Aegis High Yield Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.72 0.72
Stocks 1.79 1.79
Bonds 38.91 38.91
Other 5.36 5.36
Foreign Bonds 30.38 30.38
Foreign Stocks 2.25 2.25
Convertible 16.69 16.69
Preferred 3.9 3.9

Updated 09.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 09.30.2013

% Net Assets
Archroma Term Loan B 4.4
Psos Fin 12% 4.21
Thompson Creek Metals Co 7.375% 3.97
Dispensing Dynamics Intl 12.5% 3.86
Tower Group, International, Ltd., , 5.000% 3.78
Black Elk Engy Offshore Oper 13.75% 3.6
Exide Tech 8.625% 3.59
Hoa Rest Grp Llc/ Hoa Fin 11.25% 3.59
Zaza Energy Corp., Sr. Unsec., , 9.000% 3.14
Endeavour Intl 12% 3.12

Bond Ratings (%)

Updated 09.30.2013

Sector AHYAX
AAA 0.0
AA 0.0
A 0.0
BBB 0.0
BB 0.0
B 37.3
Below B 13.0
Other 49.7