Effective March 26, 2012, the HighMark Large Cap Value Fund merged into the HighMark Value Momentum Fund and the resulting Fund is now named HighMark Value Fund. Read More >>
Fund Overview
Net Assets: $353,628,750.75 Number of Holdings: 71 As of 3/31/2013
Fund Strategy
Investment Objective and Goal: To seek long-term capital growth; current income is a secondary objective.
Principal Investment Strategy: The Fund, under normal market conditions, invests in stocks and
other securities that the portfolio managers believe are undervalued. The portfolio managers emphasize a value-oriented approach to selecting stocks for the Fund’s portfolio.
Management
Portfolio Managers: Todd S. Lowenstein, CPA, Keith Stribling, CFA®
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Factsheet
Daily Prices As of 5/24/2013
Class
NAV
Change ($)
Change (%)
Class U
$17.76
-0.02
-0.11
Fiduciary
$17.75
-0.03
-0.17
Retail A
$17.70
-0.02
-0.11
Retail B
$17.27
-0.02
-0.12
Retail C
$17.18
-0.02
-0.12
Fund Facts
Share Class
Ticker
Cusip
Inception Dates
Gross Expenses
Net Expenses
Class U
HVMUX
431113752
1/4/2012
0.89%
0.87%
Fiduciary
HMVMX
431114677
2/1/1991
1.14%
1.00%
Retail A
HMVLX
431114628
4/2/1992
1.39%
1.25%
Retail B **
HVMBX
431114529
2/2/1998
1.89%
1.85%
Retail C
HVMCX
431112812
11/30/1999
1.89%
1.85%
Performance Snapshot as of 4/30/2013
Average Annual Total Returns
Share Class
YTD
1 Year
3 Year
5 Year
10 Year
Since Inception
Class U (Net Asset Value)
11.76%
16.44%
11.92%
3.38%
7.87%
9.17%
Class U (Max Sales Charge)
N/A
N/A
N/A
N/A
N/A
N/A
Fiduciary (Net Asset Value)
11.65%
16.22%
11.83%
3.33%
7.84%
9.16%
Retail A (Net Asset Value)
11.59%
15.89%
11.55%
3.06%
7.57%
8.94%
Retail A (Max Sales Charge)
5.46%
9.54%
9.46%
1.90%
6.96%
8.66%
Retail B (Net Asset Value)**
11.32%
15.24%
10.90%
2.44%
6.91%
8.49%
Retail B (Max Sales Charge)**
6.32%
10.24%
10.08%
2.12%
6.91%
8.49%
Retail C (Net Asset Value)
11.32%
15.20%
10.91%
2.46%
6.92%
8.58%
Retail C (Max Sales Charge)
10.32%
14.20%
10.91%
2.46%
6.92%
8.58%
Historical Returns
2007
2008
2009
2010
2011
2012
Fiduciary **
2.45%
-38.20%
24.22%
13.23%
0.47%
16.77%
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate and, when redeemed, may be worth more or less than their original cost. The Fund's current performance may be lower or higher than that shown. Performance data current to the most recent month-end may be obtained on this site and performance reflects fee waivers in effect. The average annualized total returns reflect the deduction of the Fund's maximum sales load.
** Calendar year performance does not reflect sales charges or expenses.
** Calendar year performance does not reflect sales charges or expenses
The top ten holdings are subject to change and do not include money market instruments and/or futures contracts.
Sector Diversification
security
percentage
CASH EQUIVALENTS
1.51 %
FINANCIALS
22.05 %
INFORMATION TECHNOLOGY
15.55 %
INDUSTRIALS
14.50 %
ENERGY
11.59 %
HEALTH CARE
11.12 %
CONSUMER DISCRETIONARY
10.55 %
CONSUMER STAPLES
9.34 %
MATERIALS
3.78 %
Total
100%
RISK/REWARD
Retail Class A
3 Year Ending 3/31/2013
R2††
96.99
Alpha††
-2.25
Beta††
1.10
Standard Deviation††
16.73%
†† Relative to the S&P 500 Index.
Risk/Rewards Definitions Alpha measures the difference between a fund's actual returns and its expected performance, given its level of risk (as measured by beta). Alpha is often seen as a measure of the value added or subtracted by a portfolio manager. Beta is a measure of a fund's sensitivity to market movements. A portfolio with a beta greater than 1 is more volatile than the market, and a portfolio with a beta less than 1 is less volatile than the market. R-Squared reflects the percentage of a fund's movements that are explained by movements in its benchmark index, showing the degree of correlation between the fund and the benchmark. This figure is also helpful in assessing how likely it is that alpha and beta are statistically significant. Standard deviation is a statistical concept used in investment management to measure risk for the variability of return of a fund’s performance. A higher standard deviation represents greater risk.
Portfolio Holdings Select Period
Holdings are subject to change. There is no assurance as of today's date that the securities listed remain in the fund's respective portfolios.
The portfolio holdings information provided herein excludes any securities held by the funds as collateral for securities on loan by the Funds. Complete holdings information, including securities held as collateral for securities on loan, can be obtained in the Funds' most recent annual, semi-annual or quarterly report as of the date of such report.
Mutual fund investing involves risk, including possible loss of principal. Investors should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. This and other information can be found in the Funds' prospectus, which may be obtained by calling 800.433.6884 or by visiting www.highmarkfunds.com. Please read the prospectus carefully before investing.
HighMark Funds Distributors, LLC, an affiliate of Foreside Funds Distributors LLC, is the principal underwriter of the HighMark Funds. HighMark Capital Management, Inc., a registered investment adviser, is a wholly-owned subsidiary of Union Bank, N.A. and serves as the investment adviser for HighMark Funds. Union Bank, N.A. is wholly owned by UnionBanCal Corporation. UnionBanCal Corporation is wholly owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG, NYSE:MTU), one of the world’s largest financial organizations in market capitalization and deposit taking. NO BANK GUARANTEE, NOT FDIC INSURED, MAY LOSE VALUE. There is no guarantee that the Funds will meet their stated objectives.
