Portfolio
Performance
Fund Facts
Commentary
Portfolio Characteristics as of 9/30/2022
Equity Income
Median Market Cap (Millions) 51,274
Number of Holdings 26
Median Price - to - Earnings (Next 12 Months)* 14.8x
Price / Book 46.1
Beta** 0.76

*This measure is not a forecast of the fund’s future performance.
**A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

Top Ten Holdings*** as of 9/30/2022
Holding
Genuine Parts Company 5.1%
ConocoPhillips 5.1%
Enterprise Products Partners L.P. 4.9%
AbbVie, Inc. 4.7%
Broadcom Inc. 4.4%
Holding
Keurig Dr. Pepper, Inc. 4.3%
Johnson & Johnson 4.3%
Public Service Enterprise Group, Inc. 4.1%
Procter & Gamble Company 4.1%
CME Group Inc. 4.0%

***Holdings are subject to change and do not include the Fund’s entire portfolio. Holdings data is presented to illustrate examples of the securities the Fund bought and the diversity of areas in which the Fund invests and may not be representative of the Fund’s current or future investments. Current and future holding are subject to risk. Sector Breakdowns are determined by Hamlin’s Investment Committee.

Sector Breakdown**** as of 9/30/2022
% of Total
Consumer Discretionary 17
Financials 15
Industrials 14
Consumer Staples 12
Information Technology 9
Utilities 9
Health Care 9
Energy 5
Real Estate 4
Communication Services 3
Short Term Investment 3
Total
100%

****Sector breakdown is defined by Hamlin’s Investment Committee.

Market Cap Exposure as of 9/30/2022
Equity Income Companies
Greater than $10 billion 88.2 23
$2 billion - $10 billion 11.8 3
$0 - $2 billion 0.0 0
Total
100%
26