Cons.
Last
Fri.
Cons.
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
17-Dec
0.01
-0.07
0.02
0.09
-0.05
-0.14
-0.90
0.09
0.02
0.04
-0.20
-0.17
0.05
0.04
0.04
0.17
-0.01
-0.05
-0.37
0.14
0.03
0.06
-0.11
-0.10
Positive
Five9
Apache
Denbury Resources
Varonis Systems
Q2 Hldgs
Manitowoc
Sunpower
Lattice Semiconductor
Truecar
Sandstorm Gold
Aixtron
Blackline
FIVN
APA
DNR
VRNS
QTWO
MTW
SPWR
LSCC
TRUE
SAND
AIXXF
BL
Negative
Cameco
CCJ
17-Dec
0.01
-0.07
Sunopta
STKL
17-Dec
0.01
-0.06
Euronav Nv
EURN
17-Dec
0.03
-0.12
Rent-A-Center
RCII
17-Dec
0.01
-0.16
Community Health Sys
CYH
17-Dec
-0.47
-1.26
Channeladvisor
ECOM
17-Dec
-0.03
-0.08
Three-D Systems
DDD
17-Dec
0.10
-0.05
Green Plains
GPRE
17-Dec
-0.29
-0.70
Freightcar America
RAIL
17-Dec
-0.40
-0.95
Orbcomm
ORBC
17-Dec
-0.36
-0.84
Avon Products
AVP
17-Dec
0.10
-0.01
Cyrusone
CONE
17-Dec
-0.29
-0.60
1Latest consensus estimate among industry analysts, as compiled
by Thomson Reuters.
Day
Consensus
Estimate
Year
Ago
Continued from page 13 of the main section.
T
ADVANCE AUTO PARTS (3Q)
1.22
1.73
TJX (3Q)
1.00
0.91
KULICKE & SOFFA INDS (4Q)
0.35
0.15
HOME DEPOT (3Q)
1.82
1.60
DICK'S SPORTING GOODS (3Q)
0.26
0.48
W
SALLY BEAUTY HOLDINGS (4Q)
0.47
0.41
CHILDRENS PLACE (3Q)
2.46
2.29
HILLENBRAND (4Q)
0.58
0.58
L BRANDS (3Q)
0.30
0.42
NETAPP (2Q)
0.69
0.60
TARGET (3Q)
0.85
1.04
SPIRE (4Q)
–0.26 –0.32
CISCO SYSTEMS (1Q)
0.60
0.61
Th
ROSS STORES (3Q)
0.67
0.62
GAP (3Q)
0.54
0.60
J M SMUCKER (2Q)
1.90
2.05
BRADY (1Q)
0.48
0.44
VIACOM (4Q)
0.86
0.69
APPLIED MATERIALS (4Q)
0.91
0.66
CATO (3Q)
0.00
0.30
SHOE CARNIVAL (3Q)
0.62
0.54
Wal-Mart Stores (3Q)
0.97
0.98
POST HOLDINGS (4Q)
0.93
0.61
MATTHEWS Int'l (4Q)
1.09
1.08
WILLIAMS-SONOMA (3Q)
0.84
0.79
HELMERICH AND PAYNE (4Q)
–0.19 –0.33
BEST BUY (3Q)
0.78
0.60
F
FOOT LOCKER (3Q)
0.80
1.13
HIBBETT SPORTS (3Q)
0.21
0.66
BUCKLE (3Q)
0.39
0.48
ABERCROMBIE & FITCH (3Q)
0.21
0.02
(Earnings are diluted and report dates are tentative. All forecasts and historical numbers exclude extraordinary items by
accounting definitions.)
Source: Thomson First Call
SELECTED INITIAL PUBLIC OFFERINGS
Bandwidth
Erytech Pharma
Sogou
CBTX
Metropolitan Bank
Meridian Bank
Ticker
Code
Initial
Offer
Price
Most
IPO Recent
Date Price
BAND
ERYP
SOGO
CBTX
MCB
MRBK
20.00
23.26
13.00
26.00
35.00
17.00
11/10
11/10
11/9
11/8
11/8
11/7
21.19
24.75
13.85
29.25
36.99
18.25
%
Chg
6.0%
6.4%
6.5%
12.5%
5.7%
7.4%
PULSE OF THE ECONOMY
Only includes new reports. For complete table, see barrons.com
Economic Growth and Investment
Latest
Date
Latest
Data
Preceding
Period
Year
Ago
YroYr
% Chg
Production
70,053
89.6
1,110
1,715
73.6
68,634
88.1
1,090
1,739
74.6
69,752
87.1
744
1,602
67.5
0.43
2.87
49.19
7.05
9.04
Nov 4
Nov 10
Sept
–1.02
1,464
480,524
–1.28
1,476
r474,487
0.21
1,045
442,791
….
40.10
8.52
Nov 3
Nov 3
Sept
457,143
209,537
609,535
454,906
212,849
r607,470
485,010
220,963
582,472
–5.75
–5.17
4.65
Inventories
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) ...........
Gasoline, (thous. bbls) ..................................................................
Wholesale inventories, (mil. $) ......................................................
Orders
No Activity for this Week
Preceding
Period
Year
Ago
YroYr
% Chg
Nov 10
108.53
107.50
96.56
12.40
Nov 4
Oct 28
Sept
Sept
Sept
239
1.901
6,093
5,273
5,240
229
1.884
r6,090
r5,420
r5,273
250
2.050
5,666
5,179
4,942
–4.40
–7.27
7.54
1.82
6.03
Nov 10
0.33
r0.31
–0.27
….
No Activity for this Week
Nov 4
Nov 3
Nov 10
Nov 4
Nov 4
Consumption and Distribution
Instinet Research Redbook Avg. (monthly %) ................................
Baltic Dry Index .............................................................................
Wholesale sales, (mil. $) ...............................................................
Latest
Data
Trade
No Activity for this Week
Electric power, (mil. kw hrs) (EEI) ..................................................
Petroleum, related capacity, % ......................................................
Rotary rigs running, U.S. & Can., (Hughes) ....................................
Steel, (thous. tons) ........................................................................
Steel, rated capacity, % (AISI)........................................................
Latest
Date
Inflation
JOC–ECRI Industrial Price Index f ..................................................
Employment
Initial jobless claims (thous.) ........................................................
Continuing claims (mil.) ................................................................
Job openings, (thous.) ..................................................................
Hires, (thous.) ...............................................................................
Total separations, (thous.).............................................................
Construction
No Activity for this Week
Other Indicators
Citi Research Panic–Euphoria Reading ..........................................
a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. r-Revised.
November 13, 2017
BARRON’S
M37
Market Laboratory
WEEK’S NEW HIGHS AND LOWS
Weekly Comp.
New Highs
New Lows
NYSE
WEEK’S NEW HIGHS AND LOWS
CMSevenStarAcqnRt
CMSevenStarUn
CoastwayBancorp
Cognex
Coherent
CommVehicle
CoStarGroup
CraftBrewAlliance
Cresud
CumberlandPharm
CypressSemi
DASAN Zhone
DavisUSEquity
DavisWorldwide
DentsplySirona
Descartes
DiamondbackEner
DicernaPharma
Diodes
DollarTree
DoubleEagleWt
DraperOakwoodRt
DraperOakwoodWt
Ebix
EducDev
ElectroScientific
EnantaPharma
EnphaseEnergy
EnsignGroup
EntegraFin
NYSE Amer Nasdaq
356
205
17
23
352
261
NYSE AMER
ArconicPfd
Ashford
CentralSecs
Chase
CheniereEnergy
AmericanLorain
AurynResources
BallantyneStrong
Biotime
BlkRkMD Muni
CRH Medical
NEW HIGHS
CloughGlblDiv LadenburgThalmann
CloughGlbEqFd NE Realty
CloughGlblOpp OrientPaper
LGLRtWi
PowerREIT PfdA
SparkNetworks
StoneEnergyWt
TrioTech
WirelessTel
NEW LOWS
CanFiteBiopharm IMPAC Mortgage
Cohen
Inuvo
ContangoO&G IsoRay
Daxor
KelsoTechs
eMagin
KlondexMines
Gabelli6%CumPfdA PacGE pfB
RegionalHlthProp
RegionalHlthPfdA
SolitarioZinc
UniqueFabricating
UnvlSecInstr
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
2U
Abiomed
AdobeSystems
Aegion
AirTransportSvcs
AlignTech
AlliedMotionTech
ALPS/DorseyMom
Altaba
AltairEngg
Amazon.com
AmeriServFin
AnalogDevices
ApellisPharm
Apple
ArcBest
ArenaPharm
ArrowInvDWATact
ASML
Atlassian
AxoGen
BallardPower
Biomerica
BisonCapAcqn
BisonCapAcqn
BldrsAsia50ADS
BldrsDev100
BlueprintMed
Broadcom
BroadSoft
BuildersFirstSrc
CabotMicro
CadenceDesign
CalamosGlblTot
CalamsGlblDynInc
CallidusSoftware
CalumetSpecialty
CambiumLearning
CanadianSolar
CanterburyPark
CatalystPharma
Cavium
CboeGlobalMkts
CBTX
Celcuity
CentennialRsc
CenturyCasinos
ChartIndustries
ChemungFinl
ChinaInfoTech
ChinaInternet
ChinaRecycling
ChromaDex
CitiusPharmWt
ClearBr AC Grw
ClearBrDivStrat
ClearBrLCGrw
CMSevenStarAcqn
NEW HIGHS
Equinix
IPG Photonics
EsquireFinancial iSectorsPostMPT
EuroTech
iShAsia50ETF
iShCommodSelStrat
Everbridge
EXACT Sci
iShCoreMSCITotInt
Exactech
iShCoreS&PUSGrowth
ExpeditorsIntl
iShMSCIACWIETF
Fanhua
iShMSCIACWIexUSETF
FARO Tech
iShMSCIACxJpn
FidelityNasdComp iShMSCIChinaETF
iShMSCIEAFEESGOpt
FirstSolar
FirstUnited
iShMSCIEMESGOpt
iShMSCIEmMkAsia
Five9
FiveBelow
iShMSCIEMxChina
iShMSCIUSAESGOpt
Flex
ForresterResearch iShPHLXSemicond
FoundationMed JackHenry
FS Bancorp
JensynAcqn Rt
FSB Bancorp
Joint
FT APxJapan
KellyServices A
FT CanadaAlpha Kingstone
FT CapStrength KingtoneWrls
FT CloudComp Kulicke&Soffa
FT DevMktsXUS KuraOncology
FT DorseyFoc5 LamResearch
FT DorseyIntl5 Lantheus
FT EnhShtMat
LendingTree
FT GlbNatRscs LGI Homes
FT JapanAlpha LigandPharm
FT LC CoreAlpha LimelightNetworks
FT LC US Equity LivaNova
FT MC GrwthAlpha LumosNetworks
FT MC US Equity MarinusPharma
FT MCGrAlpDX Marriott
FT Nasd100Tech MarvellTech
FT NasdCleanEdge MatchGroup
FT NasdGlblAuto MaximIntProducts
FT NasdSemicon MedallionFinNts
FT NasdSmartphone MelcoResorts
FT NasdTechDiv MeridianBank
FT RiverFrDynAP MGPIngredients
FTMuniHiIncm MicrochipTech
MMACapitalMgmt
FullHouse
Garmin
MonolithicPower
MonsterBeverage
GDSHoldings
GilatSatellite
NanoVibronix
GladstoneCommPfA Nathan's
GladstoneInvt
NatlEnerSvs
GlbPartnerAcqnWt NektarTherap
GlbX Robotics&AI Neogen
GlbXConsciousCos NetApp
GlbXFinTech
Neurocrine
GlbXInternetThings NewaterTech
GlbXMillThematic NewsCorp A
GlbXS&P500Catholic NewsCorp B
GldstoneComrc pf NICE
GolarLNG PfdA NuvNasd100Dyn
GoldenEnt
NVE
PumaBiotech
PwrShDWA Mom
PwrShDWAMom
PwrShDWANasdMom
PwrShDWATactical
PwrShDynFinl
PwrShDynHlthcr
PwrShDynTech
PwrShFTSEIntlLow
PwrShGlbWater
PwrShIntlBuyBack
PwrShQQQ 1
PwrShWaterRscs
QAD A
QAD B
Qorvo
Qualys
Radware
Rapid7
RCI Hospitality
RedRockResorts
Retrophin
ROBOGlblRobotics
Roku
SageTherap
SareptaTherap
SBA Comm
SEI Investments
ShotSpotter
Skyworks
SMTC
SolarEdgeTech
SperoTherap
Splunk
SpringBkPharm
SprottFocus
StaarSurgical
StarsGroup
SunHydraulics
SuperCom
Synopsys
TabulaRasaHlth
TakeTwoSoftware
Talend
TechTarget
TetraTech
TexasInstruments
TheBancorp
TivityHealth
TowerSemi
TransActTechs
TrilliumTherap
Trupanion
TrustcoBank
TwinDisc
UniversalDisplay
UroGenPharma
USA Tech
21stCenturyFoxA
21stCenturyFoxB
AcaciaComms
AcadiaHealthcare
AchieveLifeSci
ACM Research
ADMA Biologics
AethlonMedical
AileronTherap
Airgain
AkersBiosciences
AkoustisTechs
AlcentraCapital
Alkermes
AlliquaBioMed
AmbacFin
AmbacFinWt
AMC Networks
AmCapSeniorFloat
AmerOutdoor
AmTrustFinSvcs
Andersons
ANGI Homesvcs
AntaresPharma
ApellisPharm
AppliedGenetic
AquinoxPharm
ArcadiaBiosci
Astrotech
Atomera
AvidTechnology
AxonEnterprise
BedBath
Big5SportingGoods
Biocept
BisonCapAcqn
BisonCapAcqnRt
BlackRidgeAcqn
BlackRidgeAcqnWt
BlackRockCapInvt
BravoBrioRestr
BroadwindEnergy
BurconNutraScience
CafePress
CalFstNBcp
CambridgeBncp
CapitalaFinance
CapitolFedFin
Cardtronics
CarrolsRestr
CarverBancorp
GRAVITY
NVIDIA
Groupon
ON Semi
GSV Capital
OncoSecMedical
GTx
Onvia
H&E Equipment OptiNose
HailiangEduc
Orbotech
HalozymeTherap OrganicsETF
HamiltonLane
OrigoAcqnRt
Hardinge
OrthoPediatrics
HealthEquity
Otelco
HeritageFin
Overstock
HollysysAuto
PAM Transport
HorizNasd100 PatriotNatlBncp
Hortonworks
PayPal
I-AM Capital
PCSB Fin
IAC/InterActive PennNational
Icon
Perceptron
ICU Medical
PilgrimPride
II-VI
PinnacleEnt
ILG
PlugPower
Immucell
Presidio
InfinityPropCas PrincipalHlthInnov
InflaRx
PrincipalIntlMulti
Inogen
PrincipalPriceSet
PrincplMillennials
Insulet
IntegratedDevice ProfireEnergy
InternetInitiat
ProShEquRising
Intricon
ProShUltPrQQQ
Intuit
ProvidenceService
IntuitiveSurgical ProvidentBancorp
NEW LOWS
CMSevenStarUn INC Research
CoherusBioSci IndustreaAcqnWt
Compugen
Infinera
ConsldComm
InflaRx
ConstellAlphaWt InfoSonics
Criteo
Innodata
CTI Ind
InovioPharma
CUI Global
iPass
Curis
iSh1-3YTreasuryBd
CytoriTherapWt iShESG1-5YCpBd
CytRx
iShMSCIQatarCapped
DarioHealth
JaguarHealth
DBVTechnologies JAKKS Pacific
DelMarPharm
KayneAnAcqn
DifferentialBrds KEYW
DiffusionPharm LaureateEduc
DigitalAlly
LexiconPharm
Egalet
LibertyTax
ElbitImaging
LibertyTripAdvA
ElevenBiotherap LibertyTripAdvB
ElmiraSvgsBank LifePointHealth
ElPolloLoco
LiquiditySvcs
ENDRA LifeSci magicJackVocal
Energous
ManhattanAssoc
ENGlobal
MartinMidstream
Essendant
MaxwellTechs
FAT Brands
MeetGroup
FC GlblRealty
MeridianBank
FederalStrAcqn Middleby
FibrocellScience MinervaNeurosci
Finisar
MongoDB
FivePrimeTherap NaturalHlthTrends
FogodeChao
NavigatorsGroup
ForescoutTechs Net1UEPS
ForwardPharma NetSolTech
Fossil
NovelionTherap
Fred's
Novogen
FrontierComm NumereX
FrontierCommPfA OasmiaPharm
FT SMID CapRising ObalonTherap
FTD
OcularTherapeutix
FulgentGenetics OFSCapital
GenMarkDiagn OPKOHealth
GenoceaBiosci OptiNose
GlobalEagle
OriginAgritech
Goodyear
Otonomy
GreatElmCap
OxbridgeRe
GreenPlains
OxbridgeReWt
GuarantyBcshrs OxfordImmunotec
Gulf Resources PacBiosciCA
HabitRestaurants PapaJohn's
USA Truck
VangdRuss1000
VangdRuss1000Grw
VangdRuss3000
VangdTotalCpBd
VangdTotIntlBd
VascularBiogenics
VeriskAnalytics
VicShIntlVolWtd
VicShUS500EnhVol
VicShUS500Vol
VicShUSMultMin
VidentIntlEquityFd
ViperEnergyPtrs
Virtusa
VitalTherapies
VSInverseVIXSTerm
Weibo
WisdTrChinaxSOE
WisdTrJapanHdgSC
WisdTrUSQltyDiv
Woodward
WynnResorts
Xilinx
XOMA
Xunlei
YulongEcoMat
ZAGG
Zogenix
Zynga
RamacoRscs
RaPharm
RealIndustry
RedHillBio
ReShapeLifesci
RestorationRob
RevolutionLight
RISE Education
RitterPharm
RMG Networks
RosettaGenmcs
RXiPharmWt
SabraHealthcare
SalemMedia
Sanfilippo
SearsHoldings
SearsHoldingsWt
SelectaBiosci
SentinelEnerUn
SequentialBrands
ServiceSource
Shutterfly
SonomaPharm
SparkEnergy
SpartanNash
SPIEnergy
SteinMart
Stericycle
StericyclePfdA
StrataSkinSci
Sunworks
TapImmune
Tecogen
TeleNav
Teligent
TESARO
TherapixBiosci
TileShop
TopImageSys
TOR Minerals
Travelzoo
Trevena
TripAdvisor
TrueCar
UltragenyxPharm
UnivElectro
UrbanOne D
USAutoPartsNtwk
VandaPharm
VangdSTGovBd
VangdTotalCpBd
CONFERENCE CALL CALENDAR
Earnings - Related
Company
Advance Auto Parts
Best Buy
Cisco Systems
Foot Locker
Gap
Helmerich and Payne
Home Depot
Ross Stores
TJX Companies
Tyson Foods
Viacom
Source: CCBN, www.ccbn.com
Date
Time
Earnings-Related Period
November 14
November 16
November 15
November 17
November 16
November 16
November 14
November 16
November 14
November 13
November 16
8:00AM
8:00AM
4:30PM
9:00AM
5:00PM
11:00AM
9:00AM
4:15PM
11:00AM
9:00AM
8:30AM
Q3
Q3
Q1
Q3
Q3
Q4
Q3
Q3
Q3
Q4
Q4
WEEK’S NEW HIGHS AND LOWS
CAS MedSys
CBTX
CECO Env
Celgene Rt
Cemtrex
Cenveo
Ceragon
CheckpointTherap
Cherokee
CHF Solutions
CleanDiesel
ClearOne
CM Finance
CMSevenStarAcqn
CMSevenStarAcqnRt
HalladorEnergy
HarvestCapCredit
HawaiianHoldings
Hawkins
HenrySchein
Hexindai
HomeBancShares
HostessBrands
HostessBrandsWt
HoughtonMifflin
HudsonTech
IconixBrand
Ikonics
Immersion
ParkerVision
Patterson
PCM
PerionNetwork
PetIQ
Precipio
Premier
PrincipalIntlMulti
ProfDiversity
ProQR Therap
ProShUltraProShQQQ
ProteostasisTher
QuantennaComms
Radisys
VeecoInstr
Veracyte
Versartis
Vical
VicShEMHiDivVol
VirtuFinancial
VS2xVIXShortTerm
VSVIXShortTerm
WestmorelandCoal
WestwaterRscs
WheelerREITPfdD
WPP
ZealandPharma
Ziopharm
NYSE
AT&T Nts 2066
AberdeenGrChinaFd
AberdeenJapanEqu
AberdeenSingapore
Accenture
AdamsDivEquityFd
Aegon
AlamoGroup
Albemarle
AlexandriaRealEst
AllianzGIDivIncm
Allstate
AllyFinancial
AlonUSAPartners
Alteryx
Ameren
Ameresco
AEP
AmEqtyLf
AmericanExpress
AmHomes4RentPfdF
AmerTowerPfdB
AmerTowerREIT
AmerWaterWorks
Amphenol
Andeavor
Anthem
AnthemUn
ApolloGlMgmtPfdA
AquaAmerica
Aquantia
AristaNetworks
ArmadaHoffler
ArtisanPtrsAsset
AsiaPacificFund
AspenAerogels
AtmosEnergy
BBX CapitalA
BCE
BP
BkNovaScotia
BectonDickinson
BectonDickinsonPfA
Bio-RadLab A
Bio-RadLab B
BlkRkCB Tr
BlkRkMuniIncm
BlkRkRscs&Comm
BlkRkSci&Tech
Boeing
BroadridgeFinl
BrookfieldDTLAPf
CBRE Group
CF Industries
CMS Energy
CNA Fin
CNOOC
CVR Energy
CVR Refining
Cabot
CabotOil
CadenceBancorp
CalAtlantic
CalWtrSvc
CanadaGoose
CanNaturalRes
Canon
Care.com
Carters
CatchMarkTimber
ChathamLodging
ChimeraInvPfdA
ChinaFund
ChoiceHotels
Cigna
ChnStrsGlbInc
ColonyNorthPfdJ
CLSelPrTechGrFd
CommunityHlthcr
ConchoRscs
ConocoPhillips
ConEd
ContinentalBldg
Cooper-Standard
CorEnergyInfr
NEW HIGHS
CrownCastlePfdA KeysightTechs
CubeSmart
Koppers
CurtissWright
KosmosEnergy
DCT Industrial Kraton
KronosWorldwide
DXC Tech
Danaher
Kyocera
Deere
LINE
DelekUS
LambWeston
DeutscheMultiMkt LasVegasSands
DriveShackPfdB LazardGlblFd
DriveShackPfdD Lennar A
DukeEnergy
Lennar B
EMCOR
LibertyAllStar
EPAM Systems LibertyProperty
EtnVncEqtyInco LifeStorage
EtnVncTxAdvDiv LiveNationEnt
Ecopetrol
Loews
EntercomCommsWi LomaNegra
Entergy1stMtgBd Luxfer
EntergyMS Bds MI Homes
EquityResdntl
MSCI
EsteeLauder
MVC Capital
EversourceEner MainStreetCap
ExtraSpaceSt
ManchesterUnited
FactSet
Manitowoc
FairIsaac
Manpower
FangHoldings
ManulifeFin
FederatedInvest MarathonPetrol
FidelityNatlFin
Marcus&Millichap
MarriottVacations
FirstAmerFin
FirstIndRlty
MatadorResources
FT EnhEquity
McDonalds
FirstCash
Medifast
FirstEnergy
MetropolitanBk
FlahertyPfdIncm MichaelKors
Fortis
MiXTelematics
FourCornersProp ModineMfg
FourSeasonsEduc MolinaHealthcare
MonmouthRealEst
GAMCO PfdA
GTT Comm
MS Asia
Gallagher
NRG Energy
GasLog
NRG Yield A
GenAmInv
NTTDoCoMo
GeoPark
NVR
GeorgiaPwrNt77 NamTaiProperty
GlbNetLeasePfdA NatlPrestoInds
GlobalPayments NatlStorage
GlobusMedical NaviosMaritimPf
GoDaddy
NaviosMariPfdH
NewIrelandFundRt
GraniteConstr
GreatPlainsEner NewRelic
GreenDot
NexPointResidentl
GrubHub
NiSource
GuggStratOpps NorthstarRltyEur
GuidewireSoftware NuvDow30Dyn
HFF
NuvEMDebt2022
Haemonetic
NuvMtgOppTermFd
HanoverIns
OM AssetMgmt
OaktreeSpecNts24
HercHoldings
HeritageInsurance Oppenheimer A
HighlandFROpps OrionEngCarbons
Hilton
PBF Energy
HollyFrontier
PGT Innovations
HondaMotor
PaycomSoftware
Honeywell
PembinaPipeline
HoraceMannEdu Penumbra
DR Horton
PetroleoBrasilA
HostHotels
PlanetFitness
HuntingtonIngalls PortlandGenElec
HyattHotels
Praxair
IDACORP
PrefApartment
IONGeophysical Primerica
Ingevity
PrincipalFin
Ingredion
Progressive
Insperity
Prologis
IntlFlavors
ProPetro
InterXion
PublicStoragePfE
Invacare
PulteGroup
InvestorsRE PfdC PureStorage
InvitationHomes QTS Realty
JaggedPeakEner QuakerChemical
JanusHenderson QuintilesIMS
JapanSmlCap
RPC
JonesLangLaSalle Rayonier
KAR Auction
RedHat
RiverNorthMktPfA
RoperTech
RoyalCaribbean
RoyalDutchA
RoyalDutchB
RoyceValue
StoreCapital
SabineRoyalty
SafeBulkers
Salesforce.com
SantanderConUSA
ScorpioBulkNt19
ScottsMiracleGro
SemicondctrMfg
SempraEnergy
ServiceCorp
SimonPropPfdJ
SiteOneLandscape
SixFlags
Sogou
SolarisOilfield
Sony
SpecialOppFdPfB
SpiritAeroSys
Square
StanleyBlackDck
StanleyBlackDeckUn
StarwoodWaypt
Statoil
StellusCap5.75Nt22
STMicroelec
Strats PG GJR
SunCommunities
SuncorEnergy
TE Connectivity
Telus
TPGPaceWt
TaiwanFund
TaiwanSemi
TaroPharm
TeekayOffshrPfB
TeledyneTech
Teradyne
Textainer
ThirdPointReins
Total
TotalSystem
ToyotaMotor
TrancntlRlty
Tri-Continental
TriNet
Triple-S Mgmt
TritonIntl
Tronox
TsakosEnergyPfdD
TsakosEngyNavPfdE
TwoHarborsPfdB
TysonFoods
UMHPropPfdC
UnitedRentals
UnitedHealth
UnumGroup
Visa
VailResorts
VersumMaterials
VirtusGlbDiv&Incm
VirtusGlbMulti
VishayPrecision
VMware
Vonage
WEX
WNS
W.P.Carey
Wal-Mart
Watsco
WeightWatchers
WellCareHealth
WstAstVarRte
WestlakeChem
Weyerhaeuser
WhitingPetrol
Workiva
WW Ent
XPO Logistics
XcelEnergy
WEEK’S NEW HIGHS AND LOWS
Corning
CostamarePfdD
Cott
CrownCastle
AES
AMC Ent
ARCDocumentSolns
AT&T
AT&T Nts 2066
AZZ
Adecoagro
AdvanceAuto
AegeanMarine
AlaskaAir
AmericanRenal
AmplifySnack
AnixterIntl
AnteroMidstream
AnteroMidstream
ApolloSrFRFd
ArcherDaniels
Ardagh
ArmstrongFlooring
AshfordHospPrime
AvonProducts
BT Group
Barclays
Barnes&NobleEduc
BlkRk2022GlbIncm
BlueApron
BlueCapReins
BrookdaleSrLiving
BuckeyePtrs
Build-A-Bear
CBL Assoc
CBL AssocPfdE
CNX Coal
CVS Health
Cabco JCP PFH
Cambrex
CapsteadMtg
CardinalHealth
CenturyLink
CenturyLinkNts
ChannelAdvisor
Ciena
CobaltIntlEner
CoeurMining
Colfax
CommunityHlthSys
EngGr-Cmg C
EngGr-Cmg
Volaris
Corts JC KTP
Crawford A
CushingTotRetFd
KB Home
Renren
KBR
ResoluteForest
Kemper
RiceEnergy
KenonHoldings RingCentral
NEW LOWS
CustomersBancorp KayneAnderson
DaVita
KimberlyClark
DeanFoods
KingswayFin
DieboldNixdorf KnotOffshore
Doubleline Oppor LSC Comm
DoverDowns
LendingClub
DreyfAlcGlb2024 LomaNegra
elfBeauty
Luby's
EXCO Res
MFS GvMkTr
EastmanKodak MFS Intermd
EastmanKodakWt Mack-Cali
EastmanKodakWt Macy's
EtnVncFR IT
Mallinckrodt
EtnVncFR2022 MedEquitiesRlty
EdgewellPersonal MedleyMgmt
EldoradoGold
MetropolitanBk
EllingtonFin
MosaicAcqnUn
Enbridge
NCR
Energizer
NationalGrid
EntercomCommsWi Nautilus
EnvisionHlthcr NeoPhotonics
EsterlineTechs Netshoes
NewIrelandFundRt
EthanAllen
Evertec
NewSeniorInvt
EvolentHealth
NewYorkREIT
Fabrinet
NewellBrands
FirstBanCorp
NielsenHoldings
FT SrFR Incm
NordicAmerTankers
FT SrFR2022
Nordstrom
FT SpecFin
NuSTAREnergy
FlotekIndustries NuvCreditStrat
FootLocker
NuvEMDebt2022
FortunaSilver
NuvFR OppFd
FourSeasonsEduc NuvNJ MuniVal
GNC Holdings
OFGBancorp
GabelliEquityRt Omnicom
GabelliGlbSmRt Owens&Minor
GameStop
PHH
GeneralMills
PQ Group
GenesisHealthcare PandoraMedia
GlaxoSmithKline PartyCity
GranitePointMtg PenneyJC
HarleyDavidson PennyMacTr
PIMCOCAMuniIII
HeclaMining
HighlandFROpps PIMCO HiIncm
Interpublic
PitneyBowes
Intrexon
PitneyBowesNt43
InvestmentTech PPlus CZN-1
J Alexander's
PrestigeBrands
JohnsonControls Quantum
JustEnergy
QwestNts2051
YumBrands
ZTO Express
Zendesk
Zoetis
QwestNts2052
QwestNts2052
QwestNts2053
QwestNts2054
QwestNts2055
Qwest7%Nts2056
QwestNts2057
RAIT Financial
RR Donnelley
RangerEnergySvcs
RitchieBros
RiteAid
RubiconProject
SafetyIncome
SallyBeauty
SandRidgeMS II
ScrippsEW
SeaWorldEnt
Smucker
Sogou
SpiritRealtyPfdA
Sprint
StandardMotor
SuperiorIndsIntl
Switch
Tegna
TPG Pace
TeekayLNG PfdB
Telephone&Data
3D Systems
TimeInc.
TownsquareMedia
TutorPerini
TwoHarbors
US Cellular
UnderArmour A
UnderArmour C
Universal
UniversalHealthB
Veritiv
VistaOutdoor
VitaminShoppe
VoyaPrimeRate
WashingtonPrime
WeisMarkets
WesternGasEquity
WesternGasPtrs
WideOpenWest
Willbros
WorldFuelSvcs
XeriumTech
CBOE MARKET REPORT
Advances-Declines
Last
Week
CALLS
Week
Ago
PUTS
Last
Week
Week
Ago
Advances
127,123
129,970 111,018
96,614
Declines
176,179
164,583 177,139
182,411
Unchanged
123,002
124,801 138,143
140,324
Market Volatility Index (VIX)
VIX Index
Last
Week
Prev.
Week
Month
Ago
Year
Ago
11.29
9.14
9.61
14.17
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 callsin the two front months.
Put-Call Ratio
Last Week
Puts
Calls
S&P 100
3,862
Last
Week
Previous
Week
3,938
98/100
88/100
CBOE Equity 3,160,836 4,920,472
64/100
64/100
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 2390 optionable stocks) was 10.57
atThursday'sclose,versus10.39aweekearlier.TheComposite
Put Index (of time premiums on near-the-money six-month
puts on 2406 optionable stocks) was 9.65 at Thursday's Close,
versus9.57 a week earlier.
M38
BARRON’S
November 13, 2017
Market Laboratory
CBOE PUT/CALL RATIO vs S&P 100
MONEY RATES
Yr Ago
Discount Rate (NY)
13/4
13/4
Prime Rate (base)
41/4
41/4
31/2
Fed Funds Rate
Avg effective offer
Avg weekly auction-c
1 /50
1.14
1 /50
1.16
/25
0.39
9
T-Bills Rate
13 weeks, Coupon Yield
13 weeks, Auction Rate
26 weeks, Coupon Yield
26 weeks, Auction Rate
Avg weekly auction-c
9
1
11
1.205
1.185
1.327
1.300
1.14
1.149
1.130
1.286
1.260
1.09
3
3
1.22
1.25
1.35
1.53
1.22
1.25
1.35
1.53
0.45
0.65
0.85
1.23
-0.329
-0.275
-0.191
-0.329
-0.276
-0.191
-0.312
-0.210
-0.069
Libor Interbank Rate
1 month
3 months
6 months
12 months
1.25
1.41
1.61
1.88
1.24
1.39
1.59
1.86
0.54
0.91
1.26
1.59
Foreign Prime Rates
Canada
Germany
Japan
Switzerland
Britain
3.20
0.00
1.475
0.50
0.50
3.20
0.00
1.475
0.50
0.50
2.70
0.00
1.475
0.50
0.25
3.48
0.14
0.08
0.24
0.41
0.58
1.00
3.46
0.14
0.08
0.24
0.41
0.58
1.00
3.30
0.11
0.07
0.19
0.31
0.49
0.81
0.10
0.10
0.10
Broker Call Rate
Bankers Acceptances
1 month
2 months
3 months
6 months
Euribor Interbank Rate
3 months
6 months
12 months
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+)
0.426
0.420
0.544
0.535
0.36
FOREIGN EXCHANGE
The New York foreign exchange mid-range rates are quoted at 5
p.m. Eastern time by Reuters. Retail transactions provide
fewer units of foreign currency per dollar.
S&P 100
Country
CBOE
2.15
0.90
CBOE
1.80
0.80
1.45
0.70
1.10
0.60
0.75
0.50
2 1/4
0.40
N
D
J
F
M
A
M
J
J
A
S
O
N
0.40
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
74%
74%
73%
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
s
S&P 100
Bullish
Bearish
Neutral
45.1%
23.1
31.8
45.1%
28.6
26.4
39.6%
33.0
27.3
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)
.0571
.7662
2.6522
.3075
.5963
.7885
.001586
.1506
.0003322
.1546970
…… ..
.04565
.1568
1.0000
.0567
.1282
.003740
.009657
.01539
.0000740
.2818
.008813
.003002
3.3055
.1242
.2377
…… ..
.0525
.6930
.1229
2.5967
.00952
.3086
.01950
.2759
.2596
.01690
.2667
.7358
Bullish Consensus
71%
70%
71%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
TIM Group Market Sentiment
Indicator
45.6%
49.9%
47.8%
Source: TIM Group, 3 Columbus Circle, Suite 1592
New York, NY 10019 (844) 207-1445. timsupport@timgroup.com
Corporate (z)
Municipal (z)
48,106
r29,504
8,809
9,519
r8,281
5,352
Best Grade Bonds-y (Barron's index of 10 high-grade
corporate bonds.)
3.19
3.18
3.34
Interm-Grade Bonds-y (Barron's index of 10
medium-grade corporate bonds.)
4.10
4.02
4.65
Confidence Index (High-grade index divided by intermediate-grade index; decline in latter vs. former generally
indicates rising confidence, pointing to higher stocks.)
77.7
79.1
71.9
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.)
3447.63
3482.84
3339.07
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)
2741.74
2746.65
2610.25
Ryan Labs Treasury Index (Index of total return from
active Treasury notes and bonds. Dec. 31, 1996=100.)
273.95
273.51
270.80
17.4900
1.3051
.3771
3.2779
1.6770
1.2682
631.70
6.6415
3008.00
6.46
…… ..
21.907
6.3795
1.0000
17.6500
7.8011
267.40
103.55
65.190
13533
3.5485
113.54
332.80
.3025
8.0465
4.1915
…… ..
19.1125
1.4431
8.1345
.3851
104.950
3.2426
51.238
3.6239
3.8525
59.187
3.7502
1.3604
17.6350
1.3072
.3772
3.3144
1.6847
1.2763
634.50
6.6387
3037.50
6.49
…… ..
22.125
6.4123
1.0000
17.6475
7.8026
267.73
106.33
64.705
13499
3.5086
114.06
334.23
.3027
8.0345
4.2360
…… ..
19.2034
1.4480
8.1765
.3850
105.280
3.2455
51.282
3.6566
3.8247
59.024
3.7503
1.3649
Country
.0696
.0703
14.3704
14.2236
.0008942
.0008958
1120.97
1116.29
.0065
.0065
153.6000
153.5700
.1197
.1186
8.3564
8.4335
1.0042
.9994
.9958
1.0006
.03311
.03314
30.170
30.171
.03020
.03015
33.125
33.170
.2588
.2573
3.8636
3.8864
.0377
.0371
26.5100
26.9285
1.3191
1.3075
.7581
.7648
…… ..
…… ..
…… ..
…… ..
Financial
.03426
.03421
29.215
29.230
.100125
.099392
9.99
10.06
Venezuela (Bolivar)
---1.1642
1.1610
.8590
.8614
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
11/6
11/7
11/8
.83
.49
.64
1.06
2.05
.44
1.12
.21
.82
11/9 11/10
.71
1.12
1.01
.77
.67
.80
BARRON'S GOLD MINING INDEX
12-Month
High
Low
11/9
Year
Ago
11/2
Week %
Chg.
567.38 443.06 Gold mining 477.67 477.42 508.56 +0.05
GOLD & SILVER PRICES
FEDERAL RESERVE DATA BANK
Member Bank
Reserve Chgs. (Mil. $)
Prev.
Week
Change
Latest
Week
Year
Ago
Change
One week ended Nov 8:
U.S. Gov't securities:
4,237,314
-4,140 +
19,344
6,757
....
-11,736
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
1
....
52
-305
32,540
4,418,185
11,041
5,200
49,245
4,504,546
1,590,150
229
177,780
5,167
80,289
48,471
2,192,617
2,311,929
-7
....
-45
217
1,576
-2,623
....
....
14
-2,627
4,751
12
-15,766
-1
-719
1,159
-71,341
68,714
....
....
25
51
-1,609
3,457
....
....
799
4,039
103,726
43
-198,437
-67
41,917
256
-132,219
136,259
Fgn hold U.S. debt
3,373,347 +
Bought outright
Yr Ago
Week
New Offerings, (mil $) (v)
.0567
.7650
2.6512
.3017
.5936
.7835
.001576
.1506
.0003292
.1541568
…… ..
.04520
.1560
1.0000
.0567
.1282
.003735
.009405
.01545
.0000741
.2850
.008767
.002992
3.3038
.1245
.2361
…… ..
.0521
.6906
.1223
2.5974
.00950
.3081
.01950
.2735
.2615
.01694
.2666
.7327
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, November 10, 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.)
3.49
3.67
3.52
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
3.91
3.97
4.05
Stock/Bond Yield Gap-s (Difference between yield on
highest-grade corporate bonds and yield on stocks on the DJIA.)
–.99
–1.01
–.83
Yield on DJ Equal Weight US Corp Bond Idx:
Corp Bonds, (y)
3.11
3.05
2.92
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 September
M1
M2
Total Reserves:
Prev. Yr. Ago YOY % Chg
Week ended October 30
M1
3,581.1 r3,623.8 3,333.7
M2
13,745.9 r13,746.7 13,183.7
Two Weeks ended October 25
M1 Multiplier (St. Louis Fed)
r0.934 r0.934 0.923
3,553.2 3,564.7 3,317.9
r13,703.4 r13,664.5 13,060.9
Primary Credit
Secondary Credit
Seasonal Credit
Reserve Aggr (Mil. $ sa)
Two Wks Ended Nov 8:
MONEY SUPPLY
Money Supply (Bil. $ seas. adj.)
Reserve bank credit:
7.42
4.26
1.19
7.09
4.92
Nonborrowed Res #
Required Res ##
Excess Reserves:
Borrowed Reserves
Free Reserves ###
Monetary Base
Latest
Wk.
2,341,612
2,341,533
186,422
2,155,190
79
2,155,111
3,865,347
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
Handy & Harman
Gold, troy ounce
Silver, troy ounce
11/10
11/3
Year
Ago
1284.30
16.87
1267.20
16.83
1236.45
17.72
Base for pricing gold and silver contents of shipments and for
making refining settlement.
Price
Premium Premium
Coins
$
%
1324.86
1337.60
1543.94
1251.68
1337.60
1337.60
Krugerrand
Maple Leaf
Mexican Peso
Austria Crown
Austria Phil
U.S. Eagles
50.96
63.70
8.00
3.00
63.70
63.70
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 1273.90
GOLD PERFORMANCE
Golden Conflict: Gold rose more than
1% as investors worried about the U.S.’
divergent tax plans.
Barron's Gold Mining Index (477.67)
20
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
Prev.
Week
s
Latest
Week
7,589 + 261,971
Prev. Wk. %
Year
Week
Chg.
Ago
2,328,554
0.56 2,203,028
2,328,400
0.56 2,202,985
181,547
2.69
170,910
2,147,007
0.38 2,032,118
155 -49.03
43
2,146,852
0.38 2,032,075
3,846,518
0.49 3,624,571
# 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.
10
0
-10
s
Handy & Harman Gold Price
-20
D
J
F
M
A
M
J
J
A
S
O
November 13, 2017
BARRON’S
M39
Market Laboratory
STOCK SPLITS/DIVIDENDS
Company Name-Ticker Symbol (Exchange)
Amount
Record
Date
iSh Nasdaq Biotech-IBB (Nasdaq) ......................................................
3-for-1
11-28
Ex-Dividend
Date
Payment
Date
12-01
11-30
Amount
American Financial Group-AFG (NYSE) ............................................
Autohome ADR-ATHM (NYSE) ............................................................
Bassett Furniture Inds-BSET (Nasdaq) ..............................................
Cohen & Steers-CNS (NYSE)................................................................
James River Group Hldgs-JRVR (Nasdaq) ........................................
TIM Participacoes ADR-TSU (NYSE)..................................................
Warrior Met Coal-HCC (NYSE) .............................................................
2.00
0.76
0.35
1.00
0.50
0.12
11.21
Record
Date
11-17
1-04
12-01
11-22
12-15
11-17
11-13
Ex-Dividend
Date
Payment
Date
11-16
1-03
11-30
11-21
12-14
11-16
11-24
11-27
1-16
12-15
12-13
12-28
12-01
11-22
Company Name-Ticker Symbol (Exchange)
Alcentra Capital-ABDC (Nasdaq) ......................... 13.6
Chesapeake Granite Wash-CHKR (NYSE) .......... 12.1
Computer Programs & Sys-CPSI (Nasdaq) ......... 1.4
ECA Marcellus Trust I-ECT (NYSE)...................... 12.2
Foresight Energy-FELP (NYSE)........................... 5.8
OCI Partners-OCIP (NYSE) .................................. 4.4
Wheaton Precious Metals-WPM (NYSE) ............ 1.8
Q
Q
Q
Q
Q
Q
Q
.25
.0657
.10
.073
.0605
.08
.09
From
%
Decrease
Record
Date
Ex-Div
Date
Payment
Date
.34
.1003
.30
.10
.0647
.12
.10
-26.5 %
-34.5 %
-66.7 %
-27.0 %
-6.5 %
-33.3 %
-10.0 %
12-29
11-20
11-16
11-17
11-20
11-17
11-27
12-28
11-17
11-15
11-16
11-17
11-16
11-24
1-04
11-30
12-01
11-30
11-30
12-08
12-07
DIVIDEND PAYMENT BOOSTS
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
Company Name-Ticker Symbol (Exchange)
Adjusted
Yield Period To
4.65% Fltg. Rate STRATS-GJO (NYSE) ................. 2.1
Aaron's Inc-AAN (NYSE) .......................................... 0.3
Acadia Realty Trust-AKR (NYSE)........................... 3.7
Adams Divers Equity Fd-ADX (NYSE)................... 2.0
Adams Natural Rscs Fd-PEO (NYSE) .................... 4.0
Air Lease-AL (NYSE) ................................................ 0.9
Aircastle Ltd-AYR (NYSE) ....................................... 4.8
Alon USA Partners-ALDW (NYSE) ......................... 12.6
AmerisourceBergen-ABC (NYSE) ......................... 2.0
Arbor Realty Trust-ABR (NYSE) ............................. 9.0
Ares Management-ARES (NYSE) ........................... 8.7
Atmos Energy-ATO (NYSE)..................................... 2.2
Automatic Data-ADP (Nasdaq) ............................... 2.3
Black Hills-BKH (NYSE) ........................................... 3.3
BorgWarner-BWA (NYSE) ....................................... 1.3
Central Securities-CET (NYSE AMER ) ................... 6.0
Cheniere Energy Partners-CQH (NYSE AMER ).... 6.7
Core-Mark Holding-CORE (Nasdaq)....................... 1.4
DR Horton-DHI (NYSE)............................................. 1.1
DTE Energy-DTE (NYSE) ......................................... 3.1
Easterly Govt Properties-DEA (NYSE).................. 5.1
EMC Insurance Group-EMCI (Nasdaq).................. 3.0
Emerson Electric-EMR (NYSE) .............................. 3.1
Fed Premier Intemediate-FPT (NYSE)................... 7.6
Gerdau ADR-GGB (NYSE)........................................ 1.2
Global Water Resources-GWRS (Nasdaq) ........... 2.9
Group 1 Automotive-GPI (NYSE)........................... 1.3
Hewlett Packard Ent-HPE (NYSE) .......................... 2.2
Huntington Ingalls Inds-HII (NYSE) ...................... 1.2
Innospec-IOSP (Nasdaq).......................................... 1.2
Inter Parfums-IPAR (Nasdaq).................................. 1.9
Jones Lang LaSalle-JLL (NYSE) ............................ 0.5
Ladder Capital Cl A-LADR (NYSE).......................... 9.2
LCI Industries-LCII (NYSE) ..................................... 1.9
Lexington Realty Trust-LXP (NYSE) ..................... 6.8
Liberty All-Star Equity-USA (NYSE) ...................... 11.1
MainSource Fincl Group-MSFG (Nasdaq) ............ 2.1
Microchip Technology-MCHP (Nasdaq) ............... 1.6
National Bankshares-NKSH (NCM ) ...................... 2.8
Natl Storage Affiliates-NSA (NYSE)....................... 4.3
Nelnet A-NNI (NYSE) ................................................ 1.2
NVIDIA-NVDA (Nasdaq) ............................................ 0.3
Pattern Energy Group-PEGI (Nasdaq)................... 8.1
Pioneer Mun Hi Inc Adv Tr-MAV (NYSE) ............... 5.5
Pioneer Mun Hi Incm Tr-MHI (NYSE)..................... 5.4
Primoris Services-PRIM (Nasdaq) ......................... 0.9
Sabine Royalty Tr UBI-SBR (NYSE)....................... 4.4
Sanchez Midstream Ptrs-SNMP (NYSE AMER ).... 14.3
Six Flags Entertainment-SIX (NYSE) .................... 4.3
Snap-On-SNA (NYSE) .............................................. 2.1
Solar Capital-SLRC (Nasdaq) .................................. 7.6
Starbucks-SBUX (Nasdaq)....................................... 2.1
STRATS Dom Res Ser 05-06-GJP (NYSE) ............ 3.4
Sun Life Financial-SLF (NYSE)............................... 3.7
TELUS Corp.-TU (NYSE) ......................................... 4.2
Universal Corp-UVV (NYSE) ................................... 3.9
Westpac Banking ADR-WBK (NYSE) .................... 5.9
M
Q
Q
Q
Q
Q
Q
Q
Q
Q
Q
Q
Q
Q
Q
S
Q
Q
Q
Q
Q
Q
Q
M
Q
M
Q
Q
Q
S
Q
S
Q
Q
Q
Q
Q
Q
S
Q
Q
Q
Q
M
M
Q
M
Q
Q
Q
Q
Q
M
Q
Q
Q
S
.038733
.03
.27
.08
.20
.10
.28
.43
.38
.19
.41
.485
.63
.475
.17
.80
.45
.10
.125
.8825
.26
.22
.485
.0843
.009235
.023625
.25
.075
.72
.39
.21
.37
.315
.55
.1775
.17
.18
.3625
.61
.28
.16
.15
.422
.0525
.0525
.06
.15715
.4508
.70
.82
.41
.30
.063699
.356513
.397528
.55
.721544
This list includes payouts on common stocks.
This list includes payouts on common stocks.
NYSE
(November 13)
Air Products &Chemicals.95
Avianca Holdings ADR .101
Banco Santander ADR .046
Clipper Realty
.095
Clorox Co
.84
Coca-Cola Femsa ADR .872
Embotell Andina A ADR .18
Embotell Andina B ADR .197
EnLink Midstream Prtnrs .39
Fomento Econ Mexi
.674
Itau Unibanco Holding .005
Masco Corp
.105
Western Gas Partners .905
Tuesday
DIVIDEND PAYMENT REDUCTIONS
Adjusted
Yield Period To
WEEK'S EX-DIVIDEND DATES
Monday
SPECIAL DIVIDENDS
Company Name-Ticker Symbol (Exchange)
WEEK'S DIVIDEND PAYMENT
From
%
Increase
Record
Date
Ex-Div
Date
Payment
Date
.037917
.0275
.26
.05
.10
.075
.26
.35
.365
.18
.31
.45
.57
.445
.14
.20
.02
.09
.10
.825
.25
.21
.48
.045
.006373
.02306
.24
.065
.60
.38
.17
.35
.30
.50
.175
.13
.17
.362
.56
.26
.14
.14
.42
.05
.05
.055
.1509
.4441
.64
.71
.40
.25
.061644
.336513
.385028
.54
.688908
2.2 %
9.1
3.8
60.0
100.0
33.3
7.7
22.9
4.1
5.6
32.3
7.8
10.5
6.7
21.4
300.0
2150.0
11.1
25.0
7.0
4.0
4.8
1.0
87.3
44.9
2.5
4.2
15.4
20.0
2.6
23.5
5.7
5.0
10.0
1.4
30.8
5.9
0.1
8.9
7.7
14.3
7.1
0.5
5.0
5.0
9.1
4.1
1.5
9.4
15.5
2.5
20.0
3.3
4.6
2.5
1.9
4.7
11-14
12-13
12-29
11-22
11-22
12-14
11-30
11-13
11-20
11-15
11-17
11-27
12-08
11-17
12-01
11-13
11-20
11-28
12-01
12-18
12-06
11-20
11-17
11-17
11-24
12-15
12-01
12-13
11-24
11-16
12-29
11-16
12-11
11-17
12-29
11-17
12-05
11-21
11-20
12-15
12-01
11-24
12-29
11-16
11-16
12-29
11-15
11-20
11-30
11-17
3-22
11-16
11-14
11-29
12-11
1-08
11-13
11-13
12-12
12-28
11-21
11-21
12-13
11-29
11-10
11-17
11-14
11-16
11-24
12-07
11-16
11-30
11-10
11-17
11-27
11-30
12-15
12-05
11-17
11-16
11-16
11-22
12-14
11-30
12-12
11-22
11-15
12-28
11-15
12-08
11-16
12-28
11-16
12-04
11-20
11-17
12-14
11-30
11-22
12-28
11-15
11-15
12-28
11-14
11-17
11-29
11-16
3-21
11-15
11-13
11-28
12-08
1-05
11-10
11-15
1-02
1-12
12-22
12-20
1-04
12-15
11-22
12-04
11-30
12-01
12-11
1-01
12-01
12-15
12-21
11-30
12-22
12-15
1-15
12-21
11-27
12-11
11-20
12-08
12-29
12-15
1-03
12-08
11-27
1-15
12-15
1-03
12-01
1-16
1-02
12-15
12-05
12-01
12-29
12-15
12-15
1-31
11-30
11-30
1-15
11-29
11-30
12-11
12-08
4-03
12-01
11-15
12-29
1-02
2-05
1-02
(November 14)
Amer Midstream Prtnrs .412
Andeavor Logistics
.985
Crestwood Equity Prtnrs .60
DCP Midstream
.78
Delek Logistics Prtnrs .715
Enbridge Energy Ptrs
.35
EnbridgeEnergy
.35
Energy Transfer Prtnrs .565
EQT Midstream Partners .98
Genesis Energy
.50
Global Partners
.462
Holly Energy Partners .645
Magellan Midstream .905
MPLX
.588
Natural Resource Prtnrs .45
NGL Energy Partners
.39
NuSTAR Energy
1.095
Oneok Inc
.745
Plains All Amer Pipeline .30
Plains GP Holdings
.30
PNM Resources
.242
Suburban Propane
.60
Summit Midstream
.575
Sunoco
.826
Tallgrass Energy GP
.355
Tallgrass Energy Prtnrs .945
TC PipeLines
1.00
Westmoreland Res
.116
Wednesday
(November 15)
Abbott Laboratories
.265
AbbVie
.64
Accenture Cl A
1.33
Adient
.275
AES
.12
Alliant Energy
.315
Ally Financial
.12
AO Smith
.14
Aon PLC
.36
Archrock
.12
Citizens Financial Group .18
Colgate-Palmolive
.40
Crescent Point Energy .024
Dolby Labs A
.16
Eaton Vance
.31
Federated Investors
.25
Hormel Foods
.17
JMP Group
.03
Kinder Morgan
.125
Knot Offshore Partners .52
Marsh & McLennan .375
Morgan Stanley
.25
Northwest Natural Gas .472
NRG Energy
.03
Pembina Pipeline
.144
Procter & Gamble
.69
Targa Resources
.91
Teekay Corp
.055
TsakosEnergyNavigation.05
Vermilion Energy
.173
Thursday
(November 16)
AllianceBernstein
.51
Antero Midstream Prtnrs .34
AVX Corp
.115
Boardwalk Pipeline Ptrs .10
KB Home
.025
Macquarie Infrastruc 1.42
New Media Invt Group .37
NuSTAR GP
.545
Synchrony Financial
.15
Friday
(November 17)
AmeriGas Partners
.95
Ameriprise Financial
.83
Cabot Oil & Gas
.05
Calif Water Svc Grp
.18
CVR Energy
.50
CVR Refining
.94
Eaton Corp. PLC
.60
FirstCommonwealthFincl.08
Genie Energy
.075
GpoAeroportuarioPac 1.494
Lazard
.41
Santander Consumer
.03
Unum Group
.23
Saturday
(November 18)
NONE
Sunday
(November 19)
NONE
NASDAQ
Monday
(November 13)
Capital Bank Financial .12
Capital Product Partners .08
Dime CommunityBancsh .14
First Interstate Banc A .24
Texas Instruments
.62
Tuesday
(November 14)
Alliance Resource Ptrs .505
Codorus Valley Bancorp.135
Columbia Banking Sys .22
Fidelity Southern
.12
Hope Bancorp
.13
Landmark Infr Partners .358
LSI Industries
.05
Martin Midstream Prtnrs .50
Tile Shop Holdings
.05
Wednesday
(November 15)
1st Source
.20
Adtran
.09
American River Bankshrs.05
Bear State Financial
.03
Casey's General Stores .26
Century Bancorp Cl A
.12
Donegal Group Cl A
.14
Donegal Group Cl B
.122
East West Bancorp
.20
FNB Bancorp
.13
Hasbro
.57
Independent Bank Mich .12
Kaiser Aluminum
.50
Lakeland Bancorp
.10
Lifetime Brands
.042
Paychex
.50
PC-Tel
.055
People's United Finl
.172
Sandy Spring Bancorp .26
Student Transportation .037
Virtus Invt Partners
.45
Thursday
(November 16)
Apple
.63
Carlyle Group
.56
Citizens First
.10
First Business Finl Svcs .13
Franklin Electric
.108
Independent Bank Group .10
M B T Financial
.06
Marlin Business Services.14
Northwest Bancshares .16
Nutrisystem
.175
S & T Bancorp
.22
Sierra Bancorp
.14
Universal Logistics
.07
WVS Financial
.06
Friday
(November 17)
Alliance Holdings GP .735
BCB Bancorp
.14
Boston Private Financial .11
Brookline Bancorp
.09
Capitol Federal Finl
.085
Comtech TeleComm
.10
First CommunityBncshrs .18
First Defiance Financial .25
Heidrick & Struggles Intl.13
Home Bancorp
.14
JB Hunt Transport
.23
OceanFirst Financial
.15
Papa John's Intl
.225
Peoples Bancorp
.22
PetMed Express
.20
Sonic
.16
South State Corp.
.33
Utd Community Fincl
.04
Wayside Technology Grp .17
Westamerica Bancorp .40
Saturday
(November 18)
NONE
Sunday
(November 19)
NONE
NYSE American
Friday
Wednesday
Monday
(November 13)
NONE
(November 15)
Bowl America Cl A
Tompkins Financial
(November 17)
.17 Friedman Industries
.47
Tuesday
Thursday
(November 18)
(November 14)
Cheniere Energy
(November 16)
.44 NONE
NEW LISTINGS
.01
Saturday
NONE
Sunday
(November 19)
NONE
NYSE
Wednesday
Tuesday
(November 14)
Aflac
.45
AGCO
.14
Allete
.535
American States Water .255
Anheuser-BuschInBev1.853
Applied Indl Techs
.29
Assured Guaranty
.142
Bemis Co
.30
Cementos Pacasmayo .539
CF Industries Holdings .30
Church & Dwight
.19
Cimarex Energy
.08
Compania de Minas
.03
Consolidated Edison
.69
DowDuPont
.38
Eli Lilly
.52
Enbridge Inc
.475
Exelon
.328
Fresh Del Monte Produce.15
Gorman-Rupp
.125
Greenbrier Cos
.23
Hilltop Holdings
.06
International Paper
.475
Jabil
.08
Kroger Co
.125
LSC Communications .25
Marathon Oil
.05
Maximus
.045
Provident Finl Svcs
.20
R.R. Donnelley & Sons .14
RE/MAX Holdings Cl A .18
Scorpio Bulkers
.02
Shaw Communications .074
Southwest Gas Hldgs .495
Standard MotorProducts .19
Sturm Ruger
.21
SunCoke Energy Prtnrs .594
Target Corp
.62
TCF Financial
.075
Teleflex
.34
Terra Nitrogen
1.36
Unitil Corp
.36
Vectren Corp
.45
Winnebago
.10
WR Grace
.21
YUM! Brands
.30
(November 15)
Archer Daniels Midland .32
Ardagh Group Cl A
.14
Artisan Ptrs Asset Mgmt .60
CenterPoint Energy
.268
Corning Inc
.155
Emerald Expositions
.07
Gildan Activewear
.094
Jones Lang LaSalle
.37
Lindsay
.30
Marathon Petroleum
.40
Orbital ATK
.32
Oshkosh
.24
Realogy Holdings
.09
Thomson Reuters
.345
Tuesday
Microsoft
National CineMedia
Resources Connection
Southside Bancshares
Southside Bancshares
Starbucks
Timberland Bancorp
Wynn Resorts
NYSE American
None
(November 14)
Cheesecake Factory
.29
Collectors Universe
.35
Eastern Co
.11
Equinix
2.00
Home BancShares
.11
KLA-Tencor
.59
Landmark Bancorp
.19
Mobile Mini
.227
Multi-Color
.05
Otter Tail
.32
Pool
.37
Red Rock Resorts Cl A .10
Selective Insurance Grp .18
Shore Bancshares
.07
Southern Missouri Banc .11
Spartan Motors
.05
Summit State Bank
.12
Superior Uniform Grp .095
Xilinx
.35
Zions Bancorp
.16
Wednesday
(November 15)
1st Constitution Bancorp .06
Allied Motion Techs
.025
Columbia Sportswear .19
Computer Programs
.10
Expedia
.30
Global Water Res
.023
Innospec
.39
Friday
(November 17)
Allison Transmission
Bunge Ltd
BWX Technologies
Carters
Chemours
Coca-Cola European
Dean Foods
Deluxe Corp
Fortis
Plantronics
Quad/Graphics
Ryder System
Southern
Tribune Media Cl A
.15
.46
.11
.37
.03
.224
.09
.30
.34
.15
.30
.46
.58
.25
Saturday
(November 18)
NONE
Sunday
(November 19)
NONE
Monday
(November 20)
Alaska Air Group
Apollo Global Mgmt A
Brunswick
Cable One
Crawford & Co A
Crawford & Co B
Extended Stay America
Hecla Mining
HollyFrontier
Manulife Financial
Moody's Corp
Ormat Technologies
TechnipFMC
Tenaris ADR
Valero Energy
.42
.22
.12
.02
.28
.30
.11
.50
.30
.39
.19
1.75
.07
.05
.21
.002
.33
.161
.38
.08
.13
.26
.70
Thursday
(November 16)
Adv Emissions Solutions .25
Amgen
1.15
Bank Mutual
.055
Bankwell Financial Group.07
Calavo Growers
.95
Capitol Federal Finl
.29
Clifton Bancorp
.06
Cogent Communications .48
Cognex
.09
Cohu
.06
Costco Wholesale
.50
First Financial Indiana 1.50
Guaranty Bancorp
.125
Hawaiian Holdings
.12
Healthcare Services Grp .19
Heartland Financial USA .11
Innophos Holdings
.48
j2 Global
.395
Kraft Heinz
.625
Midland States Bancorp .20
Nexstar Media Cl A
.30
Spok Holdings
.125
Friday
(November 17)
Cognizant TechSolutions .15
Digirad
.055
EMC Insurance Group .22
Fidelity D & D Bancorp .02
Fidelity D & D Bancorp .24
Gladstone Land
.044
H & E Equipment Serv .275
PacWest Bancorp
.50
Pan American Silver
.025
RPX
.05
Snyders-Lance
.16
Symantec
.075
Tractor Supply
.27
TransAct Technologies .09
Saturday
(November 18)
NONE
Sunday
(November 19)
NONE
Monday
(November 20)
Baldwin & Lyons Cl A .27
Baldwin & Lyons Cl B .27
Microchip Technology .362
Powell Industries
.26
Skyworks Solutions
.32
Sun Bancorp
.01
NYSE American
Tuesday
(November 14)
Bar Harbor Bankshares .187
Wednesday
(November 15)
Friday
Saturday
Thursday
(November 16)
Cohen & Co
Core Molding Tech
Park National
(November 17)
NONE NONE
(November 18)
.20 NONE
Nasdaq
Ameri Holdings (AMRH)
Apellis Pharmaceuticals (APLS)
Bandwidth (BAND)
CBTX (CBTX)
Erytech Pharma (ERYP)
InflaRx (IFRX)
Meridian Bank (MRBK)
(November 16)
Allergan
.70
American Financial Grp 2.00
Aqua America
.205
Ares Management
.41
Black Hills
.475
Carlisle Cos
.37
Chevron
1.08
Cummins
1.08
Delta Air
.305
Diebold Nixdorf
.10
Duke Energy
.89
Emerson Electric
.485
Fortress Transportation .33
Harris Corp
.57
HCI Group
.35
Heritage Insurance
.06
Hilton
.15
Honeywell Intl
.745
L3 Technologies
.75
LCI Industries
.55
MSCI
.38
Neenah Paper
.37
Nu Skin Enterprises Cl A .36
OCI Partners
.08
Oil-Dri of America
.23
Phillips 66
.70
Primerica
.20
Reliance Steel
.45
Royal Dutch Shell ADR A .94
Royal Dutch Shell ADR B .94
.85
.82
.12
.27
.70
.20
.195
1.10
NASDAQ
NYSE
Four Seasons Education (FEDU)
Metropolitan Bank Holding (MCB)
PPDAI Group (PPDF)
Sogou (SOGO)
Thursday
Sherwin-Williams
Snap-On
TIM Participacoes ADR
Timken Co
United Technologies
US Physical Therapy
VISA Cl A
Whirlpool Corp
.05
.94
Sunday
(November 19)
NONE
Monday
(November 20)
NONE
NAME CHANGES
NYSE
None
NYSE American
None
Nasdaq
Melinta Therapeutics (MLNT), formerly Cempra (CEMP)
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
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November 13, 2017
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