Portfolio
Performance
Fund Facts
Commentary
Portfolio Characteristics as of 9/30/2020
Equity Income
Median Market Cap (Millions) 34,693
Number of Holdings 28
Median Price - to - Earnings (Next 12 Months)* 15.8x
Price / Book 5.87
Beta** 1.04

*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 9/30/2020
Holding
KeyCorp 4.6%
Verizon Communications Inc. 4.6%
Broadcom Inc. 4.3%
Public Service Enterprise Group Inc. 4.2%
Qualcomm Incorporated 4.1%
Holding
Genuine Parts Company 4.0%
Old 3M Company 4.0%
AbbVie, Inc. 3.9%
Target Corporation 3.8%
Paychex, Inc. 3.8%

***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 6/30/2020
% of Total
Information Technology 16
Consumer Discretionary 14
Health Care 13
Industrials 11
Communication Services 8
Financials 8
Consumer Staples 7
Energy 7
Real Estate 6
Materials 6
Utilities 4
Total
100%

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

Market Cap Exposure as of 6/30/2020
Equity Income Companies
Greater than $10 billion 72.7 20
$2 billion - $10 billion 27.3 8
$0 - $2 billion 0.0 0
Total
100%
28