Crow Point Defined Risk Global Equity Income Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 4.84 0.0 4.84
Stocks 43.09 0.0 43.09
Bonds 0.0 0.0 0.0
Other 1.68 0.64 1.04
Foreign Bonds 0.0 0.01 -0.01
Foreign Stocks 36.28 0.0 36.28
Convertible 0.0 0.0 0.0
Preferred 14.75 0.0 14.75

Updated 02.28.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 02.28.2014

Ticker YTD Return % % Net Assets
Vanguard Nat Res Pfd --- --- 1.83
Lockheed Martin Corp LMT 9.85 1.73
Ashford Hosptlty Tr Pfd --- --- 1.67
Deutsche Post AG DPW --- 1.67
Newcastle Invt Corp New Pfd --- --- 1.55
Reynolds American Inc RAI 23.3 1.53
Resolution Ltd RSLLF -10.94 1.51
Consolidated Communications Inc CNSL 17.4 1.46
Exxon Mobil Corporation XOM 1.46 1.45
Novartis AG ADR NVS 17.18 1.45