Zeo Strategic Income Fund

Class Inst (ZEOIX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 20.76 20.76
Stocks 0.0 0.0
Bonds 62.78 62.78
Other 0.0 0.0
Foreign Bonds 15.16 15.16
Foreign Stocks 0.0 0.0
Convertible 1.3 1.3
Preferred 0.0 0.0

Updated 10.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 10.31.2013

% Net Assets
Hillman Company 10.875% 7.57
Natl Money Mart Company 10.375% 6.78
Expedia Inc Del 7.456% 5.94
Prestige Brands In 8.25% 5.56
Dae Aviation Hldgs 144A 11.25% 5.12
Collective Brands 4.42
Mueller Wtr Prods 7.375% 4.4
Dillard Dept Stores 6.625% 4.24
Great Lakes Dredge & Dock 7.375% 4.18
Alliance Healthcare Srvcs 8% 4.14