RFC

Russell Frank Company Portfolio holdings

AUM $56.9B

1-Year Est. Return 2.13%

2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Est. Return

1 Year Est. Return

+2.13%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$56.9B

AUM Growth

-$371M (-0.65%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

3,191

New

Increased

Reduced

Closed

Top Buys

1		+$74.2M
2		+$69.5M
3		+$67.1M
4	Essex Property Trust ESS	+$54M
5	Duke Energy DUK	+$48M

Top Sells

1		+$87.7M
2		+$83.8M
3		+$77.6M
4	Starbucks SBUX	+$73.2M
5	RTX Corp RTX	+$69.6M

Sector Composition

1	Financials	18.07%
2	Healthcare	12.54%
3	Technology	11.83%
4	Industrials	10.23%
5	Consumer Discretionary	9.55%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal
151	151 Kinder Morgan KMI $61.2B	$84.3M	0.15%	4,719,898 +198,710
152	152 Caterpillar CAT $249B	$83.8M	0.15%	1,094,298 -15,407
153	153 Salesforce CRM $242B	$82.7M	0.15%	1,120,077 -242,190
154	KSU 154 DELISTED Kansas City Southern KSU	$81.9M	0.14%	957,711 -308,908
155	155 Ambev ABEV $35.4B	$80.7M	0.14%	15,569,735 -1,580,327
156	156 Essex Property Trust ESS $16.8B	$80M	0.14%	342,041 +230,995
157	157 Embraer ERJ $11.1B	$79.9M	0.14%	3,031,643 -87,552
158	PXD 158 DELISTED Pioneer Natural Resource Co. PXD	$79.6M	0.14%	565,198 +476,787
159	CHL 159 DELISTED China Mobile Limited CHL	$79.3M	0.14%	1,430,794 -285,237
160	PRMW 160 DELISTED Primo Water Corporation PRMW	$79.3M	0.14%	5,710,963 +635,251
161	161 Blackrock BLK $180B	$78.9M	0.14%	231,503 -59,998
162	162 Sherwin-Williams SHW $82.6B	$78.8M	0.14%	830,220 -390,150
163	163 AbbVie ABBV $410B	$78.6M	0.14%	1,376,008 -263,402
164	164 FedEx FDX $56.6B	$78.3M	0.14%	481,006 +56,706
165	ESRX 165 DELISTED Express Scripts Holding Company ESRX	$77.9M	0.14%	1,132,812 +642,970
166	166 FMC FMC $3.69B	$77.7M	0.14%	2,219,790 +81,537
167	CA 167 DELISTED CA, Inc. CA	$77.7M	0.14%	2,523,892 +1,471
168	168 ICICI Bank IBN $111B	$76.6M	0.13%	11,768,338 -1,381,073
169	169 Kellanova K $28.9B	$76.6M	0.13%	1,064,587 +28,267
170	170 American Electric Power AEP $63B	$76.4M	0.13%	1,149,820 -155,440
171	171 Cemex CX $13.9B	$76.2M	0.13%	11,317,039 +4,411,375
172	DFS 172 DELISTED Discover Financial Services DFS	$76.1M	0.13%	1,493,968 -297,898
173	173 Host Hotels & Resorts HST $11.3B	$75.8M	0.13%	4,540,403 -59,964
174	174 Corpay CPAY $20.2B	$75.8M	0.13%	509,052 +133,986
175	175 Healthpeak Properties DOC $13B	$75.2M	0.13%	2,534,283 +735,654